# EDGAR Filing Document

**Accession Number:** 0001137360
**File Stem:** 0001410368-25-009108
**Filing Date:** 2025-9
**Character Count:** 54769
**Document Hash:** 004a1246b25e68ccb8b080651ec7e1eb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-009108.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-009108

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VanEck ETF Trust
- **CENTRAL INDEX KEY:** 0001137360

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10325
- **FILM NUMBER:** 251336202

**BUSINESS ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-293-2000

**MAIL ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VanEck Vectors ETF Trust
- **DATE OF NAME CHANGE:** 20160427

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARKET VECTORS ETF TRUST
- **DATE OF NAME CHANGE:** 20070312

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARKET VECTORS TRUST
- **DATE OF NAME CHANGE:** 20050516

## Series and Classes Contracts Data

### VanEck Fallen Angel High Yield Bond ETF (Series ID: S000036772)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000112461 | VanEck Fallen Angel High Yield Bond ETF | ANGL            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** VanEck ETF Trust

- **b. Investment Company Act file number:** 811-10325

- **c. CIK number of Registrant:** 0001137360

- **d. LEI of Registrant:** 549300ZLFKNTXC51ZN76

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

  - **Street Address 1:** 666 THIRD AVENUE, 9TH FLOOR

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 212-293-2000

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

- **a. Name of Series:** VanEck Fallen Angel High Yield Bond ETF

- **b. EDGAR series identifier (if any):** S000036772

- **c. LEI of Series:** 549300A6A1N73WLV0K30

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**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:** $3167742803.98

**Total Liabilities:** $201202725.66

**Net Assets:** $2966540078.32

**Cash Not Reported:** $36008555.98

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -13.73000000 | **1-Year:** -251.50000000 | **5-Year:** -6615.21000000 | **10-Year:** -1168.48000000 | **30-Year:** 0.00000000

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

- **3-Month:** -3666.76000000 | **1-Year:** -224658.03000000 | **5-Year:** -537851.83000000 | **10-Year:** -526317.96000000 | **30-Year:** -184209.26000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000112461 | 1.89%                | 2.43%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1419405.83              | $36379693.01                               |
| Month 2  | $-5370848.49             | $60276554.14                               |
| Month 3  | $1763498.70              | $-9643248.08                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Safeway Inc                  | Safeway Inc                                                                 | CUSIP: 786514BA6<br>LEI: 549300NKZ6VCN5P3K723 | Long             | DBT              | CORP              | US        |  12855000 | PA      | $13835052.35  | 0.47%             | 2031-02-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY LP            | Vornado Realty LP                                                           | CUSIP: 929043AL1<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              |  | US        |  17400000 | PA      | $15265350.95  | 0.51%             | 2031-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE      | Nissan Motor Acceptance Co LLC                                              | CUSIP: 65480CAH8<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  10625000 | PA      | $10369350.28  | 0.35%             | 2029-09-13      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST     | Service Properties Trust                                                    | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |  19875000 | PA      | $19411528.91  | 0.65%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                | Nordstrom Inc                                                               | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |  47600000 | PA      | $32249000.00  | 1.09%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EMBARQ CORP                  | Embarq LLC                                                                  | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  60099000 | PA      | $29665166.90  | 1.00%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| HUDSON PACIFIC PROPERTIE     | Hudson Pacific Properties LP                                                | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |  19875000 | PA      | $18801541.31  | 0.63%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| US CELLULAR CORP             | United States Cellular Corp                                                 | CUSIP: 911684AD0<br>LEI: 549300B164AZXESI6E03 | Long             | DBT              | CORP              | US        |  24375000 | PA      | $25668093.75  | 0.87%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: —       |
| WHIRLPOOL CORP               | Whirlpool Corp                                                              | CUSIP: 963320BC9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |  14900000 | PA      | $14254980.49  | 0.48%             | 2034-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| Yum! Brands Inc              | Yum! Brands Inc                                                             | CUSIP: 988498AD3<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |  16098000 | PA      | $17332797.09  | 0.58%             | 2037-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| PROSPECT CAPITAL CORP        | Prospect Capital Corp                                                       | CUSIP: 74348TAW2<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |  14925000 | PA      | $13491080.63  | 0.45%             | 2028-10-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION            | Xerox Corp                                                                  | CUSIP: 984121CL5<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |  12325000 | PA      | $6427734.00   | 0.22%             | 2035-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| VF CORP                      | VF Corp                                                                     | CUSIP: 918204BC1<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |  37225000 | PA      | $31593084.57  | 1.06%             | 2030-04-23      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| VF CORP                      | VF Corp                                                                     | CUSIP: 918204AT5<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |  14200000 | PA      | $12598840.66  | 0.42%             | 2037-11-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Methanex Corp                | Methanex Corp                                                               | CUSIP: 59151KAJ7<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |  14900000 | PA      | $11646945.58  | 0.39%             | 2044-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE     | Walgreens Boots Alliance Inc                                                | CUSIP: 931427AC2<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |  32467000 | PA      | $31817660.00  | 1.07%             | 2044-11-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS           | Advance Auto Parts Inc                                                      | CUSIP: 00751YAF3<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |  17400000 | PA      | $16034053.02  | 0.54%             | 2027-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC     | Celanese US Holdings LLC                                                    | CUSIP: 15089QAW4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  41774000 | PA      | $43521406.42  | 1.47%             | 2028-11-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE     | Walgreens Boots Alliance Inc                                                | CUSIP: 931427AB4<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |  14925000 | PA      | $14805507.47  | 0.50%             | 2034-11-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| KOHL'S CORPORATION           | Kohl's Corp                                                                 | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |  24714000 | PA      | $17926579.91  | 0.60%             | 2031-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| Bath & Body Works Inc        | Bath & Body Works Inc                                                       | CUSIP: 532716AK3<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |  14142000 | PA      | $14561574.76  | 0.49%             | 2033-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE     | Walgreens Boots Alliance Inc                                                | CUSIP: 931427AR9<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |  14675000 | PA      | $14101024.06  | 0.48%             | 2046-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE     | Rockies Express Pipeline LLC                                                | CUSIP: 77340RAD9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |  12500000 | PA      | $12871237.50  | 0.43%             | 2038-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp              | Sealed Air Corp                                                             | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |  22364000 | PA      | $23925230.84  | 0.81%             | 2033-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC      | Macy's Retail Holdings LLC                                                  | CUSIP: 55616XAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12400000 | PA      | $8715967.44   | 0.29%             | 2042-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Steelcase Inc                | Steelcase Inc                                                               | CUSIP: 858155AE4<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | DBT              | CORP              | US        |  22342000 | PA      | $22034453.21  | 0.74%             | 2029-01-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857492706<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        | 200437772 | NS      | $200437772.50 | 6.76%             |  |  |  | No            |                  1 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE      | Nissan Motor Acceptance Co LLC                                              | CUSIP: 65480CAD7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  12325000 | PA      | $11145923.70  | 0.38%             | 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        |  20975000 | PA      | $11900795.50  | 0.40%             | 2045-07-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE     | Rockies Express Pipeline LLC                                                | CUSIP: 77340RAT4<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |  17400000 | PA      | $16755491.82  | 0.56%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc            | Newell Brands Inc                                                           | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |  20846000 | PA      | $19940228.79  | 0.67%             | 2036-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR CO              | Nissan Motor Co Ltd                                                         | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |  88075000 | PA      | $81016815.70  | 2.73%             | 2030-09-17      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC     | Celanese US Holdings LLC                                                    | CUSIP: 15089QAN4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  31350000 | PA      | $32589547.65  | 1.10%             | 2029-07-15      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP          | Buckeye Partners LP                                                         | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |  29801000 | PA      | $29322290.74  | 0.99%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Crown Cork & Seal Co Inc     | Crown Cork & Seal Co Inc                                                    | CUSIP: 228255AH8<br>LEI: 7HLDMDH0ZXNUH6PT7Z42 | Long             | DBT              | CORP              | US        |  17372000 | PA      | $17935287.10  | 0.60%             | 2026-12-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE      | Nissan Motor Acceptance Co LLC                                              | CUSIP: 65480CAE5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  10625000 | PA      | $10792672.28  | 0.36%             | 2026-09-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS     | Brandywine Operating Partnership LP                                         | CUSIP: 105340AR4<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |  17400000 | PA      | $18478382.40  | 0.62%             | 2028-03-15      | Fixed         | 8.30%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL       | Telecom Italia Capital SA                                                   | CUSIP: 87927VAF5<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |  24775000 | PA      | $25670839.23  | 0.87%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST     | Service Properties Trust                                                    | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |  19875000 | PA      | $16860612.41  | 0.57%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| XEROX CORPORATION            | Xerox Corp                                                                  | CUSIP: 984121CB7<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |  17288000 | PA      | $8971780.48   | 0.30%             | 2039-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS           | Advance Auto Parts Inc                                                      | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |  24850000 | PA      | $22549929.97  | 0.76%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: —       |
| ROCKIES EXPRESS PIPELINE     | Rockies Express Pipeline LLC                                                | CUSIP: 77340RAR8<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |  27330000 | PA      | $26822719.67  | 0.90%             | 2029-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL       | Telecom Italia Capital SA                                                   | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |  24600000 | PA      | $26555150.68  | 0.90%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| PROSPECT CAPITAL CORP        | Prospect Capital Corp                                                       | CUSIP: 74348TAV4<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |  14875000 | PA      | $14274450.14  | 0.48%             | 2026-11-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: —       |
| NORDSTROM INC                | Nordstrom Inc                                                               | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |  20900000 | PA      | $18318260.62  | 0.62%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| Fluor Corp                   | Fluor Corp                                                                  | CUSIP: 343412AF9<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |  25659000 | PA      | $25269191.04  | 0.85%             | 2028-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS     | Brandywine Operating Partnership LP                                         | CUSIP: 105340AP8<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |  17394000 | PA      | $16368139.80  | 0.55%             | 2029-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST     | Service Properties Trust                                                    | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |  22364000 | PA      | $22022732.07  | 0.74%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO          | Travel + Leisure Co                                                         | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |  19925000 | PA      | $20089739.90  | 0.68%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Navient Corp                 | Navient Corp                                                                | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  29539000 | PA      | $26643134.68  | 0.90%             | 2033-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| ROCKIES EXPRESS PIPELINE     | Rockies Express Pipeline LLC                                                | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |  24825000 | PA      | $25009623.53  | 0.84%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO              | Nissan Motor Co Ltd                                                         | CUSIP: 654744AC5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |  88053000 | PA      | $85954712.86  | 2.90%             | 2027-09-17      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE     | Walgreens Boots Alliance Inc                                                | CUSIP: 931427AT5<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |  31500000 | PA      | $27005983.20  | 0.91%             | 2050-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS           | Advance Auto Parts Inc                                                      | CUSIP: 00751YAG1<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |  17392000 | PA      | $14871355.35  | 0.50%             | 2032-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC     | Celanese US Holdings LLC                                                    | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  41800000 | PA      | $43675231.60  | 1.47%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: —       |
| NORDSTROM INC                | Nordstrom Inc                                                               | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |  24600000 | PA      | $22428257.88  | 0.76%             | 2030-04-01      | Fixed         | 4.38%                 | 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        |  49585000 | PA      | $44143651.19  | 1.49%             | 2029-04-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DPL INC                      | DPL Inc                                                                     | CUSIP: 233293AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  19855000 | PA      | $19378154.38  | 0.65%             | 2029-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| FRONTIER FLORIDA LLC         | Frontier Florida LLC                                                        | CUSIP: 362333AH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14907000 | PA      | $15560208.34  | 0.52%             | 2028-02-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                | Nordstrom Inc                                                               | CUSIP: 655664AS9<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |  17272000 | PA      | $16983417.70  | 0.57%             | 2027-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP               | Whirlpool Corp                                                              | CUSIP: 963320AZ9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |  14900000 | PA      | $13612310.71  | 0.46%             | 2032-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: —       |
| Bombardier Inc               | Bombardier Inc                                                              | CUSIP: 097751AL5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |  25288000 | PA      | $27390242.02  | 0.92%             | 2034-05-01      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| Global Marine Inc            | Global Marine Inc                                                           | CUSIP: 379352AL1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12868000 | PA      | $11953522.84  | 0.40%             | 2028-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| XPO CNW Inc                  | XPO CNW Inc                                                                 | CUSIP: 12612WAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14850000 | PA      | $15460186.50  | 0.52%             | 2034-05-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp        | Tenet Healthcare Corp                                                       | CUSIP: 88033GAV2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |  18000000 | PA      | $19192857.12  | 0.65%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DRESDNER FNDG TRUST I        | Dresdner Funding Trust I                                                    | CUSIP: 26156FAA1<br>LEI: 549300ZEO4BKB37E3J03 | Long             | DBT              | CORP              | US        |  49379000 | PA      | $54528291.01  | 1.84%             | 2031-06-30      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC     | Celanese US Holdings LLC                                                    | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  62682000 | PA      | $64287411.38  | 2.17%             | 2027-07-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                 | Entegris Inc                                                                | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |  79440000 | PA      | $77888522.50  | 2.63%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS     | Brandywine Operating Partnership LP                                         | CUSIP: 105340AQ6<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |  22350000 | PA      | $21596577.03  | 0.73%             | 2027-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TOLEDO HOSPITAL/THE          | Toledo Hospital/The                                                         | CUSIP: 889184AA5<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |  13450000 | PA      | $10945610.00  | 0.37%             | 2045-11-15      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL       | Telecom Italia Capital SA                                                   | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |  24800000 | PA      | $26049746.40  | 0.88%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp               | Whirlpool Corp                                                              | CUSIP: 963320AV8<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |  24700000 | PA      | $18455402.81  | 0.62%             | 2046-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE      | Nissan Motor Acceptance Co LLC                                              | CUSIP: 65480CAG0<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  14100000 | PA      | $14004895.50  | 0.47%             | 2027-09-13      | Fixed         | 5.30%                 | 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        |  17225000 | PA      | $14282965.00  | 0.48%             | 2031-04-06      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE     | Hudson Pacific Properties LP                                                | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |  24850000 | PA      | $21692586.34  | 0.73%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: —       |
| Transocean Inc               | Transocean Inc                                                              | CUSIP: 893830AT6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |  30250000 | PA      | $22722590.00  | 0.77%             | 2038-03-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP          | Buckeye Partners LP                                                         | CUSIP: 118230AP6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |  14850000 | PA      | $12606537.74  | 0.42%             | 2044-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| VF CORP                      | VF Corp                                                                     | CUSIP: 918204BB3<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |  24844000 | PA      | $23742079.91  | 0.80%             | 2027-04-23      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STOR            | Seagate Data Storage Technology Pte Ltd                                     | CUSIP: 81180LAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |  21550000 | PA      | $20295035.75  | 0.68%             | 2034-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC       | Standard Chartered PLC                                                      | CUSIP: 853254AB6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |  37075000 | PA      | $38339257.50  | 1.29%             | 2037-07-30      | Fixed         | 7.01%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN     | Rogers Communications Inc                                                   | CUSIP: 775109BS9<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |  37237000 | PA      | $36779607.50  | 1.24%             | 2082-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE      | Nissan Motor Acceptance Co LLC                                              | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  21142000 | PA      | $19613227.69  | 0.66%             | 2028-03-09      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TOPAZ SOLAR FARMS LLC        | Topaz Solar Farms LLC                                                       | CUSIP: 89054XAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24514554 | PA      | $24108838.13  | 0.81%             | 2039-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE      | Nissan Motor Acceptance Co LLC                                              | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  35275000 | PA      | $33870871.92  | 1.14%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE     | Hudson Pacific Properties LP                                                | CUSIP: 44409MAC0<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |  19875000 | PA      | $15901266.04  | 0.54%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Corp              | Murphy Oil Corp                                                             | CUSIP: 626717AG7<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |  16875000 | PA      | $13802346.00  | 0.47%             | 2042-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| MACY'S RETAIL HLDGS LLC      | Macy's Retail Holdings LLC                                                  | CUSIP: 55616XAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18175000 | PA      | $14745183.03  | 0.50%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE     | Hudson Pacific Properties LP                                                | CUSIP: 44409MAD8<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |  17450000 | PA      | $16732625.27  | 0.56%             | 2028-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| VF CORP                      | VF Corp                                                                     | CUSIP: 918204AR9<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |  13750000 | PA      | $12693152.31  | 0.43%             | 2033-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc              | Yum! Brands Inc                                                             | CUSIP: 988498AK7<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |  13625000 | PA      | $12844945.59  | 0.43%             | 2043-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS           | Advance Auto Parts Inc                                                      | CUSIP: 00751YAJ5<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |  14884000 | PA      | $14963867.54  | 0.50%             | 2028-03-09      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| DIVERSIFIED HEALTHCARE T     | Diversified Healthcare Trust                                                | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              |  | US        |  24875000 | PA      | $23051135.15  | 0.78%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc            | Newell Brands Inc                                                           | CUSIP: 651229AY2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |  33025000 | PA      | $28395588.53  | 0.96%             | 2046-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP          | Buckeye Partners LP                                                         | CUSIP: 118230AR2<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |  19875000 | PA      | $19400657.29  | 0.65%             | 2027-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CRANE NXT CO                 | Crane NXT Co                                                                | CUSIP: 224399AT2<br>LEI: 549300EXNPSXEWUD3N21 | Long             | DBT              | CORP              | US        |  17238000 | PA      | $10099854.52  | 0.34%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| United States Steel Corp     | United States Steel Corp                                                    | CUSIP: 912909AD0<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |  13590000 | PA      | $14280929.19  | 0.48%             | 2037-06-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc       | Spirit AeroSystems Inc                                                      | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |  34780000 | PA      | $34245946.14  | 1.15%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| H.B. FULLER CO               | HB Fuller Co                                                                | CUSIP: 359694AB2<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |  14971000 | PA      | $14705444.55  | 0.50%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Toledo Hospital/The          | Toledo Hospital/The                                                         | CUSIP: 889184AE7<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |  19710000 | PA      | $18157837.50  | 0.61%             | 2048-11-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST     | Service Properties Trust                                                    | CUSIP: 44106MBB7<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |  21125000 | PA      | $18601821.55  | 0.63%             | 2029-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| TransAlta Corp               | TransAlta Corp                                                              | CUSIP: 89346DAE7<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |  14740000 | PA      | $14309322.26  | 0.48%             | 2040-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp               | Whirlpool Corp                                                              | CUSIP: 963320AW6<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |  34775000 | PA      | $33995587.93  | 1.15%             | 2029-02-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| PERRIGO FINANCE UNLIMITD     | Perrigo Finance Unlimited Co                                                | CUSIP: 714295AA0<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |  14950000 | PA      | $11977632.03  | 0.40%             | 2044-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP          | Buckeye Partners LP                                                         | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |  19788000 | PA      | $17610051.59  | 0.59%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE      | Nissan Motor Acceptance Co LLC                                              | CUSIP: 65480CAF2<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  24675000 | PA      | $25440295.87  | 0.86%             | 2028-09-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: —       |
| PERRIGO FINANCE UNLIMITE     | Perrigo Finance Unlimited Co                                                | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |  37250000 | PA      | $36353928.90  | 1.23%             | 2030-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC     | Celanese US Holdings LLC                                                    | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  41800000 | PA      | $43314119.31  | 1.46%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                | Methanex Corp                                                               | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |  34750000 | PA      | $34449280.45  | 1.16%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Vodafone Group PLC           | Vodafone Group PLC                                                          | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |  99247000 | PA      | $103866253.12 | 3.50%             | 2079-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP               | Whirlpool Corp                                                              | CUSIP: 963320AX4<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |  24650000 | PA      | $18382020.19  | 0.62%             | 2050-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| OCEANEERING INTL INC         | Oceaneering International Inc                                               | CUSIP: 675232AB8<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |  14905000 | PA      | $15003939.39  | 0.51%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD     | Aptiv Swiss Holdings Ltd                                                    | CUSIP: 03837AAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |  24825000 | PA      | $25050708.90  | 0.84%             | 2054-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC     | Celanese US Holdings LLC                                                    | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  16725000 | PA      | $16153008.35  | 0.54%             | 2026-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| WILTON RE LTD                | Wilton RE Ltd                                                               | CUSIP: 97263CAA9<br>LEI: 5493004VQ9VSL29MT373 | Long             | DBT              | CORP              | CA        |  19840000 | PA      | $19829445.12  | 0.67%             | 2030-10-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Toledo Hospital/The          | Toledo Hospital/The                                                         | CUSIP: 889184AC1<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |  15900000 | PA      | $15929120.37  | 0.54%             | 2028-11-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST     | Service Properties Trust                                                    | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |  19875000 | PA      | $18547366.89  | 0.63%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| LUMEN TECHNOLOGIES INC       | Lumen Technologies Inc                                                      | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |  17350000 | PA      | $14877625.00  | 0.50%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: —       |
| Transocean Inc               | Transocean Inc                                                              | CUSIP: 893830AF6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |  19725000 | PA      | $17192572.34  | 0.58%             | 2031-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Nordstrom Inc                | Nordstrom Inc                                                               | CUSIP: 655664AH3<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |  14850000 | PA      | $15312299.36  | 0.52%             | 2028-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC      | Macy's Retail Holdings LLC                                                  | CUSIP: 55616XAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12400000 | PA      | $8229287.40   | 0.28%             | 2043-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP               | Whirlpool Corp                                                              | CUSIP: 963320AY2<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |  14900000 | PA      | $12484812.81  | 0.42%             | 2031-05-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE     | Walgreens Boots Alliance Inc                                                | CUSIP: 931427AS7<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |  24600000 | PA      | $23897866.80  | 0.81%             | 2030-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC     | Celanese US Holdings LLC                                                    | CUSIP: 15089QAX2<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  41800000 | PA      | $43571267.89  | 1.47%             | 2030-11-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL       | Telecom Italia Capital SA                                                   | CUSIP: 87927VAM0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |  24775000 | PA      | $24615721.53  | 0.83%             | 2034-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP               | Whirlpool Corp                                                              | CUSIP: 963320BA3<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |  14925000 | PA      | $14283150.38  | 0.48%             | 2033-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Whirlpool Corp               | Whirlpool Corp                                                              | CUSIP: 96332HCG2<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |  12346000 | PA      | $10422553.70  | 0.35%             | 2043-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: —       |

### Signature

**Date Signed:** 2025-08-28

**Name of Applicant:** VanEck ETF Trust

**Signature:** James Parker

**Name of Signer:** James Parker

**Title:** Assistant Treasurer