# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001410368-26-038299
**Filing Date:** 2026-4
**Character Count:** 178035
**Document Hash:** e24e5d6b39ff2af6c9db308bef90cec7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-038299.hdr.sgml**: 20260421

**ACCESSION NUMBER**: 0001410368-26-038299

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260421

**DATE AS OF CHANGE**: 20260421

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 26876898

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4255

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Short-Term Bond Plus Fund (Series ID: S000007427)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020381 | Class A             | SSTVX           |
| C000020382 | Institutional Class | SSHIX           |
| C000205248 | Class R6            | SSTYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring Short-Term Bond Plus Fund

- **b. EDGAR series identifier (if any):** S000007427

- **c. LEI of Series:** 54930041J6374Z48C437

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $764800257.42

**Total Liabilities:** $13795112.35

**Net Assets:** $751005145.07

**Delayed Delivery Securities:** $7955705.52

**Cash Not Reported:** $2995528.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -2088.42000000 | **1-Year:** -34745.12000000 | **5-Year:** -57053.00000000 | **10-Year:** -11822.41000000 | **30-Year:** -3489.58000000

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

- **3-Month:** -476.26000000 | **1-Year:** -7232.37000000 | **5-Year:** -10285.41000000 | **10-Year:** -1140.51000000 | **30-Year:** -71.48000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020382 | 0.46%                | 0.43%                | 0.48%                |
| Class ID C000205248 | 0.46%                | 0.43%                | 0.37%                |
| Class ID C000020381 | 0.43%                | 0.40%                | 0.45%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $158338.85               | $-290113.13                                |
| Month 2  | $480978.48               | $431541.76                                 |
| Month 3  | $401684.83               | $1033428.64                                |

**Designated Index Information**

- **Index Name:** Bloomberg 1-3 Year U.S. Government/Credit Index

- **Index Identifier:** gcrd1-3_returns

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ORACLE CORP                                      | Oracle Corp                                                                                                            | CUSIP: 68389XDW2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2003795.52   | 0.27%             | 2029-02-04      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                                                   | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2075881.86   | 0.28%             | 2031-01-24      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2025-VLT6                                                                                                     | CUSIP: 12433KAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2995000 | PA      | $2985640.63   | 0.40%             | 2042-03-15      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                              | Abbott Laboratories                                                                                                    | CUSIP: 002824BR0<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1999883.38   | 0.27%             | 2029-03-09      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TITULOS DE TESORERIA                             | Colombian TES                                                                                                          | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        | 8300000000 | PA      | $1952465.01   | 0.26%             | 2027-11-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-R1                                                                                       | CUSIP: 034651AA7<br>LEI: 2549003MM0537Y3QHI22 | Long             | ABS-MBS          | CORP              | US        |     623241 | PA      | $600959.73    | 0.08%             | 2053-04-25      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD SGD                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $-14645.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                             | FS Rialto 2026-FL11 Issuer LLC                                                                                         | CUSIP: 30343TAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1435000 | PA      | $1439935.83   | 0.19%             | 2044-01-19      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD GBP                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $39126.19     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                              | Southern California Edison Co                                                                                          | CUSIP: 842400JB0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2000000.00   | 0.27%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                                                    | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    3175000 | PA      | $3261807.33   | 0.43%             | 2030-01-23      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                                                     | CUSIP: 3618N5VS5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9316626 | PA      | $9523437.42   | 1.27%             | 2055-09-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                               | Aqua Finance Trust 2021-A                                                                                              | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     572683 | PA      | $531535.74    | 0.07%             | 2046-07-17      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                               | A&D Mortgage Trust 2026-NQM1                                                                                           | CUSIP: 00040DAC7<br>LEI: 984500FEB1BEC4C6Y473 | Long             | ABS-MBS          | CORP              | US        |     753661 | PA      | $755003.44    | 0.10%             | 2071-02-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                                                           | CUSIP: 25470DCC1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1940000.00   | 0.26%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD EUR                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $-181449.57   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| BONOS TESORERIA PESOS                            | Bonos de la Tesoreria de la Republica en pesos                                                                         | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |  380000000 | PA      | $442561.19    | 0.06%             | 2030-09-01      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| SYENSQO FINANCE AMERICA                          | Syensqo Finance America LLC                                                                                            | CUSIP: 834423AE5<br>LEI: 54930073OEL5K0Y7NK81 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3116164.53   | 0.41%             | 2029-06-04      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ROCC Trust                                       | ROCK Trust 2024-CNTR                                                                                                   | CUSIP: 74970WAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4205000 | PA      | $4375780.61   | 0.58%             | 2041-11-13      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                                                                                             | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     690000 | PA      | $931974.09    | 0.12%             | 2027-03-07      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                    | CUSIP: 91282CLG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21480000 | PA      | $21572296.98  | 2.87%             | 2027-08-15      | Fixed         | 3.75%                 | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                                                       | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2984494.89   | 0.40%             | 2028-03-24      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                                                       | CUSIP: 31392MH47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     155710 | PA      | $187327.54    | 0.02%             | 2042-02-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                  | AdaptHealth LLC                                                                                                        | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1343279.28   | 0.18%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LORCA TELECOM BONDCO                             | Lorca Telecom Bondco SA                                                                                                | CUSIP: 000000000<br>LEI: 9598004HFBAS82YM7X35 | Long             | DBT              | CORP              | ES        |      74468 | PA      | $88074.03     | 0.01%             | 2027-09-18      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| HAVN Trust                                       | HAVN Trust 2025-MOB                                                                                                    | CUSIP: 40408XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1005000 | PA      | $1003115.63   | 0.13%             | 2035-10-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                    | Lendbuzz Securitization Trust 2024-3                                                                                   | CUSIP: 52609YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1955832 | PA      | $1957258.84   | 0.26%             | 2029-10-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                  | SBA Tower Trust                                                                                                        | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              |  | US        |    2525000 | PA      | $2577424.30   | 0.34%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| MSD INVESTMENT CORP                              | MSD Investment Corp                                                                                                    | CUSIP: 55354LAA7<br>LEI: 549300K4HV7AOWFSAO65 | Long             | DBT              | CORP              | US        |    1950000 | PA      | $1949581.55   | 0.26%             | 2030-05-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TPG OPERATING GROUP II                           | TPG Operating Group II LP                                                                                              | CUSIP: 87268QAA4<br>LEI: 2549001H9RJQNZT7MU11 | Long             | DBT              | CORP              | US        |    2110000 | PA      | $2119347.30   | 0.28%             | 2031-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                         | Ford Motor Credit Co LLC                                                                                               | CUSIP: 345397F81<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    4000000 | PA      | $4023089.60   | 0.54%             | 2026-11-05      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                         | Blackstone Holdings Finance Co LLC                                                                                     | CUSIP: 09261BAJ9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    2145000 | PA      | $2207128.94   | 0.29%             | 2027-11-03      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                             | Western Union Co/The                                                                                                   | CUSIP: 959802BB4<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     900000 | PA      | $902084.23    | 0.12%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                                            | CUSIP: 38145GAR1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1640000 | PA      | $1650126.79   | 0.22%             | 2032-01-21      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| ALASKA AIRLINES 2020 TR                          | Alaska Airlines 2020-1 Class A Pass Through Trust                                                                      | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1692372 | PA      | $1706206.08   | 0.23%             | 2027-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                    | Commonbond Student Loan Trust 2018-BGS                                                                                 | CUSIP: 20268MAA4<br>LEI: 549300EJIXF1G1X7PN20 | Long             | ABS-O            | CORP              | US        |     425924 | PA      | $412460.76    | 0.05%             | 2045-09-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                          | Corebridge Global Funding                                                                                              | CUSIP: 00138CBG2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    1790000 | PA      | $1795540.09   | 0.24%             | 2028-08-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust              | New Residential Mortgage Loan Trust 2018-5                                                                             | CUSIP: 64829XAC6<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-MBS          | CORP              | US        |     945863 | PA      | $944930.40    | 0.13%             | 2057-12-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| iShares 0-5 Year High Yield Corporate Bond ETF   | iShares 0-5 Year High Yield Corporate Bond ETF                                                                         | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             | EC               | RF                | US        |      52831 | NS      | $2259053.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| American Credit Acceptance Receivables Trust     | American Credit Acceptance Receivables Trust 2024-4                                                                    | CUSIP: 024945AC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2594936 | PA      | $2597167.71   | 0.35%             | 2028-11-13      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                                                                    | CUSIP: 86562MDS6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    3000000 | PA      | $3131019.42   | 0.42%             | 2030-04-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                    | CUSIP: 91282CNP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     155000 | PA      | $155890.04    | 0.02%             | 2027-07-31      | Fixed         | 3.88%                 | No            |                  1 | On Loan: No      |
| ATHENE GLOBAL FUNDING                            | Athene Global Funding                                                                                                  | CUSIP: 04685A3G4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    1150000 | PA      | $1091945.25   | 0.15%             | 2029-01-07      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL CAP FND                            | Golub Capital Private Credit Fund                                                                                      | CUSIP: 38179RAG0<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    1840000 | PA      | $1792497.90   | 0.24%             | 2031-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC                                   | Czech Republic Government Bond                                                                                         | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |   19590000 | PA      | $1010147.51   | 0.13%             | 2030-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L                         | RenaissanceRe Holdings Ltd                                                                                             | CUSIP: 75968NAD3<br>LEI: EK6GB9U3U58PDI411C94 | Long             | DBT              | CORP              | BM        |    3175000 | PA      | $3121134.66   | 0.42%             | 2029-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-2                                                                                      | CUSIP: 92538FAA2<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |    3065757 | PA      | $2832258.09   | 0.38%             | 2066-02-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| EquipmentShare                                   | OWN Equipment Fund III LLC                                                                                             | CUSIP: 69122AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1850406 | PA      | $1875474.72   | 0.25%             | 2034-03-27      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                            | Mexico Government International Bond                                                                                   | CUSIP: 91087BBJ8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2800000 | PA      | $2778580.00   | 0.37%             | 2031-03-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                                         | CUSIP: 61747YFS9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1543416.23   | 0.21%             | 2030-07-19      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| SIRIUSPOINT LTD                                  | SiriusPoint Ltd                                                                                                        | CUSIP: 82969BAA0<br>LEI: 549300OGXFI85N3YZZ51 | Long             | DBT              | CORP              | BM        |    1806000 | PA      | $1899196.01   | 0.25%             | 2029-04-05      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                           | Equitable Holdings Inc                                                                                                 | CUSIP: 054561AN5<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |     860000 | PA      | $863159.58    | 0.11%             | 2029-02-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| BHMS Mortgage Trust                              | BHMS Commercial Mortgage Trust 2025-ATLS                                                                               | CUSIP: 088928AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     675000 | PA      | $677116.60    | 0.09%             | 2042-08-15      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                              | COMM 2014-CR14 Mortgage Trust                                                                                          | CUSIP: 12630DBB9<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |     230580 | PA      | $227686.40    | 0.03%             | 2047-02-10      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                                         | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    4265000 | PA      | $4342726.17   | 0.58%             | 2029-04-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 3140QVPC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5081105 | PA      | $5276710.55   | 0.70%             | 2054-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                              | Global Payments Inc                                                                                                    | CUSIP: 37940XAW2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    2775000 | PA      | $2771746.06   | 0.37%             | 2030-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD                         | Apollo Debt Solutions BDC                                                                                              | CUSIP: 03770DAL7<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $992004.41    | 0.13%             | 2031-01-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                             | FS Rialto 2025-FL10 Issuer LLC                                                                                         | CUSIP: 30340KAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3000000 | PA      | $2999060.70   | 0.40%             | 2042-08-19      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2021-NQM1 Trust                                                                                                    | CUSIP: 55283FAB4<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |     407985 | PA      | $386206.80    | 0.05%             | 2065-04-25      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                               | RGA Global Funding                                                                                                     | CUSIP: 76209PAE3<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3114210.96   | 0.41%             | 2029-05-24      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| STORE Master Funding LLC                         | Store Master Funding I-VII                                                                                             | CUSIP: 86212VAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     932504 | PA      | $929415.79    | 0.12%             | 2048-10-20      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| TierPoint Issuer LLC                             | TierPoint Issuer LLC                                                                                                   | CUSIP: 88651CAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2200000 | PA      | $2244254.10   | 0.30%             | 2055-04-26      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                 | Duke Energy Corp                                                                                                       | CUSIP: 000000000<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    1640000 | PA      | $1956124.43   | 0.26%             | 2028-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ATLAS WAREHOUSE LEND                             | Atlas Warehouse Lending Co LP                                                                                          | CUSIP: 049463AF9<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2000046.20   | 0.27%             | 2028-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI                         | SMBC Aviation Capital Finance DAC                                                                                      | CUSIP: 78448TAH5<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |    1005000 | PA      | $1031643.64   | 0.14%             | 2028-05-03      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Cogent IPv4 LLC                                  | Cogent Ipv4 LLC                                                                                                        | CUSIP: 19240JAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     915000 | PA      | $956616.58    | 0.13%             | 2054-05-25      | Fixed         | 7.92%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2025-VOLT                                                                                                     | CUSIP: 05619PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1655000 | PA      | $1658096.01   | 0.22%             | 2044-12-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Contimortgage Home Equity Loan Trust             | Contimortgage Home Equity Loan Trust 1996-2                                                                            | CUSIP: 21075WCW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     325146 | PA      | $3358.89      | 0.00%             | 2027-07-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| AFRICAN EXPORT-IMPORT BA                         | African Export-Import Bank/The                                                                                         | CUSIP: 00831TAB7<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | XX        |    2185000 | PA      | $2174810.30   | 0.29%             | 2026-05-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2017-4                                                                                       | CUSIP: 89173UAA5<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |     129193 | PA      | $127221.58    | 0.02%             | 2057-06-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                         | Charter Communications Operating LLC / Charter Communications Operating Capital                                        | CUSIP: 161175CQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2740000 | PA      | $2871740.21   | 0.38%             | 2029-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                                                                                             | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |    1450000 | PA      | $1007426.42   | 0.13%             | 2027-11-21      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                         | Thermo Fisher Scientific Inc                                                                                           | CUSIP: 883556DG4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    2800000 | PA      | $2822980.38   | 0.38%             | 2031-02-12      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Corp Trust 2018-LUAU                                                                            | CUSIP: 36256AAA0<br>LEI: 5493001UQE7OCP3UT106 | Long             | ABS-MBS          | CORP              | US        |    1576513 | PA      | $1564689.18   | 0.21%             | 2032-11-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                | NatWest Group PLC                                                                                                      | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    3200000 | PA      | $3250810.50   | 0.43%             | 2028-03-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Private Education Refi Loan Trust 2021-E                                                                       | CUSIP: 63942EAA6<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    1304197 | PA      | $1191158.46   | 0.16%             | 2069-12-16      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                         | Comision Federal de Electricidad                                                                                       | CUSIP: 200447AN0<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    1500000 | PA      | $1536000.00   | 0.20%             | 2030-01-24      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Imprint Payments Credit Card Master Trust        | Imprint Payments Credit Card Master Trust                                                                              | CUSIP: 45333GAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2900000 | PA      | $2908423.63   | 0.39%             | 2029-09-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD ASSET MANAGEM                         | Brookfield Asset Management Ltd                                                                                        | CUSIP: 113004AB1<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    3500000 | PA      | $3537645.13   | 0.47%             | 2030-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer                           | Service Experts Issuer 2025-1 LLC                                                                                      | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1589248 | PA      | $1607242.00   | 0.21%             | 2037-01-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                    | CUSIP: 91282CNV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   31288000 | PA      | $31369886.64  | 4.18%             | 2027-08-31      | Fixed         | 3.63%                 | No            |                  1 | On Loan: No      |
| PROTECTIVE LIFE CORP                             | Protective Life Corp                                                                                                   | CUSIP: 743674BF9<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |    1130000 | PA      | $1140969.10   | 0.15%             | 2031-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W6                                                                                               | CUSIP: 31393BX59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      21795 | PA      | $23740.67     | 0.00%             | 2042-10-25      | Variable      | 8.08%                 | No            |                  2 | On Loan: No      |
| JACOBS SOLUTIONS INC                             | Jacobs Solutions Inc                                                                                                   | CUSIP: 46982LAA6<br>LEI: 254900E3KHXCC2C8K272 | Long             | DBT              | CORP              | US        |    1870000 | PA      | $1872845.78   | 0.25%             | 2031-03-03      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                         | Lloyds Banking Group PLC                                                                                               | CUSIP: 53944YBG7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    2200000 | PA      | $2210182.08   | 0.29%             | 2030-02-10      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                  | Israel Government International Bond                                                                                   | CUSIP: 46515CJY1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1800000 | PA      | $1803314.39   | 0.24%             | 2031-01-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer                           | Service Experts Issuer 2021-1 LLC                                                                                      | CUSIP: 81758VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     537029 | PA      | $530277.82    | 0.07%             | 2032-02-02      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| firstkey homes 2020-sfr1 trust                   | FirstKey Homes 2021-SFR2 Trust                                                                                         | CUSIP: 33767TAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2235000 | PA      | $2199534.57   | 0.29%             | 2038-09-17      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2021-NQM3                                                                                 | CUSIP: 452762AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1916172 | PA      | $1682974.41   | 0.22%             | 2056-11-25      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                | Chile Government International Bond                                                                                    | CUSIP: 168863EF1<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1025000 | PA      | $1026742.50   | 0.14%             | 2031-04-13      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Achieve Mortgage                                 | FREED Mortgage Trust 2022-HE1                                                                                          | CUSIP: 35634KAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     870747 | PA      | $896194.88    | 0.12%             | 2037-10-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                         | Vistra Operations Co LLC                                                                                               | CUSIP: 92840VAX0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    1225000 | PA      | $1226262.98   | 0.16%             | 2028-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                                                      | CUSIP: 31397UFA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1745 | PA      | $1740.25      | 0.00%             | 2026-06-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Truist Bank Auto Credit-Linked Notes             | Truist Bank Auto Credit-Linked Notes Series 2025-1                                                                     | CUSIP: 897926CB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2411345 | PA      | $2424867.49   | 0.32%             | 2033-09-26      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2020-NQM1 Trust                                                                                                    | CUSIP: 552754AB9<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |     171705 | PA      | $168068.72    | 0.02%             | 2049-08-25      | Variable      | 2.79%                 | No            |                  2 | On Loan: No      |
| BANQUE OUEST AFRICAINE D                         | Banque Ouest Africaine de Developpement                                                                                | CUSIP: 06675QAB9<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | XX        |    3000000 | PA      | $2994926.79   | 0.40%             | 2027-07-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                       | Affirm Asset Securitization Trust 2024-B                                                                               | CUSIP: 00835AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3500000 | PA      | $3509158.45   | 0.47%             | 2029-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust      | MF1 2022-FL8 Ltd                                                                                                       | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     381399 | PA      | $381273.45    | 0.05%             | 2037-02-19      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| The BAHA Trust                                   | BAHA Trust 2024-MAR                                                                                                    | CUSIP: 05493XAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3500000 | PA      | $3681570.90   | 0.49%             | 2041-12-10      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Bojangles Issuer, LLC                            | Bojangles Issuer LLC                                                                                                   | CUSIP: 09748RAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2189000 | PA      | $2219573.33   | 0.30%             | 2054-11-20      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                          | BDS 2025-FL14 LLC                                                                                                      | CUSIP: 072921AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     450000 | PA      | $450491.22    | 0.06%             | 2042-10-17      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T12                                                                                      | CUSIP: 31392D7H9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     238418 | PA      | $254391.31    | 0.03%             | 2042-05-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 3140JBE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     144187 | PA      | $149273.91    | 0.02%             | 2044-07-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                         | Ajax Mortgage Loan Trust 2021-E                                                                                        | CUSIP: 009740AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2298354 | PA      | $2057918.38   | 0.27%             | 2060-12-25      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 5YR NOTE (CBT) JUN26                                                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -1044 | NC      | $-393190.24   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                          | Hyundai Capital America                                                                                                | CUSIP: 44891ACG0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    1080000 | PA      | $1085426.63   | 0.14%             | 2026-06-26      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                    | Aircastle Ltd                                                                                                          | CUSIP: 00928QAX9<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    2650000 | PA      | $2785076.62   | 0.37%             | 2028-07-18      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) JUN26                                                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       1315 | NC      | $275279.47    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                                                       | CUSIP: 31394PPV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     364448 | PA      | $313249.68    | 0.04%             | 2043-10-25      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                               | A&D Mortgage Trust 2024-NQM5                                                                                           | CUSIP: 00039KAC4<br>LEI: 9845006Z1DC68561N347 | Long             | ABS-MBS          | CORP              | US        |    2044108 | PA      | $2061522.05   | 0.27%             | 2069-11-25      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                         | Brandywine Operating Partnership LP                                                                                    | CUSIP: 105340AR4<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |    1140000 | PA      | $1203040.86   | 0.16%             | 2028-03-15      | Fixed         | 8.30%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND                          | Guardian Life Global Funding                                                                                           | CUSIP: 40139LBG7<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |    2815000 | PA      | $2892024.68   | 0.39%             | 2027-10-28      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                         | Republic of South Africa Government Bond                                                                               | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   14750000 | PA      | $952874.55    | 0.13%             | 2030-01-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2020-2                                                                                        | CUSIP: 46591TAP9<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     749301 | PA      | $696443.50    | 0.09%             | 2050-07-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                       | Mattel Inc                                                                                                             | CUSIP: 577081BD3<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    2485000 | PA      | $2485566.28   | 0.33%             | 2027-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 31418FDM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4255302 | PA      | $4321919.75   | 0.58%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP                         | New South Wales Treasury Corp                                                                                          | CUSIP: 000000000<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |     715000 | PA      | $487626.86    | 0.06%             | 2029-04-20      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC              | PURCHASED USD / SOLD SEK                                                                                               | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |          1 | NC      | $-13948.81    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DataBank Issuer LLC                              | DataBank Issuer                                                                                                        | CUSIP: 23802WAN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2760000 | PA      | $2766637.80   | 0.37%             | 2054-01-26      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                         | Saudi Government International Bond                                                                                    | CUSIP: 80413TBP3<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2450000 | PA      | $2459797.89   | 0.33%             | 2029-01-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                                            | CUSIP: 68389XDX0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1995903.34   | 0.27%             | 2031-02-04      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                   | Carvana Auto Receivables Trust 2023-P1                                                                                 | CUSIP: 14688EAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      25395 | PA      | $25414.06     | 0.00%             | 2027-12-10      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                                                             | CUSIP: 91159HJV3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1655199.76   | 0.22%             | 2031-05-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 31418FKP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12551325 | PA      | $12875659.92  | 1.71%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust                  | Prestige Auto Receivables Trust 2024-2                                                                                 | CUSIP: 74113SAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1745000 | PA      | $1744152.28   | 0.23%             | 2029-02-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| RECKITT BENCKISER TSY                            | Reckitt Benckiser Treasury Services PLC                                                                                | CUSIP: 75625QAE9<br>LEI: 213800LAXWIUOOBZ3908 | Long             | DBT              | CORP              | GB        |    3430000 | PA      | $3396175.09   | 0.45%             | 2027-06-26      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2021-AFC1 Trust                                                                                                   | CUSIP: 12657LAB0<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |     924645 | PA      | $801407.42    | 0.11%             | 2056-03-25      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                       | Singapore Government Bonds                                                                                             | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |    1135000 | PA      | $949365.72    | 0.13%             | 2030-09-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT                                                                                   | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |    1585000 | PA      | $1886599.67   | 0.25%             | 2031-02-25      | Fixed         | 2.70%                 | Yes           |                  2 | On Loan: No      |
| SWEDBANK AB                                      | Swedbank AB                                                                                                            | CUSIP: 87019DAA5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |    3550000 | PA      | $3677701.84   | 0.49%             | 2030-05-21      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                           | UnitedHealth Group Inc                                                                                                 | CUSIP: 91324PFP2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     415000 | PA      | $424188.34    | 0.06%             | 2031-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                               | Subway Funding LLC                                                                                                     | CUSIP: 864300AG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1224500 | PA      | $1221416.10   | 0.16%             | 2054-07-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                            | Athene Global Funding                                                                                                  | CUSIP: 000000000<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1397727.96   | 0.19%             | 2026-09-10      | Fixed         | 0.37%                 | Yes           |                  2 | On Loan: No      |
| CITADEL FINANCE LLC                              | Citadel Finance LLC                                                                                                    | CUSIP: 17287HAE0<br>LEI: 549300BQL283NCR7P163 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1492927.43   | 0.20%             | 2029-02-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Student Loan Trust 2013-1                                                                                          | CUSIP: 78447MAC2<br>LEI: 5493000NQN5E3MSIIG77 | Long             | ABS-O            | CORP              | US        |     410944 | PA      | $408378.44    | 0.05%             | 2055-05-26      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 31418FLQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1515223 | PA      | $1523259.03   | 0.20%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMBER FINCO PLC                                  | Amber Finco PLC                                                                                                        | CUSIP: 000000000<br>LEI: 9845004C0870D380O790 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $493338.89    | 0.07%             | 2029-07-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                            | Foundry JV Holdco LLC                                                                                                  | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3130585.41   | 0.42%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CAJUN GLOBAL LLC                                 | Cajun Global LLC                                                                                                       | CUSIP: 12803VAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     962588 | PA      | $978732.88    | 0.13%             | 2055-11-20      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                                                     | CUSIP: 36179YYW8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7337472 | PA      | $7438032.39   | 0.99%             | 2054-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                                                                  | CUSIP: 126342FX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      15684 | PA      | $13699.20     | 0.00%             | 2032-08-25      | Variable      | 7.69%                 | No            |                  2 | On Loan: No      |
| CORP FINANCIERA DE DESAR                         | Corp Financiera de Desarrollo SA                                                                                       | CUSIP: 21987DAH7<br>LEI: 254900BOM7T4MG6T0J30 | Long             | DBT              | NUSS              | PE        |    1000000 | PA      | $1035845.00   | 0.14%             | 2030-05-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                       | Mattel Inc                                                                                                             | CUSIP: 577081BG6<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     505000 | PA      | $512753.46    | 0.07%             | 2030-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Camber Credit Auto Trust                         | Camber Credit 2026-1 Auto Trust                                                                                        | CUSIP: 13189HAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2020000 | PA      | $2020000.00   | 0.27%             | 2031-12-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Jonah Energy LLC                                 | Jonah Energy Abs I LLC                                                                                                 | CUSIP: 47987EAC1<br>LEI: 2549003KXV9PPFRCPA79 | Long             | ABS-O            | CORP              | US        |    1279106 | PA      | $1304437.61   | 0.17%             | 2037-12-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust          | Saluda Grade Alternative Mortgage Trust 2024-CES1                                                                      | CUSIP: 79581VAA0<br>LEI: 213800ETGZN4SIG56R83 | Long             | ABS-MBS          | CORP              | US        |    1628301 | PA      | $1663170.05   | 0.22%             | 2054-03-25      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                      | Chemours Co/The                                                                                                        | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1408139.60   | 0.19%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                                         | CUSIP: 61748UAE2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1795000 | PA      | $1858871.16   | 0.25%             | 2031-01-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD CZK                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $-15803.59    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2006-W1                                                                                               | CUSIP: 31395B5P4<br>LEI: 5493001NEANKKEPIN618 | Long             | ABS-MBS          | USGSE             | US        |     539657 | PA      | $534706.71    | 0.07%             | 2046-02-25      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                               | A&D Mortgage Trust 2024-NQM3                                                                                           | CUSIP: 00039HAA5<br>LEI: 9845009E581BS7E85066 | Long             | ABS-MBS          | CORP              | US        |    2241036 | PA      | $2272094.87   | 0.30%             | 2069-07-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                             | Las Vegas Sands Corp                                                                                                   | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1536763.10   | 0.20%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                                  | AREIT 2025-CRE11                                                                                                       | CUSIP: 04002DAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2270000 | PA      | $2274044.23   | 0.30%             | 2043-07-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                                                   | CUSIP: 06051GJQ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2370000 | PA      | $2368666.09   | 0.32%             | 2027-03-11      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage Trust               | Starwood 2025-SIF5 LLC                                                                                                 | CUSIP: 85573WAA5<br>LEI: 2549003WQA28FWJYLM96 | Long             | ABS-CBDO         | CORP              | US        |    2625000 | PA      | $2631607.13   | 0.35%             | 2037-04-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Sothebys ArtFi Master Trust                      | Sotheby's Artfi Master Trust                                                                                           | CUSIP: 83589DAC0<br>LEI: 9845002FA850DM72BA31 | Long             | ABS-O            | CORP              | US        |     345000 | PA      | $346461.97    | 0.05%             | 2033-06-20      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Blue Owl Asset Leasing Trust                     | Blue Owl Asset Leasing Trust 2024-1 LLC                                                                                | CUSIP: 095921AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1439323 | PA      | $1444716.67   | 0.19%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                   | ALLSPRING GOVERNMENT MONEY MAR                                                                                         | CUSIP: 000000000<br>LEI: 549300GFSYYLVYEWA041 | Long             | STIV             | RF                | US        |   14062989 | NS      | $14062989.00  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W6                                                                                               | CUSIP: 31393BW76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     127329 | PA      | $128450.83    | 0.02%             | 2042-08-25      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                                                     | CUSIP: 3618N5XQ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   16757416 | PA      | $16994777.20  | 2.26%             | 2055-10-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SHR Trust                                        | SHR Trust 2024-LXRY                                                                                                    | CUSIP: 784234AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3370000 | PA      | $3374212.50   | 0.45%             | 2041-10-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                 | NTT Finance Corp                                                                                                       | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    3880000 | PA      | $3915197.15   | 0.52%             | 2027-07-16      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                                                    | CUSIP: 46647PDW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3041084.70   | 0.40%             | 2027-10-22      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| Hudsons Bay Simon JV Trust                       | Hudsons Bay Simon JV Trust 2015-HBS                                                                                    | CUSIP: 44422PBN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2215000 | PA      | $2212626.63   | 0.29%             | 2034-08-05      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                          | Royal Caribbean Cruises Ltd                                                                                            | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    2000000 | PA      | $1999579.22   | 0.27%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FRONTIER CALIFORNIA INC                          | Frontier California Inc                                                                                                | CUSIP: 362311AG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1975000 | PA      | $2024375.00   | 0.27%             | 2027-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                   | Pagaya Ai Debt Grantor Trust 2025-6                                                                                    | CUSIP: 69549BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     979910 | PA      | $978891.86    | 0.13%             | 2033-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                | Credit Acceptance Auto Loan Trust 2023-2                                                                               | CUSIP: 22537EAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      25122 | PA      | $25141.98     | 0.00%             | 2033-05-16      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                   | AutoNation Inc                                                                                                         | CUSIP: 05329WAU6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1800000 | PA      | $1813490.51   | 0.24%             | 2029-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                    | PURCHASED USD / SOLD MXN                                                                                               | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |          1 | NC      | $1537.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GCAT                                             | GCAT 2021-NQM1 Trust                                                                                                   | CUSIP: 36167TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     729562 | PA      | $660562.52    | 0.09%             | 2066-01-25      | Variable      | 0.87%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans Inc | INDIANA ST SECONDARY MARKET FOR EDU LOANS INC                                                                          | CUSIP: 45505HAT4<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |     397003 | PA      | $397177.61    | 0.05%             | 2044-02-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                               | Credit Agricole SA                                                                                                     | CUSIP: 22535WAR8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    3000000 | PA      | $3101995.02   | 0.41%             | 2031-05-27      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                    | PURCHASED BRL / SOLD USD                                                                                               | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | BR        |          1 | NC      | $67323.38     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                         | Avolon Holdings Funding Ltd                                                                                            | CUSIP: 05401AAV3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $1045023.10   | 0.14%             | 2029-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-8                                                                                      | CUSIP: 92538GAB8<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |    1407102 | PA      | $1287995.32   | 0.17%             | 2066-11-25      | Variable      | 2.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 31385H5V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      10166 | PA      | $10385.26     | 0.00%             | 2031-11-01      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust      | MF1 2021-FL7 Ltd                                                                                                       | CUSIP: 55284AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      44453 | PA      | $44426.25     | 0.01%             | 2036-10-16      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR NOTE (CBT)JUN26                                                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -107 | NC      | $-58701.80    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust    | BHG Securitization Trust 2021-A                                                                                        | CUSIP: 08861YAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     139546 | PA      | $138789.98    | 0.02%             | 2033-11-17      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                      | FIGRE Trust 2025-HE1                                                                                                   | CUSIP: 30191LAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1479741 | PA      | $1501824.58   | 0.20%             | 2055-01-25      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-R3                                                                                     | CUSIP: 92538EAA5<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |     440683 | PA      | $423506.74    | 0.06%             | 2064-04-25      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 31414SCF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      12886 | PA      | $12865.71     | 0.00%             | 2034-08-01      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD EUR                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $-18346.85    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                         | Capital One Financial Corp                                                                                             | CUSIP: 14040HDP7<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    4400000 | PA      | $4430229.85   | 0.59%             | 2032-01-30      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Achieve Mortgage                                 | ACHM Trust 2023-HE2                                                                                                    | CUSIP: 00111NAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     663596 | PA      | $699148.44    | 0.09%             | 2038-10-25      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                           | Canadian Imperial Bank of Commerce                                                                                     | CUSIP: 13607QWB4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    1520000 | PA      | $1530212.30   | 0.20%             | 2030-01-29      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Eurex Deutschland                                | EURO-SCHATZ FUT MAR26                                                                                                  | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        -97 | NC      | $-16779.67    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| AROUNDTOWN SA                                    | Aroundtown SA                                                                                                          | CUSIP: 000000000<br>LEI: 529900H4DWG3KWMBMQ39 | Long             | DBT              | CORP              | LU        |     700000 | PA      | $814295.91    | 0.11%             | 2031-01-02      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-4                                                                                        | CUSIP: 03464LAA4<br>LEI: 2549003MM0537Y3QHI22 | Long             | ABS-MBS          | CORP              | US        |     139822 | PA      | $135884.41    | 0.02%             | 2065-06-25      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| Golden National MTGE Asset Backed Certificates   | Merrill Lynch Mor Inv Golden National Mor Ln As Bk Cer 1998-gn1                                                        | CUSIP: 589929PL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      34322 | PA      | $34135.69     | 0.00%             | 2027-02-25      | Fixed         | 8.02%                 | No            |                  2 | On Loan: No      |
| Lendmark Funding Trust                           | Lendmark Funding Trust 2024-2                                                                                          | CUSIP: 52590AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3000000 | PA      | $3012194.40   | 0.40%             | 2034-02-21      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities Trust              | Brean Asset Backed Securities Trust 2021-RM2                                                                           | CUSIP: 10638MAA8<br>LEI: 98450003CE714EY3D313 | Long             | ABS-MBS          | CORP              | US        |    1429411 | PA      | $1406036.43   | 0.19%             | 2061-10-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| Eurex Deutschland                                | EURO-BOBL FUTURE MAR26                                                                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        -12 | NC      | $-15191.60    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ESSENDI SA                                       | Essendi SA                                                                                                             | CUSIP: 000000000<br>LEI: 2221000MD2YP7WLTNC52 | Long             | DBT              | CORP              | LU        |    1000000 | PA      | $1236169.80   | 0.16%             | 2029-10-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| FS Trust                                         | FS Trust 2026-HULA                                                                                                     | CUSIP: 30345AAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1165000 | PA      | $1165549.06   | 0.16%             | 2041-03-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC              | PURCHASED USD / SOLD EUR                                                                                               | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |          1 | NC      | $-10099.32    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                                                   | CUSIP: 06051GMK2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3053598.18   | 0.41%             | 2029-01-24      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                       | PacifiCorp                                                                                                             | CUSIP: 695114DH8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    1300000 | PA      | $1308801.48   | 0.17%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                          | Teva Pharmaceutical Finance Netherlands III BV                                                                         | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    2000000 | PA      | $1985328.20   | 0.26%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| GILDAN ACTIVEWEAR INC                            | Gildan Activewear Inc                                                                                                  | CUSIP: 375916AF0<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |    1085000 | PA      | $1091955.89   | 0.15%             | 2030-10-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Residential Mortgage Loan Trust                  | Residential Mortgage Loan Trust 2021-1R                                                                                | CUSIP: 76090NAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      80816 | PA      | $78673.49     | 0.01%             | 2065-01-25      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                     | Entegris Inc                                                                                                           | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3002493.00   | 0.40%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                                                                     | CUSIP: 606822DK7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1500000 | PA      | $1556195.66   | 0.21%             | 2031-04-24      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL                         | Equitable America Global Funding                                                                                       | CUSIP: 29446Q2B8<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |    2235000 | PA      | $2283439.58   | 0.30%             | 2030-06-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                         | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC                                        | CUSIP: 85208NAE0<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | US        |    1638900 | PA      | $1650251.96   | 0.22%             | 2028-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                                                       | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    3820000 | PA      | $3894549.59   | 0.52%             | 2029-04-23      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                                                           | CUSIP: 225401AP3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1785000 | PA      | $1779905.43   | 0.24%             | 2031-04-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| TUI AG                                           | TUI AG                                                                                                                 | CUSIP: 000000000<br>LEI: 529900SL2WSPV293B552 | Long             | DBT              | CORP              | DE        |     500000 | PA      | $609071.27    | 0.08%             | 2029-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED EUR / SOLD USD                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | XX        |          1 | NC      | $12519.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                                                              | CUSIP: 31347AFY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      46264 | PA      | $47643.36     | 0.01%             | 2038-04-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                   | Pagaya AI Debt Grantor Trust 2026-1                                                                                    | CUSIP: 694969AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1890000 | PA      | $1891576.64   | 0.25%             | 2033-09-15      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                                                             | CUSIP: 21H050631<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1515000 | PA      | $1520140.08   | 0.20%             | 2056-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2025-DELC                                                                                                     | CUSIP: 05594MAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1890000 | PA      | $1896238.13   | 0.25%             | 2042-12-15      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                    | Carnival Corp                                                                                                          | CUSIP: 143658BW1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    1365000 | PA      | $1428538.02   | 0.19%             | 2029-08-15      | Fixed         | 7.00%                 | 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        |    1300000 | PA      | $1268492.16   | 0.17%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                    | CUSIP: 91282CGH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15000000 | PA      | $15028710.90  | 2.00%             | 2028-01-31      | Fixed         | 3.50%                 | No            |                  1 | On Loan: No      |
| FS Trust                                         | FS 2026-ORL                                                                                                            | CUSIP: 30343YAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     650000 | PA      | $650000.00    | 0.09%             | 2041-02-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                              | Global Payments Inc                                                                                                    | CUSIP: 891906AC3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    3695000 | PA      | $3696407.61   | 0.49%             | 2026-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD CLP                                                                                               | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |          1 | NC      | $9276.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                             | FS Rialto 2021-FL3                                                                                                     | CUSIP: 30323CAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2000000 | PA      | $2008427.14   | 0.27%             | 2036-11-16      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| UL SOLUTIONS INC                                 | UL Solutions Inc                                                                                                       | CUSIP: 903731AC1<br>LEI: 549300F7CUV5ESKV9P71 | Long             | DBT              | CORP              | US        |    1275000 | PA      | $1350195.66   | 0.18%             | 2028-10-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                                                       | CUSIP: 22822VBF7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    3000000 | PA      | $3058988.16   | 0.41%             | 2029-09-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                                       | MasTec Inc                                                                                                             | CUSIP: 576323AP4<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |    3620000 | PA      | $3618475.26   | 0.48%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HEIDELBERG MATERIALS FIN                         | Heidelberg Materials Finance Luxembourg SA                                                                             | CUSIP: 000000000<br>LEI: 529900RYHTCF5X9DD509 | Long             | DBT              | CORP              | LU        |    1600000 | PA      | $1901336.37   | 0.25%             | 2030-07-10      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| EMERA US FINANCE LP                              | Emera US Finance LP                                                                                                    | CUSIP: 29103DAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1485000 | PA      | $1481991.09   | 0.20%             | 2026-06-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                                                           | CUSIP: 11135FCZ2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1875000 | PA      | $1891634.81   | 0.25%             | 2031-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                                                                                             | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |    1035000 | PA      | $1430622.70   | 0.19%             | 2030-03-07      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| EUTELSAT SA                                      | Eutelsat SA                                                                                                            | CUSIP: 000000000<br>LEI: 549300MCOOY1V7P2PG30 | Long             | DBT              | CORP              | FR        |     400000 | PA      | $457371.32    | 0.06%             | 2028-10-13      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust              | Starwood Mortgage Residential Trust 2020-1                                                                             | CUSIP: 85573AAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     906818 | PA      | $875984.14    | 0.12%             | 2050-02-25      | Variable      | 2.56%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                                                                  | CUSIP: 22540AGU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       1239 | PA      | $1233.64      | 0.00%             | 2037-12-28      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                      | Vistra Operations Co LLC                                                                                               | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    2840000 | PA      | $2835904.72   | 0.38%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                         | Flex Ltd                                                                                                               | CUSIP: 33938XAA3<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    1790000 | PA      | $1823600.23   | 0.24%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust              | New Residential Mortgage Loan Trust 2019-6                                                                             | CUSIP: 64828GAD2<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-MBS          | CORP              | US        |     665321 | PA      | $643248.97    | 0.09%             | 2059-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| MSD INVESTMENT CORP                              | MSD Investment Corp                                                                                                    | CUSIP: 55354LAC3<br>LEI: 549300K4HV7AOWFSAO65 | Long             | DBT              | CORP              | US        |    1700000 | PA      | $1679523.43   | 0.22%             | 2031-02-05      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                             | Las Vegas Sands Corp                                                                                                   | CUSIP: 517834AK3<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    2200000 | PA      | $2302185.12   | 0.31%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                | Ares Capital Corp                                                                                                      | CUSIP: 04010LBL6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $975921.99    | 0.13%             | 2031-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                 | OneMain Financial Issuance Trust 2023-2                                                                                | CUSIP: 68269HAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     200000 | PA      | $201511.42    | 0.03%             | 2036-09-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Vital Care Issuer LLC                            | Vital Care Issuer LLC                                                                                                  | CUSIP: 92861WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     455000 | PA      | $463409.26    | 0.06%             | 2056-01-30      | Fixed         | 6.74%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                         | Brazil Notas do Tesouro Nacional Serie F                                                                               | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   11000000 | PA      | $1954845.80   | 0.26%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | CFMT 2021-AL1 LLC                                                                                                      | CUSIP: 12529UAF7<br>LEI: 984500D67D63D8645054 | Long             | ABS-O            | CORP              | US        |     115074 | PA      | $114827.83    | 0.02%             | 2031-09-22      | Fixed         | 1.39%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                                                                  | CUSIP: 01F050635<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3505000 | PA      | $3520721.47   | 0.47%             | 2056-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                                         | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2035000 | PA      | $2077189.78   | 0.28%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured Securities Trust   | Finance Of America Structured Securities Trust Series 2024-S2                                                          | CUSIP: 31739VAA2<br>LEI: 2549004CLYOCOW3IBQ95 | Long             | ABS-O            | CORP              | US        |    2293370 | PA      | $2256586.38   | 0.30%             | 2074-04-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                          | NYMT Loan Trust 2022-CP1                                                                                               | CUSIP: 62955VAA4<br>LEI: 2549009GL7U73W4FX613 | Long             | ABS-MBS          | CORP              | US        |    1509384 | PA      | $1433646.78   | 0.19%             | 2061-07-25      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| GSMPS Mortgage Loan Trust                        | GSMPS Mortgage Loan Trust                                                                                              | CUSIP: 36228FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      81128 | PA      | $79794.30     | 0.01%             | 2027-09-19      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                   | Morgan Stanley Capital I Trust 2014-150E                                                                               | CUSIP: 61764BAA1<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    2530000 | PA      | $2385896.77   | 0.32%             | 2032-09-09      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| SOFTBANK CORP                                    | SoftBank Corp                                                                                                          | CUSIP: 83405KAA0<br>LEI: 353800M1YCTS9JRBJ535 | Long             | DBT              | CORP              | JP        |    2000000 | PA      | $2028901.06   | 0.27%             | 2030-07-09      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                   | SWCH Commercial Mortgage Trust 2025-DATA                                                                               | CUSIP: 78489CAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2100000 | PA      | $2089497.27   | 0.28%             | 2042-02-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                         | Octane Receivables Trust 2023-1                                                                                        | CUSIP: 67571BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     433520 | PA      | $434859.95    | 0.06%             | 2029-07-20      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| firstkey homes 2020-sfr1 trust                   | FirstKey Homes 2021-SFR1 Trust                                                                                         | CUSIP: 33767WAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1835000 | PA      | $1811185.37   | 0.24%             | 2038-08-17      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER TRUST I                           | American Tower Trust #1                                                                                                | CUSIP: 03027WAM4<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              |  | US        |     990000 | PA      | $1009256.69   | 0.13%             | 2028-03-15      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| Lyra MUSIC Assets (Delaware) LP                  | Lyra Music Assets Delaware LP                                                                                          | CUSIP: 552339AA1<br>LEI: 9845007N9EAB0C048A12 | Long             | ABS-O            | CORP              | US        |    3468135 | PA      | $3517456.87   | 0.47%             | 2064-12-22      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                                                     | CUSIP: 36179Y5L4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4835193 | PA      | $4903674.59   | 0.65%             | 2054-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2019-4                                                                                       | CUSIP: 89178BAA2<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |     596470 | PA      | $579230.75    | 0.08%             | 2059-10-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                               | Advance Auto Parts Inc                                                                                                 | CUSIP: 00751YAJ5<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1542079.50   | 0.21%             | 2028-03-09      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured Securities Trust   | Finance Of America Structured Securities Trust Series 2025-S1                                                          | CUSIP: 31741BAB0<br>LEI: 254900W0S6GNEJ457023 | Long             | ABS-MBS          | CORP              | US        |    2364201 | PA      | $2307313.77   | 0.31%             | 2075-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                                                                                             | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |    1485000 | PA      | $1013672.33   | 0.13%             | 2028-05-21      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Student Loan Trust 2003-10                                                                                         | CUSIP: 78442GJH0<br>LEI: 5493000NQN5E3MSIIG77 | Long             | ABS-O            | CORP              | US        |    1169996 | PA      | $1165291.18   | 0.16%             | 2068-12-17      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                                                      | CUSIP: 31394FN92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      31492 | PA      | $32535.59     | 0.00%             | 2035-10-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU                         | Ares Strategic Income Fund                                                                                             | CUSIP: 04020EAG2<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |     985000 | PA      | $992742.74    | 0.13%             | 2028-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                             | Kyndryl Holdings Inc                                                                                                   | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    3465000 | PA      | $3411511.52   | 0.45%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                     | DNB Bank ASA                                                                                                           | CUSIP: 23341CAE3<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    3000000 | PA      | $3081897.54   | 0.41%             | 2030-11-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                               | A&D Mortgage Trust 2025-NQM3                                                                                           | CUSIP: 00250FAC7<br>LEI: 984500D4480E0AE81M71 | Long             | ABS-MBS          | CORP              | US        |    2828047 | PA      | $2848522.18   | 0.38%             | 2070-08-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust            | Mission Lane Credit Card Master Trust                                                                                  | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3720000 | PA      | $3737737.33   | 0.50%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                                                           | CUSIP: 902613AH1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    2000000 | PA      | $1977609.80   | 0.26%             | 2027-08-10      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| CADILLAC FAIRVIEW PRP TR                         | Ontario Teachers' Cadillac Fairview Properties Trust                                                                   | CUSIP: 68327LAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    2687000 | PA      | $2685391.43   | 0.36%             | 2027-03-20      | Fixed         | 3.88%                 | 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        |    1000000 | PA      | $983553.70    | 0.13%             | 2029-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                                                              | CUSIP: 31295NJR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       8182 | PA      | $8353.33      | 0.00%             | 2032-04-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                                                     | CUSIP: 36179Y5M2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4569909 | PA      | $4671182.29   | 0.62%             | 2054-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD BRL                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $-265196.40   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| ClickLease Equipment Receivables 2024-1 Trust    | ClickLease Equipment Receivables 2024-1 Trust                                                                          | CUSIP: 18682FAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1357250 | PA      | $1373222.59   | 0.18%             | 2030-02-15      | Fixed         | 8.40%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                   | Hyundai Auto Receivables Trust 2024-A                                                                                  | CUSIP: 448973AF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2500000 | PA      | $2567345.50   | 0.34%             | 2031-01-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| COTY/HFC PRESTIGE/INT US                         | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC                                                   | CUSIP: 22207AAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1195000 | PA      | $1198791.74   | 0.16%             | 2031-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| MARKET BIDCO FINCO PLC                           | Market Bidco Finco PLC                                                                                                 | CUSIP: 000000000<br>LEI: 549300UGYX6EBVHRVG53 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $269607.86    | 0.04%             | 2027-11-04      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                                            | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    2810000 | PA      | $2755917.81   | 0.37%             | 2030-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                         | Northwestern Mutual Global Funding                                                                                     | CUSIP: 66815L2M0<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3062992.89   | 0.41%             | 2028-06-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Cogent IPv4 LLC                                  | Cogent Ipv4 LLC                                                                                                        | CUSIP: 19240JAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1535000 | PA      | $1594593.15   | 0.21%             | 2055-04-25      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                                                      | CUSIP: 24703DBS9<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    2315000 | PA      | $2326240.34   | 0.31%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 31387Y5U3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      58372 | PA      | $60523.63     | 0.01%             | 2031-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                                                                                                 | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |     795000 | PA      | $945013.97    | 0.13%             | 2028-05-31      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD EUR                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $14359.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                          | Corebridge Global Funding                                                                                              | CUSIP: 00138CBM9<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    1085000 | PA      | $1088373.66   | 0.14%             | 2031-01-09      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T1                                                                                       | CUSIP: 31392A7D4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       7951 | PA      | $8820.33      | 0.00%             | 2031-11-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Sweden Government Bonds                          | Sweden Government Bonds                                                                                                | CUSIP: 000000000<br>LEI: ERE94C0BSULG2RM19605 | Long             | DBT              | NUSS              | SE        |    9800000 | PA      | $977368.60    | 0.13%             | 2031-05-12      | Fixed         | 0.13%                 | Yes           |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                               | RGA Global Funding                                                                                                     | CUSIP: 76209PAD5<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    1105000 | PA      | $1155862.35   | 0.15%             | 2031-01-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TTX CO                                           | TTX Co                                                                                                                 | CUSIP: 87305QCQ2<br>LEI: 549300I8CNSYS1OGX775 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3022157.49   | 0.40%             | 2026-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                  | Israel Government International Bond                                                                                   | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1910000 | PA      | $1976337.20   | 0.26%             | 2030-02-19      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC                                   | Weir Group Inc                                                                                                         | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |    1300000 | PA      | $1345926.62   | 0.18%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                           | Alliant Energy Finance LLC                                                                                             | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    2665000 | PA      | $2699575.90   | 0.36%             | 2027-06-06      | Fixed         | 5.40%                 | 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        |    2680955 | PA      | $2650896.54   | 0.35%             | 2027-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                                            | CUSIP: 38141GWZ3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    3725000 | PA      | $3736016.35   | 0.50%             | 2029-05-01      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                         | Vistra Operations Co LLC                                                                                               | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     355000 | PA      | $353359.90    | 0.05%             | 2027-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| MNR ABS ISSUER I LLC                             | MNR ABS ISSUER I LLC                                                                                                   | CUSIP: 55317XAA7<br>LEI: 254900P5PAYARXBH9O74 | Long             | ABS-O            | CORP              | US        |     510144 | PA      | $520346.70    | 0.07%             | 2038-12-15      | Fixed         | 8.12%                 | No            |                  3 | On Loan: No      |
| ZIGGO BV                                         | Ziggo BV                                                                                                               | CUSIP: 000000000<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    1410000 | PA      | $1586384.40   | 0.21%             | 2030-01-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                               | CUSIP: 38374K2T9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       7025 | PA      | $7010.11      | 0.00%             | 2035-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                     | Barclays PLC                                                                                                           | CUSIP: 06738ECX1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    3745000 | PA      | $3815323.98   | 0.51%             | 2029-02-25      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                      | RCKT Mortgage Trust 2023-CES3                                                                                          | CUSIP: 749407AA0<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-MBS          | CORP              | US        |     907964 | PA      | $917977.18    | 0.12%             | 2043-11-25      | Variable      | 7.11%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                              | Southern California Edison Co                                                                                          | CUSIP: 842400JC8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    1945000 | PA      | $2000846.75   | 0.27%             | 2029-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MARS INC                                         | Mars Inc                                                                                                               | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    3400000 | PA      | $3449320.43   | 0.46%             | 2028-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust            | MASTR Adjustable Rate Mortgages Trust 2002-3                                                                           | CUSIP: 576433BM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        630 | PA      | $625.70       | 0.00%             | 2032-10-25      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2022-NQM3                                                                                 | CUSIP: 45276KAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4005000 | PA      | $3730989.92   | 0.50%             | 2067-05-25      | Variable      | 4.41%                 | 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        |    1595000 | PA      | $1608792.52   | 0.21%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                           | Banque Federative du Credit Mutuel SA                                                                                  | CUSIP: 06675DCR1<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    1500000 | PA      | $1518260.01   | 0.20%             | 2028-10-16      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                                            | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2959618.20   | 0.39%             | 2027-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| PARTNERRE FINANCE B LLC                          | PartnerRe Finance B LLC                                                                                                | CUSIP: 70213BAB7<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |    1616000 | PA      | $1590953.65   | 0.21%             | 2029-07-02      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                         | Volkswagen Group of America Finance LLC                                                                                | CUSIP: 928668CK6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    3495000 | PA      | $3506343.76   | 0.47%             | 2026-08-14      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NEWS CORP                                        | News Corp                                                                                                              | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |    2620000 | PA      | $2556017.50   | 0.34%             | 2029-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust Series 2025-7MPR                                                                              | CUSIP: 46594CAE8<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |    1518821 | PA      | $1527666.87   | 0.20%             | 2056-02-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                             | Niagara Mohawk Power Corp                                                                                              | CUSIP: 653522DT6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    1875000 | PA      | $1904348.10   | 0.25%             | 2030-10-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                                                       | CUSIP: 31394JDB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      36707 | PA      | $36191.36     | 0.00%             | 2043-07-25      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-R1                                                                                     | CUSIP: 92538BAB9<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |      32121 | PA      | $31278.59     | 0.00%             | 2063-10-25      | Variable      | 1.06%                 | No            |                  2 | On Loan: No      |
| EMERA INC                                        | Emera Inc                                                                                                              | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |    2000000 | PA      | $2010014.00   | 0.27%             | 2076-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust              | GS Mortgage-Backed Securities Trust 2024-HE1                                                                           | CUSIP: 36270AAA2<br>LEI: 25490038RWR4AJZ5B524 | Long             | ABS-MBS          | CORP              | US        |    1754345 | PA      | $1761355.48   | 0.23%             | 2054-08-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| SDAL Trust                                       | SDAL Trust 2025-DAL                                                                                                    | CUSIP: 78437RAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3100000 | PA      | $3106547.51   | 0.41%             | 2042-04-15      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                         | Avolon Holdings Funding Ltd                                                                                            | CUSIP: 05401AAW1<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    2500000 | PA      | $2533202.58   | 0.34%             | 2028-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                      | FIGRE Trust 2023-HE2                                                                                                   | CUSIP: 316925AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     878236 | PA      | $903329.36    | 0.12%             | 2053-05-25      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                         | Piedmont Operating Partnership LP                                                                                      | CUSIP: 720198AG5<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |     980000 | PA      | $1079319.51   | 0.14%             | 2028-07-20      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                           | RR 5 Ltd                                                                                                               | CUSIP: 74979VAM5<br>LEI: 549300213Q1LH7O32902 | Long             | ABS-CBDO         | CORP              | KY        |    2500000 | PA      | $2506240.00   | 0.33%             | 2039-07-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                      | RCKT Mortgage Trust 2023-CES2                                                                                          | CUSIP: 748956AA7<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-MBS          | CORP              | US        |     564986 | PA      | $568480.46    | 0.08%             | 2043-09-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                                                                     | CUSIP: 31393NTQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       1820 | PA      | $1835.30      | 0.00%             | 2033-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Springcastle SPV                                 | SpringCastle America Funding LLC                                                                                       | CUSIP: 85022WAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     347673 | PA      | $329814.50    | 0.04%             | 2037-09-25      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC                                  | WEA Finance LLC                                                                                                        | CUSIP: 92928QAH1<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              |  | US        |    1612000 | PA      | $1592995.36   | 0.21%             | 2027-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                   | Pagaya AI Debt Grantor Trust 2025-7                                                                                    | CUSIP: 69545RAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3770000 | PA      | $3777527.56   | 0.50%             | 2033-05-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                                    | AIB Group PLC                                                                                                          | CUSIP: 00135TAF1<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |    2405000 | PA      | $2498310.63   | 0.33%             | 2031-05-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                              | Ashtead Capital Inc                                                                                                    | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1590223.63   | 0.21%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding               | GRACIE POINT INTERNATIONAL FUNDING 2023-2                                                                              | CUSIP: 38410JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      75755 | PA      | $75758.52     | 0.01%             | 2027-03-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust    | BHG Securitization Trust 2021-A                                                                                        | CUSIP: 08861YAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1335000 | PA      | $1308410.81   | 0.17%             | 2033-11-17      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 31401MDL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      15587 | PA      | $15973.01     | 0.00%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                | Ares Capital Corp                                                                                                      | CUSIP: 04010LBF9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     740000 | PA      | $753681.44    | 0.10%             | 2029-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                            | Blue Owl Capital Corp                                                                                                  | CUSIP: 69121KAH7<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    1260000 | PA      | $1253530.92   | 0.17%             | 2029-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                              | Kinetik Holdings LP                                                                                                    | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3092760.00   | 0.41%             | 2028-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD AUD                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $1107.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ICELAND BONDCO PLC                               | Iceland Bondco PLC                                                                                                     | CUSIP: 000000000<br>LEI: 2138002DRBYIA8QXHO36 | Long             | DBT              | CORP              | GB        |     284000 | PA      | $404822.92    | 0.05%             | 2027-12-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| Bank of New York Mellon                          | PURCHASED USD / SOLD ZAR                                                                                               | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |          1 | NC      | $-5259.78     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                                                       | CUSIP: 31426TWA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4427155 | PA      | $4597193.10   | 0.61%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W11                                                                                        | CUSIP: 31393C6U2<br>LEI: 5493006KCWOV61WOTM60 | Long             | ABS-MBS          | USGSE             | US        |       2940 | PA      | $2978.32      | 0.00%             | 2033-06-25      | Variable      | 7.27%                 | No            |                  2 | On Loan: No      |
| MOLEX ELECTRONICS TECH                           | Molex Electronic Technologies LLC                                                                                      | CUSIP: 60856BAE4<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |    3630000 | PA      | $3679444.92   | 0.49%             | 2028-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 3138EQBQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     193014 | PA      | $201106.18    | 0.03%             | 2036-08-01      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                                                           | CUSIP: 3137FARM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     150889 | PA      | $150829.85    | 0.02%             | 2044-05-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Nothing Bundt Cakes                              | NBC Funding LLC                                                                                                        | CUSIP: 62878YAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2158200 | PA      | $2223073.33   | 0.30%             | 2054-07-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NMEF Funding LLC                                 | NMEF Funding 2026-A LLC                                                                                                | CUSIP: 62919FAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2641000 | PA      | $2651311.78   | 0.35%             | 2034-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| EUROPEAN UNION                                   | European Union                                                                                                         | CUSIP: 000000000<br>LEI: 529900FZRK8FGMPEOM08 | Long             | DBT              | NUSS              | XX        |    1650000 | PA      | $1970136.77   | 0.26%             | 2028-07-04      | Fixed         | 2.63%                 | Yes           |                  2 | On Loan: No      |
| Five Guys Funding, LLC                           | Five Guys Holdings Inc                                                                                                 | CUSIP: 33830JAE5<br>LEI: 549300XWT8G8Q3Z3HJ19 | Long             | ABS-O            | CORP              | US        |     306125 | PA      | $314894.01    | 0.04%             | 2054-01-26      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD                                    | Videotron Ltd                                                                                                          | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    3515000 | PA      | $3436922.54   | 0.46%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2024-8                                                                                        | CUSIP: 03465QAA2<br>LEI: 254900BM1HTLL3SKQ481 | Long             | ABS-MBS          | CORP              | US        |    2214355 | PA      | $2227089.51   | 0.30%             | 2069-05-27      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                      | Cencora Inc                                                                                                            | CUSIP: 03073EBC8<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    3500000 | PA      | $3501485.75   | 0.47%             | 2029-02-13      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Bunker Hill Loan Depositary Trust                | Bunker Hill Loan Depositary Trust 2019-3                                                                               | CUSIP: 12062BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      35446 | PA      | $35272.71     | 0.00%             | 2059-11-25      | Variable      | 2.72%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO II LLC                           | Ares Finance Co II LLC                                                                                                 | CUSIP: 04015KAB6<br>LEI: 54930012GWL4VKKENG46 | Long             | DBT              | CORP              | US        |    1045000 | PA      | $1000616.46   | 0.13%             | 2030-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                                                       | CUSIP: 3142J6BV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1592487 | PA      | $1653814.45   | 0.22%             | 2055-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                        | CUSIP: 31418FPJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1631755 | PA      | $1694086.80   | 0.23%             | 2055-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                                                                                          | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   17915000 | PA      | $1063509.38   | 0.14%             | 2030-02-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Equifirst Mortgage Loan Trust                    | EquiFirst Mortgage Loan Trust 2003-2                                                                                   | CUSIP: 29445FAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      58695 | PA      | $58924.00     | 0.01%             | 2033-09-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                                                       | CUSIP: 06368ME67<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    1820000 | PA      | $1831766.66   | 0.24%             | 2032-01-14      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| LINCOLN FIN GLBL FUNDING                         | Lincoln Financial Global Funding                                                                                       | CUSIP: 53359KAC5<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |    3320000 | PA      | $3331411.50   | 0.44%             | 2030-08-18      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                               | Banco Santander SA                                                                                                     | CUSIP: 05971KAR0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    3600000 | PA      | $3628750.97   | 0.48%             | 2030-11-06      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2024-BIO                                                                                                      | CUSIP: 05612AAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3010000 | PA      | $2984603.13   | 0.40%             | 2041-02-15      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2020-AFC1 Trust                                                                                                   | CUSIP: 12597MAC9<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |     370359 | PA      | $357764.92    | 0.05%             | 2050-02-25      | Variable      | 3.51%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                           | CHL Mortgage Pass-Through Trust 2001-HYB1                                                                              | CUSIP: 12669B2X9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      33450 | PA      | $33130.89     | 0.00%             | 2031-06-19      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                           | Protective Life Global Funding                                                                                         | CUSIP: 74368CBC7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    2370000 | PA      | $2363406.85   | 0.31%             | 2026-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD COP                                                                                               | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |          1 | NC      | $47759.11     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                  | Long: SPED05UQ1 CDS USD R F  5.00000 SPED05UQ1_FEE CCPCDX / Short: SPED05UQ1 CDS USD P V 03MEVENT SPED05UQ1_PRO CCPCDX | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    1767150 | OU      | $125686.83    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Gracie Point International Funding               | Gracie Point International Funding 2025-1 LLC                                                                          | CUSIP: 38411WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1545000 | PA      | $1547088.07   | 0.21%             | 2028-08-15      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| RCI BANQUE SA                                    | RCI Banque SA                                                                                                          | CUSIP: 000000000<br>LEI: 96950001WI712W7PQG45 | Long             | DBT              | CORP              | FR        |     600000 | PA      | $728205.89    | 0.10%             | 2030-09-30      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| LYB INT FINANCE III                              | LYB International Finance III LLC                                                                                      | CUSIP: 50249AAQ6<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |     905000 | PA      | $920278.04    | 0.12%             | 2031-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VERISURE HOLDING AB                              | Verisure Holding AB                                                                                                    | CUSIP: 000000000<br>LEI: 549300VQQCWGISM3N408 | Long             | DBT              | CORP              | SE        |     369000 | PA      | $449593.53    | 0.06%             | 2030-05-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                      | Hertz Vehicle Financing III LLC                                                                                        | CUSIP: 42806MCE7<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    2454000 | PA      | $2586049.49   | 0.34%             | 2030-03-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Motorcycle Trust                 | Harley-Davidson Motorcycle Trust 2023-B                                                                                | CUSIP: 41285YAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     596515 | PA      | $601538.50    | 0.08%             | 2028-08-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                    | CUSIP: 91282CQA2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   45570000 | PA      | $45712406.25  | 6.09%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  1 | On Loan: No      |
| VALEO SE                                         | Valeo SE                                                                                                               | CUSIP: 000000000<br>LEI: 5493006IH2N2WMIBB742 | Long             | DBT              | CORP              | FR        |     400000 | PA      | $508338.46    | 0.07%             | 2029-04-12      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                                                                  | CUSIP: 126342FW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      42286 | PA      | $42539.08     | 0.01%             | 2032-08-25      | Variable      | 7.69%                 | No            |                  2 | On Loan: No      |
| Prodigy Finance Designated Activity Co           | Prodigy Finance CM2021-1 DAC                                                                                           | CUSIP: 742855AA7<br>LEI: 635400HTAZNW3LYYMQ40 | Long             | ABS-O            | CORP              | IE        |     470485 | PA      | $469339.96    | 0.06%             | 2051-07-25      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                              | Braskem Netherlands Finance BV                                                                                         | CUSIP: 10554TAB1<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    1125000 | PA      | $508425.08    | 0.07%             | 2028-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TANGER PROPERTIES LP                             | Tanger Properties LP                                                                                                   | CUSIP: 875484AJ6<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              |  | US        |    3109000 | PA      | $3090914.39   | 0.41%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                                                     | CUSIP: 3618N5A33<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5801584 | PA      | $5829909.96   | 0.78%             | 2054-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-19

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer