# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0000810893-23-000819
**Filing Date:** 2023-3
**Character Count:** 3395947
**Document Hash:** c6312ff4708123bd0ebfbb5aef19bad1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000810893-23-000819.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0000810893-23-000819

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO FUNDS
- **CENTRAL INDEX KEY:** 0000810893
- **IRS NUMBER:** 952632339
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 23688021

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-720-6000

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Long Duration Credit Bond Portfolio (Series ID: S000024285)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000071766 | Long Duration Credit Bond Portfolio |  |

## Nport-Ex

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 129.6% ¤** |  |  |
| **CORPORATE BONDS & NOTES 0.5%**  |  |  |
| **BANKING & FINANCE 0.4%**  |  |  |
| **Ambac Assurance Corp.** <br>5.100% due 12/31/2099 (e) | $43 | $60 |
| **Preferred Term Securities Ltd.**  |  |  |
| 5.119% (US0003M + 0.350%) due 03/22/2038 ~  | 18961 | 17712 |
| 5.613% (US0003M + 0.860%) due 07/03/2033 ~  | 1025 | 959 |
|  |  | 18731 |
| **INDUSTRIALS 0.1%**  |  |  |
| **CVS Pass-Through Trust** <br>5.880% due 01/10/2028 | 711 | 703 |
| **Times Square Hotel Trust** <br>8.528% due 08/01/2026 | 2439 | 2411 |
|  |  | 3114 |
| Total Corporate Bonds & Notes (Cost $21,905) |  | 21845 |
| **U.S. GOVERNMENT AGENCIES 35.9%**  |  |  |
| **Fannie Mae**  |  |  |
| 1.611% due 11/25/2049 •(a) | 576 | 78 |
| 1.673% due 01/01/2035 •  | 3 | 3 |
| 1.691% due 02/01/2035 •  | 2 | 2 |
| 1.990% due 12/01/2036 •  | 2 | 2 |
| 2.058% due 03/01/2035 •  | 6 | 6 |
| 2.077% due 12/01/2036 •  | 4 | 4 |
| 2.117% due 02/01/2035 •  | 3 | 3 |
| 2.173% due 12/01/2035 •  | 2 | 2 |
| 2.318% due 03/01/2033 •  | 1 | 1 |
| 2.375% due 03/01/2029 •  | 4 | 4 |
| 2.396% due 03/01/2035 •  | 2 | 2 |
| 2.500% due 04/01/2032 •  | 10 | 10 |
| 2.733% due 01/01/2037 •  | 3 | 3 |
| 2.744% due 09/01/2033 •  | 13 | 12 |
| 2.889% due 03/01/2044 - 10/01/2044 •  | 22 | 21 |
| 2.907% due 07/01/2033 •  | 3 | 2 |
| 3.000% due 05/01/2034 •  | 12 | 11 |
| 3.006% due 04/01/2033 •  | 4 | 4 |
| 3.007% due 03/01/2035 •  | 5 | 5 |
| 3.030% due 06/01/2033 •  | 3 | 3 |
| 3.082% due 05/01/2036 •  | 5 | 4 |
| 3.089% due 10/01/2040 •  | 12 | 12 |
| 3.134% due 07/01/2033 •  | 2 | 2 |
| 3.220% due 10/01/2031 •  | 4 | 4 |
| 3.285% due 11/01/2034 •  | 6 | 6 |
| 3.389% due 11/01/2035 •  | 1 | 1 |
| 3.465% due 05/01/2033 •  | 8 | 8 |
| 3.490% due 04/01/2034 •  | 1 | 1 |
| 3.600% due 11/01/2034 •  | 1 | 1 |
| 3.668% due 07/01/2035 •  | 3 | 3 |
| 3.821% due 07/25/2037 •  | 569 | 558 |
| 3.825% due 10/01/2034 •  | 2 | 2 |
| 3.826% due 09/01/2033 •  | 1 | 1 |
| 3.878% due 09/01/2033 •  | 3 | 3 |
| 3.887% due 03/25/2036 ~ | 7 | 7 |
| 4.000% due 09/01/2033 •  | 6 | 6 |
| 4.000% due 11/25/2033 - 01/01/2059 | 298 | 286 |
| 4.198% due 06/01/2033 - 04/01/2036 •  | 64 | 63 |
| 4.230% due 08/01/2035 •  | 1 | 1 |
| 4.238% due 04/01/2036 •  | 1 | 1 |
| 4.241% due 11/01/2032 •  | 12 | 12 |
| 4.245% due 09/01/2030 •  | 9 | 9 |
| 4.247% due 10/01/2032 •  | 4 | 4 |
| 4.250% due 10/01/2027 •  | 1 | 1 |
| 4.269% due 05/01/2036 •  | 3 | 3 |
| 4.375% due 09/01/2032 •  | 11 | 11 |
| 4.509% due 08/25/2031 •  | 48 | 45 |
| 4.655% due 02/01/2033 •  | 19 | 20 |
| 4.739% due 09/17/2027 ~ | 1 | 1 |
| 4.939% due 11/18/2031 •  | 1 | 1 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.000% due 06/25/2023 - 11/25/2032 | 433 | 431 |
| 5.039% due 11/25/2031 •  | 18 | 18 |
| 5.389% due 12/25/2023 ~ | 1 | 1 |
| 5.389% due 04/25/2032 •  | 2 | 2 |
| 5.500% due 12/25/2023 ~ | 1 | 1 |
| 5.500% due 09/25/2035 | 1983 | 2066 |
| 6.500% due 06/25/2028 | 8 | 8 |
| 7.000% due 07/25/2042 | 3 | 4 |
| 8.500% due 01/25/2025 - 11/01/2030 | 4 | 4 |
| **Freddie Mac**  |  |  |
| 0.482% due 01/25/2034 ~(a) | 86301 | 3217 |
| 0.776% due 03/25/2034 ~(a) | 67989 | 3911 |
| 1.942% due 01/01/2035 •  | 3 | 3 |
| 1.987% due 01/01/2035 •  | 5 | 5 |
| 2.032% due 02/01/2035 •  | 3 | 3 |
| 2.181% due 09/25/2023 •  | 10 | 10 |
| 2.454% due 03/01/2034 •  | 8 | 8 |
| 2.491% due 02/01/2035 •  | 9 | 9 |
| 2.520% due 02/01/2036 •  | 1 | 1 |
| 2.583% due 04/01/2032 •  | 20 | 20 |
| 2.598% due 04/01/2033 •  | 1 | 1 |
| 2.625% due 02/01/2035 •  | 8 | 8 |
| 2.785% due 04/01/2034 •  | 4 | 4 |
| 2.889% due 02/25/2045 •  | 7 | 7 |
| 3.000% due 09/01/2046 - 03/01/2048 | 11619 | 10362 |
| 3.248% due 10/25/2044 •  | 1165 | 1161 |
| 3.448% due 07/25/2044 •  | 247 | 248 |
| 3.500% due 07/01/2046 - 02/01/2048 | 149 | 138 |
| 3.574% due 12/01/2033 •  | 13 | 13 |
| 3.586% due 09/01/2035 •  | 3 | 3 |
| 3.670% due 03/01/2028 •  | 2 | 2 |
| 3.987% due 01/01/2035 •  | 3 | 3 |
| 4.000% due 10/15/2033 | 19 | 18 |
| 4.050% due 09/01/2028 •  | 2 | 2 |
| 4.069% due 03/01/2032 •  | 13 | 13 |
| 4.090% due 09/01/2035 •  | 1 | 1 |
| 4.117% due 07/01/2037 •  | 1 | 1 |
| 4.209% due 10/01/2034 •  | 6 | 6 |
| 4.231% due 09/01/2033 •  | 9 | 10 |
| 4.362% due 11/01/2034 •  | 4 | 4 |
| 4.375% due 11/01/2034 •  | 11 | 11 |
| 4.540% due 03/01/2030 •  | 1 | 1 |
| 4.568% due 10/15/2032 •  | 3 | 3 |
| 4.640% due 05/01/2026 •  | 3 | 3 |
| 4.649% due 08/25/2031 ~ | 32 | 32 |
| 4.668% due 12/15/2029 ~ | 4 | 4 |
| 4.768% due 12/15/2031 •  | 1 | 1 |
| 4.868% due 08/15/2031 ~ | 4 | 4 |
| 5.000% due 02/15/2036 | 104 | 105 |
| 5.500% due 05/15/2036 | 8 | 8 |
| 5.780% due 08/01/2031 •  | 8 | 8 |
| 6.500% due 07/25/2043 | 294 | 305 |
| 7.000% due 06/15/2029 | 4 | 4 |
| 7.500% due 02/15/2023 - 01/15/2031 | 1 | 1 |
| **Ginnie Mae**  |  |  |
| 1.750% (H15T1Y + 1.500%) due 10/20/2026 ~ | 6 | 5 |
| 1.750% due 12/20/2027 - 10/20/2033 •  | 12 | 12 |
| 2.625% due 01/20/2027 - 09/20/2033 •  | 37 | 35 |
| 2.875% due 05/20/2030 - 05/20/2032 •  | 17 | 17 |
| 3.000% due 05/20/2030 - 07/20/2030 •  | 23 | 23 |
| 4.292% due 02/20/2061 ~ | 198 | 196 |
| 4.592% due 09/20/2063 •  | 938 | 936 |
| **Ginnie Mae, TBA**  |  |  |
| 2.000% due 02/01/2053 | 3000 | 2517 |
| 2.500% due 02/01/2053 | 5800 | 5033 |
| 3.500% due 02/01/2053  | 57300 | 52695 |
| 4.000% due 01/01/2053 | 6200 | 5868 |
| 4.500% due 01/01/2053 | 3400 | 3299 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 12/01/2026 - 10/01/2046 | 13770 | 12960 |
| 3.500% due 03/01/2040 - 02/01/2050 | 21156 | 19580 |
| 4.000% due 08/01/2038 - 03/01/2049 | 13759 | 13132 |
| 8.500% due 11/01/2025 - 06/01/2030 | 5 | 6 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 2.500% due 01/01/2037 - 02/01/2053 | 30300 | 25752 |
| 3.000% due 01/01/2038 | 54440 | 50994 |
| 3.000% due 02/01/2053  | 199400 | 175197 |
| 3.500% due 02/01/2049  | 163246 | 148328 |
| 3.500% due 02/01/2053 | 448650 | 407913 |
| 4.000% due 01/01/2053 | 108850 | 102098 |
| 4.000% due 02/01/2053 - 03/01/2053 | 218300 | 204826 |
| 4.500% due 02/01/2053 | 46200 | 44476 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.000% due 01/01/2053 - 02/01/2053 | 204600 | 207507 |
| Total U.S. Government Agencies (Cost $1,525,868) |  | 1506877 |
| **U.S. TREASURY OBLIGATIONS 1.4%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 4.000% due 11/15/2042 (b)(g) | 29000 | 28402 |
| 4.000% due 11/15/2052 | 21800 | 21837 |
| **U.S. Treasury Notes**  |  |  |
| 2.375% due 05/15/2029 (i)(k) | 8900 | 8093 |
| Total U.S. Treasury Obligations (Cost $63,003) |  | 58332 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 27.9%**  |  |  |
| **1211 Avenue of the Americas Trust** <br>3.901% due 08/10/2035 | 3700 | 3441 |
| **225 Liberty Street Trust** <br>3.597% due 02/10/2036 | 2000 | 1825 |
| **280 Park Avenue Mortgage Trust** <br>5.117% due 09/15/2034 •  | 1400 | 1366 |
| **Adjustable Rate Mortgage Trust**  |  |  |
| 4.929% due 11/25/2035 •  | 175 | 171 |
| 4.949% due 11/25/2035 ~  | 367 | 355 |
| 4.949% due 08/25/2036 ~  | 32852 | 13084 |
| **American Home Mortgage Assets Trust** <br>6.750% due 11/25/2046 þ | 10053 | 8568 |
| **American Home Mortgage Investment Trust** <br>7.162% due 06/25/2045 •  | 530 | 519 |
| **Angel Oak Mortgage Trust** <br>1.469% due 06/25/2065 ~ | 222 | 199 |
| **Arroyo Mortgage Trust**  |  |  |
| 1.175% due 10/25/2048 ~  | 5714 | 4515 |
| 1.483% due 10/25/2048 ~  | 7512 | 5999 |
| 1.637% due 10/25/2048 ~  | 3810 | 3055 |
| **Ashford Hospitality Trust**  |  |  |
| 5.218% due 04/15/2035 •  | 10224 | 9890 |
| 5.768% due 06/15/2035 •  | 3100 | 2985 |
| 6.168% due 06/15/2035 •  | 2300 | 2189 |
| 7.068% due 06/15/2035 •  | 3200 | 3026 |
| **BAMLL Commercial Mortgage Securities Trust**  |  |  |
| 5.368% due 04/15/2036 ~  | 3500 | 3423 |
| 5.518% due 03/15/2034 •  | 900 | 876 |
| **Banc of America Alternative Loan Trust** <br>6.000% due 04/25/2037 | 1620 | 1278 |
| **Banc of America Funding Trust**  |  |  |
| 2.917% due 10/20/2046 ^~  | 172 | 134 |
| 4.273% due 01/20/2047 ^~  | 5 | 5 |
| 4.286% due 09/20/2046 ^~  | 475 | 450 |
| 4.733% due 10/20/2036 ~  | 2829 | 2106 |
| 5.028% due 04/20/2035 ~  | 210 | 206 |
| 5.468% due 10/26/2036 ~  | 78290 | 71974 |
| **Banc of America Mortgage Trust**  |  |  |
| 3.587% due 06/25/2034 ~  | 115 | 110 |
| 3.648% due 06/25/2035 ~  | 231 | 199 |
| 3.848% due 10/25/2035 ^~  | 230 | 212 |
| 4.122% due 12/25/2033 ~  | 41 | 39 |
| 4.184% due 11/25/2033 ~  | 9 | 9 |
| **BCAP LLC Trust** <br>6.789% due 10/25/2047 •  | 14857 | 12199 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 0.000% due 10/25/2034 ~  | 41 | 27 |
| 2.459% due 04/25/2034 ~  | 43 | 37 |
| 2.634% due 05/25/2034 ~  | 28 | 24 |
| 2.780% due 11/25/2030 ~  | 23 | 22 |
| 2.855% due 02/25/2035 ~  | 138 | 130 |
| 3.141% due 05/25/2033 ~  | 81 | 73 |
| 3.250% due 02/25/2033 ~  | 1 | 1 |
| 3.255% due 05/25/2047 ^~  | 237 | 210 |
| 3.830% due 01/25/2034 ~  | 21 | 20 |
| 3.843% due 02/25/2036 ^~  | 65 | 60 |
| 3.889% due 08/25/2035 ~  | 543 | 490 |
| 4.191% due 11/25/2034 ~  | 98 | 87 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 3.042% due 04/25/2035 ~  | 20 | 20 |
| 3.383% due 08/25/2036 ^~  | 1579 | 1046 |
| 3.553% due 02/25/2036 ^~  | 2280 | 1594 |
| 3.601% due 11/25/2035 ^~  | 889 | 521 |
| 3.605% due 01/25/2036 ^~  | 1060 | 980 |
| 3.697% due 08/25/2036 ^~  | 1002 | 533 |
| 3.764% due 07/25/2035 ~  | 8266 | 5857 |
| 3.811% due 12/25/2033 ~  | 153 | 145 |
| 6.114% due 09/25/2034 •  | 2668 | 2365 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 4.639% due 07/25/2036 •  | 11435 | 9642 |
| 5.500% due 01/25/2034 þ  | 21 | 18 |
| 5.500% due 06/25/2034 þ  | 209 | 199 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.500% due 12/25/2035  | 65 | 45 |
| 5.750% due 10/25/2033 þ  | 114 | 115 |
| **Bear Stearns Mortgage Securities, Inc.** <br>3.079% due 06/25/2030 ~ | 3 | 3 |
| **Bear Stearns Structured Products, Inc. Trust**  |  |  |
| 3.523% due 01/26/2036 ^~  | 2328 | 1872 |
| 5.219% due 12/26/2046 ^~  | 2890 | 2085 |
| **BellaVista Mortgage Trust**  |  |  |
| 4.839% due 05/20/2045 •  | 1425 | 901 |
| 5.129% due 02/25/2035 ~  | 2203 | 1466 |
| **Benchmark Mortgage Trust** <br>2.994% due 04/15/2054 ~ | 8809 | 6353 |
| **BX Trust** <br>3.202% due 12/09/2041 | 2726 | 2288 |
| **Chase Mortgage Finance Trust** <br>3.941% due 12/25/2035 ^~ | 645 | 545 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>3.916% due 01/25/2035 ~ | 407 | 361 |
| **CIM Trust** <br>3.750% due 12/25/2061 ~ | 12457 | 11771 |
| **Citigroup Commercial Mortgage Trust**  |  |  |
| 3.098% due 04/10/2049  | 13936 | 13378 |
| 3.209% due 05/10/2049  | 700 | 652 |
| 5.273% due 12/15/2036 •  | 9200 | 9018 |
| 5.593% due 12/15/2036 ~  | 3153 | 3048 |
| **Citigroup Global Markets Mortgage Securities, Inc.**  |  |  |
| 4.240% due 09/25/2033 ~  | 1 | 1 |
| 4.889% due 05/25/2032 •  | 19 | 17 |
| 8.500% due 05/25/2032  | 72 | 64 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 3.440% due 09/25/2035 •  | 176 | 166 |
| 3.482% due 05/25/2042 ~  | 661 | 594 |
| 3.885% due 08/25/2035 ~  | 97 | 94 |
| 3.950% due 05/25/2035 •  | 4 | 4 |
| 4.519% due 06/25/2036 •  | 600 | 560 |
| 4.719% due 12/25/2034 ~  | 72 | 67 |
| 4.889% due 09/25/2036 •  | 4037 | 3777 |
| 5.189% due 08/25/2035 ^•  | 72 | 69 |
| 5.410% due 10/25/2035 ~  | 11 | 10 |
| 6.470% due 11/25/2035 ~  | 217 | 207 |
| **CitiMortgage Alternative Loan Trust** <br>6.500% due 06/25/2037 ^ | 1003 | 877 |
| **CityLine Commercial Mortgage Trust** <br>2.778% due 11/10/2031 ~ | 800 | 771 |
| **COLT Mortgage Loan Trust**  |  |  |
| 4.301% due 03/25/2067 ~  | 8519 | 8172 |
| 4.550% due 04/25/2067 ~  | 11710 | 11336 |
| **Commercial Mortgage Trust** <br>3.545% due 02/10/2036 | 3800 | 3479 |
| **Community Program Loan Trust** <br>4.500% due 04/01/2029 | 9 | 8 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 2.690% due 08/25/2035 ~  | 2404 | 2189 |
| 2.888% due 03/25/2047 ^•  | 2391 | 1988 |
| 3.048% due 02/25/2036 •  | 506 | 451 |
| 3.220% due 11/25/2035 •  | 91 | 94 |
| 3.298% due 11/25/2047 ^•  | 3422 | 2760 |
| 3.428% due 11/25/2047 ^~  | 6242 | 5036 |
| 4.533% due 02/20/2047 ^•  | 1380 | 1047 |
| 4.548% due 12/20/2046 ^•  | 6346 | 5110 |
| 4.553% due 07/20/2046 ^•  | 508 | 377 |
| 4.709% due 07/25/2036 «•  | 1 | 0 |
| 4.709% due 02/25/2047 •  | 397 | 338 |
| 4.769% due 07/25/2046 •  | 2380 | 1995 |
| 4.769% due 09/25/2046 ^•  | 229 | 211 |
| 4.773% due 03/20/2046 •  | 230 | 179 |
| 4.789% due 06/25/2037 •  | 628 | 550 |
| 4.889% due 05/25/2035 ~  | 82 | 63 |
| 4.889% due 05/25/2035 ^•  | 152 | 133 |
| 4.889% due 06/25/2035 •  | 1420 | 1196 |
| 4.929% due 02/25/2036 •  | 77 | 60 |
| 4.949% due 12/25/2035 ~  | 383 | 336 |
| 4.969% due 02/25/2036 ^~  | 197 | 173 |
| 4.993% due 11/20/2035 •  | 142 | 131 |
| 5.009% due 10/25/2035 •  | 118 | 117 |
| 5.049% due 10/25/2035 •  | 2712 | 1913 |
| 5.500% due 11/25/2035 ^  | 742 | 446 |
| 5.500% due 03/25/2036 ^  | 65 | 29 |
| 5.750% due 03/25/2037 ^•  | 264 | 152 |
| 5.750% due 04/25/2047 ^  | 370 | 213 |
| 5.929% due 11/25/2035 •  | 1831 | 1452 |
| 6.250% due 12/25/2033  | 12 | 12 |
| 6.500% due 11/25/2031  | 22 | 21 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 2.168% due 02/25/2034 ~  | 28 | 27 |
| 2.980% due 04/25/2035 ^~  | 8 | 1 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.041% due 07/19/2033 ~  | 49 | 45 |
| 3.233% due 05/19/2033 ~  | 8 | 7 |
| 3.402% due 06/19/2031 ~  | 1 | 1 |
| 3.671% due 02/20/2035 ~  | 35 | 35 |
| 3.680% due 08/25/2034 ~  | 29 | 28 |
| 4.247% due 02/19/2034 ~  | 7 | 7 |
| 4.267% due 02/19/2034 ~  | 9 | 8 |
| 4.869% due 03/25/2036 ~  | 9512 | 8234 |
| 4.969% due 04/25/2035 •  | 12 | 11 |
| 4.989% due 03/25/2035 •  | 23 | 16 |
| 5.029% due 03/25/2035 •  | 371 | 299 |
| 5.029% due 03/25/2035 ~  | 859 | 765 |
| 5.069% due 02/25/2035 ~  | 47 | 39 |
| 5.089% due 02/25/2035 ~  | 383 | 323 |
| 5.169% due 02/25/2035 ~  | 68 | 56 |
| 5.309% due 09/25/2034 •  | 64 | 52 |
| 5.910% due 02/20/2036 ^~  | 47 | 39 |
| 6.000% due 11/25/2037 ^  | 92 | 51 |
| 6.537% due 02/20/2036 ^•  | 118 | 107 |
| **Credit Suisse First Boston Mortgage Securities Corp.**  |  |  |
| 2.535% due 12/25/2032 ^~  | 27 | 23 |
| 3.187% due 06/25/2033 ~  | 103 | 95 |
| 3.792% due 03/25/2032 ~  | 53 | 48 |
| 3.910% due 12/25/2033 ~  | 49 | 47 |
| 5.539% due 09/25/2034 ^~  | 644 | 685 |
| 5.750% due 04/25/2033  | 6 | 6 |
| 6.250% due 07/25/2035  | 150 | 146 |
| 7.000% due 02/25/2033  | 10 | 10 |
| **Credit Suisse First Boston Mortgage-Backed Pass-Through Certificates**  |  |  |
| 3.139% due 07/25/2033 ~  | 4 | 4 |
| 3.643% due 10/25/2033 ~  | 41 | 39 |
| 5.500% due 11/25/2035  | 149 | 113 |
| **Credit Suisse Mortgage Capital Certificates**  |  |  |
| 2.436% due 02/25/2061 ~  | 5023 | 4630 |
| 3.792% due 02/27/2036 ~  | 3995 | 2850 |
| 5.750% due 12/26/2035  | 180 | 130 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust** <br>6.421% due 10/25/2037 ~ | 194 | 120 |
| **Credit Suisse Mortgage Capital Trust**  |  |  |
| 1.926% due 07/27/2061 ~  | 11819 | 10728 |
| 2.215% due 11/25/2061 ~  | 1036 | 983 |
| 2.257% due 08/15/2037  | 1173 | 1049 |
| 2.750% due 01/25/2060  | 9795 | 6842 |
| 2.750% due 01/25/2060 ~  | 5626 | 4019 |
| 2.963% due 12/26/2059 ~  | 635 | 627 |
| 3.250% due 01/25/2060  | 7373 | 4958 |
| 3.250% due 01/25/2060 ~  | 3775 | 2643 |
| 3.518% due 01/25/2060 ~  | 3343 | 2213 |
| 5.668% due 10/15/2037 •  | 1000 | 976 |
| **Deephaven Residential Mortgage Trust** <br>4.300% due 03/25/2067 ~ | 2095 | 1976 |
| **Deutsche ALT-A Securities, Inc. Mortgage Loan Trust** <br>4.749% due 01/25/2047 •  | 4200 | 3746 |
| **Downey Savings & Loan Association Mortgage Loan Trust** <br>2.988% due 04/19/2046 •  | 278 | 241 |
| **Extended Stay America Trust** <br>5.398% due 07/15/2038 ~ | 46369 | 45102 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 3.605% due 03/25/2035 ~  | 96 | 60 |
| 3.858% due 09/25/2034 ~  | 347 | 313 |
| 4.538% due 06/25/2034 ~  | 836 | 779 |
| 4.797% due 07/25/2035 ~  | 3909 | 3519 |
| **GCAT LLC** <br>2.981% due 09/25/2025 þ | 373 | 362 |
| **GMAC Mortgage Corp. Loan Trust** <br>0.000% due 05/25/2035 ~ | 6 | 5 |
| **GreenPoint Mortgage Funding Trust**  |  |  |
| 4.809% due 04/25/2036 ~  | 103 | 86 |
| 4.849% due 06/25/2045 ~  | 8457 | 6100 |
| **GS Mortgage Securities Corp. Trust**  |  |  |
| 3.104% due 05/10/2034  | 15900 | 14390 |
| 3.924% due 10/10/2032  | 13300 | 12795 |
| **GS Mortgage Securities Trust** <br>3.621% due 10/10/2035 | 2000 | 1839 |
| **GSMPS Mortgage Loan Trust**  |  |  |
| 4.739% due 09/25/2035 ~  | 16840 | 14499 |
| 4.739% due 01/25/2036 •  | 20436 | 16903 |
| 7.000% due 06/25/2043  | 350 | 352 |
| 8.000% due 09/19/2027 ~  | 170 | 160 |
| **GSR Mortgage Loan Trust**  |  |  |
| 2.954% due 04/25/2035 ~  | 303 | 273 |
| 3.796% due 01/25/2036 ^~  | 126 | 121 |
| 3.955% due 09/25/2035 ~  | 26 | 25 |
| 4.124% due 04/25/2035 ~  | 304 | 288 |
| 4.739% due 01/25/2034 •  | 3 | 3 |
| 6.000% due 03/25/2032  | 1 | 1 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **HarborView** **Mortgage Loan Trust**  |  |  |
| 3.426% due 11/19/2034 ~  | 4 | 4 |
| 3.435% due 06/19/2045 ^~  | 231 | 115 |
| 3.928% due 12/19/2035 ^~  | 3 | 3 |
| 3.979% due 08/19/2034 ~  | 72 | 66 |
| 4.719% due 01/19/2038 •  | 24073 | 21158 |
| 4.719% due 02/19/2046 •  | 211 | 170 |
| 4.749% due 12/19/2036 •  | 986 | 813 |
| 4.779% due 05/19/2035 ~  | 105 | 93 |
| 4.819% due 06/19/2035 •  | 4524 | 4242 |
| 4.819% due 03/19/2036 ^•  | 155 | 135 |
| 4.819% due 12/19/2036 ^~  | 685 | 620 |
| 5.039% due 01/19/2035 ~  | 12 | 11 |
| 5.253% due 06/20/2035 •  | 146 | 130 |
| **Hilton USA Trust**  |  |  |
| 2.828% due 11/05/2035  | 6500 | 6183 |
| 3.719% due 11/05/2038  | 1000 | 907 |
| **HomeBanc Mortgage Trust** <br>5.124% due 10/25/2035 •  | 8766 | 8106 |
| **Impac CMB Trust** <br>5.289% due 10/25/2033 •  | 4 | 4 |
| **Impac Secured Assets Trust** <br>5.089% due 05/25/2036 •  | 13 | 11 |
| **IndyMac Adjustable Rate Mortgage Trust** <br>3.544% due 01/25/2032 ~ | 3 | 3 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.122% due 06/25/2036 ~  | 1699 | 1128 |
| 3.129% due 06/25/2036 ~  | 808 | 634 |
| 3.289% due 06/25/2034 ~(a)  | 1547 | 1215 |
| 3.373% due 02/25/2036 ~  | 3485 | 2472 |
| 4.569% due 07/25/2037 ~  | 6293 | 5450 |
| 4.629% due 07/25/2036 •  | 14228 | 12651 |
| 4.689% due 06/25/2037 ^•  | 109 | 44 |
| 4.769% due 09/25/2046 •  | 365 | 316 |
| 4.849% due 07/25/2046 •  | 2125 | 2276 |
| 4.869% due 04/25/2035 •  | 93 | 77 |
| 4.949% due 03/25/2035 ~  | 13 | 13 |
| 5.029% due 02/25/2035 ~  | 611 | 525 |
| 5.029% due 07/25/2045 ~  | 28 | 24 |
| 5.189% due 11/25/2034 •  | 2277 | 1959 |
| 5.609% due 09/25/2034 •  | 69 | 59 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 4.529% due 06/27/2037 •  | 1226 | 917 |
| 4.869% due 07/25/2036 •  | 16257 | 13676 |
| 4.869% due 11/25/2036 •  | 4389 | 3812 |
| 4.949% due 06/25/2037 •  | 34023 | 14687 |
| 6.632% due 06/27/2037 ~  | 13802 | 6169 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 2.287% due 03/05/2042  | 18200 | 14889 |
| 2.713% due 08/15/2049  | 8347 | 7938 |
| 3.648% due 12/15/2049 ~  | 300 | 280 |
| 4.549% due 07/05/2033  | 23176 | 20636 |
| 5.268% due 02/15/2035 ~  | 5000 | 4856 |
| 5.672% due 07/05/2033 ~  | 3239 | 2970 |
| 5.768% due 12/15/2031 •  | 795 | 758 |
| **JP Morgan Mortgage Trust**  |  |  |
| 2.843% due 06/25/2035 ~  | 56 | 45 |
| 3.416% due 04/25/2035 ~  | 2 | 2 |
| 3.548% due 10/25/2035 ^~  | 30 | 24 |
| 4.233% due 10/25/2035 ~  | 67 | 58 |
| 5.000% due 07/25/2036  | 260 | 163 |
| **Legacy Mortgage Asset Trust**  |  |  |
| 1.650% due 11/25/2060 þ  | 2180 | 1960 |
| 1.750% due 07/25/2061 þ  | 9127 | 8295 |
| 1.875% due 10/25/2068 þ  | 4573 | 4117 |
| 1.892% due 10/25/2066 þ  | 2161 | 1985 |
| 1.991% due 09/25/2060 ~  | 631 | 619 |
| 2.250% due 07/25/2067 þ  | 2491 | 2242 |
| **Lehman Mortgage Trust** <br>5.500% due 02/25/2036 ^ | 212 | 110 |
| **Lehman XS Trust**  |  |  |
| 4.749% due 11/25/2035 •  | 4760 | 4478 |
| 4.849% due 04/25/2046 ^~  | 131 | 157 |
| **Luminent Mortgage Trust** <br>4.809% due 05/25/2036 •  | 2719 | 2344 |
| **Manhattan West Mortgage Trust** <br>2.130% due 09/10/2039 | 3400 | 2908 |
| **MASTR Adjustable Rate Mortgages Trust**  |  |  |
| 3.447% due 07/25/2035 ~  | 10117 | 5682 |
| 4.000% due 12/25/2033 ~  | 4 | 4 |
| 4.689% due 03/25/2047 ~  | 1796 | 1608 |
| 4.719% due 12/25/2034 •  | 235 | 207 |
| 5.489% due 09/25/2037 ~  | 3500 | 1553 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Certificates** <br>5.018% due 11/15/2031 •  | 31 | 30 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Merrill** **Lynch Mortgage Investors Trust**  |  |  |
| 2.848% due 04/25/2035 ~  | 8 | 7 |
| 3.983% due 08/25/2033 ~  | 45 | 2 |
| 4.138% due 11/25/2035 ~  | 3346 | 3192 |
| 5.009% due 08/25/2028 ~  | 3 | 3 |
| 5.029% due 10/25/2028 ~  | 31 | 29 |
| 5.109% due 08/25/2035 •  | 12000 | 11011 |
| 5.129% due 03/25/2028 ~  | 5 | 5 |
| **MFA Trust**  |  |  |
| 1.947% due 04/25/2065 ~  | 587 | 531 |
| 3.300% due 08/25/2061 ~  | 10926 | 9845 |
| **Mill City Mortgage Loan Trust**  |  |  |
| 1.850% due 11/25/2060 ~  | 8550 | 7217 |
| 2.500% due 11/25/2060 ~  | 5358 | 4348 |
| **Morgan Stanley Capital Trust** <br>5.318% due 05/15/2036 •  | 5347 | 5116 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 3.787% due 10/25/2034 ~  | 20 | 19 |
| 4.649% due 03/25/2036 •  | 1008 | 651 |
| **Morgan Stanley Re-REMIC Trust** <br>3.223% due 06/26/2047 ~ | 12750 | 11419 |
| **NAAC Reperforming Loan REMIC Trust** <br>7.500% due 03/25/2034 ^ | 367 | 319 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 21960 | 20507 |
| 3.250% due 02/25/2059 ~  | 9286 | 8733 |
| 3.500% due 12/25/2057 ~  | 412 | 391 |
| 4.500% due 05/25/2058 ~  | 620 | 583 |
| **New York Mortgage Trust** <br>1.670% due 08/25/2061 þ | 2587 | 2331 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>5.754% due 10/25/2034 þ | 6871 | 6357 |
| **NYO Commercial Mortgage Trust** <br>5.413% due 11/15/2038 ~ | 3865 | 3515 |
| **One Market Plaza Trust** <br>3.614% due 02/10/2032 | 3200 | 3080 |
| **One New York Plaza Trust** <br>5.268% due 01/15/2036 •  | 9700 | 9169 |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates** <br>5.364% due 07/25/2035 •  | 6091 | 5819 |
| **Preston Ridge Partners Mortgage LLC** <br>3.720% due 02/25/2027 þ | 11691 | 10986 |
| **RBS Acceptance, Inc.** <br>4.048% due 06/25/2024 ~ | 2 | 2 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 2.644% due 10/25/2037 ~  | 850 | 740 |
| 4.070% due 09/25/2034 ~  | 4 | 3 |
| 4.749% due 11/25/2036 •  | 7016 | 4332 |
| 4.769% due 04/25/2046 •  | 1194 | 1029 |
| 4.789% due 10/25/2046 •  | 8160 | 7668 |
| 6.000% due 12/25/2035  | 3254 | 2743 |
| 6.500% due 10/25/2036 ^  | 1408 | 1183 |
| 6.500% due 10/25/2036  | 20701 | 17388 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.739% due 10/25/2048  | 2 | 2 |
| 4.839% due 02/25/2034 ~  | 19 | 18 |
| 4.839% due 04/25/2035 ^•  | 545 | 307 |
| 6.000% due 08/25/2036  | 3952 | 2078 |
| 6.250% due 08/25/2036  | 1767 | 1198 |
| 6.500% due 04/25/2037 ^  | 4331 | 1171 |
| **Residential Funding Mortgage Securities, Inc. Trust**  |  |  |
| 4.137% due 09/25/2035 ~  | 5034 | 3310 |
| 5.289% due 02/25/2036 ^~  | 34 | 28 |
| **RESIMAC Bastille Trust** <br>5.102% due 09/05/2057 •  | 436 | 436 |
| **RiverView HECM Trust** <br>5.140% due 05/25/2047 •  | 9338 | 9025 |
| **SACO Trust** <br>7.000% due 08/25/2036 | 3 | 3 |
| **Sequoia Mortgage Trust**  |  |  |
| 2.976% due 01/20/2047 ^~  | 377 | 254 |
| 3.867% due 02/20/2034 •  | 71 | 62 |
| 3.871% due 08/20/2034 ~  | 55 | 53 |
| 4.151% due 09/20/2032 ~  | 12 | 11 |
| 4.310% due 06/20/2034 ~  | 48 | 43 |
| 4.813% due 02/20/2035 ~  | 57 | 50 |
| 4.973% due 11/20/2034 •  | 18 | 16 |
| 5.039% due 10/19/2026 ~  | 18 | 17 |
| 5.113% due 10/20/2027 ~  | 3 | 3 |
| 5.153% due 10/20/2027 •  | 7 | 7 |
| 5.235% due 05/20/2034 ~  | 198 | 184 |
| 5.713% due 10/20/2027 ~  | 147 | 141 |
| **SFO Commercial Mortgage Trust** <br>5.468% due 05/15/2038 ~ | 1800 | 1655 |
| **SG Commercial Mortgage Securities Trust** <br>2.895% due 10/10/2048 | 2052 | 1968 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Structured** **Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.448% due 01/25/2035 ^•  | 358 | 298 |
| 3.448% due 05/25/2035 ^•  | 383 | 292 |
| 3.780% due 02/25/2034 ~  | 32 | 30 |
| 3.957% due 04/25/2034 ~  | 18 | 17 |
| 4.024% due 02/25/2036 ^~  | 14 | 13 |
| 5.124% due 06/25/2034 •  | 219 | 198 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.539% due 02/25/2037 •  | 869 | 764 |
| 4.579% due 09/25/2047 ~  | 754 | 657 |
| 4.929% due 08/25/2035 •  | 4540 | 3900 |
| 4.939% due 07/19/2034 •  | 351 | 314 |
| 4.949% due 02/25/2036 ^•  | 117 | 90 |
| 5.009% due 12/25/2035 ^~  | 6851 | 5445 |
| 5.039% due 03/19/2034 •  | 103 | 94 |
| 5.179% due 10/19/2033 ~  | 41 | 37 |
| 6.750% due 05/02/2030 ~  | 64 | 1 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>7.500% due 10/25/2036 ^ | 1097 | 639 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates** <br>4.682% due 07/25/2032 ~ | 1 | 1 |
| **Tharaldson Hotel Portfolio Trust**  |  |  |
| 5.268% due 11/11/2034 ~  | 11341 | 11035 |
| 5.618% due 11/11/2034 ~  | 21467 | 20418 |
| 5.868% due 11/11/2034 •  | 10693 | 10103 |
| 6.518% due 11/11/2034 •  | 21548 | 20291 |
| **Thornburg Mortgage Securities Trust** <br>2.994% due 09/25/2037 ~ | 2121 | 2045 |
| **Towd Point Mortgage Trust**  |  |  |
| 1.636% due 04/25/2060 ~  | 44413 | 39111 |
| 2.250% due 12/25/2061 ~  | 11876 | 10917 |
| 2.710% due 01/25/2060 ~  | 40714 | 37507 |
| 2.900% due 10/25/2059 ~  | 14081 | 13141 |
| 5.389% due 10/25/2059 ~  | 475 | 471 |
| 6.089% due 10/25/2059 ~  | 11615 | 10749 |
| **Travelers Mortgage Services, Inc.** <br>1.600% due 02/27/2023 | 2 | 2 |
| **UBS Commercial Mortgage Trust** <br>5.168% due 02/15/2032 ~ | 15996 | 15605 |
| **Verus Securitization Trust**  |  |  |
| 0.820% due 10/25/2063 ~  | 1986 | 1782 |
| 1.057% due 10/25/2063 ~  | 54 | 48 |
| 1.262% due 10/25/2063 ~  | 81 | 72 |
| 4.130% due 02/25/2067 þ  | 8050 | 7634 |
| **Wachovia Bank Commercial Mortgage Trust** <br>0.692% due 10/15/2041 ~(a) | 42 | 0 |
| **Wachovia Mortgage Loan Trust LLC** <br>4.182% due 10/20/2035 ~ | 71 | 66 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 1.989% due 11/25/2041 ~  | 3 | 2 |
| 2.335% due 03/25/2033 ~  | 65 | 61 |
| 2.888% due 11/25/2046 ~  | 9562 | 8167 |
| 3.048% due 08/25/2046 ~  | 5037 | 4615 |
| 3.096% due 08/25/2046 •  | 3485 | 2660 |
| 3.104% due 06/25/2034 ~  | 27 | 24 |
| 3.448% due 06/25/2042 ~  | 67 | 60 |
| 3.448% due 08/25/2042 •  | 908 | 837 |
| 4.159% due 08/25/2033 ~  | 6 | 5 |
| 4.343% due 01/25/2033 ~  | 896 | 841 |
| 4.759% due 05/25/2034 ~  | 17875 | 16736 |
| 4.929% due 12/25/2045 •  | 1702 | 1579 |
| 4.969% due 07/25/2045 ~  | 2174 | 1990 |
| 5.129% due 11/25/2034 •  | 102 | 92 |
| 5.169% due 10/25/2044 •  | 272 | 245 |
| 5.229% due 06/25/2044 ~  | 1210 | 1089 |
| 5.369% due 11/25/2034 •  | 263 | 239 |
| 5.369% due 10/25/2045 •  | 954 | 878 |
| 5.389% due 07/25/2044 •  | 12 | 11 |
| **WaMu Mortgage-Backed Pass-Through Certificates** <br>2.653% due 12/19/2039 ~ | 141 | 128 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.798% due 02/25/2047 ^•  | 12323 | 10431 |
| 2.878% due 11/25/2046 •  | 13648 | 10873 |
| 3.555% due 12/25/2032 ~  | 88 | 83 |
| 3.912% due 11/25/2030 ~  | 7 | 7 |
| 5.039% due 10/25/2035 ~  | 359 | 326 |
| 5.750% due 03/25/2033  | 63 | 54 |
| **Wells Fargo Commercial Mortgage Trust**  |  |  |
| 5.370% due 12/13/2031 •  | 21320 | 21040 |
| 5.620% due 12/13/2031 ~  | 17700 | 17413 |
| 6.365% due 12/13/2031 ~  | 1242 | 1201 |
| **Wells Fargo Mortgage Loan Trust** <br>3.555% due 09/27/2036 ~ | 634 | 604 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Wells** **Fargo Mortgage-Backed Securities Trust** <br>4.564% due 12/25/2036 ^~ | 46 | 43 |
| Total Non-Agency Mortgage-Backed Securities (Cost $1,267,208) |  | 1169757 |
| **ASSET-BACKED SECURITIES 62.9%**  |  |  |
| **510 Asset-Backed Trust** <br>2.240% due 06/25/2061 þ | 1925 | 1768 |
| **Aames Mortgage Investment Trust** <br>5.304% due 10/25/2035 •  | 1900 | 1752 |
| **ABFS Mortgage Loan Trust** <br>6.785% due 07/15/2033 þ | 580 | 406 |
| **ACAS CLO Ltd.** <br>5.084% due 10/18/2028 •  | 3141 | 3102 |
| **Accredited Mortgage Loan Trust**  |  |  |
| 4.649% due 09/25/2036 ~  | 775 | 761 |
| 5.053% due 04/25/2035 •  | 1567 | 1561 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.829% due 01/25/2037 ~  | 23727 | 5970 |
| 4.829% due 05/25/2037 •  | 59847 | 10331 |
| 5.289% due 09/25/2033 ~  | 1002 | 950 |
| 5.439% due 12/25/2033 •  | 246 | 236 |
| 5.439% due 07/25/2034 •  | 27 | 26 |
| **AFC Home Equity Loan Trust** <br>4.616% due 06/25/2028 •  | 128 | 125 |
| **Allegro CLO Ltd.** <br>5.244% due 10/16/2031 •  | 5900 | 5789 |
| **American Home Mortgage Investment Trust** <br>4.569% due 08/25/2035 ~ | 4 | 3 |
| **American Money Management Corp. CLO Ltd.** <br>4.991% due 04/14/2029 •  | 2054 | 2042 |
| **Ameriquest Mortgage Securities Trust**  |  |  |
| 4.549% due 10/25/2036 •  | 9634 | 3211 |
| 4.629% due 10/25/2036 ~  | 3196 | 1065 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 4.130% due 06/25/2034 •  | 2056 | 1872 |
| 5.259% due 10/25/2035 •  | 15670 | 15006 |
| 5.304% due 01/25/2035 ~  | 500 | 481 |
| 5.439% due 11/25/2034 ~  | 6613 | 6454 |
| 5.499% due 03/25/2035 •  | 6305 | 6134 |
| **Amortizing Residential Collateral Trust** <br>5.389% due 10/25/2034 •  | 1771 | 1724 |
| **AMSR Trust**  |  |  |
| 1.632% due 07/17/2037  | 47000 | 42575 |
| 2.033% due 07/17/2037  | 11000 | 9930 |
| **Apex Credit CLO Ltd.** <br>5.736% due 09/20/2029 ~ | 5678 | 5586 |
| **Apidos CLO** <br>5.009% due 07/17/2030 ~ | 2000 | 1979 |
| **Arbor Realty Commercial Real Estate Notes Ltd.**  |  |  |
| 5.240% due 12/15/2035 •  | 11500 | 11121 |
| 6.186% due 05/15/2037 ~  | 33000 | 32322 |
| **AREIT Trust** <br>5.710% due 09/14/2036 ~ | 1409 | 1385 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 4.859% due 01/25/2036 •  | 17888 | 17263 |
| 5.124% due 10/25/2035 •  | 433 | 420 |
| 5.154% due 10/25/2035 •  | 37500 | 33238 |
| 5.514% due 05/25/2034 •  | 1231 | 949 |
| **Arivo Acceptance Auto Loan Receivables Trust** <br>1.190% due 01/15/2027 | 3298 | 3188 |
| **Asset-Backed Funding Certificates Trust**  |  |  |
| 4.669% due 11/25/2036 ~  | 8889 | 5773 |
| 4.869% due 09/25/2036 •  | 4060 | 3848 |
| 5.069% due 04/25/2033 ~  | 491 | 452 |
| 5.409% due 03/25/2032 ~  | 246 | 236 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.838% due 06/15/2031 ~  | 111 | 104 |
| 5.094% due 11/25/2035 ~  | 29963 | 29290 |
| 5.668% due 04/15/2033 ~  | 22 | 22 |
| **Atlas Senior Loan Fund Ltd.** <br>5.229% due 01/16/2030 •  | 952 | 942 |
| **BDS Ltd.** <br>5.689% due 12/16/2036 ~ | 11220 | 10886 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 2.906% due 09/25/2034 •  | 32 | 30 |
| 3.644% due 07/25/2036 ~  | 87 | 86 |
| 4.421% due 11/25/2035 ^~  | 893 | 802 |
| 4.529% due 01/25/2037 •  | 4384 | 4179 |
| 4.709% due 08/25/2036 ~  | 350 | 337 |
| 4.939% due 10/25/2036 •  | 9128 | 8255 |
| 4.990% due 03/25/2035 ~  | 3000 | 2799 |
| 5.049% due 10/25/2032 •  | 37 | 36 |
| 5.079% due 12/25/2035 ~  | 6462 | 6428 |
| 5.094% due 01/25/2035 •  | 3538 | 3481 |
| 5.124% due 09/25/2035 ~  | 302 | 300 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.189% due 10/27/2032 ~  | 10 | 10 |
| 5.289% due 12/25/2033 •  | 252 | 238 |
| 5.389% due 10/25/2037 ~  | 5397 | 4735 |
| 5.389% due 11/25/2042 •  | 84 | 82 |
| 5.569% due 06/25/2043 •  | 370 | 354 |
| 5.589% due 10/25/2032 •  | 27 | 26 |
| 5.639% due 08/25/2037 •  | 1484 | 1459 |
| 5.889% due 11/25/2042 •  | 51 | 50 |
| 6.039% due 11/25/2042 ~  | 59 | 72 |
| **BNC Mortgage Loan Trust** <br>4.599% due 07/25/2037 •  | 71568 | 64255 |
| **BPCRE Holder LLC** <br>6.725% due 01/16/2037 •  | 4800 | 4737 |
| **BSPRT Issuer Ltd.** <br>5.638% due 12/15/2038 •  | 24563 | 23612 |
| **BXMT Ltd.** <br>5.322% due 11/15/2037 ~ | 23500 | 23140 |
| **Carlyle Global Market Strategies CLO Ltd.** <br>5.049% due 04/17/2031 •  | 1097 | 1082 |
| **CarNow Auto Receivables Trust** <br>3.440% due 07/15/2024 | 1501 | 1496 |
| **Carrington Mortgage Loan Trust** <br>5.493% due 07/20/2030 •  | 8074 | 7993 |
| **CDC Mortgage Capital Trust**  |  |  |
| 5.009% due 01/25/2033 •  | 5 | 4 |
| 5.439% due 01/25/2033 •  | 15 | 16 |
| **Cedar Funding CLO Ltd.** <br>5.179% due 07/17/2031 •  | 5000 | 4917 |
| **Centex Home Equity Loan Trust**  |  |  |
| 4.118% due 06/25/2034 •  | 277 | 261 |
| 5.409% due 03/25/2035 ~  | 1413 | 1238 |
| 5.424% due 09/25/2034 •  | 47 | 48 |
| 5.660% due 09/25/2034 þ  | 254 | 256 |
| **Chase Funding Trust**  |  |  |
| 4.537% due 09/25/2032  | 1 | 1 |
| 4.969% due 11/25/2034 •  | 2 | 2 |
| 5.289% due 05/25/2033 •  | 1358 | 1309 |
| **Chesapeake Funding LLC**  |  |  |
| 0.870% due 08/15/2032  | 468 | 462 |
| 4.968% due 08/15/2032 •  | 468 | 468 |
| **CIFC Funding Ltd.** <br>5.275% due 10/24/2030 ~ | 2900 | 2871 |
| **CIT Group Home Equity Loan Trust** <br>5.364% due 12/25/2031 ~ | 93 | 92 |
| **CIT Mortgage Loan Trust** <br>5.739% due 10/25/2037 •  | 103 | 102 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.469% due 01/25/2037 •  | 609 | 453 |
| 4.529% due 01/25/2037 ~  | 12323 | 11085 |
| 4.709% due 09/25/2036 ~  | 10306 | 9098 |
| 4.794% due 06/25/2037 •  | 24348 | 21882 |
| 4.809% due 08/25/2036 •  | 10113 | 9793 |
| 4.909% due 03/25/2036 ~  | 4570 | 4066 |
| 5.064% due 11/25/2045 •  | 116 | 116 |
| 6.050% due 08/25/2035 þ  | 239 | 217 |
| 6.129% due 08/25/2035 þ  | 1330 | 1188 |
| **CLNC Ltd.** <br>5.689% due 08/20/2035 •  | 8922 | 8768 |
| **College Avenue Student Loans LLC**  |  |  |
| 1.600% due 07/25/2051  | 10220 | 8786 |
| 3.280% due 12/28/2048  | 10879 | 9766 |
| 4.130% due 12/26/2047  | 5803 | 5406 |
| 5.489% due 07/25/2051 •  | 6096 | 5884 |
| 5.589% due 12/26/2047 ~  | 4252 | 4176 |
| **Conseco Finance Securitizations Corp.** <br>8.260% due 12/01/2030 ~ | 22467 | 6333 |
| **CoreVest American Finance Trust** <br>1.358% due 08/15/2053 | 11277 | 9956 |
| **Countrywide Asset-Backed Certificates**  |  |  |
| 5.289% due 05/25/2032 •  | 166 | 159 |
| 5.289% due 06/25/2034 •  | 878 | 854 |
| 5.389% due 09/25/2032 •  | 138 | 133 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 3.542% due 12/25/2035 ~  | 9500 | 9065 |
| 3.779% due 12/25/2034 ~  | 452 | 411 |
| 3.856% due 01/25/2037 ~  | 4203 | 4081 |
| 4.106% due 01/25/2037 •  | 5436 | 5371 |
| 4.529% due 06/25/2035 •  | 17900 | 16174 |
| 4.539% due 09/25/2046 •  | 4420 | 4384 |
| 4.609% due 06/25/2047 ^•  | 18740 | 16293 |
| 4.669% due 03/25/2047 ~  | 916 | 906 |
| 4.679% due 10/25/2047 •  | 39229 | 34270 |
| 4.889% due 04/25/2046 ^•  | 7187 | 6839 |
| 4.929% due 09/25/2036 •  | 107 | 107 |
| 4.974% due 06/25/2036 ~  | 14975 | 14046 |
| 5.079% due 04/25/2036 ~  | 6393 | 6180 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.109% due 05/25/2036 •  | 50400 | 47959 |
| 5.125% due 12/25/2034 ~  | 1997 | 1947 |
| 5.129% due 12/25/2034 •  | 15 | 15 |
| 5.129% due 08/25/2047 •  | 648 | 624 |
| 5.169% due 11/25/2034 •  | 292 | 276 |
| 5.169% due 05/25/2036 ~  | 32300 | 28202 |
| 5.364% due 10/25/2034 ~  | 1118 | 1087 |
| 5.484% due 04/25/2036 ^~  | 5500 | 5149 |
| 5.529% due 08/25/2035 ~  | 11400 | 11074 |
| 6.547% due 05/25/2036 ^þ  | 303 | 243 |
| **Credit Suisse ABS Trust** <br>2.610% due 10/15/2026 | 4188 | 4073 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>4.598% due 01/25/2032 •  | 4 | 4 |
| **Credit-Based Asset Servicing & Securitization LLC**  |  |  |
| 2.801% due 05/25/2036 •  | 5001 | 3290 |
| 3.399% due 12/25/2035 ~  | 1377 | 1287 |
| 6.780% due 05/25/2035 þ  | 221 | 195 |
| **CWHEQ Revolving Home Equity Loan Trust** <br>4.508% due 04/15/2032 •  | 209 | 208 |
| **Dryden Senior Loan Fund** <br>5.099% due 04/15/2029 ~ | 1096 | 1084 |
| **ECMC Group Student Loan Trust**  |  |  |
| 5.389% due 01/27/2070 •  | 9030 | 8973 |
| 5.539% due 11/25/2069 ~  | 7008 | 6799 |
| **Ellington Loan Acquisition Trust** <br>5.889% due 05/25/2037 •  | 2069 | 1937 |
| **EMC Mortgage Loan Trust** <br>5.889% due 08/25/2040 •  | 141 | 135 |
| **Encore Credit Receivables Trust**  |  |  |
| 5.079% due 07/25/2035 •  | 414 | 402 |
| 5.319% due 11/25/2035 •  | 11430 | 10352 |
| **EquiFirst Mortgage Loan Trust** <br>4.250% due 09/25/2033 þ | 125 | 115 |
| **Equity One Mortgage Pass-Through Trust** <br>2.585% due 07/25/2034 •  | 4 | 4 |
| **First Franklin Mortgage Loan Trust**  |  |  |
| 4.499% due 12/25/2037 ~  | 46463 | 42680 |
| 4.509% due 11/25/2036 ~  | 39220 | 35459 |
| 4.639% due 06/25/2036 •  | 2505 | 2460 |
| 4.699% due 11/25/2036 ~  | 25256 | 20625 |
| 4.709% due 06/25/2036 •  | 11860 | 11472 |
| 5.064% due 11/25/2035 •  | 1648 | 1599 |
| 5.139% due 12/25/2035 •  | 18731 | 17704 |
| 6.264% due 07/25/2034 •  | 2771 | 2716 |
| **First NLC Trust**  |  |  |
| 4.529% due 08/25/2037 ~  | 26952 | 12776 |
| 4.669% due 08/25/2037 •  | 1472 | 698 |
| **FirstKey Homes Trust** <br>1.339% due 08/17/2037 | 3071 | 2747 |
| **Flagship Credit Auto Trust** <br>0.700% due 04/15/2025 | 3 | 3 |
| **Fremont Home Loan Trust**  |  |  |
| 4.524% due 10/25/2036 ~  | 33343 | 29433 |
| 4.529% due 01/25/2037 •  | 8377 | 4197 |
| 5.244% due 07/25/2034 ~  | 3706 | 3485 |
| **Gallatin CLO Ltd.** <br>5.169% due 07/15/2031 ~ | 11200 | 11007 |
| **GoldenTree Loan Management U.S. CLO Ltd.** <br>5.153% due 11/20/2030 •  | 1450 | 1432 |
| **Greystone Commercial Real Estate Notes Ltd.** <br>5.498% due 09/15/2037 •  | 1115 | 1098 |
| **GSAMP Trust**  |  |  |
| 3.354% due 10/25/2036 ^~  | 5064 | 52 |
| 4.529% due 12/25/2036 ~  | 837 | 453 |
| 4.839% due 06/25/2036 •  | 12928 | 10434 |
| 5.124% due 09/25/2035 ^~  | 8186 | 7988 |
| **Halseypoint CLO Ltd.**  |  |  |
| 5.343% due 07/20/2031 ~  | 10953 | 10785 |
| 5.865% due 11/30/2032 ~  | 6100 | 6023 |
| **HERA Commercial Mortgage Ltd.** <br>5.389% due 02/18/2038 ~ | 5200 | 5036 |
| **Home Equity Asset Trust**  |  |  |
| 4.989% due 11/25/2032 ~  | 4 | 3 |
| 5.289% due 12/25/2035 ~  | 13097 | 12840 |
| 5.304% due 03/25/2035 •  | 6082 | 5920 |
| 5.309% due 02/25/2033 ~  | 1 | 1 |
| **Home Equity Loan Trust** <br>4.579% due 04/25/2037 ~ | 3184 | 2986 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>4.549% due 07/25/2037 ~ | 88 | 48 |
| **Home Equity Mortgage Trust** <br>5.800% due 05/25/2036 ^þ | 38 | 37 |
| **HSI Asset Loan Obligation Trust** <br>4.136% due 12/25/2036 •  | 10 | 3 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **HSI** **Asset Securitization Corp. Trust**  |  |  |
| 4.929% due 12/25/2035 ~  | 1536 | 1520 |
| 4.974% (US0001M + 0.585%) due 01/25/2036 ~  | 2033 | 2001 |
| **IMC Home Equity Loan Trust** <br>7.310% due 11/20/2028 | 5 | 5 |
| **IndyMac Home Equity Mortgage Loan Asset-Backed Trust** <br>3.611% due 07/25/2034 •  | 283 | 272 |
| **IXIS Real Estate Capital Trust**  |  |  |
| 4.589% due 01/25/2037 ~  | 11354 | 4492 |
| 4.709% due 08/25/2036 •  | 22528 | 6397 |
| 4.849% due 01/25/2037 •  | 41477 | 16408 |
| **Jamestown CLO Ltd.** <br>5.419% due 04/15/2033 •  | 1000 | 984 |
| **JP Morgan Mortgage Acquisition Corp.**  |  |  |
| 5.019% due 05/25/2035 •  | 21779 | 19451 |
| 5.364% due 12/25/2035 •  | 5000 | 4473 |
| 6.189% due 07/25/2035 •  | 10000 | 8887 |
| **JP Morgan Mortgage Acquisition Trust**  |  |  |
| 4.549% due 08/25/2036 •  | 1 | 1 |
| 4.609% due 08/25/2036 •  | 611 | 430 |
| 4.669% due 03/25/2047 ~  | 1625 | 1492 |
| 4.689% due 03/25/2037 ~  | 3851 | 3608 |
| **KKR CLO Ltd.** <br>5.134% due 07/18/2030 ~ | 943 | 934 |
| **LCCM Trust** <br>5.768% due 11/15/2038 ~ | 15457 | 14850 |
| **LCM LP** <br>5.097% due 07/19/2027 ~ | 14629 | 14471 |
| **LCM Ltd.**  |  |  |
| 5.063% due 07/20/2030 •(g)  | 21072 | 20833 |
| 5.313% due 01/20/2031 ~  | 4580 | 4519 |
| **Lehman XS Trust**  |  |  |
| 4.849% due 03/25/2036 ~  | 7189 | 6856 |
| 4.869% due 03/25/2037 ~  | 12581 | 11334 |
| **Lendingpoint Asset Securitization Trust**  |  |  |
| 1.680% due 06/15/2029  | 2015 | 1993 |
| 4.770% due 10/15/2029  | 1967 | 1922 |
| **LendingPoint Pass-Through Trust** <br>5.700% due 07/15/2029 | 2223 | 2183 |
| **LMREC LLC** <br>5.436% due 04/22/2037 ~ | 3394 | 3363 |
| **LoanCore Issuer Ltd.** <br>4.722% due 07/15/2035 ~ | 656 | 637 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.549% due 11/25/2036 ~  | 13950 | 4346 |
| 4.689% due 05/25/2036 ~  | 14125 | 8220 |
| 4.689% due 09/25/2036 ~  | 1263 | 807 |
| 4.749% due 05/25/2046 ~  | 41996 | 14204 |
| 4.949% due 10/25/2034 •  | 415 | 381 |
| 5.009% due 08/25/2033 •  | 231 | 220 |
| 5.244% due 07/25/2034 ~  | 123 | 117 |
| 5.439% due 10/25/2034 ~  | 32 | 32 |
| 5.439% due 06/25/2035 •  | 11095 | 10745 |
| 5.814% due 03/25/2032 •  | 74 | 73 |
| **Lument Finance Trust, Inc.** <br>5.488% due 06/15/2039 ~ | 1000 | 977 |
| **Madison Park Funding Ltd.** <br>5.328% due 07/27/2031 ~ | 2400 | 2373 |
| **Marathon CLO Ltd.** <br>5.229% due 04/15/2029 •  | 4043 | 4018 |
| **Massachusetts Educational Financing Authority** <br>5.308% due 04/25/2038 •  | 208 | 207 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.649% due 08/25/2036 •  | 12304 | 6427 |
| 5.139% due 12/25/2034 ^•  | 319 | 304 |
| 5.214% due 10/25/2034 ~  | 533 | 503 |
| **MASTR Specialized Loan Trust** <br>5.239% due 05/25/2037 ~ | 247 | 38 |
| **Merrill Lynch First Franklin Mortgage Loan Trust** <br>7.389% due 10/25/2037 •  | 129 | 121 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.509% due 10/25/2037 ^~  | 6057 | 1017 |
| 4.549% due 09/25/2037 •  | 130 | 29 |
| 4.569% due 06/25/2037 •  | 647 | 175 |
| **MF1 Ltd.**  |  |  |
| 5.176% due 02/19/2037 ~  | 26425 | 25457 |
| 5.419% due 10/16/2036 •  | 25000 | 23984 |
| 5.426% due 07/16/2036 •  | 28718 | 27569 |
| 6.150% due 11/15/2035 ~  | 25407 | 25083 |
| 6.471% due 06/19/2037 •  | 16500 | 16267 |
| **MFA Trust** <br>2.363% due 03/25/2060 þ | 1722 | 1624 |
| **MKS CLO Ltd.** <br>5.243% due 07/20/2030 •(g) | 16847 | 16552 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.449% due 05/25/2037 ~  | 81 | 71 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.489% due 11/25/2036 •  | 8051 | 4020 |
| 4.519% due 01/25/2037 •  | 56275 | 23263 |
| 4.689% due 06/25/2036 •  | 516 | 449 |
| 4.729% due 03/25/2037 ~  | 20111 | 9097 |
| 4.869% due 06/25/2036 ~  | 6466 | 5685 |
| 4.884% due 03/25/2036 •  | 19069 | 16302 |
| 5.049% due 11/25/2035 •  | 7388 | 7015 |
| 5.069% due 08/25/2034 ~  | 827 | 757 |
| 5.274% due 11/25/2034 ~  | 1833 | 1709 |
| 6.389% due 07/25/2037 ^•  | 314 | 248 |
| **Morgan Stanley Capital, Inc. Trust**  |  |  |
| 4.929% due 03/25/2036 •  | 6258 | 5071 |
| 4.944% due 01/25/2036 •  | 7117 | 5318 |
| **Morgan Stanley Dean Witter Capital, Inc. Trust**  |  |  |
| 5.739% due 02/25/2033 •  | 40 | 39 |
| 6.864% due 01/25/2032 ~  | 88 | 129 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 4.709% due 11/25/2036 •  | 567 | 63 |
| 4.909% due 10/25/2036 •  | 1280 | 399 |
| **Mountain View CLO LLC** <br>5.169% due 10/16/2029 •  | 934 | 924 |
| **Mountain View CLO Ltd.** <br>5.199% due 07/15/2031 •  | 1500 | 1471 |
| **Nationstar Home Equity Loan Trust**  |  |  |
| 4.669% due 03/25/2037 ~  | 5632 | 5093 |
| 4.759% due 09/25/2036 ~  | 5483 | 4910 |
| **Navient Private Education Loan Trust**  |  |  |
| 2.650% due 12/15/2028  | 519 | 515 |
| 2.740% due 02/15/2029  | 17 | 17 |
| 3.910% due 12/15/2045  | 2797 | 2708 |
| 5.768% due 07/16/2040 •  | 3385 | 3338 |
| **Navient Private Education Refi Loan Trust**  |  |  |
| 1.310% due 01/15/2069  | 1987 | 1785 |
| 1.330% due 04/15/2069  | 594 | 506 |
| 1.690% due 05/15/2069  | 1386 | 1248 |
| 5.318% due 04/15/2069 ~  | 2137 | 2080 |
| **Navient Student Loan Trust** <br>5.439% due 12/27/2066 •  | 8917 | 8771 |
| **Nelnet Student Loan Trust**  |  |  |
| 5.189% due 09/25/2065 •  | 11396 | 11269 |
| 5.289% due 06/27/2067 ~  | 24652 | 24420 |
| **New Century Home Equity Loan Trust**  |  |  |
| 4.749% due 05/25/2036 •  | 104 | 101 |
| 5.064% due 02/25/2036 •  | 8978 | 8614 |
| **Newcastle Mortgage Securities Trust**  |  |  |
| 4.974% due 03/25/2036 ~  | 7406 | 7402 |
| 5.109% due 03/25/2036 •  | 7700 | 7195 |
| **Nomura Home Equity Loan, Inc. Home Equity Loan Trust** <br>4.884% due 03/25/2036 ~ | 8620 | 7948 |
| **NovaStar Mortgage Funding Trust**  |  |  |
| 4.489% due 03/25/2037 ~  | 11 | 4 |
| 5.124% due 01/25/2036 ~  | 25000 | 23248 |
| 5.169% due 05/25/2033 •  | 1 | 1 |
| **Octagon Investment Partners Ltd.** <br>5.049% due 04/15/2031 •  | 4040 | 3983 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.929% due 01/25/2036 •  | 25000 | 22148 |
| 5.169% due 02/25/2035 •  | 397 | 375 |
| 5.184% due 05/25/2034 ~  | 11 | 10 |
| **Option One Mortgage Loan Trust Asset-Backed Certificates** <br>4.853% due 08/20/2030 ~ | 1 | 1 |
| **OSD CLO Ltd.** <br>4.949% due 04/17/2031 ~ | 10760 | 10585 |
| **OZLM Ltd.**  |  |  |
| 5.089% due 07/17/2029 ~  | 1261 | 1247 |
| 5.099% due 04/15/2031 ~  | 4600 | 4486 |
| 5.493% due 07/20/2030 •  | 1888 | 1862 |
| 5.674% due 05/16/2030 ~  | 8613 | 8482 |
| **Pagaya AI Debt Selection Trust**  |  |  |
| 1.530% due 08/15/2029  | 15159 | 14624 |
| 2.030% due 10/15/2029  | 4303 | 4133 |
| 4.970% due 01/15/2030  | 3229 | 3182 |
| **Palmer Square Loan Funding Ltd.**  |  |  |
| 4.879% due 10/15/2029 ~  | 3878 | 3822 |
| 5.043% due 07/20/2029 ~  | 1973 | 1951 |
| 5.475% due 02/20/2028 •  | 548 | 544 |
| **Park Place Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.439% due 10/25/2034 •  | 7098 | 6949 |
| **Popular ABS Mortgage Pass-Through Trust** <br>3.375% due 01/25/2036 ^þ | 184 | 160 |
| **PRET LLC**  |  |  |
| 1.744% due 07/25/2051 þ  | 3549 | 3222 |
| 1.843% due 09/25/2051 þ  | 32261 | 28913 |
| 1.868% due 07/25/2051 þ  | 4498 | 3993 |
| 2.240% due 09/27/2060 þ  | 1025 | 939 |
| 2.487% due 07/25/2051 þ  | 7372 | 6846 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2.487% due 10/25/2051 ~  | 1321 | 1162 |
| 2.487% due 10/25/2051 þ  | 14576 | 13233 |
| 3.721% due 07/25/2051 þ  | 17111 | 16051 |
| 5.240% due 04/25/2052 þ  | 12294 | 11871 |
| 5.927% due 06/25/2052 þ  | 22113 | 21385 |
| **RAAC Trust**  |  |  |
| 4.899% due 02/25/2036 ~  | 100 | 99 |
| 8.139% due 12/25/2035 ~  | 1447 | 1434 |
| **Rad CLO Ltd.** <br>5.445% due 07/24/2032 ~ | 14400 | 14054 |
| **Regatta Funding Ltd.** <br>5.329% due 10/17/2030 ~ | 3400 | 3363 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 4.934% due 08/25/2035 þ  | 33 | 32 |
| 5.489% due 09/25/2037 •  | 600 | 285 |
| 5.589% due 08/25/2032 •  | 599 | 562 |
| 5.629% due 03/25/2033 •  | 9 | 9 |
| **Residential Asset Mortgage Products Trust**  |  |  |
| 4.929% due 02/25/2036 •  | 13559 | 12737 |
| 4.989% due 02/25/2036 ~  | 1696 | 1671 |
| 4.989% due 05/25/2036 ^•  | 13054 | 11796 |
| 5.169% due 09/25/2035 ~  | 2450 | 2275 |
| **Residential Asset Securities Corp. Trust**  |  |  |
| 4.649% due 07/25/2036 •  | 1449 | 1440 |
| 4.659% due 08/25/2036 •  | 5651 | 5451 |
| 4.969% due 06/25/2033 •  | 552 | 493 |
| 5.034% due 03/25/2035 •  | 23 | 23 |
| 5.034% due 01/25/2036 •  | 10295 | 9845 |
| 6.309% due 07/25/2035 ~  | 1645 | 1577 |
| 6.339% due 11/25/2034 •  | 2156 | 2021 |
| **SACO Trust**  |  |  |
| 4.749% due 05/25/2036 ~  | 127 | 150 |
| 5.139% due 07/25/2035 •  | 53 | 48 |
| **Salomon Mortgage Loan Trust** <br>4.798% due 11/25/2033 •  | 29 | 29 |
| **Saxon Asset Securities Trust**  |  |  |
| 2.047% due 03/25/2035 •  | 564 | 513 |
| 3.452% due 08/25/2035 •  | 4207 | 3982 |
| 4.629% due 05/25/2047 •  | 6550 | 4670 |
| 4.699% due 09/25/2037 •  | 921 | 866 |
| 6.139% due 12/25/2037 •  | 8890 | 8207 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.489% due 10/25/2036 ^•  | 4602 | 1639 |
| 4.569% due 05/25/2037 ~  | 23387 | 17688 |
| 4.689% due 12/25/2036 •  | 19936 | 12362 |
| 4.889% due 03/25/2036 ~  | 3578 | 2225 |
| 5.169% due 02/25/2034 •  | 1697 | 1634 |
| **SG Mortgage Securities Trust** <br>4.649% due 07/25/2036 •  | 49947 | 23516 |
| **Shenton Aircraft Investment Ltd.** <br>4.750% due 10/15/2042 | 7891 | 6136 |
| **SLC Student Loan Trust**  |  |  |
| 5.574% due 11/25/2042 ~  | 1047 | 1040 |
| 5.669% due 03/15/2023  | 3061 | 2972 |
| **SLM Private Credit Student Loan Trust** <br>5.099% due 06/15/2039 ~ | 1600 | 1519 |
| **SLM Student Loan Trust**  |  |  |
| 5.258% due 07/25/2023 ~  | 9218 | 9129 |
| 5.858% due 04/25/2023 ~  | 11587 | 11563 |
| 5.969% due 12/15/2033 •  | 16218 | 15916 |
| 6.058% due 07/25/2023 ~  | 6079 | 6021 |
| **SMB Private Education Loan Trust**  |  |  |
| 1.600% due 09/15/2054  | 21183 | 18835 |
| 2.880% due 09/15/2034  | 1071 | 1027 |
| 3.940% due 02/16/2055  | 18503 | 17120 |
| 4.436% due 09/15/2054 ~  | 8972 | 8623 |
| 4.668% due 02/16/2055 •  | 22312 | 21655 |
| **SoFi Professional Loan Program LLC**  |  |  |
| 2.370% due 11/16/2048  | 20430 | 18986 |
| 2.630% due 07/25/2040  | 3867 | 3796 |
| 2.740% due 05/25/2040  | 2158 | 2131 |
| **SoFi Professional Loan Program Trust** <br>1.950% due 02/15/2046 | 1411 | 1265 |
| **Sound Point CLO Ltd.**  |  |  |
| 5.223% due 10/20/2030 •  | 15300 | 15093 |
| 5.225% due 01/23/2029 ~  | 933 | 922 |
| 5.293% due 10/20/2028 •(g)  | 15638 | 15514 |
| 5.315% due 01/23/2029 •  | 3015 | 2999 |
| 5.338% due 07/25/2030 •(g)  | 30500 | 30043 |
| 5.344% due 04/18/2031 •  | 10400 | 10177 |
| 5.363% due 01/21/2031 •  | 7000 | 6835 |
| 5.427% due 07/26/2031 •  | 8300 | 8081 |
| **Soundview Home Loan Trust**  |  |  |
| 4.469% due 06/25/2037 ~  | 3704 | 2653 |
| 4.559% due 07/25/2037 ~  | 29791 | 25104 |
| 4.559% due 08/25/2037 •  | 24472 | 21031 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.639% due 08/25/2037 •  | 3000 | 2521 |
| 5.094% due 11/25/2035 •  | 2148 | 2089 |
| 5.289% due 10/25/2037 •  | 68149 | 53215 |
| 5.389% due 09/25/2037 •  | 8235 | 5763 |
| 5.689% due 11/25/2033 •  | 13 | 13 |
| **Specialty Underwriting & Residential Finance Trust**  |  |  |
| 4.619% (US0001M + 0.230%) due 04/25/2037 ~  | 5175 | 3690 |
| 4.669% due 06/25/2037 •  | 31904 | 28538 |
| 4.689% due 06/25/2037 •  | 18986 | 11274 |
| 5.289% due 06/25/2036 ~  | 12965 | 12210 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 5.154% due 08/25/2035 ~  | 796 | 754 |
| 5.364% due 09/25/2034 ~  | 1 | 1 |
| 5.664% due 12/25/2034 •  | 813 | 779 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |
| 4.544% due 09/25/2036 ~  | 7058 | 4462 |
| 4.549% due 01/25/2037 ~  | 5603 | 5335 |
| 4.649% due 05/25/2047 •  | 13716 | 10640 |
| 5.514% due 04/25/2035 ~  | 884 | 870 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates** <br>3.375% due 08/25/2031 | 12 | 12 |
| **TCI-Symphony CLO Ltd.** <br>4.961% due 10/13/2032 •  | 13200 | 12910 |
| **TCW CLO Ltd.** <br>5.328% due 04/25/2031 ~(g) | 21700 | 21369 |
| **Theorem Funding Trust** <br>1.850% due 02/15/2028 | 2339 | 2282 |
| **THL Credit Wind River CLO Ltd.**  |  |  |
| 5.159% due 04/15/2031 ~  | 12300 | 11970 |
| 5.219% due 01/15/2031 ~  | 1260 | 1242 |
| **TICP CLO Ltd.** <br>5.157% due 04/26/2028 ~ | 2161 | 2151 |
| **Towd Point Mortgage Trust** <br>3.000% due 11/25/2058 ~ | 1309 | 1285 |
| **TPG Real Estate Finance Issuer Ltd.** <br>5.458% due 02/15/2039 ~ | 6500 | 6350 |
| **Tricon American Homes**  |  |  |
| 1.499% due 07/17/2038  | 26446 | 22979 |
| 2.049% due 07/17/2038  | 5280 | 4642 |
| 2.249% due 07/17/2038  | 3300 | 2874 |
| **TruPS Financials Note Securitization Ltd.** <br>6.316% due 09/20/2039 •  | 15428 | 14657 |
| **UCFC Manufactured Housing Contract** <br>7.900% due 01/15/2028 ^~ | 86 | 76 |
| **Upstart Pass-Through Trust Series** <br>3.800% due 04/20/2030 | 4450 | 4138 |
| **Upstart Securitization Trust**  |  |  |
| 3.120% due 03/20/2032  | 8443 | 8139 |
| 4.370% due 05/20/2032  | 10482 | 10251 |
| **Upstart Structured Pass-Through Trust** <br>4.250% due 06/17/2030 | 1269 | 1215 |
| **Venture CLO Ltd.**  |  |  |
| 4.959% due 07/15/2027 •  | 815 | 817 |
| 5.139% due 07/15/2031 ~  | 2000 | 1972 |
| 5.143% due 10/20/2028 •  | 5872 | 5800 |
| 5.263% due 04/20/2029 ~  | 2079 | 2058 |
| 5.293% due 07/20/2030 ~  | 9693 | 9470 |
| 5.343% due 01/20/2029 •  | 13819 | 13659 |
| 5.575% due 07/30/2032 •  | 12900 | 12504 |
| 5.596% due 09/07/2030 •  | 10900 | 10701 |
| 5.766% due 08/28/2029 •  | 13350 | 13213 |
| **Vibrant CLO Ltd.** <br>5.696% due 06/20/2029 •  | 785 | 775 |
| **VMC Finance LLC** <br>5.426% due 09/15/2036 ~ | 127 | 123 |
| **Voya CLO Ltd.**  |  |  |
| 5.079% due 10/15/2030 •  | 8000 | 7858 |
| 5.139% due 04/15/2031 •  | 5000 | 4927 |
| **Washington Mutual Asset-Backed Certificates Trust** <br>3.816% due 10/25/2036 •  | 81 | 31 |
| **Wellfleet CLO Ltd.**  |  |  |
| 5.133% due 07/20/2029 •  | 874 | 862 |
| 5.153% due 04/20/2028 •  | 3133 | 3111 |
| 5.303% due 10/20/2029 •  | 3950 | 3908 |
| **Wells Fargo Home Equity Asset-Backed Securities Trust**  |  |  |
| 4.734% due 01/25/2037 •  | 6397 | 6124 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.964% due 02/25/2035 ~  | 38 | 38 |
| Total Asset-Backed Securities (Cost $2,795,040) |  | 2637356 |
| **SHORT-TERM INSTRUMENTS 1.0%**  |  |  |
| **REPURCHASE AGREEMENTS (f) 0.7%** |  | 28600 |
| **U.S. TREASURY BILLS 0.3%**  |  |  |
| 3.932% due 01/10/2023 - 03/23/2023 (c)(d)(k) | 14544 | 14457 |
| Total Short-Term Instruments (Cost $43,059) |  | 43057 |
| Total Investments in Securities (Cost $5,716,082) |  | 5437224 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 6.7%**  |  |  |
| **SHORT-TERM INSTRUMENTS 6.7%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 6.7%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 29012428 | 281885 |
| Total Short-Term Instruments (Cost $281,794) |  | 281885 |
| Total Investments in Affiliates (Cost $281,794) |  | 281885 |
| Total Investments 136.3% (Cost $5,997,876) |  | $5719109 |
| **Financial Derivative Instruments (h)(j) (0.1)**%(Cost or Premiums, net $9,787) |  | (5651) |
| Other Assets and Liabilities, net (36.2)% |  | (1517120) |
| Net Assets 100.0% |  | $4196338 |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| þ | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(f)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | 01/03/2023 | &nbsp;&nbsp; U.S. Treasury Bonds 2.875% due 05/15/2049 | &nbsp;&nbsp; U.S. Treasury Bonds 2.875% due 05/15/2049 | &nbsp;&nbsp; U.S. Treasury Bonds 2.875% due 05/15/2049 | &nbsp;&nbsp; U.S. Treasury Bonds 2.875% due 05/15/2049 | (29089) | 28600 | 28600 | $28613 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  | **(29089)** | **28600** | **28600** | $**28613** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| JML | JML | 4.252%  | 10/06/2022 | 01/03/2023 | 01/03/2023 | (42253) | (42253) | (42697) | (42697) |
|  |  | 4.252  | 11/21/2022 | 01/03/2023 | 01/03/2023 | (37863) | (37863) | (38056) | (38056) |
|  |  | 4.252  | 12/06/2022 | 01/03/2023 | 01/03/2023 | (13399) | (13399) | (13443) | (13443) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  | **(94196)** | **(94196)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Sale-Buyback<br>Transactions | Payable for<br>Sale-Buyback<br>Transactions |
| BPG | BPG | (1.500)%  | 12/30/2022 | 01/03/2023 | 01/03/2023 | (28745) | (28745) | (28741) | (28741) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  |  | **(28741)** | **(28741)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% | U.S. Government Agencies (3.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 01/01/2053 | $ | $ | (153819) | (153819) | $(151235) |
| **Total Short Sales (3.6)%** | **Total Short Sales (3.6)%** | **Total Short Sales (3.6)%** | **Total Short Sales (3.6)%** |  |  | **$** | **(153819)** | **(153819)** | $**(151235)** |
| **(g)** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $130,950 and cash of $1,208 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(35161) at a weighted average interest rate of 4.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CME 3-Month SOFR Active Contract December 2023 Futures  | Put - CME 3-Month SOFR Active Contract December 2023 Futures  | Put - CME 3-Month SOFR Active Contract December 2023 Futures  | Put - CME 3-Month SOFR Active Contract December 2023 Futures  | Put - CME 3-Month SOFR Active Contract December 2023 Futures  | Put - CME 3-Month SOFR Active Contract December 2023 Futures  | $96.500 | 96.500 | 12/15/2023 | 75 | 75 | $188 | 188 | (70) | (70) | $ | (228) |
| Call - CME 3-Month SOFR Active Contract December 2023 Futures  | Call - CME 3-Month SOFR Active Contract December 2023 Futures  | Call - CME 3-Month SOFR Active Contract December 2023 Futures  | Call - CME 3-Month SOFR Active Contract December 2023 Futures  | Call - CME 3-Month SOFR Active Contract December 2023 Futures  | Call - CME 3-Month SOFR Active Contract December 2023 Futures  | 98.000 | 98.000 | 12/15/2023 | 75 | 75 | 188 | 188 | (61) | (61) |  | (6) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(131)** | **(131)** | **$** | **(234)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | 03/2023 | 809 | 809 | 165908 | 165908 |  | $109 | 109 | 109 | 0 | 0 | 0 | (126) |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 03/2023 | 257 | 257 | 34518 | 34518 |  | (880) | (880) | (880) | 0 | 0 | 0 | (129) |
|  |  |  |  |  |  |  |  |  | $ | (771) | (771) | $ | 0 | 0 | $ | (255) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2024 | 188 | 188 | (44871) | (44871) |  | $869 | 869 | 869 | 21 | 21 | 21 | 0 |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2025 | 97 | 97 | (23440) | (23440) |  | 266 | 266 | 266 | 0 | 0 | 0 | (9) |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2026 | 104 | 104 | (25173) | (25173) |  | 267 | 267 | 267 | 0 | 0 | 0 | (10) |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2024 | 122 | 122 | (29350) | (29350) |  | 416 | 416 | 416 | 3 | 3 | 3 | 0 |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2025 | 99 | 99 | (23956) | (23956) |  | 258 | 258 | 258 | 0 | 0 | 0 | (10) |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2024 | 163 | 163 | (39063) | (39063) |  | 651 | 651 | 651 | 12 | 12 | 12 | 0 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2025 | 89 | 89 | (21526) | (21526) |  | 237 | 237 | 237 | 0 | 0 | 0 | (9) |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2026 | 99 | 99 | (23960) | (23960) |  | 250 | 250 | 250 | 0 | 0 | 0 | (10) |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2024 | 114 | 114 | (27503) | (27503) |  | 338 | 338 | 338 | 0 | 0 | 0 | (4) |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2025 | 81 | 81 | (19605) | (19605) |  | 207 | 207 | 207 | 0 | 0 | 0 | (8) |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 03/2023 | 172 | 172 | (18564) | (18564) |  | (3) | (3) | (3) | 15 | 15 | 15 | 0 |
| U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | 03/2023 | 4553 | 4553 | (511288) | (511288) |  | 2960 | 2960 | 2960 | 640 | 640 | 640 | 0 |
| U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | 03/2023 | 760 | 760 | (95261) | (95261) |  | (13) | (13) | (13) | 119 | 119 | 119 | 0 |
|  |  |  |  |  |  |  |  |  | $ | 6703 | 6703 | $ | 810 | 810 | $ | (60) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **$** | **5932** | **5932** | **$** | **810** | **810** | **$** | **(315)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive<sup>(1)</sup> | 2.450% | Annual | 12/20/2024 | 12/20/2024 | $197400 | 197400 | $(14) | (14) | $ | 2953 | 2953 | 2939 | 2939 | $101 | 101 | $0 |
| Receive<sup>(1)</sup> | 2.350 | Annual | 01/17/2025 | 01/17/2025 | 98200 | 98200 | 11 | 11 |  | 1444 | 1444 | 1455 | 1455 | 36 | 36 | 0 |
| Receive<sup>(1)</sup> | 2.300 | Annual | 01/17/2026 | 01/17/2026 | 15800 | 15800 | 7 | 7 |  | 370 | 370 | 377 | 377 | 15 | 15 | 0 |
| Pay | 1.573 | Annual | 02/28/2027 | 02/28/2027 | 6800 | 6800 | (12) | (12) |  | (599) | (599) | (611) | (611) | 0 | 0 | (13) |
| Pay | 1.928 | Annual | 03/25/2027 | 03/25/2027 | 11500 | 11500 | (24) | (24) |  | (843) | (843) | (867) | (867) | 0 | 0 | (22) |
| Pay | 1.620 | Annual | 04/18/2027 | 04/18/2027 | 10700 | 10700 | (34) | (34) |  | (945) | (945) | (979) | (979) | 0 | 0 | (21) |
| Pay | 1.783 | Annual | 04/22/2027 | 04/22/2027 | 8000 | 8000 | (28) | (28) |  | (646) | (646) | (674) | (674) | 0 | 0 | (16) |
| Pay | 1.788 | Annual | 05/03/2027 | 05/03/2027 | 8100 | 8100 | (28) | (28) |  | (659) | (659) | (687) | (687) | 0 | 0 | (16) |
| Receive | 1.000 | Annual | 06/15/2027 | 06/15/2027 | 12600 | 12600 | 501 | 501 |  | 1059 | 1059 | 1560 | 1560 | 26 | 26 | 0 |
| Pay | 2.250 | Annual | 06/17/2027 | 06/17/2027 | 17800 | 17800 | (71) | (71) |  | (1110) | (1110) | (1181) | (1181) | 0 | 0 | (36) |
| Pay | 2.370 | Annual | 06/21/2027 | 06/21/2027 | 12300 | 12300 | (50) | (50) |  | (700) | (700) | (750) | (750) | 0 | 0 | (25) |
| Pay | 2.605 | Annual | 06/28/2027 | 06/28/2027 | 12100 | 12100 | (61) | (61) |  | (550) | (550) | (611) | (611) | 0 | 0 | (24) |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.850 | Annual | 08/30/2027 | 11700 | (58) | (425) | (483) | 0 | (24) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.050 | Annual | 09/07/2027 | 5900 | (30) | (161) | (191) | 0 | (12) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.450 | Annual | 10/04/2027 | 16870 | 0 | 1014 | 1014 | 35 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.900 | Annual | 10/04/2027 | 48200 | (351) | (1559) | (1910) | 0 | (99) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.955 | Annual | 10/04/2027 | 10700 | (75) | (322) | (397) | 0 | (22) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/13/2027 | 10700 | (25) | 30 | 5 | 22 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.618 | Annual | 02/09/2029 | 102000 | (244) | (11322) | (11566) | 0 | (250) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.888 | Annual | 03/22/2029 | 8500 | (23) | (824) | (847) | 0 | (21) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.185 | Annual | 04/21/2029 | 7400 | (19) | (597) | (616) | 0 | (18) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.000 | Annual | 06/15/2029 | 4100 | (165) | (495) | (660) | 0 | (11) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2029 | 6660 | (716) | (45) | (761) | 0 | (13) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.050 | Annual | 09/08/2029 | 5900 | (37) | (176) | (213) | 0 | (15) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.100 | Annual | 09/09/2029 | 5900 | (37) | (158) | (195) | 0 | (15) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.650 | Annual | 02/08/2032 | 6400 | (24) | (933) | (957) | 0 | (23) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.770 | Annual | 02/14/2032 | 5700 | (20) | (776) | (796) | 0 | (20) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.730 | Annual | 02/24/2032 | 6100 | (23) | (855) | (878) | 0 | (22) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.765 | Annual | 03/16/2032 | 2100 | (10) | (289) | (299) | 0 | (7) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.817 | Annual | 04/05/2032 | 23300 | (115) | (3136) | (3251) | 0 | (82) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.872 | Annual | 04/06/2032 | 11800 | (61) | (1531) | (1592) | 0 | (41) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.250 | Annual | 06/15/2032 | 71100 | (5283) | (8419) | (13702) | 0 | (210) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2032 | 51180 | (2503) | (5176) | (7679) | 0 | (168) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.680 | Annual | 07/11/2032 | 1100 | (15) | (64) | (79) | 0 | (4) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.690 | Annual | 07/11/2032 | 1100 | (15) | (63) | (78) | 0 | (4) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.050 | Annual | 09/06/2032 | 8900 | (74) | (307) | (381) | 0 | (31) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.610 | Annual | 12/12/2032 | 4300 | (20) | 3 | (17) | 15 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.350 | Annual | 12/14/2032 | 2100 | (9) | 46 | 37 | 7 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2052 | 174500 | 20937 | 27847 | 48784 | 714 | 0 |
| Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 06/15/2023 | 42500 | 434 | 207 | 641 | 19 | 0 |
| Pay | 3-Month USD-LIBOR | 1.270 | Semi-Annual | 11/04/2023 | 363700 | (2647) | (10813) | (13460) | 0 | (209) |
| Pay | 3-Month USD-LIBOR | 1.000 | Semi-Annual | 01/26/2024 | 10800 | (12) | (486) | (498) | 0 | (7) |
| Pay<sup>(1)</sup> | 3-Month USD-LIBOR | 1.700 | Semi-Annual | 03/06/2024 | 99000 | (123) | (3151) | (3274) | 0 | (47) |
| Receive | 3-Month USD-LIBOR | 0.928 | Semi-Annual | 05/06/2026 | 10100 | (14) | 1108 | 1094 | 15 | 0 |
| Pay | 3-Month USD-LIBOR | 0.500 | Semi-Annual | 06/16/2026 | 69500 | (2078) | (6339) | (8417) | 0 | (122) |
| Receive | 3-Month USD-LIBOR | 3.000 | Semi-Annual | 06/19/2026 | 176400 | (6234) | 13333 | 7099 | 280 | 0 |
| Receive | 3-Month USD-LIBOR | 1.250 | Semi-Annual | 12/15/2026 | 2500 | (54) | 321 | 267 | 4 | 0 |
| Receive | 3-Month USD-LIBOR | 1.750 | Semi-Annual | 12/21/2026 | 105400 | 6093 | 3190 | 9283 | 171 | 0 |
| Pay | 3-Month USD-LIBOR | 1.380 | Semi-Annual | 01/04/2027 | 14500 | (33) | (1469) | (1502) | 0 | (21) |
| Pay | 3-Month USD-LIBOR | 1.570 | Semi-Annual | 01/12/2027 | 5300 | (11) | (496) | (507) | 0 | (7) |
| Pay | 3-Month USD-LIBOR | 1.425 | Semi-Annual | 01/18/2027 | 10200 | (26) | (1016) | (1042) | 0 | (14) |
| Pay | 3-Month USD-LIBOR | 1.418 | Semi-Annual | 01/20/2027 | 5000 | (8) | (504) | (512) | 0 | (7) |
| Pay | 3-Month USD-LIBOR | 1.580 | Semi-Annual | 02/16/2027 | 10400 | (28) | (968) | (996) | 0 | (16) |
| Receive | 3-Month USD-LIBOR | 1.500 | Semi-Annual | 06/21/2027 | 13600 | 1179 | 258 | 1437 | 25 | 0 |
| Pay | 3-Month USD-LIBOR | 0.500 | Semi-Annual | 06/16/2028 | 62849 | (3257) | (7547) | (10804) | 0 | (124) |
| Pay | 3-Month USD-LIBOR | 1.265 | Semi-Annual | 09/28/2028 | 8100 | (16) | (1080) | (1096) | 0 | (16) |
| Pay | 3-Month USD-LIBOR | 1.500 | Semi-Annual | 12/15/2028 | 35446 | 706 | (5363) | (4657) | 0 | (75) |
| Receive | 3-Month USD-LIBOR | 1.379 | Semi-Annual | 12/22/2028 | 7800 | (18) | 1090 | 1072 | 16 | 0 |
| Pay | 3-Month USD-LIBOR | 1.518 | Semi-Annual | 01/20/2029 | 3000 | (7) | (389) | (396) | 0 | (5) |
| Pay | 3-Month USD-LIBOR | 1.630 | Semi-Annual | 01/26/2029 | 5100 | (13) | (626) | (639) | 0 | (9) |
| Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 12/10/2029 | 14800 | (25) | 1761 | 1736 | 33 | 0 |
| Receive | 3-Month USD-LIBOR | 1.500 | Semi-Annual | 12/18/2029 | 11800 | 367 | 1373 | 1740 | 27 | 0 |
| Receive | 3-Month USD-LIBOR | 1.750 | Semi-Annual | 01/15/2030 | 49400 | (587) | 7120 | 6533 | 98 | 0 |
| Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 02/12/2030 | 28600 | (505) | 3830 | 3325 | 61 | 0 |
| Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 03/10/2030 | 14100 | (13) | 1639 | 1626 | 32 | 0 |
| Receive | 3-Month USD-LIBOR | 1.250 | Semi-Annual | 06/17/2030 | 320180 | 13563 | 41369 | 54932 | 730 | 0 |
| Receive | 3-Month USD-LIBOR | 1.000 | Semi-Annual | 12/16/2030 | 9102 | 40 | 1761 | 1801 | 21 | 0 |
| Pay | 3-Month USD-LIBOR | 0.750 | Semi-Annual | 06/16/2031 | 44422 | (3914) | (6112) | (10026) | 0 | (105) |
| Receive | 3-Month USD-LIBOR | 1.405 | Semi-Annual | 09/07/2031 | 10100 | (49) | 1862 | 1813 | 24 | 0 |
| Pay | 3-Month USD-LIBOR | 1.500 | Semi-Annual | 10/05/2031 | 6100 | (18) | (1081) | (1099) | 0 | (14) |
| Pay | 3-Month USD-LIBOR | 1.535 | Semi-Annual | 10/15/2031 | 6100 | (14) | (1070) | (1084) | 0 | (13) |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.535 | Semi-Annual | Semi-Annual | 10/22/2031 | 4000 | 4000 | (11) | (11) |  | (701) | (701) |  | (712) | (712) |  | 0 |  | (9) |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.545 | Semi-Annual | Semi-Annual | 10/26/2031 | 4000 | 4000 | (11) | (11) |  | (698) | (698) |  | (709) | (709) |  | 0 |  | (9) |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.735 | Semi-Annual | Semi-Annual | 01/12/2032 | 4000 | 4000 | (13) | (13) |  | (633) | (633) |  | (646) | (646) |  | 0 |  | (9) |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.655 | Semi-Annual | Semi-Annual | 01/24/2032 | 5000 | 5000 | (17) | (17) |  | (826) | (826) |  | (843) | (843) |  | 0 |  | (11) |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.768 | Semi-Annual | Semi-Annual | 02/02/2032 | 3800 | 3800 | (14) | (14) |  | (590) | (590) |  | (604) | (604) |  | 0 |  | (7) |
| Receive | Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.988 | Semi-Annual | Semi-Annual | 02/09/2032 | 1900 | 1900 | 12 | 12 |  | 257 | 257 |  | 269 | 269 |  | 4 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 2.008 | Semi-Annual | Semi-Annual | 02/09/2032 | 3100 | 3100 | 14 | 14 |  | 420 | 420 |  | 434 | 434 |  | 7 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.524 | Semi-Annual | Semi-Annual | 01/19/2051 | 23500 | 23500 | (187) | (187) |  | (8336) | (8336) |  | (8523) | (8523) |  | 0 |  | (106) |
| Receive | Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.250 | Semi-Annual | Semi-Annual | 06/16/2051 | 65800 | 65800 | 13168 | 13168 |  | 14033 | 14033 |  | 27201 | 27201 |  | 368 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.967 | Semi-Annual | Semi-Annual | 06/23/2051 | 22900 | 22900 | (172) | (172) |  | 6669 | 6669 |  | 6497 | 6497 |  | 114 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.968 | Semi-Annual | Semi-Annual | 06/23/2051 | 69000 | 69000 | (522) | (522) |  | 20086 | 20086 |  | 19564 | 19564 |  | 344 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.815 | Semi-Annual | Semi-Annual | 01/24/2052 | 1000 | 1000 | (8) | (8) |  | (304) | (304) |  | (312) | (312) |  | 0 |  | (5) |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.867 | Semi-Annual | Semi-Annual | 01/26/2052 | 1000 | 1000 | (9) | (9) |  | (293) | (293) |  | (302) | (302) |  | 0 |  | (5) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **26090** | **26090** | $**51877** | **51877** | **51877** | $**77967** | **77967** | **77967** | $**3364** | **3364** | $**(2257)** | **(2257)** |
| **(i)** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $7,897 and cash of $37,316 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(j)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Counterparty | Description | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| BOA | BOA | BOA | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.150% | 2.150% | 12/01/2023 | 12/01/2023 | 12/01/2023 | 7700 | 7700 | 7700 | $(24) | (24) | (24) | (5) | (5) |
|  |  |  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.650 | 3.650 | 12/01/2023 | 12/01/2023 | 12/01/2023 | 7700 | 7700 | 7700 | (24) | (24) | (24) | (58) | (58) |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.000 | 3.000 | 01/19/2023 | 01/19/2023 | 01/19/2023 | 2500 | 2500 | 2500 | (11) | (11) | (11) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.500 | 3.500 | 01/19/2023 | 01/19/2023 | 01/19/2023 | 2500 | 2500 | 2500 | (11) | (11) | (11) | (30) | (30) |
| BPS | BPS | BPS | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.150 | 3.150 | 01/09/2023 | 01/09/2023 | 01/09/2023 | 4900 | 4900 | 4900 | (17) | (17) | (17) | 0 | 0 |
|  |  |  | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.650 | 3.650 | 01/09/2023 | 01/09/2023 | 01/09/2023 | 4900 | 4900 | 4900 | (17) | (17) | (17) | (30) | (30) |
|  |  |  | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.270 | 3.270 | 01/23/2023 | 01/23/2023 | 01/23/2023 | 2400 | 2400 | 2400 | (6) | (6) | (6) | (2) | (2) |
|  |  |  | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.770 | 3.770 | 01/23/2023 | 01/23/2023 | 01/23/2023 | 2400 | 2400 | 2400 | (6) | (6) | (6) | (12) | (12) |
| BRC | BRC | BRC | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.200 | 3.200 | 01/12/2023 | 01/12/2023 | 01/12/2023 | 5100 | 5100 | 5100 | (16) | (16) | (16) | (1) | (1) |
|  |  |  | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.800 | 3.800 | 01/12/2023 | 01/12/2023 | 01/12/2023 | 5100 | 5100 | 5100 | (16) | (16) | (16) | (17) | (17) |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.000 | 3.000 | 01/19/2023 | 01/19/2023 | 01/19/2023 | 2500 | 2500 | 2500 | (11) | (11) | (11) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.500 | 3.500 | 01/19/2023 | 01/19/2023 | 01/19/2023 | 2500 | 2500 | 2500 | (11) | (11) | (11) | (30) | (30) |
| CBK | CBK | CBK | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.690 | 2.690 | 04/02/2024 | 04/02/2024 | 04/02/2024 | 2100 | 2100 | 2100 | (17) | (17) | (17) | (6) | (6) |
|  |  |  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.690 | 2.690 | 04/02/2024 | 04/02/2024 | 04/02/2024 | 2100 | 2100 | 2100 | (16) | (16) | (16) | (26) | (26) |
|  |  |  | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.150 | 3.150 | 01/09/2023 | 01/09/2023 | 01/09/2023 | 5100 | 5100 | 5100 | (18) | (18) | (18) | 0 | 0 |
|  |  |  | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.650 | 3.650 | 01/09/2023 | 01/09/2023 | 01/09/2023 | 5100 | 5100 | 5100 | (18) | (18) | (18) | (31) | (31) |
| DUB | DUB | DUB | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.920 | 2.920 | 10/13/2023 | 10/13/2023 | 10/13/2023 | 4900 | 4900 | 4900 | (30) | (30) | (30) | (5) | (5) |
|  |  |  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.920 | 2.920 | 10/13/2023 | 10/13/2023 | 10/13/2023 | 4900 | 4900 | 4900 | (30) | (30) | (30) | (67) | (67) |
| FAR | FAR | FAR | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.688 | 2.688 | 04/02/2024 | 04/02/2024 | 04/02/2024 | 4200 | 4200 | 4200 | (33) | (33) | (33) | (12) | (12) |
|  |  |  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.688 | 2.688 | 04/02/2024 | 04/02/2024 | 04/02/2024 | 4200 | 4200 | 4200 | (33) | (33) | (33) | (53) | (53) |
|  |  |  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.781 | 2.781 | 04/05/2024 | 04/05/2024 | 04/05/2024 | 4800 | 4800 | 4800 | (37) | (37) | (37) | (16) | (16) |
|  |  |  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.781 | 2.781 | 04/05/2024 | 04/05/2024 | 04/05/2024 | 4800 | 4800 | 4800 | (37) | (37) | (37) | (57) | (57) |
| GLM | GLM | GLM | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.920 | 2.920 | 10/13/2023 | 10/13/2023 | 10/13/2023 | 4900 | 4900 | 4900 | (30) | (30) | (30) | (5) | (5) |
|  |  |  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.920 | 2.920 | 10/13/2023 | 10/13/2023 | 10/13/2023 | 4900 | 4900 | 4900 | (30) | (30) | (30) | (67) | (67) |
|  |  |  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.018 | 3.018 | 10/20/2023 | 10/20/2023 | 10/20/2023 | 3900 | 3900 | 3900 | (25) | (25) | (25) | (5) | (5) |
|  |  |  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.018 | 3.018 | 10/20/2023 | 10/20/2023 | 10/20/2023 | 3900 | 3900 | 3900 | (25) | (25) | (25) | (50) | (50) |
|  |  |  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.140 | 3.140 | 10/23/2023 | 10/23/2023 | 10/23/2023 | 3900 | 3900 | 3900 | (27) | (27) | (27) | (6) | (6) |
|  |  |  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.140 | 3.140 | 10/23/2023 | 10/23/2023 | 10/23/2023 | 3900 | 3900 | 3900 | (27) | (27) | (27) | (46) | (46) |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.190 | 3.190 | 10/23/2023 | 3900 | (27) | (6) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.190 | 3.190 | 10/23/2023 | 3900 | (27) | (45) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.225 | 3.225 | 10/23/2023 | 3900 | (27) | (6) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.225 | 3.225 | 10/23/2023 | 3900 | (27) | (44) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.973 | 2.973 | 10/25/2023 | 4100 | (28) | (5) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.973 | 2.973 | 10/25/2023 | 4100 | (28) | (54) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.841 | 2.841 | 10/27/2023 | 4200 | (29) | (5) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.841 | 2.841 | 10/27/2023 | 4200 | (29) | (59) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.088 | 3.088 | 11/03/2023 | 4200 | (30) | (6) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.088 | 3.088 | 11/03/2023 | 4200 | (30) | (50) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.910 | 2.910 | 11/10/2023 | 3900 | (26) | (5) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.910 | 2.910 | 11/10/2023 | 3900 | (26) | (51) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.250 | 2.250 | 11/17/2023 | 5100 | (19) | (4) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.750 | 3.750 | 11/17/2023 | 5100 | (19) | (36) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.150 | 2.150 | 11/20/2023 | 5100 | (18) | (3) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.650 | 3.650 | 11/20/2023 | 5100 | (18) | (40) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.250 | 2.250 | 12/07/2023 | 7700 | (24) | (6) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.750 | 3.750 | 12/07/2023 | 7700 | (24) | (53) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.697 | 2.697 | 04/02/2024 | 8300 | (65) | (25) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.697 | 2.697 | 04/02/2024 | 8300 | (65) | (104) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.721 | 2.721 | 04/08/2024 | 4100 | (31) | (13) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.721 | 2.721 | 04/08/2024 | 4100 | (31) | (50) |
| JPM | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.200 | 3.200 | 01/12/2023 | 3700 | (11) | 0 |
|  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.800 | 3.800 | 01/12/2023 | 3700 | (11) | (12) |
| MYC | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.993 | 2.993 | 10/11/2023 | 4100 | (28) | (5) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.993 | 2.993 | 10/11/2023 | 4100 | (28) | (56) |
| NGF | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.020 | 3.020 | 11/06/2023 | 3900 | (25) | (6) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.020 | 3.020 | 11/06/2023 | 3900 | (25) | (48) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.845 | 2.845 | 11/13/2023 | 2500 | (16) | (3) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.845 | 2.845 | 11/13/2023 | 2500 | (16) | (34) |
|  |  |  |  |  |  |  |  | $(1411) | $(1473) |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | $99.813 | 99.813 | 02/06/2023 | 02/06/2023 | 1100 | $(7) | $(7) |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 100.000 | 100.000 | 02/06/2023 | 02/06/2023 | 800 | (5) | (6) |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 101.813 | 101.813 | 02/06/2023 | 02/06/2023 | 1100 | (7) | (2) |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 102.000 | 102.000 | 02/06/2023 | 02/06/2023 | 800 | (5) | (1) |
| JPM | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | 97.000 | 97.000 | 03/06/2023 | 03/06/2023 | 2900 | (25) | (45) |
|  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | 97.156 | 97.156 | 03/06/2023 | 03/06/2023 | 2900 | (25) | (47) |
|  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | 99.000 | 99.000 | 03/06/2023 | 03/06/2023 | 2900 | (21) | (7) |
|  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | 99.156 | 99.156 | 03/06/2023 | 03/06/2023 | 2900 | (21) | (6) |
|  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | 98.766 | 98.766 | 03/06/2023 | 03/06/2023 | 2800 | (24) | (38) |
|  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | 100.766 | 100.766 | 03/06/2023 | 03/06/2023 | 2800 | (20) | (9) |
| SAL | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | 97.578 | 97.578 | 03/06/2023 | 03/06/2023 | 1500 | (12) | (14) |
|  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | 99.578 | 99.578 | 03/06/2023 | 03/06/2023 | 1500 | (11) | (11) |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 99.750 | 99.750 | 02/06/2023 | 02/06/2023 | 9000 | (64) | (55) |

---

------

<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  |  | 100.000 | 100.000 | 02/06/2023 | 02/06/2023 |  | 2500 |  | (17) | (17) | (18) | (18) | (18) |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  |  | 101.750 | 101.750 | 02/06/2023 | 02/06/2023 |  | 9000 |  | (52) | (52) | (21) | (21) | (21) |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  |  | 102.000 | 102.000 | 02/06/2023 | 02/06/2023 |  | 2500 |  | (15) | (15) | (4) | (4) | (4) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (331) | (331) | $(291) | (291) | (291) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(1742)** | **(1742)** | $**(1764)** | **(1764)** | **(1764)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Counterparty | Counterparty | Reference Obligation | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| BOA | BOA | Long Beach Mortgage Loan Trust 6.584% due 07/25/2033  | 6.250% | 6.250% | Monthly | Monthly | 07/25/2033 | 07/25/2033 | 07/25/2033 | 07/25/2033 | 68 | $0 | 0 | 0 | $0 | 0 | 0 | $0 |
| GST | GST | Structured Asset Investment Loan Trust 5.034% due 11/25/2034  | 1.950 | 1.950 | Monthly | Monthly | 11/25/2034 | 11/25/2034 | 11/25/2034 | 11/25/2034 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | $0 | 0 | 0 | $0 | 0 | 0 | $0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Counterparty | Counterparty | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset |  | Liability |
| BOA | BOA | ABX.HE.AAA.6-2 Index  | ABX.HE.AAA.6-2 Index  | 0.110% | 0.110% | Monthly | Monthly | 05/25/2046 | 05/25/2046 | $ | $10428 | (2809) | (2809) | 2706 | 0 | 0 | $ | (103) |
| DUB | DUB | ABX.HE.AA.6-2 Index  | ABX.HE.AA.6-2 Index  | 0.170 | 0.170 | Monthly | Monthly | 05/25/2046 | 05/25/2046 |  | 116 | (47) | (47) | 20 | 0 | 0 |  | (27) |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 |  | 98 | (2) | (2) | 2 | 0 | 0 |  | 0 |
| FBF | FBF | ABX.HE.AA.7-1 Index  | ABX.HE.AA.7-1 Index  | 0.150 | 0.150 | Monthly | Monthly | 08/25/2037 | 08/25/2037 |  | 534 | (453) | (453) | 353 | 0 | 0 |  | (100) |
|  |  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | 0.500 | 0.500 | Monthly | Monthly | 08/17/2061 | 08/17/2061 |  | 4000 | (28) | (28) | (4) | 0 | 0 |  | (32) |
| GST | GST | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 |  | 105850 | (2203) | (2203) | 1970 | 0 | 0 |  | (233) |
|  |  | CMBX.NA.AAA.11 Index  | CMBX.NA.AAA.11 Index  | 0.500 | 0.500 | Monthly | Monthly | 11/18/2054 | 11/18/2054 |  | 30000 | 232 | 232 | (373) | 0 | 0 |  | (141) |
|  |  | CMBX.NA.AAA.13 Index  | CMBX.NA.AAA.13 Index  | 0.500 | 0.500 | Monthly | Monthly | 12/16/2072 | 12/16/2072 |  | 160600 | (84) | (84) | (1932) | 0 | 0 |  | (2016) |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 |  | 1 | 0 | 0 | 0 | 0 | 0 |  | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 |  | 1650 | (71) | (71) | 72 | 1 | 1 |  | 0 |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | 0.500 | Monthly | Monthly | 09/17/2058 | 09/17/2058 |  | 81272 | (5037) | (5037) | 5011 | 0 | 0 |  | (26) |
| JPS | JPS | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 |  | 3900 | (73) | (73) | 64 | 0 | 0 |  | (9) |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 |  | 91 | (2) | (2) | 2 | 0 | 0 |  | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 |  | 71400 | (3276) | (3276) | 3340 | 64 | 64 |  | 0 |
| MYC | MYC | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | 0.500 | 0.500 | Monthly | Monthly | 08/17/2061 | 08/17/2061 |  | 13500 | (38) | (38) | (69) | 0 | 0 |  | (107) |
|  |  | CMBX.NA.AAA.13 Index  | CMBX.NA.AAA.13 Index  | 0.500 | 0.500 | Monthly | Monthly | 12/16/2072 | 12/16/2072 |  | 11900 | (5) | (5) | (144) | 0 | 0 |  | (149) |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 |  | 20 | (1) | (1) | 1 | 0 | 0 |  | 0 |
|  |  | CMBX.NA.AAA.7 Index  | CMBX.NA.AAA.7 Index  | 0.500 | 0.500 | Monthly | Monthly | 01/17/2047 | 01/17/2047 |  | 2960 | (103) | (103) | 106 | 3 | 3 |  | 0 |
| SAL | SAL | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 |  | 61500 | (588) | (588) | 453 | 0 | 0 |  | (135) |
|  |  | CMBX.NA.AAA.11 Index  | CMBX.NA.AAA.11 Index  | 0.500 | 0.500 | Monthly | Monthly | 11/18/2054 | 11/18/2054 |  | 55100 | 197 | 197 | (457) | 0 | 0 |  | (260) |
|  |  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | 0.500 | 0.500 | Monthly | Monthly | 08/17/2061 | 08/17/2061 |  | 131000 | (339) | (339) | (704) | 0 | 0 |  | (1043) |
|  |  | CMBX.NA.AAA.13 Index  | CMBX.NA.AAA.13 Index  | 0.500 | 0.500 | Monthly | Monthly | 12/16/2072 | 12/16/2072 |  | 75000 | 300 | 300 | (1242) | 0 | 0 |  | (942) |
|  |  |  |  |  |  |  |  |  |  |  |  | (14430) | (14430) | 9175 | 68 | 68 | $ | (5323) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(14430)** | **(14430)** | **9175** | **68** | **68** | **$** | **(5323)** |
| **(k)** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $6,450 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |

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<br> Schedule of Investments PIMCO ABS and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | $0 | $18731 | $0 | $18731 |
| Industrials | 0 | 3114 | 0 | 3114 |
| U.S. Government Agencies | 0 | 1506877 | 0 | 1506877 |
| U.S. Treasury Obligations | 0 | 58332 | 0 | 58332 |
| Non-Agency Mortgage-Backed Securities | 0 | 1169757 | 0 | 1169757 |
| Asset-Backed Securities | 0 | 2637356 | 0 | 2637356 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Repurchase Agreements | 0 | 28600 | 0 | 28600 |
| U.S. Treasury Bills | 0 | 14457 | 0 | 14457 |
|  | $0 | $5437224 | $0 | $5437224 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $281885 | $0 | $0 | $281885 |
| Total Investments | $281885 | $5437224 | $0 | $5719109 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | $0 | $(151235) | $0 | $(151235) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 0 | 4174 | 0 | 4174 |
| Over the counter | 0 | 68 | 0 | 68 |
|  | $0 | $4242 | $0 | $4242 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | 0 | (2806) | 0 | (2806) |
| Over the counter | 0 | (7087) | 0 | (7087) |
|  | $0 | $(9893) | $0 | $(9893) |
| Total Financial Derivative Instruments | $0 | $(5651) | $0 | $(5651) |
| Totals | $281885 | $5280338 | $0 | $5562223 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 128.8% ¤** |  |  |
| **CORPORATE BONDS & NOTES 7.5%**  |  |  |
| **BANKING & FINANCE 5.3%**  |  |  |
| **AerCap Ireland Capital DAC**  |  |  |
| 3.300% due 01/30/2032  | $2000 | $1568 |
| 4.125% due 07/03/2023  | 804 | 798 |
| **American Tower Corp.**  |  |  |
| 1.000% due 01/15/2032  | 496 | 391 |
| 3.800% due 08/15/2029  | $836 | 760 |
| **Aviation Capital Group LLC**  |  |  |
| 4.125% due 08/01/2025  | 1200 | 1121 |
| 4.375% due 01/30/2024  | 12 | 12 |
| 5.500% due 12/15/2024  | 1660 | 1632 |
| **Avolon Holdings Funding Ltd.**  |  |  |
| 2.125% due 02/21/2026  | 400 | 345 |
| 2.528% due 11/18/2027  | 2755 | 2206 |
| 4.250% due 04/15/2026  | 700 | 635 |
| **Banco Bilbao Vizcaya Argentaria SA** <br>5.875% due 09/24/2023 •(h)(i) | 2400 | 2475 |
| **Banco BTG Pactual SA** <br>4.500% due 01/10/2025 | $954 | 921 |
| **Bank of Ireland Group PLC** <br>7.500% due 05/19/2025 •(h) | 300 | 313 |
| **Barclays PLC**  |  |  |
| 2.000% due 02/07/2028 • | 400 | 425 |
| 5.875% due 09/15/2024 •(h) | 500 | 555 |
| 6.024% (US0003M + 1.380%) due 05/16/2024 ~  | $924 | 924 |
| 7.125% due 06/15/2025 •(h)(i)  | 2273 | 2605 |
| 7.250% due 03/15/2023 •(h)(i)  | 2400 | 2875 |
| 7.750% due 09/15/2023 •(h)(i)  | $3900 | 3817 |
| **BNP Paribas SA** <br>1.323% due 01/13/2027 •  | 3500 | 3063 |
| **Credit Suisse Group AG**  |  |  |
| 3.091% due 05/14/2032 • | 1700 | 1178 |
| 4.194% due 04/01/2031 • | 250 | 195 |
| 5.250% due 02/11/2027 •(h)(i)  | 2400 | 1568 |
| 6.250% due 12/18/2024 •(h)(i)  | 2800 | 2207 |
| 6.375% due 08/21/2026 •(h)(i)  | 1006 | 724 |
| 7.250% due 09/12/2025 •(h)(i)  | 200 | 144 |
| 7.500% due 07/17/2023 •(h)(i)  | 2260 | 1812 |
| 7.500% due 12/11/2023 •(h)(i)  | 5500 | 4818 |
| **Crown Castle, Inc.** <br>4.300% due 02/15/2029 | 351 | 332 |
| **Deutsche Bank AG**  |  |  |
| 1.375% due 09/03/2026 • | 1900 | 1856 |
| 1.625% due 01/20/2027  | 3600 | 3404 |
| 1.750% due 01/17/2028  | 300 | 275 |
| 1.750% due 11/19/2030 • | 1700 | 1433 |
| 2.129% due 11/24/2026 •(j)  | $4400 | 3886 |
| 3.035% due 05/28/2032 •(j)  | 3100 | 2357 |
| 3.547% due 09/18/2031 • | 4633 | 3724 |
| 3.961% due 11/26/2025 • | 1993 | 1906 |
| 5.966% (US0003M + 1.230%) due 02/27/2023 ~  | 2766 | 2767 |
| **Equinix, Inc.** <br>1.550% due 03/15/2028 | 222 | 184 |
| **Erste Group Bank AG** <br>6.500% due 04/15/2024 •(h)(i) | 3400 | 3561 |
| **Fairfax Financial Holdings Ltd.** <br>2.750% due 03/29/2028 | 3003 | 2813 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 3.375% due 11/13/2025  | $1300 | 1178 |
| 4.063% due 11/01/2024  | 600 | 577 |
| 4.687% due 06/09/2025  | 200 | 191 |
| 5.125% due 06/16/2025  | 1500 | 1445 |
| 5.584% due 03/18/2024  | 600 | 593 |
| **General Motors Financial Co., Inc.**  |  |  |
| 4.738% (US0003M + 0.990%) due 01/05/2023 ~  | 6 | 6 |
| 5.360% (SOFRRATE + 1.200%) due 11/17/2023 ~  | 200 | 200 |
| **Goldman Sachs Group, Inc.** <br>6.162% (SOFRRATE + 1.850%) due 03/15/2028 ~ | 10500 | 10347 |
| **GSPA Monetization Trust** <br>6.422% due 10/09/2029 | 198 | 190 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Healthcare** **Realty Holdings LP** <br>2.400% due 03/15/2030 | 241 | 189 |
| **HSBC Holdings PLC**  |  |  |
| 2.357% due 08/18/2031 • | 431 | 330 |
| 2.848% due 06/04/2031 • | 300 | 240 |
| 3.000% due 05/29/2030 • | 505 | 508 |
| 4.000% due 03/09/2026 •(h)  | $1500 | 1301 |
| 4.292% due 09/12/2026 • | 309 | 296 |
| 4.950% due 03/31/2030  | 200 | 191 |
| **ING Groep NV**  |  |  |
| 3.875% due 05/16/2027 •(h)(i)  | 600 | 440 |
| 5.750% due 11/16/2026 •(h)(i)  | 500 | 444 |
| **Intesa Sanpaolo SpA**  |  |  |
| 5.500% due 03/01/2028 •(h)(i)  | 600 | 532 |
| 7.750% due 01/11/2027 •(h)(i)  | 1650 | 1708 |
| **JPMorgan Chase & Co.** <br>2.182% due 06/01/2028 •  | $862 | 755 |
| **Lloyds Banking Group PLC**  |  |  |
| 4.550% due 08/16/2028  | 266 | 251 |
| 7.500% due 09/27/2025 •(h)(i)  | 2515 | 2433 |
| 7.875% due 06/27/2029 •(h)  | 600 | 695 |
| **NatWest Group PLC**  |  |  |
| 4.269% due 03/22/2025 • | $378 | 370 |
| 4.519% due 06/25/2024 • | 388 | 384 |
| 4.600% due 06/28/2031 •(h)(i)  | 600 | 431 |
| 5.076% due 01/27/2030 • | 222 | 210 |
| 6.274% (US0003M + 1.550%) due 06/25/2024 ~  | 3314 | 3315 |
| 8.000% due 08/10/2025 •(h)(i)  | 258 | 254 |
| **Nissan Motor Acceptance Co. LLC** <br>2.750% due 03/09/2028 | 5700 | 4626 |
| **Nomura Holdings, Inc.** <br>2.679% due 07/16/2030 | 409 | 328 |
| **Nordea Kredit Realkreditaktieselskab** <br>1.500% due 10/01/2053 | 31317 | 3479 |
| **Nykredit Realkredit AS** <br>1.500% due 10/01/2053 | 166965 | 18539 |
| **Park Intermediate Holdings LLC** <br>4.875% due 05/15/2029 | $1500 | 1272 |
| **Realkredit Danmark AS** <br>1.500% due 10/01/2053 | 42202 | 4686 |
| **Societe Generale SA** <br>7.875% due 12/18/2023 •(h)(i) | $5400 | 5358 |
| **Standard Chartered PLC**  |  |  |
| 1.456% due 01/14/2027 • | 4300 | 3734 |
| 7.750% due 04/02/2023 •(h)  | 700 | 696 |
| **Sumitomo Mitsui Financial Group, Inc.** <br>2.130% due 07/08/2030 | 991 | 785 |
| **Toyota Motor Credit Corp.** <br>5.050% due 12/11/2023 •  | 5200 | 5209 |
| **UBS Group AG** <br>4.375% due 02/10/2031 •(h) | 1600 | 1220 |
| **VICI Properties LP** <br>4.750% due 02/15/2028 | 1650 | 1568 |
| **Wells Fargo & Co.**  |  |  |
| 1.741% due 05/04/2030 • | 2100 | 1908 |
| 2.879% due 10/30/2030 • | $1600 | 1362 |
| 3.000% due 04/22/2026  | 366 | 343 |
| **Weyerhaeuser Co.** <br>4.000% due 04/15/2030 | 354 | 323 |
| **WP Carey, Inc.** <br>4.250% due 10/01/2026 | 55 | 53 |
|  |  | 154078 |
| **INDUSTRIALS 1.8%**  |  |  |
| **Aker BP ASA** <br>2.875% due 01/15/2026 | 450 | 416 |
| **AngloGold Ashanti Holdings PLC** <br>3.375% due 11/01/2028 | 4300 | 3756 |
| **Boeing Co.** <br>3.250% due 02/01/2035 | 500 | 382 |
| **Broadcom, Inc.**  |  |  |
| 2.450% due 02/15/2031  | 1500 | 1185 |
| 3.137% due 11/15/2035  | 2300 | 1698 |
| 3.187% due 11/15/2036  | 2136 | 1541 |
| 3.419% due 04/15/2033  | 1200 | 965 |
| 3.500% due 02/15/2041  | 1600 | 1142 |
| 3.750% due 02/15/2051  | 500 | 347 |
| 4.150% due 11/15/2030  | 282 | 253 |
| **CCO Holdings LLC** <br>4.500% due 06/01/2033 | 900 | 692 |
| **Charter Communications Operating LLC**  |  |  |
| 3.900% due 06/01/2052  | 4000 | 2526 |
| 6.090% (US0003M + 1.650%) due 02/01/2024 ~  | 1032 | 1037 |
| **Cheniere Corpus Christi Holdings LLC** <br>3.700% due 11/15/2029 | 1300 | 1178 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **CVS** **Health Corp.**  |  |  |
| 4.125% due 04/01/2040  | 18 | 15 |
| 4.250% due 04/01/2050  | 196 | 157 |
| **CVS Pass-Through Trust** <br>6.943% due 01/10/2030 | 32 | 33 |
| **DAE Funding LLC**  |  |  |
| 1.625% due 02/15/2024  | 2100 | 1994 |
| 2.625% due 03/20/2025  | 1800 | 1686 |
| 3.375% due 03/20/2028  | 1800 | 1600 |
| **Dell International LLC**  |  |  |
| 4.900% due 10/01/2026  | 22 | 22 |
| 5.300% due 10/01/2029  | 65 | 64 |
| **Energy Transfer LP** <br>4.250% due 03/15/2023 | 107 | 107 |
| **Equinor ASA**  |  |  |
| 3.125% due 04/06/2030  | 18 | 16 |
| 3.700% due 04/06/2050  | 18 | 14 |
| **Expedia Group, Inc.**  |  |  |
| 2.950% due 03/15/2031  | 189 | 152 |
| 6.250% due 05/01/2025  | 1823 | 1840 |
| **IHO Verwaltungs GmbH (3.625% Cash or 4.375% PIK)** <br>3.625% due 05/15/2025 (c) | 1481 | 1451 |
| **IHO Verwaltungs GmbH (6.000% Cash or 6.750% PIK)** <br>6.000% due 05/15/2027 (c) | $867 | 763 |
| **Imperial Brands Finance PLC**  |  |  |
| 3.125% due 07/26/2024  | 330 | 316 |
| 3.500% due 07/26/2026  | 1527 | 1402 |
| **INEOS Finance PLC** <br>2.125% due 11/15/2025 | 2835 | 2758 |
| **Micron Technology, Inc.**  |  |  |
| 4.185% due 02/15/2027  | $36 | 34 |
| 5.327% due 02/06/2029  | 187 | 180 |
| **MPLX LP** <br>2.650% due 08/15/2030 | 1100 | 894 |
| **Nakilat, Inc.** <br>6.067% due 12/31/2033 | 453 | 468 |
| **Nissan Motor Co. Ltd.**  |  |  |
| 3.043% due 09/15/2023  | 570 | 559 |
| 3.522% due 09/17/2025  | 1856 | 1726 |
| 4.810% due 09/17/2030  | 4600 | 3914 |
| **NPC Ukrenergo** <br>6.875% due 11/09/2028 ^(d) | 400 | 71 |
| **Oracle Corp.**  |  |  |
| 3.600% due 04/01/2040  | 18 | 13 |
| 3.850% due 04/01/2060  | 1138 | 761 |
| 3.950% due 03/25/2051 (j)  | 3700 | 2652 |
| **Rolls-Royce PLC**  |  |  |
| 1.625% due 05/09/2028  | 400 | 341 |
| 4.625% due 02/16/2026  | 100 | 104 |
| **Southern Co.** <br>3.700% due 04/30/2030 | $123 | 111 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.875% due 02/15/2031  | 1800 | 1490 |
| 3.375% due 04/15/2029  | 1300 | 1148 |
| 3.500% due 04/15/2031  | 2000 | 1731 |
| **Takeda Pharmaceutical Co. Ltd.**  |  |  |
| 3.175% due 07/09/2050  | 658 | 447 |
| 3.375% due 07/09/2060  | 458 | 309 |
| **Westinghouse Air Brake Technologies Corp.** <br>4.400% due 03/15/2024 | 147 | 145 |
| **Wynn Macau Ltd.** <br>5.625% due 08/26/2028 | 2800 | 2398 |
|  |  | 51004 |
| **UTILITIES 0.4%**  |  |  |
| **American Water Capital Corp.** <br>3.450% due 06/01/2029 | 143 | 131 |
| **Berkshire Hathaway Energy Co.** <br>4.250% due 10/15/2050 | 18 | 15 |
| **Consolidated Edison Co. of New York, Inc.**  |  |  |
| 3.350% due 04/01/2030  | 266 | 240 |
| 3.950% due 04/01/2050  | 18 | 14 |
| **DTE Electric Co.** <br>2.625% due 03/01/2031 | 311 | 265 |
| **Edison International** <br>5.750% due 06/15/2027 | 54 | 54 |
| **Exelon Corp.** <br>4.050% due 04/15/2030 | 18 | 17 |
| **Georgia Power Co.** <br>2.650% due 09/15/2029 | 18 | 15 |
| **Pacific Gas & Electric Co.**  |  |  |
| 1.700% due 11/15/2023  | 2200 | 2130 |
| 2.500% due 02/01/2031  | 582 | 453 |
| 3.000% due 06/15/2028  | 2300 | 1993 |
| 4.550% due 07/01/2030  | 1200 | 1091 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Rio** **Oil Finance Trust** <br>8.200% due 04/06/2028 | 2060 | 2090 |
| **San Diego Gas & Electric Co.** <br>3.320% due 04/15/2050 | 200 | 144 |
| **Southern California Edison Co.**  |  |  |
| 3.650% due 03/01/2028  | 824 | 770 |
| 3.700% due 08/01/2025  | 566 | 548 |
| **Verizon Communications, Inc.** <br>3.550% due 03/22/2051 | 1100 | 789 |
|  |  | 10759 |
| Total Corporate Bonds & Notes (Cost $258,784) |  | 215841 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **CALIFORNIA 0.1%**  |  |  |
| **California State Public Works Board Revenue Bonds, (BABs), Series 2010** <br>7.804% due 03/01/2035 | 35 | 41 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021** <br>3.000% due 06/01/2046 | 1505 | 1394 |
| **Pasadena Public Financing Authority, California Revenue Bonds, (BABs), Series 2010** <br>7.148% due 03/01/2043 | 645 | 759 |
|  |  | 2194 |
| **ILLINOIS 0.0%**  |  |  |
| **Chicago, Illinois General Obligation Bonds, Series 2015** <br>7.750% due 01/01/2042 | 48 | 49 |
| **Chicago, Illinois Waterworks Revenue Bonds, Series 2010** <br>6.642% due 11/01/2029 | 110 | 115 |
| **Illinois State General Obligation Bonds, (BABs), Series 2010**  |  |  |
| 6.630% due 02/01/2035  | 65 | 66 |
| 6.725% due 04/01/2035  | 130 | 132 |
| 7.350% due 07/01/2035  | 93 | 98 |
|  |  | 460 |
| **NEBRASKA 0.0%**  |  |  |
| **Public Power Generation Agency, Nebraska Revenue Bonds, (BABs), Series 2009** <br>7.242% due 01/01/2041 | 20 | 23 |
| **OHIO 0.0%**  |  |  |
| **Ohio State University Revenue Bonds, Series 2011** <br>4.800% due 06/01/2111 | 67 | 55 |
| **PENNSYLVANIA 0.0%**  |  |  |
| **Pennsylvania Economic Development Financing Authority Revenue Bonds, (BABs), Series 2010** <br>6.532% due 06/15/2039 | 5 | 5 |
| **WASHINGTON 0.0%**  |  |  |
| **Washington State Convention Center Public Facilities District Revenue Bonds, (BABs), Series 2010** <br>6.790% due 07/01/2040 | 690 | 725 |
| Total Municipal Bonds & Notes (Cost $4,028) |  | 3462 |
| **U.S. GOVERNMENT AGENCIES 0.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 0.000% due 08/25/2039 (b)(f) | 94 | 78 |
| 0.592% due 11/25/2040 •  | 1 | 1 |
| 1.461% due 03/25/2041 •(a) | 155 | 11 |
| 1.661% due 03/25/2037 ~(a) | 44 | 3 |
| 1.711% due 04/25/2037 •(a) | 146 | 11 |
| 1.761% due 11/25/2039 •(a) | 24 | 2 |
| 1.991% due 03/25/2037 ~(a) | 60 | 5 |
| 2.011% due 05/25/2037 •(a) | 142 | 10 |
| 2.241% due 01/25/2031 ~(a) | 790 | 76 |
| 2.311% due 03/25/2036 •(a) | 60 | 4 |
| 2.401% due 04/25/2037 •(a) | 278 | 28 |
| 2.701% due 12/01/2034 •  | 19 | 18 |
| 2.811% due 02/25/2037 •(a) | 26 | 3 |
| 3.261% due 07/25/2033 ~(a) | 14 | 1 |
| 3.619% due 08/01/2035 •  | 3 | 3 |
| 3.672% due 06/01/2034 •  | 1 | 1 |
| 3.887% due 03/25/2036 ~ | 1 | 1 |
| 3.906% due 03/01/2034 •  | 9 | 9 |
| 3.908% due 10/01/2035 •  | 1 | 1 |
| 4.027% due 11/01/2034 •  | 1 | 1 |
| 4.047% due 03/01/2036 •  | 1 | 1 |
| 4.366% due 09/25/2042 •  | 3 | 3 |
| 4.500% due 09/25/2040 | 452 | 442 |
| 4.719% due 04/25/2037 •  | 1 | 1 |
| 4.739% due 07/25/2037 •  | 7 | 7 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.769% due 07/25/2037 ~ | 9 | 9 |
| 4.789% due 09/25/2035 •  | 18 | 17 |
| 4.799% due 09/25/2035 ~ | 16 | 15 |
| 4.909% due 10/25/2040 ~ | 6 | 6 |
| 5.109% due 06/25/2037 •  | 73 | 72 |
| 9.005% due 12/25/2036 ~ | 3 | 4 |
| **Freddie Mac**  |  |  |
| 2.152% due 07/15/2036 •(a) | 83 | 7 |
| 2.190% due 09/15/2041 ~ | 134 | 109 |
| 2.224% due 02/15/2040 •  | 35 | 29 |
| 2.252% due 09/15/2036 •(a) | 52 | 4 |
| 2.382% due 04/15/2036 ~(a) | 14 | 1 |
| 3.248% due 10/25/2044 •  | 1 | 1 |
| 3.448% due 07/25/2044 •  | 2 | 2 |
| 3.500% due 07/15/2042 - 05/01/2049 | 955 | 878 |
| 3.508% due 06/01/2035 •  | 0 | 1 |
| 4.000% due 07/01/2047 - 03/01/2049 | 663 | 635 |
| 4.618% due 05/15/2037 ~ | 2 | 2 |
| 4.698% due 03/15/2037 ~ | 30 | 30 |
| 4.718% due 11/15/2043 ~ | 24 | 23 |
| 4.868% due 07/15/2041 ~ | 32 | 32 |
| 5.000% due 05/01/2023 - 04/15/2041 | 490 | 497 |
| 5.018% due 08/15/2037 •  | 79 | 79 |
| 5.028% due 10/15/2037 •  | 13 | 13 |
| 5.038% due 05/15/2037 - 09/15/2037 •  | 92 | 92 |
| 5.500% due 03/15/2034 - 03/01/2039 | 68 | 69 |
| 6.000% due 08/01/2027 - 12/01/2037 | 3 | 3 |
| 6.500% due 05/01/2035 | 20 | 21 |
| **Ginnie Mae**  |  |  |
| 1.750% due 11/20/2044 •  | 126 | 123 |
| 2.459% due 08/20/2047 ~ | 217 | 206 |
| 2.857% due 04/20/2068 ~ | 452 | 443 |
| 3.500% due 02/15/2045 - 03/15/2045 | 65 | 61 |
| 5.000% due 08/15/2033 - 03/15/2042 | 767 | 784 |
| 6.000% due 07/15/2037 - 08/15/2037 | 2 | 2 |
| **U.S. Small Business Administration**  |  |  |
| 4.430% due 05/01/2029 | 5 | 5 |
| 5.490% due 03/01/2028 | 5 | 5 |
| 6.020% due 08/01/2028 | 40 | 40 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.500% due 02/01/2043 - 09/01/2048 | 2411 | 2238 |
| 4.000% due 01/01/2025 - 10/01/2030 | 5 | 5 |
| 4.500% due 05/01/2023 - 02/01/2044 | 637 | 626 |
| 5.000% due 08/01/2023 - 12/01/2029 | 50 | 50 |
| 5.500% due 02/01/2025 - 09/01/2041 | 330 | 334 |
| 6.000% due 10/01/2026 - 05/01/2041 | 399 | 413 |
| 6.500% due 09/01/2036 | 27 | 27 |
| **Uniform Mortgage-Backed Security, TBA**<br>3.500% due 02/01/2053 | 50 | 45 |
| Total U.S. Government Agencies (Cost $10,133) |  | 8779 |
| **U.S. TREASURY OBLIGATIONS 4.1%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.375% due 11/15/2040 | 4100 | 2668 |
| 2.250% due 08/15/2049 | 146 | 102 |
| 3.000% due 08/15/2048 | 473 | 389 |
| 3.000% due 02/15/2049 | 17298 | 14255 |
| 3.125% due 05/15/2048 | 124 | 105 |
| 4.000% due 11/15/2052 | 100 | 100 |
| 4.625% due 02/15/2040 | 3734 | 4016 |
| **U.S. Treasury Inflation Protected Securities (g)** |  |  |
| 0.125% due 07/15/2030  | 28825 | 25827 |
| 0.125% due 01/15/2031 (m) | 5495 | 4884 |
| 0.250% due 02/15/2050  | 1739 | 1174 |
| 0.625% due 07/15/2032  | 9539 | 8745 |
| 0.625% due 02/15/2043  | 770 | 622 |
| 0.750% due 02/15/2045  | 2404 | 1947 |
| 1.000% due 02/15/2046  | 3020 | 2568 |
| 1.000% due 02/15/2048  | 8589 | 7238 |
| 1.000% due 02/15/2049  | 9849 | 8243 |
| 1.375% due 02/15/2044  | 6531 | 6071 |
| **U.S. Treasury Notes**  |  |  |
| 0.375% due 12/31/2025 | 1000 | 894 |
| 0.500% due 02/28/2026 | 4300 | 3832 |
| 1.500% due 10/31/2024 (m) | 2002 | 1897 |
| 1.750% due 12/31/2024 (m) | 622 | 590 |
| 2.125% due 05/15/2025 (m) | 2485 | 2362 |
| 2.375% due 05/15/2029 | 2075 | 1887 |
| 2.625% due 12/31/2025 | 1777 | 1700 |
| 2.750% due 05/31/2023 | 194 | 192 |
| 3.000% due 09/30/2025 (m) | 10043 | 9709 |
| 3.000% due 10/31/2025 | 7253 | 7006 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total U.S. Treasury Obligations (Cost $150,009) |  | 119023 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 10.3%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>3.765% due 01/25/2036 ^~ | 523 | 407 |
| **American Home Mortgage Assets Trust**  |  |  |
| 2.968% due 11/25/2046 ~  | 10652 | 3391 |
| 4.579% due 05/25/2046 ^~  | 10 | 8 |
| 4.579% due 10/25/2046 • | 35 | 19 |
| 6.750% due 11/25/2046 þ  | 230 | 196 |
| **American Home Mortgage Investment Trust** <br>6.500% due 03/25/2047 þ | 28 | 21 |
| **Angel Oak Mortgage Trust** <br>1.469% due 06/25/2065 ~ | 48 | 43 |
| **Avon Finance PLC** <br>4.331% due 09/20/2048 •  | 3583 | 4250 |
| **Banc of America Funding Trust**  |  |  |
| 3.431% due 02/20/2035 ~  | $9 | 7 |
| 3.571% due 09/20/2046 ^~  | 395 | 341 |
| 3.714% due 06/20/2037 ^~  | 10 | 8 |
| 4.496% due 09/20/2034 ~  | 1 | 1 |
| 4.733% due 10/20/2036 ~  | 6 | 4 |
| 4.773% due 04/20/2047 ^~  | 3 | 3 |
| 4.813% due 02/20/2047 ~  | 410 | 367 |
| 6.000% due 08/25/2036 ^  | 8 | 7 |
| **Banc of America Mortgage Trust**  |  |  |
| 2.641% due 02/25/2034 ~  | 6 | 6 |
| 3.313% due 06/25/2035 ~  | 5 | 4 |
| 3.348% due 01/25/2035 ~  | 6 | 6 |
| 3.587% due 06/25/2034 ~  | 5 | 5 |
| 4.014% due 05/25/2033 ~  | 4 | 4 |
| **BCAP LLC Trust** <br>4.749% due 03/25/2037 ~ | 1696 | 1475 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 2.842% due 04/25/2033 ~  | 1 | 1 |
| 3.844% due 07/25/2034 ~  | 6 | 5 |
| 3.845% due 02/25/2036 ^~  | 47 | 42 |
| 3.887% due 11/25/2034 ~  | 1 | 1 |
| 4.045% due 08/25/2033 ~  | 3 | 3 |
| 4.337% due 01/25/2033 ~  | 31 | 30 |
| 6.800% due 02/25/2036 ~  | 4 | 3 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 3.115% due 05/25/2035 ~  | 18 | 17 |
| 3.336% due 11/25/2035 ^~  | 62 | 55 |
| 3.354% due 10/25/2035 ^~  | 50 | 42 |
| 3.764% due 07/25/2035 ~  | 57 | 40 |
| 4.709% due 08/25/2036 ~  | 371 | 313 |
| 4.709% due 01/25/2047 ^• | 38 | 30 |
| 4.729% due 12/25/2046 ^~  | 4 | 3 |
| 4.889% due 01/25/2036 ^• | 5 | 7 |
| **Bear Stearns Mortgage Funding Trust** <br>4.569% due 10/25/2036 •  | 16311 | 13504 |
| **BX Trust** <br>5.615% due 10/15/2036 •  | 16000 | 15049 |
| **Chase Mortgage Finance Trust**  |  |  |
| 3.643% due 01/25/2036 ^~  | 6 | 5 |
| 3.707% due 09/25/2036 ^~  | 119 | 98 |
| 3.824% due 12/25/2035 ^~  | 5 | 5 |
| **ChaseFlex Trust** <br>4.689% due 07/25/2037 ~ | 2576 | 2471 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.619% due 05/25/2036 •  | 95 | 81 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 3.150% due 10/25/2035 ^~  | 11 | 10 |
| 3.871% due 09/25/2037 ^~  | 138 | 119 |
| 4.709% due 01/25/2037 • | 101 | 85 |
| 5.410% due 10/25/2035 ~  | 9 | 9 |
| 6.170% due 09/25/2062 þ  | 18153 | 17780 |
| 6.228% due 11/25/2070 þ  | 107 | 105 |
| 6.380% due 03/25/2036 ^• | 24 | 22 |
| **CitiMortgage Alternative Loan Trust**  |  |  |
| 4.989% due 04/25/2037 • | 135 | 114 |
| 6.000% due 12/25/2036 ^  | 43 | 37 |
| 6.000% due 06/25/2037 ^  | 56 | 48 |
| **Commercial Mortgage Trust** <br>3.545% due 02/10/2036 | 1034 | 947 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 2.290% due 08/25/2035 ~  | 1318 | 1081 |
| 3.048% due 12/25/2035 • | 6 | 5 |
| 3.448% due 08/25/2035 ~  | 21 | 19 |
| 3.528% due 01/25/2036 ~  | 78 | 71 |
| 4.098% due 10/20/2035 • | 5 | 3 |
| 4.543% due 09/20/2046 ~  | 3018 | 2867 |
| 4.563% due 07/20/2046 ^~  | 8 | 6 |
| 4.563% due 09/20/2046 • | 14 | 11 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.589% due 04/25/2047 • | 2140 | 1962 |
| 4.599% due 04/25/2047 • | 2057 | 1637 |
| 4.629% due 12/25/2046 ~  | 6851 | 5842 |
| 4.689% due 06/25/2035 ^• | 966 | 675 |
| 4.729% due 05/25/2047 • | 197 | 166 |
| 4.769% due 09/25/2046 ^• | 52 | 48 |
| 4.773% due 03/20/2046 • | 13 | 10 |
| 4.789% due 05/25/2036 ~  | 71 | 60 |
| 4.789% due 08/25/2037 • | 10 | 7 |
| 4.813% due 05/20/2046 ^~  | 3 | 3 |
| 4.889% due 11/25/2036 • | 14160 | 11622 |
| 4.909% due 12/25/2035 ~  | 5 | 5 |
| 4.939% due 05/25/2035 • | 29 | 22 |
| 4.949% due 02/25/2037 ~  | 302 | 245 |
| 4.953% due 11/20/2035 • | 39 | 35 |
| 4.989% due 08/25/2035 ~  | 225 | 199 |
| 4.993% due 12/20/2035 ~  | 42 | 36 |
| 5.029% due 11/25/2035 • | 223 | 177 |
| 5.500% due 06/25/2025  | 181 | 147 |
| 5.500% due 05/25/2035  | 94 | 73 |
| 5.500% due 11/25/2035 ^  | 62 | 39 |
| 5.500% due 11/25/2035  | 5 | 3 |
| 5.750% due 03/25/2037  | 83 | 48 |
| 6.000% due 12/25/2035 ^  | 225 | 166 |
| 6.000% due 05/25/2036 ^  | 35 | 18 |
| 6.000% due 08/25/2036 ^• | 42 | 26 |
| 6.000% due 05/25/2037 ^  | 108 | 53 |
| 6.250% due 08/25/2036  | 607 | 364 |
| 7.000% due 10/25/2037  | 75 | 28 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 3.680% due 08/25/2034 ~  | 1 | 1 |
| 3.792% due 11/25/2034 ~  | 12 | 11 |
| 3.952% due 10/20/2034 ~  | 26 | 24 |
| 4.849% due 05/25/2035 ~  | 15 | 12 |
| 4.969% due 04/25/2035 • | 865 | 747 |
| 4.989% due 05/25/2035 ~  | 40 | 31 |
| 5.029% due 03/25/2035 ~  | 1 | 1 |
| 5.049% due 02/25/2035 • | 7 | 6 |
| 5.750% due 05/25/2037 ^  | 4 | 2 |
| 6.000% due 07/25/2036  | 245 | 140 |
| 6.000% due 01/25/2037 ^  | 162 | 84 |
| 6.000% due 02/25/2037 ^  | 174 | 91 |
| 6.500% due 12/25/2037  | 369 | 171 |
| 6.537% due 02/20/2036 ^• | 2 | 2 |
| **Countrywide Home Loan Reperforming REMIC Trust** <br>4.729% due 06/25/2035 ~ | 44 | 41 |
| **Credit Suisse First Boston Mortgage Securities Corp.**  |  |  |
| 5.250% due 09/25/2035  | 223 | 183 |
| **Credit Suisse Mortgage Capital Certificates**  |  |  |
| 3.276% due 11/30/2037 ~  | 16288 | 14899 |
| 3.586% due 12/27/2037 ~  | 5997 | 5465 |
| 4.689% due 01/27/2037 • | 24 | 17 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 5.750% due 08/25/2036 ^  | 10 | 8 |
| 5.750% due 03/25/2037 ^  | 15 | 9 |
| 6.421% due 10/25/2037 ~  | 223 | 138 |
| **Credit Suisse Mortgage Capital Trust**  |  |  |
| 1.796% due 12/27/2060 ~  | 4048 | 3718 |
| 1.926% due 07/27/2061 ~  | 8477 | 7695 |
| 2.215% due 11/25/2061 ~  | 1658 | 1573 |
| 2.688% due 03/25/2059 ~  | 2274 | 2160 |
| 2.963% due 12/26/2059 ~  | 75 | 74 |
| 3.861% due 06/25/2050 ~  | 484 | 409 |
| **Deutsche ALT-A Securities, Inc. Mortgage Loan Trust**  |  |  |
| 4.769% due 02/25/2037 ^• | 5649 | 4843 |
| 4.889% due 02/25/2035 • | 72 | 68 |
| 4.889% due 02/25/2035 ~  | 33 | 31 |
| 5.049% due 02/25/2036 • | 132 | 122 |
| 5.139% due 10/25/2047 • | 197 | 157 |
| **Downey Savings & Loan Association Mortgage Loan Trust**  |  |  |
| 4.479% due 04/19/2047 ~  | 578 | 461 |
| 4.529% due 10/19/2036 ~  | 131 | 105 |
| 4.859% due 08/19/2045 • | 3 | 3 |
| 5.159% due 09/19/2044 • | 23 | 20 |
| **Eurohome UK Mortgages PLC** <br>3.946% due 06/15/2044 •  | 15 | 17 |
| **European Loan Conduit DAC** <br>2.803% due 02/17/2030 •  | 107 | 109 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 3.605% due 03/25/2035 ~  | $1 | 1 |
| 4.186% due 12/25/2035 ~  | 27 | 22 |
| 4.435% due 06/25/2036 ^~  | 293 | 234 |
| **First Horizon Mortgage Pass-Through Trust** <br>3.930% due 10/25/2035 ^~ | 64 | 60 |
| **Frost CMBS DAC** <br>2.952% due 11/20/2033 •  | 3596 | 3642 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **FWD** **Securitization Trust** <br>2.240% due 01/25/2050 ~ | $62 | 56 |
| **GreenPoint Mortgage Funding Trust** <br>4.749% due 01/25/2037 •  | 140 | 118 |
| **GSMSC Pass-Through Trust** <br>4.466% due 12/26/2036 •  | 80 | 57 |
| **GSR Mortgage Loan Trust**  |  |  |
| 3.061% due 11/25/2035 ~  | 5 | 5 |
| 3.652% due 07/25/2035 ~  | 3 | 3 |
| 3.719% due 11/25/2035 ~  | 14 | 12 |
| 3.760% due 04/25/2032 • | 6 | 5 |
| 3.955% due 09/25/2035 ~  | 5 | 5 |
| 4.142% due 09/25/2035 ~  | 16 | 14 |
| 5.500% due 01/25/2037  | 17 | 21 |
| 6.000% due 02/25/2036 ^  | 231 | 106 |
| 6.000% due 07/25/2037 ^  | 61 | 43 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 3.529% due 06/19/2036 ^~  | 61 | 35 |
| 4.048% due 10/19/2035 ~  | 293 | 168 |
| 4.559% due 07/19/2047 ~  | 153 | 139 |
| 4.679% due 12/19/2036 ^• | 6 | 5 |
| 4.749% due 12/19/2036 • | 255 | 210 |
| 4.779% due 05/19/2035 ~  | 183 | 163 |
| 4.819% due 06/19/2035 • | 1579 | 1481 |
| 4.819% due 12/19/2036 ^~  | 121 | 109 |
| 4.839% due 01/19/2036 ~  | 469 | 286 |
| 5.033% due 06/20/2035 ~  | 103 | 92 |
| **HomeBanc Mortgage Trust** <br>5.009% due 03/25/2035 •  | 141 | 117 |
| **Homeward Opportunities Fund Trust** <br>1.657% due 05/25/2065 ~ | 20 | 20 |
| **Impac CMB Trust** <br>5.029% due 03/25/2035 ~ | 188 | 171 |
| **Impac Secured Assets Trust**  |  |  |
| 3.846% due 07/25/2035 ~  | 21 | 18 |
| 4.929% due 02/25/2037 ~  | 13032 | 11666 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 2.808% due 05/25/2035 ~  | 229 | 165 |
| 3.215% due 06/25/2036 ~  | 123 | 111 |
| 4.689% due 06/25/2037 ^• | 5 | 2 |
| 4.749% due 02/25/2037 ^• | 68 | 60 |
| 4.769% due 09/25/2046 • | 56 | 49 |
| 4.789% due 11/25/2046 ~  | 514 | 448 |
| 4.809% due 05/25/2046 ~  | 5118 | 4466 |
| 4.869% due 07/25/2035 • | 154 | 142 |
| 4.909% due 06/25/2035 • | 30 | 23 |
| 5.029% due 07/25/2045 ~  | 3 | 3 |
| **InTown Mortgage Trust** <br>7.622% due 08/15/2039 •  | 23700 | 23620 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 3.133% due 05/25/2036 ^~  | 59 | 34 |
| 6.000% due 12/27/2036  | 55 | 30 |
| 6.500% due 03/25/2036 ^  | 1825 | 1065 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.768% due 12/15/2031 •  | 256 | 244 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.196% due 07/27/2037 ~  | 61 | 56 |
| 3.480% due 04/25/2037 ~  | 4 | 3 |
| 3.525% due 04/25/2036 ^~  | 659 | 579 |
| 3.590% due 10/25/2036 ~  | 5 | 4 |
| 3.614% due 10/25/2036 ^~  | 29 | 22 |
| 3.708% due 07/25/2035 ~  | 22 | 21 |
| 3.960% due 08/25/2035 ^~  | 20 | 16 |
| 4.001% due 07/25/2035 ~  | 73 | 67 |
| **Legacy Mortgage Asset Trust**  |  |  |
| 1.750% due 04/25/2061 þ  | 4147 | 3769 |
| 1.750% due 07/25/2061 þ  | 6355 | 5775 |
| 1.875% due 10/25/2068 þ  | 4372 | 3935 |
| 1.892% due 10/25/2066 þ  | 3521 | 3235 |
| 1.991% due 09/25/2060 ~  | 415 | 407 |
| 2.250% due 07/25/2067 þ  | 3238 | 2915 |
| **Lehman Mortgage Trust** <br>5.039% due 11/25/2036 •  | 416 | 211 |
| **Lehman XS Trust**  |  |  |
| 4.789% due 03/25/2047 • | 5494 | 4602 |
| 4.839% due 08/25/2046 ~  | 673 | 631 |
| 4.889% due 08/25/2037 • | 56 | 50 |
| 6.089% due 09/25/2047 • | 51 | 42 |
| **Luminent Mortgage Trust**  |  |  |
| 3.087% due 04/25/2036 ~  | 2130 | 1581 |
| 5.109% due 04/25/2036 • | 30 | 25 |
| **MASTR Adjustable Rate Mortgages Trust**  |  |  |
| 2.642% due 07/25/2035 ^~  | 8 | 7 |
| 2.848% due 12/25/2046 ~  | 11969 | 8989 |
| 3.200% due 10/25/2033 ~  | 46 | 36 |
| 3.874% due 11/21/2034 ~  | 184 | 166 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MASTR** **Asset Securitization Trust** <br>6.000% due 06/25/2036 ^ | 84 | 56 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Trust**  |  |  |
| 4.758% due 12/15/2030 • | 1 | 1 |
| 5.178% due 08/15/2032 • | 19 | 17 |
| **Merrill Lynch Alternative Note Asset Trust**  |  |  |
| 4.609% due 03/25/2037 • | 128 | 37 |
| 4.789% due 03/25/2037 ~  | 1994 | 570 |
| 4.809% due 04/25/2037 • | 14601 | 2937 |
| 4.989% due 03/25/2037 • | 82 | 24 |
| 6.000% due 03/25/2037  | 37 | 15 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 2.848% due 04/25/2035 ~  | 8 | 7 |
| 3.011% due 05/25/2033 ~  | 4 | 4 |
| 3.455% due 05/25/2036 ~  | 39 | 35 |
| 3.820% due 09/25/2035 ^~  | 47 | 38 |
| 6.709% due 02/25/2033 • | 11 | 10 |
| **Mill City Mortgage Loan Trust** <br>2.750% due 08/25/2059 ~ | 60 | 57 |
| **Morgan Stanley Capital Trust** <br>5.767% due 12/15/2023 •  | 7500 | 6843 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 2.915% due 07/25/2035 ~  | 65 | 57 |
| 4.386% due 06/25/2036 ~  | 3 | 3 |
| 6.000% due 08/25/2036  | 59 | 28 |
| 6.315% due 06/25/2036 þ  | 872 | 267 |
| **Morgan Stanley Re-REMIC Trust** <br>5.250% due 05/26/2037 ~ | 54 | 31 |
| **Mortgage Equity Conversion Asset Trust** <br>5.140% due 05/25/2042 ~ | 105 | 91 |
| **MortgageIT Mortgage Loan Trust** <br>4.909% due 12/25/2035 ~ | 163 | 154 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 1025 | 958 |
| 2.750% due 11/25/2059 ~  | 1277 | 1170 |
| 3.500% due 12/25/2057 ~  | 637 | 604 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust**  |  |  |
| 4.579% due 06/25/2037 • | 3807 | 3280 |
| 5.476% due 05/25/2035 ^þ  | 22 | 11 |
| 5.769% due 06/25/2036 ~  | 11083 | 3156 |
| **NovaStar Mortgage Funding Trust** <br>0.412% due 09/25/2046 ~ | 1405 | 492 |
| **PHH Alternative Mortgage Trust** <br>4.709% due 02/25/2037 ~ | 160 | 112 |
| **Precise Mortgage Funding PLC** <br>4.587% due 12/12/2055 •  | 2247 | 2696 |
| **Preston Ridge Partners Mortgage LLC** <br>3.720% due 02/25/2027 þ | $6619 | 6220 |
| **Prime Mortgage Trust** <br>6.000% due 06/25/2036 ^ | 11 | 10 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 2.644% due 10/25/2037 ~  | 230 | 200 |
| 2.848% due 09/25/2046 • | 6961 | 5898 |
| 3.483% due 11/25/2037 ~  | 123 | 100 |
| 4.614% due 09/25/2034 ~  | 45 | 44 |
| 4.689% due 02/25/2037 • | 56 | 48 |
| 4.689% due 02/25/2047 • | 1784 | 1533 |
| 4.709% due 01/25/2037 ~  | 1034 | 866 |
| 4.729% due 01/25/2037 ~  | 2717 | 2213 |
| 4.749% due 07/25/2036 ~  | 203 | 86 |
| 4.749% due 09/25/2036 ~  | 294 | 261 |
| 4.759% due 08/25/2036 ~  | 105 | 92 |
| 4.769% due 07/25/2036 ~  | 99 | 87 |
| 4.769% due 09/25/2036 ^• | 161 | 147 |
| 4.889% due 08/25/2035 ^• | 470 | 331 |
| 5.000% due 09/25/2036 ^  | 4 | 3 |
| 6.000% due 08/25/2036 ^  | 13 | 10 |
| 6.000% due 01/25/2037 ^  | 25 | 19 |
| 6.000% due 03/25/2037 ^  | 49 | 40 |
| 6.000% due 03/25/2037  | 64 | 53 |
| 6.500% due 08/25/2036  | 1273 | 1009 |
| **Residential Asset Securitization Trust**  |  |  |
| 5.500% due 09/25/2035 ^  | 78 | 40 |
| 6.000% due 03/25/2037 ^  | 807 | 278 |
| **Residential Funding Mortgage Securities, Inc. Trust** <br>3.726% due 04/25/2037 ~ | 114 | 89 |
| **Residential Mortgage Securities PLC** <br>4.681% due 06/20/2070 ~ | 1360 | 1638 |
| **RESIMAC Bastille Trust** <br>5.022% due 12/05/2059 ~ | $27 | 26 |
| **Sequoia Mortgage Trust**  |  |  |
| 3.182% due 09/20/2046 ^~  | 72 | 50 |
| 4.913% due 07/20/2034 ~  | 115 | 101 |
| 5.215% due 05/20/2034 ~  | 5 | 5 |
| **Starwood Mortgage Residential Trust** <br>1.486% due 04/25/2065 ~ | 111 | 102 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Structured** **Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.448% due 01/25/2035 ^• | 3 | 2 |
| 3.490% due 03/25/2036 ^~  | 29 | 21 |
| 3.565% due 01/25/2035 ~  | 18 | 18 |
| 3.675% due 11/25/2035 ^~  | 44 | 39 |
| 3.778% due 08/25/2035 ~  | 22 | 13 |
| 3.780% due 02/25/2034 ~  | 1 | 0 |
| 4.689% due 08/25/2036 ^• | 34 | 24 |
| 6.689% due 12/25/2037 ^• | 455 | 387 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 1.567% due 02/25/2036 ^• | 12 | 9 |
| 4.509% due 08/25/2036 • | 134 | 113 |
| 4.769% due 07/25/2046 ^~  | 52 | 39 |
| 4.809% due 04/25/2036 • | 19 | 17 |
| 4.829% due 05/25/2046 • | 9 | 3 |
| 4.849% due 02/25/2036 ^• | 47 | 40 |
| 4.949% due 02/25/2036 ^• | 3 | 2 |
| 5.039% due 02/19/2035 ~  | 2 | 2 |
| **SunTrust Adjustable Rate Mortgage Loan Trust** <br>3.504% due 01/25/2037 ^~ | 44 | 33 |
| **Taurus UK DAC** <br>4.101% due 05/17/2031 ~ | 1291 | 1469 |
| **Thornburg Mortgage Securities Trust**  |  |  |
| 1.528% due 03/25/2044 ~  | $37 | 36 |
| 3.551% due 12/25/2044 ~  | 61 | 57 |
| 6.666% due 06/25/2047 ^• | 169 | 150 |
| 6.666% due 06/25/2047 • | 3 | 3 |
| **Towd Point Mortgage Funding**  |  |  |
| 3.826% due 07/20/2045 ~  | 4420 | 5287 |
| 4.471% due 02/20/2054 • | 166 | 200 |
| **Towd Point Mortgage Trust**  |  |  |
| 2.250% due 12/25/2061 ~  | $8242 | 7577 |
| 2.900% due 10/25/2059 ~  | 771 | 720 |
| 3.000% due 01/25/2058 ~  | 159 | 154 |
| 3.204% due 10/25/2057 ~  | 1031 | 824 |
| 5.389% due 05/25/2058 ~  | 42 | 41 |
| 5.389% due 10/25/2059 ~  | 59 | 58 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.499% due 12/25/2046 ~  | 12 | 11 |
| 2.748% due 03/25/2047 ^~  | 2452 | 2067 |
| 2.798% due 06/25/2047 • | 1768 | 1370 |
| 2.826% due 01/25/2037 ^~  | 50 | 41 |
| 2.858% due 07/25/2047 • | 32 | 26 |
| 2.928% due 10/25/2046 ^• | 353 | 295 |
| 3.030% due 12/25/2046 • | 13 | 12 |
| 3.048% due 02/25/2046 ~  | 155 | 137 |
| 3.096% due 08/25/2046 • | 76 | 58 |
| 3.118% due 01/25/2046 • | 999 | 850 |
| 3.211% due 02/25/2037 ^~  | 17 | 15 |
| 3.229% due 06/25/2037 ^~  | 301 | 270 |
| 3.240% due 06/25/2037 ^~  | 90 | 78 |
| 3.290% due 02/25/2037 ^~  | 125 | 113 |
| 3.390% due 06/25/2033 ~  | 21 | 19 |
| 3.548% due 10/25/2046 ~  | 540 | 479 |
| 3.548% due 11/25/2046 • | 438 | 378 |
| 3.600% due 12/25/2036 ^~  | 28 | 24 |
| 3.666% due 08/25/2035 ~  | 17 | 16 |
| 3.813% due 10/25/2035 ~  | 14 | 13 |
| 3.889% due 12/25/2035 ~  | 139 | 129 |
| 3.952% due 01/25/2035 ~  | 35 | 32 |
| 4.929% due 12/25/2045 • | 5978 | 5233 |
| 4.949% due 11/25/2045 • | 4 | 4 |
| 4.969% due 10/25/2045 ~  | 10 | 10 |
| 4.969% due 12/25/2045 ~  | 284 | 247 |
| 5.029% due 01/25/2045 ~  | 1 | 1 |
| 5.169% due 01/25/2045 • | 445 | 405 |
| 5.189% due 12/25/2045 • | 1187 | 1080 |
| 5.549% due 11/25/2045 ~  | 1751 | 1552 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.798% due 02/25/2047 ^• | 691 | 585 |
| 2.878% due 11/25/2046 • | 59 | 47 |
| 2.898% due 10/25/2046 ^• | 92 | 75 |
| 2.988% due 04/25/2046 ~  | 45 | 37 |
| 4.051% due 09/25/2036 ~  | 346 | 102 |
| 4.051% due 09/25/2036 þ  | 661 | 193 |
| 4.889% due 02/25/2036 • | 365 | 297 |
| **Wells Fargo Alternative Loan Trust**  |  |  |
| 3.563% due 07/25/2037 ^~  | 3 | 3 |
| 6.250% due 07/25/2037 ^  | 90 | 75 |
| **Wells Fargo Mortgage-Backed Securities Trust**  |  |  |
| 4.437% due 09/25/2036 ^~  | 3 | 3 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.564% due 12/25/2036 ^~  | 19 | 18 |
| Total Non-Agency Mortgage-Backed Securities (Cost $323,686) |  | 298869 |
| **ASSET-BACKED SECURITIES 42.6%**  |  |  |
| **510 Asset-Backed Trust** <br>2.240% due 06/25/2061 þ | 1668 | 1533 |
| **Aames Mortgage Investment Trust**  |  |  |
| 5.006% due 07/25/2035 • | 383 | 379 |
| 6.041% due 01/25/2035 • | 62 | 58 |
| **ACAS CLO Ltd.** <br>5.084% due 10/18/2028 •  | 2679 | 2646 |
| **Accredited Mortgage Loan Trust** <br>4.649% due 09/25/2036 ~ | 442 | 434 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.509% due 10/25/2036 ~  | 1 | 0 |
| 4.609% due 11/25/2036 • | 3785 | 1671 |
| 4.629% due 12/25/2036 ~  | 319 | 175 |
| 4.669% due 07/25/2036 • | 2708 | 2561 |
| 4.709% due 03/25/2037 • | 29912 | 13630 |
| 4.869% due 06/25/2036 • | 1836 | 1336 |
| 5.004% due 12/25/2035 • | 1250 | 1105 |
| 5.049% due 08/25/2035 ~  | 8916 | 8582 |
| 5.334% due 05/25/2035 • | 4760 | 4173 |
| **Aegis Asset-Backed Securities Trust Mortgage Pass-Through Certificates** <br>5.094% due 10/25/2035 •  | 951 | 888 |
| **American Money Management Corp. CLO Ltd.** <br>4.991% due 04/14/2029 •  | 2739 | 2722 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 3.245% due 11/25/2034 • | 847 | 784 |
| 5.154% due 10/25/2035 • | 57 | 57 |
| 5.259% due 11/25/2035 ~  | 1300 | 1211 |
| 5.364% due 07/25/2035 ~  | 2000 | 1810 |
| 5.409% due 10/25/2034 • | 1155 | 1135 |
| 5.514% due 11/25/2034 • | 84 | 79 |
| **Aqueduct European CLO DAC** <br>2.096% due 07/20/2030 ~ | 5294 | 5556 |
| **Arbor Realty Commercial Real Estate Notes Ltd.**  |  |  |
| 6.736% due 05/15/2037 • | $5900 | 5769 |
| 7.236% due 05/15/2037 • | 5900 | 5787 |
| **AREIT Trust** <br>6.159% due 11/17/2038 ~ | 3700 | 3513 |
| **Ares European CLO DAC** <br>2.158% due 10/15/2031 •  | 10600 | 10998 |
| **Argent Securities Trust**  |  |  |
| 4.499% due 09/25/2036 • | $70 | 23 |
| 4.689% due 07/25/2036 • | 513 | 444 |
| 4.749% due 04/25/2036 • | 16746 | 5575 |
| 4.769% due 03/25/2036 ~  | 806 | 697 |
| 4.869% due 05/25/2035 • | 63 | 56 |
| 4.869% due 06/25/2036 • | 8950 | 2523 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 3.364% due 01/25/2034 • | 222 | 200 |
| 5.049% due 11/25/2035 • | 11831 | 11356 |
| **Asset-Backed Funding Certificates Trust** <br>5.124% due 03/25/2035 •  | 4108 | 3716 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust**  |  |  |
| 5.199% due 06/25/2034 ~  | 614 | 570 |
| 5.349% due 07/25/2035 • | 13 | 13 |
| 5.484% due 02/25/2035 ~  | 17 | 17 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 4.081% due 10/25/2036 ~  | 5 | 5 |
| 4.629% due 06/25/2047 • | 412 | 410 |
| 4.709% due 08/25/2036 ~  | 821 | 791 |
| 4.739% due 05/25/2037 ^• | 13644 | 10475 |
| 4.991% due 02/25/2034 • | 1448 | 1370 |
| 5.064% due 08/25/2036 ~  | 49 | 48 |
| 5.119% due 12/25/2034 • | 4939 | 4749 |
| 5.216% due 08/25/2034 ~  | 638 | 644 |
| 5.439% due 08/25/2037 • | 417 | 373 |
| **Benefit Street Partners CLO Ltd.** <br>5.579% due 10/15/2030 •  | 8150 | 7894 |
| **Black Diamond CLO DAC** <br>2.778% due 05/15/2032 •  | 8800 | 9133 |
| **Blackrock European CLO DAC** <br>1.998% due 10/15/2031 ~ | 4500 | 4671 |
| **BlueMountain Fuji EUR CLO II DAC** <br>2.028% due 07/15/2030 ~ | 5040 | 5270 |
| **BPCRE Holder LLC** <br>6.725% due 01/16/2037 •  | $7200 | 7105 |
| **BSPRT Issuer Ltd.** <br>6.632% due 07/15/2039 •  | 22500 | 22015 |
| **Cairn CLO DAC**  |  |  |
| 2.158% due 10/15/2031 ~  | 2900 | 3039 |
| 2.178% due 04/30/2031 ~  | 4342 | 4533 |
| 2.275% due 01/31/2030 • | 654 | 686 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Carlyle** **Euro CLO DAC** <br>2.688% due 08/15/2032 ~ | 7900 | 8215 |
| **Carrington Mortgage Loan Trust**  |  |  |
| 4.649% due 02/25/2037 ~  | $341 | 307 |
| 5.139% due 10/25/2035 • | 1493 | 1420 |
| 5.363% due 10/20/2029 • | 1643 | 1623 |
| **Carvana Auto Receivables Trust** <br>5.640% due 01/15/2026 | 11300 | 11234 |
| **Centex Home Equity Loan Trust**  |  |  |
| 4.884% due 06/25/2036 • | 9500 | 8451 |
| 5.034% due 03/25/2034 • | 200 | 191 |
| **Chase Funding Trust** <br>5.029% due 08/25/2032 ~ | 11 | 11 |
| **CIT Mortgage Loan Trust** <br>5.889% due 10/25/2037 ~ | 20000 | 19045 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.539% due 12/25/2036 ~  | 315 | 132 |
| 4.569% due 01/25/2037 • | 4429 | 3302 |
| 4.579% due 05/25/2037 • | 1517 | 1014 |
| 4.589% due 05/25/2037 ~  | 2347 | 1622 |
| 4.689% due 10/25/2036 • | 99 | 65 |
| 4.709% due 09/25/2036 • | 37 | 26 |
| 4.809% due 08/25/2036 • | 4191 | 4058 |
| 4.839% due 10/25/2036 • | 170 | 168 |
| 4.869% due 08/25/2036 ~  | 3282 | 2866 |
| 4.909% due 03/25/2036 ~  | 904 | 804 |
| 5.289% due 09/25/2035 ^~  | 4930 | 4525 |
| 7.250% due 05/25/2036 þ  | 370 | 193 |
| **Countrywide Asset-Backed Certificates**  |  |  |
| 4.669% due 03/25/2037 • | 1992 | 1927 |
| 4.789% due 02/25/2037 ~  | 105 | 95 |
| 4.869% due 04/25/2037 • | 233 | 190 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 3.573% due 05/25/2036 • | 2956 | 2844 |
| 4.529% due 06/25/2035 • | 89 | 80 |
| 4.529% due 07/25/2037 ~  | 295 | 266 |
| 4.529% due 04/25/2047 ~  | 61 | 58 |
| 4.539% due 06/25/2047 ^• | 3 | 3 |
| 4.569% due 11/25/2047 ^• | 34 | 33 |
| 4.589% due 06/25/2047 ^• | 65 | 56 |
| 4.599% due 05/25/2047 ^~  | 105 | 93 |
| 4.609% due 09/25/2037 ^• | 150 | 154 |
| 4.619% due 05/25/2037 ~  | 2067 | 1936 |
| 4.639% due 06/25/2047 ~  | 2305 | 2209 |
| 4.669% due 03/25/2037 • | 134 | 128 |
| 4.669% due 12/25/2046 • | 1964 | 1814 |
| 4.679% due 10/25/2047 • | 7600 | 6639 |
| 4.689% due 03/25/2047 ^~  | 430 | 420 |
| 4.789% due 08/25/2036 • | 476 | 474 |
| 4.929% due 03/25/2036 • | 274 | 252 |
| 4.969% due 08/25/2036 • | 1 | 1 |
| 4.989% due 06/25/2036 • | 16 | 16 |
| 5.129% due 08/25/2047 • | 217 | 209 |
| 5.349% due 02/25/2036 • | 2862 | 2788 |
| 5.424% due 12/25/2035 ~  | 145 | 137 |
| 5.739% due 08/25/2047 ~  | 10000 | 9120 |
| 6.339% due 08/25/2035 ~  | 3000 | 2700 |
| 6.867% due 09/25/2046 þ  | 1879 | 1352 |
| **Countrywide Partnership Trust** <br>5.289% due 02/25/2035 •  | 1037 | 979 |
| **CQS U.S. CLO Ltd.** <br>6.747% due 07/20/2031 •  | 13500 | 13406 |
| **Credit-Based Asset Servicing and Securitization LLC** <br>5.439% due 03/25/2046 ~ | 914 | 910 |
| **CSAB Mortgage-Backed Trust** <br>6.184% due 12/25/2036 þ | 1367 | 299 |
| **CVC Cordatus Loan Fund DAC**  |  |  |
| 2.028% due 10/15/2031 ~  | 8400 | 8732 |
| 2.112% due 07/21/2030 ~  | 600 | 630 |
| 2.676% due 09/15/2031 ~  | 3200 | 3334 |
| **Dryden Euro CLO DAC**  |  |  |
| 2.038% due 04/15/2033 • | 15500 | 16098 |
| 2.622% due 05/15/2034 • | 9100 | 9467 |
| **ECMC Group Student Loan Trust** <br>5.389% due 07/25/2069 •  | $339 | 332 |
| **Ellington Loan Acquisition Trust** <br>5.489% due 05/25/2037 •  | 3347 | 3215 |
| **EMC Mortgage Loan Trust** <br>5.689% due 02/25/2041 •  | 4 | 4 |
| **Encore Credit Receivables Trust** <br>5.124% due 09/25/2035 •  | 30 | 29 |
| **Euro-Galaxy CLO DAC** <br>2.122% due 04/24/2034 ~ | 3150 | 3270 |
| **Fieldstone Mortgage Investment Trust**  |  |  |
| 4.769% due 05/25/2036 ~  | $111 | 76 |
| 4.929% due 05/25/2036 ~  | 2563 | 1759 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **First** **Franklin Mortgage Loan Trust**  |  |  |
| 4.494% due 10/25/2036 ~  | 12753 | 10801 |
| 4.549% due 11/25/2036 ~  | 110 | 108 |
| 4.699% due 09/25/2036 • | 7363 | 6726 |
| 4.869% due 04/25/2036 • | 2757 | 2495 |
| 4.869% due 05/25/2036 • | 12581 | 10309 |
| 4.889% due 06/25/2036 ~  | 3500 | 3072 |
| 5.109% due 11/25/2035 • | 375 | 344 |
| **FREED ABS Trust**  |  |  |
| 1.910% due 03/19/2029  | 10440 | 10131 |
| 4.500% due 08/20/2029  | 6704 | 6683 |
| **Fremont Home Loan Trust**  |  |  |
| 4.524% due 10/25/2036 ~  | 468 | 413 |
| 4.529% due 11/25/2036 • | 2588 | 1549 |
| 4.539% due 10/25/2036 ~  | 747 | 316 |
| 4.709% due 08/25/2036 ~  | 10258 | 3557 |
| 4.729% due 02/25/2037 ~  | 4819 | 1723 |
| 5.124% due 01/25/2035 • | 125 | 120 |
| 5.124% due 07/25/2035 ~  | 2 | 2 |
| 5.439% due 11/25/2034 • | 1168 | 1088 |
| **Galaxy CLO Ltd.** <br>5.049% due 10/15/2030 •  | 280 | 274 |
| **GE-WMC Asset-Backed Pass-Through Certificates** <br>5.029% due 12/25/2035 ~ | 11127 | 10440 |
| **GLS Auto Receivables Issuer Trust** <br>3.550% due 01/15/2026 | 16516 | 16327 |
| **GSAA Home Equity Trust**  |  |  |
| 3.755% due 03/25/2036 ~  | 162 | 38 |
| 4.489% due 05/25/2037 ~  | 185 | 62 |
| 4.529% due 03/25/2036 • | 144 | 54 |
| 4.629% due 06/25/2036 ~  | 60 | 14 |
| 4.789% due 03/25/2037 ~  | 1394 | 428 |
| 5.029% due 04/25/2047 ~  | 285 | 138 |
| 5.454% due 06/25/2035 • | 100 | 95 |
| 5.995% due 03/25/2046 ^~  | 1352 | 569 |
| 6.795% due 06/25/2036 þ  | 250 | 67 |
| **GSAMP Trust**  |  |  |
| 4.439% due 12/25/2046 • | 141 | 71 |
| 4.479% due 01/25/2037 • | 1093 | 664 |
| 4.489% due 12/25/2046 • | 103 | 52 |
| 4.519% due 12/25/2046 • | 5384 | 2904 |
| 4.529% due 12/25/2036 ~  | 2486 | 1347 |
| 4.539% due 12/25/2046 ~  | 512 | 257 |
| 4.559% due 12/25/2036 • | 293 | 146 |
| 4.569% due 11/25/2035 • | 1 | 0 |
| 4.619% due 01/25/2037 • | 3394 | 2723 |
| 4.689% due 09/25/2036 • | 3937 | 1458 |
| 4.789% due 01/25/2047 ~  | 1639 | 872 |
| 4.869% due 03/25/2046 ~  | 135 | 130 |
| 4.889% due 05/25/2046 • | 560 | 525 |
| 6.189% due 06/25/2035 • | 197 | 189 |
| **GSRPM Mortgage Loan Trust** <br>5.289% due 03/25/2035 ~ | 911 | 879 |
| **Harvest CLO DAC**  |  |  |
| 2.018% due 10/15/2031 • | 2500 | 2601 |
| 2.136% due 10/20/2031 • | 7200 | 7485 |
| **HERA Commercial Mortgage Ltd.** <br>5.389% due 02/18/2038 ~ | $5700 | 5520 |
| **Home Equity Asset Trust** <br>3.826% due 02/25/2036 ~ | 221 | 212 |
| **Home Equity Loan Trust**  |  |  |
| 4.619% due 04/25/2037 • | 5735 | 5525 |
| 4.729% due 04/25/2037 ~  | 314 | 276 |
| **HSI Asset Securitization Corp. Trust**  |  |  |
| 4.224% due 04/25/2037 ~  | 848 | 590 |
| 4.589% due 07/25/2036 ~  | 114 | 53 |
| 4.609% due 12/25/2036 ~  | 820 | 224 |
| 4.709% due 05/25/2037 • | 30 | 30 |
| 4.869% due 11/25/2035 • | 662 | 596 |
| **Invesco Euro CLO DAC** <br>2.028% due 07/15/2031 ~ | 1000 | 1040 |
| **IXIS Real Estate Capital Trust**  |  |  |
| 4.789% due 03/25/2036 ^~  | $185 | 96 |
| 4.849% due 01/25/2037 • | 10937 | 4327 |
| **JP Morgan Mortgage Acquisition Trust**  |  |  |
| 4.599% due 10/25/2036 ~  | 150 | 148 |
| 4.689% due 07/25/2036 • | 59 | 27 |
| 4.789% due 07/25/2036 ~  | 1874 | 1722 |
| **Jubilee CLO DAC**  |  |  |
| 1.988% due 04/15/2030 • | 6700 | 7011 |
| 2.028% due 04/15/2031 • | 5700 | 5930 |
| **KKR CLO Ltd.** <br>5.479% due 04/15/2031 •  | $3850 | 3679 |
| **KKR Static CLO Ltd.** <br>5.077% due 07/20/2031 ~ | 5000 | 4814 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Lehman** **XS Trust** <br>4.709% due 05/25/2036 •  | 66 | 55 |
| **LendingClub Receivables Trust**  |  |  |
| 3.750% due 01/15/2027  | 3120 | 3079 |
| 3.750% due 12/15/2045  | 1813 | 1787 |
| 4.000% due 08/15/2025  | 1649 | 1635 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.549% due 12/25/2036 ~  | 385 | 265 |
| 4.559% due 12/25/2036 ~  | 268 | 102 |
| 4.689% due 05/25/2036 ~  | 51 | 30 |
| 4.829% due 02/25/2036 • | 404 | 390 |
| 4.909% due 08/25/2045 • | 22 | 21 |
| 4.929% due 05/25/2046 • | 334 | 113 |
| 4.989% due 01/25/2036 • | 7980 | 7144 |
| 5.034% due 11/25/2035 • | 3 | 3 |
| 5.304% due 08/25/2035 ~  | 5466 | 4893 |
| 5.364% due 04/25/2035 • | 80 | 79 |
| 5.814% due 02/25/2035 ~  | 8445 | 7652 |
| **M360 Ltd.** <br>6.611% due 11/22/2038 •  | 6463 | 6401 |
| **Man GLG Euro CLO DAC**  |  |  |
| 2.058% due 10/15/2030 • | 1220 | 1276 |
| 2.736% due 12/15/2031 ~  | 7000 | 7269 |
| **Marathon CLO Ltd.** <br>5.229% due 04/15/2029 •  | $5027 | 4995 |
| **Massachusetts Educational Financing Authority** <br>5.308% due 04/25/2038 •  | 11 | 11 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.439% due 01/25/2037 • | 1239 | 359 |
| 4.589% due 10/25/2036 • | 8710 | 4595 |
| 4.599% due 05/25/2037 • | 1793 | 1690 |
| 4.609% due 11/25/2036 • | 510 | 167 |
| 4.709% due 10/25/2036 ~  | 274 | 145 |
| 4.869% due 03/25/2036 ~  | 42 | 30 |
| 4.969% due 12/25/2035 • | 17 | 17 |
| 5.139% due 10/25/2035 ^~  | 8015 | 7403 |
| 7.089% due 07/25/2034 ~  | 175 | 162 |
| **MASTR Specialized Loan Trust** <br>5.514% due 11/25/2035 •  | 597 | 556 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.311% due 03/25/2037 • | 64964 | 17899 |
| 4.609% due 07/25/2037 • | 383 | 175 |
| 4.609% due 08/25/2037 • | 2454 | 1301 |
| 4.889% due 07/25/2037 • | 189 | 49 |
| 4.909% due 02/25/2037 • | 675 | 206 |
| 4.989% due 01/25/2037 • | 8274 | 7489 |
| **MF1 LLC** <br>6.956% due 09/17/2037 ~ | 8750 | 8717 |
| **MF1 Ltd.**  |  |  |
| 5.576% due 02/19/2037 ~  | 12500 | 11933 |
| 5.789% due 10/16/2036 • | 12800 | 12129 |
| 6.089% due 10/16/2036 • | 12800 | 12220 |
| **MFA Trust** <br>2.363% due 03/25/2060 þ | 1063 | 1003 |
| **MidOcean Credit CLO** <br>5.725% due 02/20/2031 ~ | 10500 | 10322 |
| **MKS CLO Ltd.** <br>5.243% due 07/20/2030 •  | 6031 | 5925 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.469% due 11/25/2036 ~  | 396 | 239 |
| 4.479% due 01/25/2037 ~  | 287 | 142 |
| 4.499% due 12/25/2036 • | 6938 | 3627 |
| 4.499% due 03/25/2037 • | 567 | 256 |
| 4.519% due 10/25/2036 ~  | 20 | 18 |
| 4.519% due 01/25/2037 ~  | 226 | 112 |
| 4.519% due 02/25/2037 • | 1974 | 1771 |
| 4.519% due 02/25/2037 ~  | 1035 | 466 |
| 4.524% due 11/25/2036 • | 415 | 281 |
| 4.569% due 03/25/2037 • | 910 | 411 |
| 4.599% due 01/25/2037 ~  | 206 | 102 |
| 4.604% due 03/25/2037 ~  | 2730 | 1124 |
| 4.619% due 10/25/2036 • | 590 | 293 |
| 4.619% due 11/25/2036 • | 1598 | 966 |
| 4.669% due 08/25/2036 ~  | 377 | 200 |
| 4.709% due 09/25/2036 ~  | 614 | 278 |
| 4.749% due 02/25/2037 • | 16160 | 5480 |
| 4.889% due 04/25/2036 ~  | 2455 | 2297 |
| 5.094% due 12/25/2034 • | 23 | 22 |
| 5.244% due 03/25/2034 • | 1289 | 1255 |
| 5.304% due 03/25/2035 ~  | 56 | 55 |
| 5.319% due 07/25/2035 ~  | 760 | 730 |
| 6.289% due 02/25/2047 • | 106 | 92 |
| **Morgan Stanley Dean Witter Capital, Inc. Trust** <br>5.369% due 02/25/2033 ~ | 91 | 89 |
| **Morgan Stanley Home Equity Loan Trust** <br>4.489% due 12/25/2036 •  | 1013 | 514 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Morgan** **Stanley Mortgage Loan Trust**  |  |  |
| 4.569% due 12/25/2036 ~  | 3881 | 1572 |
| 4.729% due 11/25/2036 • | 30 | 9 |
| 5.109% due 04/25/2037 • | 32 | 10 |
| **Nationstar Home Equity Loan Trust** <br>4.749% due 09/25/2036 •  | 16180 | 15310 |
| **New Century Home Equity Loan Trust**  |  |  |
| 5.169% due 03/25/2035 • | 299 | 275 |
| 5.364% due 11/25/2034 ~  | 343 | 333 |
| **Nomura Home Equity Loan, Inc. Home Equity Loan Trust**  |  |  |
| 4.719% due 10/25/2036 ^• | 144 | 33 |
| 6.032% due 10/25/2036 ^þ  | 178 | 45 |
| **NovaStar Mortgage Funding Trust**  |  |  |
| 4.589% due 09/25/2037 ~  | 337 | 325 |
| 4.709% due 10/25/2036 • | 203 | 115 |
| 5.469% due 06/25/2035 ~  | 40 | 40 |
| **Oaktree CLO Ltd.** <br>5.239% due 07/15/2034 •  | 6500 | 6280 |
| **OCP CLO Ltd.** <br>5.363% due 07/20/2029 ~ | 303 | 300 |
| **Oportun Issuance Trust** <br>5.940% due 10/09/2029 | 6635 | 6582 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.489% due 07/25/2036 • | 3884 | 1739 |
| 4.519% due 07/25/2037 • | 5894 | 3340 |
| 4.529% due 01/25/2037 • | 4754 | 2834 |
| 4.529% due 03/25/2037 • | 2106 | 1883 |
| 4.609% due 04/25/2037 ~  | 576 | 421 |
| 4.609% due 05/25/2037 • | 432 | 263 |
| 4.929% due 01/25/2036 • | 1626 | 1440 |
| 5.169% due 02/25/2035 • | 322 | 305 |
| **Ownit Mortgage Loan Trust**  |  |  |
| 5.214% due 08/25/2036 • | 12524 | 11256 |
| 5.289% due 10/25/2036 ^• | 28 | 26 |
| **OZLM Ltd.**  |  |  |
| 5.343% due 10/20/2031 ~  | 3950 | 3873 |
| 5.693% due 07/20/2032 ~  | 6650 | 6437 |
| 5.943% due 10/20/2031 ~  | 1485 | 1434 |
| 5.943% due 07/20/2032 ~  | 4050 | 3883 |
| **Pagaya AI Debt Selection Trust**  |  |  |
| 1.150% due 05/15/2029  | 1624 | 1583 |
| 2.030% due 10/15/2029  | 12486 | 11993 |
| 6.060% due 03/15/2030  | 19316 | 19087 |
| **Palmer Square European Loan Funding** <br>3.993% due 04/12/2032 •  | 23100 | 24640 |
| **Palmer Square European Loan Funding DAC** <br>2.158% due 04/15/2031 •  | 13229 | 13769 |
| **Park Place Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 5.439% due 10/25/2034 • | $33 | 32 |
| 6.039% due 12/25/2034 ~  | 566 | 569 |
| 6.114% due 02/25/2035 ~  | 7592 | 6566 |
| 6.189% due 12/25/2034 • | 34 | 33 |
| 6.264% due 12/25/2034 • | 4101 | 3795 |
| **Popular ABS Mortgage Pass-Through Trust**  |  |  |
| 4.699% due 06/25/2047 ^~  | 10194 | 9361 |
| 4.884% due 07/25/2036 • | 309 | 288 |
| 5.259% due 02/25/2036 • | 3675 | 3305 |
| **PRET LLC**  |  |  |
| 1.744% due 07/25/2051 þ  | 4048 | 3674 |
| 1.843% due 09/25/2051 þ  | 10239 | 9176 |
| 1.868% due 07/25/2051 þ  | 2682 | 2380 |
| 1.992% due 02/25/2061 þ  | 2655 | 2406 |
| 2.240% due 09/27/2060 þ  | 1387 | 1270 |
| 2.487% due 10/25/2051 ~  | 1166 | 1026 |
| 2.487% due 10/25/2051 þ  | 7061 | 6410 |
| 3.721% due 07/25/2051 þ  | 9309 | 8732 |
| 5.240% due 04/25/2052 þ  | 7216 | 6968 |
| 5.927% due 06/25/2052 þ  | 15834 | 15313 |
| **RAAC Trust** <br>5.094% due 02/25/2036 ~ | 7202 | 6691 |
| **Ready Capital Mortgage Financing LLC**  |  |  |
| 5.594% due 01/25/2037 • | 12500 | 12202 |
| 6.539% due 02/25/2035 • | 302 | 295 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 5.489% due 09/25/2037 • | 167 | 79 |
| 5.586% due 11/25/2036 þ  | 2157 | 808 |
| 5.612% due 04/25/2037 þ  | 368 | 111 |
| **Research-Driven Pagaya Motor Asset Trust**  |  |  |
| 2.650% due 03/25/2030  | 3682 | 3242 |
| 4.320% due 09/25/2030  | 2364 | 2285 |
| 5.380% due 11/25/2030  | 12330 | 12022 |
| **Residential Asset Mortgage Products Trust**  |  |  |
| 4.493% due 08/25/2034 ~  | 3263 | 3116 |
| 4.749% due 08/25/2046 ~  | 9531 | 8388 |
| 4.829% due 12/25/2035 • | 16 | 14 |
| 4.989% due 03/25/2036 • | 169 | 163 |

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------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.079% due 10/25/2035 • | 99 | 97 |
| 5.639% due 10/25/2034 • | 1074 | 938 |
| 6.069% due 08/25/2035 • | 8584 | 7800 |
| **Residential Asset Securities Corp. Trust**  |  |  |
| 4.659% due 08/25/2036 • | 423 | 408 |
| 4.969% due 06/25/2033 • | 57 | 51 |
| 5.049% due 12/25/2035 • | 2760 | 2622 |
| 5.274% due 12/25/2035 ~  | 17408 | 14880 |
| 5.634% due 02/25/2035 • | 4966 | 4597 |
| **Saxon Asset Securities Trust** <br>4.689% due 09/25/2036 •  | 8365 | 6400 |
| **Sculptor CLO Ltd.** <br>5.349% due 01/15/2031 •  | 7000 | 6871 |
| **Sculptor European CLO DAC** <br>2.428% due 10/15/2034 •  | 10510 | 10835 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.489% due 10/25/2036 ^• | $24511 | 8732 |
| 4.549% due 08/25/2036 • | 2224 | 726 |
| 4.729% due 08/25/2036 ^~  | 17 | 6 |
| 4.869% due 07/25/2036 • | 799 | 335 |
| 5.034% due 10/25/2035 • | 2329 | 2008 |
| 5.049% due 08/25/2035 ^• | 41 | 31 |
| 5.109% due 10/25/2035 ~  | 1317 | 1147 |
| 5.349% due 01/25/2036 ^• | 284 | 269 |
| 5.439% due 03/25/2035 ~  | 50 | 48 |
| **SG Mortgage Securities Trust**  |  |  |
| 4.529% due 10/25/2036 • | 115 | 97 |
| 5.274% due 10/25/2035 ~  | 5879 | 4699 |
| **Shelter Growth CRE Issuer Ltd.**  |  |  |
| 6.617% due 06/17/2037 ~  | 13400 | 13332 |
| 7.514% due 06/17/2037 ~  | 8658 | 8501 |
| **SLM Student Loan Trust** <br>5.858% due 04/25/2023 ~ | 102 | 101 |
| **SMB Private Education Loan Trust**  |  |  |
| 1.310% due 07/17/2051  | 7806 | 6973 |
| 4.550% due 02/16/2055  | 11220 | 10290 |
| **SoFi Professional Loan Program Trust** <br>2.540% due 05/15/2046 | 873 | 790 |
| **Sound Point CLO Ltd.**  |  |  |
| 5.293% due 10/20/2028 • | 10516 | 10433 |
| 5.315% due 01/23/2029 • | 3742 | 3723 |
| 5.338% due 07/25/2030 • | 6100 | 6008 |
| **Soundview Home Loan Trust**  |  |  |
| 4.469% due 06/25/2037 ~  | 53 | 38 |
| 4.559% due 07/25/2037 ~  | 242 | 204 |
| 4.559% due 08/25/2037 • | 733 | 630 |
| 4.569% due 02/25/2037 ~  | 2185 | 633 |
| 4.589% due 06/25/2037 • | 828 | 598 |
| 4.649% due 02/25/2037 • | 125 | 37 |
| 4.854% due 02/25/2036 • | 908 | 826 |
| 5.289% due 10/25/2037 • | 4185 | 3268 |
| 5.689% due 10/25/2037 ~  | 1276 | 943 |
| **Specialty Underwriting & Residential Finance Trust**  |  |  |
| 4.353% due 12/25/2036 • | 287 | 272 |
| 4.529% due 11/25/2037 • | 2398 | 1372 |
| 4.689% due 06/25/2037 • | 38 | 23 |
| 4.689% due 09/25/2037 • | 291 | 203 |
| 4.739% due 04/25/2037 ~  | 3118 | 2265 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 4.519% due 07/25/2036 • | 28 | 20 |
| 4.539% due 09/25/2036 • | 18 | 18 |
| 4.569% due 09/25/2036 ~  | 6716 | 4261 |
| 5.009% due 01/25/2036 • | 69 | 61 |
| 5.169% due 02/25/2035 ~  | 927 | 894 |
| 5.319% due 06/25/2035 • | 284 | 271 |
| 5.339% due 08/25/2033 • | 187 | 181 |
| 7.539% due 08/25/2033 ~  | 120 | 108 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |
| 4.524% due 07/25/2036 • | 21 | 20 |
| 4.549% due 03/25/2036 ~  | 9 | 8 |
| 4.699% due 08/25/2046 • | 3608 | 3348 |
| 4.729% due 12/25/2036 ~  | 31 | 30 |
| 4.809% due 02/25/2037 • | 371 | 357 |
| 5.620% due 04/25/2035 • | 2 | 2 |
| **Symphony CLO Ltd.** <br>4.961% due 07/14/2026 ~ | 54 | 54 |
| **Theorem Funding Trust**  |  |  |
| 1.210% due 12/15/2027  | 2254 | 2218 |
| 1.850% due 02/15/2028  | 6549 | 6389 |
| **TICP CLO Ltd.** <br>5.083% due 04/20/2028 •  | 213 | 213 |
| **Tikehau CLO DAC** <br>2.596% due 08/04/2034 ~ | 9000 | 9353 |
| **Towd Point Mortgage Trust** <br>3.000% due 11/25/2058 ~ | $132 | 130 |

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<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Upstart** **Pass-Through Trust Series** <br>3.800% due 04/20/2030 | 7519 | 6992 |
| **Upstart Securitization Trust**  |  |  |
| 0.870% due 03/20/2031  | 275 | 274 |
| 3.120% due 03/20/2032  | 18440 | 17775 |
| 4.370% due 05/20/2032  | 4905 | 4797 |
| 4.480% due 03/20/2032  | 12000 | 10801 |
| 5.500% due 06/20/2032  | 17113 | 16701 |
| **Venture CLO Ltd.**  |  |  |
| 4.959% due 04/15/2027 ~  | 90 | 89 |
| 5.143% due 10/20/2028 • | 7843 | 7747 |
| 5.263% due 04/20/2029 ~  | 1046 | 1036 |
| 5.293% due 07/20/2030 ~  | 4397 | 4296 |
| 5.343% due 01/20/2029 • | 8987 | 8883 |
| 5.596% due 09/07/2030 • | 11400 | 11192 |
| 5.766% due 08/28/2029 • | 354 | 350 |
| **Vibrant CLO Ltd.** <br>5.943% due 07/20/2032 •  | 9125 | 8694 |
| **WaMu Asset-Backed Certificates WaMu Trust**  |  |  |
| 4.614% due 05/25/2037 • | 107 | 98 |
| 4.629% due 05/25/2037 • | 414 | 340 |
| **Washington Mutual Asset-Backed Certificates Trust**  |  |  |
| 4.449% due 11/25/2036 • | 718 | 263 |
| 4.699% due 08/25/2036 • | 2046 | 1908 |
| **Wellfleet CLO Ltd.** <br>5.133% due 04/20/2029 •  | 5840 | 5769 |
| **Wells Fargo Home Equity Asset-Backed Securities Trust** <br>5.139% due 12/25/2035 •  | 422 | 412 |
| Total Asset-Backed Securities (Cost $1,319,135) |  | 1232945 |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Brazil Government International Bond** <br>4.750% due 01/14/2050 | 995 | 700 |
| **Russia Government International Bond**  |  |  |
| 4.250% due 06/23/2027 ^(d)  | 200 | 70 |
| 5.250% due 06/23/2047 ^(d)  | 600 | 222 |
| Total Sovereign Issues (Cost $1,468) |  | 992 |
|  | SHARES |  |
| **PREFERRED SECURITIES 0.1%**  |  |  |
| **BANKING & FINANCE 0.1%**  |  |  |
| **CaixaBank SA**<br>6.750% due 06/13/2024 •(h)(i) | 1000000 | 1047 |
| **JPMorgan Chase & Co.**<br>4.600% due 02/01/2025 •(h) | 145000 | 129 |
| **SL Green Realty Corp.**<br>6.500% due 01/30/2023 (h) | 26950 | 545 |
| **Stichting AK Rabobank Certificaten**<br>6.500% due 12/29/2049 þ(h) | 1236900 | 1274 |
| **Truist Financial Corp.**<br>4.950% due 09/01/2025 •(h) | 302000 | 290 |
| Total Preferred Securities (Cost $4,233) |  | 3285 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 63.8%**  |  |  |
| **COMMERCIAL PAPER 0.3%**  |  |  |
| **Crown Castle, Inc.** <br>5.100% due 01/05/2023 | $5700 | 5695 |
| **Duke Energy Corp.** <br>4.650% due 01/09/2023 | 1100 | 1099 |
| **Quanta Services, Inc.** <br>5.300% due 01/19/2023 | 1400 | 1396 |
|  |  | 8190 |
| **REPURCHASE AGREEMENTS (k) 58.3%**<br>|  | 1686400 |
| **SHORT-TERM NOTES 4.1%**  |  |  |
| **CCG Receivables Trust**<br>1.842% due 06/14/2023 | 812 | 811 |

---

------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Enterprise** **Fleet Financing LLC**<br>2.764% due 06/20/2023 | 11052 | 11031 |
| **Federal Home Loan Bank**<br>4.310% due 01/03/2023 - 01/25/2023 •  | 105800 | 105801 |
|  |  | 117643 |
| **HUNGARY TREASURY BILLS 0.5%**  |  |  |
| 18.250% due 01/03/2023 (e)(f) | 5299000 | 14206 |
| **U.S. TREASURY BILLS 0.6%**  |  |  |
| 4.214% due 03/02/2023 - 03/23/2023 (e)(f)(o) | $17271 | 17151 |
| Total Short-Term Instruments (Cost $1,843,035) |  | 1843590 |
| Total Investments in Securities (Cost $3,914,511) |  | 3726786 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 0.0%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 18401 | 179 |
| Total Short-Term Instruments (Cost $179) |  | 179 |
| Total Investments in Affiliates (Cost $179) |  | 179 |
| Total Investments 128.8% (Cost $3,914,690) |  | $3726965 |
| **Financial Derivative Instruments (l)(n) (1.0)**%(Cost or Premiums, net $8,789) |  | (29975) |
| Other Assets and Liabilities, net (27.8)% |  | (803325) |
| Net Assets 100.0% |  | $2893665 |

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------

<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** |
| **(c)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(d)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(e)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(f)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(g)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(h)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(i)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(j)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Coupon | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | 2.129 | 11/24/2026 | 11/24/2026 | 11/24/2026 | 11/17/2020 | 11/17/2020 | 4400 | 4400 | 4400 | $ | 3886 | 3886 | 0.13 |
| Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | 3.035 | 05/28/2032 | 05/28/2032 | 05/28/2032 | 05/27/2021 - 06/16/2021 | 05/27/2021 - 06/16/2021 | 3104 | 3104 | 3104 |  | 2357 | 2357 | 0.08 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | 3.950 | 03/25/2051 | 03/25/2051 | 03/25/2051 | 03/22/2021 | 03/22/2021 | 3694 | 3694 | 3694 |  | 2652 | 2652 | 0.09 |
|  |  |  |  |  |  |  |  | $ | 11198 | 11198 | $ | $ | 8895 | 0.30%  | 0.30%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(k)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Lending<br>Rate | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | 4.280%  | 01/03/2023 | 143200 | 143200 | &nbsp;&nbsp; U.S. Treasury Notes 3.025% due 06/30/2029 | &nbsp;&nbsp; U.S. Treasury Notes 3.025% due 06/30/2029 | &nbsp;&nbsp; U.S. Treasury Notes 3.025% due 06/30/2029 | &nbsp;&nbsp; U.S. Treasury Notes 3.025% due 06/30/2029 | &nbsp;&nbsp; U.S. Treasury Notes 3.025% due 06/30/2029 | (146064) | (146064) | (146064) | 143200 | $ | $143268 |
| NOM | 4.260  | 01/04/2023 | 802000 | 802000 | &nbsp;&nbsp; U.S. Treasury Bonds 1.125% - 5.000% due 05/15/2037 - 08/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 1.125% - 5.000% due 05/15/2037 - 08/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 1.125% - 5.000% due 05/15/2037 - 08/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 1.125% - 5.000% due 05/15/2037 - 08/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 1.125% - 5.000% due 05/15/2037 - 08/15/2051 | (817379) | (817379) | (817379) | 802000 |  | 802000 |
|  | 4.280  | 01/03/2023 | 741200 | 741200 | &nbsp;&nbsp; U.S. Treasury Notes 1.125% - 1.375% due 10/31/2028 - 11/15/2031 | &nbsp;&nbsp; U.S. Treasury Notes 1.125% - 1.375% due 10/31/2028 - 11/15/2031 | &nbsp;&nbsp; U.S. Treasury Notes 1.125% - 1.375% due 10/31/2028 - 11/15/2031 | &nbsp;&nbsp; U.S. Treasury Notes 1.125% - 1.375% due 10/31/2028 - 11/15/2031 | &nbsp;&nbsp; U.S. Treasury Notes 1.125% - 1.375% due 10/31/2028 - 11/15/2031 | (755957) | (755957) | (755957) | 741200 |  | 741553 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  | **(1719400)** | **(1719400)** | **(1719400)** | **1686400** | **$** | $**1686821** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **(l)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | 833 | 833 | 833 | $170830 | 170830 | 113 | 113 | 113 | $ | $0 | 0 | $ | (130) |
| U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | 1678 | 1678 | 1678 | 188434 | 188434 | (1562) | (1562) | (1562) |  | 0 | 0 |  | (236) |
| U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | 295 | 295 | 295 | 36976 | 36976 | (710) | (710) | (710) |  | 0 | 0 |  | (46) |
|  |  |  |  |  |  |  |  | (2159) | (2159) | $ | $ | 0 | $ | $ | (412) |

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<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | 03/2023 | 03/2023 | 188 | (26751) | $1695 | 1695 | $213 | 213 | 213 | (95) |
| Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | 03/2023 | 03/2023 | 28 | (4053) | 766 | 766 | 105 | 105 | 105 | (18) |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 03/2023 | 03/2023 | 3704 | (399772) | 732 | 732 | 318 | 318 | 318 | 0 |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 03/2023 | 03/2023 | 443 | (59500) | 1515 | 1515 | 222 | 222 | 222 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 4708 | $ | 858 | 858 | $ | (113) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **2549** | **$** | **858** | **858** | **$** | **(525)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Liability |
| AT&T, Inc.  | AT&T, Inc.  | AT&T, Inc.  | 1.000% | Quarterly | 12/20/2025 | 12/20/2025 | 0.967 | 0.967 | 0.967 | $ | 500 | 7 | (6) | 1 | 1 | $ | 0 | 0 |
| AT&T, Inc.  | AT&T, Inc.  | AT&T, Inc.  | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.998 | 0.998 | 0.998 |  | 9300 | 152 | (148) | 4 | 4 |  | 0 | (2) |
| Boeing Co.  | Boeing Co.  | Boeing Co.  | 1.000 | Quarterly | 06/20/2023 | 06/20/2023 | 0.709 | 0.709 | 0.709 |  | 7700 | 19 | (6) | 13 | 13 |  | 1 | 0 |
| Boeing Co.  | Boeing Co.  | Boeing Co.  | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 1.297 | 1.297 | 1.297 |  | 4300 | (17) | (27) | (44) | (44) |  | 2 | 0 |
| General Electric Co.  | General Electric Co.  | General Electric Co.  | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.801 | 0.801 | 0.801 |  | 5100 | 34 | 0 | 34 | 34 |  | 0 | (2) |
| General Electric Co.  | General Electric Co.  | General Electric Co.  | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 0.870 | 0.870 | 0.870 |  | 500 | 6 | (3) | 3 | 3 |  | 0 | 0 |
| General Motors Co.  | General Motors Co.  | General Motors Co.  | 5.000 | Quarterly | 12/20/2026 | 12/20/2026 | 1.964 | 1.964 | 1.964 |  | 12700 | 2527 | (1149) | 1378 | 1378 |  | 1 | 0 |
| Rolls-Royce PLC  | Rolls-Royce PLC  | Rolls-Royce PLC  | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 2.767 | 2.767 | 2.767 | EUR | 200 | (19) | 9 | (10) | (10) |  | 0 | 0 |
| Stellantis NV  | Stellantis NV  | Stellantis NV  | 5.000 | Quarterly | 12/20/2026 | 12/20/2026 | 1.519 | 1.519 | 1.519 |  | 6100 | 1407 | (565) | 842 | 842 |  | 4 | 0 |
| Volkswagen International Finance NV  | Volkswagen International Finance NV  | Volkswagen International Finance NV  | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 1.092 | 1.092 | 1.092 |  | 24300 | 298 | (355) | (57) | (57) |  | 18 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 4414 | (2250) | 2164 | 2164 | $ | 26 | (4) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Liability |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750% | Annual | Annual | 06/15/2024 | 06/15/2024 | $ | 416500 | (16552) | (3389) | (19941) | (19941) | (19941) | 0 | (346) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | Annual | 06/15/2027 | 06/15/2027 |  | 185900 | (14070) | (2520) | (16590) | (16590) | (16590) | 0 | (281) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | Annual | 06/15/2032 | 06/15/2032 |  | 267200 | 32351 | 7835 | 40186 | 40186 | 40186 | 696 | 0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | Annual | 06/15/2052 | 06/15/2052 |  | 2100 | (516) | (72) | (588) | (588) | (588) | 0 | (10) |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.000 | Semi-Annual | Semi-Annual | 12/16/2025 | 12/16/2025 |  | 48700 | 1097 | (5687) | (4590) | (4590) | (4590) | 0 | (81) |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 0.500 | Semi-Annual | Semi-Annual | 06/16/2028 | 06/16/2028 |  | 138800 | (8152) | (15709) | (23861) | (23861) | (23861) | 0 | (275) |
| Receive | Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.000 | Semi-Annual | Semi-Annual | 12/16/2030 | 12/16/2030 |  | 119200 | 3138 | 20446 | 23584 | 23584 | 23584 | 272 | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.250 | Semi-Annual | Semi-Annual | 06/16/2051 | 06/16/2051 |  | 44400 | 8997 | 9378 | 18375 | 18375 | 18375 | 207 | 0 |
| Pay<sup>(5)</sup> | Pay<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.750 | Annual | Annual | 03/15/2033 | 03/15/2033 | EUR | 58900 | (5141) | (2722) | (7863) | (7863) | (7863) | 0 | (310) |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.500 | Annual | Annual | 03/15/2053 | 03/15/2053 |  | 20900 | 2853 | 1744 | 4597 | 4597 | 4597 | 216 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 4005 | 9304 | 13309 | 13309 | $ | 1391 | (1303) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **8419** | **7054** | **15473** | **15473** | **$** | **1417** | **(1307)** |
| **(m)** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $11,616 and cash of $39,818 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |

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<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(n)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 01/2023  | 2187476 | $5585 | $0 | $(280) |
|  |  | 02/2023  | 21383 | 22612 | 0 | (621) |
|  |  | 02/2023  | 7703 | 8174 | 0 | (95) |
|  |  | 02/2023  | 61644 | 72838 | 38 | (1806) |
|  |  | 02/2023  | 1156700 | 8607 | 0 | (255) |
|  |  | 02/2023  | 13369 | 1347 | 0 | (20) |
|  |  | 02/2023  | 90302 | 8718 | 43 | 0 |
|  |  | 02/2023  | $3209 | 3004 | 16 | 0 |
|  |  | 03/2023  | 23564 | $1186 | 0 | (7) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 01/2023  | 7419 | 1419 | 14 | 0 |
|  |  | 01/2023  | 980775 | 2549 | 0 | (81) |
|  |  | 01/2023  | 4052 | 1182 | 29 | 0 |
|  |  | 01/2023  | $1989 | 10810 | 59 | 0 |
|  |  | 03/2023  | 1469 | 121832 | 0 | (3) |
|  |  | 03/2023  | 60786 | 1225092 | 1214 | 0 |
|  |  | 03/2023  | 17 | 507 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 01/2023  | 1202203 | $3135 | 0 | (88) |
|  |  | 01/2023  | 5383 | 3997 | 0 | (23) |
|  |  | 01/2023  | $182 | 1269 | 2 | 0 |
|  |  | 02/2023  | 10416 | $11105 | 0 | (212) |
|  |  | 02/2023  | 3106 | 3819 | 60 | 0 |
|  |  | 02/2023  | 20386 | 2043 | 0 | (42) |
|  |  | 02/2023  | $2062 | 1966 | 48 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 02/2023  | 1137 | 11345 | 23 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 01/2023  | 1316 | $251 | 2 | 0 |
|  |  | 01/2023  | 6126 | 6 | 0 | (1) |
|  |  | 01/2023  | 9580 | 1358 | 0 | (21) |
|  |  | 01/2023  | 37194 | 11775 | 1194 | 0 |
|  |  | 01/2023  | $994 | 5274 | 5 | 0 |
|  |  | 01/2023  | 2314 | 2990521 | 61 | 0 |
|  |  | 02/2023  | 39618 | $26554 | 0 | (467) |
|  |  | 02/2023  | 6627 | 1228 | 0 | (20) |
|  |  | 02/2023  | 3269 | 3499 | 0 | (10) |
|  |  | 02/2023  | $2022 | 3019 | 37 | 0 |
|  |  | 02/2023  | 1320 | 1236 | 7 | 0 |
|  |  | 02/2023  | 5166 | 4325 | 80 | (11) |
|  |  | 03/2023  | 2269 | 68122 | 0 | (36) |
|  |  | 05/2023  | 175 | 3545 | 2 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | &nbsp;&nbsp;&nbsp;&nbsp; GLM | 01/2023  | 7348 | $1379 | 0 | (13) |
|  |  | 01/2023  | 8382 | 1077 | 2 | 0 |
|  |  | 01/2023  | 15 | 0 | 0 | 0 |
|  |  | 01/2023  | $189 | 1318 | 1 | 0 |
|  |  | 03/2023  | 361133 | $17567 | 0 | (709) |
|  |  | 03/2023  | $1143 | 22939 | 18 | 0 |
|  |  | 04/2023  | 1355 | 7348 | 13 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 01/2023  | 520561 | $1328 | 0 | (68) |
|  |  | 02/2023  | 9540500 | 69229 | 0 | (3871) |
|  |  | 02/2023  | 870829 | 42477 | 0 | (1826) |
|  |  | 02/2023  | $494 | 14992 | 0 | (4) |
|  |  | 03/2023  | 493073 | $32 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | 123237 | 17408 | 0 | (340) |
|  |  | 01/2023  | 34792 | 4469 | 10 | 0 |
|  |  | 02/2023  | 298088 | 309145 | 0 | (10863) |
|  |  | 03/2023  | 299267 | 19 | 0 | 0 |
|  |  | 03/2023  | 316328 | 3819 | 12 | 0 |
|  |  | 03/2023  | 96612 | 3209 | 42 | 0 |
|  |  | 03/2023  | $2769 | 229885 | 0 | (3) |
|  |  | 05/2023  | 1247 | $186 | 4 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 01/2023  | $2326 | 16630 | 69 | 0 |
|  |  | 02/2023  | 1857 | $1254 | 0 | (13) |
|  |  | 02/2023  | 19576 | 1894 | 13 | 0 |
|  |  | 02/2023  | $8175 | 7847 | 249 | 0 |
|  |  | 02/2023  | 7550 | 1039500 | 415 | 0 |
|  |  | 02/2023  | 909 | 27716 | 0 | (3) |
|  |  | 02/2023  | 327 | 6071 | 29 | 0 |
|  |  | 03/2023  | 421653 | $27 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 01/2023  | 4083375 | 3107 | 0 | (137) |
|  |  | 01/2023  | $1178 | 1557102 | 58 | 0 |
|  |  | 02/2023  | 2365 | $2555 | 0 | (15) |
|  |  | 02/2023  | 7766 | 8213 | 0 | (124) |
|  |  | 02/2023  | 4839 | 157 | 0 | (1) |

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<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | 02/2023  | 02/2023  | $ | $ | $ | 2756 | 2756 | 2756 | CHF | CHF | 2586 | 2586 | 54 | 54 |  | 0 | 0 |
|  |  |  | 04/2023  | 04/2023  | ZAR | ZAR | ZAR | 10286 | 10286 | 10286 | $ | $ | 559 | 559 | 0 | 0 |  | (41) | (41) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 01/2023  | 01/2023  | HKD | HKD | HKD | 42057 | 42057 | 42057 |  |  | 5401 | 5401 | 11 | 11 |  | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; TOR | &nbsp;&nbsp;&nbsp;&nbsp; TOR | &nbsp;&nbsp;&nbsp;&nbsp; TOR | 01/2023  | 01/2023  | $ | $ | $ | 10457 | 10457 | 10457 | ILS | ILS | 37066 | 37066 | 88 | 88 |  | 0 | 0 |
|  |  |  | 02/2023  | 02/2023  | ZAR | ZAR | ZAR | 18467 | 18467 | 18467 | $ | $ | 1070 | 1070 | 0 | 0 |  | (13) | (13) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 01/2023  | 01/2023  | DKK | DKK | DKK | 136869 | 136869 | 136869 |  |  | 19158 | 19158 | 0 | 0 |  | (554) | (554) |
|  |  |  | 01/2023  | 01/2023  | HUF | HUF | HUF | 388289 | 388289 | 388289 |  |  | 1012 | 1012 | 0 | 0 |  | (29) | (29) |
|  |  |  | 01/2023  | 01/2023  | $ | $ | $ | 2745 | 2745 | 2745 | HKD | HKD | 21343 | 21343 | 0 | 0 |  | (9) | (9) |
|  |  |  | 02/2023  | 02/2023  |  |  |  | 37 | 37 | 37 | IDR | IDR | 583843 | 583843 | 1 | 1 |  | 0 | 0 |
|  |  |  | 04/2023  | 04/2023  |  |  |  | 551 | 551 | 551 | ZAR | ZAR | 10286 | 10286 | 49 | 49 |  | 0 | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**4072** | **4072** | **$** | $**(22735)** | **(22735)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| JPM | Hochtief AG  | Hochtief AG  | Hochtief AG  | 5.000% | 5.000% | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 1.661% | 1.661% | 1.661% | 1.661% | 1600 | 370 | $(208) | (208) | 162 | $0 |
| **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(5)</sup> | Underlying<br>Reference | Underlying<br>Reference | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | Receive | RADMFXNT Index  | RADMFXNT Index  | RADMFXNT Index  | 64549 | &nbsp;&nbsp; 4.320% (1-Month USD-LIBOR less a specified spread) | &nbsp;&nbsp; 4.320% (1-Month USD-LIBOR less a specified spread) | Monthly | Monthly | Monthly | 02/08/2023 | 02/08/2023 | 93551 | 0 | $(339) | (339) | 0 | $(339) |
|  |  | Receive | RU20INTR Index  | RU20INTR Index  | RU20INTR Index  | 6024 | &nbsp;&nbsp; 4.380% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.380% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 02/08/2023 | 02/08/2023 | 55704 | 0 | (220) | (220) | 0 | (220) |
|  |  | Receive | ERADXULT Index  | ERADXULT Index  | ERADXULT Index  | 26554 | &nbsp;&nbsp; 4.920% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.920% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 03/15/2023 | 03/15/2023 | 54055 | 0 | (252) | (252) | 0 | (252) |
|  |  | Receive | RADMFXNT Index  | RADMFXNT Index  | RADMFXNT Index  | 6842 | &nbsp;&nbsp; 4.405% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.405% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 04/05/2023 | 04/05/2023 | 9916 | 0 | (58) | (58) | 0 | (58) |
|  |  | Receive | RADMFXNT Index  | RADMFXNT Index  | RADMFXNT Index  | 43924 | &nbsp;&nbsp; 4.390% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.390% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 05/24/2023 | 05/24/2023 | 63659 | 0 | (234) | (234) | 0 | (234) |
|  |  | Receive | ERADXULT Index  | ERADXULT Index  | ERADXULT Index  | 6549 | &nbsp;&nbsp; 4.940% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.940% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 06/14/2023 | 06/14/2023 | 13332 | 0 | (55) | (55) | 0 | (55) |
|  |  | Receive | RADMFXNT Index  | RADMFXNT Index  | RADMFXNT Index  | 5873 | &nbsp;&nbsp; 4.360% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.360% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 06/14/2023 | 06/14/2023 | 8512 | 0 | (31) | (31) | 0 | (31) |
|  |  | Receive | ERADXULT Index  | ERADXULT Index  | ERADXULT Index  | 4588 | &nbsp;&nbsp; 5.020% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 5.020% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 08/09/2023 | 08/09/2023 | 9340 | 0 | (40) | (40) | 0 | (40) |
|  |  | Receive | ERAEMLT Index  | ERAEMLT Index  | ERAEMLT Index  | 158 | &nbsp;&nbsp; 5.540% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 5.540% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 09/13/2023 | 09/13/2023 | 554 | 0 | (3) | (3) | 0 | (3) |
|  |  | Receive | RADMFXNT Index  | RADMFXNT Index  | RADMFXNT Index  | 42826 | &nbsp;&nbsp; 4.410% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.410% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 09/13/2023 | 09/13/2023 | 62068 | 0 | (235) | (235) | 0 | (235) |
|  |  | Receive | RADMFENT Index  | RADMFENT Index  | RADMFENT Index  | 1109 | &nbsp;&nbsp; 4.780% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.780% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 10/11/2023 | 10/11/2023 | 1502 | 0 | (6) | (6) | 0 | (6) |
|  |  | Receive | RADMFENT Index  | RADMFENT Index  | RADMFENT Index  | 3984 | &nbsp;&nbsp; 4.810% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.810% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 10/25/2023 | 10/25/2023 | 5397 | 0 | (22) | (22) | 0 | (22) |
|  |  | Receive | RADMFENT Index  | RADMFENT Index  | RADMFENT Index  | 34347 | &nbsp;&nbsp; 4.770% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.770% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | Monthly | 11/08/2023 | 11/08/2023 | 46525 | 0 | (191) | (191) | 0 | (191) |

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<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; CBK | Receive | NDDUEAFE Index  | 15578 | &nbsp;&nbsp; 4.310% (1-Month USD-LIBOR less a specified spread) | Monthly | 08/02/2023 | 102555 | 0 | (372) | 0 | (372) |
| &nbsp;&nbsp; FAR | Receive | ERAUSST Index  | 15392 | &nbsp;&nbsp; 4.480% (1-Month USD-LIBOR plus a specified spread) | Monthly | 05/10/2023 | 80716 | 0 | (333) | 0 | (333) |
| &nbsp;&nbsp; JPM | Receive | RADMFXNT Index  | 17797 | &nbsp;&nbsp; 4.850% (1-Month USD-LIBOR plus a specified spread) | Monthly | 01/11/2023 | 24107 | 0 | (137) | 0 | (137) |
|  | Receive | ERADXULT Index  | 9394 | &nbsp;&nbsp; 4.870% (1-Month USD-LIBOR plus a specified spread) | Monthly | 02/15/2023 | 19123 | 0 | (78) | 0 | (78) |
|  | Receive | ERAEMLT Index  | 4248 | &nbsp;&nbsp; 5.280% (1-Month USD-LIBOR plus a specified spread) | Monthly | 02/15/2023 | 14895 | 0 | (67) | 0 | (67) |
|  | Receive | ERADXULT Index  | 66554 | &nbsp;&nbsp; 4.830% (1-Month USD-LIBOR plus a specified spread) | Monthly | 03/15/2023 | 135483 | 0 | (551) | 0 | (551) |
|  | Receive | NDUEEGF Index  | 14065 | &nbsp;&nbsp; 4.350% (1-Month USD-LIBOR plus a specified spread) | Monthly | 04/05/2023 | 6836 | 0 | (25) | 0 | (25) |
|  | Receive | NDUEEGF Index  | 16499 | &nbsp;&nbsp; 4.930% (1-Month USD-LIBOR plus a specified spread) | Monthly | 04/05/2023 | 8019 | 0 | (24) | 0 | (24) |
|  | Receive | ERAEMLT Index  | 16044 | &nbsp;&nbsp; 5.280% (1-Month USD-LIBOR plus a specified spread) | Monthly | 04/12/2023 | 56254 | 0 | (251) | 0 | (251) |
|  | Receive | ERADXULT Index  | 3092 | &nbsp;&nbsp; 4.950% (1-Month USD-LIBOR plus a specified spread) | Monthly | 04/26/2023 | 6294 | 0 | (26) | 0 | (26) |
|  | Receive | ERAEMLT Index  | 249 | &nbsp;&nbsp; 5.320% (1-Month USD-LIBOR plus a specified spread) | Monthly | 05/10/2023 | 873 | 0 | (4) | 0 | (4) |
|  | Receive | ERAUSST Index  | 10459 | &nbsp;&nbsp; 4.480% (1-Month USD-LIBOR plus a specified spread) | Monthly | 05/10/2023 | 54847 | 0 | (226) | 0 | (226) |
|  | Receive | RADMFENT Index  | 72495 | &nbsp;&nbsp; 4.710% (1-Month USD-LIBOR plus a specified spread) | Monthly | 05/24/2023 | 98199 | 0 | (397) | 0 | (397) |
|  | Receive | NDDUEAFE Index  | 4242 | &nbsp;&nbsp; 4.310% (1-Month USD-LIBOR less a specified spread) | Monthly | 07/19/2023 | 27927 | 0 | (101) | 0 | (101) |
|  | Receive | RADMFXNT Index  | 38474 | &nbsp;&nbsp; 4.415% (1-Month USD-LIBOR plus a specified spread) | Monthly | 08/02/2023 | 55760 | 0 | (207) | 0 | (207) |
|  | Receive | RADMFENT Index  | 38582 | &nbsp;&nbsp; 4.830% (1-Month USD-LIBOR plus a specified spread) | Monthly | 08/09/2023 | 52262 | 0 | (217) | 0 | (217) |
|  | Receive | ERAUSLT Index  | 326895 | &nbsp;&nbsp; 4.600% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 146348 | 0 | (604) | 0 | (604) |
|  | Receive | RADMFENT Index  | 43852 | &nbsp;&nbsp; 0.000% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 59400 | 0 | (241) | 0 | (241) |
|  | Receive | RADMFENT Index  | 74224 | &nbsp;&nbsp; 4.730% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 100541 | 0 | (408) | 0 | (408) |
|  | Receive | RADMFXNT Index  | 69774 | &nbsp;&nbsp; 3.880% (1-Month USD-LIBOR less a specified spread) | Monthly | 09/13/2023 | 124709 | 0 | (426) | 0 | (426) |
|  | Receive | RADMFXNT Index  | 72686 | &nbsp;&nbsp; 4.390% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 105344 | 0 | (388) | 0 | (388) |

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<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Receive | RU20INTR Index  | 7523 | &nbsp;&nbsp; 4.330% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 69566 | 0 | (272) | 0 | (272) |
|  | Receive | RADMFENT Index  | 18606 | &nbsp;&nbsp; 4.700% (1-Month USD-LIBOR plus a specified spread) | Monthly | 10/11/2023 | 25203 | 0 | (80) | 0 | (80) |
|  | Receive | ERAUSST Index  | 7676 | &nbsp;&nbsp; 4.480% (1-Month USD-LIBOR plus a specified spread) | Monthly | 10/18/2023 | 40253 | 0 | (166) | 0 | (166) |
|  | Receive | ERAEMLT Index  | 12317 | &nbsp;&nbsp; 5.350% (1-Month USD-LIBOR plus a specified spread) | Monthly | 11/08/2023 | 43186 | 0 | (167) | 0 | (167) |
| &nbsp;&nbsp; MBC | Receive | NDUEEGF Index  | 18903 | &nbsp;&nbsp; 4.050% (1-Month USD-LIBOR less a specified spread) | Monthly | 02/08/2023 | 9188 | 0 | (32) | 0 | (32) |
|  | Receive | NDDUEAFE Index  | 91 | &nbsp;&nbsp; 4.340% (1-Month USD-LIBOR plus a specified spread) | Monthly | 04/05/2023 | 599 | 0 | (2) | 0 | (2) |
|  | Receive | NDUEEGF Index  | 23336 | &nbsp;&nbsp; 4.260% (1-Month USD-LIBOR less a specified spread) | Monthly | 04/05/2023 | 11343 | 0 | (41) | 0 | (41) |
|  | Receive | ERAUSST Index  | 4861 | &nbsp;&nbsp; 4.210% (1-Month USD-LIBOR less a specified spread) | Monthly | 04/12/2023 | 25491 | 0 | (98) | 0 | (98) |
| &nbsp;&nbsp; MEI | Receive | ERAEMLT Index  | 2547 | &nbsp;&nbsp; 5.330% (1-Month USD-LIBOR plus a specified spread) | Monthly | 01/11/2023 | 8930 | 0 | (40) | 0 | (40) |
|  | Receive | ERAEMLT Index  | 4920 | &nbsp;&nbsp; 5.260% (1-Month USD-LIBOR plus a specified spread) | Monthly | 03/15/2023 | 17251 | 0 | (77) | 0 | (77) |
|  | Receive | ERAEMLT Index  | 32451 | &nbsp;&nbsp; 5.200% (1-Month USD-LIBOR plus a specified spread) | Monthly | 03/29/2023 | 113781 | 0 | (500) | 0 | (500) |
|  | Receive | NDDUEAFE Index  | 4417 | &nbsp;&nbsp; 4.270% (1-Month USD-LIBOR less a specified spread) | Monthly | 06/21/2023 | 29079 | 0 | (104) | 0 | (104) |
|  | Receive | ERAEMLT Index  | 35420 | &nbsp;&nbsp; 5.310% (1-Month USD-LIBOR plus a specified spread) | Monthly | 07/12/2023 | 124191 | 0 | (626) | 0 | (626) |
|  | Receive | NDDUEAFE Index  | 16380 | &nbsp;&nbsp; 4.280% (1-Month USD-LIBOR less a specified spread) | Monthly | 08/16/2023 | 107835 | 0 | (388) | 0 | (388) |
|  | Receive | ERADXULT Index  | 71306 | &nbsp;&nbsp; 4.975% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 145156 | 0 | (609) | 0 | (609) |
| &nbsp;&nbsp; MYI | Receive | RU20INTR Index  | 2760 | &nbsp;&nbsp; 4.170% (1-Month USD-LIBOR less a specified spread) | Monthly | 04/12/2023 | 25522 | 0 | (96) | 0 | (96) |
|  | Receive | NDDUEAFE Index  | 6957 | &nbsp;&nbsp; 4.300% (1-Month USD-LIBOR less a specified spread) | Monthly | 05/17/2023 | 45800 | 0 | (166) | 0 | (166) |
|  | Receive | NDDUEAFE Index  | 1851 | &nbsp;&nbsp; 4.310% (1-Month USD-LIBOR less a specified spread) | Monthly | 05/17/2023 | 12186 | 0 | (44) | 0 | (44) |
|  | Receive | NDDUEAFE Index  | 2901 | &nbsp;&nbsp; 4.330% (1-Month USD-LIBOR plus a specified spread) | Monthly | 05/24/2023 | 19098 | 0 | (70) | 0 | (70) |
|  | Receive | RU20INTR Index  | 3242 | &nbsp;&nbsp; 4.200% (1-Month USD-LIBOR less a specified spread) | Monthly | 06/07/2023 | 29979 | 0 | (113) | 0 | (113) |
|  | Receive | NDDUEAFE Index  | 1394 | &nbsp;&nbsp; 4.210% (1-Month USD-LIBOR less a specified spread) | Monthly | 06/14/2023 | 9177 | 0 | (27) | 0 | (27) |

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<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Receive | RU20INTR Index  | 534 | &nbsp;&nbsp; 4.230% (1-Month USD-LIBOR less a specified spread) | Monthly | 07/12/2023 | 4938 | 0 | 0 | 0 | 0 | 0 |
|  |  | Receive | NDDUEAFE Index  | 25651 | &nbsp;&nbsp; 4.300% (1-Month USD-LIBOR less a specified spread) | Monthly | 09/13/2023 | 168870 | 0 | (611) | (611) | 0 | (611) |
| &nbsp;&nbsp; UAG | &nbsp;&nbsp; UAG | Receive | RU20INTR Index  | 454 | &nbsp;&nbsp; 4.480% (1-Month USD-LIBOR plus a specified spread) | Monthly | 02/01/2023 | 4198 | 0 | (17) | (17) | 0 | (17) |
|  |  | Receive | ERAUSST Index  | 1318 | &nbsp;&nbsp; 4.380% (1-Month USD-LIBOR plus a specified spread) | Monthly | 04/05/2023 | 6912 | 0 | 0 | 0 | 0 | 0 |
|  |  | Receive | NDDUEAFE Index  | 18753 | &nbsp;&nbsp; 4.290% (1-Month USD-LIBOR less a specified spread) | Monthly | 07/12/2023 | 123458 | 0 | (446) | (446) | 0 | (446) |
|  |  | Receive | ERAUSST Index  | 11355 | &nbsp;&nbsp; 4.430% (1-Month USD-LIBOR plus a specified spread) | Monthly | 08/23/2023 | 59546 | 0 | (242) | (242) | 0 | (242) |
|  |  | Receive | ERAUSST Index  | 5335 | &nbsp;&nbsp; 4.430% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/06/2023 | 27977 | 0 | (114) | (114) | 0 | (114) |
|  |  |  |  |  |  |  |  |  | 0 | $(11917) | (11917) | $0 | $(11917) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **370** | $**(12125)** | **(12125)** | $**162** | $**(11917)** |
| **(o)** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $74,061 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | $154078 | $0 | 0 | $ | 154078 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 51004 | 0 | 0 |  | 51004 |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 10759 | 0 | 0 |  | 10759 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |  |
| California | California | California | California | California | California | 0 | 0 | 2194 | 0 | 0 |  | 2194 |  |
| Illinois | Illinois | Illinois | Illinois | Illinois | Illinois | 0 | 0 | 460 | 0 | 0 |  | 460 |  |
| Nebraska | Nebraska | Nebraska | Nebraska | Nebraska | Nebraska | 0 | 0 | 23 | 0 | 0 |  | 23 |  |
| Ohio | Ohio | Ohio | Ohio | Ohio | Ohio | 0 | 0 | 55 | 0 | 0 |  | 55 |  |
| Pennsylvania | Pennsylvania | Pennsylvania | Pennsylvania | Pennsylvania | Pennsylvania | 0 | 0 | 5 | 0 | 0 |  | 5 |  |
| Washington | Washington | Washington | Washington | Washington | Washington | 0 | 0 | 725 | 0 | 0 |  | 725 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 8779 | 0 | 0 |  | 8779 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 119023 | 0 | 0 |  | 119023 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 298869 | 0 | 0 |  | 298869 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 1232945 | 0 | 0 |  | 1232945 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 992 | 0 | 0 |  | 992 |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 545 | 545 | 2740 | 0 | 0 |  | 3285 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | 0 | 0 | 8190 | 0 | 0 |  | 8190 |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 1686400 | 0 | 0 |  | 1686400 |  |
| Short-Term Notes | Short-Term Notes | Short-Term Notes | Short-Term Notes | Short-Term Notes | Short-Term Notes | 0 | 0 | 117643 | 0 | 0 |  | 117643 |  |
| Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | 0 | 0 | 14206 | 0 | 0 |  | 14206 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 17151 | 0 | 0 |  | 17151 |  |

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<br> Schedule of Investments PIMCO All Asset: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
|  | $545 | $3726241 | $0 | $3726786 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $179 | $0 | $0 | $179 |
| Total Investments | $724 | $3726241 | $0 | $3726965 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 318 | 1957 | 0 | 2275 |
| Over the counter | 0 | 4234 | 0 | 4234 |
|  | $318 | $6191 | $0 | $6509 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (113) | (1719) | 0 | (1832) |
| Over the counter | 0 | (34652) | 0 | (34652) |
|  | $(113) | $(36371) | $0 | $(36484) |
| Total Financial Derivative Instruments | $205 | $(30180) | $0 | $(29975) |
| Totals | $929 | $3696061 | $0 | $3696990 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 162.9% ¤** |  |  |
| **CORPORATE BONDS & NOTES 3.9%**  |  |  |
| **BANKING & FINANCE 3.9%**  |  |  |
| **Ally Financial, Inc.** <br>8.000% due 11/01/2031 | $176 | $182 |
| **American Tower Corp.** <br>3.000% due 06/15/2023 | 39 | 39 |
| **Avolon Holdings Funding Ltd.**  |  |  |
| 2.528% due 11/18/2027  | 46 | 37 |
| 3.950% due 07/01/2024  | 157 | 150 |
| **Crown Castle, Inc.** <br>3.150% due 07/15/2023 | 666 | 659 |
| **HSBC Holdings PLC** <br>6.000% due 03/29/2040 | 274 | 303 |
| **Jyske Realkredit AS**  |  |  |
| 0.500% due 10/01/2043  | 8630 | 950 |
| 1.000% due 10/01/2050  | 33828 | 3588 |
| 1.000% due 10/01/2053  | 24886 | 2459 |
| 1.500% due 10/01/2053  | 26355 | 2863 |
| 2.000% due 10/01/2053  | 3979 | 456 |
| **NatWest Group PLC**  |  |  |
| 4.519% due 06/25/2024 •  | $488 | 483 |
| 6.274% (US0003M + 1.550%) due 06/25/2024 ~  | 769 | 769 |
| **Nissan Motor Acceptance Co. LLC** <br>3.450% due 03/15/2023 | 20 | 20 |
| **Nordea Kredit Realkreditaktieselskab**  |  |  |
| 0.500% due 10/01/2043  | 3560 | 392 |
| 1.000% due 10/01/2050  | 44420 | 4724 |
| 1.500% due 10/01/2053  | 41019 | 4309 |
| **Nykredit Realkredit AS**  |  |  |
| 0.500% due 10/01/2043  | 46021 | 5056 |
| 1.000% due 10/01/2050  | 113085 | 11999 |
| 1.000% due 10/01/2053  | 22456 | 2362 |
| 1.500% due 10/01/2053  | 263855 | 28340 |
| 2.000% due 10/01/2053  | 28735 | 3178 |
| **Realkredit Danmark AS**  |  |  |
| 1.000% due 10/01/2050  | 25517 | 2710 |
| 1.000% due 10/01/2053  | 50599 | 5001 |
| 1.500% due 10/01/2053  | 92785 | 10042 |
| 2.000% due 10/01/2053  | 8380 | 921 |
| 2.500% due 04/01/2047  | 2 | 0 |
| 3.000% due 10/01/2053  | 10518 | 1347 |
| **UniCredit SpA** <br>7.830% due 12/04/2023 | $910 | 920 |
|  |  | 94259 |
| **INDUSTRIALS 0.0%**  |  |  |
| **Energy Transfer LP** <br>3.600% due 02/01/2023 | 20 | 20 |
| **Enterprise Products Operating LLC** <br>3.350% due 03/15/2023 | 39 | 39 |
| **RELX Capital, Inc.** <br>3.500% due 03/16/2023 | 20 | 20 |
| **TransCanada PipeLines Ltd.** <br>3.750% due 10/16/2023 | 11 | 11 |
| **U.S. Airways Pass-Through Trust** <br>7.125% due 04/22/2025 | 31 | 32 |
| **VMware, Inc.** <br>3.900% due 08/21/2027 | 39 | 36 |
|  |  | 158 |
| **UTILITIES 0.0%**  |  |  |
| **Verizon Communications, Inc.**  |  |  |
| 2.355% due 03/15/2032  | 46 | 36 |

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<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| 4.016% due 12/03/2029  | 285 | 267 |
|  |  | 303 |
| Total Corporate Bonds & Notes (Cost $134,828) |  | 94720 |
| **U.S. GOVERNMENT AGENCIES 4.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 2.125% due 04/24/2026 | 705 | 661 |
| 2.889% due 09/01/2044 - 10/01/2044 •  | 2 | 2 |
| 3.462% due 05/01/2038 •  | 260 | 264 |
| 4.639% due 06/25/2048 •  | 3851 | 3698 |
| 4.819% due 10/25/2036 ~ | 2 | 2 |
| 4.839% due 08/25/2037 •  | 52 | 52 |
| **Freddie Mac**  |  |  |
| 3.757% due 09/01/2036 •  | 3 | 3 |
| 3.928% due 10/01/2036 •  | 3 | 3 |
| 4.133% due 07/01/2036 •  | 7 | 7 |
| 4.698% due 07/15/2036 •  | 19 | 18 |
| 4.768% due 05/15/2032 - 09/15/2042 •  | 147 | 145 |
| 4.918% due 12/15/2037 ~ | 25 | 25 |
| 4.938% due 10/15/2037 •  | 36 | 36 |
| **Ginnie Mae**  |  |  |
| 0.102% due 10/16/2053 ~(a) | 92 | 0 |
| 2.673% due 10/20/2043 •  | 292 | 279 |
| 3.858% due 08/20/2068 ~ | 641 | 623 |
| 4.753% due 02/20/2049 ~ | 426 | 416 |
| **U.S. Small Business Administration**  |  |  |
| 4.840% due 05/01/2025 | 2 | 2 |
| 4.990% due 09/01/2024 | 2 | 2 |
| 5.160% due 02/01/2028 | 2 | 2 |
| 5.310% due 05/01/2027 | 3 | 3 |
| 5.510% due 11/01/2027 | 2 | 2 |
| 5.820% due 06/01/2026 | 2 | 2 |
| 5.870% due 07/01/2028 | 1 | 1 |
| 6.770% due 11/01/2028 | 3 | 3 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.500% due 02/01/2045 - 05/01/2052 | 390 | 355 |
| 4.000% due 09/01/2048 - 04/01/2050 | 102 | 97 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 2.500% due 12/01/2051 | 1500 | 1270 |
| 3.000% due 02/01/2053  | 17400 | 15288 |
| 4.000% due 01/01/2053  | 400 | 375 |
| 4.000% due 02/01/2053 | 46000 | 43157 |
| 4.500% due 02/01/2053 | 20700 | 19928 |
| 5.000% due 02/01/2053 | 18500 | 18229 |
| Total U.S. Government Agencies (Cost $106,231) |  | 104950 |
| **U.S. TREASURY OBLIGATIONS 106.9%**  |  |  |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 07/15/2024  | 39339 | 38075 |
| 0.125% due 10/15/2024  | 84674 | 81555 |
| 0.125% due 04/15/2025  | 95180 | 90727 |
| 0.125% due 10/15/2025  | 85334 | 81118 |
| 0.125% due 04/15/2026  | 73941 | 69535 |
| 0.125% due 07/15/2026  | 77137 | 72709 |
| 0.125% due 10/15/2026  | 95096 | 89168 |
| 0.125% due 04/15/2027 (h) | 45384 | 42312 |
| 0.125% due 01/15/2030  | 96657 | 86880 |
| 0.125% due 07/15/2030  | 107513 | 96332 |
| 0.125% due 01/15/2031 (k) | 117602 | 104521 |
| 0.125% due 07/15/2031  | 137326 | 121438 |
| 0.125% due 01/15/2032  | 86862 | 76148 |
| 0.125% due 02/15/2051 (k) | 16723 | 10786 |
| 0.125% due 02/15/2052 (k) | 28154 | 18262 |
| 0.250% due 01/15/2025 (h) | 102163 | 98017 |
| 0.250% due 07/15/2029  | 75260 | 68941 |
| 0.250% due 02/15/2050  | 49030 | 33111 |
| 0.375% due 07/15/2023  | 45854 | 45312 |
| 0.375% due 07/15/2025  | 75021 | 72066 |
| 0.375% due 01/15/2027  | 90674 | 85537 |
| 0.375% due 07/15/2027  | 59054 | 55679 |
| 0.500% due 04/15/2024  | 45591 | 44340 |
| 0.500% due 01/15/2028  | 147625 | 138885 |
| 0.625% due 04/15/2023  | 144654 | 143180 |
| 0.625% due 01/15/2024  | 82329 | 80588 |
| 0.625% due 01/15/2026  | 34810 | 33424 |
| 0.625% due 07/15/2032  | 105334 | 96566 |
| 0.625% due 02/15/2043  | 49171 | 39715 |
| 0.750% due 07/15/2028 (h) | 88564 | 84406 |
| 0.750% due 02/15/2042  | 39922 | 33450 |
| 0.750% due 02/15/2045  | 53531 | 43341 |
| 0.875% due 01/15/2029  | 98183 | 93589 |
| 0.875% due 02/15/2047  | 38401 | 31518 |
| 1.000% due 02/15/2046  | 25531 | 21708 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 1.000% due 02/15/2048  | 26828 | 22607 |
| 1.000% due 02/15/2049 (k) | 15944 | 13343 |
| 1.375% due 02/15/2044  | 44829 | 41674 |
| 1.625% due 10/15/2027  | 59052 | 59009 |
| 1.750% due 01/15/2028 (k) | 6077 | 6076 |
| 2.000% due 01/15/2026 (k) | 4272 | 4268 |
| 2.125% due 02/15/2040 (k) | 16482 | 17461 |
| 2.125% due 02/15/2041  | 19715 | 20903 |
| 3.375% due 04/15/2032 (k) | 123 | 140 |
| 3.875% due 04/15/2029 (k) | 847 | 952 |
| Total U.S. Treasury Obligations (Cost $2,893,917) |  | 2609372 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.6%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>3.949% due 07/25/2035 ~ | 5 | 5 |
| **Alliance Bancorp Trust** <br>4.869% due 07/25/2037 •  | 1508 | 1241 |
| **BAMLL Commercial Mortgage Securities Trust** <br>5.368% due 09/15/2038 •  | 700 | 658 |
| **Banc of America Funding Trust** <br>3.457% due 05/20/2036 ^~ | 25 | 22 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 3.474% due 07/25/2036 ^~  | 12 | 11 |
| 3.845% due 02/25/2036 ^~  | 27 | 24 |
| 3.987% due 01/25/2035 ~  | 7 | 6 |
| 4.282% due 01/25/2035 ~  | 9 | 9 |
| **Bear Stearns ALT-A Trust** <br>4.533% due 07/25/2035 ^~ | 61 | 45 |
| **BX Trust** <br>5.085% (TSFR1M + 0.749%) due 04/15/2039 ~ | 4760 | 4396 |
| **Chase Mortgage Finance Trust**  |  |  |
| 3.370% due 02/25/2037 ~  | 8 | 8 |
| 3.492% due 02/25/2037 ~  | 9 | 9 |
| 3.824% due 12/25/2035 ^~  | 1 | 1 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 2.358% due 03/25/2034 ~  | 7 | 6 |
| 6.470% due 11/25/2035 ~  | 3 | 3 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 5.500% due 04/25/2035  | 1161 | 951 |
| 5.500% due 11/25/2035 ^  | 10 | 8 |
| 6.000% due 03/25/2037 ^  | 656 | 262 |
| 6.500% due 09/25/2037 ^  | 170 | 72 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 3.424% due 08/20/2035 ^~  | 125 | 115 |
| 3.614% due 11/20/2034 ~  | 21 | 19 |
| 5.500% due 01/25/2035  | 19 | 19 |
| 6.000% due 04/25/2036  | 43 | 24 |
| **Countrywide Home Loan Reperforming REMIC Trust** <br>4.729% due 06/25/2035 ~ | 6 | 5 |
| **Credit Suisse First Boston Mortgage-Backed Pass-Through Certificates** <br>5.089% due 10/25/2035 ^~ | 43 | 21 |
| **Credit Suisse Mortgage Capital Certificates** <br>4.600% due 10/26/2036 ~ | 2 | 2 |
| **Deutsche ALT-A Securities, Inc. Mortgage Loan Trust** <br>2.818% due 04/25/2047 •  | 135 | 114 |
| **Eurosail PLC** <br>4.461% due 06/13/2045 ~ | 119 | 142 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 3.939% due 04/25/2035 ~  | $21 | 20 |
| 6.000% due 02/25/2037 ^  | 61 | 26 |
| **GCAT LLC** <br>2.981% due 09/25/2025 þ | 1270 | 1230 |
| **GSR Mortgage Loan Trust**  |  |  |
| 3.061% due 11/25/2035 ~  | 6 | 6 |
| 3.767% due 09/25/2035 ~  | 1 | 1 |
| 3.796% due 01/25/2036 ^~  | 8 | 7 |
| 3.955% due 09/25/2035 ~  | 1 | 1 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.599% due 03/19/2037 •  | 70 | 62 |
| 4.749% due 12/19/2036 •  | 844 | 696 |
| 4.779% due 05/19/2035 ~  | 44 | 39 |
| 4.959% due 11/19/2035 •  | 54 | 41 |
| 5.033% due 06/20/2035 ~  | 38 | 34 |
| **IndyMac INDA Mortgage Loan Trust** <br>3.102% due 11/25/2035 ^~(k) | 15 | 11 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 4.809% due 07/25/2036 ~  | 85 | 75 |
| 4.949% due 07/25/2035 ~  | 365 | 265 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 4.789% due 06/25/2037 •  | 905 | 385 |
| 6.810% due 08/25/2036 ^þ  | 152 | 141 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.708% due 07/25/2035 ~  | 3 | 3 |
| **MASTR Adjustable Rate Mortgages Trust** <br>3.874% due 11/21/2034 ~ | 10 | 9 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Mellon** **Residential Funding Corp. Mortgage Pass-Through Certificates** <br>5.058% due 09/15/2030 •  | 6 | 6 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 3.139% due 12/25/2034 ~  | 5 | 5 |
| 3.484% due 06/25/2035 ~  | 15 | 14 |
| **New Residential Mortgage Loan Trust** <br>2.750% due 07/25/2059 ~ | 609 | 568 |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates** <br>5.149% due 12/25/2035 ~ | 456 | 417 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 6.000% due 09/25/2036  | 17 | 13 |
| 6.000% due 09/25/2036 ^  | 45 | 35 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.789% due 05/25/2035 •  | 148 | 101 |
| 5.750% due 03/25/2037 ^  | 50 | 17 |
| 6.500% due 09/25/2036 ^  | 883 | 341 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.490% due 03/25/2036 ^~  | 23 | 17 |
| 5.070% due 11/25/2034 ~  | 63 | 55 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.809% due 05/25/2036 •  | 6 | 5 |
| 5.019% due 05/19/2035 •  | 4 | 4 |
| **Thornburg Mortgage Securities Trust** <br>6.716% due 03/25/2037 ^•  | 215 | 179 |
| **Towd Point Mortgage Funding** <br>4.071% (SONIO/N + 1.144%) due 10/20/2051 ~ | 1022 | 1229 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.104% due 06/25/2034 ~  | $3 | 3 |
| 3.758% due 08/25/2036 ^~  | 1 | 1 |
| 3.952% due 01/25/2035 ~  | 4 | 3 |
| 4.141% due 10/25/2034 ~  | 3 | 2 |
| 5.129% due 11/25/2034 •  | 18 | 16 |
| 5.129% due 01/25/2045 ~  | 25 | 24 |
| 5.189% due 01/25/2045 •  | 22 | 20 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust** <br>6.500% due 08/25/2035 | 10 | 8 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>2.879% due 04/25/2036 ~ | 17 | 16 |
| Total Non-Agency Mortgage-Backed Securities (Cost $15,725) |  | 14349 |
| **ASSET-BACKED SECURITIES 9.8%**  |  |  |
| **522 Funding CLO Ltd.** <br>5.283% due 10/20/2031 •  | 1000 | 982 |
| **ACAS CLO Ltd.** <br>5.084% due 10/18/2028 •  | 4804 | 4744 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 5.259% due 05/25/2035 ~  | 92 | 91 |
| 5.289% due 12/25/2034 ~  | 48 | 43 |
| 5.514% due 04/25/2035 •  | 2000 | 1684 |
| 6.189% due 06/25/2034 ~  | 1 | 1 |
| **Adagio CLO DAC** <br>2.098% due 10/15/2031 •  | 1000 | 1043 |
| **American Money Management Corp. CLO Ltd.**  |  |  |
| 4.949% due 04/17/2029 ~  | $2934 | 2920 |
| 5.542% due 11/10/2030 •  | 800 | 788 |
| **Anchorage Capital CLO Ltd.**  |  |  |
| 5.129% due 07/15/2030 ~  | 3400 | 3354 |
| 5.465% due 07/22/2032 ~  | 5600 | 5479 |
| **Apex Credit CLO Ltd.** <br>5.736% due 09/20/2029 ~ | 7570 | 7448 |
| **Apidos CLO** <br>5.094% due 07/18/2029 •  | 600 | 593 |
| **Aqueduct European CLO DAC** <br>2.096% due 07/20/2030 ~ | 2602 | 2731 |
| **Argent Securities Trust** <br>4.869% due 05/25/2035 •  | $79 | 71 |
| **Armada Euro CLO DAC** <br>2.098% due 07/15/2031 •  | 2400 | 2496 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust** <br>4.849% due 11/25/2036 ~ | $606 | 582 |
| **Bain Capital Euro DAC** <br>2.196% due 01/20/2032 •  | 2000 | 2086 |
| **Barings CLO Ltd.** <br>5.313% due 01/20/2032 ~ | $1600 | 1579 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 5.049% due 02/25/2036 ~  | 946 | 884 |
| 5.389% due 09/25/2046 ~  | 34 | 31 |
| **Birch Grove CLO Ltd.** <br>5.899% due 06/15/2031 ~ | 4900 | 4821 |
| **Blackrock European CLO DAC** <br>1.998% due 10/15/2031 ~ | 1600 | 1661 |
| **BlueMountain Fuji EUR CLO II DAC** <br>2.028% due 07/15/2030 ~ | 2191 | 2291 |
| **BlueMountain Fuji Eur CLO V DAC** <br>2.288% due 01/15/2033 ~ | 1700 | 1753 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **BNC** **Mortgage Loan Trust** <br>4.709% due 11/25/2036 •  | $891 | 861 |
| **BSPDF Issuer Ltd.** <br>5.518% due 10/15/2036 •  | 7900 | 7562 |
| **Cairn CLO DAC**  |  |  |
| 2.158% due 10/15/2031 ~  | 2300 | 2410 |
| 2.178% due 04/30/2031 ~  | 3158 | 3297 |
| **Carlyle Euro CLO DAC** <br>2.078% due 01/15/2031 ~ | 3099 | 3237 |
| **Carlyle Global Market Strategies CLO Ltd.** <br>5.600% due 08/14/2030 ~ | $1879 | 1858 |
| **Carlyle U.S. CLO Ltd.**  |  |  |
| 5.243% due 04/20/2031 •  | 2300 | 2263 |
| 5.259% due 01/15/2030 •  | 500 | 494 |
| **CIFC Funding Ltd.** <br>5.194% due 04/18/2031 ~ | 1400 | 1375 |
| **CIT Mortgage Loan Trust** <br>5.739% due 10/25/2037 •  | 63 | 63 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.659% due 05/25/2037 •  | 2400 | 2176 |
| 4.884% due 10/25/2036 ~  | 254 | 242 |
| 5.094% due 03/25/2037 •  | 4100 | 3797 |
| **Countrywide Asset-Backed Certificates** <br>4.889% due 03/25/2037 •  | 224 | 209 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 3.694% due 11/25/2034 •  | 2920 | 2441 |
| 4.529% due 05/25/2035 •  | 308 | 297 |
| 4.529% due 07/25/2037 ~  | 78 | 71 |
| 4.579% due 11/25/2037 ~  | 2869 | 2621 |
| 4.589% due 09/25/2037 ~  | 20 | 17 |
| 4.869% due 05/25/2036 •  | 812 | 669 |
| 5.169% due 11/25/2034 •  | 19 | 18 |
| 5.244% due 08/25/2034 ~  | 3 | 3 |
| 5.424% due 12/25/2035 ~  | 286 | 270 |
| 5.805% due 04/25/2036 ^~  | 89 | 77 |
| **Crestline Denali CLO Ltd.**  |  |  |
| 5.273% due 04/20/2030 •  | 4606 | 4549 |
| 5.465% due 10/23/2031 ~  | 3200 | 3140 |
| **CVC Cordatus Loan Fund DAC**  |  |  |
| 2.028% due 10/15/2031 ~  | 1000 | 1040 |
| 2.578% due 08/15/2032 •  | 1600 | 1670 |
| 2.676% due 09/15/2031 ~  | 1000 | 1042 |
| **Dryden CLO Ltd.** <br>5.616% due 05/15/2031 ~ | $500 | 493 |
| **Dryden Euro CLO DAC**  |  |  |
| 2.038% due 04/15/2033 •  | 1500 | 1558 |
| 2.622% due 05/15/2034 •  | 1900 | 1977 |
| **Dryden Senior Loan Fund** <br>5.059% due 04/15/2028 ~ | $2270 | 2248 |
| **Elevation CLO Ltd.** <br>5.308% due 10/25/2030 •  | 9100 | 8937 |
| **Euro-Galaxy CLO DAC** <br>2.122% due 04/24/2034 ~ | 300 | 311 |
| **First Franklin Mortgage Loan Trust**  |  |  |
| 5.094% due 11/25/2036 •  | $524 | 500 |
| 5.259% due 09/25/2035 •  | 566 | 556 |
| **Fremont Home Loan Trust**  |  |  |
| 4.524% due 10/25/2036 ~  | 114 | 101 |
| 4.529% due 01/25/2037 •  | 194 | 97 |
| 4.629% due 10/25/2036 ~  | 675 | 286 |
| 5.229% due 03/25/2035 ~  | 1701 | 1408 |
| **GoldenTree Loan Management U.S. CLO Ltd.** <br>5.153% due 11/20/2030 •  | 2000 | 1976 |
| **GSAMP Trust**  |  |  |
| 4.589% due 11/25/2036 •  | 91 | 44 |
| 5.124% due 09/25/2035 ^~  | 7 | 6 |
| 5.364% due 03/25/2035 ^~  | 108 | 98 |
| **Halseypoint CLO Ltd.** <br>5.343% due 07/20/2031 ~ | 797 | 784 |
| **Harvest CLO DAC**  |  |  |
| 2.018% due 10/15/2031 •  | 3000 | 3122 |
| 2.136% due 10/20/2031 •  | 1800 | 1871 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>4.609% due 04/25/2037 •  | $97 | 76 |
| **HSI Asset Securitization Corp. Trust** <br>4.929% due 02/25/2036 ~ | 64 | 62 |
| **ICG U.S. CLO Ltd.** <br>5.405% due 07/22/2031 •  | 800 | 783 |
| **IndyMac Home Equity Mortgage Loan Asset-Backed Trust** <br>4.336% due 11/25/2034 ~ | 22 | 21 |
| **IndyMac INDB Mortgage Loan Trust** <br>4.529% due 07/25/2036 •  | 894 | 279 |
| **Jubilee CLO DAC**  |  |  |
| 1.978% due 04/15/2030 ~  | 2800 | 2933 |
| 1.988% due 04/15/2030 •  | 3300 | 3453 |
| 2.028% due 04/15/2031 •  | 800 | 832 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **KKR** **CLO Ltd.**  |  |  |
| 5.029% due 07/15/2030 •  | $928 | 911 |
| 5.259% due 01/15/2031 ~  | 1600 | 1575 |
| **LCM LP** <br>5.243% due 07/20/2030 •  | 1830 | 1803 |
| **Lehman ABS Manufactured Housing Contract Trust** <br>7.170% due 04/15/2040 ^~ | 834 | 588 |
| **Lehman XS Trust** <br>4.292% due 06/25/2036 þ | 219 | 216 |
| **LoanCore Issuer Ltd.** <br>5.618% due 07/15/2036 •  | 900 | 867 |
| **Long Beach Mortgage Loan Trust** <br>4.629% due 08/25/2036 •  | 75 | 32 |
| **Madison Park Funding Ltd.** <br>5.155% due 04/22/2027 ~ | 295 | 292 |
| **Man GLG Euro CLO DAC** <br>2.058% due 10/15/2030 •  | 1877 | 1963 |
| **Marathon CLO Ltd.** <br>5.229% due 04/15/2029 •  | $1912 | 1900 |
| **Massachusetts Educational Financing Authority** <br>5.308% due 04/25/2038 •  | 48 | 48 |
| **MASTR Asset-Backed Securities Trust** <br>4.729% due 06/25/2036 •  | 227 | 203 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.809% due 02/25/2037 •  | 1386 | 423 |
| 5.109% due 10/25/2035 •  | 1223 | 1140 |
| 5.109% due 05/25/2036 •  | 9 | 9 |
| **MF1 Ltd.** <br>5.419% due 10/16/2036 •  | 1600 | 1535 |
| **MidOcean Credit CLO**  |  |  |
| 5.445% due 01/29/2030 •  | 1203 | 1189 |
| 5.725% due 02/20/2031 ~  | 300 | 295 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.519% due 10/25/2036 ~  | 574 | 506 |
| 5.289% due 05/25/2034 •  | 1653 | 1540 |
| 5.424% due 07/25/2035 •  | 590 | 574 |
| **Mountain View CLO LLC** <br>5.119% due 01/16/2031 •  | 7000 | 6891 |
| **Mountain View CLO Ltd.** <br>4.761% due 10/13/2027 •  | 67 | 67 |
| **NovaStar Mortgage Funding Trust** <br>5.094% due 01/25/2036 ~ | 136 | 133 |
| **Octagon Investment Partners Ltd.** <br>5.650% due 02/14/2031 •  | 1000 | 984 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.529% due 01/25/2037 •  | 216 | 145 |
| 4.529% due 03/25/2037 •  | 178 | 117 |
| 4.629% due 04/25/2037 •  | 2911 | 1405 |
| **Ownit Mortgage Loan Trust** <br>4.669% due 09/25/2037 •  | 4879 | 4186 |
| **OZLM Ltd.**  |  |  |
| 5.343% due 10/20/2031 ~  | 300 | 294 |
| 5.674% due 05/16/2030 ~  | 581 | 572 |
| **Palmer Square CLO Ltd.** <br>5.227% due 10/17/2031 ~ | 500 | 492 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 5.249% due 06/25/2033 •  | 1609 | 1447 |
| 5.294% due 01/25/2037 þ  | 7262 | 2369 |
| 5.489% due 09/25/2037 •  | 775 | 368 |
| **Residential Asset Securities Corp. Trust**  |  |  |
| 4.669% due 09/25/2036 ~  | 2174 | 2105 |
| 4.869% due 08/25/2036 •  | 348 | 309 |
| **Romark CLO Ltd.** <br>5.355% due 10/23/2030 ~ | 900 | 884 |
| **Saranac CLO Ltd.** <br>5.873% due 08/13/2031 ~ | 3900 | 3779 |
| **Saxon Asset Securities Trust** <br>4.699% due 09/25/2037 •  | 69 | 65 |
| **Sculptor CLO Ltd.** <br>5.349% due 01/15/2031 •  | 3400 | 3338 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.889% due 05/25/2036 •  | 912 | 496 |
| 5.064% due 10/25/2035 ~  | 2596 | 2481 |
| **SLM Student Loan Trust** <br>5.858% due 04/25/2023 ~ | 174 | 173 |
| **Sound Point CLO Ltd.**  |  |  |
| 5.293% due 10/20/2028 •  | 1580 | 1568 |
| 5.315% due 01/23/2029 •  | 1819 | 1810 |
| 5.338% due 07/25/2030 •  | 1300 | 1280 |
| **Soundview Home Loan Trust**  |  |  |
| 4.589% due 06/25/2037 •  | 755 | 545 |
| 5.339% due 10/25/2037 •  | 103 | 76 |
| **Specialty Underwriting & Residential Finance Trust**  |  |  |
| 4.589% due 04/25/2037 ~  | 3128 | 2253 |
| 4.709% due 09/25/2037 •  | 11294 | 6494 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Starwood** **Commercial Mortgage Trust** <br>5.526% due 04/18/2038 ~ | 6800 | 6593 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |
| 4.959% due 10/25/2036 ~  | 208 | 203 |
| 5.620% due 04/25/2035 •  | 6 | 6 |
| **TCI-Symphony CLO Ltd.** <br>4.961% due 10/13/2032 •  | 7200 | 7042 |
| **TCW CLO Ltd.** <br>5.328% due 04/25/2031 ~ | 5200 | 5121 |
| **TICP CLO Ltd.**  |  |  |
| 5.083% due 04/20/2028 •  | 107 | 107 |
| 5.083% due 04/20/2028 ~  | 1378 | 1374 |
| **Tikehau CLO DAC** <br>2.596% due 08/04/2034 ~ | 1500 | 1559 |
| **Venture CLO Ltd.**  |  |  |
| 4.959% due 04/15/2027 ~  | $710 | 709 |
| 4.959% due 07/15/2027 •  | 17 | 17 |
| 5.143% due 10/20/2028 •  | 587 | 580 |
| 5.233% due 07/20/2030 •  | 5800 | 5698 |
| 5.293% due 07/20/2030 ~  | 3498 | 3417 |
| 5.343% due 01/20/2029 •  | 2802 | 2770 |
| 5.596% due 09/07/2030 •  | 800 | 785 |
| **Vibrant CLO Ltd.** <br>5.283% due 09/15/2030 •  | 1892 | 1862 |
| **Voya CLO Ltd.** <br>5.079% due 10/15/2030 •  | 1000 | 982 |
| **Wellfleet CLO Ltd.** <br>5.133% due 07/20/2029 •  | 1092 | 1078 |
| **Wells Fargo Home Equity Asset-Backed Securities Trust** <br>6.789% due 12/25/2034 ~ | 137 | 134 |
| **Wind River CLO Ltd.** <br>5.244% due 07/18/2031 •  | 797 | 779 |
| Total Asset-Backed Securities (Cost $252,805) |  | 238288 |
| **SOVEREIGN ISSUES 4.3%**  |  |  |
| **Australia Government International Bond** <br>3.000% due 09/20/2025 | 2133 | 1533 |
| **Canada Government Real Return Bond** <br>4.250% due 12/01/2026 (e) | 1166 | 950 |
| **Denmark Government International Bond** <br>0.100% due 11/15/2023 (e) | 4190 | 606 |
| **France Government International Bond**  |  |  |
| 0.100% due 07/25/2031 (e)  | 5063 | 5190 |
| 0.250% due 07/25/2024 (e)  | 10777 | 11620 |
| **Italy Buoni Poliennali Del Tesoro**  |  |  |
| 0.400% due 05/15/2030 (e)  | 4084 | 3827 |
| 1.400% due 05/26/2025 (e)  | 33431 | 35330 |
| **Japan Government International Bond**  |  |  |
| 0.005% due 03/10/2031 (e)  | 52203 | 412 |
| 0.100% due 03/10/2028 (e)  | 1403239 | 11061 |
| 0.100% due 03/10/2029 (e)  | 3247826 | 25687 |
| **Mexico Government International Bond** <br>4.500% due 11/22/2035 (e) | 1530 | 81 |
| **New Zealand Government International Bond**  |  |  |
| 2.000% due 09/20/2025  | 299 | 189 |
| 3.000% due 09/20/2030  | 3103 | 2068 |
| **Peru Government International Bond** <br>5.940% due 02/12/2029 | 259 | 63 |
| **Qatar Government International Bond** <br>3.875% due 04/23/2023 | $352 | 350 |
| **Saudi Government International Bond** <br>4.000% due 04/17/2025 | 601 | 594 |
| **United Kingdom Gilt** <br>1.250% due 11/22/2027 (e) | 4773 | 6108 |
| Total Sovereign Issues (Cost $118,082) |  | 105669 |
|  | SHARES |  |
| **COMMON STOCKS 0.8%**  |  |  |
| **CONSUMER DISCRETIONARY 0.4%**  |  |  |
| **Hilton Worldwide Holdings, Inc.** | 34800 | 4397 |
| **Marriott International, Inc. 'A'** | 33800 | 5033 |
|  |  | 9430 |
| **REAL ESTATE 0.4%**  |  |  |
| **CBRE Group, Inc. 'A' (b)** | 51757 | 3983 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Howard** **Hughes Corp. (b)** | 87434 | 6682 |
|  |  | 10665 |
| Total Common Stocks (Cost $23,375) |  | 20095 |
| **PREFERRED SECURITIES 0.0%**  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |
| **Bank of America Corp.**<br>5.875% due 03/15/2028 •(f) | 223000 | 198 |
| Total Preferred Securities (Cost $237) |  | 198 |
| **REAL ESTATE INVESTMENT TRUSTS 19.6%**  |  |  |
| **REAL ESTATE 19.6%**  |  |  |
| **Alexandria Real Estate Equities, Inc.** | 141052 | 20547 |
| **American Assets Trust, Inc.** | 141438 | 3748 |
| **American Homes 4 Rent 'A'** | 359179 | 10826 |
| **American Tower Corp.** | 21483 | 4551 |
| **Americold Realty Trust, Inc.** | 392961 | 11125 |
| **Apartment Income REIT Corp.** | 103777 | 3561 |
| **AvalonBay Communities, Inc.** | 65629 | 10600 |
| **Boston Properties, Inc.** | 129434 | 8747 |
| **Camden Property Trust** | 155590 | 17407 |
| **Crown Castle, Inc.** | 56264 | 7632 |
| **CubeSmart** | 223808 | 9008 |
| **Digital Realty Trust, Inc.** | 102164 | 10244 |
| **Equinix, Inc.** | 14245 | 9331 |
| **Equity LifeStyle Properties, Inc.** | 320152 | 20682 |
| **Equity Residential** | 135904 | 8018 |
| **Essex Property Trust, Inc.** | 66232 | 14036 |
| **Extra Space Storage, Inc.** | 51457 | 7573 |
| **First Industrial Realty Trust, Inc.** | 286196 | 13812 |
| **Gaming & Leisure Properties, Inc.** | 383618 | 19983 |
| **Healthpeak Properties, Inc.** | 678993 | 17022 |
| **Host Hotels & Resorts, Inc.** | 675901 | 10848 |
| **InvenTrust Properties Corp.** | 231200 | 5473 |
| **Invitation Homes, Inc.** | 419137 | 12423 |
| **Kilroy Realty Corp.** | 163021 | 6304 |
| **Life Storage, Inc.** | 121450 | 11963 |
| **Mid-America Apartment Communities, Inc.** | 73717 | 11573 |
| **National Storage Affiliates Trust** | 89700 | 3240 |
| **Paramount Group, Inc.** | 445500 | 2646 |
| **Prologis, Inc.** | 244582 | 27572 |
| **Public Storage** | 76518 | 21440 |
| **Realty Income Corp.** | 226041 | 14338 |
| **Regency Centers Corp.** | 68138 | 4259 |
| **Retail Opportunity Investments Corp.** | 423229 | 6361 |
| **Rexford Industrial Realty, Inc.** | 86712 | 4738 |
| **RLJ Lodging Trust** | 1055654 | 11179 |
| **Ryman Hospitality Properties, Inc.** | 140700 | 11506 |
| **Safehold, Inc.** | 61578 | 1762 |
| **SBA Communications Corp.** | 31197 | 8745 |
| **Simon Property Group, Inc.** | 73594 | 8646 |
| **SITE Centers Corp.** | 609695 | 8328 |
| **Sun Communities, Inc.** | 24229 | 3465 |
| **Sunstone Hotel Investors, Inc.** | 823690 | 7957 |
| **UDR, Inc.** | 313128 | 12127 |
| **Ventas, Inc.** | 358348 | 16144 |
| **VICI Properties, Inc.** | 174649 | 5659 |
| **WP Carey, Inc.** | 140988 | 11018 |
| Total Real Estate Investment Trusts (Cost $514,411) |  | 478167 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 12.7%**  |  |  |
| **COMMERCIAL PAPER 1.3%**  |  |  |
| **American Electric Power, Inc.** <br>4.720% due 01/04/2023 | $450 | 450 |
| **AT&T, Inc.** <br>4.650% due 01/03/2023 | 640 | 640 |
| **Baxter International, Inc.** <br>4.730% due 01/23/2023 | 500 | 498 |
| **Consolidated Edison Co. of New York, Inc.**  |  |  |
| 4.800% due 01/17/2023  | 900 | 898 |
| 4.800% due 01/18/2023  | 350 | 349 |
| 4.800% due 01/19/2023  | 450 | 449 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.800% due 01/20/2023  | 250 | 249 |
| **Constellation Brands, Inc.**  |  |  |
| 5.000% due 01/09/2023  | 500 | 499 |
| 5.000% due 01/10/2023  | 500 | 499 |
| **Crown Castle, Inc.**  |  |  |
| 5.000% due 01/04/2023  | 250 | 250 |
| 5.100% due 01/05/2023  | 250 | 250 |
| 5.100% due 01/09/2023  | 2880 | 2876 |
| **Dominion Energy, Inc.**  |  |  |
| 4.700% due 02/01/2023  | 500 | 498 |
| 4.750% due 01/31/2023  | 250 | 249 |
| **Duke Energy Corp.**  |  |  |
| 4.620% due 01/11/2023  | 500 | 499 |
| 4.620% due 01/17/2023  | 750 | 748 |
| 4.650% due 01/09/2023  | 500 | 499 |
| **Electricite de France SA** <br>5.000% due 01/20/2023 | 2000 | 1995 |
| **Enbridge (US), Inc.**  |  |  |
| 4.780% due 01/20/2023  | 500 | 499 |
| 4.830% due 01/25/2023  | 250 | 249 |
| **Enel Finance America LLC** <br>6.000% due 01/12/2023 | 790 | 789 |
| **Energy Transfer LP** <br>5.080% due 01/05/2023 | 2000 | 1998 |
| **Entergy Corp.** <br>4.700% due 01/12/2023 | 250 | 250 |
| **Fiserv, Inc.**  |  |  |
| 4.730% due 01/17/2023  | 250 | 249 |
| 4.780% due 01/23/2023  | 500 | 499 |
| 4.820% due 02/01/2023  | 250 | 249 |
| **Hitachi America Capital Ltd.** <br>4.700% due 01/04/2023 | 500 | 500 |
| **McCormick & Co., Inc.** <br>4.750% due 01/27/2023 | 500 | 498 |
| **Medtronic Global Holdings SCA** <br>4.750% due 01/27/2023 | 500 | 498 |
| **Mercedes-Benz Finance North America LLC** <br>4.800% due 01/30/2023 | 250 | 249 |
| **National Grid North America, Inc.**  |  |  |
| 4.780% due 01/23/2023  | 250 | 249 |
| 4.810% due 01/24/2023  | 500 | 498 |
| **ORACLE Corp.**  |  |  |
| 4.760% due 01/27/2023  | 500 | 498 |
| 4.800% due 01/26/2023  | 500 | 498 |
| **Parker-Hannifin Corp.** <br>4.700% due 01/19/2023 | 300 | 299 |
| **Penske Truck Leasing Co. LP** <br>4.700% due 01/11/2023 | 250 | 250 |
| **Quanta Services, Inc.** <br>5.100% due 01/09/2023 | 550 | 549 |
| **Republic Services, Inc.** <br>4.650% due 01/12/2023 | 500 | 499 |
| **Tampa Electric Co.** <br>4.800% due 01/12/2023 | 500 | 499 |
| **Targa Resources Corp.** <br>5.250% due 01/13/2023 | 1500 | 1498 |
| **Thomson Reuters Corp.** <br>4.770% due 01/25/2023 | 2000 | 1994 |
| **TransCanada PipeLines Ltd.** <br>4.750% due 01/19/2023 | 250 | 249 |
| **Virginia Electric & Power Co.** <br>4.720% due 02/06/2023 | 250 | 249 |
| **Vodafone Group PLC** <br>4.600% due 01/05/2023 | 1250 | 1249 |
| **VW Credit, Inc.**  |  |  |
| 4.700% due 01/26/2023  | 250 | 249 |
| 4.700% due 01/27/2023  | 250 | 249 |
| 4.750% due 01/25/2023  | 250 | 249 |
| 4.800% due 01/26/2023  | 1750 | 1744 |
| **Walgreens Boots Alliance, Inc.**  |  |  |
| 4.900% due 01/11/2023  | 750 | 749 |
| 4.950% due 01/18/2023  | 1000 | 998 |
|  |  | 32238 |
| **REPURCHASE AGREEMENTS (g) 9.2%** |  | 224621 |
| **SHORT-TERM NOTES 0.0%**  |  |  |
| **France Government International Bond**<br>2.100% due 07/25/2023 (e) | 584 | 641 |
| **U.S. TREASURY BILLS 2.1%**  |  |  |
| 4.186% due 01/17/2023 - 03/23/2023 (c)(d) | $52909 | 52543 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $310,118) |  | 310043 |
| Total Investments in Securities (Cost $4,369,729) |  | 3975851 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 1.0%**  |  |  |
| **SHORT-TERM INSTRUMENTS 1.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 1.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 2446541 | 23771 |
| Total Short-Term Instruments (Cost $23,771) |  | 23771 |
| Total Investments in Affiliates (Cost $23,771) |  | 23771 |
| Total Investments 163.9% (Cost $4,393,500) |  | $3999622 |
| **Financial Derivative Instruments (i)(j)(k) 0.0**%(Cost or Premiums, net $(1555)) |  | 1204 |
| Other Assets and Liabilities, net (63.9)% |  | (1559359) |
| Net Assets 100.0% |  | $2441467 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(g)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| CIB | 4.140%  | 12/13/2022 | 01/04/2023 | 4806 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% due 07/15/2031 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% due 07/15/2031 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% due 07/15/2031 | $(4722) | $4806 | 4806 | $4818 |
|  | 4.140  | 12/16/2022 | 01/04/2023 | 12315 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% due 07/15/2031 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% due 07/15/2031 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% due 07/15/2031 | (12100) | 12315 | 12315 | 12340 |
| GSC | 4.220  | 12/21/2022 | 01/04/2023 | 50000 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 07/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 07/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 07/31/2027 | (50717) | 50000 | 50000 | 50076 |
| SGY | 4.290  | 12/30/2022 | 01/03/2023 | 157500 | &nbsp;&nbsp; U.S. Treasury Bonds 3.000% due 02/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.000% due 02/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.000% due 02/15/2048 | (101763) | 157500 | 157500 | 157575 |
|  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 05/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 05/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 05/31/2029 | (58642) |  |  |  |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | $**(227944)** | $**224621** | **224621** | $**224809** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Settlement Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOS | BOS | BOS | BOS | 4.190%  | 4.190%  | 11/10/2022 | 01/10/2023 | $(11745) | (11745) | $(11819) | (11819) |
|  |  |  |  | 4.250  | 4.250  | 11/17/2022 | 01/12/2023 | (27111) | (27111) | (27262) | (27262) |
|  |  |  |  | 4.430  | 4.430  | 12/12/2022 | 01/05/2023 | (35152) | (35152) | (35247) | (35247) |
| CIB | CIB | CIB | CIB | 4.140  | 4.140  | 11/03/2022 | 01/04/2023 | (1200714) | (1200714) | (1209137) | (1209137) |
|  |  |  |  | 4.140  | 4.140  | 12/01/2022 | 01/04/2023 | (20947) | (20947) | (21026) | (21026) |
|  |  |  |  | 4.370  | 4.370  | 12/08/2022 | 01/05/2023 | (5154) | (5154) | (5170) | (5170) |
|  |  |  |  | 4.400  | 4.400  | 01/04/2023 | 01/19/2023 | (1229748) | (1229748) | (1229748) | (1229748) |
|  |  |  |  | 4.400  | 4.400  | 01/05/2023 | 01/19/2023 | (4989) | (4989) | (4989) | (4989) |
| GRE | GRE | GRE | GRE | 4.360  | 4.360  | 12/07/2022 | 01/05/2023 | (12172) | (12172) | (12212) | (12212) |
|  |  |  |  | 4.380  | 4.380  | 12/09/2022 | 01/05/2023 | (5329) | (5329) | (5346) | (5346) |
|  |  |  |  | 4.430  | 4.430  | 12/12/2022 | 01/05/2023 | (57026) | (57026) | (57180) | (57180) |
| RCY | RCY | RCY | RCY | 4.350  | 4.350  | 12/09/2022 | 01/05/2023 | (29933) | (29933) | (30023) | (30023) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  | $**(2649159)** | **(2649159)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Borrowing Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(3)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(3)</sup> |
| BOS | BOS | BOS | BOS | 4.210%  | 4.210%  | 11/09/2022 | 01/09/2023 | $(3218) | (3218) | $(3239) | (3239) |
| MSC | MSC | MSC | MSC | 4.430  | 4.430  | 12/19/2022 | 01/09/2023 | (11517) | (11517) | (11538) | (11538) |
|  |  |  |  | 4.430  | 4.430  | 12/20/2022 | 01/10/2023 | (2398) | (2398) | (2402) | (2402) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  |  | $**(17179)** | **(17179)** |
| **(h)** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $1,429,599 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |

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<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>2)</sup> | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(1818536) at a weighted average interest rate of 2.019%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(3)</sup> | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. | Payable for sale-buyback transactions includes $(13) of deferred price drop. |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** |
| Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - NYMEX Natural Gas March 2023 Futures  | Put - NYMEX Natural Gas March 2023 Futures  | Put - NYMEX Natural Gas March 2023 Futures  | $4.000 | 4.000 | 02/23/2023 | 20 | 200 | (66) | $ | (92) |
| Put - NYMEX Natural Gas March 2023 Futures  | Put - NYMEX Natural Gas March 2023 Futures  | Put - NYMEX Natural Gas March 2023 Futures  | 4.500 | 4.500 | 02/23/2023 | 40 | 400 | (228) |  | (306) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(294)** | **$** | **(398)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| 3-Month Euribor March Futures  | 3-Month Euribor March Futures  | 03/2023 | 799 | $207386 | 207386 | $(7020) | (7020) | $64 | 64 | $(43) |
| Brent Crude June Futures  | Brent Crude June Futures  | 04/2023 | 86 | 7289 | 7289 | 302 | 302 | 188 | 188 | 0 |
| Brent Crude March Futures  | Brent Crude March Futures  | 01/2023 | 269 | 23110 | 23110 | 2272 | 2272 | 659 | 659 | 0 |
| California Carbon Allowance December Futures  | California Carbon Allowance December Futures  | 12/2023 | 1726 | 52384 | 52384 | 2339 | 2339 | 86 | 86 | 0 |
| Euro-Bund March Futures  | Euro-Bund March Futures  | 03/2023 | 374 | 53218 | 53218 | (3434) | (3434) | 188 | 188 | (424) |
| European Climate Exchange March Futures  | European Climate Exchange March Futures  | 03/2023 | 31 | 2704 | 2704 | 176 | 176 | 0 | 0 | (68) |
| Globex Natural Gas February Futures  | Globex Natural Gas February Futures  | 01/2023 | 45 | 2014 | 2014 | (337) | (337) | 0 | 0 | (38) |
| Iron Ore March Futures  | Iron Ore March Futures  | 03/2023 | 360 | 4150 | 4150 | 832 | 832 | 71 | 71 | 0 |
| Natural Gas February Futures  | Natural Gas February Futures  | 01/2023 | 38 | 1701 | 1701 | (237) | (237) | 0 | 0 | (32) |
| Natural Gas March Futures  | Natural Gas March Futures  | 02/2023 | 102 | 4186 | 4186 | (694) | (694) | 0 | 0 | (10) |
| Put Options Strike @ USD 65.000 on Brent Crude March 2023 Futures<sup>(2)</sup> | Put Options Strike @ USD 65.000 on Brent Crude March 2023 Futures<sup>(2)</sup> | 01/2023 | 56 | 6 | 6 | (47) | (47) | 0 | 0 | (3) |
| U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | 03/2023 | 274 | 56191 | 56191 | 34 | 34 | 0 | 0 | (43) |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 03/2023 | 1049 | 113218 | 113218 | (1643) | (1643) | 0 | 0 | (90) |
| U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | 03/2023 | 784 | 88041 | 88041 | (562) | (562) | 82 | 82 | (65) |
| U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | 03/2023 | 707 | 88618 | 88618 | (1792) | (1792) | 0 | 0 | (110) |
| United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | 03/2023 | 39 | 4710 | 4710 | (308) | (308) | 5 | 5 | (13) |
| WTI Crude March Futures  | WTI Crude March Futures  | 02/2023 | 537 | 43202 | 43202 | 2764 | 2764 | 1047 | 1047 | 0 |
|  |  |  |  |  |  | (7355) | $ | 2390 | $ | (939) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Call Options Strike @ EUR 146.000 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(2)</sup> | Call Options Strike @ EUR 146.000 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(2)</sup> | 01/2023 | 24 | $0 | 0 | $19 | 19 | $0 | 0 | $0 |
| Call Options Strike @ USD 90.000 on Brent Crude March 2023 Futures<sup>(2)</sup> | Call Options Strike @ USD 90.000 on Brent Crude March 2023 Futures<sup>(2)</sup> | 01/2023 | 82 | (166) | (166) | (36) | (36) | 0 | 0 | (57) |
| Call Options Strike @ USD 95.000 on Brent Crude March 2023 Futures<sup>(2)</sup> | Call Options Strike @ USD 95.000 on Brent Crude March 2023 Futures<sup>(2)</sup> | 01/2023 | 21 | (18) | (18) | 2 | 2 | 0 | 0 | (7) |
| Euro-Bobl March Futures  | Euro-Bobl March Futures  | 03/2023 | 274 | (33950) | (33950) | 1078 | 1078 | 126 | 126 | (76) |
| Euro-BTP Italy Government Bond March Futures  | Euro-BTP Italy Government Bond March Futures  | 03/2023 | 133 | (14964) | (14964) | 210 | 210 | 19 | 19 | (17) |
| Euro-BTP March Futures  | Euro-BTP March Futures  | 03/2023 | 414 | (48270) | (48270) | 3576 | 3576 | 496 | 496 | (394) |
| Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | 03/2023 | 380 | (55012) | (55012) | 8844 | 8844 | 1424 | 1424 | (244) |
| Euro-Oat March Futures  | Euro-Oat March Futures  | 03/2023 | 66 | (8994) | (8994) | 628 | 628 | 82 | 82 | (46) |
| Euro-Schatz March Futures  | Euro-Schatz March Futures  | 03/2023 | 3005 | (339105) | (339105) | 3662 | 3662 | 418 | 418 | (177) |
| Gold 100 oz. February Futures  | Gold 100 oz. February Futures  | 02/2023 | 129 | (23558) | (23558) | (723) | (723) | 0 | 0 | (3) |
| Japan Government 10-Year Bond March Futures  | Japan Government 10-Year Bond March Futures  | 03/2023 | 91 | (100860) | (100860) | 1852 | 1852 | 139 | 139 | 0 |
| Put Options Strike @ EUR 138.500 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(2)</sup> | Put Options Strike @ EUR 138.500 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(2)</sup> | 01/2023 | 24 | (147) | (147) | (123) | (123) | 12 | 12 | (25) |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 03/2023 | 703 | (94422) | (94422) | 3890 | 3890 | 323 | 323 | (51) |
| U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | 03/2023 | 1637 | (193626) | (193626) | 945 | 945 | 94 | 94 | (71) |
| WTI Crude June Futures  | WTI Crude June Futures  | 05/2023 | 86 | (6897) | (6897) | (328) | (328) | 0 | 0 | (169) |
| WTI Crude March Futures  | WTI Crude March Futures  | 02/2023 | 537 | (43202) | (43202) | (2434) | (2434) | 0 | 0 | (1047) |
|  |  |  |  |  |  | 21062 | $ | 3133 | $ | (2384) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **13707** | **$** | **5523** | **$** | **(3323)** |

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<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | Pay | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 0.526% | Annual | Annual | 11/21/2023 | 29100 | 0 | (1068) | (1068) | $0 | 0 | $(5) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 0.700 | Annual | Annual | 04/11/2027 | 4000 | (20) | (402) | (422) | 0 | 0 | (10) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 0.650 | Annual | Annual | 04/12/2027 | 7300 | (40) | (751) | (791) | 0 | 0 | (18) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 0.650 | Annual | Annual | 05/11/2027 | 6600 | (50) | (677) | (727) | 0 | 0 | (15) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.000 | Annual | Annual | 05/13/2027 | 8700 | (32) | (772) | (804) | 0 | 0 | (20) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.000 | Annual | Annual | 05/18/2027 | 3800 | (14) | (337) | (351) | 0 | 0 | (8) |
| Receive<sup>(3)</sup> | Receive<sup>(3)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 0.830 | Annual | Annual | 12/09/2052 | 12900 | 30 | 384 | 414 | 18 | 18 | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.359 | Maturity | Maturity | 08/15/2030 | 7400 | 40 | 266 | 306 | 26 | 26 | 0 |
| Receive | Receive | CPTFEMU | CPTFEMU | 1.380 | Maturity | Maturity | 03/15/2031 | 2900 | (20) | (598) | (618) | 0 | 0 | (8) |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.600 | Maturity | Maturity | 05/15/2032 | 7600 | 39 | 276 | 315 | 25 | 25 | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.720 | Maturity | Maturity | 06/15/2032 | 2200 | 4 | 26 | 30 | 7 | 7 | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.470 | Maturity | Maturity | 07/15/2032 | 3900 | 0 | 150 | 150 | 11 | 11 | 0 |
| Receive | Receive | CPTFEMU | CPTFEMU | 2.580 | Maturity | Maturity | 03/15/2052 | 500 | 0 | (42) | (42) | 1 | 1 | 0 |
| Receive | Receive | CPTFEMU | CPTFEMU | 2.590 | Maturity | Maturity | 03/15/2052 | 1900 | (49) | (104) | (153) | 3 | 3 | 0 |
| Receive | Receive | CPTFEMU | CPTFEMU | 2.550 | Maturity | Maturity | 04/15/2052 | 1500 | 2 | (122) | (120) | 2 | 2 | 0 |
| Receive | Receive | CPURNSA | CPURNSA | 5.500 | Maturity | Maturity | 03/21/2023 | 14500 | 0 | (105) | (105) | 6 | 6 | 0 |
| Receive | Receive | CPURNSA | CPURNSA | 5.320 | Maturity | Maturity | 04/29/2023 | 54800 | 0 | (140) | (140) | 0 | 0 | (52) |
| Pay | Pay | CPURNSA | CPURNSA | 2.419 | Maturity | Maturity | 03/05/2026 | 4400 | 0 | 402 | 402 | 0 | 0 | (1) |
| Pay | Pay | CPURNSA | CPURNSA | 2.768 | Maturity | Maturity | 05/13/2026 | 8500 | 0 | 604 | 604 | 1 | 1 | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 2.813 | Maturity | Maturity | 05/14/2026 | 3300 | 0 | 227 | 227 | 1 | 1 | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 2.703 | Maturity | Maturity | 05/25/2026 | 2240 | 0 | 164 | 164 | 1 | 1 | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 2.690 | Maturity | Maturity | 06/01/2026 | 4100 | 0 | 300 | 300 | 1 | 1 | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 2.573 | Maturity | Maturity | 08/26/2028 | 4900 | 0 | 295 | 295 | 0 | 0 | (1) |
| Pay | Pay | CPURNSA | CPURNSA | 2.645 | Maturity | Maturity | 09/10/2028 | 3100 | 0 | 164 | 164 | 0 | 0 | (1) |
| Receive | Receive | CPURNSA | CPURNSA | 2.006 | Maturity | Maturity | 11/30/2030 | 8200 | 0 | (1103) | (1103) | 1 | 1 | 0 |
| Pay | Pay | UKRPI | UKRPI | 6.290 | Maturity | Maturity | 03/15/2024 | 15400 | (8) | 1158 | 1150 | 3 | 3 | 0 |
| Pay | Pay | UKRPI | UKRPI | 6.440 | Maturity | Maturity | 05/15/2024 | 3600 | 0 | 209 | 209 | 1 | 1 | 0 |
| Pay | Pay | UKRPI | UKRPI | 6.600 | Maturity | Maturity | 05/15/2024 | 13500 | 20 | 710 | 730 | 3 | 3 | 0 |
| Pay | Pay | UKRPI | UKRPI | 5.200 | Maturity | Maturity | 06/15/2024 | 7000 | 0 | 357 | 357 | 0 | 0 | (2) |
| Pay | Pay | UKRPI | UKRPI | 5.330 | Maturity | Maturity | 06/15/2024 | 4500 | 0 | 215 | 215 | 0 | 0 | (1) |
| Receive | Receive | UKRPI | UKRPI | 3.330 | Maturity | Maturity | 01/15/2025 | 18400 | 209 | (3744) | (3535) | 0 | 0 | (12) |
| Receive | Receive | UKRPI | UKRPI | 3.480 | Maturity | Maturity | 01/15/2030 | 5280 | 69 | (1152) | (1083) | 0 | 0 | (25) |
| Receive | Receive | UKRPI | UKRPI | 3.450 | Maturity | Maturity | 01/15/2031 | 7500 | (97) | (1708) | (1805) | 0 | 0 | (40) |
| Receive | Receive | UKRPI | UKRPI | 3.624 | Maturity | Maturity | 02/15/2031 | 4300 | 0 | (933) | (933) | 0 | 0 | (20) |
| Receive | Receive | UKRPI | UKRPI | 3.750 | Maturity | Maturity | 04/15/2031 | 7300 | 3 | (1473) | (1470) | 0 | 0 | (43) |
| Pay | Pay | UKRPI | UKRPI | 4.300 | Maturity | Maturity | 01/15/2032 | 19500 | 45 | 1494 | 1539 | 112 | 112 | 0 |
| Pay | Pay | UKRPI | UKRPI | 4.125 | Maturity | Maturity | 09/15/2032 | 2460 | 0 | 31 | 31 | 15 | 15 | 0 |
| Pay | Pay | UKRPI | UKRPI | 4.130 | Maturity | Maturity | 09/15/2032 | 11040 | 1 | 129 | 130 | 67 | 67 | 0 |
| Pay | Pay | UKRPI | UKRPI | 4.143 | Maturity | Maturity | 10/15/2032 | 7900 | 0 | 83 | 83 | 50 | 50 | 0 |
| Receive | Receive | UKRPI | UKRPI | 3.566 | Maturity | Maturity | 03/15/2036 | 1500 | 0 | (306) | (306) | 0 | 0 | (12) |
| Receive | Receive | UKRPI | UKRPI | 3.580 | Maturity | Maturity | 03/15/2036 | 4500 | (28) | (878) | (906) | 0 | 0 | (37) |
| Pay | Pay | UKRPI | UKRPI | 3.720 | Maturity | Maturity | 09/15/2037 | 3300 | 0 | 118 | 118 | 27 | 27 | 0 |
| Receive | Receive | UKRPI | UKRPI | 3.515 | Maturity | Maturity | 02/15/2041 | 8900 | (696) | (1120) | (1816) | 0 | 0 | (92) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **$** | **(9773)** | **$** | **382** | **$** | **(423)** |
| <sup>(1)</sup> | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(200) for closed futures is outstanding at period end. |
| <sup>(2)</sup> | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. |
| <sup>(3)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(j)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 02/2023  | 02/2023  | 02/2023  | EUR | 3709 | 3709 | 3885 | 3885 | 0 | 0 | (96) | (96) |
|  |  |  | 02/2023  | 02/2023  | 02/2023  | GBP | 7036 | 7036 | 8303 | 8303 | 0 | 0 | (212) | (212) |
|  |  |  | 02/2023  | 02/2023  | 02/2023  | JPY | 535200 | 535200 | 3867 | 3867 | 0 | 0 | (234) | (234) |
|  |  |  | 02/2023  | 02/2023  | 02/2023  | $ | $12047 | 12047 | 11373 | 11373 | 162 | 162 | 0 | 0 |
|  |  |  | 02/2023  | 02/2023  | 02/2023  |  | 1416 | 1416 | 185200 | 185200 | 4 | 4 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 02/2023  | 02/2023  | 02/2023  | EUR | 98934 | 98934 | 102589 | 102589 | 0 | 0 | (3621) | (3621) |
|  |  |  | 03/2023  | 03/2023  | 03/2023  | MXN | 1615 | 1615 | 80 | 80 | 0 | 0 | (2) | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 01/2023  | 01/2023  | 01/2023  | DKK | 11500 | 11500 | 1620 | 1620 | 0 | 0 | (36) | (36) |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 01/2023  | 01/2023  | 96 | 96 | 96 | 96 |  | 25 | 25 | 25 |  | 0 | 0 | 0 |  | 0 |
|  |  | 01/2023  | 01/2023  | $1061 | 1061 | 1061 | 1061 | DKK | 7385 | 7385 | 7385 |  | 3 | 3 | 3 |  | 0 |
|  |  | 01/2023  | 01/2023  | 25 | 25 | 25 | 25 | PEN | 96 | 96 | 96 |  | 0 | 0 | 0 |  | 0 |
|  |  | 02/2023  | 02/2023  | 2429 | 2429 | 2429 | 2429 | $ | 1626 | 1626 | 1626 |  | 0 | 0 | 0 |  | (30) |
|  |  | 02/2023  | 02/2023  | 87 | 87 | 87 | 87 |  | 93 | 93 | 93 |  | 0 | 0 | 0 |  | 0 |
|  |  | 02/2023  | 02/2023  | 394400 | 394400 | 394400 | 394400 |  | 2866 | 2866 | 2866 |  | 0 | 0 | 0 |  | (156) |
|  |  | 02/2023  | 02/2023  | 2912 | 2912 | 2912 | 2912 |  | 1767 | 1767 | 1767 |  | 0 | 0 | 0 |  | (83) |
|  |  | 02/2023  | 02/2023  | $3535 | 3535 | 3535 | 3535 | EUR | 3308 | 3308 | 3308 |  | 16 | 16 | 16 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 02/2023  | 02/2023  | 3306785 | 3306785 | 3306785 | 3306785 | $ | 23995 | 23995 | 23995 |  | 0 | 0 | 0 |  | (1342) |
|  |  | 02/2023  | 02/2023  | $1655 | 1655 | 1655 | 1655 | EUR | 1552 | 1552 | 1552 |  | 11 | 11 | 11 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | 01/2023  | 328283 | 328283 | 328283 | 328283 | $ | 46373 | 46373 | 46373 |  | 0 | 0 | 0 |  | (906) |
|  |  | 01/2023  | 01/2023  | $3778 | 3778 | 3778 | 3778 | DKK | 27020 | 27020 | 27020 |  | 113 | 113 | 113 |  | 0 |
|  |  | 02/2023  | 02/2023  | 1495 | 1495 | 1495 | 1495 | $ | 1128 | 1128 | 1128 |  | 24 | 24 | 24 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 01/2023  | 01/2023  | $2758 | 2758 | 2758 | 2758 | DKK | 19720 | 19720 | 19720 |  | 82 | 82 | 82 |  | 0 |
|  |  | 02/2023  | 02/2023  | 2635 | 2635 | 2635 | 2635 | $ | 2764 | 2764 | 2764 |  | 0 | 0 | 0 |  | (65) |
|  |  | 02/2023  | 02/2023  | 797100 | 797100 | 797100 | 797100 |  | 5774 | 5774 | 5774 |  | 0 | 0 | 0 |  | (334) |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 01/2023  | 01/2023  | $99 | 99 | 99 | 99 | PEN | 382 | 382 | 382 |  | 1 | 1 | 1 |  | 0 |
|  |  | 02/2023  | 02/2023  | 754 | 754 | 754 | 754 | $ | 458 | 458 | 458 |  | 0 | 0 | 0 |  | (21) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 01/2023  | 01/2023  | 364598 | 364598 | 364598 | 364598 |  | 51034 | 51034 | 51034 |  | 0 | 0 | 0 |  | (1475) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**416** | **416** | **416** | **$** | $**(8613)** | **(8613)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BRC | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 1.410% | 1.410% | 1.410% | 02/02/2023 | 56300 | 56300 | 56300 | $281 | 281 | $ | $0 |
| CBK | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 1.720 | 1.720 | 1.720 | 02/23/2023 | 106700 | 106700 | 106700 | 587 | 587 |  | 0 |
| GLM | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.200 | 2.200 | 2.200 | 04/26/2023 | 24400 | 24400 | 24400 | 260 | 260 |  | 15 |
| JPM | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 1.710 | 1.710 | 1.710 | 01/25/2023 | 113700 | 113700 | 113700 | 694 | 694 |  | 0 |
| MYC | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 1.428 | 1.428 | 1.428 | 01/31/2023 | 56300 | 56300 | 56300 | 288 | 288 |  | 0 |
|  | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.200 | 2.200 | 2.200 | 05/31/2023 | 69300 | 69300 | 69300 | 832 | 832 |  | 83 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**2942** | **2942** | **$** | $**98** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** |
| Counterparty | Description | Description | Description | Description | Buy/Sell<br>Protection | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GST | Put - OTC iTraxx Europe 37 5-Year Index  | Put - OTC iTraxx Europe 37 5-Year Index  | Put - OTC iTraxx Europe 37 5-Year Index  | Put - OTC iTraxx Europe 37 5-Year Index  | Sell | Sell | 3.000% | 3.000% | 3.000% | 03/15/2023 | 2100 | 2100 | 2100 | $(4) | (4) | $ | $0 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BRC | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 1.558% | 1.558% | 1.558% | 02/02/2023 | 12300 | 12300 | 12300 | $(281) | (281) | $ | $0 |
| CBK | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 1.736 | 1.736 | 1.736 | 02/23/2023 | 23700 | 23700 | 23700 | (587) | (587) |  | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.350 | 2.350 | 2.350 | 04/26/2023 | 13500 | 13500 | 13500 | (267) | (267) |  | (23) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.547 | 2.547 | 2.547 | 03/07/2023 | 4700 | 4700 | 4700 | (103) | (103) |  | (10) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.547 | 2.547 | 2.547 | 03/07/2023 | 4700 | 4700 | 4700 | (103) | (103) |  | (297) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.067 | 2.067 | 2.067 | 06/09/2023 | 6100 | 6100 | 6100 | (72) | (72) |  | (16) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 3.140 | 3.140 | 3.140 | 06/09/2023 | 6100 | 6100 | 6100 | (84) | (84) |  | (200) |
| JPM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 1.785 | 1.785 | 1.785 | 01/25/2023 | 25200 | 25200 | 25200 | (697) | (697) |  | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 1.579 | 1.579 | 1.579 | 01/31/2023 | 12300 | 12300 | 12300 | (288) | (288) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.350 | 2.350 | 2.350 | 05/31/2023 | 38200 | 38200 | 38200 | (832) | (832) |  | (113) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(3314) | (3314) | $ | $(659) |

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------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** | **OPTIONS** **ON INDICES** |
| Counterparty | Counterparty | Description | Description | Description | Description | Strike<br>Value | Strike<br>Value | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| UAG | UAG | Call - OTC BCOMTR Index  | Call - OTC BCOMTR Index  | Call - OTC BCOMTR Index  | Call - OTC BCOMTR Index  | 119.900 | 119.900 | 01/20/2023 | 01/20/2023 | 84 | $ | (315) | (315) | $(32) | (32) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(3633)** | **(3633)** | $**(691)** | **(691)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** | **TOTAL RETURN SWAPS ON COMMODITY AND EQUITY INDICES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(2)</sup> | Pay/Receive<sup>(2)</sup> | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; BOA | Receive | Receive | AMZX Index  | 811 | &nbsp;&nbsp; 4.780% (1-Month USD-LIBOR plus a specified spread) | Monthly | 10/25/2023 | 10/25/2023 | $1209 | $0 | 0 | $(5) | $0 | 0 | $(5) |
| &nbsp;&nbsp; BPS | Receive | Receive | BCOMF1NTC Index  | 50337 | &nbsp;&nbsp; 0.120% | Monthly | 02/15/2023 | 02/15/2023 | 6525 | 0 | 0 | 0 | 0 | 0 | 0 |
|  | Receive | Receive | BCOMTR Index  | 265747 | &nbsp;&nbsp; 4.530% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 02/15/2023 | 02/15/2023 | 65796 | 0 | 0 | (591) | 0 | 0 | (591) |
|  | Receive | Receive | CSIXTR Index  | 6553 | &nbsp;&nbsp; 4.600% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 02/15/2023 | 02/15/2023 | 41653 | 0 | 0 | 1186 | 1186 | 1186 | 0 |
| &nbsp;&nbsp; BRC | Receive | Receive | DWRTFT Index  | 18067 | &nbsp;&nbsp; 4.610% (1-Month USD-LIBOR plus a specified spread) | Monthly | 11/15/2023 | 11/15/2023 | 199129 | 0 | 0 | (837) | 0 | 0 | (837) |
| &nbsp;&nbsp; CBK | Receive | Receive | DWRTFT Index  | 1372 | &nbsp;&nbsp; 4.700% (1-Month USD-LIBOR plus a specified spread) | Monthly | 05/10/2023 | 05/10/2023 | 15122 | 0 | 0 | (97) | 0 | 0 | (97) |
| &nbsp;&nbsp; FAR | Receive | Receive | DWRTFT Index  | 7344 | &nbsp;&nbsp; 4.600% (1-Month USD-LIBOR plus a specified spread) | Monthly | 03/08/2023 | 03/08/2023 | 80943 | 0 | 0 | (339) | 0 | 0 | (339) |
|  | Receive | Receive | AMZX Index  | 14804 | &nbsp;&nbsp; 4.700% (1-Month USD-LIBOR plus a specified spread) | Monthly | 04/12/2023 | 04/12/2023 | 22067 | 0 | 0 | (94) | 0 | 0 | (94) |
|  | Receive | Receive | DWRTFT Index  | 7344 | &nbsp;&nbsp; 4.600% (1-Month USD-LIBOR plus a specified spread) | Monthly | 05/03/2023 | 05/03/2023 | 80943 | 0 | 0 | (339) | 0 | 0 | (339) |
|  | Receive | Receive | AMZX Index  | 64460 | &nbsp;&nbsp; 4.680% (1-Month USD-LIBOR plus a specified spread) | Monthly | 08/16/2023 | 08/16/2023 | 96084 | 0 | 0 | (405) | 0 | 0 | (405) |
|  | Receive | Receive | DWRTFT Index  | 8294 | &nbsp;&nbsp; 4.600% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/06/2023 | 09/06/2023 | 91414 | 0 | 0 | (383) | 0 | 0 | (383) |
| &nbsp;&nbsp; GST | Receive | Receive | BCOMTR Index  | 414360 | &nbsp;&nbsp; 4.540% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 02/15/2023 | 02/15/2023 | 102591 | 0 | 0 | (921) | 0 | 0 | (921) |
|  | Receive | Receive | CSIXTR Index  | 6653 | &nbsp;&nbsp; 4.580% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 02/15/2023 | 02/15/2023 | 42291 | 0 | 0 | 1207 | 1207 | 1207 | 0 |
| &nbsp;&nbsp; JPM | Receive | Receive | JMABNIC5 Index  | 505595 | &nbsp;&nbsp; 0.000% | Monthly | 02/15/2023 | 02/15/2023 | 89835 | 0 | 0 | 3261 | 3261 | 3261 | 0 |
|  | Receive | Receive | AMNAX Index  | 168418 | &nbsp;&nbsp; 4.880% (1-Month USD-LIBOR plus a specified spread) | Monthly | 03/15/2023 | 03/15/2023 | 116770 | 0 | 0 | (522) | 0 | 0 | (522) |
|  | Receive | Receive | DWRTFT Index  | 5579 | &nbsp;&nbsp; 4.600% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 09/13/2023 | 61490 | 0 | 0 | (258) | 0 | 0 | (258) |
| &nbsp;&nbsp; MAC | Receive | Receive | BCOMTR Index  | 220353 | &nbsp;&nbsp; 4.540% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 02/15/2023 | 02/15/2023 | 54557 | 0 | 0 | (480) | 0 | 0 | (480) |
|  | Receive | Receive | CSIXTR Index  | 4962 | &nbsp;&nbsp; 4.590% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 02/15/2023 | 02/15/2023 | 31540 | 0 | 0 | 900 | 900 | 900 | 0 |
|  | Receive | Receive | PIMCODB Index  | 1316916 | &nbsp;&nbsp; 0.000% | Monthly | 02/15/2023 | 02/15/2023 | 242441 | 0 | 0 | 5937 | 5937 | 5937 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; MYI | Receive | DWRTFT Index  | DWRTFT Index  | 167 | &nbsp;&nbsp; 4.740% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.740% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 01/04/2023 | 01/04/2023 | 1942 |  | 0 |  | (110) |  | 0 |  | (110) |
|  | Receive | DWRTFT Index  | DWRTFT Index  | 5362 | &nbsp;&nbsp; 4.570% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.570% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 02/22/2023 | 02/22/2023 | 59098 |  | 0 |  | (246) |  | 0 |  | (246) |
|  | Receive | DWRTFT Index  | DWRTFT Index  | 6553 | &nbsp;&nbsp; 4.540% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.540% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 06/21/2023 | 06/21/2023 | 71128 |  | 0 |  | 1061 |  | 1061 |  | 0 |
| &nbsp;&nbsp; UAG | Receive | BCOMTR Index  | BCOMTR Index  | 30726 | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | Maturity | Maturity | 01/20/2023 | 01/20/2023 | 3350 |  | 22 |  | 94 |  | 116 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | 22 | $ | 8019 | $ | 13668 | $ | (5627) |
| **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(2)</sup> | Pay/Receive<sup>(2)</sup> | Underlying<br>Reference | # of Shares | # of Shares | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; JPM | Receive | Receive | Alexandria Real Estate Equities, Inc.  | 80100 | 80100 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | $11668 | 11668 | $0 | 0 | $61 | 61 | $61 | 61 | $0 |
|  | Receive | Receive | American Homes 4 Rent  | 523400 | 523400 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 15775 | 15775 | 0 | 0 | (54) | (54) | 0 | 0 | (54) |
|  | Receive | Receive | American Tower Corp.  | 110600 | 110600 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 23432 | 23432 | 0 | 0 | 99 | 99 | 99 | 99 | 0 |
|  | Receive | Receive | Apartment Income REIT Corp.  | 257500 | 257500 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 8835 | 8835 | 0 | 0 | (29) | (29) | 0 | 0 | (29) |
|  | Receive | Receive | AvalonBay Communities, Inc.  | 136400 | 136400 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 22031 | 22031 | 0 | 0 | 144 | 144 | 144 | 144 | 0 |
|  | Receive | Receive | Digital Realty Trust, Inc.  | 90100 | 90100 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 9034 | 9034 | 0 | 0 | 80 | 80 | 80 | 80 | 0 |
|  | Receive | Receive | Equinix, Inc.  | 17500 | 17500 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 11463 | 11463 | 0 | 0 | (37) | (37) | 0 | 0 | (37) |
|  | Receive | Receive | Equity LifeStyle Properties, Inc.  | 316000 | 316000 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 20414 | 20414 | 0 | 0 | 66 | 66 | 66 | 66 | 0 |
|  | Receive | Receive | Equity Residential  | 360500 | 360500 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 21270 | 21270 | 0 | 0 | 155 | 155 | 155 | 155 | 0 |
|  | Receive | Receive | First Industrial Realty Trust, Inc.  | 214600 | 214600 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 10357 | 10357 | 0 | 0 | 30 | 30 | 30 | 30 | 0 |
|  | Receive | Receive | Gaming and Leisure Properties, Inc.  | 228300 | 228300 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 11892 | 11892 | 0 | 0 | (36) | (36) | 0 | 0 | (36) |
|  | Receive | Receive | Invitation Homes, Inc.  | 1070100 | 1070100 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 12/06/2023 | 31718 | 31718 | 0 | 0 | (109) | (109) | 0 | 0 | (109) |

---

------

<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Receive | Prologis, Inc.  | 668537 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 12/06/2023 |  | 75364 |  | 0 |  | (245) |  | 0 |  | (245) |
|  | Receive | PSA Treasury Pte Ltd.  | 130800 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 12/06/2023 |  | 36649 |  | 0 |  | (123) |  | 0 |  | (123) |
|  | Receive | Rexford Industrial Realty, Inc.  | 180200 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 12/06/2023 |  | 9846 |  | 0 |  | 27 |  | 27 |  | 0 |
|  | Receive | SBA Communications Corp.  | 62100 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 12/06/2023 |  | 17407 |  | 0 |  | (56) |  | 0 |  | (56) |
|  | Receive | Simon Property Group, Inc.  | 318900 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 12/06/2023 |  | 37464 |  | 0 |  | (120) |  | 0 |  | (120) |
|  | Receive | Sun Communities, Inc.  | 210400 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 12/06/2023 |  | 30087 |  | 0 |  | 91 |  | 91 |  | 0 |
|  | Receive | Vici Properities, Inc.  | 1095456 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 12/06/2023 |  | 35493 |  | 0 |  | 310 |  | 310 |  | 0 |
|  | Receive | WP Carey, Inc.  | 167700 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 12/06/2023 |  | 13106 |  | 0 |  | 138 |  | 138 |  | 0 |
|  |  |  |  |  |  |  |  |  |  | $0 | 0 | $392 | 392 | $1201 | 1201 | $(809) | (809) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**22** | **22** | $**8411** | **8411** | $**14869** | **14869** | $**(6436)** | **(6436)** |
| **(k)** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $78,540 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $ | $0 | 0 | $94259 | 94259 | $ | $0 | 0 | 0 | 94259 | 94259 |  |  |
| Industrials | Industrials | Industrials | Industrials | Industrials |  | 0 | 0 | 158 | 158 |  | 0 | 0 | 0 | 158 | 158 |  |  |
| Utilities | Utilities | Utilities | Utilities | Utilities |  | 0 | 0 | 303 | 303 |  | 0 | 0 | 0 | 303 | 303 |  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies |  | 0 | 0 | 104950 | 104950 |  | 0 | 0 | 0 | 104950 | 104950 |  |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations |  | 0 | 0 | 2609372 | 2609372 |  | 0 | 0 | 0 | 2609372 | 2609372 |  |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities |  | 0 | 0 | 14349 | 14349 |  | 0 | 0 | 0 | 14349 | 14349 |  |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |  | 0 | 0 | 238288 | 238288 |  | 0 | 0 | 0 | 238288 | 238288 |  |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues |  | 0 | 0 | 105669 | 105669 |  | 0 | 0 | 0 | 105669 | 105669 |  |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |  |
| Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | Consumer Discretionary |  | 9430 | 9430 | 0 | 0 |  | 0 | 0 | 0 | 9430 | 9430 |  |  |
| Real Estate | Real Estate | Real Estate | Real Estate | Real Estate |  | 10665 | 10665 | 0 | 0 |  | 0 | 0 | 0 | 10665 | 10665 |  |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance |  | 0 | 0 | 198 | 198 |  | 0 | 0 | 0 | 198 | 198 |  |  |
| Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts |  |  |
| Real Estate | Real Estate | Real Estate | Real Estate | Real Estate |  | 478167 | 478167 | 0 | 0 |  | 0 | 0 | 0 | 478167 | 478167 |  |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |  |
| Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper |  | 0 | 0 | 32238 | 32238 |  | 0 | 0 | 0 | 32238 | 32238 |  |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements |  | 0 | 0 | 224621 | 224621 |  | 0 | 0 | 0 | 224621 | 224621 |  |  |
| Short-Term Notes | Short-Term Notes | Short-Term Notes | Short-Term Notes | Short-Term Notes |  | 0 | 0 | 641 | 641 |  | 0 | 0 | 0 | 641 | 641 |  |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills |  | 0 | 0 | 52543 | 52543 |  | 0 | 0 | 0 | 52543 | 52543 |  |  |
|  |  |  |  |  | $ | $498262 | 498262 | $3477589 | 3477589 | $ | $0 | 0 | 0 | 3975851 | 3975851 |  |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $ | $23771 | 23771 | $0 | 0 | $ | $0 | 0 | 0 | 23771 | 23771 |  |  |

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<br> Consolidated Schedule of Investments PIMCO All Asset: Multi-Real Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Total Investments | $522033 | $3477589 | $0 | $3999622 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 5024 | 881 | 0 | 5905 |
| Over the counter | 0 | 15383 | 0 | 15383 |
|  | $5024 | $16264 | $0 | $21288 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (3291) | (853) | 0 | (4144) |
| Over the counter | 0 | (15740) | 0 | (15740) |
|  | $(3291) | $(16593) | $0 | $(19884) |
| Total Financial Derivative Instruments | $1733 | $(329) | $0 | $1404 |
| Totals | $523766 | $3477260 | $0 | $4001026 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 120.8% ¤** |  |  |
| **CORPORATE BONDS & NOTES 1.3%**  |  |  |
| **BANKING & FINANCE 1.2%**  |  |  |
| **Bank of America Corp.** <br>5.653% (SOFRRATE + 1.330%) due 04/02/2026 ~ | $300 | $298 |
| **Credit Suisse AG** <br>2.984% (EUR003M + 1.000%) due 09/01/2023 ~ | 2000 | 2105 |
| **Credit Suisse Group AG** <br>7.500% due 12/11/2023 •(d)(e) | $400 | 350 |
| **Equinix, Inc.** <br>1.550% due 03/15/2028 | 100 | 83 |
| **Fairfax Financial Holdings Ltd.** <br>2.750% due 03/29/2028 | 150 | 140 |
| **General Motors Financial Co., Inc.** <br>5.360% (SOFRRATE + 1.200%) due 11/17/2023 ~ | $100 | 100 |
| **Goldman Sachs Group, Inc.** <br>6.162% (SOFRRATE + 1.850%) due 03/15/2028 ~ | 400 | 394 |
| **Jackson National Life Global Funding** <br>5.473% (SOFRRATE + 1.150%) due 06/28/2024 ~ | 1300 | 1301 |
| **Nykredit Realkredit AS** <br>1.500% due 10/01/2053 | 7537 | 837 |
| **Societe Generale SA** <br>7.875% due 12/18/2023 •(d)(e) | $400 | 396 |
| **Toyota Motor Credit Corp.** <br>5.050% due 12/11/2023 | 1000 | 1002 |
| **VICI Properties LP** <br>4.750% due 02/15/2028 | 100 | 95 |
|  |  | 7101 |
| **INDUSTRIALS 0.1%**  |  |  |
| **CVS Pass-Through Trust** <br>6.943% due 01/10/2030 | 67 | 69 |
| **Warnermedia Holdings, Inc.**  |  |  |
| 4.054% due 03/15/2029  | 100 | 87 |
| 4.279% due 03/15/2032  | 400 | 330 |
|  |  | 486 |
| Total Corporate Bonds & Notes (Cost $7,273) |  | 7587 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **ILLINOIS 0.0%**  |  |  |
| **Chicago, Illinois General Obligation Bonds, Series 2015** <br>7.750% due 01/01/2042 | 16 | 16 |
| **WASHINGTON 0.1%**  |  |  |
| **Washington State Convention Center Public Facilities District Revenue Bonds, (BABs), Series 2010** <br>6.790% due 07/01/2040 | 365 | 384 |
| Total Municipal Bonds & Notes (Cost $405) |  | 400 |
| **U.S. GOVERNMENT AGENCIES 0.2%**  |  |  |
| **Fannie Mae**  |  |  |
| 4.000% due 04/25/2041 | 536 | 505 |
| 4.366% due 09/25/2042 •  | 3 | 2 |
| 4.739% due 07/25/2037 •  | 4 | 4 |
| 4.769% due 07/25/2037 ~ | 7 | 7 |
| 4.789% due 09/25/2035 •  | 14 | 14 |
| 4.799% due 09/25/2035 ~ | 33 | 32 |
| 5.109% due 06/25/2037 •  | 61 | 61 |
| **Freddie Mac**  |  |  |
| 4.698% due 03/15/2037 ~ | 63 | 62 |
| 5.018% due 08/15/2037 •  | 86 | 85 |
| 5.028% due 10/15/2037 •  | 14 | 14 |
| 5.038% due 05/15/2037 - 09/15/2037 •  | 100 | 100 |

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **U** **.S. Small Business Administration**<br>4.430% due 05/01/2029 | 10 | 9 |
| Total U.S. Government Agencies (Cost $909) |  | 895 |
| **U.S. TREASURY OBLIGATIONS 2.2%**  |  |  |
| **U.S. Treasury Inflation Protected Securities** (c) |  |  |
| 0.125% due 02/15/2052 | 4817 | 3125 |
| 0.625% due 07/15/2032 | 9333 | 8556 |
| 0.625% due 02/15/2043 | 113 | 91 |
| 1.375% due 02/15/2044 | 805 | 749 |
| Total U.S. Treasury Obligations (Cost $13,609) |  | 12521 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 12.7%**  |  |  |
| **245 Park Avenue Trust** <br>3.508% due 06/05/2037 | 1000 | 891 |
| **Ashford Hospitality Trust** <br>5.218% due 04/15/2035 •  | 834 | 806 |
| **Atrium Hotel Portfolio Trust** <br>6.068% due 12/15/2036 •  | 5000 | 4798 |
| **BAMLL Commercial Mortgage Securities Trust** <br>3.218% due 04/14/2033 | 3750 | 3478 |
| **Banc of America Mortgage Trust**  |  |  |
| 3.942% due 07/25/2035 ^~  | 21 | 19 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 3.887% due 11/25/2034 ~  | 3 | 3 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 3.354% due 10/25/2035 ^~  | 105 | 89 |
| 3.729% due 09/25/2035 ^~  | 58 | 36 |
| **BIG Commercial Mortgage Trust** <br>5.678% due 02/15/2039 •  | 3500 | 3366 |
| **BX Commercial Mortgage Trust** <br>5.326% due 01/17/2039 ~ | 3000 | 2877 |
| **BX Trust** <br>5.085% (TSFR1M + 0.749%) due 04/15/2039 ~ | 1100 | 1016 |
| **Century Plaza Towers** <br>2.865% due 11/13/2039 | 1875 | 1500 |
| **Chase Mortgage Finance Trust**  |  |  |
| 3.707% due 09/25/2036 ^~  | 22 | 18 |
| 3.824% due 12/25/2035 ^~  | 11 | 10 |
| 6.000% due 12/25/2036  | 23 | 11 |
| **Citigroup Mortgage Loan Trust** <br>6.170% due 09/25/2062 þ | 1456 | 1426 |
| **Colony Mortgage Capital Ltd.** <br>5.796% due 11/15/2038 •  | 2900 | 2719 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.769% due 09/25/2046 ^•  | 109 | 100 |
| 4.949% due 02/25/2037 ~ | 39 | 32 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 3.792% due 11/25/2034 ~  | 25 | 22 |
| **DBWF Mortgage Trust**  |  |  |
| 5.469% due 12/19/2030 •  | 3200 | 3109 |
| 5.789% due 12/19/2030 ~ | 2400 | 2309 |
| **Deutsche ALT-A Securities, Inc. Mortgage Loan Trust** <br>5.049% due 02/25/2036 •  | 277 | 256 |
| **Ellington Financial Mortgage Trust** <br>5.900% due 09/25/2067 þ | 5700 | 5620 |
| **GS Mortgage Securities Corp.** <br>7.736% due 08/15/2039 ~ | 2800 | 2825 |
| **GSR Mortgage Loan Trust**  |  |  |
| 3.719% due 11/25/2035 ~  | 1 | 1 |
| 3.767% due 09/25/2035 ~  | 1 | 1 |
| 3.954% due 11/25/2035 ^~  | 39 | 32 |
| 6.000% due 02/25/2036 ^ | 484 | 222 |
| 6.000% due 07/25/2037 ^  | 129 | 90 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 3.529% due 06/19/2036 ^~  | 127 | 73 |
| 4.679% due 12/19/2036 •^  | 12 | 11 |
| 4.819% due 06/19/2035 •  | 93 | 87 |
| 4.819% due 12/19/2036 ^~ | 253 | 229 |
| **Hilton Orlando Trust** <br>5.618% due 12/15/2034 •  | 290 | 281 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.215% due 06/25/2036 ~  | 259 | 234 |
| 4.749% due 02/25/2037 •^  | 143 | 126 |
| **JP Morgan Alternative Loan Trust** <br>3.133% due 05/25/2036 ^~ | 123 | 71 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 2.287% due 03/05/2042  | 3561 | 2913 |
| 4.248% due 07/05/2033  | 1500 | 1403 |
| 5.268% due 02/15/2035 ~ | 1029 | 999 |
| 5.372% due 07/05/2033 •  | 1355 | 1275 |
| 5.568% due 09/15/2029 •  | 2559 | 2483 |
| 5.588% due 11/15/2035 •  | 261 | 250 |
| 5.618% due 03/15/2036 •  | 5000 | 4794 |

---

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **JP** **Morgan Mortgage Trust**  |  |  |
| 3.590% due 10/25/2036 ~  | 10 | 7 |
| 3.614% due 10/25/2036 ^~  | 62 | 47 |
| 3.708% due 07/25/2035 ~  | 4 | 4 |
| **Legacy Mortgage Asset Trust** <br>1.875% due 10/25/2068 þ | 336 | 303 |
| **Lehman Mortgage Trust** <br>6.000% due 09/25/2037 ^ | 94 | 86 |
| **MAD Mortgage Trust** <br>3.366% due 08/15/2034 ~ | 1600 | 1473 |
| **MASTR Adjustable Rate Mortgages Trust** <br>2.642% due 07/25/2035 ^~ | 17 | 15 |
| **Merrill Lynch Alternative Note Asset Trust** <br>4.989% due 03/25/2037 •  | 172 | 50 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 3.011% due 05/25/2033 ~  | 2 | 1 |
| 3.820% due 09/25/2035 ^~  | 49 | 39 |
| **Mortgage Equity Conversion Asset Trust** <br>5.140% due 05/25/2042 ~ | 220 | 192 |
| **New Orleans Hotel Trust** <br>5.307% due 04/15/2032 •  | 2300 | 2189 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>5.476% due 05/25/2035 ^þ | 5 | 3 |
| **NYO Commercial Mortgage Trust** <br>5.413% due 11/15/2038 ~ | 6200 | 5638 |
| **Preston Ridge Partners Mortgage LLC** <br>3.720% due 02/25/2027 þ | 344 | 323 |
| **PRET LLC** <br>6.559% due 08/25/2052 þ | 2878 | 2843 |
| **Prime Mortgage Trust** <br>6.000% due 06/25/2036 ^ | 3 | 3 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.689% due 02/25/2037 •  | 117 | 102 |
| 4.729% due 01/25/2037 ~ | 215 | 175 |
| 4.749% due 07/25/2036 ~ | 427 | 181 |
| 4.759% due 08/25/2036 ~ | 220 | 194 |
| 4.769% due 09/25/2036 ^•  | 338 | 309 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.448% due 01/25/2035 ^•  | 2 | 2 |
| 3.780% due 02/25/2034 ~  | 1 | 1 |
| **Thornburg Mortgage Securities Trust** <br>6.666% due 06/25/2047 ^•  | 96 | 79 |
| **Towd Point Mortgage Trust**  |  |  |
| 3.722% due 03/25/2058 ~  | 1934 | 1829 |
| 3.750% due 09/25/2062  | 1430 | 1344 |
| **UBS Commercial Mortgage Trust** <br>5.168% due 02/15/2032 ~ | 434 | 424 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.211% due 02/25/2037 ^~  | 36 | 32 |
| **Wells Fargo Commercial Mortgage Trust** <br>5.658% (US0001M + 1.340%) due 02/15/2037 ~ | 930 | 891 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>4.564% due 12/25/2036 ^~ | 39 | 37 |
| Total Non-Agency Mortgage-Backed Securities (Cost $71,741) |  | 71727 |
| **ASSET-BACKED SECURITIES 20.1%**  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>4.509% due 10/25/2036 ~ | 1 | 0 |
| **Adagio X Eur CLO DAC** <br>4.541% due 07/20/2036 | 5300 | 5677 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust** <br>5.349% due 07/25/2035 •  | $27 | 26 |
| **Bear Stearns Asset-Backed Securities Trust** <br>4.629% due 06/25/2047 •  | 322 | 321 |
| **BHG Securitization Trust**  |  |  |
| 5.320% due 10/17/2035  | 1094 | 1086 |
| 5.930% due 10/17/2035  | 1700 | 1673 |
| **Black Diamond CLO DAC** <br>2.316% due 01/20/2032 ~ | 4822 | 5046 |
| **Capital Four U.S. CLO Ltd.** <br>5.814% due 10/20/2030 ~ | $900 | 898 |
| **CarNow Auto Receivables Trust** <br>3.440% due 07/15/2024 | 30 | 30 |
| **Carrington Mortgage Loan Trust** <br>5.099% due 04/17/2031 ~ | 2700 | 2652 |
| **Citibank Credit Card Issuance Trust** <br>4.683% due 01/20/2025 •  | 800 | 800 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.549% due 12/25/2036 ~ | 805 | 454 |
| 4.569% due 01/25/2037 •  | 1036 | 772 |
| **Contego CLO DAC** <br>2.573% (EUR003M + 1.030%) due 01/25/2034 ~ | 2230 | 2292 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.529% due 04/25/2047 ~ | $128 | 122 |
| 4.929% due 03/25/2036 •  | 169 | 156 |

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Dryden** **53 CLO Ltd.** <br>5.479% due 01/15/2031 •  | 1600 | 1546 |
| **Dryden Euro CLO DAC** <br>2.258% due 04/15/2034 ~ | 2500 | 2559 |
| **Euro-Galaxy CLO DAC** <br>2.748% due 02/15/2034 | 5000 | 5172 |
| **Exeter Automobile Receivables Trust** <br>5.290% due 01/15/2025 | $3400 | 3400 |
| **Fair Oaks Loan Funding DAC** <br>2.258% (EUR003M + 0.880%) due 04/15/2034 ~ | 3500 | 3591 |
| **First Franklin Mortgage Loan Trust** <br>4.709% due 04/25/2036 •  | $18 | 18 |
| **Ford Auto Securitization Trust Asset-Backed Notes** <br>4.956% due 10/15/2024 | 2324 | 1713 |
| **FREED ABS Trust** <br>6.490% due 12/18/2029 | $1534 | 1534 |
| **Fremont Home Loan Trust** <br>4.709% due 08/25/2036 ~ | 1981 | 687 |
| **GSAMP Trust** <br>4.439% due 12/25/2046 •  | 297 | 149 |
| **Henley CLO DAC** <br>2.493% (EUR003M + 0.950%) due 07/25/2034 ~ | 5000 | 5137 |
| **Invesco Euro CLO DAC** <br>2.448% (EUR003M + 1.070%) due 01/15/2034 ~ | 4000 | 4164 |
| **LL ABS Trust** <br>6.630% due 05/15/2030 | $2408 | 2400 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.689% due 05/25/2036 ~  | 108 | 63 |
| 4.929% due 05/25/2046 •  | 700 | 237 |
| **Madison Park Funding Ltd.** <br>5.478% due 04/25/2032 •  | 2150 | 2116 |
| **Marlette Funding Trust**  |  |  |
| 5.180% due 11/15/2032  | 2087 | 2072 |
| 5.950% due 11/15/2032  | 600 | 586 |
| **Massachusetts Educational Financing Authority** <br>5.308% due 04/25/2038 •  | 22 | 22 |
| **Master Credit Card Trust** <br>4.844% due 07/21/2024 •  | 1800 | 1800 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.439% due 01/25/2037 •  | 2599 | 752 |
| 4.599% due 05/25/2037 •  | 831 | 782 |
| 4.969% due 12/25/2035 •  | 35 | 35 |
| **Merrill Lynch Mortgage Investors Trust** <br>4.889% due 07/25/2037 •  | 396 | 103 |
| **MF1 Ltd.**  |  |  |
| 6.471% due 06/19/2037 •  | 4400 | 4338 |
| 6.971% due 06/19/2037 •  | 1300 | 1282 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.519% due 02/25/2037 • ~ | 389 | 349 |
| 4.519% due 02/25/2037 ~ | 577 | 260 |
| 4.524% due 11/25/2036 •  | 871 | 591 |
| 4.599% due 01/25/2037 ~ | 432 | 214 |
| **Morgan Stanley Home Equity Loan Trust** <br>4.489% due 12/25/2036 •  | 450 | 228 |
| **Navient Private Education Loan Trust** <br>5.768% due 07/16/2040 •  | 5924 | 5842 |
| **Nelnet Student Loan Trust** <br>5.093% due 04/20/2062 •  | 1596 | 1549 |
| **Oportun Issuance Trust** <br>7.451% due 01/08/2030 | 2993 | 2994 |
| **Pagaya AI Debt Selection Trust**  |  |  |
| 2.030% due 10/15/2029  | 212 | 203 |
| 4.970% due 01/15/2030  | 154 | 152 |
| **Park Place Securities, Inc. Asset-Backed Pass-Through Certificates** <br>6.039% due 12/25/2034 ~ | 43 | 43 |
| **PFP Ltd.** <br>6.600% due 08/19/2035 ~ | 2200 | 2161 |
| **PRET LLC**  |  |  |
| 1.744% due 07/25/2051 þ  | 249 | 226 |
| 1.868% due 07/25/2051 þ  | 260 | 230 |
| **Ready Capital Mortgage Financing LLC** <br>6.875% due 10/25/2039 | 2896 | 2892 |
| **Regatta Funding Ltd.** <br>5.149% due 07/17/2031 •  | 2000 | 1966 |
| **Renaissance Home Equity Loan Trust** <br>5.586% due 11/25/2036 þ | 748 | 280 |
| **Research-Driven Pagaya Motor Asset Trust** <br>4.320% due 09/25/2030 | 438 | 423 |
| **Residential Asset Mortgage Products Trust** <br>6.069% due 08/25/2035 •  | 700 | 636 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.549% due 08/25/2036 •  | 377 | 123 |
| 4.869% due 07/25/2036 •  | 207 | 87 |
| 5.349% due 01/25/2036 ^•  | 296 | 281 |
| **SG Mortgage Securities Trust** <br>4.529% due 10/25/2036 •  | 240 | 204 |

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **SLM** **Private Education Loan Trust** <br>9.068% due 10/15/2041 •  | 2647 | 2842 |
| **SMB Private Education Loan Trust**  |  |  |
| 1.070% due 01/15/2053  | 1875 | 1611 |
| 5.048% due 01/15/2053 •  | 2077 | 1989 |
| 5.239% due 09/15/2054 •  | 1353 | 1310 |
| **Sound Point CLO Ltd.** <br>5.293% due 10/20/2028 •  | 272 | 270 |
| **Soundview Home Loan Trust** <br>5.289% due 10/25/2037 •  | 629 | 491 |
| **St Paul's CLO DAC** <br>2.138% due 07/17/2030 | 3991 | 4159 |
| **Starwood Mortgage Trust** <br>5.157% due 11/15/2038 •  | $4430 | 4292 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |
| 4.524% due 07/25/2036 •  | 43 | 42 |
| 4.729% due 12/25/2036 ~ | 27 | 27 |
| **Theorem Funding Trust**  |  |  |
| 1.210% due 12/15/2027  | 125 | 123 |
| 7.600% due 04/15/2029  | 2448 | 2441 |
| **TPG Real Estate Finance Issuer Ltd.** <br>5.458% due 02/15/2039 ~ | 3700 | 3614 |
| Total Asset-Backed Securities (Cost $109,811) |  | 113408 |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Brazil Government International Bond** <br>4.750% due 01/14/2050 | 420 | 295 |
| **Israel Government International Bond**  |  |  |
| 0.150% due 07/31/2023  | 7400 | 2064 |
| 1.500% due 11/30/2023  | 3500 | 977 |
| Total Sovereign Issues (Cost $3,321) |  | 3336 |
|  | SHARES |  |
| **PREFERRED SECURITIES 0.0%**  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |
| **Stichting AK Rabobank Certificaten**<br>6.500% due 12/29/2049 þ(d) | 81275 | 84 |
| Total Preferred Securities (Cost $73) |  | 84 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 83.6%**  |  |  |
| **COMMERCIAL PAPER 2.1%**  |  |  |
| **American Electric Power Co., Inc.** <br>4.800% due 01/04/2023 | $3900 | 3898 |
| **Duke Energy Corp.** <br>4.620% due 01/11/2023 | 2300 | 2296 |
| **Entergy Corp.** <br>4.750% due 01/11/2023 | 1700 | 1697 |
| **Fiserv, Inc.** <br>4.600% due 01/05/2023 | 1390 | 1389 |
| **Quanta Services, Inc.** <br>5.100% due 01/13/2023 | 2300 | 2296 |
|  |  | 11576 |
| **REPURCHASE AGREEMENTS (f) 68.0%** |  | 383300 |
| **HUNGARY TREASURY BILLS 0.5%**  |  |  |
| 18.250% due 01/03/2023 (a)(b) | 1015000 | 2721 |
| **ISRAEL TREASURY BILLS 1.3%**  |  |  |
| 0.578% due 01/04/2023 - 02/08/2023 (a)(b) | 25700 | 7286 |
| **JAPAN TREASURY BILLS 9.0%**  |  |  |
| (0.177)% due 01/11/2023 - 02/06/2023 (a)(b) | 6640000 | 50600 |
| **U.S. TREASURY BILLS 2.6%**  |  |  |
| 4.154% due 03/02/2023 (a)(b) | $14812 | 14711 |

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $464,836) |  | 470194 |
| Total Investments in Securities (Cost $671,978) |  | 680152 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 3.4%**  |  |  |
| **SHORT-TERM INSTRUMENTS 3.4%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 3.4%**  |  |  |
| **PIMCO Short Asset Portfolio** | 2013405 | 19301 |
| Total Short-Term Instruments (Cost $19,716) |  | 19301 |
| Total Investments in Affiliates (Cost $19,716) |  | 19301 |
| Total Investments 124.2% (Cost $691,694) |  | $699453 |
| **Financial Derivative Instruments (g)(h) (1.8)**%(Cost or Premiums, net $345) |  | (10115) |
| Other Assets and Liabilities, net (22.4)% |  | (126105) |
| Net Assets 100.0% |  | $563233 |

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** | **Coupon represents a weighted average yield to maturity** |
| **(b)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(c)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(d)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(e)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(f)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | BOS | 4.220%  | 12/22/2022 | 01/05/2023 | 100000 | &nbsp;&nbsp; U.S. Treasury Bonds 2.750% due 11/15/2047 | &nbsp;&nbsp; U.S. Treasury Bonds 2.750% due 11/15/2047 | &nbsp;&nbsp; U.S. Treasury Bonds 2.750% due 11/15/2047 | (97731) | (97731) | 100000 | $ | 100140 |
| BPS | BPS | 4.150  | 12/30/2022 | 01/03/2023 | 129700 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 09/30/2026 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 09/30/2026 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 09/30/2026 | (132337) | (132337) | 129700 |  | 129760 |
|  |  | 4.200  | 01/03/2023 | 01/04/2023 | 132900 | &nbsp;&nbsp; U.S. Treasury Notes 1.500% due 02/15/2025 | &nbsp;&nbsp; U.S. Treasury Notes 1.500% due 02/15/2025 | &nbsp;&nbsp; U.S. Treasury Notes 1.500% due 02/15/2025 | (135707) | (135707) | 132900 |  | 132900 |
|  |  | 4.310  | 12/30/2022 | 01/03/2023 | 20700 | &nbsp;&nbsp; U.S. Treasury Notes 0.625% due 05/15/2030 | &nbsp;&nbsp; U.S. Treasury Notes 0.625% due 05/15/2030 | &nbsp;&nbsp; U.S. Treasury Notes 0.625% due 05/15/2030 | (21159) | (21159) | 20700 |  | 20710 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | **(386934)** | **(386934)** | **383300** | **$** | **383510** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(87) at a weighted average interest rate of 2.950%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability | Liability |
| U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | 134 | 134 | $27480 | $26 | 26 | $0 | 0 | $(21) | (21) |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 253 | 253 | 27306 | (34) | (34) | 0 | 0 | (22) | (22) |
| U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | 196 | 196 | 22010 | (118) | (118) | 0 | 0 | (27) | (27) |
|  |  |  |  |  |  |  |  | (126) | $ | 0 | $ | (70) | (70) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability | Liability |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 79 | 79 | $(10611) | $(24) | (24) | $39 | 39 | $0 | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(150)** | **$** | **39** | **$** | **(70)** | **(70)** |

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(3)</sup> | Asset | Asset | Liability |
| CDX.IG-38 5-Year Index  | CDX.IG-38 5-Year Index  | CDX.IG-38 5-Year Index  | 1.000% | 1.000% | 1.000% | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | $ | 57 | 173 | 230 | 0 | 0 | 0 |
| CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | 12/20/2027 | 12/20/2027 | 12/20/2027 |  | 394 | 1832 | 2226 | 11 | 11 | 0 |
|  |  |  |  |  |  |  |  |  |  | $ | 451 | 2005 | 2456 | 11 | 11 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay<sup>(4)</sup> | Pay<sup>(4)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.750% | 1.750% | Annual | Annual | 03/15/2033 | 6600 | (605) | (276) | (881) | $0 | 0 | $(35) |
| Receive<sup>(4)</sup> | Receive<sup>(4)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.500 | 1.500 | Annual | Annual | 03/15/2053 | 2900 | 499 | 139 | 638 | 30 | 30 | 0 |
|  |  |  |  |  |  |  |  |  |  | $ | (106) | (137) | (243) | 30 | 30 | (35) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **345** | **1868** | **2213** | **41** | **41** | **(35)** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(3)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 01/2023  | 01/2023  | 01/2023  | 01/2023  | HUF | 1 | 1 | $0 | 0 | 0 | 0 | $0 | 0 |
|  |  |  |  | 01/2023  | 01/2023  | 01/2023  | 01/2023  | JPY | 1690000 | 1690000 | 11819 | 11819 | 0 | 0 | (1069) | (1069) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | CHF | 4884 | 4884 | 5157 | 5157 | 0 | 0 | (149) | (149) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | EUR | 593 | 593 | 629 | 629 | 0 | 0 | (7) | (7) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | GBP | 10270 | 10270 | 12133 | 12133 | 3 | 3 | (300) | (300) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | JPY | 1716800 | 1716800 | 11914 | 11914 | 0 | 0 | (1222) | (1222) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | NOK | 2218 | 2218 | 223 | 223 | 0 | 0 | (3) | (3) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | SEK | 23157 | 23157 | 2235 | 2235 | 11 | 11 | 0 | 0 |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | $ | $295 | 295 | 274 | 274 | 3 | 3 | 0 | 0 |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  |  | 560 | 560 | 524 | 524 | 3 | 3 | 0 | 0 |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  |  | 23 | 23 | 413 | 413 | 1 | 1 | 0 | 0 |
|  |  |  |  | 03/2023  | 03/2023  | 03/2023  | 03/2023  | MXN | 6752 | 6752 | $340 | 340 | 0 | 0 | (2) | (2) |
|  |  |  |  | 07/2023  | 07/2023  | 07/2023  | 07/2023  | ILS | 1078 | 1078 | 312 | 312 | 1 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 01/2023  | 01/2023  | 01/2023  | 01/2023  | BRL | 2536 | 2536 | 467 | 467 | 0 | 0 | (14) | (14) |
|  |  |  |  | 01/2023  | 01/2023  | 01/2023  | 01/2023  | HUF | 667708 | 667708 | 1714 | 1714 | 0 | 0 | (76) | (76) |
|  |  |  |  | 01/2023  | 01/2023  | 01/2023  | 01/2023  | ILS | 2591 | 2591 | 756 | 756 | 18 | 18 | 0 | 0 |
|  |  |  |  | 01/2023  | 01/2023  | 01/2023  | 01/2023  | KRW | 865915 | 865915 | 659 | 659 | 0 | 0 | (29) | (29) |
|  |  |  |  | 01/2023  | 01/2023  | 01/2023  | 01/2023  | TRY | 6058 | 6058 | 321 | 321 | 0 | 0 | (1) | (1) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | EUR | 55143 | 55143 | 57180 | 57180 | 0 | 0 | (2018) | (2018) |
|  |  |  |  | 03/2023  | 03/2023  | 03/2023  | 03/2023  | INR | 67589 | 67589 | 816 | 816 | 3 | 3 | 0 | 0 |
|  |  |  |  | 03/2023  | 03/2023  | 03/2023  | 03/2023  | TWD | 18518 | 18518 | 615 | 615 | 8 | 8 | 0 | 0 |
|  |  |  |  | 03/2023  | 03/2023  | 03/2023  | 03/2023  | $ | $830 | 830 | 68909 | 68909 | 0 | 0 | (1) | (1) |
|  |  |  |  | 11/2023  | 11/2023  | 11/2023  | 11/2023  | ILS | 2592 | 2592 | $751 | 751 | 1 | 1 | (3) | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 01/2023  | 01/2023  | 01/2023  | 01/2023  | BRL | 1642 | 1642 | 314 | 314 | 3 | 3 | 0 | 0 |
|  |  |  |  | 01/2023  | 01/2023  | 01/2023  | 01/2023  | HUF | 271510 | 271510 | 708 | 708 | 0 | 0 | (20) | (20) |
|  |  |  |  | 01/2023  | 01/2023  | 01/2023  | 01/2023  | SGD | 1763 | 1763 | 1309 | 1309 | 0 | 0 | (7) | (7) |
|  |  |  |  | 01/2023  | 01/2023  | 01/2023  | 01/2023  | $ | $230 | 230 | 4340 | 4340 | 1 | 1 | 0 | 0 |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | CHF | 2510 | 2510 | $2676 | 2676 | 0 | 0 | (51) | (51) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | GBP | 239 | 239 | 294 | 294 | 5 | 5 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 01/2023  | 01/2023  | 01/2023  | 01/2023  | $ | $794 | 794 | 4178 | 4178 | 1 | 1 | (4) | (4) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | AUD | 9346 | 9346 | $6257 | 6257 | 0 | 0 | (118) | (118) |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | BRL | 2634 | 2634 | 500 | 500 | 4 | 4 | 0 | 0 |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | CAD | 3010 | 3010 | 2271 | 2271 | 48 | 48 | 0 | 0 |
|  |  |  |  | 02/2023  | 02/2023  | 02/2023  | 02/2023  | CHF | 338 | 338 | 362 | 362 | 0 | 0 | (5) | (5) |

---

------

<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 02/2023  | 02/2023  | ILS | ILS | 24766 | 24766 |  | 7207 | 7207 |  | 151 |  | 0 |
|  |  | 02/2023  | 02/2023  | $ | $ | 797 | 797 | AUD | 1190 | 1190 |  | 15 |  | 0 |
|  |  | 02/2023  | 02/2023  |  |  | 498 | 498 | BRL | 2687 | 2687 |  | 8 |  | 0 |
|  |  | 03/2023  | 03/2023  | IDR | IDR | 2827292 | 2827292 | $ | $181 | 181 |  | 0 |  | (2) |
|  |  | 03/2023  | 03/2023  | MXN | MXN | 3873 | 3873 |  | 193 | 193 |  | 0 |  | (3) |
|  |  | 03/2023  | 03/2023  | $ | $ | 20 | 20 | IDR | 308037 | 308037 |  | 0 |  | 0 |
|  |  | 05/2023  | 05/2023  | MXN | MXN | 15 | 15 | $ | $1 | 1 |  | 0 |  | 0 |
|  |  | 07/2023  | 07/2023  | ILS | ILS | 6177 | 6177 |  | 1793 | 1793 |  | 13 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 01/2023  | 01/2023  | HUF | HUF | 71264 | 71264 |  | 182 | 182 |  | 0 |  | (9) |
|  |  | 01/2023  | 01/2023  | JPY | JPY | 1670000 | 1670000 |  | 11261 | 11261 |  | 0 |  | (1506) |
|  |  | 02/2023  | 02/2023  |  |  | 2337244 | 2337244 |  | 16960 | 16960 |  | 0 |  | (948) |
|  |  | 02/2023  | 02/2023  | $ | $ | 861 | 861 | GBP | 726 | 726 |  | 17 |  | 0 |
|  |  | 02/2023  | 02/2023  |  |  | 40 | 40 | TWD | 1226 | 1226 |  | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 01/2023  | 01/2023  | DKK | DKK | 20470 | 20470 | $ | $2862 | 2862 |  | 0 |  | (86) |
|  |  | 01/2023  | 01/2023  | $ | $ | 546 | 546 | KRW | 706054 | 706054 |  | 15 |  | 0 |
|  |  | 01/2023  | 01/2023  |  |  | 140 | 140 | TRY | 2838 | 2838 |  | 10 |  | 0 |
|  |  | 02/2023  | 02/2023  | AUD | AUD | 1070 | 1070 | $ | $726 | 726 |  | 2 |  | (5) |
|  |  | 02/2023  | 02/2023  | EUR | EUR | 4318 | 4318 |  | 4499 | 4499 |  | 0 |  | (137) |
|  |  | 02/2023  | 02/2023  | SEK | SEK | 5020 | 5020 |  | 486 | 486 |  | 3 |  | 0 |
|  |  | 02/2023  | 02/2023  | $ | $ | 1249 | 1249 | JPY | 172600 | 172600 |  | 74 |  | 0 |
|  |  | 02/2023  | 02/2023  |  |  | 74 | 74 | TWD | 2266 | 2266 |  | 0 |  | 0 |
|  |  | 02/2023  | 02/2023  | ZAR | ZAR | 3897 | 3897 | $ | $226 | 226 |  | 0 |  | (3) |
|  |  | 03/2023  | 03/2023  | $ | $ | 28 | 28 | IDR | 432067 | 432067 |  | 0 |  | 0 |
|  |  | 03/2023  | 03/2023  |  |  | 512 | 512 | TWD | 15373 | 15373 |  | 0 |  | (8) |
|  |  | 04/2023  | 04/2023  | ZAR | ZAR | 493 | 493 | $ | $28 | 28 |  | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RBC | &nbsp;&nbsp;&nbsp;&nbsp; RBC | 01/2023  | 01/2023  | JPY | JPY | 1620000 | 1620000 |  | 11140 | 11140 |  | 0 |  | (1233) |
|  |  | 02/2023  | 02/2023  | NOK | NOK | 3382 | 3382 |  | 339 | 339 |  | 0 |  | (7) |
|  |  | 03/2023  | 03/2023  | $ | $ | 379 | 379 | MXN | 7575 | 7575 |  | 5 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 01/2023  | 01/2023  |  |  | 134 | 134 | KRW | 176684 | 176684 |  | 7 |  | 0 |
|  |  | 02/2023  | 02/2023  | CHF | CHF | 181 | 181 | $ | $195 | 195 |  | 0 |  | (1) |
|  |  | 02/2023  | 02/2023  | EUR | EUR | 2175 | 2175 |  | 2300 | 2300 |  | 0 |  | (35) |
|  |  | 02/2023  | 02/2023  | JPY | JPY | 78900 | 78900 |  | 582 | 582 |  | 0 |  | (23) |
|  |  | 02/2023  | 02/2023  | $ | $ | 314 | 314 | CHF | 295 | 295 |  | 6 |  | 0 |
|  |  | 02/2023  | 02/2023  |  |  | 919 | 919 | EUR | 887 | 887 |  | 33 |  | 0 |
|  |  | 02/2023  | 02/2023  |  |  | 201 | 201 | ZAR | 3483 | 3483 |  | 3 |  | 0 |
|  |  | 04/2023  | 04/2023  |  |  | 27 | 27 |  | 493 | 493 |  | 2 |  | 0 |
|  |  | 09/2023  | 09/2023  |  |  | 1 | 1 |  | 13 | 13 |  | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 01/2023  | 01/2023  | HKD | HKD | 21660 | 21660 | $ | $2782 | 2782 |  | 6 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 01/2023  | 01/2023  | TRY | TRY | 5644 | 5644 |  | 285 | 285 |  | 0 |  | (15) |
|  |  | 01/2023  | 01/2023  | $ | $ | 765 | 765 | HKD | 5948 | 5948 |  | 0 |  | (3) |
|  |  | 01/2023  | 01/2023  |  |  | 226 | 226 | TRY | 4633 | 4633 |  | 19 |  | 0 |
|  |  | 11/2023  | 11/2023  | ILS | ILS | 897 | 897 | $ | $259 | 259 |  | 0 |  | (1) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**503** | **503** | $**(9124)** | **(9124)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** | **TOTAL RETURN SWAPS ON EQUITY INDICES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(1)</sup> | Pay/Receive<sup>(1)</sup> | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| &nbsp;&nbsp; BOA | Pay | Pay | S&P 500 Total Return Index  | 821 | &nbsp;&nbsp; 4.555% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.555% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 10/18/2023 | $6714 | 0 | $0 | 0 | $0 |
| &nbsp;&nbsp; BPS | Receive | Receive | RU20INTR Index  | 1788 | &nbsp;&nbsp; 4.110% (1-Month USD-LIBOR less a specified spread) | &nbsp;&nbsp; 4.110% (1-Month USD-LIBOR less a specified spread) | Monthly | Monthly | 01/18/2023 | 16534 | 0 | (63) | 0 | (63) |
|  | Receive | Receive | ERADXULT Index  | 44628 | &nbsp;&nbsp; 4.870% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.870% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 03/15/2023 | 90848 | 0 | (373) | 0 | (373) |
|  | Receive | Receive | RADMFENT Index  | 8122 | &nbsp;&nbsp; 4.890% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.890% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 07/19/2023 | 11002 | 0 | (46) | 0 | (46) |
|  | Receive | Receive | RADMFXNT Index  | 33805 | &nbsp;&nbsp; 4.400% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.400% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 07/19/2023 | 48994 | 0 | (185) | 0 | (185) |
|  | Receive | Receive | RADMFXNT Index  | 31228 | &nbsp;&nbsp; 4.410% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.410% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 09/13/2023 | 45255 | 0 | (168) | 0 | (168) |
|  | Pay | Pay | S&P 500 Total Return Index  | 22468 | &nbsp;&nbsp; 4.565% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.565% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 09/13/2023 | 183744 | 0 | 752 | 752 | 0 |
|  | Receive | Receive | RADMFENT Index  | 2892 | &nbsp;&nbsp; 4.770% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.770% (1-Month USD-LIBOR plus a specified spread) | Monthly | Monthly | 11/08/2023 | 3917 | 0 | (16) | 0 | (16) |

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<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; JPM | Receive | ERAUSST Index  | 6025 | &nbsp;&nbsp; 4.480% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 31595 | 0 | (133) | (133) | 0 | (133) |
|  | Receive | RADMFENT Index  | 34249 | &nbsp;&nbsp; 0.000% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 46392 | 0 | (187) | (187) | 0 | (187) |
|  | Receive | RU20INTR Index  | 2337 | &nbsp;&nbsp; 4.330% (1-Month USD-LIBOR plus a specified spread) | Monthly | 09/13/2023 | 21611 | 0 | (86) | (86) | 0 | (86) |
| &nbsp;&nbsp; MEI | Receive | ERAEMLT Index  | 16099 | &nbsp;&nbsp; 5.260% (1-Month USD-LIBOR plus a specified spread) | Monthly | 03/15/2023 | 56447 | 0 | (254) | (254) | 0 | (254) |
|  | Receive | NDDUEAFE Index  | 6219 | &nbsp;&nbsp; 4.300% (1-Month USD-LIBOR less a specified spread) | Monthly | 07/19/2023 | 40942 | 0 | (151) | (151) | 0 | (151) |
| &nbsp;&nbsp; MYI | Receive | RU20INTR Index  | 882 | &nbsp;&nbsp; 4.030% (1-Month USD-LIBOR less a specified spread) | Monthly | 01/18/2023 | 8156 | 0 | (30) | (30) | 0 | (30) |
|  | Receive | RU20INTR Index  | 148 | &nbsp;&nbsp; 4.230% (1-Month USD-LIBOR less a specified spread) | Monthly | 07/12/2023 | 1369 | 0 | 0 | 0 | 0 | 0 |
|  | Receive | NDDUEAFE Index  | 14220 | &nbsp;&nbsp; 4.300% (1-Month USD-LIBOR less a specified spread) | Monthly | 09/13/2023 | 93615 | 0 | (340) | (340) | 0 | (340) |
| &nbsp;&nbsp; UAG | Receive | ERAUSST Index  | 465 | &nbsp;&nbsp; 4.380% (1-Month USD-LIBOR plus a specified spread) | Monthly | 04/05/2023 | 2438 | 0 | 0 | 0 | 0 | 0 |
|  | Receive | ERAUSST Index  | 8679 | &nbsp;&nbsp; 4.430% (1-Month USD-LIBOR plus a specified spread) | Monthly | 07/19/2023 | 45513 | 0 | (189) | (189) | 0 | (189) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **0** | $**(1469)** | **(1469)** | $**752** | $**(2221)** |
| Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | $7101 | $0 | 0 | $ | 7101 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 486 | 0 | 0 |  | 486 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |  |
| Illinois | Illinois | Illinois | Illinois | Illinois | 0 | 0 | 16 | 0 | 0 |  | 16 |  |
| Washington | Washington | Washington | Washington | Washington | 0 | 0 | 384 | 0 | 0 |  | 384 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 895 | 0 | 0 |  | 895 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 12521 | 0 | 0 |  | 12521 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 71727 | 0 | 0 |  | 71727 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 113408 | 0 | 0 |  | 113408 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 3336 | 0 | 0 |  | 3336 |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 84 | 0 | 0 |  | 84 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | 0 | 0 | 11576 | 0 | 0 |  | 11576 |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 383300 | 0 | 0 |  | 383300 |  |
| Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | 0 | 0 | 2721 | 0 | 0 |  | 2721 |  |
| Israel Treasury Bills | Israel Treasury Bills | Israel Treasury Bills | Israel Treasury Bills | Israel Treasury Bills | 0 | 0 | 7286 | 0 | 0 |  | 7286 |  |
| Japan Treasury Bills | Japan Treasury Bills | Japan Treasury Bills | Japan Treasury Bills | Japan Treasury Bills | 0 | 0 | 50600 | 0 | 0 |  | 50600 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 14711 | 0 | 0 |  | 14711 |  |
|  |  |  |  |  | $0 | 0 | $680152 | $0 | 0 | $ | 680152 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $19301 | 19301 | $0 | $0 | 0 | $ | 19301 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $19301 | 19301 | $680152 | $0 | 0 | $ | 699453 |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 80 | 0 | 0 |  | 80 |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 1255 | 0 | 0 |  | 1255 |  |
|  |  |  |  |  | $0 | 0 | $1335 | $0 | 0 | $ | 1335 |  |

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------

<br> Schedule of Investments PIMCO All Authority: Multi-RAE PLUS Fund (Cont.) December 31, 2022 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | 0 | (105) | 0 | (105) |
| Over the counter | 0 | (11345) | 0 | (11345) |
|  | $0 | $(11450) | $0 | $(11450) |
| Total Financial Derivative Instruments | $0 | $(10115) | $0 | $(10115) |
| Totals | $19301 | $670037 | $0 | $689338 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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------

<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 95.6% ¤** |  |  |
| **ARGENTINA 0.5%**  |  |  |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 0.500% due 07/09/2030 þ  | $6790 | $1854 |
| 1.000% due 07/09/2029  | 413 | 110 |
| **Autonomous City of Buenos Aires** <br>72.479% (BADLARPP + 3.250%) due 03/29/2024 ~ | 3770 | 12 |
| **Provincia de Buenos Aires** <br>72.913% due 04/12/2025 | 61009 | 168 |
| Total Argentina (Cost $7,369) |  | 2144 |
| **BRAZIL 4.8%**  |  |  |
| **CORPORATE BONDS & NOTES 3.9%**  |  |  |
| **Banco Bradesco SA** <br>2.850% due 01/27/2023 | $1400 | 1398 |
| **Banco BTG Pactual SA** <br>4.500% due 01/10/2025 | 1400 | 1351 |
| **Braskem Netherlands Finance BV** <br>4.500% due 01/10/2028 | 5000 | 4495 |
| **Brazil Minas SPE via State of Minas Gerais** <br>5.333% due 02/15/2028 | 6840 | 6686 |
| **Centrais Eletricas Brasileiras SA** <br>3.625% due 02/04/2025 | 400 | 381 |
| **Itau Unibanco Holding SA** <br>2.900% due 01/24/2023 | 1200 | 1199 |
| **Odebrecht Oil & Gas Finance Ltd.** <br>0.000% due 01/30/2023 (c)(e) | 3151 | 7 |
|  |  | 15517 |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Banco Nacional de Desenvolvimento Economico e Social** <br>4.750% due 05/09/2024 | 200 | 199 |
| **Brazil Government International Bond**  |  |  |
| 2.875% due 06/06/2025  | 500 | 473 |
| 4.250% due 01/07/2025  | 2300 | 2263 |
| 6.000% due 04/07/2026  | 200 | 207 |
| **Brazil Letras do Tesouro Nacional** <br>0.000% due 04/01/2023 (c) | 2500 | 459 |
|  |  | 3601 |
| Total Brazil (Cost $20,384) |  | 19118 |
| **CAYMAN ISLANDS 2.3%**  |  |  |
| **CORPORATE BONDS & NOTES 2.3%**  |  |  |
| **Odebrecht Drilling Norbe Ltd. (6.350% Cash and 1.000% PIK)** <br>7.350% due 12/01/2026 ^(a) | $8099 | 4475 |
| **QNB Finance Ltd.**  |  |  |
| 1.125% due 06/17/2024  | 2300 | 2164 |
| 3.500% due 03/28/2024  | 2800 | 2743 |
| Total Cayman Islands (Cost $10,835) |  | 9382 |
| **CHILE 3.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Banco del Estado de Chile** <br>2.704% due 01/09/2025 | $800 | 757 |
| **Banco Santander Chile** <br>2.700% due 01/10/2025 | 700 | 665 |
| **Empresa de Transporte de Pasajeros Metro SA**  |  |  |
| 3.650% due 05/07/2030  | 500 | 455 |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.700% due 05/07/2050  | 1000 | 840 |
|  |  | 2717 |
| **SOVEREIGN ISSUES 2.9%**  |  |  |
| **Chile Government International Bond**  |  |  |
| 1.625% due 01/30/2025  | 7000 | 7176 |
| 3.100% due 01/22/2061  | $500 | 313 |
| 4.340% due 03/07/2042  | 5000 | 4243 |
|  |  | 11732 |
| Total Chile (Cost $16,153) |  | 14449 |
| **COLOMBIA 1.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Ecopetrol SA** <br>5.375% due 06/26/2026 | $560 | 529 |
| **SOVEREIGN ISSUES 1.4%**  |  |  |
| **Colombia Government International Bond**  |  |  |
| 2.625% due 03/15/2023  | 500 | 497 |
| 3.125% due 04/15/2031  | 200 | 149 |
| 8.125% due 05/21/2024  | 5000 | 5159 |
|  |  | 5805 |
| Total Colombia (Cost $6,443) |  | 6334 |
| **DOMINICAN REPUBLIC 1.2%**  |  |  |
| **SOVEREIGN ISSUES 1.2%**  |  |  |
| **Dominican Republic International Bond**  |  |  |
| 4.875% due 09/23/2032  | $2500 | 2085 |
| 5.500% due 01/27/2025  | 2000 | 1987 |
| 5.950% due 01/25/2027  | 200 | 196 |
| 6.875% due 01/29/2026  | 400 | 405 |
| Total Dominican Republic (Cost $5,382) |  | 4673 |
| **INDIA 0.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **Adani Electricity Mumbai Ltd.** <br>3.949% due 02/12/2030 | $2300 | 1762 |
| **Adani Renewable Energy RJ Ltd.** <br>4.625% due 10/15/2039 | 904 | 684 |
| **Adani Transmission Step-One Ltd.** <br>4.000% due 08/03/2026 | 1000 | 893 |
| Total India (Cost $4,259) |  | 3339 |
| **INDONESIA 5.3%**  |  |  |
| **CORPORATE BONDS & NOTES 2.7%**  |  |  |
| **Pelabuhan Indonesia Persero PT**  |  |  |
| 4.250% due 05/05/2025  | $2000 | 1933 |
| 4.500% due 05/02/2023  | 8000 | 7983 |
| **Perusahaan Penerbit SBSN Indonesia** <br>2.300% due 06/23/2025 | 1000 | 947 |
|  |  | 10863 |
| **SOVEREIGN ISSUES 2.6%**  |  |  |
| **Indonesia Government International Bond**  |  |  |
| 3.500% due 02/14/2050  | 2000 | 1505 |
| 4.750% due 07/18/2047  | 755 | 690 |
| 5.125% due 01/15/2045  | 1865 | 1814 |
| 5.250% due 01/17/2042  | 500 | 493 |
| 5.250% due 01/08/2047  | 1249 | 1221 |
| 5.950% due 01/08/2046  | 918 | 958 |
| 6.750% due 01/15/2044  | 2400 | 2698 |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.750% due 01/17/2038  | 1025 | 1235 |
|  |  | 10614 |
| Total Indonesia (Cost $24,153) |  | 21477 |
| **ISRAEL 2.1%**  |  |  |
| **SOVEREIGN ISSUES 2.1%**  |  |  |
| **Israel Government International Bond**  |  |  |
| 3.375% due 01/15/2050  | $5400 | 4172 |
| 3.875% due 07/03/2050  | 5000 | 4226 |
| Total Israel (Cost $11,762) |  | 8398 |
| **IVORY COAST 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Ivory Coast Government International Bond**  |  |  |
| 5.250% due 03/22/2030  | 2300 | 2087 |
| 5.875% due 10/17/2031  | 2000 | 1801 |
| Total Ivory Coast (Cost $4,707) |  | 3888 |
| **MALAYSIA 0.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **Petronas Capital Ltd.**  |  |  |
| 3.500% due 04/21/2030  | $2300 | 2104 |
| 4.550% due 04/21/2050  | 500 | 448 |
| 4.800% due 04/21/2060  | 200 | 184 |
| **Petronas Energy Canada Ltd.** <br>2.112% due 03/23/2028 | 500 | 438 |
| Total Malaysia (Cost $3,579) |  | 3174 |
| **MAURITIUS 1.2%**  |  |  |
| **CORPORATE BONDS & NOTES 1.2%**  |  |  |
| **Greenko Solar Mauritius Ltd.**  |  |  |
| 5.550% due 01/29/2025  | $3000 | 2831 |
| 5.950% due 07/29/2026  | 2000 | 1833 |
| Total Mauritius (Cost $5,080) |  | 4664 |
| **MEXICO 3.4%**  |  |  |
| **CORPORATE BONDS & NOTES 1.1%**  |  |  |
| **Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa** <br>4.125% due 06/06/2024 | $2000 | 1958 |
| **Coca-Cola Femsa SAB de CV** <br>1.850% due 09/01/2032 | 2000 | 1509 |
| **Petroleos Mexicanos**  |  |  |
| 6.700% due 02/16/2032  | 498 | 392 |
| 7.690% due 01/23/2050  | 500 | 347 |
|  |  | 4206 |
| **SOVEREIGN ISSUES 2.3%**  |  |  |
| **Mexico Government International Bond**  |  |  |
| 1.350% due 09/18/2027  | 300 | 290 |
| 4.750% due 04/27/2032  | $3000 | 2817 |
| 5.000% due 04/27/2051  | 7300 | 5950 |
|  |  | 9057 |
| Total Mexico (Cost $16,291) |  | 13263 |
| **OMAN 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Oman Government International Bond** <br>4.125% due 01/17/2023 | $900 | 899 |
| Total Oman (Cost $900) |  | 899 |
| **PARAGUAY 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Paraguay Government International Bond** <br>4.950% due 04/28/2031 | $1000 | 970 |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Paraguay (Cost $1,145) |  | 970 |
| **PERU 6.3%**  |  |  |
| **SOVEREIGN ISSUES 6.3%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 2.392% due 01/23/2026  | $1000 | 923 |
| 2.783% due 01/23/2031  | 1000 | 830 |
| 5.350% due 08/12/2040  | 8000 | 1577 |
| 5.400% due 08/12/2034  | 13300 | 2813 |
| 5.625% due 11/18/2050  | $2680 | 2660 |
| 5.940% due 02/12/2029  | 63800 | 15426 |
| 6.350% due 08/12/2028  | 3500 | 877 |
| Total Peru (Cost $33,271) |  | 25106 |
| **QATAR 5.1%**  |  |  |
| **SOVEREIGN ISSUES 5.1%**  |  |  |
| **Qatar Government International Bond**  |  |  |
| 3.375% due 03/14/2024  | $2400 | 2354 |
| 3.400% due 04/16/2025  | 3200 | 3112 |
| 3.750% due 04/16/2030  | 4800 | 4659 |
| 4.000% due 03/14/2029  | 3200 | 3151 |
| 4.400% due 04/16/2050  | 2000 | 1836 |
| 4.500% due 04/23/2028  | 2000 | 2016 |
| 4.817% due 03/14/2049  | 1200 | 1170 |
| 5.103% due 04/23/2048  | 2000 | 2015 |
| Total Qatar (Cost $21,383) |  | 20313 |
| **SAUDI ARABIA 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Saudi Government International Bond**  |  |  |
| 3.250% due 10/26/2026  | $400 | 383 |
| 4.000% due 04/17/2025  | 1000 | 988 |
| Total Saudi Arabia (Cost $1,489) |  | 1371 |
| **SERBIA 3.6%**  |  |  |
| **SOVEREIGN ISSUES 3.6%**  |  |  |
| **Serbia Government International Bond**  |  |  |
| 1.000% due 09/23/2028  | 3000 | 2316 |
| 1.500% due 06/26/2029  | 5400 | 4154 |
| 1.650% due 03/03/2033  | 150 | 98 |
| 2.050% due 09/23/2036  | 2500 | 1517 |
| 3.125% due 05/15/2027  | 6900 | 6373 |
| Total Serbia (Cost $21,357) |  | 14458 |
| **SOUTH AFRICA 12.6%**  |  |  |
| **SOVEREIGN ISSUES 12.6%**  |  |  |
| **South Africa Government International Bond**  |  |  |
| 4.875% due 04/14/2026  | $200 | 194 |
| 5.750% due 09/30/2049  | 400 | 296 |
| 10.500% due 12/21/2026  | 806000 | 50149 |
| Total South Africa (Cost $56,415) |  | 50639 |
| **UNITED ARAB EMIRATES 2.4%**  |  |  |
| **SOVEREIGN ISSUES 2.4%**  |  |  |
| **Emirate of Abu Dhabi Government International Bond**  |  |  |
| 1.700% due 03/02/2031  | $2100 | 1737 |
| 2.700% due 09/02/2070  | 4500 | 2816 |
| 3.125% due 04/16/2030  | 4900 | 4558 |
| 3.875% due 04/16/2050  | 793 | 675 |
| Total United Arab Emirates (Cost $12,664) |  | 9786 |
| **UNITED STATES 2.8%**  |  |  |
| **ASSET-BACKED SECURITIES 0.0%**  |  |  |
| **GSAA Home Equity Trust** <br>4.989% due 03/25/2037 •  | $187 | 78 |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Morgan** **Stanley Mortgage Loan Trust** <br>5.109% due 04/25/2037 •  | 211 | 63 |
|  |  | 141 |
| **CORPORATE BONDS & NOTES 2.7%**  |  |  |
| **DAE Funding LLC** <br>1.625% due 02/15/2024 | 3000 | 2849 |
| **Rio Oil Finance Trust**  |  |  |
| 8.200% due 04/06/2028  | 511 | 518 |
| 9.250% due 07/06/2024  | 3308 | 3358 |
| 9.750% due 01/06/2027  | 3927 | 4085 |
|  |  | 10810 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.1%**  |  |  |
| **Banc of America Mortgage Trust** <br>2.843% due 02/25/2036 ^~ | 4 | 4 |
| **Chase Mortgage Finance Trust** <br>3.393% due 03/25/2037 ^~ | 14 | 13 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 2.358% due 03/25/2034 ~  | 2 | 2 |
| 3.693% due 07/25/2046 ^~  | 9 | 8 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 2.964% due 10/20/2035 ~  | 2 | 2 |
| 3.632% due 09/25/2047 ^~  | 6 | 5 |
| **HarborView Mortgage Loan Trust** <br>3.321% due 08/19/2036 ^~ | 1 | 1 |
| **Luminent Mortgage Trust** <br>4.749% due 12/25/2036 ^~ | 7 | 6 |
| **MASTR Adjustable Rate Mortgages Trust** <br>4.869% due 05/25/2037 ~ | 90 | 40 |
| **Merrill Lynch Alternative Note Asset Trust**  |  |  |
| 3.173% due 06/25/2037 ^~  | 90 | 53 |
| 4.989% due 03/25/2037 •  | 224 | 65 |
| **Merrill Lynch Mortgage-Backed Securities Trust** <br>2.861% due 04/25/2037 ^~ | 20 | 17 |
| **Morgan Stanley Mortgage Loan Trust** <br>4.386% due 06/25/2036 ~ | 3 | 3 |
| **Sequoia Mortgage Trust** <br>2.976% due 01/20/2047 ^~ | 7 | 5 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.710% due 01/25/2037 ^~  | 18 | 16 |
| 2.766% due 04/25/2037 ^~  | 12 | 10 |
| 3.347% due 05/25/2037 ^~  | 23 | 18 |
| 3.372% due 12/25/2036 ^~  | 35 | 31 |
| 3.510% due 12/25/2036 ^~  | 11 | 9 |
| 3.738% due 09/25/2036 ^~  | 16 | 15 |
|  |  | 323 |
| Total United States (Cost $11,869) |  | 11274 |
| **SHORT-TERM INSTRUMENTS 33.6%**  |  |  |
| **REPURCHASE AGREEMENTS (f) 27.3%** |  | 109389 |
| **SHORT-TERM NOTES 3.1%**  |  |  |
| **Federal Home Loan Bank**  |  |  |
| 4.320% due 01/06/2023 •  | $4200 | 4200 |
| 4.340% due 02/10/2023 •  | 4100 | 4100 |
| 4.345% due 02/23/2023 •  | 4000 | 4000 |
|  |  | 12300 |
| **ISRAEL TREASURY BILLS 1.1%**  |  |  |
| 0.889% due 05/03/2023 (c)(d) | 14970 | 4209 |
| **U.S. TREASURY BILLS 2.1%**  |  |  |
| 4.208% due 02/16/2023 - 03/23/2023 (b)(c)(i) | $8585 | 8542 |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $134,436) |  | 134440 |
| Total Investments in Securities (Cost $431,326) |  | 383559 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 3.2%**  |  |  |
| **SHORT-TERM INSTRUMENTS 3.2%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 3.2%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 1310719 | 12735 |
| Total Short-Term Instruments (Cost $12,837) |  | 12735 |
| Total Investments in Affiliates (Cost $12,837) |  | 12735 |
| Total Investments 98.8% (Cost $444,163) |  | $396294 |
| **Financial Derivative Instruments (g)(h) (0.5)**%(Cost or Premiums, net $(3899)) |  | (1920) |
| Other Assets and Liabilities, net 1.7% |  | 6829 |
| Net Assets 100.0% |  | $401203 |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(b)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** |
| **(e)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(f)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BSN | BSN | 4.250%  | 01/03/2023 | $86200 | &nbsp;&nbsp; U.S. Treasury Notes 2.375% due 03/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.375% due 03/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.375% due 03/31/2029 | (87887) | $86200 | 86200 | 86241 |
| FICC | FICC | 1.900  | 01/03/2023 | 1032 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | (1053) | 1032 | 1032 | 1032 |
| TOR | TOR | 4.080  | 01/04/2023 | 30000 | &nbsp;&nbsp; Province of Ontario 3.450% due 06/02/2045 | &nbsp;&nbsp; Province of Ontario 3.450% due 06/02/2045 | &nbsp;&nbsp; Province of Ontario 3.450% due 06/02/2045 | (10977) | 22157 | 22157 | 22189 |
|  |  |  |  |  | &nbsp;&nbsp; Province of Ontario Canada 2.150% due 06/02/2031 | &nbsp;&nbsp; Province of Ontario Canada 2.150% due 06/02/2031 | &nbsp;&nbsp; Province of Ontario Canada 2.150% due 06/02/2031 | (11094) |  |  |  |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | **(111011)** | $**109389** | **109389** | **109462** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 10.665% | 01/02/2024 | 81600 | 0 | (550) | (550) | 0 | 0 | $0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 10.755 | 01/02/2024 | 312600 | 0 | (2018) | (2018) | 0 | 0 | (1) |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 10.833 | 01/02/2024 | 62700 | 0 | (390) | (390) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 10.995 | 01/02/2024 | 178800 | 0 | (1012) | (1012) | 0 | 0 | (1) |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 11.065 | 01/02/2024 | 120000 | 0 | (642) | (642) | 0 | 0 | (1) |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 11.113 | 01/02/2024 | 3900 | 0 | (20) | (20) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 10.838 | 01/02/2025 | 30900 | 0 | (222) | (222) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 11.023 | 01/02/2025 | 82800 | 0 | (529) | (529) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 11.092 | 01/02/2025 | 93300 | 0 | (569) | (569) | 1 | 1 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 11.212 | 01/02/2025 | 90800 | 0 | (509) | (509) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 12.235 | 01/02/2025 | 290000 | 0 | (588) | (588) | 1 | 1 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 12.400 | 01/02/2025 | 40000 | 0 | (58) | (58) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 12.628 | 01/02/2025 | 85000 | 0 | (51) | (51) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 10.120 | 01/04/2027 | 32100 | 0 | (437) | (437) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 10.206 | 01/04/2027 | 132400 | 0 | (1732) | (1732) | 1 | 1 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 12.165 | 01/04/2027 | 30000 | 0 | (69) | (69) | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 12.316 | 01/04/2027 | 101000 | 0 | (153) | (153) | 1 | 1 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **$** | **$** | **4** | **$** | **(3)** |
| **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $10,011 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | 01/2023  | 01/2023  | PEN | 5863 | 5863 | $ | 1524 | 1524 | 1524 | $0 | 0 | 0 | $(17) | (17) |
|  | 01/2023  | 01/2023  | ZAR | 62248 | 62248 |  | 3503 | 3503 | 3503 | 0 | 0 | 0 | (159) | (159) |
|  | 02/2023  | 02/2023  | PEN | 11187 | 11187 |  | 2849 | 2849 | 2849 | 0 | 0 | 0 | (87) | (87) |
|  | 02/2023  | 02/2023  | $ | $1524 | 1524 | PEN | 5880 | 5880 | 5880 | 17 | 17 | 17 | 0 | 0 |
|  | 02/2023  | 02/2023  | ZAR | 97889 | 97889 | $ | 5461 | 5461 | 5461 | 0 | 0 | 0 | (278) | (278) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 01/2023  | 01/2023  | PEN | 2319 | 2319 |  | 600 | 600 | 600 | 0 | 0 | 0 | (11) | (11) |
|  | 01/2023  | 01/2023  | $ | $2434 | 2434 | ZAR | 42315 | 42315 | 42315 | 55 | 55 | 55 | 0 | 0 |
|  | 03/2023  | 03/2023  | INR | 19531 | 19531 | $ | 235 | 235 | 235 | 0 | 0 | 0 | 0 | 0 |
|  | 03/2023  | 03/2023  | $ | $600 | 600 | PEN | 2331 | 2331 | 2331 | 10 | 10 | 10 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 01/2023  | 01/2023  | CNH | 530 | 530 | $ | 76 | 76 | 76 | 0 | 0 | 0 | (1) | (1) |
|  | 01/2023  | 01/2023  | $ | $333 | 333 | PEN | 1282 | 1282 | 1282 | 4 | 4 | 4 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 01/2023  | 01/2023  | CLP | 36673514 | 36673514 | $ | 38596 | 38596 | 38596 | 0 | 0 | 0 | (4603) | (4603) |
|  | 01/2023  | 01/2023  | PEN | 11244 | 11244 |  | 2799 | 2799 | 2799 | 0 | 0 | 0 | (156) | (156) |
|  | 01/2023  | 01/2023  | $ | $2541 | 2541 | PEN | 10030 | 10030 | 10030 | 95 | 95 | 95 | 0 | 0 |
|  | 01/2023  | 01/2023  | ZAR | 208860 | 208860 | $ | 11921 | 11921 | 11921 | 0 | 0 | 0 | (349) | (349) |
|  | 02/2023  | 02/2023  | $ | $44591 | 44591 | BRL | 240655 | 240655 | 240655 | 741 | 741 | 741 | 0 | 0 |
|  | 03/2023  | 03/2023  | PEN | 82428 | 82428 | $ | 21082 | 21082 | 21082 | 0 | 0 | 0 | (486) | (486) |
|  | 03/2023  | 03/2023  | $ | $2665 | 2665 | PEN | 10715 | 10715 | 10715 | 141 | 141 | 141 | 0 | 0 |
|  | 04/2023  | 04/2023  | PEN | 47783 | 47783 | $ | 11902 | 11902 | 11902 | 0 | 0 | 0 | (571) | (571) |
|  | 04/2023  | 04/2023  | $ | $1101 | 1101 | CLP | 959066 | 959066 | 959066 | 12 | 12 | 12 | 0 | 0 |
|  | 04/2023  | 04/2023  |  | 10822 | 10822 | PEN | 43287 | 43287 | 43287 | 480 | 480 | 480 | 0 | 0 |
|  | 05/2023  | 05/2023  | ILS | 14843 | 14843 | $ | 4384 | 4384 | 4384 | 131 | 131 | 131 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CLY | 03/2023  | 03/2023  | $ | $536 | 536 | PEN | 2063 | 2063 | 2063 | 4 | 4 | 4 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 02/2023  | 02/2023  | ZAR | 100531 | 100531 | $ | 6020 | 6020 | 6020 | 123 | 123 | 123 | 0 | 0 |
|  | 03/2023  | 03/2023  | MXN | 38943 | 38943 |  | 1952 | 1952 | 1952 | 0 | 0 | 0 | (19) | (19) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 01/2023  | 01/2023  | CAD | 30047 | 30047 |  | 22074 | 22074 | 22074 | 0 | 0 | 0 | (118) | (118) |
|  | 01/2023  | 01/2023  | CNH | 550 | 550 |  | 79 | 79 | 79 | 0 | 0 | 0 | (1) | (1) |
|  | 01/2023  | 01/2023  | ZAR | 100001 | 100001 |  | 5594 | 5594 | 5594 | 0 | 0 | 0 | (283) | (283) |
|  | 03/2023  | 03/2023  | MXN | 123286 | 123286 |  | 5997 | 5997 | 5997 | 0 | 0 | 0 | (242) | (242) |
|  | 05/2023  | 05/2023  | PEN | 52650 | 52650 |  | 13010 | 13010 | 13010 | 0 | 0 | 0 | (715) | (715) |
|  | 05/2023  | 05/2023  | $ | $543 | 543 | PEN | 2162 | 2162 | 2162 | 20 | 20 | 20 | 0 | 0 |
|  | 05/2023  | 05/2023  | ZAR | 176687 | 176687 | $ | 10573 | 10573 | 10573 | 285 | 285 | 285 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 03/2023  | 03/2023  | MXN | 38943 | 38943 |  | 1951 | 1951 | 1951 | 0 | 0 | 0 | (20) | (20) |
|  | 04/2023  | 04/2023  | BRL | 2500 | 2500 |  | 455 | 455 | 455 | 0 | 0 | 0 | (10) | (10) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | 01/2023  | CLP | 35727658 | 35727658 |  | 37053 | 37053 | 37053 | 0 | 0 | 0 | (4985) | (4985) |
|  | 01/2023  | 01/2023  | EUR | 24940 | 24940 |  | 26139 | 26139 | 26139 | 0 | 0 | 0 | (570) | (570) |
|  | 01/2023  | 01/2023  | PEN | 4612 | 4612 |  | 1205 | 1205 | 1205 | 0 | 0 | 0 | (7) | (7) |
|  | 01/2023  | 01/2023  | $ | $37136 | 37136 | CLP | 35727658 | 35727658 | 35727658 | 4951 | 4951 | 4951 | 0 | 0 |
|  | 02/2023  | 02/2023  |  | 1204 | 1204 | PEN | 4612 | 4612 | 4612 | 7 | 7 | 7 | 0 | 0 |
|  | 05/2023  | 05/2023  | CNH | 156658 | 156658 | $ | 23343 | 23343 | 23343 | 489 | 489 | 489 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 01/2023  | 01/2023  | PEN | 5912 | 5912 |  | 1545 | 1545 | 1545 | 0 | 0 | 0 | (9) | (9) |
|  | 02/2023  | 02/2023  | $ | $1543 | 1543 | PEN | 5912 | 5912 | 5912 | 9 | 9 | 9 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RBC | 01/2023  | 01/2023  |  | 119 | 119 | ZAR | 2059 | 2059 | 2059 | 2 | 2 | 2 | 0 | 0 |
|  | 03/2023  | 03/2023  | MXN | 925 | 925 | $ | 46 | 46 | 46 | 0 | 0 | 0 | (1) | (1) |
|  | 04/2023  | 04/2023  | $ | $10534 | 10534 | MXN | 218364 | 218364 | 218364 | 454 | 454 | 454 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 01/2023  | 01/2023  |  | 36843 | 36843 | CLP | 36664488 | 36664488 | 36664488 | 6297 | 6297 | 6297 | 0 | 0 |
|  | 01/2023  | 01/2023  |  | 107 | 107 | KRW | 141225 | 141225 | 141225 | 5 | 5 | 5 | 0 | 0 |
|  | 01/2023  | 01/2023  |  | 5061 | 5061 | PEN | 19448 | 19448 | 19448 | 53 | 53 | 53 | 0 | 0 |
|  | 03/2023  | 03/2023  |  | 260 | 260 |  | 1002 | 1002 | 1002 | 2 | 2 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 01/2023  | 01/2023  | ZAR | 29554 | 29554 | $ | 1666 | 1666 | 1666 | 0 | 0 | 0 | (73) | (73) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | 03/2023  | 03/2023  |  | 117400 | 117400 |  | 6568 | 6568 | 6568 | 0 | 0 | 0 | (293) | (293) |
|  | 05/2023  | 05/2023  | $ | $21822 | 21822 | CNH | 151224 | 151224 | 151224 | 241 | 241 | 241 | 0 | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **14628** | **14628** | **$** | **(14064)** | **(14064)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> |  | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Liability |
| Chile Government International Bond  | Chile Government International Bond  | 1.000% | 1.000% | Quarterly | 0.684% | 0.684% | 0.684% | $6000 | $ | 142 | $(87) | $ | 55 | $0 |
| South Africa Government International Bond  | South Africa Government International Bond  | 1.000 | 1.000 | Quarterly | 2.103 | 2.103 | 2.103 | 400 |  | (18) | 3 |  | 0 | (15) |
| Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | 1.000 | Quarterly | 2.538 | 2.538 | 2.538 | 3800 |  | (182) | (44) |  | 0 | (226) |
| Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | 1.000 | Quarterly | 2.715 | 2.715 | 2.715 | 700 |  | (62) | 11 |  | 0 | (51) |
| Chile Government International Bond  | Chile Government International Bond  | 1.000 | 1.000 | Quarterly | 0.496 | 0.496 | 0.496 | 5000 |  | 16 | 22 |  | 38 | 0 |
| Chile Government International Bond  | Chile Government International Bond  | 1.000 | 1.000 | Quarterly | 0.684 | 0.684 | 0.684 | 5700 |  | 136 | (83) |  | 53 | 0 |
| Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | 1.000 | Quarterly | 2.315 | 2.315 | 2.315 | 2110 |  | (100) | 3 |  | 0 | (97) |
| Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | 1.000 | Quarterly | 2.315 | 2.315 | 2.315 | 2300 |  | (116) | 10 |  | 0 | (106) |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 2.538 |  | 2100 | (76) | (49) | 0 | (125) |
| GST | GST | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 2.538 |  | 7500 | (294) | (152) | 0 | (446) |
|  |  | Colombia Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 2.715 |  | 3500 | (312) | 58 | 0 | (254) |
| JPM | JPM | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 2.538 |  | 5300 | (414) | 99 | 0 | (315) |
|  |  | South Africa Government International Bond  | 1.000 | Quarterly | 12/20/2023 | 0.850 |  | 24400 | (1356) | 1400 | 44 | 0 |
| MYC | MYC | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 2.538 |  | 3900 | (140) | (92) | 0 | (232) |
|  |  | Colombia Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 2.715 |  | 4500 | (401) | 75 | 0 | (326) |
|  |  | South Africa Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 2.103 |  | 12700 | (561) | 70 | 0 | (491) |
| NGF | NGF | South Africa Government International Bond  | 1.000 | Quarterly | 12/20/2023 | 0.850 |  | 5000 | (161) | 170 | 9 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(3899)** | $**1414** | $**199** | $**(2684)** |
| **(i)** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $8,542 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Argentina | Argentina | Argentina | Argentina | Argentina | Argentina | Argentina | Argentina | Argentina | Argentina | Argentina | Argentina |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | $0 | 0 | $2144 | 2144 | $0 | 0 | 2144 |  |
| Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 15517 | 15517 | 0 | 0 | 15517 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 3601 | 3601 | 0 | 0 | 3601 |  |
| Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 9382 | 9382 | 0 | 0 | 9382 |  |
| Chile | Chile | Chile | Chile | Chile | Chile | Chile | Chile | Chile | Chile | Chile | Chile |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 2717 | 2717 | 0 | 0 | 2717 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 11732 | 11732 | 0 | 0 | 11732 |  |
| Colombia | Colombia | Colombia | Colombia | Colombia | Colombia | Colombia | Colombia | Colombia | Colombia | Colombia | Colombia |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 529 | 529 | 0 | 0 | 529 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 5805 | 5805 | 0 | 0 | 5805 |  |
| Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 4673 | 4673 | 0 | 0 | 4673 |  |
| India | India | India | India | India | India | India | India | India | India | India | India |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 3339 | 3339 | 0 | 0 | 3339 |  |
| Indonesia | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 10863 | 10863 | 0 | 0 | 10863 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 10614 | 10614 | 0 | 0 | 10614 |  |
| Israel | Israel | Israel | Israel | Israel | Israel | Israel | Israel | Israel | Israel | Israel | Israel |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 8398 | 8398 | 0 | 0 | 8398 |  |
| Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 3888 | 3888 | 0 | 0 | 3888 |  |
| Malaysia | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 3174 | 3174 | 0 | 0 | 3174 |  |
| Mauritius | Mauritius | Mauritius | Mauritius | Mauritius | Mauritius | Mauritius | Mauritius | Mauritius | Mauritius | Mauritius | Mauritius |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 4664 | 4664 | 0 | 0 | 4664 |  |
| Mexico | Mexico | Mexico | Mexico | Mexico | Mexico | Mexico | Mexico | Mexico | Mexico | Mexico | Mexico |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 4206 | 4206 | 0 | 0 | 4206 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 9057 | 9057 | 0 | 0 | 9057 |  |
| Oman | Oman | Oman | Oman | Oman | Oman | Oman | Oman | Oman | Oman | Oman | Oman |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 899 | 899 | 0 | 0 | 899 |  |
| Paraguay | Paraguay | Paraguay | Paraguay | Paraguay | Paraguay | Paraguay | Paraguay | Paraguay | Paraguay | Paraguay | Paraguay |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 970 | 970 | 0 | 0 | 970 |  |
| Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 25106 | 25106 | 0 | 0 | 25106 |  |
| Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 20313 | 20313 | 0 | 0 | 20313 |  |

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<br> Schedule of Investments PIMCO EM Bond and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| Sovereign Issues | 0 | 1371 | 0 | 1371 |
| Serbia | Serbia | Serbia | Serbia | Serbia |
| Sovereign Issues | 0 | 14458 | 0 | 14458 |
| South Africa | South Africa | South Africa | South Africa | South Africa |
| Sovereign Issues | 0 | 50639 | 0 | 50639 |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |
| Sovereign Issues | 0 | 9786 | 0 | 9786 |
| United States | United States | United States | United States | United States |
| Asset-Backed Securities | 0 | 141 | 0 | 141 |
| Corporate Bonds & Notes | 0 | 10810 | 0 | 10810 |
| Non-Agency Mortgage-Backed Securities | 0 | 323 | 0 | 323 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Repurchase Agreements | 0 | 109389 | 0 | 109389 |
| Short-Term Notes | 0 | 12300 | 0 | 12300 |
| Israel Treasury Bills | 0 | 4209 | 0 | 4209 |
| U.S. Treasury Bills | 0 | 8542 | 0 | 8542 |
|  | $0 | $383559 | $0 | $383559 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $12735 | $0 | $0 | $12735 |
| Total Investments | $12735 | $383559 | $0 | $396294 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 0 | 4 | 0 | 4 |
| Over the counter | 0 | 14827 | 0 | 14827 |
|  | $0 | $14831 | $0 | $14831 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | 0 | (3) | 0 | (3) |
| Over the counter | 0 | (16748) | 0 | (16748) |
|  | $0 | $(16751) | $0 | $(16751) |
| Total Financial Derivative Instruments | $0 | $(1920) | $0 | $(1920) |
| Totals | $12735 | $381639 | $0 | $394374 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 90.3% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 9.7%**  |  |  |
| **Adient U.S. LLC**<br>7.634% (LIBOR01M + 3.250%) due 04/10/2028 ~ | $588 | $583 |
| **AmSurg LLC**<br>TBD% due 04/29/2027 µ | 262 | 256 |
| **Cerba Healthcare SAS**<br>5.898% (EUR001M + 4.000%) due 02/15/2029 ~ | 2200 | 2231 |
| **CQP Holdco LP**<br>8.480% (LIBOR03M + 3.750%) due 06/05/2028 ~ | $6782 | 6761 |
| **Envision Healthcare Corp.**  |  |  |
| 12.119% due 04/29/2027 | 1438 | 1408 |
| 15.744% due 04/28/2028 | 2725 | 2230 |
| **Intelsat Jackson Holdings SA**<br>7.445% due 02/01/2029 | 494 | 478 |
| **Medline Borrower LP**<br>7.634% (LIBOR01M + 3.250%) due 10/23/2028 ~ | 595 | 566 |
| **MPH Acquisition Holdings LLC**<br>8.985% (LIBOR03M + 4.250%) due 09/01/2028 ~ | 1530 | 1313 |
| **Redstone Holdco 2 LP**<br>9.108% (LIBOR03M + 4.750%) due 04/27/2028 ~ | 1781 | 1241 |
| **RegionalCare Hospital Partners Holdings, Inc.**<br>8.165% (LIBOR03M + 3.750%) due 11/16/2025 ~ | 1182 | 1117 |
| **Viad Corp.**<br>9.384% (LIBOR01M + 5.000%) due 07/30/2028 ~ | 1786 | 1694 |
| Total Loan Participations and Assignments (Cost $23,752) |  | 19878 |
| **CORPORATE BONDS & NOTES 71.6%**  |  |  |
| **BANKING & FINANCE 18.9%**  |  |  |
| **Armor Holdco, Inc.** <br>8.500% due 11/15/2029 | 1000 | 752 |
| **Banca Monte dei Paschi di Siena SpA**  |  |  |
| 3.625% due 09/24/2024  | 200 | 204 |
| 8.500% due 09/10/2030 •  | 13400 | 12653 |
| **Brookfield Property REIT, Inc.** <br>4.500% due 04/01/2027 | $2500 | 2093 |
| **Country Garden Holdings Co. Ltd.**  |  |  |
| 3.125% due 10/22/2025  | 600 | 368 |
| 3.875% due 10/22/2030  | 400 | 213 |
| **Credit Suisse Group AG** <br>6.537% due 08/12/2033 •  | 500 | 440 |
| **Curo Group Holdings Corp.** <br>7.500% due 08/01/2028 | 1500 | 702 |
| **Cushman & Wakefield U.S. Borrower LLC** <br>6.750% due 05/15/2028 | 925 | 884 |
| **Doric Nimrod Air Alpha Pass-Through Trust** <br>5.250% due 05/30/2025 | 13 | 13 |
| **Enact Holdings, Inc.** <br>6.500% due 08/15/2025 | 550 | 541 |
| **Fortress Transportation & Infrastructure Investors LLC**  |  |  |
| 5.500% due 05/01/2028  | 1150 | 983 |
| 6.500% due 10/01/2025  | 344 | 324 |
| **Freedom Mortgage Corp.**  |  |  |
| 6.625% due 01/15/2027  | 4500 | 3508 |
| 8.250% due 04/15/2025  | 1644 | 1481 |
| **Huarong Finance Co. Ltd.** <br>4.950% due 11/07/2047 | 400 | 275 |
| **Jane Street Group** <br>4.500% due 11/15/2029 | 1850 | 1594 |
| **KWG Group Holdings Ltd.** <br>5.875% due 11/10/2024 | 1000 | 436 |
| **Nationstar Mortgage Holdings, Inc.**  |  |  |
| 5.125% due 12/15/2030  | 400 | 309 |
| 5.500% due 08/15/2028  | 1975 | 1614 |
| **Navient Corp.** <br>5.625% due 08/01/2033 | 2300 | 1643 |
| **Park Intermediate Holdings LLC** <br>7.500% due 06/01/2025 | 2125 | 2127 |
| **PennyMac Financial Services, Inc.** <br>5.750% due 09/15/2031 | 500 | 397 |
| **Powerlong Real Estate Holdings Ltd.** <br>5.950% due 04/30/2025 | 1000 | 296 |

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<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **Provident** **Funding Associates LP** <br>6.375% due 06/15/2025 | 2653 | 2321 |
| **Starwood Property Trust, Inc.**  |  |  |
| 3.625% due 07/15/2026  | 400 | 350 |
| 4.375% due 01/15/2027  | 800 | 701 |
| **Sunac China Holdings Ltd.**  |  |  |
| 5.950% due 04/26/2024 ^(b)  | 1500 | 328 |
| 7.000% due 07/09/2025 ^(b)  | 4700 | 1027 |
| **Voyager Aviation Holdings LLC** <br>8.500% due 05/09/2026 | 293 | 233 |
|  |  | 38810 |
| **INDUSTRIALS 49.8%**  |  |  |
| **ADT Security Corp.** <br>4.125% due 08/01/2029 | 500 | 426 |
| **Allison Transmission, Inc.** <br>3.750% due 01/30/2031 | 900 | 741 |
| **Altice France SA** <br>5.500% due 10/15/2029 | 2700 | 2064 |
| **American Airlines Pass-Through Trust** <br>3.375% due 11/01/2028 | 63 | 52 |
| **American Airlines, Inc.** <br>5.500% due 04/20/2026 | 500 | 482 |
| **Bausch Health Cos., Inc.**  |  |  |
| 11.000% due 09/30/2028  | 544 | 427 |
| 14.000% due 10/15/2030  | 108 | 65 |
| **BC Ltd.** <br>9.000% due 01/30/2028 | 306 | 299 |
| **BCPE Empire Holdings, Inc.** <br>7.625% due 05/01/2027 | 1200 | 1078 |
| **Bombardier, Inc.** <br>7.125% due 06/15/2026 | 300 | 292 |
| **Carnival Holdings Bermuda Ltd.** <br>10.375% due 05/01/2028 | 1700 | 1748 |
| **CCO Holdings LLC**  |  |  |
| 4.250% due 01/15/2034  | 850 | 629 |
| 4.500% due 06/01/2033  | 1300 | 1000 |
| 4.750% due 02/01/2032  | 500 | 406 |
| **Cheplapharm Arzneimittel GmbH** <br>3.500% due 02/11/2027 | 2300 | 2164 |
| **Chobani LLC** <br>7.500% due 04/15/2025 | $800 | 780 |
| **Cloud Software Group Holdings, Inc.** <br>6.500% due 03/31/2029 | 1300 | 1097 |
| **CNX Resources Corp.** <br>7.250% due 03/14/2027 | 111 | 110 |
| **CommScope Technologies LLC** <br>5.000% due 03/15/2027 | 1200 | 817 |
| **CommScope, Inc.** <br>8.250% due 03/01/2027 | 200 | 155 |
| **Community Health Systems, Inc.**  |  |  |
| 5.250% due 05/15/2030  | 1200 | 907 |
| 5.625% due 03/15/2027  | 1200 | 1031 |
| 6.000% due 01/15/2029  | 800 | 670 |
| 6.125% due 04/01/2030  | 3700 | 1839 |
| **Constellation Oil Services Holding SA** <br>13.500% due 06/30/2025 « | 1022 | 1017 |
| **Constellation Oil Services Holding SA (3.000% Cash or 4.000% PIK)** <br>3.000% due 12/31/2026 (a) | 2563 | 1517 |
| **Coty, Inc.** <br>4.750% due 01/15/2029 | 1025 | 929 |
| **CT Trust** <br>5.125% due 02/03/2032 | 1200 | 1055 |
| **DaVita, Inc.** <br>4.625% due 06/01/2030 | 2950 | 2379 |
| **Dell, Inc.** <br>6.500% due 04/15/2038 | 13040 | 12672 |
| **Deluxe Corp.** <br>8.000% due 06/01/2029 | 850 | 700 |
| **Diamond Sports Group LLC** <br>5.375% due 08/15/2026 | 500 | 59 |
| **Dufry One BV** <br>2.000% due 02/15/2027 | 1500 | 1319 |
| **Endo Dac** <br>5.875% due 10/15/2024 ^(b) | $2200 | 1749 |
| **Endo Luxembourg Finance Co. SARL** <br>6.125% due 04/01/2029 ^(b) | 1600 | 1217 |
| **Ford Motor Co.** <br>4.750% due 01/15/2043 | 800 | 576 |
| **Frontier Communications Holdings LLC**  |  |  |
| 5.000% due 05/01/2028  | 400 | 350 |
| 6.000% due 01/15/2030  | 1000 | 787 |
| 8.750% due 05/15/2030  | 1200 | 1222 |
| **Full House Resorts, Inc.** <br>8.250% due 02/15/2028 | 1800 | 1596 |

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<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **Garda** **World Security Corp.** <br>6.000% due 06/01/2029 | 3200 | 2604 |
| **GFL Environmental, Inc.** <br>3.500% due 09/01/2028 | 1050 | 924 |
| **Gruenenthal GmbH** <br>4.125% due 05/15/2028 | 1800 | 1739 |
| **Helios Software Holdings, Inc.** <br>4.625% due 05/01/2028 | $2200 | 1681 |
| **Hilton Domestic Operating Co., Inc.**  |  |  |
| 3.625% due 02/15/2032  | 800 | 642 |
| 4.000% due 05/01/2031  | 1500 | 1258 |
| **Hudbay Minerals, Inc.** <br>6.125% due 04/01/2029 | 1550 | 1406 |
| **iHeartCommunications, Inc.**  |  |  |
| 6.375% due 05/01/2026  | 305 | 281 |
| 8.375% due 05/01/2027  | 1733 | 1478 |
| **IHO Verwaltungs GmbH (4.750% Cash or 5.500% PIK)** <br>4.750% due 09/15/2026 (a) | 300 | 260 |
| **Intelsat Jackson Holdings SA** <br>6.500% due 03/15/2030 | 1898 | 1702 |
| **Jaguar Land Rover Automotive PLC** <br>5.875% due 01/15/2028 | 1150 | 876 |
| **Kronos Acquisition Holdings, Inc.** <br>7.000% due 12/31/2027 | 200 | 165 |
| **Level 3 Financing, Inc.**  |  |  |
| 3.625% due 01/15/2029  | 2500 | 1835 |
| 4.250% due 07/01/2028  | 925 | 731 |
| **Medline Borrower LP** <br>3.875% due 04/01/2029 | 500 | 404 |
| **Melco Resorts Finance Ltd.**  |  |  |
| 4.875% due 06/06/2025  | 600 | 552 |
| 5.375% due 12/04/2029  | 1700 | 1367 |
| 5.750% due 07/21/2028  | 600 | 503 |
| **MPH Acquisition Holdings LLC** <br>5.500% due 09/01/2028 | 900 | 704 |
| **Newell Brands, Inc.** <br>6.375% due 09/15/2027 | 1600 | 1590 |
| **Occidental Petroleum Corp.** <br>8.875% due 07/15/2030 | 2300 | 2601 |
| **Oracle Corp.** <br>6.250% due 11/09/2032 (g) | 2600 | 2729 |
| **Pactiv Evergreen Group Issuer, Inc.** <br>4.000% due 10/15/2027 | 1550 | 1377 |
| **Par Pharmaceutical, Inc.** <br>7.500% due 04/01/2027 ^(b) | 2607 | 1987 |
| **PDC Energy, Inc.** <br>5.750% due 05/15/2026 | 850 | 813 |
| **Pediatrix Medical Group, Inc.** <br>5.375% due 02/15/2030 | 1550 | 1349 |
| **Petroleos de Venezuela SA**  |  |  |
| 5.375% due 04/12/2027 ^(b)  | 1250 | 61 |
| 5.500% due 04/12/2037 ^(b)  | 1250 | 61 |
| **PetSmart, Inc.** <br>7.750% due 02/15/2029 | 1000 | 941 |
| **Prime Security Services Borrower LLC** <br>3.375% due 08/31/2027 | 950 | 821 |
| **Rackspace Technology Global, Inc.** <br>5.375% due 12/01/2028 | 500 | 219 |
| **Radiate Holdco LLC** <br>4.500% due 09/15/2026 | 1275 | 939 |
| **Renault SA** <br>2.000% due 09/28/2026 | 800 | 755 |
| **Sabre Global, Inc.**  |  |  |
| 9.250% due 04/15/2025  | $3050 | 3043 |
| 11.250% due 12/15/2027  | 220 | 227 |
| **Spirit AeroSystems, Inc.** <br>9.375% due 11/30/2029 | 100 | 105 |
| **Stagwell Global LLC** <br>5.625% due 08/15/2029 | 400 | 331 |
| **Standard Industries, Inc.**  |  |  |
| 3.375% due 01/15/2031  | 1200 | 905 |
| 4.375% due 07/15/2030  | 1600 | 1307 |
| **Studio City Finance Ltd.** <br>5.000% due 01/15/2029 | 800 | 592 |
| **Tempo Acquisition LLC** <br>5.750% due 06/01/2025 | 700 | 702 |
| **Tenet Healthcare Corp.**  |  |  |
| 6.125% due 10/01/2028  | 1700 | 1526 |
| 6.125% due 06/15/2030  | 1300 | 1241 |
| **Travel & Leisure Co.** <br>6.000% due 04/01/2027 | 600 | 570 |
| **U.S. Renal Care, Inc.** <br>10.625% due 07/15/2027 | 900 | 198 |
| **Williams Scotsman International, Inc.** <br>4.625% due 08/15/2028 | 1575 | 1424 |

---

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<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **WMG** **Acquisition Corp.** <br>3.000% due 02/15/2031 | 850 | 681 |
| **Wynn Las Vegas LLC** <br>5.250% due 05/15/2027 | 400 | 362 |
| **Wynn Macau Ltd.**  |  |  |
| 5.500% due 10/01/2027  | 1000 | 876 |
| 5.625% due 08/26/2028  | 1900 | 1627 |
| **Yum! Brands, Inc.** <br>4.625% due 01/31/2032 | 800 | 709 |
|  |  | 102204 |
| **UTILITIES 2.9%**  |  |  |
| **Calpine Corp.**  |  |  |
| 3.750% due 03/01/2031  | 700 | 565 |
| 5.000% due 02/01/2031  | 700 | 588 |
| **Enel Finance International NV** <br>7.500% due 10/14/2032 | 200 | 212 |
| **EP Infrastructure AS** <br>1.698% due 07/30/2026 | 1500 | 1283 |
| **Genesis Energy LP** <br>8.000% due 01/15/2027 | $1200 | 1135 |
| **NSG Holdings LLC** <br>7.750% due 12/15/2025 | 520 | 506 |
| **Odebrecht Drilling Norbe Ltd. (6.350% Cash and 1.000% PIK)** <br>7.350% due 12/01/2026 ^(a) | 1059 | 585 |
| **Odebrecht Offshore Drilling Finance Ltd. (6.720% Cash and 1.000% PIK)** <br>7.720% due 12/01/2026 ^(a) | 891 | 238 |
| **TerraForm Power Operating LLC** <br>5.000% due 01/31/2028 | 800 | 722 |
|  |  | 5834 |
| Total Corporate Bonds & Notes (Cost $175,411) |  | 146848 |
| **CONVERTIBLE BONDS & NOTES 0.5%**  |  |  |
| **INDUSTRIALS 0.5%**  |  |  |
| **Lucid Group, Inc.** <br>1.250% due 12/15/2026 | 2000 | 1031 |
| Total Convertible Bonds & Notes (Cost $1,366) |  | 1031 |
| **MUNICIPAL BONDS & NOTES 0.2%**  |  |  |
| **FLORIDA 0.2%**  |  |  |
| **Sunrise, Florida Special Assessment Notes, Series 2015** <br>4.800% due 05/01/2025 | 380 | 370 |
| Total Municipal Bonds & Notes (Cost $378) |  | 370 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.7%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>3.828% due 10/25/2035 ~ | 58 | 42 |
| **American Home Mortgage Assets Trust**  |  |  |
| 2.968% due 11/25/2046 ~  | 508 | 162 |
| 6.750% due 06/25/2037 ^þ  | 81 | 67 |
| **Banc of America Funding Trust** <br>3.221% due 03/20/2036 ^~ | 53 | 43 |
| **Bear Stearns ALT-A Trust** <br>4.044% due 01/25/2035 ~ | 2 | 1 |
| **Citigroup Mortgage Loan Trust** <br>6.470% due 11/25/2035 ~ | 28 | 27 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 3.048% due 12/25/2035 •  | 24 | 19 |
| 3.173% due 10/25/2035 ^~  | 19 | 16 |
| 4.749% due 05/25/2047 ~  | 12 | 10 |
| 4.773% due 03/20/2046 •  | 21 | 17 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 5.029% due 03/25/2035 ~  | 69 | 61 |
| 6.000% due 05/25/2036 ^  | 42 | 21 |
| **Downey Savings & Loan Association Mortgage Loan Trust** <br>4.839% due 02/19/2045 •  | 3 | 3 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 3.740% due 09/25/2035 ^~  | 89 | 77 |
| 6.000% due 05/25/2036 ^  | 44 | 20 |
| **GMAC Mortgage Corp. Loan Trust** <br>2.985% due 04/19/2036 ^~ | 99 | 75 |
| **GSR Mortgage Loan Trust**  |  |  |
| 3.061% due 11/25/2035 ~  | 7 | 7 |
| 4.124% due 04/25/2035 ~  | 1 | 1 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.719% due 01/19/2038 •  | 13 | 11 |
| 4.819% due 03/19/2036 ^•  | 190 | 165 |

---

------

<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **IndyMac** **INDX Mortgage Loan Trust** <br>3.227% due 09/25/2035 ^~ | 30 | 25 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.196% due 07/27/2037 ~  | 133 | 121 |
| 3.346% due 07/25/2035 ~  | 23 | 21 |
| 6.000% due 08/25/2037 ^  | 59 | 33 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.719% due 03/25/2037 ~  | 259 | 57 |
| 5.751% due 02/25/2036 ^~  | 129 | 103 |
| **Residential Asset Securitization Trust** <br>6.000% due 05/25/2037 ^ | 51 | 30 |
| **Structured Asset Mortgage Investments Trust** <br>4.829% due 05/25/2036 •  | 13 | 10 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.818% due 05/25/2047 •  | 161 | 128 |
| 3.191% due 10/25/2036 ^~  | 58 | 52 |
| 3.864% due 07/25/2037 ^~  | 65 | 60 |
| Total Non-Agency Mortgage-Backed Securities (Cost $1,641) |  | 1485 |
| **ASSET-BACKED SECURITIES 0.2%**  |  |  |
| **Carrington Mortgage Loan Trust** <br>4.539% due 08/25/2036 •  | 39 | 36 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>3.103% due 01/25/2037 ^þ | 768 | 246 |
| **Morgan Stanley ABS Capital, Inc. Trust** <br>4.529% due 05/25/2037 •  | 57 | 50 |
| **Option One Mortgage Loan Trust Asset-Backed Certificates** <br>5.364% due 08/25/2033 •  | 19 | 19 |
| Total Asset-Backed Securities (Cost $395) |  | 351 |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Argentina Government International Bond** <br>3.500% due 07/09/2041 þ | 7113 | 2040 |
| Total Sovereign Issues (Cost $3,528) |  | 2040 |
|  | SHARES |  |
| **COMMON STOCKS 2.9%**  |  |  |
| **COMMUNICATION SERVICES 0.3%**  |  |  |
| **Clear Channel Outdoor Holdings, Inc. (c)** | 163228 | 171 |
| **iHeartMedia, Inc. 'A' (c)** | 39083 | 240 |
| **iHeartMedia, Inc. 'B' «(c)** | 30332 | 167 |
|  |  | 578 |
| **CONSUMER DISCRETIONARY 0.4%**  |  |  |
| **Caesars Entertainment, Inc. (c)** | 19463 | 810 |
|  |  | 810 |
| **ENERGY 0.5%**  |  |  |
| **California Resources Corp.** | 14960 | 651 |
| **Constellation Oil 'B' «(c)(g)** | 2866681 | 310 |
|  |  | 961 |
| **FINANCIALS 0.4%**  |  |  |
| **Hipotecaria Su Casita SA de CV «(c)** | 78886 | 0 |
| **Intelsat SA «(c)(g)** | 26087 | 626 |
| **Mr Cooper Group, Inc. (c)** | 4374 | 176 |
|  |  | 802 |
| **HEALTH CARE 0.7%**  |  |  |
| **NVHL SA 'A' «(c)(g)** | 197572 | 141 |
| **NVHL SA 'D' «(c)(g)** | 197572 | 141 |
| **NVHL SA 'E' «(c)(g)** | 197572 | 141 |
| **NVHL SA 'F' «(c)(g)** | 197572 | 142 |
| **NVHL SA 'G' «(c)(g)** | 197572 | 142 |
| **NVHL SA 'H' «(c)(g)** | 197572 | 142 |
| **NVHL SA 'I' «(c)(g)** | 197572 | 142 |
| **NVHL SA 'J' «(c)(g)** | 197572 | 142 |
| **NVHL SA. 'B' «(c)(g)** | 197572 | 142 |
| **NVHL SA. 'C' «(c)(g)** | 197572 | 142 |
|  |  | 1417 |
| **INDUSTRIALS 0.6%**  |  |  |
| **Neiman Marcus Group Ltd. LLC «(c)(g)** | 7513 | 1323 |

---

------

<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Voyager** **Aviation Holdings LLC «(c)** | 136 | 0 |
|  |  | 1323 |
| **REAL ESTATE 0.0%**  |  |  |
| **Stearns Holding LLC 'B' «(c)** | 720949 | 0 |
| Total Common Stocks (Cost $19,210) |  | 5891 |
| **RIGHTS 0.0%**  |  |  |
| **FINANCIALS 0.0%**  |  |  |
| **Intelsat Jackson Holdings SA «(c)** | 2732 | 18 |
| Total Rights (Cost $0) |  | 18 |
| **WARRANTS 0.2%**  |  |  |
| **ENERGY 0.2%**  |  |  |
| **California Resources Corp. - Exp. 10/27/2024** | 24765 | 312 |
| **Constellation Oil Class 'D' - Exp. 06/10/2071 «(g)** | 3 | 0 |
|  |  | 312 |
| **FINANCIALS 0.0%**  |  |  |
| **Guranteed Rate, Inc. - Exp. 12/31/2060 «** | 3454 | 0 |
| **Intelsat Jackson Holdings SA-Exp. 12/05/2025 «** | 2732 | 20 |
|  |  | 20 |
| **UTILITIES 0.0%**  |  |  |
| **Vistra Corp. - Exp. 02/02/2024** | 60750 | 15 |
| Total Warrants (Cost $845) |  | 347 |
| **PREFERRED SECURITIES 0.3%**  |  |  |
| **BANKING & FINANCE 0.2%**  |  |  |
| **First Citizens BancShares, Inc.**<br>8.741% (US0003M + 3.972%) due 01/04/2027 ~(f) | 350000 | 350 |
| **INDUSTRIALS 0.1%**  |  |  |
| **Voyager Aviation Holdings LLC** « | 814 | 219 |
| Total Preferred Securities (Cost $617) |  | 569 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 3.0%**  |  |  |
| **REPURCHASE AGREEMENTS (h) 2.7%** |  | 5614 |
| **U.S. TREASURY BILLS 0.3%**  |  |  |
| 3.917% due 01/31/2023 - 03/02/2023 (d)(e)(k) | $577 | 574 |
| Total Short-Term Instruments (Cost $6,189) |  | 6188 |
| Total Investments in Securities (Cost $233,332) |  | 185016 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 7.3%**  |  |  |
| **COMMON STOCKS 0.1%**  |  |  |
| **AFFILIATED INVESTMENTS 0.1%**  |  |  |
| **Xfit Brands, Inc. ^«(c)** | 68040639 | 272 |
| Total Common Stocks (Cost $4,074) |  | 272 |
| **SHORT-TERM INSTRUMENTS 7.2%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 7.2%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 1528013 | 14846 |

---

------

<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | |
|:---|:---|
| Total Short-Term Instruments (Cost $14,836) | 14846 |
| Total Investments in Affiliates (Cost $18,910) | 15118 |
| Total Investments 97.6% (Cost $252,242) | $200134 |
| **Financial Derivative Instruments (i)(j) (0.3)**%(Cost or Premiums, net $204) | (595) |
| Other Assets and Liabilities, net 2.7% | 5569 |
| Net Assets 100.0% | $205108 |

---

------

<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(b)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(c)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(d)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(e)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(f)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(g)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets | Market Value<br>as Percentage<br>of Net Assets |
| Constellation Oil 'B' | Constellation Oil 'B' | 06/10/2022 | 06/10/2022 | 310 | 310 | $ | 310 | 310 | 0.15 | % |
| Constellation Oil Class 'D' - Exp. 06/10/2071 | Constellation Oil Class 'D' - Exp. 06/10/2071 | 06/10/2022 | 06/10/2022 | 0 | 0 |  | 0 | 0 | 0.00 |  |
| Intelsat SA | Intelsat SA | 09/05/2018 | 09/05/2018 | 2450 | 2450 |  | 626 | 626 | 0.30 |  |
| NVHL SA 'A' | NVHL SA 'A' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 614 | 614 |  | 141 | 141 | 0.07 |  |
| NVHL SA 'D' | NVHL SA 'D' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 614 | 614 |  | 141 | 141 | 0.07 |  |
| NVHL SA 'E' | NVHL SA 'E' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 614 | 614 |  | 141 | 141 | 0.07 |  |
| NVHL SA 'F' | NVHL SA 'F' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 613 | 613 |  | 142 | 142 | 0.07 |  |
| NVHL SA 'G' | NVHL SA 'G' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 613 | 613 |  | 142 | 142 | 0.07 |  |
| NVHL SA 'H' | NVHL SA 'H' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 613 | 613 |  | 142 | 142 | 0.07 |  |
| NVHL SA 'I' | NVHL SA 'I' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 613 | 613 |  | 142 | 142 | 0.07 |  |
| NVHL SA 'J' | NVHL SA 'J' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 613 | 613 |  | 142 | 142 | 0.07 |  |
| NVHL SA. 'B' | NVHL SA. 'B' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 613 | 613 |  | 142 | 142 | 0.07 |  |
| NVHL SA. 'C' | NVHL SA. 'C' | 03/09/2012 - 05/01/2013 | 03/09/2012 - 05/01/2013 | 613 | 613 |  | 142 | 142 | 0.07 |  |
| Neiman Marcus Group Ltd. LLC | Neiman Marcus Group Ltd. LLC | 09/25/2020 | 09/25/2020 | 242 | 242 |  | 1323 | 1323 | 0.64 |  |
| Oracle Corp.6.250% due 11/09/2032 | Oracle Corp.6.250% due 11/09/2032 | 11/07/2022 | 11/07/2022 | 2595 | 2595 |  | 2729 | 2729 | 1.33 |  |
|  |  |  | $ | 11730 | $ | $ | 6405 | 3.12%  | 3.12%  | 3.12%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(h)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BRC | $2736 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 08/15/2032 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 08/15/2032 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 08/15/2032 | (2736) | (2736) | 2736 | $ | $2738 | 2738 |
| FICC | 2878 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | (2936) | (2936) | 2878 |  | 2878 | 2878 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  | **(5672)** | **(5672)** | **5614** | **$** | $**5616** | **5616** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales<sup>(2)</sup> | Payable for<br>Short Sales<sup>(2)</sup> | Payable for<br>Short Sales<sup>(2)</sup> |
| U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% | U.S. Government Agencies (1.3)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | 08/15/2032 | $2970 | 2970 | $ | (2781) | $ | $(2736) | (2736) |
| **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** |  |  |  | **$** | **(2781)** | **$** | $**(2736)** | **(2736)** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. | Payable for short sales includes $31 of accrued interest. |

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<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The** **average amount of borrowings outstanding during the period ended December 31, 2022 was $(62) at a weighted average interest rate of (3.000%). Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset |  | Liability |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 03/2023 | 03/2023 | 151 | $ | 16297 | 16297 | (28) | (28) | 0 | 0 | $ | (13) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset |  | Liability |
| Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | 03/2023 | 03/2023 | 26 | $ | (3700) | (3700) | 239 | 239 | 30 | 30 | $ | (13) |
| Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | 03/2023 | 03/2023 | 7 |  | (1013) | (1013) | 191 | 191 | 26 | 26 |  | (5) |
| U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | 03/2023 | 03/2023 | 155 |  | (17406) | (17406) | 252 | 252 | 22 | 22 |  | 0 |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 03/2023 | 03/2023 | 13 |  | (1746) | (1746) | (4) | (4) | 6 | 6 |  | 0 |
| U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | 03/2023 | 03/2023 | 28 |  | (3312) | (3312) | 69 | 69 | 2 | 2 |  | 0 |
|  |  |  |  |  |  |  |  |  | 747 | $ | 86 | 86 | $ | (18) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **719** | **$** | **86** | **86** | **$** | **(31)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(2)</sup> |  | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(3)</sup> | Market<br>Value<sup>(3)</sup> | Asset | Asset | Liability |
| CDX.HY-39 5-Year Index  | Quarterly | 12/20/2027 | 12/20/2027 | $ | 47500 | $ | (251) | $ | (118) | (369) | (369) | 7 | 7 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | Semi-Annual | 12/16/2030 | 12/16/2030 | 12/16/2030 | $43300 | 43300 | 455 | $ | (9011) | (8556) | (8556) | 0 | 0 | $(92) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **204** | **$** | **(9129)** | **(8925)** | **(8925)** | **7** | **7** | **(92)** |
| **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $5,425 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(3)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **(j)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 01/2023  | $ | $712 | 712 | 712 | 712 | 669 | 669 | 669 | 4 | 4 | 4 | $0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | EUR | 25353 | 25353 | 25353 | 25353 | $26574 | 26574 | 26574 | 0 | 0 | 0 | (577) | (577) |
|  | 01/2023  | $ | $1216 | 1216 | 1216 | 1216 | 1143 | 1143 | 1143 | 8 | 8 | 8 | 0 | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **12** | **12** | **$** | **(577)** | **(577)** |
| **(k)** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $441 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |

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<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | $19878 | 19878 | $0 | 0 | $ | 19878 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | 0 | 0 | 38810 | 38810 | 0 | 0 |  | 38810 |  |
| Industrials | Industrials | 0 | 0 | 101187 | 101187 | 1017 | 1017 |  | 102204 |  |
| Utilities | Utilities | 0 | 0 | 5834 | 5834 | 0 | 0 |  | 5834 |  |
| Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes |  |
| Industrials | Industrials | 0 | 0 | 1031 | 1031 | 0 | 0 |  | 1031 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |  |
| Florida | Florida | 0 | 0 | 370 | 370 | 0 | 0 |  | 370 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 1485 | 1485 | 0 | 0 |  | 1485 |  |
| Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 351 | 351 | 0 | 0 |  | 351 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 2040 | 2040 | 0 | 0 |  | 2040 |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |
| Communication Services | Communication Services | 411 | 411 | 0 | 0 | 167 | 167 |  | 578 |  |
| Consumer Discretionary | Consumer Discretionary | 810 | 810 | 0 | 0 | 0 | 0 |  | 810 |  |
| Energy | Energy | 651 | 651 | 0 | 0 | 310 | 310 |  | 961 |  |
| Financials | Financials | 176 | 176 | 0 | 0 | 626 | 626 |  | 802 |  |
| Health Care | Health Care | 0 | 0 | 0 | 0 | 1417 | 1417 |  | 1417 |  |
| Industrials | Industrials | 0 | 0 | 0 | 0 | 1323 | 1323 |  | 1323 |  |
| Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights |  |
| Financials | Financials | 0 | 0 | 0 | 0 | 18 | 18 |  | 18 |  |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |  |
| Energy | Energy | 312 | 312 | 0 | 0 | 0 | 0 |  | 312 |  |
| Financials | Financials | 0 | 0 | 0 | 0 | 20 | 20 |  | 20 |  |
| Utilities | Utilities | 15 | 15 | 0 | 0 | 0 | 0 |  | 15 |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |
| Banking & Finance | Banking & Finance | 0 | 0 | 350 | 350 | 0 | 0 |  | 350 |  |
| Industrials | Industrials | 0 | 0 | 0 | 0 | 219 | 219 |  | 219 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Repurchase Agreements | Repurchase Agreements | 0 | 0 | 5614 | 5614 | 0 | 0 |  | 5614 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 574 | 574 | 0 | 0 |  | 574 |  |
|  |  | $2375 | 2375 | $177524 | 177524 | $5117 | 5117 | $ | 185016 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |
| Affiliated Investments | Affiliated Investments | 0 | 0 | 0 | 0 | 272 | 272 |  | 272 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | 14846 | 14846 | 0 | 0 | 0 | 0 |  | 14846 |  |
|  |  | $14846 | 14846 | $0 | 0 | $272 | 272 | $ | 15118 |  |
| Total Investments | Total Investments | $17221 | 17221 | $177524 | 177524 | $5389 | 5389 | $ | 200134 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | $(2736) | (2736) | $0 | 0 | $ | (2736) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 56 | 56 | 37 | 37 | 0 | 0 |  | 93 |  |
| Over the counter | Over the counter | 0 | 0 | 12 | 12 | 0 | 0 |  | 12 |  |
|  |  | $56 | 56 | $49 | 49 | $0 | 0 | $ | 105 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (18) | (18) | (105) | (105) | 0 | 0 |  | (123) |  |
| Over the counter | Over the counter | 0 | 0 | (577) | (577) | 0 | 0 |  | (577) |  |
|  |  | $(18) | (18) | $(682) | (682) | $0 | 0 | $ | (700) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $38 | 38 | $(633) | (633) | $0 | 0 | $ | (595) |  |
| Totals | Totals | $17259 | 17259 | $174155 | 174155 | $5389 | 5389 | $ | 196803 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Portfolio during the period ended December 31, 2022:** |
| Category and Subcategory | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 12/31/2022 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>12/31/2022<sup>(1)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | $ | 2 | $ | (510) | $0 | 0 | $(1241) | (1241) | $0 | $0 |
| Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |

---

------

<br> Schedule of Investments PIMCO High Yield and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Industrials | Industrials |  | 0 | 983 |  |  | 0 | 6 | 0 | 28 | 0 | 0 |  | 1017 |  | 28 |
| Common Stocks | Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Communication Services | Communication Services |  | 516 | 0 |  |  | 0 | 0 | 0 | (349) | 0 | 0 |  | 167 |  | (349) |
| Energy | Energy |  | 0 | 310 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 310 |  | 0 |
| Financials | Financials |  | 795 | 0 |  |  | 0 | 0 | 0 | (169) | 0 | 0 |  | 626 |  | (170) |
| Health Care | Health Care |  | 49182 | 0 |  |  | (7170) | 0 | 7079 | (47674) | 0 | 0 |  | 1417 |  | (40045) |
| Industrials | Industrials |  | 1165 | 0 |  |  | 0 | 0 | 0 | 158 | 0 | 0 |  | 1323 |  | 158 |
| Real Estate | Real Estate |  | 72 | 0 |  |  | 0 | 0 | 0 | (72) | 0 | 0 |  | 0 |  | (72) |
| Rights | Rights |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financials | Financials |  | 12 | 0 |  |  | 0 | 0 | 0 | 6 | 0 | 0 |  | 18 |  | 6 |
| Warrants<sup>(2)</sup> | Warrants<sup>(2)</sup> |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financials | Financials |  | 14 | 0 |  |  | 0 | 0 | 0 | 6 | 0 | 0 |  | 20 |  | 7 |
| Preferred Securities | Preferred Securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industrials | Industrials |  | 1666 | 0 |  |  | (3655) | 0 | 0 | 2208 | 0 | 0 |  | 219 |  | (28) |
| Totals | Totals | $55480 | 55480 | 1293 | $ | $ | $(11106) | $8 | $7051 | $(46368) | $(1241) | (1241) | $ | 5117 | $ | (40465) |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Common Stocks | Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Affiliated Investments | Affiliated Investments |  | 0 | 3656 |  |  | 0 | 0 | 418 | (3802) | 0 | 0 |  | 272 |  | (3802) |
| Totals | Totals | $55480 | 55480 | 4949 | $ | $ | $(11106) | $8 | $7469 | $(50170) | $(1241) | (1241) | $ | 5389 | $ | (44267) |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 12/31/2022 | Ending<br>Balance<br>at 12/31/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s) | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Industrials | Industrials | Industrials | Industrials | $1017 | 1017 | 1017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 14.500  | 14.500  | 14.500  | —  | —  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Communication Services | Communication Services | Communication Services | Communication Services | 167 | 167 | 167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp; Stock Price W/Liquidity Discount | &nbsp;&nbsp;&nbsp;&nbsp; Stock Price W/Liquidity Discount | 10.000  | 10.000  | 10.000  |  |  |
| Industrials | Industrials | Industrials | Industrials | 1323 | 1323 | 1323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Revenue \| EBITDA Multiple / Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Revenue \| EBITDA Multiple / Discount Rate | 0.620\|6.160/10.000 | 0.620\|6.160/10.000 | 0.620\|6.160/10.000 | —  | —  |
| Energy | Energy | Energy | Energy | 310 | 310 | 310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | 4.400  | 4.400  | 4.400  | —  | —  |
| Financials | Financials | Financials | Financials | 626 | 626 | 626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Price | &nbsp;&nbsp;&nbsp;&nbsp; Price | $24.000  | 24.000  | 24.000  | —  | —  |
| Health Care | Health Care | Health Care | Health Care | 1417 | 1417 | 1417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | 10.500  | 10.500  | 10.500  | —  | —  |
| Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights | Rights |
| Financials | Financials | Financials | Financials | 18 | 18 | 18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | —  | —  | —  | —  | —  |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |
| Financials | Financials | Financials | Financials | 20 | 20 | 20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | —  | —  | —  | —  | —  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Industrials | Industrials | Industrials | Industrials | 219 | 219 | 219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Comparable Valuation / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; TBV Multiple/Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; TBV Multiple/Discount Rate | 0.370/24.820 | 0.370/24.820 | 0.370/24.820 | —  | —  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Affiliated Investments | Affiliated Investments | Affiliated Investments | Affiliated Investments | 272 | 272 | 272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp; Stock Price W/Liquidity Discount | &nbsp;&nbsp;&nbsp;&nbsp; Stock Price W/Liquidity Discount |  |  |  | —  | —  |
| Total | Total | Total | Total | $5389 | 5389 | 5389 |  |  |  |  |  |  |  |  |  |  |
| <sup>(1)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at December 31, 2022 may be due to an investment no longer held or categorized as Level 3 at period end. |
| <sup>(2)</sup> | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. | Security type updated from Rights to Warrants since prior fiscal year end. |
| <sup>(3)</sup> | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Portfolio. |

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<br> Consolidated Schedule of Investments PIMCO International Portfolio December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 99.7% ¤** |  |  |
| **CANADA 1.4%**  |  |  |
| **SOVEREIGN ISSUES 1.4%**  |  |  |
| **Province of Quebec** <br>6.250% due 06/01/2032 | 8000 | $6911 |
| Total Canada (Cost $6,698) |  | 6911 |
| **UNITED STATES 3.2%**  |  |  |
| **ASSET-BACKED SECURITIES 1.1%**  |  |  |
| **Amortizing Residential Collateral Trust** <br>5.089% due 10/25/2031 ~ | $113 | 109 |
| **Argent Securities Trust** <br>4.569% due 07/25/2036 ~ | 1239 | 340 |
| **Asset-Backed Funding Certificates Trust** <br>5.089% due 06/25/2034 •  | 263 | 247 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust** <br>4.469% due 05/25/2037 ~ | 37 | 26 |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.049% due 10/25/2032 •  | 28 | 27 |
| **Countrywide Asset-Backed Certificates** <br>5.129% due 05/25/2032 •  | 46 | 46 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>4.598% due 01/25/2032 •  | 43 | 41 |
| **Credit-Based Asset Servicing & Securitization Trust**  |  |  |
| 2.909% due 01/25/2037 ^•  | 261 | 84 |
| 4.509% due 11/25/2036 •  | 30 | 14 |
| **Home Equity Asset Trust** <br>4.989% due 11/25/2032 ~ | 1 | 1 |
| **HSI Asset Securitization Corp. Trust** <br>4.489% due 10/25/2036 •  | 22 | 9 |
| **Long Beach Mortgage Loan Trust** <br>4.949% due 10/25/2034 •  | 28 | 25 |
| **Merrill Lynch Mortgage Investors Trust** <br>4.549% due 09/25/2037 •  | 23 | 5 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.449% due 05/25/2037 ~  | 42 | 36 |
| 4.489% due 11/25/2036 •  | 5838 | 3052 |
| **SLM Student Loan Trust** <br>5.858% due 04/25/2023 ~ | 1606 | 1592 |
| **Soundview Home Loan Trust** <br>4.509% due 11/25/2036 •  | 230 | 67 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>5.620% due 04/25/2035 •  | 3 | 3 |
| **Washington Mutual Asset-Backed Certificates Trust** <br>3.816% due 10/25/2036 •  | 23 | 9 |
|  |  | 5733 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 1.9%**  |  |  |
| **Bear Stearns ALT-A Trust**  |  |  |
| 3.383% due 08/25/2036 ^~  | 21 | 14 |
| 3.605% due 01/25/2036 ^~  | 436 | 403 |
| **Citigroup Mortgage Loan Trust** <br>3.885% due 08/25/2035 ~ | 9 | 9 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.533% due 02/20/2047 ^•  | 2981 | 2261 |
| 4.709% due 02/25/2047 •  | 63 | 53 |
| 4.773% due 03/20/2046 •  | 242 | 189 |
| 4.909% due 12/25/2035 ~  | 24 | 21 |
| 4.949% due 12/25/2035 ~  | 159 | 139 |
| 4.949% due 02/25/2037 ~  | 76 | 62 |
| 4.989% due 08/25/2035 ~  | 207 | 183 |
| 4.989% due 12/25/2035 •  | 672 | 534 |
| 5.089% due 09/25/2035 •  | 666 | 588 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.849% due 05/25/2035 ~  | 84 | 68 |
| 4.969% due 03/25/2035 ^•  | 306 | 249 |
| 4.969% due 04/25/2035 •  | 2 | 2 |
| 4.989% due 03/25/2035 •  | 29 | 20 |
| 5.029% due 03/25/2035 •  | 1603 | 1292 |

---

------

<br> Consolidated Schedule of Investments PIMCO International Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.029% due 03/25/2035 ~  | 11 | 9 |
| 5.049% due 02/25/2035 ~  | 6 | 5 |
| 5.149% due 09/25/2034 ~  | 4 | 4 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>6.500% due 04/25/2033 | 3 | 3 |
| **Deutsche ALT-B Securities, Inc. Mortgage Loan Trust** <br>4.489% due 10/25/2036 ^•  | 2 | 1 |
| **Downey Savings & Loan Association Mortgage Loan Trust**  |  |  |
| 4.759% due 03/19/2045 ~  | 133 | 127 |
| 4.859% due 08/19/2045 •  | 83 | 69 |
| 4.999% due 09/19/2045 ~  | 997 | 629 |
| **GreenPoint Mortgage Funding Trust** <br>4.849% due 06/25/2045 ~ | 772 | 557 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.819% due 06/19/2035 •  | 124 | 116 |
| 4.819% due 01/19/2036 ^•  | 12 | 11 |
| 4.819% due 03/19/2036 ^•  | 749 | 652 |
| 4.839% due 01/19/2036 ~  | 1259 | 767 |
| 4.959% due 11/19/2035 •  | 135 | 104 |
| 4.999% due 09/19/2035 •  | 9 | 6 |
| 5.033% due 06/20/2035 ~  | 35 | 31 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>3.189% due 10/25/2035 ~ | 13 | 8 |
| **Residential Accredit Loans, Inc. Trust** <br>4.809% due 04/25/2046 ~ | 117 | 35 |
| **Sequoia Mortgage Trust**  |  |  |
| 4.783% due 10/20/2034 •  | 122 | 105 |
| 5.039% due 10/19/2026 ~  | 2 | 2 |
| 5.053% due 07/20/2033 ~  | 273 | 249 |
| **Structured Asset Mortgage Investments Trust** <br>4.919% due 07/19/2034 ~ | 1 | 1 |
| **Thornburg Mortgage Securities Trust** <br>4.929% due 03/25/2044 •  | 50 | 46 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.499% due 12/25/2046 ~  | 60 | 53 |
| 2.835% due 02/27/2034 •  | 3 | 3 |
| 3.248% due 11/25/2042 ~  | 1 | 1 |
| 3.448% due 08/25/2042 •  | 4 | 4 |
| 3.548% due 10/25/2046 ~  | 18 | 16 |
| 3.548% due 11/25/2046 •  | 221 | 191 |
| 4.969% due 10/25/2045 ~  | 9 | 9 |
| 5.009% due 01/25/2045 ~  | 5 | 4 |
| 5.029% due 01/25/2045 ~  | 6 | 6 |
| 5.029% due 07/25/2045 ~  | 5 | 5 |
|  |  | 9916 |
| **U.S. GOVERNMENT AGENCIES 0.2%**  |  |  |
| **Fannie Mae**  |  |  |
| 3.632% due 12/01/2034 •  | 2 | 2 |
| 4.027% due 11/01/2034 •  | 8 | 8 |
| 4.366% due 09/25/2042 •  | 17 | 16 |
| 4.509% due 03/25/2034 ~ | 1 | 1 |
| 4.539% due 08/25/2034 •  | 1 | 1 |
| 4.633% due 12/01/2030 •  | 1 | 1 |
| 4.789% due 06/25/2029 •  | 1 | 1 |
| 6.000% due 07/25/2044 | 9 | 9 |
| **Freddie Mac**  |  |  |
| 2.889% due 02/25/2045 •  | 15 | 15 |
| 3.248% due 10/25/2044 •  | 32 | 32 |
| 3.332% due 10/01/2036 •  | 11 | 11 |
| 3.448% due 07/25/2044 •  | 9 | 9 |
| 4.539% due 09/25/2035 ~ | 618 | 580 |
| 4.669% due 09/25/2031 •  | 9 | 9 |
| 6.500% due 07/15/2028 | 70 | 72 |
| **Ginnie Mae**  |  |  |
| 1.750% (H15T1Y + 1.500%) due 10/20/2024 ~ | 5 | 5 |
| 2.000% due 11/20/2024 •  | 10 | 10 |
| 2.625% (H15T1Y + 1.500%) due 02/20/2025 - 09/20/2025 ~ | 14 | 14 |
| 2.875% (H15T1Y + 1.500%) due 06/20/2023 - 05/20/2026 ~ | 9 | 9 |
| 3.000% (H15T1Y + 1.500%) due 09/20/2024 ~ | 10 | 10 |
| 3.000% due 04/20/2030 - 06/20/2030 •  | 152 | 150 |
| 6.000% due 08/20/2034 | 191 | 196 |
| **U.S. Small Business Administration**  |  |  |
| 4.625% due 02/01/2025 | 4 | 4 |

---

------

<br> Consolidated Schedule of Investments PIMCO International Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.090% due 10/01/2025 | 2 | 2 |
|  |  | 1167 |
| Total United States (Cost $23,683) |  | 16816 |
| **SHORT-TERM INSTRUMENTS 95.1%**  |  |  |
| **REPURCHASE AGREEMENTS (c) 86.5%** |  | 440691 |
| **SHORT-TERM NOTES 3.9%**  |  |  |
| **Federal Home Loan Bank**  |  |  |
| 4.320% due 01/06/2023 - 01/10/2023 •  | $7400 | 7400 |
| 4.340% due 02/10/2023 •(e) | 5000 | 5000 |
| 4.345% due 02/23/2023 - 03/06/2023 •  | 7200 | 7200 |
|  |  | 19600 |
| **U.S. TREASURY BILLS 4.7%**  |  |  |
| 3.642% due 01/17/2023 (a)(b) | 24000 | 23966 |
| Total Short-Term Instruments (Cost $484,258) |  | 484257 |
| Total Investments in Securities (Cost $514,639) |  | 507984 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 19.2%**  |  |  |
| **SHORT-TERM INSTRUMENTS 19.2%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 19.2%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 10092281 | 98057 |
| Total Short-Term Instruments (Cost $99,321) |  | 98057 |
| Total Investments in Affiliates (Cost $99,321) |  | 98057 |
| Total Investments 118.9% (Cost $613,960) |  | $606041 |
| **Financial Derivative Instruments (d)(f) 0.5**%(Cost or Premiums, net $(17902)) |  | 2340 |
| Other Assets and Liabilities, net (19.4)% |  | (98886) |
| Net Assets 100.0% |  | $509495 |

---

------

<br> Consolidated Schedule of Investments PIMCO International Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(b)** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(c)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | BOS | 4.330%  | 01/03/2023 | $163900 | 163900 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% - 3.000% due 02/15/2049 - 05/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% - 3.000% due 02/15/2049 - 05/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% - 3.000% due 02/15/2049 - 05/15/2051 | $(165446) | (165446) | (165446) | $163900 | 163900 | $163979 |
| BPS | BPS | 4.310  | 01/03/2023 | 106100 | 106100 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 01/15/2024 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 01/15/2024 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 01/15/2024 | (108265) | (108265) | (108265) | 106100 | 106100 | 106151 |
| CIB | CIB | 4.250  | 01/04/2023 | 137900 | 137900 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 08/15/2046 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 08/15/2046 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 08/15/2046 | (139098) | (139098) | (139098) | 137900 | 137900 | 137900 |
| FICC | FICC | 1.900  | 01/03/2023 | 4086 | 4086 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | (4168) | (4168) | (4168) | 4086 | 4086 | 4086 |
| SAL | SAL | 4.320  | 01/03/2023 | 28200 | 28200 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 10/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 10/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 10/15/2023 | (28741) | (28741) | (28741) | 28200 | 28200 | 28214 |
| SSB | SSB | 1.900  | 01/03/2023 | 505 | 505 | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | (515) | (515) | (515) | 505 | 505 | 505 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | $**(446233)** | **(446233)** | **(446233)** | $**440691** | **440691** | $**440835** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. |
| **(d)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Euro-Bobl March Futures  | Euro-Bobl March Futures  | Euro-Bobl March Futures  | Euro-Bobl March Futures  | 03/2023 | 305 | 305 | $37791 | $(1181) | (1181) | (1181) | $85 | 85 | 85 | (140) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Euro-BTP March Futures  | Euro-BTP March Futures  | Euro-BTP March Futures  | Euro-BTP March Futures  | 03/2023 | 109 | 109 | $(12709) | $938 | 938 | 938 | $131 | 131 | 131 | (104) |
| Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | 03/2023 | 1426 | 1426 | (202912) | 12989 | 12989 | 12989 | 1618 | 1618 | 1618 | (717) |
| Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | Euro-Buxl 30-Year Bond March Futures  | 03/2023 | 85 | 85 | (12305) | 2215 | 2215 | 2215 | 318 | 318 | 318 | (55) |
| Euro-Oat March Futures  | Euro-Oat March Futures  | Euro-Oat March Futures  | Euro-Oat March Futures  | 03/2023 | 295 | 295 | (40199) | 3038 | 3038 | 3038 | 366 | 366 | 366 | (205) |
| Japan Government 10-Year Bond March Futures  | Japan Government 10-Year Bond March Futures  | Japan Government 10-Year Bond March Futures  | Japan Government 10-Year Bond March Futures  | 03/2023 | 240 | 240 | (266004) | 5046 | 5046 | 5046 | 366 | 366 | 366 | 0 |
| United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | 03/2023 | 49 | 49 | (5918) | 387 | 387 | 387 | 17 | 17 | 17 | (7) |
|  |  |  |  |  |  |  |  | 24613 | 24613 | $ | 2816 | 2816 | $ | (1088) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **23432** | **23432** | **$** | **2901** | **2901** | **$** | **(1228)** |

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------

<br> Consolidated Schedule of Investments PIMCO International Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 2.000% | Annual | Annual | 03/15/2033 | GBP | 23300 | 3437 | 3437 | 532 | 3969 | 14 | 14 | $0 |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 2.000 | Annual | Annual | 03/15/2053 |  | 9800 | 3014 | 3014 | 89 | 3103 | 16 | 16 | 0 |
| Receive | Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.050 | Annual | Annual | 12/15/2031 | JPY | 8920000 | 3926 | 3926 | 806 | 4732 | 261 | 261 | 0 |
| Receive | Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.750 | Semi-Annual | Semi-Annual | 03/20/2038 |  | 1000000 | 72 | 72 | 367 | 439 | 53 | 53 | 0 |
| Receive | Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.500 | Annual | Annual | 03/15/2042 |  | 13613900 | 4251 | 4251 | 8616 | 12867 | 909 | 909 | 0 |
| Receive | Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.800 | Annual | Annual | 06/15/2052 |  | 6450000 | 313 | 313 | 5975 | 6288 | 571 | 571 | 0 |
| Pay | Pay | 3-Month CAD-Bank Bill | 3-Month CAD-Bank Bill | 2.500 | Semi-Annual | Semi-Annual | 06/15/2032 | CAD | 16700 | (1534) | (1534) | 303 | (1231) | 0 | 0 | (36) |
| Pay | Pay | 3-Month NZD-BBR | 3-Month NZD-BBR | 3.750 | Semi-Annual | Semi-Annual | 06/15/2027 | NZD | 132500 | (999) | (999) | (2895) | (3894) | 179 | 179 | 0 |
| Pay<sup>(2)</sup> | Pay<sup>(2)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.580 | Annual | Annual | 05/24/2024 | EUR | 535500 | (4326) | (4326) | (6930) | (11256) | 0 | 0 | (36) |
| Pay<sup>(2)</sup> | Pay<sup>(2)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.500 | Annual | Annual | 03/15/2025 |  | 34100 | (570) | (570) | (826) | (1396) | 0 | 0 | (62) |
| Pay<sup>(2)</sup> | Pay<sup>(2)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.500 | Annual | Annual | 03/15/2028 |  | 98700 | (4019) | (4019) | (4515) | (8534) | 0 | 0 | (311) |
| Pay<sup>(2)</sup> | Pay<sup>(2)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.750 | Annual | Annual | 03/15/2033 |  | 166700 | (21467) | (21467) | (562) | (22029) | 0 | 0 | (531) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(17902)** | **$** | **960** | **$** | **2003** | **$** | **(976)** |
| **(e)** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $5,000 and cash of $28,528 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. | Unsettled variation margin liability of $(201) for closed futures is outstanding at period end. |
| <sup>(2)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(f)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 01/2023  | 01/2023  | 01/2023  | EUR | 2097 | 2097 | 2097 | $2212 | 2212 | 2212 | 0 | 0 | (34) | (34) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | $ | $922 | 922 | 922 | 760 | 760 | 760 | 0 | 0 | (3) | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 03/2023  | 03/2023  | 03/2023  | MXN | 4650 | 4650 | 4650 | $231 | 231 | 231 | 0 | 0 | (5) | (5) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 01/2023  | 01/2023  | 01/2023  | $ | $316 | 316 | 316 | 295 | 295 | 295 | 0 | 0 | 0 | 0 |
|  |  |  | 01/2023  | 01/2023  | 01/2023  |  | 214 | 214 | 214 | 288 | 288 | 288 | 1 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 01/2023  | 01/2023  | 01/2023  | NZD | 1557 | 1557 | 1557 | $991 | 991 | 991 | 2 | 2 | 0 | 0 |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | $ | $3740 | 3740 | 3740 | 3530 | 3530 | 3530 | 40 | 40 | 0 | 0 |
|  |  |  | 01/2023  | 01/2023  | 01/2023  |  | 1027 | 1027 | 1027 | 136600 | 136600 | 136600 | 15 | 15 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 01/2023  | 01/2023  | 01/2023  | CAD | 180 | 180 | 180 | $132 | 132 | 132 | 0 | 0 | (1) | (1) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | GBP | 6156 | 6156 | 6156 | 7434 | 7434 | 7434 | 0 | 0 | (10) | (10) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | $ | $569 | 569 | 569 | 889 | 889 | 889 | 0 | 0 | (5) | (5) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | 01/2023  | 01/2023  | AUD | 3097 | 3097 | 3097 | $2076 | 2076 | 2076 | 0 | 0 | (33) | (33) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | CAD | 167 | 167 | 167 | 123 | 123 | 123 | 0 | 0 | 0 | 0 |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | DKK | 4570 | 4570 | 4570 | 639 | 639 | 639 | 0 | 0 | (19) | (19) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | JPY | 391830 | 391830 | 391830 | 2855 | 2855 | 2855 | 0 | 0 | (132) | (132) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | NZD | 1073 | 1073 | 1073 | 677 | 677 | 677 | 0 | 0 | (4) | (4) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | $ | $503 | 503 | 503 | 686 | 686 | 686 | 4 | 4 | 0 | 0 |
|  |  |  | 01/2023  | 01/2023  | 01/2023  |  | 4446 | 4446 | 4446 | 4221 | 4221 | 4221 | 74 | 74 | 0 | 0 |
|  |  |  | 01/2023  | 01/2023  | 01/2023  |  | 5326 | 5326 | 5326 | 4367 | 4367 | 4367 | 0 | 0 | (46) | (46) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  |  | 5090 | 5090 | 5090 | 671800 | 671800 | 671800 | 33 | 33 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RBC | &nbsp;&nbsp;&nbsp;&nbsp; RBC | &nbsp;&nbsp;&nbsp;&nbsp; RBC | 01/2023  | 01/2023  | 01/2023  | AUD | 1131 | 1131 | 1131 | $758 | 758 | 758 | 0 | 0 | (12) | (12) |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | &nbsp;&nbsp;&nbsp;&nbsp; RYL | &nbsp;&nbsp;&nbsp;&nbsp; RYL | 01/2023  | 01/2023  | 01/2023  | $ | $531 | 531 | 531 | 71000 | 71000 | 71000 | 10 | 10 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 01/2023  | 01/2023  | 01/2023  | AUD | 1176 | 1176 | 1176 | $793 | 793 | 793 | 0 | 0 | (9) | (9) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | CAD | 3627 | 3627 | 3627 | 2699 | 2699 | 2699 | 21 | 21 | 0 | 0 |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | NZD | 3684 | 3684 | 3684 | 2295 | 2295 | 2295 | 0 | 0 | (44) | (44) |
| &nbsp;&nbsp;&nbsp;&nbsp; TOR | &nbsp;&nbsp;&nbsp;&nbsp; TOR | &nbsp;&nbsp;&nbsp;&nbsp; TOR | 01/2023  | 01/2023  | 01/2023  | AUD | 5408 | 5408 | 5408 | 3650 | 3650 | 3650 | 0 | 0 | (33) | (33) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | CAD | 9219 | 9219 | 9219 | 6858 | 6858 | 6858 | 49 | 49 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 01/2023  | 01/2023  | 01/2023  |  | 198 | 198 | 198 | 145 | 145 | 145 | 0 | 0 | (1) | (1) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | $ | $726 | 726 | 726 | 586 | 586 | 586 | 0 | 0 | (17) | (17) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **249** | **$** | **(408)** | **(408)** |

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<br> Consolidated Schedule of Investments PIMCO International Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |
| Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 12/31/2022 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Canada | Canada | Canada | Canada | Canada |
| Sovereign Issues | $0 | $6911 | $0 | $6911 |
| United States | United States | United States | United States | United States |
| Asset-Backed Securities | 0 | 5733 | 0 | 5733 |
| Non-Agency Mortgage-Backed Securities | 0 | 9916 | 0 | 9916 |
| U.S. Government Agencies | 0 | 1167 | 0 | 1167 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Repurchase Agreements | 0 | 440691 | 0 | 440691 |
| Short-Term Notes | 0 | 19600 | 0 | 19600 |
| U.S. Treasury Bills | 0 | 23966 | 0 | 23966 |
|  | $0 | $507984 | $0 | $507984 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $98057 | $0 | $0 | $98057 |
| Total Investments | $98057 | $507984 | $0 | $606041 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 2901 | 2003 | 0 | 4904 |
| Over the counter | 0 | 249 | 0 | 249 |
|  | $2901 | $2252 | $0 | $5153 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (1228) | (976) | 0 | (2204) |
| Over the counter | 0 | (408) | 0 | (408) |
|  | $(1228) | $(1384) | $0 | $(2612) |
| Total Financial Derivative Instruments | $1673 | $868 | $0 | $2541 |
| Totals | $99730 | $508852 | $0 | $608582 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 98.4% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Avolon TLB Borrower 1 (U.S.) LLC**<br>6.603% (LIBOR01M + 2.250%) due 12/01/2027 ~ | $1576 | $1575 |
| **Carnival Corp.**<br>7.384% (LIBOR01M + 3.000%) due 06/30/2025 ~ | 3619 | 3480 |
| **Castlelake LP**<br>2.950% (LIBOR03M + 2.950%) due 05/13/2031 «~ | 7118 | 6442 |
| **CenturyLink, Inc.**<br>6.634% (LIBOR01M + 2.250%) due 03/15/2027 ~ | 1218 | 1159 |
| **Marriott Ownership Resorts, Inc.**<br>6.134% (LIBOR01M + 1.750%) due 08/29/2025 ~ | 257 | 255 |
| Total Loan Participations and Assignments (Cost $13,705) |  | 12911 |
| **CORPORATE BONDS & NOTES 78.1%**  |  |  |
| **BANKING & FINANCE 41.5%**  |  |  |
| **ABN AMRO Bank NV** <br>4.750% due 07/28/2025 | 2300 | 2233 |
| **AerCap Ireland Capital DAC**  |  |  |
| 1.750% due 10/29/2024  | 7700 | 7086 |
| 3.650% due 07/21/2027  | 300 | 272 |
| 4.450% due 04/03/2026  | 10275 | 9819 |
| 4.875% due 01/16/2024  | 2500 | 2477 |
| **Agree LP** <br>2.900% due 10/01/2030 | 3400 | 2769 |
| **AIA Group Ltd.**  |  |  |
| 3.200% due 03/11/2025  | 540 | 518 |
| 3.900% due 04/06/2028  | 540 | 508 |
| **Air Lease Corp.** <br>3.000% due 09/15/2023 | 2800 | 2753 |
| **Aircastle Ltd.** <br>2.850% due 01/26/2028 | 8600 | 7047 |
| **Alexandria Real Estate Equities, Inc.**  |  |  |
| 2.950% due 03/15/2034  | 1300 | 1058 |
| 3.375% due 08/15/2031  | 1600 | 1401 |
| 3.450% due 04/30/2025  | 300 | 290 |
| 3.950% due 01/15/2028  | 300 | 282 |
| 4.900% due 12/15/2030  | 6420 | 6271 |
| **Ally Financial, Inc.** <br>8.000% due 11/01/2031 | 6050 | 6262 |
| **American Assets Trust LP** <br>3.375% due 02/01/2031 | 6900 | 5489 |
| **American Homes 4 Rent LP**  |  |  |
| 4.250% due 02/15/2028  | 2000 | 1853 |
| 4.900% due 02/15/2029  | 400 | 379 |
| **American International Group, Inc.** <br>3.875% due 01/15/2035 | 1000 | 878 |
| **American Tower Corp.**  |  |  |
| 1.300% due 09/15/2025  | 2100 | 1898 |
| 2.700% due 04/15/2031  | 4000 | 3266 |
| 2.750% due 01/15/2027  | 13800 | 12529 |
| 3.950% due 03/15/2029  | 3052 | 2820 |
| **Antares Holdings LP**  |  |  |
| 2.750% due 01/15/2027  | 6000 | 4814 |
| 3.750% due 07/15/2027  | 6100 | 4940 |
| 3.950% due 07/15/2026  | 5400 | 4677 |
| **Arch Capital Group Ltd.** <br>3.635% due 06/30/2050 | 1235 | 857 |
| **Ares Capital Corp.** <br>2.875% due 06/15/2027 | 5000 | 4245 |
| **Ares Finance Co. LLC** <br>4.125% due 06/30/2051 •  | 100 | 76 |
| **Aviation Capital Group LLC**  |  |  |
| 3.500% due 11/01/2027  | 3100 | 2712 |
| 4.125% due 08/01/2025  | 943 | 881 |
| 4.375% due 01/30/2024  | 5527 | 5391 |
| 4.875% due 10/01/2025  | 1500 | 1415 |
| **Avolon Holdings Funding Ltd.**  |  |  |
| 2.528% due 11/18/2027  | 21478 | 17199 |
| 3.950% due 07/01/2024  | 4500 | 4310 |
| 4.250% due 04/15/2026  | 1573 | 1428 |
| 5.250% due 05/15/2024  | 1786 | 1751 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Banco** **Bilbao Vizcaya Argentaria SA** <br>0.875% due 09/18/2023 | 14500 | 14046 |
| **Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa** <br>4.375% due 04/11/2027 | 1700 | 1605 |
| **Bangkok Bank PCL** <br>3.466% due 09/23/2036 •  | 200 | 157 |
| **Bank of America Corp.**  |  |  |
| 1.319% due 06/19/2026 •  | 15000 | 13521 |
| 1.486% due 05/19/2024 •  | 1950 | 1920 |
| 1.898% due 07/23/2031 •  | 3200 | 2463 |
| 1.922% due 10/24/2031 •  | 4000 | 3064 |
| 2.299% due 07/21/2032 •  | 1200 | 927 |
| 2.572% due 10/20/2032 •  | 200 | 157 |
| 3.824% due 01/20/2028 •  | 5000 | 4673 |
| 4.571% due 04/27/2033 •  | 1800 | 1652 |
| 5.015% due 07/22/2033 •  | 900 | 857 |
| 5.285% (US0003M + 0.960%) due 07/23/2024 ~  | 3600 | 3601 |
| **Bank of Ireland Group PLC** <br>6.253% due 09/16/2026 •  | 3300 | 3276 |
| **Bank of Nova Scotia** <br>4.376% (SOFRRATE + 0.380%) due 07/31/2024 ~ | 7000 | 6927 |
| **Banque Federative du Credit Mutuel SA** <br>0.650% due 02/27/2024 | 1480 | 1402 |
| **Barclays PLC**  |  |  |
| 2.645% due 06/24/2031 •  | 14600 | 11422 |
| 4.338% due 05/16/2024 •  | 700 | 695 |
| 4.375% due 01/12/2026  | 5500 | 5328 |
| 5.088% due 06/20/2030 •  | 2800 | 2585 |
| 5.200% due 05/12/2026  | 1300 | 1266 |
| 6.024% (US0003M + 1.380%) due 05/16/2024 ~  | 26243 | 26244 |
| **BGC Partners, Inc.**  |  |  |
| 4.375% due 12/15/2025  | 6200 | 5816 |
| 5.375% due 07/24/2023  | 11500 | 11448 |
| **Blackstone Holdings Finance Co. LLC**  |  |  |
| 1.600% due 03/30/2031  | 800 | 583 |
| 1.625% due 08/05/2028  | 7200 | 5874 |
| 2.500% due 01/10/2030  | 1200 | 977 |
| **Blackstone Private Credit Fund** <br>2.350% due 11/22/2024 | 4100 | 3755 |
| **Blue Owl Finance LLC**  |  |  |
| 3.125% due 06/10/2031  | 100 | 74 |
| 4.125% due 10/07/2051  | 2300 | 1361 |
| **BNP Paribas SA**  |  |  |
| 2.219% due 06/09/2026 •  | 18600 | 17094 |
| 2.591% due 01/20/2028 •  | 5000 | 4404 |
| 4.705% due 01/10/2025 •  | 14800 | 14658 |
| 6.625% due 03/25/2024 •(e)  | 5250 | 5091 |
| **BPCE SA**  |  |  |
| 4.500% due 03/15/2025  | 3700 | 3557 |
| 4.625% due 07/11/2024  | 3000 | 2921 |
| **Brandywine Operating Partnership LP** <br>3.950% due 11/15/2027 | 100 | 84 |
| **Brookfield Finance, Inc.** <br>3.900% due 01/25/2028 | 2300 | 2113 |
| **Canadian Imperial Bank of Commerce** <br>4.706% (SOFRRATE + 0.400%) due 12/14/2023 ~ | 12290 | 12250 |
| **Cantor Fitzgerald LP** <br>4.500% due 04/14/2027 | 700 | 650 |
| **Carlyle Finance LLC** <br>5.650% due 09/15/2048 | 150 | 134 |
| **CI Financial Corp.**  |  |  |
| 3.200% due 12/17/2030  | 2100 | 1597 |
| 4.100% due 06/15/2051  | 1500 | 889 |
| **Citibank NA** <br>3.650% due 01/23/2024 | 500 | 493 |
| **Citigroup, Inc.**  |  |  |
| 3.057% due 01/25/2033 •(g)  | 5000 | 4048 |
| 3.668% due 07/24/2028 •  | 9 | 8 |
| 5.750% (US0003M + 1.100%) due 05/17/2024 ~  | 1000 | 1002 |
| 6.270% due 11/17/2033 •(g)  | 4600 | 4760 |
| **Citizens Bank NA**  |  |  |
| 2.250% due 04/28/2025  | 1000 | 932 |
| 3.750% due 02/18/2026  | 1170 | 1123 |
| **CK Hutchison International Ltd.** <br>3.250% due 04/11/2024 | 600 | 586 |
| **Corporate Office Properties LP** <br>2.250% due 03/15/2026 | 5600 | 4917 |
| **Credit Agricole SA** <br>4.125% due 01/10/2027 | 9800 | 9318 |
| **Credit Suisse AG**  |  |  |
| 3.625% due 09/09/2024  | 2600 | 2426 |
| 6.500% due 08/08/2023 (f)  | 30688 | 29789 |
| **Credit Suisse Group AG**  |  |  |
| 2.593% due 09/11/2025 •  | 13300 | 11766 |
| 3.091% due 05/14/2032 •  | 11600 | 8038 |
| 3.750% due 03/26/2025  | 13650 | 12296 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.869% due 01/12/2029 •  | 2200 | 1767 |
| 4.207% due 06/12/2024 •  | 1600 | 1560 |
| 4.550% due 04/17/2026  | 600 | 530 |
| 5.975% (US0003M + 1.240%) due 06/12/2024 ~  | 1000 | 947 |
| 6.442% due 08/11/2028 •  | 2900 | 2645 |
| 6.537% due 08/12/2033 •  | 550 | 484 |
| **Crown Castle, Inc.** <br>2.100% due 04/01/2031 | 200 | 158 |
| **CubeSmart LP**  |  |  |
| 3.000% due 02/15/2030  | 2100 | 1753 |
| 3.125% due 09/01/2026  | 2600 | 2391 |
| 4.000% due 11/15/2025  | 2183 | 2099 |
| 4.375% due 02/15/2029  | 7650 | 7072 |
| **DAE Sukuk Difc Ltd.** <br>3.750% due 02/15/2026 | 7900 | 7514 |
| **Deutsche Bank AG**  |  |  |
| 2.222% due 09/18/2024 •  | 55100 | 53232 |
| 3.547% due 09/18/2031 •  | 2100 | 1688 |
| 3.961% due 11/26/2025 •  | 1800 | 1721 |
| **Discover Bank** <br>4.200% due 08/08/2023 | 4460 | 4432 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 5200 | 4191 |
| **EPR Properties**  |  |  |
| 3.600% due 11/15/2031  | 200 | 145 |
| 3.750% due 08/15/2029  | 2000 | 1570 |
| 4.500% due 04/01/2025  | 3500 | 3323 |
| 4.500% due 06/01/2027  | 300 | 263 |
| 4.750% due 12/15/2026  | 8200 | 7379 |
| 4.950% due 04/15/2028  | 700 | 598 |
| **Equitable Financial Life Global Funding** <br>1.800% due 03/08/2028 | 7000 | 5834 |
| **Essex Portfolio LP**  |  |  |
| 3.000% due 01/15/2030  | 4200 | 3561 |
| 3.375% due 04/15/2026  | 820 | 772 |
| 3.875% due 05/01/2024  | 2890 | 2831 |
| **Extra Space Storage LP** <br>2.350% due 03/15/2032 | 1600 | 1215 |
| **Fairfax Financial Holdings Ltd.** <br>4.625% due 04/29/2030 | 4300 | 3911 |
| **Federal Realty Investment Trust**  |  |  |
| 3.250% due 07/15/2027  | 2500 | 2301 |
| 3.500% due 06/01/2030  | 1693 | 1453 |
| **Fidelity National Financial, Inc.** <br>2.450% due 03/15/2031 | 900 | 689 |
| **First American Financial Corp.**  |  |  |
| 2.400% due 08/15/2031  | 2268 | 1663 |
| 4.300% due 02/01/2023  | 4297 | 4293 |
| **FMR LLC**  |  |  |
| 4.950% due 02/01/2033  | 1600 | 1490 |
| 5.150% due 02/01/2043  | 300 | 265 |
| **Ford Motor Credit Co. LLC** <br>5.584% due 03/18/2024 | 13300 | 13154 |
| **FS KKR Capital Corp.**  |  |  |
| 1.650% due 10/12/2024  | 7100 | 6413 |
| 2.625% due 01/15/2027  | 100 | 84 |
| **GA Global Funding Trust**  |  |  |
| 1.625% due 01/15/2026  | 1500 | 1333 |
| 3.850% due 04/11/2025  | 2000 | 1916 |
| **General Motors Financial Co., Inc.** <br>4.738% (US0003M + 0.990%) due 01/05/2023 ~ | 130 | 130 |
| **Global Atlantic Fin Co.** <br>4.400% due 10/15/2029 | 200 | 168 |
| **GLP Capital LP**  |  |  |
| 3.350% due 09/01/2024  | 2380 | 2285 |
| 4.000% due 01/15/2030  | 2700 | 2369 |
| 4.000% due 01/15/2031  | 6200 | 5329 |
| 5.300% due 01/15/2029  | 2800 | 2655 |
| 5.375% due 11/01/2023  | 2600 | 2595 |
| 5.375% due 04/15/2026  | 100 | 98 |
| 5.750% due 06/01/2028  | 1200 | 1182 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 3.800% due 03/15/2030  | 100 | 90 |
| 5.776% (US0003M + 1.170%) due 05/15/2026 ~  | 5000 | 4969 |
| 6.162% (SOFRRATE + 1.850%) due 03/15/2028 ~  | 600 | 591 |
| **Golub Capital BDC, Inc.** <br>2.050% due 02/15/2027 | 3400 | 2769 |
| **Goodman HK Finance** <br>4.375% due 06/19/2024 | 900 | 880 |
| **Goodman U.S. Finance Four LLC** <br>4.500% due 10/15/2037 | 2125 | 1787 |
| **Goodman U.S. Finance Three LLC** <br>3.700% due 03/15/2028 | 15600 | 14104 |
| **Growthpoint Properties International Pty. Ltd.** <br>5.872% due 05/02/2023 | 1900 | 1893 |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Guardian** **Life Global Funding**  |  |  |
| 1.625% due 09/16/2028  | 100 | 84 |
| 2.900% due 05/06/2024  | 3100 | 3012 |
| **Hanover Insurance Group, Inc.** <br>2.500% due 09/01/2030 | 1500 | 1156 |
| **Healthcare Realty Holdings LP** <br>3.875% due 05/01/2025 | 160 | 153 |
| **Healthpeak Properties, Inc.** <br>2.875% due 01/15/2031 | 100 | 84 |
| **Highwoods Realty LP**  |  |  |
| 2.600% due 02/01/2031  | 1000 | 750 |
| 3.050% due 02/15/2030  | 3500 | 2796 |
| **Host Hotels & Resorts LP**  |  |  |
| 3.375% due 12/15/2029  | 3700 | 3101 |
| 3.500% due 09/15/2030  | 1700 | 1407 |
| 4.000% due 06/15/2025  | 400 | 385 |
| **HSBC Holdings PLC**  |  |  |
| 2.013% due 09/22/2028 •  | 1200 | 1005 |
| 2.099% due 06/04/2026 •  | 4700 | 4281 |
| 2.848% due 06/04/2031 •  | 500 | 400 |
| 4.600% due 12/17/2030 •(e)  | 4100 | 3200 |
| 4.700% due 03/09/2031 •(e)  | 5900 | 4690 |
| 5.696% (SOFRRATE + 1.430%) due 03/10/2026 ~  | 2000 | 1976 |
| 6.500% due 09/15/2037  | 500 | 483 |
| **Hudson Pacific Properties LP**  |  |  |
| 3.250% due 01/15/2030  | 1100 | 836 |
| 3.950% due 11/01/2027  | 7700 | 6563 |
| 4.650% due 04/01/2029  | 3600 | 3082 |
| **Indian Railway Finance Corp. Ltd.** <br>3.249% due 02/13/2030 | 2400 | 2078 |
| **ING Groep NV**  |  |  |
| 3.875% due 05/16/2027 •(e)(f)  | 200 | 147 |
| 4.250% due 05/16/2031 •(e)(f)  | 5800 | 3995 |
| 5.754% (US0003M + 1.000%) due 10/02/2023 ~  | 3330 | 3339 |
| **Intesa Sanpaolo SpA**  |  |  |
| 3.250% due 09/23/2024  | 3200 | 3037 |
| 5.017% due 06/26/2024  | 1660 | 1597 |
| **Invitation Homes Operating Partnership LP**  |  |  |
| 2.000% due 08/15/2031  | 4421 | 3277 |
| 2.300% due 11/15/2028  | 1800 | 1492 |
| **Jackson National Life Global Funding** <br>3.050% due 04/29/2026 | 440 | 411 |
| **JPMorgan Chase & Co.**  |  |  |
| 1.514% due 06/01/2024 •  | 5000 | 4919 |
| 1.764% due 11/19/2031 •  | 1500 | 1140 |
| 2.301% due 10/15/2025 •  | 5100 | 4809 |
| 2.545% due 11/08/2032 •  | 7800 | 6185 |
| 2.580% due 04/22/2032 •  | 1100 | 884 |
| 2.947% due 02/24/2028 •  | 600 | 544 |
| 4.778% (SOFRRATE + 0.885%) due 04/22/2027 ~  | 1000 | 979 |
| 5.215% (US0003M + 0.890%) due 07/23/2024 ~  | 7590 | 7602 |
| 5.274% (SOFRRATE + 1.320%) due 04/26/2026 ~  | 4300 | 4263 |
| 5.546% due 12/15/2025 •  | 1900 | 1901 |
| 8.750% due 09/01/2030  | 75 | 88 |
| **Kilroy Realty LP**  |  |  |
| 3.050% due 02/15/2030  | 7533 | 6042 |
| 4.375% due 10/01/2025  | 4300 | 4172 |
| 4.750% due 12/15/2028  | 300 | 273 |
| **LeasePlan Corp. NV** <br>2.875% due 10/24/2024 | 3400 | 3193 |
| **Legg Mason, Inc.** <br>5.625% due 01/15/2044 | 1000 | 979 |
| **Life Storage LP**  |  |  |
| 3.875% due 12/15/2027  | 2700 | 2503 |
| 4.000% due 06/15/2029  | 1475 | 1325 |
| **Lloyds Bank PLC** <br>0.000% due 04/02/2032 þ | 2400 | 1469 |
| **Lloyds Banking Group PLC**  |  |  |
| 0.695% due 05/11/2024 •  | 1800 | 1766 |
| 3.750% due 01/11/2027  | 12600 | 11738 |
| 4.450% due 05/08/2025  | 16700 | 16395 |
| 4.550% due 08/16/2028  | 1600 | 1508 |
| **Loews Corp.** <br>3.200% due 05/15/2030 | 2900 | 2564 |
| **LXP Industrial Trust** <br>2.700% due 09/15/2030 | 2400 | 1918 |
| **Macquarie Group Ltd.** <br>1.935% due 04/14/2028 •  | 1000 | 847 |
| **MassMutual Global Funding**  |  |  |
| 0.480% due 08/28/2023  | 800 | 777 |
| 2.750% due 06/22/2024  | 700 | 676 |
| **Meiji Yasuda Life Insurance Co.** <br>5.100% due 04/26/2048 •  | 600 | 576 |
| **Metropolitan Life Global Funding** <br>4.623% (SOFRRATE + 0.300%) due 09/27/2024 ~ | 550 | 544 |

---

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Mid** **-America Apartments LP**  |  |  |
| 1.100% due 09/15/2026  | 4600 | 3984 |
| 3.750% due 06/15/2024  | 1000 | 980 |
| 3.950% due 03/15/2029  | 2747 | 2584 |
| 4.200% due 06/15/2028  | 3500 | 3326 |
| **Mitsubishi HC Capital, Inc.** <br>3.559% due 02/28/2024 | 340 | 332 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 1.412% due 07/17/2025  | 12000 | 10908 |
| 2.494% due 10/13/2032 •  | 3100 | 2423 |
| 4.080% due 04/19/2028 •  | 600 | 567 |
| 5.063% due 09/12/2025 •  | 5200 | 5166 |
| 5.354% due 09/13/2028 •  | 1100 | 1093 |
| **Mizuho Financial Group Cayman Ltd.** <br>4.600% due 03/27/2024 (f) | 5850 | 5748 |
| **Mizuho Financial Group, Inc.**  |  |  |
| 1.241% due 07/10/2024 •  | 16600 | 16201 |
| 2.869% due 09/13/2030 •  | 800 | 671 |
| 4.899% (US0003M + 0.990%) due 07/10/2024 ~  | 800 | 798 |
| 5.345% (US0003M + 0.610%) due 09/08/2024 ~  | 5000 | 4969 |
| 5.387% (US0003M + 0.630%) due 05/25/2024 ~  | 12600 | 12532 |
| **Morgan Stanley**  |  |  |
| 5.132% (SOFRRATE + 0.950%) due 02/18/2026 ~  | 2500 | 2462 |
| 5.770% (US0003M + 1.220%) due 05/08/2024 ~  | 5300 | 5310 |
| **Morgan Stanley Direct Lending Fund** <br>4.500% due 02/11/2027 | 2000 | 1850 |
| **Morgan Stanley Domestic Holdings, Inc.** <br>4.500% due 06/20/2028 | 1700 | 1656 |
| **MPT Operating Partnership LP**  |  |  |
| 3.500% due 03/15/2031  | 100 | 69 |
| 4.625% due 08/01/2029  | 2600 | 1987 |
| **National Health Investors, Inc.** <br>3.000% due 02/01/2031 | 2600 | 1880 |
| **National Securities Clearing Corp.** <br>0.750% due 12/07/2025 | 600 | 532 |
| **Nationwide Building Society**  |  |  |
| 3.766% due 03/08/2024 •  | 2465 | 2452 |
| 3.960% due 07/18/2030 •  | 8500 | 7376 |
| 4.302% due 03/08/2029 •  | 12200 | 11028 |
| 4.363% due 08/01/2024 •  | 9400 | 9279 |
| **Nationwide Financial Services, Inc.** <br>3.900% due 11/30/2049 | 1900 | 1332 |
| **Nationwide Mutual Insurance Co.** <br>9.375% due 08/15/2039 | 100 | 129 |
| **NatWest Group PLC**  |  |  |
| 4.269% due 03/22/2025 •  | 16389 | 16034 |
| 4.800% due 04/05/2026  | 500 | 490 |
| 5.076% due 01/27/2030 •  | 23000 | 21713 |
| 6.274% (US0003M + 1.550%) due 06/25/2024 ~  | 8200 | 8203 |
| **NatWest Markets PLC** <br>5.083% (SOFRRATE + 0.760%) due 09/29/2026 ~ | 2100 | 2007 |
| **Neuberger Berman Group LLC** <br>4.500% due 03/15/2027 | 884 | 842 |
| **Nippon Life Insurance Co.** <br>2.750% due 01/21/2051 •  | 200 | 161 |
| **Nissan Motor Acceptance Co. LLC**  |  |  |
| 1.050% due 03/08/2024  | 16000 | 14994 |
| 2.750% due 03/09/2028  | 200 | 162 |
| 3.875% due 09/21/2023  | 3700 | 3633 |
| **Nomura Holdings, Inc.**  |  |  |
| 1.653% due 07/14/2026  | 10300 | 8976 |
| 1.851% due 07/16/2025  | 4900 | 4471 |
| 2.679% due 07/16/2030  | 5000 | 4009 |
| 3.103% due 01/16/2030  | 3200 | 2676 |
| **Nordea Bank Abp** <br>5.675% (US0003M + 0.940%) due 08/30/2023 ~ | 1100 | 1101 |
| **Omega Healthcare Investors, Inc.**  |  |  |
| 4.375% due 08/01/2023  | 1346 | 1339 |
| 4.500% due 04/01/2027  | 2650 | 2486 |
| **Owl Rock Capital Corp.** <br>2.875% due 06/11/2028 | 2600 | 2046 |
| **Pacific Life Global Funding II**  |  |  |
| 1.600% due 09/21/2028  | 4900 | 3974 |
| 4.867% (SOFRRATE + 0.620%) due 06/04/2026 ~  | 1700 | 1633 |
| **Pacific Life Insurance Co.** <br>9.250% due 06/15/2039 | 600 | 795 |
| **Pacific LifeCorp** <br>3.350% due 09/15/2050 | 1000 | 683 |
| **Park Aerospace Holdings Ltd.**  |  |  |
| 4.500% due 03/15/2023  | 790 | 788 |
| 5.500% due 02/15/2024  | 191 | 189 |
| **Physicians Realty LP**  |  |  |
| 3.950% due 01/15/2028  | 1800 | 1647 |
| 4.300% due 03/15/2027  | 2575 | 2432 |
| **PNC Financial Services Group, Inc.** <br>6.000% due 05/15/2027 •(e) | 6500 | 6139 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Pricoa** **Global Funding** <br>0.800% due 09/01/2025 | 1530 | 1370 |
| **Principal Life Global Funding** <br>1.250% due 06/23/2025 | 1000 | 910 |
| **Prologis LP** <br>4.375% due 02/01/2029 | 800 | 765 |
| **Protective Life Global Funding**  |  |  |
| 1.170% due 07/15/2025  | 1500 | 1352 |
| 1.737% due 09/21/2030  | 4800 | 3665 |
| **Rayonier LP** <br>2.750% due 05/17/2031 | 4873 | 3927 |
| **Regency Centers LP** <br>2.950% due 09/15/2029 | 1800 | 1514 |
| **Rexford Industrial Realty LP** <br>2.125% due 12/01/2030 | 200 | 157 |
| **Sabra Health Care LP**  |  |  |
| 3.200% due 12/01/2031  | 2950 | 2202 |
| 3.900% due 10/15/2029  | 2300 | 1929 |
| **Santander Holdings USA, Inc.**  |  |  |
| 3.244% due 10/05/2026  | 8220 | 7640 |
| 3.450% due 06/02/2025  | 6500 | 6200 |
| 5.807% due 09/09/2026 •  | 500 | 497 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 2.896% due 03/15/2032 •  | 3000 | 2325 |
| 3.373% due 01/05/2024 •  | 800 | 800 |
| 3.823% due 11/03/2028 •  | 500 | 448 |
| 4.750% due 09/15/2025  | 3800 | 3624 |
| 4.796% due 11/15/2024 •  | 1100 | 1082 |
| **Santander U.K. PLC**  |  |  |
| 2.875% due 06/18/2024  | 5500 | 5314 |
| 5.000% due 11/07/2023  | 573 | 575 |
| **SBA Tower Trust** <br>1.631% due 05/15/2051 | 15600 | 13272 |
| **Sberbank of Russia Via SB Capital SA** <br>5.250% due 05/23/2023 ^(b)(f) | 1100 | 148 |
| **SMBC Aviation Capital Finance DAC**  |  |  |
| 3.550% due 04/15/2024  | 4955 | 4792 |
| 4.125% due 07/15/2023  | 4200 | 4157 |
| **Societe Generale SA**  |  |  |
| 1.792% due 06/09/2027 •  | 9800 | 8443 |
| 4.934% (SOFRRATE + 1.050%) due 01/21/2026 ~  | 1200 | 1159 |
| 6.221% due 06/15/2033 •  | 4500 | 4221 |
| **Spirit Realty LP**  |  |  |
| 2.100% due 03/15/2028  | 5100 | 4167 |
| 3.200% due 02/15/2031  | 1300 | 1041 |
| 4.000% due 07/15/2029  | 1700 | 1479 |
| **Standard Chartered PLC**  |  |  |
| 0.991% due 01/12/2025 •  | 6500 | 6144 |
| 2.678% due 06/29/2032 •  | 200 | 151 |
| **Stellantis Finance U.S., Inc.** <br>1.711% due 01/29/2027 | 2500 | 2149 |
| **Stifel Financial Corp.** <br>4.000% due 05/15/2030 | 100 | 87 |
| **STORE Capital Corp.**  |  |  |
| 2.750% due 11/18/2030  | 1000 | 770 |
| 4.625% due 03/15/2029  | 1500 | 1347 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 1.474% due 07/08/2025  | 14300 | 13043 |
| 1.902% due 09/17/2028  | 9700 | 8010 |
| **Sumitomo Mitsui Trust Bank Ltd.** <br>0.800% due 09/12/2023 | 4600 | 4463 |
| **Sun Communities Operating LP**  |  |  |
| 2.700% due 07/15/2031  | 100 | 79 |
| 4.200% due 04/15/2032  | 1900 | 1679 |
| **SVB Financial Group** <br>4.345% due 04/29/2028 •  | 2300 | 2178 |
| **Teachers Insurance & Annuity Association of America** <br>4.375% due 09/15/2054 •  | 2800 | 2680 |
| **Texas Capital Bancshares, Inc.** <br>4.000% due 05/06/2031 •  | 1040 | 924 |
| **Trust Fibra Uno** <br>4.869% due 01/15/2030 | 4500 | 3872 |
| **Trustage Financial Group, Inc.** <br>4.625% due 04/15/2032 | 9600 | 8305 |
| **UBS AG** <br>4.475% (SOFRRATE + 0.360%) due 02/09/2024 ~ | 11800 | 11746 |
| **UBS Group AG**  |  |  |
| 2.095% due 02/11/2032 •  | 200 | 151 |
| 2.746% due 02/11/2033 •  | 900 | 698 |
| 4.375% due 02/10/2031 •(e)  | 1700 | 1296 |
| 4.875% due 02/12/2027 •(e)  | 1400 | 1190 |
| **UDR, Inc.**  |  |  |
| 3.000% due 08/15/2031  | 8590 | 7185 |
| 3.100% due 11/01/2034  | 2200 | 1673 |
| 3.200% due 01/15/2030  | 2700 | 2349 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **UniCredit** **SpA**  |  |  |
| 5.459% due 06/30/2035 •  | 8800 | 7167 |
| 7.296% due 04/02/2034 •  | 6509 | 5977 |
| 7.830% due 12/04/2023  | 14800 | 14957 |
| **Unum Group** <br>3.875% due 11/05/2025 | 4760 | 4551 |
| **Vonovia Finance BV** <br>5.000% due 10/02/2023 | 6055 | 5975 |
| **WEA Finance LLC** <br>3.750% due 09/17/2024 | 6950 | 6573 |
| **Wells Fargo & Co.** <br>3.526% due 03/24/2028 •  | 4300 | 3990 |
| **Wells Fargo Bank NA** <br>6.600% due 01/15/2038 | 720 | 781 |
| **Weyerhaeuser Co.** <br>4.000% due 04/15/2030 | 12500 | 11411 |
| **WP Carey, Inc.**  |  |  |
| 4.000% due 02/01/2025  | 5200 | 5071 |
| 4.250% due 10/01/2026  | 2900 | 2797 |
|  |  | 1259245 |
| **INDUSTRIALS 26.8%**  |  |  |
| **AbbVie, Inc.**  |  |  |
| 2.950% due 11/21/2026  | 1100 | 1025 |
| 3.200% due 11/21/2029  | 3480 | 3145 |
| 4.050% due 11/21/2039  | 4400 | 3785 |
| 4.550% due 03/15/2035  | 1100 | 1033 |
| **Adani Transmission Step-One Ltd.** <br>4.000% due 08/03/2026 | 1600 | 1429 |
| **Air Canada Pass-Through Trust** <br>3.300% due 07/15/2031 | 3817 | 3268 |
| **Alaska Airlines Pass-Through Trust** <br>4.800% due 02/15/2029 | 5354 | 5106 |
| **Alcon Finance Corp.** <br>2.600% due 05/27/2030 | 7700 | 6559 |
| **Alibaba Group Holding Ltd.**  |  |  |
| 2.125% due 02/09/2031  | 200 | 160 |
| 2.700% due 02/09/2041  | 700 | 449 |
| 3.150% due 02/09/2051  | 200 | 125 |
| 4.500% due 11/28/2034  | 6750 | 6083 |
| **Allegion PLC** <br>3.500% due 10/01/2029 | 3000 | 2591 |
| **American Airlines Pass-Through Trust**  |  |  |
| 2.875% due 01/11/2036  | 100 | 81 |
| 3.000% due 04/15/2030  | 4691 | 4075 |
| 3.150% due 08/15/2033  | 4868 | 4042 |
| 3.350% due 04/15/2031  | 6959 | 6025 |
| 3.375% due 11/01/2028  | 751 | 628 |
| 3.575% due 07/15/2029  | 1786 | 1598 |
| 3.600% due 03/22/2029  | 3937 | 3539 |
| 3.700% due 04/01/2028  | 432 | 373 |
| **Amgen, Inc.** <br>4.050% due 08/18/2029 | 400 | 375 |
| **AP Moller - Maersk AS** <br>3.875% due 09/28/2025 | 1430 | 1380 |
| **Arrow Electronics, Inc.** <br>4.500% due 03/01/2023 | 9220 | 9201 |
| **Ashtead Capital, Inc.** <br>4.000% due 05/01/2028 | 4000 | 3654 |
| **Bacardi Ltd.**  |  |  |
| 4.450% due 05/15/2025  | 9100 | 8838 |
| 5.150% due 05/15/2038  | 200 | 182 |
| **BAE Systems PLC** <br>3.400% due 04/15/2030 | 800 | 708 |
| **BAT International Finance PLC** <br>1.668% due 03/25/2026 | 900 | 798 |
| **Baxter International, Inc.**  |  |  |
| 1.322% due 11/29/2024  | 2500 | 2329 |
| 2.272% due 12/01/2028  | 700 | 598 |
| **Bayer U.S. Finance LLC**  |  |  |
| 3.875% due 12/15/2023  | 1900 | 1873 |
| 4.250% due 12/15/2025  | 7500 | 7275 |
| 4.375% due 12/15/2028  | 2300 | 2164 |
| **Becton Dickinson & Co.** <br>4.298% due 08/22/2032 | 1200 | 1127 |
| **Berry Global, Inc.** <br>4.875% due 07/15/2026 | 14400 | 13897 |
| **Boardwalk Pipelines LP** <br>3.600% due 09/01/2032 | 700 | 581 |
| **Boeing Co.**  |  |  |
| 1.875% due 06/15/2023  | 2125 | 2093 |
| 2.196% due 02/04/2026  | 23400 | 21286 |
| 2.800% due 03/01/2024  | 1080 | 1048 |
| 2.950% due 02/01/2030  | 300 | 255 |
| 5.705% due 05/01/2040  | 4500 | 4310 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.930% due 05/01/2060  | 10000 | 9163 |
| **British Airways Pass-Through Trust**  |  |  |
| 2.900% due 09/15/2036  | 98 | 80 |
| 3.300% due 06/15/2034  | 89 | 76 |
| 3.350% due 12/15/2030  | 4075 | 3527 |
| 3.800% due 03/20/2033  | 1511 | 1365 |
| 4.125% due 03/20/2033  | 1881 | 1570 |
| 4.250% due 05/15/2034  | 269 | 241 |
| **Broadcom, Inc.**  |  |  |
| 2.450% due 02/15/2031  | 37220 | 29402 |
| 2.600% due 02/15/2033  | 9200 | 6930 |
| 3.419% due 04/15/2033  | 7343 | 5907 |
| 3.469% due 04/15/2034  | 20567 | 16468 |
| 4.150% due 11/15/2030  | 7422 | 6669 |
| 4.300% due 11/15/2032  | 8002 | 7075 |
| 4.926% due 05/15/2037  | 13049 | 11430 |
| **Cameron LNG LLC** <br>3.402% due 01/15/2038 | 100 | 82 |
| **CDW LLC** <br>2.670% due 12/01/2026 | 2500 | 2224 |
| **CGI, Inc.**  |  |  |
| 1.450% due 09/14/2026  | 9500 | 8414 |
| 2.300% due 09/14/2031  | 100 | 76 |
| **Charter Communications Operating LLC**  |  |  |
| 3.500% due 06/01/2041  | 8500 | 5566 |
| 3.850% due 04/01/2061  | 500 | 291 |
| 3.900% due 06/01/2052  | 8600 | 5431 |
| 5.125% due 07/01/2049  | 2000 | 1520 |
| **Cheniere Corpus Christi Holdings LLC**  |  |  |
| 3.700% due 11/15/2029  | 700 | 634 |
| 5.875% due 03/31/2025  | 1400 | 1409 |
| **Constellation Brands, Inc.**  |  |  |
| 2.250% due 08/01/2031  | 100 | 80 |
| 4.750% due 11/15/2024  | 900 | 894 |
| **Continental Resources, Inc.** <br>5.750% due 01/15/2031 | 1000 | 933 |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | 3000 | 2457 |
| **Cox Communications, Inc.**  |  |  |
| 1.800% due 10/01/2030  | 4400 | 3356 |
| 3.150% due 08/15/2024  | 552 | 532 |
| 3.500% due 08/15/2027  | 300 | 279 |
| **Crown Castle Towers LLC** <br>4.241% due 07/15/2048 | 900 | 820 |
| **CVS Pass-Through Trust** <br>7.507% due 01/10/2032 | 1308 | 1361 |
| **DAE Funding LLC**  |  |  |
| 2.625% due 03/20/2025  | 4200 | 3935 |
| 3.375% due 03/20/2028  | 400 | 356 |
| **Daimler Trucks Finance North America LLC**  |  |  |
| 1.625% due 12/13/2024  | 2000 | 1858 |
| 4.918% (SOFRRATE + 0.600%) due 12/14/2023 ~  | 7000 | 6959 |
| **DCP Midstream Operating LP**  |  |  |
| 3.250% due 02/15/2032  | 3700 | 3066 |
| 5.375% due 07/15/2025  | 15150 | 15034 |
| 5.600% due 04/01/2044  | 1070 | 1000 |
| **Dell International LLC**  |  |  |
| 5.450% due 06/15/2023  | 73 | 73 |
| 6.100% due 07/15/2027  | 855 | 880 |
| 8.350% due 07/15/2046  | 124 | 142 |
| **Delta Air Lines, Inc.**  |  |  |
| 2.900% due 10/28/2024  | 11345 | 10766 |
| 3.750% due 10/28/2029  | 6500 | 5414 |
| 7.375% due 01/15/2026  | 1104 | 1130 |
| **Devon Energy Corp.** <br>5.250% due 09/15/2024 | 6300 | 6309 |
| **Diageo Capital PLC** <br>3.500% due 09/18/2023 | 3750 | 3714 |
| **Ecopetrol SA** <br>4.625% due 11/02/2031 | 100 | 77 |
| **Energy Transfer LP**  |  |  |
| 4.900% due 03/15/2035  | 50 | 45 |
| 5.750% due 02/15/2033  | 1800 | 1765 |
| 5.950% due 12/01/2025  | 1100 | 1117 |
| 7.600% due 02/01/2024  | 7900 | 8034 |
| **Eni SpA** <br>4.000% due 09/12/2023 | 1500 | 1479 |
| **EQM Midstream Partners LP** <br>4.000% due 08/01/2024 | 898 | 864 |
| **Expedia Group, Inc.**  |  |  |
| 2.950% due 03/15/2031  | 2116 | 1707 |
| 3.250% due 02/15/2030  | 3000 | 2551 |
| 6.250% due 05/01/2025  | 12213 | 12326 |
| **Experian Finance PLC** <br>2.750% due 03/08/2030 | 500 | 415 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **FactSet** **Research Systems, Inc.**  |  |  |
| 2.900% due 03/01/2027  | 2500 | 2273 |
| 3.450% due 03/01/2032  | 500 | 421 |
| **Ferguson Finance PLC** <br>3.250% due 06/02/2030 | 1100 | 935 |
| **Flex Intermediate Holdco LLC** <br>3.363% due 06/30/2031 | 9700 | 7594 |
| **Flex Ltd.** <br>3.750% due 02/01/2026 | 1066 | 1008 |
| **Fresenius Medical Care U.S. Finance, Inc.**  |  |  |
| 1.875% due 12/01/2026  | 8500 | 7219 |
| 2.375% due 02/16/2031  | 200 | 147 |
| **Georgia-Pacific LLC**  |  |  |
| 3.600% due 03/01/2025  | 600 | 581 |
| 8.000% due 01/15/2024  | 200 | 206 |
| **GSK Consumer Healthcare Capital U.S. LLC** <br>3.375% due 03/24/2027 | 3250 | 3030 |
| **GTL Trade Finance, Inc.** <br>7.250% due 04/16/2044 (i) | 500 | 568 |
| **HCA, Inc.**  |  |  |
| 3.500% due 09/01/2030  | 5000 | 4324 |
| 5.500% due 06/15/2047  | 100 | 89 |
| **HF Sinclair Corp.**  |  |  |
| 2.625% due 10/01/2023  | 7200 | 7052 |
| 5.875% due 04/01/2026  | 4500 | 4509 |
| **Humana, Inc.** <br>5.875% due 03/01/2033 | 2100 | 2175 |
| **Hyatt Hotels Corp.**  |  |  |
| 1.800% due 10/01/2024  | 9900 | 9283 |
| 6.000% due 04/23/2030  | 7100 | 6962 |
| **Hyundai Capital America**  |  |  |
| 0.875% due 06/14/2024  | 500 | 467 |
| 1.500% due 06/15/2026  | 2000 | 1735 |
| **Imperial Brands Finance PLC**  |  |  |
| 3.125% due 07/26/2024  | 9330 | 8925 |
| 4.250% due 07/21/2025  | 4174 | 3990 |
| **Infor, Inc.** <br>1.750% due 07/15/2025 | 3800 | 3437 |
| **JetBlue Pass-Through Trust** <br>2.750% due 11/15/2033 | 2251 | 1853 |
| **Kaiser Foundation Hospitals** <br>2.810% due 06/01/2041 | 100 | 73 |
| **Kinder Morgan, Inc.** <br>8.050% due 10/15/2030 | 7150 | 7775 |
| **Las Vegas Sands Corp.**  |  |  |
| 2.900% due 06/25/2025  | 900 | 828 |
| 3.200% due 08/08/2024  | 19150 | 18112 |
| **Level 3 Financing, Inc.** <br>3.400% due 03/01/2027 | 5575 | 4721 |
| **Marriott International, Inc.**  |  |  |
| 4.150% due 12/01/2023  | 12000 | 11876 |
| 4.625% due 06/15/2030  | 3900 | 3649 |
| **MDC Holdings, Inc.** <br>3.966% due 08/06/2061 | 200 | 112 |
| **Microchip Technology, Inc.** <br>0.983% due 09/01/2024 | 300 | 278 |
| **Mileage Plus Holdings LLC** <br>6.500% due 06/20/2027 | 5940 | 5919 |
| **MMK International Capital DAC** <br>4.375% due 06/13/2024 ^(b) | 1400 | 490 |
| **Moody's Corp.**  |  |  |
| 3.250% due 05/20/2050  | 600 | 417 |
| 4.875% due 02/15/2024  | 525 | 524 |
| **National Fuel Gas Co.** <br>2.950% due 03/01/2031 | 1600 | 1257 |
| **Netflix, Inc.**  |  |  |
| 4.375% due 11/15/2026  | 3700 | 3568 |
| 4.875% due 04/15/2028  | 2800 | 2710 |
| 4.875% due 06/15/2030  | 3000 | 2803 |
| 5.375% due 11/15/2029  | 3525 | 3425 |
| 5.875% due 11/15/2028  | 700 | 711 |
| **Newcrest Finance Pty. Ltd.** <br>5.750% due 11/15/2041 | 100 | 92 |
| **Nissan Motor Co. Ltd.**  |  |  |
| 3.043% due 09/15/2023  | 6690 | 6557 |
| 4.345% due 09/17/2027  | 8400 | 7630 |
| 4.810% due 09/17/2030  | 15438 | 13136 |
| **Norfolk Southern Corp.** <br>4.100% due 05/15/2121 | 100 | 70 |
| **Northern Natural Gas Co.**  |  |  |
| 4.100% due 09/15/2042  | 580 | 441 |
| 4.300% due 01/15/2049  | 200 | 160 |
| **Northwest Pipeline LLC** <br>4.000% due 04/01/2027 | 5770 | 5464 |
| **NVR, Inc.** <br>3.000% due 05/15/2030 | 2760 | 2323 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **NXP** **BV** <br>5.000% due 01/15/2033 | 700 | 663 |
| **Odebrecht Oil & Gas Finance Ltd.** <br>0.000% due 01/30/2023 (c)(e) | 408 | 1 |
| **ONEOK Partners LP** <br>4.900% due 03/15/2025 | 800 | 789 |
| **Oracle Corp.** <br>1.650% due 03/25/2026 (g) | 6800 | 6095 |
| **Pacific National Finance Pty. Ltd.** <br>4.750% due 03/22/2028 | 900 | 799 |
| **Packaging Corp. of America** <br>3.650% due 09/15/2024 | 400 | 390 |
| **Penske Truck Leasing Co. LP** <br>3.950% due 03/10/2025 | 4550 | 4387 |
| **Phosagro OAO Via Phosagro Bond Funding DAC** <br>3.949% due 04/24/2023 ^(b) | 1500 | 1162 |
| **Prosus NV** <br>3.680% due 01/21/2030 | 1700 | 1417 |
| **PulteGroup, Inc.** <br>6.375% due 05/15/2033 | 100 | 100 |
| **Quanta Services, Inc.** <br>2.900% due 10/01/2030 | 200 | 165 |
| **QVC, Inc.** <br>5.450% due 08/15/2034 | 260 | 136 |
| **RELX Capital, Inc.**  |  |  |
| 3.000% due 05/22/2030  | 100 | 85 |
| 4.750% due 05/20/2032  | 800 | 771 |
| **Renesas Electronics Corp.** <br>1.543% due 11/26/2024 | 5600 | 5138 |
| **Sabine Pass Liquefaction LLC**  |  |  |
| 4.200% due 03/15/2028  | 700 | 659 |
| 4.500% due 05/15/2030  | 15700 | 14590 |
| 5.625% due 03/01/2025  | 3667 | 3675 |
| 5.750% due 05/15/2024  | 4770 | 4774 |
| 5.875% due 06/30/2026  | 10400 | 10535 |
| **Sands China Ltd.**  |  |  |
| 2.800% due 03/08/2027  | 3300 | 2831 |
| 3.350% due 03/08/2029  | 4500 | 3682 |
| 3.750% due 08/08/2031  | 3600 | 2838 |
| 4.300% due 01/08/2026  | 2000 | 1848 |
| 4.875% due 06/18/2030  | 3100 | 2728 |
| 5.625% due 08/08/2025  | 3100 | 2968 |
| 5.900% due 08/08/2028  | 4300 | 4032 |
| **Santos Finance Ltd.** <br>3.649% due 04/29/2031 | 5700 | 4536 |
| **Skyworks Solutions, Inc.** <br>1.800% due 06/01/2026 | 2400 | 2112 |
| **Southern Co.**  |  |  |
| 3.700% due 04/30/2030  | 7800 | 7058 |
| 4.250% due 07/01/2036  | 100 | 88 |
| **Spectra Energy Partners LP** <br>3.375% due 10/15/2026 | 3598 | 3353 |
| **Spirit AeroSystems, Inc.** <br>3.850% due 06/15/2026 | 200 | 181 |
| **Spirit Airlines Pass-Through Trust**  |  |  |
| 3.650% due 08/15/2031  | 2940 | 2387 |
| 4.100% due 10/01/2029  | 122 | 109 |
| **Sprint Spectrum Co. LLC** <br>4.738% due 09/20/2029 | 619 | 612 |
| **Suntory Holdings Ltd.** <br>2.250% due 10/16/2024 | 3500 | 3284 |
| **Syngenta Finance NV**  |  |  |
| 4.441% due 04/24/2023  | 4725 | 4704 |
| 4.892% due 04/24/2025  | 4469 | 4332 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.250% due 11/15/2031  | 10000 | 7891 |
| 2.400% due 03/15/2029  | 4300 | 3637 |
| 2.700% due 03/15/2032  | 7900 | 6404 |
| 3.875% due 04/15/2030  | 14800 | 13441 |
| 4.500% due 04/15/2050  | 700 | 579 |
| **TD SYNNEX Corp.**  |  |  |
| 1.250% due 08/09/2024  | 16000 | 14869 |
| 1.750% due 08/09/2026  | 7225 | 6150 |
| 2.375% due 08/09/2028  | 100 | 81 |
| **Tencent Holdings Ltd.**  |  |  |
| 2.880% due 04/22/2031  | 1700 | 1417 |
| 3.595% due 01/19/2028  | 3900 | 3581 |
| **Tennessee Gas Pipeline Co. LLC** <br>2.900% due 03/01/2030 | 5000 | 4199 |
| **Textron, Inc.** <br>3.375% due 03/01/2028 | 1500 | 1367 |
| **Time Warner Cable LLC**  |  |  |
| 6.550% due 05/01/2037  | 1900 | 1816 |
| 6.750% due 06/15/2039  | 1200 | 1141 |
| **Tyson Foods, Inc.** <br>3.900% due 09/28/2023 | 1200 | 1189 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **U** **.S. Airways Pass-Through Trust** <br>7.125% due 04/22/2025 | 769 | 774 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 3328 | 2695 |
| 2.875% due 04/07/2030  | 662 | 564 |
| 2.900% due 11/01/2029  | 3001 | 2415 |
| 3.500% due 09/01/2031  | 629 | 544 |
| 4.000% due 10/11/2027  | 706 | 657 |
| 4.150% due 10/11/2025  | 3479 | 3372 |
| 4.150% due 02/25/2033  | 1469 | 1304 |
| 4.300% due 02/15/2027  | 724 | 674 |
| 5.875% due 04/15/2029  | 10907 | 10769 |
| **VMware, Inc.**  |  |  |
| 1.400% due 08/15/2026  | 3700 | 3230 |
| 4.700% due 05/15/2030  | 5780 | 5390 |
| **Warnermedia Holdings, Inc.** <br>4.279% due 03/15/2032 | 7450 | 6156 |
| **Weir Group PLC** <br>2.200% due 05/13/2026 | 20300 | 18027 |
| **Westinghouse Air Brake Technologies Corp.**  |  |  |
| 3.200% due 06/15/2025  | 3677 | 3465 |
| 4.950% due 09/15/2028  | 8003 | 7699 |
| **Woodside Finance Ltd.**  |  |  |
| 3.650% due 03/05/2025  | 1300 | 1249 |
| 3.700% due 09/15/2026  | 2500 | 2341 |
| **Wyeth LLC** <br>7.250% due 03/01/2023 | 8000 | 8032 |
| **Yale University** <br>1.482% due 04/15/2030 | 2000 | 1606 |
| **Yara International ASA**  |  |  |
| 3.148% due 06/04/2030  | 810 | 651 |
| 3.800% due 06/06/2026  | 3600 | 3323 |
| 4.750% due 06/01/2028  | 2700 | 2488 |
|  |  | 815474 |
| **UTILITIES 9.8%**  |  |  |
| **AES Corp.**  |  |  |
| 3.300% due 07/15/2025  | 2000 | 1889 |
| 3.950% due 07/15/2030  | 2000 | 1773 |
| **American Transmission Systems, Inc.** <br>2.650% due 01/15/2032 | 2200 | 1811 |
| **AT&T, Inc.**  |  |  |
| 3.800% due 12/01/2057  | 407 | 283 |
| 4.300% due 02/15/2030  | 3000 | 2832 |
| **Avangrid, Inc.** <br>3.800% due 06/01/2029 | 800 | 729 |
| **Baltimore Gas & Electric Co.** <br>2.400% due 08/15/2026 | 5900 | 5448 |
| **Black Hills Corp.** <br>2.500% due 06/15/2030 | 2200 | 1771 |
| **Boston Gas Co.** <br>4.487% due 02/15/2042 | 1400 | 1179 |
| **Cleveland Electric Illuminating Co.** <br>4.550% due 11/15/2030 | 300 | 281 |
| **Duke Energy Corp.**  |  |  |
| 3.250% due 01/15/2082 •  | 1002 | 733 |
| 3.950% due 10/15/2023  | 500 | 495 |
| **Duke Energy Ohio, Inc.** <br>6.900% due 06/01/2025 | 5221 | 5447 |
| **Edison International** <br>6.950% due 11/15/2029 | 2500 | 2617 |
| **EDP Finance BV** <br>6.300% due 10/11/2027 | 3700 | 3812 |
| **Electricite de France SA** <br>6.950% due 01/26/2039 | 1400 | 1452 |
| **Enel Finance America LLC** <br>7.100% due 10/14/2027 | 1200 | 1243 |
| **Enel Finance International NV**  |  |  |
| 1.375% due 07/12/2026  | 7200 | 6213 |
| 2.650% due 09/10/2024  | 1960 | 1877 |
| 4.750% due 05/25/2047  | 200 | 158 |
| **Entergy Corp.**  |  |  |
| 1.900% due 06/15/2028  | 9900 | 8387 |
| 2.400% due 06/15/2031  | 3500 | 2789 |
| 3.750% due 06/15/2050  | 2900 | 2149 |
| **Exelon Corp.** <br>3.400% due 04/15/2026 | 700 | 665 |
| **Fells Point Funding Trust** <br>3.046% due 01/31/2027 | 3400 | 3099 |
| **FirstEnergy Transmission LLC** <br>2.866% due 09/15/2028 | 8300 | 7258 |
| **Gazprom PJSC via Gaz Finance PLC**  |  |  |
| 2.950% due 01/27/2029  | 13200 | 9175 |
| 3.000% due 06/29/2027  | 7300 | 5219 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **IPALCO** **Enterprises, Inc.**  |  |  |
| 3.700% due 09/01/2024  | 506 | 491 |
| 4.250% due 05/01/2030  | 3787 | 3373 |
| **Jersey Central Power & Light Co.** <br>4.300% due 01/15/2026 | 8684 | 8397 |
| **Mid-Atlantic Interstate Transmission LLC** <br>4.100% due 05/15/2028 | 400 | 377 |
| **Midwest Connector Capital Co. LLC**  |  |  |
| 3.900% due 04/01/2024  | 3616 | 3503 |
| 4.625% due 04/01/2029  | 1200 | 1087 |
| **Mississippi Power Co.** <br>3.950% due 03/30/2028 | 100 | 94 |
| **Monongahela Power Co.** <br>3.550% due 05/15/2027 | 3195 | 3008 |
| **National Rural Utilities Cooperative Finance Corp.** <br>5.450% due 10/30/2025 | 5313 | 5382 |
| **New York State Electric & Gas Corp.** <br>3.300% due 09/15/2049 | 200 | 135 |
| **NGPL PipeCo LLC** <br>4.875% due 08/15/2027 | 1295 | 1232 |
| **Niagara Mohawk Power Corp.**  |  |  |
| 3.508% due 10/01/2024  | 10000 | 9614 |
| 4.278% due 12/15/2028  | 5000 | 4619 |
| **Odebrecht Offshore Drilling Finance Ltd. (6.720% Cash and 1.000% PIK)** <br>7.720% due 12/01/2026 ^(a) | 3564 | 953 |
| **Ohio Edison Co.** <br>6.875% due 07/15/2036 | 1100 | 1192 |
| **ONEOK, Inc.**  |  |  |
| 2.750% due 09/01/2024  | 4000 | 3832 |
| 4.550% due 07/15/2028  | 900 | 851 |
| 6.000% due 06/15/2035  | 100 | 96 |
| 6.100% due 11/15/2032  | 4500 | 4514 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.100% due 08/01/2027  | 3700 | 3166 |
| 2.950% due 03/01/2026  | 3800 | 3487 |
| 3.000% due 06/15/2028  | 9500 | 8231 |
| 3.150% due 01/01/2026  | 2400 | 2233 |
| 3.250% due 06/15/2023  | 1000 | 989 |
| 3.250% due 06/01/2031  | 3500 | 2853 |
| 3.300% due 12/01/2027  | 1500 | 1326 |
| 3.400% due 08/15/2024  | 3800 | 3649 |
| 3.450% due 07/01/2025  | 9765 | 9253 |
| 3.500% due 06/15/2025  | 20300 | 19171 |
| 3.750% due 02/15/2024  | 12900 | 12639 |
| 3.750% due 07/01/2028  | 3015 | 2680 |
| 3.850% due 11/15/2023  | 7347 | 7245 |
| 4.200% due 03/01/2029  | 10000 | 8950 |
| 4.250% due 08/01/2023  | 16703 | 16621 |
| 4.500% due 12/15/2041  | 4969 | 3526 |
| 4.550% due 07/01/2030  | 503 | 457 |
| 4.650% due 08/01/2028  | 400 | 369 |
| 4.950% due 06/08/2025  | 3400 | 3351 |
| 5.450% due 06/15/2027  | 2500 | 2469 |
| **Public Service Co. of Oklahoma** <br>6.625% due 11/15/2037 | 2200 | 2316 |
| **Rio Oil Finance Trust**  |  |  |
| 9.250% due 07/06/2024  | 502 | 510 |
| 9.750% due 01/06/2027  | 901 | 937 |
| **San Diego Gas & Electric Co.** <br>3.000% due 03/15/2032 | 3000 | 2572 |
| **Sempra Energy**  |  |  |
| 4.125% due 04/01/2052 •  | 1200 | 935 |
| 6.000% due 10/15/2039  | 800 | 812 |
| **Southern California Edison Co.**  |  |  |
| 0.700% due 08/01/2023  | 10100 | 9841 |
| 2.850% due 08/01/2029  | 2000 | 1742 |
| 3.400% due 06/01/2023  | 100 | 99 |
| 3.900% due 12/01/2041  | 400 | 302 |
| 4.875% due 03/01/2049  | 4277 | 3783 |
| 4.963% (SOFRRATE + 0.640%) due 04/03/2023 ~  | 1820 | 1817 |
| 5.153% (SOFRRATE + 0.830%) due 04/01/2024 ~  | 2700 | 2681 |
| 5.850% due 11/01/2027  | 4900 | 5052 |
| 5.950% due 11/01/2032  | 3200 | 3391 |
| 6.650% due 04/01/2029  | 4500 | 4652 |
| **Southern California Gas Co.** <br>3.950% due 02/15/2050 | 2100 | 1640 |
| **Southern Co. Gas Capital Corp.** <br>4.400% due 05/30/2047 | 300 | 239 |
| **System Energy Resources, Inc.** <br>2.140% due 12/09/2025 | 3300 | 3022 |
| **Toledo Edison Co.** <br>2.650% due 05/01/2028 | 2833 | 2480 |
| **Trans-Allegheny Interstate Line Co.** <br>3.850% due 06/01/2025 | 400 | 386 |
| **Verizon Communications, Inc.**  |  |  |
| 2.850% due 09/03/2041  | 150 | 104 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2.987% due 10/30/2056  | 669 | 411 |
| 4.823% (SOFRRATE + 0.500%) due 03/22/2024 ~  | 500 | 496 |
| **Xcel Energy, Inc.** <br>3.400% due 06/01/2030 | 1100 | 984 |
|  |  | 297403 |
| Total Corporate Bonds & Notes (Cost $2,637,348) |  | 2372122 |
| **CONVERTIBLE BONDS & NOTES 0.0%**  |  |  |
| **INDUSTRIALS 0.0%**  |  |  |
| **Southwest Airlines Co.** <br>1.250% due 05/01/2025 | 1000 | 1205 |
| Total Convertible Bonds & Notes (Cost $1,247) |  | 1205 |
| **MUNICIPAL BONDS & NOTES 0.7%**  |  |  |
| **CALIFORNIA 0.1%**  |  |  |
| **Alameda County, California Joint Powers Authority Revenue Bonds, (BABs), Series 2010** <br>7.046% due 12/01/2044 | 100 | 121 |
| **Los Angeles County, California Public Works Financing Authority Revenue Bonds, (BABs), Series 2010** <br>7.618% due 08/01/2040 | 100 | 123 |
| **Los Angeles Department of Water & Power System, California Revenue Bonds, (BABs), Series 2009** <br>6.008% due 07/01/2039 | 600 | 649 |
| **Napa Valley Unified School District, California General Obligation Bonds, (BABs), Series 2010** <br>6.507% due 08/01/2043 | 300 | 332 |
| **Riverside, California Electric Revenue Bonds, (BABs), Series 2010** <br>7.605% due 10/01/2040 | 300 | 364 |
|  |  | 1589 |
| **GEORGIA 0.3%**  |  |  |
| **Municipal Electric Authority of Georgia Revenue Bonds, (BABs), Series 2010** <br>6.655% due 04/01/2057 | 8349 | 9035 |
| **ILLINOIS 0.0%**  |  |  |
| **Chicago Transit Authority, Illinois Revenue Bonds, (BABs), Series 2010** <br>6.200% due 12/01/2040 | 625 | 674 |
| **MASSACHUSETTS 0.0%**  |  |  |
| **Massachusetts School Building Authority Revenue Bonds, Series 2010** <br>5.468% due 06/15/2027 | 300 | 305 |
| **NEW YORK 0.0%**  |  |  |
| **New York State Urban Development Corp. Revenue Bonds, (BABs), Series 2009** <br>5.770% due 03/15/2039 | 300 | 308 |
| **OHIO 0.3%**  |  |  |
| **American Municipal Power, Inc., Ohio Revenue Bonds, (BABs), Series 2010** <br>8.084% due 02/15/2050 | 6210 | 8008 |
| Total Municipal Bonds & Notes (Cost $23,130) |  | 19919 |
| **U.S. GOVERNMENT AGENCIES 6.2%**  |  |  |
| **Ginnie Mae**<br>8.500% due 08/15/2030 | 6 | 7 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.500% due 08/01/2047 - 08/01/2048 | 3190 | 2954 |
| 4.000% due 08/01/2049 | 951 | 903 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 02/01/2053  | 42500 | 37341 |
| 4.000% due 02/01/2053 - 03/01/2053 | 138450 | 129910 |
| 5.000% due 01/01/2053 - 02/01/2053 | 17500 | 17246 |
| Total U.S. Government Agencies (Cost $190,463) |  | 188361 |
| **U.S. TREASURY OBLIGATIONS 5.3%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.750% due 08/15/2041 | 7100 | 4862 |
| 2.250% due 02/15/2052 | 19200 | 13359 |
| 2.875% due 05/15/2052 | 1557 | 1248 |
| 3.000% due 11/15/2044 | 18813 | 15544 |
| 3.250% due 05/15/2042 | 8900 | 7807 |
| 3.375% due 08/15/2042 | 33300 | 29773 |
| **U.S. Treasury Notes**  |  |  |
| 0.125% due 08/31/2023 (k)(m) | 90000 | 87285 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total U.S. Treasury Obligations (Cost $167,201) |  | 159878 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.5%**  |  |  |
| **DC Office Trust** <br>2.965% due 09/15/2045 | 10500 | 8378 |
| **Mill City Mortgage Loan Trust** <br>2.750% due 08/25/2059 ~ | 304 | 286 |
| **New Residential Mortgage Loan Trust** <br>2.750% due 07/25/2059 ~ | 5883 | 5494 |
| **Structured Asset Mortgage Investments Trust** <br>5.039% due 03/19/2034 ~ | 269 | 245 |
| Total Non-Agency Mortgage-Backed Securities (Cost $17,267) |  | 14403 |
| **ASSET-BACKED SECURITIES 0.3%**  |  |  |
| **BPCRE Holder LLC** <br>6.725% due 01/16/2037 •  | 3000 | 2961 |
| **MF1 Ltd.** <br>5.176% due 02/19/2037 ~ | 3000 | 2890 |
| **RBSSP Resecuritization Trust** <br>4.176% due 11/26/2036 ~ | 286 | 279 |
| **Start Ltd.** <br>4.089% due 03/15/2044 | 491 | 419 |
| **Vertical Bridge Holdings LLC** <br>2.636% due 09/15/2050 | 4200 | 3752 |
| Total Asset-Backed Securities (Cost $10,778) |  | 10301 |
| **SOVEREIGN ISSUES 0.7%**  |  |  |
| **Emirate of Abu Dhabi Government International Bond** <br>3.125% due 04/16/2030 | 2500 | 2326 |
| **Qatar Government International Bond** <br>3.750% due 04/16/2030 | 4300 | 4174 |
| **Russia Government International Bond**  |  |  |
| 4.250% due 06/23/2027 ^(b)  | 1000 | 350 |
| 4.750% due 05/27/2026 ^(b)  | 1400 | 490 |
| 5.250% due 06/23/2047 ^(b)  | 2000 | 740 |
| 5.625% due 04/04/2042 ^(b)  | 400 | 254 |
| 5.875% due 09/16/2043 ^(b)  | 200 | 119 |
| **Saudi Government International Bond** <br>2.250% due 02/02/2033 | 9300 | 7572 |
| **South Africa Government International Bond** <br>4.850% due 09/30/2029 | 6000 | 5370 |
| Total Sovereign Issues (Cost $24,821) |  | 21395 |
|  | SHARES |  |
| **CONVERTIBLE PREFERRED SECURITIES 0.5%**  |  |  |
| **BANKING & FINANCE 0.5%**  |  |  |
| **Wells Fargo & Co.**<br>7.500% | 13190 | 15630 |
| Total Convertible Preferred Securities (Cost $10,405) |  | 15630 |
| **PREFERRED SECURITIES 4.7%**  |  |  |
| **BANKING & FINANCE 4.5%**  |  |  |
| **AGFC Capital Trust**<br>5.829% (US0003M + 1.750%) due 01/15/2067 ~ | 3080000 | 1727 |
| **American Express Co.**<br>3.550% due 09/15/2026 •(e) | 2400000 | 1976 |
| **Bank of America Corp.**  |  |  |
| 4.375% due 01/27/2027 •(e) | 6700000 | 5712 |
| 5.125% due 06/20/2024 •(e) | 8900000 | 8310 |
| 5.875% due 03/15/2028 •(e) | 21585000 | 19141 |
| 6.125% due 04/27/2027 •(e) | 4000000 | 3916 |
| **Capital One Financial Corp.**<br>3.950% due 09/01/2026 •(e) | 4900000 | 3870 |
| **Charles Schwab Corp.**  |  |  |
| 4.000% due 12/01/2030 •(e) | 10100000 | 8051 |
| 5.000% due 12/01/2027 •(e) | 700000 | 586 |
| 5.375% due 06/01/2025 •(e) | 1800000 | 1767 |
| **Citigroup, Inc.**  |  |  |
| 3.875% due 02/18/2026 •(e) | 12500000 | 10701 |
| 4.000% due 12/10/2025 •(e) | 2700000 | 2360 |
| **CoBank ACB**  |  |  |
| 4.250% due 01/01/2027 •(e) | 4200000 | 3588 |
| 6.200% (US0003M + 3.744%) due 01/01/2025 ~(e) | 30000 | 2888 |
| **Depository Trust & Clearing Corp.**<br>3.375% due 06/20/2026 •(e) | 2000000 | 1605 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **HSBC** **Capital Funding LP**<br>10.176% due 06/30/2030 •(e) | 4850000 | 5844 |
| **JPMorgan Chase & Co.**  |  |  |
| 3.650% due 06/01/2026 •(e) | 6400000 | 5456 |
| 4.000% due 04/01/2025 •(e) | 11800000 | 10100 |
| 4.200% due 09/01/2026 (e) | 250000 | 4363 |
| 4.600% due 02/01/2025 •(e) | 4400000 | 3921 |
| 4.625% due 06/01/2026 (e) | 110000 | 2072 |
| 5.000% due 08/01/2024 •(e) | 6200000 | 5714 |
| **PNC Financial Services Group, Inc.**<br>3.400% due 09/15/2026 •(e) | 2900000 | 2300 |
| **State Street Corp.**<br>5.625% due 12/15/2023 •(e) | 1900000 | 1766 |
| **SVB Financial Group**<br>4.100% due 02/15/2031 •(e) | 5700000 | 3319 |
| **Truist Financial Corp.**<br>5.100% due 03/01/2030 •(e) | 3600000 | 3351 |
| **USB Capital**<br>5.099% due 01/30/2023 •(e) | 14250000 | 11267 |
|  |  | 135671 |
| **INDUSTRIALS 0.2%**  |  |  |
| **General Electric Co.**<br>8.099% (US0003M + 3.330%) due 03/15/2023 ~(e) | 5700000 | 5654 |
| Total Preferred Securities (Cost $165,090) |  | 141325 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 1.0%**  |  |  |
| **COMMERCIAL PAPER 0.9%**  |  |  |
| **American Electric Power Co., Inc.** <br>4.800% due 01/04/2023 | $5900 | 5896 |
| **Crown Castle, Inc.** <br>5.100% due 01/05/2023 | 14000 | 13989 |
| **Enbridge (US), Inc.** <br>4.750% due 01/09/2023 | 500 | 499 |
| **Tampa Electric Co.** <br>4.800% due 01/12/2023 | 4500 | 4493 |
| **Vodafone Group PLC** <br>4.600% due 01/05/2023 | 3700 | 3697 |
|  |  | 28574 |
| **REPURCHASE AGREEMENTS (h) 0.1%** |  | 3316 |
| **U.S. TREASURY BILLS 0.0%**  |  |  |
| 3.323% due 01/10/2023 (c)(d)(m) | 747 | 746 |
| Total Short-Term Instruments (Cost $32,652) |  | 32636 |
| Total Investments in Securities (Cost $3,294,107) |  | 2990086 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 4.2%**  |  |  |
| **SHORT-TERM INSTRUMENTS 4.2%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 4.2%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 13061522 | 126906 |
| Total Short-Term Instruments (Cost $126,853) |  | 126906 |
| Total Investments in Affiliates (Cost $126,853) |  | 126906 |
| Total Investments 102.6% (Cost $3,420,960) |  | $3116992 |
| **Financial Derivative Instruments (j)(l) (0.0)**%(Cost or Premiums, net $4,314) |  | (1047) |
| Other Assets and Liabilities, net (2.6)% |  | (77110) |
| Net Assets 100.0% |  | $3038835 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(b)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** |
| **(e)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(f)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(g)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Coupon | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Citigroup, Inc. | Citigroup, Inc. | 3.057 | 01/25/2033 | 10/19/2022 | 10/19/2022 | 3845 | 3845 | 4048 | 4048 | 0.13 |
| Citigroup, Inc. | Citigroup, Inc. | 6.270 | 11/17/2033 | 11/09/2022 | 11/09/2022 | 4600 | 4600 | 4760 | 4760 | 0.16 |
| Oracle Corp. | Oracle Corp. | 1.650 | 03/25/2026 | 03/22/2021 | 03/22/2021 | 6798 | 6798 | 6095 | 6095 | 0.20 |
|  |  |  |  |  | $ | 15243 | $ | 14903 | 0.49%  | 0.49%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(h)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | 01/03/2023 | 3316 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | (3383) | 3316 | $ | $3316 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  | **(3383)** | **3316** | **$** | $**3316** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| NOM | NOM | 2.250%  | 2.250%  | 12/16/2022 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | (558) | (558) | (558) | (558) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  | **(558)** | **(558)** | **(558)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Payable for<br>Short Sales | Payable for<br>Short Sales |
| U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% | U.S. Government Agencies (0.5)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 01/01/2053 | $ | 16900 | (13674) | $ | $(13755) |
| **Total Short Sales (0.5)%** | **Total Short Sales (0.5)%** | **Total Short Sales (0.5)%** | **Total Short Sales (0.5)%** | **Total Short Sales (0.5)%** |  |  |  | **(13674)** | **$** | $**(13755)** |
| **(i)** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $568 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(6210) at a weighted average interest rate of 0.298%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(3)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(j)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2024 | 03/2024 | 127 | 30312 | 30312 | $59 | 59 | 59 | 0 | 0 | 0 | (14) |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2023 | 06/2023 | 127 | 30189 | 30189 | (1) | (1) | (1) | 0 | 0 | 0 | (8) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **58** | **58** | **$** | **0** | **0** | **$** | **(22)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(3)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| Citigroup, Inc.  | (1.000)% | Quarterly | 12/20/2032 | 1.236 | % | $5000 | 204 | $ | (115) | $ | 89 | 89 | 0 | 0 | 0 |
| ConocoPhillips  | (1.000) | Quarterly | 12/20/2024 | 0.293 |  | 2500 | 0 |  | (34) |  | (34) | (34) | 0 | 0 | 0 |
| JPMorgan Chase & Co.  | (1.000) | Quarterly | 12/20/2032 | 1.050 |  | 7500 | 161 |  | (134) |  | 27 | 27 | 3 | 3 | 0 |
|  |  |  |  |  |  |  | $365 | 365 | (283) | (283) | 82 | 82 | $3 | 3 | $0 |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(3)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| AES Corp.  | 5.000% | Quarterly | 06/20/2026 | 1.034 | % | $5000 | 1022 | $ | (381) | $ | 641 | 641 | 0 | 0 | (2) |
| American International Group, Inc.  | 1.000 | Quarterly | 12/20/2027 | 0.956 |  | 2500 | (15) |  | 21 |  | 6 | 6 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | Quarterly | 06/20/2024 | 0.901 |  | 5800 | 24 |  | (14) |  | 10 | 10 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | Quarterly | 12/20/2024 | 0.918 |  | 16200 | 206 |  | (175) |  | 31 | 31 | 0 | 0 | (1) |
| AT&T, Inc.  | 1.000 | Quarterly | 06/20/2025 | 0.947 |  | 1770 | (45) |  | 48 |  | 3 | 3 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | Quarterly | 06/20/2026 | 0.998 |  | 10700 | 206 |  | (201) |  | 5 | 5 | 0 | 0 | (2) |
| Boeing Co.  | 1.000 | Quarterly | 06/20/2023 | 0.709 |  | 700 | 6 |  | (5) |  | 1 | 1 | 0 | 0 | 0 |
| Boeing Co.  | 1.000 | Quarterly | 12/20/2023 | 0.847 |  | 2500 | (14) |  | 19 |  | 5 | 5 | 0 | 0 | 0 |
| Boeing Co.  | 1.000 | Quarterly | 12/20/2024 | 1.077 |  | 9900 | (174) |  | 164 |  | (10) | (10) | 0 | 0 | (1) |
| Boeing Co.  | 1.000 | Quarterly | 06/20/2026 | 1.265 |  | 800 | (6) |  | 0 |  | (6) | (6) | 0 | 0 | 0 |
| Boeing Co.  | 1.000 | Quarterly | 12/20/2026 | 1.297 |  | 17300 | (84) |  | (92) |  | (176) | (176) | 7 | 7 | 0 |
| Ford Motor Credit Co. LLC  | 5.000 | Quarterly | 12/20/2023 | 2.093 |  | 2800 | 378 |  | (296) |  | 82 | 82 | 1 | 1 | 0 |
| General Electric Co.  | 1.000 | Quarterly | 06/20/2026 | 0.801 |  | 61400 | 473 |  | (58) |  | 415 | 415 | 0 | 0 | (31) |
| General Electric Co.  | 1.000 | Quarterly | 12/20/2026 | 0.870 |  | 7800 | 92 |  | (52) |  | 40 | 40 | 1 | 1 | 0 |
| General Motors Co.  | 5.000 | Quarterly | 12/20/2026 | 1.964 |  | 9600 | 1878 |  | (836) |  | 1042 | 1042 | 2 | 2 | 0 |
| Lennar Corp.  | 5.000 | Quarterly | 12/20/2026 | 1.196 |  | 4200 | 867 |  | (286) |  | 581 | 581 | 3 | 3 | 0 |
| MetLife, Inc.  | 1.000 | Quarterly | 12/20/2024 | 0.369 |  | 17700 | 302 |  | (84) |  | 218 | 218 | 3 | 3 | 0 |
| NextEra Energy Capital Holdings, Inc.  | 1.000 | Quarterly | 06/20/2026 | 0.572 |  | 2600 | 59 |  | (22) |  | 37 | 37 | 1 | 1 | 0 |
| Verizon Communications, Inc.  | 1.000 | Quarterly | 06/20/2026 | 0.979 |  | 2400 | 54 |  | (52) |  | 2 | 2 | 0 | 0 | (1) |
| Verizon Communications, Inc.  | 1.000 | Quarterly | 12/20/2026 | 1.009 |  | 5200 | 121 |  | (121) |  | 0 | 0 | 0 | 0 | 0 |
| Verizon Communications, Inc.  | 1.000 | Quarterly | 12/20/2027 | 1.123 |  | 1400 | (16) |  | 9 |  | (7) | (7) | 0 | 0 | 0 |
|  |  |  |  |  |  |  | $5334 | 5334 | (2414) | (2414) | 2920 | 2920 | $18 | 18 | $(38) |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> |  | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset |  | Liability |
| CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | 1.000% | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 10000 | $ | 45 | 45 | 38 | 38 | 83 | 83 | 83 | 0 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.050% | Annual | Annual | 12/14/2052 | $9300 | 9300 | (56) | (56) | $348 | 348 | $292 | 292 | 292 | $44 | 44 | $0 |
| Pay | Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.270 | Semi-Annual | Semi-Annual | 11/04/2023 | 297200 | 297200 | (602) | (602) | (10397) | (10397) | (10999) | (10999) | (10999) | 0 | 0 | (171) |
|  |  |  |  |  |  |  |  |  | $ | (658) | (658) | (10049) | (10049) | (10707) | (10707) | (10707) | 44 | $ | (171) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **5086** | **5086** | **(12708)** | **(12708)** | **(7622)** | **(7622)** | **(7622)** | **65** | **$** | **(209)** |
| **(k)** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $3,424 and cash of $65,321 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **(l)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Counterparty | Description | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | BOA | BOA | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.870% | 2.870% | 01/23/2023 | 01/23/2023 | 1700 | 1700 | $(13) | (13) | (13) | $ | (5) |
|  |  |  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.320 | 3.320 | 01/23/2023 | 01/23/2023 | 1700 | 1700 | (13) | (13) | (13) |  | (21) |
| BPS | BPS | BPS | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.900 | 2.900 | 01/17/2023 | 01/17/2023 | 3000 | 3000 | (12) | (12) | (12) |  | 0 |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.400 | 3.400 | 01/17/2023 | 01/17/2023 | 3000 | 3000 | (12) | (12) | (12) |  | (50) |
|  |  |  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.610 | 2.610 | 01/17/2023 | 01/17/2023 | 1500 | 1500 | (14) | (14) | (14) |  | 0 |
|  |  |  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.110 | 3.110 | 01/17/2023 | 01/17/2023 | 1500 | 1500 | (14) | (14) | (14) |  | (43) |
| GLM | GLM | GLM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.000 | 3.000 | 01/12/2023 | 01/12/2023 | 3800 | 3800 | (21) | (21) | (21) |  | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.550 | 3.550 | 01/12/2023 | 01/12/2023 | 3800 | 3800 | (21) | (21) | (21) |  | (32) |
|  |  |  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.740 | 2.740 | 01/19/2023 | 01/19/2023 | 1400 | 1400 | (12) | (12) | (12) |  | (1) |
|  |  |  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.180 | 3.180 | 01/19/2023 | 01/19/2023 | 1400 | 1400 | (12) | (12) | (12) |  | (31) |
| MYC | MYC | MYC | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.070 | 3.070 | 01/23/2023 | 01/23/2023 | 3100 | 3100 | (15) | (15) | (15) |  | (3) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.520 | 3.520 | 01/23/2023 | 01/23/2023 | 3100 | 3100 | (15) | (15) | (15) |  | (37) |
|  |  |  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.600 | 2.600 | 01/17/2023 | 01/17/2023 | 1500 | 1500 | (12) | (12) | (12) |  | 0 |
|  |  |  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.050 | 3.050 | 01/17/2023 | 01/17/2023 | 1500 | 1500 | (11) | (11) | (11) |  | (55) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(197) | (197) | (197) | $ | (279) |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** |
| Counterparty | Counterparty | Counterparty | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date |  | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| BOA | BOA | BOA | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | $101.891 | 101.891 | 01/05/2023 |  | 2400 | $ | (7) | (7) | $0 | 0 |
|  |  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 99.813 | 99.813 | 02/06/2023 |  | 3400 |  | (23) | (23) | (22) | (22) |
|  |  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 101.813 | 101.813 | 02/06/2023 |  | 3400 |  | (21) | (21) | (7) | (7) |
| JPM | JPM | JPM | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | 97.000 | 97.000 | 03/06/2023 |  | 6700 |  | (58) | (58) | (103) | (103) |
|  |  |  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | 98.766 | 98.766 | 03/06/2023 |  | 1600 |  | (13) | (13) | (22) | (22) |
|  |  |  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | 100.766 | 100.766 | 03/06/2023 |  | 1600 |  | (11) | (11) | (5) | (5) |
| SAL | SAL | SAL | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | 101.859 | 101.859 | 01/05/2023 |  | 2900 |  | (9) | (9) | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | $ | (142) | (142) | $(159) | (159) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(339)** | **(339)** | $**(438)** | **(438)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(3)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | BOA | Italy Government International Bond  | Italy Government International Bond  | 1.000% | Quarterly | 06/20/2024 | 0.239% | 0.239% | $2000 | $(42) | (42) | $65 | $23 | 23 | $0 |
|  |  | Italy Government International Bond  | Italy Government International Bond  | 1.000 | Quarterly | 06/20/2025 | 0.806 | 0.806 | 2000 | (32) | (32) | 42 | 10 | 10 | 0 |
| BRC | BRC | Huarong Finance Co. Ltd.  | Huarong Finance Co. Ltd.  | 1.000 | Quarterly | 12/20/2024 | 2.588 | 2.588 | 1200 | (43) | (43) | 9 | 0 | 0 | (34) |
|  |  | Italy Government International Bond  | Italy Government International Bond  | 1.000 | Quarterly | 06/20/2024 | 0.239 | 0.239 | 1900 | (41) | (41) | 62 | 21 | 21 | 0 |
|  |  | Italy Government International Bond  | Italy Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 0.272 | 0.272 | 4500 | 13 | 13 | 51 | 64 | 64 | 0 |
|  |  | NextEra Energy Capital Holdings, Inc.  | NextEra Energy Capital Holdings, Inc.  | 1.000 | Quarterly | 12/20/2025 | 0.500 | 0.500 | 1400 | 30 | 30 | (10) | 20 | 20 | 0 |
|  |  | Pertamina Persero PT  | Pertamina Persero PT  | 1.000 | Quarterly | 12/20/2024 | 0.462 | 0.462 | 1800 | (18) | (18) | 37 | 19 | 19 | 0 |
|  |  | South Africa Government International Bond  | South Africa Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 1.304 | 1.304 | 600 | (23) | (23) | 20 | 0 | 0 | (3) |
| FBF | FBF | Italy Government International Bond  | Italy Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 0.272 | 0.272 | 2000 | 5 | 5 | 23 | 28 | 28 | 0 |
| GST | GST | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2023 | 0.336 | 0.336 | 500 | (5) | (5) | 7 | 2 | 2 | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 0.640 | 0.640 | 400 | (3) | (3) | 6 | 3 | 3 | 0 |
|  |  | South Africa Government International Bond  | South Africa Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 1.304 | 1.304 | 2000 | (80) | (80) | 69 | 0 | 0 | (11) |
| HUS | HUS | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2023 | 0.480 | 0.480 | 1600 | (25) | (25) | 34 | 9 | 9 | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2024 | 0.588 | 0.588 | 300 | (4) | (4) | 6 | 2 | 2 | 0 |
| JPM | JPM | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2023 | 0.480 | 0.480 | 600 | (12) | (12) | 15 | 3 | 3 | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.961 | 0.961 | 200 | (2) | (2) | 2 | 0 | 0 | 0 |
|  |  | Nissan Motor Acceptance Co. LLC  | Nissan Motor Acceptance Co. LLC  | 1.000 | Quarterly | 12/20/2026 | 2.446 | 2.446 | 11400 | (145) | (145) | (427) | 0 | 0 | (572) |
| MYC | MYC | Brookfield Asset Management, Inc.  | Brookfield Asset Management, Inc.  | 1.000 | Quarterly | 06/20/2025 | 1.616 | 1.616 | 1400 | 0 | 0 | (19) | 0 | 0 | (19) |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 0.640 | 0.640 | 300 | (3) | (3) | 5 | 2 | 2 | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 1.048 | 1.048 | 500 | 1 | 1 | (2) | 0 | 0 | (1) |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 1.191 | 1.191 | 1200 | (4) | (4) | (5) | 0 | 0 | (9) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(433)** | **(433)** | $**(10)** | $**206** | **206** | $**(649)** |
| **(m)** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $896 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |
| Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 12/31/2022 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | $0 | $6469 | $6442 | $12911 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | 0 | 1259245 | 0 | 1259245 |
| Industrials | 0 | 815474 | 0 | 815474 |
| Utilities | 0 | 297403 | 0 | 297403 |
| Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes |
| Industrials | 0 | 1205 | 0 | 1205 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | 0 | 1589 | 0 | 1589 |
| Georgia | 0 | 9035 | 0 | 9035 |
| Illinois | 0 | 674 | 0 | 674 |
| Massachusetts | 0 | 305 | 0 | 305 |
| New York | 0 | 308 | 0 | 308 |
| Ohio | 0 | 8008 | 0 | 8008 |
| U.S. Government Agencies | 0 | 188361 | 0 | 188361 |
| U.S. Treasury Obligations | 0 | 159878 | 0 | 159878 |
| Non-Agency Mortgage-Backed Securities | 0 | 14403 | 0 | 14403 |
| Asset-Backed Securities | 0 | 10301 | 0 | 10301 |
| Sovereign Issues | 0 | 21395 | 0 | 21395 |
| Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities |
| Banking & Finance | 15630 | 0 | 0 | 15630 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | 6435 | 129236 | 0 | 135671 |
| Industrials | 0 | 5654 | 0 | 5654 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Commercial Paper | 0 | 28574 | 0 | 28574 |
| Repurchase Agreements | 0 | 3316 | 0 | 3316 |
| U.S. Treasury Bills | 0 | 746 | 0 | 746 |
|  | $22065 | $2961579 | $6442 | $2990086 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $126906 | $0 | $0 | $126906 |
| Total Investments | $148971 | $2961579 | $6442 | $3116992 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | $0 | $(13755) | $0 | $(13755) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 0 | 65 | 0 | 65 |
| Over the counter | 0 | 206 | 0 | 206 |
|  | $0 | $271 | $0 | $271 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | 0 | (231) | 0 | (231) |
| Over the counter | 0 | (1087) | 0 | (1087) |
|  | $0 | $(1318) | $0 | $(1318) |
| Total Financial Derivative Instruments | $0 | $(1047) | $0 | $(1047) |
| Totals | $148971 | $2946777 | $6442 | $3102190 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 120.3% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 1.1%**  |  |  |
| **Avolon TLB Borrower 1 (U.S.) LLC**<br>6.603% (LIBOR01M + 2.250%) due 12/01/2027 ~ | $3742 | $3741 |
| **Carnival Corp.**<br>7.384% (LIBOR01M + 3.000%) due 06/30/2025 ~ | 8482 | 8157 |
| **Castlelake LP**<br>2.950% (LIBOR03M + 2.950%) due 05/13/2031 «~ | 42102 | 38102 |
| **Catalent Pharma Solutions, Inc.**<br>6.375% (LIBOR01M + 2.000%) due 02/22/2028 ~ | 1975 | 1948 |
| **CenturyLink, Inc.**<br>6.634% (LIBOR01M + 2.250%) due 03/15/2027 ~ | 16751 | 15939 |
| **Charter Communications Operating LLC**<br>TBD% - 6.140% (LIBOR01M + 1.750%) due 02/01/2027 ~ | 56320 | 55081 |
| **Citadel Securities LP**<br>6.823% due 02/02/2028 | 5910 | 5812 |
| **Delos Finance SARL**<br>6.480% (LIBOR03M + 1.750%) due 10/06/2023 ~ | 17711 | 17708 |
| **DirecTV Financing LLC**<br>9.384% (LIBOR01M + 5.000%) due 08/02/2027 ~ | 758 | 739 |
| **DT Midstream, Inc.**<br>6.438% (LIBOR01M + 2.000%) due 06/26/2028 ~ | 2356 | 2363 |
| **HCA, Inc.**<br>6.134% (LIBOR01M + 1.750%) due 06/30/2028 ~ | 16745 | 16755 |
| **Qatar National Bank QPSC**<br>5.557% (LIBOR03M + 0.800%) due 11/06/2023 «~ | 22400 | 22316 |
| **Setanta Aircraft Leasing Designated Activity Co.**<br>6.730% (LIBOR03M + 2.000%) due 11/05/2028 ~ | 25000 | 24925 |
| **SkyMiles IP Ltd.**<br>7.993% (LIBOR03M + 3.750%) due 10/20/2027 ~ | 21800 | 22262 |
| **Standard Industries, Inc.**<br>6.425% (LIBOR06M + 2.250%) due 09/22/2028 ~ | 9958 | 9850 |
| **Zephyrus Capital Aviation Partners LLC**<br>4.605% due 10/15/2038 | 10278 | 8791 |
| Total Loan Participations and Assignments (Cost $262,005) |  | 254489 |
| **CORPORATE BONDS & NOTES 77.9%**  |  |  |
| **BANKING & FINANCE 26.3%**  |  |  |
| **Accident Fund Insurance Co. of America** <br>8.500% due 08/01/2032 | 103000 | 105759 |
| **AerCap Ireland Capital DAC**  |  |  |
| 3.000% due 10/29/2028  | 22300 | 18723 |
| 3.300% due 01/30/2032  | 16800 | 13175 |
| 3.850% due 10/29/2041  | 6200 | 4405 |
| 3.875% due 01/23/2028  | 150 | 135 |
| 4.125% due 07/03/2023  | 8645 | 8586 |
| 4.625% due 10/15/2027  | 16500 | 15351 |
| **Agree LP** <br>4.800% due 10/01/2032 | 5300 | 4919 |
| **AIA Group Ltd.**  |  |  |
| 3.200% due 09/16/2040  | 3900 | 2790 |
| 3.900% due 04/06/2028  | 2200 | 2070 |
| **Aircastle Ltd.** <br>2.850% due 01/26/2028 | 12500 | 10243 |
| **Alexandria Real Estate Equities, Inc.**  |  |  |
| 2.000% due 05/18/2032 (j)  | 13500 | 10373 |
| 3.000% due 05/18/2051  | 9500 | 6047 |
| 3.450% due 04/30/2025  | 700 | 678 |
| 3.550% due 03/15/2052  | 18300 | 13127 |
| 4.000% due 02/01/2050  | 13100 | 9989 |
| 4.850% due 04/15/2049  | 900 | 767 |
| **Alleghany Corp.** <br>4.900% due 09/15/2044 | 5400 | 4976 |
| **Ally Financial, Inc.**  |  |  |
| 2.200% due 11/02/2028  | 800 | 625 |
| 3.050% due 06/05/2023  | 22600 | 22348 |
| 8.000% due 11/01/2031  | 18415 | 19079 |
| **American Assets Trust LP** <br>3.375% due 02/01/2031 | 30500 | 24261 |
| **American Financial Group, Inc.** <br>4.500% due 06/15/2047 | 40300 | 32082 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **American** **Homes 4 Rent LP**  |  |  |
| 3.375% due 07/15/2051  | 10700 | 6703 |
| 3.625% due 04/15/2032  | 21500 | 18143 |
| 4.250% due 02/15/2028  | 7483 | 6932 |
| 4.300% due 04/15/2052  | 10700 | 7889 |
| 4.900% due 02/15/2029  | 11300 | 10703 |
| **American International Group, Inc.**  |  |  |
| 4.375% due 06/30/2050  | 6200 | 5277 |
| 4.750% due 04/01/2048  | 4000 | 3588 |
| 4.800% due 07/10/2045  | 1200 | 1083 |
| **American Tower Corp.**  |  |  |
| 0.950% due 10/05/2030  | 4300 | 3534 |
| 2.100% due 06/15/2030  | $17100 | 13573 |
| 2.950% due 01/15/2025  | 7500 | 7159 |
| 2.950% due 01/15/2051 (j)  | 40000 | 24932 |
| 3.100% due 06/15/2050  | 14059 | 8904 |
| 3.125% due 01/15/2027  | 16200 | 14867 |
| 3.375% due 10/15/2026  | 6487 | 6074 |
| 3.600% due 01/15/2028  | 2250 | 2072 |
| 3.700% due 10/15/2049  | 7300 | 5210 |
| 3.800% due 08/15/2029  | 61500 | 55924 |
| 3.950% due 03/15/2029  | 23300 | 21528 |
| 4.050% due 03/15/2032  | 1300 | 1163 |
| 4.400% due 02/15/2026  | 3100 | 3024 |
| **AmFam Holdings, Inc.**  |  |  |
| 2.805% due 03/11/2031  | 11960 | 9322 |
| 3.833% due 03/11/2051  | 10315 | 6807 |
| **Antares Holdings LP**  |  |  |
| 2.750% due 01/15/2027  | 7700 | 6178 |
| 3.750% due 07/15/2027  | 18400 | 14900 |
| 3.950% due 07/15/2026  | 4100 | 3551 |
| **Arch Capital Finance LLC** <br>5.031% due 12/15/2046 | 4100 | 3549 |
| **Arch Capital Group Ltd.** <br>3.635% due 06/30/2050 | 23025 | 15987 |
| **Ares Capital Corp.** <br>3.200% due 11/15/2031 | 2900 | 2135 |
| **Ares Finance Co. LLC**  |  |  |
| 3.250% due 06/15/2030  | 6400 | 5295 |
| 3.650% due 02/01/2052  | 5100 | 3122 |
| 4.125% due 06/30/2051 •  | 12400 | 9375 |
| **Arthur J Gallagher & Co.** <br>3.500% due 05/20/2051 | 17500 | 12290 |
| **Assured Guaranty U.S. Holdings, Inc.**  |  |  |
| 3.150% due 06/15/2031  | 7600 | 6416 |
| 3.600% due 09/15/2051  | 10300 | 6746 |
| **Athene Global Funding** <br>2.500% due 01/14/2025 | 3300 | 3093 |
| **Aviation Capital Group LLC**  |  |  |
| 3.500% due 11/01/2027  | 1900 | 1663 |
| 5.500% due 12/15/2024  | 7600 | 7471 |
| **Avolon Holdings Funding Ltd.**  |  |  |
| 2.528% due 11/18/2027 (j)  | 41354 | 33115 |
| 2.875% due 02/15/2025  | 5700 | 5270 |
| 5.500% due 01/15/2026  | 15000 | 14277 |
| **AXIS Specialty Finance LLC** <br>3.900% due 07/15/2029 | 4000 | 3562 |
| **Banco de Credito del Peru SA** <br>4.650% due 09/17/2024 | 14500 | 3567 |
| **Banco de Credito e Inversiones SA**  |  |  |
| 3.500% due 10/12/2027  | $9200 | 8484 |
| 4.000% due 02/11/2023  | 1900 | 1888 |
| **Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa** <br>4.375% due 04/11/2027 | 5100 | 4816 |
| **Banco Santander SA**  |  |  |
| 2.746% due 05/28/2025  | 6600 | 6183 |
| 3.306% due 06/27/2029  | 7200 | 6284 |
| 3.490% due 05/28/2030  | 5400 | 4557 |
| 4.379% due 04/12/2028  | 18400 | 17298 |
| **Bancolombia SA** <br>3.000% due 01/29/2025 | 11800 | 11198 |
| **Bank of America Corp.**  |  |  |
| 2.299% due 07/21/2032 •  | 12355 | 9544 |
| 2.687% due 04/22/2032 •  | 10000 | 8028 |
| 2.972% due 07/21/2052 •  | 1700 | 1069 |
| 3.194% due 07/23/2030 •  | 30600 | 26382 |
| 3.311% due 04/22/2042 •  | 8700 | 6412 |
| 3.419% due 12/20/2028 •  | 85251 | 77341 |
| 3.593% due 07/21/2028 •  | 13900 | 12818 |
| 3.974% due 02/07/2030 •  | 14862 | 13528 |
| 4.083% due 03/20/2051 •  | 2200 | 1732 |
| 4.271% due 07/23/2029 •  | 3000 | 2803 |
| 4.571% due 04/27/2033 •  | 88000 | 80743 |
| 5.015% due 07/22/2033 •  | 5200 | 4952 |
| 7.750% due 05/14/2038  | 8700 | 10153 |
| 8.050% due 06/15/2027  | 3180 | 3429 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Bank** **of America NA** <br>6.000% due 10/15/2036 | 9200 | 9436 |
| **Bank of Nova Scotia** <br>4.900% due 06/04/2025 •(f) | 6600 | 6344 |
| **Barclays PLC**  |  |  |
| 3.330% due 11/24/2042 •(j)  | 6000 | 4117 |
| 4.337% due 01/10/2028  | 4400 | 4096 |
| 4.338% due 05/16/2024 •  | 15000 | 14898 |
| 4.375% due 01/12/2026  | 5000 | 4844 |
| 4.972% due 05/16/2029 •  | 40987 | 38566 |
| 5.088% due 06/20/2030 •  | 2075 | 1915 |
| 5.746% due 08/09/2033 •  | 2400 | 2274 |
| 7.125% due 06/15/2025 •(f)(g)  | 8400 | 9626 |
| 7.250% due 03/15/2023 •(f)(g)  | 1300 | 1557 |
| 7.437% due 11/02/2033 •  | $8500 | 8932 |
| 7.750% due 09/15/2023 •(f)(g)  | 10700 | 10473 |
| **Berkshire Hathaway Finance Corp.**  |  |  |
| 2.875% due 03/15/2032  | 7900 | 6866 |
| 3.850% due 03/15/2052  | 13600 | 10912 |
| 4.200% due 08/15/2048  | 13700 | 12129 |
| 4.250% due 01/15/2049  | 3500 | 3135 |
| **Berkshire Hathaway, Inc.** <br>4.500% due 02/11/2043 | 745 | 700 |
| **BGC Partners, Inc.**  |  |  |
| 4.375% due 12/15/2025  | 6100 | 5722 |
| 5.375% due 07/24/2023  | 20500 | 20407 |
| **Blackstone Holdings Finance Co. LLC**  |  |  |
| 2.000% due 01/30/2032 (j)  | 7200 | 5307 |
| 2.800% due 09/30/2050  | 10500 | 6135 |
| 3.200% due 01/30/2052  | 43000 | 27615 |
| 3.500% due 09/10/2049  | 5500 | 3745 |
| 4.000% due 10/02/2047  | 8400 | 6314 |
| **Blackstone Private Credit Fund** <br>4.700% due 03/24/2025 | 7100 | 6812 |
| **Blackstone Secured Lending Fund** <br>2.750% due 09/16/2026 | 8300 | 7292 |
| **Block Financial LLC** <br>2.500% due 07/15/2028 | 6700 | 5707 |
| **Blue Owl Finance LLC**  |  |  |
| 3.125% due 06/10/2031 (j)  | 28800 | 21453 |
| 4.125% due 10/07/2051  | 10500 | 6212 |
| 4.375% due 02/15/2032  | 11000 | 8820 |
| **BNP Paribas SA**  |  |  |
| 2.871% due 04/19/2032 •  | 6200 | 4863 |
| 3.052% due 01/13/2031 •  | 13800 | 11339 |
| 3.132% due 01/20/2033 •  | 39900 | 31603 |
| 5.198% due 01/10/2030 •  | 3400 | 3238 |
| 6.625% due 03/25/2024 •(f)  | 11000 | 10667 |
| 7.750% due 08/16/2029 •(f)(g)  | 15000 | 14850 |
| **Brighthouse Financial, Inc.**  |  |  |
| 3.850% due 12/22/2051  | 13100 | 8318 |
| 4.700% due 06/22/2047  | 5355 | 3938 |
| **Brookfield Finance LLC** <br>3.450% due 04/15/2050 | 19000 | 12075 |
| **Brookfield Finance, Inc.**  |  |  |
| 3.500% due 03/30/2051  | 14900 | 9517 |
| 3.625% due 02/15/2052  | 33900 | 22158 |
| 4.700% due 09/20/2047  | 34350 | 27760 |
| **Brown & Brown, Inc.**  |  |  |
| 4.500% due 03/15/2029  | 10300 | 9596 |
| 4.950% due 03/17/2052  | 14800 | 12083 |
| **Camden Property Trust** <br>3.350% due 11/01/2049 | 1400 | 983 |
| **Cantor Fitzgerald LP** <br>4.500% due 04/14/2027 | 14500 | 13456 |
| **Capital One Financial Corp.** <br>5.268% due 05/10/2033 •  | 14800 | 13789 |
| **Carlyle Finance LLC** <br>5.650% due 09/15/2048 | 5700 | 5098 |
| **Carlyle Finance Subsidiary LLC** <br>3.500% due 09/19/2029 | 3600 | 3052 |
| **Carlyle Holdings Finance LLC** <br>5.625% due 03/30/2043 | 12213 | 10926 |
| **Chubb INA Holdings, Inc.**  |  |  |
| 2.850% due 12/15/2051  | 8500 | 5657 |
| 3.050% due 12/15/2061  | 17548 | 11459 |
| **CI Financial Corp.**  |  |  |
| 3.200% due 12/17/2030  | 2500 | 1902 |
| 4.100% due 06/15/2051  | 38200 | 22636 |
| **Cibanco SA Ibm** <br>4.962% due 07/18/2029 | 7200 | 6568 |
| **Citigroup, Inc.**  |  |  |
| 2.561% due 05/01/2032 •(h)  | 12500 | 9898 |
| 2.572% due 06/03/2031 •(h)  | 4000 | 3244 |
| 3.057% due 01/25/2033 •(h)  | 7500 | 6072 |
| 3.200% due 10/21/2026  | 21350 | 19781 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.668% due 07/24/2028 •  | 17500 | 16099 |
| 3.785% due 03/17/2033 •(h)  | 18500 | 15873 |
| 4.075% due 04/23/2029 •  | 48000 | 44254 |
| 8.125% due 07/15/2039  | 12866 | 15877 |
| **CME Group, Inc.**  |  |  |
| 2.650% due 03/15/2032  | 10000 | 8404 |
| 4.150% due 06/15/2048  | 6100 | 5423 |
| 5.300% due 09/15/2043  | 1125 | 1172 |
| **Commonwealth Bank of Australia** <br>3.784% due 03/14/2032 (g) | 13700 | 11328 |
| **Cooperatieve Rabobank UA**  |  |  |
| 3.758% due 04/06/2033 •  | 42900 | 36661 |
| 4.625% due 12/29/2025 •(f)(g)  | 9200 | 9130 |
| **Corebridge Financial, Inc.**  |  |  |
| 3.900% due 04/05/2032  | $21500 | 18836 |
| 4.350% due 04/05/2042  | 10400 | 8575 |
| 4.400% due 04/05/2052  | 45700 | 36445 |
| 6.875% due 12/15/2052 •  | 12500 | 11609 |
| **Corporate Office Properties LP**  |  |  |
| 2.250% due 03/15/2026  | 3600 | 3161 |
| 2.900% due 12/01/2033  | 4000 | 2849 |
| **Credit Suisse AG** <br>6.500% due 08/08/2023 (g) | 47877 | 46474 |
| **Credit Suisse Group AG**  |  |  |
| 0.625% due 01/18/2033  | 800 | 477 |
| 2.593% due 09/11/2025 •  | $4500 | 3981 |
| 3.091% due 05/14/2032 •  | 57529 | 39864 |
| 3.750% due 03/26/2025  | 26250 | 23646 |
| 3.800% due 06/09/2023  | 2400 | 2337 |
| 3.869% due 01/12/2029 •  | 10550 | 8472 |
| 4.194% due 04/01/2031 •  | 2250 | 1751 |
| 4.207% due 06/12/2024 •  | 250 | 244 |
| 4.282% due 01/09/2028  | 17400 | 14448 |
| 4.550% due 04/17/2026  | 13000 | 11480 |
| 4.875% due 05/15/2045  | 7275 | 4999 |
| 6.442% due 08/11/2028 •  | 2900 | 2645 |
| 6.537% due 08/12/2033 •  | 19750 | 17378 |
| **Crown Castle, Inc.**  |  |  |
| 2.100% due 04/01/2031  | 500 | 395 |
| 2.250% due 01/15/2031  | 3753 | 3020 |
| 3.100% due 11/15/2029  | 7500 | 6554 |
| 3.250% due 01/15/2051  | 36700 | 24018 |
| 3.800% due 02/15/2028  | 14700 | 13688 |
| 4.000% due 11/15/2049  | 39410 | 29986 |
| 4.300% due 02/15/2029  | 4400 | 4164 |
| 4.450% due 02/15/2026  | 16495 | 16139 |
| 4.750% due 05/15/2047  | 16840 | 14375 |
| 5.200% due 02/15/2049  | 18710 | 16914 |
| **CubeSmart LP** <br>2.500% due 02/15/2032 | 12800 | 9818 |
| **DAE Sukuk Difc Ltd.** <br>3.750% due 02/15/2026 | 12500 | 11889 |
| **Danske Bank AS** <br>5.375% due 01/12/2024 | 1500 | 1488 |
| **Deutsche Bank AG**  |  |  |
| 2.625% due 12/16/2024  | 12200 | 13715 |
| 2.625% due 02/12/2026  | 11600 | 11732 |
| 3.035% due 05/28/2032 •(h)  | $23710 | 18024 |
| 3.547% due 09/18/2031 •  | 27250 | 21905 |
| 3.729% due 01/14/2032 •(h)  | 28800 | 21174 |
| 3.742% due 01/07/2033 •  | 17700 | 12608 |
| 3.875% due 02/12/2024  | 3900 | 4603 |
| 3.961% due 11/26/2025 •  | $14600 | 13962 |
| **Digital Realty Trust LP**  |  |  |
| 3.700% due 08/15/2027  | 500 | 465 |
| 4.450% due 07/15/2028  | 10900 | 10340 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 36000 | 29013 |
| **EPR Properties**  |  |  |
| 3.750% due 08/15/2029  | 11360 | 8915 |
| 4.500% due 04/01/2025  | 200 | 190 |
| 4.500% due 06/01/2027  | 9325 | 8175 |
| 4.750% due 12/15/2026  | 100 | 90 |
| 4.950% due 04/15/2028  | 13000 | 11112 |
| **Equinix, Inc.**  |  |  |
| 3.000% due 07/15/2050  | 17681 | 11176 |
| 3.400% due 02/15/2052  | 11300 | 7748 |
| 3.900% due 04/15/2032  | 54700 | 48752 |
| **Equitable Holdings, Inc.**  |  |  |
| 3.900% due 04/20/2023  | 520 | 518 |
| 4.350% due 04/20/2028  | 12407 | 11844 |
| 5.000% due 04/20/2048  | 38275 | 33702 |
| **Erste Group Bank AG** <br>4.250% due 10/15/2027 •(f)(g) | 8000 | 6811 |
| **Essential Properties LP** <br>2.950% due 07/15/2031 | $5000 | 3647 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Essex** **Portfolio LP**  |  |  |
| 2.550% due 06/15/2031  | 7500 | 5942 |
| 2.650% due 09/01/2050  | 11800 | 6686 |
| 3.625% due 05/01/2027  | 10700 | 10016 |
| 4.500% due 03/15/2048  | 3900 | 3095 |
| **Everest Reinsurance Holdings, Inc.**  |  |  |
| 3.125% due 10/15/2052  | 6800 | 4273 |
| 3.500% due 10/15/2050  | 1500 | 1023 |
| **Extra Space Storage LP**  |  |  |
| 2.350% due 03/15/2032  | 3000 | 2278 |
| 3.900% due 04/01/2029  | 2900 | 2604 |
| **Fairfax Financial Holdings Ltd.**  |  |  |
| 4.625% due 04/29/2030  | 7200 | 6549 |
| 4.850% due 04/17/2028  | 18100 | 17140 |
| 5.625% due 08/16/2032  | 17900 | 16852 |
| **Farmers Insurance Exchange** <br>4.747% due 11/01/2057 •  | 21600 | 17397 |
| **First American Financial Corp.**  |  |  |
| 4.000% due 05/15/2030  | 3300 | 2772 |
| 4.300% due 02/01/2023  | 18250 | 18232 |
| **FMR LLC**  |  |  |
| 5.150% due 02/01/2043  | 1550 | 1368 |
| 6.450% due 11/15/2039  | 500 | 514 |
| **Ford Holdings LLC** <br>9.300% due 03/01/2030 | 14575 | 16399 |
| **Ford Motor Credit Co. LLC** <br>5.584% due 03/18/2024 | 52500 | 51925 |
| **Franklin Resources, Inc.** <br>2.950% due 08/12/2051 | 2800 | 1742 |
| **FS KKR Capital Corp.** <br>3.125% due 10/12/2028 | 17400 | 14057 |
| **Globe Life, Inc.** <br>2.150% due 08/15/2030 | 700 | 556 |
| **GLP Capital LP**  |  |  |
| 3.250% due 01/15/2032  | 2300 | 1842 |
| 4.000% due 01/15/2030  | 13040 | 11444 |
| 4.000% due 01/15/2031  | 3100 | 2665 |
| 5.300% due 01/15/2029  | 28800 | 27306 |
| 5.750% due 06/01/2028  | 1166 | 1149 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 2.615% due 04/22/2032 •  | 4000 | 3200 |
| 3.102% due 02/24/2033 •  | 1700 | 1385 |
| 3.436% due 02/24/2043 •  | 14100 | 10416 |
| 3.691% due 06/05/2028 •  | 22244 | 20702 |
| 4.017% due 10/31/2038 •  | 100 | 83 |
| 4.411% due 04/23/2039 •  | 2100 | 1823 |
| 6.250% due 02/01/2041  | 12925 | 13551 |
| 6.750% due 10/01/2037  | 102500 | 109803 |
| **Golub Capital BDC, Inc.** <br>2.050% due 02/15/2027 | 21800 | 17755 |
| **Goodman U.S. Finance Four LLC**  |  |  |
| 4.500% due 10/15/2037  | 21200 | 17833 |
| 4.625% due 05/04/2032  | 21100 | 19296 |
| **Goodman U.S. Finance Three LLC** <br>3.700% due 03/15/2028 | 21450 | 19393 |
| **Great-West Lifeco Finance Delaware LP** <br>4.150% due 06/03/2047 | 3200 | 2482 |
| **Guardian Life Insurance Co. of America** <br>4.850% due 01/24/2077 | 7903 | 6496 |
| **Hanover Insurance Group, Inc.** <br>4.500% due 04/15/2026 | 6600 | 6466 |
| **Hartford Financial Services Group, Inc.** <br>6.731% due 02/12/2067 •  | 3600 | 3023 |
| **Healthpeak Properties, Inc.** <br>6.750% due 02/01/2041 | 3500 | 3615 |
| **High Street Funding Trust** <br>4.682% due 02/15/2048 | 8800 | 7125 |
| **Highwoods Realty LP**  |  |  |
| 2.600% due 02/01/2031  | 2700 | 2024 |
| 4.200% due 04/15/2029  | 2198 | 1920 |
| **Hill City Funding Trust** <br>4.046% due 08/15/2041 | 15000 | 10379 |
| **HSBC Bank USA NA** <br>7.000% due 01/15/2039 | 11450 | 12389 |
| **HSBC Holdings PLC**  |  |  |
| 2.357% due 08/18/2031 •  | 4600 | 3525 |
| 2.804% due 05/24/2032 •  | 78700 | 61070 |
| 2.848% due 06/04/2031 •  | 6800 | 5442 |
| 3.803% due 03/11/2025 •  | 9957 | 9684 |
| 3.900% due 05/25/2026  | 4500 | 4291 |
| 3.973% due 05/22/2030 •  | 4000 | 3509 |
| 4.300% due 03/08/2026  | 21131 | 20464 |
| 4.583% due 06/19/2029 •  | 7050 | 6503 |
| 4.600% due 12/17/2030 •(f)  | 3200 | 2498 |
| 4.700% due 03/09/2031 •(f)  | 7600 | 6041 |
| 4.950% due 03/31/2030  | 4600 | 4398 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.402% due 08/11/2033 •  | 8100 | 7524 |
| 5.875% due 09/28/2026 •(f)(g)  | 26400 | 28551 |
| 6.100% due 01/14/2042  | $10850 | 11365 |
| 6.500% due 03/23/2028 •(f)(g)  | 86300 | 79648 |
| 6.500% due 09/15/2037  | 18115 | 17496 |
| 6.800% due 06/01/2038  | 4300 | 4285 |
| 7.000% due 04/07/2038  | 1900 | 2342 |
| 7.625% due 05/17/2032  | $11547 | 11810 |
| **Hudson Pacific Properties LP**  |  |  |
| 3.250% due 01/15/2030  | 7600 | 5776 |
| 3.950% due 11/01/2027  | 5600 | 4773 |
| 4.650% due 04/01/2029  | 7537 | 6453 |
| **ING Groep NV**  |  |  |
| 2.727% due 04/01/2032 •  | 7500 | 5993 |
| 4.625% due 01/06/2026  | 400 | 391 |
| 5.750% due 11/16/2026 •(f)(g)  | 5600 | 4974 |
| **Intercontinental Exchange, Inc.**  |  |  |
| 3.000% due 09/15/2060  | 9146 | 5771 |
| 4.250% due 09/21/2048  | 1800 | 1510 |
| 4.600% due 03/15/2033  | 28200 | 27017 |
| 4.950% due 06/15/2052  | 1600 | 1491 |
| **Intesa Sanpaolo SpA** <br>4.000% due 09/23/2029 | 8000 | 6861 |
| **Invitation Homes Operating Partnership LP**  |  |  |
| 2.000% due 08/15/2031  | 3200 | 2372 |
| 2.700% due 01/15/2034  | 6600 | 4832 |
| 4.150% due 04/15/2032  | 14500 | 12725 |
| **JAB Holdings BV**  |  |  |
| 2.200% due 11/23/2030  | 4700 | 3535 |
| 3.750% due 05/28/2051  | 1500 | 887 |
| 4.500% due 04/08/2052  | 56750 | 38710 |
| **Jefferies Financial Group, Inc.** <br>6.500% due 01/20/2043 | 22200 | 21731 |
| **JPMorgan Chase & Co.**  |  |  |
| 2.545% due 11/08/2032 •  | 12500 | 9912 |
| 2.739% due 10/15/2030 •  | 6375 | 5360 |
| 2.963% due 01/25/2033 •  | 31000 | 25312 |
| 3.509% due 01/23/2029 •  | 23200 | 21095 |
| 3.702% due 05/06/2030 •  | 5000 | 4495 |
| 3.897% due 01/23/2049 •  | 4720 | 3638 |
| 4.005% due 04/23/2029 •  | 15000 | 13904 |
| 4.586% due 04/26/2033 •  | 23000 | 21358 |
| 5.600% due 07/15/2041  | 13220 | 13278 |
| **Kilroy Realty LP**  |  |  |
| 2.650% due 11/15/2033  | 15200 | 10585 |
| 3.050% due 02/15/2030  | 1500 | 1203 |
| 4.250% due 08/15/2029  | 12400 | 10884 |
| 4.750% due 12/15/2028  | 2000 | 1818 |
| **KKR Financial Holdings LLC** <br>5.400% due 05/23/2033 | 15900 | 14850 |
| **KKR Group Finance Co. LLC**  |  |  |
| 3.500% due 08/25/2050  | 31450 | 21158 |
| 3.625% due 02/25/2050  | 26000 | 17938 |
| 4.850% due 05/17/2032  | 19000 | 17794 |
| **La Mondiale SAM** <br>2.125% due 06/23/2031 | 3500 | 2884 |
| **Lazard Group LLC** <br>4.500% due 09/19/2028 | $400 | 372 |
| **Legg Mason, Inc.** <br>5.625% due 01/15/2044 | 18493 | 18112 |
| **Liberty Mutual Group, Inc.**  |  |  |
| 3.950% due 05/15/2060  | 20300 | 13391 |
| 4.300% due 02/01/2061  | 14500 | 8865 |
| **Life Storage LP** <br>3.875% due 12/15/2027 | 1100 | 1020 |
| **Lloyds Bank PLC** <br>0.000% due 04/02/2032 þ | 29200 | 17868 |
| **Lloyds Banking Group PLC**  |  |  |
| 3.574% due 11/07/2028 •  | 10200 | 9189 |
| 4.375% due 03/22/2028  | 3400 | 3233 |
| 4.450% due 05/08/2025  | 500 | 491 |
| 4.550% due 08/16/2028  | 32500 | 30639 |
| **LSEGA Financing PLC** <br>3.200% due 04/06/2041 | 9700 | 7081 |
| **M&G PLC** <br>5.560% due 07/20/2055 •  | 1900 | 1978 |
| **Marsh & McLennan Cos., Inc.**  |  |  |
| 4.200% due 03/01/2048  | $5800 | 4808 |
| 4.350% due 01/30/2047  | 4800 | 4055 |
| 4.900% due 03/15/2049  | 13100 | 12112 |
| 6.250% due 11/01/2052  | 12200 | 13609 |
| **Massachusetts Mutual Life Insurance Co.**  |  |  |
| 3.729% due 10/15/2070  | 11166 | 7370 |
| 4.900% due 04/01/2077  | 4800 | 3949 |
| 5.077% due 02/15/2069 •  | 27500 | 24561 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Meiji** **Yasuda Life Insurance Co.** <br>5.100% due 04/26/2048 •  | 7100 | 6813 |
| **MetLife, Inc.**  |  |  |
| 5.000% due 07/15/2052  | 900 | 862 |
| 9.250% due 04/08/2068  | 51066 | 59558 |
| 10.750% due 08/01/2069  | 5132 | 6830 |
| **Mid-America Apartments LP**  |  |  |
| 3.600% due 06/01/2027  | 300 | 285 |
| 4.300% due 10/15/2023  | 11900 | 11834 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 2.048% due 07/17/2030  | 13900 | 10995 |
| 2.309% due 07/20/2032 •  | 3000 | 2316 |
| 3.751% due 07/18/2039  | 16200 | 13224 |
| 4.153% due 03/07/2039  | 7700 | 6529 |
| 4.286% due 07/26/2038  | 7900 | 6868 |
| 4.315% due 04/19/2033 •  | 25000 | 22733 |
| 5.133% due 07/20/2033 •  | 10300 | 9865 |
| **Mizuho Financial Group, Inc.**  |  |  |
| 1.979% due 09/08/2031 •  | 18400 | 14112 |
| 2.172% due 05/22/2032 •  | 7400 | 5643 |
| 2.201% due 07/10/2031 •  | 14800 | 11585 |
| 5.669% due 09/13/2033 •  | 4300 | 4280 |
| **Morgan Stanley**  |  |  |
| 0.000% due 04/02/2032 þ(h)  | 62100 | 35467 |
| 2.239% due 07/21/2032 •  | 28500 | 21933 |
| 2.802% due 01/25/2052 •  | 1000 | 620 |
| 2.943% due 01/21/2033 •  | 5200 | 4220 |
| 3.217% due 04/22/2042 •  | 15200 | 11308 |
| 3.591% due 07/22/2028 •  | 400 | 368 |
| 3.875% due 01/27/2026  | 4095 | 3969 |
| 5.297% due 04/20/2037 •  | 31500 | 28888 |
| 6.375% due 07/24/2042  | 14350 | 15639 |
| **Morgan Stanley Domestic Holdings, Inc.**  |  |  |
| 3.800% due 08/24/2027  | 5525 | 5208 |
| 4.500% due 06/20/2028  | 7885 | 7683 |
| **MPT Operating Partnership LP** <br>3.500% due 03/15/2031 | 3200 | 2200 |
| **Mutual of Omaha Insurance Co.** <br>4.297% due 07/15/2054 •  | 19870 | 18932 |
| **Nasdaq, Inc.**  |  |  |
| 2.500% due 12/21/2040  | 6000 | 3911 |
| 3.950% due 03/07/2052  | 1800 | 1376 |
| **National Health Investors, Inc.** <br>3.000% due 02/01/2031 | 10600 | 7666 |
| **National Retail Properties, Inc.**  |  |  |
| 2.500% due 04/15/2030  | 500 | 406 |
| 3.500% due 04/15/2051  | 3800 | 2557 |
| **Nationwide Building Society**  |  |  |
| 3.960% due 07/18/2030 •  | 26756 | 23219 |
| 4.000% due 09/14/2026  | 6635 | 6043 |
| 4.302% due 03/08/2029 •  | 5500 | 4972 |
| **Nationwide Financial Services, Inc.** <br>3.900% due 11/30/2049 | 10000 | 7013 |
| **Nationwide Mutual Insurance Co.**  |  |  |
| 4.350% due 04/30/2050  | 2250 | 1692 |
| 9.375% due 08/15/2039  | 32300 | 41717 |
| **NatWest Group PLC**  |  |  |
| 2.500% due 03/22/2023  | 3900 | 4177 |
| 4.269% due 03/22/2025 •  | $33160 | 32442 |
| 4.445% due 05/08/2030 •  | 5200 | 4719 |
| 4.600% due 06/28/2031 •(f)(g)  | 27100 | 19469 |
| 4.800% due 04/05/2026  | 4650 | 4553 |
| 4.892% due 05/18/2029 •  | 32700 | 30999 |
| 5.076% due 01/27/2030 •  | 46350 | 43756 |
| 5.125% due 05/12/2027 •(f)  | 1500 | 1528 |
| **Neuberger Berman Group LLC**  |  |  |
| 4.500% due 03/15/2027  | $6200 | 5902 |
| 4.875% due 04/15/2045  | 13688 | 11107 |
| **New York Life Insurance Co.**  |  |  |
| 4.450% due 05/15/2069  | 16700 | 13844 |
| 6.750% due 11/15/2039  | 4260 | 4768 |
| **Nippon Life Insurance Co.**  |  |  |
| 2.750% due 01/21/2051 •  | 36900 | 29662 |
| 5.100% due 10/16/2044 •  | 15650 | 15312 |
| **Nissan Motor Acceptance Co. LLC**  |  |  |
| 2.000% due 03/09/2026  | 39200 | 33753 |
| 2.750% due 03/09/2028  | 11000 | 8927 |
| 3.450% due 03/15/2023  | 215 | 214 |
| 3.875% due 09/21/2023  | 8000 | 7854 |
| **Nomura Holdings, Inc.**  |  |  |
| 2.172% due 07/14/2028  | 15900 | 13156 |
| 2.608% due 07/14/2031  | 12400 | 9620 |
| 2.679% due 07/16/2030  | 8000 | 6415 |
| 2.999% due 01/22/2032  | 14100 | 11097 |
| 3.103% due 01/16/2030  | 4700 | 3930 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Nordea** **Bank Abp** <br>3.750% due 03/01/2029 •(f)(g) | 5700 | 4415 |
| **Northwestern Mutual Life Insurance Co.**  |  |  |
| 3.450% due 03/30/2051  | 31400 | 22064 |
| 3.625% due 09/30/2059  | 62990 | 43652 |
| 3.850% due 09/30/2047  | 10340 | 7937 |
| 6.063% due 03/30/2040  | 1 | 1 |
| **Ohio National Life Insurance Co.** <br>6.875% due 06/15/2042 | 400 | 380 |
| **Old Republic International Corp.** <br>3.850% due 06/11/2051 | 37900 | 26154 |
| **Omega Healthcare Investors, Inc.**  |  |  |
| 3.375% due 02/01/2031  | 500 | 386 |
| 3.625% due 10/01/2029  | 4000 | 3290 |
| 4.750% due 01/15/2028  | 7900 | 7294 |
| 5.250% due 01/15/2026  | 15000 | 14705 |
| **OneAmerica Financial Partners, Inc.** <br>4.250% due 10/15/2050 | 5400 | 3867 |
| **Ontario Teachers' Cadillac Fairview Properties Trust** <br>3.875% due 03/20/2027 | 3900 | 3600 |
| **Owl Rock Capital Corp.** <br>2.875% due 06/11/2028 | 2600 | 2046 |
| **Pacific Life Insurance Co.** <br>9.250% due 06/15/2039 | 63816 | 84519 |
| **Pacific LifeCorp** <br>3.350% due 09/15/2050 | 5700 | 3893 |
| **Penn Mutual Life Insurance Co.**  |  |  |
| 3.800% due 04/29/2061  | 40000 | 26579 |
| 7.625% due 06/15/2040  | 32535 | 35241 |
| **Physicians Realty LP**  |  |  |
| 3.950% due 01/15/2028  | 7900 | 7230 |
| 4.300% due 03/15/2027  | 4100 | 3872 |
| **Pine Street Trust**  |  |  |
| 4.572% due 02/15/2029  | 23500 | 21783 |
| 5.568% due 02/15/2049  | 23800 | 21096 |
| **Pinnacol Assurance** <br>8.625% due 06/25/2034 «(h) | 24000 | 26780 |
| **Piper Sandler Cos.** <br>5.200% due 10/15/2023 | 23000 | 22798 |
| **PNC Financial Services Group, Inc.**  |  |  |
| 6.000% due 05/15/2027 •(f)  | 38300 | 36174 |
| 6.200% due 09/15/2027 •(f)  | 8500 | 8343 |
| **Progressive Corp.**  |  |  |
| 3.700% due 01/26/2045  | 1390 | 1082 |
| 3.700% due 03/15/2052  | 4500 | 3475 |
| 4.125% due 04/15/2047  | 1700 | 1432 |
| **Prologis LP** <br>3.050% due 03/01/2050 | 1000 | 670 |
| **Prudential Financial, Inc.**  |  |  |
| 3.700% due 03/13/2051  | 1500 | 1152 |
| 3.935% due 12/07/2049  | 173 | 136 |
| 5.125% due 03/01/2052 •  | 8400 | 7655 |
| **Rayonier LP** <br>2.750% due 05/17/2031 | 7500 | 6043 |
| **Realty Income Corp.**  |  |  |
| 3.400% due 01/15/2028  | 16100 | 14853 |
| 3.950% due 08/15/2027  | 11848 | 11315 |
| 4.650% due 03/15/2047  | 1150 | 1018 |
| **Regency Centers LP**  |  |  |
| 2.950% due 09/15/2029  | 1000 | 841 |
| 4.125% due 03/15/2028  | 1100 | 1023 |
| 4.400% due 02/01/2047  | 4200 | 3245 |
| 4.650% due 03/15/2049  | 1500 | 1201 |
| **Rexford Industrial Realty LP** <br>2.125% due 12/01/2030 | 11800 | 9237 |
| **Sabra Health Care LP**  |  |  |
| 3.200% due 12/01/2031  | 15350 | 11456 |
| 3.900% due 10/15/2029  | 3368 | 2824 |
| **Sammons Financial Group, Inc.** <br>3.350% due 04/16/2031 | 18300 | 13970 |
| **Santander Holdings USA, Inc.** <br>4.400% due 07/13/2027 | 5200 | 4967 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 2.896% due 03/15/2032 •  | 17160 | 13298 |
| 3.823% due 11/03/2028 •  | 55945 | 50083 |
| **SBA Tower Trust** <br>2.328% due 07/15/2052 | 10300 | 8643 |
| **Selective Insurance Group, Inc.** <br>5.375% due 03/01/2049 | 8800 | 7580 |
| **SMBC Aviation Capital Finance DAC** <br>2.300% due 06/15/2028 | 4200 | 3452 |
| **Societe Generale SA**  |  |  |
| 3.337% due 01/21/2033 •  | 27760 | 21928 |
| 6.221% due 06/15/2033 •  | 7700 | 7223 |
| **Spirit Realty LP**  |  |  |
| 2.700% due 02/15/2032  | 11400 | 8463 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.200% due 02/15/2031  | 11100 | 8887 |
| 3.400% due 01/15/2030  | 9025 | 7538 |
| 4.000% due 07/15/2029  | 200 | 174 |
| 4.450% due 09/15/2026  | 2350 | 2248 |
| **Standard Chartered PLC**  |  |  |
| 3.265% due 02/18/2036 •  | 15500 | 11493 |
| 3.603% due 01/12/2033 •  | 3200 | 2415 |
| **Stifel Financial Corp.** <br>4.000% due 05/15/2030 | 5600 | 4869 |
| **STORE Capital Corp.** <br>2.750% due 11/18/2030 | 1900 | 1463 |
| **Sumitomo Life Insurance Co.** <br>3.375% due 04/15/2081 •  | 16300 | 13620 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 2.130% due 07/08/2030  | 37100 | 29401 |
| 2.750% due 01/15/2030  | 2700 | 2271 |
| 3.040% due 07/16/2029  | 11300 | 9794 |
| **Sun Communities Operating LP** <br>2.700% due 07/15/2031 | 6800 | 5384 |
| **SVB Financial Group** <br>4.570% due 04/29/2033 •  | 16800 | 14910 |
| **Svenska Handelsbanken AB** <br>4.750% due 03/01/2031 •(f) | 6000 | 4928 |
| **Synchrony Financial**  |  |  |
| 2.875% due 10/28/2031  | 12000 | 8988 |
| 4.500% due 07/23/2025  | 600 | 576 |
| **Teachers Insurance & Annuity Association of America**  |  |  |
| 3.300% due 05/15/2050  | 30000 | 20877 |
| 4.270% due 05/15/2047  | 11300 | 9294 |
| 4.900% due 09/15/2044  | 18400 | 16911 |
| 6.850% due 12/16/2039  | 5129 | 5672 |
| **Tesco Property Finance PLC** <br>6.052% due 10/13/2039 | 307 | 362 |
| **Texas Capital Bancshares, Inc.** <br>4.000% due 05/06/2031 •  | $7500 | 6666 |
| **Toronto-Dominion Bank** <br>8.125% due 10/31/2082 •  | 25000 | 26062 |
| **Transatlantic Holdings, Inc.** <br>8.000% due 11/30/2039 | 7933 | 9881 |
| **Travelers Cos., Inc.** <br>4.050% due 03/07/2048 | 4000 | 3236 |
| **Truist Financial Corp.** <br>6.123% due 10/28/2033 •  | 15000 | 15830 |
| **Trust Fibra Uno**  |  |  |
| 6.390% due 01/15/2050  | 23500 | 19011 |
| 6.950% due 01/30/2044  | 25270 | 21977 |
| **Trustage Financial Group, Inc.** <br>4.625% due 04/15/2032 | 54700 | 47322 |
| **UBS AG** <br>5.125% due 05/15/2024 (g) | 17121 | 16935 |
| **UBS Group AG**  |  |  |
| 2.746% due 02/11/2033 •  | 10900 | 8451 |
| 3.179% due 02/11/2043 •  | 1100 | 760 |
| 4.125% due 09/24/2025  | 400 | 389 |
| 4.125% due 04/15/2026  | 34600 | 33231 |
| 4.875% due 02/12/2027 •(f)  | 11400 | 9690 |
| 4.988% due 08/05/2033 •  | 5000 | 4643 |
| **UDR, Inc.** <br>3.500% due 07/01/2027 | 3323 | 3095 |
| **UniCredit SpA**  |  |  |
| 3.127% due 06/03/2032 •  | 6300 | 4749 |
| 7.830% due 12/04/2023  | 78050 | 78876 |
| **Unum Group** <br>4.500% due 12/15/2049 | 500 | 356 |
| **Ventas Realty LP**  |  |  |
| 4.125% due 01/15/2026  | 600 | 583 |
| 4.400% due 01/15/2029  | 1900 | 1774 |
| 4.875% due 04/15/2049  | 4300 | 3583 |
| **VICI Properties LP**  |  |  |
| 5.125% due 05/15/2032  | 7700 | 7145 |
| 5.625% due 05/15/2052  | 17400 | 15417 |
| **Vonovia Finance BV** <br>5.000% due 10/02/2023 | 2200 | 2171 |
| **Voya Financial, Inc.** <br>4.700% due 01/23/2048 •  | 6800 | 5280 |
| **W R Berkley Corp.** <br>4.000% due 05/12/2050 | 4900 | 3734 |
| **Wells Fargo & Co.**  |  |  |
| 2.393% due 06/02/2028 •  | 16500 | 14588 |
| 2.572% due 02/11/2031 •  | 21200 | 17601 |
| 2.879% due 10/30/2030 •  | 43600 | 37127 |
| 3.000% due 04/22/2026  | 8100 | 7586 |
| 3.196% due 06/17/2027 •  | 4000 | 3715 |
| 3.350% due 03/02/2033 •  | 4800 | 4056 |
| 3.584% due 05/22/2028 •  | 33400 | 31063 |
| 4.611% due 04/25/2053 •  | 64700 | 55122 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.950% due 11/15/2029  | 1000 | 1105 |
| **Wells Fargo Bank NA**  |  |  |
| 5.850% due 02/01/2037  | 5901 | 5975 |
| 5.950% due 08/26/2036  | 800 | 806 |
| 6.600% due 01/15/2038  | 22877 | 24816 |
| **Welltower, Inc.**  |  |  |
| 4.950% due 09/01/2048  | 3500 | 2896 |
| 6.500% due 03/15/2041  | 29850 | 29865 |
| **Weyerhaeuser Co.**  |  |  |
| 3.375% due 03/09/2033  | 3800 | 3187 |
| 4.000% due 04/15/2030  | 1500 | 1369 |
| 6.875% due 12/15/2033  | 14477 | 15587 |
| 6.950% due 10/01/2027  | 4500 | 4826 |
| 7.375% due 03/15/2032  | 39647 | 43949 |
| **Willis North America, Inc.** <br>3.875% due 09/15/2049 | 13550 | 9674 |
| **WP Carey, Inc.** <br>4.000% due 02/01/2025 | 1600 | 1560 |
| **XLIT Ltd.** <br>5.500% due 03/31/2045 | 12950 | 12298 |
|  |  | 6211573 |
| **INDUSTRIALS 37.0%**  |  |  |
| **7-Eleven, Inc.**  |  |  |
| 2.500% due 02/10/2041  | 4470 | 2966 |
| 2.800% due 02/10/2051  | 23200 | 14303 |
| **AbbVie, Inc.**  |  |  |
| 4.250% due 11/21/2049  | 6800 | 5678 |
| 4.300% due 05/14/2036  | 23400 | 21158 |
| 4.400% due 11/06/2042 (j)  | 44212 | 38552 |
| 4.450% due 05/14/2046  | 33650 | 29085 |
| 4.500% due 05/14/2035  | 37877 | 35221 |
| 4.550% due 03/15/2035  | 565 | 530 |
| 4.700% due 05/14/2045  | 21000 | 18755 |
| 4.850% due 06/15/2044  | 51900 | 47795 |
| **Abu Dhabi Crude Oil Pipeline LLC** <br>4.600% due 11/02/2047 | 7900 | 7289 |
| **Activision Blizzard, Inc.** <br>2.500% due 09/15/2050 | 35200 | 21773 |
| **Adani Electricity Mumbai Ltd.** <br>3.949% due 02/12/2030 | 4800 | 3677 |
| **Advocate Health & Hospitals Corp.** <br>2.211% due 06/15/2030 | 11150 | 9172 |
| **AEP Transmission Co. LLC**  |  |  |
| 3.150% due 09/15/2049  | 6000 | 4182 |
| 3.650% due 04/01/2050  | 2700 | 2073 |
| 3.750% due 12/01/2047  | 1100 | 857 |
| 4.250% due 09/15/2048  | 1474 | 1237 |
| **Aeroporti di Roma SpA** <br>1.750% due 07/30/2031 | 4600 | 3678 |
| **Aetna, Inc.**  |  |  |
| 4.750% due 03/15/2044  | $50 | 44 |
| 6.750% due 12/15/2037  | 4085 | 4400 |
| **Air Canada Pass-Through Trust**  |  |  |
| 4.125% due 11/15/2026  | 10610 | 9717 |
| 5.250% due 10/01/2030  | 5989 | 5667 |
| **Alaska Airlines Pass-Through Trust** <br>4.800% due 02/15/2029 | 16696 | 15920 |
| **Alcon Finance Corp.** <br>3.000% due 09/23/2029 | 500 | 437 |
| **Alibaba Group Holding Ltd.**  |  |  |
| 2.125% due 02/09/2031  | 13400 | 10701 |
| 2.700% due 02/09/2041  | 38869 | 24918 |
| 3.150% due 02/09/2051  | 1150 | 719 |
| 3.250% due 02/09/2061  | 24200 | 14577 |
| 4.000% due 12/06/2037  | 21700 | 18143 |
| 4.200% due 12/06/2047  | 17900 | 13743 |
| 4.400% due 12/06/2057  | 7600 | 5843 |
| 4.500% due 11/28/2034  | 10850 | 9777 |
| **Altria Group, Inc.**  |  |  |
| 3.875% due 09/16/2046  | 9080 | 6105 |
| 5.950% due 02/14/2049  | 22500 | 20112 |
| 6.200% due 02/14/2059  | 6929 | 6517 |
| **Amazon.com, Inc.**  |  |  |
| 2.500% due 06/03/2050  | 3000 | 1904 |
| 2.700% due 06/03/2060  | 2900 | 1761 |
| 3.100% due 05/12/2051  | 19800 | 14201 |
| 3.250% due 05/12/2061  | 40500 | 27939 |
| 4.100% due 04/13/2062  | 11000 | 9144 |
| 4.250% due 08/22/2057 (j)  | 19800 | 17126 |
| **American Airlines Pass-Through Trust**  |  |  |
| 2.875% due 01/11/2036  | 21200 | 17123 |
| 3.000% due 04/15/2030  | 506 | 439 |
| 3.150% due 08/15/2033  | 7473 | 6205 |
| 3.200% due 12/15/2029  | 5810 | 5051 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.350% due 04/15/2031  | 3782 | 3274 |
| 3.375% due 11/01/2028  | 6508 | 5440 |
| 3.500% due 08/15/2033  | 3371 | 2564 |
| 3.575% due 07/15/2029  | 6287 | 5624 |
| 3.600% due 03/22/2029  | 7016 | 6307 |
| 3.600% due 04/15/2031  | 2916 | 2283 |
| 3.650% due 08/15/2030  | 2348 | 2095 |
| 3.700% due 04/01/2028  | 6303 | 5452 |
| 4.000% due 01/15/2027  | 3277 | 2846 |
| **Amgen, Inc.**  |  |  |
| 2.800% due 08/15/2041  | 3700 | 2578 |
| 3.375% due 02/21/2050  | 10300 | 7207 |
| 4.400% due 05/01/2045  | 1000 | 842 |
| 4.563% due 06/15/2048  | 11574 | 9940 |
| 4.663% due 06/15/2051  | 170913 | 147954 |
| 4.950% due 10/01/2041  | 4650 | 4274 |
| **AngloGold Ashanti Holdings PLC**  |  |  |
| 3.375% due 11/01/2028  | 9100 | 7950 |
| 3.750% due 10/01/2030 (j)  | 5600 | 4862 |
| **Anheuser-Busch Cos. LLC**  |  |  |
| 4.700% due 02/01/2036  | 97900 | 92831 |
| 4.900% due 02/01/2046  | 164610 | 150473 |
| **Anheuser-Busch InBev Finance, Inc.** <br>4.900% due 02/01/2046 | 500 | 457 |
| **Anheuser-Busch InBev Worldwide, Inc.**  |  |  |
| 4.350% due 06/01/2040  | 24000 | 21193 |
| 4.375% due 04/15/2038  | 11300 | 10147 |
| 4.439% due 10/06/2048  | 16601 | 14263 |
| 4.600% due 04/15/2048  | 5286 | 4620 |
| 4.950% due 01/15/2042  | 5800 | 5466 |
| 5.450% due 01/23/2039  | 12150 | 12177 |
| 5.800% due 01/23/2059  | 54300 | 55896 |
| **Apple, Inc.**  |  |  |
| 2.650% due 05/11/2050  | 4100 | 2732 |
| 2.800% due 02/08/2061  | 7100 | 4528 |
| 2.850% due 08/05/2061  | 8400 | 5445 |
| 2.950% due 09/11/2049  | 21100 | 15041 |
| 3.750% due 09/12/2047  | 21600 | 18053 |
| 3.850% due 08/04/2046  | 58395 | 49884 |
| **Aptiv PLC**  |  |  |
| 3.100% due 12/01/2051  | 8700 | 5175 |
| 3.250% due 03/01/2032  | 10000 | 8206 |
| 4.150% due 05/01/2052  | 2900 | 2099 |
| 5.400% due 03/15/2049  | 10000 | 8537 |
| **Arrow Electronics, Inc.**  |  |  |
| 2.950% due 02/15/2032  | 600 | 475 |
| 4.500% due 03/01/2023  | 2100 | 2096 |
| **AstraZeneca PLC** <br>4.375% due 11/16/2045 | 1400 | 1264 |
| **Bacardi Ltd.**  |  |  |
| 4.700% due 05/15/2028  | 5200 | 4974 |
| 5.150% due 05/15/2038  | 22540 | 20465 |
| 5.300% due 05/15/2048  | 28300 | 25363 |
| **BAE Systems PLC**  |  |  |
| 3.000% due 09/15/2050  | 11700 | 7623 |
| 3.400% due 04/15/2030  | 7700 | 6812 |
| **Baptist Healthcare System Obligated Group** <br>3.540% due 08/15/2050 | 15000 | 10836 |
| **Barrick North America Finance LLC** <br>5.700% due 05/30/2041 | 8500 | 8577 |
| **BAT Capital Corp.**  |  |  |
| 4.390% due 08/15/2037  | 12200 | 9525 |
| 4.540% due 08/15/2047  | 23333 | 16574 |
| 4.758% due 09/06/2049  | 4200 | 3058 |
| **Baxter International, Inc.** <br>3.132% due 12/01/2051 | 10000 | 6497 |
| **Bayer U.S. Finance LLC**  |  |  |
| 4.200% due 07/15/2034  | 14484 | 12595 |
| 4.375% due 12/15/2028  | 9800 | 9219 |
| 4.400% due 07/15/2044  | 4000 | 3171 |
| 4.625% due 06/25/2038  | 900 | 787 |
| 4.875% due 06/25/2048  | 27000 | 23413 |
| **Becton Dickinson & Co.** <br>3.794% due 05/20/2050 | 10700 | 8264 |
| **Beth Israel Lahey Health, Inc.** <br>3.080% due 07/01/2051 | 14000 | 8687 |
| **Bio-Rad Laboratories, Inc.** <br>3.700% due 03/15/2032 | 24000 | 20621 |
| **Biogen, Inc.** <br>3.250% due 02/15/2051 | 7181 | 4838 |
| **Boardwalk Pipelines LP** <br>3.600% due 09/01/2032 | 20280 | 16837 |
| **Boeing Co.**  |  |  |
| 3.250% due 02/01/2035  | 1755 | 1340 |
| 3.600% due 05/01/2034  | 8470 | 6798 |
| 3.625% due 02/01/2031  | 1700 | 1494 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.650% due 03/01/2047  | 1945 | 1314 |
| 3.750% due 02/01/2050  | 3200 | 2210 |
| 3.825% due 03/01/2059  | 4515 | 2905 |
| 3.950% due 08/01/2059  | 9500 | 6421 |
| 4.508% due 05/01/2023  | 11855 | 11835 |
| 5.705% due 05/01/2040  | 53900 | 51628 |
| 5.805% due 05/01/2050  | 90190 | 84082 |
| 5.930% due 05/01/2060  | 98600 | 90349 |
| **Bon Secours Mercy Health, Inc.** <br>3.205% due 06/01/2050 | 12000 | 8053 |
| **Boston Scientific Corp.**  |  |  |
| 6.750% due 11/15/2035  | 43837 | 48297 |
| 7.375% due 01/15/2040  | 42000 | 48963 |
| **BP Capital Markets America, Inc.**  |  |  |
| 3.000% due 02/24/2050  | 700 | 470 |
| 3.060% due 06/17/2041  | 1830 | 1362 |
| **Bristol-Myers Squibb Co.**  |  |  |
| 3.700% due 03/15/2052  | 12600 | 9867 |
| 4.250% due 10/26/2049 (j)  | 17900 | 15479 |
| 4.350% due 11/15/2047  | 6584 | 5835 |
| **British Airways Pass-Through Trust**  |  |  |
| 3.300% due 06/15/2034  | 20483 | 17433 |
| 3.350% due 12/15/2030  | 1819 | 1574 |
| 4.250% due 05/15/2034  | 1607 | 1442 |
| **Broadcom, Inc.**  |  |  |
| 2.600% due 02/15/2033  | 41901 | 31562 |
| 3.137% due 11/15/2035  | 57112 | 42167 |
| 3.187% due 11/15/2036  | 2674 | 1929 |
| 3.419% due 04/15/2033  | 24710 | 19879 |
| 3.469% due 04/15/2034  | 94812 | 75916 |
| 3.500% due 02/15/2041  | 26100 | 18626 |
| 4.150% due 11/15/2030  | 4485 | 4030 |
| 4.150% due 04/15/2032  | 44100 | 38834 |
| 4.300% due 11/15/2032  | 21250 | 18789 |
| 4.926% due 05/15/2037  | 6079 | 5325 |
| **Buckeye Partners LP** <br>5.600% due 10/15/2044 | 2300 | 1697 |
| **Burlington Northern Santa Fe LLC** <br>4.450% due 03/15/2043 | 27000 | 24294 |
| **Cameron LNG LLC**  |  |  |
| 3.402% due 01/15/2038  | 26700 | 21777 |
| 3.701% due 01/15/2039  | 900 | 717 |
| **Campbell Soup Co.** <br>3.125% due 04/24/2050 | 10200 | 6954 |
| **Canadian Pacific Railway Co.** <br>6.125% due 09/15/2115 | 51558 | 52090 |
| **Carrier Global Corp.**  |  |  |
| 3.377% due 04/05/2040  | 2000 | 1526 |
| 3.577% due 04/05/2050  | 1300 | 933 |
| **CDW LLC** <br>3.569% due 12/01/2031 | 11800 | 9746 |
| **Celeo Redes Operacion Chile SA** <br>5.200% due 06/22/2047 | 3715 | 3186 |
| **Cellnex Finance Co. SA** <br>3.875% due 07/07/2041 | 4600 | 3153 |
| **Celulosa Arauco y Constitucion SA** <br>5.500% due 11/02/2047 | 9000 | 8044 |
| **Cenovus Energy, Inc.** <br>6.750% due 11/15/2039 | 7512 | 7827 |
| **Centene Corp.**  |  |  |
| 2.450% due 07/15/2028  | 25800 | 21826 |
| 4.625% due 12/15/2029  | 3300 | 3023 |
| **CenterPoint Energy Resources Corp.** <br>4.100% due 09/01/2047 | 2000 | 1616 |
| **CF Industries, Inc.** <br>5.150% due 03/15/2034 | 21425 | 20349 |
| **Charter Communications Operating LLC**  |  |  |
| 3.500% due 06/01/2041  | 24107 | 15787 |
| 3.500% due 03/01/2042  | 12900 | 8308 |
| 3.700% due 04/01/2051  | 6700 | 4098 |
| 3.750% due 02/15/2028  | 1800 | 1626 |
| 3.850% due 04/01/2061  | 94400 | 54930 |
| 3.900% due 06/01/2052  | 34975 | 22088 |
| 3.950% due 06/30/2062  | 15000 | 8902 |
| 4.200% due 03/15/2028  | 1900 | 1750 |
| 4.400% due 12/01/2061  | 72238 | 46481 |
| 4.800% due 03/01/2050  | 46200 | 33721 |
| 5.125% due 07/01/2049  | 49500 | 37627 |
| 5.250% due 04/01/2053  | 52225 | 40531 |
| 5.375% due 04/01/2038  | 10000 | 8359 |
| 5.375% due 05/01/2047  | 48000 | 37843 |
| 5.500% due 04/01/2063  | 3100 | 2377 |
| 5.750% due 04/01/2048  | 23900 | 19665 |
| 6.384% due 10/23/2035  | 24181 | 23656 |
| 6.484% due 10/23/2045  | 28419 | 25748 |
| 6.834% due 10/23/2055  | 8000 | 7421 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Cheniere** **Corpus Christi Holdings LLC**  |  |  |
| 2.742% due 12/31/2039  | 21010 | 16306 |
| 3.700% due 11/15/2029  | 5000 | 4531 |
| **Coca-Cola Co.**  |  |  |
| 2.500% due 03/15/2051  | 19600 | 12776 |
| 2.750% due 06/01/2060  | 7500 | 5048 |
| **Colorado Interstate Gas Co. LLC** <br>6.850% due 06/15/2037 | 10900 | 11016 |
| **Comcast Corp.**  |  |  |
| 2.650% due 08/15/2062  | 18400 | 10366 |
| 2.800% due 01/15/2051  | 3500 | 2224 |
| 2.887% due 11/01/2051  | 3299 | 2134 |
| 2.937% due 11/01/2056  | 165999 | 103416 |
| 3.200% due 07/15/2036  | 1300 | 1058 |
| 3.450% due 02/01/2050  | 38100 | 27813 |
| 3.969% due 11/01/2047  | 42110 | 33845 |
| 3.999% due 11/01/2049  | 103328 | 82046 |
| 4.000% due 03/01/2048  | 12260 | 9890 |
| 5.650% due 06/15/2035  | 5900 | 6205 |
| 7.050% due 03/15/2033  | 6875 | 7943 |
| **CommonSpirit Health**  |  |  |
| 3.347% due 10/01/2029  | 10000 | 8724 |
| 4.187% due 10/01/2049  | 2100 | 1643 |
| **Conagra Brands, Inc.**  |  |  |
| 4.600% due 11/01/2025  | 5341 | 5268 |
| 5.400% due 11/01/2048  | 4095 | 3805 |
| 7.000% due 10/01/2028  | 1800 | 1923 |
| **Constellation Brands, Inc.**  |  |  |
| 4.100% due 02/15/2048  | 12200 | 9775 |
| 4.500% due 05/09/2047  | 8100 | 6862 |
| 4.750% due 05/09/2032  | 9900 | 9556 |
| **Continental Airlines Pass-Through Trust** <br>4.000% due 04/29/2026 | 3647 | 3483 |
| **Continental Resources, Inc.**  |  |  |
| 4.900% due 06/01/2044  | 22979 | 17076 |
| 5.750% due 01/15/2031  | 8500 | 7929 |
| **Corning, Inc.** <br>5.450% due 11/15/2079 | 5400 | 4691 |
| **Corp. Nacional del Cobre de Chile**  |  |  |
| 4.250% due 07/17/2042  | 2000 | 1658 |
| 4.500% due 08/01/2047  | 10970 | 9348 |
| 5.625% due 10/18/2043  | 2200 | 2147 |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | 11400 | 9336 |
| **Cox Communications, Inc.**  |  |  |
| 2.950% due 10/01/2050  | 4900 | 2959 |
| 4.500% due 06/30/2043  | 21841 | 17771 |
| 4.700% due 12/15/2042  | 4070 | 3388 |
| 4.800% due 02/01/2035  | 13000 | 11568 |
| **CRH America Finance, Inc.**  |  |  |
| 4.400% due 05/09/2047  | 2800 | 2279 |
| 4.500% due 04/04/2048  | 8390 | 6945 |
| **CSL Finanace PLC Co.**  |  |  |
| 4.750% due 04/27/2052  | 13800 | 12439 |
| 4.950% due 04/27/2062  | 9200 | 8221 |
| **CVS Health Corp.**  |  |  |
| 3.625% due 04/01/2027  | 2900 | 2756 |
| 3.750% due 04/01/2030  | 4900 | 4454 |
| 4.125% due 04/01/2040  | 10700 | 8946 |
| 4.780% due 03/25/2038  | 1559 | 1426 |
| 5.050% due 03/25/2048  | 39900 | 36015 |
| 5.300% due 12/05/2043  | 7100 | 6666 |
| **CVS Pass-Through Trust**  |  |  |
| 4.163% due 08/11/2036  | 8100 | 7015 |
| 4.704% due 01/10/2036  | 1211 | 1090 |
| 5.773% due 01/10/2033  | 998 | 976 |
| 5.880% due 01/10/2028  | 2177 | 2154 |
| 5.926% due 01/10/2034  | 23506 | 22966 |
| 6.036% due 12/10/2028  | 1018 | 1003 |
| 6.943% due 01/10/2030  | 22052 | 22462 |
| 7.507% due 01/10/2032  | 59499 | 61948 |
| 8.353% due 07/10/2031  | 11108 | 12148 |
| **DAE Funding LLC** <br>1.550% due 08/01/2024 | 23100 | 21481 |
| **Daimler Trucks Finance North America LLC**  |  |  |
| 2.375% due 12/14/2028  | 11300 | 9517 |
| 2.500% due 12/14/2031  | 8904 | 6925 |
| **Dell International LLC**  |  |  |
| 3.450% due 12/15/2051  | 51000 | 31407 |
| 4.900% due 10/01/2026  | 19197 | 18922 |
| 5.300% due 10/01/2029  | 37730 | 36986 |
| 5.450% due 06/15/2023  | 4355 | 4358 |
| 6.020% due 06/15/2026  | 84825 | 86639 |
| 8.100% due 07/15/2036  | 10633 | 11957 |
| 8.350% due 07/15/2046  | 7448 | 8524 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Delta** **Air Lines, Inc.**  |  |  |
| 2.900% due 10/28/2024  | 11200 | 10629 |
| 3.750% due 10/28/2029 (j)  | 45863 | 38204 |
| 4.375% due 04/19/2028  | 4000 | 3572 |
| 4.750% due 10/20/2028  | 2150 | 2024 |
| 7.375% due 01/15/2026 (j)  | 35442 | 36270 |
| **Deutsche Telekom International Finance BV** <br>8.750% due 06/15/2030 | 13100 | 15485 |
| **Devon Energy Corp.** <br>7.950% due 04/15/2032 | 5535 | 6302 |
| **Diamondback Energy, Inc.** <br>4.250% due 03/15/2052 | 7100 | 5226 |
| **Discovery Communications LLC**  |  |  |
| 4.000% due 09/15/2055  | 2208 | 1334 |
| 5.200% due 09/20/2047  | 30665 | 22893 |
| **DT Midstream, Inc.** <br>4.300% due 04/15/2032 | 17400 | 15313 |
| **Eastern Gas Transmission & Storage, Inc.**  |  |  |
| 4.600% due 12/15/2044  | 4115 | 3397 |
| 4.800% due 11/01/2043  | 800 | 697 |
| **eBay, Inc.**  |  |  |
| 2.600% due 05/10/2031  | 1600 | 1315 |
| 3.650% due 05/10/2051  | 7300 | 5264 |
| **Ecopetrol SA** <br>7.375% due 09/18/2043 | 25700 | 21934 |
| **El Paso Natural Gas Co. LLC** <br>8.375% due 06/15/2032 | 25670 | 29119 |
| **Elevance Health, Inc.**  |  |  |
| 3.600% due 03/15/2051  | 4350 | 3273 |
| 3.700% due 09/15/2049  | 5640 | 4310 |
| 4.375% due 12/01/2047  | 30200 | 25953 |
| 4.550% due 03/01/2048  | 7500 | 6586 |
| 4.550% due 05/15/2052  | 15100 | 13200 |
| 4.625% due 05/15/2042  | 7700 | 7039 |
| 4.650% due 01/15/2043  | 2605 | 2373 |
| 5.100% due 01/15/2044  | 13244 | 12553 |
| **Embotelladora Andina SA** <br>3.950% due 01/21/2050 | 3600 | 2676 |
| **Enbridge Energy Partners LP**  |  |  |
| 5.500% due 09/15/2040  | 3000 | 2818 |
| 7.375% due 10/15/2045  | 19792 | 22213 |
| **Enbridge, Inc.**  |  |  |
| 2.500% due 08/01/2033  | 23600 | 18219 |
| 3.400% due 08/01/2051  | 29500 | 20158 |
| 4.500% due 06/10/2044  | 10948 | 9154 |
| **Energy Transfer LP**  |  |  |
| 3.600% due 02/01/2023  | 4256 | 4248 |
| 4.050% due 03/15/2025  | 800 | 776 |
| 4.250% due 03/15/2023  | 8506 | 8486 |
| 4.400% due 03/15/2027  | 800 | 761 |
| 4.500% due 04/15/2024  | 300 | 296 |
| 4.900% due 03/15/2035  | 19773 | 17679 |
| 4.950% due 01/15/2043  | 27800 | 22463 |
| 5.000% due 05/15/2044  | 44517 | 36503 |
| 5.000% due 05/15/2050  | 3300 | 2651 |
| 5.150% due 02/01/2043  | 26785 | 22261 |
| 5.150% due 03/15/2045  | 42386 | 35261 |
| 5.300% due 04/01/2044  | 12314 | 10448 |
| 5.300% due 04/15/2047  | 21750 | 18202 |
| 5.350% due 05/15/2045  | 20088 | 17122 |
| 5.400% due 10/01/2047  | 5038 | 4290 |
| 5.800% due 06/15/2038  | 900 | 827 |
| 6.050% due 06/01/2041  | 1900 | 1793 |
| 6.100% due 02/15/2042  | 8356 | 7699 |
| 6.125% due 12/15/2045  | 38548 | 35843 |
| 6.500% due 02/01/2042  | 9063 | 8998 |
| 6.625% due 10/15/2036  | 22002 | 22150 |
| 7.500% due 07/01/2038  | 5100 | 5439 |
| **EnLink Midstream Partners LP** <br>5.450% due 06/01/2047 | 13800 | 11109 |
| **Entergy Louisiana LLC**  |  |  |
| 2.900% due 03/15/2051  | 8400 | 5412 |
| 3.100% due 06/15/2041  | 14600 | 10901 |
| 4.200% due 09/01/2048  | 1410 | 1161 |
| 4.750% due 09/15/2052  | 13600 | 12280 |
| 5.000% due 07/15/2044  | 4300 | 3806 |
| **Enterprise Products Operating LLC**  |  |  |
| 4.200% due 01/31/2050  | 10568 | 8360 |
| 4.450% due 02/15/2043  | 77745 | 65848 |
| 4.800% due 02/01/2049  | 3575 | 3064 |
| 4.850% due 08/15/2042  | 11300 | 10033 |
| 4.850% due 03/15/2044  | 32362 | 28682 |
| 5.100% due 02/15/2045  | 31665 | 28608 |
| 5.250% due 08/16/2077 •  | 5601 | 4512 |
| 5.750% due 03/01/2035  | 13761 | 13472 |
| 5.950% due 02/01/2041  | 1863 | 1875 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.450% due 09/01/2040  | 4995 | 5235 |
| 7.630% (US0003M + 2.986%) due 08/16/2077 ~  | 8000 | 7251 |
| **EQM Midstream Partners LP** <br>4.000% due 08/01/2024 | 2095 | 2017 |
| **EQT Corp.** <br>7.000% due 02/01/2030 | 2400 | 2493 |
| **ERAC USA Finance LLC** <br>7.000% due 10/15/2037 | 9200 | 10034 |
| **Essential Utilities, Inc.** <br>5.300% due 05/01/2052 | 11500 | 10818 |
| **Expedia Group, Inc.**  |  |  |
| 3.250% due 02/15/2030  | 5343 | 4544 |
| 4.625% due 08/01/2027  | 4600 | 4421 |
| **FactSet Research Systems, Inc.** <br>3.450% due 03/01/2032 | 10000 | 8411 |
| **FedEx Corp.**  |  |  |
| 3.875% due 08/01/2042  | 765 | 584 |
| 4.550% due 04/01/2046  | 8300 | 6771 |
| 4.750% due 11/15/2045  | 3250 | 2759 |
| 5.100% due 01/15/2044  | 14941 | 13320 |
| **Fidelity National Information Services, Inc.**  |  |  |
| 5.100% due 07/15/2032  | 12300 | 11884 |
| 5.625% due 07/15/2052  | 4000 | 3691 |
| **Fiserv, Inc.** <br>4.400% due 07/01/2049 | 15000 | 12242 |
| **Flex Intermediate Holdco LLC**  |  |  |
| 3.363% due 06/30/2031  | 6400 | 5010 |
| 4.317% due 12/30/2039  | 55500 | 40064 |
| **Flex Ltd.**  |  |  |
| 3.750% due 02/01/2026  | 2000 | 1891 |
| 4.875% due 05/12/2030  | 18200 | 17139 |
| **Ford Foundation**  |  |  |
| 2.415% due 06/01/2050  | 3800 | 2408 |
| 2.815% due 06/01/2070  | 7100 | 4175 |
| **Fortune Brands Innovations, Inc.** <br>4.500% due 03/25/2052 | 6000 | 4531 |
| **Fraport AG Frankfurt Airport Services Worldwide** <br>1.875% due 03/31/2028 | 3000 | 2773 |
| **Freeport-McMoRan, Inc.** <br>5.400% due 11/14/2034 | $7400 | 7002 |
| **Fresenius Medical Care U.S. Finance, Inc.** <br>3.000% due 12/01/2031 (j) | 27100 | 20428 |
| **Gazprom PJSC Via Gaz Capital SA**  |  |  |
| 2.250% due 11/22/2024  | 3900 | 2736 |
| 3.125% due 11/17/2023  | 10700 | 8193 |
| 5.150% due 02/11/2026  | $24500 | 18988 |
| **GE Capital Funding LLC** <br>4.550% due 05/15/2032 | 9751 | 9285 |
| **Gilead Sciences, Inc.**  |  |  |
| 4.750% due 03/01/2046  | 2500 | 2262 |
| 4.800% due 04/01/2044  | 325 | 300 |
| **Glencore Finance Canada Ltd.**  |  |  |
| 5.550% due 10/25/2042  | 8730 | 7881 |
| 6.900% due 11/15/2037  | 100 | 106 |
| **Glencore Finance Europe Ltd.** <br>3.125% due 03/26/2026 | 500 | 560 |
| **Global Payments, Inc.**  |  |  |
| 3.200% due 08/15/2029  | $4586 | 3908 |
| 4.150% due 08/15/2049  | 4400 | 3149 |
| 5.950% due 08/15/2052  | 17885 | 16260 |
| **GNL Quintero SA** <br>4.634% due 07/31/2029 | 4118 | 3984 |
| **GSK Consumer Healthcare Capital U.S. LLC**  |  |  |
| 3.625% due 03/24/2032  | 6700 | 5901 |
| 4.000% due 03/24/2052  | 4900 | 3846 |
| **GTL Trade Finance, Inc.** <br>7.250% due 04/16/2044 (j) | 5200 | 5905 |
| **GTP Acquisition Partners LLC** <br>3.482% due 06/15/2050 | 7500 | 6995 |
| **Halliburton Co.** <br>7.450% due 09/15/2039 | 12739 | 14425 |
| **HCA, Inc.**  |  |  |
| 3.500% due 07/15/2051  | 15500 | 10007 |
| 3.625% due 03/15/2032  | 18500 | 15703 |
| 4.500% due 02/15/2027  | 8800 | 8494 |
| 4.625% due 03/15/2052  | 38800 | 30377 |
| 5.250% due 06/15/2049  | 10000 | 8564 |
| 5.500% due 06/15/2047  | 26202 | 23394 |
| **Heineken NV** <br>4.350% due 03/29/2047 | 12200 | 9853 |
| **Helmerich & Payne, Inc.** <br>2.900% due 09/29/2031 | 15300 | 12457 |
| **Hoag Memorial Hospital Presbyterian** <br>3.803% due 07/15/2052 | 28000 | 21943 |
| **Holcim Finance U.S. LLC** <br>4.750% due 09/22/2046 | 2400 | 1964 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Holcim** **Sterling Finance Netherlands BV** <br>2.250% due 04/04/2034 | 5200 | 4317 |
| **Home Depot, Inc.** <br>4.400% due 03/15/2045 | $9350 | 8401 |
| **Humana, Inc.**  |  |  |
| 3.950% due 08/15/2049  | 11800 | 9328 |
| 8.150% due 06/15/2038  | 1000 | 1168 |
| **Huntsman International LLC** <br>4.500% due 05/01/2029 | 4000 | 3600 |
| **Hyatt Hotels Corp.**  |  |  |
| 4.375% due 09/15/2028  | 1100 | 1009 |
| 6.000% due 04/23/2030  | 5850 | 5736 |
| **Hyundai Capital America** <br>2.000% due 06/15/2028 | 15000 | 12244 |
| **Imperial Brands Finance PLC**  |  |  |
| 3.500% due 07/26/2026  | 7800 | 7163 |
| 3.875% due 07/26/2029  | 6900 | 5916 |
| 4.250% due 07/21/2025  | 19615 | 18751 |
| 6.125% due 07/27/2027  | 13000 | 12958 |
| **Integris Baptist Medical Center, Inc.** <br>3.875% due 08/15/2050 | 10800 | 7854 |
| **International Flavors & Fragrances, Inc.** <br>2.300% due 11/01/2030 | 9000 | 7161 |
| **JetBlue Pass-Through Trust**  |  |  |
| 2.750% due 11/15/2033  | 1732 | 1425 |
| 4.000% due 05/15/2034  | 11733 | 10463 |
| **Juniper Networks, Inc.** <br>5.950% due 03/15/2041 | 42478 | 39768 |
| **Kaiser Foundation Hospitals** <br>4.150% due 05/01/2047 | 14300 | 12188 |
| **Kansas City Southern**  |  |  |
| 3.500% due 05/01/2050  | 2300 | 1648 |
| 4.300% due 05/15/2043  | 5000 | 4135 |
| 4.700% due 05/01/2048  | 17700 | 15336 |
| 4.950% due 08/15/2045  | 24795 | 22400 |
| **Keurig Dr Pepper, Inc.** <br>4.500% due 04/15/2052 | 60000 | 50306 |
| **Kinder Morgan Energy Partners LP**  |  |  |
| 4.700% due 11/01/2042  | 6209 | 5157 |
| 5.000% due 08/15/2042  | 4000 | 3441 |
| 5.000% due 03/01/2043  | 33335 | 28617 |
| 5.400% due 09/01/2044  | 300 | 271 |
| 5.625% due 09/01/2041  | 1700 | 1568 |
| 5.800% due 03/15/2035  | 10942 | 10733 |
| 6.375% due 03/01/2041  | 10715 | 10646 |
| 6.500% due 02/01/2037  | 12219 | 12367 |
| 6.500% due 09/01/2039  | 36840 | 37294 |
| 6.550% due 09/15/2040  | 30300 | 30511 |
| 6.950% due 01/15/2038  | 800 | 850 |
| 7.400% due 03/15/2031  | 5000 | 5425 |
| 7.500% due 11/15/2040  | 25567 | 28012 |
| **Kinder Morgan, Inc.**  |  |  |
| 5.300% due 12/01/2034  | 1365 | 1282 |
| 7.800% due 08/01/2031  | 2000 | 2237 |
| **Kraft Heinz Foods Co.**  |  |  |
| 4.125% due 07/01/2027  | 1000 | 1157 |
| 4.375% due 06/01/2046  | $6000 | 4903 |
| 5.000% due 06/04/2042  | 10250 | 9318 |
| 5.500% due 06/01/2050  | 7000 | 6729 |
| 6.500% due 02/09/2040  | 47238 | 50165 |
| 7.125% due 08/01/2039  | 16043 | 17706 |
| **L3Harris Technologies, Inc.** <br>4.854% due 04/27/2035 | 2150 | 2011 |
| **Las Vegas Sands Corp.**  |  |  |
| 2.900% due 06/25/2025  | 2800 | 2576 |
| 3.200% due 08/08/2024  | 27700 | 26198 |
| 3.500% due 08/18/2026  | 132600 | 119877 |
| 3.900% due 08/08/2029 (j)  | 15442 | 13040 |
| **Leidos, Inc.**  |  |  |
| 2.300% due 02/15/2031  | 7900 | 6070 |
| 4.375% due 05/15/2030  | 2000 | 1808 |
| **Leland Stanford Junior University** <br>2.413% due 06/01/2050 | 12600 | 7996 |
| **Level 3 Financing, Inc.** <br>3.875% due 11/15/2029 | 11350 | 8977 |
| **Lockheed Martin Corp.**  |  |  |
| 3.600% due 03/01/2035  | 2500 | 2228 |
| 4.150% due 06/15/2053  | 1000 | 854 |
| 4.300% due 06/15/2062  | 23300 | 19718 |
| 4.500% due 05/15/2036  | 2100 | 2012 |
| **Lowe's Cos., Inc.**  |  |  |
| 4.250% due 04/01/2052  | 2500 | 1995 |
| 4.450% due 04/01/2062  | 6300 | 4930 |
| **Marathon Petroleum Corp.** <br>6.500% due 03/01/2041 | 13503 | 13932 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Marriott** **International, Inc.**  |  |  |
| 2.750% due 10/15/2033  | 10000 | 7657 |
| 2.850% due 04/15/2031  | 9700 | 7878 |
| 3.500% due 10/15/2032  | 23700 | 19781 |
| 3.600% due 04/15/2024  | 7600 | 7452 |
| 4.625% due 06/15/2030  | 9690 | 9065 |
| **Marvell Technology, Inc.**  |  |  |
| 2.950% due 04/15/2031  | 13894 | 11209 |
| 4.875% due 06/22/2028  | 10200 | 9741 |
| **Masco Corp.**  |  |  |
| 4.500% due 05/15/2047  | 1909 | 1501 |
| 7.750% due 08/01/2029  | 2539 | 2782 |
| **Massachusetts Institute of Technology** <br>5.600% due 07/01/2111 | 1668 | 1738 |
| **McDonald's Corp.** <br>3.625% due 09/01/2049 | 16800 | 12719 |
| **MDC Holdings, Inc.**  |  |  |
| 3.966% due 08/06/2061  | 10300 | 5789 |
| 6.000% due 01/15/2043  | 25375 | 20707 |
| **Merck & Co., Inc.**  |  |  |
| 2.750% due 12/10/2051  | 13500 | 9086 |
| 2.900% due 12/10/2061  | 13500 | 8648 |
| **Meta Platforms, Inc.**  |  |  |
| 4.450% due 08/15/2052  | 8000 | 6399 |
| 4.650% due 08/15/2062  | 19200 | 15507 |
| **Micron Technology, Inc.** <br>5.327% due 02/06/2029 | 8500 | 8177 |
| **Microsoft Corp.**  |  |  |
| 2.675% due 06/01/2060  | 32710 | 20923 |
| 2.921% due 03/17/2052 (j)  | 20236 | 14422 |
| **Mileage Plus Holdings LLC** <br>6.500% due 06/20/2027 | 5760 | 5740 |
| **Moody's Corp.**  |  |  |
| 2.000% due 08/19/2031  | 1700 | 1347 |
| 3.100% due 11/29/2061  | 6000 | 3805 |
| 3.250% due 05/20/2050  | 1500 | 1044 |
| 3.750% due 02/25/2052  | 7600 | 5825 |
| 4.875% due 12/17/2048  | 9000 | 8171 |
| 5.250% due 07/15/2044  | 4144 | 4010 |
| **Motorola Solutions, Inc.**  |  |  |
| 2.300% due 11/15/2030  | 3100 | 2431 |
| 5.500% due 09/01/2044  | 5686 | 5146 |
| **MPLX LP**  |  |  |
| 4.900% due 04/15/2058  | 19120 | 15071 |
| 4.950% due 03/14/2052  | 33343 | 27395 |
| 5.200% due 03/01/2047  | 5000 | 4266 |
| 5.200% due 12/01/2047  | 2100 | 1796 |
| 5.500% due 02/15/2049  | 200 | 177 |
| **Mylan, Inc.**  |  |  |
| 3.125% due 01/15/2023  | 700 | 699 |
| 5.200% due 04/15/2048  | 17200 | 12874 |
| **National Grid Electricity Transmission PLC**  |  |  |
| 2.000% due 09/16/2038  | 919 | 698 |
| 2.000% due 04/17/2040  | 3300 | 2425 |
| **Nationwide Children's Hospital, Inc.** <br>4.556% due 11/01/2052 | $2500 | 2234 |
| **NBCUniversal Media LLC** <br>4.450% due 01/15/2043 | 19107 | 16887 |
| **Netflix, Inc.**  |  |  |
| 4.875% due 04/15/2028  | 9450 | 9146 |
| 4.875% due 06/15/2030  | 1500 | 1401 |
| 5.375% due 11/15/2029  | 3900 | 3790 |
| **Newcrest Finance Pty. Ltd.** <br>5.750% due 11/15/2041 | 22905 | 20973 |
| **Newell Brands, Inc.** <br>5.625% due 04/01/2036 | 2309 | 1987 |
| **Newmont Corp.**  |  |  |
| 5.450% due 06/09/2044  | 31100 | 29757 |
| 6.250% due 10/01/2039  | 1710 | 1793 |
| **Nissan Motor Co. Ltd.**  |  |  |
| 4.345% due 09/17/2027  | 6600 | 5995 |
| 4.810% due 09/17/2030  | 10400 | 8849 |
| **Norfolk Southern Corp.**  |  |  |
| 3.942% due 11/01/2047  | 4994 | 4022 |
| 4.050% due 08/15/2052  | 2510 | 2024 |
| 4.100% due 05/15/2121  | 9700 | 6756 |
| **Northern Natural Gas Co.**  |  |  |
| 3.400% due 10/16/2051  | 3500 | 2376 |
| 4.100% due 09/15/2042  | 14000 | 10644 |
| 4.300% due 01/15/2049  | 18375 | 14699 |
| **Northrop Grumman Corp.** <br>3.850% due 04/15/2045 | 9500 | 7622 |
| **Northwell Healthcare, Inc.** <br>3.809% due 11/01/2049 | 14900 | 10697 |
| **NPC Ukrenergo** <br>6.875% due 11/09/2028 ^(b) | 800 | 142 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Nucor** **Corp.** <br>3.850% due 04/01/2052 | 6100 | 4705 |
| **NXP BV**  |  |  |
| 3.150% due 05/01/2027  | 1800 | 1635 |
| 3.250% due 05/11/2041  | 3300 | 2315 |
| 5.000% due 01/15/2033  | 3800 | 3600 |
| 5.350% due 03/01/2026  | 10000 | 9955 |
| 5.550% due 12/01/2028  | 2200 | 2202 |
| **Ochsner LSU Health System of North Louisiana** <br>2.510% due 05/15/2031 | 5600 | 4121 |
| **Odebrecht Oil & Gas Finance Ltd.** <br>0.000% due 01/30/2023 (d)(f) | 4491 | 11 |
| **ONEOK Partners LP**  |  |  |
| 6.125% due 02/01/2041  | 27327 | 25893 |
| 6.200% due 09/15/2043  | 47644 | 45448 |
| 6.650% due 10/01/2036  | 4765 | 4788 |
| 6.850% due 10/15/2037  | 8494 | 8595 |
| **Oracle Corp.**  |  |  |
| 3.600% due 04/01/2040  | 22300 | 16440 |
| 3.600% due 04/01/2050  | 32670 | 22132 |
| 3.650% due 03/25/2041 (h)  | 18500 | 13726 |
| 3.800% due 11/15/2037  | 8405 | 6685 |
| 3.850% due 07/15/2036  | 1500 | 1232 |
| 3.850% due 04/01/2060  | 61842 | 41363 |
| 3.900% due 05/15/2035  | 5000 | 4198 |
| 3.950% due 03/25/2051 (h)  | 7500 | 5376 |
| 4.000% due 07/15/2046  | 15350 | 11249 |
| 4.000% due 11/15/2047  | 64510 | 47425 |
| 4.100% due 03/25/2061 (h)  | 50450 | 35251 |
| 4.125% due 05/15/2045  | 5100 | 3867 |
| 4.500% due 07/08/2044  | 1400 | 1132 |
| 6.900% due 11/09/2052 (h)  | 20000 | 21513 |
| **Orlando Health Obligated Group** <br>3.327% due 10/01/2050 | 8500 | 5922 |
| **Owens Corning**  |  |  |
| 4.300% due 07/15/2047  | 19940 | 15430 |
| 4.400% due 01/30/2048  | 22600 | 17608 |
| 7.000% due 12/01/2036  | 246 | 261 |
| **Pacific National Finance Pty. Ltd.**  |  |  |
| 4.750% due 03/22/2028  | 14885 | 13220 |
| 6.000% due 04/07/2023  | 19900 | 19892 |
| **Packaging Corp. of America** <br>4.050% due 12/15/2049 | 3100 | 2378 |
| **Paramount Global** <br>4.850% due 07/01/2042 | 1834 | 1364 |
| **PayPal Holdings, Inc.**  |  |  |
| 5.050% due 06/01/2052  | 11000 | 10021 |
| 5.250% due 06/01/2062  | 15000 | 13714 |
| **PeaceHealth Obligated Group** <br>4.787% due 11/15/2048 | 2200 | 1914 |
| **Penske Truck Leasing Co. LP** <br>4.250% due 01/17/2023 | 7204 | 7202 |
| **Perrigo Finance Unlimited Co.** <br>4.400% due 06/15/2030 | 13300 | 11350 |
| **Petroleos Mexicanos**  |  |  |
| 6.700% due 02/16/2032  | 1428 | 1124 |
| 6.750% due 09/21/2047  | 84889 | 54353 |
| 6.950% due 01/28/2060  | 8284 | 5255 |
| 7.690% due 01/23/2050  | 17742 | 12316 |
| **Pfizer, Inc.** <br>5.600% due 09/15/2040 | 16865 | 17729 |
| **Philip Morris International, Inc.**  |  |  |
| 3.875% due 08/21/2042  | 1875 | 1431 |
| 4.125% due 03/04/2043  | 2575 | 2045 |
| 4.250% due 11/10/2044  | 24400 | 19697 |
| 4.375% due 11/15/2041  | 11100 | 9194 |
| 4.875% due 11/15/2043  | 2500 | 2197 |
| **Pioneer Natural Resources Co.** <br>7.200% due 01/15/2028 | 24475 | 25961 |
| **Prosus NV**  |  |  |
| 3.680% due 01/21/2030  | 1600 | 1334 |
| 3.832% due 02/08/2051  | 12300 | 7474 |
| 4.027% due 08/03/2050  | 4000 | 2509 |
| **PulteGroup, Inc.** <br>5.500% due 03/01/2026 | 1775 | 1783 |
| **QatarEnergy Trading LLC**  |  |  |
| 3.125% due 07/12/2041  | 200 | 154 |
| 3.300% due 07/12/2051  | 22880 | 16950 |
| **QVC, Inc.**  |  |  |
| 4.850% due 04/01/2024  | 800 | 741 |
| 5.950% due 03/15/2043  | 24665 | 12230 |
| **Ras Laffan Liquefied Natural Gas Co. Ltd.**  |  |  |
| 5.838% due 09/30/2027  | 4072 | 4103 |
| 6.332% due 09/30/2027  | 2909 | 2943 |
| **Raytheon Technologies Corp.**  |  |  |
| 4.050% due 05/04/2047  | 7100 | 5859 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.450% due 11/16/2038  | 6200 | 5658 |
| **Regeneron Pharmaceuticals, Inc.** <br>1.750% due 09/15/2030 | 2150 | 1665 |
| **Reliance Industries Ltd.** <br>3.750% due 01/12/2062 | 9300 | 6041 |
| **Reynolds American, Inc.**  |  |  |
| 5.850% due 08/15/2045  | 21248 | 18187 |
| 6.150% due 09/15/2043  | 10920 | 9785 |
| **Rockies Express Pipeline LLC** <br>7.500% due 07/15/2038 | 25640 | 23898 |
| **Rogers Communications, Inc.**  |  |  |
| 3.800% due 03/15/2032  | 10000 | 8657 |
| 4.500% due 03/15/2042  | 6900 | 5652 |
| 4.550% due 03/15/2052  | 26300 | 20512 |
| **Royalty Pharma PLC**  |  |  |
| 3.300% due 09/02/2040  | 12900 | 8999 |
| 3.350% due 09/02/2051  | 1000 | 620 |
| 3.550% due 09/02/2050  | 17900 | 11509 |
| **S&P Global, Inc.**  |  |  |
| 2.300% due 08/15/2060  | 4400 | 2415 |
| 2.900% due 03/01/2032  | 3460 | 2961 |
| 3.250% due 12/01/2049  | 1700 | 1224 |
| 3.700% due 03/01/2052  | 14000 | 10876 |
| 3.900% due 03/01/2062  | 2800 | 2178 |
| 4.250% due 05/01/2029  | 7700 | 7366 |
| **Sabine Pass Liquefaction LLC**  |  |  |
| 4.200% due 03/15/2028  | 24200 | 22791 |
| 4.500% due 05/15/2030  | 26265 | 24408 |
| 5.000% due 03/15/2027  | 35800 | 35158 |
| 5.625% due 03/01/2025  | 300 | 301 |
| 5.750% due 05/15/2024  | 8950 | 8957 |
| 5.875% due 06/30/2026  | 7556 | 7654 |
| **Sands China Ltd.**  |  |  |
| 2.800% due 03/08/2027  | 600 | 515 |
| 4.875% due 06/18/2030  | 19300 | 16987 |
| 5.625% due 08/08/2025  | 31500 | 30158 |
| 5.900% due 08/08/2028  | 38300 | 35913 |
| **Santos Finance Ltd.** <br>3.649% due 04/29/2031 | 35700 | 28410 |
| **Saudi Arabian Oil Co.**  |  |  |
| 3.250% due 11/24/2050  | 14600 | 10323 |
| 3.500% due 11/24/2070  | 19600 | 13387 |
| **Seagate HDD Cayman**  |  |  |
| 4.125% due 01/15/2031  | 1263 | 988 |
| 9.625% due 12/01/2032  | 1790 | 1965 |
| **Skyworks Solutions, Inc.** <br>3.000% due 06/01/2031 | 20200 | 15895 |
| **South Jersey Industries, Inc.** <br>5.020% due 04/15/2031 | 28000 | 21825 |
| **Southern Co.**  |  |  |
| 3.700% due 04/30/2030  | 100 | 90 |
| 3.750% due 09/15/2051 •  | 18400 | 14903 |
| 4.250% due 07/01/2036  | 9300 | 8173 |
| 4.400% due 07/01/2046  | 19705 | 16527 |
| **Southern Natural Gas Co. LLC** <br>8.000% due 03/01/2032 | 8346 | 9184 |
| **Spirit AeroSystems, Inc.**  |  |  |
| 3.850% due 06/15/2026  | 2400 | 2176 |
| 4.600% due 06/15/2028  | 800 | 647 |
| **Spirit Airlines Pass-Through Trust** <br>4.100% due 10/01/2029 | 4382 | 3909 |
| **Sprint Spectrum Co. LLC** <br>5.152% due 09/20/2029 | 22100 | 21803 |
| **Standard Industries, Inc.** <br>4.750% due 01/15/2028 | 17100 | 15413 |
| **Starbucks Corp.**  |  |  |
| 3.500% due 11/15/2050  | 17358 | 12606 |
| 4.450% due 08/15/2049  | 2000 | 1710 |
| **Suncor Energy, Inc.**  |  |  |
| 6.500% due 06/15/2038  | 100 | 103 |
| 7.000% due 11/15/2028  | 17772 | 18943 |
| **Sutter Health**  |  |  |
| 3.161% due 08/15/2040  | 1950 | 1465 |
| 3.361% due 08/15/2050  | 2600 | 1774 |
| **Suzano Austria GmbH** <br>6.000% due 01/15/2029 | 13600 | 13559 |
| **Sydney Airport Finance Co. Pty. Ltd.** <br>3.900% due 03/22/2023 | 1200 | 1197 |
| **Syngenta Finance NV**  |  |  |
| 4.441% due 04/24/2023  | 1000 | 996 |
| 4.892% due 04/24/2025  | 5547 | 5377 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.050% due 02/15/2028  | 11600 | 9982 |
| 2.550% due 02/15/2031  | 10400 | 8521 |
| 2.700% due 03/15/2032  | 2300 | 1864 |
| 3.300% due 02/15/2051  | 39900 | 26802 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.400% due 10/15/2052  | 31800 | 21511 |
| 3.500% due 04/15/2031  | 1100 | 952 |
| 3.600% due 11/15/2060  | 39797 | 26460 |
| 3.750% due 04/15/2027  | 14400 | 13585 |
| 3.875% due 04/15/2030  | 4395 | 3991 |
| 4.375% due 04/15/2040  | 18700 | 16035 |
| 4.500% due 04/15/2050  | 52300 | 43257 |
| 5.650% due 01/15/2053  | 19000 | 18499 |
| 5.800% due 09/15/2062  | 4300 | 4186 |
| **Take-Two Interactive Software, Inc.** <br>4.000% due 04/14/2032 | 7700 | 6837 |
| **Targa Resources Corp.**  |  |  |
| 4.950% due 04/15/2052  | 8900 | 7081 |
| 6.250% due 07/01/2052  | 14300 | 13569 |
| **TD SYNNEX Corp.**  |  |  |
| 2.375% due 08/09/2028  | 9200 | 7440 |
| 2.650% due 08/09/2031  | 2450 | 1863 |
| **Telefonica Emisiones SA**  |  |  |
| 4.895% due 03/06/2048  | 15330 | 11845 |
| 5.213% due 03/08/2047  | 15900 | 12834 |
| 5.520% due 03/01/2049  | 7800 | 6554 |
| 7.045% due 06/20/2036  | 15097 | 15535 |
| **Tencent Holdings Ltd.**  |  |  |
| 2.390% due 06/03/2030  | 9475 | 7725 |
| 3.240% due 06/03/2050  | 14300 | 9067 |
| 3.290% due 06/03/2060  | 13300 | 7998 |
| 3.595% due 01/19/2028  | 300 | 275 |
| 3.680% due 04/22/2041  | 82000 | 60421 |
| 3.840% due 04/22/2051  | 9100 | 6464 |
| 3.925% due 01/19/2038  | 12700 | 10142 |
| 3.940% due 04/22/2061  | 14300 | 9862 |
| 3.975% due 04/11/2029  | 36613 | 33773 |
| **Tennessee Gas Pipeline Co. LLC**  |  |  |
| 2.900% due 03/01/2030  | 4500 | 3779 |
| 7.625% due 04/01/2037  | 320 | 350 |
| **Texas Eastern Transmission LP** <br>4.150% due 01/15/2048 | 400 | 323 |
| **Thomas Jefferson University** <br>3.847% due 11/01/2057 | 7300 | 5240 |
| **Thomson Reuters Corp.** <br>5.650% due 11/23/2043 | 10791 | 9956 |
| **Time Warner Cable Enterprises LLC**  |  |  |
| 8.375% due 03/15/2023  | 1128 | 1135 |
| 8.375% due 07/15/2033  | 18420 | 20523 |
| **Time Warner Cable LLC**  |  |  |
| 4.500% due 09/15/2042  | 18500 | 13610 |
| 5.500% due 09/01/2041  | 14800 | 12338 |
| 5.875% due 11/15/2040  | 5200 | 4550 |
| 6.550% due 05/01/2037  | 7306 | 6982 |
| 6.750% due 06/15/2039  | 52495 | 49914 |
| 7.300% due 07/01/2038  | 2080 | 2071 |
| **Topaz Solar Farms LLC** <br>4.875% due 09/30/2039 | 5044 | 4489 |
| **TotalEnergies Capital International SA** <br>3.386% due 06/29/2060 | 10700 | 7503 |
| **TransCanada PipeLines Ltd.**  |  |  |
| 4.625% due 03/01/2034  | 800 | 732 |
| 4.750% due 05/15/2038  | 2300 | 2059 |
| 4.875% due 05/15/2048  | 25600 | 22483 |
| 6.200% due 10/15/2037  | 3484 | 3567 |
| 7.250% due 08/15/2038  | 1075 | 1195 |
| 7.625% due 01/15/2039  | 10020 | 11502 |
| **Transcontinental Gas Pipe Line Co. LLC**  |  |  |
| 3.950% due 05/15/2050  | 23200 | 17753 |
| 4.600% due 03/15/2048  | 2400 | 2006 |
| 5.400% due 08/15/2041  | 4330 | 4127 |
| **Trustees of the University of Pennsylvania** <br>4.674% due 09/01/2112 | 2500 | 2139 |
| **Trustees of Tufts College** <br>5.017% due 04/15/2112 | 3000 | 2461 |
| **TSMC Global Ltd.** <br>2.250% due 04/23/2031 | 5200 | 4226 |
| **TTX Co.** <br>4.600% due 02/01/2049 | 3700 | 3214 |
| **U.S. Airways Pass-Through Trust**  |  |  |
| 3.950% due 05/15/2027  | 4705 | 4280 |
| 4.625% due 12/03/2026  | 1932 | 1763 |
| 7.125% due 04/22/2025  | 1314 | 1323 |
| **UMass Memorial Health Care Obligated Group** <br>5.363% due 07/01/2052 | 1900 | 1760 |
| **Union Pacific Corp.**  |  |  |
| 2.973% due 09/16/2062  | 800 | 518 |
| 3.550% due 08/15/2039  | 2800 | 2324 |
| 3.550% due 05/20/2061  | 22710 | 16654 |
| 3.750% due 02/05/2070  | 9600 | 7051 |
| 3.799% due 04/06/2071  | 12500 | 9280 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.950% due 08/15/2059  | 10 | 8 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 3361 | 2721 |
| 3.100% due 01/07/2030  | 25251 | 22814 |
| 3.100% due 04/07/2030  | 3114 | 2522 |
| 3.450% due 06/01/2029  | 2126 | 1895 |
| 3.450% due 01/07/2030  | 783 | 660 |
| 3.500% due 09/01/2031  | 3884 | 3363 |
| 3.750% due 03/03/2028  | 5690 | 5244 |
| 4.000% due 10/11/2027  | 10419 | 9695 |
| 4.150% due 02/25/2033  | 8428 | 7478 |
| 4.300% due 02/15/2027  | 11001 | 10248 |
| 4.550% due 02/25/2033  | 13247 | 11170 |
| 5.875% due 04/15/2029  | 36832 | 36365 |
| **UnitedHealth Group, Inc.**  |  |  |
| 3.050% due 05/15/2041  | 27200 | 20551 |
| 3.250% due 05/15/2051  | 20200 | 14553 |
| 3.700% due 08/15/2049  | 5800 | 4619 |
| 3.750% due 10/15/2047  | 6160 | 4929 |
| 3.875% due 08/15/2059  | 700 | 552 |
| 4.200% due 01/15/2047  | 285 | 245 |
| 4.625% due 11/15/2041  | 14000 | 12977 |
| 4.750% due 07/15/2045  | 5099 | 4802 |
| 4.950% due 05/15/2062  | 5000 | 4712 |
| 5.950% due 02/15/2041  | 4700 | 4988 |
| 6.875% due 02/15/2038  | 150 | 177 |
| **Vale Overseas Ltd.**  |  |  |
| 3.750% due 07/08/2030  | 3800 | 3333 |
| 6.875% due 11/21/2036  | 22806 | 24115 |
| **Valero Energy Corp.** <br>3.650% due 12/01/2051 | 13500 | 9593 |
| **VeriSign, Inc.** <br>2.700% due 06/15/2031 | 9400 | 7679 |
| **Verisk Analytics, Inc.** <br>3.625% due 05/15/2050 | 11900 | 8264 |
| **VMware, Inc.**  |  |  |
| 1.800% due 08/15/2028  | 5600 | 4583 |
| 2.200% due 08/15/2031  | 7700 | 5862 |
| 3.900% due 08/21/2027  | 3200 | 2992 |
| 4.500% due 05/15/2025  | 2900 | 2846 |
| 4.700% due 05/15/2030  | 25900 | 24154 |
| **Volkswagen Group of America Finance LLC** <br>3.350% due 05/13/2025 | 1900 | 1816 |
| **Wabtec Transportation Netherlands BV** <br>1.250% due 12/03/2027 | 2450 | 2230 |
| **Walt Disney Co.**  |  |  |
| 2.750% due 09/01/2049  | $22900 | 15251 |
| 3.500% due 05/13/2040  | 10100 | 8172 |
| 3.600% due 01/13/2051  | 7900 | 6055 |
| 3.800% due 05/13/2060  | 43500 | 33376 |
| 4.750% due 09/15/2044  | 6000 | 5566 |
| **Warnermedia Holdings, Inc.**  |  |  |
| 5.050% due 03/15/2042  | 4240 | 3259 |
| 5.141% due 03/15/2052  | 13200 | 9647 |
| 5.391% due 03/15/2062  | 42174 | 30956 |
| **West Virginia United Health System Obligated Group** <br>3.129% due 06/01/2050 | 4400 | 2839 |
| **Western & Southern Life Insurance Co.**  |  |  |
| 3.750% due 04/28/2061  | 24300 | 16339 |
| 5.150% due 01/15/2049  | 16000 | 14407 |
| **Western Digital Corp.** <br>4.750% due 02/15/2026 | 2375 | 2242 |
| **Westinghouse Air Brake Technologies Corp.** <br>4.950% due 09/15/2028 | 4690 | 4512 |
| **Weyerhaeuser Co.** <br>7.700% due 02/15/2026 | 8555 | 9110 |
| **Whirlpool Corp.** <br>5.150% due 03/01/2043 | 14775 | 12863 |
| **Williams Cos., Inc.**  |  |  |
| 5.300% due 08/15/2052  | 11500 | 10343 |
| 8.750% due 03/15/2032  | 1710 | 2020 |
| **Woodside Finance Ltd.** <br>4.500% due 03/04/2029 | 6700 | 6295 |
| **Workday, Inc.** <br>3.800% due 04/01/2032 (j) | 34700 | 30728 |
| **Wynn Las Vegas LLC**  |  |  |
| 4.250% due 05/30/2023  | 2947 | 2909 |
| 5.500% due 03/01/2025  | 6635 | 6313 |
| **Yale University** <br>2.402% due 04/15/2050 | 6900 | 4412 |
| **Yara International ASA**  |  |  |
| 3.148% due 06/04/2030  | 4800 | 3857 |
| 4.750% due 06/01/2028  | 4400 | 4054 |
| **Zimmer Biomet Holdings, Inc.**  |  |  |
| 1.164% due 11/15/2027  | 3300 | 3077 |
| 4.250% due 08/15/2035  | $1681 | 1398 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.450% due 08/15/2045  | 2600 | 2056 |
| **Zoetis, Inc.**  |  |  |
| 3.950% due 09/12/2047  | 9000 | 7297 |
| 4.450% due 08/20/2048  | 7500 | 6493 |
| 4.700% due 02/01/2043  | 4069 | 3668 |
|  |  | 8732762 |
| **UTILITIES 14.6%**  |  |  |
| **AEP Texas, Inc.**  |  |  |
| 3.450% due 05/15/2051  | 10000 | 7103 |
| 4.150% due 05/01/2049  | 14400 | 11309 |
| **AES Corp.** <br>3.950% due 07/15/2030 | 7000 | 6206 |
| **Alabama Power Co.**  |  |  |
| 3.450% due 10/01/2049  | 3600 | 2610 |
| 3.700% due 12/01/2047  | 100 | 77 |
| 3.850% due 12/01/2042  | 2950 | 2389 |
| 3.940% due 09/01/2032  | 5500 | 5068 |
| 4.300% due 07/15/2048  | 8700 | 7280 |
| 5.200% due 06/01/2041  | 200 | 187 |
| **Alliant Energy Finance LLC** <br>3.600% due 03/01/2032 | 13500 | 11677 |
| **Ameren Illinois Co.**  |  |  |
| 2.900% due 06/15/2051  | 32500 | 21783 |
| 3.250% due 03/15/2050  | 2600 | 1875 |
| 3.700% due 12/01/2047  | 2200 | 1752 |
| 4.150% due 03/15/2046  | 5451 | 4663 |
| **American Electric Power Co., Inc.** <br>3.875% due 02/15/2062 •  | 9100 | 7101 |
| **American Transmission Systems, Inc.** <br>5.000% due 09/01/2044 | 13395 | 12233 |
| **American Water Capital Corp.**  |  |  |
| 3.750% due 09/01/2047  | 5000 | 3915 |
| 4.300% due 12/01/2042  | 8700 | 7592 |
| 6.593% due 10/15/2037  | 150 | 167 |
| **Appalachian Power Co.**  |  |  |
| 4.400% due 05/15/2044  | 6350 | 5261 |
| 4.500% due 08/01/2032  | 4400 | 4116 |
| 5.800% due 10/01/2035  | 2176 | 2131 |
| 6.375% due 04/01/2036  | 5146 | 5277 |
| 6.700% due 08/15/2037  | 3600 | 3761 |
| 7.000% due 04/01/2038  | 2978 | 3334 |
| **Arizona Public Service Co.**  |  |  |
| 3.350% due 05/15/2050  | 13650 | 9019 |
| 3.500% due 12/01/2049  | 7100 | 4851 |
| 4.500% due 04/01/2042  | 6104 | 5046 |
| **AT&T, Inc.**  |  |  |
| 3.150% due 09/04/2036  | 2800 | 2599 |
| 3.500% due 09/15/2053  | $68897 | 46811 |
| 3.550% due 09/15/2055  | 124782 | 83821 |
| 3.650% due 06/01/2051  | 13050 | 9250 |
| 3.650% due 09/15/2059  | 269441 | 181590 |
| 3.800% due 12/01/2057  | 201180 | 139734 |
| 3.850% due 06/01/2060  | 28820 | 20131 |
| **Atmos Energy Corp.** <br>4.300% due 10/01/2048 | 16400 | 13873 |
| **Avista Corp.** <br>4.000% due 04/01/2052 | 12800 | 10101 |
| **Berkshire Hathaway Energy Co.**  |  |  |
| 4.450% due 01/15/2049  | 24790 | 21416 |
| 4.500% due 02/01/2045  | 580 | 508 |
| 4.600% due 05/01/2053  | 15000 | 13108 |
| **BG Energy Capital PLC** <br>5.125% due 10/15/2041 | 30145 | 28302 |
| **Black Hills Corp.** <br>4.200% due 09/15/2046 | 4284 | 3277 |
| **Boston Gas Co.** <br>4.487% due 02/15/2042 | 7784 | 6554 |
| **British Telecommunications PLC** <br>9.625% due 12/15/2030 | 10075 | 12094 |
| **Brooklyn Union Gas Co.** <br>4.487% due 03/04/2049 | 7500 | 5764 |
| **CenterPoint Energy Houston Electric LLC**  |  |  |
| 2.900% due 07/01/2050  | 4400 | 2981 |
| 3.350% due 04/01/2051  | 13900 | 10303 |
| 3.600% due 03/01/2052  | 16270 | 12583 |
| **Cleco Corporate Holdings LLC** <br>4.973% due 05/01/2046 | 400 | 339 |
| **Cleco Power LLC** <br>6.000% due 12/01/2040 | 18175 | 17230 |
| **Cleveland Electric Illuminating Co.** <br>5.950% due 12/15/2036 | 7000 | 6975 |
| **CMS Energy Corp.** <br>4.700% due 03/31/2043 | 3837 | 3235 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Commonwealth** **Edison Co.**  |  |  |
| 3.000% due 03/01/2050  | 5200 | 3593 |
| 3.125% due 03/15/2051  | 17300 | 12019 |
| 3.850% due 03/15/2052  | 8400 | 6730 |
| **Connecticut Light & Power Co.**  |  |  |
| 2.050% due 07/01/2031  | 4845 | 3903 |
| 4.000% due 04/01/2048  | 1300 | 1092 |
| 4.300% due 04/15/2044  | 13009 | 11289 |
| **Consolidated Edison Co. of New York, Inc.**  |  |  |
| 3.000% due 12/01/2060  | 6480 | 4062 |
| 3.600% due 06/15/2061  | 22385 | 16070 |
| 4.125% due 05/15/2049  | 18110 | 14811 |
| 4.200% due 03/15/2042  | 5000 | 4206 |
| 4.500% due 05/15/2058  | 33831 | 28244 |
| 4.625% due 12/01/2054  | 2285 | 1950 |
| 5.700% due 06/15/2040  | 4900 | 4884 |
| **Constellation Energy Generation LLC**  |  |  |
| 5.600% due 06/15/2042  | 21664 | 20975 |
| 6.250% due 10/01/2039  | 13115 | 13435 |
| **Consumers Energy Co.**  |  |  |
| 4.050% due 05/15/2048  | 8100 | 6722 |
| 4.100% due 11/15/2045  | 2150 | 1723 |
| 4.350% due 04/15/2049  | 14000 | 12243 |
| **Dayton Power & Light Co.** <br>3.950% due 06/15/2049 | 11000 | 8566 |
| **Dominion Energy, Inc.**  |  |  |
| 2.250% due 08/15/2031  | 15600 | 12452 |
| 4.600% due 03/15/2049  | 4046 | 3423 |
| 4.850% due 08/15/2052  | 17000 | 14772 |
| 5.375% due 11/15/2032  | 6700 | 6662 |
| **DTE Electric Co.**  |  |  |
| 2.950% due 03/01/2050  | 4100 | 2800 |
| 3.250% due 04/01/2051  | 8400 | 6054 |
| 3.650% due 03/01/2052  | 5600 | 4359 |
| 3.950% due 06/15/2042  | 500 | 396 |
| 4.300% due 07/01/2044  | 9150 | 7911 |
| **Duke Energy Carolinas LLC**  |  |  |
| 2.850% due 03/15/2032  | 6400 | 5433 |
| 3.200% due 08/15/2049  | 16000 | 11288 |
| 3.450% due 04/15/2051  | 5600 | 4118 |
| 3.550% due 03/15/2052  | 8000 | 6015 |
| 3.700% due 12/01/2047  | 15355 | 11756 |
| 3.750% due 06/01/2045  | 4358 | 3402 |
| 3.875% due 03/15/2046  | 2034 | 1609 |
| 3.950% due 03/15/2048  | 9915 | 7981 |
| 4.000% due 09/30/2042  | 3500 | 2911 |
| 4.250% due 12/15/2041  | 16400 | 14228 |
| **Duke Energy Corp.**  |  |  |
| 3.300% due 06/15/2041  | 7450 | 5449 |
| 3.500% due 06/15/2051  | 4450 | 3110 |
| 3.750% due 09/01/2046  | 17850 | 13322 |
| 3.950% due 08/15/2047  | 4670 | 3547 |
| 4.200% due 06/15/2049  | 5000 | 3971 |
| **Duke Energy Florida LLC**  |  |  |
| 4.200% due 07/15/2048  | 7600 | 6409 |
| 5.650% due 04/01/2040  | 6000 | 6080 |
| **Duke Energy Indiana LLC** <br>4.900% due 07/15/2043 | 105 | 98 |
| **Duke Energy Progress LLC**  |  |  |
| 2.500% due 08/15/2050  | 25000 | 15112 |
| 3.600% due 09/15/2047  | 44900 | 33831 |
| 4.100% due 03/15/2043  | 6026 | 5075 |
| **Duquesne Light Holdings, Inc.** <br>2.532% due 10/01/2030 | 3700 | 2940 |
| **E.ON International Finance BV** <br>6.650% due 04/30/2038 | 1520 | 1540 |
| **Electricite de France SA**  |  |  |
| 4.950% due 10/13/2045  | 23555 | 19050 |
| 5.000% due 09/21/2048  | 12622 | 10256 |
| 6.000% due 01/22/2114  | 19398 | 17359 |
| **Emera U.S. Finance LP** <br>4.750% due 06/15/2046 | 11300 | 8765 |
| **Enel Finance America LLC** <br>2.875% due 07/12/2041 | 18100 | 10925 |
| **Enel Finance International NV**  |  |  |
| 4.750% due 05/25/2047  | 44580 | 35154 |
| 7.750% due 10/14/2052  | 13700 | 14709 |
| **Entergy Arkansas LLC**  |  |  |
| 3.350% due 06/15/2052  | 7400 | 5176 |
| 4.200% due 04/01/2049  | 5800 | 4776 |
| **Entergy Corp.** <br>3.750% due 06/15/2050 | 13000 | 9632 |
| **Entergy Mississippi LLC** <br>3.500% due 06/01/2051 | 1500 | 1081 |
| **Entergy Texas, Inc.**  |  |  |
| 4.500% due 03/30/2039  | 4000 | 3482 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.000% due 09/15/2052  | 11900 | 10954 |
| **Evergy Kansas Central, Inc.** <br>3.450% due 04/15/2050 | 8300 | 6046 |
| **Evergy Metro, Inc.**  |  |  |
| 4.125% due 04/01/2049  | 15431 | 12436 |
| 4.200% due 06/15/2047  | 1200 | 980 |
| **Eversource Energy** <br>3.350% due 03/15/2026 | 2838 | 2659 |
| **Exelon Corp.** <br>5.625% due 06/15/2035 | 7000 | 7121 |
| **Fells Point Funding Trust** <br>3.046% due 01/31/2027 | 20000 | 18230 |
| **FirstEnergy Corp.** <br>3.400% due 03/01/2050 | 8600 | 5690 |
| **FirstEnergy Transmission LLC**  |  |  |
| 2.866% due 09/15/2028  | 2600 | 2273 |
| 4.350% due 01/15/2025  | 10846 | 10577 |
| 4.550% due 04/01/2049  | 2969 | 2416 |
| 5.450% due 07/15/2044  | 10100 | 9449 |
| **Florida Power & Light Co.**  |  |  |
| 2.875% due 12/04/2051  | 13300 | 8984 |
| 3.700% due 12/01/2047  | 18800 | 15167 |
| 4.050% due 10/01/2044  | 4200 | 3577 |
| **Gazprom PJSC via Gaz Finance PLC**  |  |  |
| 1.500% due 02/17/2027  | 24900 | 18133 |
| 2.950% due 01/27/2029  | $47900 | 33291 |
| 3.250% due 02/25/2030  | 22500 | 16038 |
| **Georgia Power Co.**  |  |  |
| 3.250% due 03/15/2051  | 25300 | 17528 |
| 4.750% due 09/01/2040  | 1425 | 1293 |
| 5.125% due 05/15/2052  | 34800 | 32822 |
| 5.400% due 06/01/2040  | 9085 | 8487 |
| **Idaho Power Co.** <br>4.850% due 08/15/2040 | 8000 | 7154 |
| **Indiana Michigan Power Co.**  |  |  |
| 3.250% due 05/01/2051  | 14800 | 10139 |
| 4.250% due 08/15/2048  | 5000 | 4081 |
| 4.550% due 03/15/2046  | 500 | 421 |
| **Indianapolis Power & Light Co.** <br>5.650% due 12/01/2032 | 15000 | 15432 |
| **Interstate Power & Light Co.** <br>6.250% due 07/15/2039 | 5000 | 5161 |
| **IPALCO Enterprises, Inc.** <br>4.250% due 05/01/2030 | 14524 | 12937 |
| **Jersey Central Power & Light Co.**  |  |  |
| 2.750% due 03/01/2032  | 6000 | 4861 |
| 6.150% due 06/01/2037  | 8562 | 8403 |
| **Kentucky Utilities Co.**  |  |  |
| 3.300% due 06/01/2050  | 4910 | 3473 |
| 4.375% due 10/01/2045  | 7100 | 6040 |
| 5.125% due 11/01/2040  | 14500 | 13793 |
| **KeySpan Gas East Corp.** <br>3.586% due 01/18/2052 | 14200 | 9469 |
| **Louisville Gas & Electric Co.** <br>4.250% due 04/01/2049 | 1900 | 1586 |
| **Metropolitan Edison Co.**  |  |  |
| 3.500% due 03/15/2023  | 1900 | 1894 |
| 4.300% due 01/15/2029  | 3000 | 2823 |
| **MidAmerican Energy Co.**  |  |  |
| 3.650% due 08/01/2048  | 6000 | 4738 |
| 3.950% due 08/01/2047  | 8262 | 6770 |
| 4.250% due 07/15/2049  | 5300 | 4524 |
| 4.400% due 10/15/2044  | 500 | 444 |
| **Midwest Connector Capital Co. LLC** <br>4.625% due 04/01/2029 | 12200 | 11047 |
| **Mississippi Power Co.**  |  |  |
| 3.100% due 07/30/2051  | 18550 | 11895 |
| 4.250% due 03/15/2042  | 7400 | 6034 |
| **Monongahela Power Co.** <br>5.400% due 12/15/2043 | 9061 | 8773 |
| **National Grid PLC** <br>2.949% due 03/30/2030 | 9700 | 9550 |
| **National Rural Utilities Cooperative Finance Corp.** <br>4.400% due 11/01/2048 | $7000 | 5866 |
| **New York State Electric & Gas Corp.** <br>3.300% due 09/15/2049 | 8800 | 5957 |
| **NextEra Energy Capital Holdings, Inc.** <br>5.650% due 05/01/2079 •  | 5100 | 4642 |
| **NGPL PipeCo LLC**  |  |  |
| 3.250% due 07/15/2031  | 10000 | 8160 |
| 7.768% due 12/15/2037  | 1100 | 1150 |
| **Niagara Mohawk Power Corp.**  |  |  |
| 4.119% due 11/28/2042  | 3850 | 2997 |
| 5.783% due 09/16/2052  | 13550 | 13583 |
| **NiSource, Inc.**  |  |  |
| 3.950% due 03/30/2048  | 6830 | 5330 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.375% due 05/15/2047  | 14845 | 12485 |
| 5.650% due 02/01/2045  | 8640 | 8476 |
| 5.800% due 02/01/2042  | 6723 | 6312 |
| **Northern States Power Co.** <br>4.500% due 06/01/2052 | 6800 | 6201 |
| **Novatek OAO via Novatek Finance DAC**  |  |  |
| 4.422% due 12/31/2023  | 600 | 600 |
| 4.422% due 12/13/2049  | 21700 | 21700 |
| **NSTAR Electric Co.**  |  |  |
| 4.400% due 03/01/2044  | 1500 | 1321 |
| 4.550% due 06/01/2052  | 5900 | 5344 |
| 4.950% due 09/15/2052  | 9200 | 8944 |
| **Odebrecht Drilling Norbe Ltd. (6.350% Cash and 1.000% PIK)** <br>7.350% due 12/01/2026 ^(a) | 8129 | 4491 |
| **Odebrecht Offshore Drilling Finance Ltd. (6.720% Cash and 1.000% PIK)** <br>7.720% due 12/01/2026 ^(a) | 7612 | 2036 |
| **Oglethorpe Power Corp.**  |  |  |
| 3.750% due 08/01/2050  | 10600 | 7651 |
| 4.500% due 04/01/2047  | 35100 | 28035 |
| 5.050% due 10/01/2048  | 28500 | 24504 |
| 5.250% due 09/01/2050  | 25000 | 21510 |
| **Ohio Edison Co.**  |  |  |
| 5.500% due 01/15/2033  | 4000 | 3976 |
| 6.875% due 07/15/2036  | 3500 | 3792 |
| 8.250% due 10/15/2038  | 1000 | 1195 |
| **Ohio Power Co.** <br>2.900% due 10/01/2051 | 5600 | 3669 |
| **Oklahoma Gas & Electric Co.** <br>5.850% due 06/01/2040 | 4000 | 3925 |
| **Oncor Electric Delivery Co. LLC**  |  |  |
| 3.100% due 09/15/2049  | 6000 | 4275 |
| 4.100% due 11/15/2048  | 421 | 358 |
| 4.600% due 06/01/2052  | 3000 | 2761 |
| 4.950% due 09/15/2052  | 2100 | 2040 |
| 5.250% due 09/30/2040  | 15100 | 15044 |
| 5.300% due 06/01/2042  | 600 | 600 |
| 7.250% due 01/15/2033  | 1900 | 2213 |
| 7.500% due 09/01/2038  | 2590 | 3143 |
| **ONEOK, Inc.**  |  |  |
| 4.000% due 07/13/2027  | 2730 | 2573 |
| 4.950% due 07/13/2047  | 4900 | 3969 |
| 5.200% due 07/15/2048  | 67423 | 56466 |
| 7.150% due 01/15/2051  | 7000 | 7149 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.100% due 08/01/2027  | 4200 | 3593 |
| 2.500% due 02/01/2031  | 22900 | 17820 |
| 2.950% due 03/01/2026  | 300 | 275 |
| 3.000% due 06/15/2028  | 1000 | 866 |
| 3.150% due 01/01/2026  | 25532 | 23752 |
| 3.250% due 06/01/2031  | 9500 | 7745 |
| 3.300% due 03/15/2027  | 4910 | 4375 |
| 3.300% due 12/01/2027  | 8000 | 7073 |
| 3.300% due 08/01/2040  | 11300 | 7689 |
| 3.400% due 08/15/2024  | 1000 | 960 |
| 3.450% due 07/01/2025  | 7046 | 6677 |
| 3.500% due 08/01/2050  | 68788 | 42987 |
| 3.750% due 02/15/2024  | 1800 | 1764 |
| 3.750% due 07/01/2028  | 4564 | 4056 |
| 3.750% due 08/15/2042  | 18181 | 12261 |
| 3.950% due 12/01/2047  | 12183 | 8307 |
| 4.000% due 12/01/2046  | 22370 | 15059 |
| 4.200% due 06/01/2041  | 2000 | 1488 |
| 4.250% due 03/15/2046  | 26543 | 18564 |
| 4.300% due 03/15/2045  | 9100 | 6486 |
| 4.500% due 07/01/2040  | 25910 | 20345 |
| 4.500% due 12/15/2041  | 22000 | 15610 |
| 4.550% due 07/01/2030  | 10826 | 9838 |
| 4.600% due 06/15/2043  | 10454 | 7936 |
| 4.650% due 08/01/2028  | 17000 | 15662 |
| 4.750% due 02/15/2044  | 15157 | 11655 |
| 4.950% due 07/01/2050  | 37577 | 29277 |
| 5.250% due 03/01/2052  | 2000 | 1642 |
| **PacifiCorp**  |  |  |
| 2.900% due 06/15/2052  | 22703 | 14926 |
| 3.300% due 03/15/2051  | 16000 | 11568 |
| 4.125% due 01/15/2049  | 6400 | 5269 |
| 5.350% due 12/01/2053  | 2500 | 2490 |
| **PECO Energy Co.**  |  |  |
| 2.800% due 06/15/2050  | 6500 | 4282 |
| 4.150% due 10/01/2044  | 8900 | 7607 |
| 4.600% due 05/15/2052  | 9400 | 8505 |
| 4.800% due 10/15/2043  | 1185 | 1047 |
| **Pennsylvania Electric Co.** <br>6.150% due 10/01/2038 | 2409 | 2411 |
| **Perusahaan Perseroan Persero PT Perusahaan Listrik Negara**  |  |  |
| 4.000% due 06/30/2050  | 14100 | 10117 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.875% due 07/17/2049  | 11200 | 8864 |
| **PG&E Recovery Funding LLC**  |  |  |
| 5.256% due 01/15/2040  | 5000 | 4967 |
| 5.536% due 07/15/2049  | 8000 | 8145 |
| **Piedmont Natural Gas Co., Inc.**  |  |  |
| 3.350% due 06/01/2050  | 9095 | 6125 |
| 5.050% due 05/15/2052  | 5000 | 4539 |
| **Plains All American Pipeline LP**  |  |  |
| 4.500% due 12/15/2026  | 550 | 529 |
| 5.150% due 06/01/2042  | 300 | 244 |
| 6.700% due 05/15/2036  | 2533 | 2466 |
| **PPL Electric Utilities Corp.**  |  |  |
| 3.000% due 10/01/2049  | 16700 | 11337 |
| 5.200% due 07/15/2041  | 5500 | 5143 |
| **Progress Energy, Inc.**  |  |  |
| 6.000% due 12/01/2039  | 700 | 711 |
| 7.750% due 03/01/2031  | 12091 | 13733 |
| **Public Service Co. of Colorado**  |  |  |
| 3.200% due 03/01/2050  | 10500 | 7503 |
| 3.950% due 03/15/2043  | 1500 | 1205 |
| 4.100% due 06/15/2048  | 4000 | 3335 |
| 4.500% due 06/01/2052  | 4600 | 4155 |
| **Public Service Co. of New Hampshire** <br>3.600% due 07/01/2049 | 4700 | 3631 |
| **Public Service Co. of Oklahoma**  |  |  |
| 3.150% due 08/15/2051  | 2300 | 1536 |
| 6.625% due 11/15/2037  | 1135 | 1195 |
| **Public Service Electric & Gas Co.** <br>3.000% due 03/01/2051 | 2600 | 1783 |
| **Puget Energy, Inc.**  |  |  |
| 4.100% due 06/15/2030  | 6010 | 5381 |
| 4.224% due 03/15/2032 (h)  | 9500 | 8459 |
| **Puget Sound Energy, Inc.**  |  |  |
| 4.223% due 06/15/2048  | 3800 | 3097 |
| 5.764% due 07/15/2040  | 8200 | 8021 |
| **Rio Oil Finance Trust** <br>9.750% due 01/06/2027 | 12422 | 12923 |
| **San Diego Gas & Electric Co.**  |  |  |
| 2.950% due 08/15/2051  | 15400 | 10477 |
| 3.320% due 04/15/2050  | 10305 | 7414 |
| 3.700% due 03/15/2052  | 15130 | 11976 |
| 3.750% due 06/01/2047  | 7550 | 5901 |
| 3.950% due 11/15/2041  | 1968 | 1539 |
| 4.100% due 06/15/2049  | 14172 | 11613 |
| 4.150% due 05/15/2048  | 12140 | 10192 |
| 4.500% due 08/15/2040  | 2600 | 2351 |
| **Saudi Electricity Global Sukuk Co.**  |  |  |
| 5.060% due 04/08/2043  | 47700 | 46767 |
| 5.500% due 04/08/2044  | 37700 | 39168 |
| **Sempra Energy**  |  |  |
| 3.250% due 06/15/2027  | 3300 | 3058 |
| 3.400% due 02/01/2028  | 1000 | 930 |
| 4.000% due 02/01/2048  | 8424 | 6604 |
| 6.000% due 10/15/2039  | 15145 | 15373 |
| **Southern California Edison Co.**  |  |  |
| 2.750% due 02/01/2032  | 6800 | 5713 |
| 2.950% due 02/01/2051  | 13000 | 8385 |
| 3.450% due 02/01/2052  | 14000 | 10027 |
| 3.650% due 02/01/2050  | 12765 | 9382 |
| 3.650% due 06/01/2051  | 31200 | 22836 |
| 3.700% due 08/01/2025  | 5000 | 4842 |
| 3.900% due 12/01/2041  | 42994 | 32453 |
| 3.900% due 03/15/2043  | 6655 | 5155 |
| 4.000% due 04/01/2047  | 105850 | 83209 |
| 4.050% due 03/15/2042  | 3834 | 3067 |
| 4.125% due 03/01/2048  | 26468 | 21247 |
| 4.500% due 09/01/2040  | 445 | 382 |
| 4.650% due 10/01/2043  | 39850 | 34626 |
| 4.875% due 03/01/2049  | 8096 | 7161 |
| 5.450% due 06/01/2052  | 17600 | 16907 |
| 5.750% due 04/01/2035  | 8073 | 8068 |
| 6.000% due 01/15/2034  | 5900 | 6182 |
| 6.050% due 03/15/2039  | 17000 | 17339 |
| 6.650% due 04/01/2029  | 6995 | 7232 |
| **Southern California Gas Co.**  |  |  |
| 3.750% due 09/15/2042  | 4900 | 3855 |
| 3.950% due 02/15/2050  | 8127 | 6346 |
| 4.300% due 01/15/2049  | 1942 | 1608 |
| 5.125% due 11/15/2040  | 1300 | 1232 |
| **Southern Co. Gas Capital Corp.**  |  |  |
| 4.400% due 05/30/2047  | 11010 | 8775 |
| 5.875% due 03/15/2041  | 7500 | 7486 |
| **Southwest Gas Corp.** <br>4.050% due 03/15/2032 | 11400 | 10041 |
| **Southwestern Electric Power Co.**  |  |  |
| 2.750% due 10/01/2026  | 900 | 830 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.250% due 11/01/2051  | 550 | 364 |
| 3.850% due 02/01/2048  | 20000 | 14845 |
| 6.200% due 03/15/2040  | 14340 | 14623 |
| **Southwestern Public Service Co.**  |  |  |
| 3.150% due 05/01/2050  | 18050 | 12540 |
| 5.150% due 06/01/2052  | 13000 | 12019 |
| 6.000% due 10/01/2036  | 2000 | 1992 |
| **Tampa Electric Co.** <br>4.450% due 06/15/2049 | 18500 | 15367 |
| **Targa Resources Partners LP** <br>4.875% due 02/01/2031 | 6600 | 5968 |
| **Telefonica Europe BV** <br>8.250% due 09/15/2030 | 8650 | 9674 |
| **Toledo Edison Co.**  |  |  |
| 2.650% due 05/01/2028  | 16667 | 14592 |
| 6.150% due 05/15/2037  | 1900 | 1974 |
| **Union Electric Co.** <br>3.900% due 04/01/2052 | 31000 | 25141 |
| **Verizon Communications, Inc.**  |  |  |
| 2.987% due 10/30/2056  | 25810 | 15861 |
| 3.000% due 11/20/2060  | 500 | 300 |
| 3.400% due 03/22/2041  | 11100 | 8390 |
| 3.550% due 03/22/2051  | 400 | 287 |
| 3.700% due 03/22/2061  | 1800 | 1264 |
| 3.850% due 11/01/2042  | 14860 | 11843 |
| 3.875% due 03/01/2052  | 33300 | 25417 |
| 4.812% due 03/15/2039  | 1902 | 1750 |
| 4.862% due 08/21/2046  | 11526 | 10389 |
| **Virginia Electric & Power Co.**  |  |  |
| 3.800% due 09/15/2047  | 7900 | 6078 |
| 4.000% due 11/15/2046  | 10600 | 8367 |
| 4.600% due 12/01/2048  | 4744 | 4133 |
| 6.000% due 05/15/2037  | 400 | 416 |
| **Vodafone Group PLC**  |  |  |
| 4.375% due 02/19/2043  | 3300 | 2655 |
| 4.875% due 06/19/2049  | 30855 | 25929 |
| 5.125% due 06/19/2059  | 22200 | 19099 |
| 5.250% due 05/30/2048  | 21100 | 18686 |
| 6.250% due 11/30/2032  | 2650 | 2780 |
| 7.000% due 04/04/2079 •  | 5700 | 5739 |
| **Washington Gas Light Co.** <br>3.650% due 09/15/2049 | 1400 | 1023 |
| **Wisconsin Electric Power Co.**  |  |  |
| 4.300% due 10/15/2048  | 15000 | 12310 |
| 5.700% due 12/01/2036  | 220 | 221 |
| **Wisconsin Power & Light Co.** <br>3.950% due 09/01/2032 | 5000 | 4591 |
| **Wisconsin Public Service Corp.**  |  |  |
| 2.850% due 12/01/2051  | 21000 | 13527 |
| 3.300% due 09/01/2049  | 3100 | 2177 |
| **Xcel Energy, Inc.**  |  |  |
| 4.600% due 06/01/2032  | 10000 | 9580 |
| 6.500% due 07/01/2036  | 6900 | 7500 |
|  |  | 3463505 |
| Total Corporate Bonds & Notes (Cost $22,250,755) |  | 18407840 |
| **MUNICIPAL BONDS & NOTES 2.9%**  |  |  |
| **CALIFORNIA 1.1%**  |  |  |
| **Alameda County, California Joint Powers Authority Revenue Bonds, (BABs), Series 2010** <br>7.046% due 12/01/2044 | 7000 | 8438 |
| **Bay Area Toll Authority, California Revenue Bonds, (BABs), Series 2009** <br>6.263% due 04/01/2049 | 4800 | 5456 |
| **Bay Area Toll Authority, California Revenue Bonds, (BABs), Series 2010**  |  |  |
| 6.793% due 04/01/2030  | 540 | 568 |
| 6.907% due 10/01/2050  | 28895 | 35384 |
| 7.043% due 04/01/2050  | 15775 | 19442 |
| **Burbank, California Water Revenue Bonds, (BABs), Series 2010** <br>5.797% due 06/01/2040 | 2220 | 2334 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, (BABs), Series 2010** <br>6.486% due 05/15/2049 | 4500 | 4918 |
| **California State General Obligation Bonds, (BABs), (AGM/CR Insured), Series 2010** <br>6.875% due 11/01/2026 | 2550 | 2741 |
| **California State General Obligation Bonds, (BABs), Series 2009**  |  |  |
| 7.500% due 04/01/2034  | 4840 | 5856 |
| 7.550% due 04/01/2039  | 12135 | 15219 |
| **California State General Obligation Bonds, (BABs), Series 2010** <br>7.625% due 03/01/2040 | 7575 | 9585 |
| **California State Public Works Board Revenue Bonds, (BABs), Series 2010** <br>7.804% due 03/01/2035 | 9010 | 10529 |
| **California State University Revenue Bonds, (BABs), Series 2010** <br>6.484% due 11/01/2041 | 2000 | 2229 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021**  |  |  |
| 3.000% due 06/01/2046  | 975 | 903 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.714% due 06/01/2041  | 13800 | 10371 |
| **Golden State, California Tobacco Securitization Corp. Revenue Notes, Series 2021** <br>1.850% due 06/01/2031 | 470 | 463 |
| **Irvine Ranch Water District, California Special Assessment Bonds, (BABs), Series 2010** <br>6.622% due 05/01/2040 | 10000 | 11196 |
| **Los Angeles Community College District, California General Obligation Bonds, Series 2020** <br>2.106% due 08/01/2032 | 6500 | 5206 |
| **Los Angeles County, California Public Works Financing Authority Revenue Bonds, (BABs), Series 2010**  |  |  |
| 7.488% due 08/01/2033  | 15400 | 17483 |
| 7.618% due 08/01/2040  | 5200 | 6395 |
| **Los Angeles Department of Water & Power, California Revenue Bonds, (BABs), Series 2010** <br>6.603% due 07/01/2050 | 400 | 474 |
| **Los Angeles Department of Water & Power, California Revenue Bonds, Series 2010** <br>5.516% due 07/01/2027 | 1800 | 1843 |
| **Los Angeles, California Wastewater System Revenue Bonds, (BABs), Series 2010** <br>5.713% due 06/01/2039 | 100 | 105 |
| **Napa Valley Unified School District, California General Obligation Bonds, (BABs), Series 2010** <br>6.507% due 08/01/2043 | 2000 | 2216 |
| **Newport Beach, California Certificates of Participation Bonds, (BABs), Series 2010** <br>7.168% due 07/01/2040 | 900 | 1041 |
| **Northern California Power Agency Revenue Bonds, (BABs), Series 2010** <br>7.311% due 06/01/2040 | 500 | 585 |
| **Pasadena Public Financing Authority, California Revenue Bonds, (BABs), Series 2010** <br>7.148% due 03/01/2043 | 10400 | 12230 |
| **Regents of the University of California Medical Center Pooled Revenue Bonds, (BABs), Series 2009** <br>6.583% due 05/15/2049 | 4305 | 4905 |
| **Regents of the University of California Medical Center Pooled Revenue Bonds, (BABs), Series 2010** <br>6.548% due 05/15/2048 | 25100 | 28596 |
| **Riverside County, California Revenue Bonds, Series 2020** <br>3.818% due 02/15/2038 | 2500 | 2180 |
| **San Diego County, California Water Authority Revenue Bonds, (BABs), Series 2010** <br>6.138% due 05/01/2049 | 1800 | 1995 |
| **University of California Revenue Bonds, Series 2012**  |  |  |
| 4.053% due 05/15/2041  | 4985 | 4142 |
| 4.858% due 05/15/2112  | 27844 | 23553 |
| **University of California Revenue Bonds, Series 2015** <br>4.767% due 05/15/2115 | 7803 | 6388 |
|  |  | 264969 |
| **FLORIDA 0.1%**  |  |  |
| **State Board of Administration Finance Corp., Florida Revenue Notes, Series 2020**  |  |  |
| 1.705% due 07/01/2027  | 3100 | 2701 |
| 2.154% due 07/01/2030  | 11700 | 9593 |
|  |  | 12294 |
| **GEORGIA 0.2%**  |  |  |
| **Municipal Electric Authority of Georgia Revenue Bonds, (BABs), Series 2010**  |  |  |
| 6.637% due 04/01/2057  | 2299 | 2465 |
| 6.655% due 04/01/2057  | 42333 | 45811 |
|  |  | 48276 |
| **ILLINOIS 0.2%**  |  |  |
| **Chicago Transit Authority, Illinois Revenue Bonds, (BABs), Series 2010** <br>6.200% due 12/01/2040 | 900 | 970 |
| **Chicago Transit Authority, Illinois Revenue Bonds, Series 2008** <br>6.899% due 12/01/2040 | 15955 | 17712 |
| **Chicago, Illinois General Obligation Bonds, Series 2015** <br>7.750% due 01/01/2042 | 5855 | 6124 |
| **Chicago, Illinois General Obligation Bonds, Series 2017** <br>7.045% due 01/01/2029 | 1455 | 1475 |
| **Illinois Municipal Electric Agency Revenue Bonds, (BABs), Series 2009** <br>6.832% due 02/01/2035 | 2800 | 3045 |
| **Wheaton College, Illinois Revenue Bonds, Series 2004** <br>6.090% due 10/01/2034 | 5000 | 5368 |
|  |  | 34694 |
| **INDIANA 0.0%**  |  |  |
| **Indiana Finance Authority Revenue Bonds, (BABs), Series 2009** <br>6.596% due 02/01/2039 | 1750 | 2043 |
| **MASSACHUSETTS 0.0%**  |  |  |
| **Massachusetts Port Authority Revenue Bonds, Series 2011** <br>6.202% due 07/01/2031 | 3240 | 3322 |
| **MICHIGAN 0.1%**  |  |  |
| **Michigan State University Revenue Bonds, Series 2022** <br>4.165% due 08/15/2122 | 16800 | 12425 |
| **University of Michigan Revenue Bonds, Series 2020**  |  |  |
| 2.437% due 04/01/2040  | 15000 | 10818 |
| 2.562% due 04/01/2050  | 7000 | 4547 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **University** **of Michigan Revenue Bonds, Series 2022** <br>4.454% due 04/01/2122 | 7400 | 6021 |
|  |  | 33811 |
| **NEVADA 0.0%**  |  |  |
| **Reno, Nevada Revenue Bonds, (NPFGC Insured), Series 2005** <br>0.000% due 06/01/2036 (d) | 6375 | 3078 |
| **NEW JERSEY 0.1%**  |  |  |
| **New Jersey Turnpike Authority Revenue Bonds, (BABs), Series 2010** <br>7.102% due 01/01/2041 | 8980 | 10850 |
| **NEW MEXICO 0.0%**  |  |  |
| **New Mexico Hospital Equipment Loan Council Revenue Bonds, Series 2017** <br>4.406% due 08/01/2046 | 6100 | 5115 |
| **NEW YORK 0.5%**  |  |  |
| **Metropolitan Transportation Authority, New York Revenue Bonds, (BABs), Series 2010** <br>6.814% due 11/15/2040 | 18085 | 18948 |
| **New York City Transitional Finance Authority Future Tax Secured, New York Revenue Bonds, (BABs), Series 2010**  |  |  |
| 5.467% due 05/01/2040  | 6700 | 6570 |
| 5.508% due 08/01/2037  | 800 | 823 |
| 5.572% due 11/01/2038  | 9000 | 9248 |
| **New York City, New York Industrial Development Agency Revenue Bonds, (AGM Insured), Series 2006** <br>6.027% due 01/01/2046 | 490 | 476 |
| **New York State Dormitory Authority Revenue Bonds, (BABs), Series 2009** <br>5.427% due 03/15/2039 | 1200 | 1220 |
| **New York State Dormitory Authority Revenue Bonds, (BABs), Series 2010**  |  |  |
| 5.289% due 03/15/2033  | 500 | 505 |
| 5.389% due 03/15/2040  | 200 | 203 |
| **New York State Dormitory Authority Revenue Bonds, Series 2010** <br>5.051% due 09/15/2027 | 2735 | 2740 |
| **New York State Urban Development Corp. Revenue Bonds, (BABs), Series 2009** <br>5.770% due 03/15/2039 | 9410 | 9673 |
| **Port Authority of New York & New Jersey Revenue Bonds, Series 2010** <br>5.647% due 11/01/2040 | 500 | 523 |
| **Port Authority of New York & New Jersey Revenue Bonds, Series 2011** <br>4.926% due 10/01/2051 | 200 | 189 |
| **Port Authority of New York & New Jersey Revenue Bonds, Series 2012** <br>4.458% due 10/01/2062 | 84130 | 73244 |
| **Port Authority of New York & New Jersey Revenue Bonds, Series 2014** <br>5.310% due 08/01/2046 | 2800 | 2797 |
|  |  | 127159 |
| **OHIO 0.3%**  |  |  |
| **American Municipal Power, Inc., Ohio Revenue Bonds, (BABs), Series 2009** <br>6.449% due 02/15/2044 | 1000 | 1078 |
| **American Municipal Power, Inc., Ohio Revenue Bonds, (BABs), Series 2010** <br>8.084% due 02/15/2050 | 40725 | 52515 |
| **American Municipal Power, Inc., Ohio Revenue Bonds, Series 2010**  |  |  |
| 7.334% due 02/15/2028  | 1160 | 1238 |
| 7.734% due 02/15/2033  | 7325 | 8340 |
| **Ohio State University Revenue Bonds, Series 2011** <br>4.800% due 06/01/2111 | 67 | 55 |
|  |  | 63226 |
| **OREGON 0.0%**  |  |  |
| **Oregon Department of Transportation State Revenue Bonds, (BABs), Series 2010** <br>5.834% due 11/15/2034 | 9200 | 9893 |
| **PENNSYLVANIA 0.1%**  |  |  |
| **Pennsylvania Economic Development Financing Authority Revenue Bonds, (BABs), Series 2010** <br>6.532% due 06/15/2039 | 11500 | 12226 |
| **TEXAS 0.2%**  |  |  |
| **Dallas Convention Center Hotel Development Corp., Texas Revenue Bonds, (BABs), Series 2009** <br>7.088% due 01/01/2042 | 14000 | 15269 |
| **Dallas, Texas General Obligation Bonds, Series 2005**  |  |  |
| 0.000% due 02/15/2033 (d)  | 19795 | 11381 |
| 0.000% due 02/15/2035 (d)  | 8205 | 4183 |
| **Texas Transportation Commission State Highway Fund Revenue Bonds, (BABs), Series 2010** <br>5.178% due 04/01/2030 | 16000 | 16320 |

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------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **University** **of Texas System Revenue Bonds, Series 2020** <br>2.439% due 08/15/2049 | 8700 | 5483 |
|  |  | 52636 |
| **VIRGINIA 0.0%**  |  |  |
| **University of Virginia Revenue Bonds, (BABs), Series 2009** <br>6.200% due 09/01/2039 | 1245 | 1411 |
| **WISCONSIN 0.0%**  |  |  |
| **Milwaukee Redevelopment Authority, Wisconsin Revenue Bonds, (NPFGC Insured), Series 2003**  |  |  |
| 0.000% due 04/01/2036 (d)  | 1900 | 916 |
| 0.000% due 04/01/2037 (d)  | 2150 | 976 |
| 0.000% due 04/01/2038 (d)  | 2800 | 1194 |
| 0.000% due 04/01/2039 (d)  | 2500 | 1000 |
|  |  | 4086 |
| Total Municipal Bonds & Notes (Cost $713,898) |  | 689089 |
| **U.S. GOVERNMENT AGENCIES 5.3%**  |  |  |
| **Freddie Mac**  |  |  |
| 3.936% due 08/15/2032 ~ | 3 | 3 |
| 4.317% due 10/25/2052 ~ | 18738 | 17702 |
| **Ginnie Mae**  |  |  |
| 4.500% due 09/15/2033 | 6 | 6 |
| 8.500% due 09/15/2030 | 3 | 3 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.500% due 12/01/2042 - 04/01/2049 | 7681 | 7136 |
| 4.000% due 10/01/2040 - 08/01/2049 | 658 | 627 |
| 6.000% due 01/01/2023 - 08/01/2036 | 2 | 2 |
| 7.000% due 11/01/2026 | 2 | 2 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 02/01/2053  | 218700 | 192154 |
| 3.500% due 02/01/2049  | 61000 | 55426 |
| 3.500% due 02/01/2053 | 291164 | 264727 |
| 4.000% due 01/01/2053  | 14000 | 13132 |
| 4.000% due 02/01/2053 - 03/01/2053 | 471550 | 442439 |
| 4.500% due 02/01/2053 | 275000 | 264739 |
| Total U.S. Government Agencies (Cost $1,274,416) |  | 1258098 |
| **U.S. TREASURY OBLIGATIONS 25.4%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.125% due 05/15/2040 (l)(n) | 35339 | 22137 |
| 1.375% due 11/15/2040 (j)(l)(n) | 401150 | 261014 |
| 1.750% due 08/15/2041 (j)(l)(n) | 240300 | 164563 |
| 1.875% due 02/15/2041 (j) | 2013386 | 1424156 |
| 2.000% due 11/15/2041 (j)(l)(n) | 103500 | 73952 |
| 2.250% due 05/15/2041 (l)(n) | 86300 | 64924 |
| 2.250% due 02/15/2052 (j) | 660927 | 459861 |
| 2.375% due 02/15/2042 (j) | 693100 | 529531 |
| 2.500% due 02/15/2045 (l)(n) | 496718 | 374430 |
| 2.500% due 02/15/2046 (j)(l)(n) | 213985 | 160305 |
| 2.500% due 05/15/2046 (j)(l)(n) | 189000 | 141174 |
| 2.750% due 08/15/2047 (j)(l)(n) | 216500 | 169098 |
| 2.750% due 11/15/2047 (l)(n) | 100512 | 78490 |
| 2.875% due 08/15/2045 (j)(l)(n) | 183507 | 147924 |
| 2.875% due 05/15/2049 (j) | 597100 | 480782 |
| 2.875% due 05/15/2052 | 274613 | 220119 |
| 3.000% due 08/15/2048 (j)(l)(n) | 145464 | 119530 |
| 3.125% due 02/15/2043 (j)(l)(n) | 196900 | 168165 |
| 3.125% due 05/15/2048 (l)(n) | 91885 | 77270 |
| 3.250% due 05/15/2042 (j)(l)(n) | 368086 | 322880 |
| 3.375% due 08/15/2042 (j) | 173500 | 155120 |
| 4.000% due 11/15/2052 | 282000 | 282485 |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 02/15/2051  | 101871 | 65708 |
| 0.250% due 02/15/2050  | 10780 | 7280 |
| 0.875% due 02/15/2047  | 10617 | 8714 |
| 1.000% due 02/15/2049  | 10303 | 8622 |
| Total U.S. Treasury Obligations (Cost $7,465,020) |  | 5988234 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.3%**  |  |  |
| **1166 Avenue of the Americas Commercial Mortgage Trust** <br>5.690% due 10/13/2037 | 20220 | 16971 |
| **BIG Commercial Mortgage Trust** <br>5.678% due 02/15/2039 •  | 5600 | 5386 |
| **Countrywide Home Loan Mortgage Pass-Through Trust** <br>5.049% due 02/25/2035 ~ | 9 | 8 |
| **HomeBanc Mortgage Trust** <br>5.049% due 07/25/2035 •  | 1151 | 1147 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>4.248% due 07/05/2033 | 6100 | 5707 |

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<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Merrill** **Lynch Mortgage Investors Trust**  |  |  |
| 4.386% due 03/25/2028 •  | 7 | 6 |
| 5.905% due 01/25/2029 •  | 27 | 27 |
| **Natixis Commercial Mortgage Securities Trust** <br>3.821% due 02/15/2039 | 9900 | 8756 |
| **New Residential Mortgage Loan Trust** <br>2.750% due 11/25/2059 ~ | 11364 | 10411 |
| **One New York Plaza Trust** <br>5.268% due 01/15/2036 •  | 8000 | 7562 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>3.980% due 09/25/2034 ~ | 196 | 188 |
| **Towd Point Mortgage Funding** <br>4.071% (SONIO/N + 1.144%) due 10/20/2051 ~ | 5370 | 6454 |
| **Towd Point Mortgage Trust** <br>5.389% due 05/25/2058 ~ | $1626 | 1612 |
| Total Non-Agency Mortgage-Backed Securities (Cost $73,151) |  | 64235 |
| **ASSET-BACKED SECURITIES 0.5%**  |  |  |
| **AASET Trust** <br>3.844% due 01/16/2038 | 6474 | 3987 |
| **AIM Aviation Finance Ltd.** <br>6.213% due 02/15/2040 þ | 10031 | 6856 |
| **Finance America Mortgage Loan Trust** <br>5.259% due 11/25/2034 •  | 5660 | 5393 |
| **JP Morgan Mortgage Acquisition Corp.** <br>5.109% due 12/25/2035 ~ | 1335 | 1323 |
| **KDAC Aviation Finance Ltd.** <br>4.212% due 12/15/2042 | 5059 | 3895 |
| **Labrador Aviation Finance Ltd.** <br>4.300% due 01/15/2042 | 15208 | 12053 |
| **LoanCore Issuer Ltd.** <br>5.618% due 07/15/2036 •  | 2320 | 2235 |
| **MAPS Ltd.** <br>4.212% due 05/15/2043 | 5718 | 5112 |
| **METAL LLC** <br>4.581% due 10/15/2042 | 12414 | 6524 |
| **Morgan Stanley ABS Capital, Inc. Trust** <br>5.244% due 03/25/2034 •  | 4025 | 3919 |
| **RBSSP Resecuritization Trust** <br>4.176% due 11/26/2036 ~ | 299 | 292 |
| **Sapphire Aviation Finance Ltd.** <br>4.250% due 03/15/2040 | 8292 | 6443 |
| **SBA Tower Trust** <br>3.869% due 10/15/2049 þ | 11400 | 10902 |
| **Soundview Home Loan Trust** <br>4.849% due 06/25/2036 ~ | 6978 | 6665 |
| **Start Ltd.** <br>4.089% due 03/15/2044 | 3925 | 3355 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>5.389% due 08/25/2037 •  | 104 | 102 |
| **Venture CLO Ltd.** <br>5.373% due 04/20/2032 ~ | 8000 | 7800 |
| **Vertical Bridge Holdings LLC**  |  |  |
| 2.636% due 09/15/2050  | 25000 | 22333 |
| 3.706% due 02/15/2057  | 7100 | 5635 |
| Total Asset-Backed Securities (Cost $138,807) |  | 114824 |
| **SOVEREIGN ISSUES 2.3%**  |  |  |
| **Australia Government International Bond** <br>1.000% due 11/21/2031 | 64750 | 34205 |
| **Brazil Government International Bond** <br>5.000% due 01/27/2045 | $46630 | 34700 |
| **Chile Government International Bond** <br>4.000% due 01/31/2052 | 3200 | 2480 |
| **Colombia Government International Bond** <br>6.125% due 01/18/2041 | 200 | 160 |
| **Emirate of Abu Dhabi Government International Bond**  |  |  |
| 2.700% due 09/02/2070  | 37100 | 23220 |
| 3.125% due 04/16/2030  | 13700 | 12744 |
| 3.875% due 04/16/2050  | 12600 | 10720 |
| **Israel Government International Bond**  |  |  |
| 3.800% due 05/13/2060  | 2100 | 1652 |
| 3.875% due 07/03/2050  | 18000 | 15213 |
| 4.125% due 01/17/2048  | 13300 | 11695 |
| 4.500% due 04/03/2120  | 4600 | 4058 |
| **Mexico Government International Bond**  |  |  |
| 3.771% due 05/24/2061  | 59442 | 37762 |
| 4.280% due 08/14/2041  | 1500 | 1160 |
| **Peru Government International Bond**  |  |  |
| 5.350% due 08/12/2040  | 5250 | 1035 |
| 5.400% due 08/12/2034  | 8300 | 1756 |
| 5.940% due 02/12/2029  | 106393 | 25725 |
| 6.350% due 08/12/2028  | 194900 | 48845 |
| 6.900% due 08/12/2037  | 18128 | 4297 |

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<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.950% due 08/12/2031  | 13100 | 3259 |
| 8.200% due 08/12/2026  | 224000 | 61790 |
| **Qatar Government International Bond**  |  |  |
| 4.000% due 03/14/2029  | $14500 | 14277 |
| 4.400% due 04/16/2050  | 6800 | 6241 |
| 4.817% due 03/14/2049  | 4000 | 3902 |
| 5.103% due 04/23/2048  | 28900 | 29114 |
| **Romania Government International Bond**  |  |  |
| 1.750% due 07/13/2030  | 9100 | 6807 |
| 2.875% due 04/13/2042  | 9100 | 5478 |
| 3.750% due 02/07/2034  | 2900 | 2324 |
| **Russia Government International Bond**  |  |  |
| 4.250% due 06/23/2027 ^(b)  | $6800 | 2380 |
| 4.750% due 05/27/2026 ^(b)  | 8600 | 3010 |
| 5.250% due 06/23/2047 ^(b)  | 13600 | 5032 |
| 5.625% due 04/04/2042 ^(b)  | 2400 | 1524 |
| 5.875% due 09/16/2043 ^(b)  | 800 | 478 |
| **Saudi Government International Bond**  |  |  |
| 3.450% due 02/02/2061  | 13100 | 9418 |
| 4.000% due 04/17/2025  | 500 | 494 |
| 4.500% due 10/26/2046  | 47700 | 42453 |
| 4.625% due 10/04/2047  | 14800 | 13285 |
| 5.000% due 04/17/2049  | 15000 | 14164 |
| **South Africa Government International Bond**  |  |  |
| 4.850% due 09/30/2029  | 7300 | 6534 |
| 5.750% due 09/30/2049  | 38900 | 28741 |
| **State Agency of Roads of Ukraine** <br>6.250% due 06/24/2030 | 1000 | 177 |
| Total Sovereign Issues (Cost $681,949) |  | 532309 |
|  | SHARES |  |
| **CONVERTIBLE PREFERRED SECURITIES 0.1%**  |  |  |
| **BANKING & FINANCE 0.1%**  |  |  |
| **Wells Fargo & Co.**<br>7.500% | 20200 | 23937 |
| Total Convertible Preferred Securities (Cost $24,500) |  | 23937 |
| **PREFERRED SECURITIES 4.3%**  |  |  |
| **BANKING & FINANCE 3.9%**  |  |  |
| **AgriBank FCB**<br>6.875% (US0003M + 4.225%) due 01/01/2024 ~(f) | 130000 | 12981 |
| **American Express Co.**<br>3.550% due 09/15/2026 •(f) | 13600000 | 11197 |
| **Bank of America Corp.**  |  |  |
| 5.125% due 06/20/2024 •(f) | 19798000 | 18486 |
| 5.875% due 03/15/2028 •(f) | 131854000 | 116925 |
| 6.125% due 04/27/2027 •(f) | 36800000 | 36025 |
| **Bank of New York Mellon Corp.**<br>4.700% due 09/20/2025 •(f) | 3700000 | 3558 |
| **Capital One Financial Corp.**<br>3.950% due 09/01/2026 •(f) | 16000000 | 12637 |
| **Charles Schwab Corp.**  |  |  |
| 4.000% due 06/01/2026 •(f) | 25500000 | 22137 |
| 4.000% due 12/01/2030 •(f) | 58800000 | 46868 |
| 5.000% due 06/01/2027 •(f) | 7200000 | 6657 |
| 5.000% due 12/01/2027 •(f) | 16550000 | 13844 |
| 5.375% due 06/01/2025 •(f) | 17369000 | 17048 |
| **Citigroup, Inc.**  |  |  |
| 3.875% due 02/18/2026 •(f) | 50500000 | 43234 |
| 4.000% due 12/10/2025 •(f) | 4000000 | 3496 |
| 4.700% due 01/30/2025 •(f) | 300000 | 251 |
| 5.950% due 05/15/2025 •(f) | 7100000 | 6499 |
| **CoBank ACB**  |  |  |
| 4.250% due 01/01/2027 •(f) | 12600000 | 10764 |
| 6.450% due 10/01/2027 •(f) | 15000000 | 14807 |
| **Depository Trust & Clearing Corp.**<br>3.375% due 06/20/2026 •(f) | 8500000 | 6820 |
| **Goldman Sachs Group, Inc.**<br>3.650% due 08/10/2026 •(f) | 21900000 | 17760 |
| **HSBC Bank Capital Funding Sterling LP**<br>5.844% due 11/05/2031 •(f) | 8956000 | 11081 |
| **HSBC Capital Funding LP**<br>10.176% due 06/30/2030 •(f) | 2200000 | 2651 |
| **JPMorgan Chase & Co.**  |  |  |
| 3.650% due 06/01/2026 •(f) | 44700000 | 38106 |
| 4.000% due 04/01/2025 •(f) | 20700000 | 17718 |
| 4.600% due 02/01/2025 •(f) | 37600000 | 33504 |
| 4.625% due 06/01/2026 (f) | 831000 | 15656 |

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<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.000% due 08/01/2024 •(f) | 35100000 | 32351 |
| 6.000% due 08/01/2023 •(f) | 8410000 | 8263 |
| 6.100% due 10/01/2024 •(f) | 88700000 | 86453 |
| 6.125% due 04/30/2024 •(f) | 29650000 | 29038 |
| 6.750% due 02/01/2024 •(f) | 26742000 | 26601 |
| **MetLife Capital Trust**<br>7.875% due 12/15/2067 | 23640000 | 25593 |
| **Morgan Stanley**<br>6.500% due 10/15/2027 (f) | 618300 | 15612 |
| **Nationwide Building Society**<br>10.250% ~ | 9750 | 1476 |
| **PNC Financial Services Group, Inc.**<br>3.400% due 09/15/2026 •(f) | 10000000 | 7931 |
| **State Street Corp.**  |  |  |
| 5.625% due 12/15/2023 •(f)(j) | 4500000 | 4182 |
| 5.900% (US0003M + 3.108%) due 03/15/2024 ~(f) | 52750 | 1271 |
| **SVB Financial Group**<br>4.100% due 02/15/2031 •(f) | 12900000 | 7512 |
| **Truist Financial Corp.**<br>5.100% due 03/01/2030 •(f) | 17734000 | 16508 |
| **U.S. Bancorp**<br>5.300% due 04/15/2027 •(f) | 20300000 | 17713 |
| **Wells Fargo & Co.**  |  |  |
| 3.900% due 03/15/2026 •(f) | 43674000 | 38352 |
| 5.900% due 06/15/2024 •(f) | 80479000 | 73073 |
|  |  | 932639 |
| **INDUSTRIALS 0.2%**  |  |  |
| **General Electric Co.**<br>8.099% (US0003M + 3.330%) due 03/15/2023 ~(f)(j) | 44282000 | 43921 |
| **UTILITIES 0.2%**  |  |  |
| **CenterPoint Energy, Inc.**<br>6.125% due 09/01/2023 •(f) | 13900000 | 13085 |
| **Dominion Energy, Inc.**<br>4.350% due 01/15/2027 •(f) | 5000000 | 4224 |
| **Sempra Energy**<br>4.875% due 10/15/2025 •(f) | 28200000 | 26194 |
|  |  | 43503 |
| Total Preferred Securities (Cost $1,127,457) |  | 1020063 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 0.2%**  |  |  |
| **REPURCHASE AGREEMENTS (i) 0.2%** |  | 58390 |
| **U.S. TREASURY BILLS 0.0%**  |  |  |
| 4.000% due 01/31/2023 - 03/02/2023 (c)(d)(n) | 1869 | 1859 |
| Total Short-Term Instruments (Cost $60,249) |  | 60249 |
| Total Investments in Securities (Cost $34,072,207) |  | 28413367 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 0.0%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 54546 | 530 |
| Total Short-Term Instruments (Cost $530) |  | 530 |
| Total Investments in Affiliates (Cost $530) |  | 530 |
| Total Investments 120.3% (Cost $34,072,737) |  | $28413897 |
| **Financial Derivative Instruments (k)(m) (0.2)**%(Cost or Premiums, net $150,828) |  | (51683) |
| Other Assets and Liabilities, net (20.1)% |  | (4736931) |
| Net Assets 100.0% |  | $23625283 |

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<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(b)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(g)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(h)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Coupon | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 2.561 | 05/01/2032 | 05/01/2032 | 04/27/2021 | 04/27/2021 | 12500 | 12500 | 9898 | 9898 | 9898 | 0.04 |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 2.572 | 06/03/2031 | 06/03/2031 | 05/26/2020 | 05/26/2020 | 4000 | 4000 | 3244 | 3244 | 3244 | 0.01 |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 3.057 | 01/25/2033 | 01/25/2033 | 10/19/2022 | 10/19/2022 | 5768 | 5768 | 6072 | 6072 | 6072 | 0.03 |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 3.785 | 03/17/2033 | 03/17/2033 | 03/10/2022 | 03/10/2022 | 18500 | 18500 | 15873 | 15873 | 15873 | 0.07 |
| Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | 3.035 | 05/28/2032 | 05/28/2032 | 05/25/2021 - 06/16/2021 | 05/25/2021 - 06/16/2021 | 23754 | 23754 | 18024 | 18024 | 18024 | 0.08 |
| Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | 3.729 | 01/14/2032 | 01/14/2032 | 02/02/2022 - 02/15/2022 | 02/02/2022 - 02/15/2022 | 27633 | 27633 | 21174 | 21174 | 21174 | 0.09 |
| Morgan Stanley | Morgan Stanley | Morgan Stanley | 0.000 | 04/02/2032 | 04/02/2032 | 02/11/2020 - 08/23/2021 | 02/11/2020 - 08/23/2021 | 53683 | 53683 | 35467 | 35467 | 35467 | 0.15 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | 3.650 | 03/25/2041 | 03/25/2041 | 03/22/2021 | 03/22/2021 | 18383 | 18383 | 13726 | 13726 | 13726 | 0.06 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | 3.950 | 03/25/2051 | 03/25/2051 | 03/22/2021 | 03/22/2021 | 7487 | 7487 | 5376 | 5376 | 5376 | 0.02 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | 4.100 | 03/25/2061 | 03/25/2061 | 03/22/2021 - 10/28/2021 | 03/22/2021 - 10/28/2021 | 53160 | 53160 | 35251 | 35251 | 35251 | 0.15 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | 6.900 | 11/09/2052 | 11/09/2052 | 11/07/2022 | 11/07/2022 | 19987 | 19987 | 21513 | 21513 | 21513 | 0.09 |
| Pinnacol Assurance | Pinnacol Assurance | Pinnacol Assurance | 8.625 | 06/25/2034 | 06/25/2034 | 06/23/2014 | 06/23/2014 | 24000 | 24000 | 26780 | 26780 | 26780 | 0.11 |
| Puget Energy, Inc. | Puget Energy, Inc. | Puget Energy, Inc. | 4.224 | 03/15/2032 | 03/15/2032 | 03/14/2022 | 03/14/2022 | 9500 | 9500 | 8459 | 8459 | 8459 | 0.04 |
|  |  |  |  |  |  |  | $ | 278355 | $ | 220857 | 220857 | 0.94%  | 0.94%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(i)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | 01/03/2023 | 58390 | 58390 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/01/2023 - 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/01/2023 - 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/01/2023 - 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/01/2023 - 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/01/2023 - 06/08/2023 | (59558) | $58390 | 58390 | $ | $58396 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  | **(59558)** | $**58390** | **58390** | **$** | $**58396** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOO | BOO | 4.360%  | 4.360%  | 4.360%  | 12/30/2022 | 12/30/2022 | 01/03/2023 | 01/03/2023 | (62415) | (62415) | $(62445) | (62445) | (62445) |
| BOS | BOS | 4.490  | 4.490  | 4.490  | 12/16/2022 | 12/16/2022 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | (4190) | (4190) | (4199) | (4199) | (4199) |
|  |  | 4.510  | 4.510  | 4.510  | 12/16/2022 | 12/16/2022 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | (8173) | (8173) | (8192) | (8192) | (8192) |
|  |  | 4.520  | 4.520  | 4.520  | 12/16/2022 | 12/16/2022 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | (18288) | (18288) | (18330) | (18330) | (18330) |
| BRC | BRC | 4.200  | 4.200  | 4.200  | 12/16/2022 | 12/16/2022 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | (8431) | (8431) | (8449) | (8449) | (8449) |
| BSN | BSN | 4.150  | 4.150  | 4.150  | 11/03/2022 | 11/03/2022 | 01/04/2023 | 01/04/2023 | (418980) | (418980) | (421927) | (421927) | (421927) |
| FBF | FBF | 3.700  | 3.700  | 3.700  | 12/16/2022 | 12/16/2022 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | (3510) | (3510) | (3517) | (3517) | (3517) |
| GRE | GRE | 4.430  | 4.430  | 4.430  | 12/15/2022 | 12/15/2022 | 01/05/2023 | 01/05/2023 | (49583) | (49583) | (49698) | (49698) | (49698) |
| JPS | JPS | 4.120  | 4.120  | 4.120  | 11/09/2022 | 11/09/2022 | 01/09/2023 | 01/09/2023 | (86250) | (86250) | (86793) | (86793) | (86793) |
|  |  | 4.150  | 4.150  | 4.150  | 12/16/2022 | 12/16/2022 | 02/03/2023 | 02/03/2023 | (26295) | (26295) | (26349) | (26349) | (26349) |

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------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | 4.180  | 4.180  | 4.180  | 12/16/2022 | 12/16/2022 | 02/03/2023 | 02/03/2023 | 02/03/2023 |  | (3131) | (3131) | (3131) |  | (3137) | (3137) |
|  |  |  |  |  |  |  | 4.300  | 4.300  | 4.300  | 12/16/2022 | 12/16/2022 | 02/03/2023 | 02/03/2023 | 02/03/2023 |  | (19847) | (19847) | (19847) |  | (19889) | (19889) |
|  |  |  |  |  |  |  | 4.350  | 4.350  | 4.350  | 12/16/2022 | 12/16/2022 | 02/03/2023 | 02/03/2023 | 02/03/2023 |  | (26296) | (26296) | (26296) |  | (26353) | (26353) |
| MEI | MEI | MEI | MEI | MEI | MEI | MEI | 4.290  | 4.290  | 4.290  | 12/16/2022 | 12/16/2022 | 01/06/2023 | 01/06/2023 | 01/06/2023 |  | (3828) | (3828) | (3828) |  | (3836) | (3836) |
| NOM | NOM | NOM | NOM | NOM | NOM | NOM | 2.250  | 2.250  | 2.250  | 12/16/2022 | 12/16/2022 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (1135) | (1135) | (1135) |  | (1136) | (1136) |
| NXN | NXN | NXN | NXN | NXN | NXN | NXN | 4.150  | 4.150  | 4.150  | 11/03/2022 | 11/03/2022 | 01/04/2023 | 01/04/2023 | 01/04/2023 |  | (886496) | (886496) | (886496) |  | (892730) | (892730) |
| RDR | RDR | RDR | RDR | RDR | RDR | RDR | 3.500  | 3.500  | 3.500  | 12/16/2022 | 12/16/2022 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (12921) | (12921) | (12921) |  | (12944) | (12944) |
| STR | STR | STR | STR | STR | STR | STR | 4.330  | 4.330  | 4.330  | 01/03/2023 | 01/03/2023 | 01/04/2023 | 01/04/2023 | 01/04/2023 |  | (2307961) | (2307961) | (2307961) |  | (2307961) | (2307961) |
|  |  |  |  |  |  |  | 4.370  | 4.370  | 4.370  | 12/30/2022 | 12/30/2022 | 01/03/2023 | 01/03/2023 | 01/03/2023 |  | (2207511) | (2207511) | (2207511) |  | (2208583) | (2208583) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  |  |  |  | **$** | $**(6166468)** | **(6166468)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Counterparty | Counterparty | Counterparty | Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Borrowing Date | Borrowing Date | Maturity Date | Maturity Date | Maturity Date |  | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> |  | Payable for<br>Sale-Buyback<br>Transactions<sup>(4)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(4)</sup> |
| MSC | MSC | MSC | MSC | MSC | MSC | MSC | 4.220%  | 4.220%  | 4.220%  | 11/21/2022 | 11/21/2022 | 01/09/2023 | 01/09/2023 | 01/09/2023 | $ | (34080) | (34080) | (34080) | $ | $(34252) | (34252) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  |  |  |  |  |  |  |  | **$** | $**(34252)** | **(34252)** |
| **(j)** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,939,259 and cash of $327 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(3950118) at a weighted average interest rate of 2.233%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(3)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| <sup>(4)</sup> | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. | Payable for sale-buyback transactions includes $(24) of deferred price drop. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset |  | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2024 | 03/2024 | 03/2024 | 10355 | 10355 | (2471480) | (2471480) | $48113 | 48113 | 48113 | 48113 | 1165 | 1165 | 1165 | $ | 0 |
| Call Options Strike @ EUR 146.000 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Call Options Strike @ EUR 146.000 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Call Options Strike @ EUR 146.000 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Call Options Strike @ EUR 146.000 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Call Options Strike @ EUR 146.000 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Call Options Strike @ EUR 146.000 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | 01/2023 | 01/2023 | 01/2023 | 313 | 313 | (3) | (3) | 251 | 251 | 251 | 251 | 0 | 0 | 0 |  | 0 |
| Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | Euro-Bund March Futures  | 03/2023 | 03/2023 | 03/2023 | 1315 | 1315 | (187118) | (187118) | 11857 | 11857 | 11857 | 11857 | 1492 | 1492 | 1492 |  | (662) |
| Put Options Strike @ EUR 138.500 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Put Options Strike @ EUR 138.500 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Put Options Strike @ EUR 138.500 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Put Options Strike @ EUR 138.500 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Put Options Strike @ EUR 138.500 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | Put Options Strike @ EUR 138.500 on Euro-Bund 10-Year Bond February 2023 Futures<sup>(1)</sup> | 01/2023 | 01/2023 | 01/2023 | 313 | 313 | (1913) | (1913) | (1605) | (1605) | (1605) | (1605) | 151 | 151 | 151 |  | (328) |
| U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | 03/2023 | 03/2023 | 03/2023 | 312 | 312 | (36904) | (36904) | 253 | 253 | 253 | 253 | 19 | 19 | 19 |  | 0 |
| United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | 03/2023 | 03/2023 | 03/2023 | 9 | 9 | (1087) | (1087) | 71 | 71 | 71 | 71 | 3 | 3 | 3 |  | (1) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **58940** | **58940** | **58940** | **$** | **2830** | **2830** | **2830** | **$** | **(991)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(4)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(4)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(4)</sup> |  | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Asset | Liability |
| Citigroup, Inc.  | Citigroup, Inc.  | (1.000)% | Quarterly | 12/20/2032 | 1.236 | 1.236 | 1.236 | $ | $7500 | 7500 | 305 | $ | (171) | $ | 134 | 134 | 134 | 0 | 0 | 0 | 0 |
| JPMorgan Chase & Co.  | JPMorgan Chase & Co.  | (1.000) | Quarterly | 12/20/2032 | 1.050 | 1.050 | 1.050 |  | 12500 | 12500 | 269 |  | (224) |  | 45 | 45 | 45 | 4 | 4 | 4 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | $574 | $ | (395) | $ | $179 | 179 | 179 | $4 | 4 | 4 | $0 |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(4)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(4)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(4)</sup> |  | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Asset | Liability |
| AES Corp.  | AES Corp.  | 5.000% | Quarterly | 12/20/2025 | 0.891 | 0.891 | 0.891 | $ | $11600 | 11600 | 2127 | $ | (786) | $ | 1341 | 1341 | 1341 | 3 | 3 | 3 | 0 |
| AES Corp.  | AES Corp.  | 5.000 | Quarterly | 06/20/2027 | 1.280 | 1.280 | 1.280 |  | 15000 | 15000 | 2072 |  | 182 |  | 2254 | 2254 | 2254 | 0 | 0 | 0 | (8) |
| Barclays Bank PLC  | Barclays Bank PLC  | 1.000 | Quarterly | 12/20/2023 | 0.746 | 0.746 | 0.746 | EUR | 3700 | 3700 | 5 |  | 6 |  | 11 | 11 | 11 | 1 | 1 | 1 | 0 |
| Berkshire Hathaway, Inc.  | Berkshire Hathaway, Inc.  | 1.000 | Quarterly | 06/20/2023 | 0.070 | 0.070 | 0.070 | $ | $7600 | 7600 | 123 |  | (87) |  | 36 | 36 | 36 | 1 | 1 | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Berkshire Hathaway, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2023 | 12/20/2023 | 0.094 | 2000 | 40 |  | (22) |  | 18 | 0 |  | 0 |
| Berkshire Hathaway, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2024 | 06/20/2024 | 0.115 | 17050 | 409 |  | (186) |  | 223 | 0 |  | (1) |
| Boeing Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2023 | 06/20/2023 | 0.709 | 1600 | 8 |  | (5) |  | 3 | 0 |  | 0 |
| Boeing Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 1.265 | 2200 | (16) |  | (1) |  | (17) | 0 |  | 0 |
| Boeing Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 1.297 | 1000 | (6) |  | (4) |  | (10) | 0 |  | 0 |
| Boeing Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.357 | 2200 | (49) |  | 19 |  | (30) | 0 |  | 0 |
| British Telecommunications PLC  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 0.953 | 5600 | 86 |  | (76) |  | 10 | 1 |  | 0 |
| Ford Motor Co.  | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2023 | 06/20/2023 | 1.600 | $6410 | 442 |  | (328) |  | 114 | 3 |  | 0 |
| Ford Motor Co.  | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2023 | 12/20/2023 | 2.257 | 5300 | 453 |  | (306) |  | 147 | 2 |  | 0 |
| General Electric Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2023 | 12/20/2023 | 0.438 | 13200 | 192 |  | (116) |  | 76 | 2 |  | 0 |
| General Electric Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2024 | 06/20/2024 | 0.522 | 10700 | 169 |  | (92) |  | 77 | 0 |  | (4) |
| General Electric Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2024 | 12/20/2024 | 0.564 | 59200 | 140 |  | 370 |  | 510 | 0 |  | 0 |
| General Electric Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.801 | 5200 | 62 |  | (27) |  | 35 | 0 |  | (3) |
| General Electric Co.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.870 | 5100 | 68 |  | (42) |  | 26 | 0 |  | 0 |
| International Lease Finance Corp.  | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2023 | 12/20/2023 | 0.122 | 6800 | 744 |  | (413) |  | 331 | 3 |  | 0 |
| Lennar Corp.  | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 0.999 | 4900 | 890 |  | (340) |  | 550 | 3 |  | 0 |
| NextEra Energy Capital Holdings, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.572 | 15900 | 469 |  | (244) |  | 225 | 6 |  | 0 |
| Prudential Financial, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2024 | 12/20/2024 | 0.377 | 17700 | 390 |  | (174) |  | 216 | 1 |  | 0 |
| Rolls-Royce PLC  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2025 | 06/20/2025 | 2.473 | 31750 | (1210) |  | 65 |  | (1145) | 0 |  | (44) |
| Teck Resources Ltd.  | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 1.156 | $10800 | 1877 |  | (538) |  | 1339 | 0 |  | (4) |
| Telefonica Emisiones SA  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.891 | 1000 | 23 |  | (19) |  | 4 | 0 |  | (1) |
| Telefonica Emisiones SAU  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 1.311 | 4100 | 41 |  | (106) |  | (65) | 0 |  | (4) |
| Tesco PLC  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 1.445 | 20500 | 219 |  | (685) |  | (466) | 0 |  | (17) |
| Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 1.009 | $10000 | 240 |  | (239) |  | 1 | 0 |  | 0 |
| Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.073 | 22300 | (109) |  | 53 |  | (56) | 0 |  | (8) |
| Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 1.123 | 900 | (10) |  | 6 |  | (4) | 0 |  | 0 |
| Vodafone Group PLC  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2024 | 06/20/2024 | 0.415 | 9600 | 227 |  | (136) |  | 91 | 0 |  | (5) |
| Volkswagen International Finance NV  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 1.527 | 6900 | 91 |  | (276) |  | (185) | 0 |  | 0 |
| Williams Cos., Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.765 | $10900 | 78 |  | 19 |  | 97 | 4 |  | 0 |
|  |  |  |  |  |  |  |  |  | $10285 | 10285 | $(4528) | (4528) | 5757 | $30 | 30 | $(99) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Asset |  | Liability |
| CDX.EM-29 5-Year Index  | CDX.EM-29 5-Year Index  | 1.000% | 1.000% | Quarterly | Quarterly | 06/20/2023 | 06/20/2023 | 45135 | 85 | $ | (33) | $ | 52 | 9 | $ | 0 |
| CDX.EM-30 5-Year Index  | CDX.EM-30 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2023 | 12/20/2023 | 167875 | (89) |  | 21 |  | (68) | 0 |  | (22) |
| CDX.EM-31 5-Year Index  | CDX.EM-31 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2024 | 06/20/2024 | 34916 | (6) |  | (42) |  | (48) | 2 |  | 0 |
| CDX.EM-32 5-Year Index  | CDX.EM-32 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2024 | 12/20/2024 | 5270 | (15) |  | (7) |  | (22) | 1 |  | 0 |
| CDX.EM-34 5-Year Index  | CDX.EM-34 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 36892 | (1371) |  | (381) |  | (1752) | 23 |  | 0 |
| CDX.EM-35 5-Year Index  | CDX.EM-35 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 276 | (8) |  | (1) |  | (9) | 0 |  | 0 |
| CDX.EM-36 5-Year Index  | CDX.EM-36 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 48668 | (1737) |  | (146) |  | (1883) | 0 |  | (2) |
| CDX.IG-38 5-Year Index  | CDX.IG-38 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 949600 | 9910 |  | 423 |  | 10333 | 15 |  | 0 |
| CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 6345400 | 7835 |  | 45219 |  | 53054 | 249 |  | 0 |
| iTraxx Europe Main 37 5-Year Index  | iTraxx Europe Main 37 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 723200 | 1261 |  | 4043 |  | 5304 | 789 |  | 0 |
|  |  |  |  |  |  |  |  |  | 15865 | $ | 49096 | $ | 64961 | 1088 | $ | (24) |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 2.000% | Annual | Annual | 03/15/2033 | 49940 | 9963 | 9963 | (1456) | $8507 | 8507 | $29 | 29 | $0 |
| Pay | Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1.175 | Annual | Annual | 02/28/2052 | 11400 | (149) | (149) | (5554) | (5703) | (5703) | 0 | 0 | (19) |
| Receive | Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | Annual | Annual | 12/15/2023 | 3100000 | (39) | (39) | 58 | 19 | 19 | 0 | 0 | (7) |
| Receive | Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | Annual | Annual | 09/15/2024 | 23360600 | (157) | (157) | 779 | 622 | 622 | 0 | 0 | (78) |
| Receive | Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.300 | Semi-Annual | Semi-Annual | 03/20/2028 | 290200 | (55) | (55) | 96 | 41 | 41 | 4 | 4 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.000 | Annual | Annual | 12/15/2026 | 275000 | 1178 | 1178 | 27979 | 29157 | 29157 | 518 | 518 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.000 | Annual | Annual | 06/15/2027 | 1744400 | 92345 | 92345 | 123612 | 215957 | 215957 | 2922 | 2922 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | Annual | 06/15/2027 | 584500 | 37865 | 37865 | 14308 | 52173 | 52173 | 1193 | 1193 | 0 |
|  |  |  |  |  |  |  |  | $ | 140951 | $ | 159822 | 300773 | $ | 4666 | $ | (104) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **167675** | **$** | **203995** | **371670** | **$** | **5788** | **$** | **(227)** |
| **(l)** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $434,184 and cash of $26,772 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. | Future styled option. |
| <sup>(2)</sup> | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(7)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(m)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 01/2023  | 01/2023  | 01/2023  | $ | $11349 | 11349 | 9286 | 9286 | 9286 | 0 | 0 | 0 | (121) | (121) |
|  |  |  | 05/2023  | 05/2023  | 05/2023  | PEN | 139368 | 139368 | $35579 | 35579 | 35579 | 0 | 0 | 0 | (725) | (725) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 01/2023  | 01/2023  | 01/2023  |  | 3123 | 3123 | 808 | 808 | 808 | 0 | 0 | 0 | (14) | (14) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | $ | $2814 | 2814 | 2640 | 2640 | 2640 | 13 | 13 | 13 | 0 | 0 |
|  |  |  | 03/2023  | 03/2023  | 03/2023  | PEN | 18167 | 18167 | $4673 | 4673 | 4673 | 0 | 0 | 0 | (80) | (80) |
|  |  |  | 03/2023  | 03/2023  | 03/2023  | $ | $808 | 808 | 3140 | 3140 | 3140 | 13 | 13 | 13 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 01/2023  | 01/2023  | 01/2023  | PEN | 22613 | 22613 | $5866 | 5866 | 5866 | 0 | 0 | 0 | (89) | (89) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | $ | $3922 | 3922 | 15108 | 15108 | 15108 | 49 | 49 | 49 | 0 | 0 |
|  |  |  | 02/2023  | 02/2023  | 02/2023  |  | 5849 | 5849 | 22613 | 22613 | 22613 | 86 | 86 | 86 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 01/2023  | 01/2023  | 01/2023  |  | 5003 | 5003 | 4703 | 4703 | 4703 | 33 | 33 | 33 | 0 | 0 |
|  |  |  | 01/2023  | 01/2023  | 01/2023  |  | 17257 | 17257 | 69195 | 69195 | 69195 | 927 | 927 | 927 | 0 | 0 |
|  |  |  | 02/2023  | 02/2023  | 02/2023  | PEN | 150523 | 150523 | $37668 | 37668 | 37668 | 0 | 0 | 0 | (1764) | (1764) |
|  |  |  | 03/2023  | 03/2023  | 03/2023  |  | 17894 | 17894 | 4451 | 4451 | 4451 | 0 | 0 | 0 | (236) | (236) |
|  |  |  | 03/2023  | 03/2023  | 03/2023  | $ | $840 | 840 | 3364 | 3364 | 3364 | 40 | 40 | 40 | 0 | 0 |
|  |  |  | 04/2023  | 04/2023  | 04/2023  | PEN | 80899 | 80899 | $20485 | 20485 | 20485 | 0 | 0 | 0 | (612) | (612) |
| &nbsp;&nbsp;&nbsp;&nbsp; CLY | &nbsp;&nbsp;&nbsp;&nbsp; CLY | &nbsp;&nbsp;&nbsp;&nbsp; CLY | 03/2023  | 03/2023  | 03/2023  | $ | $9816 | 9816 | 37761 | 37761 | 37761 | 63 | 63 | 63 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | &nbsp;&nbsp;&nbsp;&nbsp; GLM | &nbsp;&nbsp;&nbsp;&nbsp; GLM | 05/2023  | 05/2023  | 05/2023  | PEN | 356345 | 356345 | $88881 | 88881 | 88881 | 0 | 0 | 0 | (3982) | (3982) |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 01/2023  | 01/2023  | 01/2023  | GBP | 83029 | 83029 | 100260 | 100260 | 100260 | 0 | 0 | 0 | (134) | (134) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | 01/2023  | 01/2023  | AUD | 4375 | 4375 | 2965 | 2965 | 2965 | 0 | 0 | 0 | (15) | (15) |
|  |  |  | 01/2023  | 01/2023  | 01/2023  | EUR | 62672 | 62672 | 65674 | 65674 | 65674 | 0 | 0 | 0 | (1442) | (1442) |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 01/2023  | 01/2023  | 8848 | 8848 | 8848 | 8848 |  | 2312 | 2312 | 2312 |  | 0 | 0 | 0 |  | (14) |
|  |  | 01/2023  | 01/2023  | $5809 | 5809 | 5809 | 5809 | EUR | 5475 | 5475 | 5475 |  | 54 | 54 | 54 |  | 0 |
|  |  | 02/2023  | 02/2023  | 2309 | 2309 | 2309 | 2309 | PEN | 8848 | 8848 | 8848 |  | 13 | 13 | 13 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 01/2023  | 01/2023  | 42678 | 42678 | 42678 | 42678 | $ | 28660 | 28660 | 28660 |  | 0 | 0 | 0 |  | (404) |
|  |  | 01/2023  | 01/2023  | 9385 | 9385 | 9385 | 9385 |  | 2452 | 2452 | 2452 |  | 0 | 0 | 0 |  | (14) |
|  |  | 02/2023  | 02/2023  | $2450 | 2450 | 2450 | 2450 | PEN | 9385 | 9385 | 9385 |  | 15 | 15 | 15 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 01/2023  | 01/2023  | 13535 | 13535 | 13535 | 13535 |  | 51946 | 51946 | 51946 |  | 133 | 133 | 133 |  | 0 |
|  |  | 03/2023  | 03/2023  | 4449 | 4449 | 4449 | 4449 |  | 17118 | 17118 | 17118 |  | 33 | 33 | 33 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**1472** | **1472** | **1472** | **$** | $**(9646)** | **(9646)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BOA | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 0.495% | 0.495% | 0.495% | 09/18/2023 | 50000 | 50000 | 50000 | $0 | 0 | $ | $21289 |
| JPM | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 0.000 | 0.000 | 0.000 | 03/15/2023 | 37560 | 37560 | 37560 | 4148 | 4148 |  | 20409 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**4148** | **4148** | **$** | $**41698** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDICES** |
| Counterparty | Description | Description | Description | Description | Buy/Sell<br>Protection | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GST | Put - OTC iTraxx Europe 37 5-Year Index  | Put - OTC iTraxx Europe 37 5-Year Index  | Put - OTC iTraxx Europe 37 5-Year Index  | Put - OTC iTraxx Europe 37 5-Year Index  | Sell | Sell | 3.000% | 3.000% | 3.000% | 03/15/2023 | 40500 | 40500 | 40500 | $(72) | (72) | $ | $(8) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 0.050% | 0.050% | 0.050% | 09/18/2023 | 285000 | 285000 | 285000 | $0 | 0 | $ | $(44937) |
|  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.870 | 2.870 | 2.870 | 01/23/2023 | 13300 | 13300 | 13300 | (98) | (98) |  | (39) |
|  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.320 | 3.320 | 3.320 | 01/23/2023 | 13300 | 13300 | 13300 | (98) | (98) |  | (166) |
| BPS | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.900 | 2.900 | 2.900 | 01/17/2023 | 25500 | 25500 | 25500 | (104) | (104) |  | (3) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.400 | 3.400 | 3.400 | 01/17/2023 | 25500 | 25500 | 25500 | (105) | (105) |  | (428) |
|  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.610 | 2.610 | 2.610 | 01/17/2023 | 14600 | 14600 | 14600 | (135) | (135) |  | (2) |
|  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.110 | 3.110 | 3.110 | 01/17/2023 | 14600 | 14600 | 14600 | (135) | (135) |  | (419) |
| GLM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.000 | 3.000 | 3.000 | 01/12/2023 | 31900 | 31900 | 31900 | (178) | (178) |  | (4) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.550 | 3.550 | 3.550 | 01/12/2023 | 31900 | 31900 | 31900 | (178) | (178) |  | (267) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.547 | 2.547 | 2.547 | 03/07/2023 | 56500 | 56500 | 56500 | (1243) | (1243) |  | (127) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.547 | 2.547 | 2.547 | 03/07/2023 | 56500 | 56500 | 56500 | (1243) | (1243) |  | (3569) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.067 | 2.067 | 2.067 | 06/09/2023 | 74900 | 74900 | 74900 | (878) | (878) |  | (192) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 3.140 | 3.140 | 3.140 | 06/09/2023 | 74900 | 74900 | 74900 | (1036) | (1036) |  | (2458) |
|  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.740 | 2.740 | 2.740 | 01/19/2023 | 15100 | 15100 | 15100 | (131) | (131) |  | (12) |
|  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.180 | 3.180 | 3.180 | 01/19/2023 | 15100 | 15100 | 15100 | (131) | (131) |  | (337) |
| JPM | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 0.175 | 0.175 | 0.175 | 03/15/2023 | 112670 | 112670 | 112670 | (4075) | (4075) |  | (34731) |
| MYC | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.070 | 3.070 | 3.070 | 01/23/2023 | 25000 | 25000 | 25000 | (122) | (122) |  | (21) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.520 | 3.520 | 3.520 | 01/23/2023 | 25000 | 25000 | 25000 | (122) | (122) |  | (296) |
|  | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 2.600 | 2.600 | 2.600 | 01/17/2023 | 12500 | 12500 | 12500 | (95) | (95) |  | (2) |
|  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.050 | 3.050 | 3.050 | 01/17/2023 | 12500 | 12500 | 12500 | (95) | (95) |  | (457) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(10202) | (10202) | $ | $(88467) |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** |
| Counterparty | Counterparty | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date |  | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| BOA | BOA | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | $101.891 | 101.891 | 01/05/2023 |  | 18800 | $ | (56) | (56) | $0 | 0 |
| JPM | JPM | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | 97.000 | 97.000 | 03/06/2023 |  | 17400 |  | (149) | (149) | (268) | (268) |
|  |  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | 99.000 | 99.000 | 03/06/2023 |  | 22000 |  | (161) | (161) | (56) | (56) |
|  |  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | 99.156 | 99.156 | 03/06/2023 |  | 16600 |  | (121) | (121) | (37) | (37) |
|  |  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | 98.766 | 98.766 | 03/06/2023 |  | 13500 |  | (114) | (114) | (185) | (185) |
|  |  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | 100.766 | 100.766 | 03/06/2023 |  | 13500 |  | (97) | (97) | (44) | (44) |
| SAL | SAL | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | 101.859 | 101.859 | 01/05/2023 |  | 22700 |  | (67) | (67) | 0 | 0 |
|  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 99.750 | 99.750 | 02/06/2023 |  | 26400 |  | (186) | (186) | (160) | (160) |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 101.750 | 101.750 | 02/06/2023 |  | 26400 |  | (153) | (153) | (60) | (60) |
|  |  |  |  |  |  |  |  |  |  | $ | (1104) | (1104) | $(810) | (810) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(11378)** | **(11378)** | $**(89285)** | **(89285)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(3)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | Colombia Government International Bond  | Colombia Government International Bond  | 1.000% | Quarterly | 12/20/2026 | 2.315% | 2.315% | $1400 | $(37) | (37) | $(27) | $0 | 0 | $(64) |
|  | Italy Government International Bond  | Italy Government International Bond  | 1.000 | Quarterly | 06/20/2025 | 0.806 | 0.806 | 44400 | (859) | (859) | 1077 | 218 | 218 | 0 |
|  | Italy Government International Bond  | Italy Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 1.115 | 1.115 | 43300 | 80 | 80 | (242) | 0 | 0 | (162) |
| BPS | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 12/20/2023 | 1.153 | 1.153 | 1950 | (23) | (23) | 21 | 0 | 0 | (2) |
|  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 2.315 | 2.315 | 1100 | (30) | (30) | (20) | 0 | 0 | (50) |
|  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 2.715 | 2.715 | 700 | (62) | (62) | 11 | 0 | 0 | (51) |
|  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2023 | 0.480 | 0.480 | 25050 | (478) | (478) | 612 | 134 | 134 | 0 |
|  | Tencent Holdings Ltd.  | Tencent Holdings Ltd.  | 1.000 | Quarterly | 12/20/2024 | 0.891 | 0.891 | 8800 | 98 | 98 | (77) | 21 | 21 | 0 |
| BRC | Alibaba Group Holding Ltd.  | Alibaba Group Holding Ltd.  | 1.000 | Quarterly | 12/20/2024 | 0.773 | 0.773 | 3000 | 46 | 46 | (32) | 14 | 14 | 0 |
|  | Baidu, Inc.  | Baidu, Inc.  | 1.000 | Quarterly | 12/20/2024 | 0.692 | 0.692 | 18900 | (79) | (79) | 196 | 117 | 117 | 0 |
|  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 2.161 | 2.161 | 9300 | (243) | (243) | (91) | 0 | 0 | (334) |
|  | Huarong Finance Co. Ltd.  | Huarong Finance Co. Ltd.  | 1.000 | Quarterly | 12/20/2024 | 2.588 | 2.588 | 8800 | (319) | (319) | 67 | 0 | 0 | (252) |
|  | NextEra Energy Capital Holdings, Inc.  | NextEra Energy Capital Holdings, Inc.  | 1.000 | Quarterly | 12/20/2025 | 0.500 | 0.500 | 8400 | 183 | 183 | (63) | 120 | 120 | 0 |
|  | Pertamina Persero PT  | Pertamina Persero PT  | 1.000 | Quarterly | 12/20/2024 | 0.462 | 0.462 | 700 | (7) | (7) | 14 | 7 | 7 | 0 |
|  | Tencent Holdings Ltd.  | Tencent Holdings Ltd.  | 1.000 | Quarterly | 12/20/2024 | 0.891 | 0.891 | 1400 | 13 | 13 | (10) | 3 | 3 | 0 |
| CBK | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2024 | 1.397 | 1.397 | 400 | (4) | (4) | 2 | 0 | 0 | (2) |
|  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 1.517 | 1.517 | 1100 | 4 | 4 | (14) | 0 | 0 | (10) |
|  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 2.315 | 2.315 | 1100 | (29) | (29) | (21) | 0 | 0 | (50) |
|  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 2.538 | 2.538 | 300 | (11) | (11) | (7) | 0 | 0 | (18) |
|  | Italy Government International Bond  | Italy Government International Bond  | 1.000 | Quarterly | 06/20/2025 | 0.806 | 0.806 | 3800 | (92) | (92) | 111 | 19 | 19 | 0 |
|  | Italy Government International Bond  | Italy Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 1.115 | 1.115 | 13100 | 9 | 9 | (58) | 0 | 0 | (49) |
|  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2024 | 0.588 | 0.588 | 14800 | (239) | (239) | 332 | 93 | 93 | 0 |
| GST | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 2.161 | 2.161 | 9400 | (245) | (245) | (93) | 0 | 0 | (338) |
|  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 2.538 | 2.538 | 12300 | (498) | (498) | (234) | 0 | 0 | (732) |
|  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 2.715 | 2.715 | 5700 | (508) | (508) | 95 | 0 | 0 | (413) |
|  | Equinix, Inc.  | Equinix, Inc.  | 5.000 | Quarterly | 06/20/2027 | 1.569 | 1.569 | 8800 | 1230 | 1230 | (16) | 1214 | 1214 | 0 |
|  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2023 | 0.336 | 0.336 | 7950 | (63) | (63) | 91 | 28 | 28 | 0 |
|  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2023 | 0.480 | 0.480 | 50350 | (824) | (824) | 1093 | 269 | 269 | 0 |
|  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 0.640 | 0.640 | 16900 | (141) | (141) | 262 | 121 | 121 | 0 |
|  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 1.305 | 1.305 | 16900 | (709) | (709) | 488 | 0 | 0 | (221) |
|  | South Africa Government International Bond  | South Africa Government International Bond  | 1.000 | Quarterly | 12/20/2024 | 1.304 | 1.304 | 12400 | (498) | (498) | 432 | 0 | 0 | (66) |
| HUS | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2023 | 0.480 | 0.480 | 54550 | (863) | (863) | 1155 | 292 | 292 | 0 |

---

------

<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| JPM | JPM | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 2.538 |  | 200 | (8) |  | (4) |  | 0 |  | (12) |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2023 | 12/20/2023 | 12/20/2023 | 0.480 |  | 36950 | (732) |  | 930 |  | 198 |  | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 0.961 |  | 9300 | (73) |  | 88 |  | 15 |  | 0 |
|  |  | NextEra Energy Capital Holdings, Inc.  | NextEra Energy Capital Holdings, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2024 | 06/20/2024 | 06/20/2024 | 0.352 |  | 19000 | 260 |  | (76) |  | 184 |  | 0 |
|  |  | NextEra Energy Capital Holdings, Inc.  | NextEra Energy Capital Holdings, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2024 | 12/20/2024 | 12/20/2024 | 0.387 |  | 9400 | 130 |  | (17) |  | 113 |  | 0 |
|  |  | Nissan Motor Acceptance Co. LLC  | Nissan Motor Acceptance Co. LLC  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 12/20/2026 | 2.446 |  | 73600 | (936) |  | (2760) |  | 0 |  | (3696) |
| MYC | MYC | Brookfield Asset Management, Inc.  | Brookfield Asset Management, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2025 | 06/20/2025 | 06/20/2025 | 1.616 |  | 8300 | 0 |  | (115) |  | 0 |  | (115) |
|  |  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 2.538 |  | 3400 | (192) |  | (10) |  | 0 |  | (202) |
|  |  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 12/20/2027 | 2.715 |  | 4000 | (357) |  | 67 |  | 0 |  | (290) |
|  |  | Consolidated Edison Co. of New York, Inc.  | Consolidated Edison Co. of New York, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2024 | 12/20/2024 | 12/20/2024 | 0.189 |  | 18300 | 357 |  | (68) |  | 289 |  | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2024 | 12/20/2024 | 12/20/2024 | 0.640 |  | 14000 | (123) |  | 224 |  | 101 |  | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.846 |  | 1500 | (21) |  | 28 |  | 7 |  | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 12/20/2026 | 1.048 |  | 23100 | 65 |  | (96) |  | 0 |  | (31) |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 1.191 |  | 16700 | (57) |  | (65) |  | 0 |  | (122) |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 12/20/2027 | 1.305 |  | 34000 | (1180) |  | 735 |  | 0 |  | (445) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (8065) | $ | 3915 | $ | 3577 | $ | (7727) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset |  | Liability |
| GST | GST | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500% | 0.500% | 0.500% | Monthly | Monthly | 11/17/2059 | 1800 | 1800 | (53) | $ | 49 | $ | 0 | $ | (4) |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | 0.500 | 0.500 | Monthly | Monthly | 09/17/2058 | 12022 | 12022 | (448) |  | 444 |  | 0 |  | (4) |
| MEI | MEI | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | 0.500 | 0.500 | Monthly | Monthly | 05/11/2063 | 1 | 1 | 0 |  | 0 |  | 0 |  | 0 |
| MYC | MYC | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 7700 | 7700 | (228) |  | 211 |  | 0 |  | (17) |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | 0.500 | 0.500 | Monthly | Monthly | 09/17/2058 | 15301 | 15301 | (582) |  | 577 |  | 0 |  | (5) |
| SAL | SAL | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 4900 | 4900 | (140) |  | 129 |  | 0 |  | (11) |
|  |  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | 0.500 | 0.500 | 0.500 | Monthly | Monthly | 08/17/2061 | 7500 | 7500 | (9) |  | (50) |  | 0 |  | (59) |
| UAG | UAG | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 3200 | 3200 | (92) |  | 85 |  | 0 |  | (7) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1552) | $ | 1445 | $ | 0 | $ | (107) |
| **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Underlying<br>Reference | Underlying<br>Reference | # of Shares | # of Shares | # of Shares | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | iBoxx USD Investment Grade Corporate Bond ETF  | iBoxx USD Investment Grade Corporate Bond ETF  | 250000 | 250000 | 250000 | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | &nbsp;&nbsp; 4.580% (1-Month USD-LIBOR plus a specified spread) | Monthly | 01/11/2023 | $26358 | 26358 | $0 | 0 | $63 | 63 | $63 | 63 | $0 |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | iBoxx USD Investment Grade Corporate Bond ETF  | iBoxx USD Investment Grade Corporate Bond ETF  | 957216 | 957216 | 957216 | &nbsp;&nbsp; 3.930% (1-Month USD-LIBOR less a specified spread) | &nbsp;&nbsp; 3.930% (1-Month USD-LIBOR less a specified spread) | &nbsp;&nbsp; 3.930% (1-Month USD-LIBOR less a specified spread) | Monthly | 09/13/2023 | 100919 | 100919 | 0 | 0 | 340 | 340 | 340 | 340 | 0 |
|  |  |  | iBoxx USD Investment Grade Corporate Bond ETF  | iBoxx USD Investment Grade Corporate Bond ETF  | 1500000 | 1500000 | 1500000 | &nbsp;&nbsp; 3.930% (1-Month USD-LIBOR less a specified spread) | &nbsp;&nbsp; 3.930% (1-Month USD-LIBOR less a specified spread) | &nbsp;&nbsp; 3.930% (1-Month USD-LIBOR less a specified spread) | Monthly | 10/18/2023 | 158145 | 158145 | 0 | 0 | 532 | 532 | 532 | 532 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | $ | 935 | $ | 935 | $ | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(9617)** | **$** | **6295** | **$** | **4512** | **$** | **(7834)** |
| **(n)** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $54,379 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |

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<br> Schedule of Investments PIMCO Long Duration Credit Bond Portfolio (Cont.) December 31, 2022 (Unaudited)

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| <sup>(</sup><sup>5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. | Receive represents that the Portfolio receives payments for any positive net return on the underlying reference. The Portfolio makes payments for any negative net return on such underlying reference. Pay represents that the Portfolio receives payments for any negative net return on the underlying reference. The Portfolio makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 12/31/2022 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $0 | $194071 | $60418 | $254489 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | 0 | 6184793 | 26780 | 6211573 |
| Industrials | Industrials | 0 | 8732762 | 0 | 8732762 |
| Utilities | Utilities | 0 | 3462905 | 600 | 3463505 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | California | 0 | 264969 | 0 | 264969 |
| Florida | Florida | 0 | 12294 | 0 | 12294 |
| Georgia | Georgia | 0 | 48276 | 0 | 48276 |
| Illinois | Illinois | 0 | 34694 | 0 | 34694 |
| Indiana | Indiana | 0 | 2043 | 0 | 2043 |
| Massachusetts | Massachusetts | 0 | 3322 | 0 | 3322 |
| Michigan | Michigan | 0 | 33811 | 0 | 33811 |
| Nevada | Nevada | 0 | 3078 | 0 | 3078 |
| New Jersey | New Jersey | 0 | 10850 | 0 | 10850 |
| New Mexico | New Mexico | 0 | 5115 | 0 | 5115 |
| New York | New York | 0 | 127159 | 0 | 127159 |
| Ohio | Ohio | 0 | 63226 | 0 | 63226 |
| Oregon | Oregon | 0 | 9893 | 0 | 9893 |
| Pennsylvania | Pennsylvania | 0 | 12226 | 0 | 12226 |
| Texas | Texas | 0 | 52636 | 0 | 52636 |
| Virginia | Virginia | 0 | 1411 | 0 | 1411 |
| Wisconsin | Wisconsin | 0 | 4086 | 0 | 4086 |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 1258098 | 0 | 1258098 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 5988234 | 0 | 5988234 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 64235 | 0 | 64235 |
| Asset-Backed Securities | Asset-Backed Securities | 0 | 114824 | 0 | 114824 |
| Sovereign Issues | Sovereign Issues | 0 | 532309 | 0 | 532309 |
| Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities |
| Banking & Finance | Banking & Finance | 23937 | 0 | 0 | 23937 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | Banking & Finance | 32539 | 900100 | 0 | 932639 |
| Industrials | Industrials | 0 | 43921 | 0 | 43921 |
| Utilities | Utilities | 0 | 43503 | 0 | 43503 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Repurchase Agreements | Repurchase Agreements | 0 | 58390 | 0 | 58390 |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 1859 | 0 | 1859 |
|  |  | $56476 | $28269093 | $87798 | $28413367 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $530 | $0 | $0 | $530 |
| Total Investments | Total Investments | $57006 | $28269093 | $87798 | $28413897 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 1646 | 6972 | 0 | 8618 |
| Over the counter | Over the counter | 0 | 47682 | 0 | 47682 |
|  |  | $1646 | $54654 | $0 | $56300 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (991) | (227) | 0 | (1218) |
| Over the counter | Over the counter | 0 | (106765) | 0 | (106765) |
|  |  | $(991) | $(106992) | $0 | $(107983) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $655 | $(52338) | $0 | $(51683) |
| Totals | Totals | $57661 | $28216755 | $87798 | $28362214 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO Low Duration Portfolio December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 103.5% ¤** |  |  |
| **CORPORATE BONDS & NOTES 17.9%**  |  |  |
| **BANKING & FINANCE 13.8%**  |  |  |
| **AerCap Ireland Capital DAC** <br>3.875% due 01/23/2028 | $500 | $450 |
| **American Express Co.**  |  |  |
| 2.250% due 03/04/2025  | 1000 | 945 |
| 2.550% due 03/04/2027  | 6250 | 5695 |
| 3.375% due 05/03/2024  | 3300 | 3235 |
| **American Tower Corp.** <br>1.300% due 09/15/2025 | 1000 | 904 |
| **Arch Capital Group Ltd.** <br>3.635% due 06/30/2050 | 600 | 417 |
| **Ares Finance Co. LLC** <br>3.650% due 02/01/2052 | 700 | 429 |
| **Aviation Capital Group LLC** <br>4.125% due 08/01/2025 | 800 | 747 |
| **Bank Leumi Le-Israel BM** <br>5.125% due 07/27/2027 | 2400 | 2387 |
| **Bank of America Corp.**  |  |  |
| 1.658% due 03/11/2027 •  | 6100 | 5404 |
| 1.734% due 07/22/2027 •  | 3000 | 2632 |
| 2.592% due 04/29/2031 •  | 7000 | 5716 |
| 3.093% due 10/01/2025 •  | 4900 | 4698 |
| 3.841% due 04/25/2025 •  | 1000 | 977 |
| 4.271% due 07/23/2029 •  | 2000 | 1869 |
| 4.827% due 07/22/2026 •  | 10000 | 9893 |
| 4.920% (SOFRRATE + 0.970%) due 07/22/2027 ~  | 700 | 678 |
| **Banque Federative du Credit Mutuel SA** <br>5.203% (US0003M + 0.960%) due 07/20/2023 ~ | 5600 | 5608 |
| **Barclays PLC**  |  |  |
| 4.338% due 05/16/2024 •  | 5000 | 4966 |
| 4.375% due 01/12/2026  | 7000 | 6782 |
| 4.972% due 05/16/2029 •  | 1800 | 1694 |
| **Blackstone Holdings Finance Co. LLC** <br>1.625% due 08/05/2028 | 2500 | 2039 |
| **BNP Paribas SA**  |  |  |
| 1.904% due 09/30/2028 •  | 10500 | 8759 |
| 3.375% due 01/09/2025  | 2350 | 2263 |
| **BOC Aviation Ltd.** <br>5.849% (US0003M + 1.125%) due 09/26/2023 ~ | 2800 | 2797 |
| **BPCE SA**  |  |  |
| 1.000% due 01/20/2026  | 1700 | 1492 |
| 4.000% due 09/12/2023  | 3000 | 2967 |
| 5.700% due 10/22/2023  | 750 | 745 |
| **Brixmor Operating Partnership LP** <br>3.650% due 06/15/2024 | 500 | 485 |
| **Brookfield Finance, Inc.** <br>4.250% due 06/02/2026 | 1070 | 1032 |
| **Citigroup, Inc.**  |  |  |
| 2.572% due 06/03/2031 •(a)  | 2500 | 2027 |
| 2.976% due 11/05/2030 •  | 450 | 379 |
| 3.668% due 07/24/2028 •  | 700 | 644 |
| 3.700% due 01/12/2026  | 600 | 578 |
| 5.850% (SOFRRATE + 1.528%) due 03/17/2026 ~(a)  | 12000 | 12035 |
| **Cooperatieve Rabobank UA** <br>4.655% due 08/22/2028 •  | 900 | 865 |
| **Corebridge Financial, Inc.** <br>3.850% due 04/05/2029 | 3900 | 3560 |
| **Corporate Office Properties LP** <br>2.900% due 12/01/2033 | 750 | 534 |
| **Credit Suisse AG** <br>0.520% due 08/09/2023 | 300 | 285 |
| **Credit Suisse Group AG**  |  |  |
| 2.193% due 06/05/2026 •  | 1000 | 855 |
| 2.593% due 09/11/2025 •  | 300 | 265 |
| 3.091% due 05/14/2032 •  | 3900 | 2702 |
| 3.869% due 01/12/2029 •  | 700 | 562 |
| 4.207% due 06/12/2024 •  | 750 | 731 |
| 4.550% due 04/17/2026  | 700 | 618 |
| 6.442% due 08/11/2028 •  | 5650 | 5154 |
| **Deutsche Bank AG**  |  |  |
| 2.311% due 11/16/2027 •  | 800 | 679 |

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<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.035% due 05/28/2032 •(a)  | 3400 | 2585 |
| 3.961% due 11/26/2025 •  | 3000 | 2869 |
| 5.966% (US0003M + 1.230%) due 02/27/2023 ~  | 500 | 500 |
| **Equinix, Inc.** <br>3.200% due 11/18/2029 | 600 | 524 |
| **Equitable Financial Life Global Funding** <br>0.500% due 04/06/2023 | 3000 | 2969 |
| **Essex Portfolio LP** <br>3.500% due 04/01/2025 | 850 | 820 |
| **Fairfax Financial Holdings Ltd.**  |  |  |
| 4.850% due 04/17/2028  | 600 | 568 |
| 5.625% due 08/16/2032  | 1500 | 1412 |
| **First American Financial Corp.** <br>4.300% due 02/01/2023 | 728 | 727 |
| **GA Global Funding Trust**  |  |  |
| 1.000% due 04/08/2024  | 4700 | 4405 |
| 1.950% due 09/15/2028  | 3600 | 2992 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 1.542% due 09/10/2027 •  | 100 | 86 |
| 2.640% due 02/24/2028 •  | 6125 | 5462 |
| 3.500% due 04/01/2025  | 1875 | 1805 |
| 3.691% due 06/05/2028 •  | 1000 | 931 |
| 6.162% (SOFRRATE + 1.850%) due 03/15/2028 ~  | 5000 | 4927 |
| 6.334% (US0003M + 1.600%) due 11/29/2023 ~  | 8000 | 8062 |
| **Guardian Life Global Funding** <br>1.100% due 06/23/2025 | 1400 | 1269 |
| **Healthpeak Properties, Inc.** <br>3.250% due 07/15/2026 | 1000 | 945 |
| **HSBC Holdings PLC**  |  |  |
| 3.803% due 03/11/2025 •  | 4900 | 4766 |
| 3.950% due 05/18/2024 •  | 1050 | 1042 |
| 3.973% due 05/22/2030 •  | 2600 | 2281 |
| 4.292% due 09/12/2026 •  | 1300 | 1245 |
| 4.755% due 06/09/2028 •  | 3350 | 3172 |
| **Invitation Homes Operating Partnership LP** <br>2.700% due 01/15/2034 | 400 | 293 |
| **JPMorgan Chase & Co.**  |  |  |
| 1.578% due 04/22/2027 •  | 4800 | 4223 |
| 3.540% due 05/01/2028 •  | 4300 | 3963 |
| 3.797% due 07/23/2024 •  | 1000 | 990 |
| 4.851% due 07/25/2028 •  | 10000 | 9764 |
| **Lazard Group LLC** <br>3.750% due 02/13/2025 | 500 | 483 |
| **Lloyds Banking Group PLC**  |  |  |
| 3.511% due 03/18/2026 •  | 2500 | 2377 |
| 3.574% due 11/07/2028 •  | 4100 | 3694 |
| 4.450% due 05/08/2025  | 1400 | 1374 |
| 4.582% due 12/10/2025  | 600 | 582 |
| **MassMutual Global Funding** <br>3.400% due 03/08/2026 | 400 | 382 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 2.801% due 07/18/2024  | 5000 | 4808 |
| 4.080% due 04/19/2028 •  | 1000 | 944 |
| **Mizuho Financial Group, Inc.**  |  |  |
| 2.839% due 07/16/2025 •  | 300 | 286 |
| 5.387% (US0003M + 0.630%) due 05/25/2024 ~  | 4000 | 3979 |
| **Morgan Stanley**  |  |  |
| 0.985% due 12/10/2026 •  | 1700 | 1491 |
| 2.239% due 07/21/2032 •  | 4000 | 3078 |
| 3.125% due 07/27/2026  | 1000 | 934 |
| 3.737% due 04/24/2024 •  | 3900 | 3879 |
| **Nationwide Building Society** <br>4.363% due 08/01/2024 •  | 4085 | 4032 |
| **NatWest Group PLC**  |  |  |
| 1.642% due 06/14/2027 •  | 5500 | 4767 |
| 4.269% due 03/22/2025 •  | 900 | 881 |
| 6.274% (US0003M + 1.550%) due 06/25/2024 ~  | 1800 | 1801 |
| **New York Life Global Funding** <br>0.950% due 06/24/2025 | 1200 | 1088 |
| **Nomura Holdings, Inc.**  |  |  |
| 2.648% due 01/16/2025  | 3000 | 2835 |
| 2.999% due 01/22/2032  | 1000 | 787 |
| **Pacific Life Global Funding II** <br>1.375% due 04/14/2026 | 1200 | 1060 |
| **Physicians Realty LP** <br>4.300% due 03/15/2027 | 700 | 661 |
| **Principal Life Global Funding** <br>0.750% due 04/12/2024 | 8600 | 8127 |
| **Progressive Corp.** <br>2.500% due 03/15/2027 | 1900 | 1752 |
| **Protective Life Global Funding** <br>0.502% due 04/12/2023 | 3000 | 2963 |
| **Reinsurance Group of America, Inc.** <br>3.950% due 09/15/2026 | 300 | 290 |
| **Santander Holdings USA, Inc.**  |  |  |
| 2.490% due 01/06/2028 •  | 500 | 430 |

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<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.244% due 10/05/2026  | 1000 | 929 |
| 4.400% due 07/13/2027  | 300 | 287 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 1.089% due 03/15/2025 •  | 2900 | 2711 |
| 1.673% due 06/14/2027 •  | 1000 | 851 |
| 3.823% due 11/03/2028 •  | 300 | 269 |
| **Santander U.K. PLC** <br>5.000% due 11/07/2023 | 563 | 565 |
| **SMBC Aviation Capital Finance DAC** <br>4.125% due 07/15/2023 | 1300 | 1287 |
| **Societe Generale SA** <br>3.875% due 03/28/2024 | 1000 | 977 |
| **Spirit Realty LP** <br>3.400% due 01/15/2030 | 700 | 585 |
| **Standard Chartered PLC**  |  |  |
| 3.265% due 02/18/2036 •  | 800 | 593 |
| 3.785% due 05/21/2025 •  | 3000 | 2897 |
| 3.885% due 03/15/2024 •  | 4000 | 3981 |
| 6.063% (SOFRRATE + 1.740%) due 03/30/2026 ~  | 3000 | 2952 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 2.348% due 01/15/2025  | 3000 | 2841 |
| 2.448% due 09/27/2024  | 1700 | 1617 |
| 2.696% due 07/16/2024  | 3900 | 3742 |
| **SURA Asset Management SA** <br>4.375% due 04/11/2027 | 1000 | 930 |
| **SVB Financial Group** <br>3.500% due 01/29/2025 | 1600 | 1538 |
| **Svenska Handelsbanken AB** <br>1.418% due 06/11/2027 •  | 3400 | 2982 |
| **Synchrony Financial** <br>4.250% due 08/15/2024 | 500 | 489 |
| **Truist Financial Corp.** <br>1.950% due 06/05/2030 | 1000 | 806 |
| **UBS Group AG**  |  |  |
| 4.125% due 04/15/2026  | 3500 | 3361 |
| 4.703% due 08/05/2027 •  | 4100 | 3968 |
| **Wells Fargo & Co.**  |  |  |
| 3.550% due 09/29/2025  | 200 | 193 |
| 4.300% due 07/22/2027  | 4000 | 3856 |
| **Welltower, Inc.** <br>4.000% due 06/01/2025 | 4500 | 4387 |
| **WP Carey, Inc.**  |  |  |
| 4.000% due 02/01/2025  | 1000 | 975 |
| 4.250% due 10/01/2026  | 500 | 482 |
|  |  | 307591 |
| **INDUSTRIALS 2.8%**  |  |  |
| **7-Eleven, Inc.** <br>0.800% due 02/10/2024 | 6000 | 5712 |
| **Adventist Health System** <br>2.952% due 03/01/2029 | 2500 | 2145 |
| **Aker BP ASA** <br>2.000% due 07/15/2026 | 700 | 619 |
| **American Airlines Pass-Through Trust** <br>3.375% due 11/01/2028 | 1189 | 994 |
| **Arrow Electronics, Inc.**  |  |  |
| 3.875% due 01/12/2028  | 700 | 637 |
| 4.500% due 03/01/2023  | 1800 | 1796 |
| **BAT International Finance PLC** <br>3.950% due 06/15/2025 | 1000 | 961 |
| **Bayer U.S. Finance LLC** <br>3.875% due 12/15/2023 | 2000 | 1972 |
| **Continental Airlines Pass-Through Trust** <br>4.000% due 04/29/2026 | 607 | 580 |
| **Dell International LLC** <br>6.020% due 06/15/2026 | 3100 | 3166 |
| **Energy Transfer LP** <br>4.500% due 11/01/2023 | 5691 | 5651 |
| **FactSet Research Systems, Inc.** <br>3.450% due 03/01/2032 | 500 | 421 |
| **Flex Ltd.** <br>4.750% due 06/15/2025 | 1200 | 1180 |
| **Global Payments, Inc.** <br>2.900% due 11/15/2031 | 500 | 396 |
| **Harvest Operations Corp.** <br>1.000% due 04/26/2024 | 9800 | 9264 |
| **HCA, Inc.** <br>3.125% due 03/15/2027 | 4000 | 3643 |
| **Hyundai Capital America** <br>5.875% due 04/07/2025 | 500 | 502 |
| **JetBlue Pass-Through Trust** <br>2.750% due 11/15/2033 | 2165 | 1782 |
| **Marriott International, Inc.** <br>2.750% due 10/15/2033 | 900 | 689 |

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<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Nissan** **Motor Co. Ltd.**  |  |  |
| 4.345% due 09/17/2027  | 1500 | 1362 |
| 4.810% due 09/17/2030  | 300 | 255 |
| **Quanta Services, Inc.** <br>2.900% due 10/01/2030 | 750 | 618 |
| **Reliance Steel & Aluminum Co.** <br>2.150% due 08/15/2030 | 500 | 395 |
| **Starbucks Corp.** <br>4.548% (SOFRINDX + 0.420%) due 02/14/2024 ~ | 1300 | 1293 |
| **Sutter Health** <br>2.294% due 08/15/2030 | 2800 | 2271 |
| **Sydney Airport Finance Co. Pty. Ltd.** <br>3.900% due 03/22/2023 | 750 | 748 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 354 | 286 |
| 2.900% due 11/01/2029  | 1318 | 1061 |
| 4.150% due 10/11/2025  | 779 | 755 |
| 4.550% due 02/25/2033  | 1316 | 1110 |
| 5.875% due 04/15/2029  | 2055 | 2029 |
| **Warnermedia Holdings, Inc.** <br>3.755% due 03/15/2027 | 6100 | 5502 |
| **Woodside Finance Ltd.** <br>3.700% due 03/15/2028 | 700 | 634 |
| **WRKCo, Inc.** <br>3.900% due 06/01/2028 | 800 | 737 |
| **Zimmer Biomet Holdings, Inc.** <br>3.550% due 04/01/2025 | 900 | 870 |
|  |  | 62036 |
| **UTILITIES 1.3%**  |  |  |
| **Avangrid, Inc.** <br>3.150% due 12/01/2024 | 2000 | 1913 |
| **Berkshire Hathaway Energy Co.** <br>3.700% due 07/15/2030 | 165 | 151 |
| **NBN Co. Ltd.** <br>1.450% due 05/05/2026 | 4300 | 3799 |
| **Pacific Gas & Electric Co.**  |  |  |
| 4.250% due 08/01/2023  | 1200 | 1194 |
| 4.400% due 03/01/2032  | 3000 | 2626 |
| 4.950% due 06/08/2025  | 1700 | 1675 |
| 5.450% due 06/15/2027  | 1600 | 1580 |
| **Plains All American Pipeline LP** <br>4.500% due 12/15/2026 | 700 | 673 |
| **Puget Energy, Inc.** <br>2.379% due 06/15/2028 | 1200 | 1023 |
| **Southern California Edison Co.** <br>4.963% (SOFRRATE + 0.640%) due 04/03/2023 ~ | 4100 | 4094 |
| **Texas Electric Market Stabilization Funding N LLC** <br>4.265% due 08/01/2036 | 11000 | 10464 |
| **Verizon Communications, Inc.** <br>4.016% due 12/03/2029 | 820 | 768 |
|  |  | 29960 |
| Total Corporate Bonds & Notes (Cost $427,675) |  | 399587 |
| **MUNICIPAL BONDS & NOTES 0.8%**  |  |  |
| **CALIFORNIA 0.1%**  |  |  |
| **Los Angeles Community College District, California General Obligation Bonds, Series 2020** <br>2.106% due 08/01/2032 | 1000 | 801 |
| **University of California Revenue Notes, Series 2020** <br>1.316% due 05/15/2027 | 2600 | 2244 |
|  |  | 3045 |
| **FLORIDA 0.1%**  |  |  |
| **Miami-Dade County, Florida Revenue Notes, Series 2021**  |  |  |
| 1.154% due 10/01/2025  | 2000 | 1808 |
| 1.471% due 10/01/2026  | 700 | 616 |
|  |  | 2424 |
| **IDAHO 0.1%**  |  |  |
| **Idaho Energy Resources Authority Revenue Notes, Series 2017** <br>2.297% due 09/01/2023 | 1200 | 1186 |
| **MASSACHUSETTS 0.0%**  |  |  |
| **University of Massachusetts Building Authority Revenue Bonds, (BABs), Series 2009** <br>6.423% due 05/01/2029 | 40 | 40 |

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<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **NEW YORK 0.1%**  |  |  |
| **New York State Urban Development Corp. Revenue Notes, Series 2020** <br>1.346% due 03/15/2026 | 2300 | 2065 |
| **OREGON 0.1%**  |  |  |
| **Oregon Department of Transportation State Revenue Notes, Series 2020** <br>1.084% due 11/15/2027 | 2000 | 1693 |
| **TEXAS 0.2%**  |  |  |
| **Houston Community College System, Texas General Obligation Notes, Series 2021** <br>5.000% due 02/15/2029 | 1800 | 1780 |
| **Williamson County, Texas General Obligation Notes, Series 2021** <br>0.640% due 02/15/2026 | 2500 | 2185 |
|  |  | 3965 |
| **WEST VIRGINIA 0.1%**  |  |  |
| **Tobacco Settlement Finance Authority, West Virginia Revenue Bonds, Series 2020** <br>2.951% due 06/01/2031 | 300 | 243 |
| **Tobacco Settlement Finance Authority, West Virginia Revenue Notes, Series 2020**  |  |  |
| 1.497% due 06/01/2024  | 2200 | 2087 |
| 1.820% due 06/01/2026  | 800 | 709 |
|  |  | 3039 |
| **WISCONSIN 0.0%**  |  |  |
| **Wisconsin State Revenue Notes, Series 2021** <br>1.486% due 05/01/2029 | 600 | 490 |
| Total Municipal Bonds & Notes (Cost $19,099) |  | 17947 |
| **U.S. GOVERNMENT AGENCIES 7.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 0.750% due 11/25/2050 | 2562 | 1884 |
| 3.398% due 12/25/2046 •  | 623 | 608 |
| 3.457% due 01/25/2047 •  | 613 | 592 |
| 3.547% due 10/25/2046 •  | 749 | 730 |
| 3.671% due 07/01/2034 •  | 48 | 49 |
| 3.830% due 10/01/2037 •  | 62 | 63 |
| 4.629% due 06/25/2037 ~ | 46 | 45 |
| 4.839% due 07/25/2049 •  | 1631 | 1583 |
| 4.899% due 03/25/2041 ~ | 828 | 817 |
| **Federal Home Loan Bank**<br>1.050% due 08/13/2026 | 4800 | 4243 |
| **Freddie Mac**  |  |  |
| 0.650% due 10/27/2025 | 9200 | 8234 |
| 0.800% due 10/28/2026 | 9200 | 8021 |
| 1.000% due 12/15/2040 - 05/25/2047 | 3633 | 3292 |
| 2.500% due 09/25/2048 | 1820 | 1649 |
| 3.000% due 08/15/2046 | 672 | 634 |
| 3.218% due 06/01/2037 •  | 69 | 69 |
| 3.414% due 07/15/2041 ~ | 931 | 926 |
| 3.604% due 10/15/2037 ~ | 722 | 710 |
| 4.000% due 09/01/2048 - 10/01/2048 | 3057 | 2917 |
| 4.500% due 02/01/2049 | 2179 | 2140 |
| **Ginnie Mae**  |  |  |
| 1.500% due 10/20/2045 | 1775 | 1528 |
| 3.114% due 04/20/2066 •  | 2201 | 2169 |
| 3.494% due 12/20/2064 •  | 1368 | 1342 |
| 3.547% due 04/20/2066 ~ | 3083 | 3045 |
| 3.613% due 09/20/2065 •  | 829 | 822 |
| 3.672% due 01/20/2067 •  | 1250 | 1237 |
| 4.184% due 06/20/2065 •  | 633 | 623 |
| 4.192% due 08/20/2065 •  | 1327 | 1317 |
| 4.302% due 02/20/2067 •  | 1120 | 1112 |
| 4.362% due 10/20/2065 •  | 1475 | 1460 |
| 4.382% due 07/20/2063 ~ | 301 | 300 |
| 4.412% due 06/20/2065 •  | 982 | 969 |
| 4.442% due 03/20/2065 ~ | 1255 | 1239 |
| 4.492% due 11/20/2065 ~ | 501 | 499 |
| 4.612% due 02/20/2066 ~ | 8 | 8 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 01/01/2035 | 825 | 775 |
| 4.500% due 08/01/2048 - 01/01/2049 | 729 | 712 |
| 5.500% due 04/01/2034 - 04/01/2039 | 101 | 104 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 02/01/2053 | 1500 | 1407 |

---

------

<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.500% due 02/01/2053 | 107400 | 103393 |
| Total U.S. Government Agencies (Cost $169,298) |  | 163267 |
| **U.S. TREASURY OBLIGATIONS 57.2%**  |  |  |
| **U.S. Treasury Notes**  |  |  |
| 0.375% due 07/15/2024 (d) | 24000 | 22486 |
| 2.625% due 04/15/2025 (d) | 14600 | 14055 |
| 2.750% due 05/15/2025 | 15200 | 14659 |
| 4.375% due 10/31/2024 | 500000 | 498613 |
| 4.500% due 11/30/2024 | 722900 | 722985 |
| Total U.S. Treasury Obligations (Cost $1,280,992) |  | 1272798 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 5.6%**  |  |  |
| **1211 Avenue of the Americas Trust** <br>3.901% due 08/10/2035 | 7000 | 6509 |
| **Atrium Hotel Portfolio Trust** <br>5.268% due 06/15/2035 ~ | 3400 | 3285 |
| **Banc of America Commercial Mortgage Trust** <br>3.441% due 09/15/2048 | 2456 | 2322 |
| **BANK**  |  |  |
| 2.808% due 10/17/2052  | 2500 | 2268 |
| 3.279% due 11/15/2054  | 786 | 722 |
| 3.623% due 04/15/2052  | 3000 | 2830 |
| **Barclays Commercial Mortgage Securities Trust** <br>3.488% due 02/15/2050 | 1261 | 1207 |
| **Benchmark Mortgage Trust** <br>3.615% due 03/15/2062 | 4100 | 3879 |
| **BX Commercial Mortgage Trust** <br>5.048% due 10/15/2036 •  | 969 | 932 |
| **BX Trust**  |  |  |
| 5.085% (TSFR1M + 0.749%) due 04/15/2039 ~  | 2000 | 1847 |
| 5.217% due 10/15/2036 ~  | 6300 | 6004 |
| **Citigroup Commercial Mortgage Trust**  |  |  |
| 3.268% due 09/15/2050  | 1301 | 1241 |
| 3.297% due 10/12/2050  | 4126 | 3926 |
| **Commercial Mortgage Trust**  |  |  |
| 3.178% due 02/10/2035  | 4900 | 4535 |
| 3.244% due 10/10/2029  | 2000 | 1869 |
| 3.550% due 02/10/2049  | 726 | 703 |
| 4.181% due 05/10/2051  | 1026 | 986 |
| **CSAIL Commercial Mortgage Trust** <br>3.314% due 11/15/2049 | 2793 | 2690 |
| **EQUS Mortgage Trust** <br>5.073% due 10/15/2038 •  | 6900 | 6651 |
| **GCT Commercial Mortgage Trust** <br>5.118% due 02/15/2038 •  | 5000 | 4650 |
| **GS Mortgage Securities Corp.** <br>7.736% due 08/15/2039 ~ | 2300 | 2321 |
| **GS Mortgage Securities Trust** <br>3.801% due 01/10/2047 | 709 | 698 |
| **Hawaii Hotel Trust** <br>5.468% due 05/15/2038 •  | 3400 | 3307 |
| **Hilton USA Trust** <br>3.719% due 11/05/2038 | 2000 | 1814 |
| **InTown Mortgage Trust** <br>6.825% due 08/15/2039 ~ | 4000 | 3984 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 4.248% due 07/05/2033  | 2800 | 2620 |
| 5.372% due 07/05/2033 •  | 2033 | 1913 |
| 5.618% due 03/15/2036 •  | 6800 | 6520 |
| **JPMDB Commercial Mortgage Securities Trust** <br>3.242% due 10/15/2050 | 1064 | 1012 |
| **LUXE Commercial Mortgage Trust** <br>5.368% due 10/15/2038 ~ | 588 | 564 |
| **MAD Mortgage Trust** <br>3.188% due 08/15/2034 ~ | 7100 | 6629 |
| **Morgan Stanley Capital Trust**  |  |  |
| 2.606% due 08/15/2049  | 427 | 405 |
| 2.860% due 11/15/2049  | 2367 | 2258 |
| 5.487% due 12/15/2023 •  | 4700 | 4507 |
| **Morgan Stanley Mortgage Capital Holdings Trust** <br>3.397% due 09/13/2039 | 3400 | 2989 |
| **New Orleans Hotel Trust** <br>5.307% due 04/15/2032 •  | 2700 | 2570 |
| **SFO Commercial Mortgage Trust** <br>5.468% due 05/15/2038 ~ | 2100 | 1930 |
| **SREIT Trust** <br>5.018% due 10/15/2038 ~ | 2400 | 2308 |
| **Starwood Mortgage Trust** <br>5.176% due 11/15/2036 ~ | 2550 | 2461 |
| **UBS Commercial Mortgage Trust**  |  |  |
| 3.215% due 08/15/2050  | 2527 | 2399 |
| 3.460% due 04/15/2052  | 3200 | 2977 |
| 3.903% due 02/15/2051  | 1500 | 1442 |

---

------

<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.119% due 06/15/2051  | 2000 | 1922 |
| **Wells Fargo Commercial Mortgage Trust**  |  |  |
| 2.514% due 08/15/2049  | 912 | 869 |
| 2.911% due 06/15/2049  | 690 | 661 |
| 3.390% due 11/15/2050  | 1178 | 1128 |
| 4.147% due 06/15/2051  | 600 | 579 |
| 5.328% due 02/15/2037 •  | 4000 | 3852 |
| Total Non-Agency Mortgage-Backed Securities (Cost $129,753) |  | 125695 |
| **ASSET-BACKED SECURITIES 11.6%**  |  |  |
| **ACREC Ltd.** <br>5.476% due 10/16/2036 ~ | 1500 | 1446 |
| **American Express Credit Account Master Trust** <br>4.950% due 10/15/2027 | 3800 | 3831 |
| **Anchorage Capital CLO Ltd.** <br>5.219% due 07/15/2032 •  | 5000 | 4876 |
| **Apex Credit CLO Ltd.** <br>5.736% due 09/20/2029 ~ | 2057 | 2024 |
| **Apidos CLO** <br>5.159% due 04/15/2031 •  | 750 | 739 |
| **Apres Static CLO Ltd.** <br>5.149% due 10/15/2028 ~ | 960 | 949 |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.668% due 11/15/2036 •  | 3000 | 2901 |
| **AREIT Trust**  |  |  |
| 5.076% due 01/16/2037 ~  | 3327 | 3180 |
| 5.419% due 11/17/2038 ~  | 6491 | 6215 |
| 5.710% due 09/14/2036 ~  | 141 | 138 |
| 6.567% due 06/17/2039 ~  | 7000 | 6949 |
| **Ares CLO Ltd.**  |  |  |
| 5.244% due 04/18/2031 •  | 3400 | 3340 |
| 5.375% due 04/22/2031 •  | 2000 | 1966 |
| **Atlas Senior Loan Fund Ltd.**  |  |  |
| 5.169% due 01/15/2031 ~  | 1473 | 1445 |
| 5.405% due 04/22/2031 •  | 1300 | 1266 |
| **Babson CLO Ltd.** <br>5.233% due 01/20/2031 •  | 2000 | 1969 |
| **BDS Ltd.**  |  |  |
| 5.689% due 12/16/2036 ~  | 4300 | 4172 |
| 6.121% due 03/19/2039 ~  | 5500 | 5354 |
| 6.461% due 08/19/2038 ~  | 2400 | 2366 |
| **BPCRE Holder LLC** <br>6.725% due 01/16/2037 •  | 7000 | 6908 |
| **BSPRT Issuer Ltd.** <br>6.632% due 07/15/2039 •  | 4500 | 4403 |
| **Capital One Multi-Asset Execution Trust** <br>4.950% due 10/15/2027 | 5200 | 5244 |
| **Carlyle Global Market Strategies CLO Ltd.** <br>5.405% due 04/22/2032 ~ | 1800 | 1765 |
| **Cedar Funding CLO Ltd.** <br>5.243% due 01/20/2031 •  | 6050 | 5980 |
| **CLNC Ltd.** <br>5.689% due 08/20/2035 •  | 1804 | 1773 |
| **Crestline Denali CLO Ltd.** <br>5.465% due 10/23/2031 ~ | 4600 | 4514 |
| **Dell Equipment Finance Trust** <br>4.140% due 07/22/2027 | 2000 | 1959 |
| **DLLAD LLC** <br>0.640% due 09/21/2026 | 2800 | 2608 |
| **DLLST LLC**  |  |  |
| 3.400% due 01/21/2025  | 9750 | 9488 |
| 3.690% due 09/20/2028  | 1300 | 1249 |
| **ECMC Group Student Loan Trust**  |  |  |
| 5.139% due 02/27/2068 •  | 1338 | 1273 |
| 5.189% due 09/25/2068 ~  | 2202 | 2100 |
| 5.389% due 07/25/2069 •  | 3052 | 2987 |
| 5.389% due 01/27/2070 •  | 1505 | 1496 |
| 5.439% due 05/25/2067 ~  | 821 | 791 |
| **Fortress Credit Investments Ltd.** <br>5.761% due 02/23/2039 ~ | 3000 | 2889 |
| **FS Rialto Issuer LLC** <br>5.708% due 01/19/2039 •  | 6500 | 6344 |
| **Greystone Commercial Real Estate Notes Ltd.** <br>5.498% due 09/15/2037 •  | 1394 | 1373 |
| **HGI CRE CLO Ltd.** <br>5.508% due 04/20/2037 ~ | 3200 | 3150 |
| **LCCM Trust** <br>5.518% due 12/13/2038 ~ | 1960 | 1902 |
| **LCM Ltd.** <br>5.323% due 04/20/2031 ~ | 2000 | 1955 |
| **LMREC LLC** <br>5.436% due 04/22/2037 ~ | 1946 | 1928 |
| **LoanCore Issuer Ltd.**  |  |  |
| 5.358% due 01/17/2037 ~  | 2300 | 2231 |
| 5.618% due 11/15/2038 ~  | 4600 | 4399 |

---

------

<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Louisiana** **Local Government Environmental Facilities & Community Development Authority** <br>4.275% due 02/01/2036 | 2200 | 2049 |
| **MF1 LLC** <br>6.956% due 09/17/2037 ~ | 3200 | 3188 |
| **MF1 Ltd.** <br>5.176% due 02/19/2037 ~ | 5000 | 4817 |
| **MF1 Multifamily Housing Mortgage Loan Trust** <br>5.300% due 07/15/2036 ~ | 2353 | 2297 |
| **MMAF Equipment Finance LLC** <br>5.570% due 09/09/2025 | 6600 | 6613 |
| **Navient Private Education Loan Trust** <br>5.768% due 07/16/2040 •  | 2599 | 2563 |
| **Navient Student Loan Trust** <br>5.539% due 07/26/2066 ~ | 5284 | 5200 |
| **Nelnet Student Loan Trust**  |  |  |
| 4.989% due 03/25/2030 •  | 112 | 111 |
| 5.383% due 04/20/2062 •  | 4800 | 4489 |
| **Newark BSL CLO Ltd.** <br>5.328% due 07/25/2030 ~ | 695 | 687 |
| **Oaktree CLO Ltd.** <br>5.435% due 04/22/2030 •  | 3000 | 2934 |
| **OSD CLO Ltd.** <br>4.949% due 04/17/2031 ~ | 2491 | 2450 |
| **OZLM Ltd.** <br>5.403% due 07/20/2032 ~ | 1800 | 1756 |
| **Palmer Square Loan Funding Ltd.** <br>4.879% due 10/15/2029 ~ | 1265 | 1246 |
| **Pawneee Equipment Receivables LLC** <br>4.840% due 02/15/2028 | 2700 | 2679 |
| **PFP Ltd.**  |  |  |
| 5.326% due 08/09/2037 •  | 2420 | 2317 |
| 6.600% due 08/19/2035 ~  | 4600 | 4519 |
| **Ready Capital Mortgage Financing LLC**  |  |  |
| 5.339% due 07/25/2036 •  | 2407 | 2282 |
| 5.389% due 04/25/2038 •  | 2634 | 2563 |
| 6.875% due 10/25/2039 •  | 2996 | 2991 |
| **Saranac CLO Ltd.** <br>5.873% due 08/13/2031 ~ | 4200 | 4070 |
| **Shelter Growth CRE Issuer Ltd.** <br>6.617% due 06/17/2037 ~ | 8600 | 8556 |
| **SLC Student Loan Trust**  |  |  |
| 4.666% due 05/15/2029 ~  | 483 | 467 |
| 5.574% due 11/25/2042 ~  | 168 | 167 |
| **SLM Private Education Loan Trust** <br>9.068% due 10/15/2041 •  | 2561 | 2750 |
| **SLM Student Loan Trust**  |  |  |
| 4.478% due 01/25/2027 •  | 31 | 31 |
| 4.498% due 10/25/2028 •  | 464 | 462 |
| **SMB Private Education Loan Trust**  |  |  |
| 3.630% due 11/15/2035  | 7462 | 7020 |
| 4.668% due 02/16/2055 •  | 1088 | 1056 |
| 5.048% due 01/15/2053 •  | 3349 | 3208 |
| **Starwood Commercial Mortgage Trust** <br>5.526% due 04/18/2038 ~ | 7000 | 6787 |
| **THL Credit Wind River CLO Ltd.** <br>5.159% due 04/15/2031 ~ | 3700 | 3601 |
| **TPG Real Estate Finance Issuer Ltd.**  |  |  |
| 5.458% due 02/15/2039 ~  | 4100 | 4005 |
| 5.590% due 10/15/2034 •  | 554 | 547 |
| **Venture CLO Ltd.**  |  |  |
| 5.233% due 07/20/2030 •  | 4000 | 3930 |
| 5.263% due 04/20/2029 ~  | 647 | 640 |
| 5.575% due 07/30/2032 •  | 2000 | 1939 |
| **Vibrant CLO Ltd.**  |  |  |
| 5.363% due 07/20/2032 •  | 3900 | 3837 |
| 5.696% due 06/20/2029 •  | 2563 | 2529 |
| **VMC Finance LLC** <br>5.439% due 06/16/2036 ~ | 495 | 465 |
| **Wellfleet CLO Ltd.**  |  |  |
| 5.133% due 04/20/2029 •  | 2461 | 2432 |
| 5.133% due 07/20/2029 •  | 3641 | 3594 |
| 5.303% due 10/20/2029 •  | 1536 | 1520 |
| Total Asset-Backed Securities (Cost $261,309) |  | 257199 |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Province of Ontario** <br>3.050% due 01/29/2024 | 5000 | 4906 |
| **Province of Quebec**  |  |  |
| 2.500% due 04/20/2026  | 2200 | 2071 |

---

------

<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2.625% due 02/13/2023  | 4500 | 4491 |
| Total Sovereign Issues (Cost $11,704) |  | 11468 |
| **SHORT-TERM INSTRUMENTS 2.6%**  |  |  |
| **REPURCHASE AGREEMENTS (b) 2.6%** |  | 57436 |
| Total Short-Term Instruments (Cost $57,436) |  | 57436 |
| Total Investments in Securities (Cost $2,357,266) |  | 2305397 |
| Total Investments 103.5% (Cost $2,357,266) |  | $2305397 |
| **Financial Derivative Instruments (c)(f) (0.0)**%(Cost or Premiums, net $130) |  | (48) |
| Other Assets and Liabilities, net (3.5)% |  | (78665) |
| Net Assets 100.0% |  | $2226684 |

---

------

<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description | Coupon | Coupon | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Cost | Cost |  | Market<br>Value | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets | Market Value<br>as Percentage<br>of Net Assets |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 2.572 | 2.572 | 06/03/2031 | 06/03/2031 | 05/26/2020 | 05/26/2020 | 2500 | 2500 | 2500 | 2500 | $ | 2027 | 2027 | 2027 | 0.09 | % |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 5.850 | 5.850 | 03/17/2026 | 03/17/2026 | 03/10/2022 | 03/10/2022 | 12000 | 12000 | 12000 | 12000 |  | 12035 | 12035 | 12035 | 0.54 |  |
| Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | Deutsche Bank AG | 3.035 | 3.035 | 05/28/2032 | 05/28/2032 | 08/05/2021 - 04/27/2022 | 08/05/2021 - 04/27/2022 | 3171 | 3171 | 3171 | 3171 |  | 2585 | 2585 | 2585 | 0.12 |  |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | 17671 | 17671 | 17671 | $ | $ | 16647 | 16647 | 0.75%  | 0.75%  | 0.75%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(b)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | FICC | 1.900%  | 12/30/2022 | 01/03/2023 | 01/03/2023 | $836 | 836 | 836 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 | $(853) | (853) | (853) | (853) | $836 | 836 | $ | $836 | 836 |
|  |  | 4.280  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 56600 | 56600 | 56600 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 07/15/2032 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 07/15/2032 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 07/15/2032 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 07/15/2032 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 07/15/2032 | (57732) | (57732) | (57732) | (57732) | 56600 | 56600 |  | 56627 | 56627 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  | $**(58585)** | **(58585)** | **(58585)** | **(58585)** | $**57436** | **57436** | **$** | $**57463** | **57463** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **(c)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset |  | Liability | Liability |
| U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | 03/2023 | 03/2023 | 894 | 894 | 183340 | 183340 | 98 | 98 | 98 | 98 | $ | 0 | 0 | 0 | $ | (140) | (140) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset |  | Liability | Liability |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 03/2023 | 03/2023 | 540 | 540 | (58282) | (58282) | (9) | (9) | (9) | (9) | $ | 46 | 46 | 46 | $ | 0 | 0 |
| U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | 03/2023 | 03/2023 | 701 | 701 | (82915) | (82915) | 1027 | 1027 | 1027 | 1027 |  | 44 | 44 | 44 |  | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 1018 | 1018 | 1018 | $ | $ | 90 | 90 | $ | $ | 0 | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **1116** | **1116** | **1116** | **$** | **$** | **90** | **90** | **$** | **$** | **(140)** | **(140)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset |  | Liability | Liability |
| AT&T, Inc.  | AT&T, Inc.  | 1.000% | 1.000% | 06/20/2023 | 0.674 | 0.674 | 0.674 | $2400 | 2400 | $2 | 2 | 3 | 3 | 5 | 5 | 5 | 5 | 0 | 0 | $ | $0 | 0 |
| AT&T, Inc.  | AT&T, Inc.  | 1.000 | 1.000 | 12/20/2023 | 0.867 | 0.867 | 0.867 | 5400 | 5400 | 68 | 68 | (59) | (59) | 9 | 9 | 9 | 9 | 1 | 1 |  | 0 | 0 |
| AT&T, Inc.  | AT&T, Inc.  | 1.000 | 1.000 | 06/20/2024 | 0.901 | 0.901 | 0.901 | 2100 | 2100 | 1 | 1 | 3 | 3 | 4 | 4 | 4 | 4 | 0 | 0 |  | 0 | 0 |
| Boeing Co.  | Boeing Co.  | 1.000 | 1.000 | 06/20/2026 | 1.265 | 1.265 | 1.265 | 1200 | 1200 | (6) | (6) | (4) | (4) | (10) | (10) | (10) | (10) | 0 | 0 |  | 0 | 0 |
| General Electric Co.  | General Electric Co.  | 1.000 | 1.000 | 12/20/2024 | 0.564 | 0.564 | 0.564 | 2000 | 2000 | 33 | 33 | (16) | (16) | 17 | 17 | 17 | 17 | 0 | 0 |  | 1 | 1 |

---

------

<br> Schedule of Investments PIMCO Low Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| General Electric Co.  | General Electric Co.  | 1.000 | Quarterly | 06/20/2026 | 0.801 |  | 1300 | 1300 |  | 17 | 17 | (8) | (8) | 9 | 9 | 0 |  | (1) |
| General Electric Co.  | General Electric Co.  | 1.000 | Quarterly | 12/20/2026 | 0.870 |  | 200 | 200 |  | 2 | 2 | (1) | (1) | 1 | 1 | 0 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | Quarterly | 06/20/2027 | 1.073 |  | 1900 | 1900 |  | (2) | (2) | (3) | (3) | (5) | (5) | 0 |  | (1) |
|  |  |  |  |  |  |  |  |  |  | $115 | 115 | $(85) | (85) | $30 | 30 | 1 | 1 | $(1) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> |  | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset |  | Liability |
| CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | 1.000% | Quarterly | 12/20/2027 | 12/20/2027 | $48500 | 48500 | 48500 | $ | 15 | 15 | 391 | 391 | 406 | 406 | 2 | $ | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **130** | **130** | **306** | **306** | **436** | **436** | **3** | **$** | **(1)** |
| **(d)** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $6,559 and cash of $15,137 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | 0 | $ | 307591 | $ | 0 | $ | $307591 | 307591 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 |  | 62036 |  | 0 |  | 62036 | 62036 |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 0 |  | 29960 |  | 0 |  | 29960 | 29960 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |  |
| California | California | California | California | California | California | California | California | 0 | 0 | 0 |  | 3045 |  | 0 |  | 3045 | 3045 |  |
| Florida | Florida | Florida | Florida | Florida | Florida | Florida | Florida | 0 | 0 | 0 |  | 2424 |  | 0 |  | 2424 | 2424 |  |
| Idaho | Idaho | Idaho | Idaho | Idaho | Idaho | Idaho | Idaho | 0 | 0 | 0 |  | 1186 |  | 0 |  | 1186 | 1186 |  |
| Massachusetts | Massachusetts | Massachusetts | Massachusetts | Massachusetts | Massachusetts | Massachusetts | Massachusetts | 0 | 0 | 0 |  | 40 |  | 0 |  | 40 | 40 |  |
| New York | New York | New York | New York | New York | New York | New York | New York | 0 | 0 | 0 |  | 2065 |  | 0 |  | 2065 | 2065 |  |
| Oregon | Oregon | Oregon | Oregon | Oregon | Oregon | Oregon | Oregon | 0 | 0 | 0 |  | 1693 |  | 0 |  | 1693 | 1693 |  |
| Texas | Texas | Texas | Texas | Texas | Texas | Texas | Texas | 0 | 0 | 0 |  | 3965 |  | 0 |  | 3965 | 3965 |  |
| West Virginia | West Virginia | West Virginia | West Virginia | West Virginia | West Virginia | West Virginia | West Virginia | 0 | 0 | 0 |  | 3039 |  | 0 |  | 3039 | 3039 |  |
| Wisconsin | Wisconsin | Wisconsin | Wisconsin | Wisconsin | Wisconsin | Wisconsin | Wisconsin | 0 | 0 | 0 |  | 490 |  | 0 |  | 490 | 490 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 |  | 163267 |  | 0 |  | 163267 | 163267 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 |  | 1272798 |  | 0 |  | 1272798 | 1272798 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 |  | 125695 |  | 0 |  | 125695 | 125695 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 0 |  | 257199 |  | 0 |  | 257199 | 257199 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 |  | 11468 |  | 0 |  | 11468 | 11468 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 0 |  | 57436 |  | 0 |  | 57436 | 57436 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $0 | 0 | 0 | $ | 2305397 | $ | 0 | $ | $2305397 | 2305397 |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $0 | 0 | 0 | $ | 93 | $ | 0 | $ | $93 | 93 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $0 | 0 | 0 | $ | (141) | $ | 0 | $ | $(141) | (141) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | 0 | $ | (48) | $ | 0 | $ | $(48) | (48) |  |
| Totals | Totals | Totals | Totals | Totals | Totals | Totals | Totals | $0 | 0 | 0 | $ | 2305349 | $ | 0 | $ | $2305349 | 2305349 |  |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO Moderate Duration Portfolio December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 151.9% ¤** |  |  |
| **CORPORATE BONDS & NOTES 23.2%**  |  |  |
| **BANKING & FINANCE 18.2%**  |  |  |
| **AIA Group Ltd.**  |  |  |
| 3.125% due 03/13/2023  | $1600 | $1594 |
| 3.375% due 04/07/2030  | 7500 | 6607 |
| **American Tower Corp.** <br>2.750% due 01/15/2027 | 6200 | 5629 |
| **Andrew W Mellon Foundation** <br>0.947% due 08/01/2027 | 10000 | 8537 |
| **Aviation Capital Group LLC** <br>4.125% due 08/01/2025 | 600 | 560 |
| **Banco Santander SA** <br>1.849% due 03/25/2026 | 2000 | 1768 |
| **Bank of America Corp.**  |  |  |
| 1.319% due 06/19/2026 •  | 6500 | 5859 |
| 1.658% due 03/11/2027 •  | 11900 | 10541 |
| 1.734% due 07/22/2027 •  | 7200 | 6317 |
| 1.922% due 10/24/2031 •  | 2900 | 2222 |
| 3.093% due 10/01/2025 •  | 11000 | 10546 |
| 3.194% due 07/23/2030 •  | 100 | 86 |
| 3.419% due 12/20/2028 •  | 5842 | 5300 |
| 3.593% due 07/21/2028 •  | 2500 | 2305 |
| 4.920% (SOFRRATE + 0.970%) due 07/22/2027 ~  | 3300 | 3195 |
| **Barclays PLC**  |  |  |
| 2.667% due 03/10/2032 •  | 1400 | 1071 |
| 2.852% due 05/07/2026 •  | 6000 | 5581 |
| 2.894% due 11/24/2032 •  | 8000 | 6112 |
| 4.337% due 01/10/2028  | 10800 | 10053 |
| 4.375% due 01/12/2026  | 2350 | 2277 |
| **BNP Paribas SA**  |  |  |
| 1.323% due 01/13/2027 •  | 4100 | 3588 |
| 1.904% due 09/30/2028 •  | 15000 | 12513 |
| 2.871% due 04/19/2032 •  | 7050 | 5529 |
| 3.052% due 01/13/2031 •  | 4400 | 3615 |
| 3.500% due 11/16/2027  | 1700 | 1565 |
| **BOC Aviation Ltd.** <br>5.849% (US0003M + 1.125%) due 09/26/2023 ~ | 5000 | 4994 |
| **BPCE SA**  |  |  |
| 1.000% due 01/20/2026  | 4200 | 3686 |
| 2.375% due 01/14/2025  | 6900 | 6441 |
| 4.500% due 03/15/2025  | 5000 | 4807 |
| 4.625% due 07/11/2024  | 350 | 341 |
| 5.700% due 10/22/2023  | 500 | 496 |
| **Brighthouse Financial Global Funding** <br>1.550% due 05/24/2026 | 2100 | 1847 |
| **Brookfield Finance, Inc.** <br>4.350% due 04/15/2030 | 550 | 501 |
| **Citigroup, Inc.**  |  |  |
| 2.572% due 06/03/2031 •(b)  | 6600 | 5353 |
| 2.976% due 11/05/2030 •  | 3628 | 3058 |
| 3.980% due 03/20/2030 •  | 2000 | 1808 |
| 5.850% (SOFRRATE + 1.528%) due 03/17/2026 ~(b)  | 5000 | 5015 |
| 6.004% (US0003M + 1.250%) due 07/01/2026 ~  | 8000 | 7970 |
| **Cooperatieve Rabobank UA** <br>1.339% due 06/24/2026 •  | 6000 | 5400 |
| **Credit Agricole SA** <br>3.250% due 10/04/2024 | 5000 | 4816 |
| **Credit Suisse AG** <br>3.625% due 09/09/2024 | 800 | 746 |
| **Credit Suisse Group AG**  |  |  |
| 2.193% due 06/05/2026 •  | 8850 | 7566 |
| 3.091% due 05/14/2032 •  | 6600 | 4573 |
| 3.800% due 06/09/2023  | 6300 | 6136 |
| 4.550% due 04/17/2026  | 4500 | 3974 |
| 6.373% due 07/15/2026 •  | 8000 | 7518 |
| **Crown Castle, Inc.** <br>3.800% due 02/15/2028 | 1500 | 1397 |
| **Deutsche Bank AG**  |  |  |
| 2.222% due 09/18/2024 •  | 5700 | 5507 |
| 3.961% due 11/26/2025 •  | 200 | 191 |
| 4.100% due 01/13/2026  | 100 | 96 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Discover** **Bank** <br>3.450% due 07/27/2026 | 800 | 738 |
| **First American Financial Corp.** <br>2.400% due 08/15/2031 | 2100 | 1540 |
| **GA Global Funding Trust**  |  |  |
| 1.000% due 04/08/2024  | 12500 | 11716 |
| 1.625% due 01/15/2026  | 1600 | 1422 |
| **General Motors Financial Co., Inc.** <br>5.250% due 03/01/2026 | 5000 | 4928 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 1.431% due 03/09/2027 •  | 14100 | 12380 |
| 1.542% due 09/10/2027 •  | 14800 | 12786 |
| 2.640% due 02/24/2028 •  | 1475 | 1315 |
| 3.615% due 03/15/2028 •  | 500 | 466 |
| 3.691% due 06/05/2028 •  | 7175 | 6678 |
| 4.223% due 05/01/2029 •  | 4000 | 3734 |
| 6.162% (SOFRRATE + 1.850%) due 03/15/2028 ~  | 2500 | 2464 |
| **HSBC Holdings PLC**  |  |  |
| 1.645% due 04/18/2026 •  | 10000 | 9034 |
| 2.848% due 06/04/2031 •  | 1550 | 1240 |
| 3.803% due 03/11/2025 •  | 5200 | 5057 |
| 3.950% due 05/18/2024 •  | 6600 | 6549 |
| 3.973% due 05/22/2030 •  | 8400 | 7369 |
| 4.180% due 12/09/2025 •  | 2000 | 1944 |
| 4.292% due 09/12/2026 •  | 1500 | 1436 |
| **ING Groep NV**  |  |  |
| 4.625% due 01/06/2026  | 6900 | 6746 |
| 5.334% (SOFRRATE + 1.010%) due 04/01/2027 ~  | 7500 | 7242 |
| **Invitation Homes Operating Partnership LP** <br>2.000% due 08/15/2031 | 1800 | 1334 |
| **JPMorgan Chase & Co.**  |  |  |
| 1.578% due 04/22/2027 •  | 12100 | 10646 |
| 1.953% due 02/04/2032 •  | 13900 | 10665 |
| 2.739% due 10/15/2030 •  | 2700 | 2270 |
| 3.540% due 05/01/2028 •  | 1000 | 922 |
| 3.782% due 02/01/2028 •  | 2400 | 2246 |
| 4.565% due 06/14/2030 •  | 3125 | 2947 |
| **Kimco Realty Corp.** <br>3.800% due 04/01/2027 | 2000 | 1871 |
| **KKR Group Finance Co. LLC** <br>3.750% due 07/01/2029 | 1600 | 1442 |
| **LeasePlan Corp. NV** <br>2.875% due 10/24/2024 | 2000 | 1878 |
| **Lloyds Banking Group PLC**  |  |  |
| 3.574% due 11/07/2028 •  | 7800 | 7027 |
| 4.450% due 05/08/2025  | 8000 | 7854 |
| 4.550% due 08/16/2028  | 2000 | 1886 |
| **LSEGA Financing PLC** <br>2.000% due 04/06/2028 | 1400 | 1195 |
| **Metropolitan Life Global Funding** <br>1.875% due 01/11/2027 | 5500 | 4873 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 1.412% due 07/17/2025  | 12000 | 10908 |
| 2.048% due 07/17/2030  | 6000 | 4746 |
| 2.757% due 09/13/2026  | 2450 | 2242 |
| 2.801% due 07/18/2024  | 1400 | 1346 |
| 3.850% due 03/01/2026  | 300 | 287 |
| **Mizuho Financial Group, Inc.**  |  |  |
| 1.979% due 09/08/2031 •  | 2000 | 1534 |
| 2.172% due 05/22/2032 •  | 15450 | 11782 |
| 3.477% due 04/12/2026  | 7000 | 6574 |
| **Morgan Stanley**  |  |  |
| 2.239% due 07/21/2032 •  | 1100 | 847 |
| 2.475% due 01/21/2028 •  | 27150 | 24162 |
| 3.591% due 07/22/2028 •  | 3000 | 2756 |
| **Nationwide Building Society** <br>4.363% due 08/01/2024 •  | 5800 | 5725 |
| **NatWest Group PLC**  |  |  |
| 1.642% due 06/14/2027 •  | 10000 | 8666 |
| 4.269% due 03/22/2025 •  | 6000 | 5870 |
| 4.800% due 04/05/2026  | 9000 | 8812 |
| **Nomura Holdings, Inc.** <br>2.648% due 01/16/2025 | 2000 | 1890 |
| **Protective Life Global Funding** <br>1.618% due 04/15/2026 | 3000 | 2697 |
| **RGA Global Funding** <br>2.700% due 01/18/2029 | 2500 | 2123 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 1.532% due 08/21/2026 •  | 5000 | 4409 |
| 1.673% due 06/14/2027 •  | 3200 | 2725 |
| 2.469% due 01/11/2028 •  | 2700 | 2309 |
| 3.373% due 01/05/2024 •  | 2000 | 2000 |
| 3.823% due 11/03/2028 •  | 4000 | 3581 |
| 4.796% due 11/15/2024 •  | 3250 | 3197 |
| **Santander U.K. PLC** <br>5.000% due 11/07/2023 | 312 | 313 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **SBA** **Tower Trust** <br>1.884% due 07/15/2050 | 8000 | 7046 |
| **Societe Generale SA**  |  |  |
| 2.625% due 01/22/2025  | 3200 | 3011 |
| 4.000% due 01/12/2027  | 2000 | 1855 |
| **Standard Chartered PLC**  |  |  |
| 0.991% due 01/12/2025 •  | 1000 | 945 |
| 2.678% due 06/29/2032 •  | 2900 | 2194 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 2.632% due 07/14/2026  | 3300 | 3026 |
| 2.696% due 07/16/2024  | 6000 | 5758 |
| 3.040% due 07/16/2029  | 7500 | 6501 |
| **Svenska Handelsbanken AB** <br>1.418% due 06/11/2027 •  | 11100 | 9735 |
| **UBS Group AG**  |  |  |
| 2.095% due 02/11/2032 •  | 12000 | 9062 |
| 4.703% due 08/05/2027 •  | 7400 | 7162 |
| **Ventas Realty LP** <br>4.125% due 01/15/2026 | 4000 | 3884 |
| **Wells Fargo & Co.**  |  |  |
| 2.393% due 06/02/2028 •  | 2800 | 2475 |
| 3.000% due 10/23/2026  | 2600 | 2407 |
| 3.550% due 09/29/2025  | 1200 | 1155 |
| 3.584% due 05/22/2028 •  | 1930 | 1795 |
| 4.478% due 04/04/2031 •  | 10000 | 9398 |
| **Welltower, Inc.** <br>4.250% due 04/01/2026 | 1000 | 968 |
|  |  | 582925 |
| **INDUSTRIALS 3.0%**  |  |  |
| **Adventist Health System** <br>2.952% due 03/01/2029 | 4299 | 3689 |
| **Air Canada Pass-Through Trust** <br>3.750% due 06/15/2029 | 378 | 330 |
| **American Airlines Pass-Through Trust**  |  |  |
| 2.875% due 01/11/2036  | 1600 | 1292 |
| 3.375% due 11/01/2028  | 3777 | 3157 |
| 3.650% due 08/15/2030  | 2275 | 2029 |
| 4.000% due 01/15/2027  | 1397 | 1213 |
| **BAT International Finance PLC** <br>3.950% due 06/15/2025 | 5000 | 4807 |
| **Bon Secours Mercy Health, Inc.** <br>3.464% due 06/01/2030 | 12000 | 10752 |
| **British Airways Pass-Through Trust**  |  |  |
| 2.900% due 09/15/2036  | 689 | 563 |
| 4.625% due 12/20/2025  | 111 | 108 |
| **Broadcom, Inc.** <br>4.110% due 09/15/2028 | 4078 | 3800 |
| **CHRISTUS Health** <br>4.341% due 07/01/2028 | 3000 | 2856 |
| **CommonSpirit Health** <br>2.782% due 10/01/2030 | 4700 | 3888 |
| **Continental Airlines Pass-Through Trust** <br>4.000% due 04/29/2026 | 331 | 316 |
| **CVS Health Corp.**  |  |  |
| 3.750% due 04/01/2030  | 5700 | 5181 |
| 4.300% due 03/25/2028  | 438 | 425 |
| **CVS Pass-Through Trust** <br>7.507% due 01/10/2032 | 1040 | 1083 |
| **Georgetown University** <br>2.247% due 04/01/2030 | 4500 | 3671 |
| **Hyundai Capital America** <br>0.800% due 04/03/2023 | 4100 | 4053 |
| **Imperial Brands Finance PLC** <br>3.125% due 07/26/2024 | 5500 | 5261 |
| **JetBlue Pass-Through Trust** <br>2.750% due 11/15/2033 | 6927 | 5702 |
| **Owens Corning** <br>3.400% due 08/15/2026 | 600 | 561 |
| **PeaceHealth Obligated Group** <br>1.375% due 11/15/2025 | 3100 | 2782 |
| **Reliance Steel & Aluminum Co.** <br>1.300% due 08/15/2025 | 4400 | 3980 |
| **Sabine Pass Liquefaction LLC** <br>5.625% due 03/01/2025 | 2000 | 2004 |
| **Sutter Health**  |  |  |
| 2.294% due 08/15/2030  | 7700 | 6245 |
| 3.695% due 08/15/2028  | 4300 | 3965 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 1769 | 1432 |
| 3.100% due 01/07/2030  | 883 | 798 |
| 3.450% due 01/07/2030  | 663 | 559 |
| 4.550% due 02/25/2033  | 3716 | 3133 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.875% due 04/15/2029  | 7272 | 7179 |
|  |  | 96814 |
| **UTILITIES 2.0%**  |  |  |
| **American Electric Power Co., Inc.** <br>4.920% (US0003M + 0.480%) due 11/01/2023 ~ | 5600 | 5575 |
| **AT&T, Inc.** <br>4.300% due 02/15/2030 | 5699 | 5380 |
| **Black Hills Corp.** <br>1.037% due 08/23/2024 | 7600 | 7092 |
| **Israel Electric Corp. Ltd.** <br>3.750% due 02/22/2032 | 2300 | 2021 |
| **National Rural Utilities Cooperative Finance Corp.** <br>2.700% due 02/15/2023 | 5000 | 4990 |
| **NBN Co. Ltd.** <br>1.450% due 05/05/2026 | 9000 | 7951 |
| **Pacific Gas & Electric Co.**  |  |  |
| 3.000% due 06/15/2028  | 2400 | 2079 |
| 3.300% due 03/15/2027  | 3000 | 2673 |
| 4.950% due 06/08/2025  | 2000 | 1971 |
| 5.450% due 06/15/2027  | 3500 | 3457 |
| **Sempra Energy** <br>3.400% due 02/01/2028 | 2000 | 1860 |
| **Southern California Gas Co.** <br>5.103% (US0003M + 0.350%) due 09/14/2023 ~ | 2000 | 1995 |
| **Texas Electric Market Stabilization Funding N LLC**  |  |  |
| 4.265% due 08/01/2036  | 10900 | 10369 |
| 4.966% due 02/01/2044  | 4600 | 4371 |
|  |  | 61784 |
| Total Corporate Bonds & Notes (Cost $838,383) |  | 741523 |
| **MUNICIPAL BONDS & NOTES 4.7%**  |  |  |
| **ALABAMA 0.0%**  |  |  |
| **Alabama Economic Settlement Authority Revenue Bonds, Series 2016** <br>4.263% due 09/15/2032 | 1545 | 1438 |
| **CALIFORNIA 1.5%**  |  |  |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2019** <br>2.574% due 04/01/2031 | 8500 | 7455 |
| **California State University Revenue Notes, Series 2020**  |  |  |
| 1.338% due 11/01/2027  | 1000 | 846 |
| 1.490% due 11/01/2028  | 5400 | 4455 |
| 1.690% due 11/01/2029  | 4400 | 3563 |
| 1.740% due 11/01/2030  | 2600 | 2051 |
| **Fresno County, California Revenue Bonds, (NPFGC Insured), Series 2004** <br>0.000% due 08/15/2030 (a) | 4200 | 2766 |
| **Golden State, California Tobacco Securitization Corp. Revenue Notes, Series 2021**  |  |  |
| 1.711% due 06/01/2024  | 3300 | 3142 |
| 2.332% due 06/01/2027  | 8000 | 7006 |
| **Los Angeles County, California Redevelopment Refunding Authority Redev Agency Successor Agy Tax Allocation Notes, Series 2016** <br>2.000% due 09/01/2023 | 400 | 392 |
| **Marin County, California Revenue Bonds, (NPFGC Insured), Series 2003** <br>5.410% due 08/01/2026 | 2495 | 2516 |
| **Monterey Park, California Revenue Notes, Series 2021**  |  |  |
| 1.630% due 06/01/2028  | 250 | 209 |
| 1.893% due 06/01/2030  | 300 | 240 |
| **Riverside, California Electric Revenue Bonds, (BABs), Series 2010** <br>7.605% due 10/01/2040 | 500 | 606 |
| **San Francisco, California Public Utilities Commission Water Revenue Bonds, (BABs), Series 2010** <br>5.500% due 11/01/2025 | 3975 | 4030 |
| **University of California Revenue Notes, Series 2017**  |  |  |
| 2.719% due 05/15/2024  | 500 | 487 |
| 3.063% due 07/01/2025  | 5200 | 5003 |
| **University of California Revenue Notes, Series 2020**  |  |  |
| 1.316% due 05/15/2027  | 1200 | 1036 |
| 1.366% due 05/15/2027  | 3000 | 2595 |
|  |  | 48398 |
| **FLORIDA 0.0%**  |  |  |
| **Miami-Dade County, Florida Aviation Revenue Notes, Series 2018** <br>3.405% due 10/01/2024 | 300 | 293 |
| **Miami-Dade County, Florida Revenue Notes, Series 2021** <br>1.936% due 10/01/2028 | 1000 | 840 |
|  |  | 1133 |
| **HAWAII 0.4%**  |  |  |
| **Hawaii State General Obligation Notes, Series 2020**  |  |  |
| 0.802% due 10/01/2024  | 10670 | 10005 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0.852% due 10/01/2025  | 3850 | 3487 |
|  |  | 13492 |
| **IDAHO 0.2%**  |  |  |
| **Idaho Energy Resources Authority Revenue Notes, Series 2017**  |  |  |
| 2.297% due 09/01/2023  | 2100 | 2075 |
| 2.447% due 09/01/2024  | 4400 | 4266 |
|  |  | 6341 |
| **KANSAS 0.1%**  |  |  |
| **Wyandotte County-Kansas City Unified Government Utility System, Kansas Revenue Notes, Series 2020**  |  |  |
| 1.861% due 09/01/2028  | 2000 | 1709 |
| 1.961% due 09/01/2029  | 600 | 502 |
|  |  | 2211 |
| **MICHIGAN 0.1%**  |  |  |
| **Michigan Finance Authority Revenue Notes, Series 2019**  |  |  |
| 2.466% due 12/01/2025  | 1100 | 1030 |
| 2.596% due 12/01/2026  | 1400 | 1286 |
|  |  | 2316 |
| **NEW JERSEY 0.1%**  |  |  |
| **New Jersey Economic Development Authority Revenue Bonds, (AGM Insured), Series 1997** <br>0.000% due 02/15/2024 (a) | 4300 | 4073 |
| **NEW YORK 1.1%**  |  |  |
| **Metropolitan Transportation Authority, New York Revenue Bonds, (BABs), Series 2010**  |  |  |
| 5.355% due 11/15/2023  | 600 | 603 |
| 6.814% due 11/15/2040  | 500 | 524 |
| **New York City Transitional Finance Authority Future Tax Secured, New York Revenue Bonds, Series 2010** <br>5.008% due 08/01/2027 | 900 | 899 |
| **New York City Transitional Finance Authority Future Tax Secured, New York Revenue Notes, Series 2018** <br>3.250% due 08/01/2023 | 805 | 799 |
| **New York City Transitional Finance Authority Future Tax Secured, New York Revenue Notes, Series 2019**  |  |  |
| 2.010% due 05/01/2025  | 3000 | 2805 |
| 2.980% due 11/01/2027  | 7000 | 6340 |
| **New York State Dormitory Authority Revenue Notes, Series 2020** <br>2.727% due 02/15/2029 | 2145 | 1857 |
| **New York State Thruway Authority Revenue Bonds, Series 2019** <br>2.900% due 01/01/2035 | 2100 | 1726 |
| **New York State Urban Development Corp. Revenue Notes, Series 2019** <br>2.150% due 03/15/2025 | 5600 | 5295 |
| **New York State Urban Development Corp. Revenue Notes, Series 2020**  |  |  |
| 1.496% due 03/15/2027  | 9400 | 8194 |
| 1.777% due 03/15/2028  | 4000 | 3431 |
| **Port Authority of New York & New Jersey Revenue Bonds, Series 2009** <br>5.859% due 12/01/2024 | 2500 | 2530 |
|  |  | 35003 |
| **OHIO 0.2%**  |  |  |
| **JobsOhio Beverage System Revenue Bonds, Series 2013** <br>3.985% due 01/01/2029 | 6035 | 5855 |
| **SOUTH DAKOTA 0.1%**  |  |  |
| **Educational Enhancement Funding Corp., South Dakota Revenue Notes, Series 2021**  |  |  |
| 1.245% due 06/01/2025  | 1800 | 1644 |
| 1.495% due 06/01/2026  | 2500 | 2210 |
|  |  | 3854 |
| **TEXAS 0.3%**  |  |  |
| **Houston Community College System, Texas General Obligation Notes, Series 2021** <br>5.000% due 02/15/2029 | 2000 | 1978 |
| **North Texas Tollway Authority Revenue Notes, Series 2020** <br>1.464% due 01/01/2027 | 2750 | 2398 |
| **Texas Transportation Commission State Highway Fund Revenue Bonds, (BABs), Series 2010** <br>5.028% due 04/01/2026 | 2205 | 2220 |
| **Texas Transportation Commission State Highway Fund Revenue Bonds, Series 2020** <br>4.000% due 10/01/2033 | 2500 | 2277 |
|  |  | 8873 |
| **UTAH 0.1%**  |  |  |
| **Utah Municipal Power Agency Revenue Bonds, Series 2016** <br>3.237% due 07/01/2028 | 2000 | 1829 |
| **Utah State General Obligation Bonds, (BABs), Series 2009** <br>4.554% due 07/01/2024 | 260 | 259 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Utah** **State General Obligation Bonds, (BABs), Series 2010** <br>3.539% due 07/01/2025 | 367 | 360 |
|  |  | 2448 |
| **WEST VIRGINIA 0.3%**  |  |  |
| **Tobacco Settlement Finance Authority, West Virginia Revenue Notes, Series 2020**  |  |  |
| 1.820% due 06/01/2026  | 3300 | 2926 |
| 2.020% due 06/01/2027  | 4400 | 3796 |
| 2.351% due 06/01/2028  | 3000 | 2546 |
|  |  | 9268 |
| **WISCONSIN 0.2%**  |  |  |
| **Wisconsin State Revenue Notes, Series 2020**  |  |  |
| 2.196% due 05/01/2027  | 3300 | 2964 |
| 2.299% due 05/01/2028  | 2100 | 1850 |
|  |  | 4814 |
| Total Municipal Bonds & Notes (Cost $167,082) |  | 149517 |
| **U.S. GOVERNMENT AGENCIES 39.6%**  |  |  |
| **Fannie Mae**  |  |  |
| 0.750% due 11/25/2050 | 15854 | 11658 |
| 3.190% due 03/25/2036 •  | 340 | 330 |
| 3.289% due 11/25/2046 •  | 2202 | 2142 |
| 3.308% due 11/25/2046 •  | 238 | 231 |
| 3.333% due 12/25/2056 ~ | 1548 | 1502 |
| 3.398% due 12/25/2046 •  | 2726 | 2661 |
| 3.448% due 11/25/2046 ~ | 215 | 209 |
| 3.457% due 01/25/2047 •  | 2454 | 2369 |
| 3.489% due 07/25/2046 •  | 113 | 110 |
| 3.547% due 10/25/2046 •  | 3753 | 3657 |
| 3.671% due 07/01/2034 •  | 137 | 139 |
| 3.830% due 10/01/2037 •  | 185 | 189 |
| 4.266% due 11/25/2045 •  | 418 | 406 |
| 4.629% due 06/25/2037 ~ | 162 | 158 |
| 4.689% due 12/25/2045 ~ | 260 | 254 |
| 4.739% due 03/25/2035 - 03/25/2046 •  | 504 | 492 |
| 5.119% due 06/25/2040 •  | 170 | 168 |
| **Freddie Mac**  |  |  |
| 1.000% due 12/15/2040 - 05/25/2047 | 28877 | 25387 |
| 1.250% due 12/15/2044 | 1710 | 1381 |
| 2.491% due 12/25/2028 | 4948 | 4634 |
| 2.500% due 09/25/2048 | 4685 | 4245 |
| 3.000% due 10/01/2046 - 05/01/2048 | 15062 | 13429 |
| 3.106% due 08/15/2040 ~ | 1313 | 1277 |
| 3.210% due 07/15/2040 •  | 2232 | 2222 |
| 3.258% due 10/15/2040 ~ | 1203 | 1172 |
| 3.414% due 07/15/2041 ~ | 3723 | 3704 |
| 3.500% due 06/01/2044 - 10/01/2048 | 1046 | 974 |
| 3.604% due 10/15/2037 ~ | 3657 | 3596 |
| 3.665% due 03/15/2042 •  | 2565 | 2565 |
| 4.000% due 09/01/2048 - 05/01/2049 | 9850 | 9407 |
| 4.500% due 10/01/2048 - 02/01/2049 | 3843 | 3771 |
| 4.618% due 09/15/2035 ~ | 9 | 9 |
| 4.718% due 02/15/2041 ~ | 193 | 189 |
| 4.768% due 04/15/2041 •  | 58 | 57 |
| 4.788% due 11/15/2036 •  | 53 | 52 |
| 4.868% due 04/15/2041 ~ | 234 | 230 |
| 4.868% due 04/15/2041 •  | 234 | 230 |
| **Ginnie Mae**  |  |  |
| 1.500% due 10/20/2045 | 6116 | 5265 |
| 3.000% due 01/20/2067 | 5278 | 5064 |
| 3.114% due 04/20/2066 •  | 5732 | 5648 |
| 3.430% due 03/20/2066 ~ | 2233 | 2207 |
| 3.494% due 12/20/2064 •  | 3497 | 3428 |
| 3.500% due 09/20/2045 | 1574 | 1468 |
| 3.547% due 04/20/2066 ~ | 6039 | 5966 |
| 3.613% due 09/20/2065 •  | 3318 | 3289 |
| 3.672% due 01/20/2067 •  | 4700 | 4653 |
| 4.292% due 08/20/2066 •  | 1 | 1 |
| 4.382% due 07/20/2063 ~ | 1149 | 1142 |
| 4.393% due 12/20/2066 •  | 4746 | 4714 |
| 4.412% due 06/20/2065 •  | 7561 | 7460 |
| 4.417% due 07/20/2065 •  | 234 | 232 |
| 4.442% due 03/20/2065 ~ | 3404 | 3361 |
| 4.492% due 11/20/2065 - 06/20/2066 ~ | 5603 | 5580 |
| 4.511% due 09/20/2065 •  | 288 | 284 |
| 4.522% due 08/20/2061 ~ | 1 | 1 |
| 4.572% due 09/20/2063 •  | 113 | 113 |
| 4.592% due 10/20/2063 ~ | 165 | 164 |
| 4.612% due 02/20/2066 ~ | 26 | 26 |
| 4.642% due 05/20/2066 •  | 3217 | 3177 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Ginnie** **Mae, TBA**<br>2.500% due 01/01/2053 - 02/01/2053 | 120300 | 104364 |
| **Tennessee Valley Authority STRIPS**<br>7.125% due 05/01/2030 | 10000 | 11593 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 01/01/2035 - 03/01/2050 | 20186 | 18101 |
| 3.500% due 03/01/2024 - 07/01/2048 | 8582 | 8166 |
| 4.000% due 05/01/2047 - 09/01/2048 | 5391 | 5148 |
| 4.500% due 08/01/2048 | 4580 | 4476 |
| 5.000% due 04/01/2023 - 11/01/2044 | 2001 | 2025 |
| 5.500% due 04/01/2023 - 02/01/2042 | 878 | 905 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 2.500% due 02/01/2053 | 158300 | 134220 |
| 3.000% due 02/01/2052 - 02/01/2053  | 556500 | 488939 |
| 3.500% due 02/01/2053 | 205500 | 186841 |
| 4.000% due 03/01/2053 | 32200 | 30218 |
| 4.500% due 02/01/2053 | 108400 | 104355 |
| Total U.S. Government Agencies (Cost $1,301,234) |  | 1267800 |
| **U.S. TREASURY OBLIGATIONS 16.9%**  |  |  |
| **U.S. Treasury Notes**  |  |  |
| 0.750% due 01/31/2028 | 50000 | 42527 |
| 1.125% due 02/29/2028 | 42800 | 37067 |
| 1.250% due 04/30/2028 (e) | 21500 | 18658 |
| 2.500% due 03/31/2027 | 231200 | 217003 |
| 2.625% due 07/31/2029 | 60000 | 55262 |
| 2.875% due 04/30/2029 | 60000 | 56202 |
| 3.875% due 11/30/2027 | 35700 | 35510 |
| 4.500% due 11/30/2024 | 80000 | 80010 |
| Total U.S. Treasury Obligations (Cost $579,552) |  | 542239 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 7.9%**  |  |  |
| **225 Liberty Street Trust** <br>3.597% due 02/10/2036 | 1200 | 1095 |
| **Banc of America Commercial Mortgage Trust** <br>3.441% due 09/15/2048 | 4174 | 3947 |
| **BANK**  |  |  |
| 1.805% due 11/15/2053  | 6000 | 5075 |
| 2.808% due 10/17/2052  | 1600 | 1452 |
| 2.897% due 11/15/2062  | 3728 | 3413 |
| 2.933% due 09/15/2062  | 10300 | 9336 |
| 3.432% due 05/15/2062  | 2000 | 1865 |
| 3.623% due 04/15/2052  | 2500 | 2358 |
| **Benchmark Mortgage Trust**  |  |  |
| 2.615% due 12/15/2054  | 1626 | 1411 |
| 2.888% due 08/15/2057  | 4319 | 3932 |
| 2.957% due 12/15/2062  | 6100 | 5598 |
| 3.780% due 02/15/2051 ~  | 1100 | 1058 |
| 4.232% due 01/15/2052  | 5700 | 5444 |
| **BX Commercial Mortgage Trust** <br>5.048% due 10/15/2036 •  | 1192 | 1147 |
| **Cantor Commercial Real Estate Lending** <br>2.817% due 11/15/2052 | 8300 | 7522 |
| **Commercial Mortgage Trust**  |  |  |
| 2.873% due 08/15/2057  | 1700 | 1542 |
| 3.091% due 10/10/2049  | 3700 | 3399 |
| 3.432% due 08/10/2048  | 954 | 909 |
| 3.497% due 05/10/2048  | 1500 | 1426 |
| 3.510% due 09/10/2050  | 4200 | 3863 |
| 3.694% due 08/10/2047  | 2200 | 2128 |
| 3.796% due 08/10/2047  | 3250 | 3145 |
| 3.902% due 07/10/2050  | 2200 | 2109 |
| 4.228% due 05/10/2051  | 3800 | 3586 |
| **Credit Suisse Commercial Mortgage Trust** <br>5.285% due 06/15/2034 •  | 135 | 128 |
| **Credit Suisse Mortgage Capital Trust** <br>5.668% due 10/15/2037 •  | 5300 | 5175 |
| **CSAIL Commercial Mortgage Trust**  |  |  |
| 2.957% due 09/15/2052  | 9031 | 8277 |
| 3.808% due 11/15/2048  | 5600 | 5337 |
| **DBUBS Mortgage Trust** <br>3.452% due 10/10/2034 | 6100 | 5740 |
| **Extended Stay America Trust** <br>5.398% due 07/15/2038 ~ | 25283 | 24593 |
| **GS Mortgage Securities Corp.** <br>7.736% due 08/15/2039 ~ | 1700 | 1716 |
| **GS Mortgage Securities Corp. Trust** <br>3.419% due 10/10/2032 | 1410 | 1374 |
| **GS Mortgage Securities Trust**  |  |  |
| 3.396% due 02/10/2048  | 2600 | 2492 |
| 3.801% due 01/10/2047  | 2246 | 2210 |
| 3.871% due 07/10/2046 ~  | 7000 | 6957 |
| **HPLY Trust** <br>5.318% due 11/15/2036 •  | 4211 | 4110 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Independence** **Plaza Trust** <br>3.763% due 07/10/2035 | 3300 | 3095 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.418% due 12/15/2036 •  | 6000 | 5568 |
| **JPMBB Commercial Mortgage Securities Trust**  |  |  |
| 3.144% due 06/15/2049  | 2900 | 2687 |
| 3.611% due 05/15/2048  | 2000 | 1905 |
| 3.639% due 11/15/2047  | 3000 | 2885 |
| 3.670% due 09/15/2047  | 1690 | 1635 |
| 3.801% due 08/15/2048  | 1302 | 1239 |
| **JPMDB Commercial Mortgage Securities Trust**  |  |  |
| 2.982% due 11/13/2052  | 3200 | 2904 |
| 2.994% due 12/15/2049  | 238 | 226 |
| **LUXE Commercial Mortgage Trust** <br>5.368% due 10/15/2038 ~ | 1038 | 995 |
| **Morgan Stanley Bank of America Merrill Lynch Trust** <br>3.306% due 04/15/2048 | 2000 | 1897 |
| **Morgan Stanley Capital Trust**  |  |  |
| 2.606% due 08/15/2049  | 995 | 944 |
| 3.067% due 11/15/2052  | 6200 | 5660 |
| 3.587% due 12/15/2050  | 700 | 647 |
| 3.809% due 12/15/2048  | 2000 | 1892 |
| 5.487% due 12/15/2023 •  | 8300 | 7960 |
| **NYO Commercial Mortgage Trust** <br>5.413% due 11/15/2038 ~ | 18000 | 16369 |
| **SFO Commercial Mortgage Trust** <br>5.468% due 05/15/2038 ~ | 7100 | 6527 |
| **SREIT Trust** <br>5.018% due 10/15/2038 ~ | 3500 | 3366 |
| **UBS Commercial Mortgage Trust**  |  |  |
| 2.866% due 10/15/2052  | 7069 | 6406 |
| 2.987% due 12/15/2052  | 930 | 845 |
| 3.366% due 10/15/2050  | 2559 | 2431 |
| 3.504% due 12/15/2050  | 8252 | 7895 |
| 3.903% due 02/15/2051  | 3500 | 3366 |
| 4.195% due 08/15/2051  | 1200 | 1153 |
| **Wells Fargo Commercial Mortgage Trust**  |  |  |
| 2.651% due 02/15/2053  | 1400 | 1254 |
| 2.652% due 08/15/2049  | 1600 | 1448 |
| 2.788% due 07/15/2048  | 168 | 161 |
| 3.306% due 05/15/2048  | 124 | 120 |
| 3.311% due 06/15/2052  | 4750 | 4231 |
| 3.461% due 07/15/2058  | 448 | 436 |
| 3.540% due 05/15/2048  | 1500 | 1429 |
| 4.147% due 06/15/2051  | 1400 | 1352 |
| 5.328% due 02/15/2037 •  | 6700 | 6451 |
| Total Non-Agency Mortgage-Backed Securities (Cost $275,719) |  | 252248 |
| **ASSET-BACKED SECURITIES 9.9%**  |  |  |
| **ACREC Ltd.** <br>5.476% due 10/16/2036 ~ | 4400 | 4242 |
| **American Express Credit Account Master Trust** <br>4.950% due 10/15/2027 | 2500 | 2521 |
| **Anchorage Capital CLO Ltd.**  |  |  |
| 5.219% due 07/15/2032 •  | 15500 | 15116 |
| 5.465% due 07/22/2032 ~  | 4000 | 3914 |
| **Apex Credit CLO Ltd.** <br>5.736% due 09/20/2029 ~ | 3291 | 3238 |
| **Apidos CLO** <br>5.094% due 07/18/2029 •  | 900 | 889 |
| **Apres Static CLO Ltd.** <br>5.149% due 10/15/2028 ~ | 4712 | 4657 |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.668% due 11/15/2036 •  | 8900 | 8606 |
| **AREIT Trust**  |  |  |
| 5.076% due 01/16/2037 ~  | 5704 | 5451 |
| 5.419% due 11/17/2038 ~  | 3638 | 3483 |
| 5.710% due 09/14/2036 ~  | 117 | 115 |
| 6.567% due 06/17/2039 ~  | 3200 | 3177 |
| **Ares CLO Ltd.**  |  |  |
| 5.244% due 04/18/2031 •  | 10200 | 10021 |
| 5.375% due 04/22/2031 •  | 6000 | 5899 |
| **BDS Ltd.**  |  |  |
| 5.689% due 12/16/2036 ~  | 4000 | 3881 |
| 6.461% due 08/19/2038 ~  | 3300 | 3253 |
| **Birch Grove CLO Ltd.** <br>5.899% due 06/15/2031 ~ | 1200 | 1181 |
| **BXMT Ltd.** <br>5.322% due 11/15/2037 ~ | 8000 | 7877 |
| **Carlyle U.S. CLO Ltd.** <br>5.243% due 04/20/2031 •  | 4500 | 4428 |
| **Carrington Mortgage Loan Trust** <br>5.363% due 10/20/2029 •  | 3291 | 3252 |
| **Catamaran CLO Ltd.** <br>5.425% due 04/22/2030 •  | 14724 | 14514 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **CLNC** **Ltd.** <br>5.689% due 08/20/2035 •  | 3609 | 3547 |
| **ECMC Group Student Loan Trust**  |  |  |
| 5.139% due 02/27/2068 •  | 3853 | 3667 |
| 5.189% due 09/25/2068 ~  | 5178 | 4937 |
| 5.389% due 01/27/2070 •  | 7656 | 7608 |
| 5.439% due 05/25/2067 ~  | 3119 | 3007 |
| **Gallatin CLO Ltd.** <br>5.169% due 07/15/2031 ~ | 3180 | 3125 |
| **GPMT Ltd.**  |  |  |
| 5.589% due 07/16/2035 •  | 6001 | 5889 |
| 5.711% due 12/15/2036 •  | 1500 | 1451 |
| **KKR CLO Ltd.** <br>5.134% due 07/18/2030 ~ | 1792 | 1775 |
| **LCCM Trust** <br>5.518% due 12/13/2038 ~ | 1000 | 970 |
| **LoanCore Issuer Ltd.** <br>5.618% due 11/15/2038 ~ | 6100 | 5833 |
| **MF1 LLC** <br>6.956% due 09/17/2037 ~ | 2900 | 2889 |
| **MF1 Ltd.** <br>6.150% due 11/15/2035 ~ | 5648 | 5576 |
| **MF1 Multifamily Housing Mortgage Loan Trust** <br>5.300% due 07/15/2036 ~ | 10213 | 9969 |
| **MMAF Equipment Finance LLC** <br>5.610% due 07/10/2028 | 8800 | 8911 |
| **Mountain View CLO LLC** <br>5.169% due 10/16/2029 •  | 1868 | 1848 |
| **Navient Private Education Loan Trust** <br>5.768% due 07/16/2040 •  | 3869 | 3815 |
| **Navient Private Education Refi Loan Trust**  |  |  |
| 5.218% due 01/15/2043 ~  | 1094 | 1078 |
| 5.318% due 04/15/2069 ~  | 2217 | 2158 |
| **Navient Student Loan Trust** <br>5.189% due 07/26/2066 ~ | 2785 | 2716 |
| **Nelnet Student Loan Trust** <br>4.989% due 03/25/2030 •  | 414 | 413 |
| **Oaktree CLO Ltd.** <br>5.363% due 10/20/2032 ~ | 1500 | 1455 |
| **OCP CLO Ltd.** <br>5.363% due 07/20/2029 ~ | 3940 | 3904 |
| **OSD CLO Ltd.** <br>4.949% due 04/17/2031 ~ | 7372 | 7253 |
| **OZLM Ltd.** <br>5.403% due 07/20/2032 ~ | 5200 | 5074 |
| **Palmer Square Loan Funding Ltd.** <br>5.043% due 07/20/2029 ~ | 6452 | 6377 |
| **Pawneee Equipment Receivables LLC** <br>5.170% due 02/15/2028 | 2700 | 2659 |
| **PFP Ltd.**  |  |  |
| 5.326% due 08/09/2037 •  | 7010 | 6710 |
| 6.600% due 08/19/2035 ~  | 3000 | 2947 |
| **Rad CLO Ltd.** <br>5.445% due 07/24/2032 ~ | 2800 | 2733 |
| **Ready Capital Mortgage Financing LLC** <br>5.389% due 04/25/2038 •  | 3292 | 3204 |
| **Romark CLO Ltd.** <br>5.355% due 10/23/2030 ~ | 4000 | 3929 |
| **Saranac CLO Ltd.** <br>5.873% due 08/13/2031 ~ | 2000 | 1938 |
| **SBA Tower Trust** <br>3.869% due 10/15/2049 þ | 1700 | 1626 |
| **Shackleton CLO Ltd.** <br>5.163% due 10/20/2027 •  | 1030 | 1025 |
| **SLC Student Loan Trust**  |  |  |
| 4.666% due 05/15/2029 ~  | 1619 | 1565 |
| 5.574% due 11/25/2042 ~  | 514 | 510 |
| **SLM Private Education Loan Trust** <br>9.068% due 10/15/2041 •  | 3671 | 3942 |
| **SLM Student Loan Trust**  |  |  |
| 4.478% due 01/25/2027 •  | 113 | 113 |
| 4.498% due 10/25/2028 •  | 1409 | 1402 |
| 4.958% due 10/25/2029 ~  | 1655 | 1643 |
| **SMB Private Education Loan Trust** <br>5.048% due 01/15/2053 •  | 4067 | 3896 |
| **Starwood Commercial Mortgage Trust** <br>5.526% due 04/18/2038 ~ | 10000 | 9696 |
| **TICP CLO Ltd.** <br>5.083% due 04/20/2028 ~ | 1214 | 1210 |
| **TPG Real Estate Finance Issuer Ltd.**  |  |  |
| 5.458% due 02/15/2039 ~  | 5000 | 4884 |
| 5.590% due 10/15/2034 •  | 1693 | 1672 |
| **Venture CLO Ltd.**  |  |  |
| 4.959% due 07/15/2027 •  | 201 | 202 |
| 5.233% due 07/20/2030 •  | 10700 | 10512 |
| 5.263% due 04/20/2029 ~  | 2310 | 2287 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.293% due 07/20/2030 ~  | 4097 | 4003 |
| 5.575% due 07/30/2032 •  | 3000 | 2908 |
| **Vibrant CLO Ltd.** <br>5.363% due 07/20/2032 •  | 10300 | 10133 |
| **VMC Finance LLC** <br>5.439% due 06/16/2036 ~ | 2427 | 2278 |
| **Voya CLO Ltd.** <br>5.029% due 04/17/2030 •  | 7467 | 7375 |
| **Wellfleet CLO Ltd.** <br>5.133% due 04/20/2029 •  | 4247 | 4196 |
| Total Asset-Backed Securities (Cost $322,555) |  | 316158 |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Export-Import Bank of Korea** <br>1.875% due 02/12/2025 | 6400 | 6018 |
| Total Sovereign Issues (Cost $6,392) |  | 6018 |
| **SHORT-TERM INSTRUMENTS 49.5%**  |  |  |
| **REPURCHASE AGREEMENTS (c) 44.5%** |  | 1424636 |
| **SHORT-TERM NOTES 5.0%**  |  |  |
| **Federal Home Loan Bank**  |  |  |
| 4.310% due 01/03/2023 - 01/04/2023 •  | 63600 | 63600 |
| 4.320% due 01/06/2023 - 01/24/2023 •  | 64400 | 64400 |
| 4.325% due 02/06/2023 •  | 32200 | 32201 |
|  |  | 160201 |
| Total Short-Term Instruments (Cost $1,584,836) |  | 1584837 |
| Total Investments in Securities (Cost $5,075,753) |  | 4860340 |
| Total Investments 151.9% (Cost $5,075,753) |  | $4860340 |
| **Financial Derivative Instruments (d)(g) (0.0)**%(Cost or Premiums, net $(58)) |  | (206) |
| Other Assets and Liabilities, net (51.9)% |  | (1660986) |
| Net Assets 100.0% |  | $3199148 |

---

------

<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(b)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description | Coupon | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Cost | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets | Market Value<br>as Percentage<br>of Net Assets |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 2.572 | 06/03/2031 | 06/03/2031 | 06/03/2031 | 05/26/2020 | 05/26/2020 | 6600 | 6600 | 6600 | 6600 | $ | 5353 | 5353 | 0.17 | % |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 5.850 | 03/17/2026 | 03/17/2026 | 03/17/2026 | 03/10/2022 | 03/10/2022 | 5000 | 5000 | 5000 | 5000 |  | 5015 | 5015 | 0.15 |  |
|  |  |  |  |  |  |  |  |  |  | $ | 11600 | 11600 | 11600 | $ | $ | 10368 | 0.32%  | 0.32%  | 0.32%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(c)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BPS | BPS | 4.150%  | 12/30/2022 | 01/03/2023 | 608400 | 608400 | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 02/28/2027 | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 02/28/2027 | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 02/28/2027 | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 02/28/2027 | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 02/28/2027 | $(619889) | (619889) | (619889) | (619889) | 608400 | $ | $608680 | 608680 |
| BRC | BRC | 4.260  | 01/03/2023 | 01/04/2023 | 633500 | 633500 | &nbsp;&nbsp; U.S. Treasury Bonds 3.125% - 4.750% due 02/15/2041 - 05/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.125% - 4.750% due 02/15/2041 - 05/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.125% - 4.750% due 02/15/2041 - 05/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.125% - 4.750% due 02/15/2041 - 05/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.125% - 4.750% due 02/15/2041 - 05/15/2048 | (643507) | (643507) | (643507) | (643507) | 633500 |  | 633500 | 633500 |
| FICC | FICC | 1.900  | 12/30/2022 | 01/03/2023 | 336 | 336 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | (343) | (343) | (343) | (343) | 336 |  | 336 | 336 |
|  |  | 4.280  | 12/30/2022 | 01/03/2023 | 104200 | 104200 | &nbsp;&nbsp; U.S. Treasury Notes 3.250% due 06/30/2029 | &nbsp;&nbsp; U.S. Treasury Notes 3.250% due 06/30/2029 | &nbsp;&nbsp; U.S. Treasury Notes 3.250% due 06/30/2029 | &nbsp;&nbsp; U.S. Treasury Notes 3.250% due 06/30/2029 | &nbsp;&nbsp; U.S. Treasury Notes 3.250% due 06/30/2029 | (106284) | (106284) | (106284) | (106284) | 104200 |  | 104250 | 104250 |
| MBC | MBC | 4.310  | 12/28/2022 | 01/04/2023 | 78200 | 78200 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.750% due 02/15/2042 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.750% due 02/15/2042 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.750% due 02/15/2042 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.750% due 02/15/2042 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.750% due 02/15/2042 | (80464) | (80464) | (80464) | (80464) | 78200 |  | 78256 | 78256 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  | $**(1450487)** | **(1450487)** | **(1450487)** | **(1450487)** | **1424636** | **$** | $**1425022** | **1425022** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **(d)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability | Liability |
| U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | 748 | 748 | 748 | $153398 | 153398 | 101 | 101 | 101 | 101 | $ | $0 | 0 | $ | (117) | (117) |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 1070 | 1070 | 1070 | 115485 | 115485 | (171) | (171) | (171) | (171) |  | 0 | 0 |  | (92) | (92) |
|  |  |  |  |  |  |  |  |  |  | (70) | (70) | (70) | $ | $ | 0 | $ | $ | (209) | (209) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability | Liability |
| U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | 8 | 8 | 8 | $(946) | (946) | 5 | 5 | 5 | 5 | $ | $1 | 1 | $ | 0 | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(65)** | **(65)** | **(65)** | **$** | **$** | **1** | **$** | **$** | **(209)** | **(209)** |

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<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Liability |
| AT&T, Inc.  | 06/20/2024 | 0.901 | $7600 | 7600 | 0 | 0 | 14 | 14 | 14 | 14 | 0 | 0 |
| AT&T, Inc.  | 06/20/2025 | 0.947 | 3900 | 3900 | (147) | (147) | 153 | 153 | 6 | 6 | 0 | (1) |
| AT&T, Inc.  | 12/20/2025 | 0.967 | 900 | 900 | 12 | 12 | (11) | (11) | 1 | 1 | 0 | 1 |
| AT&T, Inc.  | 06/20/2026 | 0.998 | 3800 | 3800 | 58 | 58 | (56) | (56) | 2 | 2 | 0 | (1) |
| AT&T, Inc.  | 12/20/2026 | 1.022 | 900 | 900 | 8 | 8 | (8) | (8) | 0 | 0 | 0 | 0 |
| Boeing Co.  | 12/20/2026 | 1.297 | 3500 | 3500 | (22) | (22) | (14) | (14) | (36) | (36) | 2 | 0 |
| General Electric Co.  | 12/20/2026 | 0.870 | 1800 | 1800 | 24 | 24 | (15) | (15) | 9 | 9 | 0 | 0 |
|  |  |  |  |  | $(67) | (67) | $63 | 63 | $(4) | (4) | 2 | $(1) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Liability |
| CDX.IG-39 5-Year Index  | 12/20/2027 | 12/20/2027 | 32500 | 32500 | 9 | 9 | 263 | 263 | 272 | 272 | 1 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(58)** | **(58)** | **326** | **326** | **268** | **268** | **3** | **(1)** |
| **(e)** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $4,389 and cash of $15,466 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | $ | 582925 | $ | 0 | $ | $582925 |  |
| Industrials | Industrials | Industrials | Industrials | 0 | 0 |  | 96814 |  | 0 |  | 96814 |  |
| Utilities | Utilities | Utilities | Utilities | 0 | 0 |  | 61784 |  | 0 |  | 61784 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |  |
| Alabama | Alabama | Alabama | Alabama | 0 | 0 |  | 1438 |  | 0 |  | 1438 |  |
| California | California | California | California | 0 | 0 |  | 48398 |  | 0 |  | 48398 |  |
| Florida | Florida | Florida | Florida | 0 | 0 |  | 1133 |  | 0 |  | 1133 |  |
| Hawaii | Hawaii | Hawaii | Hawaii | 0 | 0 |  | 13492 |  | 0 |  | 13492 |  |
| Idaho | Idaho | Idaho | Idaho | 0 | 0 |  | 6341 |  | 0 |  | 6341 |  |
| Kansas | Kansas | Kansas | Kansas | 0 | 0 |  | 2211 |  | 0 |  | 2211 |  |
| Michigan | Michigan | Michigan | Michigan | 0 | 0 |  | 2316 |  | 0 |  | 2316 |  |
| New Jersey | New Jersey | New Jersey | New Jersey | 0 | 0 |  | 4073 |  | 0 |  | 4073 |  |
| New York | New York | New York | New York | 0 | 0 |  | 35003 |  | 0 |  | 35003 |  |
| Ohio | Ohio | Ohio | Ohio | 0 | 0 |  | 5855 |  | 0 |  | 5855 |  |
| South Dakota | South Dakota | South Dakota | South Dakota | 0 | 0 |  | 3854 |  | 0 |  | 3854 |  |
| Texas | Texas | Texas | Texas | 0 | 0 |  | 8873 |  | 0 |  | 8873 |  |
| Utah | Utah | Utah | Utah | 0 | 0 |  | 2448 |  | 0 |  | 2448 |  |
| West Virginia | West Virginia | West Virginia | West Virginia | 0 | 0 |  | 9268 |  | 0 |  | 9268 |  |
| Wisconsin | Wisconsin | Wisconsin | Wisconsin | 0 | 0 |  | 4814 |  | 0 |  | 4814 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 |  | 1267800 |  | 0 |  | 1267800 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 |  | 542239 |  | 0 |  | 542239 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 |  | 252248 |  | 0 |  | 252248 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 |  | 316158 |  | 0 |  | 316158 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 |  | 6018 |  | 0 |  | 6018 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 |  | 1424636 |  | 0 |  | 1424636 |  |

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<br> Schedule of Investments PIMCO Moderate Duration Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Short-Term Notes | 0 | 160201 | 0 | 160201 |
| Total Investments | $0 | $4860340 | $0 | $4860340 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | $0 | $4 | $0 | $4 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | $0 | $(210) | $0 | $(210) |
| Total Financial Derivative Instruments | $0 | $(206) | $0 | $(206) |
| Totals | $0 | $4860134 | $0 | $4860134 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 333.7% ¤** |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |
| **Ambac Assurance Corp.** <br>5.100% due 12/31/2099 (e) | $38 | $53 |
| **INDUSTRIALS 0.1%**  |  |  |
| **CVS Pass-Through Trust** <br>6.036% due 12/10/2028 | 815 | 802 |
| Total Corporate Bonds & Notes (Cost $864) |  | 855 |
| **MUNICIPAL BONDS & NOTES 0.3%**  |  |  |
| **TEXAS 0.3%**  |  |  |
| **Ennis Economic Development Corp., Texas Revenue Bonds, (NPFGC Insured), Series 1999** <br>0.000% due 08/01/2034 (d) | 7990 | 3783 |
| Total Municipal Bonds & Notes (Cost $5,440) |  | 3783 |
| **U.S. GOVERNMENT AGENCIES 293.5%**  |  |  |
| **Fannie Mae**  |  |  |
| 0.009% due 10/25/2042 ~ | 337 | 207 |
| 0.012% due 07/25/2044 ~(a) | 569 | 18 |
| 0.023% due 10/25/2046 ~(a) | 285 | 11 |
| 0.060% due 08/25/2044 ~(a) | 420 | 16 |
| 0.078% due 04/25/2046 ~(a) | 509 | 27 |
| 0.091% due 03/25/2045 ~(a) | 1048 | 45 |
| 0.101% due 08/25/2055 ~(a) | 525 | 16 |
| 0.118% due 01/25/2045 ~(a) | 526 | 25 |
| 0.126% due 07/25/2045 ~(a) | 2362 | 106 |
| 0.200% due 02/25/2043 ~(a) | 2094 | 15 |
| 0.310% due 04/25/2055 ~(a) | 879 | 32 |
| 0.340% due 07/25/2044 ~(a) | 778 | 35 |
| 0.396% due 08/25/2054 ~(a) | 1024 | 40 |
| 0.453% due 07/25/2052 ~(a) | 539 | 19 |
| 0.542% due 10/25/2045 •  | 891 | 514 |
| 1.611% due 11/25/2049 •(a) | 2375 | 321 |
| 1.761% due 07/25/2042 •(a) | 3671 | 490 |
| 1.761% due 08/25/2042 ~(a) | 3444 | 202 |
| 1.886% due 03/01/2035 •  | 43 | 41 |
| 2.022% due 01/01/2035 •  | 23 | 22 |
| 2.175% due 02/01/2035 •  | 14 | 14 |
| 2.180% due 03/01/2035 •  | 3 | 3 |
| 2.202% due 02/01/2027 •  | 4 | 4 |
| 2.241% due 01/25/2031 ~(a) | 6681 | 640 |
| 2.287% due 02/01/2036 •  | 14 | 14 |
| 2.301% due 02/01/2034 •  | 19 | 19 |
| 2.355% due 10/01/2023 •  | 1 | 1 |
| 2.475% due 01/01/2030 •  | 36 | 35 |
| 2.485% due 05/01/2035 •  | 14 | 14 |
| 2.496% due 03/01/2024 •  | 1 | 1 |
| 2.545% due 06/01/2023 •  | 1 | 1 |
| 2.597% due 10/01/2031 •  | 15 | 14 |
| 2.625% due 12/01/2023 •  | 1 | 1 |
| 2.640% due 06/25/2042 ~ | 379 | 298 |
| 2.655% due 05/01/2027 •  | 2 | 2 |
| 2.709% due 03/01/2035 •  | 15 | 15 |
| 2.716% due 05/01/2030 •  | 12 | 12 |
| 2.750% due 04/01/2033 •  | 61 | 60 |
| 2.889% due 08/01/2042 - 10/01/2044 •  | 751 | 716 |
| 2.906% due 06/01/2035 •  | 22 | 22 |
| 2.943% due 07/01/2027 •  | 1 | 1 |
| 3.000% due 11/01/2042 - 05/01/2058 | 11864 | 10492 |
| 3.000% due 11/25/2043 - 12/25/2048 (a) | 9346 | 1292 |
| 3.020% due 09/26/2033 •  | 7 | 7 |
| 3.031% due 12/01/2027 •  | 6 | 6 |
| 3.089% due 10/01/2030 - 09/01/2040 •  | 142 | 139 |
| 3.143% due 06/01/2030 •  | 31 | 30 |
| 3.257% due 05/25/2035 ~ | 55 | 55 |
| 3.259% due 12/01/2031 •  | 2 | 2 |
| 3.285% due 05/01/2036 •  | 2 | 2 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.300% due 11/01/2035 •  | 241 | 240 |
| 3.324% due 01/01/2049 •  | 1950 | 1917 |
| 3.345% due 06/01/2035 •  | 66 | 66 |
| 3.389% due 11/01/2035 •  | 60 | 58 |
| 3.395% due 09/01/2030 - 04/01/2032 •  | 5 | 5 |
| 3.425% due 11/01/2048 •  | 967 | 961 |
| 3.500% due 08/01/2026 •  | 1 | 1 |
| 3.500% due 04/25/2046 (a) | 274 | 21 |
| 3.500% due 06/01/2056 - 01/01/2059 (g) | 19758 | 18120 |
| 3.500% due 01/01/2057 | 7546 | 6932 |
| 3.509% due 11/01/2028 •  | 18 | 17 |
| 3.522% due 11/01/2035 •  | 4 | 4 |
| 3.564% due 08/01/2029 •  | 1 | 1 |
| 3.575% due 02/01/2026 (g) | 9000 | 8689 |
| 3.600% due 01/01/2026 •  | 25 | 25 |
| 3.635% due 05/01/2036 •  | 86 | 84 |
| 3.644% due 12/25/2036 ~ | 812 | 798 |
| 3.645% due 06/01/2029 •  | 9 | 9 |
| 3.652% due 12/01/2048 •  | 1885 | 1883 |
| 3.720% due 02/01/2024 •  | 13 | 12 |
| 3.780% due 02/01/2031 •  | 8 | 8 |
| 3.789% due 08/01/2035 •  | 30 | 30 |
| 3.805% due 07/01/2035 •  | 6 | 6 |
| 3.806% due 06/01/2032 •  | 16 | 16 |
| 3.807% due 05/01/2036 •  | 2 | 2 |
| 3.817% due 07/01/2035 •  | 28 | 27 |
| 3.819% due 11/01/2025 •  | 9 | 9 |
| 3.820% due 05/01/2035 •  | 32 | 32 |
| 3.821% due 07/25/2037 •  | 276 | 270 |
| 3.868% due 12/01/2035 •  | 22 | 21 |
| 3.875% due 06/01/2026 •  | 2 | 2 |
| 3.906% due 09/01/2035 •  | 73 | 72 |
| 3.915% due 07/01/2034 •  | 76 | 75 |
| 3.941% due 09/01/2035 •  | 78 | 79 |
| 3.945% due 02/01/2025 •  | 6 | 6 |
| 3.955% due 11/01/2031 •  | 9 | 9 |
| 3.956% due 09/01/2035 •  | 3 | 3 |
| 3.972% due 11/01/2028 •  | 14 | 14 |
| 4.000% due 09/01/2043 - 10/01/2043 | 249 | 238 |
| 4.000% due 06/25/2044 (a) | 88 | 10 |
| 4.030% due 11/01/2035 •  | 4 | 4 |
| 4.038% due 08/01/2029 •  | 8 | 8 |
| 4.060% due 09/01/2034 •  | 49 | 50 |
| 4.107% due 09/01/2031 •  | 5 | 5 |
| 4.135% due 05/01/2036 •  | 24 | 24 |
| 4.145% due 05/01/2036 •  | 2 | 2 |
| 4.152% due 07/01/2032 •  | 14 | 13 |
| 4.168% due 08/01/2028 •  | 16 | 16 |
| 4.200% due 11/01/2026 •  | 28 | 28 |
| 4.277% due 09/01/2030 •  | 3 | 3 |
| 4.350% due 05/01/2026 •  | 1 | 1 |
| 4.376% due 02/25/2033 ~ | 9 | 9 |
| 4.408% due 02/01/2026 •  | 4 | 4 |
| 4.481% due 01/01/2028 •  | 1 | 1 |
| 4.500% due 02/01/2038 - 05/01/2041 | 59 | 57 |
| 4.500% due 04/01/2059 (g) | 11338 | 11061 |
| 4.514% due 02/01/2028 •  | 13 | 12 |
| 4.519% due 06/25/2032 •  | 1 | 1 |
| 4.609% due 07/25/2032 ~ | 73 | 72 |
| 4.739% due 04/18/2028 - 12/18/2032 ~ | 19 | 19 |
| 4.789% due 06/25/2029 - 04/25/2032 •  | 33 | 33 |
| 4.789% due 10/18/2030 ~ | 9 | 9 |
| 4.828% due 02/01/2030 •  | 32 | 32 |
| 4.838% due 09/01/2034 •  | 2 | 2 |
| 4.839% due 09/18/2027 - 06/25/2046 •  | 922 | 896 |
| 4.889% due 06/25/2030 ~ | 32 | 31 |
| 4.889% due 11/25/2059 •  | 12393 | 12047 |
| 5.000% due 04/25/2023 - 11/01/2039 | 202 | 200 |
| 5.089% due 10/25/2037 •  | 1843 | 1829 |
| 5.094% due 01/01/2029 •  | 4 | 4 |
| 5.095% due 02/01/2031 •  | 25 | 25 |
| 5.289% due 04/25/2032 •  | 7 | 7 |
| 5.289% due 04/25/2032 ~ | 4 | 4 |
| 5.500% due 12/01/2035 - 11/01/2039 | 1241 | 1231 |
| 5.536% due 02/01/2031 •  | 15 | 15 |
| 5.727% due 12/01/2030 •  | 29 | 29 |
| 6.000% due 04/25/2031 - 02/01/2037 | 253 | 259 |
| 6.089% due 10/25/2031 þ | 1 | 1 |
| 6.300% due 06/25/2031 ~ | 52 | 51 |
| 6.300% due 10/17/2038 | 8 | 7 |
| 6.500% due 02/25/2024 - 10/25/2031 | 416 | 425 |
| 6.500% due 04/25/2038 (a) | 133 | 40 |
| 6.850% due 12/18/2027 | 65 | 66 |
| 7.000% due 09/25/2023 - 09/01/2032 | 50 | 50 |
| 7.500% due 03/25/2023 - 07/25/2041 | 160 | 162 |
| 7.721% due 06/25/2026 ~ | 1 | 1 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Farmer** **Mac**<br>8.850% due 04/25/2030 «~ | 40 | 39 |
| **Freddie Mac**  |  |  |
| 0.000% due 08/15/2056 - 10/15/2058 (b)(d) | 39638 | 27989 |
| 0.029% due 10/15/2041 ~(a) | 275 | 11 |
| 0.073% due 11/15/2038 ~(a) | 507 | 20 |
| 0.121% due 08/15/2041 ~(a) | 158 | 6 |
| 0.180% due 06/15/2038 ~(a) | 385 | 20 |
| 0.188% due 10/15/2037 ~(a) | 70 | 2 |
| 0.197% due 02/15/2038 ~(a) | 343 | 13 |
| 0.200% due 11/15/2036 ~(a) | 505 | 29 |
| 0.416% due 05/15/2041 •  | 4005 | 3359 |
| 0.439% due 08/15/2036 ~(a) | 222 | 6 |
| 0.487% due 10/15/2037 ~(a) | 176 | 6 |
| 0.573% due 05/15/2037 ~(a) | 118 | 5 |
| 0.575% due 03/15/2037 ~(a) | 182 | 9 |
| 0.929% due 01/15/2035 ~ | 4191 | 3265 |
| 1.280% due 05/15/2035 •  | 3316 | 2909 |
| 2.099% due 07/01/2030 •  | 59 | 57 |
| 2.125% due 03/01/2033 •  | 22 | 22 |
| 2.292% due 03/01/2033 •  | 41 | 41 |
| 2.500% due 12/15/2027 (a) | 1569 | 69 |
| 2.518% due 02/01/2027 •  | 23 | 23 |
| 2.531% due 12/15/2043 •  | 1531 | 1372 |
| 2.543% due 08/01/2027 •  | 2 | 2 |
| 2.575% due 09/01/2027 •  | 5 | 5 |
| 2.624% due 03/01/2032 •  | 4 | 4 |
| 2.625% due 03/01/2027 - 11/01/2027 •  | 2 | 2 |
| 2.734% due 03/01/2029 •  | 5 | 5 |
| 2.998% due 07/01/2024 •  | 2 | 2 |
| 3.000% due 08/15/2032 - 08/01/2046 | 5847 | 5331 |
| 3.000% due 02/15/2033 - 09/15/2048 (a) | 3516 | 333 |
| 3.106% due 08/15/2040 ~ | 3536 | 3438 |
| 3.125% due 10/01/2023 •  | 8 | 8 |
| 3.175% due 07/01/2028 •  | 60 | 59 |
| 3.258% due 10/15/2040 ~ | 3509 | 3417 |
| 3.332% due 10/01/2036 •  | 36 | 36 |
| 3.370% due 02/01/2031 •  | 1 | 1 |
| 3.459% due 12/15/2046 ~ | 586 | 582 |
| 3.500% due 08/15/2026 - 08/15/2045 (a) | 12152 | 1870 |
| 3.500% due 09/01/2032 | 1582 | 1536 |
| 3.513% due 11/01/2029 •  | 102 | 101 |
| 3.540% due 09/01/2024 •  | 1 | 1 |
| 3.543% due 06/01/2028 •  | 2 | 2 |
| 3.552% due 05/01/2032 •  | 60 | 59 |
| 3.571% due 02/01/2029 •  | 2 | 2 |
| 3.592% due 11/01/2027 •  | 27 | 26 |
| 3.600% due 05/01/2032 •  | 91 | 89 |
| 3.604% due 10/15/2037 ~ | 815 | 802 |
| 3.687% due 01/01/2028 •  | 9 | 9 |
| 3.722% due 09/01/2028 •  | 3 | 2 |
| 3.729% due 08/01/2035 •  | 7 | 7 |
| 3.733% due 12/01/2035 •  | 251 | 253 |
| 3.875% due 10/01/2035 •  | 36 | 36 |
| 3.876% due 07/01/2030 •  | 2 | 2 |
| 3.922% due 07/01/2035 •  | 108 | 109 |
| 3.926% due 07/01/2027 •  | 3 | 3 |
| 3.936% due 08/15/2032 ~ | 11 | 11 |
| 4.000% due 06/01/2029 - 12/01/2048 | 9147 | 8772 |
| 4.000% due 01/15/2046 (a) | 4101 | 688 |
| 4.011% due 10/01/2027 - 11/01/2034 •  | 30 | 30 |
| 4.125% due 08/01/2029 •  | 1 | 1 |
| 4.136% due 07/25/2031 •  | 35 | 35 |
| 4.152% due 10/01/2027 •  | 2 | 2 |
| 4.163% due 04/01/2029 •  | 1 | 1 |
| 4.250% due 10/01/2024 •  | 3 | 3 |
| 4.265% due 05/01/2032 •  | 5 | 5 |
| 4.348% due 12/01/2032 •  | 6 | 6 |
| 4.365% due 10/01/2023 •  | 1 | 1 |
| 4.455% due 08/01/2030 •  | 1 | 1 |
| 4.460% due 12/01/2026 •  | 3 | 3 |
| 4.500% due 03/01/2029 - 06/01/2048 | 6478 | 6428 |
| 4.518% due 03/15/2031 •  | 12 | 12 |
| 4.568% due 07/15/2034 ~ | 2 | 2 |
| 4.615% due 02/01/2027 •  | 7 | 7 |
| 4.618% due 06/15/2048 - 12/15/2048 ~ | 3483 | 3376 |
| 4.639% due 05/25/2031 ~ | 82 | 81 |
| 4.650% due 12/01/2029 •  | 7 | 7 |
| 4.651% due 10/01/2024 •  | 2 | 2 |
| 4.668% due 12/15/2029 ~ | 27 | 27 |
| 4.669% due 09/25/2031 •  | 46 | 46 |
| 4.768% due 03/15/2024 - 12/15/2031 •  | 32 | 32 |
| 4.768% due 08/15/2029 ~ | 1 | 1 |
| 4.818% due 02/15/2028 •  | 5 | 5 |
| 4.868% due 03/15/2032 - 03/15/2044 ~ | 1093 | 1071 |
| 4.918% due 08/15/2035 ~ | 276 | 274 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| 4.939% due 01/25/2050 •  | 1717 | 1672 |
| 5.000% due 05/01/2023 - 07/01/2041 | 6191 | 6293 |
| 5.268% due 04/15/2031 •  | 250 | 251 |
| 5.318% due 06/15/2031 •  | 19 | 19 |
| 5.500% due 11/01/2030 - 06/01/2041 | 13961 | 14425 |
| 5.518% due 07/15/2027 •  | 102 | 103 |
| 6.000% due 09/15/2026 - 05/01/2040 | 2022 | 2095 |
| 6.250% due 12/15/2028 | 68 | 69 |
| 6.500% due 01/15/2024 - 10/25/2043 | 955 | 986 |
| 7.000% due 04/15/2023 - 12/01/2032 | 19 | 18 |
| 7.000% due 10/25/2023 (a) | 1 | 0 |
| 7.500% due 08/15/2029 (a) | 1 | 0 |
| 7.500% due 01/15/2030 | 36 | 38 |
| 7.645% due 05/01/2025 | 204 | 206 |
| 8.000% due 06/01/2030 - 09/01/2030 | 1 | 1 |
| 8.500% due 08/01/2024 - 08/01/2027 | 11 | 11 |
| **Ginnie Mae**  |  |  |
| 0.000% due 03/20/2035 (b)(d) | 195 | 176 |
| 0.011% due 06/20/2042 ~(a) | 653 | 13 |
| 0.059% due 06/20/2043 ~(a) | 641 | 17 |
| 0.088% due 12/20/2045 ~(a) | 546 | 14 |
| 0.152% due 06/20/2042 ~(a) | 707 | 19 |
| 0.196% due 11/20/2045 ~(a) | 764 | 14 |
| 0.447% due 09/20/2045 ~(a) | 944 | 15 |
| 0.463% due 08/20/2045 ~(a) | 308 | 5 |
| 0.542% due 09/20/2045 •  | 1736 | 1050 |
| 1.092% due 03/16/2051 ~(a) | 686 | 2 |
| 1.750% due 11/20/2028 - 12/20/2032 •  | 480 | 464 |
| 2.500% (H15T1Y + 1.500%) due 10/20/2025 ~ | 3 | 3 |
| 2.500% due 03/20/2027 - 10/15/2046 | 1644 | 1535 |
| 2.625% (H15T1Y + 1.500%) due 01/20/2023 - 09/20/2026 ~ | 140 | 137 |
| 2.625% due 01/20/2027 - 07/20/2035 •  | 2769 | 2695 |
| 2.875% (H15T1Y + 1.500%) due 04/20/2023 - 06/20/2026 ~ | 111 | 111 |
| 2.875% due 04/20/2027 - 04/20/2033 •  | 1514 | 1490 |
| 3.000% (H15T1Y + 1.500%) due 06/20/2024 - 09/20/2026 ~ | 21 | 20 |
| 3.000% due 07/20/2027 - 08/20/2030 •  | 359 | 352 |
| 3.000% due 12/15/2042 - 11/20/2067 | 21956 | 19961 |
| 3.000% due 06/20/2046 (a) | 221 | 28 |
| 3.125% due 01/20/2034 •  | 1154 | 1152 |
| 3.306% due 07/20/2070 ~ | 7878 | 7806 |
| 3.388% due 10/20/2070 ~ | 8677 | 8652 |
| 3.500% (H15T1Y + 1.500%) due 05/20/2025 ~ | 3 | 3 |
| 3.500% due 07/20/2030 - 09/20/2030 •  | 30 | 30 |
| 3.500% due 11/15/2041 - 02/15/2050 | 51655 | 48149 |
| 3.500% due 08/20/2042 - 09/20/2046 (a) | 6632 | 775 |
| 3.500% due 03/20/2047 - 02/20/2052 (g) | 37365 | 34530 |
| 4.000% due 09/15/2040 - 03/15/2052 | 23855 | 22946 |
| 4.387% due 08/20/2070 •  | 8091 | 8065 |
| 4.500% due 06/15/2035 - 01/20/2049 | 16285 | 16076 |
| 4.500% due 08/20/2048 (g) | 6059 | 5959 |
| 5.000% due 03/15/2033 - 12/20/2048 | 11551 | 11746 |
| 5.141% due 10/20/2058 •  | 216 | 216 |
| 5.183% due 01/20/2059 •  | 223 | 223 |
| 5.326% due 09/20/2071 •  | 23997 | 24604 |
| 5.500% due 09/15/2031 - 07/15/2041 | 5394 | 5587 |
| 6.000% due 09/15/2036 - 12/15/2040 | 901 | 934 |
| 6.500% due 10/15/2023 - 07/15/2039 | 1151 | 1188 |
| 7.000% due 09/15/2025 - 09/20/2028 | 7 | 7 |
| 7.500% due 06/15/2027 - 10/15/2031 | 23 | 24 |
| 8.000% due 06/15/2024 - 09/15/2031 | 30 | 32 |
| 8.500% due 06/15/2027 - 01/20/2031 | 181 | 184 |
| 9.000% due 06/15/2030 - 09/15/2030 | 19 | 20 |
| **Ginnie Mae, TBA**  |  |  |
| 2.000% due 02/01/2053 | 67500 | 56638 |
| 2.500% due 01/01/2053 - 02/01/2053 | 115150 | 99825 |
| 3.000% due 01/01/2053 - 02/01/2053 | 107350 | 95621 |
| 3.500% due 01/01/2053 | 28382 | 26081 |
| 4.000% due 01/01/2053 | 1650 | 1562 |
| 4.500% due 01/01/2053 | 24400 | 23674 |
| 5.000% due 01/01/2053 | 30300 | 30029 |
| **U.S. Small Business Administration**  |  |  |
| 5.370% due 04/01/2028 | 619 | 614 |
| 5.490% due 05/01/2028 | 656 | 649 |
| 5.870% due 05/01/2026 - 07/01/2028 | 458 | 453 |
| 6.220% due 12/01/2028 | 91 | 93 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 1.500% due 12/01/2050 - 06/01/2051 | 338 | 261 |
| 2.000% due 11/01/2026 - 03/01/2033 | 1872 | 1695 |
| 2.000% due 04/01/2036 (g) | 9929 | 8868 |
| 2.500% due 01/01/2032 - 04/01/2052 | 43970 | 37795 |
| 2.500% due 04/01/2051 - 01/01/2052 (g) | 16878 | 14357 |
| 3.000% due 10/01/2026 - 07/01/2052 | 214916 | 191261 |
| 3.000% due 02/01/2050 - 04/01/2051 (g) | 30783 | 27190 |
| 3.500% due 09/01/2025 - 01/01/2052 | 35854 | 33547 |
| 3.500% due 07/01/2043 - 03/01/2048 (g) | 56058 | 52363 |
| 4.000% due 12/01/2025 - 12/01/2048 | 65525 | 63514 |

---

------

<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.000% due 06/01/2049 (g) | 16862 | 16074 |
| 4.500% due 06/01/2024 - 01/01/2049 | 14220 | 14100 |
| 5.000% due 09/01/2025 - 03/01/2049 | 3999 | 4017 |
| 5.500% due 02/01/2023 - 02/01/2042 | 7961 | 8150 |
| 6.000% due 02/01/2023 - 05/01/2041 | 9587 | 9899 |
| 6.500% due 02/01/2026 - 05/01/2040 | 4157 | 4308 |
| 8.000% due 07/01/2030 - 05/01/2032 | 7 | 7 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 1.500% due 01/01/2053 | 14400 | 11091 |
| 2.000% due 01/01/2038 - 01/01/2053 | 66700 | 54448 |
| 2.500% due 01/01/2037 | 91890 | 84097 |
| 3.000% due 01/01/2038 | 35175 | 32948 |
| 3.000% due 02/01/2052 - 02/01/2053  | 948755 | 833455 |
| 3.500% due 01/01/2038 - 02/01/2049 | 101100 | 96380 |
| 4.000% due 01/01/2053  | 356981 | 334839 |
| 4.000% due 02/01/2053 - 03/01/2053 | 558990 | 524482 |
| 4.500% due 01/01/2038 - 02/01/2053 | 181300 | 174985 |
| 5.000% due 01/01/2038 - 02/01/2053 | 78000 | 76877 |
| 5.500% due 01/01/2053 - 02/01/2053 | 88800 | 89027 |
| 6.000% due 02/01/2053 | 97200 | 98581 |
| 6.500% due 01/01/2053 | 23200 | 23763 |
| **Vendee Mortgage Trust**  |  |  |
| 5.861% due 01/15/2030 ~ | 110 | 112 |
| 6.500% due 03/15/2029 | 167 | 164 |
| Total U.S. Government Agencies (Cost $3,806,364) |  | 3675178 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 16.0%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>3.361% due 09/25/2035 ^~ | 173 | 146 |
| **BAMLL Commercial Mortgage Securities Trust** <br>5.168% due 09/15/2034 •  | 1590 | 1561 |
| **Banc of America Funding Trust**  |  |  |
| 4.933% due 05/20/2035 ^•  | 237 | 200 |
| 5.753% due 10/25/2036 ^þ  | 479 | 416 |
| 6.337% due 01/25/2037 ^þ  | 471 | 409 |
| **Banc of America Mortgage Trust**  |  |  |
| 2.843% due 02/25/2036 ^~  | 87 | 78 |
| 3.440% due 06/20/2031 ~  | 49 | 48 |
| 3.679% due 07/25/2034 ~  | 1 | 1 |
| 5.750% due 07/20/2032 ~  | 1 | 1 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 2.780% due 11/25/2030 ~  | 1 | 1 |
| 3.200% due 01/25/2034 ~  | 2 | 2 |
| 3.250% due 02/25/2033 ~  | 1 | 1 |
| 3.500% due 08/25/2033 ~  | 97 | 91 |
| 4.045% due 08/25/2033 ~  | 69 | 65 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 3.115% due 05/25/2035 ~  | 137 | 127 |
| 3.586% due 11/25/2036 ^~  | 446 | 239 |
| 3.602% due 11/25/2036 ~  | 319 | 182 |
| 3.668% due 11/25/2036 ^~  | 175 | 81 |
| **Bear Stearns Structured Products, Inc. Trust** <br>5.219% due 12/26/2046 ^~ | 691 | 498 |
| **BellaVista Mortgage Trust** <br>4.839% due 05/20/2045 •  | 121 | 77 |
| **Chase Mortgage Finance Trust**  |  |  |
| 3.601% due 09/25/2036 ^~  | 20 | 16 |
| 6.000% due 07/25/2037  | 1505 | 737 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates**  |  |  |
| 3.916% due 01/25/2035 ~  | 233 | 206 |
| 4.569% due 05/25/2036 ~  | 76 | 65 |
| 4.639% due 08/25/2035 ~  | 98 | 88 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 2.500% due 05/25/2051 ~  | 16381 | 13228 |
| 3.885% due 08/25/2035 ^~  | 79 | 64 |
| 3.950% due 05/25/2035 •  | 1 | 1 |
| 6.080% due 09/25/2035 •  | 96 | 94 |
| **CitiMortgage Alternative Loan Trust** <br>6.000% due 06/25/2037 ^ | 416 | 356 |
| **Countrywide Alternative Loan Resecuritization Trust** <br>4.205% due 08/25/2037 ^~ | 82 | 43 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.553% due 07/20/2046 ^•  | 295 | 219 |
| 4.633% due 09/20/2046 ~  | 5748 | 3713 |
| 4.769% due 09/25/2046 ^~  | 2392 | 2056 |
| 4.789% due 05/25/2036 ~  | 31 | 26 |
| 4.809% due 05/25/2035 •  | 450 | 403 |
| 4.829% due 05/25/2035 ~  | 64 | 58 |
| 4.889% due 05/25/2035 ~  | 122 | 94 |
| 4.889% due 09/25/2046 ^~  | 3712 | 2684 |
| 4.889% due 10/25/2046 ^•  | 370 | 269 |
| 4.909% due 07/25/2046 ^~  | 1613 | 1051 |
| 4.949% due 12/25/2035 ~  | 159 | 139 |
| 4.993% due 12/20/2035 ~  | 459 | 401 |
| 5.069% due 10/25/2046 ^•  | 1647 | 1208 |

---

------

<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.250% due 11/25/2036 ^  | 629 | 469 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 2.125% due 07/19/2031 ~  | 4 | 3 |
| 3.402% due 06/19/2031 ~  | 3 | 3 |
| 3.632% due 09/25/2047 ^~  | 259 | 226 |
| 3.680% due 08/25/2034 ^~  | 19 | 19 |
| 3.726% due 11/25/2037 ~  | 332 | 299 |
| 3.914% due 02/20/2036 ^~  | 68 | 52 |
| 4.203% due 09/25/2034 ^~  | 127 | 109 |
| 4.849% due 05/25/2035 ~  | 472 | 381 |
| 4.929% due 02/25/2035 ~  | 64 | 57 |
| 4.969% due 04/25/2035 •  | 270 | 233 |
| 5.029% due 03/25/2035 •  | 33 | 27 |
| 5.049% due 02/25/2035 ~  | 290 | 258 |
| 5.069% due 02/25/2035 ~  | 7 | 6 |
| 5.069% due 03/25/2036 ~  | 117 | 62 |
| 5.089% due 02/25/2036 ^•  | 32 | 11 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>3.187% due 06/25/2033 ~ | 4 | 4 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust** <br>5.579% due 04/25/2037 ^~ | 1821 | 523 |
| **Credit Suisse Mortgage Capital Trust**  |  |  |
| 2.500% due 07/25/2056 ~  | 1199 | 968 |
| 2.691% due 03/25/2060 ~  | 4205 | 4026 |
| 4.860% due 05/27/2053 ~  | 4518 | 3741 |
| **Deutsche ALT-B Securities, Inc. Mortgage Loan Trust** <br>4.489% due 10/25/2036 ^•  | 7 | 6 |
| **Fannie Mae** <br>1.500% due 02/25/2036 (a) | 48158 | 2972 |
| **First Nationwide Mortgage-Backed Pass-Through Trust** <br>6.750% due 08/21/2031 | 5 | 4 |
| **GreenPoint Mortgage Funding Trust**  |  |  |
| 4.789% due 12/25/2046 ^~  | 1333 | 1194 |
| 4.929% due 04/25/2036 ^~  | 458 | 416 |
| **GreenPoint Mortgage Funding Trust Pass-Through Certificates** <br>3.726% due 10/25/2033 ~ | 8 | 8 |
| **GS Mortgage Securities Corp. Trust** <br>5.468% due 07/15/2031 •  | 2000 | 1910 |
| **GS Mortgage-Backed Securities Corp. Trust** <br>2.500% due 06/25/2052 ~ | 37572 | 30340 |
| **GS Mortgage-Backed Securities Trust**  |  |  |
| 2.500% due 12/25/2051 ~  | 1767 | 1427 |
| 2.500% due 02/25/2052 ~  | 3590 | 2899 |
| 3.000% due 09/25/2052 ~  | 16543 | 13826 |
| **GSR Mortgage Loan Trust**  |  |  |
| 3.028% due 06/25/2034 ~  | 10 | 9 |
| 3.161% due 04/25/2036 ~  | 131 | 91 |
| 4.909% due 08/25/2046 •  | 2056 | 572 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 3.205% due 11/19/2034 ~  | 30 | 25 |
| 3.321% due 08/19/2036 ^~  | 46 | 41 |
| 3.979% due 08/19/2034 ~  | 641 | 588 |
| 4.599% due 03/19/2037 •  | 221 | 195 |
| 4.779% due 05/19/2046 ^~  | 511 | 150 |
| **HomeBanc Mortgage Trust**  |  |  |
| 4.749% due 12/25/2036 ~  | 17 | 16 |
| 5.249% due 08/25/2029 •  | 111 | 105 |
| **Impac Secured Assets Trust** <br>4.689% due 11/25/2036 •  | 102 | 101 |
| **IndyMac Adjustable Rate Mortgage Trust** <br>3.544% due 01/25/2032 ~ | 2 | 2 |
| **IndyMac INDB Mortgage Loan Trust** <br>4.989% due 11/25/2035 ^~ | 91 | 54 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 2.895% due 01/25/2036 ^~  | 218 | 197 |
| 3.212% due 01/25/2036 ^~  | 1 | 1 |
| 3.229% due 08/25/2035 ^~  | 462 | 370 |
| 3.521% due 08/25/2036 ~  | 7727 | 6668 |
| 3.837% due 12/25/2034 ~  | 3 | 3 |
| 4.689% due 06/25/2037 ^•  | 309 | 124 |
| 4.809% due 05/25/2046 ~  | 553 | 482 |
| 4.869% due 04/25/2035 •  | 47 | 39 |
| 4.869% due 07/25/2035 •  | 412 | 380 |
| 5.029% due 02/25/2035 ~  | 81 | 69 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.000% due 01/25/2052 ~  | 7029 | 5891 |
| 3.000% due 04/25/2052 ~  | 6434 | 5393 |
| 3.000% due 05/25/2052 ~  | 21735 | 18218 |
| 4.233% due 10/25/2035 ~  | 486 | 420 |
| 4.944% due 12/25/2049 •  | 2222 | 2061 |
| 4.994% due 08/25/2049 •  | 1074 | 1066 |
| **Lehman XS Trust** <br>5.029% due 11/25/2046 ^~ | 1568 | 1155 |
| **Luminent Mortgage Trust** <br>4.749% due 12/25/2036 ^~ | 366 | 329 |

---

------

<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MASTR** **Adjustable Rate Mortgages Trust**  |  |  |
| 4.644% due 05/25/2047 ^~  | 23 | 23 |
| 4.724% due 05/25/2047 ^~  | 3350 | 2712 |
| 4.869% due 05/25/2037 ~  | 360 | 159 |
| **MASTR Reperforming Loan Trust** <br>7.000% due 08/25/2034 | 70 | 53 |
| **MASTR Seasoned Securitization Trust** <br>3.970% due 10/25/2032 ~ | 94 | 85 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Certificates**  |  |  |
| 5.018% due 11/15/2031 •  | 118 | 112 |
| 5.198% due 11/15/2031 •  | 15 | 13 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Trust**  |  |  |
| 4.758% due 12/15/2030 •  | 132 | 124 |
| 4.798% due 06/15/2030 •  | 102 | 98 |
| **Merrill Lynch Alternative Note Asset Trust** <br>4.989% due 03/25/2037 •  | 896 | 261 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 2.848% due 04/25/2035 ~  | 4 | 4 |
| 4.863% due 10/25/2028 •  | 8 | 8 |
| 5.279% due 01/25/2029 ~  | 957 | 885 |
| **Morgan Stanley Capital Trust** <br>5.218% due 07/15/2035 •  | 2500 | 2452 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 3.572% due 07/25/2035 ^~  | 391 | 325 |
| 4.899% due 02/25/2047 •  | 844 | 380 |
| **Mortgage Equity Conversion Asset Trust**  |  |  |
| 5.130% due 01/25/2042 •  | 14068 | 13857 |
| 5.130% due 02/25/2042 ~  | 2082 | 1936 |
| 5.140% due 05/25/2042 ~  | 6644 | 5799 |
| **New Residential Mortgage Loan Trust** <br>2.750% due 07/25/2059 ~ | 7100 | 6630 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>7.000% due 02/19/2030 ~ | 116 | 111 |
| **OBX Trust** <br>3.000% due 01/25/2052 ~ | 3019 | 2530 |
| **Prime Mortgage Trust** <br>4.789% due 02/25/2034 •  | 10 | 10 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 3.732% due 08/25/2035 ^~  | 425 | 164 |
| 4.929% due 05/25/2046 ^•  | 363 | 283 |
| **Residential Funding Mortgage Securities, Inc. Trust** <br>3.910% due 09/25/2035 ^~ | 635 | 397 |
| **Sequoia Mortgage Trust**  |  |  |
| 2.976% due 01/20/2047 ^~  | 312 | 210 |
| 4.979% due 04/19/2027 •  | 9 | 9 |
| 5.039% due 10/19/2026 ~  | 6 | 6 |
| 5.113% due 10/20/2027 ~  | 92 | 88 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.530% due 11/25/2035 ^~  | 230 | 204 |
| 3.565% due 01/25/2035 ~  | 123 | 122 |
| 3.678% due 08/25/2035 ~  | 6 | 5 |
| 3.688% due 07/25/2035 ^~  | 20 | 17 |
| 4.297% due 07/25/2034 ~  | 14 | 13 |
| 5.124% due 06/25/2034 •  | 219 | 198 |
| 6.709% due 10/25/2037 ^~  | 832 | 732 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.649% due 03/25/2037 ~  | 72 | 24 |
| 4.769% due 06/25/2036 ~  | 62 | 59 |
| 4.809% due 05/25/2036 •  | 386 | 292 |
| 4.839% due 07/19/2035 •  | 103 | 91 |
| 4.839% due 07/19/2035 ~  | 618 | 561 |
| 4.849% due 05/25/2045 ~  | 537 | 470 |
| 4.989% due 08/25/2036 ^•  | 2092 | 1312 |
| 4.999% due 09/19/2032 ~  | 321 | 306 |
| 4.999% due 10/19/2034 ~  | 44 | 41 |
| 5.039% due 03/19/2034 •  | 225 | 207 |
| 6.750% due 05/02/2030 ~  | 49 | 1 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates** <br>5.041% due 06/25/2033 ~ | 2 | 2 |
| **TBW Mortgage-Backed Trust**  |  |  |
| 6.130% due 01/25/2037 ^þ  | 912 | 291 |
| 6.470% due 09/25/2036 ^þ  | 9085 | 308 |
| 6.515% due 07/25/2037 þ  | 1520 | 603 |
| **Thornburg Mortgage Securities Trust** <br>2.589% due 06/25/2043 ~ | 140 | 130 |
| **Towd Point Mortgage Trust** <br>2.900% due 10/25/2059 ~ | 8042 | 7506 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.585% due 03/25/2034 ~  | 3 | 3 |
| 2.766% due 04/25/2037 ^~  | 531 | 462 |
| 2.888% due 11/25/2046 ~  | 131 | 112 |
| 3.048% due 02/25/2046 ~  | 480 | 423 |
| 3.248% due 11/25/2042 ~  | 20 | 18 |
| 3.298% due 01/25/2047 •  | 550 | 491 |
| 3.448% due 06/25/2042 ~  | 80 | 72 |
| 3.448% due 08/25/2042 •  | 196 | 181 |

---

------

<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.510% due 12/25/2036 ^~  | 501 | 435 |
| 3.889% due 12/25/2035 ~  | 109 | 101 |
| 4.124% due 09/25/2033 ~  | 54 | 50 |
| 4.159% due 08/25/2033 ~  | 131 | 124 |
| 4.909% due 11/25/2045 ~  | 454 | 407 |
| 4.969% due 10/25/2045 ~  | 34 | 31 |
| 5.029% due 01/25/2045 ~  | 102 | 95 |
| 5.029% due 07/25/2045 ~  | 17 | 16 |
| 5.049% due 01/25/2045 •  | 318 | 305 |
| 5.389% due 07/25/2044 •  | 49 | 45 |
| 5.439% due 12/25/2045 •  | 745 | 626 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.912% due 11/25/2030 ~  | 38 | 37 |
| 6.768% due 07/25/2036 þ  | 2237 | 570 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>3.671% due 07/25/2034 ~ | 7 | 7 |
| Total Non-Agency Mortgage-Backed Securities (Cost $232,440) |  | 200567 |
| **ASSET-BACKED SECURITIES 21.4%**  |  |  |
| **ABFS Mortgage Loan Trust** <br>6.785% due 07/15/2033 þ | 580 | 406 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.509% due 10/25/2036 ~  | 134 | 53 |
| 5.049% due 11/25/2035 ~  | 353 | 353 |
| 5.439% due 07/25/2034 •  | 188 | 179 |
| **AFC Home Equity Loan Trust** <br>5.199% due 06/25/2029 •  | 138 | 86 |
| **Allegro CLO Ltd.** <br>5.244% due 10/16/2031 •  | 3300 | 3238 |
| **American Money Management Corp. CLO Ltd.** <br>4.949% due 04/17/2029 ~ | 2686 | 2673 |
| **Amortizing Residential Collateral Trust** <br>5.089% due 10/25/2031 ~ | 90 | 86 |
| **AMRESCO Residential Securities Corp. Mortgage Loan Trust**  |  |  |
| 5.019% due 09/25/2028 •  | 5 | 5 |
| 5.329% due 06/25/2029 ~  | 178 | 167 |
| **Anchorage Capital CLO Ltd.**  |  |  |
| 5.129% due 07/15/2030 ~  | 4100 | 4044 |
| 5.465% due 07/22/2032 ~  | 3800 | 3718 |
| **Apidos CLO** <br>5.009% due 07/17/2030 ~ | 9000 | 8904 |
| **Ares CLO Ltd.** <br>5.375% due 04/22/2031 •  | 3800 | 3736 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.124% due 10/25/2035 •  | 3246 | 3152 |
| **Asset-Backed Funding Certificates Trust**  |  |  |
| 5.089% due 06/25/2034 •  | 122 | 114 |
| 5.409% due 03/25/2032 ~  | 179 | 172 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.469% due 05/25/2037 ~  | 1 | 1 |
| 4.838% due 06/15/2031 ~  | 183 | 172 |
| **Bayview Financial Acquisition Trust** <br>4.914% due 05/28/2037 ~ | 770 | 682 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 3.601% due 06/25/2043 ~  | 9 | 8 |
| 4.991% due 02/25/2034 •  | 362 | 342 |
| 5.189% due 09/25/2046 ~  | 559 | 522 |
| 5.589% due 10/25/2032 •  | 39 | 38 |
| 5.889% due 11/25/2042 •  | 193 | 189 |
| **Carlyle Global Market Strategies CLO Ltd.** <br>5.049% due 04/17/2031 •  | 798 | 787 |
| **Carlyle U.S. CLO Ltd.** <br>5.243% due 04/20/2031 •  | 4100 | 4035 |
| **Carrington Mortgage Loan Trust** <br>5.493% due 07/20/2030 •  | 4186 | 4145 |
| **CDC Mortgage Capital Trust** <br>5.439% due 01/25/2033 •  | 22 | 23 |
| **Centex Home Equity Loan Trust**  |  |  |
| 4.689% due 01/25/2032 ~  | 59 | 57 |
| 5.239% due 01/25/2032 ~  | 161 | 162 |
| **Chase Funding Trust**  |  |  |
| 4.989% due 07/25/2033 •  | 21 | 20 |
| 5.029% due 08/25/2032 ~  | 382 | 359 |
| 5.049% due 11/25/2032 ~  | 104 | 102 |
| **CIFC Funding Ltd.** <br>5.275% due 10/24/2030 ~ | 6900 | 6831 |
| **CIT Group Home Equity Loan Trust** <br>5.364% due 12/25/2031 ~ | 118 | 116 |
| **CIT Mortgage Loan Trust** <br>5.739% due 10/25/2037 •  | 757 | 754 |
| **Citigroup Global Markets Mortgage Securities, Inc.** <br>5.739% due 01/25/2032 •  | 147 | 149 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.449% due 07/25/2045 •  | 147 | 105 |
| 4.794% due 08/25/2036 •  | 56 | 56 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Countrywide** **Asset-Backed Certificates** <br>5.389% due 09/25/2032 •  | 994 | 959 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.529% due 07/25/2037 ~  | 901 | 813 |
| 4.589% due 09/25/2037 ~  | 469 | 406 |
| 5.289% due 10/25/2047 •  | 832 | 777 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>3.988% due 08/25/2032 ~ | 107 | 101 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>2.909% due 01/25/2037 ^•  | 261 | 84 |
| **Delta Funding Home Equity Loan Trust** <br>5.138% due 09/15/2029 ~ | 8 | 8 |
| **Dryden CLO Ltd.** <br>5.164% due 04/18/2031 •  | 3700 | 3623 |
| **Dryden Senior Loan Fund** <br>5.049% due 04/15/2031 ~ | 5400 | 5313 |
| **Ellington Loan Acquisition Trust**  |  |  |
| 5.439% due 05/25/2037 •  | 980 | 930 |
| 5.489% due 05/25/2037 •  | 461 | 443 |
| **EMC Mortgage Loan Trust** <br>5.129% due 05/25/2040 •  | 152 | 143 |
| **Encore Credit Receivables Trust** <br>5.079% due 07/25/2035 •  | 2898 | 2816 |
| **EquiFirst Mortgage Loan Trust** <br>4.869% due 01/25/2034 •  | 71 | 68 |
| **FIRSTPLUS Home Loan Owner Trust** <br>7.670% due 05/10/2024 þ | 354 | 1 |
| **Fremont Home Loan Trust** <br>4.869% due 08/25/2036 ~ | 6216 | 2155 |
| **Galaxy CLO Ltd.** <br>5.049% due 10/15/2030 •  | 7900 | 7726 |
| **Gallatin CLO Ltd.**  |  |  |
| 5.169% due 07/15/2031 ~  | 4100 | 4029 |
| 5.328% due 01/21/2028 •  | 4366 | 4331 |
| **GE-WMC Mortgage Securities Trust** <br>4.469% due 08/25/2036 •  | 35 | 16 |
| **GMACM Home Equity Loan Trust** <br>3.071% due 01/25/2029 ~ | 16 | 12 |
| **GSAMP Trust**  |  |  |
| 3.354% due 10/25/2036 ^~  | 7502 | 78 |
| 4.529% due 12/25/2036 ~  | 956 | 518 |
| 5.189% due 02/25/2033 ~  | 78 | 76 |
| **Halseypoint CLO Ltd.** <br>5.865% due 11/30/2032 ~ | 4450 | 4394 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>4.609% due 04/25/2037 •  | 664 | 515 |
| **IMC Home Equity Loan Trust**  |  |  |
| 7.520% due 08/20/2028  | 4 | 4 |
| **JP Morgan Mortgage Acquisition Trust**  |  |  |
| 4.549% due 08/25/2036 •  | 36 | 16 |
| 4.649% due 03/25/2037 •  | 126 | 122 |
| **KKR CLO Ltd.** <br>5.134% due 07/18/2030 ~ | 3018 | 2990 |
| **LCM LP**  |  |  |
| 5.097% due 07/19/2027 ~  | 2180 | 2157 |
| 5.283% due 10/20/2027 •  | 412 | 410 |
| **LCM Ltd.** <br>5.323% due 04/20/2031 ~ | 5800 | 5668 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.949% due 10/25/2034 •  | 62 | 57 |
| 5.439% due 10/25/2034 ~  | 240 | 238 |
| 5.814% due 03/25/2032 •  | 201 | 198 |
| **Madison Park Funding Ltd.** <br>5.155% due 04/22/2027 ~ | 2091 | 2070 |
| **Marathon CLO Ltd.** <br>5.545% due 11/21/2027 •  | 37 | 37 |
| **MASTR Asset-Backed Securities Trust** <br>5.139% due 12/25/2034 ^•  | 469 | 447 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.509% due 10/25/2037 ^~  | 987 | 166 |
| 4.549% due 09/25/2037 •  | 128 | 28 |
| 5.109% due 06/25/2035 ~  | 186 | 183 |
| **MESA Trust** <br>4.816% due 12/25/2031 ~ | 37 | 37 |
| **MF1 Ltd.** <br>6.471% due 06/19/2037 •  | 3000 | 2958 |
| **MidOcean Credit CLO**  |  |  |
| 5.445% due 01/29/2030 •  | 3528 | 3487 |
| 5.725% due 02/20/2031 ~  | 5800 | 5702 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 5.109% due 04/25/2037 •  | 211 | 63 |
| 5.750% due 04/25/2037 ^~  | 502 | 255 |
| 6.000% due 02/25/2037 ^~  | 732 | 455 |
| **Mountain View CLO LLC**  |  |  |
| 5.119% due 01/16/2031 •  | 500 | 492 |
| 5.169% due 10/16/2029 •  | 5792 | 5730 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Mountain** **View CLO Ltd.**  |  |  |
| 4.761% due 10/13/2027 •  | 857 | 858 |
| 5.199% due 07/15/2031 •  | 3400 | 3335 |
| **Nassau Ltd.** <br>5.229% due 10/15/2029 •  | 6521 | 6438 |
| **Newark BSL CLO Ltd.** <br>5.328% due 07/25/2030 ~ | 6845 | 6769 |
| **NovaStar Mortgage Funding Trust** <br>4.519% due 03/25/2037 •  | 1616 | 1078 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.529% due 01/25/2037 •  | 520 | 310 |
| 5.169% due 02/25/2035 •  | 1985 | 1877 |
| **Option One Mortgage Loan Trust Asset-Backed Certificates** <br>5.079% due 11/25/2035 •  | 257 | 245 |
| **OZLM Ltd.** <br>5.493% due 07/20/2030 •  | 3578 | 3528 |
| **Palmer Square CLO Ltd.** <br>5.179% due 07/16/2031 •  | 2900 | 2864 |
| **Palmer Square Loan Funding Ltd.** <br>5.043% due 07/20/2029 ~ | 2657 | 2626 |
| **PRET LLC** <br>3.721% due 07/25/2051 þ | 7270 | 6820 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 3.894% due 08/25/2033 •  | 183 | 169 |
| 5.109% due 11/25/2034 ~  | 151 | 129 |
| 5.149% due 12/25/2032 •  | 17 | 16 |
| 5.589% due 08/25/2032 •  | 290 | 272 |
| **Residential Asset Mortgage Products Trust**  |  |  |
| 4.989% due 03/25/2036 •  | 71 | 69 |
| 5.334% due 09/25/2035 •  | 1829 | 1760 |
| **Residential Asset Securities Corp. Trust** <br>4.969% due 06/25/2033 •  | 50 | 45 |
| **Romark CLO Ltd.** <br>5.355% due 10/23/2030 ~ | 33700 | 33102 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>4.509% due 12/25/2036 ^•  | 2129 | 488 |
| **SLM Student Loan Trust**  |  |  |
| 5.858% due 04/25/2023 ~  | 8032 | 7959 |
| 5.969% due 12/15/2033 •  | 1666 | 1635 |
| **Sound Point CLO Ltd.** <br>5.225% due 01/23/2029 ~ | 4480 | 4425 |
| **Soundview Home Loan Trust** <br>4.509% due 11/25/2036 •  | 61 | 18 |
| **Stratus CLO Ltd.** <br>5.143% due 12/28/2029 •  | 3893 | 3849 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 5.319% due 06/25/2035 •  | 11234 | 10729 |
| 5.364% due 09/25/2034 ~  | 5 | 5 |
| 5.664% due 12/25/2034 •  | 976 | 935 |
| **Structured Asset Securities Corp. Trust** <br>5.079% due 09/25/2035 •  | 531 | 503 |
| **Symphony CLO Ltd.** <br>4.959% due 04/15/2028 •  | 944 | 938 |
| **TICP CLO Ltd.** <br>5.083% due 04/20/2028 •  | 2787 | 2779 |
| **Tralee CLO Ltd.** <br>5.563% due 07/20/2029 •  | 6278 | 6218 |
| **UCFC Manufactured Housing Contract** <br>7.900% due 01/15/2028 ^~ | 215 | 191 |
| **Venture CLO Ltd.**  |  |  |
| 4.959% due 04/15/2027 ~  | 6834 | 6824 |
| 4.959% due 07/15/2027 •  | 270 | 271 |
| 5.373% due 04/20/2032 ~  | 4000 | 3900 |
| 5.766% due 08/28/2029 •  | 14234 | 14088 |
| **Wellfleet CLO Ltd.**  |  |  |
| 5.133% due 04/20/2029 •  | 1400 | 1383 |
| 5.133% due 07/20/2029 •  | 1456 | 1437 |
| 5.153% due 04/20/2028 •  | 2685 | 2667 |
| Total Asset-Backed Securities (Cost $284,354) |  | 268598 |
| **SHORT-TERM INSTRUMENTS 2.4%**  |  |  |
| **REPURCHASE AGREEMENTS (f) 0.3%** |  | 3384 |
| **U.S. TREASURY BILLS 2.1%**  |  |  |
| 4.191% due 01/10/2023 - 03/23/2023 (c)(d)(j) | 26193 | 25989 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $29,377) |  | 29373 |
| Total Investments in Securities (Cost $4,358,839) |  | 4178354 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 0.0%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 33334 | 324 |
| Total Short-Term Instruments (Cost $324) |  | 324 |
| Total Investments in Affiliates (Cost $324) |  | 324 |
| Total Investments 333.7% (Cost $4,359,163) |  | $4178678 |
| **Financial Derivative Instruments (h)(i) 0.2**%(Cost or Premiums, net $14,916) |  | 3253 |
| Other Assets and Liabilities, net (233.90)% |  | (2929616) |
| Net Assets 100.0% |  | $1252315 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(f)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | 01/03/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 - 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 - 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 - 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 - 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 - 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 - 06/29/2023 | (3452) | (3452) | 3384 | 3384 | $3384 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  |  | **(3452)** | **(3452)** | **3384** | **3384** | $**3384** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOS | BOS | 4.470%  | 12/13/2022 | 12/13/2022 | 01/12/2023 | 01/12/2023 | 01/12/2023 | (103004) | (103004) | (103004) | (103273) | (103273) |
|  |  | 4.480  | 12/19/2022 | 12/19/2022 | 01/12/2023 | 01/12/2023 | 01/12/2023 | (4258) | (4258) | (4258) | (4266) | (4266) |
|  |  | 4.490  | 12/22/2022 | 12/22/2022 | 01/12/2023 | 01/12/2023 | 01/12/2023 | (12084) | (12084) | (12084) | (12102) | (12102) |
|  |  | 4.500  | 12/14/2022 | 12/14/2022 | 01/12/2023 | 01/12/2023 | 01/12/2023 | (7527) | (7527) | (7527) | (7546) | (7546) |
|  |  | 4.520  | 12/15/2022 | 12/15/2022 | 01/12/2023 | 01/12/2023 | 01/12/2023 | (26388) | (26388) | (26388) | (26451) | (26451) |
|  |  | 4.540  | 12/21/2022 | 12/21/2022 | 01/12/2023 | 01/12/2023 | 01/12/2023 | (11643) | (11643) | (11643) | (11662) | (11662) |
| DEU | DEU | 4.250  | 12/30/2022 | 12/30/2022 | 01/03/2023 | 01/03/2023 | 01/03/2023 | (2687) | (2687) | (2687) | (2688) | (2688) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  | **(167988)** | **(167988)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Coupon | Coupon | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% | U.S. Government Agencies (72.2)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fannie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fannie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fannie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fannie Mae, TBA  | 4.000% | 4.000% | 01/17/2038 | $ | 12700 | $ | (12447) | (12447) | $(12382) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 2.000 | 01/01/2053 |  | 93300 |  | (76300) | (76300) | (75939) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 2.000 | 02/01/2053 |  | 32000 |  | (26141) | (26141) | (26073) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 2.500 | 01/01/2053 |  | 24000 |  | (20360) | (20360) | (20328) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 2.500 | 02/01/2053 |  | 178370 |  | (152973) | (152973) | (151237) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000 | 3.000 | 01/01/2053 |  | 193000 |  | (170010) | (170010) | (169423) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 3.500 | 01/01/2053 |  | 40200 |  | (36628) | (36628) | (36526) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 3.500 | 02/01/2053 |  | 48300 |  | (44598) | (44598) | (43914) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.000 | 4.000 | 01/01/2053 |  | 392981 |  | (375609) | (375609) | (368606) |
| **Total Short Sales (72.2)%** | **Total Short Sales (72.2)%** | **Total Short Sales (72.2)%** | **Total Short Sales (72.2)%** |  |  |  |  |  | **$** | **(915066)** | **(915066)** | $**(904428)** |
| **(g)** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $172,195 and cash of $326 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(271813) at a weighted average interest rate of 2.283%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2023 | 346 | 82249 | $(403) | (403) | 0 | 0 | 0 | (22) |
| U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | 03/2023 | 489 | 54913 | (455) | (455) | 0 | 0 | 0 | (69) |
|  |  |  |  |  |  |  |  | (858) | $ | 0 | 0 | $ | (91) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2023 | 346 | (82335) | $523 | 523 | 39 | 39 | 39 | 0 |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 03/2023 | 51 | (6850) | (16) | (16) | 25 | 25 | 25 | 0 |
|  |  |  |  |  |  |  |  | 507 | $ | 64 | 64 | $ | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(351)** | **$** | **64** | **64** | **$** | **(91)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive | 1-Day USD-Federal Funds Rate Compounded-OIS | 0.200% | Annual | 04/29/2023 | 04/29/2023 | $50800 | $2 | 1529 | 1531 | 1531 | $28 | 28 | $0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2025 | 06/15/2025 | 177000 | (4700) | (6612) | (11312) | (11312) | 0 | 0 | (165) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2027 | 06/15/2027 | 40900 | 3826 | (176) | 3650 | 3650 | 62 | 62 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | 12/21/2027 | 12/21/2027 | 27400 | 1920 | 254 | 2174 | 2174 | 40 | 40 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.250 | Annual | 12/15/2028 | 12/15/2028 | 32419 | 124 | (4344) | (4220) | (4220) | 0 | 0 | (57) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.000 | Annual | 06/15/2029 | 06/15/2029 | 174100 | 14188 | 13845 | 28033 | 28033 | 335 | 335 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2029 | 06/15/2029 | 107800 | (5888) | (6423) | (12311) | (12311) | 0 | 0 | (203) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.205 | Annual | 11/09/2029 | 11/09/2029 | 11900 | 99 | 222 | 321 | 321 | 32 | 32 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.217 | Annual | 11/09/2029 | 11/09/2029 | 12300 | 102 | 220 | 322 | 322 | 33 | 33 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.218 | Annual | 11/09/2029 | 11/09/2029 | 11900 | 99 | 212 | 311 | 311 | 32 | 32 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | 12/21/2029 | 12/21/2029 | 11700 | 1026 | 146 | 1172 | 1172 | 23 | 23 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.225 | Annual | 12/20/2031 | 12/20/2031 | 8200 | 0 | (1470) | (1470) | (1470) | 0 | 0 | (29) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.180 | Annual | 12/21/2031 | 12/21/2031 | 14700 | 0 | (2685) | (2685) | (2685) | 0 | 0 | (51) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.758 | Annual | 03/16/2032 | 03/16/2032 | 14500 | 82 | 1994 | 2076 | 2076 | 51 | 51 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.760 | Annual | 05/09/2032 | 05/09/2032 | 8500 | (89) | (1160) | (1249) | (1249) | 0 | 0 | (30) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.767 | Annual | 05/09/2032 | 05/09/2032 | 8500 | (90) | (1154) | (1244) | (1244) | 0 | 0 | (30) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.788 | Annual | 05/09/2032 | 05/09/2032 | 9400 | (100) | (1259) | (1359) | (1359) | 0 | 0 | (33) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.875 | Annual | 05/09/2032 | 05/09/2032 | 8900 | (90) | (1130) | (1220) | (1220) | 0 | 0 | (31) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.198 | Annual | 06/08/2032 | 06/08/2032 | 7700 | (82) | (776) | (858) | (858) | 0 | 0 | (27) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.204 | Annual | 06/08/2032 | 06/08/2032 | 7700 | (82) | (772) | (854) | (854) | 0 | 0 | (27) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.314 | Annual | 06/08/2032 | 06/08/2032 | 24900 | 242 | 2288 | 2530 | 2530 | 87 | 87 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.373 | Annual | 06/08/2032 | 06/08/2032 | 11500 | 107 | 1004 | 1111 | 1111 | 40 | 40 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.385 | Annual | 06/08/2032 | 06/08/2032 | 4300 | 46 | 365 | 411 | 411 | 15 | 15 | 0 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.436 | Annual | Annual | 06/08/2032 | 5800 | 5800 | 56 | 56 |  | 473 | 473 |  | 529 | 529 |  | 20 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.451 | Annual | Annual | 06/08/2032 | 8000 | 8000 | 76 | 76 |  | 643 | 643 |  | 719 | 719 |  | 28 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.250 | Annual | Annual | 06/15/2032 | 16000 | 16000 | (1027) | (1027) |  | (2059) | (2059) |  | (3086) | (3086) |  | 0 |  | (42) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | Annual | 06/15/2032 | 81100 | 81100 | 2521 | 2521 |  | 4176 | 4176 |  | 6697 | 6697 |  | 218 |  | (47) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.553 | Annual | Annual | 06/15/2032 | 21500 | 21500 | 45 | 45 |  | 1713 | 1713 |  | 1758 | 1758 |  | 75 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.313 | Annual | Annual | 07/08/2032 | 140100 | 140100 | 543 | 543 |  | 13913 | 13913 |  | 14456 | 14456 |  | 486 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.680 | Annual | Annual | 07/11/2032 | 2600 | 2600 | (36) | (36) |  | (152) | (152) |  | (188) | (188) |  | 0 |  | (9) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.690 | Annual | Annual | 07/11/2032 | 2600 | 2600 | (36) | (36) |  | (150) | (150) |  | (186) | (186) |  | 0 |  | (9) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.840 | Annual | Annual | 07/15/2032 | 26700 | 26700 | 0 | 0 |  | 3833 | 3833 |  | 3833 | 3833 |  | 92 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.998 | Annual | Annual | 09/16/2032 | 11000 | 11000 | 99 | 99 |  | 423 | 423 |  | 522 | 522 |  | 38 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.275 | Annual | Annual | 10/06/2032 | 25900 | 25900 | 0 | 0 |  | 632 | 632 |  | 632 | 632 |  | 89 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.275 | Annual | Annual | 11/09/2032 | 37700 | 37700 | 0 | 0 |  | 926 | 926 |  | 926 | 926 |  | 129 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.368 | Annual | Annual | 11/28/2032 | 37500 | 37500 | 281 | 281 |  | 341 | 341 |  | 622 | 622 |  | 128 |  | 0 |
| Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.350 | Semi-Annual | Semi-Annual | 03/03/2025 | 188700 | 188700 | 184 | 184 |  | 12462 | 12462 |  | 12646 | 12646 |  | 277 |  | 0 |
| Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.400 | Semi-Annual | Semi-Annual | 04/05/2025 | 188700 | 188700 | 215 | 215 |  | 13774 | 13774 |  | 13989 | 13989 |  | 260 |  | 0 |
| Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.500 | Semi-Annual | Semi-Annual | 05/04/2025 | 188700 | 188700 | 223 | 223 |  | 13462 | 13462 |  | 13685 | 13685 |  | 255 |  | 0 |
| Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 0.500 | Semi-Annual | Semi-Annual | 06/16/2028 | 14840 | 14840 | (272) | (272) |  | (2279) | (2279) |  | (2551) | (2551) |  | 0 |  | (29) |
| Pay | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.500 | Semi-Annual | Semi-Annual | 12/15/2028 | 154500 | 154500 | 1026 | 1026 |  | (21325) | (21325) |  | (20299) | (20299) |  | 0 |  | (325) |
| Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 1.988 | Semi-Annual | Semi-Annual | 02/09/2032 | 3900 | 3900 | 24 | 24 |  | 527 | 527 |  | 551 | 551 |  | 8 |  | 0 |
| Receive | 3-Month USD-LIBOR | 3-Month USD-LIBOR | 2.008 | Semi-Annual | Semi-Annual | 02/09/2032 | 6500 | 6500 | 30 | 30 |  | 881 | 881 |  | 911 | 911 |  | 16 |  | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **14694** | **14694** | $**36332** | **36332** | **36332** | $**51026** | **51026** | **51026** | $**2897** | **2897** | $**(1144)** | **(1144)** |
| **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $31,901 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Description | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost | Cost | Market<br>Value | Market<br>Value |
| BOA | BOA | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 5.500% | 5.500% | 09/18/2023 | 09/18/2023 | 09/18/2023 | 61800 | 61800 | 61800 | $138 | 138 | 138 | 63 | 63 |
|  |  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.228 | 3.228 | 02/06/2023 | 02/06/2023 | 02/06/2023 | 10600 | 10600 | 10600 | 112 | 112 | 112 | 27 | 27 |
|  |  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.530 | 3.530 | 02/06/2023 | 02/06/2023 | 02/06/2023 | 17000 | 17000 | 17000 | 145 | 145 | 145 | 215 | 215 |
| BPS | BPS | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.513 | 3.513 | 03/06/2023 | 03/06/2023 | 03/06/2023 | 10600 | 10600 | 10600 | 80 | 80 | 80 | 170 | 170 |
|  |  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.800 | 2.800 | 12/20/2023 | 12/20/2023 | 12/20/2023 | 6900 | 6900 | 6900 | 140 | 140 | 140 | 113 | 113 |
|  |  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.550 | 3.550 | 12/20/2023 | 12/20/2023 | 12/20/2023 | 20500 | 20500 | 20500 | 415 | 415 | 415 | 542 | 542 |
| BRC | BRC | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 2.800 | 2.800 | 12/20/2023 | 12/20/2023 | 12/20/2023 | 6800 | 6800 | 6800 | 140 | 140 | 140 | 112 | 112 |
|  |  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.550 | 3.550 | 12/20/2023 | 12/20/2023 | 12/20/2023 | 20500 | 20500 | 20500 | 414 | 414 | 414 | 542 | 542 |
| CBK | CBK | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.380 | 3.380 | 04/06/2023 | 04/06/2023 | 04/06/2023 | 3100 | 3100 | 3100 | 66 | 66 | 66 | 91 | 91 |
|  |  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.285 | 3.285 | 04/14/2023 | 04/14/2023 | 04/14/2023 | 3000 | 3000 | 3000 | 71 | 71 | 71 | 112 | 112 |
| DUB | DUB | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.120 | 3.120 | 02/06/2023 | 02/06/2023 | 02/06/2023 | 1200 | 1200 | 1200 | 13 | 13 | 13 | 2 | 2 |
|  |  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.518 | 3.518 | 02/06/2023 | 02/06/2023 | 02/06/2023 | 56000 | 56000 | 56000 | 484 | 484 | 484 | 733 | 733 |
|  |  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.533 | 3.533 | 02/06/2023 | 02/06/2023 | 02/06/2023 | 15400 | 15400 | 15400 | 131 | 131 | 131 | 194 | 194 |
|  |  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.513 | 3.513 | 03/06/2023 | 03/06/2023 | 03/06/2023 | 11000 | 11000 | 11000 | 81 | 81 | 81 | 177 | 177 |
|  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.720 | 3.720 | 03/06/2023 | 03/06/2023 | 03/06/2023 | 23000 | 23000 | 23000 | 264 | 264 | 264 | 272 | 272 |
| GLM | GLM | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 5.500 | 5.500 | 09/18/2023 | 09/18/2023 | 09/18/2023 | 59600 | 59600 | 59600 | 131 | 131 | 131 | 61 | 61 |
|  |  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.123 | 3.123 | 02/06/2023 | 02/06/2023 | 02/06/2023 | 10300 | 10300 | 10300 | 116 | 116 | 116 | 17 | 17 |
| JPM | JPM | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | 3.635 | 3.635 | 03/06/2023 | 03/06/2023 | 03/06/2023 | 4800 | 4800 | 4800 | 38 | 38 | 38 | 59 | 59 |
| MYC | MYC | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | 3.203 | 3.203 | 02/06/2023 | 02/06/2023 | 02/06/2023 | 11500 | 11500 | 11500 | 123 | 123 | 123 | 27 | 27 |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.515 | 3.515 | 02/06/2023 | 13800 | 117 | 182 |
|  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.770 | 2.770 | 12/21/2023 | 41000 | 825 | 654 |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.520 | 3.520 | 12/21/2023 | 41000 | 825 | 1113 |
|  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.348 | 3.348 | 04/13/2023 | 3000 | 60 | 98 |
|  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.225 | 3.225 | 04/20/2023 | 2900 | 71 | 125 |
|  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.273 | 3.273 | 04/20/2023 | 2900 | 65 | 114 |
|  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.200 | 3.200 | 04/21/2023 | 3200 | 94 | 146 |
|  |  |  |  |  |  |  |  | $5159 | $5961 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**5159** | $**5961** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 5.750% | 5.750% | 09/18/2023 | 30900 | $(54) | $(22) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 6.000 | 6.000 | 09/18/2023 | 30900 | (46) | (14) |
| CBK | Put - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.750 | 3.750 | 04/06/2023 | 17000 | (65) | (204) |
|  | Put - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.750 | 3.750 | 04/14/2023 | 16700 | (72) | (200) |
| GLM | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 5.750 | 5.750 | 09/18/2023 | 29800 | (52) | (21) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 6.000 | 6.000 | 09/18/2023 | 29800 | (43) | (14) |
| MYC | Put - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.750 | 3.750 | 04/13/2023 | 16700 | (60) | (200) |
|  | Put - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 4.000 | 4.000 | 04/20/2023 | 32400 | (136) | (278) |
|  | Put - OTC 2-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 4.000 | 4.000 | 04/21/2023 | 17800 | (95) | (153) |
|  |  |  |  |  |  |  |  | $(623) | $(1106) |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Put - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 01/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 01/01/2053  | $94.031 | 94.031 | 01/05/2023 | 01/05/2023 | 7000 | $(40) | $(35) |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | 101.891 | 101.891 | 01/05/2023 | 01/05/2023 | 62900 | (187) | 0 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 99.813 | 99.813 | 02/06/2023 | 02/06/2023 | 11400 | (77) | (72) |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 99.977 | 99.977 | 02/06/2023 | 02/06/2023 | 24000 | (158) | (166) |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 100.000 | 100.000 | 02/06/2023 | 02/06/2023 | 8600 | (58) | (60) |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 101.813 | 101.813 | 02/06/2023 | 02/06/2023 | 11400 | (69) | (24) |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 102.000 | 102.000 | 02/06/2023 | 02/06/2023 | 8600 | (52) | (15) |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 102.438 | 102.438 | 02/06/2023 | 02/06/2023 | 22000 | (124) | (24) |
| JPM | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | 97.000 | 97.000 | 03/06/2023 | 03/06/2023 | 27800 | (239) | (428) |
|  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | 97.156 | 97.156 | 03/06/2023 | 03/06/2023 | 27800 | (239) | (450) |
|  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | 99.000 | 99.000 | 03/06/2023 | 03/06/2023 | 27800 | (204) | (70) |
|  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | 99.156 | 99.156 | 03/06/2023 | 03/06/2023 | 27800 | (202) | (62) |
|  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | 98.766 | 98.766 | 03/06/2023 | 03/06/2023 | 4800 | (41) | (66) |
|  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | 100.766 | 100.766 | 03/06/2023 | 03/06/2023 | 4800 | (34) | (16) |
|  | Put - OTC Fannie Mae 5.500% due 03/01/2053  | Put - OTC Fannie Mae 5.500% due 03/01/2053  | 99.766 | 99.766 | 03/06/2023 | 03/06/2023 | 11500 | (79) | (115) |
|  | Put - OTC Fannie Mae 5.500% due 03/01/2053  | Put - OTC Fannie Mae 5.500% due 03/01/2053  | 99.781 | 99.781 | 03/06/2023 | 03/06/2023 | 12000 | (83) | (120) |
| MSC | Put - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 01/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 01/01/2053  | 94.031 | 94.031 | 01/05/2023 | 01/05/2023 | 14000 | (79) | (69) |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 01/01/2053  | 94.703 | 94.703 | 01/05/2023 | 01/05/2023 | 3000 | (7) | (4) |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 01/01/2053  | 95.266 | 95.266 | 01/05/2023 | 01/05/2023 | 14000 | (50) | (6) |
| SAL | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | 97.578 | 97.578 | 03/06/2023 | 03/06/2023 | 17100 | (136) | (160) |
|  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | 99.578 | 99.578 | 03/06/2023 | 03/06/2023 | 17100 | (123) | (125) |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 02/01/2053  | 98.563 | 98.563 | 02/06/2023 | 02/06/2023 | 15500 | (115) | (141) |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | 101.859 | 101.859 | 101.859 | 01/05/2023 |  |  | 77400 |  | (230) | (230) | (1) |
|  |  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | 102.250 | 102.250 | 102.250 | 01/05/2023 |  |  | 86000 |  | (255) | (255) | 0 |
|  |  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 99.750 | 99.750 | 99.750 | 02/06/2023 |  |  | 29500 |  | (207) | (207) | (179) |
|  |  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 99.938 | 99.938 | 99.938 | 02/06/2023 |  |  | 17000 |  | (110) | (110) | (115) |
|  |  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 100.000 | 100.000 | 100.000 | 02/06/2023 |  |  | 40000 |  | (269) | (269) | (280) |
|  |  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 100.063 | 100.063 | 100.063 | 02/06/2023 |  |  | 48000 |  | (315) | (315) | (348) |
|  |  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 101.750 | 101.750 | 101.750 | 02/06/2023 |  |  | 29500 |  | (171) | (171) | (67) |
|  |  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | 102.000 | 102.000 | 102.000 | 02/06/2023 |  |  | 62000 |  | (358) | (358) | (110) |
|  |  |  |  |  |  |  |  |  |  |  | $ | (4311) | (4311) | (3328) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(4934)** | **(4934)** | **(4434)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON ASSET-BACKED SECURITIES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Counterparty | Counterparty | Reference Obligation | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset |
| GST | GST | Structured Asset Investment Loan Trust 5.034% due 11/25/2034  | 1.950% | Monthly | Monthly | 11/25/2034 | 11/25/2034 | 3 | 3 | (3) | (3) | $3 | $0 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(3)** | **(3)** | **3** | **0** | **$** |
| **(j)** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $3,117 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | 0 | $53 | 53 | $0 | 0 | 0 | 53 | 53 |
| Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 802 | 802 | 0 | 0 | 0 | 802 | 802 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| Texas | Texas | Texas | Texas | Texas | 0 | 0 | 0 | 3783 | 3783 | 0 | 0 | 0 | 3783 | 3783 |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 3675139 | 3675139 | 39 | 39 | 39 | 3675178 | 3675178 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 200567 | 200567 | 0 | 0 | 0 | 200567 | 200567 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 0 | 268598 | 268598 | 0 | 0 | 0 | 268598 | 268598 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 0 | 3384 | 3384 | 0 | 0 | 0 | 3384 | 3384 |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 25989 | 25989 | 0 | 0 | 0 | 25989 | 25989 |
|  |  |  |  |  | $0 | 0 | 0 | $4178315 | 4178315 | $39 | 39 | 39 | 4178354 | 4178354 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $324 | 324 | 324 | $0 | 0 | $0 | 0 | 0 | 324 | 324 |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $324 | 324 | 324 | $4178315 | 4178315 | $39 | 39 | 39 | 4178678 | 4178678 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $(904428) | (904428) | $0 | 0 | 0 | (904428) | (904428) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | 2961 | 2961 | 0 | 0 | 0 | 2961 | 2961 |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 5961 | 5961 | 0 | 0 | 0 | 5961 | 5961 |
|  |  |  |  |  | $0 | 0 | 0 | $8922 | 8922 | $0 | 0 | 0 | 8922 | 8922 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |

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<br> Schedule of Investments PIMCO Mortgage and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Exchange-traded or centrally cleared | 0 | (1235) | 0 | (1235) |
| Over the counter | 0 | (4434) | 0 | (4434) |
|  | $0 | $(5669) | $0 | $(5669) |
| Total Financial Derivative Instruments | $0 | $3253 | $0 | $3253 |
| Totals | $324 | $3277140 | $39 | $3277503 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO Municipal Portfolio December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 95.8% ¤** |  |  |
| **CORPORATE BONDS & NOTES 2.3%**  |  |  |
| **INDUSTRIALS 2.3%**  |  |  |
| **Hoag Memorial Hospital Presbyterian** <br>3.803% due 07/15/2052 | $1000 | $783 |
| **Northwell Healthcare, Inc.** <br>4.260% due 11/01/2047 | 2000 | 1598 |
| Total Corporate Bonds & Notes (Cost $3,037) |  | 2381 |
| **MUNICIPAL BONDS & NOTES 93.2%**  |  |  |
| **ARIZONA 3.0%**  |  |  |
| **Industrial Development Authority of the County, Arizona of Pima Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 04/01/2036  | 840 | 827 |
| 4.000% due 04/01/2038  | 1035 | 986 |
| **Phoenix Civic Improvement Corp., Arizona Revenue Bonds, Series 2019** <br>5.000% due 07/01/2049 | 1250 | 1289 |
|  |  | 3102 |
| **CALIFORNIA 6.6%**  |  |  |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2018** <br>5.000% due 06/01/2031 | 1270 | 1432 |
| **Golden State, California Tobacco Securitization Corp. Revenue Notes, Series 2021** <br>1.850% due 06/01/2031 | 235 | 232 |
| **Inland Empire Tobacco Securitization Corp., California Revenue Bonds, Series 2019** <br>3.678% due 06/01/2038 | 1065 | 994 |
| **Long Beach Bond Finance Authority, California Revenue Bonds, Series 2007** <br>5.500% due 11/15/2027 | 1000 | 1067 |
| **Mount San Antonio Community College District, California General Obligation Bonds, Series 2019** <br>4.000% due 08/01/2049 | 1900 | 1843 |
| **Sanger Unified School District, California Certificates of Participation Bonds, (AGM Insured), Series 2022** <br>5.000% due 06/01/2045 | 1000 | 1059 |
| **Sonoma County, California Revenue Bonds, Series 2010** <br>6.000% due 12/01/2029 | 120 | 123 |
|  |  | 6750 |
| **CONNECTICUT 2.7%**  |  |  |
| **Connecticut State Health & Educational Facilities Authority Revenue Bonds, Series 2017** <br>4.000% due 07/01/2047 | 3000 | 2701 |
| **FLORIDA 6.1%**  |  |  |
| **Central Florida Expressway Authority Revenue Bonds, Series 2019** <br>5.000% due 07/01/2044 | 1000 | 1052 |
| **Miami-Dade County, Florida Transit System Revenue Bonds, Series 2018** <br>4.000% due 07/01/2044 | 1500 | 1447 |
| **Palm Beach County, Florida Health Facilities Authority Revenue Bonds, Series 2019** <br>4.000% due 08/15/2049 | 1000 | 883 |
| **Putnam County Development Authority, Florida Revenue Bonds, Series 2018** <br>5.000% due 03/15/2042 | 1000 | 1069 |
| **South Miami Health Facilities Authority, Florida Revenue Bonds, Series 2017** <br>4.000% due 08/15/2047 | 2000 | 1785 |
|  |  | 6236 |
| **GEORGIA 0.3%**  |  |  |
| **Municipal Electric Authority of Georgia Revenue Notes, (AGM Insured), Series 2021** <br>5.000% due 01/01/2030 | 300 | 334 |
| **HAWAII 1.5%**  |  |  |
| **Hawaii Airports System State Revenue Bonds, Series 2018** <br>5.000% due 07/01/2048 | 1500 | 1519 |
| **ILLINOIS 9.7%**  |  |  |
| **Chicago O'Hare International Airport, Illinois Revenue Bonds, Series 2022** <br>5.000% due 01/01/2055 | 1000 | 1008 |
| **Chicago, Illinois General Obligation Bonds, Series 2015**  |  |  |
| 5.250% due 01/01/2027  | 3000 | 3064 |

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<br> Schedule of Investments PIMCO Municipal Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| 5.250% due 01/01/2028  | 2000 | 2043 |
| **Illinois State General Obligation Bonds, (BABs), Series 2010** <br>7.350% due 07/01/2035 | 836 | 880 |
| **Illinois State General Obligation Notes, Series 2017** <br>5.000% due 11/01/2025 | 2000 | 2051 |
| **Sales Tax Securitization Corp., Illinois Revenue Bonds, Series 2020** <br>4.000% due 01/01/2038 | 905 | 873 |
|  |  | 9919 |
| **INDIANA 0.9%**  |  |  |
| **Indiana Finance Authority Health System Revenue Bonds, Series 2019** <br>4.000% due 12/01/2049 | 1000 | 951 |
| **KANSAS 1.0%**  |  |  |
| **Kansas Development Finance Authority Revenue Bonds, (BAM Insured),Series 2021** <br>2.774% due 05/01/2051 | 1500 | 1014 |
| **LOUISIANA 1.4%**  |  |  |
| **East Baton Rouge Sewerage Commission, Louisiana Revenue Bonds, Series 2019** <br>4.000% due 02/01/2040 | 1500 | 1461 |
| **MARYLAND 1.7%**  |  |  |
| **Maryland Department of Transportation State Revenue Bonds, Series 2021** <br>5.000% due 08/01/2034 | 1600 | 1726 |
| **MASSACHUSETTS 1.0%**  |  |  |
| **Massachusetts Development Finance Agency Revenue Bonds, Series 2018** <br>5.000% due 07/01/2048 | 1000 | 1017 |
| **MICHIGAN 2.9%**  |  |  |
| **Michigan State University Revenue Bonds, Series 2019** <br>4.000% due 02/15/2039 | 3000 | 3006 |
| **MINNESOTA 2.5%**  |  |  |
| **St Cloud, Minnesota Revenue Bonds, Series 2019** <br>5.000% due 05/01/2048 | 2500 | 2554 |
| **NEVADA 3.3%**  |  |  |
| **Clark Department of Aviation, Nevada Revenue Bonds, Series 2014** <br>4.250% due 07/01/2034 | 2000 | 2019 |
| **Reno, Nevada Revenue Bonds, (NPFGC Insured), Series 2005**  |  |  |
| 0.000% due 06/01/2034 (a)  | 980 | 546 |
| 0.000% due 06/01/2036 (a)  | 1520 | 754 |
|  |  | 3319 |
| **NEW JERSEY 2.8%**  |  |  |
| **New Jersey Economic Development Authority Revenue Bonds, Series 2017** <br>5.000% due 06/15/2034 | 1000 | 1049 |
| **New Jersey Economic Development Authority Revenue Bonds, Series 2021** <br>4.000% due 06/15/2040 | 1000 | 914 |
| **New Jersey Transportation Trust Fund Authority Revenue Bonds, Series 2020** <br>4.000% due 06/15/2039 | 1000 | 926 |
|  |  | 2889 |
| **NEW YORK 7.3%**  |  |  |
| **New York City Transitional Finance Authority Future Tax Secured, New York Revenue Bonds, Series 2018** <br>5.000% due 08/01/2042 | 3100 | 3283 |
| **New York State Dormitory Authority Revenue Bonds, Series 2018** <br>5.000% due 10/01/2048 | 500 | 571 |
| **New York State Dormitory Authority Revenue Bonds, Series 2019** <br>5.000% due 07/01/2042 | 1000 | 1081 |
| **New York State Housing Finance Agency Revenue Bonds, (FHA Insured), Series 2020** <br>4.200% due 11/01/2054 (b) | 695 | 621 |
| **New York State Urban Development Corp. Revenue Bonds, Series 2019** <br>4.000% due 03/15/2045 | 2000 | 1877 |
|  |  | 7433 |
| **OREGON 0.8%**  |  |  |
| **Oregon Education Districts General Obligation Bonds, Series 2021** <br>2.207% due 06/30/2033 | 1000 | 767 |
| **PENNSYLVANIA 13.5%**  |  |  |
| **Commonwealth Financing Authority, Pennsylvania Revenue Bonds, Series 2020** <br>3.532% due 06/01/2042 | 2000 | 1569 |
| **Geisinger Authority, Pennsylvania Revenue Bonds, Series 2017** <br>4.000% due 02/15/2039 | 2500 | 2423 |

---

------

<br> Schedule of Investments PIMCO Municipal Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Monroeville** **Finance Authority, Pennsylvania Revenue Bonds, Series 2022** <br>4.000% due 02/15/2037 | 1000 | 976 |
| **Montgomery County, Pennsylvania Higher Education and Health Authority Revenue Bonds, Series 2022** <br>4.000% due 05/01/2056 | 1000 | 847 |
| **Pennsylvania Higher Educational Facilities Authority Revenue Bonds, Series 2017** <br>4.000% due 08/15/2041 | 3000 | 2984 |
| **Pennsylvania Higher Educational Facilities Authority Revenue Bonds, Series 2019** <br>5.000% due 08/15/2049 | 550 | 571 |
| **Pennsylvania Turnpike Commission Revenue Bonds, Series 2017** <br>5.000% due 12/01/2040 | 1000 | 1035 |
| **Pennsylvania Turnpike Commission Revenue Bonds, Series 2018** <br>5.000% due 12/01/2043 | 3250 | 3401 |
|  |  | 13806 |
| **TENNESSEE 4.1%**  |  |  |
| **Metropolitan Government of Nashville & Davidson County, Tennessee Water & Sewer Revenue Bonds, (BABs), Series 2010** <br>6.568% due 07/01/2037 | 1000 | 1122 |
| **Tennessee Energy Acquisition Corp. Revenue Bonds, Series 2006** <br>5.000% due 02/01/2025 | 3000 | 3041 |
|  |  | 4163 |
| **TEXAS 15.6%**  |  |  |
| **Dallas Fort Worth International Airport, Texas Revenue Bonds, Series 2022** <br>5.000% due 11/01/2037 | 1000 | 1110 |
| **Houston, Texas Combined Utility System Revenue Bonds, Series 2018** <br>5.000% due 11/15/2043 | 3000 | 3182 |
| **Lower Colorado River Authority, Texas Revenue Bonds, Series 2019** <br>5.000% due 05/15/2039 | 1500 | 1563 |
| **New Hope Cultural Education Facilities Finance Corp., Texas Revenue Bonds, Series 2017** <br>4.000% due 08/15/2040 | 1550 | 1503 |
| **North Texas Tollway Authority Revenue Bonds, Series 2017** <br>5.000% due 01/01/2043 | 2500 | 2600 |
| **SA Energy Acquisition Public Facility Corp., Texas Revenue Bonds, Series 2007** <br>5.500% due 08/01/2027 | 2000 | 2112 |
| **Texas Transportation Commission Revenue Bonds, Series 2019** <br>5.000% due 08/01/2057 | 1000 | 991 |
| **Texas Water Development Board Revenue Bonds, Series 2019** <br>4.000% due 10/15/2049 | 3000 | 2868 |
|  |  | 15929 |
| **WASHINGTON 3.1%**  |  |  |
| **Washington State General Obligation Bonds, Series 2018** <br>5.000% due 02/01/2042 | 3000 | 3164 |
| **WISCONSIN 1.4%**  |  |  |
| **Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2016** <br>4.000% due 11/15/2046 | 1500 | 1426 |
| Total Municipal Bonds & Notes (Cost $100,725) |  | 95186 |
| **SHORT-TERM INSTRUMENTS 0.3%**  |  |  |
| **REPURCHASE AGREEMENTS (c) 0.3%** |  | 278 |
| Total Short-Term Instruments (Cost $278) |  | 278 |
| Total Investments in Securities (Cost $104,040) |  | 97845 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 3.0%**  |  |  |
| **SHORT-TERM INSTRUMENTS 3.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 3.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 313291 | 3044 |
| Total Short-Term Instruments (Cost $3,041) |  | 3044 |
| Total Investments in Affiliates (Cost $3,041) |  | 3044 |
| Total Investments 98.8% (Cost $107,081) |  | $100889 |
| Other Assets and Liabilities, net 1.2% |  | 1258 |
| Net Assets 100.0% |  | $102147 |

---

------

<br> Schedule of Investments PIMCO Municipal Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **(a)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(b)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Coupon | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets | Market Value<br>as Percentage<br>of Net Assets |
| New York State Housing Finance Agency Revenue Bonds, (FHA Insured), Series 2020 | % | 11/01/2054 | 11/01/2054 | 11/18/2021 | 11/18/2021 | 785 | $ | $621 | 621 | 0.61 | 0.61% |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(c)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) |  | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | 278 | 278 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | $(284) | (284) | $ | $278 | $ | $278 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  | $**(284)** | **(284)** | **$** | $**278** | **$** | $**278** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Industrials | Industrials | $ | $0 | 0 | $2381 | 0 | 0 | $ | $2381 | 2381 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |  |
| Arizona | Arizona |  | 0 | 0 | 3102 | 0 | 0 |  | 3102 | 3102 |  |
| California | California |  | 0 | 0 | 6750 | 0 | 0 |  | 6750 | 6750 |  |
| Connecticut | Connecticut |  | 0 | 0 | 2701 | 0 | 0 |  | 2701 | 2701 |  |
| Florida | Florida |  | 0 | 0 | 6236 | 0 | 0 |  | 6236 | 6236 |  |
| Georgia | Georgia |  | 0 | 0 | 334 | 0 | 0 |  | 334 | 334 |  |
| Hawaii | Hawaii |  | 0 | 0 | 1519 | 0 | 0 |  | 1519 | 1519 |  |
| Illinois | Illinois |  | 0 | 0 | 9919 | 0 | 0 |  | 9919 | 9919 |  |
| Indiana | Indiana |  | 0 | 0 | 951 | 0 | 0 |  | 951 | 951 |  |
| Kansas | Kansas |  | 0 | 0 | 1014 | 0 | 0 |  | 1014 | 1014 |  |
| Louisiana | Louisiana |  | 0 | 0 | 1461 | 0 | 0 |  | 1461 | 1461 |  |
| Maryland | Maryland |  | 0 | 0 | 1726 | 0 | 0 |  | 1726 | 1726 |  |
| Massachusetts | Massachusetts |  | 0 | 0 | 1017 | 0 | 0 |  | 1017 | 1017 |  |
| Michigan | Michigan |  | 0 | 0 | 3006 | 0 | 0 |  | 3006 | 3006 |  |
| Minnesota | Minnesota |  | 0 | 0 | 2554 | 0 | 0 |  | 2554 | 2554 |  |
| Nevada | Nevada |  | 0 | 0 | 3319 | 0 | 0 |  | 3319 | 3319 |  |
| New Jersey | New Jersey |  | 0 | 0 | 2889 | 0 | 0 |  | 2889 | 2889 |  |
| New York | New York |  | 0 | 0 | 7433 | 0 | 0 |  | 7433 | 7433 |  |
| Oregon | Oregon |  | 0 | 0 | 767 | 0 | 0 |  | 767 | 767 |  |
| Pennsylvania | Pennsylvania |  | 0 | 0 | 13806 | 0 | 0 |  | 13806 | 13806 |  |
| Tennessee | Tennessee |  | 0 | 0 | 4163 | 0 | 0 |  | 4163 | 4163 |  |
| Texas | Texas |  | 0 | 0 | 15929 | 0 | 0 |  | 15929 | 15929 |  |
| Washington | Washington |  | 0 | 0 | 3164 | 0 | 0 |  | 3164 | 3164 |  |
| Wisconsin | Wisconsin |  | 0 | 0 | 1426 | 0 | 0 |  | 1426 | 1426 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Repurchase Agreements | Repurchase Agreements |  | 0 | 0 | 278 | 0 | 0 |  | 278 | 278 |  |
|  |  | $ | $0 | 0 | $97845 | 0 | 0 | $ | $97845 | 97845 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $ | $3044 | 3044 | $0 | 0 | 0 | $ | $3044 | 3044 |  |
| Total Investments | Total Investments | $ | $3044 | 3044 | $97845 | 0 | 0 | $ | $100889 | 100889 |  |
| <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | <br> **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO Real Return Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 175.9% ¤** |  |  |
| **U.S. TREASURY OBLIGATIONS 175.0%**  |  |  |
| **U.S. Treasury Inflation Protected Securities (a)** |  |  |
| 0.125% due 07/15/2024  | $1883 | $1822 |
| 0.125% due 10/15/2024  | 813 | 783 |
| 0.125% due 04/15/2025  | 2307 | 2199 |
| 0.125% due 10/15/2025  | 1149 | 1092 |
| 0.125% due 04/15/2026 (b) | 4773 | 4488 |
| 0.125% due 10/15/2026 (b) | 2814 | 2638 |
| 0.125% due 01/15/2030 (b) | 3718 | 3342 |
| 0.125% due 07/15/2030  | 1279 | 1146 |
| 0.125% due 01/15/2031  | 2679 | 2381 |
| 0.125% due 07/15/2031  | 2179 | 1927 |
| 0.125% due 01/15/2032 (b) | 3698 | 3242 |
| 0.125% due 02/15/2051  | 1522 | 982 |
| 0.250% due 01/15/2025  | 38 | 36 |
| 0.250% due 02/15/2050  | 904 | 610 |
| 0.375% due 07/15/2025 (b) | 5396 | 5183 |
| 0.375% due 01/15/2027  | 2344 | 2211 |
| 0.500% due 04/15/2024  | 1891 | 1839 |
| 0.500% due 01/15/2028 (b) | 4349 | 4092 |
| 0.625% due 04/15/2023  | 2160 | 2137 |
| 0.625% due 01/15/2024  | 3027 | 2963 |
| 0.625% due 02/15/2043  | 389 | 314 |
| 0.750% due 07/15/2028 (b) | 3205 | 3055 |
| 0.750% due 02/15/2042  | 1213 | 1017 |
| 0.750% due 02/15/2045  | 1063 | 861 |
| 0.875% due 01/15/2029  | 944 | 900 |
| 0.875% due 02/15/2047  | 160 | 132 |
| 1.000% due 02/15/2046  | 1975 | 1679 |
| 1.000% due 02/15/2048  | 1764 | 1487 |
| 1.375% due 02/15/2044  | 818 | 761 |
| 1.750% due 01/15/2028  | 2915 | 2914 |
| 2.125% due 02/15/2041  | 1402 | 1486 |
| 3.625% due 04/15/2028 (b) | 5085 | 5545 |
| 3.875% due 04/15/2029 (b) | 3276 | 3682 |
| Total U.S. Treasury Obligations (Cost $78,422) |  | 68946 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.9%**  |  |  |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.669% due 01/25/2035 •  | 60 | 55 |
| **Merrill Lynch Mortgage Investors Trust** <br>4.809% due 07/25/2030 ~ | 322 | 297 |
| Total Non-Agency Mortgage-Backed Securities (Cost $365) |  | 352 |
| Total Investments in Securities (Cost $78,787) |  | 69298 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 5.6%**  |  |  |
| **SHORT-TERM INSTRUMENTS 5.6%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 5.6%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 225838 | 2194 |
| Total Short-Term Instruments (Cost $2,194) |  | 2194 |
| Total Investments in Affiliates (Cost $2,194) |  | 2194 |
| Total Investments 181.5% (Cost $80,981) |  | $71492 |
| **Financial Derivative Instruments (c)(d) 0.0**%(Cost or Premiums, net $(219)) |  | 1 |
| Other Assets and Liabilities, net (81.5)% |  | (32097) |
| Net Assets 100.0% |  | $39396 |

---

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<br> Schedule of Investments PIMCO Real Return Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BSN | BSN | BSN | 4.160%  | 11/03/2022 | 11/03/2022 | 01/04/2023 | 01/04/2023 | (32611) | (32611) | (32611) | (32841) | (32841) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  | **(32841)** | **(32841)** |
| **(b)** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $32,662 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(42070) at a weighted average interest rate of 2.072%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| **(c)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset |  | Liability |
| Euro-Schatz March Futures  | Euro-Schatz March Futures  | 03/2023 | 03/2023 | 11 | (1241) | (1241) | 16 | 16 | 1 | 1 | $ | (1) |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 03/2023 | 03/2023 | 1 | (134) | (134) | 9 | 9 | 1 | 1 |  | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **25** | **$** | **2** | **2** | **$** | **(1)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive<sup>(1)</sup> | Annual | 12/09/2052 | 12/09/2052 | 100 | 0 | $ | 3 | 3 | 3 | 0 | 0 | $0 |
| Pay | Maturity | 08/15/2027 | 08/15/2027 | 900 | 4 |  | 7 | 11 | 11 | 3 | 3 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **$** | **10** | **14** | **$** | **3** | **$** | **0** |
| **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $105 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(d)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | EUR | 35 | 35 | 37 | 37 | 37 | 0 | 0 | 0 | (1) | (1) |
|  | 01/2023  | JPY | 9200 | 9200 | 68 | 68 | 68 | 0 | 0 | 0 | (2) | (2) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **0** | **0** | **$** | **(3)** | **(3)** |

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------

<br> Schedule of Investments PIMCO Real Return Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** |
| Counterparty | Initial<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value |
| JPM | 233.916 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 4.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 4.000%] or 0 | 04/22/2024 | 04/22/2024 | 28300 | 28300 | $(206) | (206) | $0 |
|  | 234.781 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 4.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 4.000%] or 0 | 05/16/2024 | 05/16/2024 | 2400 | 2400 | (17) | (17) | 0 |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(223)** | **(223)** | $**0** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | $0 | 0 | $68946 | 68946 | $0 | 0 | $68946 | 68946 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 352 | 352 | 0 | 0 | 352 | 352 |
|  |  |  | $0 | 0 | $69298 | 69298 | $0 | 0 | $69298 | 69298 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
|  | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $2194 | 2194 | $0 | 0 | $0 | 0 | $2194 | 2194 |
| Total Investments | Total Investments | Total Investments | $2194 | 2194 | $69298 | 69298 | $0 | 0 | $71492 | 71492 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $1 | 1 | $4 | 4 | $0 | 0 | $5 | 5 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (1) | (1) | 0 | 0 | 0 | 0 | (1) | (1) |
| Over the counter | Over the counter | Over the counter | 0 | 0 | (3) | (3) | 0 | 0 | (3) | (3) |
|  |  |  | $(1) | (1) | $(3) | (3) | $0 | 0 | $(4) | (4) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | $1 | 1 | $0 | 0 | $1 | 1 |
| Totals | Totals | Totals | $2194 | 2194 | $69299 | 69299 | $0 | 0 | $71493 | 71493 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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------

<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 111.6% ¤** |  |  |
| **CORPORATE BONDS & NOTES 76.8%**  |  |  |
| **BANKING & FINANCE 31.4%**  |  |  |
| **AerCap Ireland Capital DAC**  |  |  |
| 3.850% due 10/29/2041  | $600 | $426 |
| 4.875% due 01/16/2024  | 600 | 595 |
| **AIA Group Ltd.** <br>5.625% due 10/25/2027 | 200 | 204 |
| **Alexandria Real Estate Equities, Inc.** <br>3.000% due 05/18/2051 | 500 | 318 |
| **Ally Financial, Inc.** <br>8.000% due 11/01/2031 | 300 | 311 |
| **American Homes 4 Rent LP** <br>4.250% due 02/15/2028 | 300 | 278 |
| **American Tower Corp.** <br>2.100% due 06/15/2030 | 800 | 635 |
| **Aon Corp.** <br>2.800% due 05/15/2030 | 500 | 428 |
| **Banco Santander SA**  |  |  |
| 5.147% due 08/18/2025  | 200 | 198 |
| 5.294% due 08/18/2027  | 200 | 196 |
| **Bank Leumi Le-Israel BM** <br>5.125% due 07/27/2027 | 200 | 199 |
| **Bank of America Corp.**  |  |  |
| 1.922% due 10/24/2031 •  | 400 | 306 |
| 2.831% due 10/24/2051 •  | 800 | 494 |
| 2.884% due 10/22/2030 •  | 1400 | 1174 |
| 3.824% due 01/20/2028 •  | 300 | 280 |
| 6.204% due 11/10/2028 •  | 700 | 724 |
| **Bank of Ireland Group PLC** <br>6.253% due 09/16/2026 •  | 200 | 199 |
| **Barclays PLC**  |  |  |
| 2.645% due 06/24/2031 •  | 1500 | 1173 |
| 5.746% due 08/09/2033 •  | 500 | 474 |
| **Blackstone Holdings Finance Co. LLC** <br>6.200% due 04/22/2033 | 400 | 404 |
| **BNP Paribas SA** <br>7.750% due 08/16/2029 •(b)(c) | 300 | 297 |
| **Boston Properties LP** <br>6.750% due 12/01/2027 | 100 | 103 |
| **Brookfield Finance, Inc.** <br>3.500% due 03/30/2051 | 800 | 511 |
| **Citigroup, Inc.**  |  |  |
| 3.057% due 01/25/2033 •(d)  | 500 | 405 |
| 3.106% due 04/08/2026 •  | 650 | 616 |
| **CNA Financial Corp.** <br>2.050% due 08/15/2030 | 400 | 316 |
| **Cooperatieve Rabobank UA** <br>4.655% due 08/22/2028 •  | 300 | 288 |
| **Credit Suisse AG** <br>1.250% due 08/07/2026 | 400 | 324 |
| **Credit Suisse Group AG**  |  |  |
| 2.593% due 09/11/2025 •  | 300 | 265 |
| 6.442% due 08/11/2028 •  | 300 | 274 |
| **Crown Castle, Inc.**  |  |  |
| 1.050% due 07/15/2026  | 500 | 433 |
| 3.250% due 01/15/2051  | 300 | 196 |
| **Deutsche Bank AG**  |  |  |
| 2.311% due 11/16/2027 •  | 600 | 510 |
| 3.961% due 11/26/2025 •  | 400 | 383 |
| 6.119% due 07/14/2026 •  | 400 | 398 |
| **DNB Bank ASA** <br>5.896% due 10/09/2026 •  | 500 | 501 |
| **Equinix, Inc.** <br>3.000% due 07/15/2050 | 300 | 190 |
| **Essex Portfolio LP** <br>1.700% due 03/01/2028 | 500 | 417 |
| **Extra Space Storage LP** <br>3.900% due 04/01/2029 | 700 | 628 |
| **Federation des Caisses Desjardins du Quebec**  |  |  |
| 4.400% due 08/23/2025  | 200 | 195 |
| 4.550% due 08/23/2027  | 200 | 192 |

---

------

<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Fifth** **Third Bacorp** <br>4.772% due 07/28/2030 •  | 200 | 191 |
| **GLP Capital LP** <br>5.250% due 06/01/2025 | 200 | 197 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 2.600% due 02/07/2030  | 1300 | 1088 |
| 3.800% due 03/15/2030  | 200 | 180 |
| 4.482% due 08/23/2028 •  | 300 | 288 |
| 7.250% due 04/10/2028  | 200 | 260 |
| **Host Hotels & Resorts LP**  |  |  |
| 2.900% due 12/15/2031  | $300 | 230 |
| 3.500% due 09/15/2030  | 300 | 248 |
| **HSBC Holdings PLC**  |  |  |
| 2.357% due 08/18/2031 •  | 500 | 383 |
| 2.848% due 06/04/2031 •  | 600 | 480 |
| 5.210% due 08/11/2028 •  | 400 | 387 |
| 5.402% due 08/11/2033 •  | 500 | 464 |
| 7.390% due 11/03/2028 •  | 500 | 526 |
| **Hudson Pacific Properties LP** <br>5.950% due 02/15/2028 | 100 | 94 |
| **ING Groep NV** <br>4.625% due 01/06/2026 | 300 | 293 |
| **JPMorgan Chase & Co.**  |  |  |
| 2.182% due 06/01/2028 •  | 1500 | 1314 |
| 4.452% due 12/05/2029 •  | 1200 | 1130 |
| 4.851% due 07/25/2028 •  | 400 | 391 |
| 4.912% due 07/25/2033 •  | 800 | 764 |
| **Kilroy Realty LP** <br>2.650% due 11/15/2033 | 300 | 209 |
| **Lazard Group LLC** <br>4.375% due 03/11/2029 | 100 | 93 |
| **Liberty Mutual Group, Inc.** <br>4.625% due 12/02/2030 | 500 | 512 |
| **Lloyds Banking Group PLC**  |  |  |
| 4.375% due 03/22/2028  | $400 | 380 |
| 4.550% due 08/16/2028  | 500 | 471 |
| 4.976% due 08/11/2033 •  | 500 | 461 |
| **Loews Corp.** <br>3.200% due 05/15/2030 | 200 | 177 |
| **Mid-America Apartments LP** <br>3.950% due 03/15/2029 | 400 | 376 |
| **Mitsubishi HC Capital, Inc.** <br>5.080% due 09/15/2027 | 200 | 197 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 1.640% due 10/13/2027 •  | 200 | 173 |
| 2.048% due 07/17/2030  | 1300 | 1028 |
| 5.017% due 07/20/2028 •  | 500 | 489 |
| **Morgan Stanley**  |  |  |
| 4.679% due 07/17/2026 •  | 500 | 492 |
| 6.296% due 10/18/2028 •  | 500 | 517 |
| 6.342% due 10/18/2033 •  | 200 | 210 |
| **MPT Operating Partnership LP**  |  |  |
| 3.375% due 04/24/2030  | 100 | 79 |
| 4.625% due 08/01/2029  | $100 | 76 |
| **NatWest Group PLC**  |  |  |
| 4.445% due 05/08/2030 •  | 600 | 545 |
| 4.892% due 05/18/2029 •  | 500 | 474 |
| 5.516% due 09/30/2028 •  | 200 | 198 |
| **Nomura Holdings, Inc.**  |  |  |
| 2.608% due 07/14/2031  | 500 | 388 |
| 2.679% due 07/16/2030  | 200 | 160 |
| **NTT Finance Corp.** <br>4.372% due 07/27/2027 | 100 | 98 |
| **Santander UK Group Holdings PLC** <br>6.833% due 11/21/2026 •  | 600 | 608 |
| **Societe Generale SA**  |  |  |
| 3.625% due 03/01/2041  | 200 | 130 |
| 6.221% due 06/15/2033 •  | 200 | 188 |
| **Standard Chartered PLC**  |  |  |
| 3.971% due 03/30/2026 •  | 200 | 191 |
| 7.776% due 11/16/2025 •  | 300 | 309 |
| **Synchrony Bank** <br>5.625% due 08/23/2027 | 250 | 244 |
| **Synchrony Financial** <br>3.950% due 12/01/2027 | 300 | 268 |
| **Truist Financial Corp.** <br>6.123% due 10/28/2033 •  | 300 | 317 |
| **UBS Group AG**  |  |  |
| 4.703% due 08/05/2027 •  | 400 | 387 |
| 4.988% due 08/05/2033 •  | 200 | 186 |
| **VICI Properties LP** <br>4.375% due 05/15/2025 | 300 | 292 |
| **Wells Fargo & Co.**  |  |  |
| 2.393% due 06/02/2028 •  | 200 | 177 |
| 2.879% due 10/30/2030 •  | 1500 | 1277 |
| 3.350% due 03/02/2033 •  | 300 | 254 |

---

------

<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.897% due 07/25/2033 •  | 100 | 95 |
| **Welltower, Inc.** <br>4.250% due 04/01/2026 | 400 | 387 |
| **Weyerhaeuser Co.**  |  |  |
| 4.000% due 11/15/2029  | 600 | 549 |
| 4.000% due 04/15/2030  | 400 | 365 |
|  |  | 39393 |
| **INDUSTRIALS 38.7%**  |  |  |
| **AbbVie, Inc.**  |  |  |
| 4.050% due 11/21/2039  | 900 | 774 |
| 4.850% due 06/15/2044  | 300 | 276 |
| **Alibaba Group Holding Ltd.** <br>2.700% due 02/09/2041 | 600 | 385 |
| **Altria Group, Inc.** <br>3.400% due 02/04/2041 | 300 | 200 |
| **America Movil SAB de CV**  |  |  |
| 3.625% due 04/22/2029  | 700 | 636 |
| 5.375% due 04/04/2032  | 600 | 542 |
| **Amgen, Inc.**  |  |  |
| 3.375% due 02/21/2050  | 300 | 210 |
| 4.050% due 08/18/2029  | 300 | 281 |
| **AngloGold Ashanti Holdings PLC** <br>3.375% due 11/01/2028 | 500 | 437 |
| **Anheuser-Busch Cos. LLC** <br>4.700% due 02/01/2036 | 300 | 284 |
| **Anheuser-Busch InBev Finance, Inc.** <br>4.625% due 02/01/2044 | 400 | 361 |
| **ArcelorMittal SA** <br>6.800% due 11/29/2032 | 300 | 299 |
| **AstraZeneca PLC**  |  |  |
| 4.375% due 08/17/2048  | 500 | 447 |
| 6.450% due 09/15/2037  | 600 | 679 |
| **BAT Capital Corp.**  |  |  |
| 2.259% due 03/25/2028  | 400 | 333 |
| 4.700% due 04/02/2027  | 100 | 96 |
| **Baxter International, Inc.** <br>1.730% due 04/01/2031 | 1100 | 841 |
| **Bayer U.S. Finance LLC** <br>4.250% due 12/15/2025 | 500 | 485 |
| **Becton Dickinson & Co.** <br>1.957% due 02/11/2031 | 700 | 555 |
| **Boeing Co.**  |  |  |
| 2.950% due 02/01/2030  | 300 | 255 |
| 3.950% due 08/01/2059  | 1000 | 676 |
| **Bristol-Myers Squibb Co.** <br>3.900% due 03/15/2062 | 200 | 155 |
| **Broadcom, Inc.**  |  |  |
| 1.950% due 02/15/2028  | 300 | 254 |
| 3.469% due 04/15/2034  | 700 | 560 |
| 3.750% due 02/15/2051  | 400 | 278 |
| **Cameron LNG LLC** <br>3.302% due 01/15/2035 | 300 | 243 |
| **CDW LLC**  |  |  |
| 3.250% due 02/15/2029  | 400 | 341 |
| 3.569% due 12/01/2031  | 100 | 83 |
| **Centene Corp.**  |  |  |
| 2.450% due 07/15/2028  | 300 | 254 |
| 3.000% due 10/15/2030  | 700 | 575 |
| **Charter Communications Operating LLC**  |  |  |
| 2.250% due 01/15/2029  | 200 | 161 |
| 3.950% due 06/30/2062  | 1000 | 593 |
| 5.250% due 04/01/2053  | 300 | 233 |
| **Cheniere Corpus Christi Holdings LLC** <br>3.700% due 11/15/2029 | 500 | 453 |
| **Comcast Corp.** <br>5.350% due 11/15/2027 | 200 | 205 |
| **CommonSpirit Health** <br>6.073% due 11/01/2027 | 100 | 102 |
| **Constellation Brands, Inc.**  |  |  |
| 3.150% due 08/01/2029  | 400 | 351 |
| 4.500% due 05/09/2047  | 300 | 254 |
| **Continental Resources, Inc.** <br>4.375% due 01/15/2028 | 650 | 597 |
| **CSL Finanace PLC Co.** <br>4.950% due 04/27/2062 | 200 | 179 |
| **CVS Health Corp.** <br>3.250% due 08/15/2029 | 700 | 628 |
| **DCP Midstream Operating LP** <br>5.375% due 07/15/2025 | 600 | 595 |
| **Deere & Co.** <br>3.100% due 04/15/2030 | 700 | 629 |
| **Diageo Capital PLC** <br>5.300% due 10/24/2027 | 200 | 205 |

---

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<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **DR** **Horton, Inc.** <br>1.400% due 10/15/2027 | 100 | 84 |
| **eBay, Inc.** <br>5.950% due 11/22/2027 | 300 | 309 |
| **Elevance Health, Inc.**  |  |  |
| 5.500% due 10/15/2032  | 400 | 411 |
| 6.100% due 10/15/2052  | 300 | 322 |
| **Enbridge, Inc.** <br>7.625% due 01/15/2083 •  | 200 | 198 |
| **Energy Transfer LP**  |  |  |
| 4.750% due 01/15/2026  | 200 | 195 |
| 5.350% due 05/15/2045  | 400 | 341 |
| **Entergy Louisiana LLC**  |  |  |
| 2.350% due 06/15/2032  | 800 | 638 |
| 2.900% due 03/15/2051  | 700 | 451 |
| **EQT Corp.** <br>7.000% due 02/01/2030 | 600 | 623 |
| **Expedia Group, Inc.** <br>3.250% due 02/15/2030 | 300 | 255 |
| **Fidelity National Information Services, Inc.**  |  |  |
| 1.150% due 03/01/2026  | 200 | 176 |
| 4.700% due 07/15/2027  | 100 | 98 |
| **Freeport-McMoRan, Inc.** <br>5.400% due 11/14/2034 | 100 | 95 |
| **GE HealthCare Technologies, Inc.** <br>5.600% due 11/15/2025 | 200 | 201 |
| **General Electric Co.** <br>4.500% due 03/11/2044 | 200 | 173 |
| **General Motors Co.**  |  |  |
| 5.400% due 10/15/2029  | 200 | 191 |
| 5.600% due 10/15/2032  | 200 | 186 |
| **Glencore Funding LLC** <br>2.625% due 09/23/2031 | 700 | 559 |
| **Global Payments, Inc.**  |  |  |
| 2.900% due 05/15/2030  | 100 | 82 |
| 3.200% due 08/15/2029  | 100 | 85 |
| 4.150% due 08/15/2049  | 300 | 215 |
| 5.400% due 08/15/2032  | 200 | 191 |
| **GSK Consumer Healthcare Capital U.S. LLC** <br>3.375% due 03/24/2029 | 750 | 676 |
| **HCA, Inc.**  |  |  |
| 4.375% due 03/15/2042  | 700 | 560 |
| 5.375% due 02/01/2025  | 500 | 500 |
| **Home Depot, Inc.** <br>4.950% due 09/15/2052 | 200 | 193 |
| **Humana, Inc.**  |  |  |
| 3.700% due 03/23/2029  | 500 | 459 |
| 3.950% due 03/15/2027  | 400 | 384 |
| 5.875% due 03/01/2033  | 200 | 207 |
| **Hyatt Hotels Corp.** <br>5.625% due 04/23/2025 | 200 | 199 |
| **Illumina, Inc.**  |  |  |
| 5.750% due 12/13/2027  | 100 | 101 |
| 5.800% due 12/12/2025  | 200 | 202 |
| **Imperial Brands Finance PLC** <br>6.125% due 07/27/2027 | 200 | 199 |
| **JD.com, Inc.** <br>3.375% due 01/14/2030 | 700 | 614 |
| **JDE Peet's NV** <br>2.250% due 09/24/2031 | 300 | 228 |
| **Kellogg Co.** <br>2.100% due 06/01/2030 | 400 | 326 |
| **Kinder Morgan, Inc.** <br>4.800% due 02/01/2033 | 250 | 233 |
| **Kraft Heinz Foods Co.** <br>6.875% due 01/26/2039 | 200 | 218 |
| **Lenovo Group Ltd.** <br>5.831% due 01/27/2028 | 400 | 386 |
| **Linde, Inc.** <br>1.100% due 08/10/2030 | 800 | 615 |
| **Lockheed Martin Corp.** <br>5.100% due 11/15/2027 | 300 | 307 |
| **Marriott International, Inc.**  |  |  |
| 4.000% due 04/15/2028  | 500 | 465 |
| 4.625% due 06/15/2030  | 400 | 374 |
| **Marvell Technology, Inc.**  |  |  |
| 1.650% due 04/15/2026  | 100 | 88 |
| 2.950% due 04/15/2031  | 600 | 484 |
| **McDonald's Corp.** <br>3.800% due 04/01/2028 | 400 | 384 |
| **Meta Platforms, Inc.** <br>3.850% due 08/15/2032 | 100 | 88 |
| **Micron Technology, Inc.** <br>6.750% due 11/01/2029 | 200 | 204 |
| **Moody's Corp.**  |  |  |
| 2.000% due 08/19/2031  | 300 | 238 |

---

------

<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.250% due 01/15/2028  | 900 | 831 |
| **Motorola Solutions, Inc.**  |  |  |
| 2.300% due 11/15/2030  | 900 | 706 |
| 4.600% due 05/23/2029  | 200 | 191 |
| **MPLX LP** <br>4.950% due 09/01/2032 | 200 | 188 |
| **Netflix, Inc.** <br>4.875% due 04/15/2028 | 200 | 194 |
| **Northrop Grumman Corp.** <br>4.400% due 05/01/2030 | 400 | 385 |
| **NXP BV**  |  |  |
| 4.300% due 06/18/2029  | 200 | 187 |
| 4.875% due 03/01/2024  | 400 | 397 |
| **Open Text Corp.** <br>6.900% due 12/01/2027 | 200 | 200 |
| **Oracle Corp.**  |  |  |
| 1.650% due 03/25/2026 (d)  | 200 | 179 |
| 2.875% due 03/25/2031 (d)  | 300 | 249 |
| 3.250% due 11/15/2027  | 200 | 184 |
| 3.900% due 05/15/2035  | 500 | 420 |
| **Penske Truck Leasing Co. LP** <br>5.875% due 11/15/2027 | 200 | 202 |
| **Petroleos Mexicanos** <br>6.700% due 02/16/2032 | 400 | 315 |
| **Philip Morris International, Inc.** <br>1.750% due 11/01/2030 | 700 | 550 |
| **Quanta Services, Inc.** <br>3.050% due 10/01/2041 | 600 | 396 |
| **RELX Capital, Inc.** <br>3.000% due 05/22/2030 | 300 | 256 |
| **Rogers Communications, Inc.** <br>5.000% due 03/15/2044 | 500 | 431 |
| **ServiceNow, Inc.** <br>1.400% due 09/01/2030 | 500 | 384 |
| **Skyworks Solutions, Inc.** <br>1.800% due 06/01/2026 | 300 | 264 |
| **Southern Co.**  |  |  |
| 1.750% due 03/15/2028  | 300 | 253 |
| 3.750% due 09/15/2051 •  | 700 | 567 |
| **Spectra Energy Partners LP** <br>3.375% due 10/15/2026 | 400 | 373 |
| **Stryker Corp.** <br>1.950% due 06/15/2030 | 700 | 572 |
| **Sysco Corp.**  |  |  |
| 2.400% due 02/15/2030  | 200 | 167 |
| 4.850% due 10/01/2045  | 400 | 355 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.400% due 03/15/2029  | 700 | 592 |
| 3.375% due 04/15/2029  | 500 | 441 |
| 3.600% due 11/15/2060  | 800 | 532 |
| **Targa Resources Corp.** <br>5.200% due 07/01/2027 | 500 | 491 |
| **TransCanada PipeLines Ltd.** <br>4.875% due 01/15/2026 | 500 | 497 |
| **Transurban Finance Co. Pty. Ltd.** <br>4.125% due 02/02/2026 | 100 | 96 |
| **TSMC Arizona Corp.** <br>3.125% due 10/25/2041 | 600 | 468 |
| **UnitedHealth Group, Inc.** <br>4.950% due 05/15/2062 | 400 | 377 |
| **Var Energi ASA** <br>7.500% due 01/15/2028 | 300 | 306 |
| **VeriSign, Inc.** <br>2.700% due 06/15/2031 | 300 | 245 |
| **Volkswagen Group of America Finance LLC** <br>3.350% due 05/13/2025 | 200 | 191 |
| **Walt Disney Co.** <br>5.400% due 10/01/2043 | 700 | 702 |
| **Warnermedia Holdings, Inc.** <br>5.391% due 03/15/2062 | 1000 | 734 |
| **Weibo Corp.** <br>3.500% due 07/05/2024 | 700 | 678 |
| **Weir Group PLC** <br>2.200% due 05/13/2026 | 200 | 178 |
| **Westinghouse Air Brake Technologies Corp.** <br>3.450% due 11/15/2026 | 400 | 372 |
| **Zoetis, Inc.** <br>4.700% due 02/01/2043 | 300 | 270 |
|  |  | 48557 |
| **UTILITIES 6.7%**  |  |  |
| **American Electric Power Co., Inc.** <br>5.950% due 11/01/2032 | 300 | 314 |
| **Appalachian Power Co.** <br>4.500% due 08/01/2032 | 400 | 374 |

---

------

<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **AT** **&T, Inc.** <br>3.800% due 12/01/2057 | 100 | 70 |
| **Brooklyn Union Gas Co.** <br>4.632% due 08/05/2027 | 100 | 96 |
| **Constellation Energy Generation LLC** <br>3.250% due 06/01/2025 | 300 | 287 |
| **Consumers Energy Co.** <br>4.200% due 09/01/2052 | 200 | 172 |
| **DTE Energy Co.** <br>3.400% due 06/15/2029 | 400 | 356 |
| **Duke Energy Carolinas LLC** <br>3.550% due 03/15/2052 | 300 | 226 |
| **Duke Energy Corp.** <br>3.100% due 06/15/2028 | 400 | 402 |
| **EDP Finance BV** <br>6.300% due 10/11/2027 | $200 | 206 |
| **Enel Finance International NV**  |  |  |
| 7.500% due 10/14/2032  | 500 | 530 |
| 7.750% due 10/14/2052  | 200 | 215 |
| **Georgia Power Co.** <br>2.650% due 09/15/2029 | 200 | 171 |
| **Massachusetts Electric Co.** <br>1.729% due 11/24/2030 | 400 | 302 |
| **MidAmerican Energy Co.** <br>4.250% due 07/15/2049 | 600 | 512 |
| **Pacific Gas & Electric Co.**  |  |  |
| 4.000% due 12/01/2046  | 900 | 606 |
| 5.900% due 06/15/2032  | 200 | 196 |
| **Public Service Enterprise Group, Inc.** <br>5.850% due 11/15/2027 | 300 | 309 |
| **Southern California Edison Co.**  |  |  |
| 2.750% due 02/01/2032  | 300 | 252 |
| 2.850% due 08/01/2029  | 100 | 87 |
| 2.950% due 02/01/2051  | 200 | 129 |
| 5.950% due 11/01/2032  | 600 | 636 |
| **Southern Co. Gas Capital Corp.** <br>3.950% due 10/01/2046 | 500 | 377 |
| **Southwest Gas Corp.** <br>5.800% due 12/01/2027 | 300 | 304 |
| **Tampa Electric Co.** <br>3.875% due 07/12/2024 | 100 | 98 |
| **Targa Resources Partners LP** <br>4.875% due 02/01/2031 | 100 | 91 |
| **Verizon Communications, Inc.**  |  |  |
| 3.000% due 11/20/2060  | 300 | 180 |
| 4.329% due 09/21/2028  | 300 | 289 |
| **Vodafone Group PLC** <br>7.875% due 02/15/2030 | 400 | 452 |
| **WEC Energy Group, Inc.** <br>5.150% due 10/01/2027 | 100 | 101 |
| **Wisconsin Electric Power Co.** <br>4.750% due 09/30/2032 | 100 | 98 |
|  |  | 8438 |
| Total Corporate Bonds & Notes (Cost $100,040) |  | 96388 |
| **U.S. TREASURY OBLIGATIONS 7.0%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 2.875% due 05/15/2052 | 1100 | 882 |
| 3.000% due 11/15/2044 | 149 | 123 |
| 3.250% due 05/15/2042 | 3700 | 3245 |
| 3.375% due 08/15/2042 | 2300 | 2056 |
| 4.000% due 11/15/2042 (a) | 2200 | 2155 |
| **U.S. Treasury Notes**  |  |  |
| 4.125% due 11/15/2032 | 325 | 332 |
| Total U.S. Treasury Obligations (Cost $9,580) |  | 8793 |
| **ASSET-BACKED SECURITIES 0.5%**  |  |  |
| **Barings CLO Ltd.** <br>5.029% due 04/15/2031 •  | 300 | 294 |

---

------

<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Ready** **Capital Mortgage Financing LLC** <br>6.875% due 10/25/2039 •  | 300 | 299 |
| Total Asset-Backed Securities (Cost $587) |  | 593 |
| **SHORT-TERM INSTRUMENTS 27.3%**  |  |  |
| **REPURCHASE AGREEMENTS (e) 27.3%** |  | 34200 |
| Total Short-Term Instruments (Cost $34,200) |  | 34200 |
| Total Investments in Securities (Cost $144,407) |  | 139974 |
| Total Investments 111.6% (Cost $144,407) |  | $139974 |
| **Financial Derivative Instruments (f)(g) (0.0)**%(Cost or Premiums, net $40) |  | (34) |
| Other Assets and Liabilities, net (11.6)% |  | (14522) |
| Net Assets 100.0% |  | $125418 |

---

------

<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(c)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(d)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Coupon | Coupon | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets | Market Value<br>as Percentage<br>of Net Assets |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | 3.057 | 3.057 | 01/25/2033 | 01/25/2033 | 12/05/2022 | 12/05/2022 | 414 | 414 | $ | 405 | 405 | 0.32 | % |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | 1.650 | 1.650 | 03/25/2026 | 03/25/2026 | 09/01/2022 | 09/01/2022 | 181 | 181 |  | 179 | 179 | 0.14 |  |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | 2.875 | 2.875 | 03/25/2031 | 03/25/2031 | 10/28/2022 | 10/28/2022 | 239 | 239 |  | 249 | 249 | 0.20 |  |
|  |  |  |  |  |  |  |  | $ | 834 | $ | $ | 833 | 0.66%  | 0.66%  | 0.66%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(e)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Lending<br>Rate | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| SCX | 4.310%  | 01/04/2023 | 17100 | 17100 | &nbsp;&nbsp; U.S. Treasury Bonds 5.250% due 11/15/2028 | &nbsp;&nbsp; U.S. Treasury Bonds 5.250% due 11/15/2028 | &nbsp;&nbsp; U.S. Treasury Bonds 5.250% due 11/15/2028 | &nbsp;&nbsp; U.S. Treasury Bonds 5.250% due 11/15/2028 | &nbsp;&nbsp; U.S. Treasury Bonds 5.250% due 11/15/2028 | (17584) | (17584) | 17100 | $ | $17100 | 17100 |
|  | 4.350  | 01/03/2023 | 17100 | 17100 | &nbsp;&nbsp; U.S. Treasury Bonds 1.625% due 11/15/2050 | &nbsp;&nbsp; U.S. Treasury Bonds 1.625% due 11/15/2050 | &nbsp;&nbsp; U.S. Treasury Bonds 1.625% due 11/15/2050 | &nbsp;&nbsp; U.S. Treasury Bonds 1.625% due 11/15/2050 | &nbsp;&nbsp; U.S. Treasury Bonds 1.625% due 11/15/2050 | (17370) | (17370) | 17100 |  | 17108 | 17108 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  | **(34954)** | **(34954)** | **34200** | **$** | $**34208** | **34208** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(32) at a weighted average interest rate of 3.544%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(f)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability | Liability |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 03/2023 | 88 | 88 | 9498 | 9498 | (25) | (25) | $ | 0 | 0 | $ | (8) | (8) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability | Liability |
| United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | United Kingdom Long Gilt March Futures  | 03/2023 | 1 | 1 | (121) | (121) | 6 | 6 | $ | 0 | 0 | $ | 0 | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(19)** | **(19)** | **$** | **0** | **$** | **$** | **(8)** | **(8)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Fixed <br>Receive Rate | Maturity<br>Date | Implied<br>Credit Spread at<br>December 31, 2022<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset |  | Liability | Liability |
| American International Group, Inc.  | 1.000% | 12/20/2027 | 0.956% | $200 | 200 | $(1) | (1) | 1 | 1 | 0 | 0 | 0 | $ | $0 | 0 |

---

------

<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Fixed <br>Receive Rate | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| CDX.IG-39 5-Year Index  | 1.000% | 12/20/2027 | 12/20/2027 | 16000 | 16000 | 16000 | 44 | $90 | 90 | 90 | $134 | 134 | 134 | 1 | 1 | $0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **43** | $**91** | **91** | **91** | $**134** | **134** | **134** | **1** | **1** | $**0** |
| **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Cash of $844 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received |  | Asset | Asset | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 02/2023  | 386 | 386 | 386 | 386 | 404 | 404 | 404 | $ | 0 | 0 | 0 | 0 | $(10) | (10) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 02/2023  | 200 | 200 | 200 | 200 | 210 | 210 | 210 |  | 0 | 0 | 0 | 0 | (5) | (5) |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 02/2023  | 300 | 300 | 300 | 300 | 317 | 317 | 317 |  | 0 | 0 | 0 | 0 | (5) | (5) |
|  |  | 02/2023  | 287 | 287 | 287 | 287 | 342 | 342 | 342 |  | 0 | 0 | 0 | 0 | (5) | (5) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **$** | **0** | **0** | **0** | **$** | **(25)** | **(25)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.870% | 01/23/2023 | 01/23/2023 | 100 | 100 | 100 | $(1) | (1) | (1) | $ | (1) |
|  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 3.320 | 01/23/2023 | 01/23/2023 | 100 | 100 | 100 | (1) | (1) | (1) |  | (1) |
|  |  |  |  |  |  |  |  |  |  |  |  | $(2) | (2) | (2) | $ | (2) |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date |  | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| SAL | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 01/01/2053  | $101.859 | 101.859 | 101.859 | 01/05/2023 |  | 400 | 400 | 400 | $(1) | (1) | (1) | $ | 0 |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(3)** | **(3)** | **(3)** | **$** | **(2)** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | 0 | 39393 | 39393 | $ | 0 | 0 | $ | $39393 | 39393 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 48557 | 48557 |  | 0 | 0 |  | 48557 | 48557 |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 0 | 8438 | 8438 |  | 0 | 0 |  | 8438 | 8438 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 8793 | 8793 |  | 0 | 0 |  | 8793 | 8793 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 0 | 593 | 593 |  | 0 | 0 |  | 593 | 593 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 0 | 34200 | 34200 |  | 0 | 0 |  | 34200 | 34200 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $0 | 0 | 0 | 139974 | 139974 | $ | 0 | 0 | $ | $139974 | 139974 |  |

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<br> Schedule of Investments Sector Funds: PIMCO Sector Fund Series – I (Cont.) December 31, 2022 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| **Financial** **Derivative Instruments - Assets**  | **Financial** **Derivative Instruments - Assets**  | **Financial** **Derivative Instruments - Assets**  | **Financial** **Derivative Instruments - Assets**  | **Financial** **Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | $0 | $1 | $0 | $1 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | 0 | (8) | 0 | (8) |
| Over the counter | 0 | (27) | 0 | (27) |
|  | $0 | $(35) | $0 | $(35) |
| Total Financial Derivative Instruments | $0 | $(34) | $0 | $(34) |
| Totals | $0 | $139940 | $0 | $139940 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 99.9% ¤** |  |  |
| **CORPORATE BONDS & NOTES 30.7%**  |  |  |
| **BANKING & FINANCE 17.4%**  |  |  |
| **Air Lease Corp.**  |  |  |
| 2.250% due 01/15/2023  | $2700 | $2697 |
| 2.750% due 01/15/2023  | 2500 | 2497 |
| **Avolon Holdings Funding Ltd.** <br>5.500% due 01/15/2023 | 1000 | 997 |
| **Banco Santander SA**  |  |  |
| 3.892% due 05/24/2024  | 6600 | 6465 |
| 5.039% (US0003M + 1.120%) due 04/12/2023 ~  | 6700 | 6701 |
| **Bank of America Corp.**  |  |  |
| 3.301% due 04/24/2024 •(c)  | 15700 | 11518 |
| 4.100% due 07/24/2023  | $3100 | 3087 |
| 5.555% (US0003M + 0.790%) due 03/05/2024 ~  | 27600 | 27587 |
| **Bank of Nova Scotia** <br>4.376% (SOFRRATE + 0.380%) due 07/31/2024 ~ | 900 | 891 |
| **Barclays PLC** <br>4.967% (BBSW3M + 1.800%) due 06/15/2023 ~ | 11500 | 7837 |
| **BNP Paribas SA**  |  |  |
| 3.375% due 01/09/2025  | $3195 | 3077 |
| 3.500% due 03/01/2023  | 1975 | 1970 |
| 3.800% due 01/10/2024  | 10950 | 10764 |
| 4.705% due 01/10/2025 •  | 29324 | 29043 |
| **BPCE SA** <br>1.652% due 10/06/2026 •  | 1300 | 1157 |
| **Brookfield Finance, Inc.** <br>4.000% due 04/01/2024 | 11430 | 11258 |
| **Canadian Imperial Bank of Commerce** <br>5.122% (SOFRRATE + 0.800%) due 03/17/2023 ~ | 5370 | 5376 |
| **Cantor Fitzgerald LP** <br>4.875% due 05/01/2024 | 19034 | 18685 |
| **Charles Schwab Corp.** <br>5.296% (SOFRINDX + 1.050%) due 03/03/2027 ~ | 500 | 487 |
| **Citigroup, Inc.** <br>5.784% (US0003M + 1.023%) due 06/01/2024 ~ | 46113 | 46182 |
| **CK Hutchison International Ltd.** <br>3.250% due 04/11/2024 | 3800 | 3713 |
| **Cooperatieve Rabobank UA** <br>1.980% due 12/15/2027 •  | 4100 | 3569 |
| **Credit Suisse Group AG**  |  |  |
| 4.207% due 06/12/2024 •  | 1650 | 1609 |
| 5.975% (US0003M + 1.240%) due 06/12/2024 ~  | 19000 | 17997 |
| **Danske Bank AS**  |  |  |
| 1.621% due 09/11/2026 •  | 7500 | 6613 |
| 3.875% due 09/12/2023  | 8715 | 8608 |
| 5.375% due 01/12/2024  | 8669 | 8601 |
| 5.795% (US0003M + 1.060%) due 09/12/2023 ~  | 11135 | 11137 |
| **DBS Group Holdings Ltd.** <br>1.169% due 11/22/2024 | 5000 | 4662 |
| **Deutsche Bank AG**  |  |  |
| 0.962% due 11/08/2023  | 4000 | 3850 |
| 3.950% due 02/27/2023  | 950 | 947 |
| 4.162% due 05/13/2025  | 9600 | 9407 |
| 4.486% (BBSW3M + 1.400%) due 01/30/2023 ~  | 600 | 408 |
| **GA Global Funding Trust** <br>1.250% due 12/08/2023 | $7230 | 6940 |
| **General Motors Financial Co., Inc.**  |  |  |
| 1.700% due 08/18/2023  | 8088 | 7904 |
| 3.700% due 05/09/2023  | 1085 | 1080 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 3.625% due 02/20/2024  | 5000 | 4916 |
| 5.442% (US0003M + 0.750%) due 02/23/2023 ~  | 19915 | 19926 |
| 6.334% (US0003M + 1.600%) due 11/29/2023 ~  | 8500 | 8566 |
| **Hana Bank** <br>5.127% (US0003M + 0.800%) due 07/26/2023 ~ | 5000 | 5006 |
| **HSBC Holdings PLC**  |  |  |
| 4.150% (BBSW3M + 1.100%) due 02/16/2024 ~  | 19050 | 12959 |
| 5.674% (US0003M + 1.000%) due 05/18/2024 ~  | $17025 | 16962 |
| 5.965% (US0003M + 1.230%) due 03/11/2025 ~  | 16700 | 16560 |
| 6.115% (US0003M + 1.380%) due 09/12/2026 ~  | 5000 | 4924 |
| **Hyundai Capital Services, Inc.** <br>3.750% due 03/05/2023 | 6400 | 6380 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **ING** **Groep NV**  |  |  |
| 4.100% due 10/02/2023  | 20000 | 19844 |
| 5.754% (US0003M + 1.000%) due 10/02/2023 ~  | 9975 | 10002 |
| 5.963% (SOFRINDX + 1.640%) due 03/28/2026 ~  | 10000 | 9959 |
| **Jackson National Life Global Funding** <br>5.473% (SOFRRATE + 1.150%) due 06/28/2024 ~ | 10000 | 10004 |
| **Kookmin Bank** <br>5.534% (US0003M + 0.780%) due 04/03/2023 ~ | 3000 | 3004 |
| **Lloyds Banking Group PLC**  |  |  |
| 3.900% due 11/23/2023  | 500 | 336 |
| 3.900% due 03/12/2024  | $3300 | 3241 |
| **LSEGA Financing PLC** <br>0.650% due 04/06/2024 | 1800 | 1691 |
| **Metropolitan Life Global Funding**  |  |  |
| 0.400% due 01/07/2024  | 2700 | 2575 |
| 0.900% due 06/08/2023  | 5000 | 4918 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 0.848% due 09/15/2024 •  | 11000 | 10619 |
| 0.953% due 07/19/2025 •  | 14300 | 13295 |
| 5.460% (SOFRRATE + 1.650%) due 07/18/2025 ~  | 12600 | 12649 |
| 5.653% (SOFRRATE + 1.385%) due 09/12/2025 ~  | 7500 | 7501 |
| **Mitsui Fudosan Co. Ltd.** <br>2.950% due 01/23/2023 | 1000 | 999 |
| **Mizuho Financial Group, Inc.**  |  |  |
| 4.899% (US0003M + 0.990%) due 07/10/2024 ~  | 23800 | 23748 |
| 5.345% (US0003M + 0.610%) due 09/08/2024 ~  | 11800 | 11726 |
| 5.387% (US0003M + 0.630%) due 05/25/2024 ~  | 2899 | 2883 |
| **MUFG Bank Ltd.** <br>3.726% (BBSW3M + 0.480%) due 09/26/2024 ~ | 3600 | 2440 |
| **Nationwide Building Society** <br>3.766% due 03/08/2024 •  | $15000 | 14919 |
| **NatWest Group PLC** <br>6.274% (US0003M + 1.550%) due 06/25/2024 ~ | 180 | 180 |
| **Nissan Motor Acceptance Co. LLC** <br>3.875% due 09/21/2023 | 4000 | 3927 |
| **Nomura Holdings, Inc.**  |  |  |
| 1.851% due 07/16/2025  | 22700 | 20711 |
| 2.648% due 01/16/2025  | 19694 | 18610 |
| **ORIX Corp.** <br>3.250% due 12/04/2024 | 800 | 771 |
| **Oversea-Chinese Banking Corp. Ltd.** <br>3.551% (BBSW3M + 0.350%) due 03/18/2024 ~(c) | 2500 | 1698 |
| **Protective Life Global Funding**  |  |  |
| 0.781% due 07/05/2024  | $8000 | 7467 |
| 1.082% due 06/09/2023  | 14700 | 14456 |
| **QNB Finance Ltd.** <br>1.375% due 01/26/2026 | 8500 | 7620 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 1.089% due 03/15/2025 •  | 7000 | 6543 |
| 3.373% due 01/05/2024 •  | 4000 | 4000 |
| 4.796% due 11/15/2024 •  | 5000 | 4918 |
| **Santander U.K. PLC** <br>1.625% due 02/12/2023 | 12000 | 11971 |
| **Societe Generale SA**  |  |  |
| 2.226% due 01/21/2026 •  | 3000 | 2761 |
| 3.871% due 07/15/2023 •  | 19710 | 13416 |
| 4.351% due 06/13/2025  | $1100 | 1076 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 4.191% (BBSW3M + 1.250%) due 10/16/2024 ~  | 16800 | 11414 |
| 4.605% (SOFRRATE + 0.880%) due 01/14/2027 ~  | $20400 | 19983 |
| **Sumitomo Mitsui Trust Bank Ltd.**  |  |  |
| 0.800% due 09/16/2024  | 700 | 647 |
| 0.850% due 03/25/2024  | 34100 | 32268 |
| 4.746% (SOFRRATE + 0.440%) due 09/16/2024 ~  | 8160 | 8110 |
| **Toronto-Dominion Bank** <br>3.226% due 07/24/2024 | 200 | 144 |
| **UBS AG**  |  |  |
| 3.610% (BBSW3M + 0.500%) due 02/26/2026 ~  | 2000 | 1339 |
| 3.956% (BBSW3M + 0.870%) due 07/30/2025 ~  | 15200 | 10332 |
| **UBS Group AG**  |  |  |
| 4.490% due 08/05/2025 •  | $1300 | 1278 |
| 5.706% (SOFRRATE + 1.580%) due 05/12/2026 ~  | 25000 | 25204 |
| **Wells Fargo & Co.**  |  |  |
| 2.164% due 02/11/2026 •  | 12800 | 11943 |
| 2.509% due 10/27/2023 (c)  | 29400 | 21208 |
|  |  | 821868 |
| **INDUSTRIALS 8.8%**  |  |  |
| **7-Eleven, Inc.** <br>0.625% due 02/10/2023 | $8170 | 8128 |
| **Aker BP ASA** <br>2.000% due 07/15/2026 | 5000 | 4423 |
| **BAT Capital Corp.** <br>3.222% due 08/15/2024 | 3003 | 2893 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Bayer** **U.S. Finance LLC**  |  |  |
| 3.875% due 12/15/2023  | 700 | 690 |
| 5.779% (US0003M + 1.010%) due 12/15/2023 ~  | 40400 | 40318 |
| **BMW U.S. Capital LLC** <br>2.250% due 09/15/2023 | 14500 | 14226 |
| **Boeing Co.**  |  |  |
| 1.875% due 06/15/2023  | 7756 | 7640 |
| 4.508% due 05/01/2023  | 39962 | 39893 |
| **Charter Communications Operating LLC**  |  |  |
| 4.908% due 07/23/2025  | 1400 | 1374 |
| 6.090% (US0003M + 1.650%) due 02/01/2024 ~  | 50734 | 50976 |
| **Delta Air Lines, Inc.** <br>7.375% due 01/15/2026 | 16600 | 16988 |
| **DR Horton, Inc.** <br>1.300% due 10/15/2026 | 6000 | 5168 |
| **Gilead Sciences, Inc.** <br>1.200% due 10/01/2027 | 2000 | 1699 |
| **GSK Consumer Healthcare Capital U.S. LLC** <br>3.024% due 03/24/2024 | 5000 | 4855 |
| **Humana, Inc.** <br>1.350% due 02/03/2027 | 4000 | 3464 |
| **Hyundai Capital America**  |  |  |
| 0.800% due 04/03/2023  | 45000 | 44480 |
| 5.750% due 04/06/2023  | 390 | 390 |
| **Imperial Brands Finance PLC**  |  |  |
| 3.125% due 07/26/2024  | 5300 | 5070 |
| 3.500% due 07/26/2026  | 9100 | 8357 |
| 4.250% due 07/21/2025  | 5500 | 5258 |
| **Kia Corp.** <br>3.000% due 04/25/2023 | 1050 | 1043 |
| **Kinder Morgan, Inc.** <br>5.359% (US0003M + 1.280%) due 01/15/2023 ~ | 17502 | 17502 |
| **Leidos, Inc.** <br>2.950% due 05/15/2023 | 14828 | 14711 |
| **Mercedes-Benz Finance North America LLC**  |  |  |
| 0.750% due 03/01/2024  | 7300 | 6935 |
| 5.348% (US0003M + 0.840%) due 05/04/2023 ~  | 23800 | 23804 |
| **Nissan Motor Co. Ltd.** <br>3.043% due 09/15/2023 | 8000 | 7840 |
| **Penske Truck Leasing Co. LP** <br>3.450% due 07/01/2024 | 16700 | 16136 |
| **PepsiCo, Inc.** <br>2.150% due 05/06/2024 (c) | 1900 | 1357 |
| **QatarEnergy Trading LLC** <br>1.375% due 09/12/2026 | $3900 | 3464 |
| **SABIC Capital BV** <br>4.000% due 10/10/2023 | 8191 | 8119 |
| **Siemens Financieringsmaatschappij NV** <br>0.650% due 03/11/2024 | 9700 | 9231 |
| **SK Broadband Co. Ltd.** <br>3.875% due 08/13/2023 | 3500 | 3471 |
| **SK Telecom Co. Ltd.** <br>3.750% due 04/16/2023 | 425 | 423 |
| **Thermo Fisher Scientific, Inc.** <br>4.160% (SOFRINDX + 0.350%) due 04/18/2023 ~ | 24500 | 24446 |
| **TWDC Enterprises 18 Corp.** <br>2.758% due 10/07/2024 (c) | 6500 | 4621 |
| **Woodside Finance Ltd.** <br>3.700% due 09/15/2026 | $5000 | 4682 |
|  |  | 414075 |
| **UTILITIES 4.5%**  |  |  |
| **AT&T, Inc.**  |  |  |
| 4.000% due 11/25/2025 (c)  | 10000 | 7195 |
| 5.540% (US0003M + 0.890%) due 02/15/2023 ~  | $16500 | 16504 |
| 5.915% (US0003M + 1.180%) due 06/12/2024 ~  | 10500 | 10577 |
| **Atmos Energy Corp.**  |  |  |
| 0.625% due 03/09/2023  | 14700 | 14593 |
| 5.103% (US0003M + 0.380%) due 03/09/2023 ~  | 27900 | 27884 |
| **Enel Finance International NV**  |  |  |
| 2.650% due 09/10/2024  | 14186 | 13582 |
| 4.250% due 06/15/2025  | 7990 | 7744 |
| **Mississippi Power Co.** <br>4.623% (SOFRRATE + 0.300%) due 06/28/2024 ~ | 14400 | 14117 |
| **NextEra Energy Capital Holdings, Inc.** <br>5.342% (SOFRINDX + 1.020%) due 03/21/2024 ~ | 33500 | 33320 |
| **Pacific Gas & Electric Co.**  |  |  |
| 3.400% due 08/15/2024  | 1200 | 1152 |
| 3.750% due 02/15/2024  | 5300 | 5193 |
| 3.850% due 11/15/2023  | 5300 | 5226 |
| 4.250% due 08/01/2023  | 5300 | 5274 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Southern** **California Edison Co.** <br>4.963% (SOFRRATE + 0.640%) due 04/03/2023 ~ | 48100 | 48030 |
|  |  | 210391 |
| Total Corporate Bonds & Notes (Cost $1,484,229) |  | 1446334 |
| **MUNICIPAL BONDS & NOTES 0.0%**  |  |  |
| **PENNSYLVANIA 0.0%**  |  |  |
| **Pennsylvania Higher Education Assistance Agency Revenue Bonds, Series 2006** <br>4.488% (US0003M + 0.130%) due 10/25/2036 ~ | 727 | 716 |
| Total Municipal Bonds & Notes (Cost $717) |  | 716 |
| **U.S. GOVERNMENT AGENCIES 13.9%**  |  |  |
| **Fannie Mae**  |  |  |
| 1.250% due 05/25/2043 | 6264 | 5501 |
| 3.240% due 05/25/2058 •  | 3757 | 3611 |
| 3.277% due 07/25/2044 ~ | 1778 | 1722 |
| 3.289% due 11/25/2046 •  | 2063 | 2007 |
| 3.315% due 09/25/2049 •  | 1306 | 1259 |
| 3.316% due 01/25/2045 ~ | 3641 | 3466 |
| 3.398% due 12/25/2046 •  | 1713 | 1672 |
| 3.401% due 09/25/2045 ~ | 4195 | 4098 |
| 3.421% due 05/25/2049 ~ | 14597 | 14176 |
| 3.444% due 03/25/2048 ~ | 1563 | 1495 |
| 3.482% due 11/25/2044 •  | 3575 | 3549 |
| 3.546% due 11/25/2047 ~ | 6937 | 6702 |
| 3.561% due 09/25/2055 •  | 4210 | 4080 |
| 3.677% due 10/25/2044 ~ | 26787 | 25963 |
| 3.684% due 06/25/2048 •  | 7951 | 7770 |
| 3.718% due 07/25/2046 •  | 19031 | 18658 |
| 4.366% due 12/25/2048 •  | 11036 | 10739 |
| 4.689% due 01/25/2048 •  | 1767 | 1719 |
| 4.789% due 09/25/2043 - 08/25/2049 •  | 4021 | 3930 |
| 4.789% due 07/25/2050 ~ | 10632 | 10245 |
| 4.839% due 07/25/2049 - 08/25/2049 •  | 24564 | 23839 |
| 4.889% due 12/25/2049 ~ | 9056 | 8836 |
| 4.889% due 01/25/2050 •  | 357 | 347 |
| **Federal Home Loan Bank**  |  |  |
| 1.110% due 07/27/2026 | 5000 | 4438 |
| 5.300% due 12/06/2024 | 26600 | 26590 |
| 5.400% due 11/01/2024 | 56400 | 56400 |
| **Freddie Mac**  |  |  |
| 1.000% due 02/25/2042 - 09/15/2044 | 54472 | 45759 |
| 1.500% due 12/15/2042 | 3852 | 3172 |
| 2.500% due 10/25/2048 | 2292 | 2043 |
| 3.090% due 03/15/2037 ~ | 23919 | 23097 |
| 3.170% due 01/15/2040 •  | 182 | 176 |
| 3.195% due 02/15/2038 ~ | 41052 | 39969 |
| 3.206% due 07/15/2044 •  | 2817 | 2779 |
| 3.216% due 11/15/2042 ~ | 1351 | 1345 |
| 3.226% due 05/15/2038 •  | 2976 | 2936 |
| 3.232% due 12/15/2036 •  | 2264 | 2176 |
| 3.248% due 06/15/2040 ~ | 2498 | 2423 |
| 3.286% due 05/15/2041 ~ | 2893 | 2809 |
| 3.297% due 05/15/2038 •  | 2210 | 2145 |
| 3.400% due 12/15/2037 •  | 1066 | 1034 |
| 3.478% due 10/15/2037 •  | 8473 | 8383 |
| 3.490% due 09/15/2044 •  | 10450 | 10427 |
| 3.494% due 08/15/2038 •  | 5543 | 5370 |
| 3.517% due 09/15/2038 ~ | 2402 | 2334 |
| 3.560% due 10/15/2037 ~ | 33436 | 33528 |
| 3.644% due 06/15/2038 •  | 12839 | 12890 |
| 3.859% due 01/15/2037 ~ | 250 | 248 |
| 4.718% due 06/15/2035 - 12/15/2046 •  | 11068 | 10775 |
| 4.718% due 05/15/2037 ~ | 472 | 462 |
| 4.748% due 06/15/2036 •  | 861 | 848 |
| 4.768% due 09/15/2048 - 08/15/2049 ~ | 4612 | 4468 |
| 5.310% due 11/15/2024 | 2600 | 2600 |
| 5.360% due 11/22/2024 | 700 | 701 |
| **Ginnie Mae**  |  |  |
| 1.968% due 04/20/2067 ~ | 3056 | 3023 |
| 2.479% due 02/20/2043 •  | 21004 | 20313 |
| 2.500% due 01/20/2049 - 10/20/2049 | 3871 | 3454 |
| 3.000% due 06/20/2051 - 07/20/2051 ~ | 129361 | 111379 |
| 3.379% due 06/20/2067 ~ | 638 | 636 |
| 3.379% due 06/20/2067 •  | 2674 | 2657 |
| 3.575% due 07/20/2067 •  | 5149 | 5123 |
| 3.868% due 08/20/2062 ~ | 2378 | 2361 |
| 4.000% due 07/20/2049 •  | 1379 | 1279 |
| 4.042% due 06/20/2066 ~ | 16 | 16 |
| 4.312% due 06/20/2067 •  | 294 | 287 |
| 4.342% due 04/20/2061 •  | 681 | 677 |
| 4.508% due 09/20/2067 •  | 5131 | 5108 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.542% due 04/20/2070 •  | 12817 | 12363 |
| 4.592% due 08/20/2067 •  | 1532 | 1518 |
| 4.646% due 11/20/2067 ~ | 912 | 909 |
| 4.653% due 03/20/2037 •  | 1078 | 1060 |
| 4.663% due 04/20/2037 ~ | 957 | 938 |
| 4.803% due 04/20/2049 •  | 5756 | 5613 |
| Total U.S. Government Agencies (Cost $695,090) |  | 656423 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 10.0%**  |  |  |
| **280 Park Avenue Mortgage Trust** <br>5.117% due 09/15/2034 •  | 15000 | 14637 |
| **Ashford Hospitality Trust** <br>5.218% due 04/15/2035 •  | 6063 | 5865 |
| **Atrium Hotel Portfolio Trust** <br>5.268% due 06/15/2035 ~ | 5000 | 4831 |
| **Barclays Commercial Real Estate Trust** <br>3.966% due 08/10/2033 | 2000 | 1851 |
| **Beneria Cowen & Pritzer Collateral Funding Corp.** <br>5.117% due 06/15/2038 ~ | 5000 | 4680 |
| **Brass PLC** <br>5.344% due 11/16/2066 ~ | 1763 | 1763 |
| **Bruegel DAC** <br>2.621% due 05/22/2031 •  | 10184 | 10265 |
| **BSREP Commercial Mortgage Trust** <br>5.268% due 08/15/2038 ~ | $4400 | 4139 |
| **BX Commercial Mortgage Trust** <br>5.048% due 10/15/2036 •  | 13485 | 12977 |
| **BX Trust** <br>5.217% due 10/15/2036 ~ | 37600 | 35831 |
| **Canada Square Funding PLC** <br>4.625% due 12/17/2056 •  | 23225 | 27605 |
| **Classic RMBS Trust** <br>1.433% due 11/15/2051 | 6417 | 4512 |
| **Commercial Mortgage Trust** <br>3.373% due 10/10/2048 | $1078 | 1047 |
| **Credit Suisse Commercial Mortgage Trust** <br>5.285% due 06/15/2034 •  | 12746 | 12141 |
| **CSAIL Commercial Mortgage Trust** <br>3.351% due 04/15/2050 | 1951 | 1908 |
| **DBCG Mortgage Trust** <br>5.018% due 06/15/2034 •  | 9000 | 8848 |
| **DROP Mortgage Trust** <br>5.470% due 10/15/2043 •  | 34200 | 32634 |
| **Eurosail PLC** <br>2.165% due 03/13/2045 •  | 822 | 872 |
| **Extended Stay America Trust** <br>5.398% due 07/15/2038 ~ | $56131 | 54597 |
| **Fannie Mae** <br>3.500% due 06/25/2048 | 5557 | 5252 |
| **Finsbury Square Green PLC** <br>4.059% due 12/16/2067 ~ | 5874 | 6894 |
| **GS Mortgage Securities Corp. Trust** <br>3.419% due 10/10/2032 | $6770 | 6595 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 5.078% due 06/15/2038 ~  | 9000 | 8730 |
| 5.118% due 04/15/2038 •  | 8126 | 7923 |
| **Lehman XS Trust** <br>4.929% due 12/25/2035 •  | 379 | 329 |
| **MFA Trust**  |  |  |
| 1.131% due 07/25/2060 ~  | 22805 | 20085 |
| 1.381% due 04/25/2065 ~  | 7021 | 6329 |
| **New Residential Mortgage Loan Trust** <br>3.500% due 12/25/2057 ~ | 3122 | 2957 |
| **RESIMAC Bastille Trust** <br>4.822% due 02/03/2053 ~ | 23185 | 22934 |
| **Starwood Mortgage Residential Trust** <br>1.486% due 04/25/2065 ~ | 1249 | 1149 |
| **Stratton Mortgage Funding PLC** <br>3.826% due 07/20/2060 •  | 7184 | 8611 |
| **Taurus UK DAC** <br>4.101% due 05/17/2031 ~ | 15784 | 17968 |
| **Towd Point Mortgage Funding** <br>4.171% due 05/20/2045 •  | 17989 | 21422 |
| **Towd Point Mortgage Trust**  |  |  |
| 1.636% due 04/25/2060 ~  | $46404 | 40865 |
| 2.710% due 01/25/2060 ~  | 14982 | 13802 |
| 2.900% due 10/25/2059 ~  | 5803 | 5416 |
| 3.773% due 02/25/2057 •  | 829 | 821 |
| **UWM Mortgage Trust** <br>4.471% due 12/25/2051 •  | 12004 | 11134 |
| **VASA Trust** <br>5.218% due 07/15/2039 •  | 14500 | 13405 |
| **Verus Securitization Trust** <br>1.262% due 10/25/2063 ~ | 322 | 290 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Wells** **Fargo Commercial Mortgage Trust** <br>5.370% due 12/13/2031 •  | 5000 | 4934 |
| **Wells Fargo-RBS Commercial Mortgage Trust** <br>4.886% due 08/15/2047 ~ | 4317 | 4303 |
| Total Non-Agency Mortgage-Backed Securities (Cost $513,972) |  | 473151 |
| **ASSET-BACKED SECURITIES 18.4%**  |  |  |
| **522 Funding CLO Ltd.** <br>5.283% due 10/20/2031 •  | 30300 | 29767 |
| **American Money Management Corp. CLO Ltd.**  |  |  |
| 4.991% due 04/14/2029 •  | 257 | 255 |
| 5.542% due 11/10/2030 •  | 10000 | 9855 |
| **Apidos CLO** <br>5.009% due 07/17/2030 ~ | 15000 | 14839 |
| **Ares CLO Ltd.** <br>5.129% due 01/15/2032 ~ | 2300 | 2250 |
| **Ares European CLO DAC**  |  |  |
| 2.038% due 10/15/2030 ~  | 21234 | 22185 |
| 2.158% due 10/15/2031 •  | 16300 | 16912 |
| **Benefit Street Partners CLO Ltd.** <br>5.109% due 01/17/2032 ~ | $4950 | 4847 |
| **Birch Grove CLO Ltd.** <br>5.899% due 06/15/2031 ~ | 10000 | 9840 |
| **Black Diamond CLO DAC**  |  |  |
| 2.316% due 01/20/2032 ~  | 1446 | 1514 |
| 2.834% due 10/03/2029 •  | 223 | 238 |
| **Blackrock European CLO DAC** <br>1.998% due 10/15/2031 ~ | 33400 | 34668 |
| **BMW Canada Auto Trust** <br>0.502% due 07/20/2024 | 9717 | 7072 |
| **BXMT Ltd.** <br>5.322% due 11/15/2037 ~ | $25000 | 24617 |
| **Cairn CLO DAC**  |  |  |
| 2.158% due 10/15/2031 ~  | 25800 | 27035 |
| 2.178% due 04/30/2031 ~  | 23880 | 24933 |
| **Carlyle Euro CLO DAC**  |  |  |
| 2.428% due 08/15/2030 •  | 498 | 521 |
| 2.688% due 08/15/2032 ~  | 5500 | 5719 |
| **Carlyle Global Market Strategies Euro CLO DAC** <br>2.548% due 11/15/2031 ~ | 23300 | 24171 |
| **Carlyle U.S. CLO Ltd.** <br>5.243% due 04/20/2031 •  | $10000 | 9841 |
| **Carrington Mortgage Loan Trust** <br>5.363% due 10/20/2029 •  | 12145 | 12000 |
| **Chesapeake Funding LLC** <br>1.950% due 09/15/2031 | 645 | 644 |
| **CNH Equipment Trust** <br>2.520% due 08/15/2024 | 1007 | 1006 |
| **Commonbond Student Loan Trust** <br>2.550% due 05/25/2041 | 233 | 217 |
| **Dell Equipment Finance Trust** <br>0.530% due 12/22/2026 | 3800 | 3642 |
| **Discover Card Execution Note Trust** <br>5.030% due 10/15/2027 | 15000 | 15162 |
| **Dryden Euro CLO DAC**  |  |  |
| 2.038% due 04/15/2033 •  | 20300 | 21083 |
| 2.622% due 05/15/2034 •  | 17300 | 17998 |
| **Dryden Senior Loan Fund**  |  |  |
| 5.059% due 04/15/2028 ~  | $8511 | 8431 |
| 5.099% due 04/15/2029 ~  | 1552 | 1535 |
| **ECMC Group Student Loan Trust** <br>5.139% due 02/27/2068 •  | 13326 | 12682 |
| **Enterprise Fleet Financing LLC**  |  |  |
| 1.780% due 12/22/2025  | 3375 | 3360 |
| 5.760% due 10/22/2029  | 6000 | 6032 |
| **Ford Auto Securitization Trust** <br>0.887% due 08/15/2024 | 5944 | 4346 |
| **Gallatin CLO Ltd.**  |  |  |
| 5.169% due 07/15/2031 ~  | $18980 | 18653 |
| 5.328% due 01/21/2028 •  | 7528 | 7467 |
| **GMF Canada Leasing Trust** <br>0.641% due 03/20/2024 | 6808 | 5011 |
| **GMF Floorplan Owner Revolving Trust**  |  |  |
| 0.680% due 08/15/2025  | $3100 | 3011 |
| 0.690% due 10/15/2025  | 3000 | 2892 |
| **Golden Credit Card Trust** <br>4.310% due 09/15/2027 | 22000 | 21667 |
| **GoldenTree Loan Management EUR CLO DAC** <br>2.356% due 01/20/2032 •  | 4700 | 4866 |
| **GPMT Ltd.** <br>5.711% due 12/15/2036 •  | $3200 | 3096 |
| **Harvest CLO DAC**  |  |  |
| 1.040% due 07/15/2031  | 250 | 242 |
| 2.138% due 07/15/2031 •  | 17050 | 17626 |
| 2.433% due 11/18/2029 •  | 1405 | 1484 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **HERA** **Commercial Mortgage Ltd.** <br>5.389% due 02/18/2038 ~ | $4000 | 3874 |
| **Hertz Vehicle Financing LLC** <br>1.210% due 12/26/2025 | 26100 | 24137 |
| **Hyundai Auto Receivables Trust** <br>4.587% (SOFR30A + 0.780%) due 11/17/2025 ~ | 1200 | 1204 |
| **Jubilee CLO DAC**  |  |  |
| 1.978% due 04/15/2030 ~  | 9900 | 10369 |
| 1.988% due 04/15/2030 •  | 15300 | 16010 |
| 2.028% due 04/15/2031 •  | 7400 | 7551 |
| 2.846% due 12/15/2029 •  | 5232 | 5496 |
| **LCCM Trust** <br>5.518% due 12/13/2038 ~ | $14400 | 13972 |
| **LCM LP** <br>5.283% due 10/20/2027 •  | 1803 | 1794 |
| **LCM Ltd.** <br>5.323% due 04/20/2031 ~ | 10850 | 10604 |
| **LoanCore Issuer Ltd.** <br>5.618% due 07/15/2036 •  | 1400 | 1349 |
| **Madison Park Funding Ltd.** <br>5.155% due 04/22/2027 ~ | 8114 | 8032 |
| **Man GLG Euro CLO DAC** <br>2.058% due 10/15/2030 •  | 3379 | 3534 |
| **Marathon CLO Ltd.** <br>5.545% due 11/21/2027 •  | $179 | 179 |
| **Master Credit Card Trust** <br>4.844% due 07/21/2024 •  | 10000 | 10000 |
| **MBarc Credit Canada, Inc.** <br>0.630% due 05/15/2024 | 14099 | 10286 |
| **MF1 Ltd.** <br>6.150% due 11/15/2035 ~ | $19045 | 18801 |
| **MidOcean Credit CLO** <br>5.445% due 01/29/2030 •  | 12026 | 11887 |
| **MMAF Equipment Finance LLC** <br>4.924% due 12/01/2023 | 9911 | 9911 |
| **Mountain View CLO Ltd.** <br>4.761% due 10/13/2027 •  | 764 | 765 |
| **Navient Private Education Loan Trust** <br>5.568% due 02/15/2029 ~ | 77 | 77 |
| **Navient Private Education Refi Loan Trust**  |  |  |
| 1.310% due 01/15/2069  | 12686 | 11395 |
| 1.580% due 04/15/2070  | 10180 | 8633 |
| 1.690% due 05/15/2069  | 5942 | 5350 |
| 5.318% due 04/15/2069 ~  | 4748 | 4623 |
| **Navient Student Loan Trust**  |  |  |
| 4.739% due 03/25/2067 •  | 307 | 307 |
| 5.139% due 03/25/2066 •  | 152 | 152 |
| **Nelnet Student Loan Trust**  |  |  |
| 5.089% due 09/27/2038 ~  | 12051 | 11715 |
| 5.239% due 02/25/2066 ~  | 7797 | 7654 |
| **OAK Hill European Credit Partners DAC** <br>2.186% due 01/20/2032 •  | 3639 | 3802 |
| **Oak Hill European Credit Partners DAC** <br>2.196% due 10/20/2031 •  | 18400 | 19111 |
| **Palmer Square European Loan Funding DAC**  |  |  |
| 2.108% due 07/15/2031 •  | 7472 | 7787 |
| 2.158% due 04/15/2031 •  | 5121 | 5330 |
| **SLM Student Loan Trust**  |  |  |
| 4.478% due 01/25/2027 •  | $353 | 352 |
| 4.839% due 06/25/2043 ~  | 16703 | 15961 |
| 4.958% due 10/25/2029 •  | 16088 | 15951 |
| 5.039% due 06/26/2028 •  | 9405 | 9179 |
| 5.039% due 12/27/2038 ~  | 9079 | 8710 |
| **SMB Private Education Loan Trust**  |  |  |
| 1.290% due 07/15/2053  | 11231 | 9916 |
| 2.340% due 09/15/2034  | 2391 | 2278 |
| 2.430% due 02/17/2032  | 2771 | 2649 |
| 2.700% due 05/15/2031  | 2564 | 2456 |
| 5.418% due 07/15/2053 ~  | 1373 | 1331 |
| **SoFi Professional Loan Program LLC** <br>5.089% due 03/26/2040 •  | 80 | 80 |
| **Sound Point CLO Ltd.** <br>5.293% due 10/20/2028 •  | 11279 | 11190 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>4.959% due 05/25/2035 •  | 922 | 917 |
| **Symphony CLO Ltd.** <br>4.959% due 04/15/2028 •  | 3148 | 3126 |
| **Tikehau CLO DAC** <br>2.596% due 08/04/2034 ~ | 4550 | 4728 |
| **Toyota Auto Receivables Owner Trust** <br>5.026% due 01/15/2026 •  | $23300 | 23360 |
| **Venture CLO Ltd.**  |  |  |
| 4.959% due 04/15/2027 ~  | 5946 | 5937 |
| 5.139% due 07/15/2031 ~  | 7850 | 7740 |
| 5.343% due 01/20/2029 •  | 13046 | 12895 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **VMC** **Finance LLC** <br>5.439% due 06/16/2036 ~ | 4953 | 4649 |
| **Voya Euro CLO DAC** <br>2.128% due 10/15/2030 •  | 1449 | 1519 |
| Total Asset-Backed Securities (Cost $930,660) |  | 865847 |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **CPPIB Capital, Inc.** <br>4.125% due 10/21/2024 | $37300 | 36873 |
| **Industrial Bank of Korea** <br>2.125% due 10/23/2024 | 1600 | 1521 |
| **Israel Government International Bond**  |  |  |
| 1.500% due 11/30/2023  | 9200 | 2568 |
| 4.250% due 03/31/2023  | 5800 | 1652 |
| **Korea Development Bank** <br>0.500% due 10/27/2023 | $1700 | 1643 |
| **Korea National Oil Corp.** <br>4.954% (US0003M + 0.875%) due 07/16/2023 ~ | 18470 | 18500 |
| Total Sovereign Issues (Cost $63,501) |  | 62757 |
| **SHORT-TERM INSTRUMENTS 25.6%**  |  |  |
| **COMMERCIAL PAPER 15.0%**  |  |  |
| **American Electric Power Co., Inc.** <br>4.800% due 01/19/2023 | 8050 | 8029 |
| **American Electric Power, Inc.** <br>4.720% due 01/04/2023 | 51000 | 50968 |
| **AT&T, Inc.** <br>4.650% due 01/03/2023 | 4700 | 4698 |
| **Bank of Nova Scotia**  |  |  |
| 4.318% due 02/01/2023  | 33700 | 24786 |
| 4.519% due 02/28/2023  | 22200 | 16270 |
| **Consolidated Edison Co. of New York, Inc.**  |  |  |
| 4.800% due 01/17/2023  | $11100 | 11074 |
| 4.800% due 01/18/2023  | 11900 | 11871 |
| 4.800% due 01/19/2023  | 12100 | 12069 |
| 4.800% due 01/20/2023  | 12100 | 12067 |
| **Constellation Brands, Inc.**  |  |  |
| 5.000% due 01/09/2023  | 18550 | 18525 |
| 5.000% due 01/10/2023  | 18550 | 18522 |
| **Crown Castle, Inc.**  |  |  |
| 5.100% due 01/05/2023  | 20400 | 20383 |
| 5.100% due 01/09/2023  | 31000 | 30958 |
| **Dominion Energy, Inc.** <br>4.750% due 01/31/2023 | 9300 | 9261 |
| **Duke Energy Corp.**  |  |  |
| 4.620% due 01/11/2023  | 5400 | 5392 |
| 4.620% due 01/17/2023  | 15300 | 15265 |
| 4.650% due 01/09/2023  | 15100 | 15081 |
| **Electricite de France SA** <br>5.000% due 01/20/2023 | 47200 | 47072 |
| **Energy Transfer LP** <br>5.080% due 01/05/2023 | 24000 | 23981 |
| **Entergy Corp.** <br>4.750% due 01/11/2023 | 20150 | 20119 |
| **Fiserv, Inc.**  |  |  |
| 4.630% due 01/09/2023  | 18300 | 18277 |
| 4.780% due 01/23/2023  | 25900 | 25820 |
| **Humana, Inc.** <br>4.850% due 01/05/2023 | 5300 | 5296 |
| **ORACLE Corp.** <br>4.760% due 01/27/2023 | 47700 | 47529 |
| **Quanta Services, Inc.**  |  |  |
| 5.100% due 01/09/2023  | 7800 | 7789 |
| 5.100% due 01/11/2023  | 7800 | 7787 |
| 5.100% due 01/13/2023  | 7800 | 7785 |
| **Royal Bank of Canada**  |  |  |
| 4.291% due 01/31/2023  | 36000 | 26479 |
| 4.369% due 01/09/2023  | 41200 | 30390 |
| **Targa Resources Corp.** <br>5.250% due 01/13/2023 | $23400 | 23361 |
| **Thomson Reuters Corp.** <br>4.770% due 01/25/2023 | 41250 | 41116 |
| **Toronto-Dominion Bank** <br>4.355% due 01/09/2023 | 7700 | 5680 |
| **VW Credit, Inc.**  |  |  |
| 4.750% due 01/25/2023  | $20650 | 20580 |
| 4.800% due 01/26/2023  | 26600 | 26506 |
| **Walgreens Boots Alliance, Inc.**  |  |  |
| 4.900% due 01/11/2023  | 15000 | 14977 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.950% due 01/18/2023  | 20000 | 19950 |
|  |  | 705713 |
| **REPURCHASE AGREEMENTS (d) 0.7%** |  | 34261 |
| **SHORT-TERM NOTES 3.2%**  |  |  |
| **Federal Home Loan Bank**<br>4.345% due 03/06/2023 •(f) | 149700 | 149711 |
| **JAPAN TREASURY BILLS 5.6%**  |  |  |
| (0.171)% due 01/11/2023 - 01/16/2023 (a)(b) | 34590000 | 263578 |
| **U.S. TREASURY BILLS 1.1%**  |  |  |
| 4.040% due 01/05/2023 - 03/02/2023 (a)(b)(h) | $50758 | 50568 |
| Total Short-Term Instruments (Cost $1,175,505) |  | 1203831 |
| Total Investments in Securities (Cost $4,863,674) |  | 4709059 |
| Total Investments 99.9% (Cost $4,863,674) |  | $4709059 |
| **Financial Derivative Instruments (e)(g) (0.8)**%(Cost or Premiums, net $(1345)) |  | (36643) |
| Other Assets and Liabilities, net 0.9% |  | 42578 |
| Net Assets 100.0% |  | $4714994 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(b)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(c)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description | Coupon | Coupon | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets | Market Value<br>as Percentage<br>of Net Assets |
| AT&T, Inc. | AT&T, Inc. | AT&T, Inc. | AT&T, Inc. | AT&T, Inc. | 4.000 | 4.000 | 11/25/2025 | 11/25/2025 | 11/25/2025 | 10/02/2020 | 10/02/2020 | 7993 | 7993 | 7993 | $ | 7195 | 7195 | 0.15 | % |
| Bank of America Corp. | Bank of America Corp. | Bank of America Corp. | Bank of America Corp. | Bank of America Corp. | 3.301 | 3.301 | 04/24/2024 | 04/24/2024 | 04/24/2024 | 10/16/2020 - 02/09/2022 | 10/16/2020 - 02/09/2022 | 12057 | 12057 | 12057 |  | 11518 | 11518 | 0.24 |  |
| Oversea-Chinese Banking Corp. Ltd. | Oversea-Chinese Banking Corp. Ltd. | Oversea-Chinese Banking Corp. Ltd. | Oversea-Chinese Banking Corp. Ltd. | Oversea-Chinese Banking Corp. Ltd. | 3.551 | 3.551 | 03/18/2024 | 03/18/2024 | 03/18/2024 | 11/04/2021 | 11/04/2021 | 1850 | 1850 | 1850 |  | 1698 | 1698 | 0.04 |  |
| PepsiCo, Inc. | PepsiCo, Inc. | PepsiCo, Inc. | PepsiCo, Inc. | PepsiCo, Inc. | 2.150 | 2.150 | 05/06/2024 | 05/06/2024 | 05/06/2024 | 10/21/2020 | 10/21/2020 | 1472 | 1472 | 1472 |  | 1357 | 1357 | 0.03 |  |
| TWDC Enterprises 18 Corp. | TWDC Enterprises 18 Corp. | TWDC Enterprises 18 Corp. | TWDC Enterprises 18 Corp. | TWDC Enterprises 18 Corp. | 2.758 | 2.758 | 10/07/2024 | 10/07/2024 | 10/07/2024 | 09/28/2020 - 11/30/2020 | 09/28/2020 - 11/30/2020 | 5110 | 5110 | 5110 |  | 4621 | 4621 | 0.10 |  |
| Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. | 2.509 | 2.509 | 10/27/2023 | 10/27/2023 | 10/27/2023 | 10/15/2020 - 03/29/2021 | 10/15/2020 - 03/29/2021 | 23356 | 23356 | 23356 |  | 21208 | 21208 | 0.45 |  |
|  |  |  |  |  |  |  |  |  |  |  | $ | 51838 | 51838 | $ | $ | 47597 | 1.01%  | 1.01%  | 1.01%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(d)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | FICC | 1.900%  | 01/03/2023 | 3752 | 3752 | 3752 | 3752 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | (3827) | (3827) | (3827) | 3752 | $ | $3753 | 3753 |
| IND | IND | 4.290  | 01/03/2023 | 26500 | 26500 | 26500 | 26500 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | (27408) | (27408) | (27408) | 26500 |  | 26512 | 26512 |
| SSB | SSB | 1.900  | 01/03/2023 | 4009 | 4009 | 4009 | 4009 | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | (4089) | (4089) | (4089) | 4009 |  | 4010 | 4010 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  | **(35324)** | **(35324)** | **(35324)** | **34261** | **$** | $**34275** | **34275** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. |
| **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended December 31, 2022 was $(57595) at a weighted average interest rate of 0.788%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(e)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability | Liability |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2023 | 09/2023 | 4689 | 4689 | 4689 | $1114106 | 1114106 | (164) | (164) | (164) | $ | $0 | 0 | $ | (410) | (410) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability | Liability |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2024 | 09/2024 | 1969 | 1969 | 1969 | $(473692) | (473692) | 1090 | 1090 | 1090 | $ | $49 | 49 | $ | 0 | 0 |
| U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | U.S. Treasury 2-Year Note March Futures  | 03/2023 | 03/2023 | 2113 | 2113 | 2113 | (433330) | (433330) | 736 | 736 | 736 |  | 330 | 330 |  | 0 | 0 |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 03/2023 | 03/2023 | 4402 | 4402 | 4402 | (475106) | (475106) | 738 | 738 | 738 |  | 378 | 378 |  | 0 | 0 |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 03/2023 | 03/2023 | 74 | 74 | 74 | (9939) | (9939) | 22 | 22 | 22 |  | 37 | 37 |  | 0 | 0 |
| U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | 03/2023 | 03/2023 | 316 | 316 | 316 | (37377) | (37377) | 254 | 254 | 254 |  | 20 | 20 |  | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 2840 | 2840 | $ | $ | 814 | $ | $ | 0 | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **2676** | **2676** | **$** | **$** | **814** | **$** | **$** | **(410)** | **(410)** |

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------

<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - BUY PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Fixed <br>(Pay) Rate | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(2)</sup> | Notional<br>Amount<sup>(2)</sup> |  | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(3)</sup> | Market<br>Value<sup>(3)</sup> | Asset | Asset | Liability |
| CDX.IG-37 5-Year Index  | (1.000)% | 12/20/2026 | 12/20/2026 | 12/20/2026 | $ | 59000 | 59000 | $ | (1345) | (1345) | 671 | 671 | (674) | (674) | 6 | 6 | 0 |
| **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** | **INTEREST RATE SWAPS - BASIS SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay Floating Rate Index | Receive Floating Rate Index | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount |  | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| 3-Month USD-LIBOR | 01-Month USD-LIBOR + 0.098% | Quarterly | Quarterly | 01/13/2023 | 01/13/2023 | $833000 | 833000 | $ | 0 | 0 | (27) | (27) | $(27) | (27) | 0 | 0 | $(42) |
| 3-Month USD-LIBOR | 01-Month USD-LIBOR + 0.098% | Quarterly | Quarterly | 01/13/2023 | 01/13/2023 | 637200 | 637200 |  | 0 | 0 | (22) | (22) | (22) | (22) | 0 | 0 | (33) |
|  |  |  |  |  |  |  |  | $ | 0 | 0 | (49) | (49) | (49) | (49) | 0 | 0 | (75) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(1345)** | **(1345)** | **622** | **622** | **(723)** | **(723)** | **6** | **6** | **(75)** |
| **(f)** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $635 and cash of $14,561 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(3)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received |  | Asset | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 01/2023  | CAD | 41200 | 41200 | 41200 | 41200 | 41200 | $30204 | 30204 | 30204 | $ | 0 | 0 | 0 | $(238) | (238) |
|  |  | 01/2023  | $ | $10828 | 10828 | 10828 | 10828 | 10828 | 14741 | 14741 | 14741 |  | 64 | 64 | 64 | 0 | 0 |
|  |  | 02/2023  | CAD | 22200 | 22200 | 22200 | 22200 | 22200 | $16411 | 16411 | 16411 |  | 2 | 2 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 01/2023  | $ | $2007 | 2007 | 2007 | 2007 | 2007 | 1665 | 1665 | 1665 |  | 2 | 2 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 01/2023  | ILS | 5 | 5 | 5 | 5 | 5 | $2 | 2 | 2 |  | 0 | 0 | 0 | 0 | 0 |
|  |  | 02/2023  | AUD | 92425 | 92425 | 92425 | 92425 | 92425 | 61873 | 61873 | 61873 |  | 0 | 0 | 0 | (1171) | (1171) |
|  |  | 03/2023  | ILS | 5993 | 5993 | 5993 | 5993 | 5993 | 1757 | 1757 | 1757 |  | 46 | 46 | 46 | 0 | 0 |
|  |  | 11/2023  |  | 9052 | 9052 | 9052 | 9052 | 9052 | 2743 | 2743 | 2743 |  | 120 | 120 | 120 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | CAD | 8262 | 8262 | 8262 | 8262 | 8262 | 6057 | 6057 | 6057 |  | 0 | 0 | 0 | (48) | (48) |
|  |  | 01/2023  | EUR | 297666 | 297666 | 297666 | 297666 | 297666 | 311975 | 311975 | 311975 |  | 0 | 0 | 0 | (6649) | (6649) |
|  |  | 01/2023  | JPY | 37700 | 37700 | 37700 | 37700 | 37700 | 279 | 279 | 279 |  | 0 | 0 | 0 | (10) | (10) |
|  |  | 01/2023  | $ | $1123 | 1123 | 1123 | 1123 | 1123 | 1533 | 1533 | 1533 |  | 10 | 10 | 10 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 01/2023  |  | 2381 | 2381 | 2381 | 2381 | 2381 | 3242 | 3242 | 3242 |  | 14 | 14 | 14 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | &nbsp;&nbsp;&nbsp;&nbsp; RYL | 01/2023  | JPY | 34590000 | 34590000 | 34590000 | 34590000 | 34590000 | $235715 | 235715 | 235715 |  | 0 | 0 | 0 | (28763) | (28763) |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 01/2023  | CAD | 35912 | 35912 | 35912 | 35912 | 35912 | 26731 | 26731 | 26731 |  | 196 | 196 | 196 | 0 | 0 |
|  |  | 01/2023  | $ | $1115 | 1115 | 1115 | 1115 | 1115 | 1046 | 1046 | 1046 |  | 5 | 5 | 5 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; TOR | &nbsp;&nbsp;&nbsp;&nbsp; TOR | 01/2023  | CAD | 127290 | 127290 | 127290 | 127290 | 127290 | $94162 | 94162 | 94162 |  | 455 | 455 | 455 | (350) | (350) |
|  |  | 01/2023  | GBP | 69719 | 69719 | 69719 | 69719 | 69719 | 83822 | 83822 | 83822 |  | 0 | 0 | 0 | (335) | (335) |
|  |  | 02/2023  | CAD | 33700 | 33700 | 33700 | 33700 | 33700 | 24576 | 24576 | 24576 |  | 0 | 0 | 0 | (328) | (328) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **$** | **914** | **914** | **$** | **(37892)** | **(37892)** |
| **(h)** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $30,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | 0 | $ | 821868 | $ | 0 | $ | $821868 | 821868 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 |  | 414075 |  | 0 |  | 414075 | 414075 |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 0 |  | 210391 |  | 0 |  | 210391 | 210391 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |  |

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<br> Consolidated Schedule of Investments PIMCO Short Asset Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| Pennsylvania | 0 | 716 | 0 | 716 |
| U.S. Government Agencies | 0 | 656423 | 0 | 656423 |
| Non-Agency Mortgage-Backed Securities | 0 | 473151 | 0 | 473151 |
| Asset-Backed Securities | 0 | 865847 | 0 | 865847 |
| Sovereign Issues | 0 | 62757 | 0 | 62757 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Commercial Paper | 0 | 705713 | 0 | 705713 |
| Repurchase Agreements | 0 | 34261 | 0 | 34261 |
| Short-Term Notes | 0 | 149711 | 0 | 149711 |
| Japan Treasury Bills | 0 | 263578 | 0 | 263578 |
| U.S. Treasury Bills | 0 | 50568 | 0 | 50568 |
| Total Investments | $0 | $4709059 | $0 | $4709059 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 0 | 820 | 0 | 820 |
| Over the counter | 0 | 914 | 0 | 914 |
|  | $0 | $1734 | $0 | $1734 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | 0 | (485) | 0 | (485) |
| Over the counter | 0 | (37892) | 0 | (37892) |
|  | $0 | $(38377) | $0 | $(38377) |
| Total Financial Derivative Instruments | $0 | $(36643) | $0 | $(36643) |
| Totals | $0 | $4672416 | $0 | $4672416 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO Short-Term Floating NAV Portfolio II December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 117.6% ¤** |  |  |
| **CORPORATE BONDS & NOTES 18.8%**  |  |  |
| **BANKING & FINANCE 12.8%**  |  |  |
| **AerCap Ireland Capital DAC** <br>4.500% due 09/15/2023 | $19600 | $19477 |
| **AIA Group Ltd.** <br>3.125% due 03/13/2023 | 10660 | 10623 |
| **American Honda Finance Corp.**  |  |  |
| 0.650% due 09/08/2023  | 100 | 97 |
| 1.950% due 05/10/2023  | 1200 | 1186 |
| 4.815% (US0003M + 0.150%) due 02/22/2023 ~  | 3000 | 2999 |
| **Banco Santander SA**  |  |  |
| 3.848% due 04/12/2023  | 20801 | 20692 |
| 5.039% (US0003M + 1.120%) due 04/12/2023 ~  | 8000 | 8001 |
| **Bank of America Corp.**  |  |  |
| 1.486% due 05/19/2024 •  | 6332 | 6234 |
| 3.864% due 07/23/2024 •  | 16000 | 15859 |
| **Bank of Nova Scotia**  |  |  |
| 1.950% due 02/01/2023  | 700 | 698 |
| 4.376% (SOFRRATE + 0.380%) due 07/31/2024 ~  | 2600 | 2573 |
| **Banque Federative du Credit Mutuel SA** <br>0.650% due 02/27/2024 | 4600 | 4357 |
| **BNP Paribas SA** <br>3.500% due 03/01/2023 | 3000 | 2993 |
| **BOC Aviation Ltd.** <br>5.849% (US0003M + 1.125%) due 09/26/2023 ~ | 1300 | 1298 |
| **Canadian Imperial Bank of Commerce**  |  |  |
| 0.450% due 06/22/2023  | 30628 | 29993 |
| 5.122% (SOFRRATE + 0.800%) due 03/17/2023 ~  | 4099 | 4104 |
| **Caterpillar Financial Services Corp.** <br>5.116% (US0003M + 0.510%) due 05/15/2023 ~ | 1400 | 1401 |
| **Citigroup, Inc.**  |  |  |
| 5.750% (US0003M + 1.100%) due 05/17/2024 ~  | 3200 | 3205 |
| 5.784% (US0003M + 1.023%) due 06/01/2024 ~  | 8800 | 8813 |
| **CK Hutchison International Ltd.**  |  |  |
| 2.750% due 03/29/2023  | 5300 | 5271 |
| 3.250% due 04/11/2024  | 2000 | 1954 |
| **CNH Industrial Capital LLC** <br>1.950% due 07/02/2023 | 2393 | 2353 |
| **Cooperatieve Rabobank UA** <br>4.389% (US0003M + 0.480%) due 01/10/2023 ~ | 2900 | 2900 |
| **Credit Agricole SA** <br>5.345% (US0003M + 1.020%) due 04/24/2023 ~ | 3200 | 3203 |
| **Credit Suisse AG**  |  |  |
| 1.000% due 05/05/2023  | 5000 | 4885 |
| 4.441% (SOFRRATE + 0.390%) due 02/02/2024 ~  | 4500 | 4306 |
| 4.495% (SOFRINDX + 0.380%) due 08/09/2023 ~  | 43300 | 42252 |
| **Danske Bank AS**  |  |  |
| 3.875% due 09/12/2023  | 18114 | 17892 |
| 5.375% due 01/12/2024  | 8645 | 8577 |
| 5.795% (US0003M + 1.060%) due 09/12/2023 ~  | 2800 | 2801 |
| **Deutsche Bank AG** <br>3.950% due 02/27/2023 | 31200 | 31094 |
| **Dexia Credit Local SA** <br>3.250% due 09/26/2023 | 2000 | 1977 |
| **Discover Bank** <br>3.350% due 02/06/2023 | 5000 | 4991 |
| **European Investment Bank**  |  |  |
| 4.200% due 01/30/2023 •  | 3685 | 3686 |
| 4.201% due 01/30/2023 •  | 117000 | 117017 |
| 4.327% (US0003M + 0.100%) due 01/19/2023 ~  | 26000 | 25997 |
| **General Motors Financial Co., Inc.**  |  |  |
| 3.250% due 01/05/2023  | 34730 | 34728 |
| 3.700% due 05/09/2023  | 25492 | 25369 |
| 4.150% due 06/19/2023  | 40571 | 40361 |
| 4.250% due 05/15/2023  | 15458 | 15396 |
| 5.360% (SOFRRATE + 1.200%) due 11/17/2023 ~  | 26000 | 25933 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 0.523% due 03/08/2023  | 1100 | 1092 |
| 1.217% due 12/06/2023  | 14700 | 14195 |
| 3.625% due 02/20/2024  | 5800 | 5702 |
| 5.442% (US0003M + 0.750%) due 02/23/2023 ~  | 96100 | 96151 |

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<br> Schedule of Investments PIMCO Short-Term Floating NAV Portfolio II (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Hana** **Bank**  |  |  |
| 5.127% (US0003M + 0.800%) due 07/26/2023 ~  | 6000 | 6008 |
| 5.533% (US0003M + 0.800%) due 03/13/2023 ~  | 800 | 801 |
| **HSBC Holdings PLC** <br>5.674% (US0003M + 1.000%) due 05/18/2024 ~ | 62600 | 62369 |
| **ING Groep NV** <br>4.100% due 10/02/2023 | 25640 | 25440 |
| **International Bank for Reconstruction & Development** <br>3.829% due 01/13/2023 •  | 111700 | 111701 |
| **International Finance Corp.** <br>4.413% due 06/30/2023 •  | 24000 | 23995 |
| **Jackson National Life Global Funding** <br>4.278% (SOFRRATE + 0.600%) due 01/06/2023 ~ | 9225 | 9225 |
| **JPMorgan Chase & Co.**  |  |  |
| 4.898% (SOFRRATE + 0.580%) due 03/16/2024 ~  | 20000 | 19944 |
| 5.215% (US0003M + 0.890%) due 07/23/2024 ~  | 6879 | 6890 |
| **Kookmin Bank** <br>2.875% due 03/25/2023 | 1050 | 1045 |
| **MassMutual Global Funding** <br>0.850% due 06/09/2023 | 5900 | 5792 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 3.455% due 03/02/2023  | 37400 | 37323 |
| 3.761% due 07/26/2023  | 13427 | 13319 |
| 5.187% (US0003M + 0.860%) due 07/26/2023 ~  | 23137 | 23178 |
| 5.519% (US0003M + 0.740%) due 03/02/2023 ~  | 51306 | 51326 |
| **Mizuho Financial Group, Inc.**  |  |  |
| 3.549% due 03/05/2023  | 11700 | 11675 |
| 4.899% (US0003M + 0.990%) due 07/10/2024 ~  | 29600 | 29535 |
| 5.387% (US0003M + 0.630%) due 05/25/2024 ~  | 94200 | 93695 |
| 5.555% (US0003M + 0.790%) due 03/05/2023 ~  | 14800 | 14815 |
| **Morgan Stanley**  |  |  |
| 0.731% due 04/05/2024 •  | 34640 | 34147 |
| 4.598% (SOFRRATE + 0.466%) due 11/10/2023 ~  | 4700 | 4688 |
| **Nationwide Building Society**  |  |  |
| 0.550% due 01/22/2024  | 12804 | 12172 |
| 2.000% due 01/27/2023  | 7300 | 7286 |
| **Nissan Motor Acceptance Co. LLC** <br>3.875% due 09/21/2023 | 1700 | 1669 |
| **Nordea Bank Abp**  |  |  |
| 1.000% due 06/09/2023  | 3785 | 3722 |
| 5.675% (US0003M + 0.940%) due 08/30/2023 ~  | 2000 | 2003 |
| **NTT Finance Corp.**  |  |  |
| 0.373% due 03/03/2023  | 3250 | 3232 |
| 0.583% due 03/01/2024  | 700 | 664 |
| **Pacific Life Global Funding** <br>5.051% (SOFRINDX + 0.800%) due 12/06/2024 ~ | 36800 | 36782 |
| **Protective Life Global Funding** <br>5.335% due 12/11/2024 •  | 19200 | 19206 |
| **QNB Finance Ltd.** <br>3.500% due 03/28/2024 | 14500 | 14206 |
| **Royal Bank of Canada**  |  |  |
| 4.404% (SOFRRATE + 0.450%) due 10/26/2023 ~  | 6100 | 6086 |
| 4.439% (US0003M + 0.360%) due 01/17/2023 ~  | 4700 | 4699 |
| **Skandinaviska Enskilda Banken AB** <br>5.081% (US0003M + 0.320%) due 09/01/2023 ~ | 13800 | 13781 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 3.102% due 01/17/2023  | 6000 | 5996 |
| 4.819% (US0003M + 0.740%) due 01/17/2023 ~  | 4381 | 4381 |
| **Sumitomo Mitsui Trust Bank Ltd.** <br>0.850% due 03/25/2024 | 8000 | 7570 |
| **Toronto-Dominion Bank**  |  |  |
| 0.450% due 09/11/2023  | 4904 | 4755 |
| 4.448% (SOFRRATE + 0.480%) due 01/27/2023 ~  | 14400 | 14400 |
| 4.602% (SOFRRATE + 0.355%) due 03/04/2024 ~  | 3300 | 3279 |
| **Toyota Motor Credit Corp.**  |  |  |
| 4.055% (SOFRRATE + 0.330%) due 01/11/2024 ~  | 21600 | 21472 |
| 4.650% due 06/13/2023 •  | 13000 | 12992 |
| 5.050% due 12/11/2023 •  | 11300 | 11319 |
| **Truist Bank** <br>3.000% due 02/02/2023 | 400 | 399 |
| **UBS AG** <br>4.555% (SOFRRATE + 0.320%) due 06/01/2023 ~ | 38100 | 38054 |
| **UBS Group AG** <br>1.008% due 07/30/2024 •  | 4800 | 4668 |
| **Westpac Banking Corp.** <br>5.326% (US0003M + 0.720%) due 05/15/2023 ~ | 2200 | 2203 |
| **Woori Bank** <br>5.310% (US0003M + 0.870%) due 02/01/2023 ~ | 1600 | 1601 |
|  |  | 1530194 |
| **INDUSTRIALS 4.5%**  |  |  |
| **7-Eleven, Inc.** <br>0.625% due 02/10/2023 | 3500 | 3482 |
| **AbbVie, Inc.** <br>2.800% due 03/15/2023 | 430 | 428 |

---

------

<br> Schedule of Investments PIMCO Short-Term Floating NAV Portfolio II (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **AstraZeneca** **PLC** <br>0.300% due 05/26/2023 | 19200 | 18863 |
| **BAT Capital Corp.** <br>3.222% due 08/15/2024 | 900 | 867 |
| **Boeing Co.**  |  |  |
| 1.167% due 02/04/2023  | 53802 | 53597 |
| 1.433% due 02/04/2024  | 57949 | 55557 |
| 4.508% due 05/01/2023  | 27687 | 27640 |
| **Boston Scientific Corp.** <br>3.450% due 03/01/2024 | 4769 | 4682 |
| **Burlington Northern Santa Fe LLC**  |  |  |
| 3.000% due 03/15/2023  | 1000 | 997 |
| 3.850% due 09/01/2023  | 1900 | 1885 |
| **Central Japan Railway Co.** <br>3.400% due 09/06/2023 | 2000 | 1977 |
| **Charter Communications Operating LLC**  |  |  |
| 4.500% due 02/01/2024  | 5700 | 5635 |
| 6.090% (US0003M + 1.650%) due 02/01/2024 ~  | 4000 | 4019 |
| **Constellation Brands, Inc.** <br>3.600% due 05/09/2024 | 4500 | 4414 |
| **Daimler Trucks Finance North America LLC**  |  |  |
| 1.125% due 12/14/2023  | 1750 | 1682 |
| 4.779% (SOFRRATE + 0.500%) due 06/14/2023 ~  | 7600 | 7591 |
| **Dell International LLC** <br>5.450% due 06/15/2023 | 3523 | 3526 |
| **eBay, Inc.** <br>5.285% (US0003M + 0.870%) due 01/30/2023 ~ | 1800 | 1800 |
| **Elevance Health, Inc.** <br>0.450% due 03/15/2023 | 7900 | 7835 |
| **Enbridge, Inc.** <br>0.550% due 10/04/2023 | 1680 | 1625 |
| **Gilead Sciences, Inc.** <br>0.750% due 09/29/2023 | 3574 | 3464 |
| **HCA, Inc.** <br>5.000% due 03/15/2024 | 11800 | 11738 |
| **Humana, Inc.** <br>0.650% due 08/03/2023 | 18530 | 18056 |
| **Huntington Ingalls Industries, Inc.** <br>0.670% due 08/16/2023 | 1600 | 1554 |
| **Hyundai Capital America**  |  |  |
| 0.800% due 04/03/2023  | 2000 | 1977 |
| 0.800% due 01/08/2024  | 2300 | 2189 |
| 1.250% due 09/18/2023  | 12359 | 11981 |
| 2.375% due 02/10/2023  | 52039 | 51924 |
| 4.125% due 06/08/2023  | 5186 | 5155 |
| 5.750% due 04/06/2023  | 1875 | 1876 |
| **International Business Machines Corp.** <br>3.375% due 08/01/2023 | 15000 | 14858 |
| **Kansas City Southern** <br>3.000% due 05/15/2023 | 10700 | 10607 |
| **Kinder Morgan, Inc.** <br>5.359% (US0003M + 1.280%) due 01/15/2023 ~ | 7200 | 7200 |
| **Komatsu Finance America, Inc.** <br>0.849% due 09/09/2023 | 1850 | 1796 |
| **Leidos, Inc.** <br>2.950% due 05/15/2023 | 2000 | 1984 |
| **Mercedes-Benz Finance North America LLC** <br>5.348% (US0003M + 0.840%) due 05/04/2023 ~ | 18000 | 18003 |
| **Nissan Motor Co. Ltd.** <br>3.043% due 09/15/2023 | 19600 | 19209 |
| **Oracle Corp.**  |  |  |
| 2.400% due 09/15/2023  | 5144 | 5043 |
| 2.625% due 02/15/2023  | 6000 | 5982 |
| **Phillips 66** <br>0.900% due 02/15/2024 | 7800 | 7458 |
| **Pioneer Natural Resources Co.** <br>0.550% due 05/15/2023 | 14500 | 14263 |
| **Precision Castparts Corp.** <br>2.500% due 01/15/2023 | 2100 | 2098 |
| **Schlumberger Investment SA** <br>3.650% due 12/01/2023 | 1600 | 1581 |
| **Siemens Financieringsmaatschappij NV** <br>0.400% due 03/11/2023 | 11000 | 10914 |
| **SK Broadband Co. Ltd.** <br>3.875% due 08/13/2023 | 4332 | 4297 |
| **Southern Co.** <br>4.490% (SOFRINDX + 0.370%) due 05/10/2023 ~ | 34060 | 33969 |
| **Stryker Corp.** <br>0.600% due 12/01/2023 | 2340 | 2248 |
| **Time Warner Cable Enterprises LLC** <br>8.375% due 03/15/2023 | 28789 | 28971 |
| **Union Pacific Corp.** <br>3.500% due 06/08/2023 | 500 | 497 |
| **VMware, Inc.** <br>0.600% due 08/15/2023 | 600 | 585 |

---

------

<br> Schedule of Investments PIMCO Short-Term Floating NAV Portfolio II (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Volkswagen** **Group of America Finance LLC** <br>5.206% (SOFRRATE + 0.950%) due 06/07/2024 ~ | 21100 | 21002 |
|  |  | 530581 |
| **UTILITIES 1.5%**  |  |  |
| **American Electric Power Co., Inc.** <br>4.920% (US0003M + 0.480%) due 11/01/2023 ~ | 23200 | 23096 |
| **AT&T, Inc.** <br>5.540% (US0003M + 0.890%) due 02/15/2023 ~ | 8000 | 8002 |
| **Atmos Energy Corp.**  |  |  |
| 0.625% due 03/09/2023  | 26060 | 25870 |
| 5.103% (US0003M + 0.380%) due 03/09/2023 ~  | 6500 | 6496 |
| **Dominion Energy, Inc.** <br>5.299% (US0003M + 0.530%) due 09/15/2023 ~ | 4000 | 3993 |
| **Duke Energy Corp.** <br>4.534% (SOFRRATE + 0.250%) due 06/10/2023 ~ | 18000 | 17951 |
| **Florida Power & Light Co.**  |  |  |
| 2.750% due 06/01/2023  | 200 | 198 |
| 4.119% (SOFRINDX + 0.380%) due 01/12/2024 ~  | 52700 | 52334 |
| **National Rural Utilities Cooperative Finance Corp.** <br>2.700% due 02/15/2023 | 1700 | 1697 |
| **NextEra Energy Capital Holdings, Inc.**  |  |  |
| 0.650% due 03/01/2023  | 16200 | 16090 |
| 4.465% (SOFRINDX + 0.400%) due 11/03/2023 ~  | 17000 | 16933 |
| **Southern California Edison Co.**  |  |  |
| 0.700% due 08/01/2023  | 4000 | 3898 |
| 1.100% due 04/01/2024  | 1000 | 950 |
| **Tampa Electric Co.** <br>3.875% due 07/12/2024 | 5800 | 5689 |
|  |  | 183197 |
| Total Corporate Bonds & Notes (Cost $2,252,011) |  | 2243972 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **CALIFORNIA 0.1%**  |  |  |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2020** <br>0.850% due 01/01/2050 | 6000 | 5988 |
| Total Municipal Bonds & Notes (Cost $5,939) |  | 5988 |
| **U.S. GOVERNMENT AGENCIES 10.4%**  |  |  |
| **Federal Home Loan Bank**  |  |  |
| 4.315% due 02/08/2023 - 03/15/2023 •  | 560000 | 560003 |
| 4.330% due 06/07/2023 •  | 80000 | 80020 |
| 4.340% due 10/06/2023 •  | 600000 | 600150 |
| Total U.S. Government Agencies (Cost $1,240,000) |  | 1240173 |
| **ASSET-BACKED SECURITIES 0.1%**  |  |  |
| **ARI Fleet Lease Trust** <br>1.495% due 04/17/2023 | 1499 | 1497 |
| **DLLST LLC** <br>1.560% due 05/22/2023 | 349 | 348 |
| **MMAF Equipment Finance LLC** <br>1.482% due 05/03/2023 | 4183 | 4174 |
| Total Asset-Backed Securities (Cost $6,031) |  | 6019 |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Export-Import Bank of Korea**  |  |  |
| 5.536% (US0003M + 0.775%) due 06/01/2023 ~  | 8700 | 8717 |
| 5.558% (US0003M + 1.200%) due 04/27/2023 ~  | 4000 | 4012 |
| **Korea Development Bank**  |  |  |
| 5.024% (US0003M + 0.350%) due 02/18/2023 ~  | 10000 | 10000 |
| 5.529% (US0003M + 1.450%) due 04/16/2023 ~  | 3500 | 3512 |
| Total Sovereign Issues (Cost $26,246) |  | 26241 |
| **SHORT-TERM INSTRUMENTS 88.0%**  |  |  |
| **CERTIFICATES OF DEPOSIT 0.5%**  |  |  |
| **Barclays Bank PLC** <br>1.050% due 02/01/2023 | 53000 | 52837 |
| **Sumitomo Mitsui Trust Bank Ltd.** <br>4.780% due 02/28/2023 | 13100 | 13106 |
|  |  | 65943 |
| **COMMERCIAL PAPER 1.4%**  |  |  |
| **American Electric Power Co., Inc.**  |  |  |
| 4.730% due 01/05/2023  | 10400 | 10392 |

---

------

<br> Schedule of Investments PIMCO Short-Term Floating NAV Portfolio II (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.800% due 01/04/2023  | 18000 | 17988 |
| **American Electric Power, Inc.** <br>4.720% due 01/04/2023 | 9850 | 9844 |
| **Bacardi Martini BV** <br>5.250% due 01/12/2023 | 8000 | 7987 |
| **Dominion Energy, Inc.** <br>4.750% due 01/31/2023 | 1200 | 1195 |
| **Energy Transfer LP** <br>5.080% due 01/05/2023 | 23700 | 23681 |
| **Entergy Corp.** <br>4.700% due 01/12/2023 | 700 | 699 |
| **Humana, Inc.**  |  |  |
| 4.850% due 01/05/2023  | 4300 | 4297 |
| 4.850% due 01/10/2023  | 3150 | 3145 |
| **Toronto-Dominion Bank** <br>3.640% due 04/21/2023 | 29200 | 29217 |
| **VW Credit, Inc.** <br>4.800% due 01/26/2023 | 58600 | 58394 |
|  |  | 166839 |
| **REPURCHASE AGREEMENTS (c) 77.7%** |  | 9251730 |
| **SHORT-TERM NOTES 8.4%**  |  |  |
| **Federal Home Loan Bank**  |  |  |
| 4.310% due 01/17/2023 •  | 100000 | 100001 |
| 4.320% due 01/11/2023 - 01/23/2023 •  | 731000 | 731007 |
| 4.345% due 03/06/2023 •  | 168000 | 168012 |
|  |  | 999020 |
| **U.S. TREASURY BILLS 0.0%**  |  |  |
| 4.221% due 02/16/2023 (a)(b) | 1900 | 1891 |
| Total Short-Term Instruments (Cost $10,485,607) |  | 10485423 |
| Total Investments in Securities (Cost $14,015,834) |  | 14007816 |
| Total Investments 117.6% (Cost $14,015,834) |  | $14007816 |
| Other Assets and Liabilities, net (17.6)% |  | (2096727) |
| Net Assets 100.0% |  | $11911089 |

---

------

<br> Schedule of Investments PIMCO Short-Term Floating NAV Portfolio II (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(b)** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(c)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BCY | BCY | 4.310%  | 01/03/2023 | 01/04/2023 | 500000 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | (510769) | $500000 | $500000 |
|  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 09/30/2026 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 09/30/2026 | (511035) | 500000 | 500000 |
|  |  | 4.33 | 12/30/2022 | 01/03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 4.750% due 02/15/2041 | (506884) | 500000 | 500241 |
|  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Bonds 0.875% due 09/30/2026 | &nbsp;&nbsp; U.S. Treasury Bonds 0.875% due 09/30/2026 | (44579) |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 09/30/2026 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 09/30/2026 | (465799) | 500000 | 500241 |
| BOS | BOS | 4.320  | 12/30/2022 | 01/03/2023 | 20000 | &nbsp;&nbsp; U.S. Treasury Bonds 2.500% due 02/15/2046 | &nbsp;&nbsp; U.S. Treasury Bonds 2.500% due 02/15/2046 | (20329) | 20000 | 20010 |
| BPS | BPS | 4.200  | 01/03/2023 | 01/04/2023 | 84000 | &nbsp;&nbsp; U.S. Treasury Notes 2.625% due 07/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.625% due 07/31/2029 | (85638) | 84000 | 84000 |
| BRC | BRC | 4.330  | 12/30/2022 | 01/03/2023 | 137600 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 05/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 05/15/2041 | (139242) | 137600 | 137666 |
| DEU | DEU | 4.230  | 12/30/2022 | 01/03/2023 | 10300 | &nbsp;&nbsp; U.S. Treasury Bonds 2.750% due 11/15/2047 | &nbsp;&nbsp; U.S. Treasury Bonds 2.750% due 11/15/2047 | (10421) | 10300 | 10305 |
|  |  | 4.310  | 01/03/2023 | 01/04/2023 | 800 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 12/31/2025 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 12/31/2025 | (817) | 800 | 800 |
|  |  | 1.900  | 12/30/2022 | 01/03/2023 | 20700 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/08/2023 | (21114) | 20700 | 20704 |
| FICC | FICC | 4.280  | 12/30/2022 | 01/03/2023 | 3748600 | &nbsp;&nbsp; U.S. Treasury Bonds 2.000% due 08/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 2.000% due 08/15/2051 | (20150) | 3748600 | 3750383 |
|  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% - 0.625% due 07/15/2030 - 07/15/2032 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% - 0.625% due 07/15/2030 - 07/15/2032 | (2130484) |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 0.625% - 1.875% due 08/15/2030 - 02/15/2032 | &nbsp;&nbsp; U.S. Treasury Notes 0.625% - 1.875% due 08/15/2030 - 02/15/2032 | (1672938) |  |  |
| JPS | JPS | 0.060  | 08/18/2021 | TBD<sup>(2)</sup> | 165576 | &nbsp;&nbsp; U.S. Treasury Bonds 1.375% due 11/15/2040 | &nbsp;&nbsp; U.S. Treasury Bonds 1.375% due 11/15/2040 | (118056) | 165576 | 165715 |
|  |  | 0.060  | 12/07/2021 | TBD<sup>(2)</sup> | 266438 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 08/15/2046 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 08/15/2046 | (179283) | 266438 | 266612 |
|  |  | 3.060  | 11/02/2022 | TBD<sup>(2)</sup> | 186216 | &nbsp;&nbsp; U.S. Treasury Bonds 2.000% due 08/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 2.000% due 08/15/2051 | (196747) | 186216 | 187197 |
|  |  | 4.310  | 12/30/2022 | 01/03/2023 | 388000 | &nbsp;&nbsp; U.S. Treasury Notes 1.375% due 11/15/2031 | &nbsp;&nbsp; U.S. Treasury Notes 1.375% due 11/15/2031 | (397690) | 388000 | 388186 |
|  |  | 4.350  | 12/30/2022 | 01/03/2023 | 112800 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% due 05/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% due 05/15/2051 | (113912) | 112800 | 112854 |
| MBC | MBC | 4.310  | 12/28/2022 | 01/04/2023 | 10000 | &nbsp;&nbsp; U.S. Treasury Bonds 3.375% due 08/15/2042 | &nbsp;&nbsp; U.S. Treasury Bonds 3.375% due 08/15/2042 | (10263) | 10000 | 10007 |
|  |  | 4.310  | 12/29/2022 | 01/05/2023 | 600000 | &nbsp;&nbsp; U.S. Treasury Bonds 2.000% - 3.375% due 08/15/2042 - 08/15/2051 | &nbsp;&nbsp; U.S. Treasury Bonds 2.000% - 3.375% due 08/15/2042 - 08/15/2051 | (86860) | 600000 | 600359 |
|  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.375% - 0.750% due 01/15/2027 - 07/15/2028 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.375% - 0.750% due 01/15/2027 - 07/15/2028 | (461569) |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 0.375% - 2.250% due 11/30/2025 - 09/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% - 2.250% due 11/30/2025 - 09/30/2027 | (70451) |  |  |
| MSR | MSR | 4.260  | 01/03/2023 | 01/04/2023 | 500000 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% - 0.875% due 12/31/2025 - 06/30/2026 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% - 0.875% due 12/31/2025 - 06/30/2026 | (509827) | 500000 | 500000 |
|  |  | 4.310  | 01/03/2023 | 01/04/2023 | 500000 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 12/31/2025 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 12/31/2025 | (509658) | 500000 | 500000 |
|  |  | 4.340  | 12/30/2022 | 01/03/2023 | 500000 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% - 1.125% due 01/15/2025 - 06/30/2026 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% - 1.125% due 01/15/2025 - 06/30/2026 | (507559) | 500000 | 500241 |
| SGY | SGY | 4.290  | 12/30/2022 | 01/03/2023 | 700 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 06/30/2026 | &nbsp;&nbsp; U.S. Treasury Notes 0.875% due 06/30/2026 | (712) | 700 | 700 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  | **(9302786)** | $**9251730** | $**9256221** |
| **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $5,140 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** |  |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |

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<br> Schedule of Investments PIMCO Short-Term Floating NAV Portfolio II (Cont.) December 31, 2022 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | $0 | $1530194 | $0 | $1530194 |
| Industrials | 0 | 530581 | 0 | 530581 |
| Utilities | 0 | 183197 | 0 | 183197 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | 0 | 5988 | 0 | 5988 |
| U.S. Government Agencies | 0 | 1240173 | 0 | 1240173 |
| Asset-Backed Securities | 0 | 6019 | 0 | 6019 |
| Sovereign Issues | 0 | 26241 | 0 | 26241 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Certificates of Deposit | 0 | 65943 | 0 | 65943 |
| Commercial Paper | 0 | 166839 | 0 | 166839 |
| Repurchase Agreements | 0 | 9251730 | 0 | 9251730 |
| Short-Term Notes | 0 | 999020 | 0 | 999020 |
| U.S. Treasury Bills | 0 | 1891 | 0 | 1891 |
| Total Investments | $0 | $14007816 | $0 | $14007816 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Consolidated Schedule of Investments PIMCO Short-Term Floating NAV Portfolio III December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 119.4% ¤** |  |  |
| **CORPORATE BONDS & NOTES 24.0%**  |  |  |
| **BANKING & FINANCE 16.3%**  |  |  |
| **American Express Co.** <br>5.386% (US0003M + 0.650%) due 02/27/2023 ~ | $2577 | $2577 |
| **Banco Santander SA** <br>3.848% due 04/12/2023 | 1600 | 1592 |
| **Bank of Nova Scotia**  |  |  |
| 2.440% due 03/11/2024  | 2000 | 1932 |
| 4.376% (SOFRRATE + 0.380%) due 07/31/2024 ~  | 600 | 594 |
| **Barclays PLC** <br>4.967% (BBSW3M + 1.800%) due 06/15/2023 ~ | 21750 | 14822 |
| **BNP Paribas SA** <br>3.500% due 03/01/2023 | $8017 | 7998 |
| **BOC Aviation Ltd.** <br>5.849% (US0003M + 1.125%) due 09/26/2023 ~ | 700 | 699 |
| **Canadian Imperial Bank of Commerce** <br>4.478% (BBSW3M + 1.350%) due 06/09/2023 ~ | 26400 | 18011 |
| **Caterpillar Financial Services Corp.** <br>5.116% (US0003M + 0.510%) due 05/15/2023 ~ | $700 | 701 |
| **Citigroup, Inc.** <br>3.375% due 03/01/2023 | 650 | 649 |
| **CK Hutchison International Ltd.** <br>2.750% due 03/29/2023 | 3245 | 3228 |
| **CNH Industrial Capital LLC** <br>1.950% due 07/02/2023 | 1463 | 1438 |
| **Credit Agricole SA** <br>5.345% (US0003M + 1.020%) due 04/24/2023 ~ | 1145 | 1146 |
| **Credit Suisse AG**  |  |  |
| 1.000% due 05/05/2023  | 14300 | 13970 |
| 4.260% (BBSW3M + 1.150%) due 05/26/2023 ~  | 32250 | 21798 |
| 4.495% (SOFRINDX + 0.380%) due 08/09/2023 ~  | $7640 | 7455 |
| **Danske Bank AS**  |  |  |
| 3.875% due 09/12/2023  | 4100 | 4050 |
| 5.375% due 01/12/2024  | 8844 | 8774 |
| 5.795% (US0003M + 1.060%) due 09/12/2023 ~  | 1600 | 1600 |
| **Deutsche Bank AG**  |  |  |
| 3.950% due 02/27/2023  | 6600 | 6578 |
| 4.603% due 11/08/2023 •  | 11598 | 11523 |
| **European Investment Bank** <br>4.327% (US0003M + 0.100%) due 01/19/2023 ~ | 32000 | 31996 |
| **General Motors Financial Co., Inc.**  |  |  |
| 3.250% due 01/05/2023  | 11400 | 11399 |
| 3.700% due 05/09/2023  | 19400 | 19307 |
| 4.150% due 06/19/2023  | 6472 | 6439 |
| 4.250% due 05/15/2023  | 4921 | 4901 |
| 5.360% (SOFRRATE + 1.200%) due 11/17/2023 ~  | 31400 | 31319 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 1.217% due 12/06/2023  | 16081 | 15529 |
| 3.625% due 02/20/2024  | 14000 | 13764 |
| 4.250% (BBSW3M + 1.200%) due 05/16/2023 ~  | 4680 | 3188 |
| 5.442% (US0003M + 0.750%) due 02/23/2023 ~  | $13300 | 13307 |
| **Hana Bank** <br>5.127% (US0003M + 0.800%) due 07/26/2023 ~ | 3900 | 3905 |
| **HSBC Holdings PLC**  |  |  |
| 4.150% (BBSW3M + 1.100%) due 02/16/2024 ~  | 3600 | 2449 |
| 5.674% (US0003M + 1.000%) due 05/18/2024 ~  | $6800 | 6775 |
| **ING Groep NV**  |  |  |
| 4.100% due 10/02/2023  | 14686 | 14571 |
| 5.754% (US0003M + 1.000%) due 10/02/2023 ~  | 2790 | 2797 |
| **International Bank for Reconstruction & Development**  |  |  |
| 2.250% due 01/17/2023  | 3400 | 2509 |
| 3.829% due 01/13/2023 •  | $149818 | 149819 |
| **International Finance Corp.** <br>4.413% due 06/30/2023 •  | 37000 | 36993 |
| **Jackson National Life Global Funding** <br>4.278% (SOFRRATE + 0.600%) due 01/06/2023 ~ | 5119 | 5119 |
| **Lloyds Banking Group PLC** <br>4.050% due 08/16/2023 | 800 | 795 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 5.187% (US0003M + 0.860%) due 07/26/2023 ~  | 1676 | 1679 |
| 5.519% (US0003M + 0.740%) due 03/02/2023 ~  | 723 | 723 |

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<br> Consolidated Schedule of Investments PIMCO Short-Term Floating NAV Portfolio III (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Mizuho** **Bank Ltd.** <br>3.530% (BBSW3M + 0.530%) due 10/20/2023 ~ | 50800 | 34564 |
| **Mizuho Financial Group, Inc.** <br>5.387% (US0003M + 0.630%) due 05/25/2024 ~ | $34200 | 34017 |
| **Morgan Stanley** <br>5.770% (US0003M + 1.220%) due 05/08/2024 ~ | 41421 | 41498 |
| **Nationwide Building Society** <br>2.000% due 01/27/2023 | 7500 | 7485 |
| **Nordea Bank Abp** <br>1.000% due 06/09/2023 | 4300 | 4229 |
| **NTT Finance Corp.**  |  |  |
| 0.373% due 03/03/2023  | 800 | 796 |
| 0.583% due 03/01/2024  | 1200 | 1138 |
| **Pacific Life Global Funding** <br>5.051% (SOFRINDX + 0.800%) due 12/06/2024 ~ | 20100 | 20090 |
| **Protective Life Global Funding** <br>5.335% due 12/11/2024 •  | 8600 | 8602 |
| **Royal Bank of Canada** <br>4.404% (SOFRRATE + 0.450%) due 10/26/2023 ~ | 5900 | 5887 |
| **Societe Generale SA** <br>3.871% due 07/15/2023 •  | 15000 | 10210 |
| **Sumitomo Mitsui Financial Group, Inc.** <br>3.102% due 01/17/2023 | $2685 | 2683 |
| **Toronto-Dominion Bank**  |  |  |
| 3.918% (SOFRRATE + 0.240%) due 01/06/2023 ~  | 7126 | 7126 |
| 4.448% (SOFRRATE + 0.480%) due 01/27/2023 ~  | 20000 | 20000 |
| **Toyota Motor Credit Corp.** <br>5.050% due 12/11/2023 •  | 23300 | 23339 |
| **Truist Bank** <br>3.000% due 02/02/2023 | 400 | 399 |
| **UBS AG**  |  |  |
| 0.375% due 06/01/2023  | 1500 | 1470 |
| 4.555% (SOFRRATE + 0.320%) due 06/01/2023 ~  | 46900 | 46844 |
| **Westpac Banking Corp.** <br>5.326% (US0003M + 0.720%) due 05/15/2023 ~ | 1900 | 1902 |
|  |  | 782697 |
| **INDUSTRIALS 6.2%**  |  |  |
| **AbbVie, Inc.** <br>2.850% due 05/14/2023 | 5400 | 5362 |
| **AstraZeneca PLC** <br>0.300% due 05/26/2023 | 26700 | 26232 |
| **Boeing Co.** <br>1.433% due 02/04/2024 | 81800 | 78424 |
| **CenterPoint Energy Resources Corp.**  |  |  |
| 0.700% due 03/02/2023  | 700 | 695 |
| 5.279% (US0003M + 0.500%) due 03/02/2023 ~  | 265 | 265 |
| **Daimler Trucks Finance North America LLC** <br>4.779% (SOFRRATE + 0.500%) due 06/14/2023 ~ | 3600 | 3596 |
| **Elevance Health, Inc.** <br>0.450% due 03/15/2023 | 11500 | 11405 |
| **Enbridge, Inc.** <br>0.550% due 10/04/2023 | 600 | 580 |
| **Gilead Sciences, Inc.** <br>0.750% due 09/29/2023 | 1800 | 1744 |
| **HCA, Inc.** <br>5.000% due 03/15/2024 | 6300 | 6267 |
| **Humana, Inc.** <br>0.650% due 08/03/2023 | 9000 | 8770 |
| **Hyundai Capital America**  |  |  |
| 0.800% due 04/03/2023  | 23516 | 23244 |
| 0.800% due 01/08/2024  | 13240 | 12601 |
| 1.250% due 09/18/2023  | 14950 | 14493 |
| 2.375% due 02/10/2023  | 2665 | 2659 |
| **Kansas City Southern** <br>3.000% due 05/15/2023 | 10081 | 9994 |
| **Leidos, Inc.** <br>2.950% due 05/15/2023 | 2300 | 2282 |
| **Mercedes-Benz Finance North America LLC** <br>5.348% (US0003M + 0.840%) due 05/04/2023 ~ | 9000 | 9001 |
| **Nissan Motor Co. Ltd.** <br>3.043% due 09/15/2023 | 4100 | 4018 |
| **Phillips 66** <br>0.900% due 02/15/2024 | 3800 | 3633 |
| **Pioneer Natural Resources Co.** <br>0.550% due 05/15/2023 | 6300 | 6197 |
| **RELX Capital, Inc.** <br>3.500% due 03/16/2023 | 13747 | 13693 |
| **Schlumberger Investment SA** <br>3.650% due 12/01/2023 | 800 | 790 |
| **Siemens Financieringsmaatschappij NV** <br>0.400% due 03/11/2023 | 29600 | 29367 |
| **SK Telecom Co. Ltd.** <br>3.750% due 04/16/2023 | 1300 | 1295 |

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<br> Consolidated Schedule of Investments PIMCO Short-Term Floating NAV Portfolio III (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **Time** **Warner Cable Enterprises LLC** <br>8.375% due 03/15/2023 | 20647 | 20778 |
| **Union Pacific Corp.** <br>3.500% due 06/08/2023 | 300 | 298 |
| **Volkswagen Group of America Finance LLC** <br>3.125% due 05/12/2023 | 1300 | 1290 |
|  |  | 298973 |
| **UTILITIES 1.5%**  |  |  |
| **American Electric Power Co., Inc.** <br>4.920% (US0003M + 0.480%) due 11/01/2023 ~ | 12200 | 12145 |
| **AT&T, Inc.** <br>4.451% (BBSW3M + 1.250%) due 09/19/2023 ~ | 700 | 478 |
| **Atmos Energy Corp.** <br>0.625% due 03/09/2023 | $23300 | 23130 |
| **Florida Power & Light Co.** <br>4.119% (SOFRINDX + 0.380%) due 01/12/2024 ~ | 3500 | 3476 |
| **National Rural Utilities Cooperative Finance Corp.** <br>2.700% due 02/15/2023 | 1900 | 1896 |
| **NextEra Energy Capital Holdings, Inc.** <br>4.465% (SOFRINDX + 0.400%) due 11/03/2023 ~ | 9200 | 9163 |
| **Pacific Gas & Electric Co.** <br>1.700% due 11/15/2023 | 1300 | 1259 |
| **Verizon Communications, Inc.** <br>4.263% (BBSW3M + 1.220%) due 02/17/2023 ~ | 27340 | 18622 |
| **Virginia Electric & Power Co.** <br>2.750% due 03/15/2023 | $2295 | 2286 |
|  |  | 72455 |
| Total Corporate Bonds & Notes (Cost $1,167,447) |  | 1154125 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **CALIFORNIA 0.1%**  |  |  |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2020** <br>0.850% due 01/01/2050 | 2500 | 2495 |
| Total Municipal Bonds & Notes (Cost $2,474) |  | 2495 |
| **ASSET-BACKED SECURITIES 0.1%**  |  |  |
| **ARI Fleet Lease Trust** <br>1.495% due 04/17/2023 | 1274 | 1272 |
| **DLLST LLC** <br>1.560% due 05/22/2023 | 349 | 348 |
| **MMAF Equipment Finance LLC** <br>1.482% due 05/03/2023 | 4344 | 4335 |
| Total Asset-Backed Securities (Cost $5,967) |  | 5955 |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Israel Government International Bond** <br>4.250% due 03/31/2023 | 7100 | 2023 |
| **Korea Development Bank**  |  |  |
| 5.024% (US0003M + 0.350%) due 02/18/2023 ~  | $5600 | 5600 |
| 5.529% (US0003M + 1.450%) due 04/16/2023 ~  | 2975 | 2985 |
| **Korea National Oil Corp.** <br>4.954% (US0003M + 0.875%) due 07/16/2023 ~ | 2700 | 2704 |
| Total Sovereign Issues (Cost $13,367) |  | 13312 |
| **SHORT-TERM INSTRUMENTS 94.9%**  |  |  |
| **CERTIFICATES OF DEPOSIT 0.6%**  |  |  |
| **Barclays Bank PLC** <br>1.050% due 02/01/2023 | 30200 | 30107 |
| **COMMERCIAL PAPER 3.4%**  |  |  |
| **American Electric Power Co., Inc.** <br>4.800% due 01/04/2023 | 15500 | 15490 |
| **Bacardi Martini BV** <br>5.250% due 01/12/2023 | 2000 | 1997 |
| **Bank of Nova Scotia**  |  |  |
| 4.318% due 02/01/2023  | 53500 | 39349 |
| 4.519% due 02/28/2023  | 11000 | 8061 |
| **Energy Transfer LP** <br>5.080% due 01/05/2023 | $10100 | 10092 |
| **Humana, Inc.** <br>4.850% due 01/10/2023 | 2100 | 2097 |
| **Royal Bank of Canada**  |  |  |
| 4.291% due 01/31/2023  | 47600 | 35011 |
| 4.369% due 01/09/2023  | 59500 | 43889 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short-Term Floating NAV Portfolio III (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Toronto** **-Dominion Bank** <br>4.355% due 01/09/2023 | 8500 | 6270 |
|  |  | 162256 |
| **REPURCHASE AGREEMENTS (d) 55.4%** |  | 2666574 |
| **SHORT-TERM NOTES 21.9%**  |  |  |
| **Federal Home Loan Bank**  |  |  |
| 4.020% due 01/04/2023 (c) | $4200 | 4199 |
| 4.310% due 01/03/2023 - 01/25/2023 •  | 446900 | 446909 |
| 4.320% due 01/10/2023 •  | 86000 | 86000 |
| 4.330% due 05/04/2023 •(a) | 250000 | 250125 |
| 4.345% due 02/21/2023 - 03/06/2023 •  | 270500 | 270519 |
|  |  | 1057752 |
| **JAPAN TREASURY BILLS 12.3%**  |  |  |
| (0.185)% due 01/06/2023 - 03/20/2023 (b)(c) | 77986000 | 594338 |
| **U.S. TREASURY BILLS 1.3%**  |  |  |
| 4.170% due 01/26/2023 - 03/30/2023 (b)(c)(f) | $62279 | 61970 |
| Total Short-Term Instruments (Cost $4,540,816) |  | 4572997 |
| Total Investments in Securities (Cost $5,730,071) |  | 5748884 |
| Total Investments 119.4% (Cost $5,730,071) |  | $5748884 |
| **Financial Derivative Instruments (e) (0.7)**%(Cost or Premiums, net $0) |  | (31593) |
| Other Assets and Liabilities, net (18.7)% |  | (901421) |
| Net Assets 100.0% |  | $4815870 |

---

------

<br> Consolidated Schedule of Investments PIMCO Short-Term Floating NAV Portfolio III (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(d)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | BOS | 4.320%  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 896700 | &nbsp;&nbsp; U.S. Treasury Bonds 2.500% - 3.125% due 11/15/2041 - 05/15/2047 | &nbsp;&nbsp; U.S. Treasury Bonds 2.500% - 3.125% due 11/15/2041 - 05/15/2047 | $(914980) | $896700 | 896700 | $897124 |
| BPS | BPS | 4.200  | 01/03/2023 | 01/04/2023 | 01/04/2023 | 161900 | &nbsp;&nbsp; U.S. Treasury Notes 3.000% due 06/30/2024 | &nbsp;&nbsp; U.S. Treasury Notes 3.000% due 06/30/2024 | (165345) | 161900 | 161900 | 161900 |
|  |  | 4.310  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 5900 | &nbsp;&nbsp; U.S. Treasury Notes 0.625% due 05/15/2030 | &nbsp;&nbsp; U.S. Treasury Notes 0.625% due 05/15/2030 | (6031) | 5900 | 5900 | 5903 |
| FICC | FICC | 1.900  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 12571 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | (12822) | 12571 | 12571 | 12574 |
| JPS | JPS | 4.350  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 60000 | &nbsp;&nbsp; U.S. Treasury Bonds 2.000% due 02/15/2050 | &nbsp;&nbsp; U.S. Treasury Bonds 2.000% due 02/15/2050 | (57477) | 60000 | 60000 | 60029 |
| MBC | MBC | 4.310  | 12/28/2022 | 01/04/2023 | 01/04/2023 | 76500 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% due 02/15/2051 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.125% due 02/15/2051 | (28811) | 76500 | 76500 | 76555 |
|  |  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 0.750% - 2.000% due 02/15/2023 - 01/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 0.750% - 2.000% due 02/15/2023 - 01/31/2028 | (49988) |  |  |  |
|  |  | 4.310  | 12/29/2022 | 01/05/2023 | 01/05/2023 | 100000 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% - 3.000% due 11/15/2044 - 08/15/2049 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% - 3.000% due 11/15/2044 - 08/15/2049 | (23360) | 100000 | 100000 | 100060 |
|  |  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 0.375% - 1.250% due 07/31/2027 - 08/15/2031 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% - 1.250% due 07/31/2027 - 08/15/2031 | (80109) |  |  |  |
| MSR | MSR | 4.260  | 01/03/2023 | 01/04/2023 | 01/04/2023 | 500000 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% - 1.125% due 01/15/2025 - 11/30/2025 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% - 1.125% due 01/15/2025 - 11/30/2025 | (509835) | 500000 | 500000 | 500000 |
|  |  | 4.280  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 500000 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 11/30/2025 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 11/30/2025 | (510038) | 500000 | 500000 | 500238 |
| SGY | SGY | 4.290  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 344800 | &nbsp;&nbsp; U.S. Treasury Bonds 3.000% due 02/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.000% due 02/15/2048 | (305289) | 344800 | 344800 | 344964 |
|  |  |  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 05/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 05/31/2029 | (45689) |  |  |  |
| SSB | SSB | 1.900  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 8203 | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | &nbsp;&nbsp; U.S. Treasury Notes 1.875% due 06/30/2026<sup>(2)</sup> | (8367) | 8203 | 8203 | 8205 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  | $**(2718141)** | $**2666574** | **2666574** | $**2667552** |
| **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Cash of $1,830 has been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. | Collateral is held in custody by the counterparty. |
| **(e)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 01/2023  | 01/2023  | CAD | 59500 | 59500 | 43620 | 0 | 0 | $(344) | (344) |
|  |  |  | 01/2023  | 01/2023  | JPY | 34542500 | 34542500 | 243191 | 0 | 0 | (20578) | (20578) |
|  |  |  | 02/2023  | 02/2023  | CAD | 11000 | 11000 | 8132 | 1 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 03/2023  | 03/2023  | JPY | 1470000 | 1470000 | 10944 | 0 | 0 | (392) | (392) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 02/2023  | 02/2023  | AUD | 189416 | 189416 | 128552 | 0 | 0 | (653) | (653) |
|  |  |  | 03/2023  | 03/2023  | ILS | 7336 | 7336 | 2150 | 57 | 57 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 01/2023  | 01/2023  |  | 363 | 363 | 106 | 3 | 3 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 01/2023  | 01/2023  | CAD | 8500 | 8500 | 6231 | 0 | 0 | (50) | (50) |
|  |  |  | 01/2023  | 01/2023  | EUR | 1730 | 1730 | 1811 | 0 | 0 | (40) | (40) |
|  |  |  | 01/2023  | 01/2023  | $ | $1543 | 1543 | 1266 | 0 | 0 | (15) | (15) |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 01/2023  | 01/2023  |  | 8173 | 8173 | 11128 | 50 | 50 | 0 | 0 |
|  |  |  | 02/2023  | 02/2023  |  | 7017 | 7017 | 10356 | 47 | 47 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RBC | &nbsp;&nbsp;&nbsp;&nbsp; RBC | &nbsp;&nbsp;&nbsp;&nbsp; RBC | 01/2023  | 01/2023  | JPY | 702 | 702 | 5 | 0 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 01/2023  | 01/2023  | KRW | 315452 | 315452 | 239 | 0 | 0 | (12) | (12) |
| &nbsp;&nbsp;&nbsp;&nbsp; TOR | &nbsp;&nbsp;&nbsp;&nbsp; TOR | &nbsp;&nbsp;&nbsp;&nbsp; TOR | 01/2023  | 01/2023  | CAD | 47600 | 47600 | 34713 | 0 | 0 | (463) | (463) |
|  |  |  | 01/2023  | 01/2023  | JPY | 19187 | 19187 | 143 | 0 | 0 | (4) | (4) |
|  |  |  | 02/2023  | 02/2023  | CAD | 53500 | 53500 | 39015 | 0 | 0 | (521) | (521) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 03/2023  | 03/2023  | JPY | 42006000 | 42006000 | 314953 | 0 | 0 | (8679) | (8679) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **158** | **$** | **(31751)** | **(31751)** |

---

------

<br> Consolidated Schedule of Investments PIMCO Short-Term Floating NAV Portfolio III (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **(f)** | **Securities with an aggregate market value of $21,694 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $21,694 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $21,694 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $21,694 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $21,694 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 12/31/2022 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | $0 | $782697 | $0 | $782697 |
| Industrials | Industrials | 0 | 298973 | 0 | 298973 |
| Utilities | Utilities | 0 | 72455 | 0 | 72455 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | California | 0 | 2495 | 0 | 2495 |
| Asset-Backed Securities | Asset-Backed Securities | 0 | 5955 | 0 | 5955 |
| Sovereign Issues | Sovereign Issues | 0 | 13312 | 0 | 13312 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Certificates of Deposit | Certificates of Deposit | 0 | 30107 | 0 | 30107 |
| Commercial Paper | Commercial Paper | 0 | 162256 | 0 | 162256 |
| Repurchase Agreements | Repurchase Agreements | 0 | 2666574 | 0 | 2666574 |
| Short-Term Notes | Short-Term Notes | 0 | 1057752 | 0 | 1057752 |
| Japan Treasury Bills | Japan Treasury Bills | 0 | 594338 | 0 | 594338 |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 61970 | 0 | 61970 |
| Total Investments | Total Investments | $0 | $5748884 | $0 | $5748884 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Over the counter | Over the counter | $0 | $158 | $0 | $158 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Over the counter | Over the counter | $0 | $(31751) | $0 | $(31751) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | $(31593) | $0 | $(31593) |
| Totals | Totals | $0 | $5717291 | $0 | $5717291 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 168.3% ¤** |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |
| **Lehman Brothers Holdings, Inc.** <br>1.000% due 09/27/2027 ^(b) | $2000 | $8 |
| Total Corporate Bonds & Notes (Cost $1,036) |  | 8 |
| **U.S. GOVERNMENT AGENCIES 84.8%**  |  |  |
| **Fannie Mae**  |  |  |
| 1.494% due 03/25/2027 ~ | 2 | 2 |
| 1.499% due 03/25/2027 ~ | 3 | 3 |
| 1.691% due 02/01/2035 •  | 4 | 4 |
| 1.815% due 01/01/2037 •  | 1 | 1 |
| 1.816% due 04/01/2037 •  | 1 | 1 |
| 1.979% due 02/01/2034 •  | 14 | 13 |
| 1.994% due 01/01/2033 •  | 4 | 4 |
| 1.995% due 02/01/2035 •  | 72 | 70 |
| 2.000% due 12/01/2033 •  | 22 | 21 |
| 2.105% due 12/01/2035 •  | 157 | 154 |
| 2.119% due 08/01/2032 •  | 3 | 2 |
| 2.125% due 01/01/2033 •  | 6 | 6 |
| 2.155% due 03/01/2034 •  | 10 | 10 |
| 2.172% due 05/01/2037 •  | 165 | 161 |
| 2.190% due 04/01/2033 •  | 5 | 5 |
| 2.195% due 01/01/2034 •  | 1 | 1 |
| 2.214% due 03/01/2035 •  | 43 | 42 |
| 2.256% due 03/01/2033 •  | 60 | 59 |
| 2.290% due 01/01/2036 •  | 1 | 1 |
| 2.305% due 02/01/2034 •  | 31 | 31 |
| 2.322% due 03/01/2033 •  | 1 | 1 |
| 2.350% due 04/01/2034 •  | 6 | 6 |
| 2.375% due 10/01/2024 •  | 1 | 1 |
| 2.400% due 01/01/2033 •  | 3 | 3 |
| 2.408% due 03/01/2034 •  | 67 | 65 |
| 2.425% due 04/01/2035 •  | 2 | 2 |
| 2.500% due 05/01/2032 - 04/01/2035 •  | 66 | 65 |
| 2.550% due 03/01/2035 •  | 1 | 1 |
| 2.563% due 07/01/2033 •  | 162 | 158 |
| 2.601% due 12/01/2034 •  | 23 | 23 |
| 2.605% due 04/01/2033 •  | 78 | 76 |
| 2.647% due 11/01/2035 •  | 1 | 1 |
| 2.655% due 07/01/2035 •  | 21 | 21 |
| 2.656% due 01/01/2036 •  | 1 | 1 |
| 2.665% due 12/01/2032 •  | 13 | 13 |
| 2.674% due 07/01/2026 •  | 45 | 44 |
| 2.678% due 05/01/2033 •  | 4 | 4 |
| 2.697% due 07/01/2027 •  | 1 | 1 |
| 2.708% due 03/01/2030 •  | 49 | 48 |
| 2.716% due 10/01/2034 •  | 36 | 36 |
| 2.744% due 09/01/2033 •  | 15 | 15 |
| 2.770% due 11/01/2027 •  | 2 | 2 |
| 2.814% due 06/01/2032 •  | 2 | 2 |
| 2.836% due 01/01/2036 •  | 58 | 58 |
| 2.839% due 01/01/2038 •  | 1 | 1 |
| 2.840% due 02/01/2035 •  | 10 | 10 |
| 2.842% due 06/01/2037 •  | 7 | 6 |
| 2.846% due 11/01/2033 •  | 80 | 77 |
| 2.864% due 11/01/2040 •  | 2 | 2 |
| 2.873% due 02/01/2036 •  | 31 | 30 |
| 2.879% due 05/01/2032 •  | 6 | 6 |
| 2.889% due 07/01/2042 - 07/01/2044 •  | 171 | 163 |
| 2.893% due 03/01/2034 •  | 201 | 196 |
| 2.895% due 07/01/2033 •  | 30 | 29 |
| 2.907% due 07/01/2033 •  | 1 | 1 |
| 2.913% due 04/01/2033 - 09/01/2033 •  | 28 | 27 |
| 2.915% due 10/01/2032 - 09/01/2034 •  | 28 | 26 |
| 2.939% due 09/01/2041 •  | 11 | 11 |
| 2.945% due 04/01/2034 •  | 18 | 18 |
| 2.953% due 12/01/2032 •  | 64 | 64 |
| 2.980% due 02/01/2035 •  | 6 | 6 |
| 2.988% due 05/01/2036 •  | 24 | 25 |
| 3.025% due 05/01/2030 •  | 12 | 12 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.070% due 04/01/2028 •  | 12 | 11 |
| 3.098% due 02/01/2034 •  | 75 | 73 |
| 3.122% due 06/01/2035 •  | 34 | 34 |
| 3.148% due 03/01/2033 •  | 13 | 12 |
| 3.156% due 04/01/2035 •  | 9 | 9 |
| 3.201% due 01/01/2035 •  | 12 | 12 |
| 3.285% due 05/01/2036 •  | 21 | 21 |
| 3.389% due 11/01/2035 •  | 12 | 11 |
| 3.401% due 07/01/2029 •  | 5 | 5 |
| 3.429% due 02/01/2034 •  | 17 | 17 |
| 3.434% due 09/01/2035 •  | 17 | 17 |
| 3.436% due 08/01/2033 •  | 23 | 22 |
| 3.438% due 05/01/2034 •  | 5 | 5 |
| 3.448% due 01/01/2035 •  | 1 | 1 |
| 3.471% due 07/01/2037 •  | 28 | 28 |
| 3.478% due 11/01/2035 •  | 3 | 3 |
| 3.481% due 11/01/2035 •  | 13 | 13 |
| 3.486% due 01/01/2033 •  | 2 | 2 |
| 3.494% due 10/01/2033 - 04/01/2040 •  | 110 | 110 |
| 3.500% due 06/01/2034 - 11/01/2036 •  | 129 | 127 |
| 3.572% due 08/25/2042 ~ | 11 | 11 |
| 3.575% due 01/01/2033 •  | 2 | 2 |
| 3.582% due 12/01/2036 •  | 2 | 2 |
| 3.624% due 07/01/2034 •  | 49 | 50 |
| 3.625% due 09/01/2033 - 07/01/2035 •  | 69 | 68 |
| 3.632% due 12/01/2034 •  | 5 | 5 |
| 3.635% due 05/01/2036 •  | 33 | 32 |
| 3.644% due 07/01/2035 •  | 2 | 2 |
| 3.644% due 12/25/2036 ~ | 38 | 37 |
| 3.647% due 01/01/2035 •  | 7 | 7 |
| 3.703% due 07/01/2034 •  | 41 | 41 |
| 3.705% due 06/01/2036 •  | 6 | 6 |
| 3.741% due 02/01/2037 •  | 10 | 11 |
| 3.742% due 11/01/2032 •  | 3 | 3 |
| 3.743% due 08/01/2028 •  | 72 | 71 |
| 3.794% due 02/01/2035 •  | 14 | 14 |
| 3.797% due 11/01/2034 •  | 2 | 2 |
| 3.798% due 08/01/2033 •  | 1 | 1 |
| 3.807% due 07/01/2035 •  | 1 | 1 |
| 3.846% due 11/01/2034 •  | 36 | 36 |
| 3.873% due 12/01/2036 •  | 41 | 42 |
| 3.875% due 10/01/2034 •  | 6 | 6 |
| 3.878% due 06/01/2035 •  | 7 | 7 |
| 3.920% due 11/01/2034 •  | 9 | 9 |
| 3.926% due 09/01/2033 •  | 18 | 18 |
| 3.945% due 11/01/2033 •  | 117 | 115 |
| 3.950% due 11/01/2047 •  | 108 | 106 |
| 3.952% due 10/01/2035 •  | 37 | 38 |
| 3.953% due 09/01/2033 •  | 2 | 1 |
| 3.971% due 08/01/2035 •  | 14 | 15 |
| 3.977% due 07/01/2035 •  | 4 | 4 |
| 3.980% due 12/01/2035 •  | 6 | 6 |
| 3.995% due 11/01/2033 •  | 62 | 62 |
| 4.000% due 12/01/2033 - 06/01/2034 •  | 12 | 12 |
| 4.005% due 10/01/2033 •  | 22 | 22 |
| 4.027% due 11/01/2034 •  | 4 | 4 |
| 4.060% due 03/01/2030 | 426 | 416 |
| 4.062% due 01/01/2033 •  | 2 | 2 |
| 4.065% due 11/01/2033 •  | 14 | 13 |
| 4.076% due 12/25/2036 •  | 2 | 2 |
| 4.108% due 01/01/2035 •  | 19 | 19 |
| 4.120% due 10/01/2035 •  | 6 | 6 |
| 4.138% due 07/01/2035 •  | 9 | 10 |
| 4.145% due 05/01/2036 •  | 14 | 14 |
| 4.205% due 08/01/2033 •  | 6 | 6 |
| 4.225% due 12/01/2035 •  | 174 | 171 |
| 4.279% due 11/01/2031 •  | 10 | 10 |
| 4.315% due 08/01/2037 •  | 294 | 290 |
| 4.330% due 10/01/2033 •  | 62 | 61 |
| 4.345% due 06/01/2034 •  | 71 | 70 |
| 4.354% due 09/17/2027 ~ | 10 | 10 |
| 4.366% due 09/25/2042 •  | 108 | 106 |
| 4.393% due 09/01/2035 •  | 59 | 58 |
| 4.400% due 11/01/2032 •  | 6 | 6 |
| 4.500% due 11/01/2026 •  | 24 | 24 |
| 4.509% due 03/25/2034 ~ | 12 | 12 |
| 4.589% due 05/25/2035 •  | 2 | 2 |
| 4.616% due 12/25/2023 •  | 11 | 11 |
| 4.633% due 12/01/2030 •  | 1 | 1 |
| 4.689% due 01/25/2034 ~ | 7 | 7 |
| 4.717% due 05/01/2035 •  | 30 | 30 |
| 4.721% due 09/01/2035 •  | 49 | 51 |
| 4.739% due 05/18/2032 •  | 15 | 15 |
| 4.739% due 05/25/2042 ~ | 12 | 12 |
| 4.766% due 08/01/2026 | 402 | 403 |
| 4.789% due 06/25/2029 - 12/25/2033 •  | 20 | 20 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.789% due 10/18/2030 - 06/25/2032 ~ | 19 | 19 |
| 4.829% due 05/25/2036 •  | 5 | 4 |
| 4.839% due 10/25/2030 •  | 14 | 14 |
| 4.839% due 11/18/2030 ~ | 8 | 8 |
| 4.845% due 09/01/2037 •  | 147 | 147 |
| 4.847% due 12/25/2042 ~ | 68 | 65 |
| 4.889% due 08/25/2031 - 01/25/2033 •  | 23 | 22 |
| 4.939% due 12/25/2030 •  | 12 | 12 |
| 4.965% due 05/01/2034 •  | 49 | 49 |
| 5.039% due 09/25/2023 - 11/25/2031 •  | 18 | 18 |
| 5.072% due 03/01/2035 •  | 23 | 23 |
| 5.089% due 04/25/2032 ~ | 15 | 15 |
| 5.389% due 12/25/2023 ~ | 13 | 13 |
| 5.389% due 04/25/2032 •  | 9 | 9 |
| 5.539% due 04/25/2023 - 10/25/2023 •  | 2 | 2 |
| 5.589% due 01/25/2024 •  | 4 | 4 |
| 6.000% due 02/25/2044 - 08/25/2044 | 19 | 19 |
| 6.177% due 09/01/2024 •  | 54 | 54 |
| 6.250% due 05/25/2042 | 15 | 15 |
| 6.500% due 11/25/2023 - 01/25/2044 | 200 | 206 |
| 7.000% due 02/25/2023 - 02/25/2044 | 18 | 19 |
| 7.500% due 05/25/2042 | 16 | 17 |
| 8.000% due 11/25/2023 - 10/01/2026 | 4 | 4 |
| **Freddie Mac**  |  |  |
| 1.802% due 03/01/2035 •  | 9 | 9 |
| 1.955% due 12/01/2036 •  | 18 | 18 |
| 2.000% due 12/01/2034 •  | 97 | 95 |
| 2.008% due 02/01/2037 •  | 2 | 2 |
| 2.105% due 01/01/2037 •  | 2 | 2 |
| 2.119% due 01/01/2030 •  | 15 | 15 |
| 2.322% due 03/01/2036 •  | 63 | 64 |
| 2.370% due 02/01/2036 •  | 5 | 5 |
| 2.460% due 02/01/2035 •  | 34 | 33 |
| 2.490% due 12/01/2032 •  | 3 | 3 |
| 2.509% due 01/01/2035 •  | 2 | 2 |
| 2.511% due 04/01/2036 •  | 92 | 91 |
| 2.530% due 03/01/2036 •  | 114 | 112 |
| 2.580% due 04/01/2034 •  | 40 | 39 |
| 2.583% due 03/01/2032 •  | 21 | 21 |
| 2.597% due 03/01/2036 •  | 2 | 2 |
| 2.655% due 09/01/2037 •  | 203 | 201 |
| 2.889% due 02/25/2045 •  | 110 | 110 |
| 2.928% due 04/01/2034 •  | 1 | 1 |
| 2.962% due 03/01/2035 •  | 19 | 19 |
| 3.000% due 02/01/2048 | 2574 | 2295 |
| 3.009% due 01/01/2034 •  | 68 | 66 |
| 3.039% due 12/01/2035 •  | 8 | 8 |
| 3.096% due 04/01/2032 •  | 51 | 50 |
| 3.248% due 10/25/2044 •  | 260 | 259 |
| 3.250% due 04/01/2032 •  | 7 | 7 |
| 3.284% due 01/01/2036 •  | 8 | 8 |
| 3.340% due 05/01/2035 •  | 61 | 60 |
| 3.448% due 07/25/2044 •  | 1213 | 1215 |
| 3.491% due 07/01/2035 •  | 1 | 1 |
| 3.581% due 09/01/2034 •  | 7 | 6 |
| 3.591% due 09/01/2030 •  | 41 | 40 |
| 3.627% due 07/01/2033 •  | 1 | 1 |
| 3.729% due 08/01/2035 •  | 3 | 3 |
| 3.730% due 07/01/2035 •  | 8 | 8 |
| 3.847% due 01/01/2036 •  | 2 | 2 |
| 3.851% due 06/01/2035 •  | 4 | 4 |
| 3.915% due 08/01/2035 •  | 86 | 85 |
| 3.934% due 04/01/2030 •  | 24 | 24 |
| 3.975% due 08/01/2033 •  | 3 | 3 |
| 3.981% due 08/01/2035 •  | 24 | 24 |
| 4.021% due 09/01/2035 •  | 3 | 3 |
| 4.051% due 12/01/2034 •  | 2 | 2 |
| 4.090% due 09/01/2035 •  | 1 | 1 |
| 4.125% due 11/01/2029 •  | 10 | 10 |
| 4.129% due 01/01/2030 •  | 55 | 53 |
| 4.152% due 10/01/2027 •  | 3 | 3 |
| 4.165% due 11/01/2034 •  | 121 | 119 |
| 4.182% due 07/01/2037 •  | 72 | 71 |
| 4.200% due 07/01/2033 •  | 5 | 5 |
| 4.230% due 11/01/2036 •  | 233 | 226 |
| 4.235% due 02/01/2036 •  | 5 | 5 |
| 4.250% due 09/01/2035 •  | 12 | 12 |
| 4.290% due 07/01/2036 •  | 68 | 66 |
| 4.303% due 11/01/2036 •  | 1 | 1 |
| 4.335% due 08/01/2037 •  | 68 | 67 |
| 4.350% due 11/01/2033 •  | 13 | 13 |
| 4.353% due 09/01/2034 •  | 105 | 103 |
| 4.375% due 11/01/2033 - 10/01/2034 •  | 49 | 48 |
| 4.379% due 08/01/2023 •  | 1 | 1 |
| 4.405% due 11/01/2036 •  | 2 | 2 |
| 4.493% due 09/01/2035 •  | 39 | 38 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.500% due 04/15/2032 | 129 | 127 |
| 4.618% due 03/15/2036 •  | 1 | 1 |
| 4.649% due 08/25/2031 ~ | 202 | 200 |
| 4.668% due 02/15/2029 •  | 3 | 3 |
| 4.668% due 03/15/2029 ~ | 15 | 15 |
| 4.669% due 09/25/2031 •  | 105 | 104 |
| 4.718% due 07/15/2026 - 11/15/2032 •  | 18 | 17 |
| 4.718% due 01/15/2033 ~ | 27 | 27 |
| 4.739% due 06/25/2029 ~ | 47 | 46 |
| 4.768% due 03/15/2024 - 09/15/2026 •  | 9 | 9 |
| 4.768% due 08/15/2029 ~ | 11 | 11 |
| 4.789% due 05/25/2043 ~ | 706 | 682 |
| 4.818% due 05/15/2023 - 10/15/2026 ~ | 16 | 15 |
| 4.818% due 01/15/2032 •  | 2 | 2 |
| 4.868% due 08/15/2029 - 02/15/2032 ~ | 35 | 35 |
| 4.868% due 03/15/2032 •  | 5 | 5 |
| 4.918% due 06/15/2029 - 12/15/2031 ~ | 28 | 29 |
| 5.500% due 10/15/2032 | 4 | 4 |
| 6.000% due 01/15/2029 - 05/01/2035 | 14 | 14 |
| 7.000% due 07/15/2027 | 7 | 8 |
| **Ginnie Mae**  |  |  |
| 1.625% due 12/20/2045 •  | 92 | 89 |
| 1.750% due 10/20/2029 •  | 169 | 163 |
| 2.625% (H15T1Y + 1.500%) due 02/20/2025 - 07/20/2026 ~ | 4 | 3 |
| 2.625% due 01/20/2027 - 09/20/2045 •  | 413 | 404 |
| 2.875% due 04/20/2033 •  | 21 | 21 |
| 4.508% due 09/20/2067 •  | 6103 | 6076 |
| **Ginnie Mae, TBA**  |  |  |
| 2.500% due 02/01/2053 | 900 | 781 |
| 3.500% due 02/01/2053 (f) | 5200 | 4782 |
| 4.000% due 01/01/2053 | 200 | 189 |
| 4.500% due 01/01/2053 | 13400 | 13001 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 08/01/2028 - 04/01/2030 | 119 | 114 |
| 3.500% due 11/01/2044 - 02/01/2050 | 2615 | 2425 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 2.500% due 01/01/2037 - 12/01/2051 | 4200 | 3565 |
| 3.000% due 01/01/2038 | 13100 | 12271 |
| 3.000% due 02/01/2053 (f) | 19800 | 17397 |
| 3.500% due 02/01/2049 (f) | 100 | 91 |
| 3.500% due 02/01/2053 | 40850 | 37141 |
| 4.000% due 01/01/2053 (f) | 36200 | 33955 |
| 4.000% due 03/01/2053 | 35500 | 33315 |
| 4.500% due 02/01/2053 | 9500 | 9145 |
| 6.000% due 01/01/2053 - 02/01/2053 | 21300 | 21603 |
| Total U.S. Government Agencies (Cost $212,743) |  | 209713 |
| **U.S. TREASURY OBLIGATIONS 2.9%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 3.125% due 02/15/2043 (g)(i) | 4730 | 4040 |
| 4.000% due 11/15/2042 (a) | 1800 | 1763 |
| 4.000% due 11/15/2052 | 1300 | 1302 |
| Total U.S. Treasury Obligations (Cost $8,724) |  | 7105 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 41.1%**  |  |  |
| **Adjustable Rate Mortgage Trust**  |  |  |
| 3.611% due 11/25/2035 ^~  | 86 | 66 |
| 3.711% due 03/25/2035 ~  | 15 | 15 |
| **Arbor Multifamily Mortgage Securities Trust** <br>2.756% due 05/15/2053 | 1200 | 1024 |
| **Ashford Hospitality Trust**  |  |  |
| 5.768% due 06/15/2035 •  | 400 | 385 |
| 6.168% due 06/15/2035 •  | 300 | 286 |
| 7.068% due 06/15/2035 •  | 400 | 378 |
| **BAMLL Commercial Mortgage Securities Trust**  |  |  |
| 5.518% due 03/15/2034 •  | 100 | 97 |
| 5.918% due 03/15/2034 •  | 3170 | 3074 |
| **Banc of America Funding Trust**  |  |  |
| 3.418% due 05/25/2035 ~  | 5230 | 4929 |
| 4.245% due 11/20/2035 ^~  | 129 | 114 |
| **Banc of America Mortgage Trust**  |  |  |
| 3.307% due 06/25/2034 ~  | 17 | 16 |
| 3.507% due 02/25/2034 ~  | 86 | 84 |
| 3.798% due 11/25/2033 ~  | 21 | 19 |
| 4.014% due 05/25/2033 ~  | 31 | 29 |
| 4.071% due 01/25/2034 ~  | 15 | 15 |
| 4.144% due 09/25/2033 ~  | 55 | 49 |
| 4.204% due 10/25/2035 ^~  | 11 | 10 |
| **Barclays Commercial Mortgage Securities Trust** <br>4.314% due 12/15/2051 | 800 | 763 |
| **BCAP LLC Trust** <br>6.500% due 02/26/2036 ~ | 432 | 417 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 3.149% due 02/25/2034 ~  | 202 | 191 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.169% due 07/25/2034 ~  | 13 | 12 |
| 3.239% due 04/25/2033 ~  | 16 | 15 |
| 3.250% due 02/25/2033 ~  | 1 | 1 |
| 3.373% due 02/25/2034 ~  | 31 | 29 |
| 3.589% due 10/25/2033 ~  | 4 | 3 |
| 3.830% due 01/25/2034 ~  | 46 | 43 |
| 3.874% due 01/25/2035 ~  | 20 | 19 |
| 4.010% due 01/25/2034 ~  | 143 | 138 |
| 4.340% due 02/25/2033 ~  | 1 | 1 |
| 4.960% due 01/25/2035 ~  | 17 | 15 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 3.586% due 11/25/2036 ^~  | 250 | 134 |
| 4.709% due 02/25/2034 •  | 195 | 173 |
| 4.729% due 08/25/2036 ^~  | 4 | 3 |
| **CD Mortgage Trust** <br>3.431% due 08/15/2050 | 400 | 368 |
| **Chase Mortgage Finance Trust**  |  |  |
| 3.492% due 02/25/2037 ~  | 209 | 199 |
| 3.941% due 12/25/2035 ^~  | 30 | 26 |
| 3.946% due 12/25/2035 ^~  | 22 | 20 |
| **Citigroup Commercial Mortgage Trust** <br>3.778% due 09/10/2058 | 900 | 857 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 3.325% due 03/25/2034 ~  | 28 | 26 |
| 3.950% due 05/25/2035 •  | 16 | 15 |
| 4.168% due 08/25/2034 ~  | 1 | 1 |
| 5.189% due 08/25/2035 ^•  | 90 | 86 |
| 6.080% due 09/25/2035 •  | 41 | 40 |
| 6.470% due 11/25/2035 ~  | 25 | 24 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 2.690% due 08/25/2035 ~  | 1045 | 952 |
| 3.377% due 10/25/2035 ^~  | 8 | 7 |
| 4.789% due 06/25/2037 •  | 779 | 682 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 3.127% due 06/20/2035 ~  | 43 | 40 |
| 3.647% due 12/25/2033 ~  | 31 | 29 |
| 3.792% due 11/25/2034 ~  | 822 | 743 |
| 3.872% due 08/25/2034 ^~  | 120 | 103 |
| 4.739% due 08/25/2035 ^•  | 62 | 14 |
| 5.500% due 11/25/2035 ^  | 68 | 36 |
| 6.537% due 02/20/2036 ^•  | 20 | 18 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>3.440% due 11/25/2032 ~ | 5 | 5 |
| **Credit Suisse First Boston Mortgage-Backed Pass-Through Certificates**  |  |  |
| 3.139% due 07/25/2033 ~  | 47 | 45 |
| 3.522% due 07/25/2033 ~  | 240 | 224 |
| 3.706% due 01/25/2034 ~  | 111 | 104 |
| 3.984% due 10/25/2033 ~  | 21 | 20 |
| **Credit Suisse Mortgage Capital Trust**  |  |  |
| 2.691% due 03/25/2060 ~  | 788 | 755 |
| 3.023% due 08/25/2060 ~  | 648 | 622 |
| **CSAIL Commercial Mortgage Trust** <br>3.329% due 06/15/2052 | 200 | 177 |
| **Ellington Financial Mortgage Trust** <br>2.006% due 05/25/2065 ~ | 53 | 52 |
| **Extended Stay America Trust** <br>5.398% due 07/15/2038 ~ | 3807 | 3703 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 3.662% due 08/25/2034 ~  | 43 | 44 |
| 4.759% due 07/25/2035 ~  | 88 | 60 |
| **First Horizon Mortgage Pass-Through Trust**  |  |  |
| 4.659% due 02/25/2035 ~  | 25 | 22 |
| 5.449% due 02/25/2035 ~  | 208 | 195 |
| **FWD Securitization Trust** <br>2.240% due 01/25/2050 ~ | 186 | 166 |
| **GCAT Trust**  |  |  |
| 1.091% due 05/25/2066 ~  | 5703 | 4563 |
| 1.348% due 05/25/2066 ~  | 588 | 473 |
| 1.503% due 05/25/2066 ~  | 588 | 464 |
| **GMAC Mortgage Corp. Loan Trust** <br>3.600% due 11/19/2035 ~ | 37 | 31 |
| **GS Mortgage Securities Corp. Trust**  |  |  |
| 3.104% due 05/10/2034  | 2100 | 1900 |
| 3.924% due 10/10/2032  | 1700 | 1635 |
| **GS Mortgage-Backed Securities Corp. Trust** <br>1.750% due 12/25/2060 ~ | 3160 | 2872 |
| **GSR Mortgage Loan Trust**  |  |  |
| 2.880% due 03/25/2033 •  | 2 | 2 |
| 3.028% due 06/25/2034 ~  | 6 | 5 |
| 3.154% due 06/25/2034 ~  | 13 | 12 |
| 3.171% due 05/25/2035 ~  | 42 | 35 |
| 3.487% due 08/25/2034 ~  | 24 | 22 |
| 3.767% due 09/25/2035 ~  | 2073 | 1946 |
| 4.250% due 09/25/2034 ~  | 1179 | 1114 |
| 4.739% due 01/25/2034 ~  | 61 | 61 |
| 6.000% due 03/25/2032  | 2 | 2 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **HarborView** **Mortgage Loan Trust**  |  |  |
| 4.719% due 02/19/2046 •  | 422 | 341 |
| 4.779% due 05/19/2035 ~  | 20 | 18 |
| **Impac CMB Trust** <br>5.029% due 08/25/2035 •  | 532 | 484 |
| **IndyMac Adjustable Rate Mortgage Trust** <br>3.544% due 01/25/2032 ~ | 10 | 9 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 4.769% due 09/25/2046 •  | 243 | 211 |
| 5.169% due 05/25/2034 •  | 19 | 17 |
| **JP Morgan Alternative Loan Trust** <br>5.500% due 11/25/2036 ^~ | 19 | 8 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.418% due 12/15/2036 •  | 500 | 464 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.062% due 11/25/2033 ~  | 6 | 6 |
| 3.346% due 07/25/2035 ~  | 126 | 117 |
| 3.416% due 04/25/2035 ~  | 9 | 9 |
| 3.453% due 07/25/2035 ~  | 98 | 92 |
| 3.708% due 07/25/2035 ~  | 3 | 3 |
| 3.879% due 11/25/2035 ^~  | 73 | 64 |
| 4.059% due 09/25/2034 ~  | 1 | 1 |
| 4.191% due 11/25/2033 ~  | 5 | 5 |
| 4.233% due 10/25/2035 ~  | 121 | 105 |
| **Legacy Mortgage Asset Trust**  |  |  |
| 1.750% due 07/25/2061 þ  | 3044 | 2767 |
| 2.734% due 01/25/2060 þ  | 365 | 357 |
| **MASTR Adjustable Rate Mortgages Trust**  |  |  |
| 2.478% due 02/25/2034 ~  | 153 | 127 |
| 2.925% due 12/25/2033 ~  | 16 | 14 |
| 3.565% due 01/25/2036 ~  | 27 | 25 |
| 3.817% due 01/25/2034 ~  | 4 | 3 |
| 3.855% due 08/25/2034 ~  | 201 | 195 |
| 3.874% due 11/21/2034 ~  | 27 | 25 |
| 4.062% due 08/25/2034 ~  | 247 | 234 |
| 4.243% due 07/25/2034 ~  | 189 | 182 |
| 4.500% due 09/25/2033 ~  | 97 | 87 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 2.848% due 04/25/2035 ~  | 159 | 141 |
| 3.046% due 02/25/2035 ~  | 45 | 42 |
| 3.189% due 02/25/2034 ~  | 19 | 15 |
| 4.038% due 09/25/2033 ~  | 5 | 4 |
| 4.386% due 03/25/2028 •  | 49 | 46 |
| 5.009% due 08/25/2028 ~  | 323 | 308 |
| 5.049% due 06/25/2028 •  | 56 | 51 |
| **MFA Trust**  |  |  |
| 1.014% due 01/26/2065 ~  | 723 | 663 |
| 1.324% due 01/26/2065 ~  | 258 | 237 |
| 1.479% due 03/25/2065 ~  | 253 | 234 |
| 1.632% due 01/26/2065 ~  | 258 | 237 |
| **Mill City Mortgage Loan Trust** <br>2.750% due 08/25/2059 ~ | 696 | 654 |
| **Morgan Stanley Bank of America Merrill Lynch Trust** <br>3.732% due 05/15/2048 | 700 | 666 |
| **Morgan Stanley Capital Trust** <br>2.428% due 04/05/2042 ~ | 1800 | 1376 |
| **Morgan Stanley Mortgage Loan Trust** <br>4.709% due 01/25/2035 •  | 652 | 578 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 2840 | 2652 |
| 2.750% due 11/25/2059 ~  | 3528 | 3232 |
| 3.500% due 10/25/2059 ~  | 94 | 87 |
| **New York Mortgage Trust** <br>1.670% due 08/25/2061 þ | 3138 | 2828 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>3.189% due 10/25/2035 ~ | 19 | 12 |
| **Pepper Residential Securities Trust**  |  |  |
| 5.239% due 11/18/2060 •  | 109 | 109 |
| 5.353% due 06/20/2060 •  | 184 | 183 |
| **Prime Mortgage Trust**  |  |  |
| 4.789% due 02/25/2034 •  | 12 | 12 |
| 6.000% due 02/25/2034  | 5 | 5 |
| **Residential Asset Mortgage Products Trust** <br>8.500% due 12/25/2031 | 530 | 264 |
| **Residential Funding Mortgage Securities, Inc. Trust**  |  |  |
| 5.289% due 02/25/2036 ^~  | 61 | 51 |
| 6.500% due 03/25/2032  | 7 | 6 |
| **RESIMAC Bastille Trust** <br>5.102% due 09/05/2057 •  | 70 | 70 |
| **RESIMAC Premier** <br>5.267% due 02/07/2052 •  | 364 | 363 |
| **Sequoia Mortgage Trust**  |  |  |
| 3.932% due 07/20/2034 ~  | 13 | 12 |
| 4.008% due 03/20/2035 ~  | 114 | 103 |
| 5.113% due 04/20/2033 •  | 12 | 11 |
| 5.153% due 10/20/2027 •  | 32 | 31 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.215% due 05/20/2034 ~  | 126 | 125 |
| **Starwood Mortgage Residential Trust**  |  |  |
| 1.027% due 11/25/2055 ~  | 286 | 265 |
| 1.439% due 11/25/2055 ~  | 143 | 133 |
| 1.486% due 04/25/2065 ~  | 215 | 198 |
| 1.593% due 11/25/2055 ~  | 143 | 132 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.980% due 09/25/2034 ~  | 40 | 38 |
| 4.629% due 03/25/2035 •  | 72 | 53 |
| 4.689% due 09/25/2034 •  | 82 | 71 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 5.019% due 11/19/2033 •  | 15 | 14 |
| 5.019% due 05/19/2035 •  | 95 | 84 |
| 5.039% due 02/19/2035 ~  | 1329 | 1198 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates**  |  |  |
| 3.127% due 09/25/2033 ~  | 14 | 13 |
| 3.988% due 11/25/2033 ~  | 10 | 10 |
| 4.616% due 03/25/2033 ~  | 84 | 82 |
| 5.041% due 06/25/2033 ~  | 270 | 261 |
| **Towd Point Mortgage Trust**  |  |  |
| 1.636% due 04/25/2060 ~  | 4697 | 4136 |
| 2.710% due 01/25/2060 ~  | 4402 | 4055 |
| 2.750% due 06/25/2057 ~  | 433 | 413 |
| 2.900% due 10/25/2059 ~  | 5547 | 5177 |
| 3.722% due 03/25/2058 ~  | 1322 | 1249 |
| 5.389% due 05/25/2058 ~  | 5884 | 5834 |
| 5.389% due 10/25/2059 ~  | 204 | 202 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.048% due 08/25/2046 ~  | 25 | 22 |
| 3.096% due 08/25/2046 •  | 1171 | 894 |
| 3.248% due 11/25/2042 ~  | 62 | 56 |
| 3.448% due 08/25/2042 •  | 5 | 5 |
| 3.548% due 09/25/2046 •  | 2859 | 2619 |
| 3.813% due 10/25/2035 ^~  | 356 | 324 |
| 3.833% due 09/25/2035 ~  | 165 | 146 |
| 4.159% due 08/25/2033 ~  | 232 | 214 |
| 4.237% due 10/25/2033 ~  | 81 | 76 |
| 4.929% due 12/25/2045 •  | 1299 | 1137 |
| 4.969% due 07/25/2045 ~  | 3544 | 3243 |
| 4.969% due 10/25/2045 ~  | 1103 | 1020 |
| 4.969% due 12/25/2045 •  | 988 | 893 |
| 5.189% due 01/25/2045 •  | 509 | 469 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.975% due 02/25/2033 ~  | 1 | 1 |
| 3.912% due 11/25/2030 ~  | 35 | 34 |
| 3.984% due 06/25/2033 ~  | 7 | 7 |
| 7.000% due 03/25/2034  | 15 | 14 |
| **Wells Fargo Commercial Mortgage Trust**  |  |  |
| 2.725% due 02/15/2053  | 600 | 510 |
| 3.809% due 12/15/2048  | 300 | 285 |
| 4.023% due 03/15/2052  | 300 | 280 |
| 5.370% due 12/13/2031 •  | 2815 | 2778 |
| 5.620% due 12/13/2031 ~  | 2335 | 2297 |
| 6.365% due 12/13/2031 ~  | 160 | 155 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>4.076% due 08/25/2035 ~ | 4 | 4 |
| **Worldwide Plaza Trust** <br>3.526% due 11/10/2036 | 1000 | 860 |
| Total Non-Agency Mortgage-Backed Securities (Cost $110,286) |  | 101503 |
| **ASSET-BACKED SECURITIES 38.8%**  |  |  |
| **AccessLex Institute** <br>5.057% due 05/25/2036 •  | 549 | 532 |
| **Accredited Mortgage Loan Trust** <br>4.655% due 01/25/2035 ~ | 445 | 408 |
| **Apex Credit CLO Ltd.** <br>5.736% due 09/20/2029 ~ | 3209 | 3157 |
| **Apidos CLO** <br>5.253% due 04/20/2031 •  | 1500 | 1479 |
| **Apres Static CLO Ltd.** <br>5.149% due 10/15/2028 ~ | 553 | 546 |
| **Ares CLO Ltd.** <br>4.949% due 01/15/2029 ~ | 1050 | 1037 |
| **Arivo Acceptance Auto Loan Receivables Trust** <br>1.190% due 01/15/2027 | 344 | 333 |
| **Barings CLO Ltd.** <br>5.043% due 01/20/2028 •  | 1909 | 1901 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 3.235% due 10/25/2036 ~  | 674 | 520 |
| 5.389% due 11/25/2042 •  | 121 | 118 |
| **Benefit Street Partners CLO Ltd.** <br>5.109% due 01/17/2032 ~ | 3000 | 2938 |
| **BXMT Ltd.** <br>5.322% due 11/15/2037 ~ | 1000 | 985 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Carrington** **Mortgage Loan Trust**  |  |  |
| 5.099% due 04/17/2031 ~  | 6200 | 6090 |
| 5.363% due 10/20/2029 •  | 1254 | 1239 |
| **CIT Mortgage Loan Trust** <br>5.739% due 10/25/2037 •  | 1327 | 1321 |
| **College Avenue Student Loans LLC**  |  |  |
| 1.600% due 07/25/2051  | 837 | 719 |
| 3.280% due 12/28/2048  | 1370 | 1230 |
| 4.130% due 12/26/2047  | 731 | 681 |
| 5.489% due 07/25/2051 •  | 478 | 462 |
| 5.589% due 12/26/2047 ~  | 532 | 522 |
| **Commonbond Student Loan Trust** <br>1.980% due 08/25/2050 | 604 | 515 |
| **Countrywide Asset-Backed Certificates** <br>4.809% due 08/25/2034 •  | 1396 | 1307 |
| **Countrywide Asset-Backed Certificates Trust** <br>4.929% due 12/25/2034 •  | 1472 | 1387 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>6.039% due 05/25/2043 •  | 128 | 128 |
| **Credit-Based Asset Servicing & Securitization LLC** <br>6.780% due 05/25/2035 þ | 368 | 325 |
| **Dryden CLO Ltd.** <br>5.114% due 01/17/2033 •  | 1900 | 1863 |
| **ECMC Group Student Loan Trust** <br>5.389% due 07/25/2069 •  | 671 | 656 |
| **EFS Volunteer LLC** <br>5.208% due 10/25/2035 •  | 178 | 177 |
| **EquiFirst Mortgage Loan Trust** <br>5.451% due 09/25/2033 •  | 55 | 53 |
| **Galaxy CLO Ltd.** <br>5.049% due 10/15/2030 •  | 2000 | 1956 |
| **HERA Commercial Mortgage Ltd.** <br>5.389% due 02/18/2038 ~ | 500 | 484 |
| **Home Equity Asset Trust** <br>4.989% due 11/25/2032 ~ | 8 | 7 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>5.169% due 10/25/2035 ~ | 1600 | 1438 |
| **HSI Asset Securitization Corp. Trust** <br>4.489% due 10/25/2036 •  | 5 | 2 |
| **IndyMac Home Equity Mortgage Loan Asset-Backed Trust** <br>6.372% due 05/25/2033 ~ | 406 | 385 |
| **KKR CLO Ltd.** <br>5.134% due 07/18/2030 ~ | 943 | 934 |
| **LCCM Trust** <br>5.768% due 11/15/2038 ~ | 3800 | 3651 |
| **LCM LP** <br>5.283% due 10/20/2027 •  | 284 | 283 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.949% due 10/25/2034 •  | 736 | 674 |
| 5.089% due 03/25/2032 ~  | 16 | 15 |
| 5.244% due 07/25/2034 ~  | 212 | 201 |
| **Madison Park Funding Ltd.** <br>5.233% due 04/20/2032 ~ | 1500 | 1474 |
| **Merrill Lynch Mortgage Investors Trust** <br>5.409% due 07/25/2035 ~ | 90 | 90 |
| **Morgan Stanley ABS Capital, Inc. Trust** <br>5.034% due 09/25/2035 ~ | 851 | 847 |
| **Morgan Stanley Dean Witter Capital, Inc. Trust** <br>5.739% due 02/25/2033 •  | 64 | 63 |
| **Mountain View CLO LLC** <br>5.169% due 10/16/2029 •  | 1308 | 1294 |
| **Nassau Ltd.** <br>5.229% due 10/15/2029 •  | 1549 | 1529 |
| **Nationstar NIM Ltd.** <br>8.000% due 06/25/2037 | 24 | 0 |
| **Navient Private Education Loan Trust** <br>5.218% due 11/15/2068 •  | 153 | 150 |
| **Navient Private Education Refi Loan Trust**  |  |  |
| 1.170% due 09/16/2069  | 818 | 726 |
| 3.010% due 12/15/2059  | 1320 | 1203 |
| 3.130% due 02/15/2068  | 360 | 340 |
| 3.190% due 02/18/2042  | 32 | 32 |
| 3.520% due 06/16/2042  | 29 | 28 |
| **Navient Student Loan Trust** <br>4.000% due 12/15/2059 | 1723 | 1669 |
| **Nelnet Student Loan Trust** <br>1.420% due 04/20/2062 | 2344 | 2084 |
| **Neuberger Berman CLO Ltd.** <br>5.283% due 04/20/2031 ~ | 1500 | 1475 |
| **NovaStar Mortgage Funding Trust** <br>5.129% due 02/25/2034 ~ | 1674 | 1631 |
| **OZLM Ltd.** <br>5.393% due 01/20/2031 ~ | 2400 | 2361 |
| **Pagaya AI Debt Selection Trust** <br>1.530% due 08/15/2029 | 1151 | 1110 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Palmer** **Square Loan Funding Ltd.** <br>5.475% due 02/20/2028 •  | 219 | 218 |
| **PRET LLC**  |  |  |
| 1.843% due 09/25/2051 þ  | 3088 | 2767 |
| 1.992% due 02/25/2061 þ  | 3856 | 3495 |
| 2.487% due 10/25/2051 þ  | 3245 | 2946 |
| **Ready Capital Mortgage Financing LLC** <br>6.539% due 02/25/2035 •  | 413 | 403 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 5.089% due 08/25/2032 ~  | 10 | 9 |
| 5.489% due 09/25/2037 •  | 3298 | 1567 |
| **Residential Asset Securities Corp. Trust** <br>4.649% due 07/25/2036 •  | 1857 | 1846 |
| **SLM Private Credit Student Loan Trust**  |  |  |
| 5.039% due 12/15/2039 ~  | 222 | 210 |
| 5.059% due 06/15/2039 •  | 3072 | 2895 |
| 5.099% due 06/15/2039 ~  | 1384 | 1314 |
| **SMB Private Education Loan Trust**  |  |  |
| 1.290% due 07/15/2053  | 1373 | 1212 |
| 1.600% due 09/15/2054  | 975 | 867 |
| 2.230% due 09/15/2037  | 415 | 379 |
| 2.840% due 06/15/2037  | 411 | 384 |
| 2.880% due 09/15/2034  | 122 | 117 |
| 3.940% due 02/16/2055  | 1270 | 1175 |
| 4.668% due 02/16/2055 •  | 1451 | 1408 |
| **SoFi Professional Loan Program LLC**  |  |  |
| 2.340% due 04/25/2033  | 336 | 329 |
| 2.630% due 07/25/2040  | 473 | 464 |
| 2.650% due 09/25/2040  | 676 | 647 |
| 2.740% due 05/25/2040  | 270 | 266 |
| **Sound Point CLO Ltd.**  |  |  |
| 5.223% due 10/20/2030 •  | 2000 | 1973 |
| 5.225% due 01/23/2029 ~  | 747 | 737 |
| 5.338% due 07/25/2030 •  | 1600 | 1576 |
| **Soundview Home Loan Trust** <br>5.689% due 11/25/2033 •  | 21 | 21 |
| **Starwood Commercial Mortgage Trust** <br>5.520% due 07/15/2038 •  | 1844 | 1807 |
| **Terwin Mortgage Trust** <br>5.514% due 04/25/2036 ~ | 1410 | 1390 |
| **TruPS Financials Note Securitization Ltd.** <br>6.316% due 09/20/2039 •  | 2048 | 1946 |
| **Upstart Securitization Trust** <br>1.310% due 11/20/2031 | 865 | 828 |
| Total Asset-Backed Securities (Cost $101,621) |  | 95961 |
| **SHORT-TERM INSTRUMENTS 0.7%**  |  |  |
| **REPURCHASE AGREEMENTS (e) 0.6%** |  | 1458 |
| **U.S. TREASURY BILLS 0.1%**  |  |  |
| 3.323% due 01/10/2023 (c)(d)(i) | 306 | 306 |
| Total Short-Term Instruments (Cost $1,764) |  | 1764 |
| Total Investments in Securities (Cost $436,174) |  | 416054 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 6.3%**  |  |  |
| **SHORT-TERM INSTRUMENTS 6.3%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 6.3%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 1594700 | 15494 |
| Total Short-Term Instruments (Cost $15,491) |  | 15494 |
| Total Investments in Affiliates (Cost $15,491) |  | 15494 |
| Total Investments 174.6% (Cost $451,665) |  | $431548 |
| **Financial Derivative Instruments (f)(h) (0.0)**%(Cost or Premiums, net $2,474) |  | (115) |
| Other Assets and Liabilities, net (74.6)% |  | (184291) |
| Net Assets 100.0% |  | $247142 |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(e)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | 01/03/2023 | 1458 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 06/29/2023 | (1487) | (1487) | 1458 | $1458 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  |  | **(1487)** | **(1487)** | **1458** | $**1458** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Coupon | Maturity<br>Date | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% | U.S. Government Agencies (17.0)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000% | 01/01/2053 | 01/01/2053 | 6700 | $ | (5421) | $(5453) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 01/01/2053 | 01/01/2053 | 1200 |  | (1103) | (1091) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.000 | 01/01/2053 | 01/01/2053 | 37900 |  | (36245) | (35549) |
| **Total Short Sales (17.0)%** | **Total Short Sales (17.0)%** | **Total Short Sales (17.0)%** | **Total Short Sales (17.0)%** | **Total Short Sales (17.0)%** |  |  |  |  | **$** | **(42769)** | $**(42093)** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **(f)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value |
| Put - CME 3-Month SOFR Active Contract December 2023 Futures  | Put - CME 3-Month SOFR Active Contract December 2023 Futures  | Put - CME 3-Month SOFR Active Contract December 2023 Futures  | 96.500 | 12/15/2023 | 12/15/2023 | 12/15/2023 | 5 | (5) | (5) | (5) | (15) |
| Call - CME 3-Month SOFR Active Contract December 2023 Futures  | Call - CME 3-Month SOFR Active Contract December 2023 Futures  | Call - CME 3-Month SOFR Active Contract December 2023 Futures  | 98.000 | 12/15/2023 | 12/15/2023 | 12/15/2023 | 5 | (4) | (4) | (4) | (1) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(9)** | **(9)** | **(9)** | **(16)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Liability |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 16 | $2149 | 2149 | 2149 | 2149 | $(23) | $ | 0 | 0 | (8) |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2024 | 10 | (2387) | $46 | 46 | 1 | 1 | 1 | 0 |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2025 | 6 | (1450) | 16 | 16 | 0 | 0 | 0 | (1) |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2026 | 6 | (1452) | 15 | 15 | 0 | 0 | 0 | (1) |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2024 | 7 | (1684) | 24 | 24 | 0 | 0 | 0 | 0 |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2025 | 6 | (1452) | 16 | 16 | 0 | 0 | 0 | (1) |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2024 | 9 | (2157) | 36 | 36 | 1 | 1 | 1 | 0 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2025 | 6 | (1451) | 16 | 16 | 0 | 0 | 0 | (1) |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2026 | 6 | (1452) | 15 | 15 | 0 | 0 | 0 | (1) |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2024 | 6 | (1448) | 18 | 18 | 0 | 0 | 0 | 1 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2025 | 4 | (968) | 10 | 10 | 0 | 0 | 0 | 1 |
| U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | 03/2023 | 357 | (40090) | 109 | 109 | 50 | 50 | 50 | 0 |
| U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | 03/2023 | 32 | (4011) | (2) | (2) | 5 | 5 | 5 | 0 |
|  |  |  |  |  |  |  |  | 319 | $ | 57 | 57 | $ | (3) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **296** | **$** | **57** | **57** | **$** | **(11)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive<sup>(1)</sup> | 1-Day USD-SOFR Compounded-OIS | 2.450% | Annual | 12/20/2024 | 12/20/2024 | $12000 | $(1) | 180 | 179 | 179 | $6 | 6 | $0 |
| Receive<sup>(1)</sup> | 1-Day USD-SOFR Compounded-OIS | 2.350 | Annual | 01/17/2025 | 01/17/2025 | 6000 | 1 | 88 | 89 | 89 | 2 | 2 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2025 | 06/15/2025 | 11900 | 333 | 428 | 761 | 761 | 15 | 15 | 0 |
| Receive<sup>(1)</sup> | 1-Day USD-SOFR Compounded-OIS | 2.300 | Annual | 01/17/2026 | 01/17/2026 | 1000 | 0 | 24 | 24 | 24 | 1 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.573 | Annual | 02/28/2027 | 02/28/2027 | 500 | (1) | (44) | (45) | (45) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.928 | Annual | 03/25/2027 | 03/25/2027 | 800 | (2) | (58) | (60) | (60) | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.620 | Annual | 04/18/2027 | 04/18/2027 | 700 | (2) | (62) | (64) | (64) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.783 | Annual | 04/22/2027 | 04/22/2027 | 600 | (2) | (49) | (51) | (51) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.788 | Annual | 05/03/2027 | 05/03/2027 | 600 | (2) | (49) | (51) | (51) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.250 | Annual | 06/17/2027 | 06/17/2027 | 1200 | (5) | (75) | (80) | (80) | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.370 | Annual | 06/21/2027 | 06/21/2027 | 900 | (4) | (51) | (55) | (55) | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.605 | Annual | 06/28/2027 | 06/28/2027 | 800 | (4) | (36) | (40) | (40) | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.850 | Annual | 08/30/2027 | 08/30/2027 | 700 | (3) | (26) | (29) | (29) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.050 | Annual | 09/07/2027 | 09/07/2027 | 400 | (2) | (11) | (13) | (13) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.450 | Annual | 10/04/2027 | 10/04/2027 | 1190 | 0 | 72 | 72 | 72 | 3 | 3 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.900 | Annual | 10/04/2027 | 10/04/2027 | 3400 | (25) | (110) | (135) | (135) | 0 | 0 | (7) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.955 | Annual | 10/04/2027 | 10/04/2027 | 800 | (6) | (24) | (30) | (30) | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/13/2027 | 12/13/2027 | 700 | (2) | 2 | 0 | 0 | 2 | 2 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.618 | Annual | 02/09/2029 | 02/09/2029 | 7100 | (17) | (788) | (805) | (805) | 0 | 0 | (17) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.888 | Annual | 03/22/2029 | 03/22/2029 | 600 | (2) | (58) | (60) | (60) | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.185 | Annual | 04/21/2029 | 04/21/2029 | 500 | (1) | (41) | (42) | (42) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.000 | Annual | 06/15/2029 | 06/15/2029 | 920 | (37) | (111) | (148) | (148) | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2029 | 06/15/2029 | 580 | (62) | (4) | (66) | (66) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.050 | Annual | 09/08/2029 | 09/08/2029 | 400 | (3) | (11) | (14) | (14) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.100 | Annual | 09/09/2029 | 09/09/2029 | 400 | (3) | (10) | (13) | (13) | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.650 | Annual | 02/08/2032 | 02/08/2032 | 400 | (1) | (59) | (60) | (60) | 0 | 0 | (1) |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1.770 | Annual | 02/14/2032 | 400 |  | (1) |  | (55) |  | (56) |  | 0 |  | (1) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1.730 | Annual | 02/24/2032 | 400 |  | (1) |  | (57) |  | (58) |  | 0 |  | (1) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1.765 | Annual | 03/16/2032 | 100 |  | 0 |  | (14) |  | (14) |  | 0 |  | 0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1.817 | Annual | 04/05/2032 | 1600 |  | (8) |  | (215) |  | (223) |  | 0 |  | (6) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1.872 | Annual | 04/06/2032 | 800 |  | (4) |  | (104) |  | (108) |  | 0 |  | (3) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1.250 | Annual | 06/15/2032 | 3430 |  | (247) |  | (414) |  | (661) |  | 0 |  | (10) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2032 | 2640 |  | (120) |  | (276) |  | (396) |  | 0 |  | (8) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 2.680 | Annual | 07/11/2032 | 400 |  | (6) |  | (23) |  | (29) |  | 0 |  | (1) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 2.690 | Annual | 07/11/2032 | 400 |  | (6) |  | (23) |  | (29) |  | 0 |  | (1) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 3.050 | Annual | 09/06/2032 | 600 |  | (5) |  | (21) |  | (26) |  | 0 |  | (2) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.610 | Annual | 12/12/2032 | 300 |  | (1) |  | 0 |  | (1) |  | 1 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.350 | Annual | 12/14/2032 | 100 |  | 0 |  | 2 |  | 2 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2052 | 16000 |  | 1923 |  | 2550 |  | 4473 |  | 65 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 1.270 | Semi-Annual | 11/04/2023 | 26900 |  | (197) |  | (799) |  | (996) |  | 0 |  | (15) |
| Pay | Pay | 3-Month USD-LIBOR | 1.000 | Semi-Annual | 01/26/2024 | 800 |  | (1) |  | (36) |  | (37) |  | 0 |  | (1) |
| Pay<sup>(1)</sup> | Pay<sup>(1)</sup> | 3-Month USD-LIBOR | 1.700 | Semi-Annual | 03/06/2024 | 1700 |  | (2) |  | (54) |  | (56) |  | 0 |  | (1) |
| Receive | Receive | 3-Month USD-LIBOR | 0.928 | Semi-Annual | 05/06/2026 | 900 |  | (1) |  | 99 |  | 98 |  | 1 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 3.000 | Semi-Annual | 06/19/2026 | 25300 |  | (899) |  | 1917 |  | 1018 |  | 40 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.250 | Semi-Annual | 12/15/2026 | 200 |  | (4) |  | 25 |  | 21 |  | 0 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.750 | Semi-Annual | 12/21/2026 | 23400 |  | 1029 |  | 1032 |  | 2061 |  | 38 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 1.380 | Semi-Annual | 01/04/2027 | 1100 |  | (2) |  | (112) |  | (114) |  | 0 |  | (2) |
| Pay | Pay | 3-Month USD-LIBOR | 1.570 | Semi-Annual | 01/12/2027 | 400 |  | (1) |  | (37) |  | (38) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.425 | Semi-Annual | 01/18/2027 | 800 |  | (2) |  | (80) |  | (82) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.418 | Semi-Annual | 01/20/2027 | 400 |  | (1) |  | (40) |  | (41) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.580 | Semi-Annual | 02/16/2027 | 700 |  | (2) |  | (65) |  | (67) |  | 0 |  | (1) |
| Receive | Receive | 3-Month USD-LIBOR | 1.500 | Semi-Annual | 06/21/2027 | 2900 |  | 201 |  | 105 |  | 306 |  | 5 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 0.500 | Semi-Annual | 06/16/2028 | 38245 |  | 1607 |  | 4898 |  | 6505 |  | 6 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 1.265 | Semi-Annual | 09/28/2028 | 600 |  | (1) |  | (80) |  | (81) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.500 | Semi-Annual | 12/15/2028 | 2948 |  | 58 |  | (445) |  | (387) |  | 0 |  | (6) |
| Receive | Receive | 3-Month USD-LIBOR | 1.379 | Semi-Annual | 12/22/2028 | 600 |  | (1) |  | 83 |  | 82 |  | 1 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 1.518 | Semi-Annual | 01/20/2029 | 200 |  | 0 |  | (26) |  | (26) |  | 0 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 1.630 | Semi-Annual | 01/26/2029 | 400 |  | (1) |  | (49) |  | (50) |  | 0 |  | (1) |
| Receive | Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 12/10/2029 | 1900 |  | (3) |  | 226 |  | 223 |  | 4 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.500 | Semi-Annual | 12/18/2029 | 1400 |  | 43 |  | 163 |  | 206 |  | 3 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.750 | Semi-Annual | 01/15/2030 | 6300 |  | (75) |  | 908 |  | 833 |  | 13 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 02/12/2030 | 3800 |  | (67) |  | 509 |  | 442 |  | 8 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 03/10/2030 | 1800 |  | (2) |  | 210 |  | 208 |  | 4 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.250 | Semi-Annual | 06/17/2030 | 24580 |  | 926 |  | 3226 |  | 4152 |  | 0 |  | (9) |
| Receive | Receive | 3-Month USD-LIBOR | 1.000 | Semi-Annual | 12/16/2030 | 706 |  | 3 |  | 137 |  | 140 |  | 2 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 0.750 | Semi-Annual | 06/16/2031 | 500 |  | (45) |  | (68) |  | (113) |  | 0 |  | (1) |
| Receive | Receive | 3-Month USD-LIBOR | 1.405 | Semi-Annual | 09/07/2031 | 800 |  | (4) |  | 148 |  | 144 |  | 2 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 1.500 | Semi-Annual | 10/05/2031 | 500 |  | (1) |  | (89) |  | (90) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.535 | Semi-Annual | 10/15/2031 | 500 |  | (1) |  | (88) |  | (89) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.535 | Semi-Annual | 10/22/2031 | 300 |  | (1) |  | (52) |  | (53) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.545 | Semi-Annual | 10/26/2031 | 300 |  | (1) |  | (52) |  | (53) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.735 | Semi-Annual | 01/12/2032 | 300 |  | (1) |  | (47) |  | (48) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.655 | Semi-Annual | 01/24/2032 | 400 |  | (1) |  | (66) |  | (67) |  | 0 |  | (1) |
| Pay | Pay | 3-Month USD-LIBOR | 1.768 | Semi-Annual | 02/02/2032 | 300 |  | (1) |  | (47) |  | (48) |  | 0 |  | (1) |
| Receive | Receive | 3-Month USD-LIBOR | 1.988 | Semi-Annual | 02/09/2032 | 200 |  | 1 |  | 27 |  | 28 |  | 0 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 2.008 | Semi-Annual | 02/09/2032 | 300 |  | 1 |  | 41 |  | 42 |  | 1 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 01/15/2050 | 100 |  | (1) |  | 28 |  | 27 |  | 1 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.625 | Semi-Annual | 01/16/2050 | 300 |  | (1) |  | 103 |  | 102 |  | 1 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.750 | Semi-Annual | 01/22/2050 | 700 |  | (4) |  | 227 |  | 223 |  | 3 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.625 | Semi-Annual | 02/03/2050 | 300 |  | (1) |  | 103 |  | 102 |  | 2 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 2.000 | Semi-Annual | 03/20/2050 | 7500 |  | (32) |  | 2014 |  | 1982 |  | 0 |  | (9) |
| Pay | Pay | 3-Month USD-LIBOR | 1.524 | Semi-Annual | 01/19/2051 | 3100 |  | (25) |  | (1099) |  | (1124) |  | 0 |  | (14) |
| Receive | Receive | 3-Month USD-LIBOR | 1.967 | Semi-Annual | 06/23/2051 | 2000 |  | (15) |  | 582 |  | 567 |  | 10 |  | 0 |
| Receive | Receive | 3-Month USD-LIBOR | 1.968 | Semi-Annual | 06/23/2051 | 6000 |  | (45) |  | 1746 |  | 1701 |  | 30 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 1.815 | Semi-Annual | 01/24/2052 | 100 |  | (1) |  | (30) |  | (31) |  | 0 |  | 0 |
| Pay | Pay | 3-Month USD-LIBOR | 1.867 | Semi-Annual | 01/26/2052 | 100 |  | (1) |  | (29) |  | (30) |  | 0 |  | (1) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**4096** | **4096** | $**15534** | **15534** | $**19630** | **19630** | $**270** | **270** | $**(154)** | **(154)** |
| **(g)** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $2,187 and cash of $3,708 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.150% | 12/01/2023 | 500 | $(2) | $0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.650 | 12/01/2023 | 500 | (2) | (4) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.000 | 01/19/2023 | 100 | (1) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.500 | 01/19/2023 | 100 | (1) | (1) |
| BPS | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.150 | 01/09/2023 | 300 | (1) | 0 |
|  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.650 | 01/09/2023 | 300 | (1) | (2) |
|  | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.270 | 01/23/2023 | 100 | 0 | 0 |
|  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.770 | 01/23/2023 | 100 | 0 | (1) |
| BRC | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.200 | 01/12/2023 | 300 | (1) | 0 |
|  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.800 | 01/12/2023 | 300 | (1) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.000 | 01/19/2023 | 100 | (1) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.500 | 01/19/2023 | 100 | (1) | (1) |
| CBK | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.690 | 04/02/2024 | 200 | (2) | (1) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.690 | 04/02/2024 | 200 | (2) | (3) |
|  | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.150 | 01/09/2023 | 300 | (1) | 0 |
|  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.650 | 01/09/2023 | 300 | (1) | (2) |
| DUB | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.920 | 10/13/2023 | 300 | (2) | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.920 | 10/13/2023 | 300 | (2) | (4) |
| FAR | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.688 | 04/02/2024 | 300 | (2) | (1) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.688 | 04/02/2024 | 300 | (2) | (4) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.781 | 04/05/2024 | 300 | (2) | (1) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.781 | 04/05/2024 | 300 | (2) | (4) |
| GLM | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.920 | 10/13/2023 | 300 | (2) | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.920 | 10/13/2023 | 300 | (2) | (4) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.018 | 10/20/2023 | 300 | (2) | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.018 | 10/20/2023 | 300 | (2) | (4) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.140 | 10/23/2023 | 200 | (1) | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.140 | 10/23/2023 | 200 | (1) | (2) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.190 | 10/23/2023 | 200 | (1) | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.190 | 10/23/2023 | 200 | (1) | (2) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.225 | 10/23/2023 | 200 | (1) | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.225 | 10/23/2023 | 200 | (1) | (2) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.973 | 10/25/2023 | 300 | (2) | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.973 | 10/25/2023 | 300 | (2) | (4) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 2.841 | 10/27/2023 | 300 | (2) | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 2.841 | 10/27/2023 | 300 | (2) | (4) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Receive | 3.088 | 11/03/2023 | 300 | (2) | (1) |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | Pay | 3.088 | 11/03/2023 | 300 | (2) | (4) |

---

------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.910 | 2.910 | 11/10/2023 | 11/10/2023 | 200 |  | (1) | (1) | 0 | 0 |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 2.910 | 2.910 | 11/10/2023 | 11/10/2023 | 200 |  | (1) | (1) | (3) | (3) |
|  |  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.250 | 2.250 | 11/17/2023 | 11/17/2023 | 300 |  | (1) | (1) | 0 | 0 |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 3.750 | 3.750 | 11/17/2023 | 11/17/2023 | 300 |  | (1) | (1) | (2) | (2) |
|  |  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.150 | 2.150 | 11/20/2023 | 11/20/2023 | 300 |  | (1) | (1) | 0 | 0 |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 3.650 | 3.650 | 11/20/2023 | 11/20/2023 | 300 |  | (1) | (1) | (2) | (2) |
|  |  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.250 | 2.250 | 12/07/2023 | 12/07/2023 | 500 |  | (2) | (2) | 0 | 0 |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 3.750 | 3.750 | 12/07/2023 | 12/07/2023 | 500 |  | (2) | (2) | (4) | (4) |
|  |  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.697 | 2.697 | 04/02/2024 | 04/02/2024 | 600 |  | (5) | (5) | (2) | (2) |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 2.697 | 2.697 | 04/02/2024 | 04/02/2024 | 600 |  | (5) | (5) | (8) | (8) |
|  |  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.721 | 2.721 | 04/08/2024 | 04/08/2024 | 300 |  | (2) | (2) | (1) | (1) |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 2.721 | 2.721 | 04/08/2024 | 04/08/2024 | 300 |  | (2) | (2) | (4) | (4) |
| JPM | JPM | Call - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 3.200 | 3.200 | 01/12/2023 | 01/12/2023 | 200 |  | (1) | (1) | 0 | 0 |
|  |  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 3.800 | 3.800 | 01/12/2023 | 01/12/2023 | 200 |  | (1) | (1) | (1) | (1) |
| MYC | MYC | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.993 | 2.993 | 10/11/2023 | 10/11/2023 | 300 |  | (2) | (2) | 0 | 0 |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 2.993 | 2.993 | 10/11/2023 | 10/11/2023 | 300 |  | (2) | (2) | (4) | (4) |
| NGF | NGF | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 3.020 | 3.020 | 11/06/2023 | 11/06/2023 | 200 |  | (1) | (1) | 0 | 0 |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 3.020 | 3.020 | 11/06/2023 | 11/06/2023 | 200 |  | (1) | (1) | (3) | (3) |
|  |  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Receive | Receive | 2.845 | 2.845 | 11/13/2023 | 11/13/2023 | 200 |  | (1) | (1) | 0 | 0 |
|  |  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-LIBOR | 3-Month USD-LIBOR | Pay | Pay | 2.845 | 2.845 | 11/13/2023 | 11/13/2023 | 200 |  | (1) | (1) | (3) | (3) |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | (90) | (90) | $(94) | (94) |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Counterparty | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date |  | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| BOA | BOA | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | $ | $99.813 | 99.813 | 02/06/2023 | 02/06/2023 |  | 100 | $ | (1) | (1) | $(1) | (1) |
|  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  | 100.000 | 100.000 | 02/06/2023 | 02/06/2023 |  | 100 |  | (1) | (1) | (1) | (1) |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  | 101.813 | 101.813 | 02/06/2023 | 02/06/2023 |  | 100 |  | (1) | (1) | 0 | 0 |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  | 102.000 | 102.000 | 02/06/2023 | 02/06/2023 |  | 100 |  | (1) | (1) | 0 | 0 |
| JPM | JPM | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  |  | 97.000 | 97.000 | 03/06/2023 | 03/06/2023 |  | 200 |  | (2) | (2) | (3) | (3) |
|  |  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  | Put - OTC Fannie Mae 4.500% due 03/01/2053  |  | 97.156 | 97.156 | 03/06/2023 | 03/06/2023 |  | 200 |  | (2) | (2) | (3) | (3) |
|  |  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  |  | 99.000 | 99.000 | 03/06/2023 | 03/06/2023 |  | 200 |  | (1) | (1) | (1) | (1) |
|  |  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  | Call - OTC Fannie Mae 4.500% due 03/01/2053  |  | 99.156 | 99.156 | 03/06/2023 | 03/06/2023 |  | 200 |  | (1) | (1) | 0 | 0 |
|  |  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  |  | 98.766 | 98.766 | 03/06/2023 | 03/06/2023 |  | 200 |  | (2) | (2) | (3) | (3) |
|  |  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  |  | 100.766 | 100.766 | 03/06/2023 | 03/06/2023 |  | 200 |  | (1) | (1) | (1) | (1) |
| SAL | SAL | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  | Put - OTC Fannie Mae 5.000% due 03/01/2053  |  | 97.578 | 97.578 | 03/06/2023 | 03/06/2023 |  | 100 |  | (1) | (1) | (1) | (1) |
|  |  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  | Call - OTC Fannie Mae 5.000% due 03/01/2053  |  | 99.578 | 99.578 | 03/06/2023 | 03/06/2023 |  | 100 |  | (1) | (1) | (1) | (1) |
|  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  | 99.750 | 99.750 | 02/06/2023 | 02/06/2023 |  | 500 |  | (3) | (3) | (3) | (3) |
|  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  | 100.000 | 100.000 | 02/06/2023 | 02/06/2023 |  | 200 |  | (1) | (1) | (1) | (1) |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  | 101.750 | 101.750 | 02/06/2023 | 02/06/2023 |  | 500 |  | (3) | (3) | (1) | (1) |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 02/01/2053  |  | 102.000 | 102.000 | 02/06/2023 | 02/06/2023 |  | 200 |  | (1) | (1) | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | (23) | (23) | $(20) | (20) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(113)** | **(113)** | $**(114)** | **(114)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500% | 0.500% | Monthly | 05/11/2063 | 05/11/2063 | 05/11/2063 | $44 | $(1) | (1) | $1 | $0 | 0 | $0 |

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------

<br> Schedule of Investments PIMCO Short-Term Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | CMBX.NA.AAA.7 Index  | 0.500 | Monthly | Monthly | 01/17/2047 |  | 21959 |  | (632) |  | 653 | 653 |  | 21 | 0 |
| FBF | FBF | CMBX.NA.AAA.12 Index  | 0.500 | Monthly | Monthly | 08/17/2061 |  | 200 |  | (1) |  | (1) | (1) |  | 0 | (2) |
|  |  | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 |  | 16 |  | 0 |  | 0 | 0 |  | 0 | 0 |
| GST | GST | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | Monthly | 11/17/2059 |  | 36050 |  | (647) |  | 568 | 568 |  | 0 | (79) |
|  |  | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 |  | 2 |  | 0 |  | 0 | 0 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.8 Index  | 0.500 | Monthly | Monthly | 10/17/2057 |  | 3150 |  | (183) |  | 186 | 186 |  | 3 | 0 |
|  |  | CMBX.NA.AAA.9 Index  | 0.500 | Monthly | Monthly | 09/17/2058 |  | 99 |  | (4) |  | 4 | 4 |  | 0 | 0 |
| MYC | MYC | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 |  | 8 |  | 0 |  | 0 | 0 |  | 0 | 0 |
| SAL | SAL | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | Monthly | 11/17/2059 |  | 3100 |  | (24) |  | 17 | 17 |  | 0 | (7) |
|  |  | CMBX.NA.AAA.11 Index  | 0.500 | Monthly | Monthly | 11/18/2054 |  | 2400 |  | 11 |  | (22) | (22) |  | 0 | (11) |
|  |  | CMBX.NA.AAA.12 Index  | 0.500 | Monthly | Monthly | 08/17/2061 |  | 9000 |  | (19) |  | (53) | (53) |  | 0 | (72) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(1500)** | **$** | $**1353** | **1353** | **$** | $**24** | $**(171)** |
| **(i)** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $517 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Portfolio is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Portfolio could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | $ | $8 | 8 | $0 | 0 | 0 | $ | $8 | 8 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 |  | 209713 | 209713 | 0 | 0 | 0 |  | 209713 | 209713 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 |  | 7105 | 7105 | 0 | 0 | 0 |  | 7105 | 7105 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 |  | 101503 | 101503 | 0 | 0 | 0 |  | 101503 | 101503 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 |  | 95961 | 95961 | 0 | 0 | 0 |  | 95961 | 95961 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 |  | 1458 | 1458 | 0 | 0 | 0 |  | 1458 | 1458 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 |  | 306 | 306 | 0 | 0 | 0 |  | 306 | 306 |  |
|  |  |  |  |  | $0 | 0 | $ | $416054 | 416054 | $0 | 0 | 0 | $ | $416054 | 416054 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $15494 | 15494 | $ | $0 | 0 | $0 | 0 | 0 | $ | $15494 | 15494 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $15494 | 15494 | $ | $416054 | 416054 | $0 | 0 | 0 | $ | $431548 | 431548 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | $ | $(42093) | (42093) | $0 | 0 | 0 | $ | $(42093) | (42093) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 |  | 327 | 327 | 0 | 0 | 0 |  | 327 | 327 |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 |  | 24 | 24 | 0 | 0 | 0 |  | 24 | 24 |  |
|  |  |  |  |  | $0 | 0 | $ | $351 | 351 | $0 | 0 | 0 | $ | $351 | 351 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 |  | (181) | (181) | 0 | 0 | 0 |  | (181) | (181) |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 |  | (285) | (285) | 0 | 0 | 0 |  | (285) | (285) |  |
|  |  |  |  |  | $0 | 0 | $ | $(466) | (466) | $0 | 0 | 0 | $ | $(466) | (466) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | $ | $(115) | (115) | $0 | 0 | 0 | $ | $(115) | (115) |  |
| Totals | Totals | Totals | Totals | Totals | $15494 | 15494 | $ | $373846 | 373846 | $0 | 0 | 0 | $ | $389340 | 389340 |  |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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<br> Schedule of Investments PIMCO U.S. Government and Short-Term Investments Portfolio December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 139.8% ¤** |  |  |
| **U.S. GOVERNMENT AGENCIES 5.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 2.395% due 12/01/2029 •  | $4 | $4 |
| 2.560% due 08/01/2036 •  | 14 | 14 |
| 2.709% due 03/01/2035 •  | 130 | 130 |
| 2.888% due 06/01/2043 •  | 244 | 233 |
| 2.889% due 02/01/2041 - 10/01/2044 •  | 942 | 897 |
| 3.050% due 12/01/2029 •  | 1 | 1 |
| 3.175% due 12/01/2032 •  | 2 | 2 |
| 3.234% due 05/01/2025 •  | 1 | 1 |
| 3.257% due 01/01/2036 •  | 128 | 128 |
| 3.389% due 11/01/2035 •  | 50 | 49 |
| 3.481% due 11/01/2035 •  | 60 | 59 |
| 3.644% due 12/25/2036 ~ | 116 | 114 |
| 3.887% due 03/25/2036 ~ | 51 | 51 |
| 4.065% due 03/25/2032 •  | 180 | 178 |
| 4.247% due 10/01/2032 •  | 3 | 3 |
| 4.270% due 09/01/2028 •  | 3 | 3 |
| 4.509% due 06/25/2033 •  | 76 | 73 |
| 4.509% due 03/25/2034 ~ | 50 | 50 |
| 4.609% due 07/25/2032 ~ | 137 | 135 |
| 4.723% due 10/01/2025 •  | 3 | 3 |
| 4.739% due 05/25/2042 ~ | 90 | 89 |
| 4.848% due 08/01/2028 •  | 5 | 5 |
| 5.289% due 04/25/2032 ~ | 32 | 32 |
| **Freddie Mac**  |  |  |
| 0.000% due 07/15/2030 - 01/15/2032 (a) | 14985 | 10987 |
| 2.051% due 02/01/2035 •  | 139 | 136 |
| 2.350% due 02/01/2032 •  | 1 | 1 |
| 2.889% due 02/25/2045 •  | 236 | 237 |
| 3.157% due 07/01/2029 •  | 3 | 3 |
| 3.248% due 10/25/2044 •  | 745 | 743 |
| 3.333% due 05/01/2032 •  | 4 | 4 |
| 3.431% due 01/01/2032 •  | 3 | 3 |
| 3.448% due 07/25/2044 •  | 445 | 447 |
| 3.508% due 06/01/2035 •  | 512 | 519 |
| 4.136% due 07/25/2031 •  | 286 | 282 |
| 4.500% due 06/15/2035 - 09/15/2035 | 426 | 415 |
| 4.605% due 02/01/2025 •  | 1 | 1 |
| 4.818% due 06/15/2030 - 12/15/2032 •  | 25 | 24 |
| 4.868% due 06/15/2031 ~ | 10 | 10 |
| 5.000% due 01/15/2034 | 1403 | 1397 |
| 5.018% due 02/15/2027 •  | 1 | 1 |
| 5.500% due 11/01/2038 - 10/01/2039 | 46 | 46 |
| 6.500% due 10/25/2043 | 355 | 357 |
| **Ginnie Mae**  |  |  |
| 1.750% (H15T1Y + 1.500%) due 10/20/2023 ~ | 1 | 1 |
| 2.000% (H15T1Y + 1.500%) due 10/20/2024 ~ | 2 | 2 |
| 2.625% (H15T1Y + 1.500%) due 02/20/2024 - 08/20/2026 ~ | 64 | 64 |
| 2.625% due 03/20/2025 - 02/20/2030 •  | 198 | 192 |
| 2.875% (H15T1Y + 1.500%) due 04/20/2023 - 05/20/2024 ~ | 11 | 11 |
| 2.875% due 04/20/2027 - 04/20/2032 •  | 8 | 7 |
| 3.000% due 05/20/2030 •  | 31 | 30 |
| **Israel Government AID Bond**<br>0.000% due 11/01/2024 (c) | 39013 | 35857 |
| **Resolution Funding Corp. STRIPS(c)**<br>0.000% due 01/15/2030 | 18000 | 13154 |
| **Small Business Administration**  |  |  |
| 4.750% (PRIME - 2.250%) due 05/25/2025 ~ | 20 | 20 |
| **U.S. Small Business Administration**  |  |  |
| 4.500% due 03/01/2023 | 4 | 4 |
| 4.760% due 09/01/2025 | 941 | 915 |
| 4.770% due 04/01/2024 | 107 | 105 |
| 4.930% due 01/01/2024 | 58 | 57 |
| 5.240% due 08/01/2023 | 35 | 35 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 4.000% due 05/01/2030 - 12/01/2041 | 908 | 874 |
| 4.500% due 04/01/2028 - 11/01/2029 | 121 | 120 |
| Total U.S. Government Agencies (Cost $69,553) |  | 69315 |
| **U.S. TREASURY OBLIGATIONS 130.4%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.375% due 11/15/2040 | 37030 | 24094 |

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<br> Schedule of Investments PIMCO U.S. Government and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| 1.375% due 08/15/2050 (e) | 354600 | 197170 |
| 1.625% due 11/15/2050 | 214700 | 127826 |
| 1.750% due 08/15/2041 | 12400 | 8492 |
| 1.875% due 02/15/2041 (e) | 110500 | 78162 |
| 2.250% due 02/15/2052 | 600 | 417 |
| 2.375% due 02/15/2042 (e) | 8200 | 6265 |
| 2.750% due 11/15/2042 (e) | 110900 | 88997 |
| 2.875% due 05/15/2043 (e) | 140960 | 115185 |
| 3.000% due 05/15/2042 (e) | 191000 | 160772 |
| 3.000% due 11/15/2044 | 237300 | 196069 |
| 3.125% due 02/15/2043 | 41250 | 35230 |
| 3.125% due 08/15/2044 | 45000 | 38067 |
| 3.250% due 05/15/2042 (e) | 12100 | 10614 |
| 3.625% due 08/15/2043 (e) | 53000 | 48772 |
| 3.625% due 02/15/2044 (e) | 55000 | 50499 |
| 3.750% due 11/15/2043 | 36220 | 33982 |
| 4.375% due 02/15/2038 | 78530 | 82285 |
| 4.500% due 05/15/2038 | 31463 | 33444 |
| **U.S. Treasury Notes**  |  |  |
| 0.250% due 07/31/2025 | 77900 | 70308 |
| 1.875% due 08/31/2024 | 8680 | 8304 |
| 2.125% due 03/31/2024 (g) | 4700 | 4554 |
| 2.125% due 07/31/2024 (g) | 21600 | 20781 |
| 2.125% due 09/30/2024 | 27200 | 26107 |
| 2.125% due 11/30/2024 (g) | 4000 | 3830 |
| 2.250% due 03/31/2024 | 69500 | 67442 |
| 2.250% due 10/31/2024 | 49610 | 47657 |
| 2.250% due 11/15/2024 | 38950 | 37418 |
| 2.250% due 11/15/2025 | 47400 | 44875 |
| 2.375% due 02/29/2024 (g) | 4870 | 4744 |
| 2.375% due 08/15/2024 (g) | 4300 | 4150 |
| 2.500% due 01/31/2024 | 12050 | 11770 |
| 2.875% due 11/30/2023 (g) | 5010 | 4928 |
| 2.875% due 05/15/2028 | 9680 | 9136 |
| Total U.S. Treasury Obligations (Cost $2,285,168) |  | 1702346 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 3.5%**  |  |  |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 2.875% due 04/25/2033 ~  | 1 | 1 |
| 3.239% due 04/25/2033 ~  | 14 | 14 |
| 3.250% due 02/25/2033 ~  | 4 | 4 |
| 3.818% due 04/25/2033 ~  | 11 | 11 |
| 4.010% due 01/25/2034 ~  | 92 | 89 |
| 4.191% due 11/25/2034 ~  | 241 | 216 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 3.586% due 11/25/2036 ^~  | 12286 | 6580 |
| 3.602% due 11/25/2036 ~  | 5766 | 3286 |
| 4.709% due 02/25/2034 •  | 697 | 617 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.639% due 08/25/2035 ~ | 125 | 112 |
| **Citigroup Mortgage Loan Trust** <br>3.950% due 05/25/2035 •  | 80 | 75 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 3.048% due 02/25/2036 •  | 156 | 139 |
| 4.533% due 02/20/2047 ^•  | 2609 | 1979 |
| 4.709% due 02/25/2047 •  | 240 | 204 |
| 4.749% due 05/25/2047 ~  | 1482 | 1248 |
| 4.773% due 03/20/2046 •  | 1922 | 1500 |
| 4.789% due 05/25/2036 ~  | 31 | 26 |
| 4.809% due 05/25/2035 •  | 328 | 293 |
| 4.949% due 12/25/2035 ~  | 159 | 139 |
| 5.500% due 03/25/2036 ^  | 849 | 377 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 2.980% due 04/25/2035 ~  | 203 | 157 |
| 3.501% due 09/20/2036 ^~  | 2003 | 1735 |
| 4.849% due 05/25/2035 ~  | 535 | 432 |
| 4.969% due 04/25/2035 •  | 49 | 45 |
| 5.049% due 02/25/2035 ~  | 333 | 296 |
| 5.069% due 02/25/2035 ~  | 182 | 152 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>0.098% due 06/25/2032 ~ | 1 | 1 |
| **Downey Savings & Loan Association Mortgage Loan Trust** <br>4.859% due 08/19/2045 •  | 183 | 153 |
| **GreenPoint Mortgage Funding Trust** <br>4.829% due 06/25/2045 ~ | 239 | 218 |
| **GSR Mortgage Loan Trust** <br>3.161% due 04/25/2036 ~ | 1808 | 1255 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.599% due 03/19/2037 •  | 695 | 614 |
| 4.779% due 05/19/2035 ~  | 580 | 517 |
| **Impac CMB Trust** <br>5.389% due 07/25/2033 ~ | 8 | 8 |

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<br> Schedule of Investments PIMCO U.S. Government and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **IndyMac** **INDX Mortgage Loan Trust** <br>5.029% due 02/25/2035 ~ | 808 | 695 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.346% due 07/25/2035 ~  | 201 | 186 |
| 3.381% due 02/25/2036 ^~  | 338 | 265 |
| **MASTR Adjustable Rate Mortgages Trust** <br>3.180% due 05/25/2034 ~ | 74 | 69 |
| **Merrill Lynch Mortgage Investors Trust** <br>6.709% due 12/25/2032 ~ | 25 | 22 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 3.408% due 09/25/2045 •  | 194 | 170 |
| 4.689% due 08/25/2035 •  | 464 | 350 |
| **Residential Asset Mortgage Products Trust** <br>8.500% due 10/25/2031 | 189 | 189 |
| **Residential Funding Mortgage Securities, Inc. Trust** <br>6.500% due 03/25/2032 | 12 | 12 |
| **Sequoia Mortgage Trust**  |  |  |
| 5.039% due 10/19/2026 ~  | 112 | 107 |
| 5.053% due 07/20/2033 ~  | 316 | 288 |
| 5.058% due 07/20/2033 ~  | 224 | 197 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>3.448% due 01/25/2035 ^•  | 194 | 161 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.829% due 05/25/2036 •  | 7479 | 5723 |
| 4.919% due 07/19/2034 ~  | 45 | 41 |
| 5.039% due 03/19/2034 •  | 94 | 87 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.499% due 12/25/2046 ~  | 806 | 705 |
| 2.585% due 03/25/2034 ~  | 33 | 32 |
| 2.737% due 05/25/2046 ~  | 269 | 223 |
| 2.778% due 01/25/2047 •  | 370 | 336 |
| 3.028% due 06/25/2046 •  | 1085 | 1002 |
| 3.030% due 12/25/2046 •  | 535 | 499 |
| 3.048% due 02/25/2046 ~  | 838 | 738 |
| 3.096% due 07/25/2046 •  | 2975 | 2421 |
| 3.096% due 08/25/2046 •  | 7490 | 5718 |
| 3.248% due 11/25/2042 ~  | 138 | 125 |
| 3.548% due 09/25/2046 •  | 1047 | 960 |
| 3.548% due 10/25/2046 ~  | 384 | 340 |
| 4.909% due 11/25/2045 ~  | 542 | 486 |
| 4.929% due 12/25/2045 •  | 212 | 197 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.269% due 05/25/2033 ~  | 33 | 31 |
| Total Non-Agency Mortgage-Backed Securities (Cost $61,447) |  | 44868 |
| **ASSET-BACKED SECURITIES 0.3%**  |  |  |
| **Asset-Backed Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.469% due 05/25/2037 ~  | 19 | 13 |
| 4.838% due 06/15/2031 ~  | 268 | 251 |
| **Citigroup Global Markets Mortgage Securities, Inc.** <br>5.739% due 01/25/2032 •  | 56 | 57 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>4.598% due 01/25/2032 •  | 28 | 27 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>2.909% due 01/25/2037 ^•  | 874 | 281 |
| **GE-WMC Mortgage Securities Trust** <br>4.469% due 08/25/2036 •  | 41 | 18 |
| **GSAMP Trust**  |  |  |
| 4.459% due 12/25/2036 ~  | 410 | 205 |
| 4.569% due 11/25/2035 •  | 135 | 15 |
| **Home Equity Asset Trust** <br>5.309% due 02/25/2033 ~ | 1 | 1 |
| **HSI Asset Securitization Corp. Trust** <br>4.489% due 10/25/2036 •  | 94 | 38 |
| **JP Morgan Mortgage Acquisition Trust** <br>4.549% due 08/25/2036 •  | 27 | 12 |
| **Lehman ABS Mortgage Loan Trust** <br>4.479% due 06/25/2037 •  | 368 | 261 |
| **Long Beach Mortgage Loan Trust** <br>4.949% due 10/25/2034 •  | 1548 | 1418 |
| **MASTR Asset-Backed Securities Trust** <br>4.489% due 11/25/2036 •  | 77 | 25 |
| **Merrill Lynch Mortgage Investors Trust** <br>4.629% due 02/25/2037 •  | 269 | 82 |
| **Morgan Stanley ABS Capital, Inc. Trust** <br>4.449% due 05/25/2037 ~ | 150 | 131 |
| **Morgan Stanley IXIS Real Estate Capital Trust** <br>4.439% due 11/25/2036 •  | 31 | 11 |
| **New Century Home Equity Loan Trust** <br>4.749% due 05/25/2036 •  | 217 | 211 |
| **Renaissance Home Equity Loan Trust** <br>5.089% due 08/25/2032 ~ | 2 | 2 |

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<br> Schedule of Investments PIMCO U.S. Government and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | |
|:---|:---|:---|
| **Securitized** **Asset-Backed Receivables LLC Trust**  |  |  |
| 4.509% due 12/25/2036 ^•  | 1479 | 339 |
| 4.549% due 11/25/2036 ^•  | 465 | 140 |
| **Soundview Home Loan Trust**  |  |  |
| 4.469% due 06/25/2037 ~  | 204 | 146 |
| 4.509% due 11/25/2036 •  | 461 | 133 |
| Total Asset-Backed Securities (Cost $7,225) |  | 3817 |
| **SHORT-TERM INSTRUMENTS 0.3%**  |  |  |
| **REPURCHASE AGREEMENTS (d) 0.3%** |  | 4528 |
| **U.S. TREASURY BILLS 0.0%**  |  |  |
| 4.095% due 02/02/2023 (b)(c) | 277 | 276 |
| Total Short-Term Instruments (Cost $4,804) |  | 4804 |
| Total Investments in Securities (Cost $2,428,197) |  | 1825150 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 0.5%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.5%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.5%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 674628 | 6555 |
| Total Short-Term Instruments (Cost $6,554) |  | 6555 |
| Total Investments in Affiliates (Cost $6,554) |  | 6555 |
| Total Investments 140.3% (Cost $2,434,751) |  | $1831705 |
| **Financial Derivative Instruments (f)(i) (0.0)**%(Cost or Premiums, net $32,589) |  | (100) |
| Other Assets and Liabilities, net (40.3)% |  | (525714) |
| Net Assets 100.0% |  | $1305891 |

---

------

<br> Schedule of Investments PIMCO U.S. Government and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(d)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| FICC | 01/03/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | &nbsp;&nbsp; U.S. Treasury Notes 0.125% due 05/15/2023 | (4619) | (4619) | 4528 | 4528 | $4528 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  | **(4619)** | **(4619)** | **4528** | **4528** | $**4528** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Settlement Date | Maturity Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOS | BOS | 4.430%  | 12/27/2022 | 01/03/2023 | 01/03/2023 | 01/03/2023 | (9108) | (9108) | (9108) | (9116) | (9116) |
| BSN | BSN | 4.150  | 11/03/2022 | 01/04/2023 | 01/04/2023 | 01/04/2023 | (95821) | (95821) | (95821) | (96494) | (96494) |
| STR | STR | 4.330  | 01/03/2023 | 01/04/2023 | 01/04/2023 | 01/04/2023 | (437080) | (437080) | (437080) | (437080) | (437080) |
|  |  | 4.370  | 12/30/2022 | 01/03/2023 | 01/03/2023 | 01/03/2023 | (410681) | (410681) | (410681) | (410881) | (410881) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  | **(953571)** | **(953571)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Date | Maturity Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(3)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(3)</sup> |
| UBS | UBS | 4.120%  | 11/15/2022 | 01/12/2023 | 01/12/2023 | 01/12/2023 | (33415) | (33415) | (33415) | (33603) | (33603) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  |  |  |  | **(33603)** | **(33603)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Coupon | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% | U.S. Government Agencies (1.4)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.000% | 02/01/2053 | $ | 17000 | $ | (16155) | (16155) | $(15950) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.500 | 02/01/2053 |  | 3000 |  | (2906) | (2906) | (2888) |
| **Total Short Sales (1.4)%** | **Total Short Sales (1.4)%** | **Total Short Sales (1.4)%** | **Total Short Sales (1.4)%** |  |  |  |  | **$** | **(19061)** | **(19061)** | $**(18838)** |
| **(e)** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** | **Securities with an aggregate market value of $555,414 have been pledged as collateral under the terms of master agreements as of December 31, 2022.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended December 31, 2022 was $(375668) at a weighted average interest rate of 2.470%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(3)</sup> | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. | Payable for sale-buyback transactions includes $(34) of deferred price drop. |
| **(f)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

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<br> Schedule of Investments PIMCO U.S. Government and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | U.S. Treasury 10-Year Note March Futures  | 03/2023 | 14354 | 14354 | $ | 1611909 | 1611909 | 1611909 | $(10402) | (10402) | (10402) | (10402) | $0 | 0 | 0 | 0 | (2019) |
| U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | U.S. Ultra Treasury Note March Futures  | 03/2023 | 2615 | 2615 |  | 309305 | 309305 | 309305 | (2770) | (2770) | (2770) | (2770) | 0 | 0 | 0 | 0 | (163) |
|  |  |  |  |  |  |  |  |  |  |  | (13172) | (13172) | (13172) | $ | 0 | 0 | 0 | $ | (2182) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Asset | Liability |
| U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | U.S. Treasury 5-Year Note March Futures  | 03/2023 | 2406 | 2406 | $ | (259679) | (259679) | (259679) | $667 | 667 | 667 | 667 | $207 | 207 | 207 | 207 | 0 |
| U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | U.S. Treasury Long-Term Bond March Futures  | 03/2023 | 2354 | 2354 |  | (295059) | (295059) | (295059) | 1686 | 1686 | 1686 | 1686 | 368 | 368 | 368 | 368 | 0 |
| U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | U.S. Treasury Ultra Long-Term Bond March Futures  | 03/2023 | 1367 | 1367 |  | (183605) | (183605) | (183605) | 964 | 964 | 964 | 964 | 683 | 683 | 683 | 683 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 3317 | 3317 | 3317 | $ | 1258 | 1258 | 1258 | $ | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(9855)** | **(9855)** | **(9855)** | **$** | **1258** | **1258** | **1258** | **$** | **(2182)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay<sup>(1)</sup> | 3.530% | Annual | 06/21/2024 | 06/21/2024 | $474100 | 474100 | 474100 | $1162 | 1162 | $ | (6366) | (6366) | $(5204) | (5204) | (5204) | (5204) | 0 | 0 | $(221) |
| Pay<sup>(1)</sup> | 3.130 | Annual | 06/21/2025 | 06/21/2025 | 1159500 | 1159500 | 1159500 | 1336 | 1336 |  | (5278) | (5278) | (3942) | (3942) | (3942) | (3942) | 0 | 0 | (130) |
| Receive | 1.750 | Annual | 12/21/2052 | 12/21/2052 | 53000 | 53000 | 53000 | 10095 | 10095 |  | 4513 | 4513 | 14608 | 14608 | 14608 | 14608 | 261 | 261 | 0 |
| Receive | 2.250 | Semi-Annual | 06/20/2028 | 06/20/2028 | 349800 | 349800 | 349800 | 19858 | 19858 |  | 10164 | 10164 | 30022 | 30022 | 30022 | 30022 | 651 | 651 | 0 |
| Receive | 0.750 | Semi-Annual | 03/30/2031 | 03/30/2031 | 13500 | 13500 | 13500 | 138 | 138 |  | 2796 | 2796 | 2934 | 2934 | 2934 | 2934 | 25 | 25 | 0 |
| Receive | 2.606 | Semi-Annual | 12/21/2047 | 12/21/2047 | 40000 | 40000 | 40000 | 0 | 0 |  | 6743 | 6743 | 6743 | 6743 | 6743 | 6743 | 238 | 238 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **32589** | **$** | **$** | **12572** | **$** | **45161** | **45161** | **45161** | **$** | **1175** | **1175** | **(351)** |
| **(g)** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** | **Securities with an aggregate market value of $38,753 and cash of $15,034 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of December 31, 2022.** |
| <sup>(1)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Portfolio's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 | Fair Value<br>at 12/31/2022 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $ | $69315 | 69315 | $ | 0 | 0 | 0 | $ | $69315 | 69315 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 |  | 1702346 | 1702346 |  | 0 | 0 | 0 |  | 1702346 | 1702346 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 |  | 44868 | 44868 |  | 0 | 0 | 0 |  | 44868 | 44868 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 0 |  | 3817 | 3817 |  | 0 | 0 | 0 |  | 3817 | 3817 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
|  | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 0 |  | 4528 | 4528 |  | 0 | 0 | 0 |  | 4528 | 4528 |  |
|  | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 |  | 276 | 276 |  | 0 | 0 | 0 |  | 276 | 276 |  |
|  |  |  |  |  |  | $0 | 0 | 0 | $ | $1825150 | 1825150 | $ | 0 | 0 | 0 | $ | $1825150 | 1825150 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
|  | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $6555 | 6555 | 6555 | $ | $0 | 0 | $ | 0 | 0 | 0 | $ | $6555 | 6555 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $6555 | 6555 | 6555 | $ | $1825150 | 1825150 | $ | 0 | 0 | 0 | $ | $1831705 | 1831705 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $ | $(18838) | (18838) | $ | 0 | 0 | 0 | $ | $(18838) | (18838) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $0 | 0 | 0 | $ | $2433 | 2433 | $ | 0 | 0 | 0 | $ | $2433 | 2433 |  |

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<br> Schedule of Investments PIMCO U.S. Government and Short-Term Investments Portfolio (Cont.) December 31, 2022 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | $0 | $(2533) | $0 | $(2533) |
| Total Financial Derivative Instruments | $0 | $(100) | $0 | $(100) |
| Totals | $6555 | $1806212 | $0 | $1812767 |
| **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** | **There were no significant transfers into or out of Level 3 during the period ended December 31, 2022.** |

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Notes to Financial Statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

 **1. BASIS FOR CONSOLIDATION** 

PIMCO All Asset: Multi-Real Fund (Cayman) Ltd (Cayman Islands exempted company), PIMCO International Portfolio Subsidiary, LLC (Delaware limited liability company), PIMCO Short Asset Portfolio Subsidiary, LLC (Delaware limited liability company) and PIMCO Short-Term Floating NAV III Subsidiary, LLC (Delaware limited liability company), (each a "Subsidiary") were incorporated as wholly owned subsidiaries acting as investment vehicles for the PIMCO All Asset: Multi-Real Fund, PIMCO International Portfolio, PIMCO Short Asset Portfolio and PIMCO Short-Term Floating NAV Portfolio III respectively, ("Consolidated Fund") in order to effect certain investments for the Consolidated Fund consistent with each Consolidated Fund's investment objectives and policies as specified in their respective offering memorandum and offering memorandum supplement. Each Consolidated Fund's investment portfolio has been consolidated and includes the portfolio holdings of the Consolidated Fund and its respective Subsidiary. The consolidated financial statements include the accounts of each Consolidated Fund and its respective Subsidiary, if any. All inter-company transactions and balances have been eliminated. A subscription agreement was entered into between the PIMCO All Asset: Multi-Real Fund, PIMCO International Portfolio, PIMCO Short Asset Portfolio and PIMCO Short-Term Floating NAV Portfolio III and their Subsidiaries comprising the entire issued share capital of the Subsidiary, with the intent that each Consolidated Fund will remain the sole shareholder and retain all rights. Under the Memorandum and Articles of Association of each Subsidiary, shares issued by each Subsidiary confer upon a shareholder the right to receive notice of, to attend and to vote at general meetings of the respective Subsidiary and shall confer upon the shareholder rights in a winding-up or repayment of capital and the right to participate in the profits or assets of the respective Subsidiaries. See the table below for details regarding the structure, incorporation and relationship as of period end of each Subsidiary to its respective Consolidated Fund.

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| | | | |
|:---|:---|:---|:---|
|  |  | **Date of** | **Subsidiary % of**<br> **Consolidated Fund** |
| **Fund Name** | **Subsidiary** | **Incorporation** | **Net Assets** |
| PIMCO All Asset: Multi-Real Fund | PIMCO All Asset: Multi-Real Fund (Cayman) Ltd | 06/17/2020 | 10.0% |
| PIMCO International Portfolio | PIMCO International Portfolio Subsidiary, LLC | 03/20/2014 | 21.8% |
| PIMCO Short Asset Portfolio | PIMCO Short Asset Portfolio Subsidiary, LLC | 03/01/2017 | 5.7% |
| PIMCO Short-Term Floating NAV Portfolio III | PIMCO Short-Term Floating NAV Portfolio III Subsidiary, LLC | 03/20/2014 | 12.3% |

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<sup>†</sup> A zero balance may reflect actual amounts rounding to less than 0.01%.

**2. INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS** 

**(a) Investment Valuation Policies** The net asset value ("NAV") of a Portfolio, or each of its share classes, as applicable, is determined by dividing the total value of portfolio investments and other assets attributable to the Portfolio or class, less any liabilities, as applicable, by the total number of shares outstanding.

On each day that the New York Stock Exchange ("NYSE") is open, with respect to each Portfolio other than the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, portfolio shares are ordinarily valued as of the close of regular trading (normally 4:00 p.m., Eastern time) ("NYSE Close"). With respect to the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III portfolio shares are ordinarily valued as of 3:00 p.m. Eastern time, on each day that the NYSE is open. Information that becomes known to the Portfolios or their agents after the time as of which NAV has been calculated on a particular day will not generally be used to retroactively adjust the price of a security or the NAV determined earlier that day. If regular trading on the NYSE closes earlier than scheduled, each Portfolio may its NAV as of the earlier closing time or (ii) calculate its NAV as of the NYSE for that day. Each Portfolio generally does not calculate its NAV on days on which the NYSE is not open for business. If the NYSE is closed on a day it would normally be open for business, each Portfolio may calculate its NAV as of the NYSE Close for such day or such other time that the Portfolio may determine.

For purposes of calculating NAV, portfolio securities and other assets for which market quotations are readily available are valued at market value. A market quotation is readily available only when that quotation is a quoted price (unadjusted) in active markets for identical investments that the Fund can access at the measurement date, provided that a quotation will not be readily available if it is not reliable. Market value is generally determined on the basis of official closing prices or the last reported sales prices. The Portfolios will normally use pricing data for domestic equity securities received shortly after the NYSE Close (or, in the case of the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, the earlier of 3:00 p.m. Eastern time and the NYSE Close) and do not normally take into account trading, clearances or settlements that take place after the NYSE Close (or, in the case of the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, the earlier of 3:00 p.m. Eastern time and the NYSE Close). A foreign (non-U.S.) equity security traded on a foreign exchange or on more than one exchange is typically valued using pricing information from the exchange considered by PIMCO to be the primary exchange. If market value pricing is used, a foreign (non-U.S.) equity security will be valued as of the close of trading on the foreign exchange, or the NYSE Close (or, in the case of the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, the earlier of 3:00 p.m. Eastern time and the NYSE Close), if the NYSE Close (or, in the case of the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, the earlier of 3:00 p.m. Eastern time and the NYSE Close) occurs before the end of trading on the foreign exchange.

Investments for which market quotations are not readily available are valued at fair value as determined in good faith pursuant to Rule 2a-5 under the Act. As a general principle, the fair value of a security or other asset is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Pursuant to Rule 2a-5, the Board has designated PIMCO as the valuation designee ("Valuation Designee") for each Fund to perform the fair value determination relating to all Fund investments. PIMCO may carry out its designated responsibilities as Valuation Designee through various teams and committees. The Valuation Designee's policies and procedures govern the Valuation Designee's selection and application of methodologies for determining and calculating the fair value of Fund investments. The Valuation Designee may value Fund portfolio securities for which market quotations are not readily available and other Fund assets utilizing inputs from pricing services, quotation reporting systems, valuation agents and other third-party sources (together, "Pricing Sources").

Domestic and foreign (non-U.S.) fixed income securities, non-exchange traded derivatives, and equity options are normally valued on the basis of quotes obtained from brokers and dealers or Pricing Sources using data reflecting the earlier closing of the principal markets for those securities. Prices obtained from Pricing Sources may be based on, among other things, information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Certain fixed income securities purchased on a delayed-delivery basis are marked to market daily until settlement at the forward settlement date. Exchange-traded options, except equity options, futures and options on futures are valued at the settlement price determined by the relevant exchange. Swap agreements are valued on the basis of bid quotes obtained from brokers and dealers or market-based prices supplied by Pricing Sources. With respect to any portion of a Portfolio's assets that are invested in one or more open-end management

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Notes to Financial Statements (Cont.)

investment companies (other than ETFs), a Portfolio's NAV will be calculated based on the NAVs of such investments. Open-end management investment companies may include affiliated funds.

If a foreign (non-U.S.) equity security's value has materially changed after the close of the security's primary exchange or principal market but before the NYSE Close (or, in the case of the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, the earlier of 3:00 p.m. Eastern time and the NYSE Close), the security may be valued at fair value. Foreign (non-U.S.) equity securities that do not trade when the NYSE is open are also valued at fair value. With respect to foreign (non-U.S.) equity securities, a Portfolio may determine the fair value of investments based on information provided by Pricing Sources, which may recommend fair value or adjustments with reference to other securities, indexes or assets. In considering whether fair valuation is required and in determining fair values, the Valuation Designee may, among other things, consider significant events (which may be considered to include changes in the value of U.S. securities or securities indexes) that occur after the close of the relevant market and before the NYSE Close (or, in the case of the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, the earlier of 3:00 p.m. Eastern time and the NYSE Close). A Portfolio may utilize modeling tools provided by third-party vendors to determine fair values of foreign (non-U.S.) securities. For these purposes, unless otherwise determined by the Valuation Designee, any movement in the applicable reference index or instrument ("zero trigger") between the earlier close of the applicable foreign market and the NYSE Close may be deemed to be a significant event, prompting the application of the pricing model (effectively resulting in daily fair valuations). Foreign exchanges may permit trading in foreign (non-U.S.) equity securities on days when the Trust is not open for business, which may result in a Portfolio's portfolio investments being affected when shareholders are unable to buy or sell shares.

Whole loans may be fair valued using inputs that take into account borrower-or loan-level (e.g., credit risk of the borrower) that is updated periodically throughout the life of each individual loan; any new borrower- or loan-level data received in written reports periodically by the Portfolio normally will be taken into account in calculating the NAV. The Portfolio's whole loan investments, including those originated by the Portfolio, generally are fair valued in accordance with procedures approved by the Board.

Investments valued in currencies other than the U.S. dollar are converted to the U.S. dollar using exchange rates obtained from Pricing Sources. As a result, the value of such investments and, in turn, the NAV of a Portfolio's shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the Trust is not open for business. As a result, to the extent that a Portfolio holds foreign (non-U.S.) investments, the value of those investments may change at times when shareholders are unable to buy or sell shares and the value of such investments will be reflected in the Portfolio's next calculated NAV.

Fair valuation may require subjective determinations about the value of a security. While the Trust's and Valuation Designee's policies and procedures are intended to result in a calculation of a Portfolio's NAV that fairly reflects security values as of the time of pricing, the Trust cannot ensure that fair values accurately reflect the price that a Portfolio could obtain for a security if it were to dispose of that security as of the time of pricing (for instance, in a forced or distressed sale). The prices used by a Portfolio may differ from the value that would be realized if the securities were sold. The Portfolios' use of fair valuation may also help to deter "stale price arbitrage" as discussed under the "Abusive Trading Practices" section in each Portfolio's Offering Memorandum.

**(b) Fair Value Hierarchy** U.S. GAAP describes fair value as the price that a Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into levels (Level 1, 2, or 3). The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Levels 1, 2, and 3 of the fair value hierarchy are defined as follows:

• Level 1 — Quoted prices (unadjusted) in active markets or exchanges for identical assets and liabilities.

• Level 2 — Significant other observable inputs, which may include, but are not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market corroborated inputs.

• Level 3 — Significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include assumptions made by the Valuation Designee that are used in determining the fair value of investments.

Assets or liabilities categorized as Level 2 or 3 as of period end have been transferred between Levels 2 and 3 since the prior period due to changes in the method utilized in valuing the investments. Transfers from Level 3 to Level 2 are a result of the availability of current and reliable market-based data provided by Pricing Sources or other valuation techniques which utilize significant observable inputs. In accordance with the requirements of U.S. GAAP, the amounts of transfers into and out of Level 3, if material, are disclosed in the Notes to Schedule of Investments for each respective Portfolio.

For fair valuations using significant unobservable inputs, U.S. GAAP requires a reconciliation of the beginning to ending balances for reported fair values that presents changes attributable to realized gain (loss), unrealized appreciation (depreciation), purchases and sales, accrued discounts (premiums), and transfers into and out of the Level 3 category during the period. The end of period value is used for the transfers between Levels of a Portfolio's assets and liabilities. Additionally, U.S. GAAP requires quantitative information regarding the significant unobservable inputs used in the determination of fair value of assets or liabilities categorized as Level 3 in the fair value hierarchy. In accordance with the requirements of U.S. GAAP, a fair value hierarchy, and if material, a Level 3 reconciliation and details of significant unobservable inputs, have been included in the Notes to Schedule of Investments for each respective Portfolio.

**(c) Valuation Techniques and the Fair Value Hierarchy**

**Level 1, Level 2 and Level 3 trading assets and trading liabilities, at fair value** The valuation methods (or "techniques") and significant inputs used in determining the fair values of portfolio securities or other assets and liabilities categorized as Level 1, Level 2 and Level 3 of the fair value hierarchy are as follows:

Common stocks, ETFs, exchange-traded notes and financial derivative instruments, such as futures contracts, rights and warrants, or options on futures that are traded on a national securities exchange, are stated at the last reported sale or settlement price on the day of valuation. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy.

Investments in registered open-end investment companies (other than ETFs) will be valued based upon the NAVs of such investments and are categorized as Level 1 of the fair

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Notes to Financial Statements (Cont.)

value hierarchy. Investments in unregistered open-end investment companies will be calculated based upon the NAVs of such investments and are considered Level 1 provided that the NAVs are observable, calculated daily and are the value at which both purchases and sales will be conducted.

Fixed income securities including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. treasury obligations, sovereign issues, bank loans, convertible preferred securities and non-U.S. bonds are normally valued on the basis of quotes obtained from brokers and dealers or Pricing Sources that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The Pricing Sources' internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Fixed income securities purchased on a delayed-delivery basis or as a repurchase commitment in a sale-buyback transaction are marked to market daily until settlement at the forward settlement date and are categorized as Level 2 of the fair value hierarchy.

Mortgage-related and asset-backed securities are usually issued as separate tranches, or classes, of securities within each deal. These securities are also normally valued by Pricing Sources that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The pricing models for these securities usually consider tranche-level attributes, current market data, estimated cash flows and market-based yield spreads for each tranche, and incorporate deal collateral performance, as available. Mortgage-related and asset-backed securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Valuation adjustments may be applied to certain securities that are solely traded on a foreign exchange to account for the market movement between the close of the foreign market and the NYSE Close (or, in the case of the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, the earlier of 3:00 p.m. Eastern time and the NYSE Close). These securities are valued using Pricing Sources that consider the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments. Securities using these valuation adjustments are categorized as Level 2 of the fair value hierarchy. Preferred securities and other equities traded on inactive markets or valued by reference to similar instruments are also categorized as Level 2 of the fair value hierarchy.

Valuation adjustments may be applied to certain exchange traded futures and options to account for market movement between the exchange settlement and the NYSE close. These securities are valued using quotes obtained from a quotation reporting system, established market makers or pricing services. Financial derivatives using these valuation adjustments are categorized as Level 2 of the fair value hierarchy.

Equity-linked securities are valued by referencing the last reported sale or settlement price of the linked referenced equity on the day of valuation. Foreign exchange adjustments are applied to the last reported price to convert the linked equity's trading currency to the contract's settling currency. These investments are categorized as Level 2 of the fair value hierarchy.

Equity exchange-traded options and over the counter financial derivative instruments, such as forward foreign currency contracts and options contracts derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These contracts are normally valued on the basis of quotes obtained from a quotation reporting system, established market makers or Pricing Sources (normally determined as of the NYSE Close or, in the case of the PIMCO Short-Term Floating NAV Portfolio II and PIMCO Short-Term Floating NAV Portfolio III, the earlier of 3:00 p.m. Eastern time and the NYSE Close). Depending on the product and the terms of the transaction, financial derivative instruments can be valued by Pricing Sources using a series of techniques, including simulation pricing models. The pricing models use inputs that are observed from actively quoted markets such as quoted prices, issuer details, indices, bid/ask spreads, interest rates, implied volatilities, yield curves, dividends and exchange rates. Financial derivative instruments that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Centrally cleared swaps and over the counter swaps derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. They are valued using a broker-dealer bid quotation or on market-based prices provided by Pricing Sources (normally determined as of the NYSE Close). Centrally cleared swaps and over the counter swaps can be valued by Pricing Sources using a series of techniques, including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as the overnight index swap rate, London Interbank Offered Rate forward rate, interest rates, yield curves and credit spreads. These securities are categorized as Level 2 of the fair value hierarchy.

If third-party evaluated vendor pricing is not available or not deemed to be indicative of fair value, the Adviser may elect to obtain Broker Quotes directly from the broker-dealer or passed through from a third-party vendor. In the event that fair value is based upon a single sourced Broker Quote, these securities are categorized as Level 3 of the fair value hierarchy. Broker Quotes are typically received from established market participants. Although independently received, the Adviser does not have the transparency to view the underlying inputs which support the market quotation. Significant changes in the Broker Quote would have direct and proportional changes in the fair value of the security.

Reference instrument valuation estimates fair value by utilizing the correlation of the security to one or more broad-based securities, market indices, and/or other financial instruments, whose pricing information is readily available. Unobservable inputs may include those used in algorithm formulas based on percentage change in the reference instruments and/or weights of each reference instrument. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source or input of the reference instrument.

Expected recovery valuation estimates that the fair value of an existing asset can be recovered, net of any liability. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

The Discounted Cash Flow model is based on future cash flows generated by the investment and may be normalized based on expected investment performance. Future cash flows are discounted to present value using an appropriate rate of return, typically calibrated to the initial transaction date and adjusted based on Capital Asset Pricing Model and/or other market-based inputs. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

The Comparable Companies model is based on application of valuation multiples from publicly traded comparable companies to the financials of the subject company. Adjustments may be made to the market-derived valuation multiples based on differences between the comparable companies and the subject company. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

Short-term debt instruments (such as commercial paper) having a remaining maturity of 60 days or less may be valued at amortized cost, so long as the amortized cost value of such short-term debt instruments is approximately the same as the fair value of the instrument as determined without the use of amortized cost valuation. These securities are

categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source of the base price.

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Notes to Financial Statements (Cont.)

When a fair valuation method is applied by the Adviser that uses significant unobservable inputs, investments will be priced by a method that the Valuation Designee believes reflects fair value and are categorized as Level 3 of the fair value hierarchy.

**3. FEDERAL INCOME TAX MATTERS**

Each Portfolio intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code (the "Code") and distribute all of its taxable income and net realized gains, if applicable, to shareholders. Accordingly, no provision for Federal income taxes has been made.

A Portfolio may be subject to local withholding taxes, including those imposed on realized capital gains. Any applicable foreign capital gains tax is accrued daily based upon net unrealized gains, and may be payable following the sale of any applicable investments.

In accordance with U.S. GAAP, the Adviser has reviewed the Portfolios' tax positions for all open tax years. As of December 31, 2022, the Portfolios have recorded no liability for net unrecognized tax benefits relating to uncertain income tax positions they have taken or expect to take in future tax returns.

The Portfolios file U.S. federal, state, and local tax returns as required. The Portfolios' tax returns are subject to examination by relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return but which can be extended to six years in certain circumstances. Tax returns for open years have incorporated no uncertain tax positions that require a provision for income taxes.

The Portfolios may gain exposure to the commodities markets primarily through investments in swap agreements, futures and options. The PIMCO All Asset: Multi-Real Fund may also gain exposure indirectly to commodity markets by investing in the Multi-Real Fund (Cayman) Ltd., which may invest without limit in commodity-linked swap agreements and other commodity-linked derivative instruments.

One of the requirements for favorable tax treatment as a regulated investment company under the Code is that a Portfolio must derive at least 90% of its gross income from certain qualifying sources of income. The Internal Revenue Service ("IRS") has issued a revenue ruling which holds that income derived from commodity index-linked derivatives, if earned directly by a Portfolio, is not qualifying income under Subchapter M of the Code. The IRS has issued private letter rulings in which the IRS specifically concluded that income derived from an investment in a subsidiary that provides commodity-linked exposure through its investments will be qualifying income. Based on the reasoning in such rulings, a portfolio will continue to seek to gain exposure to the commodity markets primarily through investments in the Subsidiary and perhaps through commodity-linked notes.

It should be noted, however, that the IRS currently has ceased the issuance of such rulings. In addition, the IRS also issued a revenue procedure, which states that the IRS will not in the future issue private letter rulings that would require a determination of whether an asset (such as a commodity index-linked note) is a "security" under the Act. The IRS issued in September 2016 proposed regulations that would have generally treated a Portfolio's income inclusion (under Subpart F of the Code) with respect to the Subsidiary as qualifying income only if there were a distribution during the same taxable year out of the earnings and profits of the Subsidiary attributable to such income inclusion. In March 2019, the IRS issued final regulations (so modifying the proposed regulations) providing that (i) it will not rule on the determination of whether a financial instrument or position is a security under the Act; (ii) any earnings and profits paid out in the same taxable year as earned by a controlled foreign corporation to a Portfolio is treated as qualifying dividends; and (iii) that income inclusion by a Portfolio of its Subsidiary's earnings would be treated as other qualifying income if derived with respect to a Portfolio's business of investing in stock, securities, or currencies.

There can be no assurance that the IRS will not change its position that income derived from commodity-linked notes and wholly- owned subsidiaries is qualifying income. Furthermore, the tax treatment of commodity-linked notes, other commodity-linked derivatives, and a Portfolio's investments in the Subsidiary may otherwise be adversely affected by future legislation, court decisions, Treasury Regulations and/or guidance issued by the IRS. Such developments could affect the character, timing and/or amount of a Portfolio's taxable income or any distributions made by a Portfolio or result in the inability of a Portfolio to operate as described in its offering memorandum.

If, during a taxable year, the Subsidiary taxable losses (and other deductible items) exceed its income and gains, the net loss will not pass through to a Portfolio as a deductible amount for income tax purposes. In the event the Subsidiary taxable gains exceed its losses and other deductible items during a taxable year, the net gain will pass through to a Portfolio as ordinary income for Federal income tax purposes.

**4. INVESTMENTS IN AFFILIATES** 

Each Portfolio may invest in the PIMCO Short Asset Portfolio and the PIMCO Short-Term Floating NAV Portfolio III ("Central Funds") to the extent permitted by the Act and rules thereunder. The Central Funds are registered investment companies created for use solely by the series of the Trust and other series of registered investment companies advised by the Adviser, in connection with their cash management activities. The main investments of the Central Funds are money market and short maturity fixed income instruments. The Central Funds may incur expenses related to their investment activities, but do not pay Investment Advisory Fees or Supervisory and Administrative Fees to the Adviser. The Central Funds are considered to be affiliated with the Portfolios. A copy of each affiliate fund's shareholder report is available at the U.S. Securities and Exchange Commission website at www.sec.gov, on the Funds' website at www.pimco.com, or upon request, as applicable. The tables below show the Portfolios' transactions in and earnings from investments in the affiliated Funds for the period ended December 31, 2022 (amounts in thousands<sup>†</sup>):

**Investments in PIMCO Short Asset Portfolio**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; **Portfolio Name** | &nbsp;&nbsp; **Market Value<br>03/31/2022** | &nbsp;&nbsp; **Purchases at<br>Cost**  | &nbsp;&nbsp; **Proceeds from<br>Sales**  | &nbsp;&nbsp; **Net<br>Realized<br>Gain (Loss)**  | &nbsp;&nbsp; **Change in<br>Unrealized<br>Appreciation<br>(Depreciation)**  | &nbsp;&nbsp; **Market Value<br>12/31/2022**  | &nbsp;&nbsp; **Dividend<br>Income**<sup>(1)</sup>  | &nbsp;&nbsp; **Realized Net<br>Capital<br>Gain<br>Distributions**<sup>(1)</sup>  |
| &nbsp;&nbsp;&nbsp; PIMCO All Asset: Multi-RAE PLUS Fund | $&nbsp;&nbsp;&nbsp; 5506 | $&nbsp;&nbsp;&nbsp; 6 | $&nbsp;&nbsp;&nbsp; (5511) | $&nbsp;&nbsp;&nbsp; (85) | $&nbsp;&nbsp;&nbsp; 84 | $&nbsp;&nbsp;&nbsp; 0 | $&nbsp;&nbsp;&nbsp; 7 | $&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO All Authority: Multi-RAE PLUS Fund | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 40219  | &nbsp;&nbsp;&nbsp; (20452) | &nbsp;&nbsp;&nbsp; (50) | &nbsp;&nbsp;&nbsp; (416) | &nbsp;&nbsp;&nbsp; 19301 | &nbsp;&nbsp;&nbsp; 629 | &nbsp;&nbsp;&nbsp; 0 |

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**Investments in PIMCO Short-Term Floating NAV Portfolio III**

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Notes to Financial Statements (Cont.)

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; **Portfolio Name** | &nbsp;&nbsp; **Market Value<br>03/31/2022**  | &nbsp;&nbsp; **Purchases at<br>Cost**  | &nbsp;&nbsp; **Proceeds from<br>Sales**  | &nbsp;&nbsp; **Net<br>Realized<br>Gain (Loss)**  | &nbsp;&nbsp; **Change in<br>Unrealized<br>Appreciation<br>(Depreciation)**  | &nbsp;&nbsp; **Market Value<br>12/31/2022** | &nbsp;&nbsp; **Dividend<br>Income**<sup>(1)</sup>  | &nbsp;&nbsp; **Realized Net<br>Capital<br>Gain<br>Distributions**<sup>(1)</sup>  |
| &nbsp;&nbsp;&nbsp; PIMCO ABS and Short-Term Investments Portfolio | $&nbsp;&nbsp;&nbsp; 720008 | $&nbsp;&nbsp;&nbsp; 1905588 | $&nbsp;&nbsp;&nbsp; (2343800) | $&nbsp;&nbsp;&nbsp; (4805) | $&nbsp;&nbsp;&nbsp; 4894 | $&nbsp;&nbsp;&nbsp; 281885 | $&nbsp;&nbsp;&nbsp; 5288 | $&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO All Asset: Multi-RAE PLUS Fund | &nbsp;&nbsp;&nbsp; 91070 | &nbsp;&nbsp;&nbsp; 282 | &nbsp;&nbsp;&nbsp; (91183) | &nbsp;&nbsp;&nbsp; (38) | &nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp; 179 | &nbsp;&nbsp;&nbsp; 281 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO All Authority: Multi-RAE PLUS Fund | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 45300 | &nbsp;&nbsp;&nbsp; (45297) | &nbsp;&nbsp;&nbsp; (3) | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO All Asset: Multi-Real Fund | &nbsp;&nbsp;&nbsp; 125 | &nbsp;&nbsp;&nbsp; 614865 | &nbsp;&nbsp;&nbsp; (591200) | &nbsp;&nbsp;&nbsp; (19) | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 23771 | &nbsp;&nbsp;&nbsp; 164 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO EM Bond and Short-Term Investments Portfolio | &nbsp;&nbsp;&nbsp; 14503 | &nbsp;&nbsp;&nbsp; 224 | &nbsp;&nbsp;&nbsp; (2000) | &nbsp;&nbsp;&nbsp; (30) | &nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp; 12735 | &nbsp;&nbsp;&nbsp; 223 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO High Yield and Short-Term Investments Portfolio | &nbsp;&nbsp;&nbsp; 40599 | &nbsp;&nbsp;&nbsp; 81644 | &nbsp;&nbsp;&nbsp; (107400) | &nbsp;&nbsp;&nbsp; (52) | &nbsp;&nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp; 14846 | &nbsp;&nbsp;&nbsp; 344 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO Investment Grade Credit Bond Portfolio | &nbsp;&nbsp;&nbsp; 277145 | &nbsp;&nbsp;&nbsp; 1187372 | &nbsp;&nbsp;&nbsp; (1337600) | &nbsp;&nbsp;&nbsp; (18) | &nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp; 126906 | &nbsp;&nbsp;&nbsp; 2172 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO Long Duration Credit Bond Portfolio | &nbsp;&nbsp;&nbsp; 165 | &nbsp;&nbsp;&nbsp; 5780216 | &nbsp;&nbsp;&nbsp; (5779400) | &nbsp;&nbsp;&nbsp; (451) | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 530 | &nbsp;&nbsp;&nbsp; 1216 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO Mortgage and Short-Term Investments Portfolio | &nbsp;&nbsp;&nbsp; 167 | &nbsp;&nbsp;&nbsp; 828431 | &nbsp;&nbsp;&nbsp; (828300) | &nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 324 | &nbsp;&nbsp;&nbsp; 631 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO Municipal Portfolio | &nbsp;&nbsp;&nbsp; 3453 | &nbsp;&nbsp;&nbsp; 27086 | &nbsp;&nbsp;&nbsp; (27500) | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp; 3044 | &nbsp;&nbsp;&nbsp; 86 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO Real Return Portfolio | &nbsp;&nbsp;&nbsp; 155 | &nbsp;&nbsp;&nbsp; 84835 | &nbsp;&nbsp;&nbsp; (82800) | &nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; 2194 | &nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO Short-Term Portfolio | &nbsp;&nbsp;&nbsp; 37129 | &nbsp;&nbsp;&nbsp; 161258 | &nbsp;&nbsp;&nbsp; (182900) | &nbsp;&nbsp;&nbsp; (1) | &nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp; 15494 | &nbsp;&nbsp;&nbsp; 259 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO U.S. Government and Short-Term Investments Portfolio | &nbsp;&nbsp;&nbsp; 188 | &nbsp;&nbsp;&nbsp; 510833 | &nbsp;&nbsp;&nbsp; (504500) | &nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 6555 | &nbsp;&nbsp;&nbsp; 133 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; PIMCO International Portfolio | &nbsp;&nbsp;&nbsp; 133208 | &nbsp;&nbsp;&nbsp; 1785 | &nbsp;&nbsp;&nbsp; (37000) | &nbsp;&nbsp;&nbsp; (567) | &nbsp;&nbsp;&nbsp; 631 | &nbsp;&nbsp;&nbsp; 98057 | &nbsp;&nbsp;&nbsp; 1784 | &nbsp;&nbsp;&nbsp; 0 |

---

<sup>†</sup> A zero balance may reflect actual amounts rounding to less than one thousand.

<sup>(1)</sup> The tax characterization of distributions is determined in accordance with Federal income tax regulations and may contain a return of capital. The actual tax characterization of distributions received is determined at the end of the fiscal year of the affiliated fund.

An affiliate includes any company in which a Fund owns 5% or more of the company's outstanding voting shares. The table below represents transactions in and earnings from these affiliated issuers for the period ended December 31, 2022 (amounts in thousands<sup>†</sup>, except number of shares).

**PIMCO High Yield and Short-Term Investments Portfolio**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; **Security Name** | &nbsp;&nbsp; **Market Value at 03/31/2022** | &nbsp;&nbsp; **Purchases**<br> **at cost** | &nbsp;&nbsp; **Proceeds from Sale** | &nbsp;&nbsp; **Net Realized Gain/(Loss)** | &nbsp;&nbsp; **Change in Unrealized Appreciation (Depreciation)** | &nbsp;&nbsp; **Market Value at 12/31/2022** | &nbsp;&nbsp; **Dividend Income** | &nbsp;&nbsp; **Shares Held at 12/31/2022** |
| &nbsp;&nbsp;&nbsp; XFIT BRANDS INC  | $&nbsp;&nbsp;&nbsp; 0 | $&nbsp;&nbsp;&nbsp; 4074 | $&nbsp;&nbsp;&nbsp; 0 | $&nbsp;&nbsp;&nbsp; 0 | $&nbsp;&nbsp;&nbsp; (3802) | $&nbsp;&nbsp;&nbsp; 272  | $&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 68040639 |

---

<sup>†</sup> A zero balance may reflect actual amounts rounding to less than one thousand.

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Glossary: (abbreviations that may be used in the preceding statements)** |  |  |  |  | (Unaudited) |
| **Counterparty Abbreviations:** |  |  |  |  |  |
| **BCY** | Barclays Capital, Inc. | **FBF** | Credit Suisse International | **NGF** | Nomura Global Financial Products, Inc. |
| **BOA** | Bank of America N.A. | **FICC** | Fixed Income Clearing Corporation | **NOM** | Nomura Securities International, Inc. |
| **BOO** | BoA Securities, Inc (Repo Only) | **GLM** | Goldman Sachs Bank USA | **NXN** | Natixis New York |
| **BOS** | BofA Securities, Inc. | **GRE** | NatWest Markets Securities, Inc. | **RBC** | Royal Bank of Canada |
| **BPG** | BNP Paribas Securities Corp. | **GSC** | Goldman Sachs & Co. LLC | **RCY** | Royal Bank of Canada |
| **BPS** | BNP Paribas S.A. | **GST** | Goldman Sachs International | **RDR** | RBC Capital Markets LLC |
| **BRC** | Barclays Bank PLC | **HUS** | HSBC Bank USA N.A. | **RYL** | NatWest Markets Plc |
| **BSH** | Banco Santander S.A. - New York Branch | **IND** | Crédit Agricole Corporate and Investment Bank <br> S.A. | **SAL** | Citigroup Global Markets, Inc. |
| **BSN** | The Bank of Nova Scotia - Toronto | **JML** | JP Morgan Securities Plc | **SCX** | Standard Chartered Bank, London |
| **CBK** | Citibank N.A. | **JPM** | JP Morgan Chase Bank N.A. | **SGY** | Societe Generale, NY |
| **CDC** | Natixis Securities Americas LLC | **JPS** | J.P. Morgan Securities LLC | **SOG** | Societe Generale Paris |
| **CDI** | Natixis Singapore | **MBC** | HSBC Bank Plc | **SSB** | State Street Bank and Trust Co. |
| **CIB** | Canadian Imperial Bank of Commerce | **MEI** | Merrill Lynch International | **STR** | State Street FICC Repo |
| **CLY** | Crédit Agricole Corporate and Investment Bank | **MSC** | Morgan Stanley & Co. LLC. | **TOR** | The Toronto-Dominion Bank |
| **DEU** | Deutsche Bank Securities, Inc. | **MSR** | Morgan Stanley & Co LLC FICC Repo | **UAG** | UBS AG Stamford |
| **DUB** | Deutsche Bank AG | **MYC** | Morgan Stanley Capital Services LLC | **UBS** | UBS Securities LLC |
| **FAR** | Wells Fargo Bank National Association | **MYI** | Morgan Stanley & Co. International PLC |  |  |
| **Currency Abbreviations:** |  |  |  |  |  |
| **ARS** | Argentine Peso | **GBP** | British Pound | **NOK** | Norwegian Krone |
| **AUD** | Australian Dollar | **HKD** | Hong Kong Dollar | **NZD** | New Zealand Dollar |
| **BRL** | Brazilian Real | **HUF** | Hungarian Forint | **PEN** | Peruvian New Sol |
| **CAD** | Canadian Dollar | **IDR** | Indonesian Rupiah | **SEK** | Swedish Krona |
| **CHF** | Swiss Franc | **ILS** | Israeli Shekel | **SGD** | Singapore Dollar |
| **CLP** | Chilean Peso | **INR** | Indian Rupee | **TRY** | Turkish New Lira |
| **CNH** | Chinese Renminbi (Offshore) | **JPY** | Japanese Yen | **TWD** | Taiwanese Dollar |
| **DKK** | Danish Krone | **KRW** | South Korean Won | **USD** | United States Dollar |
| **EUR** | Euro | **MXN** | Mexican Peso | **ZAR** | South African Rand |
| **Exchange Abbreviations:** |  |  |  |  |  |
| **CME** | Chicago Mercantile Exchange | **NYMEX** | New York Mercantile Exchange | **OTC** | Over the Counter |
| **Index/Spread Abbreviations:** |  |  |  |  |  |
| **ABX.HE** | Asset-Backed Securities Index - Home Equity | **DWRTFT** | Dow Jones Wilshire REIT Total Return Index | **NDUEEGF** | iShares MSCI Emerging Markets ETF |
| **AMNAX** | Alerian Midstream Energy Total Return Index | **ERADXULT** | eRAFI International Large Strategy Index | **PIMCODB** | PIMCO Custom Commodity Basket |
| **AMZX** | Alerian MLP Total Return Index | **ERAEMLT** | eRAFI Emerging Markets Strategy Index | **PRIME** | Daily US Prime Rate |
| **BADLARPP** | Argentina Badlar Floating Rate Notes | **ERAUSLT** | eRAFI U.S. Large Strategy Index | **RADMFENT** | RAFI Dynamic Multi-Factor Emerging Markets Equity ETF |
| **BBSW3M** | 3 Month Bank Bill Swap Rate | **ERAUSST** | eRAFI U.S. Small Strategy Index | **RADMFXNT** | RAFI Dynamic Multi-Factor Developed Ex-<br> U.S. Index |
| **BCOMF1NTC** | Bloomberg Commodity Index 1-Month Forward Total Return Custom Index | **EUR001M** | 1 Month EUR Swap Rate | **RU20INTR** | Russell 2000 Total Return Index |
| **BCOMTR** | Bloomberg Commodity Index Total Return | **EUR003M** | 3 Month EUR Swap Rate | **S&P 500** | Standard & Poor's 500 Index |
| **BRENT** | Brent Crude | **H15T1Y** | 1 Year US Treasury Yield Curve Constant Maturity Rate | **SOFRINDX** | Secured Overnight Financing Rate Index |
| **CDX.EM** | Credit Derivatives Index - Emerging <br> Markets | **JMABNIC** | J.P. Morgan Nic Custom Index | **SOFRRATE** | Secured Overnight Financing Rate |
| **CDX.HY** | Credit Derivatives Index - High Yield | **JMABNIC5** | J.P. Morgan Custom Commodity Index | **SONIO** | Sterling Overnight Interbank Average Rate |
| **CDX.IG** | Credit Derivatives Index - Investment <br> Grade | **LIBOR01M** | 1 Month USD-LIBOR | **TSFR1M** | Term SOFR 1-Month |
| **CMBX** | Commercial Mortgage-Backed Index | **LIBOR03M** | 3 Month USD-LIBOR | **UKRPI** | United Kingdom Retail Prices Index |
| **CPTFEMU** | Eurozone HICP ex-Tobacco Index | **LIBOR06M** | 6 Month USD-LIBOR | **US0001M** | ICE 1-Month USD LIBOR |
| **CPURNSA** | Consumer Price All Urban Non-Seasonally Adjusted Index | **MUTKCALM** | Tokyo Overnight Average Rate | **US0003M** | ICE 3-Month USD LIBOR |
| **CSIXTR** | Credit Suisse U.S. Dollar Total Return <br> Index | **NDDUEAFE** | MSCI EAFE Index |  |  |
| **Municipal Bond or Agency Abbreviations:** |  |  |  |  |  |
| **AGM** | Assured Guaranty Municipal | **FHA** | Federal Housing Administration | **ST** | State |
| **BAM** | Build America Mutual Assurance | **NPFGC** | National Public Finance Guarantee Corp. |  |  |
| **Other Abbreviations:** |  |  |  |  |  |
| **ABS** | Asset-Backed Security | **CLO** | Collateralized Loan Obligation | **PIK** | Payment-in-Kind |
| **AID** | Agency International Development | **CMBS** | Collateralized Mortgage-Backed Security | **REIT** | Real Estate Investment Trust |
| **ALT** | Alternate Loan Trust | **DAC** | Designated Activity Company | **REMIC** | Real Estate Mortgage Investment Conduit |
| **BABs** | Build America Bonds | **EURIBOR** | Euro Interbank Offered Rate | **RMBS** | Residential Mortgage-Backed Security |
| **BBR** | Bank Bill Rate | **LIBOR** | London Interbank Offered Rate | **TBA** | To-Be-Announced |
| **BBSW** | Bank Bill Swap Reference Rate | **OAT** | Obligations Assimilables du Trésor | **TBD** | To-Be-Determined |
| **BRL-CDI** | Brazil Interbank Deposit Rate | **OIS** | Overnight Index Swap | **TBD%** | Interest rate to be determined when loan settles or at the time of funding |
| **BTP** | Buoni del Tesoro Poliennali "Long-term Treasury Bond" | **oz.** | Ounce | **WTI** | West Texas Intermediate |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Funds

- **b. Investment Company Act file number:** 811-05028

- **c. CIK number of Registrant:** 0000810893

- **d. LEI of Registrant:** 5493003B5Y5GR0Y25Y76

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO Long Duration Credit Bond Portfolio

- **b. EDGAR series identifier (if any):** S000024285

- **c. LEI of Series:** ARRW3S61ZWIBB3UOV031

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $33724010327.47

**Total Liabilities:** $10113942274.45

**Net Assets:** $23610068053.02

**Cash Not Reported:** $15812355.93

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 3798283.858300 | **1-Year:** 571502.295500 | **5-Year:** 3248977.979600 | **10-Year:** 13509718.302900 | **30-Year:** 1727312.321200

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

- **3-Month:** 18916.956600 | **1-Year:** 28280.369600 | **5-Year:** -28960.192800 | **10-Year:** -46931.240600 | **30-Year:** 195.755200

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000071766 | -2.45%               | 8.44%                | -1.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-98733582.42            | $-632675650.14                             |
| Month 2  | $-78921151.27            | $1815359076.76                             |
| Month 3  | $9014792.00              | $-394974209.93                             |

**Designated Index Information**

- **Index Name:** Bloomberg US Long Credit Total Return Unhedged Index

- **Index Identifier:** LULCTRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                                                                              | 317U1Q9A3 PIMCO SWAPTION 3.14 PUT EUR 20230609             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -74900000 | NC      | $-2457567.18    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1QNA7 PIMCO SWAPTION 3.55 PUT USD 20230112             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -31900000 | NC      | $-266617.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1QOA6 PIMCO SWAPTION 3.0 CALL USD 20230112             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -31900000 | NC      | $-4300.12       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1RFA4 PIMCO SWAPTION 2.61 CALL USD 2023011             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -14600000 | NC      | $-2010.42       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1RGA3 PIMCO SWAPTION 3.11 PUT USD 20230117             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -14600000 | NC      | $-419234.62     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1ROA4 PIMCO SWAPTION 3.05 PUT USD 20230117             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -12500000 | NC      | $-456902.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1RPA3 PIMCO SWAPTION 2.6 CALL USD 20230117             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -12500000 | NC      | $-1547.50       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1S3A5 PIMCO SWAPTION 3.4 PUT USD 20230117              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -25500000 | NC      | $-427731.90     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1S4A4 PIMCO SWAPTION 2.9 CALL USD 20230117             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -25500000 | NC      | $-2820.30       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1S9A9 PIMCO SWAPTION 3.18 PUT USD 20230119             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -15100000 | NC      | $-337099.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1SAA7 PIMCO SWAPTION 2.74 CALL USD 2023011             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -15100000 | NC      | $-11936.55      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1T0A6 PIMCO SWAPTION 3.52 PUT USD 20230123             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -25000000 | NC      | $-296355.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1T1A5 PIMCO SWAPTION 3.07 CALL USD 2023012             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -25000000 | NC      | $-21035.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1TSA6 PIMCO SWAPTION 3.32 PUT USD 20230123             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -13300000 | NC      | $-166390.98     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1TTA5 PIMCO SWAPTION 2.87 CALL USD 2023012             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -13300000 | NC      | $-39040.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U710Y9 PIMCO SWAPTION 0.00495 PUT EUR 20230             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    50000000 | NC      | $21289013.87    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U714Y5 PIMCO SWAPTION  0.0005 PUT EUR 20230             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  -285000000 | NC      | $-44937059.18   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| AGRIBANK FCB                                                                     | AGRIBANK FCB PREFERRED STOCK VAR                           | CUSIP: 00850L203<br>LEI: I0JS1G88CFNZT8P31C22 | Long             | EP               | CORP              | US        |      130000 | NS      | $12980500.00    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR GBP SONIO/1.17500 02/28/22-30Y LCH                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |           1 | NC      | $-5700356.05    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR GBP SONIO/2.00000 03/15/23-10Y LCH                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |           1 | NC      | $8507038.26     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR JPY MUT+5.89/0.3000 03/20/18-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | JP        |           1 | NC      | $40684.49       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PERU SA                                                     | BANCO DE CREDITO DEL PER SR UNSECURED 144A 09/24 4.65      | CUSIP: 05971U2B2<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    14500000 | PA      | $3566998.09     | 0.02%             | 2024-09-17      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR JPY MUTKCALM/0.00000 09/15/21-3Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | JP        |           1 | NC      | $623224.59      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR JPY MUTKCALM/0.00000 12/15/21-2Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | JP        |           1 | NC      | $19339.12       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/1.00000 06/15/22-5Y CME                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $172485000.78   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/1.00000 06/15/22-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $43472449.71    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO E INVERSIONES SA/SANTIAGO BRANCH                                | BANC CREDITO INVERSIONES SR UNSECURED REGS 10/27 3.5       | CUSIP: 05890PZA7<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     9200000 | PA      | $8484236.96     | 0.04%             | 2027-10-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/1.00000 12/15/21-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $29156624.44    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO E INVERSIONES SA/SANTIAGO BRANCH                                | BANCO DE CRED E INVER SR UNSECURED REGS 02/23 4            | CUSIP: P32133CG6<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     1900000 | PA      | $1888157.36     | 0.01%             | 2023-02-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/1.75000 06/15/22-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |           1 | NC      | $52173283.07    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO INBURSA SA                                                                 | BANCO INBURSA SR UNSECURED 144A 04/27 4.375                | CUSIP: 05969LAB7<br>LEI: 9598007PWYZP4GP23S45 | Long             | DBT              | CORP              | MX        |     5100000 | PA      | $4815522.00     | 0.02%             | 2027-04-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC JR SUBORDINA 12/49 VAR                       | CUSIP: 172967JM4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |     7100000 | NS      | $6499411.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA SR UNSECURED 04/28 4.379                | CUSIP: 05964HAJ4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    18400000 | PA      | $17298003.76    | 0.07%             | 2028-04-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA SR UNSECURED 05/25 2.746                | CUSIP: 05971KAE9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     6600000 | PA      | $6182743.25     | 0.03%             | 2025-05-28      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA SR UNSECURED 05/30 3.49                 | CUSIP: 05971KAF6<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     5400000 | PA      | $4556547.59     | 0.02%             | 2030-05-28      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA SR UNSECURED 06/29 3.306                | CUSIP: 05971KAC3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     7200000 | PA      | $6283907.14     | 0.03%             | 2029-06-27      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                                                                   | BANCOLOMBIA SA SR UNSECURED 01/25 3                        | CUSIP: 05968LAM4<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    11800000 | PA      | $11197512.65    | 0.05%             | 2025-01-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | TECK RESOURCES LIMITED SNR S* ICE                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $1338835.41     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | TELEFONICA EMISIONES SA SNR SE ICE                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | ES        |           1 | NC      | $4227.53        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | TELEFONICA EMISIONES SAU SNR SE ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | ES        |           1 | NC      | $-65077.89      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | TENCENT HOLDINGS LIMITED SNR AS SP BPS                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $21399.24       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | TENCENT HOLDINGS LIMITED SNR AS SP BRC                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $3404.42        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | TESCO PLC SNR SE ICE                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |           1 | NC      | $-465712.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP JR SUBORDINA 06/27 8.05               | CUSIP: 06051GHP7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     3180000 | PA      | $3428978.45     | 0.01%             | 2027-06-15      | Fixed         | 8.05%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 02/30 VAR                | CUSIP: 06051GHQ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    14862000 | PA      | $13527919.41    | 0.06%             | 2030-02-07      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 31750KMK5 OPTION MAR23 ECAL FN 4.5 99 CALL                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -22000000 | NC      | $-55684.20      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 3175255N9 OTC ECAL FN 5.5 JAN23 101.859375 CALL            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -22700000 | NC      | $-208.84        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317536AI1 OTC ECAL FN 5.5 JAN23 101.890625 CALL            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -18800000 | NC      | $-141.00        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317543GN0 OTC EPUT FN 5.0 MAR23 98.765625 PUT              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -13500000 | NC      | $-184516.65     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC JR SUBORDINA 12/99 VAR                       | CUSIP: 172967MK4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |      300000 | NS      | $250503.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 3175472V8 OTC ECAL FN 4.5 MAR23 99.15625 CALL              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -16600000 | NC      | $-37009.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317551R84 EPUT FN 5.5 FEB23 99,75 PUT                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -26400000 | NC      | $-160052.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317553QJ7 ECAL FN 5.5 FEB23 101,75 CALL                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -26400000 | NC      | $-60316.08      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 3175544B6 OPTION MAR23 EPUT FN 4.5 PUT 97                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -17400000 | NC      | $-267646.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 03/51 VAR                | CUSIP: 06051GJA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     2200000 | PA      | $1732309.77     | 0.01%             | 2051-03-20      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC JR SUBORDINA 12/99 VAR                       | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |     4000000 | NS      | $3496360.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317575BD9 OTC ECAL FN 5.0 MAR23 100.765625 CALL            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -13500000 | NC      | $-44412.30      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC JR SUBORDINA 12/99 VAR                       | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    50500000 | NS      | $43234060.00    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | LONG GILT FUTURE  MAR23 IFLL 20230329                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |          -9 | NC      | $71041.18       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | US 10YR ULTRA FUT MAR23 XCBT 20230322                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        -312 | NC      | $374963.04      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 04/32 VAR                | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $8027848.50     | 0.03%             | 2032-04-22      | Floating      | 2.69%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 04/33 VAR                | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    88000000 | PA      | $80742579.28    | 0.34%             | 2033-04-27      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 04/42 VAR                | CUSIP: 06051GJW0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     8700000 | PA      | $6412013.01     | 0.03%             | 2042-04-22      | Floating      | 3.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | VERIZON COMMUNICATIONS INC SNR S* ICE                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $606.31         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | VERIZON COMMUNICATIONS INC SNR S* ICE                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-55780.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | VERIZON COMMUNICATIONS INC SNR S* ICE                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-4502.13       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | VODAFONE GROUP PUBLIC LIMITED SNR SE ICE                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |           1 | NC      | $91185.36       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | VOLKSWAGEN INTERNATIONAL FINA SNR SE ICE                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | NL        |           1 | NC      | $-185026.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | WILLIAMS COS INC SNR S* ICE                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $97035.78       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 07/28 VAR                | CUSIP: 06051GGR4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    13900000 | PA      | $12818144.51    | 0.05%             | 2028-07-21      | Floating      | 3.59%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 07/29 VAR                | CUSIP: 06051GHM4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2803163.52     | 0.01%             | 2029-07-23      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 07/30 VAR                | CUSIP: 06051GHV4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    30600000 | PA      | $26381745.94    | 0.11%             | 2030-07-23      | Floating      | 3.19%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 07/32 VAR                | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    12355000 | PA      | $9544376.00     | 0.04%             | 2032-07-21      | Floating      | 2.30%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 07/33 VAR                | CUSIP: 06051GKY4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     5200000 | PA      | $4952193.58     | 0.02%             | 2033-07-22      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 07/52 VAR                | CUSIP: 06051GKB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     1700000 | PA      | $1069076.60     | 0.00%             | 2052-07-21      | Floating      | 2.97%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 12/28 VAR                | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    85251000 | PA      | $77341185.45    | 0.33%             | 2028-12-20      | Floating      | 3.42%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SUBORDINATED 05/38 7.75               | CUSIP: 59023VAA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     8700000 | PA      | $10153027.63    | 0.04%             | 2038-05-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA NA                                                               | BANK OF AMERICA NA SUBORDINATED 10/36 6                    | CUSIP: 06050TJZ6<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |     9200000 | PA      | $9435799.96     | 0.04%             | 2036-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BAPTIST HEALTHCARE SYSTEM OBLIGATED GROUP                                        | BAPTIST HEALTHCARE UNSECURED 08/50 3.54                    | CUSIP: 06684QAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    15000000 | PA      | $10836219.45    | 0.05%             | 2050-08-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC JR SUBORDINA 12/99 VAR                        | CUSIP: 06738EBA2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    10700000 | PA      | $10473160.00    | 0.04%             | 2023-09-15      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC JR SUBORDINA REGS 12/99 VAR                   | CUSIP: ACI0SSSH6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     1300000 | PA      | $1557458.98     | 0.01%             | 2023-03-15      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC JR SUBORDINA VAR                              | CUSIP: ACI1CH093<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     8400000 | PA      | $9625943.59     | 0.04%             | 2025-06-15      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 01/26 4.375                      | CUSIP: 06738EAN5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     5000000 | PA      | $4844081.40     | 0.02%             | 2026-01-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 01/28 4.337                      | CUSIP: 06738EAU9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     4400000 | PA      | $4095693.01     | 0.02%             | 2028-01-10      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 05/24 VAR                        | CUSIP: 06738EBB0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    15000000 | PA      | $14897810.55    | 0.06%             | 2024-05-16      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 05/29 VAR                        | CUSIP: 06738EBD6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    40987000 | PA      | $38566268.43    | 0.16%             | 2029-05-16      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 08/33 VAR                        | CUSIP: 06738ECA1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     2400000 | PA      | $2274019.87     | 0.01%             | 2033-08-09      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 11/33 VAR                        | CUSIP: 06738ECE3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     8500000 | PA      | $8932310.17     | 0.04%             | 2033-11-02      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 11/42 VAR                        | CUSIP: 06738EBW4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     6000000 | PA      | $4117043.10     | 0.02%             | 2042-11-24      | Floating      | 3.33%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SUBORDINATED 06/30 VAR                        | CUSIP: 06738EBK0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     2075000 | PA      | $1915487.61     | 0.01%             | 2030-06-20      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| BARRICK NORTH AMERICA FINANCE LLC                                                | BARRICK NA FINANCE LLC COMPANY GUAR 05/41 5.7              | CUSIP: 06849RAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8500000 | PA      | $8577408.48     | 0.04%             | 2041-05-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORPORATION                                                          | BAT CAPITAL CORP COMPANY GUAR 08/37 4.39                   | CUSIP: 05526DBD6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    12200000 | PA      | $9525297.86     | 0.04%             | 2037-08-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORPORATION                                                          | BAT CAPITAL CORP COMPANY GUAR 08/47 4.54                   | CUSIP: 05526DBF1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    23333000 | PA      | $16574280.62    | 0.07%             | 2047-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORPORATION                                                          | BAT CAPITAL CORP COMPANY GUAR 09/49 4.758                  | CUSIP: 05526DBK0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     4200000 | PA      | $3058380.32     | 0.01%             | 2049-09-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| COBANK ACB (AKA: COBANK AB)                                                      | COBANK ACB JR SUBORDINA 12/99 VAR                          | CUSIP: 19075QAD4<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | EP               | CORP              | US        |    12600000 | NS      | $10763802.00    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| COBANK ACB (AKA: COBANK AB)                                                      | COBANK ACB JR SUBORDINA 12/99 VAR                          | CUSIP: 19075QAE2<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | EP               | CORP              | US        |    15000000 | NS      | $14807100.00    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | BAXTER INTERNATIONAL INC SR UNSECURED 12/51 3.132          | CUSIP: 071813CV9<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $6497413.90     | 0.03%             | 2051-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                                          | BAY AREA CA TOLL AUTH TOLL BRI BAYTRN 04/30 FIXED 6.793    | CUSIP: 072024NT5<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |      540000 | PA      | $567512.03      | 0.00%             | 2030-04-01      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                                          | BAY AREA CA TOLL AUTH TOLL BRI BAYTRN 04/49 FIXED 6.263    | CUSIP: 072024ND0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |     4800000 | PA      | $5455837.92     | 0.02%             | 2049-04-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                                          | BAY AREA CA TOLL AUTH TOLL BRI BAYTRN 04/50 FIXED 7.043    | CUSIP: 072024NV0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    15775000 | PA      | $19441759.93    | 0.08%             | 2050-04-01      | Fixed         | 7.04%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                                          | BAY AREA CA TOLL AUTH TOLL BRI BAYTRN 10/50 FIXED 6.907    | CUSIP: 072024PY2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    28895000 | PA      | $35384320.01    | 0.15%             | 2050-10-01      | Fixed         | 6.91%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                          | BAYER US FINANCE II LLC COMPANY GUAR 144A 06/38 4.625      | CUSIP: 07274NAN3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |      900000 | PA      | $786518.95      | 0.00%             | 2038-06-25      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                          | BAYER US FINANCE II LLC COMPANY GUAR 144A 06/48 4.875      | CUSIP: 07274NAQ6<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    27000000 | PA      | $23413490.10    | 0.10%             | 2048-06-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                          | BAYER US FINANCE II LLC COMPANY GUAR 144A 07/34 4.2        | CUSIP: 07274NAZ6<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    14484000 | PA      | $12594901.85    | 0.05%             | 2034-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                          | BAYER US FINANCE II LLC COMPANY GUAR 144A 07/44 4.4        | CUSIP: 07274NBF9<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3171470.52     | 0.01%             | 2044-07-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                          | BAYER US FINANCE II LLC COMPANY GUAR 144A 12/28 4.375      | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     9800000 | PA      | $9219155.96     | 0.04%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND COMPANY                                                     | BECTON DICKINSON AND CO SR UNSECURED 05/50 3.794           | CUSIP: 075887CK3<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    10700000 | PA      | $8263697.10     | 0.04%             | 2050-05-20      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERGY COMPANY                                                | BERKSHIRE HATHAWAY ENERG SR UNSECURED 01/49 4.45           | CUSIP: 084659AR2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    24790000 | PA      | $21416462.02    | 0.09%             | 2049-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERGY COMPANY                                                | BERKSHIRE HATHAWAY ENERG SR UNSECURED 02/45 4.5            | CUSIP: 084659AF8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |      580000 | PA      | $507802.90      | 0.00%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERGY COMPANY                                                | BERKSHIRE HATHAWAY ENERG SR UNSECURED 144A 05/53 4.6       | CUSIP: 084659BE0<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $13107761.55    | 0.06%             | 2053-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FINANCE CORPORATION                                           | BERKSHIRE HATHAWAY FIN COMPANY GUAR 01/49 4.25             | CUSIP: 084664CR0<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     3500000 | PA      | $3135283.34     | 0.01%             | 2049-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FINANCE CORPORATION                                           | BERKSHIRE HATHAWAY FIN COMPANY GUAR 03/32 2.875            | CUSIP: 084664DA6<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     7900000 | PA      | $6866181.43     | 0.03%             | 2032-03-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FINANCE CORPORATION                                           | BERKSHIRE HATHAWAY FIN COMPANY GUAR 03/52 3.85             | CUSIP: 084664DB4<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    13600000 | PA      | $10912194.19    | 0.05%             | 2052-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FINANCE CORPORATION                                           | BERKSHIRE HATHAWAY FIN COMPANY GUAR 08/48 4.2              | CUSIP: 084664CQ2<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    13700000 | PA      | $12128740.15    | 0.05%             | 2048-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY INC                                                           | BERKSHIRE HATHAWAY INC SR UNSECURED 02/43 4.5              | CUSIP: 084670BK3<br>LEI: 5493000C01ZX7D35SD85 | Long             | DBT              | CORP              | US        |      745000 | PA      | $700204.53      | 0.00%             | 2043-02-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BETH ISRAEL LAHEY HEALTH INC                                                     | BETH ISRAEL LAHEY HEALTH SECURED 07/51 3.08                | CUSIP: 08661UAB2<br>LEI: 549300QPZ5W3279DU141 | Long             | DBT              | CORP              | US        |    14000000 | PA      | $8687097.58     | 0.04%             | 2051-07-01      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| BG ENERGY CAPITAL PLC                                                            | BG ENERGY CAPITAL PLC COMPANY GUAR 144A 10/41 5.125        | CUSIP: 05541VAF3<br>LEI: S2M8QDKEE05NZN8JD460 | Long             | DBT              | CORP              | GB        |    30145000 | PA      | $28301737.55    | 0.12%             | 2041-10-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BGC PARTNERS INC                                                                 | BGC PARTNERS INC SR UNSECURED 07/23 5.375                  | CUSIP: 05541TAK7<br>LEI: TF1LXM1YNB81WKUH5G19 | Long             | DBT              | CORP              | US        |    20500000 | PA      | $20407278.50    | 0.09%             | 2023-07-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BGC PARTNERS INC                                                                 | BGC PARTNERS INC SR UNSECURED 12/25 4.375                  | CUSIP: 05541TAP6<br>LEI: TF1LXM1YNB81WKUH5G19 | Long             | DBT              | CORP              | US        |     6100000 | PA      | $5722370.78     | 0.02%             | 2025-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BIG COMMERCIAL MORTGAGE TRUST 2022-BIG                                           | BIG COMMERCIAL MORTGAGE TRUST BIG 2022 BIG A 144A          | CUSIP: 05551UAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5600000 | PA      | $5386095.68     | 0.02%             | 2039-02-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| BIO-RAD LABORATORIES INC                                                         | BIO RAD LABS SR UNSECURED 03/32 3.7                        | CUSIP: 090572AQ1<br>LEI: 549300ZC1GPV35XYDK53 | Long             | DBT              | CORP              | US        |    24000000 | PA      | $20621282.40    | 0.09%             | 2032-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC (AKA: BIOGEN IDEC INC)                                                | BIOGEN INC SR UNSECURED 02/51 3.25                         | CUSIP: 09062XAK9<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |     7181000 | PA      | $4837909.79     | 0.02%             | 2051-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORPORATION                                                          | BLACK HILLS CORP SR UNSECURED 09/46 4.2                    | CUSIP: 092113AN9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     4284000 | PA      | $3277165.37     | 0.01%             | 2046-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO LLC                                               | BLACKSTONE HOLDINGS FINA COMPANY GUAR 144A 01/32 2         | CUSIP: 09261BAD2<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     7200000 | PA      | $5306816.59     | 0.02%             | 2032-01-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO LLC                                               | BLACKSTONE HOLDINGS FINA COMPANY GUAR 144A 01/52 3.2       | CUSIP: 09261BAH3<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    43000000 | PA      | $27615140.94    | 0.12%             | 2052-01-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO LLC                                               | BLACKSTONE HOLDINGS FINA COMPANY GUAR 144A 09/49 3.5       | CUSIP: 09256BAM9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     5500000 | PA      | $3744730.33     | 0.02%             | 2049-09-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO LLC                                               | BLACKSTONE HOLDINGS FINA COMPANY GUAR 144A 09/50 2.8       | CUSIP: 09261BAB6<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    10500000 | PA      | $6135011.82     | 0.03%             | 2050-09-30      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO LLC                                               | BLACKSTONE HOLDINGS FINA COMPANY GUAR 144A 10/47 4         | CUSIP: 09256BAK3<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     8400000 | PA      | $6313724.00     | 0.03%             | 2047-10-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CREDIT FUND                                                   | BLACKSTONE PRIVATE CRE SR UNSECURED 03/25 4.7              | CUSIP: 09261HAT4<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $6811861.69     | 0.03%             | 2025-03-24      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LENDING FUND                                                  | BLACKSTONE SECURED LEND SR UNSECURED 09/26 2.75            | CUSIP: 09261XAB8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |     8300000 | PA      | $7292021.52     | 0.03%             | 2026-09-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL CORP                                                             | BLOCK FINANCIAL LLC COMPANY GUAR 07/28 2.5                 | CUSIP: 093662AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6700000 | PA      | $5706998.03     | 0.02%             | 2028-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | BLUE OWL FINANCE LLC COMPANY GUAR 144A 02/32 4.375         | CUSIP: 09581JAG1<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    11000000 | PA      | $8819541.83     | 0.04%             | 2032-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | BLUE OWL FINANCE LLC COMPANY GUAR 144A 06/31 3.125         | CUSIP: 09581JAA4<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    28800000 | PA      | $21453086.88    | 0.09%             | 2031-06-10      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | BLUE OWL FINANCE LLC COMPANY GUAR 144A 10/51 4.125         | CUSIP: 09581JAC0<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    10500000 | PA      | $6211695.95     | 0.03%             | 2051-10-07      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS BNP PARIBAS                                    | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    15000000 | PA      | $14850000.00    | 0.06%             | 2029-08-16      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS JR SUBORDINA 144A 12/99 VAR                    | CUSIP: 05565AHN6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    11000000 | PA      | $10667093.91    | 0.05%             | 2024-03-25      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS SR UNSECURED 144A 01/30 VAR                    | CUSIP: 09659W2H6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     3400000 | PA      | $3237916.63     | 0.01%             | 2030-01-10      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS SR UNSECURED 144A 01/31 VAR                    | CUSIP: 09659W2K9<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    13800000 | PA      | $11338551.13    | 0.05%             | 2031-01-13      | Floating      | 3.05%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS SR UNSECURED 144A 01/33 VAR                    | CUSIP: 09659W2U7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    39900000 | PA      | $31602977.74    | 0.13%             | 2033-01-20      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS SR UNSECURED 144A 04/32 VAR                    | CUSIP: 09659W2P8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     6200000 | PA      | $4862776.68     | 0.02%             | 2032-04-19      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM                               | UNIV OF TEXAS TX UNIV REVENUES UNIHGR 08/49 FIXED 2.439    | CUSIP: 91514AKD6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     8700000 | PA      | $5482683.45     | 0.02%             | 2049-08-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| DEPOSITORY TRUST & CLEARING CORP (DTCC)                                          | DEPOSITORY TRUST + CLEAR JR SUBORDINA 144A 12/99 VAR       | CUSIP: 249670AB6<br>LEI: MLDY5N6PZ58ZE60QU102 | Long             | EP               | CORP              | US        |     8500000 | NS      | $6819975.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                           | BOARDWALK PIPELINES LP COMPANY GUAR 09/32 3.6              | CUSIP: 096630AJ7<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    20280000 | PA      | $16837367.99    | 0.07%             | 2032-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 02/31 3.625                         | CUSIP: 097023DC6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1700000 | PA      | $1493719.42     | 0.01%             | 2031-02-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 02/35 3.25                          | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1755000 | PA      | $1339943.18     | 0.01%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 02/50 3.75                          | CUSIP: 097023CQ6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     3200000 | PA      | $2210414.02     | 0.01%             | 2050-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 03/47 3.65                          | CUSIP: 097023BV6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1945000 | PA      | $1313617.91     | 0.01%             | 2047-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 03/59 3.825                         | CUSIP: 097023CF0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     4515000 | PA      | $2905081.57     | 0.01%             | 2059-03-01      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 05/23 4.508                         | CUSIP: 097023CS2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    11855000 | PA      | $11834650.18    | 0.05%             | 2023-05-01      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 05/34 3.6                           | CUSIP: 097023CJ2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     8470000 | PA      | $6797849.30     | 0.03%             | 2034-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 05/40 5.705                         | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    53900000 | PA      | $51628142.49    | 0.22%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 05/50 5.805                         | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    90190000 | PA      | $84081494.43    | 0.36%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 05/60 5.93                          | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    98600000 | PA      | $90349391.60    | 0.38%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | BOEING CO SR UNSECURED 08/59 3.95                          | CUSIP: 097023CR4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     9500000 | PA      | $6421079.07     | 0.03%             | 2059-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BON SECOURS MERCY HEALTH INC                                                     | BON SECOURS MERCY SECURED 06/50 3.205                      | CUSIP: 09778PAC9<br>LEI: 5493006NA7JSVYYYF398 | Long             | DBT              | CORP              | US        |    12000000 | PA      | $8052716.76     | 0.03%             | 2050-06-01      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| BOSTON GAS COMPANY                                                               | BOSTON GAS COMPANY SR UNSECURED 144A 02/42 4.487           | CUSIP: 100743AJ2<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |     7784000 | PA      | $6554030.86     | 0.03%             | 2042-02-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| BOSTON SCIENTIFIC CORPORATION                                                    | BOSTON SCIENTIFIC CORP SR UNSECURED 01/40 7.375            | CUSIP: 101137AL1<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |    42000000 | PA      | $48962713.38    | 0.21%             | 2040-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BOSTON SCIENTIFIC CORPORATION                                                    | BOSTON SCIENTIFIC CORP SR UNSECURED 11/35 6.75             | CUSIP: 101137AE7<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |    43837000 | PA      | $48296771.22    | 0.20%             | 2035-11-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC                                                   | BP CAP MARKETS AMERICA COMPANY GUAR 02/50 3                | CUSIP: 10373QBG4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |      700000 | PA      | $470045.44      | 0.00%             | 2050-02-24      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC                                                   | BP CAP MARKETS AMERICA COMPANY GUAR 06/41 3.06             | CUSIP: 10373QBR0<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     1830000 | PA      | $1362034.89     | 0.01%             | 2041-06-17      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| BRAZIL GOVT                                                                      | FED REPUBLIC OF BRAZIL SR UNSECURED 01/45 5                | CUSIP: 105756BW9<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    46630000 | PA      | $34699821.28    | 0.15%             | 2045-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL INC                                                        | BRIGHTHOUSE FINANCIAL IN SR UNSECURED 06/47 4.7            | CUSIP: 10922NAF0<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |     5355000 | PA      | $3937948.23     | 0.02%             | 2047-06-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL INC                                                        | BRIGHTHOUSE FINANCIAL IN SR UNSECURED 12/51 3.85           | CUSIP: 10922NAH6<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |    13100000 | PA      | $8318290.66     | 0.04%             | 2051-12-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                                     | BRISTOL MYERS SQUIBB CO SR UNSECURED 03/52 3.7             | CUSIP: 110122DW5<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    12600000 | PA      | $9867077.64     | 0.04%             | 2052-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                                     | BRISTOL MYERS SQUIBB CO SR UNSECURED 10/49 4.25            | CUSIP: 110122CR7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    17900000 | PA      | $15478789.79    | 0.07%             | 2049-10-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                                     | BRISTOL MYERS SQUIBB CO SR UNSECURED 11/47 4.35            | CUSIP: 110122DK1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     6584000 | PA      | $5835394.53     | 0.02%             | 2047-11-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BRITISH AIRWAYS 2019-1 CLASS A PASS THROUGH TRUST                                | BRITISH AIR 19 1 A PTT PASS THRU CE 144A 12/30 3.35        | CUSIP: 11043XAB9<br>LEI: 635400GSHSFIWYIDXC76 | Long             | DBT              | CORP              | US        |     1819284 | PA      | $1574337.24     | 0.01%             | 2030-12-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BRITISH AIRWAYS 2019-1 CLASS AA PASS THROUGH TRUST                               | BRITISH AIR 19 1 AA PTT PASS THRU CE 144A 06/34 3.3        | CUSIP: 11043XAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    20483260 | PA      | $17432913.64    | 0.07%             | 2034-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BRITISH AIRWAYS 2020-1 CLASS A PASS THROUGH TRUST                                | BRITISH AIR 20 1 A PTT PASS THRU CE 144A 05/34 4.25        | CUSIP: 11044MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1606771 | PA      | $1441860.29     | 0.01%             | 2034-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIONS PLC                                                   | BRITISH TELECOMMUNICATIO SR UNSECURED 12/30 9.625          | CUSIP: 111021AE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    10075000 | PA      | $12094163.29    | 0.05%             | 2030-12-15      | Variable      | 9.62%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC COMPANY GUAR 11/30 4.15                       | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     4485000 | PA      | $4030212.70     | 0.02%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC COMPANY GUAR 11/32 4.3                        | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    21250000 | PA      | $18789422.76    | 0.08%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC COMPANY GUAR 144A 02/33 2.6                   | CUSIP: 11135FBF7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    41901000 | PA      | $31562373.24    | 0.13%             | 2033-02-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC COMPANY GUAR 144A 02/41 3.5                   | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    26100000 | PA      | $18626429.43    | 0.08%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSECURED 144A 04/32 4.15                  | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    44100000 | PA      | $38834300.36    | 0.16%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSECURED 144A 04/33 3.419                 | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    24710000 | PA      | $19878857.46    | 0.08%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSECURED 144A 04/34 3.469                 | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    94812000 | PA      | $75916097.34    | 0.32%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSECURED 144A 05/37 4.926                 | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     6079000 | PA      | $5324941.87     | 0.02%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSECURED 144A 11/35 3.137                 | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    57112000 | PA      | $42167038.07    | 0.18%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | BROADCOM INC SR UNSECURED 144A 11/36 3.187                 | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     2674000 | PA      | $1929080.96     | 0.01%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | DOMINION ENERGY INC JR SUBORDINA 12/99 VAR                 | CUSIP: 25746UDM8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EP               | CORP              | US        |     5000000 | NS      | $4223850.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | BROOKFIELD FINANCE INC COMPANY GUAR 02/52 3.625            | CUSIP: 11271LAJ1<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    33900000 | PA      | $22158255.99    | 0.09%             | 2052-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | BROOKFIELD FINANCE INC COMPANY GUAR 03/51 3.5              | CUSIP: 11271LAF9<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    14900000 | PA      | $9516734.75     | 0.04%             | 2051-03-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | BROOKFIELD FINANCE INC COMPANY GUAR 09/47 4.7              | CUSIP: 11271LAB8<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    34350000 | PA      | $27759963.84    | 0.12%             | 2047-09-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE LLC / BROOKFIELD FINANCE INC                                  | BROOKFLD FIN LLC/FIN INC COMPANY GUAR 04/50 3.45           | CUSIP: 11271RAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    19000000 | PA      | $12074577.71    | 0.05%             | 2050-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO/THE                                                        | BROOKLYN UNION GAS CO SR UNSECURED 144A 03/49 4.487        | CUSIP: 114259AU8<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $5763963.08     | 0.02%             | 2049-03-04      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | BROWN + BROWN INC SR UNSECURED 03/29 4.5                   | CUSIP: 115236AB7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    10300000 | PA      | $9596085.02     | 0.04%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | BROWN + BROWN INC SR UNSECURED 03/52 4.95                  | CUSIP: 115236AF8<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    14800000 | PA      | $12083250.73    | 0.05%             | 2052-03-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                                              | BUCKEYE PARTNERS LP SR UNSECURED 10/44 5.6                 | CUSIP: 118230AP6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     2300000 | PA      | $1697448.39     | 0.01%             | 2044-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BURLINGTON NORTHERN SANTA FE LLC                                                 | BURLINGTN NORTH SANTA FE SR UNSECURED 03/43 4.45           | CUSIP: 12189LAN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    27000000 | PA      | $24293804.85    | 0.10%             | 2043-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK                          | CALIFORNIA ST INFRASTRUCTURE CASDEV 05/49 FIXED 6.486      | CUSIP: 13033W3Y7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |     4500000 | PA      | $4917856.50     | 0.02%             | 2049-05-15      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 03/40 FIXED 7.625                        | CUSIP: 13063BFR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     7575000 | PA      | $9585127.76     | 0.04%             | 2040-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 04/34 FIXED 7.5                          | CUSIP: 13063A5E0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     4840000 | PA      | $5856317.72     | 0.02%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 04/39 FIXED 7.55                         | CUSIP: 13063A5G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    12135000 | PA      | $15219260.72    | 0.06%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 11/26 FIXED OID 6.875                    | CUSIP: 13063BKD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     2550000 | PA      | $2741440.49     | 0.01%             | 2026-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE PUBLIC WORKS BOARD                                              | CALIFORNIA ST PUBLIC WKS BRD L CASFAC 03/35 FIXED 7.804    | CUSIP: 130685C81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     9010000 | PA      | $10528459.81    | 0.04%             | 2035-03-01      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/41 FIXED 6.484        | CUSIP: 13077CTL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     2000000 | PA      | $2229315.00     | 0.01%             | 2041-11-01      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                            | CAMDEN PROPERTY TRUST SR UNSECURED 11/49 3.35              | CUSIP: 133131AY8<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              | CORP              | US        |     1400000 | PA      | $982658.84      | 0.00%             | 2049-11-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG LLC                                                                  | CAMERON LNG LLC SR SECURED 144A 01/38 3.402                | CUSIP: 133434AC4<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |    26700000 | PA      | $21776823.58    | 0.09%             | 2038-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG LLC                                                                  | CAMERON LNG LLC SR SECURED 144A 01/39 3.701                | CUSIP: 133434AD2<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |      900000 | PA      | $716554.93      | 0.00%             | 2039-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CAMPBELL SOUP COMPANY                                                            | CAMPBELL SOUP CO SR UNSECURED 04/50 3.125                  | CUSIP: 134429BK4<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    10200000 | PA      | $6953561.03     | 0.03%             | 2050-04-24      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY COMPANY                                                 | CANADIAN PACIFIC RAILWAY COMPANY GUAR 09/15 6.125          | CUSIP: 13645RAX2<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    51558000 | PA      | $52090365.22    | 0.22%             | 2115-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD LP                                                             | CANTOR FITZGERALD LP SR UNSECURED 144A 04/27 4.5           | CUSIP: 138616AK3<br>LEI: 549300RLUEEVQEMX0450 | Long             | DBT              | CORP              | US        |    14500000 | PA      | $13455740.89    | 0.06%             | 2027-04-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                                | CAPITAL ONE FINANCIAL CO SR UNSECURED 05/33 VAR            | CUSIP: 14040HCT0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    14800000 | PA      | $13789404.50    | 0.06%             | 2033-05-10      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| CARLYLE FINANCE LLC                                                              | CARLYLE FINANCE LLC COMPANY GUAR 144A 09/48 5.65           | CUSIP: 14314CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5700000 | PA      | $5098267.70     | 0.02%             | 2048-09-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CARLYLE FINANCE SUBSIDIARY LLC                                                   | CARLYLE FINANCE SUB LLC COMPANY GUAR 144A 09/29 3.5        | CUSIP: 14314DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3600000 | PA      | $3052408.25     | 0.01%             | 2029-09-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CARLYLE HOLDINGS II FINANCE LLC                                                  | CARLYLE HOLDINGS II FIN COMPANY GUAR 144A 03/43 5.625      | CUSIP: 14310FAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    12213000 | PA      | $10926437.27    | 0.05%             | 2043-03-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORPORATION                                                             | CARNIVAL CORPORATION USD TERM LOAN B                       | CUSIP: P2121YAN8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |     8482500 | PA      | $8156814.39     | 0.03%             | 2025-06-30      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORPORATION                                                       | CARRIER GLOBAL CORP SR UNSECURED 04/40 3.377               | CUSIP: 14448CAR5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1525678.02     | 0.01%             | 2040-04-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORPORATION                                                       | CARRIER GLOBAL CORP SR UNSECURED 04/50 3.577               | CUSIP: 14448CAS3<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     1300000 | PA      | $932900.67      | 0.00%             | 2050-04-05      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTIONS INC                                                    | CATALENT PHARMA SOLUTIONS INC 2021 TERM LOAN B3            | CUSIP: 14880BAH4<br>LEI: 549300HALRZ339MSTH85 | Long             | LON              | CORP              | US        |     1974937 | PA      | $1948097.95     | 0.01%             | 2028-02-22      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| CDW LLC / CDW FINANCE CORP                                                       | CDW LLC/CDW FINANCE COMPANY GUAR 12/31 3.569               | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11800000 | PA      | $9745752.28     | 0.04%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| CELEO REDES OPERACION CHILE SA                                                   | CELEO REDES OPERACION CL SR SECURED 144A 06/47 5.2         | CUSIP: 15103JAA0<br>LEI: 959800U0HC7MFYWVH407 | Long             | DBT              | CORP              | CL        |     3715030 | PA      | $3185638.61     | 0.01%             | 2047-06-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CELLNEX FINANCE COMPANY SA                                                       | CELLNEX FINANCE COMPANY GUAR 144A 07/41 3.875              | CUSIP: 15118JAA3<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |     4600000 | PA      | $3153047.00     | 0.01%             | 2041-07-07      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO Y CONSTITUCION SA                                                | CELULOSA ARAUCO CONSTITU SR UNSECURED 11/47 5.5            | CUSIP: 151191BD4<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     9000000 | PA      | $8043933.78     | 0.03%             | 2047-11-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | CENOVUS ENERGY INC SR UNSECURED 11/39 6.75                 | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     7512000 | PA      | $7827202.54     | 0.03%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                              | CENTENE CORP SR UNSECURED 07/28 2.45                       | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    25800000 | PA      | $21826026.00    | 0.09%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                              | CENTENE CORP SR UNSECURED 12/29 4.625                      | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     3300000 | PA      | $3023099.71     | 0.01%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY HOUSTON ELECTRIC LLC                                          | CENTERPOINT ENER HOUSTON 1ST MORTGAGE 03/52 3.6            | CUSIP: 15189XAY4<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    16270000 | PA      | $12583433.74    | 0.05%             | 2052-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY HOUSTON ELECTRIC LLC                                          | CENTERPOINT ENER HOUSTON 1ST MORTGAGE 04/51 3.35           | CUSIP: 15189XAW8<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    13900000 | PA      | $10303050.99    | 0.04%             | 2051-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY HOUSTON ELECTRIC LLC                                          | CENTERPOINT ENER HOUSTON GENL REF MOR 07/50 2.9            | CUSIP: 15189XAU2<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     4400000 | PA      | $2980927.36     | 0.01%             | 2050-07-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RESOURCES CORP                                                | CENTERPOINT ENERGY RES SR UNSECURED 09/47 4.1              | CUSIP: 15189WAJ9<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1616006.66     | 0.01%             | 2047-09-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CF INDUSTRIES INC                                                                | CF INDUSTRIES INC COMPANY GUAR 03/34 5.15                  | CUSIP: 12527GAF0<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    21425000 | PA      | $20349256.96    | 0.09%             | 2034-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC                                             | CHARTER COMMUNICATIONS OPERATI 2019 TERM LOAN B2           | CUSIP: 16117LBX6<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |    56319916 | PA      | $55080877.50    | 0.23%             | 2027-02-01      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 02/28 3.75             | CUSIP: 161175BJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1626153.14     | 0.01%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 03/28 4.2              | CUSIP: 161175BK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1749645.61     | 0.01%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 03/42 3.5              | CUSIP: 161175CE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    12900000 | PA      | $8308042.47     | 0.04%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 03/50 4.8              | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    46200000 | PA      | $33720809.89    | 0.14%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 04/38 5.375            | CUSIP: 161175BM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10000000 | PA      | $8359475.80     | 0.04%             | 2038-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 04/48 5.75             | CUSIP: 161175BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    23900000 | PA      | $19664917.13    | 0.08%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 04/51 3.7              | CUSIP: 161175BV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6700000 | PA      | $4098134.19     | 0.02%             | 2051-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 04/53 5.25             | CUSIP: 161175CK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    52225000 | PA      | $40530587.90    | 0.17%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 04/61 3.85             | CUSIP: 161175BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    94400000 | PA      | $54929663.63    | 0.23%             | 2061-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 04/63 5.5              | CUSIP: 161175CL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3100000 | PA      | $2377013.91     | 0.01%             | 2063-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 05/47 5.375            | CUSIP: 161175BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    48000000 | PA      | $37843255.68    | 0.16%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 06/41 3.5              | CUSIP: 161175BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    24107000 | PA      | $15786828.63    | 0.07%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 06/52 3.9              | CUSIP: 161175CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    34975000 | PA      | $22087842.89    | 0.09%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 06/62 3.95             | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    15000000 | PA      | $8902311.75     | 0.04%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 07/49 5.125            | CUSIP: 161175BS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    49500000 | PA      | $37627188.89    | 0.16%             | 2049-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 10/35 6.384            | CUSIP: 161175AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    24181000 | PA      | $23656063.86    | 0.10%             | 2035-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 10/45 6.484            | CUSIP: 161175BA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    28419000 | PA      | $25748242.06    | 0.11%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 10/55 6.834            | CUSIP: 161175BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8000000 | PA      | $7420756.64     | 0.03%             | 2055-10-23      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL    | CHARTER COMM OPT LLC/CAP SR SECURED 12/61 4.4              | CUSIP: 161175CC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    72238000 | PA      | $46480675.69    | 0.20%             | 2061-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CHENIERE CORPUS CHRISTI HOLDINGS LLC                                             | CHENIERE CORP CHRISTI HD SR SECURED 11/29 3.7              | CUSIP: 16412XAJ4<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4530789.35     | 0.02%             | 2029-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHENIERE CORPUS CHRISTI HOLDINGS LLC                                             | CHENIERE CORP CHRISTI HD SR SECURED 12/39 2.742            | CUSIP: 16412XAL9<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |    21010000 | PA      | $16305775.70    | 0.07%             | 2039-12-31      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| CHICAGO TRANSIT AUTHORITY SALES & TRANSFER TAX RECEIPTS REVENUE                  | CHICAGO IL TRANSIT AUTH SALES CHITRN 12/40 FIXED 6.899     | CUSIP: 167725AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     7880000 | PA      | $8747885.86     | 0.04%             | 2040-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO TRANSIT AUTHORITY SALES & TRANSFER TAX RECEIPTS REVENUE                  | CHICAGO IL TRANSIT AUTH SALES CHITRN 12/40 FIXED 6.899     | CUSIP: 167725AF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     8075000 | PA      | $8964362.74     | 0.04%             | 2040-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND                                | CHICAGO IL TRANSIT AUTH SALES CHITRN 12/40 FIXED 6.2       | CUSIP: 16772PAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      900000 | PA      | $969840.36      | 0.00%             | 2040-12-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CHILEAN GOVT                                                                     | REPUBLIC OF CHILE SR UNSECURED 01/52 4                     | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     3200000 | PA      | $2480172.48     | 0.01%             | 2052-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC (AKA: ACE INA HOLDINGS INC)                               | CHUBB INA HOLDINGS INC COMPANY GUAR 12/51 2.85             | CUSIP: 171239AH9<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     8500000 | PA      | $5657164.29     | 0.02%             | 2051-12-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC (AKA: ACE INA HOLDINGS INC)                               | CHUBB INA HOLDINGS INC COMPANY GUAR 12/61 3.05             | CUSIP: 171239AJ5<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    17548000 | PA      | $11459281.47    | 0.05%             | 2061-12-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                                                | CI FINANCIAL CORP SR UNSECURED 06/51 4.1                   | CUSIP: 125491AP5<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |    38200000 | PA      | $22636423.83    | 0.10%             | 2051-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                                                | CI FINANCIAL CORP SR UNSECURED 12/30 3.2                   | CUSIP: 125491AN0<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |     2500000 | PA      | $1901630.78     | 0.01%             | 2030-12-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES LP                                                            | CITADEL SECURITIES LP 2021 TERM LOAN B                     | CUSIP: 17288YAD4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |     5910000 | PA      | $5812485.00     | 0.02%             | 2028-02-02      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 01/33 VAR                       | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $6071871.98     | 0.03%             | 2033-01-25      | Floating      | 3.06%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 03/33 VAR                       | CUSIP: 172967NN7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    18500000 | PA      | $15872570.06    | 0.07%             | 2033-03-17      | Floating      | 3.79%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 04/29 VAR                       | CUSIP: 172967LW9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    48000000 | PA      | $44254047.84    | 0.19%             | 2029-04-23      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 05/32 VAR                       | CUSIP: 172967MY4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    12500000 | PA      | $9898109.88     | 0.04%             | 2032-05-01      | Floating      | 2.56%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 06/31 VAR                       | CUSIP: 172967MS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3243986.04     | 0.01%             | 2031-06-03      | Floating      | 2.57%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 07/28 VAR                       | CUSIP: 172967LP4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    17500000 | PA      | $16099370.53    | 0.07%             | 2028-07-24      | Floating      | 3.67%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 07/39 8.125                     | CUSIP: 172967EW7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    12866000 | PA      | $15876977.49    | 0.07%             | 2039-07-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 10/26 3.2                       | CUSIP: 172967KY6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    21350000 | PA      | $19781115.53    | 0.08%             | 2026-10-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CITY OF BURBANK CA WATER REVENUE                                                 | BURBANK CA WTR   PWR WTR REVEN BURPWR 06/40 FIXED 5.797    | CUSIP: 12082UAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     2220000 | PA      | $2333654.45     | 0.01%             | 2040-06-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL CHI 01/29 FIXED 7.045                           | CUSIP: 167486M89<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |      185000 | PA      | $185000.00      | 0.00%             | 2029-01-01      | Fixed         | 7.04%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL CHI 01/29 FIXED 7.045                           | CUSIP: 167486M97<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |     1270000 | PA      | $1290157.31     | 0.01%             | 2029-01-01      | Fixed         | 7.04%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL CHI 01/42 FIXED 7.75                            | CUSIP: 167486C98<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |     4859000 | PA      | $5110823.51     | 0.02%             | 2042-01-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL CHI 01/42 FIXED 7.75                            | CUSIP: 167486D22<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |      996000 | PA      | $1012687.48     | 0.00%             | 2042-01-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CITY OF DALLAS TEXAS                                                             | DALLAS TX DAL 02/33 ZEROCPNOID 0                           | CUSIP: 235218M50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    19795000 | PA      | $11380824.47    | 0.05%             | 2033-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DALLAS TEXAS                                                             | DALLAS TX DAL 02/35 ZEROCPNOID 0                           | CUSIP: 235218M76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     8205000 | PA      | $4183196.18     | 0.02%             | 2035-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LOS ANGELES CA WASTEWATER SYSTEM REVENUE                                 | LOS ANGELES CA WSTWTR SYS REVE LOSUTL 06/39 FIXED 5.713    | CUSIP: 5446526E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      100000 | PA      | $104497.10      | 0.00%             | 2039-06-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| CITY OF NEWPORT BEACH CA                                                         | NEWPORT BEACH CA COPS NPBCTF 07/40 FIXED 7.168             | CUSIP: 651779BZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      900000 | PA      | $1040896.35     | 0.00%             | 2040-07-01      | Fixed         | 7.17%                 | No            |                  2 | On Loan: No      |
| CITY OF RENO NV                                                                  | RENO NV CAPITAL IMPT REVENUE RENGEN 06/36 ZEROCPNOID 0     | CUSIP: 759831DE7<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |     2975000 | PA      | $1475008.27     | 0.01%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF RENO NV                                                                  | RENO NV CAPITAL IMPT REVENUE RENGEN 06/36 ZEROCPNOID 0     | CUSIP: 759831DJ6<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |     3400000 | PA      | $1602690.30     | 0.01%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CLECO CORPORATE HOLDINGS LLC                                                     | CLECO CORPORATE HOLDINGS SR SECURED 05/46 4.973            | CUSIP: 18551PAD1<br>LEI: 5493002H80P81B3HXL31 | Long             | DBT              | CORP              | US        |      400000 | PA      | $339268.93      | 0.00%             | 2046-05-01      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| CLECO POWER LLC                                                                  | CLECO POWER LLC SR UNSECURED 12/40 6                       | CUSIP: 185508AG3<br>LEI: TM1ZH54SJKLNHFCBFK92 | Long             | DBT              | CORP              | US        |    18175000 | PA      | $17229604.66    | 0.07%             | 2040-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUMINATING COMPANY                                          | CLEVELAND ELECTRIC ILLUM SR UNSECURED 12/36 5.95           | CUSIP: 186108CE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7000000 | PA      | $6975422.86     | 0.03%             | 2036-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CME GROUP INC                                                                    | CME GROUP INC SR UNSECURED 03/32 2.65                      | CUSIP: 12572QAK1<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $8404125.00     | 0.04%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CME GROUP INC                                                                    | CME GROUP INC SR UNSECURED 06/48 4.15                      | CUSIP: 12572QAH8<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     6100000 | PA      | $5422572.43     | 0.02%             | 2048-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CME GROUP INC                                                                    | CME GROUP INC SR UNSECURED 09/43 5.3                       | CUSIP: 12572QAF2<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     1125000 | PA      | $1171590.46     | 0.00%             | 2043-09-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORPORATION                                                           | CMS ENERGY CORP SR UNSECURED 03/43 4.7                     | CUSIP: 125896BL3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     3837000 | PA      | $3234753.31     | 0.01%             | 2043-03-31      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| COCA COLA COMPANY                                                                | COCA COLA CO/THE SR UNSECURED 03/51 2.5                    | CUSIP: 191216DC1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    19600000 | PA      | $12775581.64    | 0.05%             | 2051-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COCA COLA COMPANY                                                                | COCA COLA CO/THE SR UNSECURED 06/60 2.75                   | CUSIP: 191216CY4<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $5048449.35     | 0.02%             | 2060-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| COLOMBIAN GOVT                                                                   | REPUBLIC OF COLOMBIA SR UNSECURED 01/41 6.125              | CUSIP: 195325BM6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |      200000 | PA      | $159755.24      | 0.00%             | 2041-01-18      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC COMPANY                                                         | GENERAL ELECTRIC CO JR SUBORDINA 12/49 VAR                 | CUSIP: 369604BQ5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EP               | CORP              | US        |    44282000 | NS      | $43921101.70    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| COLORADO INTERSTATE GAS COMPANY LLC                                              | COLORADO INTERSTATE GAS COMPANY GUAR 06/37 6.85            | CUSIP: 196522AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10900000 | PA      | $11015822.31    | 0.05%             | 2037-06-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 01/51 2.8                        | CUSIP: 20030NDL2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     3500000 | PA      | $2224284.62     | 0.01%             | 2051-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 02/50 3.45                       | CUSIP: 20030NCZ2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    38100000 | PA      | $27812528.70    | 0.12%             | 2050-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 03/33 7.05                       | CUSIP: 20030NAC5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     6875000 | PA      | $7942649.89     | 0.03%             | 2033-03-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 03/48 4                          | CUSIP: 20030NCK5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    12260000 | PA      | $9890206.49     | 0.04%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 06/35 5.65                       | CUSIP: 20030NAF8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     5900000 | PA      | $6204876.78     | 0.03%             | 2035-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 07/36 3.2                        | CUSIP: 20030NBT7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     1300000 | PA      | $1058464.85     | 0.00%             | 2036-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 08/62 2.65                       | CUSIP: 20030NDQ1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    18400000 | PA      | $10365803.02    | 0.04%             | 2062-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 11/47 3.969                      | CUSIP: 20030NCC3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    42110000 | PA      | $33844829.43    | 0.14%             | 2047-11-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 11/49 3.999                      | CUSIP: 20030NCE9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   103328000 | PA      | $82045730.23    | 0.35%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 11/51 2.887                      | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     3299000 | PA      | $2133655.96     | 0.01%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMPANY GUAR 11/56 2.937                      | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   165999000 | PA      | $103415629.03   | 0.44%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | COMMONSPIRIT HEALTH SR SECURED 10/29 3.347                 | CUSIP: 20268JAB9<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $8723829.10     | 0.04%             | 2029-10-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | COMMONSPIRIT HEALTH SR SECURED 10/49 4.187                 | CUSIP: 20268JAC7<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     2100000 | PA      | $1643332.17     | 0.01%             | 2049-10-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK OF AUSTRALIA                                                   | COMMONWEALTH BANK AUST SUBORDINATED 144A 03/32 3.784       | CUSIP: 202712BS3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    13700000 | PA      | $11327870.48    | 0.05%             | 2032-03-14      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON COMPANY                                                      | COMMONWEALTH EDISON CO 1ST MORTGAGE 03/50 3                | CUSIP: 202795JS0<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     5200000 | PA      | $3592541.58     | 0.02%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON COMPANY                                                      | COMMONWEALTH EDISON CO 1ST MORTGAGE 03/51 3.125            | CUSIP: 202795JT8<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    17300000 | PA      | $12018971.38    | 0.05%             | 2051-03-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON COMPANY                                                      | COMMONWEALTH EDISON CO 1ST MORTGAGE 03/52 3.85             | CUSIP: 202795JV3<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     8400000 | PA      | $6730252.28     | 0.03%             | 2052-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                                               | CONAGRA BRANDS INC SR UNSECURED 10/28 7                    | CUSIP: 205887AR3<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1922887.53     | 0.01%             | 2028-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                                               | CONAGRA BRANDS INC SR UNSECURED 11/25 4.6                  | CUSIP: 205887CB6<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     5341000 | PA      | $5268338.79     | 0.02%             | 2025-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                                               | CONAGRA BRANDS INC SR UNSECURED 11/48 5.4                  | CUSIP: 205887CE0<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     4095000 | PA      | $3805059.42     | 0.02%             | 2048-11-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & POWER COMPANY                                                | CONNECTICUT LIGHT + PWR 1ST MORTGAGE 07/31 2.05            | CUSIP: 207597EN1<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     4845000 | PA      | $3902948.57     | 0.02%             | 2031-07-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & POWER COMPANY                                                | CONNECTICUT LIGHT + PWR 1ST REF MORT 04/44 4.3             | CUSIP: 207597EG6<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |    13009000 | PA      | $11288736.67    | 0.05%             | 2044-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & POWER COMPANY                                                | CONNECTICUT LIGHT + PWR 1ST REF MORT 04/48 4               | CUSIP: 207597EL5<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     1300000 | PA      | $1091593.41     | 0.00%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK INC                                      | CON EDISON CO OF NY INC SR UNSECURED 03/42 4.2             | CUSIP: 209111FB4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4206299.05     | 0.02%             | 2042-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK INC                                      | CON EDISON CO OF NY INC SR UNSECURED 05/49 4.125           | CUSIP: 209111FV0<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    18110000 | PA      | $14811373.97    | 0.06%             | 2049-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK INC                                      | CON EDISON CO OF NY INC SR UNSECURED 05/58 4.5             | CUSIP: 209111FQ1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    33831000 | PA      | $28244104.68    | 0.12%             | 2058-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK INC                                      | CON EDISON CO OF NY INC SR UNSECURED 06/40 5.7             | CUSIP: 209111FA6<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     4900000 | PA      | $4884331.71     | 0.02%             | 2040-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK INC                                      | CON EDISON CO OF NY INC SR UNSECURED 06/61 3.6             | CUSIP: 209111GB3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    22385000 | PA      | $16070220.15    | 0.07%             | 2061-06-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK INC                                      | CON EDISON CO OF NY INC SR UNSECURED 12/54 4.625           | CUSIP: 209111FF5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     2285000 | PA      | $1949918.64     | 0.01%             | 2054-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK INC                                      | CON EDISON CO OF NY INC SR UNSECURED 12/60 3               | CUSIP: 209111FZ1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     6480000 | PA      | $4061935.19     | 0.02%             | 2060-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | CONSTELLATION BRANDS INC COMPANY GUAR 02/48 4.1            | CUSIP: 21036PAZ1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    12200000 | PA      | $9774976.84     | 0.04%             | 2048-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | CONSTELLATION BRANDS INC COMPANY GUAR 05/47 4.5            | CUSIP: 21036PAT5<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     8100000 | PA      | $6861786.78     | 0.03%             | 2047-05-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | CONSTELLATION BRANDS INC SR UNSECURED 05/32 4.75           | CUSIP: 21036PBL1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     9900000 | PA      | $9555504.35     | 0.04%             | 2032-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY GENERATION LLC                                              | CONSTELLATION EN GEN LLC SR UNSECURED 06/42 5.6            | CUSIP: 30161MAN3<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    21664000 | PA      | $20975049.70    | 0.09%             | 2042-06-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY GENERATION LLC                                              | CONSTELLATION EN GEN LLC SR UNSECURED 10/39 6.25           | CUSIP: 30161MAG8<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    13115000 | PA      | $13435437.09    | 0.06%             | 2039-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO 1ST MORTGAGE 04/49 4.35                | CUSIP: 210518DD5<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    14000000 | PA      | $12242599.32    | 0.05%             | 2049-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO 1ST MORTGAGE 05/48 4.05                | CUSIP: 210518DB9<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     8100000 | PA      | $6722080.57     | 0.03%             | 2048-05-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO 1ST MORTGAGE 11/45 4.1                 | CUSIP: 210518CY0<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     2150000 | PA      | $1723116.83     | 0.01%             | 2045-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL AIRLINES 2012-2 CLASS A PASS THRU CERTIFICATES                       | CONTL AIRLINES 2012 2 A PASS THRU CE 04/26 4               | CUSIP: 210795QB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3646625 | PA      | $3482749.41     | 0.01%             | 2026-04-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES INC                                                        | CONTINENTAL RESOURCES COMPANY GUAR 06/44 4.9               | CUSIP: 212015AQ4<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    22979000 | PA      | $17076238.81    | 0.07%             | 2044-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES INC                                                        | CONTINENTAL RESOURCES COMPANY GUAR 144A 01/31 5.75         | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     8500000 | PA      | $7929015.22     | 0.03%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)                               | COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 12/99 VAR       | CUSIP: ACI14W503<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     9200000 | PA      | $9130009.30     | 0.04%             | 2025-12-29      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)                               | COOPERATIEVE RABOBANK UA SR UNSECURED 144A 04/33 VAR       | CUSIP: 74977RDP6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    42900000 | PA      | $36661131.08    | 0.16%             | 2033-04-06      | Floating      | 3.76%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | COREBRIDGE FINANCIAL INC JR SUBORDINA 144A 12/52 VAR       | CUSIP: 21871XAN9<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    12500000 | PA      | $11608631.75    | 0.05%             | 2052-12-15      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | COREBRIDGE FINANCIAL INC SR UNSECURED 144A 04/32 3.9       | CUSIP: 21871XAG4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    21500000 | PA      | $18836490.35    | 0.08%             | 2032-04-05      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | COREBRIDGE FINANCIAL INC SR UNSECURED 144A 04/42 4.35      | CUSIP: 21871XAJ8<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    10400000 | PA      | $8575109.19     | 0.04%             | 2042-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | COREBRIDGE FINANCIAL INC SR UNSECURED 144A 04/52 4.4       | CUSIP: 21871XAL3<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    45700000 | PA      | $36444505.59    | 0.15%             | 2052-04-05      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CORNING INCORPORATED                                                             | CORNING INC SR UNSECURED 11/79 5.45                        | CUSIP: 219350BQ7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     5400000 | PA      | $4690875.19     | 0.02%             | 2079-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CORP NACIONAL DEL COBRE DE CHILE CODELCO (CODELCO)                               | CODELCO INC SR UNSECURED 144A 07/42 4.25                   | CUSIP: 21987BAR9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     2000000 | PA      | $1657698.66     | 0.01%             | 2042-07-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CORP NACIONAL DEL COBRE DE CHILE CODELCO (CODELCO)                               | CODELCO INC SR UNSECURED REGS 08/47 4.5                    | CUSIP: P3143NAZ7<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    10970000 | PA      | $9347869.83     | 0.04%             | 2047-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CORP NACIONAL DEL COBRE DE CHILE CODELCO (CODELCO)                               | CODELCO INC SR UNSECURED REGS 10/43 5.625                  | CUSIP: P3143NAS3<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     2200000 | PA      | $2147416.17     | 0.01%             | 2043-10-18      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROPERTIES LP                                                   | CORPORATE OFFICE PROP LP COMPANY GUAR 03/26 2.25           | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |     3600000 | PA      | $3160651.21     | 0.01%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROPERTIES LP                                                   | CORPORATE OFFICE PROP LP COMPANY GUAR 12/33 2.9            | CUSIP: 22003BAP1<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $2848547.96     | 0.01%             | 2033-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| COSTAR GROUP INC                                                                 | COSTAR GROUP INC COMPANY GUAR 144A 07/30 2.8               | CUSIP: 22160NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11400000 | PA      | $9335792.42     | 0.04%             | 2030-07-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR             | CUSIP: 38144GAG6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    21900000 | NS      | $17760024.00    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2004-25                                                   | COUNTRYWIDE HOME LOANS CWHL 2004 25 1A1                    | CUSIP: 12669GJY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        9253 | PA      | $8234.84        | 0.00%             | 2035-02-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                         | AMERICAN EXPRESS CO JR SUBORDINA 12/99 VAR                 | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | EP               | CORP              | US        |    13600000 | NS      | $11196608.00    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | COX COMMUNICATIONS INC COMPANY GUAR 144A 10/50 2.95        | CUSIP: 224044CM7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     4900000 | PA      | $2958790.13     | 0.01%             | 2050-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | COX COMMUNICATIONS INC SR UNSECURED 144A 02/35 4.8         | CUSIP: 224044CF2<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    13000000 | PA      | $11568126.31    | 0.05%             | 2035-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | COX COMMUNICATIONS INC SR UNSECURED 144A 06/43 4.5         | CUSIP: 224044CC9<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    21841000 | PA      | $17771050.65    | 0.08%             | 2043-06-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | COX COMMUNICATIONS INC SR UNSECURED 144A 12/42 4.7         | CUSIP: 224044BY2<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     4070000 | PA      | $3388175.69     | 0.01%             | 2042-12-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE AG/ ZURICH BRANCH                                                  | CREDIT SUISSE AG SUBORDINATED 144A 08/23 6.5               | CUSIP: 22546DAA4<br>LEI: ANGGYXNX0JLX3X63JN86 | Long             | DBT              | CORP              | CH        |    47877000 | PA      | $46474491.16    | 0.20%             | 2023-08-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 03/25 3.75             | CUSIP: 225433AC5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    26250000 | PA      | $23646413.96    | 0.10%             | 2025-03-26      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 04/26 4.55             | CUSIP: 225433AR2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    13000000 | PA      | $11479777.40    | 0.05%             | 2026-04-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 05/45 4.875            | CUSIP: 225433AF8<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     7275000 | PA      | $4999122.39     | 0.02%             | 2045-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 06/23 3.8              | CUSIP: 225433AT8<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     2400000 | PA      | $2337406.25     | 0.01%             | 2023-06-09      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 144A 01/28 4.282       | CUSIP: 225401AC2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    14750000 | PA      | $12247668.84    | 0.05%             | 2028-01-09      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 144A 01/29 VAR         | CUSIP: 225401AF5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    10550000 | PA      | $8471745.90     | 0.04%             | 2029-01-12      | Floating      | 3.87%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 144A 04/31 VAR         | CUSIP: 225401AP3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     2250000 | PA      | $1750986.79     | 0.01%             | 2031-04-01      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 144A 05/32 VAR         | CUSIP: 225401AU2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    57529000 | PA      | $39864270.10    | 0.17%             | 2032-05-14      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 144A 06/24 VAR         | CUSIP: 225401AG3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |      250000 | PA      | $243790.91      | 0.00%             | 2024-06-12      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 144A 08/28 VAR         | CUSIP: 225401AV0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     2900000 | PA      | $2645274.24     | 0.01%             | 2028-08-11      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 144A 08/33 VAR         | CUSIP: 225401AZ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    19750000 | PA      | $17377906.11    | 0.07%             | 2033-08-12      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED 144A 09/25 VAR         | CUSIP: 225401AM0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     4500000 | PA      | $3980895.53     | 0.02%             | 2025-09-11      | Floating      | 2.59%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED REGS 01/28 4.282       | CUSIP: H3698DAR5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     2650000 | PA      | $2200428.64     | 0.01%             | 2028-01-09      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CREDIT SUISSE GROUP AG SR UNSECURED REGS 01/33 0.625       | CUSIP: ACI1V1B46<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |      800000 | PA      | $477112.18      | 0.00%             | 2033-01-18      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| CRH AMERICA FINANCE INC                                                          | CRH AMERICA FINANCE INC COMPANY GUAR 144A 04/48 4.5        | CUSIP: 12636YAD4<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |     8390000 | PA      | $6945436.56     | 0.03%             | 2048-04-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CRH AMERICA FINANCE INC                                                          | CRH AMERICA FINANCE INC COMPANY GUAR 144A 05/47 4.4        | CUSIP: 12636YAB8<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |     2800000 | PA      | $2279115.16     | 0.01%             | 2047-05-09      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 01/31 2.25                   | CUSIP: 22822VAT8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     3753000 | PA      | $3019726.48     | 0.01%             | 2031-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 01/51 3.25                   | CUSIP: 22822VAU5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    36700000 | PA      | $24017713.12    | 0.10%             | 2051-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 02/26 4.45                   | CUSIP: 22822VAB7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    16495000 | PA      | $16139080.62    | 0.07%             | 2026-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 02/28 3.8                    | CUSIP: 22822VAK7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    14700000 | PA      | $13687693.32    | 0.06%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 02/29 4.3                    | CUSIP: 22822VAL5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     4400000 | PA      | $4164258.43     | 0.02%             | 2029-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 02/49 5.2                    | CUSIP: 22822VAM3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    18710000 | PA      | $16914289.23    | 0.07%             | 2049-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 04/31 2.1                    | CUSIP: 22822VAW1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |      500000 | PA      | $395277.39      | 0.00%             | 2031-04-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 05/47 4.75                   | CUSIP: 22822VAF8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    16840000 | PA      | $14375289.18    | 0.06%             | 2047-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 11/29 3.1                    | CUSIP: 22822VAN1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $6553799.48     | 0.03%             | 2029-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                            | CROWN CASTLE INC SR UNSECURED 11/49 4                      | CUSIP: 22822VAP6<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    39410000 | PA      | $29985747.98    | 0.13%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                                                                  | CSL FINANCE PLC COMPANY GUAR 144A 04/52 4.75               | CUSIP: 12661PAE9<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |    13800000 | PA      | $12438851.49    | 0.05%             | 2052-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                                                                  | CSL FINANCE PLC COMPANY GUAR 144A 04/62 4.95               | CUSIP: 12661PAF6<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     9200000 | PA      | $8221269.41     | 0.03%             | 2062-04-27      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                                     | CUBESMART LP COMPANY GUAR 02/32 2.5                        | CUSIP: 22966RAJ5<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |    12800000 | PA      | $9817522.94     | 0.04%             | 2032-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                           | CVS HEALTH CORP SR UNSECURED 03/38 4.78                    | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     1559000 | PA      | $1426365.21     | 0.01%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                           | CVS HEALTH CORP SR UNSECURED 03/48 5.05                    | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    39900000 | PA      | $36015150.47    | 0.15%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                           | CVS HEALTH CORP SR UNSECURED 04/27 3.625                   | CUSIP: 126650DH0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     2900000 | PA      | $2756400.58     | 0.01%             | 2027-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                           | CVS HEALTH CORP SR UNSECURED 04/30 3.75                    | CUSIP: 126650DJ6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     4900000 | PA      | $4454153.51     | 0.02%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                           | CVS HEALTH CORP SR UNSECURED 04/40 4.125                   | CUSIP: 126650DK3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    10700000 | PA      | $8946267.86     | 0.04%             | 2040-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                           | CVS HEALTH CORP SR UNSECURED 12/43 5.3                     | CUSIP: 126650CD0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $6666194.40     | 0.03%             | 2043-12-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TR 2014 PASS THRU CE 144A 08/36 4.163     | CUSIP: 12665VAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8099515 | PA      | $7014531.86     | 0.03%             | 2036-08-11      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TRUST PASS THRU CE 01/28 5.88             | CUSIP: 126650BC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2176695 | PA      | $2153515.32     | 0.01%             | 2028-01-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TRUST PASS THRU CE 01/30 6.943            | CUSIP: 126650BQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    22051856 | PA      | $22462217.40    | 0.10%             | 2030-01-10      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TRUST PASS THRU CE 12/28 6.036            | CUSIP: 126650BP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1018133 | PA      | $1003220.40     | 0.00%             | 2028-12-10      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TRUST PASS THRU CE 144A 01/32 7.507       | CUSIP: 126650BS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    59498866 | PA      | $61948300.28    | 0.26%             | 2032-01-10      | Fixed         | 7.51%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TRUST PASS THRU CE 144A 01/33 5.773       | CUSIP: 126650BV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      998019 | PA      | $975794.70      | 0.00%             | 2033-01-10      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TRUST PASS THRU CE 144A 01/34 5.926       | CUSIP: 126650BY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    23506073 | PA      | $22966034.01    | 0.10%             | 2034-01-10      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST SERIES 2009                                               | CVS PASS THRU TR 2009 PASS THRU CE 144A 07/31 8.353        | CUSIP: 126659AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11108480 | PA      | $12147671.30    | 0.05%             | 2031-07-10      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST SERIES 2013                                               | CVS PASS THROUGH TR 2013 PASS THRU CE 144A 01/36 4.704     | CUSIP: 12665UAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1211482 | PA      | $1089687.79     | 0.00%             | 2036-01-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                                                  | DAE FUNDING LLC COMPANY GUAR 144A 08/24 1.55               | CUSIP: 23371DAJ3<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    23100000 | PA      | $21480883.12    | 0.09%             | 2024-08-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| DAE SUKUK (DIFC) LTD                                                             | DAE SUKUK DIFC LTD SR UNSECURED 144A 02/26 3.75            | CUSIP: 23302JAA3<br>LEI: 635400AMGMPG1J5EQD94 | Long             | DBT              | CORP              | AE        |    12500000 | PA      | $11889012.50    | 0.05%             | 2026-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINANCE NORTH AMERICA LLC                                         | DAIMLER TRUCKS FINAN NA COMPANY GUAR 144A 12/28 2.375      | CUSIP: 233853AG5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    11300000 | PA      | $9516922.15     | 0.04%             | 2028-12-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINANCE NORTH AMERICA LLC                                         | DAIMLER TRUCKS FINAN NA COMPANY GUAR 144A 12/31 2.5        | CUSIP: 233853AH3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     8904000 | PA      | $6925419.81     | 0.03%             | 2031-12-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DALLAS CONVENTION CENTER HOTEL DEVELOPMENT CORPORATION                           | DALLAS TX CONVENTION CENTER HO DALFAC 01/42 FIXED 7.088    | CUSIP: 235417AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    14000000 | PA      | $15269662.80    | 0.06%             | 2042-01-01      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | DANSKE BANK A/S SR UNSECURED 144A 01/24 5.375              | CUSIP: 23636AAT8<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |     1500000 | PA      | $1488182.79     | 0.01%             | 2024-01-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DAYTON POWER & LIGHT CO/THE                                                      | DAYTON POWER + LIGHT CO/ 1ST MORTGAGE 06/49 3.95           | CUSIP: 240019BV0<br>LEI: 1ELKY8G44MKGCQWG6864 | Long             | DBT              | CORP              | US        |    11000000 | PA      | $8566294.11     | 0.04%             | 2049-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                                | DELL INT LLC / EMC CORP COMPANY GUAR 144A 12/51 3.45       | CUSIP: 24703DBG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    51000000 | PA      | $31407242.79    | 0.13%             | 2051-12-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                                | DELL INT LLC / EMC CORP SR UNSECURED 06/23 5.45            | CUSIP: 24703TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4355000 | PA      | $4358259.80     | 0.02%             | 2023-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                                | DELL INT LLC / EMC CORP SR UNSECURED 06/26 6.02            | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    84825000 | PA      | $86638964.81    | 0.37%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                                | DELL INT LLC / EMC CORP SR UNSECURED 07/36 8.1             | CUSIP: 24703TAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10633000 | PA      | $11956850.39    | 0.05%             | 2036-07-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                                | DELL INT LLC / EMC CORP SR UNSECURED 07/46 8.35            | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7448000 | PA      | $8524022.91     | 0.04%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                                | DELL INT LLC / EMC CORP SR UNSECURED 10/26 4.9             | CUSIP: 24703TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    19197000 | PA      | $18922218.94    | 0.08%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                                | DELL INT LLC / EMC CORP SR UNSECURED 10/29 5.3             | CUSIP: 24703TAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    37730000 | PA      | $36986189.27    | 0.16%             | 2029-10-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | DELTA AIR LINES INC SR UNSECURED 01/26 7.375               | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    35442000 | PA      | $36270279.54    | 0.15%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | DELTA AIR LINES INC SR UNSECURED 04/28 4.375               | CUSIP: 247361ZN1<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3572016.36     | 0.02%             | 2028-04-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | DELTA AIR LINES INC SR UNSECURED 10/24 2.9                 | CUSIP: 247361ZU5<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    11200000 | PA      | $10628892.51    | 0.05%             | 2024-10-28      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | DELTA AIR LINES INC SR UNSECURED 10/29 3.75                | CUSIP: 247361ZT8<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    45863000 | PA      | $38203619.42    | 0.16%             | 2029-10-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC / SKYMILES IP LTD                                            | DELTA AIR LINES/SKYMILES SR SECURED 144A 10/28 4.75        | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2150000 | PA      | $2024245.49     | 0.01%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY SR UNSECURED 05/32 VAR                    | CUSIP: 251526CK3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    23710000 | PA      | $18023680.49    | 0.08%             | 2032-05-28      | Floating      | 3.04%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY SR UNSECURED 09/31 VAR                    | CUSIP: 251526CD9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    27250000 | PA      | $21904996.98    | 0.09%             | 2031-09-18      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY SR UNSECURED 11/25 VAR                    | CUSIP: 251526CB3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    14600000 | PA      | $13961664.06    | 0.06%             | 2025-11-26      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY SUBORDINATED 01/32 VAR                    | CUSIP: 251526CF4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    28800000 | PA      | $21174173.28    | 0.09%             | 2032-01-14      | Floating      | 3.73%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY SUBORDINATED 01/33 VAR                    | CUSIP: 25160PAG2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    17700000 | PA      | $12607601.50    | 0.05%             | 2033-01-07      | Floating      | 3.74%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                                                 | DEUTSCHE BANK AG SR UNSECURED REGS 02/24 3.875             | CUSIP: BJDQTKII3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     3900000 | PA      | $4602803.00     | 0.02%             | 2024-02-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                                                 | DEUTSCHE BANK AG SR UNSECURED REGS 02/26 2.625             | CUSIP: ACI183TV9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    11600000 | PA      | $11731672.14    | 0.05%             | 2026-02-12      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                                                 | DEUTSCHE BANK AG SR UNSECURED REGS 12/24 2.625             | CUSIP: ACI1J0BM2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    12200000 | PA      | $13714805.50    | 0.06%             | 2024-12-16      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV                                        | DEUTSCHE TELEKOM INT FIN COMPANY GUAR 06/30 8.75           | CUSIP: 25156PAC7<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |    13100000 | PA      | $15484630.86    | 0.07%             | 2030-06-15      | Variable      | 8.75%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | DEVON ENERGY CORPORATION SR UNSECURED 04/32 7.95           | CUSIP: 251799AA0<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     5535000 | PA      | $6301682.35     | 0.03%             | 2032-04-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | DIAMONDBACK ENERGY INC COMPANY GUAR 03/52 4.25             | CUSIP: 25278XAT6<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $5226280.32     | 0.02%             | 2052-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                                                          | DIGITAL REALTY TRUST LP COMPANY GUAR 07/28 4.45            | CUSIP: 25389JAT3<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |    10900000 | PA      | $10340266.03    | 0.04%             | 2028-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                                                          | DIGITAL REALTY TRUST LP COMPANY GUAR 08/27 3.7             | CUSIP: 25389JAR7<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |      500000 | PA      | $464781.25      | 0.00%             | 2027-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                            | DIRECTV FINANCING LLC TERM LOAN                            | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      757663 | PA      | $739274.47      | 0.00%             | 2027-08-02      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS LLC                                                     | DISCOVERY COMMUNICATIONS COMPANY GUAR 09/47 5.2            | CUSIP: 25470DAT6<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    30665000 | PA      | $22893377.09    | 0.10%             | 2047-09-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS LLC                                                     | DISCOVERY COMMUNICATIONS COMPANY GUAR 09/55 4              | CUSIP: 25470DBL2<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     2208000 | PA      | $1334480.91     | 0.01%             | 2055-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOCTORS CO/THE                                                                   | DOCTORS CO INTERINSURANC SUBORDINATED 144A 01/32 4.5       | CUSIP: 256141AB8<br>LEI: MKYKR1GWDRIJRLI1S211 | Long             | DBT              | CORP              | US        |    36000000 | PA      | $29012804.28    | 0.12%             | 2032-01-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | DOMINION ENERGY INC SR UNSECURED 03/49 4.6                 | CUSIP: 25746UCZ0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     4046000 | PA      | $3423030.06     | 0.01%             | 2049-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | DOMINION ENERGY INC SR UNSECURED 08/31 2.25                | CUSIP: 25746UDL0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    15600000 | PA      | $12451852.61    | 0.05%             | 2031-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | DOMINION ENERGY INC SR UNSECURED 08/52 4.85                | CUSIP: 25746UDQ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    17000000 | PA      | $14771628.10    | 0.06%             | 2052-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | DOMINION ENERGY INC SR UNSECURED 11/32 5.375               | CUSIP: 25746UDR7<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     6700000 | PA      | $6661960.28     | 0.03%             | 2032-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT MIDSTREAM INC SR SECURED 144A 04/32 4.3                 | CUSIP: 23345MAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    17400000 | PA      | $15312609.00    | 0.06%             | 2032-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT MIDSTREAM INC TERM LOAN B                               | CUSIP: 23345NAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     2356035 | PA      | $2362667.45     | 0.01%             | 2028-06-26      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO (AKA: DETROIT EDISON COMPANY)                                    | DTE ELECTRIC CO 1ST MORTGAGE 03/50 2.95                    | CUSIP: 23338VAL0<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     4100000 | PA      | $2800030.75     | 0.01%             | 2050-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO (AKA: DETROIT EDISON COMPANY)                                    | DTE ELECTRIC CO GENL REF MOR 03/52 3.65                    | CUSIP: 23338VAR7<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     5600000 | PA      | $4359074.44     | 0.02%             | 2052-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO (AKA: DETROIT EDISON COMPANY)                                    | DTE ELECTRIC CO GENL REF MOR 04/51 3.25                    | CUSIP: 23338VAP1<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     8400000 | PA      | $6053503.60     | 0.03%             | 2051-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO (AKA: DETROIT EDISON COMPANY)                                    | DTE ELECTRIC CO GENL REF MOR 06/42 3.95                    | CUSIP: 250847EK2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |      500000 | PA      | $396089.21      | 0.00%             | 2042-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO (AKA: DETROIT EDISON COMPANY)                                    | DTE ELECTRIC CO GENL REF MOR 07/44 4.3                     | CUSIP: 23338VAD8<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     9150000 | PA      | $7911361.48     | 0.03%             | 2044-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST MORTGAGE 03/32 2.85              | CUSIP: 26442CBG8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     6400000 | PA      | $5433350.91     | 0.02%             | 2032-03-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST MORTGAGE 03/48 3.95              | CUSIP: 26442CAU8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     9915000 | PA      | $7980686.52     | 0.03%             | 2048-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST MORTGAGE 03/52 3.55              | CUSIP: 26442CBH6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $6015042.80     | 0.03%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST MORTGAGE 04/51 3.45              | CUSIP: 26442CBC7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     5600000 | PA      | $4118188.59     | 0.02%             | 2051-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST MORTGAGE 08/49 3.2               | CUSIP: 26442CAZ7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    16000000 | PA      | $11288371.04    | 0.05%             | 2049-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST MORTGAGE 12/41 4.25              | CUSIP: 26442CAM6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    16400000 | PA      | $14227790.15    | 0.06%             | 2041-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST MORTGAGE 12/47 3.7               | CUSIP: 26442CAT1<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    15355000 | PA      | $11755525.43    | 0.05%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST REF MORT 03/46 3.875             | CUSIP: 26442CAR5<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     2034000 | PA      | $1608848.42     | 0.01%             | 2046-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST REF MORT 06/45 3.75              | CUSIP: 26442CAP9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     4358000 | PA      | $3402224.66     | 0.01%             | 2045-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                        | DUKE ENERGY CAROLINAS 1ST REF MORT 09/42 4                 | CUSIP: 26442CAN4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     3500000 | PA      | $2911177.43     | 0.01%             | 2042-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                                          | DUKE ENERGY CORP SR UNSECURED 06/41 3.3                    | CUSIP: 26441CBM6<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     7450000 | PA      | $5448721.47     | 0.02%             | 2041-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                                          | DUKE ENERGY CORP SR UNSECURED 06/49 4.2                    | CUSIP: 26441CBF1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $3970859.90     | 0.02%             | 2049-06-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                                          | DUKE ENERGY CORP SR UNSECURED 06/51 3.5                    | CUSIP: 26441CBN4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     4450000 | PA      | $3109613.50     | 0.01%             | 2051-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                                          | DUKE ENERGY CORP SR UNSECURED 08/47 3.95                   | CUSIP: 26441CAY1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     4670000 | PA      | $3546879.57     | 0.02%             | 2047-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                                          | DUKE ENERGY CORP SR UNSECURED 09/46 3.75                   | CUSIP: 26441CAT2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    17850000 | PA      | $13322294.66    | 0.06%             | 2046-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC (AKA: PROGRESS ENERGY FLORIDA INC; FLORIDA POWER CORP)   | DUKE ENERGY FLORIDA LLC 1ST MORTGAGE 04/40 5.65            | CUSIP: 341099CN7<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $6079896.00     | 0.03%             | 2040-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC (AKA: PROGRESS ENERGY FLORIDA INC; FLORIDA POWER CORP)   | DUKE ENERGY FLORIDA LLC 1ST MORTGAGE 07/48 4.2             | CUSIP: 26444HAF8<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     7600000 | PA      | $6408605.30     | 0.03%             | 2048-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                                          | DUKE ENERGY INDIANA LLC 1ST MORTGAGE 07/43 4.9             | CUSIP: 263901AF7<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |      105000 | PA      | $97559.85       | 0.00%             | 2043-07-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC (AKA: PROGRESS ENERGY CAROLINAS INC)                    | DUKE ENERGY PROGRESS LLC 1ST MORTGAGE 03/43 4.1            | CUSIP: 144141DD7<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     6026000 | PA      | $5074527.08     | 0.02%             | 2043-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC (AKA: PROGRESS ENERGY CAROLINAS INC)                    | DUKE ENERGY PROGRESS LLC 1ST MORTGAGE 08/50 2.5            | CUSIP: 26442UAK0<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    25000000 | PA      | $15111631.25    | 0.06%             | 2050-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC (AKA: PROGRESS ENERGY CAROLINAS INC)                    | DUKE ENERGY PROGRESS LLC 1ST MORTGAGE 09/47 3.6            | CUSIP: 26442UAE4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    44900000 | PA      | $33831459.44    | 0.14%             | 2047-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DUQUESNE LIGHT HOLDINGS INC                                                      | DUQUESNE LIGHT HOLDINGS SR UNSECURED 144A 10/30 2.532      | CUSIP: 266233AH8<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |     3700000 | PA      | $2940258.50     | 0.01%             | 2030-10-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| E.ON INTERNATIONAL FINANCE BV                                                    | E.ON INTL FINANCE BV COMPANY GUAR 144A 04/38 6.65          | CUSIP: 268789AB0<br>LEI: 549300TG53AWJ719M814 | Long             | DBT              | CORP              | NL        |     1520000 | PA      | $1540421.49     | 0.01%             | 2038-04-30      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| EASTERN GAS TRANSMISSION AND STORAGE INC                                         | EASTERN GAS TRAN SR UNSECURED 11/43 4.8                    | CUSIP: 276480AF7<br>LEI: H2VQBNB3NSKRM5QWBI71 | Long             | DBT              | CORP              | US        |      800000 | PA      | $696721.74      | 0.00%             | 2043-11-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EASTERN GAS TRANSMISSION AND STORAGE INC                                         | EASTERN GAS TRAN SR UNSECURED 12/44 4.6                    | CUSIP: 276480AD2<br>LEI: H2VQBNB3NSKRM5QWBI71 | Long             | DBT              | CORP              | US        |     4115000 | PA      | $3397364.82     | 0.01%             | 2044-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | EBAY INC SR UNSECURED 05/31 2.6                            | CUSIP: 278642AY9<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     1600000 | PA      | $1315370.78     | 0.01%             | 2031-05-10      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | EBAY INC SR UNSECURED 05/51 3.65                           | CUSIP: 278642AZ6<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     7300000 | PA      | $5264087.52     | 0.02%             | 2051-05-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                                     | ECOPETROL SA SR UNSECURED 09/43 7.375                      | CUSIP: 279158AE9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    25700000 | PA      | $21934432.40    | 0.09%             | 2043-09-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO JR SUBORDINA 01/49 VAR                 | CUSIP: 46625HJQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    26742000 | NS      | $26600802.24    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO JR SUBORDINA 10/49 VAR                 | CUSIP: 48126HAC4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    88700000 | NS      | $86453229.00    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO JR SUBORDINA 12/49 VAR                 | CUSIP: 46625HJW1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    29650000 | NS      | $29037727.50    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO JR SUBORDINA 12/49 VAR                 | CUSIP: 48126HAA8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |     8410000 | NS      | $8262825.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| EL PASO NATURAL GAS CO.                                                          | EL PASO NATURAL GAS COMPANY GUAR 06/32 8.375               | CUSIP: 283695BK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    25670000 | PA      | $29119219.37    | 0.12%             | 2032-06-15      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA (EDF)                                                   | ELECTRICITE DE FRANCE SA SR UNSECURED 144A 01/14 6         | CUSIP: 268317AL8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    19398000 | PA      | $17359464.18    | 0.07%             | 2114-01-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA (EDF)                                                   | ELECTRICITE DE FRANCE SA SR UNSECURED 144A 09/48 5         | CUSIP: 268317AT1<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    12622000 | PA      | $10255702.92    | 0.04%             | 2048-09-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA (EDF)                                                   | ELECTRICITE DE FRANCE SA SR UNSECURED 144A 10/45 4.95      | CUSIP: 268317AQ7<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    23555000 | PA      | $19050133.10    | 0.08%             | 2045-10-13      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ANTHEM INC SR UNSECURED 03/48 4.55                         | CUSIP: 036752AH6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $6586053.30     | 0.03%             | 2048-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ANTHEM INC SR UNSECURED 05/42 4.625                        | CUSIP: 94973VAY3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     7700000 | PA      | $7038902.41     | 0.03%             | 2042-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 01/43 4.65                | CUSIP: 94973VBB2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     2605000 | PA      | $2373173.31     | 0.01%             | 2043-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 01/44 5.1                 | CUSIP: 94973VBF3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    13244000 | PA      | $12552498.71    | 0.05%             | 2044-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 03/51 3.6                 | CUSIP: 036752AS2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     4350000 | PA      | $3273094.51     | 0.01%             | 2051-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 05/52 4.55                | CUSIP: 036752AU7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    15100000 | PA      | $13200053.67    | 0.06%             | 2052-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 09/49 3.7                 | CUSIP: 036752AK9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     5640000 | PA      | $4310072.10     | 0.02%             | 2049-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 12/47 4.375               | CUSIP: 036752AD5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    30200000 | PA      | $25952957.09    | 0.11%             | 2047-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR                 | CUSIP: 000000000<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    35100000 | NS      | $32350968.00    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR                 | CUSIP: 48128BAG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    37600000 | NS      | $33504232.00    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR                 | CUSIP: 48128BAH4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    20700000 | NS      | $17718165.00    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR                 | CUSIP: 000000000<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    44700000 | NS      | $38106303.00    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| EMBOTELLADORA ANDINA SA                                                          | EMBOTELLADORA ANDINA SA SR UNSECURED 144A 01/50 3.95       | CUSIP: 29081PAF2<br>LEI: 254900NNPKP1J9XTSA53 | Long             | DBT              | CORP              | CL        |     3600000 | PA      | $2675532.10     | 0.01%             | 2050-01-21      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| EMERA US FINANCE LP                                                              | EMERA US FINANCE LP COMPANY GUAR 06/46 4.75                | CUSIP: 29103DAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11300000 | PA      | $8764722.73     | 0.04%             | 2046-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE ENERGY PARTNERS LP                                                      | ENBRIDGE ENERGY PARTNERS COMPANY GUAR 09/40 5.5            | CUSIP: 29250RAT3<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2818249.71     | 0.01%             | 2040-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE ENERGY PARTNERS LP                                                      | ENBRIDGE ENERGY PARTNERS COMPANY GUAR 10/45 7.375          | CUSIP: 29250RAX4<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |    19792000 | PA      | $22213390.29    | 0.09%             | 2045-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | ENBRIDGE INC COMPANY GUAR 06/44 4.5                        | CUSIP: 29250NAJ4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    10948000 | PA      | $9153886.76     | 0.04%             | 2044-06-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | ENBRIDGE INC COMPANY GUAR 08/33 2.5                        | CUSIP: 29250NBF1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    23600000 | PA      | $18219074.21    | 0.08%             | 2033-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | ENBRIDGE INC COMPANY GUAR 08/51 3.4                        | CUSIP: 29250NBE4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    29500000 | PA      | $20158384.86    | 0.09%             | 2051-08-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO PREFERRED STOCK 4.625                  | CUSIP: 48128B549<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |      831000 | NS      | $15656040.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEL FINANCE AMERICA LLC                                                         | ENEL FINANCE AMERICA LLC COMPANY GUAR 144A 07/41 2.875     | CUSIP: 29280HAB8<br>LEI: 549300EGNLVUJX1DEC60 | Long             | DBT              | CORP              | US        |    18100000 | PA      | $10924791.67    | 0.05%             | 2041-07-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                                                    | ENEL FINANCE INTL NV COMPANY GUAR 144A 05/47 4.75          | CUSIP: 29278GAC2<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    44580000 | PA      | $35154110.01    | 0.15%             | 2047-05-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                                                    | ENEL FINANCE INTL NV COMPANY GUAR 144A 10/52 7.75          | CUSIP: 29278GBB3<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    13700000 | PA      | $14709194.20    | 0.06%             | 2052-10-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP COMPANY GUAR 05/44 5                    | CUSIP: 292480AJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    44517000 | PA      | $36503079.49    | 0.15%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP COMPANY GUAR 05/45 5.35                 | CUSIP: 86765BAQ2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    20088000 | PA      | $17121640.19    | 0.07%             | 2045-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 01/43 4.95                 | CUSIP: 86765BAM1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    27800000 | PA      | $22463336.03    | 0.10%             | 2043-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 02/23 3.6                  | CUSIP: 29273RAS8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     4256000 | PA      | $4247958.76     | 0.02%             | 2023-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 02/42 6.1                  | CUSIP: 86765BAK5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     8356000 | PA      | $7699249.48     | 0.03%             | 2042-02-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 02/42 6.5                  | CUSIP: 29273RAR0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     9063000 | PA      | $8998161.85     | 0.04%             | 2042-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 02/43 5.15                 | CUSIP: 29273RAT6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    26785000 | PA      | $22260522.26    | 0.09%             | 2043-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 03/23 4.25                 | CUSIP: 29278NAL7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     8506000 | PA      | $8485888.24     | 0.04%             | 2023-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 03/25 4.05                 | CUSIP: 29273RBD0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |      800000 | PA      | $775544.55      | 0.00%             | 2025-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 03/27 4.4                  | CUSIP: 292480AK6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |      800000 | PA      | $761135.90      | 0.00%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 03/35 4.9                  | CUSIP: 29273RBE8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    19773000 | PA      | $17678693.87    | 0.07%             | 2035-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 03/45 5.15                 | CUSIP: 29273RBF5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    42386000 | PA      | $35260902.38    | 0.15%             | 2045-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 04/24 4.5                  | CUSIP: 29278NAH6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |      300000 | PA      | $295880.62      | 0.00%             | 2024-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 04/44 5.3                  | CUSIP: 86765BAP4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    12314000 | PA      | $10448020.42    | 0.04%             | 2044-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 04/47 5.3                  | CUSIP: 29273RBL2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    21750000 | PA      | $18202479.30    | 0.08%             | 2047-04-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 05/50 5                    | CUSIP: 29278NAR4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     3300000 | PA      | $2651183.30     | 0.01%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 06/38 5.8                  | CUSIP: 29278NAD5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |      900000 | PA      | $827349.38      | 0.00%             | 2038-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 06/41 6.05                 | CUSIP: 29273RAP4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1793451.06     | 0.01%             | 2041-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 07/38 7.5                  | CUSIP: 29273RAJ8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     5100000 | PA      | $5438545.34     | 0.02%             | 2038-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 10/36 6.625                | CUSIP: 29273RAF6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    22002000 | PA      | $22150281.60    | 0.09%             | 2036-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 10/47 5.4                  | CUSIP: 86765BAV1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     5038000 | PA      | $4289953.33     | 0.02%             | 2047-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 12/45 6.125                | CUSIP: 29273RBJ7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    38548000 | PA      | $35842608.07    | 0.15%             | 2045-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNERS LP                                                     | ENLINK MIDSTREAM PARTNER SR UNSECURED 06/47 5.45           | CUSIP: 29336UAG2<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    13800000 | PA      | $11109345.00    | 0.05%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | ENTERGY ARKANSAS LLC 1ST MORTGAGE 04/49 4.2                | CUSIP: 29366MAA6<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     5800000 | PA      | $4776209.11     | 0.02%             | 2049-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | ENTERGY ARKANSAS LLC 1ST MORTGAGE 06/52 3.35               | CUSIP: 29366MAC2<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     7400000 | PA      | $5176077.93     | 0.02%             | 2052-06-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORPORATION                                                              | ENTERGY CORP SR UNSECURED 06/50 3.75                       | CUSIP: 29364GAK9<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    13000000 | PA      | $9632230.01     | 0.04%             | 2050-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | ENTERGY LOUISIANA LLC 1ST MORTGAGE 03/51 2.9               | CUSIP: 29364WBD9<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     8400000 | PA      | $5412403.75     | 0.02%             | 2051-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | ENTERGY LOUISIANA LLC 1ST MORTGAGE 06/41 3.1               | CUSIP: 29364WBJ6<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    14600000 | PA      | $10900769.24    | 0.05%             | 2041-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | ENTERGY LOUISIANA LLC 1ST MORTGAGE 07/44 5                 | CUSIP: 29364WAT5<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     4300000 | PA      | $3805697.63     | 0.02%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | ENTERGY LOUISIANA LLC 1ST MORTGAGE 09/52 4.75              | CUSIP: 29364WBL1<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    13600000 | PA      | $12280068.05    | 0.05%             | 2052-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | ENTERGY LOUISIANA LLC COLLATERAL T 09/48 4.2               | CUSIP: 29364WBB3<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     1410000 | PA      | $1160695.83     | 0.00%             | 2048-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                                          | ENTERGY MISSISSIPPI LLC 1ST MORTGAGE 06/51 3.5             | CUSIP: 29366WAB2<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1081374.09     | 0.00%             | 2051-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENTERGY TEXAS INC                                                                | ENTERGY TEXAS INC 1ST MORTGAGE 03/39 4.5                   | CUSIP: 29365TAH7<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3482241.60     | 0.01%             | 2039-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENTERGY TEXAS INC                                                                | ENTERGY TEXAS INC 1ST MORTGAGE 09/52 5                     | CUSIP: 29365TAM6<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |    11900000 | PA      | $10953767.81    | 0.05%             | 2052-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 01/50 4.2            | CUSIP: 29379VBW2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    10568000 | PA      | $8360060.10     | 0.04%             | 2050-01-31      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 02/41 5.95           | CUSIP: 29379VAT0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     1863000 | PA      | $1875048.08     | 0.01%             | 2041-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 02/43 4.45           | CUSIP: 29379VAY9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    77745000 | PA      | $65847604.13    | 0.28%             | 2043-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 02/45 5.1            | CUSIP: 29379VBC6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    31665000 | PA      | $28607921.26    | 0.12%             | 2045-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 02/49 4.8            | CUSIP: 29379VBU6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     3575000 | PA      | $3063931.91     | 0.01%             | 2049-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 03/35 5.75           | CUSIP: 293791AT6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    13761000 | PA      | $13472161.29    | 0.06%             | 2035-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 03/44 4.85           | CUSIP: 29379VBA0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    32362000 | PA      | $28681891.09    | 0.12%             | 2044-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 08/42 4.85           | CUSIP: 29379VAW3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    11300000 | PA      | $10032608.16    | 0.04%             | 2042-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 08/77 VAR            | CUSIP: 29379VBM4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $7251419.68     | 0.03%             | 2077-08-16      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 08/77 VAR            | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     5601000 | PA      | $4512364.55     | 0.02%             | 2077-08-16      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                                | ENTERPRISE PRODUCTS OPER COMPANY GUAR 09/40 6.45           | CUSIP: 29379VAQ6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     4995000 | PA      | $5235237.52     | 0.02%             | 2040-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR PROPERTIES COMPANY GUAR 04/25 4.5                      | CUSIP: 26884UAB5<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |      200000 | PA      | $189886.84      | 0.00%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR PROPERTIES COMPANY GUAR 04/28 4.95                     | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    13000000 | PA      | $11111995.44    | 0.05%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR PROPERTIES COMPANY GUAR 06/27 4.5                      | CUSIP: 26884UAD1<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |     9325000 | PA      | $8175259.02     | 0.03%             | 2027-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR PROPERTIES COMPANY GUAR 12/26 4.75                     | CUSIP: 26884UAC3<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |      100000 | PA      | $89982.81       | 0.00%             | 2026-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR PROPERTIES SR UNSECURED 08/29 3.75                     | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    11360000 | PA      | $8915087.17     | 0.04%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS LP (AKA: EQT MIDSTREAM PARTNERS LP)                       | EQM MIDSTREAM PARTNERS L SR UNSECURED 08/24 4              | CUSIP: 26885BAA8<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     2095000 | PA      | $2016835.55     | 0.01%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQT CORPORATION                                                                  | EQT CORP SR UNSECURED 02/30 7                              | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     2400000 | PA      | $2493120.00     | 0.01%             | 2030-02-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | EQUINIX INC SR UNSECURED 02/52 3.4                         | CUSIP: 29444UBT2<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    11300000 | PA      | $7747775.05     | 0.03%             | 2052-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | EQUINIX INC SR UNSECURED 04/32 3.9                         | CUSIP: 29444UBU9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    54700000 | PA      | $48751676.40    | 0.21%             | 2032-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | EQUINIX INC SR UNSECURED 07/50 3                           | CUSIP: 29444UBJ4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    17681000 | PA      | $11176234.54    | 0.05%             | 2050-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | EQUITABLE HOLDINGS INC SR UNSECURED 04/23 3.9              | CUSIP: 054561AC9<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |      520000 | PA      | $518341.21      | 0.00%             | 2023-04-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | EQUITABLE HOLDINGS INC SR UNSECURED 04/28 4.35             | CUSIP: 054561AJ4<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |    12407000 | PA      | $11843920.34    | 0.05%             | 2028-04-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | EQUITABLE HOLDINGS INC SR UNSECURED 04/48 5                | CUSIP: 054561AM7<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |    38275000 | PA      | $33702069.50    | 0.14%             | 2048-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                                                             | ERAC USA FINANCE LLC COMPANY GUAR 144A 10/37 7             | CUSIP: 26882PBE1<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     9200000 | PA      | $10034294.36    | 0.04%             | 2037-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ERSTE GROUP BANK AG                                                              | ERSTE GROUP BANK AG JR SUBORDINA REGS 12/99 VAR            | CUSIP: BN13P8II9<br>LEI: PQOH26KWDF7CG10L6792 | Long             | DBT              | CORP              | AT        |     8000000 | PA      | $6811013.21     | 0.03%             | 2027-10-15      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL PROPERTIES LP                                                          | ESSENTIAL PROPER COMPANY GUAR 07/31 2.95                   | CUSIP: 29670VAA7<br>LEI: 254900XX9FNFCDE1NX02 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $3647313.40     | 0.02%             | 2031-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | ESSENTIAL UTILITIES INC SR UNSECURED 05/52 5.3             | CUSIP: 29670GAG7<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |    11500000 | PA      | $10818214.57    | 0.05%             | 2052-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | ESSEX PORTFOLIO LP COMPANY GUAR 03/48 4.5                  | CUSIP: 29717PAS6<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |     3900000 | PA      | $3095314.83     | 0.01%             | 2048-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | ESSEX PORTFOLIO LP COMPANY GUAR 05/27 3.625                | CUSIP: 29717PAR8<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |    10700000 | PA      | $10015685.14    | 0.04%             | 2027-05-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | ESSEX PORTFOLIO LP COMPANY GUAR 06/31 2.55                 | CUSIP: 29717PAZ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $5941970.85     | 0.03%             | 2031-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | ESSEX PORTFOLIO LP COMPANY GUAR 09/50 2.65                 | CUSIP: 29717PAX5<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |    11800000 | PA      | $6685576.74     | 0.03%             | 2050-09-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDGS                                                        | EVEREST REINSURANCE HLDG SR UNSECURED 10/50 3.5            | CUSIP: 299808AH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1022702.16     | 0.00%             | 2050-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDGS                                                        | EVEREST REINSURANCE HLDG SR UNSECURED 10/52 3.125          | CUSIP: 299808AJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6800000 | PA      | $4273194.26     | 0.02%             | 2052-10-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL INC                                                        | EVERGY KANSAS CENTRAL 1ST MORTGAGE 04/50 3.45              | CUSIP: 30036FAA9<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     8300000 | PA      | $6046173.26     | 0.03%             | 2050-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO INC                                                                 | EVERGY METRO GENL REF MOR 04/49 4.125                      | CUSIP: 485134BS8<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |    15431000 | PA      | $12436301.20    | 0.05%             | 2049-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO INC                                                                 | EVERGY METRO SR SECURED 06/47 4.2                          | CUSIP: 485134BQ2<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     1200000 | PA      | $979752.55      | 0.00%             | 2047-06-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | EVERSOURCE ENERGY SR UNSECURED 03/26 3.35                  | CUSIP: 30040WAB4<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     2838000 | PA      | $2659141.89     | 0.01%             | 2026-03-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                                               | EXELON CORP SR UNSECURED 06/35 5.625                       | CUSIP: 30161NAC5<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     7000000 | PA      | $7121202.13     | 0.03%             | 2035-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | EXPEDIA GROUP INC COMPANY GUAR 02/30 3.25                  | CUSIP: 30212PAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5343000 | PA      | $4544101.07     | 0.02%             | 2030-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | EXPEDIA GROUP INC COMPANY GUAR 08/27 4.625                 | CUSIP: 30212PBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4600000 | PA      | $4420500.23     | 0.02%             | 2027-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | EXTRA SPACE STORAGE LP COMPANY GUAR 03/32 2.35             | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2277646.26     | 0.01%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | EXTRA SPACE STORAGE LP COMPANY GUAR 04/29 3.9              | CUSIP: 30225VAH0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |     2900000 | PA      | $2603604.49     | 0.01%             | 2029-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS INC                                                     | FACTSET RESEARCH SYSTEMS SR UNSECURED 03/32 3.45           | CUSIP: 303075AB1<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $8410608.90     | 0.04%             | 2032-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                               | FAIRFAX FINL HLDGS LTD SR UNSECURED 04/28 4.85             | CUSIP: 303901BB7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    18100000 | PA      | $17140273.93    | 0.07%             | 2028-04-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                               | FAIRFAX FINL HLDGS LTD SR UNSECURED 04/30 4.625            | CUSIP: 303901BF8<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |     7200000 | PA      | $6548600.52     | 0.03%             | 2030-04-29      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                               | FAIRFAX FINL HLDGS LTD SR UNSECURED 144A 08/32 5.625       | CUSIP: 303901BK7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    17900000 | PA      | $16852097.31    | 0.07%             | 2032-08-16      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FARMERS INSURANCE EXCHANGE                                                       | FARMERS INS EXCH SUBORDINATED 144A 11/57 VAR               | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |    21600000 | PA      | $17397240.48    | 0.07%             | 2057-11-01      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| FEDEX CORPORATION                                                                | FEDEX CORP COMPANY GUAR 01/44 5.1                          | CUSIP: 31428XAW6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    14941000 | PA      | $13319770.62    | 0.06%             | 2044-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FEDEX CORPORATION                                                                | FEDEX CORP COMPANY GUAR 04/46 4.55                         | CUSIP: 31428XBG0<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     8300000 | PA      | $6770632.95     | 0.03%             | 2046-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FEDEX CORPORATION                                                                | FEDEX CORP COMPANY GUAR 08/42 3.875                        | CUSIP: 31428XAT3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |      765000 | PA      | $584213.01      | 0.00%             | 2042-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FEDEX CORPORATION                                                                | FEDEX CORP COMPANY GUAR 11/45 4.75                         | CUSIP: 31428XBE5<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     3250000 | PA      | $2759026.79     | 0.01%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FELLS POINT FUNDING TRUST                                                        | FELLS POINT FUNDING TR SR UNSECURED 144A 01/27 3.046       | CUSIP: 314382AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    20000000 | PA      | $18230329.40    | 0.08%             | 2027-01-31      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY PREFFERD STOCK                              | CUSIP: 61762V853<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |      618300 | NS      | $15612075.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC STRUCTURED P/T SECURITIES E3                                               | FHLMC STRUCTURED PASS THROUGH FSPC E3 A                    | CUSIP: 3133TCE95<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        2846 | PA      | $2753.46        | 0.00%             | 2032-08-15      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BUILDING SOCIETY                                                      | NATIONWIDE BLDG SOCIETY JR SUBORDINA REGS 06/49 VAR        | CUSIP: ACI07BWB4<br>LEI: 549300XFX12G42QIKN82 | Long             | EP               | CORP              | GB        |        9750 | NS      | $1476354.75     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FIBRA UNO (TRUST F/1401)                                                         | TRUST F/1401 SR UNSECURED 144A 01/44 6.95                  | CUSIP: 898324AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    20015000 | PA      | $17407045.50    | 0.07%             | 2044-01-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| FIBRA UNO (TRUST F/1401)                                                         | TRUST FIBRAUNO SR UNSECURED 144A 01/50 6.39                | CUSIP: 898339AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    23500000 | PA      | $19010740.01    | 0.08%             | 2050-01-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| FIBRA UNO (TRUST F/1401)                                                         | TRUST FIBRAUNO SR UNSECURED REGS 01/44 6.95                | CUSIP: P9406GAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     5255000 | PA      | $4570273.50     | 0.02%             | 2044-01-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES INC                                       | FIDELITY NATL INFO SERV COMPANY GUAR 07/52 5.625           | CUSIP: 31620MBZ8<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3690727.08     | 0.02%             | 2052-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES INC                                       | FIDELITY NATL INFO SERV SR UNSECURED 07/32 5.1             | CUSIP: 31620MBY1<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    12300000 | PA      | $11884407.48    | 0.05%             | 2032-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FINANCE AMERICA MTGE LOAN TRUST 2004-3                                           | FINANCE AMERICA MORTGAGE LOAN FINA 2004 3 M1               | CUSIP: 317350BT2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5659863 | PA      | $5392507.41     | 0.02%             | 2034-11-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION                                             | FIRST AMERICAN FINANCIAL SR UNSECURED 02/23 4.3            | CUSIP: 31847RAE2<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |    18250000 | PA      | $18231927.94    | 0.08%             | 2023-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION                                             | FIRST AMERICAN FINANCIAL SR UNSECURED 05/30 4              | CUSIP: 31847RAG7<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |     3300000 | PA      | $2771882.29     | 0.01%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FIRSTENERGY CORP SR UNSECURED 03/50 3.4                    | CUSIP: 337932AM9<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     8600000 | PA      | $5689545.00     | 0.02%             | 2050-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION LLC (AKA: ALLEGHENY ENERGY TRANSMISSION LLC)            | FIRSTENERGY TRANSMISSION SR UNSECURED 144A 01/25 4.35      | CUSIP: 33767BAB5<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |    10846000 | PA      | $10577310.85    | 0.04%             | 2025-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION LLC (AKA: ALLEGHENY ENERGY TRANSMISSION LLC)            | FIRSTENERGY TRANSMISSION SR UNSECURED 144A 04/49 4.55      | CUSIP: 33767BAC3<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     2969000 | PA      | $2416378.31     | 0.01%             | 2049-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION LLC (AKA: ALLEGHENY ENERGY TRANSMISSION LLC)            | FIRSTENERGY TRANSMISSION SR UNSECURED 144A 07/44 5.45      | CUSIP: 33767BAA7<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |    10100000 | PA      | $9448614.34     | 0.04%             | 2044-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION LLC (AKA: ALLEGHENY ENERGY TRANSMISSION LLC)            | FIRSTENERGY TRANSMISSION SR UNSECURED 144A 09/28 2.866     | CUSIP: 33767BAD1<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     2600000 | PA      | $2273458.75     | 0.01%             | 2028-09-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | FISERV INC SR UNSECURED 07/49 4.4                          | CUSIP: 337738AV0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $12242123.70    | 0.05%             | 2049-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FLEX INTERMEDIATE HOLDCO LLC                                                     | FLEX INTERMEDIATE HOLDCO SR SECURED 144A 06/31 3.363       | CUSIP: 33939HAA7<br>LEI: 549300290TQIGM30A243 | Long             | DBT              | CORP              | US        |     6400000 | PA      | $5010353.79     | 0.02%             | 2031-06-30      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| FLEX INTERMEDIATE HOLDCO LLC                                                     | FLEX INTERMEDIATE HOLDCO SR SECURED 144A 12/39 4.317       | CUSIP: 33939HAB5<br>LEI: 549300290TQIGM30A243 | Long             | DBT              | CORP              | US        |    55500000 | PA      | $40063639.04    | 0.17%             | 2039-12-30      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| FLEX LTD (AKA: FLEXTRONICS INTERNATIONAL LTD)                                    | FLEX LTD SR UNSECURED 02/26 3.75                           | CUSIP: 33938XAC9<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     2000000 | PA      | $1890871.44     | 0.01%             | 2026-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FLEX LTD (AKA: FLEXTRONICS INTERNATIONAL LTD)                                    | FLEX LTD SR UNSECURED 05/30 4.875                          | CUSIP: 33938XAB1<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    18200000 | PA      | $17138639.34    | 0.07%             | 2030-05-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FLORIDA HURRICANE CATASTROPHE FD FIN COR                                         | FLORIDA ST BRD OF ADMIN FIN CO FLSGEN 07/27 FIXED 1.705    | CUSIP: 341271AE4<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |     3100000 | PA      | $2701352.09     | 0.01%             | 2027-07-01      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| FLORIDA HURRICANE CATASTROPHE FD FIN COR                                         | FLORIDA ST BRD OF ADMIN FIN CO FLSGEN 07/30 FIXED 2.154    | CUSIP: 341271AF1<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |    11700000 | PA      | $9592983.27     | 0.04%             | 2030-07-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                                    | FLORIDA POWER + LIGHT CO 1ST MORTGAGE 10/44 4.05           | CUSIP: 341081FL6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     4200000 | PA      | $3576527.47     | 0.02%             | 2044-10-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                                    | FLORIDA POWER + LIGHT CO 1ST MORTGAGE 12/47 3.7            | CUSIP: 341081FP7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    18800000 | PA      | $15166851.68    | 0.06%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                                    | FLORIDA POWER + LIGHT CO 1ST MORTGAGE 12/51 2.875          | CUSIP: 341081GE1<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    13300000 | PA      | $8983571.85     | 0.04%             | 2051-12-04      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FMR LLC                                                                          | FMR LLC SR UNSECURED 144A 02/43 5.15                       | CUSIP: 30251BAE8<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |      250000 | PA      | $220646.32      | 0.00%             | 2043-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FMR LLC                                                                          | FMR LLC SR UNSECURED 144A 11/39 6.45                       | CUSIP: 30251BAB4<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |      500000 | PA      | $514355.71      | 0.00%             | 2039-11-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| FMR LLC                                                                          | FMR LLC SR UNSECURED REGS 02/43 5.15                       | CUSIP: U30310AE3<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |     1300000 | PA      | $1147360.86     | 0.00%             | 2043-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 250653 FN 08/26 FIXED 8.5                        | CUSIP: 31371FMA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         231 | PA      | $235.33         | 0.00%             | 2026-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 368032 FN 11/26 FIXED 7                          | CUSIP: 31376WY53<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        2340 | PA      | $2347.30        | 0.00%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 555198 FN 01/23 FIXED VAR                        | CUSIP: 31385WX38<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |           1 | PA      | $1.03           | 0.00%             | 2023-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 870700 FN 08/36 FIXED 6                          | CUSIP: 31409GKM7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        1965 | PA      | $1996.61        | 0.00%             | 2036-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL3000 FN 12/42 FIXED VAR                        | CUSIP: 3138EKKN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       33138 | PA      | $31039.45       | 0.00%             | 2042-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL9027 FN 09/46 FIXED VAR                        | CUSIP: 3138ERA59<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       58187 | PA      | $55177.25       | 0.00%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS5068 FN 06/45 FIXED 3.5                        | CUSIP: 3138WET25<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       13306 | PA      | $12396.35       | 0.00%             | 2045-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                                      | PIMCO PRV SHORT TERM FLT III MUTUAL FUND                   | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |       15826 | PA      | $153767.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AZ7108 FN 07/45 FIXED 3.5                        | CUSIP: 3138YY3S0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       13247 | PA      | $12316.18       | 0.00%             | 2045-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BD2450 FN 01/47 FIXED 3.5                        | CUSIP: 3140F9WL5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       16455 | PA      | $15304.14       | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BD3666 FN 07/46 FIXED 3.5                        | CUSIP: 3140FBCC2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     2665289 | PA      | $2476442.04     | 0.01%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BD6372 FN 09/46 FIXED 3.5                        | CUSIP: 3140FECJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     4605103 | PA      | $4279780.73     | 0.02%             | 2046-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR              | CUSIP: 693475BC8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    10000000 | NS      | $7930700.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR              | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    38300000 | NS      | $36173584.00    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR              | CUSIP: 693475BF1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |     8500000 | NS      | $8342920.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BM3688 FN 02/47 FIXED VAR                        | CUSIP: 3140J8C27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       18109 | PA      | $16844.59       | 0.00%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BN6230 FN 04/49 FIXED 3.5                        | CUSIP: 3140JN4Q0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      276038 | PA      | $254362.66      | 0.00%             | 2049-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CA4574 FN 08/49 FIXED 4                          | CUSIP: 3140QCCL8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      343568 | PA      | $326159.60      | 0.00%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM1269 FN 06/49 FIXED VAR                        | CUSIP: 3140X4MT0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       84532 | PA      | $80528.41       | 0.00%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA0533 FN 10/40 FIXED 4                          | CUSIP: 31417YSX6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      171454 | PA      | $164813.97      | 0.00%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA2864 FN 01/47 FIXED 3.5                        | CUSIP: 31418CFE9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       21967 | PA      | $20484.31       | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3238 FN 01/48 FIXED 3.5                        | CUSIP: 31418CS47<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       18711 | PA      | $17368.16       | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD HOLDINGS LLC                                                                | FORD HOLDINGS LLC COMPANY GUAR 03/30 9.3                   | CUSIP: 345277AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    14575000 | PA      | $16399425.63    | 0.07%             | 2030-03-01      | Fixed         | 9.30%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                    | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/24 5.584          | CUSIP: 345397ZQ9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    52500000 | PA      | $51925125.00    | 0.22%             | 2024-03-18      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIONS INC                                                   | FORTUNE BRANDS INNOVATIO SR UNSECURED 03/52 4.5            | CUSIP: 34964CAG1<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $4531190.52     | 0.02%             | 2052-03-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FRANKLIN RESOURCES INC                                                           | FRANKLIN RESOURCES INC SR UNSECURED 08/51 2.95             | CUSIP: 354613AM3<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |     2800000 | PA      | $1741602.27     | 0.01%             | 2051-08-12      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FRAPORT AG FRANKFURT AIRPORT SERVICES WORLDWIDE                                  | FRAPORT AG SR UNSECURED REGS 03/28 1.875                   | CUSIP: ACI1WRL13<br>LEI: 5299001ERX0K10IZUL40 | Long             | DBT              | CORP              | DE        |     3000000 | PA      | $2773423.31     | 0.01%             | 2028-03-31      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MILITARY HOUSING BONDS RESEC TRUST 2015-R1                           | FREDDIE MAC MILITARY HOUSING B FMMHR 2015 R1 A2 144A       | CUSIP: 35563CAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    18737883 | PA      | $17702396.16    | 0.07%             | 2052-10-25      | Variable      | 4.32%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                                                                    | SEMPRA ENERGY JR SUBORDINA 12/99 VAR                       | CUSIP: 816851BK4<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EP               | CORP              | US        |    28200000 | NS      | $26194416.00    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | FREEPORT MCMORAN INC COMPANY GUAR 11/34 5.4                | CUSIP: 35671DBJ3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     7400000 | PA      | $7001562.98     | 0.03%             | 2034-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MEDICAL CARE US FINANCE III INC                                        | FRESENIUS MED CARE III COMPANY GUAR 144A 12/31 3           | CUSIP: 35805BAE8<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |    27100000 | PA      | $20427891.11    | 0.09%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR CAPITAL CORP SR UNSECURED 10/28 3.125               | CUSIP: 302635AK3<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    17400000 | PA      | $14057130.62    | 0.06%             | 2028-10-12      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ CAPITAL SA                                                  | GAZPROM (GAZ CAPITAL SA) SR UNSECURED 144A 02/26 5.15      | CUSIP: ACI184XB6<br>LEI: 213800568PRHV2JR9650 | Long             | DBT              | CORP              | LU        |    24500000 | PA      | $18987500.00    | 0.08%             | 2026-02-11      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ CAPITAL SA                                                  | GAZPROM (GAZ CAPITAL SA) SR UNSECURED 144A 11/23 3.125     | CUSIP: ACI19RKR3<br>LEI: 213800568PRHV2JR9650 | Long             | DBT              | CORP              | LU        |     6900000 | PA      | $5283370.73     | 0.02%             | 2023-11-17      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ CAPITAL SA                                                  | GAZPROM (GAZ CAPITAL SA) SR UNSECURED REGS 11/23 3.125     | CUSIP: ACI0QVRD1<br>LEI: 213800568PRHV2JR9650 | Long             | DBT              | CORP              | LU        |     3800000 | PA      | $2909682.43     | 0.01%             | 2023-11-17      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ CAPITAL SA                                                  | GAZPROM (GAZ CAPITAL SA) SR UNSECURED REGS 11/24 2.25      | CUSIP: ACI0YYVB5<br>LEI: 213800568PRHV2JR9650 | Long             | DBT              | CORP              | LU        |     3900000 | PA      | $2735767.84     | 0.01%             | 2024-11-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ FINANCE PLC                                                 | GAZPROM PJSC (GAZ FN) SR UNSECURED 144A 01/29 2.95         | CUSIP: ACI1V9J90<br>LEI: 213800UNP9N6BPNYMQ45 | Long             | DBT              | CORP              | GB        |    21000000 | PA      | $14595000.00    | 0.06%             | 2029-01-27      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ FINANCE PLC                                                 | GAZPROM PJSC (GAZ FN) SR UNSECURED 144A 02/27 1.5          | CUSIP: ACI1VT7X6<br>LEI: 213800UNP9N6BPNYMQ45 | Long             | DBT              | CORP              | GB        |    24900000 | PA      | $18133180.24    | 0.08%             | 2027-02-17      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ FINANCE PLC                                                 | GAZPROM PJSC (GAZ FN) SR UNSECURED 144A 02/30 3.25         | CUSIP: ACI1K5SJ8<br>LEI: 213800UNP9N6BPNYMQ45 | Long             | DBT              | CORP              | GB        |    22500000 | PA      | $16038281.25    | 0.07%             | 2030-02-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ FINANCE PLC                                                 | GAZPROM PJSC (GAZ FN) SR UNSECURED REGS 01/29 2.95         | CUSIP: ACI1V9JH2<br>LEI: 213800UNP9N6BPNYMQ45 | Long             | DBT              | CORP              | GB        |    26900000 | PA      | $18695500.00    | 0.08%             | 2029-01-27      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL FUNDING LLC                                                           | GE CAPITAL FUNDING LLC COMPANY GUAR 05/32 4.55             | CUSIP: 36166NAK9<br>LEI: 549300XAGH9TOLX5XM67 | Long             | DBT              | CORP              | US        |     9751000 | PA      | $9284986.06     | 0.04%             | 2032-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER COMPANY                                                            | GEORGIA POWER CO SR UNSECURED 03/51 3.25                   | CUSIP: 373334KP5<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    25300000 | PA      | $17528187.12    | 0.07%             | 2051-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER COMPANY                                                            | GEORGIA POWER CO SR UNSECURED 05/52 5.125                  | CUSIP: 373334KR1<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    34800000 | PA      | $32822129.12    | 0.14%             | 2052-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER COMPANY                                                            | GEORGIA POWER CO SR UNSECURED 09/40 4.75                   | CUSIP: 373334JS1<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     1425000 | PA      | $1292601.98     | 0.01%             | 2040-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER COMPANY                                                            | GEORGIA POWER COMPANY SR UNSECURED 06/40 5.4               | CUSIP: 373334JR3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     9085000 | PA      | $8487419.32     | 0.04%             | 2040-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | GILEAD SCIENCES INC SR UNSECURED 03/46 4.75                | CUSIP: 375558BD4<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $2262460.25     | 0.01%             | 2046-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | GILEAD SCIENCES INC SR UNSECURED 04/44 4.8                 | CUSIP: 375558AX1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |      325000 | PA      | $299625.83      | 0.00%             | 2044-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GLENCORE FINANCE (CANADA) LIMITED                                                | GLENCORE FINANCE CANADA COMPANY GUAR 144A 10/42 5.3        | CUSIP: 98417EAR1<br>LEI: 5493005TTO0UJ33KCK70 | Long             | DBT              | CORP              | CA        |     8730000 | PA      | $7880628.71     | 0.03%             | 2042-10-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| GLENCORE FINANCE (CANADA) LIMITED                                                | GLENCORE FINANCE CANADA COMPANY GUAR REGS 11/37 6.9        | CUSIP: C98874AE7<br>LEI: 5493005TTO0UJ33KCK70 | Long             | DBT              | CORP              | CA        |      100000 | PA      | $105667.46      | 0.00%             | 2037-11-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| GLENCORE FINANCE (EUROPE) LIMITED                                                | GLENCORE FINANCE EUROPE COMPANY GUAR REGS 03/26 3.125      | CUSIP: BJVNZWII7<br>LEI: 213800WHKNIC1JQQG433 | Long             | DBT              | CORP              | JE        |      500000 | PA      | $559839.06      | 0.00%             | 2026-03-26      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | GLOBAL PAYMENTS INC SR UNSECURED 08/29 3.2                 | CUSIP: 37940XAB8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     4586000 | PA      | $3907752.75     | 0.02%             | 2029-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | GLOBAL PAYMENTS INC SR UNSECURED 08/49 4.15                | CUSIP: 37940XAC6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     4400000 | PA      | $3148880.20     | 0.01%             | 2049-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | GLOBAL PAYMENTS INC SR UNSECURED 08/52 5.95                | CUSIP: 37940XAR3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    17885000 | PA      | $16259668.97    | 0.07%             | 2052-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                                                   | GLOBE LIFE INC SR UNSECURED 08/30 2.15                     | CUSIP: 37959EAA0<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |      700000 | PA      | $556091.50      | 0.00%             | 2030-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II COMPANY GUAR 01/29 5.3             | CUSIP: 361841AL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    28800000 | PA      | $27305712.00    | 0.12%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II COMPANY GUAR 01/30 4               | CUSIP: 361841AP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    13040000 | PA      | $11443761.60    | 0.05%             | 2030-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II COMPANY GUAR 01/31 4               | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3100000 | PA      | $2664682.50     | 0.01%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II COMPANY GUAR 01/32 3.25            | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2300000 | PA      | $1841908.54     | 0.01%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                            | GLP CAPITAL LP / FIN II COMPANY GUAR 06/28 5.75            | CUSIP: 361841AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1166000 | PA      | $1148509.48     | 0.00%             | 2028-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GNL QUINTERO SA                                                                  | GNL QUINTERO SA SR UNSECURED REGS 07/29 4.634              | CUSIP: P4909LAA8<br>LEI: 549300JJJIQXE6E1QY27 | Long             | DBT              | CORP              | CL        |     4118000 | PA      | $3983515.76     | 0.02%             | 2029-07-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                                                         | STATE STREET CORP JR SUBORDINA 12/99 VAR                   | CUSIP: 857477BA0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |     4500000 | NS      | $4181895.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                                                         | STATE STREET CORP PREFERRED STOCK VAR                      | CUSIP: 857477608<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |       52750 | NS      | $1271275.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB FINANCIAL GROUP JR SUBORDINA 12/99 VAR                 | CUSIP: 78486QAG6<br>LEI: 549300D2KJ20JMXE7542 | Long             | EP               | CORP              | US        |    12900000 | NS      | $7511928.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA POOL 434863 GN 09/30 FIXED 8.5                        | CUSIP: 36207LB80<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        3171 | PA      | $3170.14        | 0.00%             | 2030-09-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA POOL 621024 GN 09/33 FIXED 4.5                        | CUSIP: 36290X4H0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        6065 | PA      | $5969.90        | 0.00%             | 2033-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/31 FIXED 1.85     | CUSIP: 38122ND74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      470000 | PA      | $463456.14      | 0.00%             | 2031-06-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/41 FIXED 3.714    | CUSIP: 38122ND58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    13800000 | PA      | $10370799.36    | 0.04%             | 2041-06-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/46 FIXED 3        | CUSIP: 38122NB76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      975000 | PA      | $903370.94      | 0.00%             | 2046-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 02/33 VAR             | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     1700000 | PA      | $1384787.68     | 0.01%             | 2033-02-24      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 02/41 6.25            | CUSIP: 38141GGM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    12925000 | PA      | $13551395.00    | 0.06%             | 2041-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 02/43 VAR             | CUSIP: 38141GZN7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    14100000 | PA      | $10416064.66    | 0.04%             | 2043-02-24      | Floating      | 3.44%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 04/32 VAR             | CUSIP: 38141GYB4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3199560.08     | 0.01%             | 2032-04-22      | Floating      | 2.62%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 04/39 VAR             | CUSIP: 38141GXA7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     2100000 | PA      | $1822536.32     | 0.01%             | 2039-04-23      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 06/28 VAR             | CUSIP: 38141GWL4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    22244000 | PA      | $20702093.30    | 0.09%             | 2028-06-05      | Floating      | 3.69%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 10/38 VAR             | CUSIP: 38148YAA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      100000 | PA      | $82580.67       | 0.00%             | 2038-10-31      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SUBORDINATED 10/37 6.75            | CUSIP: 38141GFD1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   102500000 | PA      | $109802805.20   | 0.47%             | 2037-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC INC                                                            | GOLUB CAPITAL BDC SR UNSECURED 02/27 2.05                  | CUSIP: 38173MAC6<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    21800000 | PA      | $17754721.15    | 0.08%             | 2027-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| GOODMAN US FINANCE FIVE LLC                                                      | GOODMAN US FIN FIVE LLC COMPANY GUAR 144A 05/32 4.625      | CUSIP: 38239PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    21100000 | PA      | $19295661.56    | 0.08%             | 2032-05-04      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GOODMAN US FINANCE THREE LLC                                                     | GOODMAN US FIN FOUR COMPANY GUAR 144A 10/37 4.5            | CUSIP: 38239KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    21200000 | PA      | $17833113.52    | 0.08%             | 2037-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOODMAN US FINANCE THREE LLC                                                     | GOODMAN US FIN THREE COMPANY GUAR 144A 03/28 3.7           | CUSIP: 38239JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    21450000 | PA      | $19393016.00    | 0.08%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORPORATION                                                     | TRUIST FINANCIAL CORP JR SUBORDINA 12/99 VAR               | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |    17734000 | NS      | $16508403.26    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO DELAWARE FINANCE LP                                            | GREAT WEST LIFECO FINANC COMPANY GUAR 144A 06/47 4.15      | CUSIP: 391382AB4<br>LEI: 549300604SRFDFB35F35 | Long             | DBT              | CORP              | US        |     3200000 | PA      | $2482396.29     | 0.01%             | 2047-06-03      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE CAPITAL US LLC                                           | GSK CONSUMER HEALTHCARE COMPANY GUAR 03/32 3.625           | CUSIP: 36264FAM3<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |     6700000 | PA      | $5900512.72     | 0.02%             | 2032-03-24      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE CAPITAL US LLC                                           | GSK CONSUMER HEALTHCARE COMPANY GUAR 03/52 4               | CUSIP: 36264FAN1<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |     4900000 | PA      | $3846301.70     | 0.02%             | 2052-03-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GTL TRADE FINANCE INC                                                            | GTL TRADE FINANCE INC COMPANY GUAR REGS 04/44 7.25         | CUSIP: 000000000<br>LEI: 549300PSJEHGXCQ8J374 | Long             | DBT              | CORP              | VG        |     5200000 | PA      | $5904623.19     | 0.03%             | 2044-04-16      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE INSURANCE COMPANY OF AMERICA                                       | GUARDIAN LIFE INSURANCE SUBORDINATED 144A 01/77 4.85       | CUSIP: 401378AC8<br>LEI: N1YIDVMMKBHFYCCAIX69 | Long             | DBT              | CORP              | US        |     7903000 | PA      | $6495604.36     | 0.03%             | 2077-01-24      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| HALLIBURTON COMPANY                                                              | HALLIBURTON CO SR UNSECURED 09/39 7.45                     | CUSIP: 406216AY7<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    12739000 | PA      | $14424609.19    | 0.06%             | 2039-09-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US BANCORP JR SUBORDINA 12/99 VAR                          | CUSIP: 902973AZ9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |    20300000 | NS      | $17713374.00    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HANOVER INSURANCE GROUP INC (AKA: ALLMERICA FINANCIAL CORP)                      | HANOVER INSURANCE GROUP SR UNSECURED 04/26 4.5             | CUSIP: 410867AF2<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |     6600000 | PA      | $6465725.31     | 0.03%             | 2026-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINANCIAL SERVICES GROUP INC/THE                                        | HARTFORD FINL SVCS GRP JR SUBORDINA 144A 02/67 VAR         | CUSIP: 416515BC7<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     3600000 | PA      | $3022668.00     | 0.01%             | 2067-02-12      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC 2021 TERM LOAN B14                                 | CUSIP: 404122BH5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | LON              | CORP              | US        |    16745000 | PA      | $16755465.65    | 0.07%             | 2028-06-30      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 02/27 4.5                             | CUSIP: 404119BU2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     8800000 | PA      | $8494330.24     | 0.04%             | 2027-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 06/47 5.5                             | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    26202000 | PA      | $23393973.58    | 0.10%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 06/49 5.25                            | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $8564128.50     | 0.04%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 07/51 3.5                             | CUSIP: 404119CB3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    15500000 | PA      | $10006960.27    | 0.04%             | 2051-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 144A 03/32 3.625                      | CUSIP: 404119CF4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    18500000 | PA      | $15703249.55    | 0.07%             | 2032-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 144A 03/52 4.625                      | CUSIP: 404119CG2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    38800000 | PA      | $30376806.34    | 0.13%             | 2052-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES INC                                                        | HEALTHPEAK PROPERTIES SR UNSECURED 02/41 6.75              | CUSIP: 40414LAE9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |     3500000 | PA      | $3615110.10     | 0.02%             | 2041-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HEINEKEN NV                                                                      | HEINEKEN NV SR UNSECURED 144A 03/47 4.35                   | CUSIP: 423012AG8<br>LEI: 724500K5PTPSST86UQ23 | Long             | DBT              | CORP              | NL        |    12200000 | PA      | $9853327.32     | 0.04%             | 2047-03-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                                                            | HELMERICH + PAYNE INC SR UNSECURED 09/31 2.9               | CUSIP: 423452AG6<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |    15300000 | PA      | $12456579.76    | 0.05%             | 2031-09-29      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| HIGH STREET FUNDING TRUST II                                                     | HIGH STREET FDG TRUST II SR UNSECURED 144A 02/48 4.682     | CUSIP: 42981DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8800000 | PA      | $7125251.06     | 0.03%             | 2048-02-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                                              | HIGHWOODS REALTY LP SR UNSECURED 02/31 2.6                 | CUSIP: 431282AT9<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |     2700000 | PA      | $2024202.53     | 0.01%             | 2031-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                                              | HIGHWOODS REALTY LP SR UNSECURED 04/29 4.2                 | CUSIP: 431282AR3<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |     2198000 | PA      | $1920203.57     | 0.01%             | 2029-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HILL CITY FUNDING TRUST                                                          | HILL CITY FUNDING TRUST SR UNSECURED 144A 08/41 4.046      | CUSIP: 43137PAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    15000000 | PA      | $10378859.70    | 0.04%             | 2041-08-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| HOAG MEMORIAL HOSPITAL PRESBYTERIAN                                              | HOAG MEMORIAL HOSPITAL UNSECURED 07/52 3.803               | CUSIP: 43371HAA1<br>LEI: FZFVQHQN7LISVXIZDB30 | Long             | DBT              | CORP              | US        |    28000000 | PA      | $21942572.12    | 0.09%             | 2052-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HOLCIM FINANCE US LLC                                                            | HOLCIM FINANCE US LLC COMPANY GUAR 144A 09/46 4.75         | CUSIP: 50587KAB7<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |     2400000 | PA      | $1963553.93     | 0.01%             | 2046-09-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HOLCIM STERLING FINANCE (NETHERLANDS) BV                                         | HOLCIM STERLING FINANCE COMPANY GUAR REGS 04/34 2.25       | CUSIP: ACI20SWZ7<br>LEI: 529900KU5LFL22MEGK07 | Long             | DBT              | CORP              | NL        |     5200000 | PA      | $4317243.98     | 0.02%             | 2034-04-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | HOME DEPOT INC SR UNSECURED 03/45 4.4                      | CUSIP: 437076BF8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     9350000 | PA      | $8401229.41     | 0.04%             | 2045-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HOMEBANC MORTGAGE TRUST 2005-3                                                   | HOMEBANC MORTGAGE TRUST HMBT 2005 3 M1                     | CUSIP: 43739EBL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1151443 | PA      | $1147442.57     | 0.00%             | 2035-07-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| HSBC BANK CAPITAL FUNDING (STERLING 1) LP                                        | HSBC BNK CAO FND STER 1 COMPANY GUAR REGS 11/49 VAR        | CUSIP: 770567II8<br>LEI: 2138007XGRZME1ZCTY76 | Long             | DBT              | CORP              | JE        |     8956000 | PA      | $11080717.25    | 0.05%             | 2031-11-05      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| HSBC BANK USA NA                                                                 | HSBC BANK USA NA SUBORDINATED 01/39 7                      | CUSIP: 4042Q1AD9<br>LEI: 1IE8VN30JCEQV1H4R804 | Long             | DBT              | CORP              | US        |    11450000 | PA      | $12388580.66    | 0.05%             | 2039-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HSBC CAPITAL FUNDING (DOLLAR 1) LP                                               | HSBC CAPITAL FUNDING USD COMPANY GUAR REGS 12/49 VAR       | CUSIP: G4637HAB4<br>LEI: 213800HMY2DB765NHE46 | Long             | DBT              | CORP              | JE        |     2200000 | PA      | $2650990.94     | 0.01%             | 2030-06-30      | Floating      | 10.18%                | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR                   | CUSIP: 404280BP3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    86300000 | PA      | $79648025.34    | 0.34%             | 2028-03-23      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR                   | CUSIP: 404280CN7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     3200000 | PA      | $2497546.98     | 0.01%             | 2030-12-17      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR                   | CUSIP: 404280CQ0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     7600000 | PA      | $6041184.06     | 0.03%             | 2031-03-09      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR                   | CUSIP: BFM4XMII1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    26400000 | PA      | $28551221.28    | 0.12%             | 2026-09-28      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 01/42 6.1                   | CUSIP: 404280AM1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    10850000 | PA      | $11365268.45    | 0.05%             | 2042-01-14      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 03/25 VAR                   | CUSIP: 404280BZ1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     9957000 | PA      | $9684069.37     | 0.04%             | 2025-03-11      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 03/26 4.3                   | CUSIP: 404280AW9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    21131000 | PA      | $20463741.13    | 0.09%             | 2026-03-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 03/30 4.95                  | CUSIP: 404280CF4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | ZA        |     4600000 | PA      | $4397982.44     | 0.02%             | 2030-03-31      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 05/26 3.9                   | CUSIP: 404280BB4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     4500000 | PA      | $4291459.11     | 0.02%             | 2026-05-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 05/30 VAR                   | CUSIP: 404280CC1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     4000000 | PA      | $3509141.80     | 0.01%             | 2030-05-22      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 05/32 VAR                   | CUSIP: 404280CT4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    78700000 | PA      | $61070323.28    | 0.26%             | 2032-05-24      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 06/29 VAR                   | CUSIP: 404280BT5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     7050000 | PA      | $6503202.42     | 0.03%             | 2029-06-19      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 06/31 VAR                   | CUSIP: 404280CH0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     6800000 | PA      | $5441718.56     | 0.02%             | 2031-06-04      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 08/31 VAR                   | CUSIP: 404280CK3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     4600000 | PA      | $3524669.59     | 0.01%             | 2031-08-18      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 08/33 VAR                   | CUSIP: 404280DH9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     8100000 | PA      | $7523662.24     | 0.03%             | 2033-08-11      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SUBORDINATED 05/32 7.625                 | CUSIP: 404280DK2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    11547000 | PA      | $11809705.45    | 0.05%             | 2032-05-17      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SUBORDINATED 06/38 6.8                   | CUSIP: 404280DN6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     4300000 | PA      | $4284617.31     | 0.02%             | 2038-06-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SUBORDINATED 09/37 6.5                   | CUSIP: 404280DM8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    18115000 | PA      | $17495957.37    | 0.07%             | 2037-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SUBORDINATED REGS 04/38 7                | CUSIP: B2QP0KII9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     1900000 | PA      | $2342436.87     | 0.01%             | 2038-04-07      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIES LP                                                     | HUDSON PACIFIC PROPERTIE COMPANY GUAR 01/30 3.25           | CUSIP: 44409MAC0<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |     7600000 | PA      | $5775566.88     | 0.02%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIES LP                                                     | HUDSON PACIFIC PROPERTIE COMPANY GUAR 04/29 4.65           | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |     7537000 | PA      | $6453290.27     | 0.03%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIES LP                                                     | HUDSON PACIFIC PROPERTIE COMPANY GUAR 11/27 3.95           | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |     5600000 | PA      | $4772898.54     | 0.02%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | HUMANA INC SR UNSECURED 06/38 8.15                         | CUSIP: 444859AZ5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1167492.15     | 0.00%             | 2038-06-15      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | HUMANA INC SR UNSECURED 08/49 3.95                         | CUSIP: 444859BL5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    11800000 | PA      | $9328015.29     | 0.04%             | 2049-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL LLC                                                       | HUNTSMAN INTERNATIONAL L SR UNSECURED 05/29 4.5            | CUSIP: 44701QBE1<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3600357.24     | 0.02%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORPORATION                                                         | HYATT HOTELS CORP SR UNSECURED 04/30 6                     | CUSIP: 448579AJ1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     5850000 | PA      | $5736153.91     | 0.02%             | 2030-04-23      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORPORATION                                                         | HYATT HOTELS CORP SR UNSECURED 09/28 4.375                 | CUSIP: 448579AG7<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     1100000 | PA      | $1008510.91     | 0.00%             | 2028-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 06/28 2          | CUSIP: 44891ABX4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $12243786.75    | 0.05%             | 2028-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| IDAHO POWER COMPANY                                                              | IDAHO POWER CO 1ST MORTGAGE 08/40 4.85                     | CUSIP: 45138LAY9<br>LEI: TN0LL73P2C8X3W6KM391 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $7154026.16     | 0.03%             | 2040-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ILLINOIS MUNICIPAL ELECTRIC AGENCY                                               | ILLINOIS ST MUNI ELEC AGY PWR ILSPWR 02/35 FIXED 6.832     | CUSIP: 452024GT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     2800000 | PA      | $3045007.56     | 0.01%             | 2035-02-01      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY JR SUBORDINA 12/49 VAR               | CUSIP: 949746RG8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    80479000 | NS      | $73072517.63    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FINANCE PLC (AKA: IMPERIAL TOBACCO FINANCE PLC)                  | IMPERIAL BRANDS FIN PLC COMPANY GUAR 144A 07/25 4.25       | CUSIP: 453140AF2<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    19615000 | PA      | $18751068.70    | 0.08%             | 2025-07-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FINANCE PLC (AKA: IMPERIAL TOBACCO FINANCE PLC)                  | IMPERIAL BRANDS FIN PLC COMPANY GUAR 144A 07/26 3.5        | CUSIP: 45262BAB9<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |     7800000 | PA      | $7163488.10     | 0.03%             | 2026-07-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FINANCE PLC (AKA: IMPERIAL TOBACCO FINANCE PLC)                  | IMPERIAL BRANDS FIN PLC COMPANY GUAR 144A 07/27 6.125      | CUSIP: 45262BAF0<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    13000000 | PA      | $12958371.27    | 0.05%             | 2027-07-27      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR               | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    43674000 | NS      | $38351886.36    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FINANCE PLC (AKA: IMPERIAL TOBACCO FINANCE PLC)                  | IMPERIAL BRANDS FIN PLC COMPANY GUAR 144A 07/29 3.875      | CUSIP: 45262BAC7<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |     6900000 | PA      | $5915594.32     | 0.03%             | 2029-07-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH REVENUE INSFIN 02/39 FIXED 6.596       | CUSIP: 455057SV2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     1750000 | PA      | $2043415.85     | 0.01%             | 2039-02-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY PREFERRED STOCK 7.5                  | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |       20200 | NS      | $23937000.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INDIANA MICHIGAN POWER COMPANY                                                   | INDIANA MICHIGAN POWER SR UNSECURED 03/46 4.55             | CUSIP: 454889AQ9<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |      500000 | PA      | $420495.19      | 0.00%             | 2046-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER COMPANY                                                   | INDIANA MICHIGAN POWER SR UNSECURED 05/51 3.25             | CUSIP: 454889AU0<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |    14800000 | PA      | $10139347.54    | 0.04%             | 2051-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER COMPANY                                                   | INDIANA MICHIGAN POWER SR UNSECURED 08/48 4.25             | CUSIP: 454889AT3<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4080786.10     | 0.02%             | 2048-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS POWER & LIGHT COMPANY                                               | INDIANAPOLIS PWR + LIGHT 1ST MORTGAGE 144A 12/32 5.65      | CUSIP: 455434BV1<br>LEI: 2T85JNP2R2B2GTSFND21 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $15431669.40    | 0.07%             | 2032-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR                | CUSIP: 060505FL3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |   131854000 | NS      | $116925490.12   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR                | CUSIP: 060505FP4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    19798000 | NS      | $18486382.50    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR                | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    36800000 | NS      | $36024992.00    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV JR SUBORDINA VAR                              | CUSIP: 456837AR4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     5600000 | PA      | $4974031.89     | 0.02%             | 2026-11-16      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV SR UNSECURED 04/32 VAR                        | CUSIP: 456837AW3<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     7500000 | PA      | $5993197.65     | 0.03%             | 2032-04-01      | Floating      | 2.73%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV SR UNSECURED 144A 01/26 4.625                 | CUSIP: 45685NAA4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |      400000 | PA      | $391070.96      | 0.00%             | 2026-01-06      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| INTEGRIS BAPTIST MEDICAL CENTER                                                  | INTEGRIS BAPTIST MEDICAL SR SECURED 08/50 3.875            | CUSIP: 45834QAA7<br>LEI: 549300S00ZKDLJSB3927 | Long             | DBT              | CORP              | US        |    10800000 | PA      | $7853591.74     | 0.03%             | 2050-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                                                    | INTERCONTINENTALEXCHANGE SR UNSECURED 03/33 4.6            | CUSIP: 45866FAW4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    28200000 | PA      | $27017263.80    | 0.11%             | 2033-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                                                    | INTERCONTINENTALEXCHANGE SR UNSECURED 06/52 4.95           | CUSIP: 45866FAX2<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     1600000 | PA      | $1490660.00     | 0.01%             | 2052-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                                                    | INTERCONTINENTALEXCHANGE SR UNSECURED 09/48 4.25           | CUSIP: 45866FAH7<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1510462.80     | 0.01%             | 2048-09-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                                                    | INTERCONTINENTALEXCHANGE SR UNSECURED 09/60 3              | CUSIP: 45866FAQ7<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     9146000 | PA      | $5771459.83     | 0.02%             | 2060-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL FLAVORS & FRAGRANCES INC                                           | INTL FLAVOR + FRAGRANCES SR UNSECURED 144A 11/30 2.3       | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     9000000 | PA      | $7161002.91     | 0.03%             | 2030-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER AND LIGHT COMPANY                                               | INTERSTATE POWER + LIGHT SR UNSECURED 07/39 6.25           | CUSIP: 461070AG9<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5160481.10     | 0.02%             | 2039-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | INTESA SANPAOLO SPA SR UNSECURED 144A 09/29 4              | CUSIP: 46115HBL0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     8000000 | PA      | $6860695.36     | 0.03%             | 2029-09-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                        | INVITATION HOMES OP COMPANY GUAR 01/34 2.7                 | CUSIP: 46188BAC6<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |     6600000 | PA      | $4831746.35     | 0.02%             | 2034-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                        | INVITATION HOMES OP COMPANY GUAR 04/32 4.15                | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    14500000 | PA      | $12725384.59    | 0.05%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                        | INVITATION HOMES OP COMPANY GUAR 08/31 2                   | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |     3200000 | PA      | $2372300.19     | 0.01%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| IPALCO ENTERPRISES INC                                                           | IPALCO ENTERPRISES INC SR SECURED 05/30 4.25               | CUSIP: 462613AP5<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |    14524000 | PA      | $12936819.89    | 0.05%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| IRVINE RANCH WATER DISTRICT                                                      | IRVINE RANCH CA WTR DIST IVRWTR 05/40 FIXED 6.622          | CUSIP: 4636324P1<br>LEI: 2ZRS7W19IBMY48SFBI68 | Long             | DBT              | MUN               | US        |    10000000 | PA      | $11195912.00    | 0.05%             | 2040-05-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                                      | STATE OF ISRAEL SR UNSECURED 01/48 4.125                   | CUSIP: 46513YJJ8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    13300000 | PA      | $11695022.50    | 0.05%             | 2048-01-17      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                                      | STATE OF ISRAEL SR UNSECURED 07/50 3.875                   | CUSIP: 46513JB42<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    18000000 | PA      | $15212502.00    | 0.06%             | 2050-07-03      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                                      | STATE OF ISRAEL SR UNSECURED 12/99 4.5                     | CUSIP: 46513JB59<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     4600000 | PA      | $4058488.00     | 0.02%             | 2099-12-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                                      | STATE OF ISRAEL SR UNSECURED REGS 05/60 3.8                | CUSIP: ACI1M29S4<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     2100000 | PA      | $1651771.80     | 0.01%             | 2060-05-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JAB HOLDINGS BV                                                                  | JAB HOLDINGS BV COMPANY GUAR 144A 05/51 3.75               | CUSIP: 46653KAB4<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |     1500000 | PA      | $886608.48      | 0.00%             | 2051-05-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JAB HOLDINGS BV                                                                  | JAB HOLDINGS BV COMPANY GUAR 144A 11/30 2.2                | CUSIP: 46653KAA6<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |     4700000 | PA      | $3534831.13     | 0.01%             | 2030-11-23      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| JAB HOLDINGS BV                                                                  | JAB HOLDINGS BV SR UNSECURED 144A 04/52 4.5                | CUSIP: 46653KAC2<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |    56750000 | PA      | $38710126.70    | 0.16%             | 2052-04-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC                                                    | JEFFERIES FIN GROUP INC SR UNSECURED 01/43 6.5             | CUSIP: 472319AM4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    22200000 | PA      | $21730922.66    | 0.09%             | 2043-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL POWER & LIGHT COMPANY                                             | JERSEY CENTRAL PWR + LT SR UNSECURED 06/37 6.15            | CUSIP: 476556CX1<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |     8562000 | PA      | $8403419.26     | 0.04%             | 2037-06-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| 1166 AVENUE OF THE AMERICAS COMMERCIAL MORTGAGE TRUST 2005-C6A                   | 1166 AVENUE OF THE AMERICAS CO AACMT 2005 C6A D 144A       | CUSIP: 682439AL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2200000 | PA      | $1987909.66     | 0.01%             | 2037-10-13      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL POWER & LIGHT COMPANY                                             | JERSEY CENTRAL PWR + LT SR UNSECURED 144A 03/32 2.75       | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $4861030.68     | 0.02%             | 2032-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA PASS THROUGH TRUST                                       | JETBLUE 2019 1 CLASS AA PASS THRU CE 11/33 2.75            | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1731757 | PA      | $1425418.13     | 0.01%             | 2033-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| 1166 AVENUE OF THE AMERICAS COMMERCIAL MORTGAGE TRUST 2005-C6A                   | 1166 AVENUE OF THE AMERICAS CO AACMT 2005 C6A F 144A       | CUSIP: 682439AQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1600000 | PA      | $1363124.32     | 0.01%             | 2037-10-13      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2020-1 CLASS A PASS THROUGH TRUST                                        | JETBLUE AIRWAYS CORP PASS THRU CE 05/34 4                  | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11733201 | PA      | $10463395.54    | 0.04%             | 2034-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 1166 AVENUE OF THE AMERICAS COMMERCIAL MORTGAGE TRUST 2005-C6A                   | 1166 AVENUE OF THE AMERICAS CO AACMT 2005 C6A G 144A       | CUSIP: 682439AS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5320000 | PA      | $4483506.61     | 0.02%             | 2037-10-13      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| 1166 AVENUE OF THE AMERICAS COMMERCIAL MORTGAGE TRUST 2005-C6A                   | 1166 AVENUE OF THE AMERICAS CO AACMT 2005 C6A H 144A       | CUSIP: 682439AU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    11100000 | PA      | $9135855.00     | 0.04%             | 2037-10-13      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 01/29 VAR                 | CUSIP: 46647PAM8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    23200000 | PA      | $21094530.40    | 0.09%             | 2029-01-23      | Floating      | 3.51%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 01/33 VAR                 | CUSIP: 46647PCU8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    31000000 | PA      | $25311741.18    | 0.11%             | 2033-01-25      | Floating      | 2.96%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 01/49 VAR                 | CUSIP: 46647PAN6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     4720000 | PA      | $3638226.36     | 0.02%             | 2049-01-23      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 04/29 VAR                 | CUSIP: 46647PAR7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $13904175.60    | 0.06%             | 2029-04-23      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 04/33 VAR                 | CUSIP: 46647PDC7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    23000000 | PA      | $21358461.02    | 0.09%             | 2033-04-26      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 05/30 VAR                 | CUSIP: 46647PBD7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4494850.95     | 0.02%             | 2030-05-06      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 07/41 5.6                 | CUSIP: 46625HJB7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    13220000 | PA      | $13278367.23    | 0.06%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 10/30 VAR                 | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     6375000 | PA      | $5359595.23     | 0.02%             | 2030-10-15      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 11/32 VAR                 | CUSIP: 46647PCR5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    12500000 | PA      | $9911911.13     | 0.04%             | 2032-11-08      | Floating      | 2.54%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-WPT                    | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 WPT AFX 144A     | CUSIP: 46645WAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6100000 | PA      | $5707133.77     | 0.02%             | 2033-07-05      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MTGGE ACQUIS CORP 2005-OPT2                                            | JP MORGAN MORTGAGE ACQUISITION JPMAC 2005 OPT2 M3          | CUSIP: 46626LEN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1335040 | PA      | $1323334.09     | 0.01%             | 2035-12-25      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                     | 7 ELEVEN INC SR UNSECURED 144A 02/41 2.5                   | CUSIP: 817826AF7<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |     4470000 | PA      | $2966062.15     | 0.01%             | 2041-02-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                                                             | JUNIPER NETWORKS INC SR UNSECURED 03/41 5.95               | CUSIP: 48203RAD6<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |    42478000 | PA      | $39768012.34    | 0.17%             | 2041-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                     | 7 ELEVEN INC SR UNSECURED 144A 02/51 2.8                   | CUSIP: 817826AG5<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |    23200000 | PA      | $14302527.86    | 0.06%             | 2051-02-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP (BNY MELLON)                                        | BANK OF NY MELLON CORP JR SUBORDINA 12/99 VAR              | CUSIP: 064058AH3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |     3700000 | NS      | $3558031.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| KAISER FOUNDATION HOSPITALS                                                      | KAISER FOUNDATION HOSPIT COMPANY GUAR 05/47 4.15           | CUSIP: 48305QAD5<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    14300000 | PA      | $12187988.81    | 0.05%             | 2047-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN/OLD                                                         | KANSAS CITY SOUTHERN COMPANY GUAR 05/43 4.3                | CUSIP: 485170AQ7<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4134539.55     | 0.02%             | 2043-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN/OLD                                                         | KANSAS CITY SOUTHERN COMPANY GUAR 05/48 4.7                | CUSIP: 485170BB9<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |    17700000 | PA      | $15336066.06    | 0.06%             | 2048-05-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN/OLD                                                         | KANSAS CITY SOUTHERN COMPANY GUAR 05/50 3.5                | CUSIP: 485170BE3<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |     2300000 | PA      | $1647929.00     | 0.01%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN/OLD                                                         | KANSAS CITY SOUTHERN COMPANY GUAR 08/45 4.95               | CUSIP: 485170AS3<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |    24795000 | PA      | $22399866.48    | 0.09%             | 2045-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| KDAC AIRCRAFT FINANCE LTD 2017-1A                                                | KDAC AVIATION FINANCE LIMITED KDAC 2017 1A A 144A          | CUSIP: 48244XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     5058695 | PA      | $3895296.45     | 0.02%             | 2042-12-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| KENTUCKY UTILITIE CO.                                                            | KENTUCKY UTILITIES CO 1ST MORTGAGE 06/50 3.3               | CUSIP: 491674BM8<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |     4910000 | PA      | $3473051.87     | 0.01%             | 2050-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| KENTUCKY UTILITIE CO.                                                            | KENTUCKY UTILITIES CO 1ST MORTGAGE 10/45 4.375             | CUSIP: 491674BL0<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $6040314.63     | 0.03%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KENTUCKY UTILITIE CO.                                                            | KENTUCKY UTILITIES CO 1ST MORTGAGE 11/40 5.125             | CUSIP: 491674BG1<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |    14500000 | PA      | $13793049.75    | 0.06%             | 2040-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | KEURIG DR PEPPER INC COMPANY GUAR 04/52 4.5                | CUSIP: 49271VAR1<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    60000000 | PA      | $50306185.20    | 0.21%             | 2052-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KEYSPAN GAS EAST CORPORATION                                                     | KEYSPAN GAS EAST CORP SR UNSECURED 144A 01/52 3.586        | CUSIP: 49338CAC7<br>LEI: K8TS3HOE1568DUBUJL44 | Long             | DBT              | CORP              | US        |    14200000 | PA      | $9468492.55     | 0.04%             | 2052-01-18      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | KILROY REALTY LP COMPANY GUAR 02/30 3.05                   | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1203196.91     | 0.01%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | KILROY REALTY LP COMPANY GUAR 08/29 4.25                   | CUSIP: 49427RAK8<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    12400000 | PA      | $10884278.06    | 0.05%             | 2029-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | KILROY REALTY LP COMPANY GUAR 11/33 2.65                   | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    15200000 | PA      | $10585141.68    | 0.04%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | KILROY REALTY LP COMPANY GUAR 12/28 4.75                   | CUSIP: 49427RAN2<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1818473.60     | 0.01%             | 2028-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 01/38 6.95            | CUSIP: 494550AW6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |      800000 | PA      | $849751.78      | 0.00%             | 2038-01-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 02/37 6.5             | CUSIP: 494550AV8<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    12219000 | PA      | $12366494.33    | 0.05%             | 2037-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 03/31 7.4             | CUSIP: 494550AJ5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $5424769.40     | 0.02%             | 2031-03-15      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 03/35 5.8             | CUSIP: 494550AT3<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    10942000 | PA      | $10733476.66    | 0.05%             | 2035-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 03/41 6.375           | CUSIP: 494550BH8<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    10715000 | PA      | $10645852.68    | 0.05%             | 2041-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 03/43 5               | CUSIP: 494550BP0<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    33335000 | PA      | $28617478.14    | 0.12%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 08/42 5               | CUSIP: 494550BN5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3440552.96     | 0.01%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 09/39 6.5             | CUSIP: 494550BD7<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    36840000 | PA      | $37294319.72    | 0.16%             | 2039-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 09/40 6.55            | CUSIP: 494550BF2<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    30300000 | PA      | $30511363.41    | 0.13%             | 2040-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 09/41 5.625           | CUSIP: 494550BK1<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     1700000 | PA      | $1568012.77     | 0.01%             | 2041-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 09/44 5.4             | CUSIP: 494550BW5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |      300000 | PA      | $271024.67      | 0.00%             | 2044-09-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 11/40 7.5             | CUSIP: 28370TAD1<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    25567000 | PA      | $28011807.30    | 0.12%             | 2040-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS LP                                                 | KINDER MORGAN ENER PART COMPANY GUAR 11/42 4.7             | CUSIP: 28370TAF6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     6209000 | PA      | $5156820.44     | 0.02%             | 2042-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | KINDER MORGAN INC COMPANY GUAR 08/31 7.8                   | CUSIP: 28368EAD8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $2237137.26     | 0.01%             | 2031-08-01      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | KINDER MORGAN INC COMPANY GUAR 12/34 5.3                   | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     1365000 | PA      | $1282039.27     | 0.01%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| KKR FINANCIAL HOLDINGS LLC                                                       | KKR FINANCIAL HOLDINGS SR UNSECURED 144A 05/33 5.4         | CUSIP: 48248AAG3<br>LEI: 549300U5WMP5TYFNKW68 | Long             | DBT              | CORP              | US        |    15900000 | PA      | $14849864.63    | 0.06%             | 2033-05-23      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO VII LLC                                                     | KKR GROUP FINANCE CO VII COMPANY GUAR 144A 02/50 3.625     | CUSIP: 48252DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    26000000 | PA      | $17937803.52    | 0.08%             | 2050-02-25      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO VIII LLC                                                    | KKR GROUP FINAN CO VIII COMPANY GUAR 144A 08/50 3.5        | CUSIP: 48252MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    31450000 | PA      | $21158050.71    | 0.09%             | 2050-08-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO XII LLC                                                     | KKR GROUP FINAN CO XII COMPANY GUAR 144A 05/32 4.85        | CUSIP: 48255GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    19000000 | PA      | $17793691.14    | 0.08%             | 2032-05-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO (AKA: HJ HEINZ CO)                                          | KRAFT HEINZ FOODS CO COMPANY GUAR 02/40 6.5                | CUSIP: 50076QAN6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    47238000 | PA      | $50165403.58    | 0.21%             | 2040-02-09      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO (AKA: HJ HEINZ CO)                                          | KRAFT HEINZ FOODS CO COMPANY GUAR 06/42 5                  | CUSIP: 50076QAE6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    10250000 | PA      | $9317673.84     | 0.04%             | 2042-06-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO (AKA: HJ HEINZ CO)                                          | KRAFT HEINZ FOODS CO COMPANY GUAR 06/46 4.375              | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $4903146.60     | 0.02%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO (AKA: HJ HEINZ CO)                                          | KRAFT HEINZ FOODS CO COMPANY GUAR 06/50 5.5                | CUSIP: 50077LBJ4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     7000000 | PA      | $6728497.44     | 0.03%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO (AKA: HJ HEINZ CO)                                          | KRAFT HEINZ FOODS CO COMPANY GUAR 144A 08/39 7.125         | CUSIP: 42307TAH1<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    16043000 | PA      | $17706018.98    | 0.07%             | 2039-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO (AKA: HJ HEINZ CO)                                          | KRAFT HEINZ FOODS CO COMPANY GUAR REGS 07/27 4.125         | CUSIP: ACI0DGC85<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1156676.31     | 0.00%             | 2027-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC (AKA: HARRIS CORP)                                     | L3HARRIS TECH INC SR UNSECURED 04/35 4.854                 | CUSIP: 413875AS4<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     2150000 | PA      | $2011128.60     | 0.01%             | 2035-04-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| LA MONDIALE                                                                      | LA MONDIALE SUBORDINATED REGS 06/31 2.125                  | CUSIP: ACI1N4DT2<br>LEI: 969500L0T16HX3R78P61 | Long             | DBT              | CORP              | FR        |     3500000 | PA      | $2884216.97     | 0.01%             | 2031-06-23      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| LABRADOR AVIATION FINANCE LTD 2016-1A                                            | LABRADOR AVIATION FINANCE LIMI LAFL 2016 1A A1 144A        | CUSIP: 50543LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    15207929 | PA      | $12052891.89    | 0.05%             | 2042-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSECURED 03/35 4.55                         | CUSIP: 00287YCY3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |      565000 | PA      | $530341.54      | 0.00%             | 2035-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | LAS VEGAS SANDS CORP SR UNSECURED 06/25 2.9                | CUSIP: 517834AH0<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     2800000 | PA      | $2575622.28     | 0.01%             | 2025-06-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | LAS VEGAS SANDS CORP SR UNSECURED 08/24 3.2                | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    27700000 | PA      | $26198353.92    | 0.11%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | LAS VEGAS SANDS CORP SR UNSECURED 08/26 3.5                | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   132600000 | PA      | $119876929.22   | 0.51%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | LAS VEGAS SANDS CORP SR UNSECURED 08/29 3.9                | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    15442000 | PA      | $13039802.79    | 0.06%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| LAZARD GROUP LLC                                                                 | LAZARD GROUP LLC SR UNSECURED 09/28 4.5                    | CUSIP: 52107QAJ4<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |      400000 | PA      | $371887.88      | 0.00%             | 2028-09-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSECURED 05/35 4.5                          | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    37877000 | PA      | $35221384.06    | 0.15%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSECURED 05/36 4.3                          | CUSIP: 00287YAV1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    23400000 | PA      | $21157757.71    | 0.09%             | 2036-05-14      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSECURED 05/45 4.7                          | CUSIP: 00287YAS8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    21000000 | PA      | $18755092.86    | 0.08%             | 2045-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSECURED 05/46 4.45                         | CUSIP: 00287YAW9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    33650000 | PA      | $29085265.78    | 0.12%             | 2046-05-14      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSECURED 06/44 4.85                         | CUSIP: 00287YDA4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    51900000 | PA      | $47794644.61    | 0.20%             | 2044-06-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSECURED 11/42 4.4                          | CUSIP: 00287YAM1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    44212000 | PA      | $38552269.79    | 0.16%             | 2042-11-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | ABBVIE INC SR UNSECURED 11/49 4.25                         | CUSIP: 00287YCB3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     6800000 | PA      | $5678173.74     | 0.02%             | 2049-11-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LEGG MASON INC                                                                   | LEGG MASON INC COMPANY GUAR 01/44 5.625                    | CUSIP: 524901AR6<br>LEI: OWUNCC6U1ZJXMZKFBJ36 | Long             | DBT              | CORP              | US        |    18493000 | PA      | $18111583.17    | 0.08%             | 2044-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ABU DHABI CRUDE OIL PIPELINE LLC                                                 | ABU DHABI CRUDE OIL SR SECURED REGS 11/47 4.6              | CUSIP: M0R52WAB9<br>LEI: 549300DONDFW2383FV66 | Long             | DBT              | CORP              | AE        |     7900000 | PA      | $7289330.00     | 0.03%             | 2047-11-02      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | LEIDOS INC COMPANY GUAR 02/31 2.3                          | CUSIP: 52532XAH8<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     7900000 | PA      | $6069844.53     | 0.03%             | 2031-02-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | LEIDOS INC COMPANY GUAR 05/30 4.375                        | CUSIP: 52532XAF2<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1808138.14     | 0.01%             | 2030-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT                                                                   | ABU DHABI GOVT INT L SR UNSECURED 144A 04/30 3.125         | CUSIP: 29135LAH3<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    13700000 | PA      | $12743616.70    | 0.05%             | 2030-04-16      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT                                                                   | ABU DHABI GOVT INT L SR UNSECURED 144A 09/70 2.7           | CUSIP: 29135LAN0<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    37100000 | PA      | $23220222.20    | 0.10%             | 2070-09-02      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC SR SECURED 144A 11/29 3.875          | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    11350000 | PA      | $8977116.68     | 0.04%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT                                                                   | ABU DHABI GOVT INT L SR UNSECURED REGS 04/50 3.875         | CUSIP: ACI1LP9H8<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    12600000 | PA      | $10720395.00    | 0.05%             | 2050-04-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                                         | LIBERTY MUTUAL GROUP INC COMPANY GUAR 144A 02/61 4.3       | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    14500000 | PA      | $8864720.00     | 0.04%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                                         | LIBERTY MUTUAL GROUP INC COMPANY GUAR 144A 05/60 3.95      | CUSIP: 53079EBK9<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    20300000 | PA      | $13391189.55    | 0.06%             | 2060-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| LIFE STORAGE LP                                                                  | LIFE STORAGE LP COMPANY GUAR 12/27 3.875                   | CUSIP: 53227JAA2<br>LEI: X0MIGH67XZCB7HL1A534 | Long             | DBT              | CORP              | US        |     1100000 | PA      | $1019681.93     | 0.00%             | 2027-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANK PLC                                                                  | LLOYDS BANK PLC SR UNSECURED REGS 04/32 VAR                | CUSIP: ACI14DZD4<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | DBT              | CORP              | GB        |    29200000 | PA      | $17868181.09    | 0.08%             | 2032-04-02      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 03/28 4.375          | CUSIP: 539439AR0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     3400000 | PA      | $3233093.90     | 0.01%             | 2028-03-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 05/25 4.45           | CUSIP: 53944YAF0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |      500000 | PA      | $490878.19      | 0.00%             | 2025-05-08      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 08/28 4.55           | CUSIP: 539439AT6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    32500000 | PA      | $30638971.68    | 0.13%             | 2028-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 11/28 VAR            | CUSIP: 539439AQ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    10200000 | PA      | $9189429.39     | 0.04%             | 2028-11-07      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| ACCIDENT FUND INSURANCE CO OF AMERICA                                            | ACCIDENT FUND INS CO AM SUBORDINATED 144A 08/32 8.5        | CUSIP: 00452AAA8<br>LEI: 2549009NUX96RJZ6DQ30 | Long             | DBT              | CORP              | US        |   103000000 | PA      | $105758936.37   | 0.45%             | 2032-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LOANCORE ISSUER LTD 2021-CRE5                                                    | LOANCORE 2021 CRE5 ISSUER, LTD LNCR 2021 CRE5 A 144A       | CUSIP: 53947XAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2320000 | PA      | $2235237.62     | 0.01%             | 2036-07-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                                                      | LOCKHEED MARTIN CORP SR UNSECURED 03/35 3.6                | CUSIP: 539830BC2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $2227820.80     | 0.01%             | 2035-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                                                      | LOCKHEED MARTIN CORP SR UNSECURED 05/36 4.5                | CUSIP: 539830BK4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     2100000 | PA      | $2012192.01     | 0.01%             | 2036-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                                                      | LOCKHEED MARTIN CORP SR UNSECURED 06/53 4.15               | CUSIP: 539830BS7<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $853831.05      | 0.00%             | 2053-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                                                      | LOCKHEED MARTIN CORP SR UNSECURED 06/62 4.3                | CUSIP: 539830BT5<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    23300000 | PA      | $19717505.24    | 0.08%             | 2062-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES COMMUNITY COLLEGE DISTRICT                                           | LOS ANGELES CA CMNTY CLG DIST LOSHGR 08/32 FIXED 2.106     | CUSIP: 54438CYP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     6500000 | PA      | $5206134.70     | 0.02%             | 2032-08-01      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES COUNTY PUBLIC WORKS FINANCING AUTHORITY                              | LOS ANGELES CNTY CA PUBLIC WKS LOSFAC 08/33 FIXED 7.488    | CUSIP: 54473ENT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    15400000 | PA      | $17483007.08    | 0.07%             | 2033-08-01      | Fixed         | 7.49%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES COUNTY PUBLIC WORKS FINANCING AUTHORITY                              | LOS ANGELES CNTY CA PUBLIC WKS LOSFAC 08/40 FIXED 7.618    | CUSIP: 54473ENS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     5200000 | PA      | $6395352.08     | 0.03%             | 2040-08-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES DEPARTMENT OF WATER AND POWER                                        | LOS ANGELES CA DEPT WTR   PWR LOSUTL 07/27 FIXED 5.516     | CUSIP: 544495VX9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     1800000 | PA      | $1842627.42     | 0.01%             | 2027-07-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES DEPARTMENT OF WATER AND POWER                                        | LOS ANGELES CA DEPT WTR   PWR LOSUTL 07/50 FIXED 6.603     | CUSIP: 544495WA8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |      400000 | PA      | $474356.16      | 0.00%             | 2050-07-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE GAS & ELECTRIC                                                        | LOUISVILLE GAS + ELEC 1ST MORTGAGE 04/49 4.25              | CUSIP: 546676AY3<br>LEI: KO3GRIB3RPH1XDX50U72 | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1586336.49     | 0.01%             | 2049-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOWE`S COMPANIES INC                                                             | LOWE S COS INC SR UNSECURED 04/52 4.25                     | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $1994495.90     | 0.01%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOWE`S COMPANIES INC                                                             | LOWE S COS INC SR UNSECURED 04/62 4.45                     | CUSIP: 548661EF0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     6300000 | PA      | $4930359.59     | 0.02%             | 2062-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                                                              | LSEGA FINANCING PLC COMPANY GUAR 144A 04/41 3.2            | CUSIP: 50220PAE3<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |     9700000 | PA      | $7081459.59     | 0.03%             | 2041-04-06      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | CENTURYLINK INC 2020 TERM LOAN B                           | CUSIP: 15669GAH7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    16750741 | PA      | $15938581.07    | 0.07%             | 2027-03-15      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| M&G PLC                                                                          | M+G PLC SUBORDINATED REGS 07/55 VAR                        | CUSIP: BYYTRZII0<br>LEI: 254900TWUJUQ44TQJY84 | Long             | DBT              | CORP              | GB        |     1900000 | PA      | $1978338.67     | 0.01%             | 2055-07-20      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| MACMILLAN BLOEDEL PEMBROKE LP (AKA: MACMILLAN BLOEDEL LTD)                       | WEYERHAEUSER CO SR UNSECURED 02/26 7.7                     | CUSIP: 554783AK6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     8555000 | PA      | $9109585.32     | 0.04%             | 2026-02-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| MAGALLANES INC                                                                   | MAGALLANES INC COMPANY GUAR 144A 03/52 5.141               | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    13200000 | PA      | $9646920.49     | 0.04%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| MAGALLANES INC                                                                   | WARNERMEDIA HOLDINGS INC COMPANY GUAR 144A 03/42 5.05      | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     4240000 | PA      | $3258969.53     | 0.01%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MAGALLANES INC                                                                   | WARNERMEDIA HOLDINGS INC COMPANY GUAR 144A 03/62 5.391     | CUSIP: 55903VAS2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    42174000 | PA      | $30956437.60    | 0.13%             | 2062-03-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| MARATHON PETROLEUM CORPORATION                                                   | MARATHON PETROLEUM CORP SR UNSECURED 03/41 6.5             | CUSIP: 56585AAF9<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    13503000 | PA      | $13931690.81    | 0.06%             | 2041-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC                                                       | MARRIOTT INTERNATIONAL SR UNSECURED 04/24 3.6              | CUSIP: 571900BB4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     7600000 | PA      | $7451626.57     | 0.03%             | 2024-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC                                                       | MARRIOTT INTERNATIONAL SR UNSECURED 04/31 2.85             | CUSIP: 571903BG7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     9700000 | PA      | $7878260.75     | 0.03%             | 2031-04-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC                                                       | MARRIOTT INTERNATIONAL SR UNSECURED 06/30 4.625            | CUSIP: 571903BE2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     9690000 | PA      | $9065172.81     | 0.04%             | 2030-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC                                                       | MARRIOTT INTERNATIONAL SR UNSECURED 10/32 3.5              | CUSIP: 571903BF9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    23700000 | PA      | $19780901.88    | 0.08%             | 2032-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC                                                       | MARRIOTT INTERNATIONAL SR UNSECURED 10/33 2.75             | CUSIP: 571903BH5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $7657477.80     | 0.03%             | 2033-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COMPANIES INC                                                   | MARSH + MCLENNAN COS INC SR UNSECURED 01/47 4.35           | CUSIP: 571748BC5<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     4800000 | PA      | $4054871.86     | 0.02%             | 2047-01-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COMPANIES INC                                                   | MARSH + MCLENNAN COS INC SR UNSECURED 03/48 4.2            | CUSIP: 571748BD3<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     5800000 | PA      | $4807537.29     | 0.02%             | 2048-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COMPANIES INC                                                   | MARSH + MCLENNAN COS INC SR UNSECURED 03/49 4.9            | CUSIP: 571748BJ0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    13100000 | PA      | $12112100.05    | 0.05%             | 2049-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COMPANIES INC                                                   | MARSH + MCLENNAN COS INC SR UNSECURED 11/52 6.25           | CUSIP: 571748BS0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    12200000 | PA      | $13609240.54    | 0.06%             | 2052-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | MARVELL TECHNOLOGY INC COMPANY GUAR 04/31 2.95             | CUSIP: 573874AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    13894000 | PA      | $11208527.25    | 0.05%             | 2031-04-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | MARVELL TECHNOLOGY INC COMPANY GUAR 06/28 4.875            | CUSIP: 573874AN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10200000 | PA      | $9740993.06     | 0.04%             | 2028-06-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MASCO CORPORATION                                                                | MASCO CORP SR UNSECURED 05/47 4.5                          | CUSIP: 574599BM7<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     1909000 | PA      | $1501152.65     | 0.01%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MASCO CORPORATION                                                                | MASCO CORP SR UNSECURED 08/29 7.75                         | CUSIP: 574599AT3<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     2539000 | PA      | $2782077.49     | 0.01%             | 2029-08-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY                                            | MASS INSTITUTE OF TECH UNSECURED 12/99 5.6                 | CUSIP: 575718AA9<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     1668000 | PA      | $1738286.33     | 0.01%             | 2099-12-31      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY                                      | MASS MUTUAL LIFE INS CO SUBORDINATED 144A 02/69 VAR        | CUSIP: 575767AM0<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    27500000 | PA      | $24560525.00    | 0.10%             | 2069-02-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY                                      | MASS MUTUAL LIFE INS CO SUBORDINATED 144A 04/77 4.9        | CUSIP: 575767AL2<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |     4800000 | PA      | $3948883.78     | 0.02%             | 2077-04-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY                                      | MASS MUTUAL LIFE INS CO SUBORDINATED 144A 10/70 3.729      | CUSIP: 575767AN8<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    11166000 | PA      | $7369871.42     | 0.03%             | 2070-10-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS PORT AUTHORITY                                                     | MASSACHUSETTS ST PORT AUTH SPL MASTRN 07/31 FIXED 6.202    | CUSIP: 575898CS8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |     3240000 | PA      | $3322429.81     | 0.01%             | 2031-07-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| MCDONALDS CORPORATION                                                            | MCDONALD S CORP SR UNSECURED 09/49 3.625                   | CUSIP: 58013MFK5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    16800000 | PA      | $12718824.89    | 0.05%             | 2049-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                                                 | MDC HOLDINGS INC COMPANY GUAR 01/43 6                      | CUSIP: 552676AQ1<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |    25375000 | PA      | $20706724.46    | 0.09%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                                                 | MDC HOLDINGS INC COMPANY GUAR 08/61 3.966                  | CUSIP: 552676AV0<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |    10300000 | PA      | $5789348.19     | 0.02%             | 2061-08-06      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| MEIJI YASUDA LIFE INSURANCE COMPANY                                              | MEIJI YASUDA LIFE INSURA SUBORDINATED 144A 04/48 VAR       | CUSIP: 585270AC5<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |     7100000 | PA      | $6812772.20     | 0.03%             | 2048-04-26      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | MERCK + CO INC SR UNSECURED 12/51 2.75                     | CUSIP: 58933YBF1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    13500000 | PA      | $9085905.27     | 0.04%             | 2051-12-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | MERCK + CO INC SR UNSECURED 12/61 2.9                      | CUSIP: 58933YBG9<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    13500000 | PA      | $8648111.75     | 0.04%             | 2061-12-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| MERX AVIATION FINANCE LLC 2018-1A                                                | MAPS LTD MAPSL 2018 1A A 144A                              | CUSIP: 56564RAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |     5717745 | PA      | $5111537.57     | 0.02%             | 2043-05-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| ACTIVISION BLIZZARD INC (AKA: ACTIVISION INC)                                    | ACTIVISION BLIZZARD SR UNSECURED 09/50 2.5                 | CUSIP: 00507VAQ2<br>LEI: 549300TPQQDBP9GNOF40 | Long             | DBT              | CORP              | US        |    35200000 | PA      | $21772722.75    | 0.09%             | 2050-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | META PLATFORMS INC SR UNSECURED 08/52 4.45                 | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $6398734.24     | 0.03%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | META PLATFORMS INC SR UNSECURED 08/62 4.65                 | CUSIP: 30303M8K1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    19200000 | PA      | $15506797.06    | 0.07%             | 2062-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| METAL CAYMAN 2017-1 LLC                                                          | METAL CAYMAN METAL 2017 1 A 144A                           | CUSIP: 59111RAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    12413693 | PA      | $6524363.87     | 0.03%             | 2042-10-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| METLIFE CAPITAL TRUST IV                                                         | METLIFE CAPITAL TRUST IV JR SUBORDINA 144A 12/67 7.875     | CUSIP: 591560AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    23640000 | PA      | $25592849.57    | 0.11%             | 2067-12-15      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | METLIFE INC JR SUBORDINA 08/69 10.75                       | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     5132000 | PA      | $6830230.12     | 0.03%             | 2069-08-01      | Floating      | 10.75%                | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | METLIFE INC JR SUBORDINA 144A 04/68 9.25                   | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    51066000 | PA      | $59558442.28    | 0.25%             | 2068-04-08      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | METLIFE INC SR UNSECURED 07/52 5                           | CUSIP: 59156RCC0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |      900000 | PA      | $862141.91      | 0.00%             | 2052-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN EDISON COMPANY                                                      | METROPOLITAN EDISON CO SR UNSECURED 144A 01/29 4.3         | CUSIP: 591894CC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2822559.42     | 0.01%             | 2029-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN EDISON COMPANY                                                      | METROPOLITAN EDISON CO SR UNSECURED 144A 03/23 3.5         | CUSIP: 591894BY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1893941.95     | 0.01%             | 2023-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSPORTATION AUTHORITY                                            | MET TRANSPRTN AUTH NY REVENUE MTATRN 11/40 FIXED 6.814     | CUSIP: 59259YGF0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    18085000 | PA      | $18947784.71    | 0.08%             | 2040-11-15      | Fixed         | 6.81%                 | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                                      | UNITED MEXICAN STATES SR UNSECURED 05/61 3.771             | CUSIP: 91087BAN0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    59442000 | PA      | $37762293.55    | 0.16%             | 2061-05-24      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                                      | UNITED MEXICAN STATES SR UNSECURED 08/41 4.28              | CUSIP: 91087BAQ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1500000 | PA      | $1160283.45     | 0.00%             | 2041-08-14      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI LIMITED                                                 | ADANI ELECTRICITY MUMBAI SR SECURED 144A 02/30 3.949       | CUSIP: 00654GAA1<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |     4800000 | PA      | $3677410.70     | 0.02%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE UNIVERSITY                                                        | MICHIGAN ST UNIV REVENUES MISHGR 08/22 FIXED 4.165         | CUSIP: 594712WY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    16800000 | PA      | $12424532.40    | 0.05%             | 2122-08-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | MICRON TECHNOLOGY INC SR UNSECURED 02/29 5.327             | CUSIP: 595112BN2<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     8500000 | PA      | $8176729.45     | 0.03%             | 2029-02-06      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORPORATION                                                            | MICROSOFT CORP SR UNSECURED 03/52 2.921                    | CUSIP: 594918CE2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    20236000 | PA      | $14421639.50    | 0.06%             | 2052-03-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORPORATION                                                            | MICROSOFT CORP SR UNSECURED 06/60 2.675                    | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    32710000 | PA      | $20922602.16    | 0.09%             | 2060-06-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS LP                                                        | MID AMERICA APARTMENTS SR UNSECURED 06/27 3.6              | CUSIP: 59523UAN7<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              | CORP              | US        |      300000 | PA      | $284715.42      | 0.00%             | 2027-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS LP                                                        | MID AMERICA APARTMENTS SR UNSECURED 10/23 4.3              | CUSIP: 59523UAA5<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              | CORP              | US        |    11900000 | PA      | $11833903.47    | 0.05%             | 2023-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY COMPANY                                                       | MIDAMERICAN ENERGY CO 1ST MORTGAGE 07/49 4.25              | CUSIP: 595620AU9<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     5300000 | PA      | $4523552.65     | 0.02%             | 2049-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY COMPANY                                                       | MIDAMERICAN ENERGY CO 1ST MORTGAGE 08/47 3.95              | CUSIP: 595620AR6<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     8262000 | PA      | $6770052.83     | 0.03%             | 2047-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY COMPANY                                                       | MIDAMERICAN ENERGY CO 1ST MORTGAGE 08/48 3.65              | CUSIP: 595620AS4<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $4737872.82     | 0.02%             | 2048-08-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY COMPANY                                                       | MIDAMERICAN ENERGY CO 1ST MORTGAGE 10/44 4.4               | CUSIP: 595620AN5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |      500000 | PA      | $444114.82      | 0.00%             | 2044-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MIDWEST CONNECTOR CAPITAL COMPANY LLC                                            | MIDWEST CONNECTOR CAPIT COMPANY GUAR 144A 04/29 4.625      | CUSIP: 59833CAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    12200000 | PA      | $11047065.72    | 0.05%             | 2029-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HOLDINGS LLC / MILEAGE PLUS INTELLECTUAL PROPERTY ASSETS LTD        | MILEAGE PLUS HLDINGS LLC SR SECURED 144A 06/27 6.5         | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5760371 | PA      | $5739644.53     | 0.02%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WIS REDEV AUTH REV                                                     | MILWAUKEE WI REDEV AUTH REVENU MLWDEV 04/36 ZEROCPNOID 0   | CUSIP: 60242NDL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     1900000 | PA      | $916608.45      | 0.00%             | 2036-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WIS REDEV AUTH REV                                                     | MILWAUKEE WI REDEV AUTH REVENU MLWDEV 04/37 ZEROCPNOID 0   | CUSIP: 60242NDM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     2150000 | PA      | $975629.15      | 0.00%             | 2037-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WIS REDEV AUTH REV                                                     | MILWAUKEE WI REDEV AUTH REVENU MLWDEV 04/38 ZEROCPNOID 0   | CUSIP: 60242NDN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     2800000 | PA      | $1193637.48     | 0.01%             | 2038-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WIS REDEV AUTH REV                                                     | MILWAUKEE WI REDEV AUTH REVENU MLWDEV 04/39 ZEROCPNOID 0   | CUSIP: 60242NDP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     2500000 | PA      | $1000146.75     | 0.00%             | 2039-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI POWER COMPANY                                                        | MISSISSIPPI POWER CO SR UNSECURED 03/42 4.25               | CUSIP: 605417BZ6<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |     7400000 | PA      | $6033487.36     | 0.03%             | 2042-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI POWER COMPANY                                                        | MISSISSIPPI POWER CO SR UNSECURED 07/51 3.1                | CUSIP: 605417CD4<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |    18550000 | PA      | $11894856.01    | 0.05%             | 2051-07-30      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 03/39 4.153            | CUSIP: 606822BE3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     7700000 | PA      | $6528751.61     | 0.03%             | 2039-03-07      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 04/33 VAR              | CUSIP: 606822CG7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    25000000 | PA      | $22732712.75    | 0.10%             | 2033-04-19      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 07/30 2.048            | CUSIP: 606822BU7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    13900000 | PA      | $10995284.75    | 0.05%             | 2030-07-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 07/32 VAR              | CUSIP: 606822BX1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     3000000 | PA      | $2316016.59     | 0.01%             | 2032-07-20      | Floating      | 2.31%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 07/33 VAR              | CUSIP: 606822CK8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    10300000 | PA      | $9865114.33     | 0.04%             | 2033-07-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 07/38 4.286            | CUSIP: 606822BB9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     7900000 | PA      | $6867892.33     | 0.03%             | 2038-07-26      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 07/39 3.751            | CUSIP: 606822BK9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    16200000 | PA      | $13224057.73    | 0.06%             | 2039-07-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP SR UNSECURED 05/32 VAR              | CUSIP: 60687YBQ1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     7400000 | PA      | $5643055.15     | 0.02%             | 2032-05-22      | Floating      | 2.17%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP SR UNSECURED 07/31 VAR              | CUSIP: 60687YBH1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    14800000 | PA      | $11584787.32    | 0.05%             | 2031-07-10      | Floating      | 2.20%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP SR UNSECURED 09/31 VAR              | CUSIP: 60687YBL2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    18400000 | PA      | $14111545.86    | 0.06%             | 2031-09-08      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP SR UNSECURED 09/33 VAR              | CUSIP: 60687YCM9<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     4300000 | PA      | $4279940.24     | 0.02%             | 2033-09-13      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| MLCC MORTGAGE INVESTORS INC 2003-G                                               | MLCC MORTGAGE INVESTORS INC MLCC 2003 G A2                 | CUSIP: 5899295W4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       27452 | PA      | $26558.89       | 0.00%             | 2029-01-25      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| MLCC MORTGAGE INVESTORS INC. 2003-A                                              | MLCC MORTGAGE INVESTORS INC MLCC 2003 A 2A2                | CUSIP: 589929G36<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        6652 | PA      | $6273.74        | 0.00%             | 2028-03-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| MONONGAHELA POWER COMPANY                                                        | MONONGAHELA POWER CO 1ST MORTGAGE 144A 12/43 5.4           | CUSIP: 610202BP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     9061000 | PA      | $8773188.93     | 0.04%             | 2043-12-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | MOODY S CORPORATION SR UNSECURED 02/52 3.75                | CUSIP: 615369AY1<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     7600000 | PA      | $5824931.76     | 0.02%             | 2052-02-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | MOODY S CORPORATION SR UNSECURED 05/50 3.25                | CUSIP: 615369AT2<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1043592.62     | 0.00%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | MOODY S CORPORATION SR UNSECURED 07/44 5.25                | CUSIP: 615369AE5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     4144000 | PA      | $4009876.50     | 0.02%             | 2044-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | MOODY S CORPORATION SR UNSECURED 08/31 2                   | CUSIP: 615369AW5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     1700000 | PA      | $1347289.61     | 0.01%             | 2031-08-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | MOODY S CORPORATION SR UNSECURED 11/61 3.1                 | CUSIP: 615369AX3<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $3805328.76     | 0.02%             | 2061-11-29      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | MOODY S CORPORATION SR UNSECURED 12/48 4.875               | CUSIP: 615369AQ8<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     9000000 | PA      | $8171488.17     | 0.03%             | 2048-12-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 01/26 3.875                    | CUSIP: 61746BDZ6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     4095000 | PA      | $3968752.38     | 0.02%             | 2026-01-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 01/33 VAR                      | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     5200000 | PA      | $4220144.34     | 0.02%             | 2033-01-21      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 01/52 VAR                      | CUSIP: 6174468Y8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $619953.63      | 0.00%             | 2052-01-25      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 04/42 VAR                      | CUSIP: 61772BAC7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    15200000 | PA      | $11307841.49    | 0.05%             | 2042-04-22      | Floating      | 3.22%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 07/28 VAR                      | CUSIP: 61744YAK4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      400000 | PA      | $367529.73      | 0.00%             | 2028-07-22      | Floating      | 3.59%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 07/32 VAR                      | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    28500000 | PA      | $21933288.21    | 0.09%             | 2032-07-21      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 07/42 6.375                    | CUSIP: 617482V92<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    14350000 | PA      | $15639129.09    | 0.07%             | 2042-07-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED REGS 04/32 VAR                 | CUSIP: U6S771NR6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    62100000 | PA      | $35467313.97    | 0.15%             | 2032-04-02      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SUBORDINATED 04/37 VAR                      | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    31500000 | PA      | $28888188.53    | 0.12%             | 2037-04-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2004-HE3                                            | MORGAN STANLEY CAPITAL INC MSAC 2004 HE3 M1                | CUSIP: 61744CDH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     4024520 | PA      | $3918544.36     | 0.02%             | 2034-03-25      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DOMESTIC HOLDINGS INC                                             | MORGAN STANLEY DOM HOLD COMPANY GUAR 06/28 4.5             | CUSIP: 269246BS2<br>LEI: 549300RJIC678ZPVWG08 | Long             | DBT              | CORP              | US        |     7885000 | PA      | $7682655.05     | 0.03%             | 2028-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DOMESTIC HOLDINGS INC                                             | MORGAN STANLEY DOM HOLD COMPANY GUAR 08/27 3.8             | CUSIP: 269246BQ6<br>LEI: 549300RJIC678ZPVWG08 | Long             | DBT              | CORP              | US        |     5525000 | PA      | $5207978.48     | 0.02%             | 2027-08-24      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH & HOSPITALS CORP                                                 | ADVOCATE HEALTH CORP UNSECURED 06/30 2.211                 | CUSIP: 007589AD6<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |    11150000 | PA      | $9171702.89     | 0.04%             | 2030-06-15      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | MOTOROLA SOLUTIONS INC SR UNSECURED 09/44 5.5              | CUSIP: 620076BE8<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     5686000 | PA      | $5146427.03     | 0.02%             | 2044-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | MOTOROLA SOLUTIONS INC SR UNSECURED 11/30 2.3              | CUSIP: 620076BT5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     3100000 | PA      | $2431082.93     | 0.01%             | 2030-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP SR UNSECURED 02/49 5.5                             | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |      200000 | PA      | $176732.11      | 0.00%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP SR UNSECURED 03/47 5.2                             | CUSIP: 55336VAL4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4266312.15     | 0.02%             | 2047-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP SR UNSECURED 03/52 4.95                            | CUSIP: 55336VBT6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    33343000 | PA      | $27394650.48    | 0.12%             | 2052-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP SR UNSECURED 04/58 4.9                             | CUSIP: 55336VAP5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    19120000 | PA      | $15070964.67    | 0.06%             | 2058-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP SR UNSECURED 12/47 5.2                             | CUSIP: 55336VBP4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     2100000 | PA      | $1796024.14     | 0.01%             | 2047-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP/MPT FINANCE CORP                                    | MPT OPER PARTNERSP/FINL COMPANY GUAR 03/31 3.5             | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3200000 | PA      | $2200235.49     | 0.01%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GEORGIA MELPWR 04/57 FIXED 6.637         | CUSIP: 626207YF5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |     2299000 | PA      | $2465177.93     | 0.01%             | 2057-04-01      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GEORGIA MELPWR 04/57 FIXED 6.655         | CUSIP: 626207YM0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    42333000 | PA      | $45811265.55    | 0.19%             | 2057-04-01      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA INSURANCE COMPANY                                                | MUTUAL OF OMAHA INS CO SUBORDINATED 144A 07/54 VAR         | CUSIP: 628312AD2<br>LEI: P2LER0UPV1DKOU8RO042 | Long             | DBT              | CORP              | US        |    19870000 | PA      | $18932113.15    | 0.08%             | 2054-07-15      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| MYLAN INC                                                                        | MYLAN INC COMPANY GUAR 04/48 5.2                           | CUSIP: 628530BJ5<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |    17200000 | PA      | $12873676.26    | 0.05%             | 2048-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MYLAN INC                                                                        | MYLAN INC COMPANY GUAR 144A 01/23 3.125                    | CUSIP: 628530AV9<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |      700000 | PA      | $699471.27      | 0.00%             | 2023-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC (AKA: CENTRAL & SOUTH WEST CORP)                                   | AEP TEXAS INC SR UNSECURED 05/49 4.15                      | CUSIP: 00108WAJ9<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    14400000 | PA      | $11309041.01    | 0.05%             | 2049-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NAPA VALLEY UNIFIED SCHOOL DISTRICT                                              | NAPA VLY CA UNIF SCH DIST NPVSCD 08/43 FIXED 6.507         | CUSIP: 6303614J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     2000000 | PA      | $2215511.40     | 0.01%             | 2043-08-01      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC (AKA: NASDAQ OMX GROUP INC)                                           | NASDAQ INC SR UNSECURED 03/52 3.95                         | CUSIP: 631103AM0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1376392.57     | 0.01%             | 2052-03-07      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC (AKA: NASDAQ OMX GROUP INC)                                           | NASDAQ INC SR UNSECURED 12/40 2.5                          | CUSIP: 63111XAE1<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $3910894.56     | 0.02%             | 2040-12-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC (AKA: CENTRAL & SOUTH WEST CORP)                                   | AEP TEXAS INC SR UNSECURED 05/51 3.45                      | CUSIP: 00108WAN0<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $7103183.60     | 0.03%             | 2051-05-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID ELECTRICITY TRANSMISSION PLC                                       | NATL GRID ELECT TRANS SR UNSECURED REGS 04/40 2            | CUSIP: ACI1LNWS3<br>LEI: 5XJXCCYG4SDKFJ5WLB02 | Long             | DBT              | CORP              | GB        |     3300000 | PA      | $2424843.56     | 0.01%             | 2040-04-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID ELECTRICITY TRANSMISSION PLC                                       | NATL GRID ELECT TRANS SR UNSECURED REGS 09/38 2            | CUSIP: ACI1FFZK1<br>LEI: 5XJXCCYG4SDKFJ5WLB02 | Long             | DBT              | CORP              | GB        |      919000 | PA      | $698055.90      | 0.00%             | 2038-09-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                                                | NATIONAL GRID PLC SR UNSECURED REGS 03/30 2.949            | CUSIP: ACI25XGH9<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |     9700000 | PA      | $9550386.16     | 0.04%             | 2030-03-30      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NATIONAL HEALTH INVS INC                                                         | NATIONAL HEALTH INVESTOR COMPANY GUAR 02/31 3              | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |    10600000 | PA      | $7665852.80     | 0.03%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION COMPANY LLC                                                     | AEP TRANSMISSION CO LLC SR UNSECURED 04/50 3.65            | CUSIP: 00115AAM1<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     2700000 | PA      | $2072695.99     | 0.01%             | 2050-04-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROPERTIES INC                                                   | NATIONAL RETAIL PROP INC SR UNSECURED 04/30 2.5            | CUSIP: 637417AN6<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |      500000 | PA      | $406423.58      | 0.00%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROPERTIES INC                                                   | NATIONAL RETAIL PROP INC SR UNSECURED 04/51 3.5            | CUSIP: 637417AQ9<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |     3800000 | PA      | $2557440.09     | 0.01%             | 2051-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION                         | NATIONAL RURAL UTIL COOP COLLATERAL T 11/48 4.4            | CUSIP: 637432NR2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     7000000 | PA      | $5866021.70     | 0.02%             | 2048-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION COMPANY LLC                                                     | AEP TRANSMISSION CO LLC SR UNSECURED 09/48 4.25            | CUSIP: 00115AAJ8<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     1474000 | PA      | $1236690.47     | 0.01%             | 2048-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION COMPANY LLC                                                     | AEP TRANSMISSION CO LLC SR UNSECURED 09/49 3.15            | CUSIP: 00115AAL3<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $4181684.94     | 0.02%             | 2049-09-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION COMPANY LLC                                                     | AEP TRANSMISSION CO LLC SR UNSECURED 12/47 3.75            | CUSIP: 00115AAH2<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     1100000 | PA      | $857488.14      | 0.00%             | 2047-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BUILDING SOCIETY                                                      | NATIONWIDE BLDG SOCIETY SR UNSECURED 144A 03/29 VAR        | CUSIP: 63861VAB3<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     5500000 | PA      | $4971777.53     | 0.02%             | 2029-03-08      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BUILDING SOCIETY                                                      | NATIONWIDE BLDG SOCIETY SR UNSECURED 144A 07/30 VAR        | CUSIP: 63861VAE7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    26756000 | PA      | $23219500.82    | 0.10%             | 2030-07-18      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| AERCAP (DELOS FINANCE SARL                                                       | DELOS FIN S A R L TERM LOAN                                | CUSIP: L2324EAE1<br>LEI: 549300HX549YWOJQT076 | Long             | LON              | CORP              | LU        |    17711400 | PA      | $17708034.83    | 0.08%             | 2023-10-06      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BUILDING SOCIETY                                                      | NATIONWIDE BLDG SOCIETY SUBORDINATED 144A 09/26 4          | CUSIP: 63859WAE9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     6635000 | PA      | $6042603.78     | 0.03%             | 2026-09-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE CHILDRENS HOSPITAL INC                                                | NATIONWIDE CHILDREN HOSP UNSECURED 11/52 4.556             | CUSIP: 63861UAA7<br>LEI: 549300P18KU1WR8JWZ05 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $2233636.78     | 0.01%             | 2052-11-01      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE FINANCIAL SERVICES INC                                                | NATIONWIDE FINANCIAL SER COMPANY GUAR 144A 11/49 3.9       | CUSIP: 638612AM3<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $7012733.70     | 0.03%             | 2049-11-30      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURANCE COMPANY                                              | NATIONWIDE MUTUAL INSURA SUBORDINATED 144A 04/50 4.35      | CUSIP: 638671AN7<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |     2250000 | PA      | $1691522.84     | 0.01%             | 2050-04-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURANCE COMPANY                                              | NATIONWIDE MUTUAL INSURA SUBORDINATED 144A 08/39 9.375     | CUSIP: 638671AK3<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |    32300000 | PA      | $41717499.11    | 0.18%             | 2039-08-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| AERCAP (SETANTA AIRCRAFT LEASING DESIGNATED ACTIVITY COMPANY)                    | SETANTA AIRCRAFT LEASING DAC TERM LOAN B                   | CUSIP: G8057JAB2<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |    25000000 | PA      | $24925000.00    | 0.11%             | 2028-11-05      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2019-NEMA                           | NATIXIS COMMERCIAL MORTGAGE SE NCMS 2019 NEMA A 144A       | CUSIP: 63874RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9900000 | PA      | $8755584.75     | 0.04%             | 2039-02-15      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC JR SUBORDINA 12/99 VAR                   | CUSIP: 639057AD0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    27100000 | PA      | $19469399.88    | 0.08%             | 2031-06-28      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC JR SUBORDINA 12/99 VAR                   | CUSIP: ACI1SQVK7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     1500000 | PA      | $1527730.90     | 0.01%             | 2027-05-12      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 01/30 VAR                   | CUSIP: 78009PEH0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    46350000 | PA      | $43756399.54    | 0.19%             | 2030-01-27      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 03/25 VAR                   | CUSIP: 780097BK6<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    33160000 | PA      | $32442222.29    | 0.14%             | 2025-03-22      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 04/26 4.8                   | CUSIP: 780097BA8<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     4650000 | PA      | $4553015.79     | 0.02%             | 2026-04-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 05/29 VAR                   | CUSIP: 780097BG5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    32700000 | PA      | $30999368.81    | 0.13%             | 2029-05-18      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 05/30 VAR                   | CUSIP: 780097BL4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     5200000 | PA      | $4719248.09     | 0.02%             | 2030-05-08      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 01/28 3.875          | CUSIP: 00774MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |      150000 | PA      | $135153.97      | 0.00%             | 2028-01-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 01/32 3.3            | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    16800000 | PA      | $13174672.56    | 0.06%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED REGS 03/23 2.5              | CUSIP: ACI0LCK78<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     3900000 | PA      | $4176523.12     | 0.02%             | 2023-03-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NBCUNIVERSAL MEDIA LLC (AKA: NBC UNIVERSAL INC)                                  | NBCUNIVERSAL MEDIA LLC COMPANY GUAR 01/43 4.45             | CUSIP: 63946BAJ9<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |    19107000 | PA      | $16887122.18    | 0.07%             | 2043-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 07/23 4.125          | CUSIP: 00774MAF2<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     8645000 | PA      | $8585523.61     | 0.04%             | 2023-07-03      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | NETFLIX INC SR UNSECURED 04/28 4.875                       | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     9450000 | PA      | $9146053.70     | 0.04%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | NETFLIX INC SR UNSECURED 144A 06/30 4.875                  | CUSIP: 64110LAV8<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1401418.53     | 0.01%             | 2030-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | NETFLIX INC SR UNSECURED 144A 11/29 5.375                  | CUSIP: 64110LAU0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     3900000 | PA      | $3789922.50     | 0.02%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN GROUP LLC / NEUBERGER BERMAN FINANCE CORP                       | NEUBERGER BERMAN GRP/FIN SR UNSECURED 144A 03/27 4.5       | CUSIP: 64128XAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6200000 | PA      | $5902417.36     | 0.02%             | 2027-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN GROUP LLC / NEUBERGER BERMAN FINANCE CORP                       | NEUBERGER BERMAN GRP/FIN SR UNSECURED 144A 04/45 4.875     | CUSIP: 64128XAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    13688000 | PA      | $11107163.74    | 0.05%             | 2045-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TURNPIKE AUTHORITY                                                    | NEW JERSEY ST TURNPIKE AUTH TU NJSTRN 01/41 FIXED 7.102    | CUSIP: 646139X83<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |     8980000 | PA      | $10849873.97    | 0.05%             | 2041-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST HOSP                                                               | NEW MEXICO ST HOSP EQUIPMENT L NMSMED 08/46 FIXED 4.406    | CUSIP: 647370HY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     6100000 | PA      | $5115115.96     | 0.02%             | 2046-08-01      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/27 4.625          | CUSIP: 00774MAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    16500000 | PA      | $15351436.65    | 0.07%             | 2027-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2020-RPL1                                    | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2020 RPL1 A1 144A       | CUSIP: 64828XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    11363504 | PA      | $10410612.49    | 0.04%             | 2059-11-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/28 3              | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    22300000 | PA      | $18722755.31    | 0.08%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY                                      | NEW YORK CITY NY INDL DEV AGY NYCDEV 01/46 FIXED 6.027     | CUSIP: 64971PEC5<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |      490000 | PA      | $476195.57      | 0.00%             | 2046-01-01      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/41 3.85           | CUSIP: 00774MAZ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     6200000 | PA      | $4405285.88     | 0.02%             | 2041-10-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AEROPORTI DI ROMA SPA                                                            | AEROPORTI DI ROMA SPA SR UNSECURED REGS 07/31 1.75         | CUSIP: BM9CM7II8<br>LEI: 8156007259ABDEA3F444 | Long             | DBT              | CORP              | IT        |     4600000 | PA      | $3677667.96     | 0.02%             | 2031-07-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/40 FIXED 5.467     | CUSIP: 64971MS86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     6700000 | PA      | $6569995.88     | 0.03%             | 2040-05-01      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 08/37 FIXED 5.508     | CUSIP: 64971M4P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      800000 | PA      | $822552.08      | 0.00%             | 2037-08-01      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/38 FIXED 5.572     | CUSIP: 64971M5L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     9000000 | PA      | $9248445.90     | 0.04%             | 2038-11-01      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INSURANCE COMPANY                                                  | NEW YORK LIFE INSURANCE SUBORDINATED 144A 05/69 4.45       | CUSIP: 64952GAQ1<br>LEI: TAE73CY392TBWJ3O3305 | Long             | DBT              | CORP              | US        |    16700000 | PA      | $13843880.16    | 0.06%             | 2069-05-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INSURANCE COMPANY                                                  | NEW YORK LIFE INSURANCE SUBORDINATED 144A 11/39 6.75       | CUSIP: 64952GAF5<br>LEI: TAE73CY392TBWJ3O3305 | Long             | DBT              | CORP              | US        |     4260000 | PA      | $4767940.42     | 0.02%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ELECTRIC & GAS CORP                                                  | NY STATE ELECTRIC + GAS SR UNSECURED 144A 09/49 3.3        | CUSIP: 649840CR4<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |     8800000 | PA      | $5956478.53     | 0.03%             | 2049-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| AES CORPORATION                                                                  | AES CORP/THE SR UNSECURED 144A 07/30 3.95                  | CUSIP: 00130HCC7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     7000000 | PA      | $6206200.00     | 0.03%             | 2030-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AETNA INC                                                                        | AETNA INC SR UNSECURED 03/44 4.75                          | CUSIP: 00817YAP3<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |       50000 | PA      | $44298.22       | 0.00%             | 2044-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AETNA INC                                                                        | AETNA INC SR UNSECURED 12/37 6.75                          | CUSIP: 00817YAG3<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     4085000 | PA      | $4400083.69     | 0.02%             | 2037-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/33 FIXED 5.289    | CUSIP: 6499022E2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      500000 | PA      | $505460.75      | 0.00%             | 2033-03-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/39 FIXED 5.427    | CUSIP: 64990FMV3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     1200000 | PA      | $1219920.24     | 0.01%             | 2039-03-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/40 FIXED 5.389    | CUSIP: 6499022F9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      200000 | PA      | $203224.40      | 0.00%             | 2040-03-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSHGR 09/27 FIXED 5.051    | CUSIP: 649902T45<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     2735000 | PA      | $2739526.15     | 0.01%             | 2027-09-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE URBAN DEVELOPMENT CORPORATION                                     | NEW YORK ST URBAN DEV CORP REV NYSDEV 03/39 FIXED 5.77     | CUSIP: 650035TD0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     9410000 | PA      | $9673495.06     | 0.04%             | 2039-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| NEWCREST FINANCE PTY LIMITED                                                     | NEWCREST FINANCE PTY LTD COMPANY GUAR 144A 11/41 5.75      | CUSIP: 65120FAB0<br>LEI: 549300I0XDZ4K7PDSS04 | Long             | DBT              | CORP              | AU        |    22905000 | PA      | $20973244.75    | 0.09%             | 2041-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC SR UNSECURED 04/36 5.625                 | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     2309000 | PA      | $1986635.82     | 0.01%             | 2036-04-01      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORPORATION                                                              | NEWMONT CORP COMPANY GUAR 06/44 5.45                       | CUSIP: 651639AV8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    31100000 | PA      | $29756941.84    | 0.13%             | 2044-06-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORPORATION                                                              | NEWMONT CORP COMPANY GUAR 10/39 6.25                       | CUSIP: 651639AM8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     1710000 | PA      | $1792830.07     | 0.01%             | 2039-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                                              | NEXTERA ENERGY CAPITAL COMPANY GUAR 05/79 VAR              | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     5100000 | PA      | $4642468.39     | 0.02%             | 2079-05-01      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| NGPL PIPECO LLC                                                                  | NGPL PIPECO LLC SR UNSECURED 144A 07/31 3.25               | CUSIP: 62928CAA0<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $8160209.70     | 0.03%             | 2031-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NGPL PIPECO LLC                                                                  | NGPL PIPECO LLC SR UNSECURED 144A 12/37 7.768              | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |     1100000 | PA      | $1149497.79     | 0.00%             | 2037-12-15      | Fixed         | 7.77%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER CORPORATION                                                 | NIAGARA MOHAWK POWER SR UNSECURED 144A 09/52 5.783         | CUSIP: 65364UAS5<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    13550000 | PA      | $13582647.91    | 0.06%             | 2052-09-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER CORPORATION                                                 | NIAGARA MOHAWK POWER SR UNSECURED 144A 11/42 4.119         | CUSIP: 65364UAE6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     3850000 | PA      | $2996651.08     | 0.01%             | 2042-11-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE COMPANY                                                    | NIPPON LIFE INSURANCE SUBORDINATED 144A 01/51 VAR          | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    36900000 | PA      | $29662349.87    | 0.13%             | 2051-01-21      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE COMPANY                                                    | NIPPON LIFE INSURANCE SUBORDINATED 144A 10/44 VAR          | CUSIP: 654579AD3<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    15650000 | PA      | $15312341.70    | 0.06%             | 2044-10-16      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NISOURCE INC SR UNSECURED 02/42 5.8                        | CUSIP: 65473QAZ6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     6723000 | PA      | $6312467.40     | 0.03%             | 2042-02-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NISOURCE INC SR UNSECURED 02/45 5.65                       | CUSIP: 65473QBD4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     8640000 | PA      | $8476008.83     | 0.04%             | 2045-02-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NISOURCE INC SR UNSECURED 03/48 3.95                       | CUSIP: 65473QBG7<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     6830000 | PA      | $5329948.48     | 0.02%             | 2048-03-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NISOURCE INC SR UNSECURED 05/47 4.375                      | CUSIP: 65473QBF9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    14845000 | PA      | $12484756.19    | 0.05%             | 2047-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                                              | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 03/23 3.45       | CUSIP: 654740BH1<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |      215000 | PA      | $214089.74      | 0.00%             | 2023-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                                              | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 03/26 2          | CUSIP: 654740BS7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    39200000 | PA      | $33753178.03    | 0.14%             | 2026-03-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                                              | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 03/28 2.75       | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    11000000 | PA      | $8926901.06     | 0.04%             | 2028-03-09      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AGREE LIMITED PARTNERSHIP                                                        | AGREE LP COMPANY GUAR 10/32 4.8                            | CUSIP: 008513AD5<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              | CORP              | US        |     5300000 | PA      | $4919317.01     | 0.02%             | 2032-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                                              | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 09/23 3.875      | CUSIP: 654740BL2<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $7854279.12     | 0.03%             | 2023-09-21      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AIA GROUP LIMITED                                                                | AIA GROUP LTD SR UNSECURED 144A 04/28 3.9                  | CUSIP: 00131LAF2<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     2200000 | PA      | $2069884.45     | 0.01%             | 2028-04-06      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO LTD                                                              | NISSAN MOTOR CO SR UNSECURED 144A 09/27 4.345              | CUSIP: 654744AC5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |     6600000 | PA      | $5994889.96     | 0.03%             | 2027-09-17      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO LTD                                                              | NISSAN MOTOR CO SR UNSECURED 144A 09/30 4.81               | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    10400000 | PA      | $8848992.78     | 0.04%             | 2030-09-17      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| AIA GROUP LIMITED                                                                | AIA GROUP LTD SUBORDINATED 144A 09/40 3.2                  | CUSIP: 00131LAK1<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     3900000 | PA      | $2790491.50     | 0.01%             | 2040-09-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | NOMURA HOLDINGS INC SR UNSECURED 01/30 3.103               | CUSIP: 65535HAQ2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     4700000 | PA      | $3930015.36     | 0.02%             | 2030-01-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | NOMURA HOLDINGS INC SR UNSECURED 01/32 2.999               | CUSIP: 65535HBA6<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    14100000 | PA      | $11097347.33    | 0.05%             | 2032-01-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | NOMURA HOLDINGS INC SR UNSECURED 07/28 2.172               | CUSIP: 65535HAY5<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    15900000 | PA      | $13156038.90    | 0.06%             | 2028-07-14      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | NOMURA HOLDINGS INC SR UNSECURED 07/30 2.679               | CUSIP: 65535HAS8<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     8000000 | PA      | $6414935.60     | 0.03%             | 2030-07-16      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| AIM AVIATION FINANCE LIMITED 2015-1A                                             | DCAL AVIATION FINANCE LIMITED DCAL 2015 1A A1 144A         | CUSIP: 001406AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    10031192 | PA      | $6855447.15     | 0.03%             | 2040-02-15      | Variable      | 6.21%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | NOMURA HOLDINGS INC SR UNSECURED 07/31 2.608               | CUSIP: 65535HAX7<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    12400000 | PA      | $9619633.81     | 0.04%             | 2031-07-14      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                                                  | NORDEA BANK ABP JR SUBORDINA 144A 12/99 VAR                | CUSIP: 65559CAD3<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |     5700000 | PA      | $4414951.47     | 0.02%             | 2029-03-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORPORATION                                                     | NORFOLK SOUTHERN CORP SR UNSECURED 05/21 4.1               | CUSIP: 655844CJ5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     9700000 | PA      | $6755920.21     | 0.03%             | 2121-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORPORATION                                                     | NORFOLK SOUTHERN CORP SR UNSECURED 08/52 4.05              | CUSIP: 655844BV9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     2510000 | PA      | $2023659.31     | 0.01%             | 2052-08-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORPORATION                                                     | NORFOLK SOUTHERN CORP SR UNSECURED 11/47 3.942             | CUSIP: 655844BX5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     4994000 | PA      | $4021543.70     | 0.02%             | 2047-11-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2013-1 CLASS A PASS THROUGH CERTIFICATES                              | AIR CANADA 2013 1A PTT PASS THRU CE 144A 11/26 4.125       | CUSIP: 009089AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    10609690 | PA      | $9717244.39     | 0.04%             | 2026-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NORTHERN CALIFORNIA POWER AGENCY                                                 | NTHRN CA PWR AGY REVENUE NORPWR 06/40 FIXED 7.311          | CUSIP: 664845DQ4<br>LEI: 549300QYTU4PHD2XHS96 | Long             | DBT              | MUN               | US        |      500000 | PA      | $585041.35      | 0.00%             | 2040-06-01      | Fixed         | 7.31%                 | No            |                  2 | On Loan: No      |
| NORTHERN NATURAL GAS COMPANY                                                     | NORTHERN NATURAL GAS CO SR UNSECURED 144A 01/49 4.3        | CUSIP: 665501AL6<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |    18375000 | PA      | $14698767.77    | 0.06%             | 2049-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NORTHERN NATURAL GAS COMPANY                                                     | NORTHERN NATURAL GAS CO SR UNSECURED 144A 09/42 4.1        | CUSIP: 665501AK8<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |    14000000 | PA      | $10644055.66    | 0.05%             | 2042-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| NORTHERN NATURAL GAS COMPANY                                                     | NORTHERN NATURAL GAS CO SR UNSECURED 144A 10/51 3.4        | CUSIP: 665501AM4<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |     3500000 | PA      | $2375770.95     | 0.01%             | 2051-10-16      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES POWER COMPANY OF MINNESOTA                                       | NORTHERN STATES PWR MINN 1ST MORTGAGE 06/52 4.5            | CUSIP: 665772CV9<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     6800000 | PA      | $6200818.68     | 0.03%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORPORATION                                                     | NORTHROP GRUMMAN CORP SR UNSECURED 04/45 3.85              | CUSIP: 666807BJ0<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     9500000 | PA      | $7622100.52     | 0.03%             | 2045-04-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NORTHWELL HEALTHCARE INC                                                         | NORTHWELL HEALTHCARE INC SECURED 11/49 3.809               | CUSIP: 667274AD6<br>LEI: 54930073NUTKK4QD3P47 | Long             | DBT              | CORP              | US        |    14900000 | PA      | $10697196.34    | 0.05%             | 2049-11-01      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE INSURANCE CO                                            | NORTHWESTERN MUTUAL LIFE SUBORDINATED 144A 03/40 6.063     | CUSIP: 668131AA3<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |        1000 | PA      | $1026.63        | 0.00%             | 2040-03-30      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE INSURANCE CO                                            | NORTHWESTERN MUTUAL LIFE SUBORDINATED 144A 03/51 3.45      | CUSIP: 668138AE0<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |    31400000 | PA      | $22064219.20    | 0.09%             | 2051-03-30      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE INSURANCE CO                                            | NORTHWESTERN MUTUAL LIFE SUBORDINATED 144A 09/47 3.85      | CUSIP: 668138AA8<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |    10340000 | PA      | $7936794.78     | 0.03%             | 2047-09-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE INSURANCE CO                                            | NORTHWESTERN MUTUAL LIFE SUBORDINATED 144A 09/59 3.625     | CUSIP: 668138AC4<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |    62990000 | PA      | $43652075.67    | 0.18%             | 2059-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| NPC UKRENERGO                                                                    | NPC UKRENERGO GOVT GUARANT REGS 11/28 6.875                | CUSIP: ACI21LG55<br>LEI: 8945009LCLS92V4AK321 | Long             | DBT              | CORP              | UA        |      800000 | PA      | $142380.00      | 0.00%             | 2028-11-09      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC COMPANY                                                           | NSTAR ELECTRIC CO SR UNSECURED 03/44 4.4                   | CUSIP: 67021CAJ6<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1321087.16     | 0.01%             | 2044-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC COMPANY                                                           | NSTAR ELECTRIC CO SR UNSECURED 06/52 4.55                  | CUSIP: 67021CAS6<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     5900000 | PA      | $5343872.25     | 0.02%             | 2052-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC COMPANY                                                           | NSTAR ELECTRIC CO SR UNSECURED 09/52 4.95                  | CUSIP: 67021CAT4<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     9200000 | PA      | $8944297.50     | 0.04%             | 2052-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-2 CLASS A PASS THROUGH TRUST                                     | AIR CANADA 2020 2A PTT PASS THRU CE 144A 10/30 5.25        | CUSIP: 00909DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     5988748 | PA      | $5666867.91     | 0.02%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NUCOR CORPORATION                                                                | NUCOR CORP SR UNSECURED 04/52 3.85                         | CUSIP: 670346AW5<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     6100000 | PA      | $4704679.17     | 0.02%             | 2052-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NXP BV / NXP FUNDING LLC / NXP USA INC                                           | NXP BV/NXP FDG/NXP USA COMPANY GUAR 01/33 5                | CUSIP: 62954HBB3<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     3800000 | PA      | $3600271.96     | 0.02%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NXP BV / NXP FUNDING LLC / NXP USA INC                                           | NXP BV/NXP FDG/NXP USA COMPANY GUAR 05/27 3.15             | CUSIP: 62954HAX6<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     1800000 | PA      | $1635414.71     | 0.01%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NXP BV / NXP FUNDING LLC / NXP USA INC                                           | NXP BV/NXP FDG/NXP USA COMPANY GUAR 05/41 3.25             | CUSIP: 62954HAU2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     3300000 | PA      | $2314654.82     | 0.01%             | 2041-05-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                                                           | NXP BV/NXP FUNDING LLC COMPANY GUAR 03/26 5.35             | CUSIP: 62947QBB3<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    10000000 | PA      | $9955093.30     | 0.04%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                                                           | NXP BV/NXP FUNDING LLC COMPANY GUAR 12/28 5.55             | CUSIP: 62947QBC1<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     2200000 | PA      | $2201791.55     | 0.01%             | 2028-12-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LIMITED                                                                | AIRCASTLE LTD SR UNSECURED 144A 01/28 2.85                 | CUSIP: 00928QAU5<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    12500000 | PA      | $10242631.00    | 0.04%             | 2028-01-26      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| OCHSNER LSU HEALTH SYSTEM OF NORTH LOUISIANA                                     | OCHSNER LSU HEALTH SYST SECURED 05/31 2.51                 | CUSIP: 67555JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5600000 | PA      | $4120557.90     | 0.02%             | 2031-05-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| ODEBRECHT DRILLING NORBE VIII/IX LTD                                             | ODEBRECHT DRILL VIII/IX SR SECURED 144A 12/26 7.35         | CUSIP: 675757AC2<br>LEI: 549300YNW6BY570L6488 | Long             | DBT              | CORP              | KY        |     8129159 | PA      | $4491360.35     | 0.02%             | 2026-12-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| ODEBRECHT OFFSHORE DRILLING FINANCE LIMITED                                      | ODBRCHT OFFSHRE DRLL FIN SR SECURED 144A 12/26 7.72        | CUSIP: 67576GAD9<br>LEI: 549300L7LF2PIRAWID66 | Long             | DBT              | CORP              | KY        |     7612105 | PA      | $2036238.09     | 0.01%             | 2026-12-01      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| ODEBRECHT OIL & GAS FINANCE LIMITED                                              | ODEBRECHT OIL + FINANCE COMPANY GUAR 144A 12/99 0.0000     | CUSIP: 67576JAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     4490624 | PA      | $11002.03       | 0.00%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION)                | OGLETHORPE POWER CORP 1ST MORTGAGE 08/50 3.75              | CUSIP: 677050AQ9<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    10600000 | PA      | $7650967.64     | 0.03%             | 2050-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION)                | OGLETHORPE POWER CORP 1ST MORTGAGE 09/50 5.25              | CUSIP: 677050AH9<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    25000000 | PA      | $21510010.50    | 0.09%             | 2050-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION)                | OGLETHORPE POWER CORP 1ST MORTGAGE 10/48 5.05              | CUSIP: 677050AN6<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    28500000 | PA      | $24504013.86    | 0.10%             | 2048-10-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION)                | OGLETHORPE POWER CORP 1ST MORTGAGE 144A 04/47 4.5          | CUSIP: 677050AR7<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    35100000 | PA      | $28035218.02    | 0.12%             | 2047-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON COMPANY                                                              | OHIO EDISON CO 1ST MORTGAGE 10/38 8.25                     | CUSIP: 677347CF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1194930.28     | 0.01%             | 2038-10-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON COMPANY                                                              | OHIO EDISON CO SR UNSECURED 07/36 6.875                    | CUSIP: 677347CE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3500000 | PA      | $3791734.73     | 0.02%             | 2036-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON COMPANY                                                              | OHIO EDISON CO SR UNSECURED 144A 01/33 5.5                 | CUSIP: 677347CH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3976114.80     | 0.02%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OHIO NATIONAL LIFE INSURANCE CO                                                  | OHIO NATIONAL LIFE INS SUBORDINATED 144A 06/42 6.875       | CUSIP: 677412AF5<br>LEI: 549300WW3O2Q3BIJEF68 | Long             | DBT              | CORP              | US        |      400000 | PA      | $379513.61      | 0.00%             | 2042-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | OHIO POWER COMPANY SR UNSECURED 10/51 2.9                  | CUSIP: 677415CU3<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     5600000 | PA      | $3669115.69     | 0.02%             | 2051-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| OHIO STATE UNIVERSITY                                                            | OHIO ST UNIV OHSHGR 06/11 FIXED OID 4.8                    | CUSIP: 677632PA3<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |       67000 | PA      | $55335.51       | 0.00%             | 2111-06-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER COMPANY                                                            | ALABAMA POWER CO SR UNSECURED 06/41 5.2                    | CUSIP: 010392FF0<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |      200000 | PA      | $187095.22      | 0.00%             | 2041-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER COMPANY                                                            | ALABAMA POWER CO SR UNSECURED 07/48 4.3                    | CUSIP: 010392FS2<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     8700000 | PA      | $7280338.26     | 0.03%             | 2048-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA GAS AND ELECTRIC COMPANY                                                | OKLAHOMA G+E CO SR UNSECURED 06/40 5.85                    | CUSIP: 678858BL4<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3925183.56     | 0.02%             | 2040-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| OLD REPUBLIC INTERNATIONAL CORPORATION                                           | OLD REPUBLIC INTL CORP SR UNSECURED 06/51 3.85             | CUSIP: 680223AL8<br>LEI: 549300IV6O2YY2A1KH37 | Long             | DBT              | CORP              | US        |    37900000 | PA      | $26153613.58    | 0.11%             | 2051-06-11      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS INC                                                   | OMEGA HLTHCARE INVESTORS COMPANY GUAR 01/26 5.25           | CUSIP: 681936BH2<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $14705160.60    | 0.06%             | 2026-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS INC                                                   | OMEGA HLTHCARE INVESTORS COMPANY GUAR 01/28 4.75           | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |     7900000 | PA      | $7293536.36     | 0.03%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS INC                                                   | OMEGA HLTHCARE INVESTORS COMPANY GUAR 02/31 3.375          | CUSIP: 681936BM1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |      500000 | PA      | $386499.79      | 0.00%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER COMPANY                                                            | ALABAMA POWER CO SR UNSECURED 09/32 3.94                   | CUSIP: 010392FZ6<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     5500000 | PA      | $5067850.48     | 0.02%             | 2032-09-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS INC                                                   | OMEGA HLTHCARE INVESTORS COMPANY GUAR 10/29 3.625          | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3289649.20     | 0.01%             | 2029-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER COMPANY                                                            | ALABAMA POWER CO SR UNSECURED 10/49 3.45                   | CUSIP: 010392FT0<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     3600000 | PA      | $2610425.95     | 0.01%             | 2049-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 01/33 7.25              | CUSIP: 68233DAP2<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     1900000 | PA      | $2212691.47     | 0.01%             | 2033-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 06/42 5.3               | CUSIP: 68233JAS3<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |      600000 | PA      | $600127.61      | 0.00%             | 2042-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 09/38 7.5               | CUSIP: 68233JAF1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     2590000 | PA      | $3143266.14     | 0.01%             | 2038-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 09/40 5.25              | CUSIP: 68233JAH7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    15100000 | PA      | $15044067.18    | 0.06%             | 2040-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 09/49 3.1               | CUSIP: 68233JBR4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $4275447.72     | 0.02%             | 2049-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 11/48 4.1               | CUSIP: 68233JBG8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |      421000 | PA      | $357958.53      | 0.00%             | 2048-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 144A 06/52 4.6          | CUSIP: 68233JCG7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2761052.01     | 0.01%             | 2052-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 144A 09/52 4.95         | CUSIP: 68233JCL6<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     2100000 | PA      | $2039702.01     | 0.01%             | 2052-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER COMPANY                                                            | ALABAMA POWER CO SR UNSECURED 12/42 3.85                   | CUSIP: 010392FJ2<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     2950000 | PA      | $2389065.14     | 0.01%             | 2042-12-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER COMPANY                                                            | ALABAMA POWER CO SR UNSECURED 12/47 3.7                    | CUSIP: 010392FR4<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |      100000 | PA      | $76638.63       | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ONE NEW YORK PLAZA TRUST 2020-1NYP                                               | ONE NEW YORK PLAZA TRUST 2020 ONYP 2020 1NYP A 144A        | CUSIP: 68249DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     8000000 | PA      | $7562412.80     | 0.03%             | 2036-01-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| ONEAMERICA FINANCIAL PARTNERS INC                                                | ONEAMERICA FINL PARTNERS SR UNSECURED 144A 10/50 4.25      | CUSIP: 682441AB6<br>LEI: 5493009S1SVD6UNUDB08 | Long             | DBT              | CORP              | US        |     5400000 | PA      | $3866626.91     | 0.02%             | 2050-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK INC COMPANY GUAR 01/51 7.15                          | CUSIP: 682680BF9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     7000000 | PA      | $7149142.77     | 0.03%             | 2051-01-15      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK INC COMPANY GUAR 07/27 4                             | CUSIP: 682680AS2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     2730000 | PA      | $2572829.18     | 0.01%             | 2027-07-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK INC COMPANY GUAR 07/47 4.95                          | CUSIP: 682680AT0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     4900000 | PA      | $3968977.51     | 0.02%             | 2047-07-13      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK INC COMPANY GUAR 07/48 5.2                           | CUSIP: 682680AV5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    67423000 | PA      | $56465561.70    | 0.24%             | 2048-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ONEOK PARTNERS LP                                                                | ONEOK PARTNERS LP COMPANY GUAR 02/41 6.125                 | CUSIP: 68268NAG8<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |    27327000 | PA      | $25892868.11    | 0.11%             | 2041-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ONEOK PARTNERS LP                                                                | ONEOK PARTNERS LP COMPANY GUAR 09/43 6.2                   | CUSIP: 68268NAM5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |    47644000 | PA      | $45447564.43    | 0.19%             | 2043-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ONEOK PARTNERS LP                                                                | ONEOK PARTNERS LP COMPANY GUAR 10/36 6.65                  | CUSIP: 68268NAC7<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     4765000 | PA      | $4788471.68     | 0.02%             | 2036-10-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| ONEOK PARTNERS LP                                                                | ONEOK PARTNERS LP COMPANY GUAR 10/37 6.85                  | CUSIP: 68268NAD5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     8494000 | PA      | $8594840.26     | 0.04%             | 2037-10-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| ONTARIO TEACHERS CADILLAC FAIRVIEW PROPERTIES TRUST                              | CADILLAC FAIRVIEW PRP TR SR UNSECURED 144A 03/27 3.875     | CUSIP: 68327LAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     3900000 | PA      | $3599802.49     | 0.02%             | 2027-03-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALAMEDA COUNTY JOINT POWERS AUTHORITY                                            | ALAMEDA CNTY CA JT PWRS AUTH L ALAUTL 12/44 FIXED 7.046    | CUSIP: 010831BE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     7000000 | PA      | $8438378.20     | 0.04%             | 2044-12-01      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| ALASKA AIRLINES 2020-1 CLASS A PASS THROUGH TRUST                                | ALASKA AIRLINES 2020 TR PASS THRU CE 144A 02/29 4.8        | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    16695824 | PA      | $15920289.80    | 0.07%             | 2029-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 03/41 3.65                        | CUSIP: 68389XBZ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    18500000 | PA      | $13726268.51    | 0.06%             | 2041-03-25      | Fixed         | 3.65%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 03/51 3.95                        | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $5376156.38     | 0.02%             | 2051-03-25      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 03/61 4.1                         | CUSIP: 68389XCB9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    50450000 | PA      | $35250666.16    | 0.15%             | 2061-03-25      | Fixed         | 4.10%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 04/40 3.6                         | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    22300000 | PA      | $16440282.30    | 0.07%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 04/50 3.6                         | CUSIP: 68389XBX2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    32670000 | PA      | $22132292.48    | 0.09%             | 2050-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 04/60 3.85                        | CUSIP: 68389XBY0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    61842000 | PA      | $41362824.42    | 0.18%             | 2060-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 05/35 3.9                         | CUSIP: 68389XBE4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4197730.20     | 0.02%             | 2035-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 05/45 4.125                       | CUSIP: 68389XBF1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     5100000 | PA      | $3867456.53     | 0.02%             | 2045-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 07/36 3.85                        | CUSIP: 68389XBH7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1231713.96     | 0.01%             | 2036-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 07/44 4.5                         | CUSIP: 68389XAW5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     1400000 | PA      | $1132443.06     | 0.00%             | 2044-07-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 07/46 4                           | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    15350000 | PA      | $11249467.01    | 0.05%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 11/37 3.8                         | CUSIP: 68389XBP9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     8405000 | PA      | $6684754.70     | 0.03%             | 2037-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 11/47 4                           | CUSIP: 68389XBQ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    64510000 | PA      | $47424913.56    | 0.20%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                               | ORACLE CORP SR UNSECURED 11/52 6.9                         | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    20000000 | PA      | $21513302.60    | 0.09%             | 2052-11-09      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| ORLANDO HEALTH OBLIGATED GROUP                                                   | ORLANDO HEALTH OBL GRP SR UNSECURED 10/50 3.327            | CUSIP: 686514AH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8500000 | PA      | $5921541.07     | 0.03%             | 2050-10-01      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING INC                                                                | OWENS CORNING SR UNSECURED 01/48 4.4                       | CUSIP: 690742AH4<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    22600000 | PA      | $17608076.97    | 0.07%             | 2048-01-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING INC                                                                | OWENS CORNING SR UNSECURED 07/47 4.3                       | CUSIP: 690742AG6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    19940000 | PA      | $15430180.17    | 0.07%             | 2047-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING INC                                                                | OWENS CORNING SR UNSECURED 12/36 7                         | CUSIP: 690742AB7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |      246000 | PA      | $261346.03      | 0.00%             | 2036-12-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORPORATION                                                     | OWL ROCK CAPITAL CORP SR UNSECURED 06/28 2.875             | CUSIP: 69121KAG9<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     2600000 | PA      | $2045570.07     | 0.01%             | 2028-06-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 01/26 3.15             | CUSIP: 694308JP3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    25532000 | PA      | $23752208.45    | 0.10%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 02/24 3.75             | CUSIP: 694308HG5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1763597.34     | 0.01%             | 2024-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 02/31 2.5              | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    22900000 | PA      | $17820015.83    | 0.08%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 02/44 4.75             | CUSIP: 694308HH3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    15157000 | PA      | $11654513.16    | 0.05%             | 2044-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/26 2.95             | CUSIP: 694308HP5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      300000 | PA      | $275288.70      | 0.00%             | 2026-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/27 3.3              | CUSIP: 694308HS9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     4910000 | PA      | $4374803.96     | 0.02%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORPORATION                                                        | ALCON FINANCE CORP COMPANY GUAR 144A 09/29 3               | CUSIP: 01400EAB9<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |      500000 | PA      | $436508.14      | 0.00%             | 2029-09-23      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/45 4.3              | CUSIP: 694308HL4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     9100000 | PA      | $6485594.12     | 0.03%             | 2045-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/46 4.25             | CUSIP: 694308HN0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    26543000 | PA      | $18563997.95    | 0.08%             | 2046-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/52 5.25             | CUSIP: 694308KD8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1641870.80     | 0.01%             | 2052-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/28 3                | CUSIP: 694308JW8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $866429.34      | 0.00%             | 2028-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/43 4.6              | CUSIP: 694308HD2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    10454000 | PA      | $7936401.23     | 0.03%             | 2043-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/25 3.45             | CUSIP: 694308JL2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     7046000 | PA      | $6676656.92     | 0.03%             | 2025-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/28 3.75             | CUSIP: 694308JK4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     4564000 | PA      | $4056428.61     | 0.02%             | 2028-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/30 4.55             | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    10826000 | PA      | $9838017.29     | 0.04%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/40 4.5              | CUSIP: 694308JQ1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    25910000 | PA      | $20344871.94    | 0.09%             | 2040-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/50 4.95             | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    37576500 | PA      | $29276910.06    | 0.12%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 08/24 3.4              | CUSIP: 694308HK6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $960210.75      | 0.00%             | 2024-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 08/27 2.1              | CUSIP: 694308JF5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     4200000 | PA      | $3593294.67     | 0.02%             | 2027-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                                              | ALEXANDRIA REAL ESTATE E COMPANY GUAR 02/50 4              | CUSIP: 015271AS8<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    13100000 | PA      | $9989094.79     | 0.04%             | 2050-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 08/28 4.65             | CUSIP: 694308JC2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    17000000 | PA      | $15662026.90    | 0.07%             | 2028-08-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 08/40 3.3              | CUSIP: 694308JH1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    11300000 | PA      | $7689403.32     | 0.03%             | 2040-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 08/42 3.75             | CUSIP: 694308HA8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    18181000 | PA      | $12260515.71    | 0.05%             | 2042-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 08/50 3.5              | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    68788000 | PA      | $42986525.76    | 0.18%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                                              | ALEXANDRIA REAL ESTATE E COMPANY GUAR 03/52 3.55           | CUSIP: 015271AZ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    18300000 | PA      | $13127483.96    | 0.06%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/27 3.3              | CUSIP: 694308HW0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     8000000 | PA      | $7073267.68     | 0.03%             | 2027-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/41 4.5              | CUSIP: 694308GY7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    22000000 | PA      | $15610187.56    | 0.07%             | 2041-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                                              | ALEXANDRIA REAL ESTATE E COMPANY GUAR 04/25 3.45           | CUSIP: 015271AL3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |      700000 | PA      | $677616.93      | 0.00%             | 2025-04-30      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                                              | ALEXANDRIA REAL ESTATE E COMPANY GUAR 04/49 4.85           | CUSIP: 015271AQ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |      900000 | PA      | $766696.56      | 0.00%             | 2049-04-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/46 4                | CUSIP: 694308HR1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    22370000 | PA      | $15058762.79    | 0.06%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/47 3.95             | CUSIP: 694308HY6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    12183000 | PA      | $8307146.68     | 0.04%             | 2047-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC SR SECURED 06/31 3.25               | CUSIP: 694308JT5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     9500000 | PA      | $7744946.25     | 0.03%             | 2031-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                                              | ALEXANDRIA REAL ESTATE E COMPANY GUAR 05/32 2              | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    13500000 | PA      | $10372720.82    | 0.04%             | 2032-05-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC SR SECURED 06/41 4.2                | CUSIP: 694308JU2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1488095.30     | 0.01%             | 2041-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE INSURANCE COMPANY                                                   | PACIFIC LIFE INSURANCE C SUBORDINATED 144A 06/39 9.25      | CUSIP: 694475AA2<br>LEI: 8WC3XYHE06SQFW7CQK10 | Long             | DBT              | CORP              | US        |    63816000 | PA      | $84519269.04    | 0.36%             | 2039-06-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFECORP                                                                 | PACIFIC LIFECORP SR UNSECURED 144A 09/50 3.35              | CUSIP: 694476AE2<br>LEI: VFN8KLUEIK7XMVX1JM30 | Long             | DBT              | CORP              | US        |     5700000 | PA      | $3893229.90     | 0.02%             | 2050-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PACIFIC NATIONAL FINANCE PTY LTD                                                 | PACIFIC NATIONAL FINANCE COMPANY GUAR 144A 04/23 6         | CUSIP: 04363UAD8<br>LEI: 213800SSTRDXLWWVF948 | Long             | DBT              | CORP              | AU        |    19900000 | PA      | $19891914.43    | 0.08%             | 2023-04-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC NATIONAL FINANCE PTY LTD                                                 | PACIFIC NATIONAL FINANCE COMPANY GUAR REGS 03/28 4.75      | CUSIP: BYVTPZII5<br>LEI: 213800SSTRDXLWWVF948 | Long             | DBT              | CORP              | AU        |    14885000 | PA      | $13219740.63    | 0.06%             | 2028-03-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                                              | ALEXANDRIA REAL ESTATE E COMPANY GUAR 05/51 3              | CUSIP: 015271AX7<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |     9500000 | PA      | $6047041.56     | 0.03%             | 2051-05-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP 1ST MORTGAGE 01/49 4.125                        | CUSIP: 695114CT3<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     6400000 | PA      | $5269307.39     | 0.02%             | 2049-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP 1ST MORTGAGE 03/51 3.3                          | CUSIP: 695114CX4<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    16000000 | PA      | $11567942.08    | 0.05%             | 2051-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP 1ST MORTGAGE 06/52 2.9                          | CUSIP: 695114CY2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    22703000 | PA      | $14926023.55    | 0.06%             | 2052-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP 1ST MORTGAGE 12/53 5.35                         | CUSIP: 695114CZ9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $2489771.68     | 0.01%             | 2053-12-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PACKAGING CORP OF AMERICA INC                                                    | PACKAGING CORP OF AMERIC SR UNSECURED 12/49 4.05           | CUSIP: 695156AV1<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     3100000 | PA      | $2377821.55     | 0.01%             | 2049-12-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LIMITED                                                    | ALIBABA GROUP HOLDING SR UNSECURED 02/31 2.125             | CUSIP: 01609WAX0<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    13400000 | PA      | $10700859.71    | 0.05%             | 2031-02-09      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LIMITED                                                    | ALIBABA GROUP HOLDING SR UNSECURED 02/41 2.7               | CUSIP: 01609WAY8<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    38869000 | PA      | $24918379.51    | 0.11%             | 2041-02-09      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LIMITED                                                    | ALIBABA GROUP HOLDING SR UNSECURED 02/51 3.15              | CUSIP: 01609WAZ5<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     1150000 | PA      | $718541.44      | 0.00%             | 2051-02-09      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LIMITED                                                    | ALIBABA GROUP HOLDING SR UNSECURED 02/61 3.25              | CUSIP: 01609WBA9<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    24200000 | PA      | $14577199.85    | 0.06%             | 2061-02-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | PARAMOUNT GLOBAL SR UNSECURED 07/42 4.85                   | CUSIP: 124857AJ2<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     1834000 | PA      | $1363679.01     | 0.01%             | 2042-07-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LIMITED                                                    | ALIBABA GROUP HOLDING SR UNSECURED 11/34 4.5               | CUSIP: 01609WAR3<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    10850000 | PA      | $9777463.61     | 0.04%             | 2034-11-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LIMITED                                                    | ALIBABA GROUP HOLDING SR UNSECURED 12/37 4                 | CUSIP: 01609WAU6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    21700000 | PA      | $18142983.09    | 0.08%             | 2037-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LIMITED                                                    | ALIBABA GROUP HOLDING SR UNSECURED 12/47 4.2               | CUSIP: 01609WAV4<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    17900000 | PA      | $13743354.54    | 0.06%             | 2047-12-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LIMITED                                                    | ALIBABA GROUP HOLDING SR UNSECURED 12/57 4.4               | CUSIP: 01609WAW2<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     7600000 | PA      | $5842824.22     | 0.02%             | 2057-12-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PASADENA PUBLIC FINANCING AUTHORITY                                              | PASADENA CA PUBLIC FING AUTH L PASGEN 03/43 FIXED 7.148    | CUSIP: 702274AW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    10400000 | PA      | $12229598.16    | 0.05%             | 2043-03-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PAYPAL HOLDINGS INC SR UNSECURED 06/52 5.05                | CUSIP: 70450YAM5<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    11000000 | PA      | $10020938.62    | 0.04%             | 2052-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PAYPAL HOLDINGS INC SR UNSECURED 06/62 5.25                | CUSIP: 70450YAN3<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $13714291.05    | 0.06%             | 2062-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEGHANY CORPORATION                                                            | ALLEGHANY CORP SR UNSECURED 09/44 4.9                      | CUSIP: 017175AD2<br>LEI: 549300DCJE6AYX159479 | Long             | DBT              | CORP              | US        |     5400000 | PA      | $4976079.97     | 0.02%             | 2044-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH OBLIGATED GROUP                                                      | PEACEHEALTH OBLIGATED GR SR UNSECURED 11/48 4.787          | CUSIP: 70462GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2200000 | PA      | $1914389.71     | 0.01%             | 2048-11-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY COMPANY                                                              | PECO ENERGY CO 1ST MORTGAGE 05/52 4.6                      | CUSIP: 693304BD8<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     9400000 | PA      | $8504982.20     | 0.04%             | 2052-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY COMPANY                                                              | PECO ENERGY CO 1ST MORTGAGE 06/50 2.8                      | CUSIP: 693304AY3<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     6500000 | PA      | $4282458.25     | 0.02%             | 2050-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY COMPANY                                                              | PECO ENERGY CO 1ST REF MORT 10/43 4.8                      | CUSIP: 693304AR8<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     1185000 | PA      | $1047122.39     | 0.00%             | 2043-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY COMPANY                                                              | PECO ENERGY CO 1ST REF MORT 10/44 4.15                     | CUSIP: 693304AS6<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     8900000 | PA      | $7607117.03     | 0.03%             | 2044-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PENN MUTUAL LIFE INSURANCE COMPANY                                               | PENN MUTUAL LIFE INS CO SUBORDINATED 144A 04/61 3.8        | CUSIP: 707567AE3<br>LEI: BIYXEJSLUQ3IWFUXX074 | Long             | DBT              | CORP              | US        |    40000000 | PA      | $26578835.60    | 0.11%             | 2061-04-29      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PENN MUTUAL LIFE INSURANCE COMPANY                                               | PENN MUTUAL LIFE INS CO SUBORDINATED 144A 06/40 7.625      | CUSIP: 707567AC7<br>LEI: BIYXEJSLUQ3IWFUXX074 | Long             | DBT              | CORP              | US        |    32535000 | PA      | $35240552.36    | 0.15%             | 2040-06-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 06/39 FIXED 6.532     | CUSIP: 70869PFT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    11500000 | PA      | $12225854.70    | 0.05%             | 2039-06-15      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ELECTRIC COMPANY                                                    | PENNSYLVANIA ELECTRIC CO SR UNSECURED 10/38 6.15           | CUSIP: 708696BV0<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |     2409000 | PA      | $2410744.28     | 0.01%             | 2038-10-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP                                    | PENSKE TRUCK LEASING/PTL SR UNSECURED 144A 01/23 4.25      | CUSIP: 709599AN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7204000 | PA      | $7201847.01     | 0.03%             | 2023-01-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITED CO (AKA: PERRIGO FINANCE PLC)                          | PERRIGO FINANCE UNLIMITE COMPANY GUAR 06/30 4.4            | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    13300000 | PA      | $11349918.22    | 0.05%             | 2030-06-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | BONOS DE TESORERIA BONDS 02/29 5.94                        | CUSIP: ACI16QTC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    39400000 | PA      | $9526669.39     | 0.04%             | 2029-02-12      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU BONDS 144A 08/40 5.35                     | CUSIP: 715638DB5<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     5250000 | PA      | $1034983.21     | 0.00%             | 2040-08-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED 144A 02/29 5.94              | CUSIP: 715638BX9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    66993000 | PA      | $16198481.28    | 0.07%             | 2029-02-12      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED 144A 08/26 8.2               | CUSIP: 715638AX0<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   149800000 | PA      | $41321797.85    | 0.18%             | 2026-08-12      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE LLC                                                       | ALLIANT ENERGY FINANCE COMPANY GUAR 144A 03/32 3.6         | CUSIP: 01882YAD8<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    13500000 | PA      | $11677054.91    | 0.05%             | 2032-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED 144A 08/28 6.35              | CUSIP: 715638BV3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   176700000 | PA      | $44284019.49    | 0.19%             | 2028-08-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED 144A 08/31 6.95              | CUSIP: 715638BD3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     6600000 | PA      | $1642268.78     | 0.01%             | 2031-08-12      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED 144A 08/34 5.4               | CUSIP: 715638CZ3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     8300000 | PA      | $1755619.15     | 0.01%             | 2034-08-12      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED REGS 08/26 8.2               | CUSIP: 715638AY8<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    74200000 | PA      | $20467806.41    | 0.09%             | 2026-08-12      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED REGS 08/28 6.35              | CUSIP: 715638CL4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    18200000 | PA      | $4561228.95     | 0.02%             | 2028-08-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED REGS 08/31 6.95              | CUSIP: 715638BE1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     6500000 | PA      | $1617385.92     | 0.01%             | 2031-08-12      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                        | REPUBLIC OF PERU SR UNSECURED REGS 08/37 6.9               | CUSIP: P87324BE1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    18128000 | PA      | $4296528.18     | 0.02%             | 2037-08-12      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PERSEROAN (PERSERO) PT PERUSAHAAN LISTRIK NEGARA                      | PERUSAHAAN LISTRIK NEGAR SR UNSECURED 144A 06/50 4         | CUSIP: 71568PAP4<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    14100000 | PA      | $10116704.74    | 0.04%             | 2050-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PERSEROAN (PERSERO) PT PERUSAHAAN LISTRIK NEGARA                      | PERUSAHAAN LISTRIK NEGAR SR UNSECURED 144A 07/49 4.875     | CUSIP: 71568PAK5<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    11200000 | PA      | $8863670.37     | 0.04%             | 2049-07-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS (PEMEX)                                                      | PETROLEOS MEXICANOS COMPANY GUAR 01/50 7.69                | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    17742000 | PA      | $12316207.21    | 0.05%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS (PEMEX)                                                      | PETROLEOS MEXICANOS COMPANY GUAR 01/60 6.95                | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     8284000 | PA      | $5255358.00     | 0.02%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS (PEMEX)                                                      | PETROLEOS MEXICANOS COMPANY GUAR 02/32 6.7                 | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     1428000 | PA      | $1124124.46     | 0.00%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS (PEMEX)                                                      | PETROLEOS MEXICANOS COMPANY GUAR 09/47 6.75                | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    84889000 | PA      | $54353043.01    | 0.23%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | PFIZER INC SR UNSECURED 09/40 5.6                          | CUSIP: 717081DT7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    16865000 | PA      | $17729363.12    | 0.08%             | 2040-09-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| PG&E RECOVERY FUNDING LLC                                                        | PG+E RECOVERY FND LLC SR SECURED 01/40 5.256               | CUSIP: 71710TAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4966678.15     | 0.02%             | 2040-01-15      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| PG&E RECOVERY FUNDING LLC                                                        | PG+E RECOVERY FND LLC SR SECURED 07/49 5.536               | CUSIP: 71710TAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8000000 | PA      | $8145297.68     | 0.03%             | 2049-07-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINANCIAL INC COMPANY GUAR 11/31 8                    | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    16015000 | PA      | $16576607.45    | 0.07%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTL INC SR UNSECURED 03/43 4.125            | CUSIP: 718172AW9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     2575000 | PA      | $2045350.21     | 0.01%             | 2043-03-04      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTL INC SR UNSECURED 08/42 3.875            | CUSIP: 718172AU3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     1875000 | PA      | $1430982.96     | 0.01%             | 2042-08-21      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTL INC SR UNSECURED 11/41 4.375            | CUSIP: 718172AM1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    11100000 | PA      | $9193648.82     | 0.04%             | 2041-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTL INC SR UNSECURED 11/43 4.875            | CUSIP: 718172BD0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $2196873.30     | 0.01%             | 2043-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTL INC SR UNSECURED 11/44 4.25             | CUSIP: 718172BL2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    24400000 | PA      | $19696966.37    | 0.08%             | 2044-11-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PHYSICIANS REALTY LP                                                             | PHYSICIANS REALTY LP COMPANY GUAR 01/28 3.95               | CUSIP: 71951QAB8<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              | CORP              | US        |     7900000 | PA      | $7229692.11     | 0.03%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PHYSICIANS REALTY LP                                                             | PHYSICIANS REALTY LP COMPANY GUAR 03/27 4.3                | CUSIP: 71951QAA0<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              | CORP              | US        |     4100000 | PA      | $3872287.03     | 0.02%             | 2027-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS COMPANY INC                                                 | PIEDMONT NATURAL GAS CO SR UNSECURED 05/52 5.05            | CUSIP: 720186AP0<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4538717.70     | 0.02%             | 2052-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS COMPANY INC                                                 | PIEDMONT NATURAL GAS CO SR UNSECURED 06/50 3.35            | CUSIP: 720186AM7<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     9095000 | PA      | $6124966.54     | 0.03%             | 2050-06-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINANCIAL INC SR UNSECURED 06/23 3.05                 | CUSIP: 02005NBK5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    22600000 | PA      | $22348084.58    | 0.09%             | 2023-06-05      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PINE STREET TRUST I                                                              | PINE STREET TRUST I SR UNSECURED 144A 02/29 4.572          | CUSIP: 722844AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    23500000 | PA      | $21782653.61    | 0.09%             | 2029-02-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| PINE STREET TRUST II                                                             | PINE STREET TRUST II SR UNSECURED 144A 02/49 5.568         | CUSIP: 72284LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    23800000 | PA      | $21096368.79    | 0.09%             | 2049-02-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| PINNACOL ASSURANCE                                                               | PINNACOL ASSURANCE SUBORDINATE 06/34 8.625                 | CUSIP: 000000000<br>LEI: 549300D37RE2C54DGD62 | Long             | DBT              | CORP              | US        |    24000000 | PA      | $26779600.08    | 0.11%             | 2034-06-25      | Fixed         | 8.62%                 | Yes           |                  3 | On Loan: No      |
| PIONEER NATURAL RESOURCES COMPANY                                                | PIONEER NATURAL RESOURCE COMPANY GUAR 01/28 7.2            | CUSIP: 723787AB3<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |    24475000 | PA      | $25960927.91    | 0.11%             | 2028-01-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| PIPER SANDLER COMPANIES                                                          | PIPER SANDLER COS SR UNSECURED 144A 10/23 5.2              | CUSIP: 724078AE0<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | DBT              | CORP              | US        |    23000000 | PA      | $22797600.00    | 0.10%             | 2023-10-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PLA ADMINISTRADORA INDUSTRIAL S DE RL DE CV/CIBANCO SA IBM                       | CIBANCO SA/PLA ADMIN SR UNSECURED 144A 07/29 4.962         | CUSIP: 17162LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     7200000 | PA      | $6567696.00     | 0.03%             | 2029-07-18      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE LP / PAA FINANCE CORP                               | PLAINS ALL AMER PIPELINE SR UNSECURED 05/36 6.7            | CUSIP: 72650RAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2533000 | PA      | $2465483.19     | 0.01%             | 2036-05-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE LP / PAA FINANCE CORP                               | PLAINS ALL AMER PIPELINE SR UNSECURED 06/42 5.15           | CUSIP: 72650RBA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      300000 | PA      | $244362.09      | 0.00%             | 2042-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE LP / PAA FINANCE CORP                               | PLAINS ALL AMER PIPELINE SR UNSECURED 12/26 4.5            | CUSIP: 72650RBL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      550000 | PA      | $528740.79      | 0.00%             | 2026-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINANCIAL INC SR UNSECURED 11/28 2.2                  | CUSIP: 02005NBP4<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      800000 | PA      | $625109.47      | 0.00%             | 2028-11-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINANCIAL INC SR UNSECURED 11/31 8                    | CUSIP: 370425RZ5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     2400000 | PA      | $2501935.06     | 0.01%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTHORITY OF NEW YORK & NEW JERSEY                                          | PORT AUTH OF NEW YORK   NEW JE PORTRN 08/46 FIXED 5.31     | CUSIP: 73358WRQ9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     2800000 | PA      | $2796552.36     | 0.01%             | 2046-08-01      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| PORT AUTHORITY OF NEW YORK & NEW JERSEY                                          | PORT AUTH OF NEW YORK   NEW JE PORTRN 10/51 FIXED 4.926    | CUSIP: 73358WEK6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |      200000 | PA      | $189104.26      | 0.00%             | 2051-10-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| PORT AUTHORITY OF NEW YORK & NEW JERSEY                                          | PORT AUTH OF NEW YORK   NEW JE PORTRN 10/62 FIXED 4.458    | CUSIP: 73358WJA3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    84130000 | PA      | $73243594.83    | 0.31%             | 2062-10-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| PORT AUTHORITY OF NEW YORK & NEW JERSEY                                          | PORT AUTH OF NEW YORK   NEW JE PORTRN 11/40 FIXED 5.647    | CUSIP: 73358WCX0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |      500000 | PA      | $523210.65      | 0.00%             | 2040-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES CORP (AKA: PP&L INC)                                      | PPL ELECTRIC UTILITIES 1ST MORTGAGE 07/41 5.2              | CUSIP: 69351UAN3<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |     5500000 | PA      | $5142690.96     | 0.02%             | 2041-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES CORP (AKA: PP&L INC)                                      | PPL ELECTRIC UTILITIES 1ST MORTGAGE 10/49 3                | CUSIP: 69351UAW3<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |    16700000 | PA      | $11337128.00    | 0.05%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALT-2 STRUCTURED TRUST                                                           | CASTLELAKE LP FIRST LIEN TERM LOAN                         | CUSIP: 937CJTII1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    42101824 | PA      | $38102150.59    | 0.16%             | 2031-05-13      | Fixed         | 2.95%                 | No            |                  3 | On Loan: No      |
| PROGRESS ENERGY INC                                                              | PROGRESS ENERGY INC SR UNSECURED 03/31 7.75                | CUSIP: 743263AE5<br>LEI: 549300FBMTW0JYWMNB26 | Long             | DBT              | CORP              | US        |    12091000 | PA      | $13733329.96    | 0.06%             | 2031-03-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PROGRESS ENERGY INC                                                              | PROGRESS ENERGY INC SR UNSECURED 12/39 6                   | CUSIP: 743263AP0<br>LEI: 549300FBMTW0JYWMNB26 | Long             | DBT              | CORP              | US        |      700000 | PA      | $710910.82      | 0.00%             | 2039-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | PROLOGIS LP SR UNSECURED 03/50 3.05                        | CUSIP: 74340XCC3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $670295.34      | 0.00%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | PROSUS NV SR UNSECURED 144A 01/30 3.68                     | CUSIP: 74365PAA6<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     1600000 | PA      | $1333639.36     | 0.01%             | 2030-01-21      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | PROSUS NV SR UNSECURED 144A 02/51 3.832                    | CUSIP: 74365PAE8<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    12300000 | PA      | $7473991.19     | 0.03%             | 2051-02-08      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | PROSUS NV SR UNSECURED 144A 08/50 4.027                    | CUSIP: 74365PAD0<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     4000000 | PA      | $2509348.56     | 0.01%             | 2050-08-03      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | PRUDENTIAL FINANCIAL INC JR SUBORDINA 03/52 VAR            | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     8400000 | PA      | $7655424.00     | 0.03%             | 2052-03-01      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | PRUDENTIAL FINANCIAL INC SR UNSECURED 03/51 3.7            | CUSIP: 74432QCF0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1152133.07     | 0.00%             | 2051-03-13      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | PRUDENTIAL FINANCIAL INC SR UNSECURED 12/49 3.935          | CUSIP: 744320BA9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |      173000 | PA      | $135575.45      | 0.00%             | 2049-12-07      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF COLORADO                                               | PUBLIC SERVICE COLORADO 1ST MORTGAGE 03/43 3.95            | CUSIP: 744448CJ8<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1205218.71     | 0.01%             | 2043-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF COLORADO                                               | PUBLIC SERVICE COLORADO 1ST MORTGAGE 03/50 3.2             | CUSIP: 744448CS8<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    10500000 | PA      | $7503327.93     | 0.03%             | 2050-03-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF COLORADO                                               | PUBLIC SERVICE COLORADO 1ST MORTGAGE 06/48 4.1             | CUSIP: 744448CQ2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3334743.60     | 0.01%             | 2048-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF COLORADO                                               | PUBLIC SERVICE COLORADO 1ST MORTGAGE 06/52 4.5             | CUSIP: 744448CX7<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     4600000 | PA      | $4155018.77     | 0.02%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE                                          | PUB SVC NEW HAMP 1ST MORTGAGE 07/49 3.6                    | CUSIP: 744482BM1<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |     4700000 | PA      | $3631199.51     | 0.02%             | 2049-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF OKLAHOMA                                               | PUBLIC SERVICE OKLAHOMA SR UNSECURED 08/51 3.15            | CUSIP: 744533BP4<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |     2300000 | PA      | $1535531.29     | 0.01%             | 2051-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF OKLAHOMA                                               | PUBLIC SERVICE OKLAHOMA SR UNSECURED 11/37 6.625           | CUSIP: 744533BJ8<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |     1135000 | PA      | $1194804.66     | 0.01%             | 2037-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC AND GAS COMPANY                                          | PUBLIC SERVICE ELECTRIC SR SECURED 03/51 3                 | CUSIP: 74456QCG9<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     2600000 | PA      | $1783360.90     | 0.01%             | 2051-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | PUGET ENERGY INC SR SECURED 03/32 4.224                    | CUSIP: 745310AN2<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     9500000 | PA      | $8459265.12     | 0.04%             | 2032-03-15      | Fixed         | 4.22%                 | Yes           |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | PUGET ENERGY INC SR SECURED 06/30 4.1                      | CUSIP: 745310AK8<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     6010000 | PA      | $5380701.37     | 0.02%             | 2030-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | PUGET SOUND ENERGY INC 1ST MORTGAGE 06/48 4.223            | CUSIP: 745332CH7<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     3800000 | PA      | $3097381.56     | 0.01%             | 2048-06-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | PUGET SOUND ENERGY INC SR SECURED 07/40 5.764              | CUSIP: 745332CC8<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     8200000 | PA      | $8021245.49     | 0.03%             | 2040-07-15      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                                                   | PULTEGROUP INC COMPANY GUAR 03/26 5.5                      | CUSIP: 745867AW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1775000 | PA      | $1783372.69     | 0.01%             | 2026-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| QATAR GOVT                                                                       | STATE OF QATAR SR UNSECURED 144A 04/50 4.4                 | CUSIP: 74727PBE0<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     6800000 | PA      | $6240713.60     | 0.03%             | 2050-04-16      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| QATAR GOVT                                                                       | STATE OF QATAR SR UNSECURED REGS 03/29 4                   | CUSIP: ACI19CPF7<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    14500000 | PA      | $14276990.00    | 0.06%             | 2029-03-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| QATAR GOVT                                                                       | STATE OF QATAR SR UNSECURED REGS 03/49 4.817               | CUSIP: ACI19CPD2<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     4000000 | PA      | $3901580.00     | 0.02%             | 2049-03-14      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| QATAR GOVT                                                                       | STATE OF QATAR SR UNSECURED REGS 04/48 5.103               | CUSIP: M8489SAG2<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    28900000 | PA      | $29113599.90    | 0.12%             | 2048-04-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| QATAR NATIONAL BANK (QPSC)                                                       | QATAR NATIONAL BANK QPSC UNSECURED TERM LOAN               | CUSIP: 948AFGII4<br>LEI: 549300FFSRVBS0SQXY75 | Long             | LON              | CORP              | QA        |    22400000 | PA      | $22316000.00    | 0.09%             | 2023-11-06      | Floating      | 5.56%                 | No            |                  3 | On Loan: No      |
| QATARENERGY TRADING LLC                                                          | QATAR ENERGY TRADING LLC SR UNSECURED 144A 07/41 3.125     | CUSIP: 74730DAE3<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |      200000 | PA      | $154429.20      | 0.00%             | 2041-07-12      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| QATARENERGY TRADING LLC                                                          | QATAR ENERGY TRADING LLC SR UNSECURED 144A 07/51 3.3       | CUSIP: 74730DAD5<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    22880000 | PA      | $16949504.00    | 0.07%             | 2051-07-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                                          | QVC INC SR SECURED 03/43 5.95                              | CUSIP: 747262AM5<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    24665000 | PA      | $12230263.58    | 0.05%             | 2043-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                                          | QVC INC SR SECURED 04/24 4.85                              | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |      800000 | PA      | $741400.00      | 0.00%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | ALTRIA GROUP INC COMPANY GUAR 02/49 5.95                   | CUSIP: 02209SBF9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    22500000 | PA      | $20111742.68    | 0.09%             | 2049-02-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | ALTRIA GROUP INC COMPANY GUAR 02/59 6.2                    | CUSIP: 02209SBG7<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     6929000 | PA      | $6516946.99     | 0.03%             | 2059-02-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | ALTRIA GROUP INC COMPANY GUAR 09/46 3.875                  | CUSIP: 02209SAV5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     9080000 | PA      | $6105133.67     | 0.03%             | 2046-09-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AMAZONCOM INC                                                                    | AMAZON.COM INC SR UNSECURED 04/62 4.1                      | CUSIP: 023135CK0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    11000000 | PA      | $9144121.69     | 0.04%             | 2062-04-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| AMAZONCOM INC                                                                    | AMAZON.COM INC SR UNSECURED 05/51 3.1                      | CUSIP: 023135CB0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    19800000 | PA      | $14200567.72    | 0.06%             | 2051-05-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| RAS LAFFAN LIQUEFIED NATURAL GAS CO LTD III                                      | RAS LAFFAN LNG 3 SR SECURED REGS 09/27 5.838               | CUSIP: M8222MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | QA        |     4071500 | PA      | $4102850.55     | 0.02%             | 2027-09-30      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| RAS LAFFAN LIQUEFIED NATURAL GAS CO LTD III                                      | RAS LAFFAN LNG 3 SR SECURED REGS 09/27 6.332               | CUSIP: M8222MAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | QA        |     2909305 | PA      | $2942627.13     | 0.01%             | 2027-09-30      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| RAYONIER LP                                                                      | RAYONIER LP COMPANY GUAR 05/31 2.75                        | CUSIP: 75508XAA4<br>LEI: 5493004X96PV3VY6KB95 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $6043378.88     | 0.03%             | 2031-05-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECHNOLOGIES CORPORATION                                                | RAYTHEON TECH CORP SR UNSECURED 05/47 4.05                 | CUSIP: 913017CP2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $5858646.30     | 0.02%             | 2047-05-04      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECHNOLOGIES CORPORATION                                                | RAYTHEON TECH CORP SR UNSECURED 11/38 4.45                 | CUSIP: 913017CW7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     6200000 | PA      | $5657559.27     | 0.02%             | 2038-11-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMAZONCOM INC                                                                    | AMAZON.COM INC SR UNSECURED 05/61 3.25                     | CUSIP: 023135CC8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    40500000 | PA      | $27938656.08    | 0.12%             | 2061-05-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMAZONCOM INC                                                                    | AMAZON.COM INC SR UNSECURED 06/50 2.5                      | CUSIP: 023135BT2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $1904348.49     | 0.01%             | 2050-06-03      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMAZONCOM INC                                                                    | AMAZON.COM INC SR UNSECURED 06/60 2.7                      | CUSIP: 023135BU9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     2900000 | PA      | $1760719.22     | 0.01%             | 2060-06-03      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| RBSSP RESECURITIZATION TRUST 2014-1                                              | RBSSP RESECURITIZATION TRUST RBSSP 2014 1 1A2 144A         | CUSIP: 74932TAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      299463 | PA      | $292357.51      | 0.00%             | 2036-11-26      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| AMAZONCOM INC                                                                    | AMAZON.COM INC SR UNSECURED 08/57 4.25                     | CUSIP: 023135BM7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    19800000 | PA      | $17126069.40    | 0.07%             | 2057-08-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORPORATION                                                        | REALTY INCOME CORP SR UNSECURED 01/28 3.4                  | CUSIP: 756109BH6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    16100000 | PA      | $14853271.71    | 0.06%             | 2028-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORPORATION                                                        | REALTY INCOME CORP SR UNSECURED 03/47 4.65                 | CUSIP: 756109AT1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     1150000 | PA      | $1017944.15     | 0.00%             | 2047-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORPORATION                                                        | REALTY INCOME CORP SR UNSECURED 08/27 3.95                 | CUSIP: 756109BG8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    11848000 | PA      | $11314888.70    | 0.05%             | 2027-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                                               | REGENCY CENTERS LP COMPANY GUAR 02/47 4.4                  | CUSIP: 75884RAW3<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |     4200000 | PA      | $3244738.39     | 0.01%             | 2047-02-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                                               | REGENCY CENTERS LP COMPANY GUAR 03/28 4.125                | CUSIP: 75884RAX1<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |     1100000 | PA      | $1023185.79     | 0.00%             | 2028-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                                               | REGENCY CENTERS LP COMPANY GUAR 03/49 4.65                 | CUSIP: 75884RAY9<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1200669.41     | 0.01%             | 2049-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                                               | REGENCY CENTERS LP COMPANY GUAR 09/29 2.95                 | CUSIP: 75884RAZ6<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $841382.63      | 0.00%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICALS                                                        | REGENERON PHARMACEUTICAL SR UNSECURED 09/30 1.75           | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |     2150000 | PA      | $1665427.37     | 0.01%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA MEDICAL CENTER POOLED REVENUE            | UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/48 FIXED 6.548    | CUSIP: 913366EP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    25100000 | PA      | $28596108.72    | 0.12%             | 2048-05-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA MEDICAL CENTER POOLED REVENUE            | UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/49 FIXED 6.583    | CUSIP: 913366DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     4305000 | PA      | $4905241.41     | 0.02%             | 2049-05-15      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LIMITED                                                      | RELIANCE INDUSTRIES LTD SR UNSECURED 144A 01/62 3.75       | CUSIP: 759470BC0<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     9300000 | PA      | $6040614.03     | 0.03%             | 2062-01-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS COMPANY                                                          | AMEREN ILLINOIS CO 1ST MORTGAGE 03/50 3.25                 | CUSIP: 02361DAU4<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     2600000 | PA      | $1875040.28     | 0.01%             | 2050-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS COMPANY                                                          | AMEREN ILLINOIS CO 1ST MORTGAGE 06/51 2.9                  | CUSIP: 02361DAX8<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    32500000 | PA      | $21783267.68    | 0.09%             | 2051-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS COMPANY                                                          | AMEREN ILLINOIS CO 1ST MORTGAGE 12/47 3.7                  | CUSIP: 02361DAR1<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     2200000 | PA      | $1752212.44     | 0.01%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS COMPANY                                                          | AMEREN ILLINOIS CO SR SECURED 03/46 4.15                   | CUSIP: 02361DAQ3<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     5451000 | PA      | $4663400.71     | 0.02%             | 2046-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2013-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLN 13 1 A PASS T AMER AIRLN 13 1 A PASS T          | CUSIP: 023772AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3276691 | PA      | $2846334.05     | 0.01%             | 2027-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2014-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLN 14 1 A PTT PASS THRU CE 04/28 3.7               | CUSIP: 02377AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6303104 | PA      | $5452223.06     | 0.02%             | 2028-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2015-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLN 15 1 A PTT PASS THRU CE 11/28 3.375             | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6508309 | PA      | $5440222.31     | 0.02%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2015-2 CLASS AA PASS THROUGH TRUST                             | AMER AIRLN 15 2 AA PTT PASS THRU CE 03/29 3.6              | CUSIP: 02377BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7015761 | PA      | $6306715.61     | 0.03%             | 2029-03-22      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2016-1 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 16 1 AA PTT PASS THRU CE 07/29 3.575          | CUSIP: 02376UAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6286538 | PA      | $5624298.02     | 0.02%             | 2029-07-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2016-2 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 16 2 AA PTT PASS THRU CE 12/29 3.2            | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5809962 | PA      | $5051420.77     | 0.02%             | 2029-12-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY LP                                                     | REXFORD INDUSTRIAL REALT COMPANY GUAR 12/30 2.125          | CUSIP: 76169XAA2<br>LEI: 549300028US163ELJN70 | Long             | DBT              | CORP              | US        |    11800000 | PA      | $9237322.85     | 0.04%             | 2030-12-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| REYNOLDS AMERICAN INC                                                            | REYNOLDS AMERICAN INC COMPANY GUAR 08/45 5.85              | CUSIP: 761713BB1<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    21248000 | PA      | $18186758.36    | 0.08%             | 2045-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| REYNOLDS AMERICAN INC                                                            | REYNOLDS AMERICAN INC COMPANY GUAR 09/43 6.15              | CUSIP: 761713AZ9<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    10920000 | PA      | $9785015.39     | 0.04%             | 2043-09-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| RIO OIL FINANCE TRUST SERIES 2014-3                                              | RIO OIL FINANCE TRUST SR SECURED 144A 01/27 9.75           | CUSIP: 76716XAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    12422216 | PA      | $12923017.32    | 0.05%             | 2027-01-06      | Variable      | 9.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2016-3 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 16 3 AA PTT PASS THRU CE 04/30 3              | CUSIP: 023771R91<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      505506 | PA      | $439107.32      | 0.00%             | 2030-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA CTFS PARTN                                                     | RIVERSIDE CNTY CA PENSN OBLG RIV 02/38 FIXED 3.818         | CUSIP: 76913CBF5<br>LEI: 254900CB5HEOBAVTY629 | Long             | DBT              | MUN               | US        |     2500000 | PA      | $2179871.75     | 0.01%             | 2038-02-15      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2017-1 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 17 1 AA PTT PASS THRU CE 02/29 3.65           | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2348000 | PA      | $2094492.78     | 0.01%             | 2029-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2017-2 CLASS A PASS THROUGH TRUST                              | AMER AIRLINE 17 2 A PTT PASS THRU CE 04/31 3.6             | CUSIP: 02377CAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2916109 | PA      | $2283062.27     | 0.01%             | 2031-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE LLC                                                     | ROCKIES EXPRESS PIPELINE SR UNSECURED 144A 07/38 7.5       | CUSIP: 77340RAD9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    25640000 | PA      | $23897890.20    | 0.10%             | 2038-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                                        | ROGERS COMMUNICATIONS IN COMPANY GUAR 144A 03/32 3.8       | CUSIP: 775109CC3<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    10000000 | PA      | $8656638.00     | 0.04%             | 2032-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                                        | ROGERS COMMUNICATIONS IN COMPANY GUAR 144A 03/42 4.5       | CUSIP: 775109BZ3<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     6900000 | PA      | $5652103.12     | 0.02%             | 2042-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                                        | ROGERS COMMUNICATIONS IN COMPANY GUAR 144A 03/52 4.55      | CUSIP: 775109CD1<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    26300000 | PA      | $20511845.50    | 0.09%             | 2052-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                                     | ROMANIA SR UNSECURED 144A 02/34 3.75                       | CUSIP: ACI23CJP6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     2900000 | PA      | $2324395.94     | 0.01%             | 2034-02-07      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2017-2 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 17 2 AA PTT PASS THRU CE 04/31 3.35           | CUSIP: 02376AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3782250 | PA      | $3274237.07     | 0.01%             | 2031-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                                     | ROMANIA UNSECURED 144A 04/42 2.875                         | CUSIP: ACI1Z3VF1<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     9100000 | PA      | $5478485.67     | 0.02%             | 2042-04-13      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                                     | ROMANIA UNSECURED 144A 07/30 1.75                          | CUSIP: ACI1Z3TC1<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     9100000 | PA      | $6806573.76     | 0.03%             | 2030-07-13      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2019-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLINE 19 1A PTT PASS THRU CE 08/33 3.5              | CUSIP: 02378MAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3371273 | PA      | $2564128.84     | 0.01%             | 2033-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | ROYALTY PHARMA PLC COMPANY GUAR 09/40 3.3                  | CUSIP: 78081BAL7<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    12900000 | PA      | $8998539.87     | 0.04%             | 2040-09-02      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | ROYALTY PHARMA PLC COMPANY GUAR 09/50 3.55                 | CUSIP: 78081BAM5<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    17900000 | PA      | $11509474.64    | 0.05%             | 2050-09-02      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | ROYALTY PHARMA PLC COMPANY GUAR 09/51 3.35                 | CUSIP: 78081BAP8<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     1000000 | PA      | $620382.94      | 0.00%             | 2051-09-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2019-1 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 19 1AA PTT PASS THRU CE 08/33 3.15            | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7472990 | PA      | $6204775.70     | 0.03%             | 2033-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED 144A 04/42 5.625           | CUSIP: 78307ADE0<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |     1000000 | PA      | $635000.00      | 0.00%             | 2042-04-04      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED 144A 05/26 4.75            | CUSIP: ACI0P80X8<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |      200000 | PA      | $70000.00       | 0.00%             | 2026-05-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED 144A 06/27 4.25            | CUSIP: ACI0VXSZ1<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |      400000 | PA      | $140000.00      | 0.00%             | 2027-06-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED 144A 06/47 5.25            | CUSIP: X5424XBP2<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |     1200000 | PA      | $444000.00      | 0.00%             | 2047-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED 144A 09/43 5.875           | CUSIP: 78307ADH3<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |      400000 | PA      | $238847.00      | 0.00%             | 2043-09-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED REGS 04/42 5.625           | CUSIP: X74344DS2<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |     1400000 | PA      | $889000.00      | 0.00%             | 2042-04-04      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2021-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLINE 21 1A EETC PASS THRU CE 01/36 2.875           | CUSIP: 02379KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    21200000 | PA      | $17123458.36    | 0.07%             | 2036-01-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED REGS 05/26 4.75            | CUSIP: X5424XBD9<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |     8400000 | PA      | $2940000.00     | 0.01%             | 2026-05-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED REGS 06/27 4.25            | CUSIP: X5424XBN7<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |     6400000 | PA      | $2240000.00     | 0.01%             | 2027-06-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED REGS 06/47 5.25            | CUSIP: X5424XBQ0<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |    12400000 | PA      | $4588000.00     | 0.02%             | 2047-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RUSSIAN GOVT                                                                     | RUSSIAN FEDERATION SR UNSECURED REGS 09/43 5.875           | CUSIP: X74359AC8<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |      400000 | PA      | $238847.00      | 0.00%             | 2043-09-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC (AKA: MCGRAW HILL FINANCIAL INC)                                  | S+P GLOBAL INC COMPANY GUAR 08/60 2.3                      | CUSIP: 78409VAR5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     4400000 | PA      | $2415100.64     | 0.01%             | 2060-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC (AKA: MCGRAW HILL FINANCIAL INC)                                  | S+P GLOBAL INC COMPANY GUAR 12/49 3.25                     | CUSIP: 78409VAQ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     1700000 | PA      | $1223714.74     | 0.01%             | 2049-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC (AKA: MCGRAW HILL FINANCIAL INC)                                  | S+P GLOBAL INC COMPANY GUAR 144A 03/32 2.9                 | CUSIP: 78409VBC7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     3460000 | PA      | $2960861.20     | 0.01%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC (AKA: MCGRAW HILL FINANCIAL INC)                                  | S+P GLOBAL INC COMPANY GUAR 144A 03/52 3.7                 | CUSIP: 78409VBD5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    14000000 | PA      | $10875715.06    | 0.05%             | 2052-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC (AKA: MCGRAW HILL FINANCIAL INC)                                  | S+P GLOBAL INC COMPANY GUAR 144A 03/62 3.9                 | CUSIP: 78409VBE3<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     2800000 | PA      | $2177522.79     | 0.01%             | 2062-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC (AKA: MCGRAW HILL FINANCIAL INC)                                  | S+P GLOBAL INC COMPANY GUAR 144A 05/29 4.25                | CUSIP: 78409VAZ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     7700000 | PA      | $7366376.86     | 0.03%             | 2029-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION LLC                                                     | SABINE PASS LIQUEFACTION SR SECURED 03/25 5.625            | CUSIP: 785592AM8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |      300000 | PA      | $300648.23      | 0.00%             | 2025-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION LLC                                                     | SABINE PASS LIQUEFACTION SR SECURED 03/27 5                | CUSIP: 785592AS5<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    35800000 | PA      | $35157505.63    | 0.15%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION LLC                                                     | SABINE PASS LIQUEFACTION SR SECURED 03/28 4.2              | CUSIP: 785592AU0<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    24200000 | PA      | $22790858.20    | 0.10%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION LLC                                                     | SABINE PASS LIQUEFACTION SR SECURED 05/24 5.75             | CUSIP: 785592AJ5<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     8950000 | PA      | $8957005.88     | 0.04%             | 2024-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION LLC                                                     | SABINE PASS LIQUEFACTION SR SECURED 05/30 4.5              | CUSIP: 785592AX4<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    26265000 | PA      | $24407840.98    | 0.10%             | 2030-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION LLC                                                     | SABINE PASS LIQUEFACTION SR SECURED 06/26 5.875            | CUSIP: 785592AV8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     7556000 | PA      | $7654139.44     | 0.03%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                                                             | SABRA HEALTH CARE LP COMPANY GUAR 10/29 3.9                | CUSIP: 78572XAG6<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |     3368000 | PA      | $2824457.51     | 0.01%             | 2029-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                                                             | SABRA HEALTH CARE LP COMPANY GUAR 12/31 3.2                | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |    15350000 | PA      | $11456501.05    | 0.05%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP INC                                                      | SAMMONS FINANCIAL GROUP SR UNSECURED 144A 04/31 3.35       | CUSIP: 79588TAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    18300000 | PA      | $13969881.82    | 0.06%             | 2031-04-16      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO COUNTY WATER AUTHORITY                                                 | SAN DIEGO CNTY CA WTR AUTH FIN SDGWTR 05/49 FIXED 6.138    | CUSIP: 79741TAR5<br>LEI: 549300Y0QN5OFKA1G520 | Long             | DBT              | MUN               | US        |     1800000 | PA      | $1995217.38     | 0.01%             | 2049-05-01      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 03/52 3.7                     | CUSIP: 797440CC6<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    15130000 | PA      | $11975988.55    | 0.05%             | 2052-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 04/50 3.32                    | CUSIP: 797440BY9<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    10305000 | PA      | $7414340.95     | 0.03%             | 2050-04-15      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 05/48 4.15                    | CUSIP: 797440BW3<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    12140000 | PA      | $10191756.90    | 0.04%             | 2048-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 06/47 3.75                    | CUSIP: 797440BV5<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     7550000 | PA      | $5900814.84     | 0.02%             | 2047-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 06/49 4.1                     | CUSIP: 797440BX1<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    14172000 | PA      | $11613257.87    | 0.05%             | 2049-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 08/40 4.5                     | CUSIP: 797440BM5<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     2600000 | PA      | $2351435.40     | 0.01%             | 2040-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 08/51 2.95                    | CUSIP: 797440CA0<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    15400000 | PA      | $10476473.55    | 0.04%             | 2051-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 11/41 3.95                    | CUSIP: 797440BP8<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     1968000 | PA      | $1539040.77     | 0.01%             | 2041-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                                                         | AMERICAN ASSETS TRUST LP COMPANY GUAR 02/31 3.375          | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |    30500000 | PA      | $24261262.82    | 0.10%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | SANDS CHINA LTD SR UNSECURED 03/27 2.8                     | CUSIP: 80007RAN5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |      600000 | PA      | $514674.00      | 0.00%             | 2027-03-08      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | SANDS CHINA LTD SR UNSECURED 06/30 4.875                   | CUSIP: 80007RAL9<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    19300000 | PA      | $16986702.00    | 0.07%             | 2030-06-18      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | SANDS CHINA LTD SR UNSECURED 08/25 5.625                   | CUSIP: 80007RAF2<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    31500000 | PA      | $30157850.52    | 0.13%             | 2025-08-08      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | SANDS CHINA LTD SR UNSECURED 08/28 5.9                     | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    38300000 | PA      | $35912492.90    | 0.15%             | 2028-08-08      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANTANDER HOLDINGS USA SR UNSECURED 07/27 4.4              | CUSIP: 80282KAP1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     5200000 | PA      | $4967431.61     | 0.02%             | 2027-07-13      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 03/32 VAR            | CUSIP: 80281LAP0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    17160000 | PA      | $13298503.05    | 0.06%             | 2032-03-15      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 11/28 VAR            | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    55945000 | PA      | $50083254.65    | 0.21%             | 2028-11-03      | Floating      | 3.82%                 | No            |                  2 | On Loan: No      |
| SANTOS FINANCE LTD                                                               | SANTOS FINANCE LTD COMPANY GUAR 144A 04/31 3.649           | CUSIP: 803014AA7<br>LEI: 213800BKUBSWG53XNS94 | Long             | DBT              | CORP              | AU        |    35700000 | PA      | $28409972.18    | 0.12%             | 2031-04-29      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| SAPPHIRE AVIATION FINANCE I LIMITED 2018-1A                                      | SAPPHIRE AVIATION FINANCE I LI SAPA 2018 1A A 144A         | CUSIP: 80306AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     8291667 | PA      | $6443060.53     | 0.03%             | 2040-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA GOVT                                                                | SAUDI INTERNATIONAL BOND SR UNSECURED 144A 02/61 3.45      | CUSIP: 80413TAW9<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    13100000 | PA      | $9418349.80     | 0.04%             | 2061-02-02      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA GOVT                                                                | SAUDI INTERNATIONAL BOND SR UNSECURED REGS 04/25 4         | CUSIP: M6320UAH2<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |      500000 | PA      | $493941.50      | 0.00%             | 2025-04-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA GOVT                                                                | SAUDI INTERNATIONAL BOND SR UNSECURED REGS 04/49 5         | CUSIP: ACI121KG1<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    15000000 | PA      | $14164470.00    | 0.06%             | 2049-04-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA GOVT                                                                | SAUDI INTERNATIONAL BOND SR UNSECURED REGS 10/46 4.5       | CUSIP: M6320UAC3<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    47700000 | PA      | $42453000.00    | 0.18%             | 2046-10-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA GOVT                                                                | SAUDI INTERNATIONAL BOND SR UNSECURED REGS 10/47 4.625     | CUSIP: M6320UAF6<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    14800000 | PA      | $13284924.00    | 0.06%             | 2047-10-04      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO)                                         | SAUDI ARABIAN OIL CO SR UNSECURED 144A 11/50 3.25          | CUSIP: 80414L2L8<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    14600000 | PA      | $10323411.80    | 0.04%             | 2050-11-24      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO)                                         | SAUDI ARABIAN OIL CO SR UNSECURED 144A 11/70 3.5           | CUSIP: 80414L2M6<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    19600000 | PA      | $13387231.20    | 0.06%             | 2070-11-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SAUDI ELECTRICITY GLOBAL SUKUK COMPANY - 2                                       | SAUDI ELECTRICITY GLOBAL SR UNSECURED 144A 04/43 5.06      | CUSIP: 804133AB2<br>LEI: 549300NU3VI6NLNU1575 | Long             | DBT              | CORP              | KY        |    47700000 | PA      | $46767465.00    | 0.20%             | 2043-04-08      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| SAUDI ELECTRICITY GLOBAL SUKUK COMPANY - 3                                       | SAUDI ELEC GLOBAL SUKUK SR UNSECURED 144A 04/44 5.5        | CUSIP: 80413MAB0<br>LEI: 549300BJ6IA5S2UFVN71 | Long             | DBT              | CORP              | KY        |    37700000 | PA      | $39167510.20    | 0.17%             | 2044-04-08      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY INC                                              | AMERICAN ELECTRIC POWER JR SUBORDINA 02/62 VAR             | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     9100000 | PA      | $7100559.38     | 0.03%             | 2062-02-15      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                                  | SBA TOWER TRUST ASSET BACKED 144A 07/52 2.328              | CUSIP: 78403DAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10300000 | PA      | $8643125.52     | 0.04%             | 2052-07-15      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                                  | SBA TOWER TRUST SBAC 2014 2A C 144A                        | CUSIP: 78403DAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11400000 | PA      | $10902151.74    | 0.05%             | 2049-10-15      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | SEAGATE HDD CAYMAN COMPANY GUAR 01/31 4.125                | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     1263000 | PA      | $987711.13      | 0.00%             | 2031-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | SEAGATE HDD CAYMAN COMPANY GUAR 144A 12/32 9.625           | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     1789600 | PA      | $1965240.29     | 0.01%             | 2032-12-01      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| AMERICAN FINANCIAL GROUP INC                                                     | AMERICAN FINANCIAL GROUP SR UNSECURED 06/47 4.5            | CUSIP: 025932AL8<br>LEI: 549300AFOM7IVKIU1G39 | Long             | DBT              | CORP              | US        |    40300000 | PA      | $32082247.26    | 0.14%             | 2047-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SELECTIVE INSURANCE GROUP INC                                                    | SELECTIVE INSURANCE GROU SR UNSECURED 03/49 5.375          | CUSIP: 816300AH0<br>LEI: 549300R3WGJWLE40R258 | Long             | DBT              | CORP              | US        |     8800000 | PA      | $7579578.34     | 0.03%             | 2049-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                                                                    | SEMPRA ENERGY SR UNSECURED 02/28 3.4                       | CUSIP: 816851BG3<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $929873.47      | 0.00%             | 2028-02-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                                                                    | SEMPRA ENERGY SR UNSECURED 02/48 4                         | CUSIP: 816851BJ7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     8424000 | PA      | $6604094.03     | 0.03%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                                                                    | SEMPRA ENERGY SR UNSECURED 06/27 3.25                      | CUSIP: 816851BA6<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     3300000 | PA      | $3057831.28     | 0.01%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                                                                    | SEMPRA ENERGY SR UNSECURED 10/39 6                         | CUSIP: 816851AP4<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    15145000 | PA      | $15372869.10    | 0.07%             | 2039-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SKYMILES IP LTD                                                                  | SKYMILES IP LTD. 2020 SKYMILES TERM LOAN B                 | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | US        |    21800000 | PA      | $22261942.00    | 0.09%             | 2027-10-20      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                                                           | SKYWORKS SOLUTIONS INC SR UNSECURED 06/31 3                | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |    20200000 | PA      | $15895268.09    | 0.07%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FINANCE DESIGNATED ACTIVITY COMPANY                        | SMBC AVIATION CAPITAL FI COMPANY GUAR 144A 06/28 2.3       | CUSIP: 78448TAF9<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |     4200000 | PA      | $3451992.89     | 0.01%             | 2028-06-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT LP                                                         | AMERICAN HOMES 4 RENT SR UNSECURED 02/28 4.25              | CUSIP: 02666TAA5<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |     7483000 | PA      | $6932239.68     | 0.03%             | 2028-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT LP                                                         | AMERICAN HOMES 4 RENT SR UNSECURED 02/29 4.9               | CUSIP: 02666TAB3<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    11300000 | PA      | $10702586.18    | 0.05%             | 2029-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE SA                                                              | SOCIETE GENERALE SR UNSECURED 144A 01/33 VAR               | CUSIP: 83368RBJ0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    27760000 | PA      | $21928354.09    | 0.09%             | 2033-01-21      | Floating      | 3.34%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE SA                                                              | SOCIETE GENERALE SUBORDINATED 144A 06/33 VAR               | CUSIP: 83368RBL5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     7700000 | PA      | $7222626.41     | 0.03%             | 2033-06-15      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT LP                                                         | AMERICAN HOMES 4 RENT SR UNSECURED 04/32 3.625             | CUSIP: 02666TAE7<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    21500000 | PA      | $18142511.20    | 0.08%             | 2032-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT LP                                                         | AMERICAN HOMES 4 RENT SR UNSECURED 04/52 4.3               | CUSIP: 02666TAF4<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    10700000 | PA      | $7889459.89     | 0.03%             | 2052-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT LP                                                         | AMERICAN HOMES 4 RENT SR UNSECURED 07/51 3.375             | CUSIP: 02666TAD9<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    10700000 | PA      | $6702868.20     | 0.03%             | 2051-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP INC                                                 | AMERICAN INTL GROUP SR UNSECURED 04/48 4.75                | CUSIP: 026874DL8<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3587748.68     | 0.02%             | 2048-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP INC                                                 | AMERICAN INTL GROUP SR UNSECURED 06/50 4.375               | CUSIP: 026874DP9<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     6200000 | PA      | $5276875.43     | 0.02%             | 2050-06-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP INC                                                 | AMERICAN INTL GROUP SR UNSECURED 07/45 4.8                 | CUSIP: 026874DF1<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     1200000 | PA      | $1083018.16     | 0.00%             | 2045-07-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUNICIPAL POWER INC                                                     | AMERICAN MUNI PWR OHIO INC OH AMEPWR 02/28 FIXED 7.334     | CUSIP: 02765UEP5<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     1160000 | PA      | $1237437.31     | 0.01%             | 2028-02-15      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUNICIPAL POWER INC                                                     | AMERICAN MUNI PWR OHIO INC OH AMEPWR 02/33 FIXED OID 7.734 | CUSIP: 02765UEH3<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     7325000 | PA      | $8339348.42     | 0.04%             | 2033-02-15      | Fixed         | 7.73%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUNICIPAL POWER INC                                                     | AMERICAN MUNI PWR OHIO INC OH AMEPWR 02/44 FIXED 6.449     | CUSIP: 02765UCY8<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     1000000 | PA      | $1078321.10     | 0.00%             | 2044-02-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUNICIPAL POWER INC                                                     | AMERICAN MUNI PWR OHIO INC OH AMEPWR 02/50 FIXED 8.084     | CUSIP: 02765UEK6<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    40725000 | PA      | $52515087.05    | 0.22%             | 2050-02-15      | Fixed         | 8.08%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER (GTP ACQUISITION PARTNERS I LLC)                                  | GTP ACQUISITION PARTNERS SR SECURED 144A 06/50 3.482       | CUSIP: 36246MAU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     7500000 | PA      | $6995409.75     | 0.03%             | 2050-06-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LOAN TRUST 2006-OPT4                                       | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2006 OPT4 2A4          | CUSIP: 83611YAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6977649 | PA      | $6664787.11     | 0.03%             | 2036-06-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                                | REPUBLIC OF SOUTH AFRICA SR UNSECURED 09/29 4.85           | CUSIP: 836205BA1<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     7300000 | PA      | $6534040.20     | 0.03%             | 2029-09-30      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                                | REPUBLIC OF SOUTH AFRICA SR UNSECURED 09/49 5.75           | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    38900000 | PA      | $28740564.80    | 0.12%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 01/25 2.95                | CUSIP: 03027XAV2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $7158948.60     | 0.03%             | 2025-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SOUTH JERSEY INDS INC                                                            | SOUTH JERSEY INDUSTRIES JR SUBORDINA 04/31 5.02            | CUSIP: 838518AA6<br>LEI: 549300DJYWYT5VXLFA46 | Long             | DBT              | CORP              | US        |    28000000 | PA      | $21824532.52    | 0.09%             | 2031-04-15      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 01/27 3.125               | CUSIP: 03027XAM2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    16200000 | PA      | $14867279.95    | 0.06%             | 2027-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 02/32 2.75                | CUSIP: 842400HM8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     6800000 | PA      | $5713138.32     | 0.02%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 02/50 3.65                | CUSIP: 842400GT4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    12765000 | PA      | $9382002.34     | 0.04%             | 2050-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 02/51 2.95                | CUSIP: 842400GY3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    13000000 | PA      | $8385255.71     | 0.04%             | 2051-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 01/28 3.6                 | CUSIP: 03027XAR1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     2250000 | PA      | $2071821.11     | 0.01%             | 2028-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 02/52 3.45                | CUSIP: 842400HN6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    14000000 | PA      | $10026953.86    | 0.04%             | 2052-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 03/49 4.875               | CUSIP: 842400GR8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     8096000 | PA      | $7160567.19     | 0.03%             | 2049-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 06/51 3.65                | CUSIP: 842400HF3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    31200000 | PA      | $22836137.69    | 0.10%             | 2051-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 06/52 5.45                | CUSIP: 842400HR7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    17600000 | PA      | $16906854.27    | 0.07%             | 2052-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 08/25 3.7                 | CUSIP: 842400GN7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4842293.05     | 0.02%             | 2025-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 01/34 6                   | CUSIP: 842400ES8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     5900000 | PA      | $6182121.13     | 0.03%             | 2034-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 03/39 6.05                | CUSIP: 842400FL2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    17000000 | PA      | $17339357.57    | 0.07%             | 2039-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 03/42 4.05                | CUSIP: 842400FV0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     3834000 | PA      | $3066722.28     | 0.01%             | 2042-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 03/43 3.9                 | CUSIP: 842400FW8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     6655000 | PA      | $5155274.72     | 0.02%             | 2043-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 03/48 4.125               | CUSIP: 842400GK3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    26468000 | PA      | $21247257.40    | 0.09%             | 2048-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 04/35 5.75                | CUSIP: 842400EV1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     8073000 | PA      | $8068145.06     | 0.03%             | 2035-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 01/51 2.95                | CUSIP: 03027XBK5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    40000000 | PA      | $24931600.40    | 0.11%             | 2051-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 04/47 4                   | CUSIP: 842400GG2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   105850000 | PA      | $83208526.23    | 0.35%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 09/40 4.5                 | CUSIP: 842400FQ1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |      445000 | PA      | $381915.40      | 0.00%             | 2040-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 10/43 4.65                | CUSIP: 842400FZ1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    39850000 | PA      | $34625677.75    | 0.15%             | 2043-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST REF MORT 12/41 3.9                 | CUSIP: 842400FT5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    42994000 | PA      | $32453050.53    | 0.14%             | 2041-12-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON SR UNSECURED 04/29 6.65                | CUSIP: 842400EB5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     6995000 | PA      | $7231720.52     | 0.03%             | 2029-04-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA GAS COMPANY                                                  | SOUTHERN CALIF GAS CO 1ST MORTGAGE 01/49 4.3               | CUSIP: 842434CS9<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     1942000 | PA      | $1607873.21     | 0.01%             | 2049-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA GAS COMPANY                                                  | SOUTHERN CALIF GAS CO 1ST MORTGAGE 02/50 3.95              | CUSIP: 842434CT7<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     8127000 | PA      | $6345733.16     | 0.03%             | 2050-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA GAS COMPANY                                                  | SOUTHERN CALIF GAS CO 1ST MORTGAGE 09/42 3.75              | CUSIP: 842434CK6<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     4900000 | PA      | $3854661.29     | 0.02%             | 2042-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA GAS COMPANY                                                  | SOUTHERN CALIF GAS CO 1ST MORTGAGE 11/40 5.125             | CUSIP: 842434CJ9<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     1300000 | PA      | $1231678.12     | 0.01%             | 2040-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | SOUTHERN CO JR SUBORDINA 09/51 VAR                         | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    18400000 | PA      | $14903106.13    | 0.06%             | 2051-09-15      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | SOUTHERN CO SR UNSECURED 04/30 3.7                         | CUSIP: 842587DE4<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |      100000 | PA      | $90488.59       | 0.00%             | 2030-04-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 02/26 4.4                 | CUSIP: 03027XAJ9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     3100000 | PA      | $3024352.53     | 0.01%             | 2026-02-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | SOUTHERN CO SR UNSECURED 07/36 4.25                        | CUSIP: 842587CW5<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     9300000 | PA      | $8173166.24     | 0.03%             | 2036-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | SOUTHERN CO SR UNSECURED 07/46 4.4                         | CUSIP: 842587CX3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    19705000 | PA      | $16527421.16    | 0.07%             | 2046-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY GAS CAPITAL CORPORATION                                         | SOUTHERN CO GAS CAPITAL COMPANY GUAR 03/41 5.875           | CUSIP: 001192AH6<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $7485942.53     | 0.03%             | 2041-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY GAS CAPITAL CORPORATION                                         | SOUTHERN CO GAS CAPITAL COMPANY GUAR 05/47 4.4             | CUSIP: 8426EPAC2<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    11010000 | PA      | $8774633.53     | 0.04%             | 2047-05-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SOUTHERN NATURAL GAS COMPANY                                                     | SOUTHERN NATURAL GAS SR UNSECURED 03/32 8                  | CUSIP: 843452AZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8346000 | PA      | $9183798.60     | 0.04%             | 2032-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS CORPORATION                                                        | SOUTHWEST GAS CORP SR UNSECURED 03/32 4.05                 | CUSIP: 845011AE5<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |    11400000 | PA      | $10041109.51    | 0.04%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELECTRIC POWER COMPANY                                              | SOUTHWESTERN ELEC POWER SR UNSECURED 02/48 3.85            | CUSIP: 845437BQ4<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    20000000 | PA      | $14844559.00    | 0.06%             | 2048-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELECTRIC POWER COMPANY                                              | SOUTHWESTERN ELEC POWER SR UNSECURED 03/40 6.2             | CUSIP: 845437BL5<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    14340000 | PA      | $14622667.50    | 0.06%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELECTRIC POWER COMPANY                                              | SOUTHWESTERN ELEC POWER SR UNSECURED 10/26 2.75            | CUSIP: 845437BP6<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |      900000 | PA      | $829485.38      | 0.00%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELECTRIC POWER COMPANY                                              | SOUTHWESTERN ELEC POWER SR UNSECURED 11/51 3.25            | CUSIP: 845437BT8<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |      550000 | PA      | $363983.81      | 0.00%             | 2051-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 03/29 3.95                | CUSIP: 03027XAU4<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    23300000 | PA      | $21527560.38    | 0.09%             | 2029-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERVICE COMPANY                                              | SOUTHWESTERN PUBLIC SERV 1ST MORTGAGE 05/50 3.15           | CUSIP: 845743BU6<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |    18050000 | PA      | $12540378.11    | 0.05%             | 2050-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERVICE COMPANY                                              | SOUTHWESTERN PUBLIC SERV 1ST MORTGAGE 06/52 5.15           | CUSIP: 845743BW2<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |    13000000 | PA      | $12018582.55    | 0.05%             | 2052-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERVICE COMPANY                                              | SOUTHWESTERN PUBLIC SERV SR UNSECURED 10/36 6              | CUSIP: 845743BL6<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1992155.06     | 0.01%             | 2036-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 03/32 4.05                | CUSIP: 03027XBW9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     1300000 | PA      | $1162952.66     | 0.00%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | SPIRIT AEROSYSTEMS INC COMPANY GUAR 06/28 4.6              | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |      800000 | PA      | $647226.42      | 0.00%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | SPIRIT AEROSYSTEMS INC SR SECURED 06/26 3.85               | CUSIP: 85205TAG5<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |     2400000 | PA      | $2175726.17     | 0.01%             | 2026-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SPIRIT AIRLINES PASS THROUGH TRUST 2015-1A                                       | SPIRIT AIR 2015 1 PTT A PASS THRU CE 10/29 4.1             | CUSIP: 84858DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4381536 | PA      | $3909309.66     | 0.02%             | 2029-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | SPIRIT REALTY LP COMPANY GUAR 01/30 3.4                    | CUSIP: 84861TAF5<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              | CORP              | US        |     9025000 | PA      | $7537535.78     | 0.03%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | SPIRIT REALTY LP COMPANY GUAR 02/31 3.2                    | CUSIP: 84861TAG3<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              | CORP              | US        |    11100000 | PA      | $8887434.23     | 0.04%             | 2031-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | SPIRIT REALTY LP COMPANY GUAR 02/32 2.7                    | CUSIP: 84861TAJ7<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              | CORP              | US        |    11400000 | PA      | $8463342.10     | 0.04%             | 2032-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | SPIRIT REALTY LP COMPANY GUAR 07/29 4                      | CUSIP: 84861TAD0<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              | CORP              | US        |      200000 | PA      | $174029.52      | 0.00%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | SPIRIT REALTY LP COMPANY GUAR 09/26 4.45                   | CUSIP: 84861TAC2<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              | CORP              | US        |     2350000 | PA      | $2247617.74     | 0.01%             | 2026-09-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 06/30 2.1                 | CUSIP: 03027XBC3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    17100000 | PA      | $13573174.76    | 0.06%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC  / SPRINT SPECTRUM CO III LLC | SPRINT SPECTRUM / SPEC I SR SECURED 144A 09/29 5.152       | CUSIP: 85208NAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    22100000 | PA      | $21803481.65    | 0.09%             | 2029-09-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 06/50 3.1                 | CUSIP: 03027XBD1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    14059000 | PA      | $8904489.50     | 0.04%             | 2050-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 08/29 3.8                 | CUSIP: 03027XAW0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    61500000 | PA      | $55924366.34    | 0.24%             | 2029-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | STANDARD CHARTERED PLC SUBORDINATED 144A 01/33 VAR         | CUSIP: 853254CH1<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     3200000 | PA      | $2414754.85     | 0.01%             | 2033-01-12      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | STANDARD CHARTERED PLC SUBORDINATED 144A 02/36 VAR         | CUSIP: 853254BU3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    15500000 | PA      | $11492543.05    | 0.05%             | 2036-02-18      | Floating      | 3.27%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                                          | STANDARD INDUSTRIES INC SR UNSECURED 144A 01/28 4.75       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    17100000 | PA      | $15413085.00    | 0.07%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                                          | STANDARD INDUSTRIES INC. 2021 TERM LOAN B                  | CUSIP: 85350EAB2<br>LEI: 54930064UHXCIUWVI755 | Long             | LON              | CORP              | US        |     9957950 | PA      | $9849507.92     | 0.04%             | 2028-09-22      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | STANFORD UNIVERSITY UNSECURED 06/50 2.413                  | CUSIP: 85440KAD6<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |    12600000 | PA      | $7995899.65     | 0.03%             | 2050-06-01      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORPORATION                                                            | STARBUCKS CORP SR UNSECURED 08/49 4.45                     | CUSIP: 855244AU3<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     2000000 | PA      | $1710199.94     | 0.01%             | 2049-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORPORATION                                                            | STARBUCKS CORP SR UNSECURED 11/50 3.5                      | CUSIP: 855244BA6<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    17358000 | PA      | $12606245.76    | 0.05%             | 2050-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| START IRELAND 2019-1                                                             | START LTD. STARR 2019 1 A 144A                             | CUSIP: 85573LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |     3925500 | PA      | $3354866.56     | 0.01%             | 2044-03-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 10/26 3.375               | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     6487000 | PA      | $6073907.06     | 0.03%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 10/30 0.95                | CUSIP: ACI20TQ33<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     4300000 | PA      | $3533915.48     | 0.01%             | 2030-10-05      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| STATE AGENCY OF ROADS OF UKRAINE                                                 | STATE AGE ROADS GOVT GUARANT REGS 06/30 6.25               | CUSIP: ACI1YPKX6<br>LEI: 254900FGEO8P5USHG994 | Long             | DBT              | NUSS              | UA        |     1000000 | PA      | $178690.00      | 0.00%             | 2030-06-24      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 10/49 3.7                 | CUSIP: 03027XAY6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     7300000 | PA      | $5209950.43     | 0.02%             | 2049-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| STATE OF OREGON DEPARTMENT OF TRANSPORTATION                                     | OREGON ST DEPT OF TRANSPRTN HI ORSTRN 11/34 FIXED 5.834    | CUSIP: 68607DNL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     9200000 | PA      | $9892867.64     | 0.04%             | 2034-11-15      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| AMERICAN TRANSMISSION SYSTEMS INCORPORATED                                       | AMERICAN TRANSMISSION SY SR UNSECURED 144A 09/44 5         | CUSIP: 030288AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    13395000 | PA      | $12233422.30    | 0.05%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STIFEL FINANCIAL CORP                                                            | STIFEL FINANCIAL CORP SR UNSECURED 05/30 4                 | CUSIP: 860630AG7<br>LEI: 549300E5F07FE5GHJX84 | Long             | DBT              | CORP              | US        |     5600000 | PA      | $4869435.48     | 0.02%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL CORPORATION                                                        | STORE CAPITAL CORP SR UNSECURED 11/30 2.75                 | CUSIP: 862121AC4<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1462793.45     | 0.01%             | 2030-11-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL CORP                                                      | AMERICAN WATER CAPITAL C SR UNSECURED 09/47 3.75           | CUSIP: 03040WAR6<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $3915367.50     | 0.02%             | 2047-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL CORP                                                      | AMERICAN WATER CAPITAL C SR UNSECURED 10/37 6.593          | CUSIP: 03040WAD7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |      150000 | PA      | $166565.92      | 0.00%             | 2037-10-15      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL CORP                                                      | AMERICAN WATER CAPITAL C SR UNSECURED 12/42 4.3            | CUSIP: 03040WAJ4<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     8700000 | PA      | $7592252.58     | 0.03%             | 2042-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ARM LOAN TRUST 2004-12                                                | STRUCTURED ADJUSTABLE RATE MOR SARM 2004 12 3A1            | CUSIP: 863579AP3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      195908 | PA      | $187995.81      | 0.00%             | 2034-09-25      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SEC CORP 2007-WF2                                               | STRUCTURED ASSET SECURITIES CO SASC 2007 WF2 A1            | CUSIP: 86364LAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      103632 | PA      | $102290.22      | 0.00%             | 2037-08-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                                                               | AMFAM HOLDINGS INC SR UNSECURED 144A 03/31 2.805           | CUSIP: 03115AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11960000 | PA      | $9321908.41     | 0.04%             | 2031-03-11      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                                                               | AMFAM HOLDINGS INC SR UNSECURED 144A 03/51 3.833           | CUSIP: 03115AAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10315000 | PA      | $6807215.39     | 0.03%             | 2051-03-11      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSECURED 02/50 3.375                         | CUSIP: 031162CS7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    10300000 | PA      | $7206629.02     | 0.03%             | 2050-02-21      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO LIFE INSURANCE COMPANY                                                  | SUMITOMO LIFE INSUR SUBORDINATED 144A 04/81 VAR            | CUSIP: 86564CAC4<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    16300000 | PA      | $13620254.08    | 0.06%             | 2081-04-15      | Floating      | 3.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                              | SUMITOMO MITSUI FINL GRP SR UNSECURED 01/30 2.75           | CUSIP: 86562MBW9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     2700000 | PA      | $2271428.03     | 0.01%             | 2030-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSECURED 05/45 4.4                           | CUSIP: 031162BZ2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $842476.87      | 0.00%             | 2045-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                              | SUMITOMO MITSUI FINL GRP SR UNSECURED 07/29 3.04           | CUSIP: 86562MBP4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    11300000 | PA      | $9794174.20     | 0.04%             | 2029-07-16      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                              | SUMITOMO MITSUI FINL GRP SR UNSECURED 07/30 2.13           | CUSIP: 86562MCB4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    37100000 | PA      | $29400906.72    | 0.12%             | 2030-07-08      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSECURED 06/48 4.563                         | CUSIP: 031162CD0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    11574000 | PA      | $9940374.92     | 0.04%             | 2048-06-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP                                    | SUN COMMUNITIES OPER LP COMPANY GUAR 07/31 2.7             | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |     6800000 | PA      | $5383821.80     | 0.02%             | 2031-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSECURED 06/51 4.663                         | CUSIP: 031162CF5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   170913000 | PA      | $147953920.01   | 0.63%             | 2051-06-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| SUNCOR ENERGY INC                                                                | SUNCOR ENERGY INC SR UNSECURED 06/38 6.5                   | CUSIP: 867229AE6<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |      100000 | PA      | $102966.17      | 0.00%             | 2038-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUNCOR ENERGY INC                                                                | SUNCOR ENERGY INC SR UNSECURED 11/28 7                     | CUSIP: 71644EAF9<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |    17772000 | PA      | $18942657.99    | 0.08%             | 2028-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSECURED 08/41 2.8                           | CUSIP: 031162DA5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     3700000 | PA      | $2577672.90     | 0.01%             | 2041-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | AMGEN INC SR UNSECURED 10/41 4.95                          | CUSIP: 031162BE9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     4650000 | PA      | $4273652.62     | 0.02%             | 2041-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/40 3.161                        | CUSIP: 86944BAH6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     1950000 | PA      | $1464853.67     | 0.01%             | 2040-08-15      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/50 3.361                        | CUSIP: 86944BAJ2<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     2600000 | PA      | $1773657.96     | 0.01%             | 2050-08-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | SUZANO AUSTRIA GMBH COMPANY GUAR 01/29 6                   | CUSIP: 86964WAF9<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    13600000 | PA      | $13559321.58    | 0.06%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB FINANCIAL GROUP SR UNSECURED 04/33 VAR                 | CUSIP: 78486QAS0<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |    16800000 | PA      | $14910110.88    | 0.06%             | 2033-04-29      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                                                         | SVENSKA HANDELSBANKEN AB JR SUBORDINA REGS 12/99 VAR       | CUSIP: ACI1RWFN7<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |     6000000 | PA      | $4927590.00     | 0.02%             | 2031-03-01      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE COMPANY PTY LIMITED                                       | SYDNEY AIRPORT FINANCE SR SECURED 144A 03/23 3.9           | CUSIP: 87124VAD1<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |     1200000 | PA      | $1196795.09     | 0.01%             | 2023-03-22      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                              | SYNCHRONY FINANCIAL SR UNSECURED 07/25 4.5                 | CUSIP: 87165BAG8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |      600000 | PA      | $575703.13      | 0.00%             | 2025-07-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                              | SYNCHRONY FINANCIAL SR UNSECURED 10/31 2.875               | CUSIP: 87165BAR4<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    12000000 | PA      | $8988465.00     | 0.04%             | 2031-10-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SYNGENTA FINANCE NV                                                              | SYNGENTA FINANCE NV COMPANY GUAR 144A 04/23 4.441          | CUSIP: 87164KAH7<br>LEI: 54930042S3BYCEGOCN86 | Long             | DBT              | CORP              | NL        |     1000000 | PA      | $995646.19      | 0.00%             | 2023-04-24      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| SYNGENTA FINANCE NV                                                              | SYNGENTA FINANCE NV COMPANY GUAR 144A 04/25 4.892          | CUSIP: 87164KAG9<br>LEI: 54930042S3BYCEGOCN86 | Long             | DBT              | CORP              | NL        |     5547000 | PA      | $5377269.45     | 0.02%             | 2025-04-24      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 01/53 5.65                   | CUSIP: 87264ACW3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    19000000 | PA      | $18498893.81    | 0.08%             | 2053-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 02/28 2.05                   | CUSIP: 87264ACA1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    11600000 | PA      | $9982176.65     | 0.04%             | 2028-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 02/31 2.55                   | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    10400000 | PA      | $8521176.77     | 0.04%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 02/51 3.3                    | CUSIP: 87264ABN4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    39900000 | PA      | $26802280.76    | 0.11%             | 2051-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 03/32 2.7                    | CUSIP: 87264ACQ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     2300000 | PA      | $1864380.92     | 0.01%             | 2032-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 04/27 3.75                   | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    14400000 | PA      | $13585260.96    | 0.06%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 04/30 3.875                  | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     4395000 | PA      | $3991365.71     | 0.02%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 04/31 3.5                    | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     1100000 | PA      | $952296.86      | 0.00%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 09/62 5.8                    | CUSIP: 87264ACX1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     4300000 | PA      | $4186443.15     | 0.02%             | 2062-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 10/52 3.4                    | CUSIP: 87264ACT0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    31800000 | PA      | $21510604.06    | 0.09%             | 2052-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 11/60 3.6                    | CUSIP: 87264ABY0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    39797000 | PA      | $26460179.61    | 0.11%             | 2060-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC SR UNSECURED 04/40 4.375                  | CUSIP: 87264AAX3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    18700000 | PA      | $16035449.90    | 0.07%             | 2040-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC SR UNSECURED 04/50 4.5                    | CUSIP: 87264AAZ8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    52300000 | PA      | $43256590.48    | 0.18%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE                                                    | TAKE TWO INTERACTIVE SOF SR UNSECURED 04/32 4              | CUSIP: 874054AH2<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     7700000 | PA      | $6837243.57     | 0.03%             | 2032-04-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC COMPANY                                                           | TAMPA ELECTRIC CO SR UNSECURED 06/49 4.45                  | CUSIP: 875127BF8<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |    18500000 | PA      | $15367056.64    | 0.07%             | 2049-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | TARGA RESOURCES CORP COMPANY GUAR 04/52 4.95               | CUSIP: 87612GAB7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     8900000 | PA      | $7081172.95     | 0.03%             | 2052-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | TARGA RESOURCES CORP COMPANY GUAR 07/52 6.25               | CUSIP: 87612KAC6<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    14300000 | PA      | $13568967.56    | 0.06%             | 2052-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PARTNERS FINANCE CORP              | TARGA RESOURCES PARTNERS COMPANY GUAR 02/31 4.875          | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6600000 | PA      | $5968380.00     | 0.03%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORPORATION                                                            | TD SYNNEX CORP SR UNSECURED 08/28 2.375                    | CUSIP: 87162WAH3<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |     9200000 | PA      | $7439849.47     | 0.03%             | 2028-08-09      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORPORATION                                                            | TD SYNNEX CORP SR UNSECURED 08/31 2.65                     | CUSIP: 87162WAK6<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |     2450000 | PA      | $1862546.18     | 0.01%             | 2031-08-09      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA (TIAA-CREF)                | TEACHERS INSUR + ANNUITY SUBORDINATED 144A 05/47 4.27      | CUSIP: 878091BF3<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    11300000 | PA      | $9293652.12     | 0.04%             | 2047-05-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA (TIAA-CREF)                | TEACHERS INSUR + ANNUITY SUBORDINATED 144A 05/50 3.3       | CUSIP: 878091BG1<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    30000000 | PA      | $20877364.20    | 0.09%             | 2050-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA (TIAA-CREF)                | TEACHERS INSUR + ANNUITY SUBORDINATED 144A 09/44 4.9       | CUSIP: 878091BD8<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    18400000 | PA      | $16911015.14    | 0.07%             | 2044-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA (TIAA-CREF)                | TEACHERS INSUR + ANNUITY SUBORDINATED 144A 12/39 6.85      | CUSIP: 878091BC0<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |     5129000 | PA      | $5672359.49     | 0.02%             | 2039-12-16      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EMISIONES SAU                                                         | TELEFONICA EMISIONES SAU COMPANY GUAR 03/47 5.213          | CUSIP: 87938WAU7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    15900000 | PA      | $12833825.24    | 0.05%             | 2047-03-08      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EMISIONES SAU                                                         | TELEFONICA EMISIONES SAU COMPANY GUAR 03/48 4.895          | CUSIP: 87938WAW3<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    15330000 | PA      | $11844778.00    | 0.05%             | 2048-03-06      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EMISIONES SAU                                                         | TELEFONICA EMISIONES SAU COMPANY GUAR 03/49 5.52           | CUSIP: 87938WAX1<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |     7800000 | PA      | $6554480.48     | 0.03%             | 2049-03-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EMISIONES SAU                                                         | TELEFONICA EMISIONES SAU COMPANY GUAR 06/36 7.045          | CUSIP: 87938WAC7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    15097000 | PA      | $15534590.92    | 0.07%             | 2036-06-20      | Fixed         | 7.04%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EUROPE BV                                                             | TELEFONICA EUROPE BV COMPANY GUAR 09/30 8.25               | CUSIP: 879385AD4<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |     8650000 | PA      | $9673526.99     | 0.04%             | 2030-09-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED 144A 01/38 3.925         | CUSIP: 88032WAH9<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     7700000 | PA      | $6149047.91     | 0.03%             | 2038-01-19      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED 144A 04/29 3.975         | CUSIP: 88032WAN6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    27000000 | PA      | $24905843.82    | 0.11%             | 2029-04-11      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED 144A 04/41 3.68          | CUSIP: 88032WBB1<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    23500000 | PA      | $17315657.75    | 0.07%             | 2041-04-22      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED 144A 04/51 3.84          | CUSIP: 88032WBC9<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     9100000 | PA      | $6464467.28     | 0.03%             | 2051-04-22      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED 144A 04/61 3.94          | CUSIP: 88032WBD7<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    14300000 | PA      | $9862428.86     | 0.04%             | 2061-04-22      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED 144A 06/50 3.24          | CUSIP: 88032WAV8<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    14300000 | PA      | $9067091.46     | 0.04%             | 2050-06-03      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED 144A 06/60 3.29          | CUSIP: 88032WAW6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    13300000 | PA      | $7998134.68     | 0.03%             | 2060-06-03      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED REGS 01/28 3.595         | CUSIP: 88032XAG9<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |      300000 | PA      | $275480.53      | 0.00%             | 2028-01-19      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED REGS 01/38 3.925         | CUSIP: 88032XAH7<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     5000000 | PA      | $3992888.25     | 0.02%             | 2038-01-19      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED REGS 04/29 3.975         | CUSIP: 88032XAN4<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     9613000 | PA      | $8867402.84     | 0.04%             | 2029-04-11      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED REGS 04/41 3.68          | CUSIP: 88032XBB9<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    58500000 | PA      | $43104935.25    | 0.18%             | 2041-04-22      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LIMITED                                                         | TENCENT HOLDINGS LTD SR UNSECURED REGS 06/30 2.39          | CUSIP: 88032XAU8<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     9475000 | PA      | $7725318.45     | 0.03%             | 2030-06-03      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE COMPANY LLC                                               | TENNESSEE GAS PIPELINE COMPANY GUAR 04/37 7.625            | CUSIP: 880451AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      320000 | PA      | $349566.43      | 0.00%             | 2037-04-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE COMPANY LLC                                               | TENNESSEE GAS PIPELINE COMPANY GUAR 144A 03/30 2.9         | CUSIP: 880451AZ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4500000 | PA      | $3779107.97     | 0.02%             | 2030-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TESCO PROPERTY FIN 2 PLC                                                         | TESCO PROPERTY FIN 2 PLC SR SECURED REGS 10/39 6.0517      | CUSIP: B41QB0II2<br>LEI: 2138008F9VZUZWUBZD27 | Long             | DBT              | CORP              | GB        |      307401 | PA      | $361712.47      | 0.00%             | 2039-10-13      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TEXAS CAPITAL BANCSHARES INC                                                     | TEXAS CAPITAL BANCSHARES SUBORDINATED 05/31 VAR            | CUSIP: 88224QAA5<br>LEI: 549300466Q2SXRX0YM48 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $6665648.25     | 0.03%             | 2031-05-06      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS EASTERN TRANSMISSION LP                                                    | TEXAS EASTERN TRANSMISSI SR UNSECURED 144A 01/48 4.15      | CUSIP: 882384AE0<br>LEI: 549300SIOULUXXIDGA69 | Long             | DBT              | CORP              | US        |      400000 | PA      | $322866.39      | 0.00%             | 2048-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSPORTATION COMMISSION STATE HIGHWAY FUND                               | TEXAS ST TRANSPRTN COMMISSIONS TXSTRN 04/30 FIXED 5.178    | CUSIP: 88283LHU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    16000000 | PA      | $16319952.00    | 0.07%             | 2030-04-01      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                          | BANK OF NOVA SCOTIA JR SUBORDINA 12/99 VAR                 | CUSIP: 064159VJ2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     6600000 | PA      | $6344250.00     | 0.03%             | 2025-06-04      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| THE FORD FOUNDATION                                                              | FORD FOUNDATION/THE UNSECURED 06/50 2.415                  | CUSIP: 34531XAB0<br>LEI: 54930013YZ3DULPNNT44 | Long             | DBT              | CORP              | US        |     3800000 | PA      | $2408100.28     | 0.01%             | 2050-06-01      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| THE FORD FOUNDATION                                                              | FORD FOUNDATION/THE UNSECURED 06/70 2.815                  | CUSIP: 34531XAC8<br>LEI: 54930013YZ3DULPNNT44 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $4175347.55     | 0.02%             | 2070-06-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| THE PROGRESSIVE CORPORATION                                                      | PROGRESSIVE CORP SR UNSECURED 01/45 3.7                    | CUSIP: 743315AQ6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     1390000 | PA      | $1082407.28     | 0.00%             | 2045-01-26      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| THE PROGRESSIVE CORPORATION                                                      | PROGRESSIVE CORP SR UNSECURED 03/52 3.7                    | CUSIP: 743315BA0<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     4500000 | PA      | $3474760.28     | 0.01%             | 2052-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| THE PROGRESSIVE CORPORATION                                                      | PROGRESSIVE CORP SR UNSECURED 04/47 4.125                  | CUSIP: 743315AS2<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     1700000 | PA      | $1431656.00     | 0.01%             | 2047-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA                                   | UNIVERSITY OF PENNSYLVAN SR UNSECURED 09/12 4.674          | CUSIP: 91481CAA8<br>LEI: 549300FG60YK9HZ7DS75 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $2139076.83     | 0.01%             | 2112-09-01      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| THOMAS JEFFERSON UNIVERSITY                                                      | THOMAS JEFFERSON UNIV SECURED 11/57 3.847                  | CUSIP: 88444NAS7<br>LEI: DB1TWPCZX5RK7VR27A68 | Long             | DBT              | CORP              | US        |     7300000 | PA      | $5240340.77     | 0.02%             | 2057-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| THOMSON REUTERS CORPORATION                                                      | THOMSON REUTERS CORP SR UNSECURED 11/43 5.65               | CUSIP: 884903BP9<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |    10791000 | PA      | $9955744.44     | 0.04%             | 2043-11-23      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE ENTERPRISES LLC                                                | TIME WARNER CABLE ENTRMN SR SECURED 03/23 8.375            | CUSIP: 88731EAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1128000 | PA      | $1135138.11     | 0.00%             | 2023-03-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE ENTERPRISES LLC                                                | TIME WARNER CABLE ENTRMN SR SECURED 07/33 8.375            | CUSIP: 88731EAJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    18420000 | PA      | $20522911.75    | 0.09%             | 2033-07-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                            | TIME WARNER CABLE LLC SR SECURED 05/37 6.55                | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     7306000 | PA      | $6982119.91     | 0.03%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                            | TIME WARNER CABLE LLC SR SECURED 06/39 6.75                | CUSIP: 88732JAU2<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    52495000 | PA      | $49913631.34    | 0.21%             | 2039-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                            | TIME WARNER CABLE LLC SR SECURED 07/38 7.3                 | CUSIP: 88732JAN8<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     2080000 | PA      | $2071213.00     | 0.01%             | 2038-07-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                            | TIME WARNER CABLE LLC SR SECURED 09/41 5.5                 | CUSIP: 88732JBB3<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    14800000 | PA      | $12337671.46    | 0.05%             | 2041-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                            | TIME WARNER CABLE LLC SR SECURED 09/42 4.5                 | CUSIP: 88732JBD9<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    18500000 | PA      | $13610000.08    | 0.06%             | 2042-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                            | TIME WARNER CABLE LLC SR SECURED 11/40 5.875               | CUSIP: 88732JAY4<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     5200000 | PA      | $4550145.13     | 0.02%             | 2040-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TOLEDO EDISON CO                                                                 | TOLEDO EDISON COMPANY 1ST MORTGAGE 144A 05/28 2.65         | CUSIP: 889175BF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    16667000 | PA      | $14592292.01    | 0.06%             | 2028-05-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| TOLEDO EDISON CO                                                                 | TOLEDO EDISON COMPANY SR SECURED 05/37 6.15                | CUSIP: 889175BD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1974400.56     | 0.01%             | 2037-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| TOPAZ SOLAR FARMS LLC                                                            | TOPAZ SOLAR FARMS LLC SR SECURED 144A 09/39 4.875          | CUSIP: 89054XAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5044440 | PA      | $4489248.93     | 0.02%             | 2039-09-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR               | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    25000000 | PA      | $26062500.00    | 0.11%             | 2082-10-31      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL INTERNATIONAL                                              | TOTALENERGIES CAP INTL COMPANY GUAR 06/60 3.386            | CUSIP: 89153VAW9<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    10700000 | PA      | $7503437.27     | 0.03%             | 2060-06-29      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE FUNDING 2019 - GRANITE4 PLC                                  | TOWD POINT MORTGAGE FUNDING TPMF 2019 GR4A A1 144A         | CUSIP: ACI19VH23<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |     5370028 | PA      | $6453907.64     | 0.03%             | 2051-10-20      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-HY2                                               | TOWD POINT MORTGAGE TRUST TPMT 2019 HY2 A1 144A            | CUSIP: 89177HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1625797 | PA      | $1612160.21     | 0.01%             | 2058-05-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| TRANSATLANTIC HOLDINGS INC                                                       | TRANSATLANTIC HOLDINGS SR UNSECURED 11/39 8                | CUSIP: 893521AB0<br>LEI: RN37QJVS1BV19MNIC295 | Long             | DBT              | CORP              | US        |     7933000 | PA      | $9880672.08     | 0.04%             | 2039-11-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES LIMITED                                                    | TRANSCANADA PIPELINES SR UNSECURED 01/39 7.625             | CUSIP: 8935268Z9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    10020000 | PA      | $11502197.28    | 0.05%             | 2039-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES LIMITED                                                    | TRANSCANADA PIPELINES SR UNSECURED 03/34 4.625             | CUSIP: 89352HAM1<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |      800000 | PA      | $731610.82      | 0.00%             | 2034-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES LIMITED                                                    | TRANSCANADA PIPELINES SR UNSECURED 05/38 4.75              | CUSIP: 89352HAX7<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     2300000 | PA      | $2059009.27     | 0.01%             | 2038-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES LIMITED                                                    | TRANSCANADA PIPELINES SR UNSECURED 05/48 4.875             | CUSIP: 89352HAY5<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    25600000 | PA      | $22482657.54    | 0.10%             | 2048-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES LIMITED                                                    | TRANSCANADA PIPELINES SR UNSECURED 08/38 7.25              | CUSIP: 89352HAE9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     1075000 | PA      | $1195286.49     | 0.01%             | 2038-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES LIMITED                                                    | TRANSCANADA PIPELINES SR UNSECURED 10/37 6.2               | CUSIP: 89352HAD1<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     3484000 | PA      | $3566558.54     | 0.02%             | 2037-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TRANSCONTINENTAL GAS PIPE LINE COMPANY LLC                                       | TRANSCONT GAS PIPE LINE SR UNSECURED 03/48 4.6             | CUSIP: 893574AM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2400000 | PA      | $2006173.34     | 0.01%             | 2048-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| TRANSCONTINENTAL GAS PIPE LINE COMPANY LLC                                       | TRANSCONT GAS PIPE LINE SR UNSECURED 05/50 3.95            | CUSIP: 893574AR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    23200000 | PA      | $17752580.61    | 0.08%             | 2050-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TRANSCONTINENTAL GAS PIPE LINE COMPANY LLC                                       | TRANSCONT GAS PIPE LINE SR UNSECURED 08/41 5.4             | CUSIP: 893574AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4330000 | PA      | $4127380.81     | 0.02%             | 2041-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COMPANIES INC                                                          | TRAVELERS COS INC SR UNSECURED 03/48 4.05                  | CUSIP: 89417EAN9<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3236321.56     | 0.01%             | 2048-03-07      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORPORATION                                                     | TRUIST FINANCIAL CORP SR UNSECURED 10/33 VAR               | CUSIP: 89788MAK8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $15830310.45    | 0.07%             | 2033-10-28      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| TRUSTAGE FINANCIAL GROUP INC                                                     | TRUSTAGE FINANCIAL GROUP SR UNSECURED 144A 04/32 4.625     | CUSIP: 89787EAA9<br>LEI: 549300X7YNHNZXTI6F10 | Long             | DBT              | CORP              | US        |    54700000 | PA      | $47322290.46    | 0.20%             | 2032-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TRUSTEES OF TUFTS COLLEGE                                                        | TUFTS UNIVERSITY UNSECURED 04/12 5.017                     | CUSIP: 899043AA1<br>LEI: 549300P8P46IPM1SBD64 | Long             | DBT              | CORP              | US        |     3000000 | PA      | $2460815.34     | 0.01%             | 2112-04-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                  | TSMC GLOBAL LTD COMPANY GUAR REGS 04/31 2.25               | CUSIP: G91139AH1<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |     5200000 | PA      | $4225493.12     | 0.02%             | 2031-04-23      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TTX COMPANY                                                                      | TTX CO SR UNSECURED 144A 02/49 4.6                         | CUSIP: 87305QCN9<br>LEI: 549300I8CNSYS1OGX775 | Long             | DBT              | CORP              | US        |     3700000 | PA      | $3214303.26     | 0.01%             | 2049-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                                           | UBS AG SUBORDINATED REGS 05/24 5.125                       | CUSIP: BMJ6SQII2<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    17121000 | PA      | $16935117.30    | 0.07%             | 2024-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG JR SUBORDINA 144A 12/99 4.875                 | CUSIP: 902613AJ7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    11400000 | PA      | $9690000.00     | 0.04%             | 2027-02-12      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 02/33 VAR                   | CUSIP: 902613AK4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    10900000 | PA      | $8451231.83     | 0.04%             | 2033-02-11      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 02/43 VAR                   | CUSIP: 902613AL2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     1100000 | PA      | $759563.19      | 0.00%             | 2043-02-11      | Floating      | 3.18%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 04/26 4.125                 | CUSIP: 90351DAF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    34600000 | PA      | $33230835.44    | 0.14%             | 2026-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 08/33 4.988                 | CUSIP: 902613AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     5000000 | PA      | $4642786.50     | 0.02%             | 2033-08-05      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 09/25 4.125                 | CUSIP: 90351DAB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      400000 | PA      | $389342.33      | 0.00%             | 2025-09-24      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR INC COMPANY GUAR 07/27 3.5                             | CUSIP: 90265EAM2<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |     3323000 | PA      | $3095098.43     | 0.01%             | 2027-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMASS MEMORIAL HEALTH CARE OBLIGATED GROUP                                       | UMASS MEM HEALTH CARE UNSECURED 07/52 5.363                | CUSIP: 90407JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1760017.01     | 0.01%             | 2052-07-01      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD ASHANTI HOLDINGS PLC                                                   | ANGLOGOLD HOLDINGS PLC COMPANY GUAR 10/30 3.75             | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     5600000 | PA      | $4861820.94     | 0.02%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD ASHANTI HOLDINGS PLC                                                   | ANGLOGOLD HOLDINGS PLC COMPANY GUAR 11/28 3.375            | CUSIP: 03512TAF8<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     9100000 | PA      | $7949566.81     | 0.03%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F030629<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   218700000 | PA      | $192154032.16   | 0.81%             | 2052-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F032617<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    61000000 | PA      | $55425528.42    | 0.23%             | 2049-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F032625<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   291164000 | PA      | $264726646.55   | 1.12%             | 2053-02-13      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH COS LLC / ANHEUSER-BUSCH INBEV WORLDWIDE INC                      | ANHEUSER BUSCH CO/INBEV COMPANY GUAR 02/36 4.7             | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    97900000 | PA      | $92830699.82    | 0.39%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH COS LLC / ANHEUSER-BUSCH INBEV WORLDWIDE INC                      | ANHEUSER BUSCH CO/INBEV COMPANY GUAR 02/46 4.9             | CUSIP: 03522AAJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   164610000 | PA      | $150472588.67   | 0.64%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV FINANCE INC                                                 | ANHEUSER BUSCH INBEV FIN COMPANY GUAR 02/46 4.9            | CUSIP: 035242AN6<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |      500000 | PA      | $457057.86      | 0.00%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F040610<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    14000000 | PA      | $13131614.16    | 0.06%             | 2053-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F040628<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   350550000 | PA      | $328888400.75   | 1.39%             | 2053-02-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F040636<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   121000000 | PA      | $113551385.20   | 0.48%             | 2053-03-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC                                               | ANHEUSER BUSCH INBEV WOR COMPANY GUAR 01/39 5.45           | CUSIP: 03523TBU1<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    12150000 | PA      | $12177193.40    | 0.05%             | 2039-01-23      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC                                               | ANHEUSER BUSCH INBEV WOR COMPANY GUAR 01/42 4.95           | CUSIP: 035240AG5<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     5800000 | PA      | $5466174.04     | 0.02%             | 2042-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F042624<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   275000000 | PA      | $264738644.50   | 1.12%             | 2053-02-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC                                               | ANHEUSER BUSCH INBEV WOR COMPANY GUAR 01/59 5.8            | CUSIP: 03523TBW7<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    54300000 | PA      | $55895590.30    | 0.24%             | 2059-01-23      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC                                               | ANHEUSER BUSCH INBEV WOR COMPANY GUAR 04/38 4.375          | CUSIP: 035240AM2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    11300000 | PA      | $10146633.75    | 0.04%             | 2038-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                                | CAPITAL ONE FINANCIAL CO JR SUBORDINA 12/99 VAR            | CUSIP: 14040HCF0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    16000000 | NS      | $12636800.00    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC                                               | ANHEUSER BUSCH INBEV WOR COMPANY GUAR 04/48 4.6            | CUSIP: 035240AN0<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     5286000 | PA      | $4620302.73     | 0.02%             | 2048-04-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC                                               | ANHEUSER BUSCH INBEV WOR COMPANY GUAR 06/40 4.35           | CUSIP: 035240AS9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    24000000 | PA      | $21193144.80    | 0.09%             | 2040-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC                                               | ANHEUSER BUSCH INBEV WOR COMPANY GUAR 10/48 4.439          | CUSIP: 03523TBT4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    16601000 | PA      | $14262824.85    | 0.06%             | 2048-10-06      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UNICREDIT SPA SR UNSECURED 144A 06/32 3.127                | CUSIP: 904678AY5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     6300000 | PA      | $4749148.85     | 0.02%             | 2032-06-03      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UNICREDIT SPA SR UNSECURED 144A 12/23 7.83                 | CUSIP: 904678AG4<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    78050000 | PA      | $78876064.03    | 0.33%             | 2023-12-04      | Fixed         | 7.83%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS LP                                                              | ANTARES HOLDINGS SR UNSECURED 144A 01/27 2.75              | CUSIP: 03666HAD3<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |     7700000 | PA      | $6177888.10     | 0.03%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC COMPANY                                                           | UNION ELECTRIC CO 1ST MORTGAGE 04/52 3.9                   | CUSIP: 906548CU4<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    31000000 | PA      | $25141033.79    | 0.11%             | 2052-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                                        | UNION PACIFIC CORP SR UNSECURED 02/70 3.75                 | CUSIP: 907818FL7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     9600000 | PA      | $7051327.30     | 0.03%             | 2070-02-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                                        | UNION PACIFIC CORP SR UNSECURED 04/71 3.799                | CUSIP: 907818FS2<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    12500000 | PA      | $9279762.00     | 0.04%             | 2071-04-06      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                                        | UNION PACIFIC CORP SR UNSECURED 05/61 3.55                 | CUSIP: 907818FV5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    22710000 | PA      | $16653845.95    | 0.07%             | 2061-05-20      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                                        | UNION PACIFIC CORP SR UNSECURED 08/39 3.55                 | CUSIP: 907818FD5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     2800000 | PA      | $2323681.86     | 0.01%             | 2039-08-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                                        | UNION PACIFIC CORP SR UNSECURED 08/59 3.95                 | CUSIP: 907818FE3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |       10000 | PA      | $7855.32        | 0.00%             | 2059-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                                        | UNION PACIFIC CORP SR UNSECURED 09/62 2.973                | CUSIP: 907818FN3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |      800000 | PA      | $517956.14      | 0.00%             | 2062-09-16      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS LP                                                              | ANTARES HOLDINGS SR UNSECURED 144A 07/26 3.95              | CUSIP: 03666HAC5<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |     4100000 | PA      | $3551037.96     | 0.02%             | 2026-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2013-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2013 1 A PTT PASS THRU CE 02/27 4.3             | CUSIP: 909319AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    11000682 | PA      | $10247826.22    | 0.04%             | 2027-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2014-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2014 1 A PTT PASS THRU CE 10/27 4               | CUSIP: 90932PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    10418917 | PA      | $9695381.50     | 0.04%             | 2027-10-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2014-2 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2014 2 A PTT PASS THRU CE 03/28 3.75            | CUSIP: 90932QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5689659 | PA      | $5244253.68     | 0.02%             | 2028-03-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2015-1 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2015 1 AA PTT PASS THRU CE 06/29 3.45           | CUSIP: 90932LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2125689 | PA      | $1894547.88     | 0.01%             | 2029-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2016-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2016 1 A PTT PASS THRU CE 01/30 3.45            | CUSIP: 90931MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      782552 | PA      | $660283.87      | 0.00%             | 2030-01-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2016-1 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2016 1 AA PTT PASS THRU CE 01/30 3.1            | CUSIP: 90931LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    25250630 | PA      | $22813701.37    | 0.10%             | 2030-01-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2016-2 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2016 2 A PTT PASS THRU CE 04/30 3.1             | CUSIP: 90932DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3114177 | PA      | $2522362.35     | 0.01%             | 2030-04-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS LP                                                              | ANTARES HOLDINGS SR UNSECURED 144A 07/27 3.75              | CUSIP: 03666HAE1<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    18400000 | PA      | $14900078.04    | 0.06%             | 2027-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2018-1 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2018 1 AA PTT PASS THRU CE 09/31 3.5            | CUSIP: 909318AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3883745 | PA      | $3362590.94     | 0.01%             | 2031-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2019 1 A PTT PASS THRU CE 08/31 4.55            | CUSIP: 90931EAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    13247345 | PA      | $11169917.36    | 0.05%             | 2031-08-25      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-1 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2019 1 AA PTT PASS THRU CE 02/33 4.15           | CUSIP: 90931CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     8427961 | PA      | $7478348.92     | 0.03%             | 2033-02-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-2 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2019 2 AA PTT PASS THRU CE 11/33 2.7            | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     3361193 | PA      | $2721394.73     | 0.01%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2020-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2020 1 A PTT PASS THRU CE 04/29 5.875           | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    36831863 | PA      | $36365174.15    | 0.15%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/23 0.00000                                | CUSIP: 912796ZM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      686000 | PA      | $683900.46      | 0.00%             | 2023-01-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 03/23 0.00000                                | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1183000 | PA      | $1174930.47     | 0.00%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 02/47 0.875                                | CUSIP: 912810RW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    10616786 | PA      | $8713987.65     | 0.04%             | 2047-02-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 02/49 1                                    | CUSIP: 912810SG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    10303062 | PA      | $8622363.78     | 0.04%             | 2049-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 02/50 0.25                                 | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    10779723 | PA      | $7279705.30     | 0.03%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 02/51 0.125                                | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   101871180 | PA      | $65707789.23    | 0.28%             | 2051-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| APOLLO AVIATION SECURITIZATION EQUITY TRUST 2018-1A                              | AASET 2018 1 TRUST AASET 2018 1A A 144A                    | CUSIP: 000367AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     6473848 | PA      | $3987345.38     | 0.02%             | 2038-01-16      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 02/41 1.875                                | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  2013386000 | PA      | $1424156003.44  | 6.03%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 02/42 2.375                                | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   693100000 | PA      | $529531110.02   | 2.24%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 02/43 3.125                                | CUSIP: 912810QZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   196900000 | PA      | $168164906.25   | 0.71%             | 2043-02-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 02/45 2.5                                  | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   496718000 | PA      | $374430295.21   | 1.59%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 02/46 2.5                                  | CUSIP: 912810RQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   213985000 | PA      | $160304855.57   | 0.68%             | 2046-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER COMPANY                                                        | APPALACHIAN POWER CO SR UNSECURED 04/36 6.375              | CUSIP: 037735CG0<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     5146000 | PA      | $5277258.35     | 0.02%             | 2036-04-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER COMPANY                                                        | APPALACHIAN POWER CO SR UNSECURED 04/38 7                  | CUSIP: 037735CM7<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     2978000 | PA      | $3334321.45     | 0.01%             | 2038-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 02/52 2.25                                 | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   660927000 | PA      | $459860614.22   | 1.95%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER COMPANY                                                        | APPALACHIAN POWER CO SR UNSECURED 05/44 4.4                | CUSIP: 037735CT2<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     6350000 | PA      | $5260582.25     | 0.02%             | 2044-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER COMPANY                                                        | APPALACHIAN POWER CO SR UNSECURED 08/32 4.5                | CUSIP: 037735DA2<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     4400000 | PA      | $4115567.32     | 0.02%             | 2032-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER COMPANY                                                        | APPALACHIAN POWER CO SR UNSECURED 08/37 6.7                | CUSIP: 037735CK1<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     3600000 | PA      | $3760517.09     | 0.02%             | 2037-08-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER COMPANY                                                        | APPALACHIAN POWER CO SR UNSECURED 10/35 5.8                | CUSIP: 037735CE5<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     2176000 | PA      | $2131167.85     | 0.01%             | 2035-10-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 05/40 1.125                                | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    35339000 | PA      | $22136570.47    | 0.09%             | 2040-05-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 05/41 2.25                                 | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    86300000 | PA      | $64923894.75    | 0.27%             | 2041-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 05/42 3.25                                 | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   368086000 | PA      | $322880438.13   | 1.37%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 05/46 2.5                                  | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   189000000 | PA      | $141174139.68   | 0.60%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 05/48 3.125                                | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    91885000 | PA      | $77269542.19    | 0.33%             | 2048-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 05/49 2.875                                | CUSIP: 912810SH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   597100000 | PA      | $480782119.60   | 2.04%             | 2049-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 05/52 2.875                                | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   274613000 | PA      | $220119482.81   | 0.93%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | APPLE INC SR UNSECURED 02/61 2.8                           | CUSIP: 037833EG1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $4528085.85     | 0.02%             | 2061-02-08      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 08/41 1.75                                 | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   240300000 | PA      | $164563260.07   | 0.70%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | APPLE INC SR UNSECURED 05/50 2.65                          | CUSIP: 037833DW7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     4100000 | PA      | $2732071.33     | 0.01%             | 2050-05-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 08/42 3.375                                | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   173500000 | PA      | $155119843.75   | 0.66%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | APPLE INC SR UNSECURED 08/46 3.85                          | CUSIP: 037833CD0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    58395000 | PA      | $49884419.27    | 0.21%             | 2046-08-04      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 08/45 2.875                                | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   183507000 | PA      | $147923845.78   | 0.63%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 08/47 2.75                                 | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   216500000 | PA      | $169098340.39   | 0.72%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 08/48 3                                    | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   145464000 | PA      | $119530496.25   | 0.51%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | APPLE INC SR UNSECURED 08/61 2.85                          | CUSIP: 037833EL0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     8400000 | PA      | $5445132.17     | 0.02%             | 2061-08-05      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | APPLE INC SR UNSECURED 09/47 3.75                          | CUSIP: 037833DD9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    21600000 | PA      | $18052934.40    | 0.08%             | 2047-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | APPLE INC SR UNSECURED 09/49 2.95                          | CUSIP: 037833DQ0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    21100000 | PA      | $15041017.68    | 0.06%             | 2049-09-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 11/40 1.375                                | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   401150000 | PA      | $261013887.67   | 1.11%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 11/41 2                                    | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   103500000 | PA      | $73951963.02    | 0.31%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 11/47 2.75                                 | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   100512000 | PA      | $78489664.00    | 0.33%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| APTIV PLC (AKA: DELPHI AUTOMOTIVE PLC)                                           | APTIV PLC COMPANY GUAR 03/49 5.4                           | CUSIP: 03835VAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    10000000 | PA      | $8536614.70     | 0.04%             | 2049-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| APTIV PLC (AKA: DELPHI AUTOMOTIVE PLC)                                           | APTIV PLC COMPANY GUAR 12/51 3.1                           | CUSIP: 03835VAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     8700000 | PA      | $5175191.52     | 0.02%             | 2051-12-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 11/52 4                                    | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   282000000 | PA      | $282484687.50   | 1.20%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                                                           | APTIV PLC / APTIV CORP COMPANY GUAR 03/32 3.25             | CUSIP: 00217GAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    10000000 | PA      | $8205662.60     | 0.03%             | 2032-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                                                           | APTIV PLC / APTIV CORP COMPANY GUAR 05/52 4.15             | CUSIP: 00217GAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     2900000 | PA      | $2099317.86     | 0.01%             | 2052-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 01/47 4.2              | CUSIP: 91324PCX8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |      285000 | PA      | $245382.48      | 0.00%             | 2047-01-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 02/38 6.875            | CUSIP: 91324PBK7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |      150000 | PA      | $176664.29      | 0.00%             | 2038-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 02/41 5.95             | CUSIP: 91324PBQ4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     4700000 | PA      | $4988356.75     | 0.02%             | 2041-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 05/41 3.05             | CUSIP: 91324PEE8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    27200000 | PA      | $20550874.32    | 0.09%             | 2041-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 05/51 3.25             | CUSIP: 91324PEF5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    20200000 | PA      | $14553063.13    | 0.06%             | 2051-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 05/62 4.95             | CUSIP: 91324PEL2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4712006.30     | 0.02%             | 2062-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 07/45 4.75             | CUSIP: 91324PCR1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     5099000 | PA      | $4801697.81     | 0.02%             | 2045-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 08/49 3.7              | CUSIP: 91324PDU3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     5800000 | PA      | $4619437.32     | 0.02%             | 2049-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 08/59 3.875            | CUSIP: 91324PDV1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |      700000 | PA      | $551575.16      | 0.00%             | 2059-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 10/47 3.75             | CUSIP: 91324PDF6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     6160000 | PA      | $4928557.42     | 0.02%             | 2047-10-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                  | UNITEDHEALTH GROUP INC SR UNSECURED 11/41 4.625            | CUSIP: 91324PBU5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    14000000 | PA      | $12977307.56    | 0.05%             | 2041-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                         | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/12 FIXED 4.858    | CUSIP: 91412GHA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    27844000 | PA      | $23553167.21    | 0.10%             | 2112-05-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                         | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/41 FIXED 4.053    | CUSIP: 91412GHB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     4985000 | PA      | $4141460.23     | 0.02%             | 2041-05-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                         | UNIV OF CALIFORNIA CA REVENUES UNVHGR 12/99 FIXED 4.767    | CUSIP: 91412GC86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     7803000 | PA      | $6387651.28     | 0.03%             | 2099-12-31      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF MICHIGAN                                                           | UNIV OF MICHIGAN MI UNVHGR 04/22 FIXED 4.454               | CUSIP: 914455UJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     7400000 | PA      | $6021325.98     | 0.03%             | 2122-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF MICHIGAN                                                           | UNIV OF MICHIGAN MI UNVHGR 04/40 FIXED 2.437               | CUSIP: 914455UF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    15000000 | PA      | $10818529.50    | 0.05%             | 2040-04-01      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF MICHIGAN                                                           | UNIV OF MICHIGAN MI UNVHGR 04/50 FIXED 2.562               | CUSIP: 914455UG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     7000000 | PA      | $4546667.30     | 0.02%             | 2050-04-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF VIRGINIA                                                           | UNIV OF VIRGINIA VA UNIV REVEN UNIHGR 09/39 FIXED OID 6.2  | CUSIP: 915217RY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     1245000 | PA      | $1410799.89     | 0.01%             | 2039-09-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                       | UNUM GROUP SR UNSECURED 12/49 4.5                          | CUSIP: 91529YAP1<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |      500000 | PA      | $356475.42      | 0.00%             | 2049-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US AIRWAYS 2011-1 CLASS A PASS THRU TRUST                                        | US AIRWAYS 2011 1A PTT PASS THRU CE 04/25 7.125            | CUSIP: 903436AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1314441 | PA      | $1322535.66     | 0.01%             | 2025-04-22      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| US AIRWAYS 2012-2 CLASS A PASS THROUGH TRUST                                     | US AIRWAYS 2012 2A PTT PASS THRU CE 12/26 4.625            | CUSIP: 90345WAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1932131 | PA      | $1762729.69     | 0.01%             | 2026-12-03      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US AIRWAYS 2013-1 CLASS A PASS THROUGH TRUST                                     | US AIRWAYS 2013 1A PTT PASS THRU CE 05/27 3.95             | CUSIP: 90346WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4704609 | PA      | $4280002.78     | 0.02%             | 2027-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LTD                                                                | VALE OVERSEAS LIMITED COMPANY GUAR 07/30 3.75              | CUSIP: 91911TAQ6<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     3800000 | PA      | $3333309.08     | 0.01%             | 2030-07-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LTD                                                                | VALE OVERSEAS LIMITED COMPANY GUAR 11/36 6.875             | CUSIP: 91911TAH6<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    22806000 | PA      | $24114790.73    | 0.10%             | 2036-11-21      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORPORATION                                                        | VALERO ENERGY CORP SR UNSECURED 12/51 3.65                 | CUSIP: 91913YBD1<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    13500000 | PA      | $9592759.67     | 0.04%             | 2051-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC - VBTEL 2022-1A                                                 | VB S1 ISSUER LLC VBTEL 2022 1A C2II 144A                   | CUSIP: 91823AAW1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     7100000 | PA      | $5635412.71     | 0.02%             | 2057-02-15      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | VENTAS REALTY LP COMPANY GUAR 01/26 4.125                  | CUSIP: 92277GAG2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |      600000 | PA      | $582630.95      | 0.00%             | 2026-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | VENTAS REALTY LP COMPANY GUAR 01/29 4.4                    | CUSIP: 92277GAN7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1773849.98     | 0.01%             | 2029-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | VENTAS REALTY LP COMPANY GUAR 04/49 4.875                  | CUSIP: 92277GAQ0<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     4300000 | PA      | $3583253.94     | 0.02%             | 2049-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VENTURE 36 CLO LTD                                                               | VENTURE CDO LTD VENTR 2019 36A A1AR 144A                   | CUSIP: 92332LAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     8000000 | PA      | $7799764.40     | 0.03%             | 2032-04-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                                                                     | VERISIGN INC SR UNSECURED 06/31 2.7                        | CUSIP: 92343EAM4<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |     9400000 | PA      | $7679049.13     | 0.03%             | 2031-06-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL FINANCE LLC                                                         | ARCH CAPITAL FINANCE LLC COMPANY GUAR 12/46 5.031          | CUSIP: 03939CAB9<br>LEI: 549300XG4URFY0200M65 | Long             | DBT              | CORP              | US        |     4100000 | PA      | $3549129.90     | 0.02%             | 2046-12-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                                                             | VERISK ANALYTICS INC SR UNSECURED 05/50 3.625              | CUSIP: 92345YAG1<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    11900000 | PA      | $8264111.37     | 0.04%             | 2050-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 03/39 4.812            | CUSIP: 92343VDR2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     1902000 | PA      | $1750157.90     | 0.01%             | 2039-03-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 03/41 3.4              | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    11100000 | PA      | $8390025.58     | 0.04%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 03/51 3.55             | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      400000 | PA      | $286801.26      | 0.00%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 03/52 3.875            | CUSIP: 92343VGP3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    33300000 | PA      | $25417293.60    | 0.11%             | 2052-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 03/61 3.7              | CUSIP: 92343VGC2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     1800000 | PA      | $1264387.72     | 0.01%             | 2061-03-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GROUP LTD                                                           | ARCH CAPITAL GROUP LTD SR UNSECURED 06/50 3.635            | CUSIP: 03939AAA5<br>LEI: 549300AYR4P8AFKDCE43 | Long             | DBT              | CORP              | BM        |    23025000 | PA      | $15987033.44    | 0.07%             | 2050-06-30      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 08/46 4.862            | CUSIP: 92343VCK8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    11526000 | PA      | $10389285.82    | 0.04%             | 2046-08-21      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 10/56 2.987            | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    25810000 | PA      | $15860956.58    | 0.07%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 11/42 3.85             | CUSIP: 92343VBG8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    14860000 | PA      | $11843073.91    | 0.05%             | 2042-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 11/60 3                | CUSIP: 92343VFV1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      500000 | PA      | $299929.66      | 0.00%             | 2060-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERTICAL BRIDGE HOLDINGS LLC  2020-2A                                            | VB S1 ISSUER LLC VBTOW 2020 2A A 144A                      | CUSIP: 92535VAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    25000000 | PA      | $22333075.00    | 0.09%             | 2050-09-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI PROPERTIES LP SR UNSECURED 05/32 5.125                | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |     7700000 | PA      | $7144637.50     | 0.03%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI PROPERTIES LP SR UNSECURED 05/52 5.625                | CUSIP: 925650AE3<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    17400000 | PA      | $15416661.00    | 0.07%             | 2052-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELECTRIC AND POWER COMPANY                                              | VIRGINIA ELEC + POWER CO SR UNSECURED 05/37 6              | CUSIP: 927804FB5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |      400000 | PA      | $415497.92      | 0.00%             | 2037-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELECTRIC AND POWER COMPANY                                              | VIRGINIA ELEC + POWER CO SR UNSECURED 09/47 3.8            | CUSIP: 927804FY5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     7900000 | PA      | $6077814.99     | 0.03%             | 2047-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELECTRIC AND POWER COMPANY                                              | VIRGINIA ELEC + POWER CO SR UNSECURED 11/46 4              | CUSIP: 927804FW9<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    10600000 | PA      | $8367451.32     | 0.04%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELECTRIC AND POWER COMPANY                                              | VIRGINIA ELEC + POWER CO SR UNSECURED 12/48 4.6            | CUSIP: 927804GA6<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     4744000 | PA      | $4133315.60     | 0.02%             | 2048-12-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMWARE INC SR UNSECURED 05/25 4.5                          | CUSIP: 928563AD7<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     2900000 | PA      | $2846397.65     | 0.01%             | 2025-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMWARE INC SR UNSECURED 05/30 4.7                          | CUSIP: 928563AF2<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    25900000 | PA      | $24153867.33    | 0.10%             | 2030-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMWARE INC SR UNSECURED 08/27 3.9                          | CUSIP: 928563AC9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     3200000 | PA      | $2991678.91     | 0.01%             | 2027-08-21      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMWARE INC SR UNSECURED 08/28 1.8                          | CUSIP: 928563AK1<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     5600000 | PA      | $4582763.02     | 0.02%             | 2028-08-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMWARE INC SR UNSECURED 08/31 2.2                          | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     7700000 | PA      | $5861677.75     | 0.02%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | VODAFONE GROUP PLC JR SUBORDINA 04/79 VAR                  | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     5700000 | PA      | $5738703.00     | 0.02%             | 2079-04-04      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | VODAFONE GROUP PLC SR UNSECURED 02/43 4.375                | CUSIP: 92857WBD1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     3300000 | PA      | $2655468.29     | 0.01%             | 2043-02-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | VODAFONE GROUP PLC SR UNSECURED 05/48 5.25                 | CUSIP: 92857WBM1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    21100000 | PA      | $18685941.83    | 0.08%             | 2048-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | VODAFONE GROUP PLC SR UNSECURED 06/49 4.875                | CUSIP: 92857WBS8<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    30855000 | PA      | $25929405.92    | 0.11%             | 2049-06-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | VODAFONE GROUP PLC SR UNSECURED 06/59 5.125                | CUSIP: 92857WBT6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    22200000 | PA      | $19098874.45    | 0.08%             | 2059-06-19      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | VODAFONE GROUP PLC SR UNSECURED 11/32 6.25                 | CUSIP: 92857WAB6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     2650000 | PA      | $2780454.41     | 0.01%             | 2032-11-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                          | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 05/25 3.35      | CUSIP: 928668BE1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1816204.57     | 0.01%             | 2025-05-13      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| VONOVIA FINANCE BV                                                               | VONOVIA FINANCE BV COMPANY GUAR 144A 10/23 5               | CUSIP: 25155FAB2<br>LEI: 5299009XLZLD9TALOZ03 | Long             | DBT              | CORP              | NL        |     2200000 | PA      | $2170913.87     | 0.01%             | 2023-10-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VOYA FINANCIAL INC                                                               | VOYA FINANCIAL INC COMPANY GUAR 01/48 VAR                  | CUSIP: 929089AF7<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     6800000 | PA      | $5279970.64     | 0.02%             | 2048-01-23      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| WABTEC CORP (AKA: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP)                      | WESTINGHOUSE AIR BRAKE COMPANY GUAR 09/28 4.95             | CUSIP: 960386AM2<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |     4690000 | PA      | $4511836.89     | 0.02%             | 2028-09-15      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| WABTEC TRANSPORTATION NETHERLANDS BV                                             | WABTEC TRANSPORTATION COMPANY GUAR 12/27 1.25              | CUSIP: ACI1Y2G20<br>LEI: 213800W8WKL7DR8NFE48 | Long             | DBT              | CORP              | NL        |     2450000 | PA      | $2229950.64     | 0.01%             | 2027-12-03      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORPORATION                                                         | ARES CAPITAL CORP SR UNSECURED 11/31 3.2                   | CUSIP: 04010LBC6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     2900000 | PA      | $2134657.29     | 0.01%             | 2031-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY                                                              | WALT DISNEY COMPANY/THE COMPANY GUAR 01/51 3.6             | CUSIP: 254687FZ4<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     7900000 | PA      | $6055316.11     | 0.03%             | 2051-01-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY                                                              | WALT DISNEY COMPANY/THE COMPANY GUAR 05/40 3.5             | CUSIP: 254687FY7<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    10100000 | PA      | $8172347.94     | 0.03%             | 2040-05-13      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY                                                              | WALT DISNEY COMPANY/THE COMPANY GUAR 05/60 3.8             | CUSIP: 254687GA8<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    43500000 | PA      | $33376278.06    | 0.14%             | 2060-05-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY                                                              | WALT DISNEY COMPANY/THE COMPANY GUAR 09/44 4.75            | CUSIP: 254687EV4<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $5566426.98     | 0.02%             | 2044-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY                                                              | WALT DISNEY COMPANY/THE COMPANY GUAR 09/49 2.75            | CUSIP: 254687FM3<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    22900000 | PA      | $15251449.01    | 0.06%             | 2049-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| WASHINGTON GAS LIGHT COMPANY                                                     | WASHINGTON GAS LIGHT CO SR UNSECURED 09/49 3.65            | CUSIP: 93884PDY3<br>LEI: DL22T1SB4DUBS063O841 | Long             | DBT              | CORP              | US        |     1400000 | PA      | $1022947.88     | 0.00%             | 2049-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO II LLC                                                           | ARES FINANCE CO II LLC COMPANY GUAR 144A 06/30 3.25        | CUSIP: 04015KAB6<br>LEI: 54930012GWL4VKKENG46 | Long             | DBT              | CORP              | US        |     6400000 | PA      | $5295327.55     | 0.02%             | 2030-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO III LLC                                                          | ARES FINANCE CO COMPANY GUAR 144A 06/51 VAR                | CUSIP: 04018VAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    12400000 | PA      | $9375229.31     | 0.04%             | 2051-06-30      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO IV LLC                                                           | ARES FINANCE CO IV LLC COMPANY GUAR 144A 02/52 3.65        | CUSIP: 039936AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     5100000 | PA      | $3122114.23     | 0.01%             | 2052-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY JR SUBORDINA 11/29 7.95              | CUSIP: 949746TB7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1104881.21     | 0.00%             | 2029-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 02/31 VAR               | CUSIP: 95000U2J1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    21200000 | PA      | $17601196.33    | 0.07%             | 2031-02-11      | Floating      | 2.57%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 03/33 VAR               | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     4800000 | PA      | $4056397.30     | 0.02%             | 2033-03-02      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 04/26 3                 | CUSIP: 949746RW3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     8100000 | PA      | $7585773.53     | 0.03%             | 2026-04-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 04/53 VAR               | CUSIP: 95000U2Z5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    64700000 | PA      | $55122360.01    | 0.23%             | 2053-04-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 05/28 VAR               | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    33400000 | PA      | $31063249.49    | 0.13%             | 2028-05-22      | Floating      | 3.58%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 06/27 VAR               | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3715253.40     | 0.02%             | 2027-06-17      | Floating      | 3.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 06/28 VAR               | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    16500000 | PA      | $14587599.18    | 0.06%             | 2028-06-02      | Floating      | 2.39%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 10/30 VAR               | CUSIP: 95000U2G7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    43600000 | PA      | $37127208.96    | 0.16%             | 2030-10-30      | Floating      | 2.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO BANK NA                                                              | WELLS FARGO BANK NA SUBORDINATED 01/38 6.6                 | CUSIP: 92976GAJ0<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |    22877000 | PA      | $24816299.76    | 0.11%             | 2038-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO BANK NA                                                              | WELLS FARGO BANK NA SUBORDINATED 02/37 5.85                | CUSIP: 92976GAG6<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |     5901000 | PA      | $5974709.27     | 0.03%             | 2037-02-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO BANK NA                                                              | WELLS FARGO BANK NA SUBORDINATED 08/36 5.95                | CUSIP: 94980VAG3<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |      800000 | PA      | $805575.07      | 0.00%             | 2036-08-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| WELLTOWER INC                                                                    | WELLTOWER INC SR UNSECURED 03/41 6.5                       | CUSIP: 42217KAX4<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |    29850000 | PA      | $29865135.44    | 0.13%             | 2041-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WELLTOWER INC                                                                    | WELLTOWER INC SR UNSECURED 09/48 4.95                      | CUSIP: 95040QAF1<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |     3500000 | PA      | $2895941.51     | 0.01%             | 2048-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA UNITED HEALTH SYSTEM OBLIGATED GROUP                               | WEST VA HEALTH SYS OBL SECURED 06/50 3.129                 | CUSIP: 956708AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4400000 | PA      | $2839200.58     | 0.01%             | 2050-06-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| WESTERN & SOUTHERN LIFE INSURANCE CO                                             | WESTERN + SOUTHERN LIFE SUB NOTES 144A 04/61 3.75          | CUSIP: 95765PAE9<br>LEI: IN763J7JWIZ46OJ1T526 | Long             | DBT              | CORP              | US        |    24300000 | PA      | $16338829.87    | 0.07%             | 2061-04-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WESTERN & SOUTHERN LIFE INSURANCE CO                                             | WESTERN + SOUTHERN LIFE SUBORDINATED 144A 01/49 5.15       | CUSIP: 95765PAA7<br>LEI: IN763J7JWIZ46OJ1T526 | Long             | DBT              | CORP              | US        |    16000000 | PA      | $14407437.92    | 0.06%             | 2049-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                                                      | WESTERN DIGITAL CORP COMPANY GUAR 02/26 4.75               | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     2375000 | PA      | $2241810.00     | 0.01%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                             | WEYERHAEUSER CO SR UNSECURED 03/32 7.375                   | CUSIP: 962166BR4<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |    39647000 | PA      | $43949314.03    | 0.19%             | 2032-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                             | WEYERHAEUSER CO SR UNSECURED 03/33 3.375                   | CUSIP: 962166CA0<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |     3800000 | PA      | $3186781.19     | 0.01%             | 2033-03-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                             | WEYERHAEUSER CO SR UNSECURED 04/30 4                       | CUSIP: 962166BY9<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1369302.99     | 0.01%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                             | WEYERHAEUSER CO SR UNSECURED 10/27 6.95                    | CUSIP: 962166AW4<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |     4500000 | PA      | $4826087.96     | 0.02%             | 2027-10-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                             | WEYERHAEUSER CO SR UNSECURED 12/33 6.875                   | CUSIP: 962166BT0<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |    14477000 | PA      | $15586882.39    | 0.07%             | 2033-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WHEATON COLLEGE IL                                                               | WHEATON IL CLG WTNHGR 10/34 FIXED 6.09                     | CUSIP: 96272PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     5000000 | PA      | $5368487.00     | 0.02%             | 2034-10-01      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORPORATION                                                            | WHIRLPOOL CORP SR UNSECURED 03/43 5.15                     | CUSIP: 96332HCG2<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    14775000 | PA      | $12863275.60    | 0.05%             | 2043-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COS INC                                                                 | WILLIAMS COMPANIES INC SR UNSECURED 03/32 8.75             | CUSIP: 969457BM1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     1710000 | PA      | $2020068.85     | 0.01%             | 2032-03-15      | Variable      | 8.75%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COS INC                                                                 | WILLIAMS COMPANIES INC SR UNSECURED 08/52 5.3              | CUSIP: 969457CA6<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    11500000 | PA      | $10343200.28    | 0.04%             | 2052-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | WILLIS NORTH AMERICA INC COMPANY GUAR 09/49 3.875          | CUSIP: 970648AK7<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    13550000 | PA      | $9674286.18     | 0.04%             | 2049-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER COMPANY                                                 | WISCONSIN ELECTRIC POWER SR UNSECURED 10/48 4.3            | CUSIP: 976656CK2<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |    15000000 | PA      | $12310045.20    | 0.05%             | 2048-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER COMPANY                                                 | WISCONSIN ELECTRIC POWER SR UNSECURED 12/36 5.7            | CUSIP: 976656BZ0<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |      220000 | PA      | $220524.66      | 0.00%             | 2036-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER AND LIGHT COMPANY                                                | WISCONSIN POWER + LIGHT SR UNSECURED 09/32 3.95            | CUSIP: 976826BQ9<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |     5000000 | PA      | $4591221.10     | 0.02%             | 2032-09-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE CORPORATION                                             | WISCONSIN PUBLIC SERVICE SR UNSECURED 09/49 3.3            | CUSIP: 976843BM3<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |     3100000 | PA      | $2176804.72     | 0.01%             | 2049-09-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE CORPORATION                                             | WISCONSIN PUBLIC SERVICE SR UNSECURED 12/51 2.85           | CUSIP: 976843BN1<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |    21000000 | PA      | $13526587.41    | 0.06%             | 2051-12-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LIMITED                                                         | WOODSIDE FINANCE LTD COMPANY GUAR 144A 03/29 4.5           | CUSIP: 980236AQ6<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |     6700000 | PA      | $6294588.03     | 0.03%             | 2029-03-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                                      | WORKDAY INC SR UNSECURED 04/32 3.8                         | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    34700000 | PA      | $30727956.24    | 0.13%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                     | WP CAREY INC SR UNSECURED 02/25 4                          | CUSIP: 92936UAC3<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              | CORP              | US        |     1600000 | PA      | $1560353.71     | 0.01%             | 2025-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WR BERKLEY CORP                                                                  | BERKLEY (WR) CORPORATION SR UNSECURED 05/50 4              | CUSIP: 084423AU6<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | DBT              | CORP              | US        |     4900000 | PA      | $3734289.95     | 0.02%             | 2050-05-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC / WYNN LAS VEGAS CAPITAL CORP                                 | WYNN LAS VEGAS LLC/CORP COMPANY GUAR 144A 03/25 5.5        | CUSIP: 983130AV7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     6635000 | PA      | $6312578.54     | 0.03%             | 2025-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC / WYNN LAS VEGAS CAPITAL CORP                                 | WYNN LAS VEGAS LLC/CORP COMPANY GUAR 144A 05/23 4.25       | CUSIP: 983130AU9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2947000 | PA      | $2909024.96     | 0.01%             | 2023-05-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | XCEL ENERGY INC SR UNSECURED 06/32 4.6                     | CUSIP: 98388MAD9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    10000000 | PA      | $9580308.20     | 0.04%             | 2032-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | XCEL ENERGY INC SR UNSECURED 07/36 6.5                     | CUSIP: 98389BAH3<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     6900000 | PA      | $7499622.90     | 0.03%             | 2036-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| XLIT LTD (AKA: XL CAPITAL LTD)                                                   | XLIT LTD COMPANY GUAR 03/45 5.5                            | CUSIP: 98420EAD7<br>LEI: 635400XCGXK8NVDIVE95 | Long             | DBT              | CORP              | KY        |    12950000 | PA      | $12298319.35    | 0.05%             | 2045-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | YALE UNIVERSITY UNSECURED 04/50 2.402                      | CUSIP: 98459LAC7<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |     6900000 | PA      | $4412370.53     | 0.02%             | 2050-04-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA                                                           | YARA INTERNATIONAL ASA SR UNSECURED 144A 06/28 4.75        | CUSIP: 984851AF2<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |     4400000 | PA      | $4054036.54     | 0.02%             | 2028-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA                                                           | YARA INTERNATIONAL ASA SR UNSECURED 144A 06/30 3.148       | CUSIP: 984851AG0<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |     4800000 | PA      | $3857159.62     | 0.02%             | 2030-06-04      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ZEPHYRUS CAPITAL AVIATION PARTNERS LTD 2018-1                                    | ZEPHYRUS CAPITAL AVIATION PART TERM LOAN                   | CUSIP: 933QMTII0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    10278178 | PA      | $8791301.76     | 0.04%             | 2038-10-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS INC                                                       | ZIMMER BIOMET HOLDINGS SR UNSECURED 08/35 4.25             | CUSIP: 98956PAG7<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     1681000 | PA      | $1398185.08     | 0.01%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS INC                                                       | ZIMMER BIOMET HOLDINGS SR UNSECURED 08/45 4.45             | CUSIP: 98956PAH5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     2600000 | PA      | $2055969.84     | 0.01%             | 2045-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS INC                                                       | ZIMMER BIOMET HOLDINGS SR UNSECURED 11/27 1.164            | CUSIP: ACI1GSHM8<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     3300000 | PA      | $3077199.21     | 0.01%             | 2027-11-15      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                       | ZOETIS INC SR UNSECURED 02/43 4.7                          | CUSIP: 98978VAH6<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     4069000 | PA      | $3667652.60     | 0.02%             | 2043-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                       | ZOETIS INC SR UNSECURED 08/48 4.45                         | CUSIP: 98978VAP8<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     7500000 | PA      | $6493359.00     | 0.03%             | 2048-08-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                       | ZOETIS INC SR UNSECURED 09/47 3.95                         | CUSIP: 98978VAM5<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     9000000 | PA      | $7297297.20     | 0.03%             | 2047-09-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | FIXED INC CLEARING CORP.REPO                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |    58390000 | PA      | $58390000.00    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO BANK OF AMERICA REVERSE REPO                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -62415000 | PA      | $-62445236.60   | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO BANK OF AMERICA REVERSE REPO                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -8173095 | PA      | $-8191524.96    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO BANK OF AMERICA REVERSE REPO                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -18288496 | PA      | $-18329828.31   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO BANK OF AMERICA REVERSE REPO                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -4189500 | PA      | $-4198905.43    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO BARCLAYS REVERSE REPO                         | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -8431250 | PA      | $-8448955.62    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO JPM CHASE                                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -86250000 | PA      | $-86792895.82   | -0.37%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO JPM CHASE                                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -26294818 | PA      | $-26349380.24   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO JPM CHASE                                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -3130504 | PA      | $-3137046.39    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO JPM CHASE                                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -19846815 | PA      | $-19889485.44   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO JPM CHASE                                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -26295757 | PA      | $-26352950.47   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO NOMURA                                        | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -1135108 | PA      | $-1136384.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO FIRST BOSTON REVERSE REPO                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -3510000 | PA      | $-3516493.50    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO MERRILL LYNCH                                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -3828000 | PA      | $-3836211.06    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO ROYAL BANK OF CAN                             | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -12921188 | PA      | $-12943799.58   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPU STATE STREET GLOBAL MARKE USD REPU SSB T              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -2207511250 | PA      | $-2208583119.42 | -9.35%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPU STATE STREET GLOBAL MARKE USD REPU SSB T              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -2307961250 | PA      | $-2307961250.00 | -9.78%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO NATEXIS BANQUE REVERSE REPO                   | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -886496125 | PA      | $-892729916.49  | -3.78%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO ROYAL BANK OF SCO REVERSE REPO                | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -49582500 | PA      | $-49698426.63   | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO THE BANK OF NOVA REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -418980395 | PA      | $-421926641.92  | -1.79%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AES CORPORATION SNR S* ICE                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $1340840.35     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | AES CORPORATION SNR S* ICE                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $2253968.86     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ALIBABA GROUP HOLDING LIMI SNR AS SP BRC                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $14010.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BAIDU INC SNR AS SP BRC                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $116939.25      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT GBP SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |           1 | NC      | $-31607.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT GBP SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |           1 | NC      | $-89135.92      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CENTERPOINT ENERGY INC JR SUBORDINA 12/99 VAR              | CUSIP: 15189TAS6<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EP               | CORP              | US        |    13900000 | NS      | $13084626.00    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230505                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-473503.83     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230525                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-251076.82     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BARCLAYS BANK PLC SNR SE ICE                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |           1 | NC      | $11230.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230125                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $48433.19       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230206                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $86284.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230105                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-89300.23      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE COMPANY                                                   | ARIZONA PUBLIC SERVICE SR UNSECURED 04/42 4.5              | CUSIP: 040555CN2<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     6104000 | PA      | $5046166.73     | 0.02%             | 2042-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BERKSHIRE HATHAWAY INC SNR S* ICE                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $36139.63       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BERKSHIRE HATHAWAY INC SNR S* ICE                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $222730.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BERKSHIRE HATHAWAY INC SNR S* ICE                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $18113.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE COMPANY                                                   | ARIZONA PUBLIC SERVICE SR UNSECURED 05/50 3.35             | CUSIP: 040555DB7<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    13650000 | PA      | $9019281.73     | 0.04%             | 2050-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $13050.99       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE COMPANY                                                   | ARIZONA PUBLIC SERVICE SR UNSECURED 12/49 3.5              | CUSIP: 040555DA9<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     7100000 | PA      | $4850832.11     | 0.02%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230314                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $13256.46       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                                                            | ARROW ELECTRONICS INC SR UNSECURED 02/32 2.95              | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |      600000 | PA      | $474591.13      | 0.00%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                                                            | ARROW ELECTRONICS INC SR UNSECURED 03/23 4.5               | CUSIP: 042735BC3<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |     2100000 | PA      | $2095709.11     | 0.01%             | 2023-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230105                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-14221.93      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230315                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-80514.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | ARTHUR J GALLAGHER + CO SR UNSECURED 05/51 3.5             | CUSIP: 363576AB5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    17500000 | PA      | $12289811.98    | 0.05%             | 2051-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOEING CO/THE SNR S* ICE                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-17540.93      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOEING CO/THE SNR S* ICE                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $2800.81        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOEING CO/THE SNR S* ICE                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-10159.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOEING CO/THE SNR S* ICE                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-30121.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BRITISH TELECOMMUNICATIONS PL SNR SE ICE                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |           1 | NC      | $10299.65       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BROOKFIELD ASSET MANAGEMEN SNR S* SP MYC                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-114607.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM29 ICE                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $51492.22       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM30 ICE                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-68306.33      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM31 ICE                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-47923.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM32 ICE                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-21722.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM34 ICE                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-1752479.09    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM35 ICE                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-8840.40       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX EM36 ICE                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-1883482.82    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX IG38 5Y ICE                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $10333353.39    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX IG39 5Y ICE                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $53054348.27    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $15968.24       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $6031.28        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $11002.37       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230125                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $63275.68       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230125                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $863901.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230328                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $39770.62       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230228                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-1763750.51    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230302                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-235685.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230427                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-611827.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CITIGROUP INC SNR S* ICE                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $134239.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.10 SP GST                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-3960.57       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.10 SP MYC                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-16942.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.10 SP SAL                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-6380.92       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.10 SP SAL                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-4400.64       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.10 SP UAG                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-7041.02       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.12 SP SAL                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-59681.47      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.6 SP MEI                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $0.29           | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.9 SP GST                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-3880.39       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CMBX.NA.AAA.9 SP MYC                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-4938.67       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HOLDINGS INC                                                 | ASSURED GUARANTY US HLDG COMPANY GUAR 06/31 3.15           | CUSIP: 04621WAD2<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |     7600000 | PA      | $6415676.95     | 0.03%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP BOA                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-64306.28      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP BPS                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-2074.00       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP BPS                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-50526.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP BPS                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-50746.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HOLDINGS INC                                                 | ASSURED GUARANTY US HLDG COMPANY GUAR 09/51 3.6            | CUSIP: 04621WAE0<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |    10300000 | PA      | $6746338.91     | 0.03%             | 2051-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP BRC                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-334443.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP CBK                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-2096.87       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP CBK                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-10209.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP CBK                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-50526.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP CBK                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-17847.04      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP GST                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-338039.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP GST                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-731728.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP GST                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-413217.41     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP JPM                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-11898.03      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP MYC                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-202266.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | COLOMBIA LA SP MYC                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-289977.13     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CONSOLIDATED EDISON COMPAN SNR S* SP MYC                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $288549.38      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230315                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $63333.28       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | ASTRAZENECA PLC SR UNSECURED 11/45 4.375                   | CUSIP: 046353AM0<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |     1400000 | PA      | $1263786.64     | 0.01%             | 2045-11-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP/THE                                                          | CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR                 | CUSIP: 808513AR6<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    16550000 | NS      | $13843909.50    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP/THE                                                          | CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR                 | CUSIP: 808513BD6<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    17369000 | NS      | $17047499.81    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | EQUINIX INC SNR S* SP GST                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $1214019.97     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP/THE                                                          | CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR                 | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    58800000 | NS      | $46868304.00    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | FORD MOTOR COMPANY SNR S* ICE                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $147373.57      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | FORD MOTOR COMPANY SNR S* ICE                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $114168.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP/THE                                                          | CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR                 | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    25500000 | NS      | $22136805.00    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP/THE                                                          | CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR                 | CUSIP: 808513CB9<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |     7200000 | NS      | $6657192.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GENERAL ELECTRIC COMPANY SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $75986.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GENERAL ELECTRIC COMPANY SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $77095.23       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GENERAL ELECTRIC COMPANY SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $510377.96      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GENERAL ELECTRIC COMPANY SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $35115.70       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | GENERAL ELECTRIC COMPANY SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $25877.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT+T INC SR UNSECURED 06/51 3.65                           | CUSIP: 00206RKA9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    13050000 | PA      | $9250248.20     | 0.04%             | 2051-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT+T INC SR UNSECURED 06/60 3.85                           | CUSIP: 00206RKB7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    28820000 | PA      | $20130736.57    | 0.09%             | 2060-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT+T INC SR UNSECURED 09/36 3.15                           | CUSIP: ACI0VNB57<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     2800000 | PA      | $2599050.71     | 0.01%             | 2036-09-04      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT+T INC SR UNSECURED 09/53 3.5                            | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    68897000 | PA      | $46811040.77    | 0.20%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | EURO-BUND FUTURE  MAR23 XEUR 20230308                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |       -1315 | NC      | $11856534.29    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                                                                         | AT+T INC SR UNSECURED 09/55 3.55                           | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   124782000 | PA      | $83821101.86    | 0.36%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RXG3C 146 FEB23 146 CALL FSO                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -313 | NC      | $250999.87      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                                                                         | AT+T INC SR UNSECURED 09/59 3.65                           | CUSIP: 00206RLV2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   269441000 | PA      | $181589505.98   | 0.77%             | 2059-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RXG3P 138.5 FEB23 138.5 PUT FSO                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -313 | NC      | $-1605180.95    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                                                                         | AT+T INC SR UNSECURED 12/57 3.8                            | CUSIP: 00206RMN9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   201180000 | PA      | $139733576.51   | 0.59%             | 2057-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | ATHENE GLOBAL FUNDING SECURED 144A 01/25 2.5               | CUSIP: 04685A2L4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     3300000 | PA      | $3093209.63     | 0.01%             | 2025-01-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230503                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-2170813.82    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230510                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-1811420.37    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $36074.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $8304.89        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $9595.10        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORPORATION                                                         | ATMOS ENERGY CORP SR UNSECURED 10/48 4.3                   | CUSIP: 049560AP0<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    16400000 | PA      | $13873235.93    | 0.06%             | 2048-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230206                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $13334.41       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD AUD BOUGHT USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |           1 | NC      | $-14399.58      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD AUD BOUGHT USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |           1 | NC      | $-271.19        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $-1185421.95    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |           1 | NC      | $-256250.19     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230123                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-13708.86      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | HUARONG FINANCE 2019 CO LT SNR AS SP BRC                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-251869.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ILFC SNR S* ICE                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $330525.89      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | LQD US TRS EQUITY FEDL01+25 GST                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |           1 | NC      | $1147884.27     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | LQD US TRS EQUITY FEDL01-40 JPM                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |           1 | NC      | $2569454.87     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | LQD US TRS EQUITY FEDL01-40 JPM                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |           1 | NC      | $4026449.95     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ITALY GOVT SW SP BOA                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $217916.91      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ITALY GOVT SW SP BOA                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-161801.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ITALY GOVT SW SP CBK                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $18650.55       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ITALY GOVT SW SP CBK                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-48951.40      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AUSTRALIA GOVT                                                                   | AUSTRALIAN GOVERNMENT BONDS REGS 11/31 1                   | CUSIP: BMGX73II0<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |    64750000 | PA      | $34205412.01    | 0.14%             | 2031-11-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317552O02 PIMCO CDSOPT PUT EUR 3.0 20230315                | CUSIP: OP001XNK7<br>LEI: N/A                  | N/A              | DCR              |  | US        |   -40500000 | NC      | $-7719.91       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX ITRAXX MAIN37 5Y ICE                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | N/A       |           1 | NC      | $5302420.88     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | JP MORGAN CHASE & CO SNR S* ICE                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $44542.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD GBP BOUGHT USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |           1 | NC      | $-134182.68     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | LENNAR CORPORATION SNR S* ICE                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $550268.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP BPS                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $134051.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP CBK                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $92868.72       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP GST                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $121337.56      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP GST                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $27840.53       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP GST                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $269441.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP GST                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-221062.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP HUS                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $291917.19      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP JPM                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $197733.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP JPM                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $15182.54       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP MYC                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $100516.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP MYC                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $7000.56        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP MYC                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-30875.64      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP MYC                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-121709.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | MEXICO LA SP MYC                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-444741.41     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230201                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $14613.65       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD AUD BOUGHT USD 20230110                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |           1 | NC      | $-404162.41     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD PEN BOUGHT USD 20230123                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $-14540.24      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                       | AVIATION CAPITAL GROUP SR UNSECURED 144A 11/27 3.5         | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     1900000 | PA      | $1662520.73     | 0.01%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                       | AVIATION CAPITAL GROUP SR UNSECURED 144A 12/24 5.5         | CUSIP: 05369AAH4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     7600000 | PA      | $7471296.13     | 0.03%             | 2024-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AVISTA CORPORATION                                                               | AVISTA CORP 1ST MORTGAGE 04/52 4                           | CUSIP: 05379BAR8<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | DBT              | CORP              | US        |    12800000 | PA      | $10101464.83    | 0.04%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | NEXTERA ENERGY CAPITAL HOL SNR S* SP BRC                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $120118.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | NEXTERA ENERGY CAPITAL HOL SNR S* SP JPM                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $183476.04      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | NEXTERA ENERGY CAPITAL HOL SNR S* SP JPM                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $112603.39      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | NEXTERA ENERGY CAPITAL HOLDIN SNR S* ICE                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $224796.89      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | NISSAN MOTOR ACCEPTANCE CO SNR S* SP JPM                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-3695840.23    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | PRUDENTIAL FINANCIAL INC SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $215473.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | PT PERTA (PERSERO) SNR AS SP BRC                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $7391.77        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | ROLLS-ROYCE PLC SNR SE ICE                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |           1 | NC      | $-1144661.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LTD                                                      | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 02/25 2.875     | CUSIP: 05401AAH4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     5700000 | PA      | $5269928.50     | 0.02%             | 2025-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 3 MONTH SOFR FUT  DEC23 XCME 20240319                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -10355 | NC      | $48695976.31    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LTD                                                      | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 11/27 2.528     | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    41354000 | PA      | $33114969.38    | 0.14%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOUTH AFRICA EM SP GST                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |           1 | NC      | $-65947.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LTD                                                      | AVOLON HOLDINGS FNDG LTD SR UNSECURED 144A 01/26 5.5       | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    15000000 | PA      | $14276983.05    | 0.06%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AVOLON TLB BORROWER 1 (US) LLC                                                   | AVOLON TLB BORROWER 1 (US) LLC 2021 TERM LOAN B5           | CUSIP: 05400KAH3<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |     3742446 | PA      | $3740780.92     | 0.02%             | 2027-12-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230105                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $30985.56       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230105                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $40204.54       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230119                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $18463.54       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230123                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $27289.22       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230123                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $10987.02       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230127                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $4618.57        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT PEN SOLD USD 20230306                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |           1 | NC      | $33429.28       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINANCE LLC                                                       | AXIS SPECIALTY FINANCE COMPANY GUAR 07/29 3.9              | CUSIP: 05463HAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     4000000 | PA      | $3562008.84     | 0.02%             | 2029-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BACARDI LIMITED                                                                  | BACARDI LTD COMPANY GUAR 144A 05/28 4.7                    | CUSIP: 067316AF6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |     5200000 | PA      | $4974387.86     | 0.02%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BACARDI LIMITED                                                                  | BACARDI LTD COMPANY GUAR 144A 05/38 5.15                   | CUSIP: 067316AG4<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    22540000 | PA      | $20464558.72    | 0.09%             | 2038-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BACARDI LIMITED                                                                  | BACARDI LTD COMPANY GUAR 144A 05/48 5.3                    | CUSIP: 067316AH2<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    28300000 | PA      | $25362588.77    | 0.11%             | 2048-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                                                  | BAE SYSTEMS PLC SR UNSECURED 144A 04/30 3.4                | CUSIP: 05523RAD9<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |     7700000 | PA      | $6812436.55     | 0.03%             | 2030-04-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                                                  | BAE SYSTEMS PLC SR UNSECURED 144A 09/50 3                  | CUSIP: 05523RAE7<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    11700000 | PA      | $7623343.73     | 0.03%             | 2050-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U178X6 IRO EUR 30Y MAR23 0 PUT                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |    37560000 | NC      | $20409375.64    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U179X5 IRO EUR 10Y P0.1750 MAR23 NEG0.1750 PUT          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |  -112670000 | NC      | $-34731354.54   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1O7A0 PIMCO SWAPTION 3.62 PUT USD 20221230             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -32800000 | NC      | $-3.28          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1O8A9 PIMCO SWAPTION 3.12 CALL USD 2022123             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -32800000 | NC      | $-3.28          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1PBA2 PIMCO SWAPTION 2.547 CALL EUR 202303             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -56500000 | NC      | $-127377.76     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1PCA1 PIMCO SWAPTION 2.547 PUT EUR 2023030             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -56500000 | NC      | $-3568615.54    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | 317U1Q8A4 PIMCO SWAPTION 2.067 CALL EUR 202306             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -74900000 | NC      | $-192087.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-09

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer