# EDGAR Filing Document

**Accession Number:** 0000356476
**File Stem:** 0001193125-26-050290
**Filing Date:** 2026-2
**Character Count:** 217402
**Document Hash:** de50ffa833bfe92433f8bfc270ac656f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-050290.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001193125-26-050290

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EMPOWER FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000356476

**ORGANIZATION NAME:**
- **EIN:** 840876044
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03364
- **FILM NUMBER:** 26629824

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 303-737-3000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREAT-WEST FUNDS INC
- **DATE OF NAME CHANGE:** 20121005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAXIM SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Empower Short Duration Bond Fund (Series ID: S000023739)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000069816 | Investor Class      | MXSDX           |
| C000155765 | Institutional Class | MXXJX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EMPOWER FUNDS, INC.

- **b. Investment Company Act file number:** 811-03364

- **c. CIK number of Registrant:** 0000356476

- **d. LEI of Registrant:** RUYOMHMDMSPQ01U66388

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

  - **Street Address 1:** 8515 E Orchard Road

  - **City:** Greenwood Village

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80111

  - **Telephone number:** 866-831-7129

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

- **a. Name of Series:** Empower Short Duration Bond Fund

- **b. EDGAR series identifier (if any):** S000023739

- **c. LEI of Series:** CX6WNJ2GSLVQWS6MKM15

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $567197641.95

**Total Liabilities:** $18682028.57

**Net Assets:** $548515613.38

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2410.757172247376 | **1-Year:** 31335.454594639004 | **5-Year:** 32848.532668152996 | **10-Year:** 4402.239660924159 | **30-Year:** 274.382203933892

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

- **3-Month:** 20.106525848866 | **1-Year:** 685.667587938043 | **5-Year:** 1184.498966022675 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000069816 | 0.28%                | 0.47%                | 0.35%                |
| Class ID C000155765 | 0.30%                | 0.50%                | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $510417.95               | $-322201.37                                |
| Month 2  | $645632.39               | $287403.68                                 |
| Month 3  | $655548.86               | $-305061.93                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** CX6WNJ2GSLVQWS6MKM15

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dreyfus Instl Resv                                                                   | Dreyfus Instl Resv PFD GOVT INSTL                                | CUSIP: 26200X100<br>LEI: 549300FG0OZ5YKPLK622 | Long             | STIV             | RF                | US        |  23205466 | PA      | $23205465.54  | 4.23%             | 2026-01-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                       | MORGAN STANLEY                                                   | CUSIP: N/A<br>LEI: IGJSJL3JD5P30I6NJZ34       | Long             | DIR              | CORP              | N/A       |         0 | OU      | $-377480.24   | -0.07%            | 2030-09-17      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                       | MORGAN STANLEY                                                   | CUSIP: N/A<br>LEI: IGJSJL3JD5P30I6NJZ34       | Long             | DIR              | CORP              | N/A       |         0 | OU      | $-135289.93   | -0.02%            | 2030-12-17      | Floating      | 3.71%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                       | MORGAN STANLEY                                                   | CUSIP: N/A<br>LEI: IGJSJL3JD5P30I6NJZ34       | Long             | DIR              | CORP              | N/A       |    273629 | OU      | $683842.01    | 0.12%             | 2027-09-17      | Floating      | 3.71%                 | No            |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST 2023-NQM4                                                         | ADMT 2023-NQM4 A1                                                | CUSIP: 00002MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1487221 | NS      | $1506555.06   | 0.27%             | 2068-09-25      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard Inc.                                                        | Alimentation Couche-Tard Inc. 0% CP 07/01/2026                   | CUSIP: 01626VA78<br>LEI: 549300OSW32RVX8CCZ87 | Long             | STIV             | CORP              | CA        |    905000 | NS      | $904375.06    | 0.16%             | 2026-01-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard Inc.                                                        | Alimentation Couche-Tard Inc. 0% CP 09/01/2026                   | CUSIP: 01626VA94<br>LEI: 549300OSW32RVX8CCZ87 | Long             | STIV             | CORP              | CA        |   1565000 | NS      | $1563597.50   | 0.29%             | 2026-01-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard Inc.                                                        | Alimentation Couche-Tard Inc. 0% CP 15/01/2026                   | CUSIP: 01626VAF0<br>LEI: 549300OSW32RVX8CCZ87 | Long             | STIV             | CORP              | CA        |    835000 | NS      | $833721.50    | 0.15%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                             | AXP V5.389 07/28/27                                              | CUSIP: 025816DG1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    824000 | NS      | $830333.19    | 0.15%             | 2027-07-28      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                                                | Air Lease Corporation 0% CP 02/01/2026                           | CUSIP: 00913XA29<br>LEI: 5493004NW4M4P8TMMK63 | Long             | STIV             | CORP              | US        |   2590000 | NS      | $2589701.38   | 0.47%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                                           | AMT 4.9 03/15/30                                                 | CUSIP: 03027XCN8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    220000 | NS      | $224693.05    | 0.04%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C6 MORTGAGE TRUST                                                          | BMO 2024-5C6 XA                                                  | CUSIP: 05593QAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9089155 | NS      | $382887.91    | 0.07%             | 2057-09-17      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| BATTALION CLO LTD 2016-10A                                                           | ABS FLOAT SER.2016-10A CL.A1R3                                   | CUSIP: 07132JBL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | NS      | $500423.00    | 0.09%             | 2035-01-24      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                                 | Boston Properties LP 0% CP 28/01/2026                            | CUSIP: 10113CAU0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |   1060000 | NS      | $1056862.50   | 0.19%             | 2026-01-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Comm 2014-Ccre17 Mortgage Trust                                                      | COMM 2014-CR17 B                                                 | CUSIP: 12631DBE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    456477 | NS      | $442791.63    | 0.08%             | 2047-05-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                          | COF V4.493 09/11/31                                              | CUSIP: 14040HDM4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1255000 | NS      | $1253159.25   | 0.23%             | 2031-09-11      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                          | CQP 4.5 10/01/29                                                 | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1512000 | NS      | $1515178.88   | 0.28%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST 202                                                  | CITZN 2024-1 A3                                                  | CUSIP: 17331QAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    272021 | NS      | $273515.38    | 0.05%             | 2028-04-17      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2025-R06                                         | CAS 2025-R06 1A1                                                 | CUSIP: 20754YAA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    623017 | NS      | $623201.88    | 0.11%             | 2045-09-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Generation LLC                                                  | CEG 5.6 03/01/28                                                 | CUSIP: 210385AB6<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |   2067000 | NS      | $2132436.88   | 0.39%             | 2028-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                     | Duke Energy Corp 0% CP 09/02/2026                                | CUSIP: 26244JB99<br>LEI: I1BZKREC126H0VB1BL91 | Long             | STIV             | CORP              | US        |   1420000 | NS      | $1414040.88   | 0.26%             | 2026-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                             | AXP V4.731 04/25/29                                              | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    306000 | NS      | $310694.94    | 0.06%             | 2029-04-25      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                           | AMGN 5.15 03/02/28                                               | CUSIP: 031162DP2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1329000 | NS      | $1360085.50   | 0.25%             | 2028-03-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-NQM4                                                                       | EFMT 2025-NQM4 A1F                                               | CUSIP: 26846RAD5<br>LEI: 254900CD2QA4YMZIVN66 | Long             | ABS-O            | CORP              | US        |    482722 | NS      | $482322.16    | 0.09%             | 2070-09-25      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                                 | ERAC USA Finance LLC 0% CP 08/01/2026                            | CUSIP: 26882SA89<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | STIV             | CORP              | US        |   1030000 | NS      | $1029160.69   | 0.19%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | ET 6.05 12/01/26                                                 | CUSIP: 29273VAR1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1655000 | NS      | $1681556.38   | 0.31%             | 2026-12-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ENEL Finance International N.V.                                                      | ENELIM 4.125 09/30/28 144A                                       | CUSIP: 29278GBF4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    270000 | NS      | $269519.84    | 0.05%             | 2028-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2025-HB1                                                    | AOMT 2025-HB1 A1                                                 | CUSIP: 034936AA2<br>LEI: 254900ZFKOWCY24MSQ94 | Long             | ABS-O            | CORP              | US        |    309944 | NS      | $311899.31    | 0.06%             | 2055-02-25      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp.                                                                   | ARCC 7 01/15/27                                                  | CUSIP: 04010LBE2<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    658000 | NS      | $674183.06    | 0.12%             | 2027-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                                               | Extra Space Storage LP 0% CP 26/01/2026                          | CUSIP: 30227QAS5<br>LEI: 549300YNKSKNZFR8UC42 | Long             | STIV             | CORP              | US        |   1225000 | NS      | $1221605.13   | 0.22%             | 2026-01-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | FABSJV 5.9 01/25/30                                              | CUSIP: 350930AB9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    880000 | NS      | $920369.69    | 0.17%             | 2030-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Haleon US Capital LLC.                                                               | HLNLN 3.375 03/24/27                                             | CUSIP: 36264FAK7<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |   1365000 | NS      | $1354987.75   | 0.25%             | 2027-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GE Aerospace                                                                         | GE 4.3 07/29/30                                                  | CUSIP: 369604BZ5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    350000 | NS      | $352974.16    | 0.06%             | 2030-07-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                 | GM 5.4 05/08/27                                                  | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2470000 | NS      | $2510449.25   | 0.46%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust 2024-C                                                | HART 2024-C A3                                                   | CUSIP: 448976AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    368000 | NS      | $370900.88    | 0.07%             | 2029-05-15      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc.                                                                 | AHTLN 1.5 08/12/26 144A                                          | CUSIP: 045054AN3<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1120000 | NS      | $1100881.00   | 0.20%             | 2026-08-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                                | ATH 1.73 10/02/26 144A                                           | CUSIP: 04685A3D1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3690000 | NS      | $3624365.00   | 0.66%             | 2026-10-02      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO REC TR 2025-B                                                           | HART 2025-B A3                                                   | CUSIP: 44935XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    587000 | NS      | $592603.88    | 0.11%             | 2029-12-17      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| Iqvia Inc                                                                            | IQV 5.7 05/15/28                                                 | CUSIP: 46266TAC2<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    800000 | NS      | $825440.00    | 0.15%             | 2028-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V4.255 10/22/31                                              | CUSIP: 46647PFD3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    755000 | NS      | $752709.63    | 0.14%             | 2031-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2024-10                                                     | JPMMT 2024-10 A11                                                | CUSIP: 46658LAX9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    478538 | NS      | $477510.00    | 0.09%             | 2055-03-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, National Association (Utah)                                     | MS V4.952 01/14/28 BKNT                                          | CUSIP: 61690U8A1<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   1000000 | NS      | $1009359.94   | 0.18%             | 2028-01-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10                          | MSBAM 2013-C10 B                                                 | CUSIP: 61762MBZ3<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-O            | CORP              | US        |    406421 | NS      | $387628.13    | 0.07%             | 2046-07-17      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| AutoNation, Inc.                                                                     | AutoNation, Inc. 0% CP 02/01/2026                                | CUSIP: 05330NA25<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    420000 | NS      | $419953.34    | 0.08%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                         | AVOL 4.9 10/10/30 144A                                           | CUSIP: 05401ABA8<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   2085000 | NS      | $2096058.82   | 0.38%             | 2030-10-10      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                          | NWIDE V4.649 07/14/29 144A                                       | CUSIP: 63861VAM9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    306000 | NS      | $308906.31    | 0.06%             | 2029-07-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NISSAN AUTO RECEIVABLES OWNER TRUST                                                  | NAROT 2025-B A2A                                                 | CUSIP: 65490DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    284000 | NS      | $284467.22    | 0.05%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palomino Funding Trust I                                                             | VST 7.233 05/17/28                                               | CUSIP: 69754AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    680000 | NS      | $719185.56    | 0.13%             | 2028-05-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co LP / PTL Finance Corp.                                       | PENSKE 5.75 05/24/26 144A                                        | CUSIP: 709599BU7<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    827000 | NS      | $830990.63    | 0.15%             | 2026-05-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                                              | RSG 5 11/15/29                                                   | CUSIP: 760759BJ8<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    203000 | NS      | $210023.61    | 0.04%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ryder System, Inc.                                                                   | Ryder System, Inc. 0% CP 05/01/2026                              | CUSIP: 78355BA51<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | STIV             | CORP              | US        |   2110000 | NS      | $2109087.00   | 0.38%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                                           | BATSLN 6.343 08/02/30                                            | CUSIP: 054989AA6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    480000 | NS      | $519153.28    | 0.09%             | 2030-08-02      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                                                      | BALN 5 03/26/27 144A                                             | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    819000 | NS      | $828807.94    | 0.15%             | 2027-03-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Power Company                                                               | SO 4.25 10/01/30 A                                               | CUSIP: 843646AX8<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |    945000 | NS      | $942474.38    | 0.17%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                             | VST 4.3 10/15/28 144A                                            | CUSIP: 92840VAX0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2405000 | NS      | $2406851.75   | 0.44%             | 2028-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WISE CLO LTD 2023-2                                                                  | WYZE 2023-2A A                                                   | CUSIP: 97719TAA2<br>LEI: 2549000Z4RGK1HNAPB35 | Long             | ABS-CBDO         | CORP              | JE        |    500000 | NS      | $500620.00    | 0.09%             | 2037-01-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| ZAIS CLO 2020-16 LTD                                                                 | ZAIS 2020-16A A1R2                                               | CUSIP: 98875JBJ2<br>LEI: 549300AH84CSK4XX3T86 | Long             | ABS-CBDO         | CORP              | KY        |    360000 | NS      | $359485.19    | 0.07%             | 2034-10-20      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust 2020-C6                                                         | BBCMS 2019-C3 A2                                                 | CUSIP: 05550MAR5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    296013 | NS      | $292354.84    | 0.05%             | 2052-05-17      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C29                                                       | BBCMS 2024-5C29 XA                                               | CUSIP: 05555PAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18330058 | NS      | $943477.38    | 0.17%             | 2057-09-17      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                                   | BBVASM 5.381 03/13/29                                            | CUSIP: 05946KAQ4<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   1200000 | NS      | $1243841.38   | 0.23%             | 2029-03-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                                   | SANTAN V1.722 09/14/27                                           | CUSIP: 05964HAN5<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   3600000 | NS      | $3538926.00   | 0.65%             | 2027-09-14      | Fixed         | 1.72%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                                                | BAC 8.05 06/15/27 B                                              | CUSIP: 06051GHP7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2095000 | NS      | $2198173.75   | 0.40%             | 2027-06-15      | Fixed         | 8.05%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR7                                                                      | BANK5 2024-5YR7 XA                                               | CUSIP: 06211UBR5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9144819 | NS      | $367790.91    | 0.07%             | 2057-06-15      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| Bank 2017-Bnk4                                                                       | BANK 2019-BN18 A2                                                | CUSIP: 065402AZ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    633000 | NS      | $619291.25    | 0.11%             | 2062-05-17      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| BANK 2020-BNK26                                                                      | BANK 2020-BN26 XA                                                | CUSIP: 06540JBM3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4001728 | NS      | $147258.81    | 0.03%             | 2063-03-16      | Variable      | 1.19%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                         | BACR V5.367 02/25/31                                             | CUSIP: 06738ECY9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    320000 | NS      | $330742.03    | 0.06%             | 2031-02-25      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Bayer Corporation                                                                    | Bayer Corporation 0% CP 20/07/2026                               | CUSIP: 07273MGL4<br>LEI: 54930050NR9YMICYZM28 | Long             | STIV             | CORP              | US        |   2350000 | NS      | $2302254.26   | 0.42%             | 2026-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Truist Bank (North Carolina)                                                         | TFC V4.632 09/17/29 BKNT                                         | CUSIP: 07330MAC1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |    430000 | NS      | $431332.03    | 0.08%             | 2029-09-17      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Bell Canada                                                                          | Bell Canada 0% CP 20/01/2026                                     | CUSIP: 07787QAL0<br>LEI: 5493000G3EFX9S7TDE29 | Long             | STIV             | CORP              | CA        |   2915000 | NS      | $2908943.56   | 0.53%             | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Benchmark 2020-B16 Mortgage Trust                                                    | BMARK 2019-B13 A2                                                | CUSIP: 08162DAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1085271 | NS      | $1049446.50   | 0.19%             | 2057-08-17      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2024-V10 MORTGAGE TRUST                                                    | BMARK 2024-V10 XA                                                | CUSIP: 08163UAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8393286 | NS      | $353898.69    | 0.06%             | 2057-09-17      | Variable      | 1.31%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                                     | AMCR 5.5 04/15/28                                                | CUSIP: 08576PAL5<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    101000 | NS      | $104017.25    | 0.02%             | 2028-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                                                           | BIIB 2.25 05/01/30                                               | CUSIP: 09062XAH6<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    655000 | NS      | $601705.13    | 0.11%             | 2030-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                       | BCRED 3.25 03/15/27                                              | CUSIP: 09261HAK3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    417000 | NS      | $409841.45    | 0.07%             | 2027-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                            | BRAVO 2023-NQM8 A1                                               | CUSIP: 10567MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275902 | NS      | $277899.81    | 0.05%             | 2063-10-25      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                    | BRO 4.7 06/23/28                                                 | CUSIP: 115236AJ0<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2440000 | NS      | $2469250.31   | 0.45%             | 2028-06-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Brunswick Corporation                                                                | BC 2.4 08/18/31                                                  | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    614000 | NS      | $537718.33    | 0.10%             | 2031-08-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CAFL 2025-RRTL1 ISSUER LP                                                            | CAFL 2025-RRTL1 A1                                               | CUSIP: 124760AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    216000 | NS      | $217622.73    | 0.04%             | 2040-05-28      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Comm 2015-Ccre22 Mortgage Trust                                                      | COMM 2015-CR22 B                                                 | CUSIP: 12592XBG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    463239 | NS      | $444232.38    | 0.08%             | 2048-03-12      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| CSAIL 2017-C8 Commercial Mortgage Trust                                              | CSAIL 2017-CX10 A3                                               | CUSIP: 12595JAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    298693 | NS      | $298204.25    | 0.05%             | 2050-11-18      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| COLT 2024-INV2 MORTGAGE LOAN TRUST                                                   | COLT 2024-INV2 A1                                                | CUSIP: 12622SAA9<br>LEI: 2138001M5YM45SK1QW14 | Long             | ABS-O            | CORP              | US        |   2350129 | NS      | $2383968.00   | 0.43%             | 2069-05-27      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 5.4 06/01/29                                                 | CUSIP: 126650EB2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2974000 | NS      | $3080158.38   | 0.56%             | 2029-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Caixabank S.A.                                                                       | CABKSM V4.634 07/03/29 144A                                      | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    435000 | NS      | $439325.72    | 0.08%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2025-2                                                       | CARMX 2025-2 A2A                                                 | CUSIP: 14320AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1131940 | NS      | $1135286.00   | 0.21%             | 2028-07-15      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                                                 | CCL 4 08/01/28 144A                                              | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   3005000 | NS      | $2960735.19   | 0.54%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chariot Funding LLC                                                                  | Chariot Funding LLC 0% CP 27/02/2026                             | CUSIP: 15963UBT2<br>LEI: 549300EEWRNP448AMT79 | Long             | ABS-APCP         | CORP              | US        |   2655000 | NS      | $2639844.00   | 0.48%             | 2026-02-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V4.503 09/11/31                                                | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2190000 | NS      | $2196777.50   | 0.40%             | 2031-09-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Citibank, N.A.                                                                       | C 4.914 05/29/30 .                                               | CUSIP: 17325FBP2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   1180000 | NS      | $1213876.75   | 0.22%             | 2030-05-29      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2024-R04                                         | CAS 2024-R04 1M1                                                 | CUSIP: 20753GAB7<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |      4122 | NS      | $4119.59      | 0.00%             | 2044-05-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2022-R03                                         | CAS 2022-R03 1M2                                                 | CUSIP: 20753XAB0<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |     35000 | NS      | $35943.94     | 0.01%             | 2042-03-25      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2023-R06 1M1                                                 | CUSIP: 20754EAA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      7443 | NS      | $7472.68      | 0.00%             | 2043-07-27      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2023-R02                                         | CAS 2023-R02 1M1                                                 | CUSIP: 20755AAB8<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    183943 | NS      | $187540.75    | 0.03%             | 2043-01-26      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2025-R01 1A1                                                 | CUSIP: 20755JAA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    253353 | NS      | $253353.54    | 0.05%             | 2045-01-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2025-R04 1M1                                                 | CUSIP: 20755TAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    845502 | NS      | $847441.81    | 0.15%             | 2045-05-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2023-R01 1M1                                                 | CUSIP: 207932AA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    128033 | NS      | $130577.43    | 0.02%             | 2042-12-26      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc.                                                            | CRBG 3.65 04/05/27                                               | CUSIP: 21871XAD1<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   1319000 | NS      | $1310651.88   | 0.24%             | 2027-04-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CROSS MORTGAGE TR 2024-H2                                                            | CROSS 2024-H2 A1                                                 | CUSIP: 22757BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    501917 | NS      | $506673.88    | 0.09%             | 2069-04-25      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                                                       | DTE 4.95 07/01/27                                                | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    655000 | NS      | $663626.00    | 0.12%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                                               | FANG 5.15 01/30/30                                               | CUSIP: 25278XAY5<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    627000 | NS      | $644911.25    | 0.12%             | 2030-01-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                                  | D 4.6 05/15/28                                                   | CUSIP: 25746UDY2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    806000 | NS      | $815406.81    | 0.15%             | 2028-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                     | Duke Energy Corp 0% CP 07/01/2026                                | CUSIP: 26244JA74<br>LEI: I1BZKREC126H0VB1BL91 | Long             | STIV             | CORP              | US        |    900000 | NS      | $899393.88    | 0.16%             | 2026-01-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                                                      | EQT 3.125 05/15/26 144A                                          | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     83000 | NS      | $82525.87     | 0.02%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                             | EDF 5.7 05/23/28 144A                                            | CUSIP: 28504DAB9<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    795000 | NS      | $821482.31    | 0.15%             | 2028-05-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Aegon Funding Company LLC                                                            | AEGON 5.5 04/16/27 144A                                          | CUSIP: 00775VAA2<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | DBT              | CORP              | US        |    665000 | NS      | $675493.88    | 0.12%             | 2027-04-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                                                | Air Lease Corporation 0% CP 14/01/2026                           | CUSIP: 00913XAE3<br>LEI: 5493004NW4M4P8TMMK63 | Long             | STIV             | CORP              | US        |   1125000 | NS      | $1123310.13   | 0.20%             | 2026-01-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Elevation CLO 2021-13 Ltd.                                                           | AWPT 2021-13A A1R                                                | CUSIP: 28622EAS7<br>LEI: 549300YZ3RIOTSOP0V95 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $499408.50    | 0.09%             | 2034-07-17      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Elevation CLO 2018-10 Ltd.                                                           | AWPT 2018-10A AR                                                 | CUSIP: 28623CAL5<br>LEI: 5493005Q4N14IP6ASK07 | Long             | ABS-CBDO         | CORP              | KY        |    103613 | NS      | $103593.67    | 0.02%             | 2031-10-20      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                             | AXP V5.098 02/16/28                                              | CUSIP: 025816DP1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    841000 | NS      | $850768.56    | 0.16%             | 2028-02-16      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Americredit Automobile Receivables Trust 2018-3                                      | AMCAR 2023-2 C                                                   | CUSIP: 03065UAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    550000 | NS      | $564223.94    | 0.10%             | 2029-07-18      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Elmwood Clo III Ltd / Llc                                                            | ELMW3 2019-3A A1RR                                               | CUSIP: 29002HAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    650000 | NS      | $651369.56    | 0.12%             | 2037-07-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                                        | ENBCN 1.6 10/04/26                                               | CUSIP: 29250NBH7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    683000 | NS      | $670657.25    | 0.12%             | 2026-10-04      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Gallagher Aj &Co                                                                     | AJG 4.85 12/15/29                                                | CUSIP: 04316JAL3<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    865000 | NS      | $885132.55    | 0.16%             | 2029-12-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                                           | Aviation Capital Group LLC 0% CP 05/01/2026                      | CUSIP: 05369CA56<br>LEI: 549300ODEK8HY3445C77 | Long             | STIV             | CORP              | US        |   3705000 | NS      | $3703435.50   | 0.68%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                        | CHTR 5.125 05/01/27 144A                                         | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | NS      | $319560.13    | 0.06%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| First Citizens Bank & Trust Company                                                  | FCNCA 6.125 03/09/28                                             | CUSIP: 125581GX0<br>LEI: L9VVX1KT5TFTKS0MLF66 | Long             | DBT              | CORP              | US        |    829000 | NS      | $859206.69    | 0.16%             | 2028-03-09      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Enbridge U S Inc                                                                     | Enbridge U S Inc 0% CP 27/01/2026                                | CUSIP: 29251VAT3<br>LEI: 5493003FRODSVHJWFS32 | Long             | STIV             | CORP              | US        |   1460000 | NS      | $1455862.50   | 0.27%             | 2026-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Enbridge U S Inc                                                                     | Enbridge U S Inc 0% CP 29/01/2026                                | CUSIP: 29251VAV8<br>LEI: 5493003FRODSVHJWFS32 | Long             | STIV             | CORP              | US        |   1450000 | NS      | $1445589.38   | 0.26%             | 2026-01-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                   | META 4.2 11/15/30                                                | CUSIP: 30303MAB8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   1255000 | NS      | $1257652.00   | 0.23%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2017-C06 2M2                                                 | CUSIP: 30711XSX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    492003 | NS      | $499349.56    | 0.09%             | 2030-02-25      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE PRIME AUTO RECEIVABLES                                                   | COPAR 2025-1 A3                                                  | CUSIP: 14043YAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    765000 | NS      | $765789.69    | 0.14%             | 2030-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. | CHTR 4.2 03/15/28                                                | CUSIP: 161175BK9<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   1855000 | NS      | $1845767.88   | 0.34%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                              | FHLBDN 0 01/20/10                                                | CUSIP: 313385SA5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   8000000 | NS      | $7985135.00   | 1.46%             | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5537 FC                                                      | CUSIP: 3137HLBG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1355284 | NS      | $1360237.63   | 0.25%             | 2055-05-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Federation des Caisses Desjardins du Quebec                                          | CCDJ 4.565 08/26/30 144A                                         | CUSIP: 31429KAP8<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    550000 | NS      | $553586.19    | 0.10%             | 2030-08-26      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| FIGRE TR 2025-HE1                                                                    | FIGRE 2025-FL2 A1                                                | CUSIP: 31684TAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | NS      | $150369.14    | 0.03%             | 2055-11-25      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust 2020-Gc46                                        | CGCMT 2020-GC46 A2                                               | CUSIP: 17328RAX7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    520062 | NS      | $499975.88    | 0.09%             | 2053-02-18      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2021-R03 1M2                                                 | CUSIP: 20754AAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1015000 | NS      | $1020561.81   | 0.19%             | 2041-12-26      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | FABSJV 6.15 01/25/32                                             | CUSIP: 350930AC7<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    262000 | NS      | $277638.28    | 0.05%             | 2032-01-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2023-HQA3 M1                                               | CUSIP: 35564K3G2<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |     30363 | NS      | $30532.74     | 0.01%             | 2043-11-25      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2025-R04 1A1                                                 | CUSIP: 20755TAA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    345430 | NS      | $345774.78    | 0.06%             | 2045-05-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                                                    | CCI 4.9 09/01/29                                                 | CUSIP: 22822VBF7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1707000 | NS      | $1733480.00   | 0.32%             | 2029-09-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2021-DNA5 M2                                               | CUSIP: 35564KHE2<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |      3750 | NS      | $3760.58      | 0.00%             | 2034-01-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2022-DNA2 M1A                                              | CUSIP: 35564KRE1<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |      1986 | NS      | $1986.39      | 0.00%             | 2042-02-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                                  | D 2.85 08/15/26 D                                                | CUSIP: 25746UCK3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   1248000 | NS      | $1238581.75   | 0.23%             | 2026-08-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                                 | ERAC USA Finance LLC 0% CP 14/01/2026                            | CUSIP: 26882SAE6<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | STIV             | CORP              | US        |    860000 | NS      | $858780.88    | 0.16%             | 2026-01-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2022-DNA5 M1A                                              | CUSIP: 35564KYN3<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |   1520169 | NS      | $1548754.00   | 0.28%             | 2042-06-25      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                        | STACR 2025-DNA1 A1                                               | CUSIP: 35564NFY4<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    640200 | NS      | $640200.89    | 0.12%             | 2045-01-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                                  | FITB V4.895 09/06/30                                             | CUSIP: 316773DM9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     12000 | NS      | $12193.53     | 0.00%             | 2030-09-06      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2025-CES2                                        | GSMBS 2025-CES2 A1                                               | CUSIP: 36273BAA7<br>LEI: 254900U0V0TUGIF39T29 | Long             | ABS-O            | CORP              | US        |    190490 | NS      | $191432.63    | 0.03%             | 2055-09-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                        | STACR 2025-DNA2 A1                                               | CUSIP: 35564NHY2<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    488225 | NS      | $489313.19    | 0.09%             | 2045-05-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                        | STACR 2025-DNA3 M1                                               | CUSIP: 35564UAR8<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    696377 | NS      | $696848.38    | 0.13%             | 2045-09-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                 | GM 1.5 06/10/26                                                  | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1656000 | NS      | $1637267.38   | 0.30%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Halseypoint Clo 4 Ltd / Llc                                                          | HLSY 2021-4A A                                                   | CUSIP: 40637LAA8<br>LEI: 549300CMJUK1VCINNF57 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | NS      | $800534.38    | 0.15%             | 2034-04-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co.                                                       | HPE 4.55 10/15/29                                                | CUSIP: 42824CBT5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   1922000 | NS      | $1933041.72   | 0.35%             | 2029-10-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                             | LLOYDS V4.818 06/13/29                                           | CUSIP: 539439BD0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1076000 | NS      | $1093525.50   | 0.20%             | 2029-06-13      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.05 01/28/27                                                | CUSIP: 61747YEZ4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1649000 | NS      | $1650119.50   | 0.30%             | 2027-01-28      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd 2021-1                                                               | OAKCL 2021-1A A1R                                                | CUSIP: 67402JAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    429000 | NS      | $430316.59    | 0.08%             | 2038-01-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Onemain Direct Auto Receivables Tst                                                  | ODART 2021-1A D                                                  | CUSIP: 682687AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1150000 | NS      | $1148547.50   | 0.21%             | 2030-11-14      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co LP / PTL Finance Corp.                                       | Penske Truck Leasing Co LP / PTL Finance Corp. 0% CP 03/02/2026  | CUSIP: 70962BB37<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |    780000 | NS      | $777118.31    | 0.14%             | 2026-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) plc                                                          | RIOLN 4.875 03/14/30                                             | CUSIP: 76720AAS5<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    429000 | NS      | $440729.34    | 0.08%             | 2030-03-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                                            | SOBOCN 5.026 10/01/29                                            | CUSIP: 83007CAD4<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    223000 | NS      | $226206.88    | 0.04%             | 2029-10-01      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| STATION PLACE SEC TR 2025-7                                                          | CMO FLOAT SER.2025-7 CL.A                                        | CUSIP: 85779XAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1849000 | NS      | $1848985.25   | 0.34%             | 2026-11-24      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd Singapore Branch                                      | Sumitomo Mitsui Trust Bank Ltd Singapore Branch 0% CP 09/03/2026 | CUSIP: 86564XC93<br>LEI: N/A                  | Long             | STIV             | CORP              | SG        |   1650000 | NS      | $1638070.13   | 0.30%             | 2026-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ubs Commercial Mortgage Trust 2019-C17                                               | UBSCM 2019-C17 XA                                                | CUSIP: 90278MBB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10418105 | NS      | $459382.19    | 0.08%             | 2052-10-18      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 3.875 05/31/27                                                 | CUSIP: 91282CNE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  28500000 | NS      | $28645840.00  | 5.22%             | 2027-05-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Vici Properties Inc                                                                  | VICI 3.75 02/15/27 144A                                          | CUSIP: 92564RAD7<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |    879000 | NS      | $873186.34    | 0.16%             | 2027-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                        | STACR 2025-DNA4 M1                                               | CUSIP: 35564UBR7<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    406254 | NS      | $406443.69    | 0.07%             | 2045-10-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| GE Healthcare Technologies Inc.                                                      | GEHC 4.8 08/14/29                                                | CUSIP: 36266GAA5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    149000 | NS      | $152301.11    | 0.03%             | 2029-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust 2019-3                            | GMCAR 2024-1 A3                                                  | CUSIP: 36268GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    486609 | NS      | $489578.63    | 0.09%             | 2028-12-18      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                 | GM 4.2 10/27/28                                                  | CUSIP: 37045XFL5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    170000 | NS      | $170241.83    | 0.03%             | 2028-10-27      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                                  | GP 4.4 06/30/28 144A                                             | CUSIP: 37331NAR2<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    314000 | NS      | $317723.00    | 0.06%             | 2028-06-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                 | GLENLN 6.125 10/06/28 144A                                       | CUSIP: 378272BN7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    706000 | NS      | $740631.75    | 0.14%             | 2028-10-06      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| GOLDENTREE LN MGMT US CLO 9 LTD/LLC                                                  | GLM 2021-9A AR                                                   | CUSIP: 38138JAN3<br>LEI: 549300CQMHYJ3DLMP206 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $501173.00    | 0.09%             | 2037-04-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                             | HCA 5.2 06/01/28                                                 | CUSIP: 404119CP2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    828000 | NS      | $848350.19    | 0.15%             | 2028-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2012                                                  | HART 2025-C A2B                                                  | CUSIP: 44935JAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1687000 | NS      | $1687538.50   | 0.31%             | 2028-07-17      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| ICON Investments Six DAC                                                             | ICLR 5.849 05/08/29                                              | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    200000 | NS      | $208723.92    | 0.04%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Illumina Inc                                                                         | ILMN 4.65 09/09/26                                               | CUSIP: 452327AQ2<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |   1073000 | NS      | $1076441.94   | 0.20%             | 2026-09-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                                                       | INTNED V6.083 09/11/27                                           | CUSIP: 456837BF9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1130000 | NS      | $1145048.38   | 0.21%             | 2027-09-11      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                        | Intercontinental Exchange Inc 0% CP 05/01/2026                   | CUSIP: 45856XA56<br>LEI: 5493000F4ZO33MV32P92 | Long             | STIV             | CORP              | US        |   1040000 | NS      | $1039528.44   | 0.19%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                                                               | ISPIM 5.71 01/15/26                                              | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   1347000 | NS      | $1347648.82   | 0.25%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Jbs Usa Lux SA/Jbs Usa Food Company/Jbs Usa Finance Inc                              | JBSSBZ 3 02/02/29                                                | CUSIP: 46590XAN6<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | CORP              | LU        |   1395000 | NS      | $1343171.13   | 0.24%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST 2023-HE                                                   | JPMMT 2023-HE2 A1                                                | CUSIP: 46657FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    284338 | NS      | $285417.16    | 0.05%             | 2054-03-20      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Kkr Clo 43 Ltd.                                                                      | KKR 2022-43A A1R                                                 | CUSIP: 48255UAJ3<br>LEI: 25490088LQLWORRKOM10 | Long             | ABS-CBDO         | CORP              | JE        |    850000 | NS      | $850883.13    | 0.16%             | 2036-01-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Kellanova                                                                            | K 7.45 04/01/31 B                                                | CUSIP: 487836AT5<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     71000 | NS      | $81232.49     | 0.01%             | 2031-04-01      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                    | LPLA 4.625 11/15/27 144A                                         | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1137000 | NS      | $1136962.75   | 0.21%             | 2027-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                             | LLOYDS V5.462 01/05/28                                           | CUSIP: 53944YAZ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1384000 | NS      | $1402599.75   | 0.26%             | 2028-01-05      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| MSCI Inc.                                                                            | MSCI 4 11/15/29 144A                                             | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   2114000 | NS      | $2066841.31   | 0.38%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mars Inc.                                                                            | MARS 4.6 03/01/28 144A                                           | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   2680000 | NS      | $2716717.00   | 0.50%             | 2028-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                                         | MAR 4 04/15/28 X                                                 | CUSIP: 571903AY9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    335000 | NS      | $335475.59    | 0.06%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marvell Technology Inc                                                               | MRVL 1.65 04/15/26                                               | CUSIP: 573874AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1138000 | NS      | $1130293.63   | 0.21%             | 2026-04-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Marvell Technology Inc                                                               | MRVL 5.75 02/15/29                                               | CUSIP: 573874AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    919000 | NS      | $958323.50    | 0.17%             | 2029-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments, L.P.                                                         | Mid-America Apartments, L.P. 0% CP 08/01/2026                    | CUSIP: 59524PA80<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | STIV             | CORP              | US        |   1015000 | NS      | $1014226.56   | 0.18%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2016-BNK2                                             | MSC 2016-BNK2 A4                                                 | CUSIP: 61690YBU5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    395000 | NS      | $387567.44    | 0.07%             | 2049-11-18      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V4.994 04/12/29 .                                             | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    569000 | NS      | $580270.19    | 0.11%             | 2029-04-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                               | MSI 2.3 11/15/30                                                 | CUSIP: 620076BT5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    390000 | NS      | $354202.19    | 0.06%             | 2030-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                               | MSI 4.85 08/15/30                                                | CUSIP: 620076CA5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    448000 | NS      | $457096.31    | 0.08%             | 2030-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc.                                                             | O'Reilly Automotive Inc. 0% CP 08/01/2026                        | CUSIP: 67117HA84<br>LEI: 549300K2RLMQL149Q332 | Long             | STIV             | CORP              | US        |   1270000 | NS      | $1268999.75   | 0.23%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc.                                                             | O'Reilly Automotive Inc. 0% CP 12/01/2026                        | CUSIP: 67117HAC5<br>LEI: 549300K2RLMQL149Q332 | Long             | STIV             | CORP              | US        |   1520000 | NS      | $1518185.75   | 0.28%             | 2026-01-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                           | Oneok Inc. 0% CP 08/01/2026                                      | CUSIP: 68269FA82<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | STIV             | CORP              | US        |   2250000 | NS      | $2248298.81   | 0.41%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 1.65 03/25/26                                               | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2482000 | NS      | $2466351.19   | 0.45%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 4.45 09/26/30                                               | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    285000 | NS      | $278825.78    | 0.05%             | 2030-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co LP / PTL Finance Corp.                                       | Penske Truck Leasing Co LP / PTL Finance Corp. 0% CP 23/01/2026  | CUSIP: 70962BAP9<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |    480000 | NS      | $478861.13    | 0.09%             | 2026-01-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co LP / PTL Finance Corp.                                       | Penske Truck Leasing Co LP / PTL Finance Corp. 0% CP 28/01/2026  | CUSIP: 70962BAU8<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |    640000 | NS      | $638137.38    | 0.12%             | 2026-01-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                     | PM 5.125 02/15/30                                                | CUSIP: 718172DA4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   1115000 | NS      | $1152548.50   | 0.21%             | 2030-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                     | PM 4.875 02/13/29                                                | CUSIP: 718172DG1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    899000 | NS      | $920219.13    | 0.17%             | 2029-02-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                     | PM 4.625 11/01/29                                                | CUSIP: 718172DN6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    814000 | NS      | $827817.89    | 0.15%             | 2029-11-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline L.P.                                                    | Plains All American Pipeline L.P. 0% CP 05/01/2026               | CUSIP: 72650XA58<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |    790000 | NS      | $789659.94    | 0.14%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                                            | RRX 6.05 04/15/28                                                | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    677000 | NS      | $700331.38    | 0.13%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                                                   | RPRX 5.15 09/02/29                                               | CUSIP: 78081BAQ6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    825000 | NS      | $847842.19    | 0.15%             | 2029-09-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Smbc Aviation Capital Finance                                                        | SMBCAC 5.3 04/03/29 144A                                         | CUSIP: 78448TAL6<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |   1152000 | NS      | $1183464.10   | 0.22%             | 2029-04-03      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SAND TRUST                                                                           | SAND 2024-1A A1                                                  | CUSIP: 799928AA4<br>LEI: 2549005C0PJHMYEI7U38 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $501279.50    | 0.09%             | 2037-04-27      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2013-A                                        | SDART 2023-4 C                                                   | CUSIP: 802927AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | NS      | $307558.38    | 0.06%             | 2031-12-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                       | The Charles Schwab Corporation 0% CP 08/05/2026                  | CUSIP: 8085A3E84<br>LEI: 549300VSGCJ7E698NM85 | Long             | STIV             | CORP              | US        |   1345000 | NS      | $1327892.13   | 0.24%             | 2026-05-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| 7-Eleven Inc.                                                                        | SVELEV 1.3 02/10/28 144A                                         | CUSIP: 817826AD2<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   1695000 | NS      | $1599648.23   | 0.29%             | 2028-02-10      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                                            | SOBOCN 4.911 09/01/27                                            | CUSIP: 83007CAB8<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    764000 | NS      | $770988.25    | 0.14%             | 2027-09-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Southern Co Funding Corporation                                                      | Southern Co Funding Corporation 0% CP 08/01/2026                 | CUSIP: 8426E3A80<br>LEI: 549300FC3G3YU2FBZD92 | Long             | STIV             | CORP              | US        |   1085000 | NS      | $1084194.00   | 0.20%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southern Company Gas Capital Corp.                                                   | SO 4.05 09/15/28 A                                               | CUSIP: 8426EPAJ7<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    240000 | NS      | $240075.78    | 0.04%             | 2028-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                                                               | SPR 4.6 06/15/28                                                 | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   3600000 | NS      | $3604175.56   | 0.66%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Block Inc                                                                            | XYZ 2.75 06/01/26                                                | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   2902000 | NS      | $2884673.07   | 0.53%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                                         | SNPS 4.65 04/01/28                                               | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    310000 | NS      | $314177.53    | 0.06%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Symphony CLO XXIII LTD/LLC                                                           | SYMP 2020-23A AR2                                                | CUSIP: 87167NDL6<br>LEI: 54930001DQI1CFLYVB48 | Long             | ABS-CBDO         | CORP              | KY        |    630183 | NS      | $629650.88    | 0.11%             | 2034-01-17      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Tapestry Inc                                                                         | TPR 5.1 03/11/30                                                 | CUSIP: 876030AK3<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |    449000 | NS      | $460945.88    | 0.08%             | 2030-03-11      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| TARGA RES CORP                                                                       | TARGA RES CORP 0% CP 14/01/2026                                  | CUSIP: 87613LAE9<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |   1090000 | NS      | $1088454.38   | 0.20%             | 2026-01-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2023-B OWNE                                                  | TAOT 2023-B A3                                                   | CUSIP: 891941AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170087 | NS      | $170729.03    | 0.03%             | 2028-02-15      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2024-A OWNE                                                  | TAOT 2024-A A3                                                   | CUSIP: 89238DAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050734 | NS      | $1057549.13   | 0.19%             | 2028-10-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                                    | VENTGL 6.25 01/15/30 144A                                        | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    877000 | NS      | $887888.07    | 0.16%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2019-Inv3                                                 | VERUS 2021-2 A3                                                  | CUSIP: 92538FAC8<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-O            | CORP              | US        |    398817 | NS      | $367432.69    | 0.07%             | 2066-02-25      | Variable      | 1.54%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2023-INV3                                                 | VERUS 2023-INV3 A1                                               | CUSIP: 92540CAA5<br>LEI: 9845008F97BFO762AF95 | Long             | ABS-O            | CORP              | US        |   1383453 | NS      | $1402711.13   | 0.26%             | 2068-11-25      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2019-Inv3                                                 | VERUS 2024-4 A1                                                  | CUSIP: 92540GAA6<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-O            | CORP              | US        |    385365 | NS      | $390295.91    | 0.07%             | 2069-06-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Vici Properties Inc                                                                  | VICI 3.875 02/15/29 144A                                         | CUSIP: 92564RAL9<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |   1480000 | NS      | $1451231.63   | 0.26%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VMware LLC                                                                           | VMW 1.4 08/15/26                                                 | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |   1294000 | NS      | $1274880.50   | 0.23%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                          | WMT 4.35 04/28/30                                                | CUSIP: 931142FN8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    438000 | NS      | $444910.50    | 0.08%             | 2030-04-28      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRU                                                  | WFCM 2025-5C3 XA                                                 | CUSIP: 95004JAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6207956 | NS      | $186586.34    | 0.03%             | 2058-01-17      | Variable      | 0.81%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc.                                                            | WTW 4.65 06/15/27                                                | CUSIP: 970648AL5<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |   1650000 | NS      | $1662825.88   | 0.30%             | 2027-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| WISE CLO LTD 2024-2                                                                  | WYZE 2024-2A A                                                   | CUSIP: 97718GAA1<br>LEI: 254900UJ1RZE30CBZ497 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | NS      | $400676.81    | 0.07%             | 2037-07-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Workday Inc                                                                          | WDAY 3.5 04/01/27                                                | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    880000 | NS      | $874682.50    | 0.16%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER)  | AER 6.1 01/15/27                                                 | CUSIP: 00774MBD6<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |   1157000 | NS      | $1178874.50   | 0.21%             | 2027-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                                                | AL 5.3 06/25/26 MTN                                              | CUSIP: 00914AAW2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    708000 | NS      | $711541.44    | 0.13%             | 2026-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Aircastle Limited                                                                    | AYR 6.5 07/18/28 144A                                            | CUSIP: 00928QAX9<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    774000 | NS      | $813695.81    | 0.15%             | 2028-07-18      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard Inc.                                                        | ATDBCN 3.55 07/26/27 144A                                        | CUSIP: 01626PAH9<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    883000 | NS      | $876791.50    | 0.16%             | 2027-07-26      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard Inc.                                                        | Alimentation Couche-Tard Inc. 0% CP 06/01/2026                   | CUSIP: 01626VA60<br>LEI: 549300OSW32RVX8CCZ87 | Long             | STIV             | CORP              | CA        |    925000 | NS      | $924465.00    | 0.17%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                                        | GOOGL 4.1 11/15/30                                               | CUSIP: 02079KAW7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    755000 | NS      | $757317.06    | 0.14%             | 2030-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                                           | AMT 2.75 01/15/27                                                | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   1800000 | NS      | $1776144.75   | 0.32%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc.                                                                 | AHTLN 4.375 08/15/27 144A                                        | CUSIP: 045054AF0<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1235000 | NS      | $1233871.75   | 0.22%             | 2027-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                                                      | BALN 5.125 03/26/29 144A                                         | CUSIP: 05523RAJ6<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |   3760000 | NS      | $3865309.78   | 0.70%             | 2029-03-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA AUTO TRUST 2023-2                                                    | BAAT 2023-2A A4                                                  | CUSIP: 06054YAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    351000 | NS      | $357883.53    | 0.07%             | 2029-11-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                           | BA 2.75 02/01/26                                                 | CUSIP: 097023DA0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   4362000 | NS      | $4356869.00   | 0.79%             | 2026-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                           | BA 6.298 05/01/29                                                | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   4119000 | NS      | $4372105.59   | 0.80%             | 2029-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| BOFA AUTO TRUST 2024-1                                                               | BAAT 2024-1A A3                                                  | CUSIP: 09709AAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    456908 | NS      | $461533.44    | 0.08%             | 2028-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                                 | Boston Properties LP 0% CP 21/01/2026                            | CUSIP: 10113CAM8<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |    965000 | NS      | $962823.38    | 0.18%             | 2026-01-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                                 | Boston Properties LP 0% CP 19/02/2026                            | CUSIP: 10113CBK1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |   2250000 | NS      | $2237627.75   | 0.41%             | 2026-02-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                            | BRAVO 2024-NQM3 A1                                               | CUSIP: 10569LAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    566175 | NS      | $571717.94    | 0.10%             | 2064-03-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                            | BRAVO 2023-NQM4 A1                                               | CUSIP: 10569YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    129266 | NS      | $129693.94    | 0.02%             | 2063-05-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| Csail Commercial Mortgage Trust 2019-C18                                             | CSAIL 2019-C18 A2                                                | CUSIP: 12597DAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    635029 | NS      | $620151.25    | 0.11%             | 2052-12-17      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                                            | COMM 2014-CR14 B                                                 | CUSIP: 12630DBB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    133381 | NS      | $130180.11    | 0.02%             | 2047-02-12      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                                                 | CCL 5.75 03/15/30 144A                                           | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1562000 | NS      | $1606379.54   | 0.29%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST 2024-1                                                        | CHAOT 2024-1A A3                                                 | CUSIP: 16144BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    655051 | NS      | $660975.00    | 0.12%             | 2029-05-25      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Comm 2017-Panw Mortgage Trust                                                        | CGCMT 2017-B1 AS                                                 | CUSIP: 17326CBB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    697000 | NS      | $683454.69    | 0.12%             | 2050-08-17      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2025-R03 2A1                                                 | CUSIP: 20754VAA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    568521 | NS      | $571235.25    | 0.10%             | 2045-03-27      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2025-R01 1M1                                                 | CUSIP: 20755JAB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    199601 | NS      | $199659.62    | 0.04%             | 2045-01-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2024-R06 1A1                                                 | CUSIP: 20755RAA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    158312 | NS      | $158612.56    | 0.03%             | 2044-09-26      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2024-R06 1M1                                                 | CUSIP: 20755RAB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      5264 | NS      | $5262.58      | 0.00%             | 2044-09-26      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2024-R03 2M1                                                 | CUSIP: 207941AA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      5664 | NS      | $5668.01      | 0.00%             | 2044-03-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| ELMWOOD CLO 33 LTD                                                                   | ELM33 2024-9RA AR                                                | CUSIP: 29001EAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $501368.50    | 0.09%             | 2037-10-21      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Equinix, Inc.                                                                        | EQIX 2.9 11/18/26                                                | CUSIP: 29444UBD7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |   1200000 | NS      | $1188094.00   | 0.22%             | 2026-11-18      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                    | ES 5.45 03/01/28                                                 | CUSIP: 30040WAT5<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    499000 | NS      | $511483.13    | 0.09%             | 2028-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                                  | FITB V6.339 07/27/29                                             | CUSIP: 316773DK3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    816000 | NS      | $859347.19    | 0.16%             | 2029-07-27      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp.                                                                    | FE 3.9 07/15/27 B                                                | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |   2017000 | NS      | $2008952.81   | 0.37%             | 2027-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2022-DNA3 M1B                                              | CUSIP: 35564KUX5<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |     17000 | NS      | $17423.27     | 0.00%             | 2042-04-25      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| Gs Mortgage Securities Trust 2019-GC38                                               | GSMS 2019-GC38 XA                                                | CUSIP: 36252SAX5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12269034 | NS      | $329714.34    | 0.06%             | 2052-02-12      | Variable      | 1.17%                 | No            |                  2 | On Loan: No      |
| GM Financial Revolving Receivables Trust 2024-1                                      | GMREV 2024-1 A                                                   | CUSIP: 36269KAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    728000 | NS      | $748654.81    | 0.14%             | 2036-12-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Graphic Packaging International LLC                                                  | GPK 1.512 04/15/26 144A                                          | CUSIP: 38869PAP9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    919000 | NS      | $910614.38    | 0.17%             | 2026-04-15      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Motor Cycle Trust 2019-A                                             | HDMOT 2025-A A3                                                  | CUSIP: 41284XAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1165000 | NS      | $1179794.75   | 0.22%             | 2030-04-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corporation                                                             | H 5.75 01/30/27                                                  | CUSIP: 448579AQ5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   1236000 | NS      | $1254981.38   | 0.23%             | 2027-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                                                       | INTNED V4.858 03/25/29                                           | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    590000 | NS      | $598826.75    | 0.11%             | 2029-03-25      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                        | Intercontinental Exchange Inc 0% CP 06/01/2026                   | CUSIP: 45856XA64<br>LEI: 5493000F4ZO33MV32P92 | Long             | STIV             | CORP              | US        |    630000 | NS      | $629660.81    | 0.11%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                        | Intercontinental Exchange Inc 0% CP 16/01/2026                   | CUSIP: 45856XAG2<br>LEI: 5493000F4ZO33MV32P92 | Long             | STIV             | CORP              | US        |   3330000 | NS      | $3324623.75   | 0.61%             | 2026-01-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group Inc                                                        | JEF 4.5 09/15/26 MTN                                             | CUSIP: 47233WKS7<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    745000 | NS      | $745048.38    | 0.14%             | 2026-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Manhattan Asset Funding Company LLC                                                  | Manhattan Asset Funding Company LLC 0% CP 29/01/2026             | CUSIP: 56274MAV4<br>LEI: 549300S0NSJYSOB32S63 | Long             | ABS-APCP         | CORP              | US        |   2635000 | NS      | $2626908.50   | 0.48%             | 2026-01-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Natwest Markets PLC                                                                  | NWG 4.412 11/06/30 144A                                          | CUSIP: 63906YAS7<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    895000 | NS      | $895950.31    | 0.16%             | 2030-11-06      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| OCCU AUTO RECEIVABLES TRUST 2023-1                                                   | OCCU 2025-1A A3                                                  | CUSIP: 67098SAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    332000 | NS      | $334925.41    | 0.06%             | 2029-11-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                           | OKE 5.55 11/01/26                                                | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    827000 | NS      | $835904.81    | 0.15%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                           | Oneok Inc. 0% CP 09/01/2026                                      | CUSIP: 68269FA90<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | STIV             | CORP              | US        |    900000 | NS      | $899220.94    | 0.16%             | 2026-01-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.                                                      | REGN 1.75 09/15/30                                               | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |   1310000 | NS      | $1168673.50   | 0.21%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Group                                                                | RCL 5.5 08/31/26 144A                                            | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    400000 | NS      | $400616.47    | 0.07%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ryder System, Inc.                                                                   | Ryder System, Inc. 0% CP 08/01/2026                              | CUSIP: 78355BA85<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | STIV             | CORP              | US        |   1035000 | NS      | $1034209.88   | 0.19%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2013-A                                        | SDART 2023-4 B                                                   | CUSIP: 802927AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    550000 | NS      | $555270.06    | 0.10%             | 2028-12-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO XXVI Ltd / Sound Point CLO XXVI LLC                                  | SNDPT 2020-1A AR                                                 | CUSIP: 83614XAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $500510.00    | 0.09%             | 2034-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Southern Co.                                                                         | SO 5.5 03/15/29                                                  | CUSIP: 842587DS3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    553000 | NS      | $573931.75    | 0.10%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Toll Brothers Finance Corp.                                                          | TOL 4.35 02/15/28                                                | CUSIP: 88947EAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | NS      | $80260.49     | 0.01%             | 2028-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TOORAK MORTGAGE CORP                                                                 | TRK 2025-RRTL1 A1                                                | CUSIP: 89053JAB3<br>LEI: 25490023B58UP9CM5N96 | Long             | ABS-O            | CORP              | US        |    260000 | NS      | $261201.77    | 0.05%             | 2040-02-25      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                                            | TD 5.532 07/17/26 MTN                                            | CUSIP: 89115A2S0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1648000 | NS      | $1661386.88   | 0.30%             | 2026-07-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TR 2024-3                                                       | VERUS 2024-3 A1                                                  | CUSIP: 92540MAA3<br>LEI: 2138005NRONUFED1TZ38 | Long             | ABS-O            | CORP              | US        |    291739 | NS      | $295012.37    | 0.05%             | 2069-04-25      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| Vici Properties Inc                                                                  | VICI 4.5 09/01/26 144A                                           | CUSIP: 92564RAH8<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |    698000 | NS      | $698680.56    | 0.13%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                                                  | VALET 2025-1 A2A                                                 | CUSIP: 92868MAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1014958 | NS      | $1017724.44   | 0.19%             | 2028-01-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2016-C33                                       | WFCM 2016-C33 B                                                  | CUSIP: 95000LBE2<br>LEI: 549300JPCJUA5JJLRW54 | Long             | ABS-O            | CORP              | US        |   1049000 | NS      | $1037711.94   | 0.19%             | 2059-03-17      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| Agree LP                                                                             | Agree LP 0% CP 13/01/2026                                        | CUSIP: 00852XAD8<br>LEI: 549300DXY3G299V1BO77 | Long             | STIV             | CORP              | US        |    565000 | NS      | $564271.06    | 0.10%             | 2026-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                     | AMZN 4.1 11/20/30                                                | CUSIP: 023135CT1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    340000 | NS      | $340370.66    | 0.06%             | 2030-11-20      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                           | AMGN 5.25 03/02/30                                               | CUSIP: 031162DQ0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    655000 | NS      | $679383.25    | 0.12%             | 2030-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANCHOR MORTGAGE TRUST 2025-RTL1                                                      | ANCHR 2025-RTL1 A1                                               | CUSIP: 03290CAA4<br>LEI: 254900S7O2LYCU17JI96 | Long             | ABS-O            | CORP              | US        |    712000 | NS      | $715768.38    | 0.13%             | 2040-05-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                                                          | AvalonBay Communities, Inc. 0% CP 06/01/2026                     | CUSIP: 05348BA62<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | STIV             | CORP              | US        |   1405000 | NS      | $1404242.13   | 0.26%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                         | AVOL 5.75 11/15/29 144A                                          | CUSIP: 05401AAV3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    593000 | NS      | $615212.63    | 0.11%             | 2029-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2022-2 LTD                                                   | BCC 2022-2A A1R                                                  | CUSIP: 05682GAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    700000 | NS      | $699426.00    | 0.13%             | 2035-04-23      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V6.204 11/10/28                                              | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5833000 | NS      | $6061138.50   | 1.11%             | 2028-11-10      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BDS 2021-FL10 LTD                                                                    | BDS 2021-FL10 A                                                  | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    383568 | NS      | $383721.09    | 0.07%             | 2036-12-18      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Benchmark 2020-B16 Mortgage Trust                                                    | BMARK 2020-B22 XA                                                | CUSIP: 08163BBF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3969614 | NS      | $237352.34    | 0.04%             | 2054-01-16      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                                     | AMCR 1.65 01/15/27                                               | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1205000 | NS      | $1173096.13   | 0.21%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                            | BRAVO 2024-NQM2 A1                                               | CUSIP: 10569KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     97483 | NS      | $98351.32     | 0.02%             | 2064-02-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd Finance Corp.                                                              | BG 3.2 04/21/31                                                  | CUSIP: 120568BN9<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    162000 | NS      | $152440.41    | 0.03%             | 2031-04-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Cifc Funding 2020-I LTD / LLC                                                        | CIFC 2020-1A A1R                                                 | CUSIP: 12555QAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1370000 | NS      | $1370645.25   | 0.25%             | 2036-07-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST.                                                              | CHAOT 2025-1A A3                                                 | CUSIP: 16145NAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    822000 | NS      | $828831.25    | 0.15%             | 2030-06-25      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                                  | CGCMT 2016-C3 A4                                                 | CUSIP: 17325GAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1054000 | NS      | $1042526.88   | 0.19%             | 2049-11-18      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Credit Agricole S.A. London Branch                                                   | ACAFP V5.335 01/10/30 144A                                       | CUSIP: 22535WAK3<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    380000 | NS      | $391200.13    | 0.07%             | 2030-01-10      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                                      | DANBNK V1.549 09/10/27 144A                                      | CUSIP: 23636ABB6<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   1042000 | NS      | $1024208.44   | 0.19%             | 2027-09-10      | Fixed         | 1.55%                 | No            |                  2 | On Loan: —       |
| Federal Home Loan Banks                                                              | FHLBDN 0 01/02/26                                                | CUSIP: 313385RG3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  10870000 | NS      | $10868943.00  | 1.98%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BL2815                                                        | CUSIP: 3140HUDV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    928604 | NS      | $887766.94    | 0.16%             | 2029-09-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Homes Trust 2024-NQM1                                                                | HOMES 2024-NQM1 A1                                               | CUSIP: 40390TAA8<br>LEI: 2549001JI3VOZZFMYK81 | Long             | ABS-O            | CORP              | US        |    413135 | NS      | $417195.44    | 0.08%             | 2069-07-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc.                                                         | Honeywell International Inc. 0% CP 13/03/2026                    | CUSIP: 43851UCD3<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | STIV             | CORP              | US        |   1870000 | NS      | $1856453.13   | 0.34%             | 2026-03-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST 2024-VIS                                                  | JPMMT 2024-VIS2 A1                                               | CUSIP: 46658DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    306153 | NS      | $309689.09    | 0.06%             | 2064-11-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM1                             | MSRM 2024-NQM1 A1                                                | CUSIP: 61775UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1254135 | NS      | $1264500.75   | 0.23%             | 2068-12-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                  | NEE 5.05 03/15/30                                                | CUSIP: 65339KDJ6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2103000 | NS      | $2169531.50   | 0.40%             | 2030-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline L.P.                                                    | Plains All American Pipeline L.P. 0% CP 06/01/2026               | CUSIP: 72650XA66<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |   1330000 | NS      | $1329288.63   | 0.24%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Servicenow Inc                                                                       | NOW 1.4 09/01/30                                                 | CUSIP: 81762PAE2<br>LEI: 549300HJTQM36M0E1G39 | Long             | DBT              | CORP              | US        |   1046000 | NS      | $921550.25    | 0.17%             | 2030-09-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| STATION PLACE SEC TR 2025-3                                                          | CMO FLOAT SER.2025-3 CL.A                                        | CUSIP: 85779TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1650000 | NS      | $1653009.63   | 0.30%             | 2026-09-23      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                                              | UDR Inc 0% CP 13/01/2026                                         | CUSIP: 90352QAD9<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | STIV             | CORP              | US        |   2250000 | NS      | $2247070.26   | 0.41%             | 2026-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank N.V.                                                                   | ABNANV V6.339 09/18/27 144A                                      | CUSIP: 00084DBA7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   1150000 | NS      | $1167650.63   | 0.21%             | 2027-09-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| AES Corp.                                                                            | AES 1.375 01/15/26                                               | CUSIP: 00130HCE3<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   1968000 | NS      | $1965719.29   | 0.36%             | 2026-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| AS Mileage Plan IP Ltd.                                                              | ALK 5.021 10/20/29 144A                                          | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1029000 | NS      | $1036141.94   | 0.19%             | 2029-10-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER)  | AER 2.45 10/29/26                                                | CUSIP: 00774MAV7<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |   3082000 | NS      | $3040109.50   | 0.55%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Agree LP                                                                             | Agree LP 0% CP 05/01/2026                                        | CUSIP: 00852XA55<br>LEI: 549300DXY3G299V1BO77 | Long             | STIV             | CORP              | US        |   1485000 | NS      | $1484352.94   | 0.27%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alexander Funding Trust II                                                           | NRG 7.467 07/31/28                                               | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    730000 | NS      | $777743.25    | 0.14%             | 2028-07-31      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| Allegro CLO XII Ltd.                                                                 | ALLEG 2020-1A A1R                                                | CUSIP: 01750TAN6<br>LEI: 254900E0ZQX4DLP7HF87 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | NS      | $250588.50    | 0.05%             | 2037-07-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Amphenol Corporation                                                                 | APH 3.9 11/15/28                                                 | CUSIP: 032095AX9<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    370000 | NS      | $369593.38    | 0.07%             | 2028-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                             | AOMT 2024-9 A1                                                   | CUSIP: 03466JAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    256673 | NS      | $257372.69    | 0.05%             | 2069-09-25      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| Aptargroup Inc.                                                                      | ATR 4.75 03/30/31                                                | CUSIP: 038336AB9<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |    320000 | NS      | $322259.38    | 0.06%             | 2031-03-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp.                                                                   | ARCC 2.15 07/15/26                                               | CUSIP: 04010LBA0<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   1186000 | NS      | $1170773.50   | 0.21%             | 2026-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                                                          | AvalonBay Communities, Inc. 0% CP 07/01/2026                     | CUSIP: 05348BA70<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | STIV             | CORP              | US        |   1300000 | NS      | $1299162.38   | 0.24%             | 2026-01-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                                           | ACGCAP 5.375 07/15/29 144A                                       | CUSIP: 05369AAQ4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    494000 | NS      | $505695.63    | 0.09%             | 2029-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                                           | BATSLN 4.906 04/02/30                                            | CUSIP: 05526DBN4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   5175000 | NS      | $5285784.84   | 0.96%             | 2030-04-02      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                              | BPCEGP V5.975 01/18/27 144A                                      | CUSIP: 05583JAN2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    475000 | NS      | $475285.84    | 0.09%             | 2027-01-18      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                    | BK V4.729 04/20/29                                               | CUSIP: 06405LAH4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    440000 | NS      | $447246.81    | 0.08%             | 2029-04-20      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR10                                                                     | BANK5 2024-5YR10 XA                                              | CUSIP: 06604AAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9631069 | NS      | $375079.09    | 0.07%             | 2057-10-17      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel                                                   | BFCM 1.604 10/04/26 144A                                         | CUSIP: 06675FAY3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   1390000 | NS      | $1365583.13   | 0.25%             | 2026-10-04      | Fixed         | 1.60%                 | No            |                  2 | On Loan: —       |
| Birch Grove CLO 2 Ltd.                                                               | BGCLO 2021-2A A1R                                                | CUSIP: 09077LAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | NS      | $400972.81    | 0.07%             | 2037-10-19      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| BIRCH GROVE CLO 8 LTD                                                                | BGCLO 2024-8A A1                                                 | CUSIP: 09077TAA3<br>LEI: 254900WH1INTG23INE62 | Long             | ABS-CBDO         | CORP              | JE        |    600000 | NS      | $602088.00    | 0.11%             | 2037-04-20      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                               | BWP 5.95 06/01/26                                                | CUSIP: 096630AE8<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |   1063000 | NS      | $1066249.38   | 0.19%             | 2026-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                           | BA 2.95 02/01/30                                                 | CUSIP: 097023CN3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    114000 | NS      | $108005.88    | 0.02%             | 2030-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                           | BA 5.15 05/01/30                                                 | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1310000 | NS      | $1346038.25   | 0.25%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                            | BRAVO 2025-HE1 A1                                                | CUSIP: 10568VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    602223 | NS      | $601789.94    | 0.11%             | 2072-09-26      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                         | AVGO 5.05 07/12/29                                               | CUSIP: 11135FBX8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1067000 | NS      | $1098558.99   | 0.20%             | 2029-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                         | AVGO 4.6 07/15/30                                                | CUSIP: 11135FCK5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1080000 | NS      | $1097313.63   | 0.20%             | 2030-07-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                     | PARA 3.7 06/01/28                                                | CUSIP: 124857AX1<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    220000 | NS      | $214920.19    | 0.04%             | 2028-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                     | PARA 4.2 06/01/29                                                | CUSIP: 124857AZ6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    186000 | NS      | $181213.58    | 0.03%             | 2029-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CCG RECEIVABLES TRUST 2023-1                                                         | CCG 2023-1 A2                                                    | CUSIP: 12512XAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     82995 | NS      | $83323.67     | 0.02%             | 2030-09-16      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                                            | COMM 2014-UBS5 AM                                                | CUSIP: 12592KBE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    346489 | NS      | $340429.00    | 0.06%             | 2047-09-12      | Variable      | 4.19%                 | No            |                  2 | On Loan: No      |
| Caixabank S.A.                                                                       | CABKSM V5.673 03/15/30 144A                                      | CUSIP: 12803RAG9<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    430000 | NS      | $446350.47    | 0.08%             | 2030-03-15      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                                                 | CCL 5.125 05/01/29 144A                                          | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    715000 | NS      | $722928.94    | 0.13%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CATHEDRAL LAKE CLO 2021-8A                                                           | ABS FLOAT SER.2021-8A CL.A1R                                     | CUSIP: 14919GAN5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1540000 | NS      | $1540361.88   | 0.28%             | 2035-01-20      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings Llc                                                             | CE 1.4 08/05/26                                                  | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    558000 | NS      | $549085.94    | 0.10%             | 2026-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: —       |
| Chariot Funding LLC                                                                  | Chariot Funding LLC 0% CP 02/02/2026                             | CUSIP: 15963UB21<br>LEI: 549300EEWRNP448AMT79 | Long             | ABS-APCP         | CORP              | US        |   2760000 | NS      | $2750994.50   | 0.50%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cimarex Energy Corporation                                                           | XEC 3.9 05/15/27                                                 | CUSIP: 171798AD3<br>LEI: 11KYOFXPU1C4CQL1CL44 | Long             | DBT              | CORP              | US        |   1310000 | NS      | $1290246.63   | 0.24%             | 2027-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Cipher Compute LLC                                                                   | CIFR 7.125 11/15/30 144A                                         | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1220000 | NS      | $1242549.17   | 0.23%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C F 06/09/27                                                     | CUSIP: 172967MZ1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2069000 | NS      | $2071205.00   | 0.38%             | 2027-06-09      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| Cno Global Funding                                                                   | CNO 1.75 10/07/26 144A                                           | CUSIP: 18977W2A7<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   2073000 | NS      | $2036152.26   | 0.37%             | 2026-10-07      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| Connecticut Avenue Securities Trust 2022-R04                                         | CAS 2022-R04 1M2                                                 | CUSIP: 20753YCK6<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |     24000 | NS      | $24581.29     | 0.00%             | 2042-03-25      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2022-R02 2M2                                                 | CUSIP: 20754BAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1220000 | NS      | $1241993.00   | 0.23%             | 2042-01-27      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2024-R02 1M1                                                 | CUSIP: 20754GAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    191858 | NS      | $191739.41    | 0.03%             | 2044-02-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2025-R03                                         | CAS 2025-R02 1A1                                                 | CUSIP: 20754TAB8<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    189008 | NS      | $189297.94    | 0.03%             | 2045-02-27      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2025-R03                                         | CAS 2025-R02 1M1                                                 | CUSIP: 20754TAC6<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    368398 | NS      | $368912.88    | 0.07%             | 2045-02-27      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H1 MORTGAGE TRUST                                                         | CROSS 2025-H1 A1                                                 | CUSIP: 22758NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    771713 | NS      | $779280.13    | 0.14%             | 2070-02-25      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| CSAIL 2017-Cx10 Commercial Mortgage Trust                                            | CSAIL 2021-C20 XA                                                | CUSIP: 22945EAW1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5929260 | NS      | $224294.42    | 0.04%             | 2054-03-17      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| D.R. Horton, Inc.                                                                    | DHI 1.3 10/15/26                                                 | CUSIP: 23331ABQ1<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   2193000 | NS      | $2148220.25   | 0.39%             | 2026-10-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                                 | ERAC USA Finance LLC 0% CP 29/01/2026                            | CUSIP: 26882SAV8<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | STIV             | CORP              | US        |    970000 | NS      | $967153.44    | 0.18%             | 2026-01-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ELMWOOD CLO 27 LTD                                                                   | ELM27 2024-3A A                                                  | CUSIP: 29003FAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    800000 | NS      | $802140.81    | 0.15%             | 2037-04-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | ET 5.25 07/01/29                                                 | CUSIP: 29273VAZ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     16000 | NS      | $16465.22     | 0.00%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | Energy Transfer LP 0% CP 02/01/2026                              | CUSIP: 29277FA27<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | STIV             | CORP              | US        |   2250000 | NS      | $2249760.01   | 0.41%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | Energy Transfer LP 0% CP 05/01/2026                              | CUSIP: 29277FA50<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | STIV             | CORP              | US        |    715000 | NS      | $714692.25    | 0.13%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Enel Finance America LLC                                                             | Enel Finance America LLC 0% CP 06/03/2026                        | CUSIP: 29279HC60<br>LEI: 549300EGNLVUJX1DEC60 | Long             | STIV             | CORP              | US        |   1040000 | NS      | $1032827.75   | 0.19%             | 2026-03-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Equitable America Global Funding                                                     | EQH 4.3 12/15/28 144A                                            | CUSIP: 29446Q2F9<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   1250000 | NS      | $1255057.25   | 0.23%             | 2028-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| F&G Annuities & Life Inc.                                                            | FG 6.5 06/04/29                                                  | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    343000 | NS      | $357330.66    | 0.07%             | 2029-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2016-C07 2M2                                                 | CUSIP: 30711XEC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    256108 | NS      | $262000.31    | 0.05%             | 2029-05-25      | Floating      | 8.34%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BS9301                                                        | CUSIP: 3140LLKP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    312170 | NS      | $317465.53    | 0.06%             | 2028-08-01      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BZ0065                                                        | CUSIP: 3140NUCB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    732000 | NS      | $756638.81    | 0.14%             | 2028-12-01      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc.                                                                          | FISV 5.45 03/02/28                                               | CUSIP: 337738BD9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    825000 | NS      | $844790.38    | 0.15%             | 2028-03-02      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust 2014-A                                                  | FORDO 2022-C A4                                                  | CUSIP: 34535AAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    295989 | NS      | $296511.25    | 0.05%             | 2027-12-15      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2024-A                                                  | FORDO 2024-A A3                                                  | CUSIP: 34535EAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1975131 | NS      | $1991898.88   | 0.36%             | 2028-12-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | FABSJV 5.5 01/25/31                                              | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    400000 | NS      | $412877.81    | 0.08%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2021-DNA6 M2                                               | CUSIP: 35564KKY4<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |     85598 | NS      | $85842.17     | 0.02%             | 2041-10-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2021-DNA7 M2                                               | CUSIP: 35564KMH9<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |   1242000 | NS      | $1251254.38   | 0.23%             | 2041-11-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2023-DNA1 M1A                                              | CUSIP: 35564KP37<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |     31710 | NS      | $32101.60     | 0.01%             | 2043-03-25      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2022-DNA7                                              | STACR 2022-HQA1 M1A                                              | CUSIP: 35564KTA7<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-O            | USGSE             | US        |      3028 | NS      | $3034.85      | 0.00%             | 2042-03-25      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                        | STACR 2024-HQA2 A1                                               | CUSIP: 35564NDY6<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    932500 | NS      | $937472.06    | 0.17%             | 2044-08-25      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust 2019-3                            | GMCAR 2022-3 A4                                                  | CUSIP: 36265WAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    992000 | NS      | $990979.50    | 0.18%             | 2027-12-16      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2020-Pj2                                         | GSMBS 2024-RPL2 A1                                               | CUSIP: 36269MAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1812866 | NS      | $1779418.88   | 0.32%             | 2061-07-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Gartner Inc.                                                                         | IT 4.5 07/01/28 144A                                             | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |   2485000 | NS      | $2476963.06   | 0.45%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                                  | GP 2.3 04/30/30 144A                                             | CUSIP: 37331NAK7<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |   1235000 | NS      | $1139169.75   | 0.21%             | 2030-04-30      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V4.153 10/21/29                                               | CUSIP: 38141GD27<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6820000 | NS      | $6818474.00   | 1.24%             | 2029-10-21      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                             | HCA 3.125 03/15/27                                               | CUSIP: 404119CH0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1653000 | NS      | $1635689.13   | 0.30%             | 2027-03-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES 2023-2 OWNE                                                   | HAROT 2023-2 A3                                                  | CUSIP: 437927AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    338876 | NS      | $340446.63    | 0.06%             | 2027-11-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables 2025-4 Owner Trust                                            | HAROT 2025-4 A2A                                                 | CUSIP: 43814XAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1587000 | NS      | $1589635.75   | 0.29%             | 2028-06-15      | Fixed         | 4.04%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corporation                                                             | H 5.05 03/30/28                                                  | CUSIP: 448579AU6<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    574000 | NS      | $584408.94    | 0.11%             | 2028-03-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                              | HYNMTR 5.3 01/08/29 144A                                         | CUSIP: 44891ACU9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   3908000 | NS      | $4009070.50   | 0.73%             | 2029-01-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2024                                                  | HART 2024-A A3                                                   | CUSIP: 448973AD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    616401 | NS      | $621676.94    | 0.11%             | 2029-02-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| ICON Investments Six DAC                                                             | ICLR 5.809 05/08/27                                              | CUSIP: 45115AAA2<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    275000 | NS      | $280595.25    | 0.05%             | 2027-05-08      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Jpmbb Commercial Mortgage Securities Trust 2013-C12                                  | JPMBB 2014-C23 B                                                 | CUSIP: 46643ABK8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    525000 | NS      | $509086.41    | 0.09%             | 2047-09-17      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| Jpmbb Commercial Mortgage Securities Trust 2013-C12                                  | JPMBB 2014-C23 C                                                 | CUSIP: 46643ABL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    709824 | NS      | $681706.74    | 0.12%             | 2047-09-17      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V1.47 09/22/27                                               | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1986000 | NS      | $1949757.13   | 0.36%             | 2027-09-22      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V5.04 01/23/28                                               | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1649000 | NS      | $1666066.25   | 0.30%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                             | JPMMT 2024-CES1 A1A                                              | CUSIP: 46658CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    241297 | NS      | $243166.19    | 0.04%             | 2054-06-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                             | JANEST 4.5 11/15/29 144A                                         | CUSIP: 47077WAA6<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   1500000 | NS      | $1477290.32   | 0.27%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lhome Mortgage Trust 2025-RTL2                                                       | LHOME 2025-RTL2 A1                                               | CUSIP: 50206RAA5<br>LEI: 529900COAFD3IY51O355 | Long             | ABS-O            | CORP              | US        |    337000 | NS      | $339487.76    | 0.06%             | 2040-04-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                    | LPLA 4 03/15/29 144A                                             | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    330000 | NS      | $324487.53    | 0.06%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                    | LPLA 6.75 11/17/28                                               | CUSIP: 50212YAH7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    323000 | NS      | $344732.41    | 0.06%             | 2028-11-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                                                 | LVS 3.5 08/18/26                                                 | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    578000 | NS      | $575283.50    | 0.10%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                             | LLOYDS V5.721 06/05/30                                           | CUSIP: 53944YBA0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    539000 | NS      | $564897.50    | 0.10%             | 2030-06-05      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                                                                 | Macquarie Group Ltd. 0% CP 06/04/2026                            | CUSIP: 55608VD65<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | STIV             | CORP              | AU        |   2040000 | NS      | $2018841.13   | 0.37%             | 2026-04-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd                                                    | MCAIRH 5.15 03/17/30 144A                                        | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    254000 | NS      | $257484.81    | 0.05%             | 2030-03-17      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding XXX Ltd                                                         | MDPK 2018-30A A1R                                                | CUSIP: 55821TAL1<br>LEI: 549300FFTJ3WPTJK8589 | Long             | ABS-CBDO         | CORP              | KY        |    610000 | NS      | $611060.81    | 0.11%             | 2037-07-16      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| MAGNETITE LIMITED 2024-40                                                            | MAGNE 2024-40A A1                                                | CUSIP: 55955RAA7<br>LEI: 5299008V4F49IY3SSP69 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $501171.50    | 0.09%             | 2037-07-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Mars Inc.                                                                            | MARS 4.65 04/20/31 144A                                          | CUSIP: 571676AU9<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     37000 | NS      | $37772.13     | 0.01%             | 2031-04-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Mars Inc.                                                                            | MARS 4.8 03/01/30 144A                                           | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   2015000 | NS      | $2059254.66   | 0.38%             | 2030-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments, L.P.                                                         | Mid-America Apartments, L.P. 0% CP 15/01/2026                    | CUSIP: 59524PAF4<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | STIV             | CORP              | US        |    905000 | NS      | $903621.81    | 0.16%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mondelez International Holdings Netherlands BV                                       | MDLZ 1.25 09/24/26 144A                                          | CUSIP: 60920LAR5<br>LEI: 549300CW356R8I7N8D33 | Long             | DBT              | CORP              | NL        |   3310000 | NS      | $3245475.50   | 0.59%             | 2026-09-24      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.123 02/01/29                                               | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    676000 | NS      | $690083.25    | 0.13%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V4.133 10/18/29 I                                             | CUSIP: 61748UAK8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1100000 | NS      | $1099645.75   | 0.20%             | 2029-10-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS 3.95 04/23/27                                                 | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   3489000 | NS      | $3486527.75   | 0.64%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RES 2024-4                                                            | MSRM 2024-4 AF                                                   | CUSIP: 61777BBQ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    214273 | NS      | $213868.06    | 0.04%             | 2054-09-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                                        | NFLX 5.375 11/15/29 144A                                         | CUSIP: 64110LAU0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   3080000 | NS      | $3210627.50   | 0.59%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman Clo XVII Ltd.                                                       | NEUB 2014-17A AR3                                                | CUSIP: 64129UCC7<br>LEI: 549300XVEYZNG956Y145 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $501118.50    | 0.09%             | 2038-07-22      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                  | NEE 4.685 09/01/27                                               | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    260000 | NS      | $263089.56    | 0.05%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corporation                                                         | NOVNVX 4.1 11/05/30                                              | CUSIP: 66989HAY4<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |   1095000 | NS      | $1093833.25   | 0.20%             | 2030-11-05      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc.                                                             | O'Reilly Automotive Inc. 0% CP 06/01/2026                        | CUSIP: 67117HA68<br>LEI: 549300K2RLMQL149Q332 | Long             | STIV             | CORP              | US        |   1005000 | NS      | $1004451.56   | 0.18%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM2 TRUST                                                                  | OBX 2024-NQM2 A1                                                 | CUSIP: 67118HAA8<br>LEI: 254900OHTVKDKZL33I54 | Long             | ABS-O            | CORP              | US        |    755462 | NS      | $760445.56    | 0.14%             | 2063-12-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                           | Oneok Inc. 0% CP 07/01/2026                                      | CUSIP: 68269FA74<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | STIV             | CORP              | US        |   1105000 | NS      | $1104286.75   | 0.20%             | 2026-01-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LN FDG 7 LP 2025-2                                                          | PKAIR 2025-2 A                                                   | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    244196 | NS      | $244656.73    | 0.04%             | 2043-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                                     | PCG 3 06/15/28                                                   | CUSIP: 694308JW8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2413000 | NS      | $2339742.00   | 0.43%             | 2028-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                                     | PCG 6.1 01/15/29                                                 | CUSIP: 694308KL0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    218000 | NS      | $227998.55    | 0.04%             | 2029-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Paychex Inc                                                                          | PAYX 5.1 04/15/30                                                | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    686000 | NS      | $706246.88    | 0.13%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                     | PM 4 10/29/30                                                    | CUSIP: 718172DY2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    465000 | NS      | $460778.28    | 0.08%             | 2030-10-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline L.P.                                                    | Plains All American Pipeline L.P. 0% CP 02/01/2026               | CUSIP: 72650XA25<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |    985000 | NS      | $984893.94    | 0.18%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                                           | RCICN 5 02/15/29                                                 | CUSIP: 775109DE8<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   1159000 | NS      | $1180970.38   | 0.22%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ryder System, Inc.                                                                   | Ryder System, Inc. 0% CP 07/01/2026                              | CUSIP: 78355BA77<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | STIV             | CORP              | US        |    620000 | NS      | $619600.50    | 0.11%             | 2026-01-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| S&P Global Inc                                                                       | SPGI 2.5 12/01/29                                                | CUSIP: 78409VAP9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    655000 | NS      | $617293.31    | 0.11%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2013-A                                        | SDART 2021-4 D                                                   | CUSIP: 80285VAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    273131 | NS      | $272837.38    | 0.05%             | 2027-10-15      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2013-5                                        | SDART 2023-3 B                                                   | CUSIP: 80285XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    339137 | NS      | $340292.81    | 0.06%             | 2028-07-17      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| SIGNAL PK CLO LTD 2017-4R                                                            | SPEAK 2018-5A A1R                                                | CUSIP: 82666VAA2<br>LEI: 635400SMPSPMTZRZQF40 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $501280.50    | 0.09%             | 2037-04-27      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| SOUND POINT CLO XXXII LTD                                                            | SNDPT 2021-4A A                                                  | CUSIP: 83616AAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | NS      | $501005.50    | 0.09%             | 2034-10-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Southern Co.                                                                         | SO 3.25 07/01/26                                                 | CUSIP: 842587CV7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   1762000 | NS      | $1755912.22   | 0.32%             | 2026-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corporation                                                           | S 6.875 11/15/28                                                 | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   3650000 | NS      | $3916920.94   | 0.71%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STATION PLACE SECURITIZATION TRUST                                                   | SPST 2025-1 A                                                    | CUSIP: 85772UAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1969000 | NS      | $1982160.75   | 0.36%             | 2026-07-23      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                                         | SNPS 4.85 04/01/30                                               | CUSIP: 871607AC1<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1136000 | NS      | $1160256.88   | 0.21%             | 2030-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                   | TMUS 2.25 02/15/26                                               | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1653000 | NS      | $1649217.38   | 0.30%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Toll Brothers Finance Corp.                                                          | TOL 3.8 11/01/29                                                 | CUSIP: 88947EAU4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    583000 | NS      | $573412.25    | 0.10%             | 2029-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2014-C                                                       | TAOT 2025-D A2B                                                  | CUSIP: 89231GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    971000 | NS      | $970997.06    | 0.18%             | 2028-08-15      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                                               | TFC V6.047 06/08/27 MTN                                          | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2499000 | NS      | $2519107.50   | 0.46%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                                         | B 0 01/06/26                                                     | CUSIP: 912797SE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | NS      | $29984886.00  | 5.47%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| Verisk Analytics, Inc.                                                               | VRSK 4.5 08/15/30                                                | CUSIP: 92345YAM8<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    376000 | NS      | $378844.72    | 0.07%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Viper Energy Partners LLC                                                            | VNOM 4.9 08/01/30                                                | CUSIP: 92764MAA2<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |    387000 | NS      | $391438.88    | 0.07%             | 2030-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                             | VST 5.05 12/30/26 144A                                           | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1205000 | NS      | $1213596.50   | 0.22%             | 2026-12-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Voya CLO 2019-3 Ltd. / Voya CLO 2019-3 LLC                                           | VOYA 2019-3A AR                                                  | CUSIP: 92918FAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    387392 | NS      | $388113.28    | 0.07%             | 2032-10-18      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                                                     | WFRBS 2013-C11 C                                                 | CUSIP: 92937EAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    488000 | NS      | $471916.16    | 0.09%             | 2045-03-17      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                    | WFC V4.808 07/25/28 MTN                                          | CUSIP: 95000U3A9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    849000 | NS      | $858506.50    | 0.16%             | 2028-07-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Wisconsin Electric Power Company                                                     | WEC 4.15 10/15/30                                                | CUSIP: 976656CU0<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |    420000 | NS      | $419447.13    | 0.08%             | 2030-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST 2023-NQM2                                                         | ADMT 2023-NQM5 A1                                                | CUSIP: 00249XAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2128959 | NS      | $2153765.00   | 0.39%             | 2068-11-25      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                              | HYNMTR 5.35 03/19/29 144A                                        | CUSIP: 44891ACY1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    356000 | NS      | $366243.63    | 0.07%             | 2029-03-19      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2018-L1                                               | MSC 2018-L1 A3                                                   | CUSIP: 61691QAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    661032 | NS      | $661073.50    | 0.12%             | 2051-10-17      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                                                   | RPRX 4.45 03/25/31                                               | CUSIP: 78081BAT0<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   1090000 | NS      | $1086878.60   | 0.20%             | 2031-03-25      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                             | AOMT 2021-3 A3                                                   | CUSIP: 03465EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    346584 | NS      | $302035.53    | 0.06%             | 2066-05-25      | Variable      | 1.46%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                           | BA 6.259 05/01/27                                                | CUSIP: 097023DP7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    181000 | NS      | $185708.95    | 0.03%             | 2027-05-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                         | AVGO 4.2 10/15/30                                                | CUSIP: 11135FCW9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    790000 | NS      | $789399.13    | 0.14%             | 2030-10-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust 2023-1                                      | COPAR 2022-1 A3                                                  | CUSIP: 14043QAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     92045 | NS      | $91982.29     | 0.02%             | 2027-04-15      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H1 MORTGAGE TRUST                                                         | CROSS 2024-H1 A1                                                 | CUSIP: 22757AAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    431202 | NS      | $434605.56    | 0.08%             | 2068-12-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG New York Branch                                                     | DB V2.311 11/16/27                                               | CUSIP: 251526CP2<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |    927000 | NS      | $911971.06    | 0.17%             | 2027-11-16      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Enel Finance America LLC                                                             | Enel Finance America LLC 0% CP 06/02/2026                        | CUSIP: 29279HB61<br>LEI: 549300EGNLVUJX1DEC60 | Long             | STIV             | CORP              | US        |   1210000 | NS      | $1205303.00   | 0.22%             | 2026-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                        | STACR 2025-DNA2 M1                                               | CUSIP: 35564NHZ9<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   1961338 | NS      | $1960687.25   | 0.36%             | 2045-05-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| GE Healthcare Technologies Inc.                                                      | GEHC 4.15 12/15/28                                               | CUSIP: 36266GAD9<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    275000 | NS      | $275757.88    | 0.05%             | 2028-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Howmet Aerospace Inc                                                                 | HWM 3 01/15/29                                                   | CUSIP: 443201AB4<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |   2437000 | NS      | $2363831.88   | 0.43%             | 2029-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                                                                 | Macquarie Group Ltd. 0% CP 19/03/2026                            | CUSIP: 55608VCK5<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | STIV             | CORP              | AU        |    980000 | NS      | $971757.25    | 0.18%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                                         | Marriott International, Inc. 0% CP 22/01/2026                    | CUSIP: 57163UAN6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | STIV             | CORP              | US        |    760000 | NS      | $758267.81    | 0.14%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments, L.P.                                                         | Mid-America Apartments, L.P. 0% CP 05/01/2026                    | CUSIP: 59524PA56<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | STIV             | CORP              | US        |   1015000 | NS      | $1014561.63   | 0.18%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                           | OXY 5.2 08/01/29                                                 | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    870000 | NS      | $891741.81    | 0.16%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PNC Bank National Association Pittsburgh Pennsylvania                                | PNC 4.05 07/26/28 BKNT                                           | CUSIP: 69349LAR9<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   1737000 | NS      | $1739513.00   | 0.32%             | 2028-07-26      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Sovereign ComlMtg                                                                    | SGCMS 2016-C5 A4                                                 | CUSIP: 78419CAD6<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-O            | CORP              | US        |    513000 | NS      | $507949.16    | 0.09%             | 2048-10-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Santander Holdings USA Inc.                                                          | SANUSA V2.49 01/06/28                                            | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1340000 | NS      | $1317070.13   | 0.24%             | 2028-01-06      | Fixed         | 2.49%                 | No            |                  2 | On Loan: —       |
| UBS Commercial Mortgage Trust                                                        | UBSCM 2017-C7 A4                                                 | CUSIP: 90276WAS6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1270000 | NS      | $1259523.13   | 0.23%             | 2050-12-16      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| Vertiv Group Corp.                                                                   | VRT 4.125 11/15/28 144A                                          | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |   1690000 | NS      | $1669229.75   | 0.30%             | 2028-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                               | US T-NOTE 2YR                                                    | CUSIP: 00002TUH6<br>LEI: 549300EX04Q2QBFQTQ27 | Long             | DIR              | CORP              | US        |       270 | NC      | $-18983.16    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-12

**Name of Applicant:** EMPOWER FUNDS, INC.

**Signature:** /s/Kelly New

**Name of Signer:** Kelly New

**Title:** Treasurer, Empower Funds, Inc.