# EDGAR Filing Document

**Accession Number:** 0001766436
**File Stem:** 0002000324-25-003782
**Filing Date:** 2025-9
**Character Count:** 89083
**Document Hash:** 1b6111e21518cabf2678becfd6e41a73
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-003782.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0002000324-25-003782

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Leader Funds Trust
- **CENTRAL INDEX KEY:** 0001766436

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23419
- **FILM NUMBER:** 251354889

**BUSINESS ADDRESS:**
- **STREET 1:** 315 W. MILL PLAIN BLVD
- **STREET 2:** SUITE 204
- **CITY:** VANCOUVER
- **STATE:** WA
- **ZIP:** 98660
- **BUSINESS PHONE:** 1-800-711-9164

**MAIL ADDRESS:**
- **STREET 1:** 315 W. MILL PLAIN BLVD
- **STREET 2:** SUITE 204
- **CITY:** VANCOUVER
- **STATE:** WA
- **ZIP:** 98660

## Series and Classes Contracts Data

### Leader Capital High Quality Income Fund (Series ID: S000065273)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000211311 | Leader Capital High Quality Income Fund Institutional Class | LCTIX           |
| C000211313 | Leader Capital High Quality Income Fund Class A             | LCATX           |
| C000211314 | Leader Capital High Quality Income Fund Investor Class      | LCTRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Leader Funds Trust

- **b. Investment Company Act file number:** 811-23419

- **c. CIK number of Registrant:** 0001766436

- **d. LEI of Registrant:** 5493004CXG3W4ZKLTI89

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

  - **Street Address 1:** 315 W. Mill Plain Boulevard

  - **City:** Vancouver

  - **State:** WA

  - **Foreign country:** US

  - **Zip / Postal Code:** 98660

  - **Telephone number:** 800-711-9164

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

- **a. Name of Series:** Leader Capital High Quality Income Fund

- **b. EDGAR series identifier (if any):** S000065273

- **c. LEI of Series:** R3NVRGXLFHWUBHFB7V47

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

- **a. Date of fiscal year-end:** 2025-07-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1250483612.84

**Total Liabilities:** $22943980.91

**Net Assets:** $1227539631.93

**Cash Not Reported:** $15422327.54

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211313 | -0.30%               | 0.43%                | 0.54%                |
| Class ID C000211314 | -0.25%               | 0.45%                | 0.55%                |
| Class ID C000211311 | -0.22%               | 0.48%                | 0.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1226759.57             | $-7700043.00                               |
| Month 2  | $456925.18               | $5707592.47                                |
| Month 3  | $434479.47               | $1068767.72                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BAMLL Trust 2024-BHP                            | ABS               | CUSIP: 05493WAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3009397.20   | 0.25%             | 2039-08-15      | Variable      | 7.24%                 | Yes           |                  2 | On Loan: No      |
| BRSP 2024-FL2 Ltd                               | ABS               | CUSIP: 05613BAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   7875000 | PA      | $7839773.55   | 0.64%             | 2037-08-19      | Variable      | 7.89%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2024-AIR2          | ABS               | CUSIP: 05613QAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    959180 | PA      | $961627.58    | 0.08%             | 2041-10-15      | Variable      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2025-GW                                | ABS               | CUSIP: 12433GAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2005585.40   | 0.16%             | 2042-07-15      | Variable      | 6.44%                 | Yes           |                  2 | On Loan: No      |
| CONE Trust 2024-DFW1                            | ABS               | CUSIP: 20682AAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9000000 | PA      | $8947638.90   | 0.73%             | 2041-08-15      | Variable      | 7.38%                 | Yes           |                  2 | On Loan: No      |
| FS Rialto 2024-FL9 Issuer LLC                   | ABS               | CUSIP: 30338WAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7572000 | PA      | $7579847.62   | 0.62%             | 2039-10-19      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Greystone CRE Notes 2024-HC3                    | ABS               | CUSIP: 39808MAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3437000 | PA      | $3377731.34   | 0.28%             | 2041-03-15      | Variable      | 7.98%                 | Yes           |                  2 | On Loan: No      |
| Greystone CRE Notes 2024-HC3                    | ABS               | CUSIP: 39808MAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5156000 | PA      | $5173383.45   | 0.42%             | 2041-03-15      | Variable      | 8.77%                 | Yes           |                  2 | On Loan: No      |
| Greystone CRE Notes 2025-FL4 LLC                | ABS               | CUSIP: 39810MAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002413.40   | 0.08%             | 2043-01-15      | Variable      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| Greystone CRE Notes 2025-FL4 LLC                | ABS               | CUSIP: 39810MAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2011624.60   | 0.16%             | 2043-01-15      | Variable      | 7.23%                 | Yes           |                  2 | On Loan: No      |
| HIH Trust 2024-61P                              | ABS               | CUSIP: 40444VAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9852538 | PA      | $9866405.25   | 0.80%             | 2041-10-15      | Variable      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| HIH Trust 2024-61P                              | ABS               | CUSIP: 40444VAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13793553 | PA      | $13812836.31  | 1.13%             | 2041-10-15      | Variable      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| HONO 2021-LULU Mortgage Trust                   | ABS               | CUSIP: 40390MAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4525000 | PA      | $4464413.42   | 0.36%             | 2036-10-15      | Variable      | 6.31%                 | Yes           |                  2 | On Loan: No      |
| HYT Commercial Mortgage Trust 2024-RGCY         | ABS               | CUSIP: 449173AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $6003699.60   | 0.49%             | 2041-09-15      | Variable      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                               | ABS               | CUSIP: 48275RAC1<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-MBS          | CORP              | KY        |   7500000 | PA      | $7368046.50   | 0.60%             | 2039-02-15      | Variable      | 5.76%                 | Yes           |                  2 | On Loan: No      |
| LoanCore 2021-CRE5 Issuer Ltd                   | ABS               | CUSIP: 53947XAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   8000000 | PA      | $8016964.80   | 0.65%             | 2036-07-15      | Variable      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| LoanCore 2025 2025-CRE8 Issuer LLC              | ABS               | CUSIP: 53947FAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2972154.60   | 0.24%             | 2042-08-17      | Variable      | 7.83%                 | Yes           |                  2 | On Loan: No      |
| MF1 2021-FL7 Ltd                                | ABS               | CUSIP: 55284AAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3006000 | PA      | $2991116.09   | 0.24%             | 2036-10-16      | Variable      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| MF1 2021-FL7 Ltd                                | ABS               | CUSIP: 55284AAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $4920764.50   | 0.40%             | 2036-10-16      | Variable      | 7.26%                 | Yes           |                  2 | On Loan: No      |
| MF1 2024-FL15                                   | ABS               | CUSIP: 58003MAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1500831.15   | 0.12%             | 2041-08-18      | Variable      | 6.84%                 | Yes           |                  2 | On Loan: No      |
| MF1 2024-FL15                                   | ABS               | CUSIP: 58003MAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3005266.50   | 0.24%             | 2041-08-18      | Variable      | 7.29%                 | Yes           |                  2 | On Loan: No      |
| MF1 2025-FL19 LLC                               | ABS               | CUSIP: 55287KAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5437000 | PA      | $5453374.61   | 0.44%             | 2042-05-18      | Variable      | 6.69%                 | Yes           |                  2 | On Loan: No      |
| MF1 2025-FL19 LLC                               | ABS               | CUSIP: 55287KAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $8015796.00   | 0.65%             | 2042-05-18      | Variable      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust     | ABS               | CUSIP: 55282XAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5925000 | PA      | $5866248.29   | 0.48%             | 2036-07-15      | Variable      | 7.46%                 | Yes           |                  2 | On Loan: No      |
| NYCT Trust 2024-3ELV                            | ABS               | CUSIP: 62956HAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4967218.50   | 0.40%             | 2029-08-15      | Variable      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| PGA Trust 2024-RSR2                             | ABS               | CUSIP: 69381CAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  18410000 | PA      | $18421014.70  | 1.50%             | 2039-06-15      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| SG Commercial Mortgage Securities Trust 2016-C5 | ABS               | CUSIP: 78419CAL8<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2284425.00   | 0.19%             | 2048-10-10      | Variable      | 4.81%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust 2025-DATA        | ABS               | CUSIP: 78489CAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1990297.20   | 0.16%             | 2042-02-15      | Variable      | 7.68%                 | Yes           |                  2 | On Loan: No      |
| AB BSL CLO 5 Ltd                                | ABS               | CUSIP: 00038GAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   4000000 | PA      | $4029166.80   | 0.33%             | 2038-01-20      | Variable      | 8.38%                 | Yes           |                  2 | On Loan: No      |
| AGL CLO 35 Ltd                                  | ABS               | CUSIP: 00852KAD6<br>LEI: 254900LDCU83O7QV9777 | Long             | ABS-MBS          | CORP              | KY        |   3305000 | PA      | $3326032.36   | 0.27%             | 2038-01-21      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| AGL CLO 7 Ltd                                   | ABS               | CUSIP: 008511AN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2205000 | PA      | $2210794.96   | 0.18%             | 2034-07-15      | Variable      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Allegro Clo XIX Ltd                             | ABS               | CUSIP: 01749XAE1<br>LEI: 2138002Z16N4VA88AX41 | Long             | ABS-MBS          | CORP              | JE        |   3000000 | PA      | $3017564.40   | 0.25%             | 2038-04-17      | Variable      | 6.27%                 | Yes           |                  2 | On Loan: No      |
| Allegro CLO XV Ltd                              | ABS               | CUSIP: 01749WAW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   4000000 | PA      | $3929546.40   | 0.32%             | 2038-04-20      | Variable      | 8.33%                 | Yes           |                  2 | On Loan: No      |
| Allegro CLO XV Ltd                              | ABS               | CUSIP: 01749WAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   2000000 | PA      | $2020621.60   | 0.16%             | 2038-04-20      | Variable      | 6.83%                 | Yes           |                  2 | On Loan: No      |
| AMMC CLO 26 Ltd                                 | ABS               | CUSIP: 00177RAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1500000 | PA      | $1508151.90   | 0.12%             | 2036-04-15      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| AMMC CLO 26 Ltd                                 | ABS               | CUSIP: 00177RAQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1005032.30   | 0.08%             | 2036-04-15      | Variable      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| Apex Credit CLO 12 Ltd                          | ABS               | CUSIP: 03753GAG2<br>LEI: 213800NFRK9CK455KQ32 | Long             | ABS-MBS          | CORP              | KY        |   3795000 | PA      | $3823834.03   | 0.31%             | 2038-04-20      | Variable      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| Apex Credit CLO 12 Ltd                          | ABS               | CUSIP: 03753GAL1<br>LEI: 213800NFRK9CK455KQ32 | Long             | ABS-MBS          | CORP              | KY        |  10000000 | PA      | $10046235.00  | 0.82%             | 2038-04-20      | Variable      | 8.53%                 | Yes           |                  2 | On Loan: No      |
| APIDOS CLO XLI Ltd                              | ABS               | CUSIP: 03770CAU9<br>LEI: 213800RGMG7DPJTR8V62 | Long             | ABS-MBS          | CORP              | JE        |   6000000 | PA      | $6038202.00   | 0.49%             | 2037-10-20      | Variable      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Apidos CLO XXII                                 | ABS               | CUSIP: 03765XAL0<br>LEI: 5493003SQW0Q40KVFQ19 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1005857.20   | 0.08%             | 2031-04-20      | Variable      | 6.54%                 | Yes           |                  2 | On Loan: No      |
| Ares LXII CLO Ltd                               | ABS               | CUSIP: 00192WAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2002242.20   | 0.16%             | 2034-01-25      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| Ares LXX CLO Ltd                                | ABS               | CUSIP: 039951AE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   3700000 | PA      | $3719442.02   | 0.30%             | 2035-10-25      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Ares LXX CLO Ltd                                | ABS               | CUSIP: 039951AG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   6000000 | PA      | $6031190.40   | 0.49%             | 2035-10-25      | Variable      | 7.22%                 | Yes           |                  2 | On Loan: No      |
| Athena CLO III LLC                              | ABS               | CUSIP: 04684AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4000000 | PA      | $4038609.60   | 0.33%             | 2036-04-20      | Variable      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| Athena CLO III LLC                              | ABS               | CUSIP: 04684AAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   6000000 | PA      | $6071404.80   | 0.49%             | 2036-04-20      | Variable      | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Atlantic Avenue 2023-1 Ltd                      | ABS               | CUSIP: 04822FAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   6000000 | PA      | $6044483.40   | 0.49%             | 2036-10-20      | Variable      | 7.98%                 | Yes           |                  2 | On Loan: No      |
| Atlantic Avenue 2024-2 Ltd                      | ABS               | CUSIP: 04822BAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   6000000 | PA      | $6068122.80   | 0.49%             | 2037-04-20      | Variable      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| Atlas Senior Loan Fund XXI Ltd                  | ABS               | CUSIP: 04940QAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   2250000 | PA      | $2273017.73   | 0.19%             | 2035-07-20      | Variable      | 8.53%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO 2022-3 Ltd              | ABS               | CUSIP: 05684NAS0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   1750000 | PA      | $1754290.83   | 0.14%             | 2035-07-17      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO 2023-4 Ltd              | ABS               | CUSIP: 05685EAE0<br>LEI: 254900ZFJ59QPVWB0563 | Long             | ABS-MBS          | CORP              | JE        |   2000000 | PA      | $2010373.40   | 0.16%             | 2036-10-21      | Variable      | 6.83%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO 2023-4 Ltd              | ABS               | CUSIP: 05685EAG5<br>LEI: 254900ZFJ59QPVWB0563 | Long             | ABS-MBS          | CORP              | JE        |   2000000 | PA      | $2010187.80   | 0.16%             | 2036-10-21      | Variable      | 7.23%                 | Yes           |                  2 | On Loan: No      |
| Ballyrock CLO 2020-2 Ltd                        | ABS               | CUSIP: 05875DAL6<br>LEI: 254900Y6C4AXEAZ9T124 | Long             | ABS-MBS          | CORP              | KY        |   1200000 | PA      | $1203278.76   | 0.10%             | 2031-10-20      | Variable      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| Ballyrock CLO 25 Ltd                            | ABS               | CUSIP: 05876QAW2<br>LEI: 2549000LY2B016K4LA62 | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3007302.60   | 0.25%             | 2038-01-25      | Variable      | 8.07%                 | Yes           |                  2 | On Loan: No      |
| Barings CLO Ltd 2019-II                         | ABS               | CUSIP: 06761HBC1<br>LEI: 549300JIWL5GWW2H2336 | Long             | ABS-MBS          | CORP              | KY        |   8000000 | PA      | $8045038.40   | 0.66%             | 2038-01-15      | Variable      | 8.57%                 | Yes           |                  2 | On Loan: No      |
| Barings Clo Ltd 2021-III                        | ABS               | CUSIP: 06762TAQ4<br>LEI: 549300V1VT2NXKFG0H98 | Long             | ABS-MBS          | CORP              | KY        |  10000000 | PA      | $10024544.00  | 0.82%             | 2035-01-18      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO 18 Ltd                            | ABS               | CUSIP: 07134QAU0<br>LEI: 549300WYAEH0STKIKE49 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $996863.10    | 0.08%             | 2036-10-15      | Variable      | 8.03%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO IX Ltd                            | ABS               | CUSIP: 07132EAQ8<br>LEI: 549300JMWGEYZEC6GK98 | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5000000.00   | 0.41%             | 2031-07-15      | Variable      | 7.83%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO X Ltd                             | ABS               | CUSIP: 07132JBG8<br>LEI: 549300RRK5G3IT4Y7N27 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1003411.90   | 0.08%             | 2035-01-25      | Variable      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Battalion Clo XIX Ltd                           | ABS               | CUSIP: 07133VAC0<br>LEI: 549300RYHI0ZPOOD3O84 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2003538.20   | 0.16%             | 2034-04-15      | Variable      | 6.18%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO XX Ltd                            | ABS               | CUSIP: 07134UBA4<br>LEI: 549300CDYR56PY734566 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $1940877.40   | 0.16%             | 2038-04-15      | Variable      | 8.47%                 | Yes           |                  2 | On Loan: No      |
| Beechwood Park CLO Ltd                          | ABS               | CUSIP: 07355TBA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1001775.70   | 0.08%             | 2035-01-17      | Variable      | 6.07%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO XIV Ltd             | ABS               | CUSIP: 08179LAQ4<br>LEI: 5493008E17UEFI73RC63 | Long             | ABS-MBS          | CORP              | KY        |   4050000 | PA      | $4077851.85   | 0.33%             | 2037-10-20      | Variable      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO VIII Ltd            | ABS               | CUSIP: 08180XAU6<br>LEI: 549300D98ZLKNSI8CN63 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2007370.80   | 0.16%             | 2031-01-20      | Variable      | 6.44%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO XXXII Ltd           | ABS               | CUSIP: 08181FAE0<br>LEI: 2549003NV71H6I4TDQ63 | Long             | ABS-MBS          | CORP              | JE        |   3000000 | PA      | $3015763.80   | 0.25%             | 2036-10-25      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd                 | ABS               | CUSIP: 08182DAW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3125000 | PA      | $3089380.00   | 0.25%             | 2038-04-20      | Variable      | 8.08%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 2 Ltd                           | ABS               | CUSIP: 09077LAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5037894.00   | 0.41%             | 2037-10-19      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 7 Ltd                           | ABS               | CUSIP: 09077RAE9<br>LEI: 254900FP4VB7V5ZG0W95 | Long             | ABS-MBS          | CORP              | JE        |   3000000 | PA      | $3019583.70   | 0.25%             | 2036-10-20      | Variable      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 7 Ltd                           | ABS               | CUSIP: 09077RAG4<br>LEI: 254900FP4VB7V5ZG0W95 | Long             | ABS-MBS          | CORP              | JE        |   5000000 | PA      | $5030759.00   | 0.41%             | 2036-10-20      | Variable      | 7.58%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove Clo 9 Ltd                           | ABS               | CUSIP: 09077WAG3<br>LEI: 254900VS6E4BD1HWHW18 | Long             | ABS-MBS          | CORP              | KY        |   2110000 | PA      | $2123653.39   | 0.17%             | 2037-10-22      | Variable      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Black Diamond CLO 2024-1 Ltd                    | ABS               | CUSIP: 09204UAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |  19000000 | PA      | $19160071.20  | 1.56%             | 2037-10-25      | Variable      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| BlackRock Baker CLO 2021-1 Ltd                  | ABS               | CUSIP: 91734KAG2<br>LEI: 549300VQVBWL9YJZSB29 | Long             | ABS-MBS          | CORP              | KY        |  10000000 | PA      | $10031922.00  | 0.82%             | 2034-01-15      | Variable      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| BlackRock Shasta CLO XIII LLC                   | ABS               | CUSIP: 09263EAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12500000 | PA      | $12566215.00  | 1.02%             | 2036-07-15      | Variable      | 7.37%                 | Yes           |                  2 | On Loan: No      |
| BlueMountain CLO 2016-3 Ltd                     | ABS               | CUSIP: 09628VAS3<br>LEI: 549300EYIDIF4X8MHI21 | Long             | ABS-MBS          | CORP              | KY        |   2400000 | PA      | $2415376.80   | 0.20%             | 2030-11-15      | Variable      | 6.79%                 | Yes           |                  2 | On Loan: No      |
| BlueMountain CLO XXII Ltd                       | ABS               | CUSIP: 09629PAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1007986.80   | 0.08%             | 2031-07-15      | Variable      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| BlueMountain CLO XXXI Ltd                       | ABS               | CUSIP: 09631BAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3005187.60   | 0.24%             | 2034-04-19      | Variable      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| Brightwood Capital MM CLO 2023-1 Ltd            | ABS               | CUSIP: 108928AN2<br>LEI: 254900KA4G802DSTDW29 | Long             | ABS-MBS          | CORP              | JE        |   2150000 | PA      | $2164467.35   | 0.18%             | 2035-10-15      | Variable      | 10.78%                | Yes           |                  2 | On Loan: No      |
| Brightwood Capital MM CLO 2019-1 Ltd            | ABS               | CUSIP: 109487AY4<br>LEI: 2549001FP00M2YWJYD98 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2000511.40   | 0.16%             | 2034-10-15      | Variable      | 9.11%                 | Yes           |                  2 | On Loan: No      |
| Brightwood Capital MM CLO 2024-2 Ltd            | ABS               | CUSIP: 10950BAJ3<br>LEI: 2549000G72BYQPXZVH78 | Long             | ABS-MBS          | CORP              | KY        |   8000000 | PA      | $8117957.60   | 0.66%             | 2036-04-15      | Variable      | 8.17%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding 2023-21 Ltd                 | ABS               | CUSIP: 117650AE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   6000000 | PA      | $6035461.80   | 0.49%             | 2036-10-18      | Variable      | 7.08%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding 2023-21 Ltd                 | ABS               | CUSIP: 117650AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2013218.40   | 0.16%             | 2036-10-18      | Variable      | 7.83%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding 2024-25 Ltd                 | ABS               | CUSIP: 117913AL7<br>LEI: 391200WG98O5N39H7C57 | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $4992684.50   | 0.41%             | 2038-01-18      | Variable      | 8.33%                 | Yes           |                  2 | On Loan: No      |
| Canyon Capital CLO 2023-1 Ltd                   | ABS               | CUSIP: 138927AC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   6000000 | PA      | $6033584.40   | 0.49%             | 2036-10-15      | Variable      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| Canyon Capital CLO 2023-1 Ltd                   | ABS               | CUSIP: 138927AG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   3000000 | PA      | $3015586.80   | 0.25%             | 2036-10-15      | Variable      | 7.32%                 | Yes           |                  2 | On Loan: No      |
| Canyon CLO 2025-1 Ltd                           | ABS               | CUSIP: 138919AL9<br>LEI: 2549003XZO020J9AAJ87 | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $4987613.00   | 0.41%             | 2038-04-15      | Variable      | 8.19%                 | Yes           |                  2 | On Loan: No      |
| Capital Four US CLO III Ltd                     | ABS               | CUSIP: 14016LAU0<br>LEI: 2138007OEEVG7UTPUH03 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2016432.80   | 0.16%             | 2038-04-21      | Variable      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| Capital Four US CLO III Ltd                     | ABS               | CUSIP: 14016LAY2<br>LEI: 2138007OEEVG7UTPUH03 | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5024479.00   | 0.41%             | 2038-04-21      | Variable      | 8.33%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies CLO 2013-3 Ltd | ABS               | CUSIP: 14310GAU4<br>LEI: 6354006XBJTNRUJOLM20 | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3014446.20   | 0.25%             | 2030-10-15      | Variable      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies CLO 2014-1 Ltd | ABS               | CUSIP: 14310MBC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1003585.00   | 0.08%             | 2031-04-17      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies CLO 2014-5 Ltd | ABS               | CUSIP: 14311AAY8<br>LEI: 549300ODZUR61VZRRZ07 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1005124.20   | 0.08%             | 2031-07-15      | Variable      | 6.83%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2021-7 LTD                       | ABS               | CUSIP: 14316WAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3750000 | PA      | $3660344.63   | 0.30%             | 2040-04-15      | Variable      | 8.32%                 | Yes           |                  2 | On Loan: No      |
| CARLYLE US CLO 2021-8 LTD                       | ABS               | CUSIP: 143120AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1004020.00   | 0.08%             | 2034-10-15      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2022-6 Ltd                       | ABS               | CUSIP: 14317GAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5026271.00   | 0.41%             | 2036-10-25      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2022-6 Ltd                       | ABS               | CUSIP: 14317GAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  13500000 | PA      | $13568214.15  | 1.11%             | 2036-10-25      | Variable      | 7.17%                 | Yes           |                  2 | On Loan: No      |
| CARLYLE US CLO 2023-2 LTD                       | ABS               | CUSIP: 14318GAU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4000000 | PA      | $3999817.60   | 0.33%             | 2038-07-20      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2023-5 Ltd                       | ABS               | CUSIP: 14318QAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5030087.50   | 0.41%             | 2036-01-27      | Variable      | 6.96%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2023-5 Ltd                       | ABS               | CUSIP: 14318QAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  10000000 | PA      | $10074965.00  | 0.82%             | 2036-01-27      | Variable      | 7.31%                 | Yes           |                  2 | On Loan: No      |
| CarVal CLO IX-C Ltd                             | ABS               | CUSIP: 14688HAG7<br>LEI: 2549009HBUYMF23IOB57 | Long             | ABS-MBS          | CORP              | JE        |   3000000 | PA      | $3019312.80   | 0.25%             | 2037-04-20      | Variable      | 6.83%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding XII CLO Ltd                       | ABS               | CUSIP: 15033TBE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   7000000 | PA      | $7031218.60   | 0.57%             | 2038-01-25      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| CFIP CLO 2017-1 Ltd                             | ABS               | CUSIP: 12528JAS5<br>LEI: 635400N9HTJKJSK1AS88 | Long             | ABS-MBS          | CORP              | KY        |   6000000 | PA      | $6018540.00   | 0.49%             | 2034-10-18      | Variable      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| Churchill NCDLC CLO-III LLC                     | ABS               | CUSIP: 17151MAE2<br>LEI: 254900Y97QIUNONAL175 | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2017980.80   | 0.16%             | 2036-04-20      | Variable      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding 2014-II-R Ltd                      | ABS               | CUSIP: 12548RAR5<br>LEI: 549300O8WGQU5B6HEB94 | Long             | ABS-MBS          | CORP              | KY        |   4000000 | PA      | $4018025.60   | 0.33%             | 2037-10-24      | Variable      | 9.32%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding 2024-III Ltd                       | ABS               | CUSIP: 12575WAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2015155.00   | 0.16%             | 2037-07-21      | Variable      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding 2025-IV Ltd                        | ABS               | CUSIP: 12575MAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  10000000 | PA      | $10000000.00  | 0.82%             | 2038-10-24      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Columbia Cent CLO 32 Ltd                        | ABS               | CUSIP: 19737TAQ9<br>LEI: 549300NBGVSLUALOY827 | Long             | ABS-MBS          | CORP              | KY        |   2500000 | PA      | $2514799.00   | 0.20%             | 2034-07-24      | Variable      | 7.49%                 | Yes           |                  2 | On Loan: No      |
| Columbia Cent CLO 33 Ltd                        | ABS               | CUSIP: 19737PAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   7000000 | PA      | $7047005.70   | 0.57%             | 2037-04-20      | Variable      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| Cook Park CLO Ltd                               | ABS               | CUSIP: 21623PAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3017427.90   | 0.25%             | 2030-04-17      | Variable      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Crown City CLO IV                               | ABS               | CUSIP: 228233AS1<br>LEI: 549300AGQI0XSPNAK945 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2015324.40   | 0.16%             | 2037-04-20      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Diameter Capital CLO 5 Ltd                      | ABS               | CUSIP: 25255RAC3<br>LEI: 254900DQ6NEBLANVO137 | Long             | ABS-MBS          | CORP              | KY        |   8000000 | PA      | $8038953.60   | 0.66%             | 2036-10-15      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Dryden 107 CLO Ltd                              | ABS               | CUSIP: 26254FAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   8000000 | PA      | $8031156.00   | 0.65%             | 2035-08-15      | Variable      | 7.33%                 | Yes           |                  2 | On Loan: No      |
| Dryden 30 Senior Loan Fund                      | ABS               | CUSIP: 26249BAU5<br>LEI: 549300AS2O1RYPD2ED41 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1003272.60   | 0.08%             | 2028-11-15      | Variable      | 6.29%                 | Yes           |                  2 | On Loan: No      |
| Dryden 42 Senior Loan Fund                      | ABS               | CUSIP: 26244YBL9<br>LEI: 549300GTVIVSKVBYOB52 | Long             | ABS-MBS          | CORP              | KY        |   3500000 | PA      | $3514531.30   | 0.29%             | 2037-07-15      | Variable      | 8.82%                 | Yes           |                  2 | On Loan: No      |
| Dryden 42 Senior Loan Fund                      | ABS               | CUSIP: 26244YBN5<br>LEI: 549300GTVIVSKVBYOB52 | Long             | ABS-MBS          | CORP              | KY        |   2625000 | PA      | $2638872.08   | 0.22%             | 2037-07-15      | Variable      | 9.42%                 | Yes           |                  2 | On Loan: No      |
| Dryden 49 Senior Loan Fund                      | ABS               | CUSIP: 26244QAS2<br>LEI: 549300VCB8LYR1RGV869 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1004384.30   | 0.08%             | 2030-07-18      | Variable      | 6.64%                 | Yes           |                  2 | On Loan: No      |
| Dryden 60 CLO Ltd                               | ABS               | CUSIP: 26251NAD2<br>LEI: 549300KI3ILQQHC87U86 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1004302.90   | 0.08%             | 2031-07-15      | Variable      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Dryden 80 CLO Ltd                               | ABS               | CUSIP: 26245JAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2005735.80   | 0.16%             | 2033-01-17      | Variable      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| Dryden 93 CLO Ltd                               | ABS               | CUSIP: 26190TAY7<br>LEI: 5493009K6Z2DW3X76185 | Long             | ABS-MBS          | CORP              | KY        |   6600000 | PA      | $6406138.20   | 0.52%             | 2038-01-15      | Variable      | 8.42%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2017-8 Ltd                        | ABS               | CUSIP: 28622VAG5<br>LEI: 549300OBPZDY731NEI33 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1006346.90   | 0.08%             | 2030-10-25      | Variable      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2020-11 Ltd                       | ABS               | CUSIP: 28621YBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4100000 | PA      | $4118329.46   | 0.34%             | 2037-10-15      | Variable      | 9.32%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2023-17 Ltd                       | ABS               | CUSIP: 28624DAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  10750000 | PA      | $10821124.15  | 0.88%             | 2036-10-20      | Variable      | 7.83%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2025-18 Ltd                       | ABS               | CUSIP: 28623JAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  16000000 | PA      | $15961120.00  | 1.30%             | 2038-03-28      | Variable      | 7.24%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2025-18 Ltd                       | ABS               | CUSIP: 28623JAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   9000000 | PA      | $9039867.30   | 0.74%             | 2038-03-28      | Variable      | 8.29%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO 39 Ltd                              | ABS               | CUSIP: 289910AN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $4936148.50   | 0.40%             | 2038-04-17      | Variable      | 7.83%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO VII Ltd                             | ABS               | CUSIP: 29002QAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3750000 | PA      | $3775728.38   | 0.31%             | 2037-10-17      | Variable      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO XI Ltd                              | ABS               | CUSIP: 29002LAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2500000 | PA      | $2504193.50   | 0.20%             | 2038-01-20      | Variable      | 8.03%                 | Yes           |                  2 | On Loan: No      |
| Gallatin CLO XI 2024-1 Ltd                      | ABS               | CUSIP: 36362HAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |   1100000 | PA      | $1108329.42   | 0.09%             | 2037-10-20      | Variable      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Generate CLO 4 Ltd                              | ABS               | CUSIP: 37148BAL4<br>LEI: 549300HNXZUJB12SQJ60 | Long             | ABS-MBS          | CORP              | KY        |   8000000 | PA      | $8037994.40   | 0.66%             | 2037-07-20      | Variable      | 9.13%                 | Yes           |                  2 | On Loan: No      |
| Golub Capital Partners CLO 71 M                 | ABS               | CUSIP: 38179NAD6<br>LEI: 254900YII88OJ6IAHT32 | Long             | ABS-MBS          | CORP              | US        |   9000000 | PA      | $9065703.60   | 0.74%             | 2037-02-09      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Golub Capital Partners CLO 71 M                 | ABS               | CUSIP: 38179NAF1<br>LEI: 254900YII88OJ6IAHT32 | Long             | ABS-MBS          | CORP              | US        |  15000000 | PA      | $15127318.50  | 1.23%             | 2037-02-09      | Variable      | 7.55%                 | Yes           |                  2 | On Loan: No      |
| Greywolf CLO II Ltd                             | ABS               | CUSIP: 398079BA0<br>LEI: 549300DX0ZYWEZ6TY764 | Long             | ABS-MBS          | CORP              | KY        |   2450000 | PA      | $2454334.54   | 0.20%             | 2034-04-15      | Variable      | 6.18%                 | Yes           |                  2 | On Loan: No      |
| Halseypoint CLO II Ltd                          | ABS               | CUSIP: 40638TAU6<br>LEI: 549300PIQILNPH8UJT31 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2006474.20   | 0.16%             | 2037-07-20      | Variable      | 9.33%                 | Yes           |                  2 | On Loan: No      |
| Hayfin US XV Ltd                                | ABS               | CUSIP: 420916AJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  10000000 | PA      | $10101156.00  | 0.82%             | 2037-04-28      | Variable      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| HPS Loan Management 2024-20 Ltd                 | ABS               | CUSIP: 40443WAE0<br>LEI: 213800WIAH3I2V9VZZ91 | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3019169.70   | 0.25%             | 2037-07-25      | Variable      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| HPS Loan Management 2023-18 Ltd                 | ABS               | CUSIP: 442911AN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   6000000 | PA      | $5995998.60   | 0.49%             | 2039-07-20      | Variable      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ICG US CLO 2017-1 Ltd                           | ABS               | CUSIP: 449259AN0<br>LEI: 254900T2ODAPJRGAZY53 | Long             | ABS-MBS          | CORP              | KY        |   4600000 | PA      | $4619870.62   | 0.38%             | 2034-07-28      | Variable      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| ICG US Clo 2020-1 Ltd                           | ABS               | CUSIP: 449251AS6<br>LEI: 254900UXTGDH0QOBDH07 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1003955.90   | 0.08%             | 2035-01-20      | Variable      | 8.19%                 | Yes           |                  2 | On Loan: No      |
| Invesco US CLO 2023-3 Ltd                       | ABS               | CUSIP: 46091RAQ6<br>LEI: 213800YAVR2FVYDIRM63 | Long             | ABS-MBS          | CORP              | JE        |  10000000 | PA      | $9999899.00   | 0.82%             | 2038-07-15      | Variable      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| Invesco US CLO 2023-4 Ltd                       | ABS               | CUSIP: 46091XAG5<br>LEI: 254900CLWY1AN9F4PD86 | Long             | ABS-MBS          | CORP              | JE        |  13500000 | PA      | $13619219.85  | 1.11%             | 2037-01-18      | Variable      | 7.33%                 | Yes           |                  2 | On Loan: No      |
| KKR CLO 22 Ltd                                  | ABS               | CUSIP: 48252WAC7<br>LEI: 549300GKHET0CQ690V42 | Long             | ABS-MBS          | CORP              | KY        |   2150000 | PA      | $2158717.18   | 0.18%             | 2031-07-20      | Variable      | 6.19%                 | Yes           |                  2 | On Loan: No      |
| KKR CLO 35 Ltd                                  | ABS               | CUSIP: 48254LAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  10420000 | PA      | $10439032.13  | 0.85%             | 2038-01-20      | Variable      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| KKR CLO 36 Ltd                                  | ABS               | CUSIP: 48255AAE8<br>LEI: 25490057CIZ1GI9ZCN22 | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5017834.50   | 0.41%             | 2034-10-15      | Variable      | 6.73%                 | Yes           |                  2 | On Loan: No      |
| LCM 26 Ltd                                      | ABS               | CUSIP: 50200FAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   6600000 | PA      | $6623704.56   | 0.54%             | 2031-01-20      | Variable      | 6.39%                 | Yes           |                  2 | On Loan: No      |
| LCM 30 Ltd                                      | ABS               | CUSIP: 50200YAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3500000 | PA      | $3510742.20   | 0.29%             | 2031-04-20      | Variable      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| LCM 40 Ltd                                      | ABS               | CUSIP: 50190KAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   3600000 | PA      | $3618993.60   | 0.30%             | 2038-01-15      | Variable      | 9.25%                 | Yes           |                  2 | On Loan: No      |
| LCM XIV LP                                      | ABS               | CUSIP: 50184VAT1<br>LEI: 549300NGJ6CPPJRPGL08 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2017001.60   | 0.16%             | 2031-07-20      | Variable      | 6.44%                 | Yes           |                  2 | On Loan: No      |
| LCM XVI LP                                      | ABS               | CUSIP: 50181GBJ8<br>LEI: 549300RB1XGNK3FHRH35 | Long             | ABS-MBS          | CORP              | KY        |   1250000 | PA      | $1255486.88   | 0.10%             | 2031-10-15      | Variable      | 6.73%                 | Yes           |                  2 | On Loan: No      |
| LCM XVII LP                                     | ABS               | CUSIP: 50190AAT9<br>LEI: 549300K6S4MWQOINB710 | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3012742.80   | 0.25%             | 2031-10-15      | Variable      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| LCM XVIII LP                                    | ABS               | CUSIP: 50188GAV5<br>LEI: 549300PYL1KC7BYM8G75 | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5018189.50   | 0.41%             | 2031-04-20      | Variable      | 6.44%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding XLII Ltd                   | ABS               | CUSIP: 04966HAG1<br>LEI: 549300YWZ8HFDYP0MR16 | Long             | ABS-MBS          | CORP              | KY        |   4000000 | PA      | $4014500.40   | 0.33%             | 2030-11-21      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding LXII Ltd                   | ABS               | CUSIP: 55817HBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  10000000 | PA      | $10000000.00  | 0.82%             | 2038-07-16      | Variable      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding XXXVI Ltd                  | ABS               | CUSIP: 55819PBK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  11000000 | PA      | $10887401.80  | 0.89%             | 2035-04-15      | Variable      | 8.02%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding LXIX Ltd                   | ABS               | CUSIP: 55822VAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2014289.20   | 0.16%             | 2037-07-25      | Variable      | 9.07%                 | Yes           |                  2 | On Loan: No      |
| Magnetite Xli Ltd                               | ABS               | CUSIP: 55956AAE5<br>LEI: 529900IDXPZZY6034K03 | Long             | ABS-MBS          | CORP              | KY        |   1500000 | PA      | $1524626.10   | 0.12%             | 2038-01-25      | Variable      | 8.17%                 | Yes           |                  2 | On Loan: No      |
| Magnetite XXXIV Ltd                             | ABS               | CUSIP: 55952MAW3<br>LEI: 5493007RY5PFZOE8RF76 | Long             | ABS-MBS          | CORP              | KY        |   1515000 | PA      | $1488378.72   | 0.12%             | 2038-01-15      | Variable      | 7.87%                 | Yes           |                  2 | On Loan: No      |
| Magnetite XXXVIII Ltd                           | ABS               | CUSIP: 55952EAC5<br>LEI: 529900R1XWW85WSHQ318 | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3019153.50   | 0.25%             | 2037-04-15      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Marble Point CLO XVIII Ltd                      | ABS               | CUSIP: 566076BG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   7500000 | PA      | $7525411.50   | 0.61%             | 2038-03-15      | Variable      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| Nassau 2018-II Ltd                              | ABS               | CUSIP: 63152PAE8<br>LEI: 549300TDGAMJFORBZE92 | Long             | ABS-MBS          | CORP              | KY        |  10400000 | PA      | $10509232.24  | 0.86%             | 2031-10-15      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Nassau 2019-I Ltd                               | ABS               | CUSIP: 63171NAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3500000 | PA      | $3528356.30   | 0.29%             | 2031-04-15      | Variable      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| Nassau 2019-II Ltd                              | ABS               | CUSIP: 63172WAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5024802.50   | 0.41%             | 2032-10-15      | Variable      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO XXI Ltd                    | ABS               | CUSIP: 64130DCC2<br>LEI: 549300VBBLOSKH8XQ869 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $995351.20    | 0.08%             | 2039-01-20      | Variable      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO XXII Ltd                   | ABS               | CUSIP: 64131BAY9<br>LEI: 549300FFV1EYI8ON7P41 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1006126.30   | 0.08%             | 2038-04-15      | Variable      | 9.07%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 26 Ltd       | ABS               | CUSIP: 64131QAW0<br>LEI: 549300P0MOXZPIM3AS61 | Long             | ABS-MBS          | CORP              | KY        |   2500000 | PA      | $2504502.00   | 0.20%             | 2038-10-18      | Variable      | 8.68%                 | Yes           |                  2 | On Loan: No      |
| Newark BSL CLO 2 Ltd                            | ABS               | CUSIP: 65023PAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2500000 | PA      | $2518597.00   | 0.21%             | 2030-07-25      | Variable      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| NGC 2024-I Ltd                                  | ABS               | CUSIP: 652927AL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |  24000000 | PA      | $24192472.80  | 1.97%             | 2037-07-20      | Variable      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| NGC 2024-I Ltd                                  | ABS               | CUSIP: 652927AN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   2000000 | PA      | $2010709.20   | 0.16%             | 2037-07-20      | Variable      | 8.53%                 | Yes           |                  2 | On Loan: No      |
| NGC CLO 2 LTD                                   | ABS               | CUSIP: 652942AJ2<br>LEI: 254900VQH7AI9RS70C59 | Long             | ABS-MBS          | CORP              | KY        |   1200000 | PA      | $1208210.52   | 0.10%             | 2038-04-20      | Variable      | 6.48%                 | Yes           |                  2 | On Loan: No      |
| Northwoods Capital 22 Ltd                       | ABS               | CUSIP: 66858HBE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  12000000 | PA      | $12118914.00  | 0.99%             | 2031-09-16      | Variable      | 7.17%                 | Yes           |                  2 | On Loan: No      |
| Northwoods Capital XI-B Ltd                     | ABS               | CUSIP: 66860JAU2<br>LEI: 5493005SOJ8F7B634862 | Long             | ABS-MBS          | CORP              | KY        |  12200000 | PA      | $12280454.12  | 1.00%             | 2037-07-19      | Variable      | 6.83%                 | Yes           |                  2 | On Loan: No      |
| Oaktree CLO 2019-2 Ltd                          | ABS               | CUSIP: 67401UBC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5589000 | PA      | $5631871.54   | 0.46%             | 2037-10-15      | Variable      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| Oaktree CLO 2023-2 Ltd                          | ABS               | CUSIP: 67401QAS5<br>LEI: 254900E6646RC82IR359 | Long             | ABS-MBS          | CORP              | KY        |   4000000 | PA      | $4009809.20   | 0.33%             | 2038-07-20      | Variable      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Oaktree CLO 2024-27 Ltd                         | ABS               | CUSIP: 67402UAL0<br>LEI: 2549005VHJ8BB9WPL105 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2009053.60   | 0.16%             | 2037-10-22      | Variable      | 8.53%                 | Yes           |                  2 | On Loan: No      |
| Obra CLO 1 Ltd                                  | ABS               | CUSIP: 67443AAL5<br>LEI: 254900IXPSGZDGZO2P84 | Long             | ABS-MBS          | CORP              | KY        |   1025000 | PA      | $1036398.31   | 0.08%             | 2038-01-20      | Fixed         | 8.26%                 | Yes           |                  2 | On Loan: No      |
| Ocean Trails CLO XV Ltd                         | ABS               | CUSIP: 67515BAE2<br>LEI: 5493000CJCL8E235WY49 | Long             | ABS-MBS          | CORP              | JE        |  15000000 | PA      | $15099037.50  | 1.23%             | 2037-01-15      | Variable      | 7.17%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2014-5 Ltd                              | ABS               | CUSIP: 67102SAQ7<br>LEI: 254900NXH68CRC058O44 | Long             | ABS-MBS          | CORP              | KY        |   4000000 | PA      | $4022000.00   | 0.33%             | 2031-04-26      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2019-16 Ltd                             | ABS               | CUSIP: 67570QAP6<br>LEI: 254900XAI48J82ID5O83 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1002722.70   | 0.08%             | 2033-04-10      | Variable      | 6.44%                 | Yes           |                  2 | On Loan: No      |
| Octagon 52 Ltd                                  | ABS               | CUSIP: 67577KAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2015187.80   | 0.16%             | 2037-07-23      | Variable      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners 46 Ltd              | ABS               | CUSIP: 67577VAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3011522.40   | 0.25%             | 2036-07-15      | Variable      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners 46 Ltd              | ABS               | CUSIP: 67577VAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5017014.00   | 0.41%             | 2036-07-15      | Variable      | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners XVII Ltd            | ABS               | CUSIP: 67590GBN8<br>LEI: 54930007Y57X4ONHQV20 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1005939.90   | 0.08%             | 2031-01-25      | Variable      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| OFSI BSL CLO XIII Ltd                           | ABS               | CUSIP: 67118VAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  18000000 | PA      | $18137120.40  | 1.48%             | 2037-04-20      | Variable      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| OFSI BSL IX Ltd                                 | ABS               | CUSIP: 67111BAJ9<br>LEI: 549300ISCSFRB3LRFG70 | Long             | ABS-MBS          | CORP              | KY        |   1200000 | PA      | $1204999.56   | 0.10%             | 2031-07-15      | Variable      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| OFSI BSL XII Ltd                                | ABS               | CUSIP: 67629HAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   6000000 | PA      | $5859776.40   | 0.48%             | 2038-01-20      | Variable      | 8.33%                 | Yes           |                  2 | On Loan: No      |
| OFSI BSL XIV CLO Ltd                            | ABS               | CUSIP: 67119GAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5625000 | PA      | $5658192.56   | 0.46%             | 2037-07-20      | Variable      | 9.48%                 | Yes           |                  2 | On Loan: No      |
| OHA Credit Funding 15-R Ltd                     | ABS               | CUSIP: 67121NAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3007249.20   | 0.25%             | 2038-07-20      | Variable      | 5.96%                 | Yes           |                  2 | On Loan: No      |
| OHA Credit Partners VII Ltd                     | ABS               | CUSIP: 67102QBV9<br>LEI: 549300LXLBAFTIMXZT54 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $1991098.20   | 0.16%             | 2038-02-20      | Variable      | 7.82%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square CLO 2021-1 Ltd                    | ABS               | CUSIP: 69701WAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4750000 | PA      | $4633923.78   | 0.38%             | 2038-04-20      | Variable      | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Park Blue CLO 2022-1 Ltd                        | ABS               | CUSIP: 70016WAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1007155.20   | 0.08%             | 2037-10-20      | Variable      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| PPM CLO 3 Ltd                                   | ABS               | CUSIP: 69355EAQ8<br>LEI: 549300UEAJV6RALDS969 | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3015279.90   | 0.25%             | 2034-04-17      | Variable      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| PPM CLO 3 Ltd                                   | ABS               | CUSIP: 69355EAS4<br>LEI: 549300UEAJV6RALDS969 | Long             | ABS-MBS          | CORP              | KY        |   1500000 | PA      | $1480384.95   | 0.12%             | 2034-04-17      | Variable      | 7.68%                 | Yes           |                  2 | On Loan: No      |
| Rad CLO 10 Ltd                                  | ABS               | CUSIP: 48662LAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2500000 | PA      | $2511949.75   | 0.20%             | 2034-04-23      | Variable      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Rad CLO 16 Ltd                                  | ABS               | CUSIP: 75009LAS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5036892.50   | 0.41%             | 2037-07-15      | Variable      | 6.77%                 | Yes           |                  2 | On Loan: No      |
| Rad Clo 25 Ltd                                  | ABS               | CUSIP: 75009GAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |   2000000 | PA      | $2014875.80   | 0.16%             | 2037-07-20      | Variable      | 6.73%                 | Yes           |                  2 | On Loan: No      |
| Sculptor CLO XXVI Ltd                           | ABS               | CUSIP: 81124TAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4000000 | PA      | $4023673.20   | 0.33%             | 2038-01-20      | Variable      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| Signal Peak CLO 5 Ltd                           | ABS               | CUSIP: 82666VAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1007084.40   | 0.08%             | 2037-04-25      | Variable      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| SOUND POINT CLO VII-R Ltd                       | ABS               | CUSIP: 83610HAJ9<br>LEI: 549300IYECLSB6ZQZB89 | Long             | ABS-MBS          | CORP              | KY        |   7300000 | PA      | $6998507.81   | 0.57%             | 2031-10-23      | Variable      | 7.98%                 | Yes           |                  2 | On Loan: No      |
| Sounds Point CLO IV-R LTD                       | ABS               | CUSIP: 83609YAJ5<br>LEI: 549300HOEGQTNS4MTZ12 | Long             | ABS-MBS          | CORP              | KY        |   4050000 | PA      | $3881555.24   | 0.32%             | 2031-04-18      | Variable      | 7.84%                 | Yes           |                  2 | On Loan: No      |
| Steele Creek Clo 2018-1 Ltd                     | ABS               | CUSIP: 85815CAG4<br>LEI: 5493003MADGN3MR3LO39 | Long             | ABS-MBS          | CORP              | KY        |   6500000 | PA      | $6506093.75   | 0.53%             | 2031-04-15      | Variable      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| Steele Creek CLO 2016-1 Ltd                     | ABS               | CUSIP: 858102BA3<br>LEI: 5493003PZ3HX9NW9PS65 | Long             | ABS-MBS          | CORP              | KY        |   6250000 | PA      | $6233498.75   | 0.51%             | 2031-06-15      | Variable      | 7.48%                 | Yes           |                  2 | On Loan: No      |
| Sycamore Tree CLO 2024-5 Ltd                    | ABS               | CUSIP: 87122YAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5021862.00   | 0.41%             | 2036-04-20      | Variable      | 7.08%                 | Yes           |                  2 | On Loan: No      |
| Symphony CLO XV Ltd                             | ABS               | CUSIP: 87154EBL3<br>LEI: 549300JNP1PJXORD0Y06 | Long             | ABS-MBS          | CORP              | KY        |   6000000 | PA      | $6024549.60   | 0.49%             | 2032-01-17      | Variable      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| TCI-Symphony CLO 2017-1 Ltd                     | ABS               | CUSIP: 87232BAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1020000 | PA      | $1024084.49   | 0.08%             | 2030-07-15      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| TCW CLO 2019-2 Ltd                              | ABS               | CUSIP: 87242BBN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5019734.00   | 0.41%             | 2038-01-20      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| TCW CLO 2021-1 Ltd                              | ABS               | CUSIP: 87190KBA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   8000000 | PA      | $7691417.60   | 0.63%             | 2038-01-20      | Variable      | 8.33%                 | Yes           |                  2 | On Loan: No      |
| THL Credit Wind River 2017-3 Clo Ltd            | ABS               | CUSIP: 97316LAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4200000 | PA      | $4200000.00   | 0.34%             | 2035-04-15      | Variable      | 7.08%                 | Yes           |                  2 | On Loan: No      |
| TICP CLO VII Ltd                                | ABS               | CUSIP: 87248TAS4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    500000 | PA      | $501480.05    | 0.04%             | 2033-04-15      | Variable      | 7.78%                 | Yes           |                  2 | On Loan: No      |
| Trinitas Clo IX Ltd                             | ABS               | CUSIP: 89641JAU0<br>LEI: 549300QFERVNPGSISO16 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2013875.60   | 0.16%             | 2032-01-20      | Variable      | 6.84%                 | Yes           |                  2 | On Loan: No      |
| Trinitas Clo VII Ltd                            | ABS               | CUSIP: 89641CAQ4<br>LEI: 549300F3XEPDOX3FOP69 | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $2980301.10   | 0.24%             | 2035-01-25      | Variable      | 8.08%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO X Ltd                              | ABS               | CUSIP: 89640AAS5<br>LEI: 549300W90X4BIMRJ8H82 | Long             | ABS-MBS          | CORP              | KY        |   2000000 | PA      | $2007207.20   | 0.16%             | 2035-01-15      | Variable      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO XV Ltd                             | ABS               | CUSIP: 89641XAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2500000 | PA      | $2509961.50   | 0.20%             | 2034-04-22      | Variable      | 6.94%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO XXII Ltd                           | ABS               | CUSIP: 89640HAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |   6500000 | PA      | $6500000.00   | 0.53%             | 2036-07-20      | Variable      | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Trysail CLO 2021-1 Ltd                          | ABS               | CUSIP: 89855AAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2500000 | PA      | $2510129.75   | 0.20%             | 2032-07-20      | Variable      | 6.99%                 | Yes           |                  2 | On Loan: No      |
| VCC CLO 1 LLC                                   | ABS               | CUSIP: 91825AAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $8090655.20   | 0.66%             | 2036-10-20      | Variable      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| Vibrant Clo XR Ltd                              | ABS               | CUSIP: 92563MAG2<br>LEI: 254900WDQ070GAG88491 | Long             | ABS-MBS          | CORP              | JE        |   1200000 | PA      | $1209589.08   | 0.10%             | 2036-04-20      | Variable      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| Voya 2012-4 Ltd                                 | ABS               | CUSIP: 92916GBG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1300000 | PA      | $1307985.64   | 0.11%             | 2030-10-15      | Variable      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2014-4 Ltd                             | ABS               | CUSIP: 92914RBE1<br>LEI: 549300JHU3YI1LLL3V27 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1002717.20   | 0.08%             | 2031-07-14      | Variable      | 7.93%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2015-3 Ltd                             | ABS               | CUSIP: 92913UAU0<br>LEI: 254900MS3D9HONB0N824 | Long             | ABS-MBS          | CORP              | KY        |   1250000 | PA      | $1256368.38   | 0.10%             | 2031-10-20      | Variable      | 6.79%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2024-1 Ltd                             | ABS               | CUSIP: 92920DAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1590000 | PA      | $1604170.08   | 0.13%             | 2037-04-15      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Warwick Capital CLO 2 Ltd                       | ABS               | CUSIP: 936557AE7<br>LEI: 254900MNDJAT8Y3XZ919 | Long             | ABS-MBS          | CORP              | JE        |   4000000 | PA      | $4032992.80   | 0.33%             | 2037-01-15      | Variable      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| Warwick Capital CLO 2 Ltd                       | ABS               | CUSIP: 936557AG2<br>LEI: 254900MNDJAT8Y3XZ919 | Long             | ABS-MBS          | CORP              | JE        |   3500000 | PA      | $3532802.70   | 0.29%             | 2037-01-15      | Variable      | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Warwick Capital CLO 3 Ltd                       | ABS               | CUSIP: 93655PAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   5500000 | PA      | $5541622.90   | 0.45%             | 2037-04-20      | Variable      | 7.08%                 | Yes           |                  2 | On Loan: No      |
| Warwick Capital CLO 1 Ltd                       | ABS               | CUSIP: 936919AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | JE        |   1500000 | PA      | $1511120.85   | 0.12%             | 2036-10-20      | Variable      | 7.98%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO 2021-2 Ltd                        | ABS               | CUSIP: 95023AAE0<br>LEI: 2549005MTORTL04RYQ32 | Long             | ABS-MBS          | CORP              | KY        |   5500000 | PA      | $5521359.25   | 0.45%             | 2034-07-15      | Variable      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO 2021-2 Ltd                        | ABS               | CUSIP: 95023AAG5<br>LEI: 2549005MTORTL04RYQ32 | Long             | ABS-MBS          | CORP              | KY        |   1000000 | PA      | $1000801.00   | 0.08%             | 2034-07-15      | Variable      | 8.18%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO 2022-1 Ltd                        | ABS               | CUSIP: 94950TBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4950000 | PA      | $4967677.44   | 0.40%             | 2037-07-15      | Variable      | 8.92%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO X LTD                             | ABS               | CUSIP: 94949WAX4<br>LEI: 254900A99ZMAJM1OOV76 | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $5013769.00   | 0.41%             | 2032-07-20      | Variable      | 7.63%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2021-2 CLO Ltd                       | ABS               | CUSIP: 97315VAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3000000 | PA      | $3008951.70   | 0.25%             | 2034-07-20      | Variable      | 6.54%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2021-3 CLO Ltd                       | ABS               | CUSIP: 97316DBA3<br>LEI: 254900AGKLJSTAXGRN27 | Long             | ABS-MBS          | CORP              | KY        |   9400000 | PA      | $9265986.08   | 0.76%             | 2038-04-20      | Variable      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2021-4 CLO Ltd                       | ABS               | CUSIP: 97316UAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   7500000 | PA      | $7331250.00   | 0.60%             | 2035-01-20      | Variable      | 7.79%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2024-1 CLO Ltd                       | ABS               | CUSIP: 97317AAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   7000000 | PA      | $7051641.10   | 0.57%             | 2037-04-20      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Boxabl, Inc.                                    | BXABL3052         | CUSIP: BXABL3052<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   6504248 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Petroleos Mexicanos                             | CORPORATE BONDS   | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  10000000 | PA      | $9587500.00   | 0.78%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                             | CORPORATE BONDS   | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  25000000 | PA      | $21312500.00  | 1.74%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                             | CORPORATE BONDS   | CUSIP: 71654QDP4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  10000000 | PA      | $11195560.00  | 0.91%             | 2033-02-07      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| First American Government Obligations Fund      | MONEY MARKET FUND | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  91244403 | NS      | $91244403.02  | 7.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Leader Short Term High Yield Bond Fund          | MUTUAL FUND       | CUSIP: 52169B103<br>LEI: 54930055U85E86N3X724 | Long             | EC               | RF                | US        |   3617067 | NS      | $29406757.96  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** Leader Funds Trust

**Signature:** Larry Beaver

**Name of Signer:** Larry Beaver

**Title:** Treasurer