# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001145549-25-054230
**Filing Date:** 2025-8
**Character Count:** 193447
**Document Hash:** a7c5e7cf5c832f90d010e7989a5084c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-054230.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001145549-25-054230

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust
- **CENTRAL INDEX KEY:** 0001318342

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21719
- **FILM NUMBER:** 251261027

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 626-914-4141

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Trust
- **DATE OF NAME CHANGE:** 20050603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Equity Trust
- **DATE OF NAME CHANGE:** 20050218

## Series and Classes Contracts Data

### AAM/Insight Select Income Fund (Series ID: S000040061)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000124376 | Class A      | CPUAX           |
| C000124377 | Class C      | CPUCX           |
| C000124378 | Class I      | CPUIX           |
| C000195054 | Class Y      | CPUYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** INVESTMENT MANAGERS SERIES TRUST

- **b. Investment Company Act file number:** 811-21719

- **c. CIK number of Registrant:** 0001318342

- **d. LEI of Registrant:** 549300ESWU4ZNAH5Y054

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

  - **Street Address 1:** 235 WEST GALENA STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 532123948

  - **Telephone number:** 4142992000

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

- **a. Name of Series:** AAM Insight Select Income Fund

- **b. EDGAR series identifier (if any):** S000040061

- **c. LEI of Series:** 549300D7VAVYUVZLS632

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $212272791.23

**Total Liabilities:** $5124016.52

**Net Assets:** $207148774.71

**Delayed Delivery Securities:** $1555167.00

**Cash Not Reported:** $668504.47

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1.485963865494 | **1-Year:** 1767.852911183313 | **5-Year:** 12635.196200381898 | **10-Year:** 33722.400630983739 | **30-Year:** 43425.858305118556

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

- **3-Month:** 19.368661881419 | **1-Year:** 760.260306143161 | **5-Year:** 3625.332991323509 | **10-Year:** 3870.826212505990 | **30-Year:** 2452.946013059923

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000124376 | -0.18%               | -0.09%               | 2.21%                |
| Class ID C000124377 | -0.24%               | -0.16%               | 2.20%                |
| Class ID C000124378 | -0.16%               | -0.07%               | 2.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-140046.16              | $-1011711.68                               |
| Month 2  | $-262847.22              | $122858.63                                 |
| Month 3  | $-55382.19               | $3464461.88                                |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Credit Index

- **Index Identifier:** LUCR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UNITED PARCEL SERVICE                   | United Parcel Service, Inc.                                                       | CUSIP: 911312CL8<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    277000 | PA      | $283874.03    | 0.14%             | 2065-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| US BANCORP                              | U.S. Bancorp                                                                      | CUSIP: 91159HJN1<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     94000 | PA      | $98755.65     | 0.05%             | 2034-06-12      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| US BANCORP                              | U.S. Bancorp                                                                      | CUSIP: 91159HJR2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    265000 | PA      | $275189.25    | 0.13%             | 2035-01-23      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                         | United States Treasury Bond                                                       | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1288000 | PA      | $1282565.93   | 0.62%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                         | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    669000 | PA      | $605632.99    | 0.29%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                         | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $155976.90    | 0.08%             | 2055-03-10      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                 | Romanian Government International Bond                                            | CUSIP: 77586RAV2<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    730000 | PA      | $674096.60    | 0.33%             | 2035-03-24      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                           | Citigroup, Inc.                                                                   | CUSIP: 172967PL9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    779000 | PA      | $795909.75    | 0.38%             | 2035-06-11      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                 | Global Partners LP / GLP Finance Corp.                                            | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    518000 | PA      | $544636.08    | 0.26%             | 2032-01-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                 | Global Partners LP / GLP Finance Corp.                                            | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $172548.64    | 0.08%             | 2033-07-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                    | Royal Bank of Canada                                                              | CUSIP: 780082AR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    900000 | PA      | $929902.50    | 0.45%             | 2084-05-02      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                      | Royalty Pharma PLC                                                                | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    829000 | PA      | $734626.64    | 0.35%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                      | Royalty Pharma PLC                                                                | CUSIP: 78081BAN3<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    320000 | PA      | $274314.88    | 0.13%             | 2031-09-02      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                        | Ryder System, Inc.                                                                | CUSIP: 78355HKY4<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    367000 | PA      | $403449.34    | 0.19%             | 2033-12-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GB29<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1787000 | PA      | $1816138.82   | 0.88%             | 2030-07-23      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                         | SBA Tower Trust                                                                   | CUSIP: 78403DAX8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    462000 | PA      | $402841.82    | 0.19%             | 2031-10-15      | Fixed         | 2.59%                 | Yes           |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                         | Slam 2021-1 Ltd.                                                                  | CUSIP: 78449AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    984000 | PA      | $931591.18    | 0.45%             | 2046-06-15      | Fixed         | 2.43%                 | Yes           |                  2 | On Loan: No      |
| SLAM LLC                                | SLAM 2025-1 Ltd.                                                                  | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $258462.00    | 0.12%             | 2050-05-15      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| US TREASURY N/B                         | United States Treasury Note                                                       | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $722421.70    | 0.35%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                         | United States Treasury Note                                                       | CUSIP: 91282CNE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3900000 | PA      | $3908837.40   | 1.89%             | 2027-05-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                  | UnitedHealth Group, Inc.                                                          | CUSIP: 91324PEE8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    397000 | PA      | $292158.26    | 0.14%             | 2041-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                  | UnitedHealth Group, Inc.                                                          | CUSIP: 91324PFR8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    253000 | PA      | $257437.37    | 0.12%             | 2055-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| UNIV OF MICHIGAN MI                     | University of Michigan                                                            | CUSIP: 914455VJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    294000 | PA      | $242841.94    | 0.12%             | 2047-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                   | Vale Overseas Ltd.                                                                | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    146000 | PA      | $143433.32    | 0.07%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                  | Verizon Communications, Inc.                                                      | CUSIP: 92343VEU4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    615000 | PA      | $606649.53    | 0.29%             | 2029-12-03      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                  | Verizon Communications, Inc.                                                      | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    664000 | PA      | $475512.31    | 0.23%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                | TK Elevator U.S. Newco, Inc.                                                      | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |    400000 | PA      | $399613.20    | 0.19%             | 2027-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                        | Paramount Global                                                                  | CUSIP: 925524AX8<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     83000 | PA      | $85027.52     | 0.04%             | 2036-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                        | Paramount Global                                                                  | CUSIP: 92553PAU6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    640000 | PA      | $557831.04    | 0.27%             | 2043-09-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                         | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    175000 | PA      | $174150.73    | 0.08%             | 2056-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2018-1 B PTT                 | United Airlines 2018-1 Class B Pass-Through Trust                                 | CUSIP: 90932NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    137637 | PA      | $135927.63    | 0.07%             | 2027-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                   | Mexico Government International Bond                                              | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1494000 | PA      | $1556643.42   | 0.75%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                   | Mexico Government International Bond                                              | CUSIP: 91087BBF6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    360000 | PA      | $365400.00    | 0.18%             | 2038-01-29      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                   | United Parcel Service, Inc.                                                       | CUSIP: 911312CK0<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    390000 | PA      | $400798.32    | 0.19%             | 2055-05-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                   | Wells Fargo & Co.                                                                 | CUSIP: 95000U3J0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    366000 | PA      | $374789.86    | 0.18%             | 2030-01-23      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                   | Wells Fargo & Co.                                                                 | CUSIP: 95000U3K7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1230817.20   | 0.59%             | 2035-01-23      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                    | Westpac Banking Corp.                                                             | CUSIP: 961214EP4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   1010000 | PA      | $890747.28    | 0.43%             | 2035-11-15      | Variable      | 2.67%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                  | Williams Cos., Inc.                                                               | CUSIP: 96950FAP9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    800000 | PA      | $703546.40    | 0.34%             | 2045-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Willis Engine Securitization T          | Willis Engine Structured Trust IV                                                 | CUSIP: 97064EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    448467 | PA      | $445385.29    | 0.22%             | 2043-09-15      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Willis Engine Securitization T          | Willis Engine Structured Trust VI                                                 | CUSIP: 97064GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    548058 | PA      | $509369.20    | 0.25%             | 2046-05-15      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| WYNN MACAU LTD                          | Wynn Macau Ltd.                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $393235.60    | 0.19%             | 2028-08-26      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| XCEL ENERGY INC                         | Xcel Energy, Inc.                                                                 | CUSIP: 98389BBE9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    157000 | PA      | $160325.42    | 0.08%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Zayo Issuer LLC                         | Zayo Issuer LLC                                                                   | CUSIP: 98919WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    704980 | PA      | $725767.75    | 0.35%             | 2055-06-20      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                  | Zimmer Biomet Holdings, Inc.                                                      | CUSIP: 98956PAX0<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |    204000 | PA      | $210298.50    | 0.10%             | 2028-12-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL 7.00% 01/31/2036   /     | VENTURE GLOBAL 7.00% 01/31/2036   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    561000 | PA      | $561000.00    | 0.27%             | 2036-01-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                | Celanese U.S. Holdings LLC                                                        | CUSIP: BX7555788<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    505000 | PA      | $625844.26    | 0.30%             | 2029-01-19      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| EURO FORWARD CONTRACT 07/11/2025   /    | EURO FORWARD CONTRACT 07/11/2025   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1232000 | OU      | $-1452431.68  | -0.70%            |  |  |  | No            |                  2 | On Loan: No      |
| EURO CURRENCY  /                        | EURO CURRENCY  /                                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | XX        |     18149 | OU      | $21379.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financial Square          | Goldman Sachs Financial Square Government Fund - Class Institutional              | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |   4895991 | PA      | $4895990.82   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| 5YR T-NOTE FUTURE SEPT 2025   /         | 5YR T-NOTE FUTURE SEPT 2025   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       144 | NC      | $205713.65    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GREAT BRITAIN POUND  /                  | GREAT BRITAIN POUND  /                                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | GB        |       532 | OU      | $730.38       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO BOBL FUTURE SEP 2025   /           | EURO BOBL FUTURE SEP 2025   /                                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -4 | NC      | $1833.01      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PERUVIAN NEW SOL  /                     | PERUVIAN NEW SOL  /                                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | PE        |         8 | OU      | $2.28         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BRASKEM NETHERLANDS                     | Braskem Netherlands Finance B.V.                                                  | CUSIP: 10554TAJ4<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    460000 | PA      | $368414.00    | 0.18%             | 2034-10-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                  | Brazilian Government International Bond                                           | CUSIP: 105756CM0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    458000 | PA      | $458778.60    | 0.22%             | 2030-11-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                 | Bristol-Myers Squibb Co.                                                          | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    864000 | PA      | $843813.50    | 0.41%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 20-1 A PTT                  | British Airways 2020-1 Class A Pass-Through Trust                                 | CUSIP: 11044MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     84500 | PA      | $81004.80     | 0.04%             | 2032-11-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                   | Argentine Republic Government International Bond                                  | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    325000 | PA      | $200229.25    | 0.10%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 19-1AA PTT                 | American Airlines 2019-1 Class AA Pass-Through Trust                              | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    323548 | PA      | $297067.34    | 0.14%             | 2033-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                   | American Homes 4 Rent LP                                                          | CUSIP: 02666TAG2<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    747000 | PA      | $759585.46    | 0.37%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                               | Amgen, Inc.                                                                       | CUSIP: 031162DQ0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     61000 | PA      | $62831.04     | 0.03%             | 2030-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                               | Amgen, Inc.                                                                       | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    146000 | PA      | $142869.91    | 0.07%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                 | Bayer U.S. Finance II LLC                                                         | CUSIP: 07274NAN3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $886600.00    | 0.43%             | 2038-06-25      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| BENTELER INTERNATIONAL A                | Benteler International A.G.                                                       | CUSIP: 08263DAA4<br>LEI: 529900ZAFSOBVFCKF263 | Long             | DBT              | CORP              | AT        |    400000 | PA      | $420972.40    | 0.20%             | 2028-05-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| BIMBO BAKERIES USA INC                  | Bimbo Bakeries USA, Inc.                                                          | CUSIP: 09031WAA1<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |    352000 | PA      | $259075.17    | 0.13%             | 2051-05-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BIMBO BAKERIES USA INC                  | Bimbo Bakeries USA, Inc.                                                          | CUSIP: 09031WAD5<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |    376000 | PA      | $400995.73    | 0.19%             | 2034-01-15      | Fixed         | 6.40%                 | Yes           |                  2 | On Loan: No      |
| BLACK HILLS CORP                        | Black Hills Corp.                                                                 | CUSIP: 092113AW9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    700000 | PA      | $734624.10    | 0.35%             | 2034-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft              | Blackbird Capital II Aircraft Lease Ltd.                                          | CUSIP: 09229CAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    241884 | PA      | $226804.24    | 0.11%             | 2046-07-15      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| Blackrock CLO                           | BlackRock Shasta CLO XIII LLC                                                     | CUSIP: 09263EAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    665000 | PA      | $665894.43    | 0.32%             | 2036-07-15      | Floating      | 6.11%                 | Yes           |                  2 | On Loan: No      |
| BOEING CO                               | Boeing Co.                                                                        | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    556000 | PA      | $534401.07    | 0.26%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                           | Boeing Co.                                                                        | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    193000 | PA      | $211558.49    | 0.10%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                          | Bombardier, Inc.                                                                  | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    136000 | PA      | $140926.06    | 0.07%             | 2033-06-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                    | Boston Properties LP                                                              | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    603000 | PA      | $508824.67    | 0.25%             | 2032-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                     | Braskem Netherlands Finance B.V.                                                  | CUSIP: 10554TAE5<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    349000 | PA      | $219252.62    | 0.11%             | 2050-01-31      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| SYNOPSYS INC                            | Synopsys, Inc.                                                                    | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    194000 | PA      | $195903.92    | 0.09%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                            | Synopsys, Inc.                                                                    | CUSIP: 871607AG2<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    117000 | PA      | $116544.87    | 0.06%             | 2055-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TIF Funding II LLC                      | TIF Funding II LLC                                                                | CUSIP: 872480AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    373214 | PA      | $335237.38    | 0.16%             | 2046-02-20      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA INC                        | T-Mobile USA, Inc.                                                                | CUSIP: 87264ACZ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     48000 | PA      | $48803.42     | 0.02%             | 2028-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                   | Takeda Pharmaceutical Co., Ltd.                                                   | CUSIP: 874060AZ9<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    545000 | PA      | $357437.16    | 0.17%             | 2050-07-09      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                   | Takeda Pharmaceutical Co., Ltd.                                                   | CUSIP: 874060BK1<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    651000 | PA      | $661388.66    | 0.32%             | 2034-07-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                | Targa Resources Partners LP / Targa Resources Partners Finance Corp.              | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    809000 | PA      | $820909.29    | 0.40%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                    | Targa Resources Corp.                                                             | CUSIP: 87612GAP6<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    462000 | PA      | $465826.28    | 0.22%             | 2030-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                              | Terex Corp.                                                                       | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175352.63    | 0.08%             | 2032-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                  | Tesla Auto Lease Trust 2023-B                                                     | CUSIP: 88167QAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    132378 | PA      | $132796.85    | 0.06%             | 2026-09-21      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| TIF Funding III LLC                     | TIF Funding III LLC                                                               | CUSIP: 88655AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    301781 | PA      | $306049.95    | 0.15%             | 2049-04-20      | Fixed         | 5.48%                 | Yes           |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                   | Time Warner Cable LLC                                                             | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    489000 | PA      | $505247.03    | 0.24%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| EURO-BUND FUTURE SEP 2025   /           | EURO-BUND FUTURE SEP 2025   /                                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -8 | NC      | $7249.96      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| 2YR T-NOTE FUT SEP15 INDEX SEP 2025   / | 2YR T-NOTE FUT SEP15 INDEX SEP 2025   /                                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |        55 | NC      | $42910.65     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                 | Exxon Mobil Corp.                                                                 | CUSIP: U30276AD8<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $854185.42    | 0.41%             | 2039-06-26      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| U.S. LONG BOND FUTURE SEPT 2025   /     | U.S. LONG BOND FUTURE SEPT 2025   /                                               | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       122 | NC      | $616469.42    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTRA 10YR U.S. TREASU SEPT 2025   /    | ULTRA 10YR U.S. TREASU SEPT 2025   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -63 | NC      | $-185412.19   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| ULTRA LONG T-BOND FUTURE SEP 2025   /   | ULTRA LONG T-BOND FUTURE SEP 2025   /                                             | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |        14 | NC      | $82551.24     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                  | Arizona Public Service Co.                                                        | CUSIP: 040555CY8<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    789000 | PA      | $621362.75    | 0.30%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                 | Arthur J. Gallagher & Co.                                                         | CUSIP: 04316JAP4<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    287000 | PA      | $275671.54    | 0.13%             | 2055-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                 | Asbury Automotive Group, Inc.                                                     | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    425000 | PA      | $404341.60    | 0.20%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                     | Ashtead Capital, Inc.                                                             | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    422000 | PA      | $415556.06    | 0.20%             | 2028-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FARMERS INS EXCH                        | Farmers Insurance Exchange                                                        | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $857257.80    | 0.41%             | 2057-11-01      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FIRST INDUSTRIAL LP                     | First Industrial LP                                                               | CUSIP: 32055RAS6<br>LEI: 86MKNB3IKYZZT3E3OV11 | Long             | DBT              | CORP              | US        |    407000 | PA      | $411737.89    | 0.20%             | 2031-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer, LLC                  | Flexential Issuer 2021-1                                                          | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    545000 | PA      | $527363.80    | 0.25%             | 2051-11-27      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/F          | Ford Credit Auto Owner Trust 2024-REV1                                            | CUSIP: 34533BAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    194000 | PA      | $197462.90    | 0.10%             | 2036-08-15      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust            | Ford Credit Auto Owner Trust 2022-C                                               | CUSIP: 34535AAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    370000 | PA      | $371711.25    | 0.18%             | 2028-02-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    550000 | PA      | $570895.60    | 0.28%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    204000 | PA      | $205613.23    | 0.10%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities           | Fortress Credit Opportunities IX CLO Ltd.                                         | CUSIP: 34961JAY0<br>LEI: 2549008RD44HDM6DNP14 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1501496.40   | 0.72%             | 2033-10-15      | Floating      | 6.07%                 | Yes           |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                   | Foundry JV Holdco LLC                                                             | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $523025.00    | 0.25%             | 2039-01-25      | Fixed         | 6.30%                 | Yes           |                  2 | On Loan: No      |
| GENERAL MOTORS CO                       | General Motors Co.                                                                | CUSIP: 37045VBA7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1389975.76   | 0.67%             | 2030-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                  | General Motors Financial Co., Inc.                                                | CUSIP: 37045XCY0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    797000 | PA      | $745395.84    | 0.36%             | 2030-06-21      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                  | General Motors Financial Co., Inc.                                                | CUSIP: 37045XDE3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1213000 | PA      | $1050244.51   | 0.51%             | 2031-01-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                    | Glencore Funding LLC                                                              | CUSIP: 378272BV9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    220000 | PA      | $215823.08    | 0.10%             | 2054-04-04      | Fixed         | 5.89%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                     | Global Payments, Inc.                                                             | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    450000 | PA      | $459060.30    | 0.22%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                 | Global Partners LP / GLP Finance Corp.                                            | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     68000 | PA      | $69049.72     | 0.03%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                              | CUSIP: 46647PES1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    482000 | PA      | $483696.64    | 0.23%             | 2045-11-29      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                              | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    307000 | PA      | $315990.80    | 0.15%             | 2036-01-24      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                     | Ashtead Capital, Inc.                                                             | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    201000 | PA      | $208181.53    | 0.10%             | 2033-10-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| AUTODESK INC                            | Autodesk, Inc.                                                                    | CUSIP: 052769AJ5<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |    575000 | PA      | $584787.65    | 0.28%             | 2035-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                | JP Morgan Mortgage Trust Series 2024-CES1                                         | CUSIP: 46658CAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155773 | PA      | $156969.82    | 0.08%             | 2054-06-25      | Variable      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD GRP/CO                | JBS USA Holding Lux Sarl / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co.  | CUSIP: 472140AE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    815000 | PA      | $817798.71    | 0.39%             | 2036-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Auxilior Term Funding LLC               | Auxilior Term Funding 2023-1 LLC                                                  | CUSIP: 05335JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     47144 | PA      | $47522.69     | 0.02%             | 2028-12-15      | Fixed         | 6.18%                 | Yes           |                  2 | On Loan: No      |
| AVIANCA MIDCO 2 PLC                     | Avianca Midco 2 PLC                                                               | CUSIP: 05369YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    650000 | PA      | $599495.00    | 0.29%             | 2030-02-14      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding          | Avis Budget Rental Car Funding AESOP LLC                                          | CUSIP: 05377RDU5<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |     50000 | PA      | $49876.40     | 0.02%             | 2026-08-20      | Fixed         | 2.33%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding          | Avis Budget Rental Car Funding AESOP LLC                                          | CUSIP: 05377RKQ6<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    282000 | PA      | $286830.66    | 0.14%             | 2031-08-20      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BAT CAPITAL CORP                        | BAT Capital Corp.                                                                 | CUSIP: 054989AA6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    119000 | PA      | $128224.29    | 0.06%             | 2030-08-02      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                        | BAT Capital Corp.                                                                 | CUSIP: 054989AC2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    400000 | PA      | $440921.20    | 0.21%             | 2043-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                         | BAE Systems PLC                                                                   | CUSIP: 05523RAM9<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $197530.20    | 0.10%             | 2054-03-26      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BAT CAPITAL CORP                        | BAT Capital Corp.                                                                 | CUSIP: 05526DBV6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    306000 | PA      | $285512.69    | 0.14%             | 2052-03-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                  | BP Capital Markets PLC                                                            | CUSIP: 05565QDU9<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |     81000 | PA      | $80767.21     | 0.04%             | 2168-09-22      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                      | Harbour Energy PLC                                                                | CUSIP: 411618AD3<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    303000 | PA      | $301060.80    | 0.15%             | 2035-04-01      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| HERC HOLDINGS INC                       | Herc Holdings, Inc.                                                               | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    336000 | PA      | $336029.90    | 0.16%             | 2027-07-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                | Hess Midstream Operations LP                                                      | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $129092.34    | 0.06%             | 2028-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| HP ENTERPRISE CO                        | Hewlett Packard Enterprise Co.                                                    | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    804000 | PA      | $780339.89    | 0.38%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HIGH STREET FDG TRUST II                | High Street Funding Trust II                                                      | CUSIP: 42981DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    232000 | PA      | $197937.99    | 0.10%             | 2048-02-15      | Fixed         | 4.68%                 | Yes           |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust            | Hilton Grand Vacations Trust 2023-1                                               | CUSIP: 432917AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     45552 | PA      | $46369.45     | 0.02%             | 2038-01-25      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| HOME DEPOT INC                          | Home Depot, Inc.                                                                  | CUSIP: 437076DF6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    805000 | PA      | $773699.19    | 0.37%             | 2054-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                 | Howard Midstream Energy Partners LLC                                              | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     59000 | PA      | $62034.43     | 0.03%             | 2032-07-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| The Huntington National Bank            | Huntington Bank Auto Credit-Linked Notes Series 2025-1                            | CUSIP: 446438SX2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    255673 | PA      | $256658.38    | 0.12%             | 2033-03-21      | Fixed         | 4.96%                 | Yes           |                  2 | On Loan: No      |
| The Huntington National Bank            | Huntington Bank Auto Credit-Linked Notes Series 2024-2                            | CUSIP: 44644NAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    183812 | PA      | $185509.01    | 0.09%             | 2032-10-20      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Hudson Yards                            | Hudson Yards 2025-SPRL Mortgage Trust                                             | CUSIP: 44855PAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    138000 | PA      | $142069.76    | 0.07%             | 2040-01-13      | Variable      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| IBM INTERNAT CAPITAL                    | IBM International Capital Pte Ltd.                                                | CUSIP: 449276AG9<br>LEI: 2549007KTXQQBYZO7485 | Long             | DBT              | CORP              | SG        |    313000 | PA      | $293234.99    | 0.14%             | 2054-02-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                       | Iliad Holding SASU                                                                | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $213940.60    | 0.10%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| INTEL CORP                              | Intel Corp.                                                                       | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    234000 | PA      | $218082.62    | 0.11%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                              | Intel Corp.                                                                       | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   1122000 | PA      | $1119547.31   | 0.54%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                 | International Game Technology PLC                                                 | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    930000 | PA      | $922038.27    | 0.45%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| IPALCO ENTERPRISES INC                  | IPALCO Enterprises, Inc.                                                          | CUSIP: 462613AP5<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |    307000 | PA      | $294754.38    | 0.14%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                         | Israel Government International Bond                                              | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    954000 | PA      | $873482.40    | 0.42%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ITHACA ENERGY NORTH                     | Ithaca Energy North Sea PLC                                                       | CUSIP: 46567TAC8<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |    540000 | PA      | $556120.08    | 0.27%             | 2029-10-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| AGCO CORP                               | AGCO Corp.                                                                        | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |    119000 | PA      | $120786.90    | 0.06%             | 2034-03-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL                | AES Panama Generation Holdings SRL                                                | CUSIP: 00109AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |    446898 | PA      | $408017.94    | 0.20%             | 2030-05-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                 | Southern Co. Gas Capital Corp.                                                    | CUSIP: 001192AH6<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    926000 | PA      | $948509.21    | 0.46%             | 2041-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                | AT&T, Inc.                                                                        | CUSIP: 00206RCQ3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    750000 | PA      | $655239.75    | 0.32%             | 2046-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                | AT&T, Inc.                                                                        | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1014127.50   | 0.49%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                | American Airlines, Inc./AAdvantage Loyalty IP Ltd.                                | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    116333 | PA      | $116068.10    | 0.06%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                | American Airlines, Inc./AAdvantage Loyalty IP Ltd.                                | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    161000 | PA      | $161220.41    | 0.08%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Apollo Aviation Securitization          | AASET 2025-1                                                                      | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    243877 | PA      | $249429.15    | 0.12%             | 2050-02-16      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| DataBank Issuer LLC                     | DataBank Issuer                                                                   | CUSIP: 23802WAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    598000 | PA      | $574818.53    | 0.28%             | 2051-10-25      | Fixed         | 2.40%                 | Yes           |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                 | Dell International LLC / EMC Corp.                                                | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     98000 | PA      | $125127.28    | 0.06%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| DIAGEO INVESTMENT CORP                  | Diageo Investment Corp.                                                           | CUSIP: 25245BAE7<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209249.60    | 0.10%             | 2035-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                  | Diamondback Energy, Inc.                                                          | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    310000 | PA      | $310970.61    | 0.15%             | 2034-04-18      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LL          | Domino's Pizza Master Issuer LLC                                                  | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    525150 | PA      | $489856.24    | 0.24%             | 2051-04-25      | Fixed         | 2.66%                 | Yes           |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                    | Keurig Dr Pepper, Inc.                                                            | CUSIP: 26138EAT6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    251000 | PA      | $209981.83    | 0.10%             | 2045-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                        | Duke Energy Corp.                                                                 | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    800000 | PA      | $701876.00    | 0.34%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                        | Duke Energy Corp.                                                                 | CUSIP: 26441CCE3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1027223.00   | 0.50%             | 2034-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                 | Duke Energy Indiana LLC                                                           | CUSIP: 26443TAD8<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    870000 | PA      | $829717.26    | 0.40%             | 2053-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ENI SPA                                 | Eni S.p.A.                                                                        | CUSIP: 26874RAP3<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    241000 | PA      | $233311.86    | 0.11%             | 2054-05-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                    | ERAC USA Finance LLC                                                              | CUSIP: 26882PBE1<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    750000 | PA      | $860693.25    | 0.42%             | 2037-10-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                     | Petroleos Mexicanos                                                               | CUSIP: 71654QCG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    485000 | PA      | $481652.53    | 0.23%             | 2027-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DEL PERU SA                   | Petroleos del Peru S.A.                                                           | CUSIP: 716564AA7<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    400000 | PA      | $308972.00    | 0.15%             | 2032-06-19      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                  | Philip Morris International, Inc.                                                 | CUSIP: 718172BL2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    730000 | PA      | $620523.36    | 0.30%             | 2044-11-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                 | Phillips Edison Grocery Center Operating Partnership I LP                         | CUSIP: 71845JAB4<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |     80000 | PA      | $82229.28     | 0.04%             | 2034-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                 | Phillips Edison Grocery Center Operating Partnership I LP                         | CUSIP: 71845JAC2<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |    244000 | PA      | $236258.86    | 0.11%             | 2035-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru          | SMB Private Education Loan Trust 2019-B                                           | CUSIP: 83192CAC1<br>LEI: 549300NWENTZ8X7JUC78 | Long             | ABS-O            | CORP              | US        |    258489 | PA      | $258611.01    | 0.12%             | 2037-06-15      | Floating      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| JM SMUCKER CO                           | J M Smucker Co.                                                                   | CUSIP: 832696AZ1<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    574000 | PA      | $614014.69    | 0.30%             | 2053-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY                  | Smurfit Kappa Treasury ULC                                                        | CUSIP: 83272GAE1<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $202808.00    | 0.10%             | 2034-04-03      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET                | Smyrna Ready Mix Concrete LLC                                                     | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    430000 | PA      | $450879.51    | 0.22%             | 2031-11-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| SNAP INC                                | Snap, Inc.                                                                        | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    503000 | PA      | $515913.02    | 0.25%             | 2033-03-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| SOLVAY FINANCE (AMERICA)                | Syensqo Finance America LLC                                                       | CUSIP: 834423AF2<br>LEI: 54930073OEL5K0Y7NK81 | Long             | DBT              | CORP              | US        |    400000 | PA      | $414506.80    | 0.20%             | 2034-06-04      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                     | Southern California Edison Co.                                                    | CUSIP: 842400JJ3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    139000 | PA      | $140416.41    | 0.07%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                     | Southern California Edison Co.                                                    | CUSIP: 842400JK0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    249000 | PA      | $238776.56    | 0.12%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                 | Southern Co. Gas Capital Corp.                                                    | CUSIP: 8426EPAB4<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    121000 | PA      | $93100.30     | 0.04%             | 2046-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                 | Southern Co. Gas Capital Corp.                                                    | CUSIP: 8426EPAC2<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    822000 | PA      | $668765.23    | 0.32%             | 2047-05-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                       | State Street Corp.                                                                | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |    278000 | PA      | $289669.05    | 0.14%             | 2029-03-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF POLAND                      | Republic of Poland Government International Bond                                  | CUSIP: 857524AF9<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    690000 | PA      | $703426.02    | 0.34%             | 2030-02-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                      | Steel Dynamics, Inc.                                                              | CUSIP: 858119BS8<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |    295000 | PA      | $295240.72    | 0.14%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                              | Air Canada                                                                        | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    155000 | PA      | $153430.63    | 0.07%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ALLIANZ SE                              | Allianz S.E.                                                                      | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $589687.80    | 0.28%             | 2169-04-30      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| ALLIANZ SE                              | Allianz S.E.                                                                      | CUSIP: 018820AB6<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $175155.20    | 0.08%             | 2170-04-30      | Variable      | 3.20%                 | Yes           |                  2 | On Loan: No      |
| ALLSTATE CORP                           | Allstate Corp.                                                                    | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    175000 | PA      | $179494.53    | 0.09%             | 2067-05-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                            | Alphabet, Inc.                                                                    | CUSIP: 02079KAM9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103562.97    | 0.05%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                        | Altria Group, Inc.                                                                | CUSIP: 02209SBF9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    152000 | PA      | $151297.00    | 0.07%             | 2049-02-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ALUMINA PTY LTD                         | Alumina Pty Ltd.                                                                  | CUSIP: 02220AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    323000 | PA      | $328236.48    | 0.16%             | 2032-09-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| AMER AIRLINE 17-1 AA PTT                | American Airlines 2017-1 Class AA Pass-Through Trust                              | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    164820 | PA      | $159301.66    | 0.08%             | 2030-08-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2 AA PTT                | American Airlines 2017-2 Class AA Pass-Through Trust                              | CUSIP: 02376AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    259017 | PA      | $246367.81    | 0.12%             | 2031-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                            | Broadcom, Inc.                                                                    | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1005249.38   | 0.49%             | 2034-04-15      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| BROADCOM INC                            | Broadcom, Inc.                                                                    | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $853871.03    | 0.41%             | 2036-11-15      | Fixed         | 3.19%                 | Yes           |                  2 | On Loan: No      |
| BROWN & BROWN INC                       | Brown & Brown, Inc.                                                               | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    115000 | PA      | $117233.53    | 0.06%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                | Builders FirstSource, Inc.                                                        | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    418000 | PA      | $425934.06    | 0.21%             | 2034-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                           | Citigroup, Inc.                                                                   | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    672000 | PA      | $676980.19    | 0.33%             | 2173-02-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                           | Citigroup, Inc.                                                                   | CUSIP: 172967PU9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    658000 | PA      | $675217.89    | 0.33%             | 2036-01-24      | Variable      | 6.02%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                    | Cleveland-Cliffs, Inc.                                                            | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    323000 | PA      | $317911.46    | 0.15%             | 2029-11-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                    | Colombia Government International Bond                                            | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    950000 | PA      | $927627.50    | 0.45%             | 2036-11-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                        | COLT 2023-3 Mortgage Loan Trust                                                   | CUSIP: 19688RAB5<br>LEI: 213800MIPEZY1A8W1N28 | Long             | ABS-MBS          | CORP              | US        |    105860 | PA      | $107384.86    | 0.05%             | 2068-09-25      | Variable      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPCO                 | Columbia Pipelines Operating Co. LLC                                              | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92000 | PA      | $95196.45     | 0.05%             | 2053-11-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP                            | Comcast Corp.                                                                     | CUSIP: 20030NCZ2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1045000 | PA      | $717404.00    | 0.35%             | 2050-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST           | Commonbond Student Loan Trust 2019-A-GS                                           | CUSIP: 20268CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    257899 | PA      | $235973.98    | 0.11%             | 2047-01-25      | Fixed         | 2.54%                 | Yes           |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                 | Consolidated Edison Co. of New York, Inc.                                         | CUSIP: 209111GG2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    140000 | PA      | $143050.46    | 0.07%             | 2053-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                 | Consolidated Edison Co. of New York, Inc.                                         | CUSIP: 209111GK3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998960.00    | 0.48%             | 2054-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                | Constellation Energy Generation LLC                                               | CUSIP: 210385AD2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1077280.00   | 0.52%             | 2034-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                | Constellation Energy Generation LLC                                               | CUSIP: 210385AF7<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    493000 | PA      | $483632.51    | 0.23%             | 2054-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                | Corebridge Financial, Inc.                                                        | CUSIP: 21871XAS8<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     31000 | PA      | $32207.82     | 0.02%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                | Corebridge Financial, Inc.                                                        | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    328000 | PA      | $326818.22    | 0.16%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                  | Corp Andina de Fomento                                                            | CUSIP: 219868CM6<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              |  | XX        |    290000 | PA      | $295197.96    | 0.14%             | 2173-12-17      | Variable      | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CODELCO INC                             | Corp Nacional del Cobre de Chile                                                  | CUSIP: 21987BBL1<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    487000 | PA      | $505281.98    | 0.24%             | 2035-01-13      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| COUSINS PROPERTIES LP                   | Cousins Properties LP                                                             | CUSIP: 222793AB7<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |    694000 | PA      | $701284.22    | 0.34%             | 2032-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| COX ENTERPRISES INC                     | Cox Enterprises, Inc.                                                             | CUSIP: 224050AE4<br>LEI: TVRMNZKRGA8LPW6XPG60 | Long             | DBT              | CORP              | US        |    600000 | PA      | $632301.00    | 0.31%             | 2027-07-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| UBS GROUP AG                            | UBS Group A.G.                                                                    | CUSIP: 225401AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $226878.00    | 0.11%             | 2032-05-14      | Variable      | 3.09%                 | Yes           |                  2 | On Loan: No      |
| Cross Mortgage Trust                    | Cross 2024-H2 Mortgage Trust                                                      | CUSIP: 22757BAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    185076 | PA      | $186821.30    | 0.09%             | 2069-04-25      | Variable      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I          | CyrusOne Data Centers Issuer I LLC                                                | CUSIP: 23284BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    503000 | PA      | $512212.45    | 0.25%             | 2050-02-20      | Fixed         | 5.91%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                   | DB Master Finance LLC                                                             | CUSIP: 233046AN1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |    600230 | PA      | $578049.10    | 0.28%             | 2051-11-20      | Fixed         | 2.04%                 | Yes           |                  2 | On Loan: No      |
| DT MIDSTREAM INC                        | DT Midstream, Inc.                                                                | CUSIP: 23345MAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    358000 | PA      | $334901.12    | 0.16%             | 2032-04-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| DT MIDSTREAM INC                        | DT Midstream, Inc.                                                                | CUSIP: 23345MAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    245000 | PA      | $249356.59    | 0.12%             | 2034-12-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Daimler Trucks Retail Trust             | Daimler Trucks Retail Trust 2023-1                                                | CUSIP: 233868AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    178700 | PA      | $179789.98    | 0.09%             | 2027-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                      | Meta Platforms, Inc.                                                              | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    556000 | PA      | $542942.90    | 0.26%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GB86<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    391000 | PA      | $385436.85    | 0.19%             | 2045-11-19      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    519000 | PA      | $519683.52    | 0.25%             | 2056-01-28      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GES9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    209000 | PA      | $214652.20    | 0.10%             | 2027-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GFD1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    250000 | PA      | $274709.00    | 0.13%             | 2037-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    790000 | PA      | $803057.12    | 0.39%             | 2027-10-28      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GXR0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1640000 | PA      | $1419859.52   | 0.69%             | 2032-01-27      | Variable      | 1.99%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd          | Golub Capital Partners Clo 47M Ltd.                                               | CUSIP: 381948AG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250890.75    | 0.12%             | 2037-08-05      | Floating      | 6.66%                 | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                  | Goodyear Tire & Rubber Co.                                                        | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    500000 | PA      | $509087.00    | 0.25%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| HCA INC                                 | HCA, Inc.                                                                         | CUSIP: 404119BW8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    500000 | PA      | $518677.50    | 0.25%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HCA INC                                 | HCA, Inc.                                                                         | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    179000 | PA      | $183188.78    | 0.09%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HCA INC                                 | HCA, Inc.                                                                         | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    595000 | PA      | $599421.45    | 0.29%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                       | HSBC Holdings PLC                                                                 | CUSIP: 404280CF4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    224000 | PA      | $227785.60    | 0.11%             | 2030-03-31      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HP INC                                  | HP, Inc.                                                                          | CUSIP: 40434LAR6<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    839000 | PA      | $861663.07    | 0.42%             | 2030-04-25      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                              | CUSIP: 46647PDR4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1551000 | PA      | $1596714.17   | 0.77%             | 2034-06-01      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                              | CUSIP: 46647PDU7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    287000 | PA      | $294620.14    | 0.14%             | 2029-07-24      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                              | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1009000 | PA      | $1032896.15   | 0.50%             | 2035-01-23      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| LD CELULOSE INTERNATIONA                | LD Celulose International GmbH                                                    | CUSIP: 50206BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | AT        |    240000 | PA      | $252600.00    | 0.12%             | 2032-01-26      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                    | Las Vegas Sands Corp.                                                             | CUSIP: 517834AL1<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    687000 | PA      | $702218.42    | 0.34%             | 2034-08-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA                 | Latam Airlines Group S.A.                                                         | CUSIP: 51817RAE6<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    151000 | PA      | $151302.00    | 0.07%             | 2031-01-07      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                | Liberty Mutual Group, Inc.                                                        | CUSIP: 53079EBJ2<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    930000 | PA      | $680982.27    | 0.33%             | 2050-10-15      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| ELI LILLY & CO                          | Eli Lilly & Co.                                                                   | CUSIP: 532457CY2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    625000 | PA      | $630186.88    | 0.30%             | 2055-02-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                   | Lincoln National Corp.                                                            | CUSIP: 534187BT5<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    341000 | PA      | $350915.26    | 0.17%             | 2034-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                | Lloyds Banking Group PLC                                                          | CUSIP: 539439BA6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    452000 | PA      | $459801.07    | 0.22%             | 2035-11-26      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                             | Aker BP A.S.A.                                                                    | CUSIP: 55037AAB4<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    414000 | PA      | $369564.97    | 0.18%             | 2031-07-15      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| M&T BANK CORPORATION                    | M&T Bank Corp.                                                                    | CUSIP: 55261FAY0<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    401000 | PA      | $407515.05    | 0.20%             | 2031-07-08      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| MCF CLO LLC                             | MCF CLO IX Ltd.                                                                   | CUSIP: 55281XAZ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $601217.40    | 0.29%             | 2036-04-17      | Floating      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga          | MF1 2021-FL7 Ltd.                                                                 | CUSIP: 55284AAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    910500 | PA      | $905974.18    | 0.44%             | 2036-10-16      | Floating      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga          | MF1 2022-FL8 Ltd.                                                                 | CUSIP: 55284JAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    448000 | PA      | $445376.06    | 0.22%             | 2037-02-19      | Floating      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| MPLX LP                                 | MPLX LP                                                                           | CUSIP: 55336VAP5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    983000 | PA      | $789575.09    | 0.38%             | 2058-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                | Macquarie Airfinance Holdings Ltd.                                                | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |     59000 | PA      | $62433.27     | 0.03%             | 2031-03-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                | Macquarie Airfinance Holdings Ltd.                                                | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    848000 | PA      | $847334.32    | 0.41%             | 2030-03-17      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                | Warnermedia Holdings, Inc.                                                        | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    500000 | PA      | $348750.00    | 0.17%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| MARB BONDCO PLC                         | MARB BondCo PLC                                                                   | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    229000 | PA      | $202927.21    | 0.10%             | 2031-01-29      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                                | Mars, Inc.                                                                        | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    855000 | PA      | $864701.69    | 0.42%             | 2035-03-01      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                                | Mars, Inc.                                                                        | CUSIP: 571676BB0<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    557000 | PA      | $558682.70    | 0.27%             | 2045-05-01      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                     | Meritage Homes Corp.                                                              | CUSIP: 59001ABG6<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    585000 | PA      | $586719.90    | 0.28%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                             | MetLife, Inc.                                                                     | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1201010.55   | 0.58%             | 2066-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                             | MetLife, Inc.                                                                     | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    333000 | PA      | $445778.78    | 0.22%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| METLIFE INC                             | MetLife, Inc.                                                                     | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1219000 | PA      | $1446196.00   | 0.70%             | 2038-04-08      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                | FirstEnergy Pennsylvania Electric Co.                                             | CUSIP: 591894CC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    354000 | PA      | $350674.17    | 0.17%             | 2029-01-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| MICROSOFT CORP                          | Microsoft Corp.                                                                   | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    151000 | PA      | $89425.98     | 0.04%             | 2060-06-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                   | Micron Technology, Inc.                                                           | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    166000 | PA      | $144412.70    | 0.07%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                   | Micron Technology, Inc.                                                           | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    109000 | PA      | $111611.64    | 0.05%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                          | Morgan Stanley                                                                    | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    575000 | PA      | $575714.73    | 0.28%             | 2033-07-20      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                          | Morgan Stanley                                                                    | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1559910.15   | 0.75%             | 2034-11-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                          | Morgan Stanley                                                                    | CUSIP: 61747YFS9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1270832.50   | 0.61%             | 2030-07-19      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| NBM US HOLDINGS INC                     | NBM U.S. Holdings, Inc.                                                           | CUSIP: 62877VAB7<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |    600000 | PA      | $603472.80    | 0.29%             | 2029-08-06      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| NBN CO LTD                              | NBN Co., Ltd.                                                                     | CUSIP: 62878U2J0<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |    595000 | PA      | $592714.01    | 0.29%             | 2029-10-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| AIR CANADA 2020-2A PTT                  | Air Canada 2020-2 Class A Pass-Through Trust                                      | CUSIP: 00909DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    118008 | PA      | $119050.88    | 0.06%             | 2030-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| AIRCASTLE / IRELAND DAC                 | Aircastle Ltd. / Aircastle Ireland DAC                                            | CUSIP: 00929JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    156000 | PA      | $160233.37    | 0.08%             | 2031-10-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION LTD                     | NCL Corp. Ltd.                                                                    | CUSIP: 62886HBP5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    584000 | PA      | $588631.12    | 0.28%             | 2030-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NGPL PIPECO LLC                         | NGPL PipeCo LLC                                                                   | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    737000 | PA      | $841165.37    | 0.41%             | 2037-12-15      | Fixed         | 7.77%                 | Yes           |                  2 | On Loan: No      |
| NGPL PIPECO LLC                         | NGPL PipeCo LLC                                                                   | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    820000 | PA      | $815808.98    | 0.39%             | 2027-08-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                  | NXP B.V. / NXP Funding LLC / NXP USA, Inc.                                        | CUSIP: 62954HAV0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    526000 | PA      | $521109.25    | 0.25%             | 2029-06-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                              | Nasdaq, Inc.                                                                      | CUSIP: 63111XAH4<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     78000 | PA      | $80322.68     | 0.04%             | 2028-06-28      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust              | Navient Private Education Refi Loan Trust 2021-A                                  | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     65492 | PA      | $59680.29     | 0.03%             | 2069-05-15      | Fixed         | 0.84%                 | Yes           |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Iss          | New Economy Assets - Phase 1 Sponsor LLC                                          | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1058000 | PA      | $998263.20    | 0.48%             | 2061-10-20      | Fixed         | 1.91%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan           | New Residential Mortgage Loan Trust 2021-NQM2R                                    | CUSIP: 64831EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     95671 | PA      | $93158.62     | 0.04%             | 2058-10-25      | Variable      | 0.94%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK NY                             | City of New York NY                                                               | CUSIP: 64966SNJ1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259974.75    | 0.13%             | 2055-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                  | NextEra Energy Capital Holdings, Inc.                                             | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    327000 | PA      | $334259.40    | 0.16%             | 2055-08-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                            | NiSource, Inc.                                                                    | CUSIP: 65473PAJ4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    218000 | PA      | $209061.56    | 0.10%             | 2030-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                            | NiSource, Inc.                                                                    | CUSIP: 65473PAP0<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    112000 | PA      | $114545.87    | 0.06%             | 2033-06-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                   | Norfolk Southern Corp.                                                            | CUSIP: 655844CT3<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    136000 | PA      | $142127.62    | 0.07%             | 2034-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                             | Oracle Corp.                                                                      | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    780000 | PA      | $602237.22    | 0.29%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                             | Oracle Corp.                                                                      | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    458000 | PA      | $366515.87    | 0.18%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                             | Oracle Corp.                                                                      | CUSIP: 68389XCS2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    924000 | PA      | $917318.56    | 0.44%             | 2029-09-27      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                             | Oracle Corp.                                                                      | CUSIP: 68389XCU7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    940000 | PA      | $860668.70    | 0.42%             | 2054-09-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                  | Oscar U.S. Funding XVI LLC                                                        | CUSIP: 68784GAC7<br>LEI: 3538004TGTV49T7RNL88 | Long             | ABS-O            | CORP              | JP        |    147000 | PA      | $148223.36    | 0.07%             | 2028-02-10      | Fixed         | 5.54%                 | Yes           |                  2 | On Loan: No      |
| Pnmac Gmsr Issuer Trust                 | PMT Issuer Trust - FMSR                                                           | CUSIP: 69346MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    554000 | PA      | $556912.38    | 0.27%             | 2026-03-25      | Floating      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                  | PNC Financial Services Group, Inc.                                                | CUSIP: 693475AQ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    379000 | PA      | $378771.46    | 0.18%             | 2049-12-29      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                  | PNC Financial Services Group, Inc.                                                | CUSIP: 693475BT1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    166000 | PA      | $170639.70    | 0.08%             | 2027-10-20      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC                 | PPL Capital Funding, Inc.                                                         | CUSIP: 69352PAT0<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    253000 | PA      | $255074.35    | 0.12%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                  | Pacific Gas and Electric Co.                                                      | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    481000 | PA      | $308896.76    | 0.15%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                  | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $267295.34    | 0.13%             | 2030-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| PAYCHEX INC                             | Paychex, Inc.                                                                     | CUSIP: 704326AC1<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    152000 | PA      | $157152.80    | 0.08%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                        | Peruvian Government International Bond                                            | CUSIP: 715638EC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    309000 | PA      | $298117.02    | 0.14%             | 2054-08-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                        | Peruvian Government International Bond                                            | CUSIP: 715638FD9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    618000 | PA      | $620163.00    | 0.30%             | 2055-06-30      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                 | Phillips Edison Grocery Center Operating Partnership I LP                         | CUSIP: 71845JAD0<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |    490000 | PA      | $494562.39    | 0.24%             | 2032-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                             | Phillips 66                                                                       | CUSIP: 718546AL8<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    238000 | PA      | $206676.82    | 0.10%             | 2044-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PINE STREET TRUST III                   | Pine Street Trust III                                                             | CUSIP: 72284KAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    281000 | PA      | $277268.32    | 0.13%             | 2054-05-15      | Fixed         | 6.22%                 | Yes           |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL                   | Pinnacle West Capital Corp.                                                       | CUSIP: 723484AN1<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |    187000 | PA      | $191386.09    | 0.09%             | 2030-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                | Plains All American Pipeline LP / PAA Finance Corp.                               | CUSIP: 72650RBL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250347.00    | 0.12%             | 2026-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                | Prime Security Services Borrower LLC / Prime Finance, Inc.                        | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $483666.50    | 0.23%             | 2027-08-31      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| PROLOGIS LP                             | Prologis LP                                                                       | CUSIP: 74340XCK5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    227000 | PA      | $213336.42    | 0.10%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                    | Sabra Health Care LP                                                              | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |    572000 | PA      | $509479.26    | 0.25%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                         | San Diego Gas & Electric Co.                                                      | CUSIP: 797440CG7<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |   1033000 | PA      | $1054930.59   | 0.51%             | 2035-04-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin          | Santander Bank Auto Credit-Linked Notes Series 2024-B                             | CUSIP: 80280BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $250591.75    | 0.12%             | 2033-01-18      | Fixed         | 5.14%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                  | Santander Holdings USA, Inc.                                                      | CUSIP: 80282KBF2<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     78000 | PA      | $81316.40     | 0.04%             | 2029-03-09      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl          | Santander Drive Auto Receivables Trust 2022-5                                     | CUSIP: 80287HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175114 | PA      | $175057.59    | 0.08%             | 2028-10-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                    | Saudi Arabian Oil Co.                                                             | CUSIP: 80414L2P9<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    250000 | PA      | $233725.00    | 0.11%             | 2054-07-17      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                | Albion Financing 1 SARL / Aggreko Holdings, Inc.                                  | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    270000 | PA      | $275464.53    | 0.13%             | 2030-05-21      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                 | Alcoa Nederland Holding B.V.                                                      | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $209830.80    | 0.10%             | 2031-03-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                     | Sherwin-Williams Co.                                                              | CUSIP: 824348BP0<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    761000 | PA      | $465812.67    | 0.22%             | 2052-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                      | Siemens Funding B.V.                                                              | CUSIP: 82622RAF3<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $205700.60    | 0.10%             | 2055-05-28      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                 | Simon Property Group LP                                                           | CUSIP: 828807DV6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    159000 | PA      | $159304.96    | 0.08%             | 2053-03-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRA HLDS                | South Bow USA Infrastructure Holdings LLC                                         | CUSIP: 83007CAE2<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    234000 | PA      | $231566.40    | 0.11%             | 2034-10-01      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                | Delta Air Lines, Inc. / SkyMiles IP Ltd.                                          | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     20500 | PA      | $20450.23     | 0.01%             | 2025-10-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                | Delta Air Lines, Inc. / SkyMiles IP Ltd.                                          | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    623000 | PA      | $624368.73    | 0.30%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SMB Private Education Loan Tru          | SMB Private Education Loan Trust 2017-B                                           | CUSIP: 83189DAC4<br>LEI: 549300NWENTZ8X7JUC78 | Long             | ABS-O            | CORP              | US        |     18219 | PA      | $18188.78     | 0.01%             | 2035-10-15      | Floating      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                   | Toronto-Dominion Bank                                                             | CUSIP: 89115A2S0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    382000 | PA      | $386678.74    | 0.19%             | 2026-07-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                   | Toronto-Dominion Bank                                                             | CUSIP: 89116CKP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $359179.80    | 0.17%             | 2084-07-31      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                | TotalEnergies Capital S.A.                                                        | CUSIP: 89157XAB7<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    277000 | PA      | $266598.10    | 0.13%             | 2054-04-05      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                | TotalEnergies Capital S.A.                                                        | CUSIP: 89157XAF8<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    635000 | PA      | $595102.32    | 0.29%             | 2064-09-10      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                   | TransCanada PipeLines Ltd.                                                        | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    736000 | PA      | $735780.67    | 0.36%             | 2065-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                           | TransDigm, Inc.                                                                   | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     52000 | PA      | $53103.02     | 0.03%             | 2028-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TRITON CONTAINER                        | Triton Container International Ltd.                                               | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    160000 | PA      | $138818.88    | 0.07%             | 2031-06-15      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                   | Truist Financial Corp.                                                            | CUSIP: 89788MAP7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     66000 | PA      | $68941.42     | 0.03%             | 2034-06-08      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                   | Truist Financial Corp.                                                            | CUSIP: 89788MAQ5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     96000 | PA      | $103826.40    | 0.05%             | 2029-10-30      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                   | Truist Financial Corp.                                                            | CUSIP: 89788MAS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     70000 | PA      | $72559.34     | 0.04%             | 2035-01-24      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                   | Truist Financial Corp.                                                            | CUSIP: 89832QAD1<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |   1232000 | PA      | $1234433.20   | 0.60%             | 2168-03-01      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                            | UBS Group A.G.                                                                    | CUSIP: 902613BH0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $207739.60    | 0.10%             | 2035-02-08      | Variable      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| UBS GROUP AG                            | UBS Group A.G.                                                                    | CUSIP: 902613BQ0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    325000 | PA      | $332389.20    | 0.16%             | 2036-05-09      | Variable      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| USQ Rail                                | USQ Rail I LLC                                                                    | CUSIP: 90352WAD6<br>LEI: 25490077I8NB6ADB4I38 | Long             | ABS-O            | CORP              | US        |    178020 | PA      | $167409.58    | 0.08%             | 2051-02-28      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| UNION PACIFIC CORP                      | Union Pacific Corp.                                                               | CUSIP: 907818FG8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $144155.00    | 0.07%             | 2060-03-20      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-1 AA PTT                | United Airlines 2019-1 Class AA Pass-Through Trust                                | CUSIP: 90931CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    138093 | PA      | $132232.93    | 0.06%             | 2033-02-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 A PTT                 | United Airlines 2020-1 Class A Pass-Through Trust                                 | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     93014 | PA      | $94902.02     | 0.05%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-2 AA PTT                | United Airlines 2019-2 Class AA Pass-Through Trust                                | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460946 | PA      | $411811.26    | 0.20%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                     | United Airlines, Inc.                                                             | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     64000 | PA      | $63577.60     | 0.03%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIRLINES INC                     | United Airlines, Inc.                                                             | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    273000 | PA      | $264992.36    | 0.13%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIR 2023-1 A PTT                 | United Airlines 2023-1 Class A Pass-Through Trust                                 | CUSIP: 90932LAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    148074 | PA      | $151046.55    | 0.07%             | 2037-07-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                        | Paramount Global                                                                  | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    419000 | PA      | $382552.87    | 0.18%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VIKING BAKED GOODS ACQUI                | Viking Baked Goods Acquisition Corp.                                              | CUSIP: 92676AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    383000 | PA      | $374659.41    | 0.18%             | 2031-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| VMWARE LLC                              | VMware LLC                                                                        | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    768000 | PA      | $666134.78    | 0.32%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                        | Vmed O2 UK Financing I PLC                                                        | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    477000 | PA      | $441287.96    | 0.21%             | 2031-07-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                | Prudential Financial, Inc.                                                        | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    447000 | PA      | $452776.13    | 0.22%             | 2048-09-15      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                | Public Service Enterprise Group, Inc.                                             | CUSIP: 744573AX4<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    111000 | PA      | $117903.09    | 0.06%             | 2033-10-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                | Volkswagen Group of America Finance LLC                                           | CUSIP: 928668CC4<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    355000 | PA      | $377711.48    | 0.18%             | 2030-11-16      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| VORNADO REALTY LP                       | Vornado Realty LP                                                                 | CUSIP: 929043AK3<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |    475000 | PA      | $461567.48    | 0.22%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                        | Puget Energy, Inc.                                                                | CUSIP: 745310AM4<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    239000 | PA      | $225675.99    | 0.11%             | 2028-06-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management             | RCKT Mortgage Trust 2024-CES2                                                     | CUSIP: 74938PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    117710 | PA      | $118981.39    | 0.06%             | 2044-04-25      | Variable      | 6.39%                 | Yes           |                  2 | On Loan: No      |
| Regatta XXII Funding Ltd.               | Regatta XXII Funding Ltd.                                                         | CUSIP: 758968AN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999754.70    | 0.48%             | 2035-07-20      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Retained Vantage Data Centers           | Retained Vantage Data Centers Issuer LLC                                          | CUSIP: 76134KAH7<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |    582000 | PA      | $576460.52    | 0.28%             | 2049-09-15      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALT                | Rexford Industrial Realty LP                                                      | CUSIP: 76169XAB0<br>LEI: 549300028US163ELJN70 | Long             | DBT              | CORP              | US        |    215000 | PA      | $184286.18    | 0.09%             | 2031-09-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                   | Rio Tinto Finance USA PLC                                                         | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    617000 | PA      | $618749.20    | 0.30%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                   | Rio Tinto Finance USA PLC                                                         | CUSIP: 76720AAW6<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    214000 | PA      | $215268.59    | 0.10%             | 2065-03-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                | Rogers Communications, Inc.                                                       | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    725000 | PA      | $734865.08    | 0.35%             | 2055-04-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                         | Rolls-Royce PLC                                                                   | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    414000 | PA      | $424918.84    | 0.21%             | 2027-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| STERIS PLC                              | STERIS Irish FinCo UnLtd Co.                                                      | CUSIP: 85917PAA5<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |    323000 | PA      | $290022.99    | 0.14%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                       | Store Capital LLC                                                                 | CUSIP: 862123AA4<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |    564000 | PA      | $571351.18    | 0.28%             | 2030-04-30      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                      | Energy Transfer LP                                                                | CUSIP: 86765BAV1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    275000 | PA      | $245074.23    | 0.12%             | 2047-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                     | Suzano Austria GmbH                                                               | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    313000 | PA      | $292973.01    | 0.14%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                            | Voya CLO 2019-1 Ltd.                                                              | CUSIP: 92917NAW8<br>LEI: 549300KSCKXTOBY0IP86 | Long             | ABS-CBDO         | CORP              | KY        |    950000 | PA      | $953078.00    | 0.46%             | 2037-10-15      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                   | Wells Fargo & Co.                                                                 | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    719000 | PA      | $712325.52    | 0.34%             | 2169-03-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                   | Wells Fargo & Co.                                                                 | CUSIP: 94974BGU8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $857450.00    | 0.41%             | 2046-12-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                   | Wells Fargo & Co.                                                                 | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    290000 | PA      | $299398.61    | 0.14%             | 2029-07-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                   | Wells Fargo & Co.                                                                 | CUSIP: 95000U3H4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    535000 | PA      | $584849.16    | 0.28%             | 2034-10-23      | Variable      | 6.49%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                 | Jersey Central Power & Light Co.                                                  | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |    314000 | PA      | $275221.63    | 0.13%             | 2032-03-01      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Jersey Mikes Funding LLC                | Jersey Mike's Funding LLC                                                         | CUSIP: 476681AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    158602 | PA      | $161069.40    | 0.08%             | 2055-02-15      | Fixed         | 5.64%                 | Yes           |                  2 | On Loan: No      |
| KROGER CO                               | Kroger Co.                                                                        | CUSIP: 501044DW8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    151000 | PA      | $143452.27    | 0.07%             | 2054-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                     | LCM 37 Ltd.                                                                       | CUSIP: 50204JAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $997966.00    | 0.48%             | 2034-04-15      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                  | BP Capital Markets PLC                                                            | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    884000 | PA      | $882238.19    | 0.43%             | 2173-06-18      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust                             | BXHPP Trust 2021-FILM                                                             | CUSIP: 05609JAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    162000 | PA      | $148393.78    | 0.07%             | 2036-08-15      | Floating      | 5.53%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                | BX Commercial Mortgage Trust 2024-AIR2                                            | CUSIP: 05613QAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    361611 | PA      | $362287.49    | 0.17%             | 2041-10-15      | Floating      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit          | Bain Capital Credit CLO 2020-3 Ltd.                                               | CUSIP: 05684CAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000245.00   | 0.48%             | 2034-10-23      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                | JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl                      | CUSIP: 46590XAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    206000 | PA      | $188314.08    | 0.09%             | 2032-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Ivy Hill Middle Market Credit           | IVY Hill Middle Market Credit Fund XII Ltd.                                       | CUSIP: 46600CBE9<br>LEI: 5493003XZKSFJKWICW70 | Long             | ABS-CBDO         | CORP              | KY        |    473000 | PA      | $471226.25    | 0.23%             | 2037-04-20      | Floating      | 6.30%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                              | CUSIP: 46647PCC8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1142689.28   | 0.55%             | 2032-04-22      | Variable      | 2.58%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                 | CF Hippolyta Issuer LLC                                                           | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500815 | PA      | $495454.65    | 0.24%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| CLI Funding LLC                         | CLI Funding IX LLC                                                                | CUSIP: 12571WAG8<br>LEI: 2549008S2Z91ASJFZL83 | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $327424.83    | 0.16%             | 2050-06-20      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| CMS ENERGY CORP                         | CMS Energy Corp.                                                                  | CUSIP: 125896BV1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    229000 | PA      | $205968.55    | 0.10%             | 2050-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                | CSX Corp.                                                                         | CUSIP: 126408HY2<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $934447.28    | 0.45%             | 2055-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                     | COMM 2020-CX Mortgage Trust                                                       | CUSIP: 12656KAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109000 | PA      | $88793.47     | 0.04%             | 2046-11-10      | Variable      | 2.77%                 | Yes           |                  2 | On Loan: No      |
| CVR ENERGY INC                          | CVR Energy, Inc.                                                                  | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    668000 | PA      | $639448.34    | 0.31%             | 2028-02-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORP                         | CVS Health Corp.                                                                  | CUSIP: 126650EE6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    322000 | PA      | $318565.23    | 0.15%             | 2044-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                      | Coterra Energy, Inc.                                                              | CUSIP: 127097AM5<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    604000 | PA      | $597796.92    | 0.29%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                | Capital One Financial Corp.                                                       | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    600000 | PA      | $677655.60    | 0.33%             | 2031-10-30      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                           | Carnival Corp.                                                                    | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    300000 | PA      | $303128.40    | 0.15%             | 2029-05-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP                           | Carnival Corp.                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    121000 | PA      | $123803.21    | 0.06%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CEMEX SAB DE CV                         | Cemex S.A.B. de C.V.                                                              | CUSIP: 151290CC5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $202050.00    | 0.10%             | 2099-06-10      | Variable      | 7.20%                 | Yes           |                  2 | On Loan: No      |
| Centersquare Issuer LLC                 | Centersquare Issuer LLC                                                           | CUSIP: 15201EAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $442701.00    | 0.21%             | 2055-03-26      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Cerberus                                | Cerberus Loan Funding XLIX LLC                                                    | CUSIP: 15675LAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    850000 | PA      | $847377.75    | 0.41%             | 2034-01-15      | Floating      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                | Charter Communications Operating LLC / Charter Communications Operating Capital   | CUSIP: 161175BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    775000 | PA      | $794246.35    | 0.38%             | 2055-10-23      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                | Cheniere Energy Partners LP                                                       | CUSIP: 16411QAV3<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    235000 | PA      | $236952.15    | 0.11%             | 2035-10-30      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC               | Chesapeake Funding II LLC                                                         | CUSIP: 165183CZ5<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |     50702 | PA      | $51375.42     | 0.02%             | 2035-10-15      | Fixed         | 6.16%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                       | Chile Government International Bond                                               | CUSIP: 168863EB0<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    301000 | PA      | $305289.25    | 0.15%             | 2029-01-22      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Churchill Middle Market CLO Lt          | Churchill MMSLF CLO-IV Ltd.                                                       | CUSIP: 171929AA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $993691.00    | 0.48%             | 2035-10-22      | Floating      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                    | CITGO Petroleum Corp.                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |   1162000 | PA      | $1208611.31   | 0.58%             | 2029-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                | Citizens Financial Group, Inc.                                                    | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    103000 | PA      | $106596.04    | 0.05%             | 2030-01-23      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                | Citizens Financial Group, Inc.                                                    | CUSIP: 174610BG9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    798000 | PA      | $859992.63    | 0.42%             | 2035-04-25      | Variable      | 6.64%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                | Clear Channel Outdoor Holdings, Inc.                                              | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $494368.50    | 0.24%             | 2027-08-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                      | Energy Transfer LP                                                                | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    108000 | PA      | $102772.15    | 0.05%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                    | Enel Finance International N.V.                                                   | CUSIP: 29278GBA5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $342048.90    | 0.17%             | 2032-10-14      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                      | Energy Transfer LP                                                                | CUSIP: 29279FAA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493867.50    | 0.24%             | 2049-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EnFin Residential Solar Receiv          | EnFin Residential Solar Receivables Trust 2024-2                                  | CUSIP: 29281EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    204743 | PA      | $197106.98    | 0.10%             | 2055-09-20      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                             | CUSIP: 06051GGC7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199202.00    | 0.10%             | 2027-11-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                             | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1697294.65   | 0.82%             | 2033-02-04      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                             | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    965000 | PA      | $1018497.67   | 0.49%             | 2034-09-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                             | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    384000 | PA      | $394564.61    | 0.19%             | 2035-01-23      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                             | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1085143.46   | 0.52%             | 2036-01-24      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                             | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    799000 | PA      | $812010.92    | 0.39%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                        | Bank of Montreal                                                                  | CUSIP: 06368L5Q5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    599000 | PA      | $610104.86    | 0.29%             | 2084-11-26      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                     | Bank of Nova Scotia                                                               | CUSIP: 0641598X7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1250000 | PA      | $1259627.50   | 0.61%             | 2085-04-27      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Bank5                                   | BANK5 2024-5YR12                                                                  | CUSIP: 06644XBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    960000 | PA      | $986640.96    | 0.48%             | 2057-12-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                            | Barclays PLC                                                                      | CUSIP: 06738ECS2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $205231.80    | 0.10%             | 2055-03-12      | Variable      | 6.04%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                    | Bayer U.S. Finance LLC                                                            | CUSIP: 07274EAL7<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |    247000 | PA      | $264741.52    | 0.13%             | 2033-11-21      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| EQT CORP                                | EQT Corp.                                                                         | CUSIP: 26884LAY5<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    129000 | PA      | $133040.93    | 0.06%             | 2029-04-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                    | ERAC USA Finance LLC                                                              | CUSIP: 26884TAZ5<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    377000 | PA      | $384134.35    | 0.19%             | 2034-10-30      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                   | Caesars Entertainment, Inc.                                                       | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37148.00     | 0.02%             | 2027-07-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                | Electricite de France S.A.                                                        | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $225630.60    | 0.11%             | 2071-12-15      | Variable      | 9.12%                 | Yes           |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                | Empresa Nacional del Petroleo                                                     | CUSIP: 29245JAP7<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $202346.20    | 0.10%             | 2034-07-30      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| ENBRIDGE INC                            | Enbridge, Inc.                                                                    | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    180000 | PA      | $179889.48    | 0.09%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                            | Enbridge, Inc.                                                                    | CUSIP: 29250NBZ7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $162441.15    | 0.08%             | 2053-11-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                            | Enbridge, Inc.                                                                    | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    480000 | PA      | $497728.80    | 0.24%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                   | Novartis Capital Corp.                                                            | CUSIP: 66989HAW8<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    206000 | PA      | $184732.15    | 0.09%             | 2054-09-18      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                               | Olin Corp.                                                                        | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    271000 | PA      | $266377.01    | 0.13%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ONEOK INC                               | ONEOK, Inc.                                                                       | CUSIP: 682680BL6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1221012.04   | 0.59%             | 2033-09-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                             | Oracle Corp.                                                                      | CUSIP: 68389XBH7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    500000 | PA      | $440298.50    | 0.21%             | 2036-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                  | Marriott International, Inc.                                                      | CUSIP: 571903BU6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    845000 | PA      | $845837.40    | 0.41%             | 2037-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                 | Massachusetts Mutual Life Insurance Co.                                           | CUSIP: 575767AL2<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    236000 | PA      | $194395.56    | 0.09%             | 2077-04-01      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| MEDCO CYPRESS TREE PTE                  | Medco Cypress Tree Pte Ltd.                                                       | CUSIP: 58406VAA7<br>LEI: 254900NKZ2Y3YZK4WC46 | Long             | DBT              | CORP              | SG        |    420000 | PA      | $430096.38    | 0.21%             | 2030-05-19      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                   | Melco Resorts Finance Ltd.                                                        | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    555000 | PA      | $518784.59    | 0.25%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| AMPHENOL CORP                           | Amphenol Corp.                                                                    | CUSIP: 032095AS0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    189000 | PA      | $185008.89    | 0.09%             | 2054-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AXIS Equipment Finance Receiva          | Amur Equipment Finance Receivables XI LLC                                         | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-O            | CORP              | US        |     22175 | PA      | $22220.16     | 0.01%             | 2028-06-21      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                  | Anglo American Capital PLC                                                        | CUSIP: 034863BE9<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    525000 | PA      | $542208.45    | 0.26%             | 2034-04-05      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                  | AngloGold Ashanti Holdings PLC                                                    | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |    516000 | PA      | $481559.58    | 0.23%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                 | Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc.                    | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    635000 | PA      | $619774.61    | 0.30%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BALL CORP                               | Ball Corp.                                                                        | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    553000 | PA      | $566250.43    | 0.27%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                | Baltimore Gas and Electric Co.                                                    | CUSIP: 059165ES5<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1017121.85   | 0.49%             | 2054-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                      | Banco Santander S.A.                                                              | CUSIP: 05964HAU9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $413112.80    | 0.20%             | 2028-08-08      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                             | CUSIP: 06051GEN5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209215.40    | 0.10%             | 2042-02-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EnFin Residential Solar Receiv          | EnFin Residential Solar Receivables Trust 2024-1                                  | CUSIP: 29281LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    151341 | PA      | $151178.70    | 0.07%             | 2055-02-20      | Fixed         | 6.65%                 | Yes           |                  2 | On Loan: No      |
| ENTERGY CORP                            | Entergy Corp.                                                                     | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    433000 | PA      | $448112.13    | 0.22%             | 2054-12-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                | Enterprise Products Operating LLC                                                 | CUSIP: 29379VAQ6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    475000 | PA      | $521276.88    | 0.25%             | 2040-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                | Enterprise Products Operating LLC                                                 | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    126000 | PA      | $123907.90    | 0.06%             | 2078-02-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                | Enterprise Products Operating LLC                                                 | CUSIP: 29379VCB7<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    366000 | PA      | $242292.37    | 0.12%             | 2053-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CDX.NA.HY.44 6/30 06/20/30   /          | CDX.NA.HY.44 6/30 06/20/30   /                                                    | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCR              |  | US        |  -2500000 | NC      | $-2685206.95  | -1.30%            | 2030-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                       | Eversource Energy                                                                 | CUSIP: 30040WAX6<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     97000 | PA      | $98793.53     | 0.05%             | 2034-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                             | Exelon Corp.                                                                      | CUSIP: 30161NAX9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    905000 | PA      | $890162.53    | 0.43%             | 2030-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                             | Exelon Corp.                                                                      | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    212000 | PA      | $215672.05    | 0.10%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                  | Extra Space Storage LP                                                            | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    265000 | PA      | $224902.06    | 0.11%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                      | Meta Platforms, Inc.                                                              | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    335000 | PA      | $282702.15    | 0.14%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                               | Prosus N.V.                                                                       | CUSIP: 74365PAJ7<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    530000 | PA      | $409321.12    | 0.20%             | 2052-01-19      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-07

**Name of Applicant:** INVESTMENT MANAGERS SERIES TRUST

**Signature:** /s/ Maureen Quill

**Name of Signer:** Maureen Quill

**Title:** President