# EDGAR Filing Document

**Accession Number:** 0001027263
**File Stem:** 0001752724-23-048907
**Filing Date:** 2023-3
**Character Count:** 353772
**Document Hash:** 1ace46c4e4b61324f0cd4a091cb4ba78
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-048907.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-048907

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EQ ADVISORS TRUST
- **CENTRAL INDEX KEY:** 0001027263
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07953
- **FILM NUMBER:** 23690550

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104
- **BUSINESS PHONE:** 212-554-1234

**MAIL ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 787 TRUST
- **DATE OF NAME CHANGE:** 19961125

## Series and Classes Contracts Data

### EQ/Quality Bond PLUS Portfolio (Series ID: S000009055)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000024602 | Class IA     |  |
| C000024603 | Class IB     |  |
| C000104169 | Class K      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EQ Advisors Trust

- **b. Investment Company Act file number:** 811-07953

- **c. CIK number of Registrant:** 0001027263

- **d. LEI of Registrant:** 549300Q691FLN6WHB832

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

  - **Street Address 1:** 1290 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10104

  - **Telephone number:** 212-554-1234

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

- **a. Name of Series:** EQ/Quality Bond PLUS Portfolio

- **b. EDGAR series identifier (if any):** S000009055

- **c. LEI of Series:** 549300H58GWHDRBM0K71

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

- **a. Date of fiscal year-end:** 2022-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1281529561.72

**Total Liabilities:** $84511581.00

**Net Assets:** $1197017980.72

**Cash Not Reported:** $13735046.92

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 58845.94000000 | **1-Year:** 54310.27000000 | **5-Year:** 76798.23000000 | **10-Year:** 45153.94000000 | **30-Year:** 25122.41000000

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

- **3-Month:** 6.72000000 | **1-Year:** 321.91000000 | **5-Year:** 773.62000000 | **10-Year:** 2019.58000000 | **30-Year:** 1234.69000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024603 | -0.97%               | 2.15%                | -0.11%               |
| Class ID C000024602 | -0.97%               | 2.01%                | 0.02%                |
| Class ID C000104169 | -0.97%               | 2.14%                | 0.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-11936452.47            | $-532461.73                                |
| Month 2  | $-3332473.72             | $27172778.85                               |
| Month 3  | $335513.90               | $-2279881.32                               |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Intermediate Government Bond Index

- **Index Identifier:** GOV_INT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Airlines Pass-Through Trust                 | American Airlines Pass-Through Trust, Series 2019-1, Class AA                     | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    691543 | PA      | $572147.33    | 0.05%             | 2032-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                     | Deutsche Bank AG                                                                  | CUSIP: 25160PAJ6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    239000 | PA      | $237942.59    | 0.02%             | 2026-07-14      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Bear Stearns ALT-A Trust                             | Bear Stearns ALT-A Trust, Series 2005-7, Class 22A1                               | CUSIP: 07386HVS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    104657 | PA      | $64448.16     | 0.01%             | 2035-09-25      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.                     | Omega Healthcare Investors, Inc.                                                  | CUSIP: 681936BM1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |    700000 | PA      | $540078.21    | 0.05%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                        | UniCredit SpA                                                                     | CUSIP: 904678AU3<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    350000 | PA      | $310544.92    | 0.03%             | 2026-09-22      | Variable      | 2.57%                 | Yes           |                  2 | On Loan: No      |
| HCA, Inc.                                            | HCA, Inc.                                                                         | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46454.33     | 0.00%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128282Y5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4700000 | PA      | $4511577.00   | 0.38%             | 2024-09-30      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                       | Broadcom, Inc.                                                                    | CUSIP: 11135FBH3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    800000 | PA      | $632622.64    | 0.05%             | 2031-02-15      | Fixed         | 2.45%                 | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                       | Broadcom, Inc.                                                                    | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     67000 | PA      | $60027.14     | 0.01%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                      | Citigroup, Inc.                                                                   | CUSIP: 172967LW9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    227000 | PA      | $207032.22    | 0.02%             | 2029-04-23      | Variable      | 4.07%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                        | Citigroup Mortgage Loan Trust, Series 2009-7, Class 5A2                           | CUSIP: 17315MAK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    272765 | PA      | $149522.00    | 0.01%             | 2035-12-25      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Suzano Austria GmbH                                  | Suzano Austria GmbH                                                               | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     61000 | PA      | $50927.38     | 0.00%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AT&T, Inc.                                           | AT&T, Inc.                                                                        | CUSIP: 00206RHJ4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    800000 | PA      | $763411.60    | 0.06%             | 2029-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                           | US Bancorp, Series J                                                              | CUSIP: 902973AZ9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    171000 | PA      | $148342.50    | 0.01%             | 2027-04-15      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                          | ONEOK, Inc.                                                                       | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25125.47     | 0.00%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Odebrecht Offshore Drilling Finance Ltd.             | Odebrecht Offshore Drilling Finance Ltd.                                          | CUSIP: N/A<br>LEI: 549300L7LF2PIRAWID66       | Long             | DBT              | CORP              | KY        |    804057 | PA      | $211718.26    | 0.02%             | 2026-12-01      | Fixed         | 7.72%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31402DP79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37779 | PA      | $38778.92     | 0.00%             | 2034-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                | Dominion Energy, Inc.                                                             | CUSIP: 2574P1NX6<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | STIV             | CORP              | US        |    900000 | PA      | $896271.20    | 0.07%             | 2023-01-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury 5 Year Note                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -44 | NC      | $1662.41      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sales Tax Securitization Corp.                       | Sales Tax Securitization Corp.                                                    | CUSIP: 79467BDG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $643811.04    | 0.05%             | 2033-01-01      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Nordea Kredit Realkreditaktieselskab                 | Nordea Kredit Realkreditaktieselskab                                              | CUSIP: N/A<br>LEI: 52990080NNXXLC14OC65       | Long             | DBT              | CORP              | DK        |         2 | PA      | $0.17         | 0.00%             | 2053-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BX Trust                                             | BX Trust, Series 2021-ARIA, Class A                                               | CUSIP: 05608RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $570777.00    | 0.05%             | 2036-10-15      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1600000 | PA      | $1506394.96   | 0.13%             | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31402C4H2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13166 | PA      | $13491.88     | 0.00%             | 2034-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                         | BX Commercial Mortgage Trust, Series 2021-XL2, Class A                            | CUSIP: 05609KAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    463358 | PA      | $445418.83    | 0.04%             | 2038-10-15      | Floating      | 5.01%                 | Yes           |                  2 | On Loan: No      |
| Duke Energy Progress LLC                             | Duke Energy Progress LLC                                                          | CUSIP: 26442UAN4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    800000 | PA      | $710689.36    | 0.06%             | 2032-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    654700 | PA      | $662065.38    | 0.06%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WaMu Mortgage Pass-Through Certificates Trust        | WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR14, Class 1A4        | CUSIP: 93363PAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    285866 | PA      | $240321.35    | 0.02%             | 2036-11-25      | Variable      | 3.33%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Finance Authority                 | Tobacco Settlement Finance Authority                                              | CUSIP: 88880LAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     87860 | PA      | $78845.29     | 0.01%             | 2035-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts, Inc.                             | Advance Auto Parts, Inc.                                                          | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    367000 | PA      | $323497.91    | 0.03%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                    | Philip Morris International, Inc.                                                 | CUSIP: 718172CW7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34527.07     | 0.00%             | 2029-11-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Delos Finance SARL                                   | Delos Finance SARL, Term Loan                                                     | CUSIP: L2324EAE1<br>LEI: 549300HX549YWOJQT076 | Long             | LON              | CORP              | LU        |   2100000 | PA      | $2095065.00   | 0.18%             | 2023-10-06      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140QMZC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    365924 | PA      | $312954.36    | 0.03%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5900000 | PA      | $4872227.08   | 0.41%             | 2047-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2100000 | PA      | $2064093.33   | 0.17%             | 2031-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 3133A1B92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    450778 | PA      | $419601.04    | 0.04%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-15901.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                           | LAD Auto Receivables Trust, Series 2022-1A, Class A                               | CUSIP: 501687AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    216199 | PA      | $213116.96    | 0.02%             | 2027-06-15      | Fixed         | 5.21%                 | Yes           |                  2 | On Loan: No      |
| UWM Mortgage Trust                                   | UWM Mortgage Trust, Series 2021-INV3, Class A9                                    | CUSIP: 90355RAM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    730803 | PA      | $668035.31    | 0.06%             | 2051-11-25      | Floating      | 4.47%                 | Yes           |                  2 | On Loan: No      |
| Affirm Asset Securitization Trust                    | Affirm Asset Securitization Trust, Series 2021-Z1, Class A                        | CUSIP: 00834CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     55047 | PA      | $53520.02     | 0.00%             | 2025-08-15      | Fixed         | 1.07%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, Series 5015, Class BI                                                      | CUSIP: 3137FVTE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    554270 | PA      | $103464.21    | 0.01%             | 2050-09-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co.                        | Berkshire Hathaway Energy Co.                                                     | CUSIP: 59562VAM9<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    229000 | PA      | $241716.16    | 0.02%             | 2036-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Transurban Finance Co. Pty. Ltd.                     | Transurban Finance Co. Pty. Ltd.                                                  | CUSIP: 89400PAK9<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |    900000 | PA      | $710626.50    | 0.06%             | 2031-03-16      | Fixed         | 2.45%                 | Yes           |                  2 | On Loan: No      |
| Fox Corp.                                            | Fox Corp.                                                                         | CUSIP: 35137LAK1<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    190000 | PA      | $171107.67    | 0.01%             | 2049-01-25      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Fox Corp.                                            | Fox Corp.                                                                         | CUSIP: 35137LAH8<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    113000 | PA      | $109307.15    | 0.01%             | 2029-01-25      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| College Ave Student Loans LLC                        | College Ave Student Loans LLC, Series 2021-C, Class A2                            | CUSIP: 19424WAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    189980 | PA      | $164439.99    | 0.01%             | 2055-07-26      | Fixed         | 2.32%                 | Yes           |                  2 | On Loan: No      |
| Fiserv, Inc.                                         | Fiserv, Inc.                                                                      | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    409000 | PA      | $369275.59    | 0.03%             | 2029-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9196800 | PA      | $8521454.14   | 0.71%             | 2029-02-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| CSMC Mortgage-Backed Trust                           | CSMC Mortgage-Backed Trust, Series 2006-6, Class 1A8                              | CUSIP: 22942JAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    407274 | PA      | $216649.99    | 0.02%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                   | Altria Group, Inc.                                                                | CUSIP: 02209SBJ1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    310000 | PA      | $265740.12    | 0.02%             | 2030-05-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Eurohome UK Mortgages plc                            | Eurohome UK Mortgages plc, Series 2007-1, Class A                                 | CUSIP: N/A<br>LEI: 2138009XX8M6MTY8SG15       | Long             | ABS-MBS          | CORP              | GB        |    342671 | PA      | $397786.98    | 0.03%             | 2044-06-15      | Floating      | 3.94%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1499.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bills                                                               | CUSIP: 912796S34<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   7700000 | PA      | $7680558.27   | 0.64%             | 2023-01-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1055000 | PA      | $975810.33    | 0.08%             | 2044-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                             | Benchmark Mortgage Trust, Series 2019-B9, Class A5                                | CUSIP: 08160JAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $756392.96    | 0.06%             | 2052-03-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Dominican Republic Government Bond                   | Dominican Republic Government Bond                                                | CUSIP: 25714PEF1<br>LEI: N/A                  | Long             | DBT              | NUSS              | DO        |    276000 | PA      | $228183.00    | 0.02%             | 2032-09-23      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: —       |
| Conn's Receivables Funding LLC                       | Conn's Receivables Funding LLC, Series 2021-A, Class A                            | CUSIP: 20825GAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       340 | PA      | $339.39       | 0.00%             | 2026-05-15      | Fixed         | 1.05%                 | Yes           |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                  | Intesa Sanpaolo SpA                                                               | CUSIP: 46115HBU0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    367000 | PA      | $374022.14    | 0.03%             | 2025-11-21      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                   | General Motors Financial Co., Inc.                                                | CUSIP: 37045XDV5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     44000 | PA      | $39552.65     | 0.00%             | 2029-04-06      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos., Inc. (The)                | Interpublic Group of Cos., Inc. (The)                                             | CUSIP: 460690BP4<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     84000 | PA      | $80410.89     | 0.01%             | 2028-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                               | Sequoia Mortgage Trust, Series 10, Class 2A1                                      | CUSIP: 81743VAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1525 | PA      | $1445.16      | 0.00%             | 2027-10-20      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Daimler Trucks Finance North America LLC             | Daimler Trucks Finance North America LLC                                          | CUSIP: 233853AF7<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    800000 | PA      | $704065.52    | 0.06%             | 2026-12-14      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| WEC Energy Group, Inc.                               | WEC Energy Group, Inc.                                                            | CUSIP: 92939UAD8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    700000 | PA      | $594954.22    | 0.05%             | 2027-10-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Var Energi ASA                                       | Var Energi ASA                                                                    | CUSIP: 92212WAD2<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    356000 | PA      | $362963.61    | 0.03%             | 2028-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Harvest CLO XX DAC                                   | Harvest CLO XX DAC, Series 20A, Class AR                                          | CUSIP: N/A<br>LEI: 635400EXPHDZLGQCVU09       | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $724888.84    | 0.06%             | 2031-10-20      | Floating      | 2.14%                 | Yes           |                  2 | On Loan: No      |
| Vornado Realty LP                                    | Vornado Realty LP                                                                 | CUSIP: 929043AL1<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |    330000 | PA      | $244729.42    | 0.02%             | 2031-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 36225CC61<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       189 | PA      | $183.03       | 0.00%             | 2027-07-20      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| Bank of Ireland Group plc                            | Bank of Ireland Group plc                                                         | CUSIP: 06279JAC3<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |    258000 | PA      | $256162.11    | 0.02%             | 2026-09-16      | Variable      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 31335AY51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    239247 | PA      | $232187.86    | 0.02%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 912828U24<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  45079100 | PA      | $41730976.07  | 3.49%             | 2026-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| IPALCO Enterprises, Inc.                             | IPALCO Enterprises, Inc.                                                          | CUSIP: 462613AP5<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |    700000 | PA      | $624092.35    | 0.05%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140MA4G6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    438580 | PA      | $374202.55    | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    421000 | PA      | $397402.95    | 0.03%             | 2043-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Voya Financial, Inc.                                 | Voya Financial, Inc.                                                              | CUSIP: 45685EAG1<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     91000 | PA      | $89330.12     | 0.01%             | 2053-05-15      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey              | Port Authority of New York & New Jersey                                           | CUSIP: 73358W4V3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    180000 | PA      | $176803.27    | 0.01%             | 2023-07-01      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| Huntington Ingalls Industries, Inc.                  | Huntington Ingalls Industries, Inc.                                               | CUSIP: 446413AZ9<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    800000 | PA      | $660799.60    | 0.06%             | 2028-08-16      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CEW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9079800 | PA      | $8793247.87   | 0.73%             | 2027-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VW Credit, Inc.                                      | VW Credit, Inc.                                                                   | CUSIP: 91842KNT9<br>LEI: 549300UUPJ2NXDB68M19 | Long             | STIV             | CORP              | US        |    500000 | PA      | $498173.00    | 0.04%             | 2023-01-27      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128284N7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5240000 | PA      | $4954967.06   | 0.41%             | 2028-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3128MJBE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26226 | PA      | $26993.80     | 0.00%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Domino's Pizza Master Issuer LLC                     | Domino's Pizza Master Issuer LLC, Series 2021-1A, Class A2I                       | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185180 | PA      | $154900.29    | 0.01%             | 2051-04-25      | Fixed         | 2.66%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2016-H15, Class FA                                                   | CUSIP: 38376RWY8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    508692 | PA      | $503916.12    | 0.04%             | 2066-07-20      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                              | CUSIP: 46647PDM5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1073000 | PA      | $1071422.69   | 0.09%             | 2025-12-15      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128286N5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $459973.88    | 0.04%             | 2024-04-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 31385HWQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1952 | PA      | $1949.14      | 0.00%             | 2040-12-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Cigna Corp.                                          | Cigna Corp.                                                                       | CUSIP: 125523AH3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    165000 | PA      | $159530.96    | 0.01%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                   | City Of Chicago General Obligation Bonds, Taxable Series 2015 B                   | CUSIP: 167486D22<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101638.40    | 0.01%             | 2042-01-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                         | Mizuho Financial Group, Inc.                                                      | CUSIP: 60687YAS8<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    900000 | PA      | $886622.49    | 0.07%             | 2024-09-11      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810QD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $209817.80    | 0.02%             | 2039-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                              | Other Repurchase Agreement                                                        | CUSIP: N/A<br>LEI: BSGEFEIOM18Y80CKCV46       | Long             | RA               | CORP              | CA        |    800000 | PA      | $800000.00    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 31295MYW4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1334 | PA      | $1341.56      | 0.00%             | 2031-11-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Tengizchevroil Finance Co. International Ltd.        | Tengizchevroil Finance Co. International Ltd.                                     | CUSIP: 88034QAC1<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |    230000 | PA      | $163127.50    | 0.01%             | 2030-08-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Commercial Mortgage Trust                            | Commercial Mortgage Trust, Series 2016-COR1, Class ASB                            | CUSIP: 12594MBA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1149362 | PA      | $1086510.42   | 0.09%             | 2049-10-10      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    422500 | PA      | $304058.38    | 0.03%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BRSP Ltd.                                            | BRSP Ltd., Series 2021-FL1, Class A                                               | CUSIP: 05591XAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    800000 | PA      | $771326.24    | 0.06%             | 2038-08-19      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130A4CH3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |   5500000 | PA      | $5257582.00   | 0.44%             | 2025-03-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140Q9T37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    132523 | PA      | $130543.89    | 0.01%             | 2048-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138WJGB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47119 | PA      | $44196.90     | 0.00%             | 2031-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                         | BX Commercial Mortgage Trust, Series 2019-IMC, Class E                            | CUSIP: 05608BAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    133619 | PA      | $127654.74    | 0.01%             | 2034-04-15      | Floating      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp.                                     | CVS Health Corp.                                                                  | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11599.44     | 0.00%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Humana, Inc.                                         | Humana, Inc.                                                                      | CUSIP: 44486JNA3<br>LEI: 529900YLDW34GJAO4J06 | Long             | STIV             | CORP              | US        |    700000 | PA      | $699000.71    | 0.06%             | 2023-01-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                         | Mizuho Financial Group, Inc.                                                      | CUSIP: 60687YBF5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    700000 | PA      | $683591.44    | 0.06%             | 2024-07-10      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd.                                        | Voya CLO Ltd., Series 2019-1A, Class DR                                           | CUSIP: 92917NAS7<br>LEI: 549300KSCKXTOBY0IP86 | Long             | ABS-CBDO         | CORP              | KY        |    100000 | PA      | $86754.60     | 0.01%             | 2031-04-15      | Floating      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| CHL Mortgage Pass-Through Trust                      | CHL Mortgage Pass-Through Trust, Series 2005-2, Class 1A1                         | CUSIP: 12669GPN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     26491 | PA      | $21221.84     | 0.00%             | 2035-03-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                      | Goldman Sachs Group, Inc. (The), Series P                                         | CUSIP: 38148BAD0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     33000 | PA      | $32050.26     | 0.00%             | 2023-02-03      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| Berry Global, Inc.                                   | Berry Global, Inc.                                                                | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    800000 | PA      | $714880.00    | 0.06%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1096700 | PA      | $1102509.44   | 0.09%             | 2027-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1107900 | PA      | $1024559.77   | 0.09%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| RALI Trust                                           | RALI Trust, Series 2005-QO2, Class A1                                             | CUSIP: 761118HU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    232757 | PA      | $202256.81    | 0.02%             | 2045-09-25      | Floating      | 3.41%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                             | JP Morgan Mortgage Trust, Series 2007-A1, Class 3A3                               | CUSIP: 46630GAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     31144 | PA      | $28746.99     | 0.00%             | 2035-07-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| LeasePlan Corp. NV                                   | LeasePlan Corp. NV                                                                | CUSIP: 52206AAD2<br>LEI: 724500C60L930FVHS484 | Long             | DBT              | CORP              | NL        |    800000 | PA      | $750429.36    | 0.06%             | 2024-10-24      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $663.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138EHUP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66839 | PA      | $62692.15     | 0.01%             | 2042-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Brex Commercial Charge Card Master Trust             | Brex Commercial Charge Card Master Trust, Series 2021-1, Class A                  | CUSIP: 05601DAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    179000 | PA      | $176715.03    | 0.01%             | 2024-07-15      | Fixed         | 2.09%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128285D8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2701700 | PA      | $2667797.99   | 0.22%             | 2023-09-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                              | FHLMC STACR REMIC Trust, Series 2020-DNA5, Class M2                               | CUSIP: 35566AAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    102451 | PA      | $103256.52    | 0.01%             | 2050-10-25      | Floating      | 6.73%                 | Yes           |                  2 | On Loan: No      |
| UniCredit SpA                                        | UniCredit SpA                                                                     | CUSIP: 904678AG4<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   1600000 | PA      | $1615436.80   | 0.13%             | 2023-12-04      | Fixed         | 7.83%                 | Yes           |                  2 | On Loan: No      |
| United States Small Business Administration          | United States Small Business Administration, Series 2008-20G, Class 1             | CUSIP: 83162CRX3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     76566 | PA      | $76592.93     | 0.01%             | 2028-07-01      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                              | FHLMC STACR REMIC Trust, Series 2021-HQA4, Class M1                               | CUSIP: 35564KNK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    305895 | PA      | $290239.16    | 0.02%             | 2041-12-25      | Floating      | 4.88%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Structured Agency Credit Risk Debt Notes       | FHLMC STACR REMIC Trust, Series 2021-DNA7, Class M2                               | CUSIP: 35564KMH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    405614 | PA      | $380945.25    | 0.03%             | 2041-11-25      | Floating      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| EPR Properties                                       | EPR Properties                                                                    | CUSIP: 26884UAB5<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    800000 | PA      | $756560.80    | 0.06%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, Series 2014-C04, Class 2M2                                                  | CUSIP: 30711XAR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |      8377 | PA      | $8469.76      | 0.00%             | 2024-11-25      | Floating      | 9.39%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                       | Carvana Auto Receivables Trust, Series 2021-P4, Class D                           | CUSIP: 14687KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    169000 | PA      | $134065.82    | 0.01%             | 2028-09-11      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                   | Seagate HDD Cayman                                                                | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    357600 | PA      | $392215.68    | 0.03%             | 2032-12-01      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust           | BAMLL Commercial Mortgage Securities Trust, Series 2013-WBRK, Class D             | CUSIP: 05525BAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135000 | PA      | $114054.82    | 0.01%             | 2037-03-10      | Variable      | 3.53%                 | Yes           |                  2 | On Loan: No      |
| BAT Capital Corp.                                    | BAT Capital Corp.                                                                 | CUSIP: 05526DBR5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    469000 | PA      | $390555.48    | 0.03%             | 2028-03-25      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust, Series 2013-GC11, Class B                    | CUSIP: 17320DAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    235000 | PA      | $228969.76    | 0.02%             | 2046-04-10      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| Humana, Inc.                                         | Humana, Inc.                                                                      | CUSIP: 44486JP11<br>LEI: 529900YLDW34GJAO4J06 | Long             | STIV             | CORP              | US        |    500000 | PA      | $497846.75    | 0.04%             | 2023-02-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| NYO Commercial Mortgage Trust                        | NYO Commercial Mortgage Trust, Series 2021-1290, Class A                          | CUSIP: 62955HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $727092.40    | 0.06%             | 2038-11-15      | Floating      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Jyske Realkredit A/S                                 | Jyske Realkredit A/S, Series cce                                                  | CUSIP: N/A<br>LEI: 529900R9HQNZRT2OXB26       | Long             | DBT              | CORP              | DK        |   1756274 | PA      | $193732.89    | 0.02%             | 2053-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Natura & Co. Luxembourg Holdings Sarl                | Natura & Co. Luxembourg Holdings Sarl                                             | CUSIP: 63884WAA6<br>LEI: 54930074AZRQQPMINM11 | Long             | DBT              | CORP              | LU        |    214000 | PA      | $186755.13    | 0.02%             | 2029-04-19      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                  | Connecticut Avenue Securities Trust, Series 2021-R01, Class 1M2                   | CUSIP: 20754RAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    491030 | PA      | $478536.67    | 0.04%             | 2041-10-25      | Floating      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Flowserve Corp.                                      | Flowserve Corp.                                                                   | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |    202000 | PA      | $151924.73    | 0.01%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: —       |
| Enbridge US, Inc.                                    | Enbridge US, Inc.                                                                 | CUSIP: 29251VNL6<br>LEI: 5493003FRODSVHJWFS32 | Long             | STIV             | CORP              | US        |    500000 | PA      | $498597.38    | 0.04%             | 2023-01-20      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130AFW94<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |    305000 | PA      | $298277.13    | 0.02%             | 2024-02-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Mortimer BTL plc                                     | Mortimer BTL plc, Series 2020-1, Class A                                          | CUSIP: N/A<br>LEI: 2138004YYAWHP3BYJX93       | Long             | ABS-MBS          | CORP              | GB        |    427421 | PA      | $515600.34    | 0.04%             | 2052-06-21      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ONEOK, Inc.                                          | ONEOK, Inc.                                                                       | CUSIP: 682680AW3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    208000 | PA      | $192603.05    | 0.02%             | 2029-03-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Constellation Brands, Inc.                           | Constellation Brands, Inc.                                                        | CUSIP: 21037DNA8<br>LEI: 5493005GKEG8QCVY7037 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499252.31    | 0.04%             | 2023-01-10      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Barclays plc                                         | Barclays plc                                                                      | CUSIP: 06738ECD5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    360000 | PA      | $374981.90    | 0.03%             | 2028-11-02      | Variable      | 7.39%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitization Trust               | Residential Asset Securitization Trust, Series 2006-A12, Class A1                 | CUSIP: 76113XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    165522 | PA      | $64950.92     | 0.01%             | 2036-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    862000 | PA      | $830461.40    | 0.07%             | 2027-08-31      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                     | SMB Private Education Loan Trust, Series 2016-C, Class A2A                        | CUSIP: 78449KAB6<br>LEI: 54930027GONY06ZX8P67 | Long             | ABS-O            | CORP              | US        |    143435 | PA      | $136764.26    | 0.01%             | 2034-09-15      | Fixed         | 2.34%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                     | CCO Holdings LLC                                                                  | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $82450.00     | 0.01%             | 2026-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC             | Avis Budget Rental Car Funding AESOP LLC, Series 2018-2A, Class A                 | CUSIP: 05377RDC5<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    365000 | PA      | $358640.90    | 0.03%             | 2025-03-20      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Synchrony Financial                                  | Synchrony Financial                                                               | CUSIP: 87165BAS2<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37079.66     | 0.00%             | 2025-06-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                            | Commercial Mortgage Trust, Series 2021-2400, Class A                              | CUSIP: 20048FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $736666.08    | 0.06%             | 2038-12-15      | Floating      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| HSBC Holdings plc                                    | HSBC Holdings plc                                                                 | CUSIP: 404280DH9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    201000 | PA      | $185959.61    | 0.02%             | 2033-08-11      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| BlueMountain Fuji Eur CLO V DAC                      | BlueMountain Fuji Eur CLO V DAC, Series 5A, Class A                               | CUSIP: N/A<br>LEI: 635400IYPG2G6NM3OV52       | Long             | ABS-CBDO         | CORP              | IE        |    600000 | PA      | $616946.58    | 0.05%             | 2033-01-15      | Floating      | 2.29%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $12022.59     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BAT Capital Corp.                                    | BAT Capital Corp.                                                                 | CUSIP: 05526DBN4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    156000 | PA      | $142741.81    | 0.01%             | 2030-04-02      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO IX Ltd.                                  | Elmwood CLO IX Ltd., Series 2021-2A, Class A                                      | CUSIP: 29003UAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    257000 | PA      | $250761.84    | 0.02%             | 2034-07-20      | Floating      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Catamaran CLO Ltd.                                   | Catamaran CLO Ltd., Series 2014-1A, Class A1AR                                    | CUSIP: 14889DAJ7<br>LEI: 549300C8Q7ISEHHDRH76 | Long             | ABS-CBDO         | CORP              | KY        |    994896 | PA      | $975794.40    | 0.08%             | 2030-04-22      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31374FWF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       101 | PA      | $102.60       | 0.00%             | 2026-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Global Payments, Inc.                                | Global Payments, Inc.                                                             | CUSIP: 37940XAB8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    136000 | PA      | $116346.42    | 0.01%             | 2029-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust, Series 2013-G1, Class A2                            | CUSIP: 36197QAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    265496 | PA      | $251222.11    | 0.02%             | 2031-04-10      | Variable      | 3.56%                 | Yes           |                  2 | On Loan: No      |
| FFCB                                                 | FFCB                                                                              | CUSIP: 3133ENP95<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  15466000 | PA      | $15414402.33  | 1.29%             | 2025-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Enel Finance America LLC                             | Enel Finance America LLC                                                          | CUSIP: 29280HAA0<br>LEI: 549300EGNLVUJX1DEC60 | Long             | DBT              | CORP              | US        |    600000 | PA      | $621979.92    | 0.05%             | 2027-10-14      | Fixed         | 7.10%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 3135G0X24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |  30000000 | PA      | $28346778.00  | 2.37%             | 2025-01-07      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| AIB Group plc                                        | AIB Group plc                                                                     | CUSIP: 00135TAC8<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | NUSS              | IE        |    493000 | PA      | $502794.87    | 0.04%             | 2026-10-14      | Variable      | 7.58%                 | Yes           |                  2 | On Loan: No      |
| Credit Suisse Group AG                               | Credit Suisse Group AG                                                            | CUSIP: 225401AY4<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    399000 | PA      | $373606.48    | 0.03%             | 2026-07-15      | Variable      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                              | CUSIP: 46647PBR6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    400000 | PA      | $349286.60    | 0.03%             | 2028-06-01      | Variable      | 2.18%                 | No            |                  2 | On Loan: No      |
| Bacardi Ltd.                                         | Bacardi Ltd.                                                                      | CUSIP: 067316AE9<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    800000 | PA      | $776099.92    | 0.06%             | 2025-05-15      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: No      |
| United States Small Business Administration          | United States Small Business Administration, Series 2005-20B, Class 1             | CUSIP: 83162CPH0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      6177 | PA      | $6173.68      | 0.00%             | 2025-02-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140K3BF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    392040 | PA      | $364190.14    | 0.03%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust MLMI          | Merrill Lynch Mortgage Investors Trust, Series 2003-A1, Class 3A                  | CUSIP: 589929F37<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10688 | PA      | $9431.72      | 0.00%             | 2032-12-25      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                             | Celanese US Holdings LLC                                                          | CUSIP: 15089QAR5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    266000 | PA      | $265257.57    | 0.02%             | 2024-07-05      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| LCCM Trust                                           | LCCM Trust, Series 2021-FL3, Class A                                              | CUSIP: 50190FAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    800000 | PA      | $763375.52    | 0.06%             | 2038-11-15      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| SFO Commercial Mortgage Trust                        | SFO Commercial Mortgage Trust, Series 2021-555, Class A                           | CUSIP: 78432WAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $733039.92    | 0.06%             | 2038-05-15      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC STACR REMIC Trust, Series 2022-DNA7, Class M1A                              | CUSIP: 35564KL31<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    347051 | PA      | $348210.87    | 0.03%             | 2052-03-25      | Floating      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust, Series 2016-NXS6, Class C                  | CUSIP: 95000KBH7<br>LEI: 549300CFP9NBBMZH1008 | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $240509.06    | 0.02%             | 2049-11-15      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 3135G0Q22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |  25816000 | PA      | $23829014.76  | 1.99%             | 2026-09-24      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FFCB                                                 | FFCB                                                                              | CUSIP: 3133EMNF5<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |   5124000 | PA      | $4704339.28   | 0.39%             | 2025-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                       | ACM Auto Trust, Series 2022-1A, Class A                                           | CUSIP: 00091QAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     84563 | PA      | $84146.17     | 0.01%             | 2029-04-20      | Fixed         | 3.23%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $4705.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ripon 1RA                                            | Ripon 1RA                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | GB        |   1100000 | PA      | $1258323.29   | 0.11%             | 2056-08-28      | Fixed         | 1.59%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corp.                               | Truist Financial Corp., Series Q                                                  | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    286000 | PA      | $265622.50    | 0.02%             | 2030-03-01      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                         | Discovery Communications LLC                                                      | CUSIP: 25470DAT6<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     81000 | PA      | $60745.93     | 0.01%             | 2047-09-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Reperforming Loan REMIC Trust                        | Reperforming Loan REMIC Trust, Series 2006-R1, Class AF1                          | CUSIP: 12669UCN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    174270 | PA      | $164999.00    | 0.01%             | 2036-01-25      | Floating      | 4.73%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3134GW6C5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   3000000 | PA      | $2616976.80   | 0.22%             | 2026-10-28      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 912828R36<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2551100 | PA      | $2350801.40   | 0.20%             | 2026-05-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Ashford Hospitality Trust                            | Ashford Hospitality Trust, Series 2018-KEYS, Class A                              | CUSIP: 04410CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    179846 | PA      | $174233.65    | 0.01%             | 2035-06-15      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Radnor RE Ltd.                                       | Radnor RE Ltd., Series 2019-1, Class M1B                                          | CUSIP: 75049SAB9<br>LEI: 254900JBDDKUTX6TX151 | Long             | ABS-MBS          | CORP              | BM        |    150054 | PA      | $148331.60    | 0.01%             | 2029-02-25      | Floating      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| Neighborly Issuer                                    | Neighborly Issuer, Series 2022-1A, Class A2                                       | CUSIP: 64016NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235222 | PA      | $185249.39    | 0.02%             | 2052-01-30      | Fixed         | 3.69%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6371700 | PA      | $5421334.82   | 0.45%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FHF Trust                                            | FHF Trust, Series 2021-2A, Class A                                                | CUSIP: 30322JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     82788 | PA      | $79363.27     | 0.01%             | 2026-12-15      | Fixed         | 0.83%                 | Yes           |                  2 | On Loan: No      |
| Commercial Mortgage Trust                            | Commercial Mortgage Trust, Series 2012-CR5, Class E                               | CUSIP: 12623SAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $222001.88    | 0.02%             | 2045-12-10      | Variable      | 4.32%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10742400 | PA      | $9146765.80   | 0.76%             | 2028-07-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                       | Carvana Auto Receivables Trust, Series 2021-N3, Class C                           | CUSIP: 14687GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125925 | PA      | $120739.31    | 0.01%             | 2028-06-12      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp.          | State Board of Administration Finance Corp.                                       | CUSIP: 341271AE4<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |    288000 | PA      | $250752.36    | 0.02%             | 2027-07-01      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd.                                       | Aircastle Ltd.                                                                    | CUSIP: 00928QAS0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |      9000 | PA      | $8479.21      | 0.00%             | 2026-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12759300 | PA      | $12191574.95  | 1.02%             | 2028-11-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| TRTX Issuer Ltd.                                     | TRTX Issuer Ltd., Series 2019-FL3, Class A                                        | CUSIP: 87276VAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    126604 | PA      | $126604.11    | 0.01%             | 2034-10-15      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 3135G0U43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |  20000000 | PA      | $19735688.00  | 1.65%             | 2023-09-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2015-H20, Class FB                                                   | CUSIP: 38376RFJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    382351 | PA      | $376254.49    | 0.03%             | 2065-08-20      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| New Orleans Hotel Trust                              | New Orleans Hotel Trust, Series 2019-HNLA, Class A                                | CUSIP: 647622AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $469354.05    | 0.04%             | 2032-04-15      | Floating      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Stifel Financial Corp.                               | Stifel Financial Corp.                                                            | CUSIP: 860630AG7<br>LEI: 549300E5F07FE5GHJX84 | Long             | DBT              | CORP              | US        |    900000 | PA      | $780574.14    | 0.07%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $653409.60    | 0.05%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                       | HarborView Mortgage Loan Trust, Series 2006-13, Class A                           | CUSIP: 41162KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     44364 | PA      | $31170.64     | 0.00%             | 2046-11-19      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| CVS Pass-Through Trust                               | CVS Pass-Through Trust                                                            | CUSIP: 126650AQ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    113820 | PA      | $112920.41    | 0.01%             | 2026-01-10      | Fixed         | 5.79%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31371K3A7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25955 | PA      | $26553.63     | 0.00%             | 2033-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                             | JP Morgan Mortgage Trust, Series 2007-S3, Class 1A90                              | CUSIP: 46631NDT3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     48456 | PA      | $26496.15     | 0.00%             | 2037-08-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Rio Oil Finance Trust                                | Rio Oil Finance Trust, Series 2014-1                                              | CUSIP: N/A<br>LEI: 549300V5D1W52HY8NO65       | Long             | DBT              | CORP              | US        |    128714 | PA      | $129944.95    | 0.01%             | 2024-07-06      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                              | FHLMC STACR REMIC Trust, Series 2021-DNA5, Class M2                               | CUSIP: 35564KHE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    102434 | PA      | $101026.47    | 0.01%             | 2034-01-25      | Floating      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23258400 | PA      | $19631308.34  | 1.64%             | 2031-05-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                            | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397ZQ9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493125.00    | 0.04%             | 2024-03-18      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17730300 | PA      | $16029189.42  | 1.34%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Armada Euro CLO III DAC                              | Armada Euro CLO III DAC, Series 3A, Class A1R                                     | CUSIP: N/A<br>LEI: 549300236OBWCGBX8R96       | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $725221.53    | 0.06%             | 2031-07-15      | Floating      | 2.10%                 | Yes           |                  2 | On Loan: No      |
| EQUS Mortgage Trust                                  | EQUS Mortgage Trust, Series 2021-EQAZ, Class A                                    | CUSIP: 29478JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    599988 | PA      | $577510.69    | 0.05%             | 2038-10-15      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Sunrun Demeter Issuer LLC                            | Sunrun Demeter Issuer LLC, Series 2021-2A, Class A                                | CUSIP: 86772HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    761187 | PA      | $595567.42    | 0.05%             | 2057-01-30      | Fixed         | 2.27%                 | Yes           |                  2 | On Loan: No      |
| Crown Castle, Inc.                                   | Crown Castle, Inc.                                                                | CUSIP: 22823QN56<br>LEI: 54930012H97VSM0I2R19 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499594.92    | 0.04%             | 2023-01-05      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 21H030617<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    183093 | PA      | $163396.20    | 0.01%             | 2053-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NXP BV                                               | NXP BV                                                                            | CUSIP: 62954HAY4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    141000 | PA      | $121198.31    | 0.01%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140M2LW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1095826 | PA      | $971778.82    | 0.08%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Corsair International Ltd.                           | Corsair International Ltd.                                                        | CUSIP: N/A<br>LEI: 213800F3PS68ENYG4O41       | Long             | DBT              | CORP              | JE        |    700000 | PA      | $738075.28    | 0.06%             | 2029-01-28      | Floating      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| Booking Holdings, Inc.                               | Booking Holdings, Inc.                                                            | CUSIP: 09857LAW8<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    303000 | PA      | $327603.73    | 0.03%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810QW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1010500 | PA      | $855949.28    | 0.07%             | 2042-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140FKHG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    285110 | PA      | $267431.87    | 0.02%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 912828YB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1173000 | PA      | $1019995.99   | 0.09%             | 2029-08-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| LSTAR Commercial Mortgage Trust                      | LSTAR Commercial Mortgage Trust, Series 2016-4, Class A2                          | CUSIP: 50219QAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76527 | PA      | $76401.82     | 0.01%             | 2049-03-10      | Fixed         | 2.58%                 | Yes           |                  2 | On Loan: No      |
| Masco Corp.                                          | Masco Corp.                                                                       | CUSIP: 574599BS4<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |    800000 | PA      | $662007.20    | 0.06%             | 2028-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd.                                       | Aircastle Ltd.                                                                    | CUSIP: 00928QAU5<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    298000 | PA      | $244290.18    | 0.02%             | 2028-01-26      | Fixed         | 2.85%                 | Yes           |                  2 | On Loan: No      |
| Banco de Credito del Peru S.A.                       | Banco de Credito del Peru SA                                                      | CUSIP: 05971U2C0<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    268000 | PA      | $244014.00    | 0.02%             | 2030-07-01      | Variable      | 3.13%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, 30 Year, Single Family                                                      | CUSIP: 01F020612<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2287000 | PA      | $1870337.19   | 0.16%             | 2053-01-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Small Business Administration          | United States Small Business Administration, Series 2004-20C, Class 1             | CUSIP: 83162CNQ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     30064 | PA      | $28963.83     | 0.00%             | 2024-03-01      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Infor, Inc.                                          | Infor, Inc.                                                                       | CUSIP: 45674CAA1<br>LEI: 549300Q3IIYBYI4RHD64 | Long             | DBT              | CORP              | US        |    119000 | PA      | $107546.10    | 0.01%             | 2025-07-15      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138MFS99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    594770 | PA      | $557789.75    | 0.05%             | 2042-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1457400 | PA      | $965075.71    | 0.08%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810FB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4347000 | PA      | $4747825.13   | 0.40%             | 2027-11-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                         | Oracle Corp.                                                                      | CUSIP: 6840C3NT6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | STIV             | CORP              | US        |    500000 | PA      | $498204.50    | 0.04%             | 2023-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greenko Power II Ltd.                                | Greenko Power II Ltd.                                                             | CUSIP: 39530MAA6<br>LEI: 254900YYA4B6O2O4JM12 | Long             | DBT              | CORP              | MU        |    477500 | PA      | $398712.50    | 0.03%             | 2028-12-13      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Enbridge Energy Partners LP                          | Enbridge Energy Partners LP                                                       | CUSIP: 29250RAX4<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |    219000 | PA      | $246217.76    | 0.02%             | 2045-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                       | BNP Paribas SA                                                                    | CUSIP: 09659W2M5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    800000 | PA      | $669050.32    | 0.06%             | 2028-09-30      | Variable      | 1.90%                 | Yes           |                  2 | On Loan: No      |
| Raytheon Technologies Corp.                          | Raytheon Technologies Corp.                                                       | CUSIP: 913017CY3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    363000 | PA      | $348483.63    | 0.03%             | 2028-11-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Enel Finance International NV                        | Enel Finance International NV                                                     | CUSIP: 29278GAP3<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    800000 | PA      | $585053.60    | 0.05%             | 2031-07-12      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                         | Pacific Gas and Electric Co.                                                      | CUSIP: 694308JY4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    800000 | PA      | $774193.44    | 0.06%             | 2023-11-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                             | Lloyds Banking Group plc                                                          | CUSIP: 539439AW9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $319488.39    | 0.03%             | 2033-11-15      | Variable      | 7.95%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mortgage Trust            | Banc of America Commercial Mortgage Trust, Series 2015-UBS7, Class AS             | CUSIP: 06054ABB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     39000 | PA      | $36243.57     | 0.00%             | 2048-09-15      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                   | Energy Transfer LP                                                                | CUSIP: 29273RBG3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    325000 | PA      | $317153.01    | 0.03%             | 2026-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                               | Credit Suisse Group AG                                                            | CUSIP: 225401AP3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    254000 | PA      | $197731.25    | 0.02%             | 2031-04-01      | Variable      | 4.19%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 31359MGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |  10000000 | PA      | $11645847.00  | 0.97%             | 2030-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                     | IndyMac INDX Mortgage Loan Trust, Series 2005-AR11, Class A3                      | CUSIP: 45660LQH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    302977 | PA      | $241309.01    | 0.02%             | 2035-08-25      | Variable      | 3.23%                 | No            |                  2 | On Loan: No      |
| Ballyrock CLO 16 Ltd.                                | Ballyrock CLO 16 Ltd., Series 2021-16A, Class A1                                  | CUSIP: 05876KAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    502006 | PA      | $488876.03    | 0.04%             | 2034-07-20      | Floating      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, Series 4790, Class F                                                       | CUSIP: 3137F5BX6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    262882 | PA      | $253615.21    | 0.02%             | 2043-10-15      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp.                                | Parker-Hannifin Corp.                                                             | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    121000 | PA      | $108358.09    | 0.01%             | 2029-06-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments II Trust       | Structured Asset Mortgage Investments II Trust, Series 2006-AR3, Class 11A1       | CUSIP: 86360KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207775 | PA      | $177524.15    | 0.01%             | 2036-04-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3823800 | PA      | $3265703.77   | 0.27%             | 2030-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31402QYV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139773 | PA      | $143374.94    | 0.01%             | 2035-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                   | T-Mobile USA, Inc.                                                                | CUSIP: 87264ACT0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    800000 | PA      | $543550.32    | 0.05%             | 2052-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $278.42       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31402C4G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9404 | PA      | $9636.66      | 0.00%             | 2034-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Honeywell International, Inc.                        | Honeywell International, Inc.                                                     | CUSIP: N/A<br>LEI: ISRPG12PN4EIEOEMW547       | Long             | DBT              | CORP              | US        |    240000 | PA      | $251742.22    | 0.02%             | 2034-11-02      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bank NA                                  | Fifth Third Bank NA                                                               | CUSIP: 31677QBT5<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505026.70    | 0.04%             | 2025-10-27      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 31379KVP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4687 | PA      | $4651.98      | 0.00%             | 2028-01-01      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust          | MF1 Multifamily Housing Mortgage Loan Trust, Series 2021-FL5, Class A             | CUSIP: 55282XAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    376516 | PA      | $366404.66    | 0.03%             | 2036-07-15      | Floating      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    682000 | PA      | $668068.51    | 0.06%             | 2024-08-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                         | Oracle Corp.                                                                      | CUSIP: 68389XAM7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41671.01     | 0.00%             | 2040-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Global Payments, Inc.                                | Global Payments, Inc.                                                             | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    165000 | PA      | $158219.66    | 0.01%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| First Investors Auto Owner Trust                     | First Investors Auto Owner Trust, Series 2021-2A, Class C                         | CUSIP: 32057JAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    290000 | PA      | $265992.35    | 0.02%             | 2027-11-15      | Fixed         | 1.47%                 | Yes           |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                 | BBCMS Mortgage Trust, Series 2020-BID, Class A                                    | CUSIP: 05493BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $320153.21    | 0.03%             | 2037-10-15      | Floating      | 6.46%                 | Yes           |                  2 | On Loan: No      |
| Choice Hotels International, Inc.                    | Choice Hotels International, Inc.                                                 | CUSIP: 169905AF3<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |    900000 | PA      | $783499.77    | 0.07%             | 2029-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFU0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3835900 | PA      | $3855559.75   | 0.32%             | 2027-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140FKHL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2385 | PA      | $2237.47      | 0.00%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Standard Chartered plc                               | Standard Chartered plc                                                            | CUSIP: 853254CJ7<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    290000 | PA      | $275912.76    | 0.02%             | 2026-03-30      | Variable      | 3.97%                 | Yes           |                  2 | On Loan: No      |
| Ludgate Funding plc                                  | Ludgate Funding plc, Series 2007-1, Class A2A                                     | CUSIP: N/A<br>LEI: 213800LADM2GPWI3P269       | Long             | ABS-MBS          | CORP              | GB        |    539404 | PA      | $605732.70    | 0.05%             | 2061-01-01      | Floating      | 3.49%                 | Yes           |                  2 | On Loan: No      |
| Duke Energy Corp.                                    | Duke Energy Corp.                                                                 | CUSIP: 26244JNH8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | STIV             | CORP              | US        |    500000 | PA      | $498840.75    | 0.04%             | 2023-01-17      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Swedbank AB                                          | Swedbank AB, Series NC5                                                           | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | DBT              | CORP              | SE        |    200000 | PA      | $191000.00    | 0.02%             | 2024-09-17      | Variable      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| San Diego Gas & Electric Co.                         | San Diego Gas & Electric Co., Series VVV                                          | CUSIP: 797440BZ6<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    800000 | PA      | $632798.64    | 0.05%             | 2030-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                      | Citigroup, Inc.                                                                   | CUSIP: 172967NG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $451969.45    | 0.04%             | 2028-02-24      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC STACR REMIC Trust, Series 2022-DNA5, Class M1B                              | CUSIP: 35564KYP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    406679 | PA      | $425202.21    | 0.04%             | 2042-06-25      | Floating      | 8.43%                 | Yes           |                  2 | On Loan: No      |
| MortgageIT Mortgage Loan Trust                       | MortgageIT Mortgage Loan Trust, Series 2006-1, Class 1A1                          | CUSIP: 61915RBY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170791 | PA      | $155992.97    | 0.01%             | 2036-04-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| MDC Holdings, Inc.                                   | M.D.C. Holdings, Inc.                                                             | CUSIP: 552676AQ1<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |    162000 | PA      | $132232.50    | 0.01%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust   | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C27, Class ASB    | CUSIP: 61690AAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    444854 | PA      | $433475.34    | 0.04%             | 2047-12-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments II Trust       | Structured Asset Mortgage Investments II Trust, Series 2005-AR5, Class A1         | CUSIP: 86359LPD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     47784 | PA      | $41956.41     | 0.00%             | 2035-07-19      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140E6KU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    327566 | PA      | $296294.74    | 0.02%             | 2045-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130A8XY4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  20000000 | PA      | $18393194.00  | 1.54%             | 2026-09-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BANK                                                 | BANK, Series 2022-BNK40, Class A4                                                 | CUSIP: 06541LBG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $619963.19    | 0.05%             | 2064-03-15      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC             | Avis Budget Rental Car Funding AESOP LLC, Series 2017-2A, Class D                 | CUSIP: 05377REW0<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    137000 | PA      | $136523.06    | 0.01%             | 2024-03-20      | Fixed         | 4.56%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury 10 Year Note                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        85 | NC      | $-22694.57    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2021-HTL5, Class A | CUSIP: 46654PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $765033.60    | 0.06%             | 2038-11-15      | Floating      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Republic of Panama                                   | Republic of Panama                                                                | CUSIP: 698299AK0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    190000 | PA      | $225601.25    | 0.02%             | 2029-04-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| FFCB                                                 | FFCB                                                                              | CUSIP: 3133ENLU2<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  20000000 | PA      | $18739840.00  | 1.57%             | 2025-01-21      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                      | Plains All American Pipeline LP                                                   | CUSIP: 72650RBM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    163000 | PA      | $141699.39    | 0.01%             | 2029-12-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Bellemeade Re Ltd.                                   | Bellemeade Re Ltd., Series 2021-1A, Class M1B                                     | CUSIP: 07876MAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    402735 | PA      | $393032.59    | 0.03%             | 2031-03-25      | Floating      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 3133B6UF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    711648 | PA      | $631089.76    | 0.05%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                     | Comision Federal de Electricidad                                                  | CUSIP: 200447AL4<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | NUSS              | MX        |    222000 | PA      | $195332.25    | 0.02%             | 2029-05-15      | Fixed         | 4.69%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                    | CIFC Funding Ltd., Series 2017-1A, Class AR                                       | CUSIP: 12551AAL9<br>LEI: 549300X1SKS4LNS5LQ62 | Long             | ABS-CBDO         | CORP              | KY        |    749917 | PA      | $742459.49    | 0.06%             | 2029-04-23      | Floating      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140FMWS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    115755 | PA      | $108577.80    | 0.01%             | 2031-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                            | Ford Motor Credit Co. LLC                                                         | CUSIP: N/A<br>LEI: UDSQCVRUX5BONN0VY111       | Long             | DBT              | CORP              | US        |    600000 | PA      | $607643.62    | 0.05%             | 2025-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Funding plc                      | Towd Point Mortgage Funding plc, Series 2020-A14X, Class A                        | CUSIP: N/A<br>LEI: 6354008RRKZLZQWJ8D70       | Long             | ABS-MBS          | CORP              | GB        |   1335418 | PA      | $1584720.22   | 0.13%             | 2045-05-20      | Floating      | 4.34%                 | Yes           |                  2 | On Loan: No      |
| Ready Capital Mortgage Financing LLC                 | Ready Capital Mortgage Financing LLC, Series 2021-FL7, Class A                    | CUSIP: 75575WAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    785996 | PA      | $749549.18    | 0.06%             | 2036-11-25      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Public Service Enterprise Group, Inc.                | Public Service Enterprise Group, Inc.                                             | CUSIP: 744573AV8<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    238000 | PA      | $244897.00    | 0.02%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                  | Synchrony Financial                                                               | CUSIP: 87165BAM5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     46000 | PA      | $41033.53     | 0.00%             | 2027-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                         | Ford Credit Auto Owner Trust, Series 2021-1, Class D                              | CUSIP: 345340AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    245000 | PA      | $210578.97    | 0.02%             | 2033-10-17      | Fixed         | 2.31%                 | Yes           |                  2 | On Loan: No      |
| GLP Capital LP                                       | GLP Capital LP                                                                    | CUSIP: 361841AJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $588000.00    | 0.05%             | 2025-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828B25<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $1251111.24   | 0.10%             | 2024-01-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                           | Aviation Capital Group LLC                                                        | CUSIP: 05369AAK7<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    192000 | PA      | $166242.49    | 0.01%             | 2026-01-30      | Fixed         | 1.95%                 | Yes           |                  2 | On Loan: No      |
| Magnetite XVIII Ltd.                                 | Magnetite XVIII Ltd., Series 2016-18A, Class AR2                                  | CUSIP: 55953TAS6<br>LEI: 549300BDVLRWS2SODX97 | Long             | ABS-CBDO         | CORP              | KY        |    771806 | PA      | $762201.79    | 0.06%             | 2028-11-15      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| BPCRE Ltd.                                           | BPCRE Ltd., Series 2022-FL2, Class A                                              | CUSIP: 05602FAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    600000 | PA      | $595734.84    | 0.05%             | 2037-01-16      | Floating      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31417DRX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107521 | PA      | $100802.61    | 0.01%             | 2042-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                                | Las Vegas Sands Corp.                                                             | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    600000 | PA      | $541313.88    | 0.05%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2012-C6, Class E     | CUSIP: 46634SAM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    189221 | PA      | $141408.35    | 0.01%             | 2045-05-15      | Variable      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, Series 2021-R02, Class 2M1                                                  | CUSIP: 20754KAA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    258725 | PA      | $254022.49    | 0.02%             | 2041-11-25      | Floating      | 4.83%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                     | CCO Holdings LLC                                                                  | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    277000 | PA      | $224311.83    | 0.02%             | 2032-02-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: —       |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3132Y3ZL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    267614 | PA      | $263886.28    | 0.02%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                  | Fifth Third Bancorp                                                               | CUSIP: 316773DJ6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    500000 | PA      | $516363.25    | 0.04%             | 2028-10-27      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO 11 Ltd.                        | Anchorage Capital CLO 11 Ltd., Series 2019-11A, Class AR                          | CUSIP: 03330NAJ3<br>LEI: 549300NPGT86ACOLIL14 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $684476.10    | 0.06%             | 2032-07-22      | Floating      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2700000 | PA      | $2191996.08   | 0.18%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                         | Pacific Gas and Electric Co.                                                      | CUSIP: 694308HP5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    600000 | PA      | $550337.88    | 0.05%             | 2026-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                           | Charles Schwab Corp. (The), Series G                                              | CUSIP: 808513BD6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     69000 | PA      | $67453.13     | 0.01%             | 2025-06-01      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                       | Broadcom, Inc.                                                                    | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     51000 | PA      | $44831.15     | 0.00%             | 2032-04-15      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2016-H11, Class F                                                    | CUSIP: 38375UXM7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    395930 | PA      | $390832.30    | 0.03%             | 2066-05-20      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Brixmor Operating Partnership LP                     | Brixmor Operating Partnership LP                                                  | CUSIP: 11120VAE3<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |    800000 | PA      | $737104.56    | 0.06%             | 2027-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ACREC Ltd.                                           | ACREC Ltd., Series 2021-FL1, Class A                                              | CUSIP: 00500RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $759085.28    | 0.06%             | 2036-10-16      | Floating      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Triangle Re Ltd.                                     | Triangle Re Ltd., Series 2021-3, Class M1A                                        | CUSIP: 89600HAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    142410 | PA      | $141755.19    | 0.01%             | 2034-02-25      | Floating      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140HBFG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    599114 | PA      | $558005.68    | 0.05%             | 2048-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freeport Indonesia PT                                | Freeport Indonesia PT                                                             | CUSIP: 69377FAA4<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    215000 | PA      | $206154.90    | 0.02%             | 2027-04-14      | Fixed         | 4.76%                 | Yes           |                  2 | On Loan: No      |
| Hardee's Funding LLC                                 | Hardee's Funding LLC, Series 2018-1A, Class A23                                   | CUSIP: 411707AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    137167 | PA      | $129222.54    | 0.01%             | 2048-06-20      | Fixed         | 5.71%                 | Yes           |                  2 | On Loan: No      |
| Aviation Capital Group LLC                           | Aviation Capital Group LLC                                                        | CUSIP: 05369AAF8<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     88000 | PA      | $85765.03     | 0.01%             | 2024-01-30      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo & Co.                                    | Wells Fargo & Co., Series BB                                                      | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    114000 | PA      | $99423.96     | 0.01%             | 2026-03-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Bellemeade Re Ltd.                                   | Bellemeade Re Ltd., Series 2019-1A, Class M1B                                     | CUSIP: 07876RAB2<br>LEI: 254900K56RF3Z7VQ3U81 | Long             | ABS-MBS          | CORP              | BM        |     10867 | PA      | $10862.69     | 0.00%             | 2029-03-25      | Floating      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| Nissan Motor Co. Ltd.                                | Nissan Motor Co. Ltd.                                                             | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    800000 | PA      | $680866.88    | 0.06%             | 2030-09-17      | Fixed         | 4.81%                 | Yes           |                  2 | On Loan: No      |
| S&P Global, Inc.                                     | S&P Global, Inc.                                                                  | CUSIP: 78409VAY0<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15832.12     | 0.00%             | 2028-08-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140QN6B3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    474702 | PA      | $405022.35    | 0.03%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Jyske Realkredit A/S                                 | Jyske Realkredit A/S, Series CCE                                                  | CUSIP: N/A<br>LEI: 529900R9HQNZRT2OXB26       | Long             | DBT              | CORP              | DK        |   1888547 | PA      | $196977.51    | 0.02%             | 2053-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Santander UK Group Holdings plc                      | Santander UK Group Holdings plc                                                   | CUSIP: 80281LAS4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    366000 | PA      | $371077.70    | 0.03%             | 2026-11-21      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| WRKCo., Inc.                                         | WRKCo., Inc.                                                                      | CUSIP: 96145DAH8<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |    280000 | PA      | $260893.89    | 0.02%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp.                                | Western Digital Corp.                                                             | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     51000 | PA      | $39898.70     | 0.00%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Cargill, Inc.                                        | Cargill, Inc.                                                                     | CUSIP: 141781BZ6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    144000 | PA      | $145161.50    | 0.01%             | 2032-10-11      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1205.59     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Weibo Corp.                                          | Weibo Corp.                                                                       | CUSIP: 948596AE1<br>LEI: 549300Q9ID4640FE0422 | Long             | DBT              | CORP              | KY        |    577000 | PA      | $439710.06    | 0.04%             | 2030-07-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Ares XL CLO Ltd.                                     | Ares XL CLO Ltd., Series 2016-40A, Class A1RR                                     | CUSIP: 04016GBB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    646314 | PA      | $638205.17    | 0.05%             | 2029-01-15      | Floating      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138X6P58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    394936 | PA      | $382467.64    | 0.03%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                             | JP Morgan Mortgage Trust, Series 2006-A3, Class 6A1                               | CUSIP: 46628KAT7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     21857 | PA      | $20700.15     | 0.00%             | 2034-08-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| KLA Corp.                                            | KLA Corp.                                                                         | CUSIP: 482480AG5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     58000 | PA      | $56007.14     | 0.00%             | 2029-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                    | Wells Fargo & Co.                                                                 | CUSIP: 95000U2X0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $388954.68    | 0.03%             | 2026-04-25      | Variable      | 3.91%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp.                             | Marathon Petroleum Corp.                                                          | CUSIP: 56585AAF9<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     72000 | PA      | $74636.55     | 0.01%             | 2041-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bear Stearns ALT-A Trust                             | Bear Stearns ALT-A Trust, Series 2006-4, Class 21A1                               | CUSIP: 073871AN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42675 | PA      | $28032.01     | 0.00%             | 2036-08-25      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                  | Fifth Third Bancorp, Series L                                                     | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     86000 | PA      | $79657.50     | 0.01%             | 2025-09-30      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 36180NWH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    124610 | PA      | $113949.25    | 0.01%             | 2043-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bellemeade Re Ltd.                                   | Bellemeade Re Ltd., Series 2022-1, Class M1B                                      | CUSIP: 078774AB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    164385 | PA      | $156525.92    | 0.01%             | 2032-01-26      | Floating      | 6.08%                 | Yes           |                  2 | On Loan: No      |
| CDBL Funding 1                                       | CDBL Funding 1                                                                    | CUSIP: N/A<br>LEI: 254900PLOF8VWTAH3F83       | Long             | DBT              | CORP              | KY        |    250000 | PA      | $228755.00    | 0.02%             | 2027-10-24      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Alternative Loan Trust                               | Alternative Loan Trust, Series 2007-14T2, Class A1                                | CUSIP: 02150BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    373550 | PA      | $197301.98    | 0.02%             | 2037-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-230186.23   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                             | Lloyds Banking Group plc                                                          | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | DBT              | CORP              | GB        |   1300000 | PA      | $853019.95    | 0.07%             | 2025-03-07      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                  | Synchrony Financial                                                               | CUSIP: 87165BAR4<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    216000 | PA      | $162282.57    | 0.01%             | 2031-10-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Standard Chartered plc                               | Standard Chartered plc                                                            | CUSIP: 853254CF5<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $680095.75    | 0.06%             | 2025-11-23      | Floating      | 5.25%                 | Yes           |                  2 | On Loan: —       |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $4606.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                               | Alternative Loan Trust, Series 2006-OA22, Class A1                                | CUSIP: 23245PAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     79285 | PA      | $67120.40     | 0.01%             | 2047-02-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Federation des Caisses Desjardins du Quebec          | Federation des Caisses Desjardins du Quebec                                       | CUSIP: 31429KAH6<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    267000 | PA      | $255076.61    | 0.02%             | 2027-08-23      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: —       |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8844900 | PA      | $8809569.05   | 0.74%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CLNC Ltd.                                            | CLNC Ltd., Series 2019-FL1, Class A                                               | CUSIP: 12565DAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    288720 | PA      | $281562.38    | 0.02%             | 2035-08-20      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2147.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States Small Business Administration          | United States Small Business Administration, Series 2004-20A, Class 1             | CUSIP: 83162CNM1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1912 | PA      | $1913.25      | 0.00%             | 2024-01-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| AREIT Trust                                          | AREIT Trust, Series 2022-CRE6, Class A                                            | CUSIP: 04002VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    511469 | PA      | $488420.61    | 0.04%             | 2037-01-16      | Floating      | 5.08%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 3617MFSQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    165963 | PA      | $153800.97    | 0.01%             | 2050-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co.                                | Appalachian Power Co., Series AA                                                  | CUSIP: 037735CZ8<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    800000 | PA      | $661241.60    | 0.06%             | 2031-04-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Carlyle US CLO Ltd.                                  | Carlyle US CLO Ltd., Series 2017-1A, Class A1R                                    | CUSIP: 14314BAL1<br>LEI: 549300VZ0HS3D307K776 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $784788.80    | 0.07%             | 2031-04-20      | Floating      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Pacific Gas & Electric Co.                           | Pacific Gas and Electric Co.                                                      | CUSIP: 694308HM2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    700000 | PA      | $661455.76    | 0.06%             | 2025-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                          | Nationwide Building Society                                                       | CUSIP: 63861VAF4<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    385000 | PA      | $338807.05    | 0.03%             | 2028-02-16      | Variable      | 2.97%                 | Yes           |                  2 | On Loan: No      |
| Aqueduct European CLO DAC                            | Aqueduct European CLO DAC, Series 2017-1A, Class AR                               | CUSIP: N/A<br>LEI: 635400YJYBL2NFWMSU86       | Long             | ABS-CBDO         | CORP              | IE        |    717892 | PA      | $749967.12    | 0.06%             | 2030-07-20      | Floating      | 2.10%                 | Yes           |                  2 | On Loan: No      |
| Odebrecht Drilling Norbe VIII/IX Ltd.                | Odebrecht Drilling Norbe VIII/IX Ltd.                                             | CUSIP: N/A<br>LEI: 549300YNW6BY570L6488       | Long             | DBT              | CORP              | KY        |    257714 | PA      | $139895.74    | 0.01%             | 2026-12-01      | Fixed         | 7.35%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140JXTG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    237065 | PA      | $220150.41    | 0.02%             | 2049-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                               | Sequoia Mortgage Trust, Series 2003-4, Class 2A1                                  | CUSIP: 81743PBW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10857 | PA      | $9841.04      | 0.00%             | 2033-07-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| STWD Ltd.                                            | STWD Ltd., Series 2022-FL3, Class A                                               | CUSIP: 78485KAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $766262.88    | 0.06%             | 2038-11-15      | Floating      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Zoetis, Inc.                                         | Zoetis, Inc.                                                                      | CUSIP: 98978VAU7<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    205000 | PA      | $209013.08    | 0.02%             | 2025-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Ready Capital Mortgage Financing LLC                 | Ready Capital Mortgage Financing LLC, Series 2022-FL10, Class A                   | CUSIP: 755931AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    599148 | PA      | $595844.85    | 0.05%             | 2039-10-25      | Floating      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                              | Level 3 Financing, Inc.                                                           | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    700000 | PA      | $550088.00    | 0.05%             | 2029-11-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp.            | Westinghouse Air Brake Technologies Corp.                                         | CUSIP: 960386AN0<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    185000 | PA      | $182114.80    | 0.02%             | 2024-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                   | Banco Santander SA                                                                | CUSIP: 05964HAF2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $181469.64    | 0.02%             | 2028-02-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $73993.39     | 0.01%             | 2051-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Suncor Energy, Inc.                                  | Suncor Energy, Inc.                                                               | CUSIP: 71644EAJ1<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |    239000 | PA      | $251208.22    | 0.02%             | 2038-05-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Co. Ltd.                                | Nissan Motor Co. Ltd.                                                             | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    600000 | PA      | $556595.88    | 0.05%             | 2025-09-17      | Fixed         | 3.52%                 | Yes           |                  2 | On Loan: No      |
| Stratus CLO Ltd.                                     | Stratus CLO Ltd., Series 2021-2A, Class A                                         | CUSIP: 86315TAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    711947 | PA      | $703340.98    | 0.06%             | 2029-12-28      | Floating      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| Go Mortgage LLC                                      | Go Mortgage LLC                                                                   | CUSIP: 36261CAA9<br>LEI: 25490018IFQOT83Q7H49 | Long             | ABS-O            | CORP              | US        |    121863 | PA      | $113223.52    | 0.01%             | 2026-08-15      | Variable      | 1.43%                 | No            |                  2 | On Loan: No      |
| United Auto Credit Securitization Trust              | United Auto Credit Securitization Trust, Series 2022-2, Class A                   | CUSIP: 90944KAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    182851 | PA      | $181671.43    | 0.02%             | 2025-04-10      | Fixed         | 4.39%                 | Yes           |                  2 | On Loan: No      |
| Go Mortgage LLC                                      | Go Mortgage LLC                                                                   | CUSIP: 36261CAC5<br>LEI: 25490018IFQOT83Q7H49 | Long             | ABS-O            | CORP              | US        |    176000 | PA      | $165593.30    | 0.01%             | 2026-08-15      | Variable      | 2.44%                 | No            |                  2 | On Loan: No      |
| TICP CLO III-2 Ltd.                                  | TICP CLO III-2 Ltd., Series 2018-3R, Class A                                      | CUSIP: 87249FAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    185802 | PA      | $185169.41    | 0.02%             | 2028-04-20      | Floating      | 5.08%                 | Yes           |                  2 | On Loan: No      |
| Harley-Davidson Financial Services, Inc.             | Harley-Davidson Financial Services, Inc.                                          | CUSIP: 41283LBA2<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |    279000 | PA      | $249044.86    | 0.02%             | 2027-02-14      | Fixed         | 3.05%                 | Yes           |                  2 | On Loan: No      |
| GLP Capital LP                                       | GLP Capital LP                                                                    | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $159703.90    | 0.01%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Corporate Office Properties LP                       | Corporate Office Properties LP                                                    | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |    700000 | PA      | $615741.35    | 0.05%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                     | Amazon.com, Inc.                                                                  | CUSIP: 023135CP9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    309000 | PA      | $307847.43    | 0.03%             | 2027-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas NC Storm Funding LLC           | Duke Energy Carolinas NC Storm Funding LLC, Series A-2                            | CUSIP: 26443KAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    154000 | PA      | $112022.97    | 0.01%             | 2041-07-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Harvest CLO XXII DAC                                 | Harvest CLO XXII DAC, Series 22A, Class AR                                        | CUSIP: N/A<br>LEI: 635400MYQ7BBH2H3RR48       | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $720063.25    | 0.06%             | 2032-01-15      | Floating      | 2.23%                 | Yes           |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                            | Nelnet Student Loan Trust, Series 2021-CA, Class B                                | CUSIP: 64035GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    147147 | PA      | $116292.00    | 0.01%             | 2062-04-20      | Fixed         | 2.53%                 | Yes           |                  2 | On Loan: No      |
| JetBlue Pass-Through Trust                           | JetBlue Pass-Through Trust, Series 2020-1, Class A                                | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    782213 | PA      | $684691.92    | 0.06%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCM XV LP                                            | LCM XV LP, Series 15A, Class AR2                                                  | CUSIP: 50184NAR3<br>LEI: 549300HV40B88JRNJD93 | Long             | ABS-CBDO         | CORP              | KY        |    770531 | PA      | $758852.55    | 0.06%             | 2030-07-20      | Floating      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3128M43N1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21836 | PA      | $22408.66     | 0.00%             | 2035-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140MA4D3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    366208 | PA      | $312682.06    | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 3133B93N2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    554898 | PA      | $473446.58    | 0.04%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Eurosail-UK plc                                      | Eurosail-UK plc, Series 2007-4X, Class A3                                         | CUSIP: N/A<br>LEI: 213800KHTEEB5PS3G589       | Long             | ABS-MBS          | CORP              | GB        |    579337 | PA      | $674101.75    | 0.06%             | 2045-06-13      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Credit Suisse AG                                     | Credit Suisse AG                                                                  | CUSIP: 22550L2J9<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |    600000 | PA      | $573945.78    | 0.05%             | 2024-08-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                 | Charter Communications Operating LLC                                              | CUSIP: 161175CD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $642000.00    | 0.05%             | 2029-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Tampa Electric Co.                                   | Tampa Electric Co.                                                                | CUSIP: 87513MNC8<br>LEI: WS423EPRKJIIJUITXD73 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499166.56    | 0.04%             | 2023-01-12      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Lowe's Cos., Inc.                                    | Lowe's Cos., Inc.                                                                 | CUSIP: 548661EN3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    195000 | PA      | $188205.46    | 0.02%             | 2062-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-11775.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MVW LLC                                              | MVW LLC, Series 2021-2A, Class B                                                  | CUSIP: 55400KAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    138847 | PA      | $125017.42    | 0.01%             | 2039-05-20      | Fixed         | 1.83%                 | Yes           |                  2 | On Loan: No      |
| Continental Resources, Inc.                          | Continental Resources, Inc.                                                       | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    868000 | PA      | $809896.86    | 0.07%             | 2031-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust                       | Adjustable Rate Mortgage Trust, Series 2005-5, Class 2A1                          | CUSIP: 007036LJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     34629 | PA      | $29076.74     | 0.00%             | 2035-09-25      | Variable      | 3.36%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                       | Broadcom, Inc.                                                                    | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    769000 | PA      | $613959.99    | 0.05%             | 2034-04-15      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| Nissan Motor Acceptance Co. LLC                      | Nissan Motor Acceptance Co. LLC                                                   | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    800000 | PA      | $646540.24    | 0.05%             | 2028-03-09      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Ludgate Funding plc                                  | Ludgate Funding plc, Series 2008-W1X, Class A1                                    | CUSIP: N/A<br>LEI: 213800LADM2GPWI3P269       | Long             | ABS-MBS          | CORP              | GB        |     81183 | PA      | $93405.84     | 0.01%             | 2061-01-01      | Floating      | 3.93%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31416YT81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1350 | PA      | $1339.93      | 0.00%             | 2041-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $78460.79     | 0.01%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                                | Las Vegas Sands Corp.                                                             | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    381000 | PA      | $326195.17    | 0.03%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                           | Aviation Capital Group LLC                                                        | CUSIP: 05369AAH4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    255000 | PA      | $248645.20    | 0.02%             | 2024-12-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                | Mission Lane Credit Card Master Trust, Series 2021-A, Class A                     | CUSIP: 60510MAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $96495.03     | 0.01%             | 2026-09-15      | Fixed         | 1.59%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $332374.88    | 0.03%             | 2045-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 3133KNWY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1093282 | PA      | $898374.11    | 0.08%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Avangrid, Inc.                                       | Avangrid, Inc.                                                                    | CUSIP: 05351WAB9<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |    900000 | PA      | $819312.93    | 0.07%             | 2029-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Apple, Inc.                                          | Apple, Inc.                                                                       | CUSIP: 037833ER7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    202000 | PA      | $171021.12    | 0.01%             | 2062-08-08      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                      | Goldman Sachs Group, Inc. (The)                                                   | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    700000 | PA      | $710169.32    | 0.06%             | 2027-10-28      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Var Energi ASA                                       | Var Energi ASA                                                                    | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    237000 | PA      | $245051.39    | 0.02%             | 2032-11-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 31412EJ72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42811 | PA      | $42632.73     | 0.00%             | 2037-02-01      | Variable      | 1.83%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3249400 | PA      | $2841854.40   | 0.24%             | 2029-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10200000 | PA      | $6678947.76   | 0.56%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Ochsner LSU Health System of North Louisiana         | Ochsner LSU Health System of North Louisiana, Series 2021                         | CUSIP: 67555JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $176175.50    | 0.01%             | 2031-05-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: —       |
| Prestige Auto Receivables Trust                      | Prestige Auto Receivables Trust, Series 2022-1A, Class A2                         | CUSIP: 74113RAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    166000 | PA      | $165680.57    | 0.01%             | 2025-07-15      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury Ultra Bond                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -35 | NC      | $-10715.49    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Mortgage Asset Trust                          | Legacy Mortgage Asset Trust, Series 2020-GS1, Class A1                            | CUSIP: 52474PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    539289 | PA      | $535981.96    | 0.04%             | 2059-10-25      | Variable      | 2.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Euro-OAT                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -3 | NC      | $28224.21     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 313384BC2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | STIV             | USGA              | US        |   2500000 | PA      | $2493092.75   | 0.21%             | 2023-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140Q8QG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    729428 | PA      | $679606.34    | 0.06%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lendmark Funding Trust                               | Lendmark Funding Trust, Series 2021-1A, Class A                                   | CUSIP: 52607MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $675835.76    | 0.06%             | 2031-11-20      | Fixed         | 1.90%                 | Yes           |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                              | GSR Mortgage Loan Trust, Series 2005-8F, Class 4A1                                | CUSIP: 362341WE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    350389 | PA      | $164474.21    | 0.01%             | 2035-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Verizon Communications, Inc.                         | Verizon Communications, Inc.                                                      | CUSIP: 92343VGJ7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    900000 | PA      | $742859.28    | 0.06%             | 2031-03-21      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust, Series 2021-230P, Class A                         | CUSIP: 61772WAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $764196.88    | 0.06%             | 2023-12-15      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Venture XVII CLO Ltd.                                | Venture XVII CLO Ltd., Series 2014-17A, Class ARR                                 | CUSIP: 92329YAL0<br>LEI: 549300SNYYGJ2M6QEK53 | Long             | ABS-CBDO         | CORP              | KY        |    546742 | PA      | $540179.10    | 0.05%             | 2027-04-15      | Floating      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| S&P Global, Inc.                                     | S&P Global, Inc.                                                                  | CUSIP: 78409VAZ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     71000 | PA      | $67964.00     | 0.01%             | 2029-05-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31402RRN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10746 | PA      | $10834.91     | 0.00%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                    | HSBC Holdings plc                                                                 | CUSIP: 404280DQ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    418000 | PA      | $434745.16    | 0.04%             | 2026-11-03      | Variable      | 7.34%                 | No            |                  2 | On Loan: No      |
| Eagle RE Ltd.                                        | Eagle RE Ltd., Series 2021-2, Class M1B                                           | CUSIP: 26982AAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    157512 | PA      | $153387.17    | 0.01%             | 2034-04-25      | Floating      | 5.98%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                              | FHLMC STACR REMIC Trust, Series 2022-DNA1, Class M1B                              | CUSIP: 35564KPV5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    205377 | PA      | $194876.38    | 0.02%             | 2042-01-25      | Floating      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                         | Pacific Gas and Electric Co.                                                      | CUSIP: 694308JP3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    600000 | PA      | $556944.90    | 0.05%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130AQF40<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  30000000 | PA      | $28023957.00  | 2.34%             | 2024-12-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31385XJW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24123 | PA      | $24684.98     | 0.00%             | 2033-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                           | Charles Schwab Corp. (The), Series I                                              | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    326000 | PA      | $280542.40    | 0.02%             | 2026-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                    | Duke Energy Corp.                                                                 | CUSIP: 26244JNB1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499234.50    | 0.04%             | 2023-01-11      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo & Co.                                    | Wells Fargo & Co.                                                                 | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83441.87     | 0.01%             | 2028-05-22      | Variable      | 3.58%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 3132DNA94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    368014 | PA      | $315489.39    | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ripon Mortgages plc                                  | Ripon Mortgages plc, Series 1RA, Class A                                          | CUSIP: N/A<br>LEI: 213800MQYZ3GZ4HK1I88       | Long             | ABS-MBS          | CORP              | GB        |   1894520 | PA      | $2252673.55   | 0.19%             | 2056-08-28      | Floating      | 4.14%                 | Yes           |                  2 | On Loan: No      |
| Impac Secured Assets CMN Owner Trust                 | Impac Secured Assets CMN Owner Trust, Series 2005-1, Class 5A1                    | CUSIP: 45254TRS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    171346 | PA      | $116696.15    | 0.01%             | 2035-07-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128282N9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9622398.00   | 0.80%             | 2024-07-31      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| BFLD Trust                                           | BFLD Trust, Series 2020-EYP, Class A                                              | CUSIP: 05493AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $760051.92    | 0.06%             | 2035-10-15      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| Albertsons Cos., Inc.                                | Albertsons Cos., Inc.                                                             | CUSIP: 013092AD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    298000 | PA      | $295020.00    | 0.02%             | 2023-02-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp.                                     | CVS Health Corp.                                                                  | CUSIP: 126650DR8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    800000 | PA      | $637048.80    | 0.05%             | 2031-09-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: —       |
| American Tower Corp.                                 | American Tower Corp.                                                              | CUSIP: 03027XBV1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    144000 | PA      | $134706.47    | 0.01%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                  | Realty Income Corp.                                                               | CUSIP: 756109BE3<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495473.15    | 0.04%             | 2025-11-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 36225CC87<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       242 | PA      | $234.40       | 0.00%             | 2027-07-20      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                            | Toyota Motor Credit Corp.                                                         | CUSIP: 89236TKM6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300471.12    | 0.03%             | 2023-12-11      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                           | Aviation Capital Group LLC                                                        | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     38000 | PA      | $33200.71     | 0.00%             | 2027-11-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| NXP BV                                               | NXP BV                                                                            | CUSIP: 62947QBC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    131000 | PA      | $131532.19    | 0.01%             | 2028-12-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2012-LC9, Class E    | CUSIP: 46639EAP6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    455400 | PA      | $394728.65    | 0.03%             | 2047-12-15      | Variable      | 4.06%                 | Yes           |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                | Dominion Energy, Inc., Series C                                                   | CUSIP: 25746UDL0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    800000 | PA      | $635039.60    | 0.05%             | 2031-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: —       |
| CSC Holdings LLC                                     | CSC Holdings LLC                                                                  | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    500000 | PA      | $403125.00    | 0.03%             | 2028-02-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bills                                                               | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    300000 | PA      | $296928.99    | 0.02%             | 2023-03-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd.                                   | Elevation CLO Ltd., Series 2020-11A, Class C                                      | CUSIP: 28621YAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $227667.25    | 0.02%             | 2033-04-15      | Floating      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140M2QB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    863432 | PA      | $765691.61    | 0.06%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PMT Credit Risk Transfer Trust                       | PMT Credit Risk Transfer Trust, Series 2019-2R, Class A                           | CUSIP: 69345WAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     39946 | PA      | $38228.63     | 0.00%             | 2023-05-27      | Floating      | 7.14%                 | Yes           |                  2 | On Loan: No      |
| MetLife Capital Trust IV                             | MetLife Capital Trust IV                                                          | CUSIP: 591560AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    192000 | PA      | $207360.00    | 0.02%             | 2037-12-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Extended Stay America Trust                          | Extended Stay America Trust, Series 2021-ESH, Class A                             | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    780954 | PA      | $758602.41    | 0.06%             | 2038-07-15      | Floating      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3132Y3BL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    147684 | PA      | $145615.18    | 0.01%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                        | Citigroup Mortgage Loan Trust, Series 2005-3, Class 2A2A                          | CUSIP: 17307GTJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4878 | PA      | $4669.85      | 0.00%             | 2035-08-25      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    469000 | PA      | $360674.18    | 0.03%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets America, Inc.                     | BP Capital Markets America, Inc.                                                  | CUSIP: 10373QBP4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    518000 | PA      | $344434.67    | 0.03%             | 2051-06-04      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| HP, Inc.                                             | HP, Inc.                                                                          | CUSIP: 40434LAN5<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    342000 | PA      | $323158.84    | 0.03%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Prosus NV                                            | Prosus NV                                                                         | CUSIP: 74365PAD0<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    215000 | PA      | $136363.75    | 0.01%             | 2050-08-03      | Fixed         | 4.03%                 | Yes           |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                         | Santander Holdings USA, Inc.                                                      | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    926000 | PA      | $797163.03    | 0.07%             | 2028-01-06      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| Neighborly Issuer LLC                                | Neighborly Issuer LLC, Series 2021-1A, Class A2                                   | CUSIP: 64016NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    134228 | PA      | $106045.84    | 0.01%             | 2051-04-30      | Fixed         | 3.58%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $844276.05    | 0.07%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 3617MFXY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     20317 | PA      | $18828.50     | 0.00%             | 2050-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Euro-BTP                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -4 | NC      | $34359.63     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Suisse Group AG                               | Credit Suisse Group AG                                                            | CUSIP: 225401AJ7<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $159000.00    | 0.01%             | 2023-07-17      | Variable      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, Series 2014-C04, Class 1M2                                                  | CUSIP: 30711XAP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |     74174 | PA      | $76104.45     | 0.01%             | 2024-11-25      | Floating      | 9.29%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1456400 | PA      | $936460.69    | 0.08%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                               | Alternative Loan Trust, Series 2005-J12, Class 2A1                                | CUSIP: 12668ASY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    410042 | PA      | $223384.41    | 0.02%             | 2035-08-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| City of New York                                     | City of New York, General Obligation Bonds, Series D                              | CUSIP: 64966QRQ5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    205000 | PA      | $158549.46    | 0.01%             | 2031-08-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, 30 Year, Single Family                                                      | CUSIP: 01F032617<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  11500000 | PA      | $10476679.40  | 0.88%             | 2053-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Spirit Realty LP                                     | Spirit Realty LP                                                                  | CUSIP: 84861TAF5<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              | CORP              | US        |    800000 | PA      | $670357.52    | 0.06%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                     | IndyMac INDX Mortgage Loan Trust, Series 2006-AR39, Class A1                      | CUSIP: 45660KAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    426415 | PA      | $372903.13    | 0.03%             | 2037-02-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 42 Ltd.           | Neuberger Berman Loan Advisers CLO 42 Ltd., Series 2021-42A, Class A              | CUSIP: 64133WAA3<br>LEI: 549300LGCRX4YI1JNS93 | Long             | ABS-CBDO         | CORP              | KY        |    469642 | PA      | $458236.27    | 0.04%             | 2035-07-16      | Floating      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810QS0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     94000 | PA      | $89854.02     | 0.01%             | 2041-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp.                         | American Water Capital Corp.                                                      | CUSIP: 03040WAU9<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     72000 | PA      | $65990.84     | 0.01%             | 2029-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| AGL CLO 12 Ltd.                                      | AGL CLO 12 Ltd., Series 2021-12A, Class A1                                        | CUSIP: 00120BAA8<br>LEI: 54930005OE1IFBESDA27 | Long             | ABS-CBDO         | CORP              | KY        |    398434 | PA      | $388359.99    | 0.03%             | 2034-07-20      | Floating      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| WaMu Mortgage Pass-Through Certificates Trust        | WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR9, Class 1A          | CUSIP: 93363DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     73511 | PA      | $66999.93     | 0.01%             | 2046-08-25      | Floating      | 3.05%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp.                                | Parker-Hannifin Corp.                                                             | CUSIP: 701094AS3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    177000 | PA      | $171035.99    | 0.01%             | 2029-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EQT Corp.                                            | EQT Corp.                                                                         | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     81000 | PA      | $80757.00     | 0.01%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    627300 | PA      | $581289.87    | 0.05%             | 2043-08-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810QE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $216014.44    | 0.02%             | 2040-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                          | Nationwide Building Society                                                       | CUSIP: 63861VAA5<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $995063.00    | 0.08%             | 2024-03-08      | Variable      | 3.77%                 | Yes           |                  2 | On Loan: No      |
| Micron Technology, Inc.                              | Micron Technology, Inc.                                                           | CUSIP: 595112BM4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    700000 | PA      | $689710.14    | 0.06%             | 2026-02-06      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    571800 | PA      | $463278.31    | 0.04%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GNR                                                  | GNR                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    300000 | PA      | $300293.24    | 0.03%             | 2073-01-20      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| American Airlines Pass-Through Trust                 | American Airlines Pass-Through Trust, Series 2021-1, Class A                      | CUSIP: 02379KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $640416.16    | 0.05%             | 2034-07-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO XII Ltd.                             | Sound Point CLO XII Ltd., Series 2016-2A, Class AR2                               | CUSIP: 83610CAW1<br>LEI: 549300EBWPUX52MGF160 | Long             | ABS-CBDO         | CORP              | KY        |    490388 | PA      | $485879.69    | 0.04%             | 2028-10-20      | Floating      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                         | Mizuho Financial Group, Inc.                                                      | CUSIP: 60687YCL1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    257000 | PA      | $256736.04    | 0.02%             | 2028-09-13      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp.                             | Marathon Petroleum Corp.                                                          | CUSIP: 56585ABC5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    229000 | PA      | $227767.09    | 0.02%             | 2026-12-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                 | Republic of Colombia                                                              | CUSIP: 195325DS1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    235000 | PA      | $174164.38    | 0.01%             | 2031-04-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                      | Citigroup, Inc., Series W                                                         | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    139000 | PA      | $121085.68    | 0.01%             | 2025-12-10      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| AT&T, Inc.                                           | AT&T, Inc.                                                                        | CUSIP: 00206RCP5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    700000 | PA      | $640289.30    | 0.05%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                            | Nelnet Student Loan Trust, Series 2021-DA, Class B                                | CUSIP: 64034YAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    132000 | PA      | $107121.51    | 0.01%             | 2062-04-20      | Fixed         | 2.90%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20097700 | PA      | $18545602.86  | 1.55%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31410F4V4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11211 | PA      | $11301.94     | 0.00%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| McCormick & Co., Inc.                                | McCormick & Co., Inc.                                                             | CUSIP: 57978DNT2<br>LEI: 549300JQQA6MQ4OJP259 | Long             | STIV             | CORP              | US        |    500000 | PA      | $498173.00    | 0.04%             | 2023-01-27      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Nissan Motor Co. Ltd.                                | Nissan Motor Co. Ltd.                                                             | CUSIP: N/A<br>LEI: 353800DRBDH1LUTNAY26       | Long             | DBT              | CORP              | JP        |    600000 | PA      | $560676.47    | 0.05%             | 2028-09-17      | Fixed         | 3.20%                 | Yes           |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                            | Nelnet Student Loan Trust, Series 2021-BA, Class B                                | CUSIP: 64034QAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $80683.33     | 0.01%             | 2062-04-20      | Fixed         | 2.68%                 | Yes           |                  2 | On Loan: No      |
| HFX Funding Issuer LLC                               | HFX Funding Issuer LLC                                                            | CUSIP: 40422GAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $278410.62    | 0.02%             | 2035-03-15      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Mortgage Funding Trust                  | Bear Stearns Mortgage Funding Trust, Series 2006-AR5, Class 1A1                   | CUSIP: 07401NAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    316135 | PA      | $266134.11    | 0.02%             | 2046-12-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust           | BAMLL Commercial Mortgage Securities Trust, Series 2017-SCH, Class AF             | CUSIP: 054966AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    565000 | PA      | $531449.40    | 0.04%             | 2033-11-15      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| DOLP Trust                                           | DOLP Trust, Series 2021-NYC, Class A                                              | CUSIP: 23345LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $799559.10    | 0.07%             | 2041-05-10      | Fixed         | 2.96%                 | Yes           |                  2 | On Loan: No      |
| Banc of America Funding Trust                        | Banc of America Funding Trust, Series 2006-J, Class 4A1                           | CUSIP: 05951EAM9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5158 | PA      | $4694.21      | 0.00%             | 2047-01-20      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 31370Q6L8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7834 | PA      | $7388.47      | 0.00%             | 2033-03-01      | Variable      | 2.37%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Trust                        | Banc of America Funding Trust, Series 2006-H, Class 4A2                           | CUSIP: 05950PAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     86259 | PA      | $74037.91     | 0.01%             | 2046-09-20      | Variable      | 3.57%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                     | Republic of Peru                                                                  | CUSIP: 715638AY8<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   2000000 | PA      | $550918.55    | 0.05%             | 2026-08-12      | Fixed         | 8.20%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    483700 | PA      | $402741.29    | 0.03%             | 2044-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130ATT23<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |   5000000 | PA      | $5000179.50   | 0.42%             | 2023-03-06      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| TSMC Arizona Corp.                                   | TSMC Arizona Corp.                                                                | CUSIP: 872898AF8<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    283000 | PA      | $270494.94    | 0.02%             | 2027-04-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ENA Master Trust                                     | ENA Master Trust                                                                  | CUSIP: 29249BAA3<br>LEI: 549300CBCHB6Q73VG753 | Long             | DBT              | CORP              | PA        |    206000 | PA      | $138148.75    | 0.01%             | 2048-05-19      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Terraform Global Operating LP                        | Terraform Global Operating LP                                                     | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |     26000 | PA      | $24277.50     | 0.00%             | 2026-03-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Structured Agency Credit Risk Debt Notes       | FHLMC STACR REMIC Trust, Series 2022-DNA2, Class M1B                              | CUSIP: 35564KRF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    291972 | PA      | $283947.97    | 0.02%             | 2042-02-25      | Floating      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Tesco Property Finance 5 plc                         | Tesco Property Finance 5 plc                                                      | CUSIP: N/A<br>LEI: 213800BN1HYPUZMXAF92       | Long             | DBT              | CORP              | GB        |    479180 | PA      | $532760.57    | 0.04%             | 2041-10-13      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| Avant Loans Funding Trust                            | Avant Loans Funding Trust, Series 2021-REV1, Class A                              | CUSIP: 05353LAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475000 | PA      | $452430.42    | 0.04%             | 2030-07-15      | Fixed         | 1.21%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury Ultra Bond                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        40 | NC      | $-112684.20   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix, Inc.                                       | SK Hynix, Inc.                                                                    | CUSIP: 78392BAC1<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    323000 | PA      | $236859.94    | 0.02%             | 2031-01-19      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| Bellemeade Re Ltd.                                   | Bellemeade Re Ltd., Series 2019-3A, Class M1B                                     | CUSIP: 07877GAB5<br>LEI: 254900SCWI9IDKK5LV64 | Long             | ABS-MBS          | CORP              | BM        |     22199 | PA      | $22188.35     | 0.00%             | 2029-07-25      | Floating      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140QLGX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1133971 | PA      | $930745.53    | 0.08%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Affirm Asset Securitization Trust                    | Affirm Asset Securitization Trust, Series 2022-X1, Class A                        | CUSIP: 00834HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    140825 | PA      | $136883.42    | 0.01%             | 2027-02-15      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Bank AG                                     | Deutsche Bank AG                                                                  | CUSIP: 251526CB3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   2020000 | PA      | $1931367.25   | 0.16%             | 2025-11-26      | Variable      | 3.96%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CDX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $471288.00    | 0.04%             | 2032-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | 3 Month Eurodollar                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -70 | NC      | $-246750.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Bear Stearns Structured Products, Inc. Trust         | Bear Stearns Structured Products, Inc. Trust, Series 2007-R6, Class 1A1           | CUSIP: 07402FAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42912 | PA      | $34073.67     | 0.00%             | 2036-01-26      | Variable      | 3.52%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                  | Connecticut Avenue Securities Trust, Series 2022-R01, Class 1M2                   | CUSIP: 20754LAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    388764 | PA      | $369183.24    | 0.03%             | 2041-12-25      | Floating      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Micron Technology, Inc.                              | Micron Technology, Inc.                                                           | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    333000 | PA      | $338919.57    | 0.03%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, 30 Year, Single Family                                                      | CUSIP: 01F030611<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  41955593 | PA      | $36937309.69  | 3.09%             | 2053-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 3135G0V34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   3545000 | PA      | $3459888.80   | 0.29%             | 2024-02-05      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 3617JDES4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     95289 | PA      | $88455.12     | 0.01%             | 2049-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                         | MassMutual Global Funding II                                                      | CUSIP: 57629WDL1<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |    500000 | PA      | $501990.25    | 0.04%             | 2027-12-07      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| AB Issuer LLC                                        | AB Issuer LLC, Series 2021-1, Class A2                                            | CUSIP: 00091JAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    340428 | PA      | $270957.14    | 0.02%             | 2051-07-30      | Fixed         | 3.73%                 | Yes           |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC              | Mercedes-Benz Finance North America LLC                                           | CUSIP: 58768KNW1<br>LEI: 549300423Z16BB673J12 | Long             | STIV             | CORP              | US        |    500000 | PA      | $497969.93    | 0.04%             | 2023-01-30      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Devon Energy Corp.                                   | Devon Energy Corp.                                                                | CUSIP: 25179MAL7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    210000 | PA      | $197415.35    | 0.02%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp.                   | CenterPoint Energy Resources Corp.                                                | CUSIP: 15189WAN0<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |    516000 | PA      | $515709.60    | 0.04%             | 2023-03-02      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury 2 Year Note                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        89 | NC      | $8693.23      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayer US Finance II LLC                              | Bayer US Finance II LLC                                                           | CUSIP: 07274NAJ2<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $970816.80    | 0.08%             | 2025-12-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                       | Broadcom, Inc.                                                                    | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    192000 | PA      | $167290.29    | 0.01%             | 2037-05-15      | Fixed         | 4.93%                 | Yes           |                  2 | On Loan: No      |
| Prosus NV                                            | Prosus NV                                                                         | CUSIP: 74365PAG3<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    237000 | PA      | $212707.50    | 0.02%             | 2027-01-19      | Fixed         | 3.26%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2022-H26, Class DF                                                   | CUSIP: 38382YJ20<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    300000 | PA      | $300371.64    | 0.03%             | 2072-12-20      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Enbridge US, Inc.                                    | Enbridge US, Inc.                                                                 | CUSIP: 29251VN93<br>LEI: 5493003FRODSVHJWFS32 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499338.47    | 0.04%             | 2023-01-09      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury Long Bond                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -44 | NC      | $-1781.21     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.                    | Philip Morris International, Inc.                                                 | CUSIP: 718172CU1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    183000 | PA      | $183864.49    | 0.02%             | 2025-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                               | Alternative Loan Trust, Series 2006-OC7, Class 2A2A                               | CUSIP: 23243VAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |         2 | PA      | $0.00         | 0.00%             | 2046-07-25      | Floating      | 4.73%                 | No            |                  3 | On Loan: No      |
| United Airlines Pass-Through Trust                   | United Airlines Pass-Through Trust, Series 2020-1, Class A                        | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    711345 | PA      | $700745.96    | 0.06%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Euro-Buxl                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -3 | NC      | $81595.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 3133KGXA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    212448 | PA      | $197290.08    | 0.02%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes Ltd.       | Arbor Realty Commercial Real Estate Notes Ltd., Series 2022-FL1, Class A          | CUSIP: 03880XAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $774418.80    | 0.06%             | 2037-01-15      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140Q9T45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    188833 | PA      | $186013.05    | 0.02%             | 2048-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Enbridge US, Inc.                                    | Enbridge US, Inc.                                                                 | CUSIP: 29251VN44<br>LEI: 5493003FRODSVHJWFS32 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499670.42    | 0.04%             | 2023-01-04      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Prosus NV                                            | Prosus NV                                                                         | CUSIP: 74365PAA6<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    230000 | PA      | $190655.63    | 0.02%             | 2030-01-21      | Fixed         | 3.68%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Euro-Bund                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        22 | NC      | $-200391.68   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 43 Ltd.           | Neuberger Berman Loan Advisers CLO 43 Ltd., Series 2021-43A, Class A              | CUSIP: 64134AAA0<br>LEI: 549300LCOEVXWN75LP18 | Long             | ABS-CBDO         | CORP              | KY        |    287510 | PA      | $281014.57    | 0.02%             | 2035-07-17      | Floating      | 5.21%                 | Yes           |                  2 | On Loan: No      |
| CHL Mortgage Pass-Through Trust                      | CHL Mortgage Pass-Through Trust, Series 2005-11, Class 3A1                        | CUSIP: 12669GUM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     54093 | PA      | $41541.79     | 0.00%             | 2035-04-25      | Variable      | 2.98%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO XVI Ltd.                             | Sound Point CLO XVI Ltd., Series 2017-2A, Class AR                                | CUSIP: 83610KAJ2<br>LEI: 549300ZK5CJ7PM7YBH85 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $688971.50    | 0.06%             | 2030-07-25      | Floating      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| Air Canada Pass-Through Trust                        | Air Canada Pass-Through Trust, Series 2017-1, Class AA                            | CUSIP: 00908PAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    477120 | PA      | $403423.47    | 0.03%             | 2030-01-15      | Fixed         | 3.30%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140XGCD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    787478 | PA      | $671087.28    | 0.06%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO IX Ltd.                              | Sound Point CLO IX Ltd., Series 2015-2A, Class ARRR                               | CUSIP: 83609GBN4<br>LEI: 549300W2FX6HEXN27U70 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $777814.40    | 0.06%             | 2032-07-20      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Expedia Group, Inc.                                  | Expedia Group, Inc.                                                               | CUSIP: 30212PAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $705260.15    | 0.06%             | 2025-05-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Aviation Capital Group LLC                           | Aviation Capital Group LLC                                                        | CUSIP: 05369AAL5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     62000 | PA      | $52393.76     | 0.00%             | 2026-09-20      | Fixed         | 1.95%                 | Yes           |                  2 | On Loan: No      |
| AT&T, Inc.                                           | AT&T, Inc.                                                                        | CUSIP: 0020A3N30<br>LEI: 549300Z40J86GGSTL398 | Long             | STIV             | CORP              | US        |    400000 | PA      | $399798.04    | 0.03%             | 2023-01-03      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Targa Resources Corp.                                | Targa Resources Corp.                                                             | CUSIP: 87613LND7<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499161.36    | 0.04%             | 2023-01-13      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| CPS Auto Receivables Trust                           | CPS Auto Receivables Trust, Series 2022-A, Class C                                | CUSIP: 12659WAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    231000 | PA      | $215054.83    | 0.02%             | 2029-04-16      | Fixed         | 2.17%                 | Yes           |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Securities Trust         | Natixis Commercial Mortgage Securities Trust, Series 2019-MILE, Class A           | CUSIP: 63875FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $161587.33    | 0.01%             | 2036-07-15      | Floating      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 3617A2FM9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    169574 | PA      | $154643.13    | 0.01%             | 2045-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Alfa SAB de CV                                       | Alfa SAB de CV                                                                    | CUSIP: 015398AB6<br>LEI: 549300ZCGJ6T8YDJ4M34 | Long             | DBT              | CORP              | MX        |    235000 | PA      | $232914.38    | 0.02%             | 2024-03-25      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust, Series 2015-GC30, Class AAB                         | CUSIP: 36250GAQ8<br>LEI: 549300L45M7638EL0H21 | Long             | ABS-MBS          | CORP              | US        |    426834 | PA      | $415691.95    | 0.03%             | 2050-05-10      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    840500 | PA      | $836598.40    | 0.07%             | 2024-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                      | Air Lease Corp.                                                                   | CUSIP: 00912XBF0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    178000 | PA      | $166597.16    | 0.01%             | 2028-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| EMF-NL Prime BV                                      | EMF-NL Prime BV, Series 2008-APRX, Class A2                                       | CUSIP: N/A<br>LEI: 724500YACYYG8XY5LM10       | Long             | ABS-MBS          | CORP              | NL        |    112643 | PA      | $114781.27    | 0.01%             | 2041-04-17      | Floating      | 2.18%                 | Yes           |                  2 | On Loan: No      |
| Republic of Peru                                     | Republic of Peru                                                                  | CUSIP: 715638BE1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   1000000 | PA      | $248149.87    | 0.02%             | 2031-08-12      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| EPR Properties                                       | EPR Properties                                                                    | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    800000 | PA      | $582908.80    | 0.05%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                  | Societe Generale SA                                                               | CUSIP: 83368RBH4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    394000 | PA      | $344555.92    | 0.03%             | 2028-01-19      | Variable      | 2.80%                 | Yes           |                  2 | On Loan: No      |
| Alternative Loan Trust                               | Alternative Loan Trust, Series 2005-80CB, Class 1A1                               | CUSIP: 12668BGC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    326980 | PA      | $280270.82    | 0.02%             | 2036-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Affirm Asset Securitization Trust                    | Affirm Asset Securitization Trust, Series 2021-B, Class B                         | CUSIP: 00834DAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $115958.94    | 0.01%             | 2026-08-17      | Fixed         | 1.24%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, 30 Year, Single Family                                                      | CUSIP: 01F022618<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6113000 | PA      | $5194139.69   | 0.43%             | 2053-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ross Stores, Inc.                                    | Ross Stores, Inc.                                                                 | CUSIP: 778296AC7<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |    355000 | PA      | $348279.53    | 0.03%             | 2027-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Japan 10 Year Bond                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | JP        |       -13 | NC      | $262915.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128283W8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10145900 | PA      | $9555056.56   | 0.80%             | 2028-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Stratus CLO Ltd.                                     | Stratus CLO Ltd., Series 2021-3A, Class A                                         | CUSIP: 86315WAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    724159 | PA      | $714294.78    | 0.06%             | 2029-12-29      | Floating      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, Series 2015-C02, Class 1M2                                                  | CUSIP: 30711XAX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |      6307 | PA      | $6338.74      | 0.00%             | 2025-05-25      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138YPS29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5900 | PA      | $5571.09      | 0.00%             | 2030-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LYB International Finance BV                         | LYB International Finance BV                                                      | CUSIP: 50247VAA7<br>LEI: 549300J6QSW38QNOJK61 | Long             | DBT              | CORP              | NL        |    195000 | PA      | $193720.84    | 0.02%             | 2023-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA                                                                              | CUSIP: 31409CCZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40192 | PA      | $40342.25     | 0.00%             | 2036-01-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| General Motors Co.                                   | General Motors Co.                                                                | CUSIP: 37045VAV2<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     51000 | PA      | $51977.42     | 0.00%             | 2025-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810SH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4200000 | PA      | $3413156.46   | 0.29%             | 2049-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SGSP Australia Assets Pty. Ltd.                      | SGSP Australia Assets Pty. Ltd.                                                   | CUSIP: N/A<br>LEI: 254900BJJ12X7PJT5072       | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $994677.30    | 0.08%             | 2023-04-09      | Fixed         | 3.30%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                       | Morgan Stanley                                                                    | CUSIP: 61747YEV3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    139000 | PA      | $143034.16    | 0.01%             | 2028-10-18      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                    | NatWest Group plc                                                                 | CUSIP: 639057AG3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    359000 | PA      | $376283.77    | 0.03%             | 2026-11-10      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                      | Air Lease Corp.                                                                   | CUSIP: 00912XAV6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14624.01     | 0.00%             | 2027-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31417VPC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28732 | PA      | $29106.36     | 0.00%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3137EAEX3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |  30000000 | PA      | $27019059.00  | 2.26%             | 2025-09-23      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, Series 4989, Class FA                                                      | CUSIP: 3137FUKP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    256052 | PA      | $248589.51    | 0.02%             | 2040-08-15      | Floating      | 3.11%                 | No            |                  2 | On Loan: No      |
| CLNY Trust                                           | CLNY Trust, Series 2019-IKPR, Class D                                             | CUSIP: 12564NAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $231269.18    | 0.02%             | 2038-11-15      | Floating      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                              | CUSIP: 46647PCC8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    408000 | PA      | $328120.09    | 0.03%             | 2032-04-22      | Variable      | 2.58%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                               | Alternative Loan Trust, Series 2006-OA6, Class 1A2                                | CUSIP: 12668BE33<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30038 | PA      | $26039.81     | 0.00%             | 2046-07-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138WPG65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    368779 | PA      | $346010.81    | 0.03%             | 2043-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                     | Boeing Co. (The)                                                                  | CUSIP: 097023CZ6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    700000 | PA      | $673428.35    | 0.06%             | 2024-02-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| AGFC Capital Trust I                                 | AGFC Capital Trust I                                                              | CUSIP: 00846NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1070000 | PA      | $589365.31    | 0.05%             | 2067-01-15      | Floating      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| RALI Trust                                           | RALI Trust, Series 2006-QA6, Class A1                                             | CUSIP: 74922MAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    408185 | PA      | $356119.18    | 0.03%             | 2036-07-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                  | Synchrony Financial                                                               | CUSIP: 87165BAG8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     39000 | PA      | $37464.22     | 0.00%             | 2025-07-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chile Electricity PEC SpA                            | Chile Electricity PEC SpA                                                         | CUSIP: 168831AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |    490000 | PA      | $350441.88    | 0.03%             | 2028-01-25      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Southern Co. (The)                                   | Southern Co. (The), Series 2021                                                   | CUSIP: 842587DK0<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    800000 | PA      | $797815.01    | 0.07%             | 2023-05-10      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| PMT Credit Risk Transfer Trust                       | PMT Credit Risk Transfer Trust, Series 2019-3R, Class A                           | CUSIP: 69349MAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     16895 | PA      | $16158.63     | 0.00%             | 2031-11-27      | Floating      | 8.09%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury 10 Year Ultra Note                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -3 | NC      | $7542.73      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Co. of New York, Inc.            | Consolidated Edison Co. of New York, Inc.                                         | CUSIP: 20911MNL7<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | STIV             | CORP              | US        |    700000 | PA      | $698099.21    | 0.06%             | 2023-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21014800 | PA      | $16586840.84  | 1.39%             | 2030-08-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-934.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4689100 | PA      | $3992405.24   | 0.33%             | 2044-08-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust, Series 2014-C22, Class XA             | CUSIP: 46642NBF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6017984 | PA      | $56271.77     | 0.00%             | 2047-09-15      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| Fiserv, Inc.                                         | Fiserv, Inc.                                                                      | CUSIP: 33774LNH7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | STIV             | CORP              | US        |    500000 | PA      | $498840.50    | 0.04%             | 2023-01-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                              | FHLMC STACR REMIC Trust, Series 2022-DNA3, Class M1A                              | CUSIP: 35564KUW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    222607 | PA      | $221493.89    | 0.02%             | 2042-04-25      | Floating      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO 7 Ltd.             | Goldentree Loan Management US CLO 7 Ltd., Series 2020-7A, Class AR                | CUSIP: 38138LAL2<br>LEI: 549300DO8S88M0JNL340 | Long             | ABS-CBDO         | CORP              | KY        |    262213 | PA      | $254655.23    | 0.02%             | 2034-04-20      | Floating      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                       | Morgan Stanley                                                                    | CUSIP: N/A<br>LEI: IGJSJL3JD5P30I6NJZ34       | Long             | DBT              | CORP              | US        |    229000 | PA      | $211387.62    | 0.02%             | 2027-10-29      | Variable      | 0.41%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                       | Broadcom, Inc.                                                                    | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    700000 | PA      | $564828.74    | 0.05%             | 2033-04-15      | Fixed         | 3.42%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                  | Connecticut Avenue Securities Trust, Series 2022-R02, Class 2M1                   | CUSIP: 20754BAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    232338 | PA      | $227227.20    | 0.02%             | 2042-01-25      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19960900 | PA      | $18230036.47  | 1.52%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138WENA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34028 | PA      | $30821.85     | 0.00%             | 2045-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Funding                          | Towd Point Mortgage Funding, Series 2019-A13A, Class A1                           | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | GB        |    940352 | PA      | $1120127.04   | 0.09%             | 2045-07-20      | Floating      | 4.35%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CDM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22180500 | PA      | $21341589.13  | 1.78%             | 2023-11-30      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CEX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4332900 | PA      | $4229778.71   | 0.35%             | 2024-06-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2017-H10, Class FB                                                   | CUSIP: 38375UZZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    936602 | PA      | $926875.84    | 0.08%             | 2067-04-20      | Floating      | 1.97%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group, Inc.                       | Citizens Financial Group, Inc.                                                    | CUSIP: 174610AK1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    270000 | PA      | $261938.12    | 0.02%             | 2025-12-03      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Spectrum Brands, Inc.                                | Spectrum Brands, Inc.                                                             | CUSIP: 84762LAU9<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13825.00     | 0.00%             | 2025-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Equinix, Inc.                                        | Equinix, Inc.                                                                     | CUSIP: 29444UBS4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    800000 | PA      | $644679.36    | 0.05%             | 2031-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $99303.14     | 0.01%             | 2049-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Embraer Netherlands Finance BV                       | Embraer Netherlands Finance BV                                                    | CUSIP: 29082HAB8<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |    240000 | PA      | $229845.00    | 0.02%             | 2027-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                | Time Warner Cable LLC                                                             | CUSIP: 88732JBD9<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    290000 | PA      | $213005.00    | 0.02%             | 2042-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency      | Pennsylvania Higher Education Assistance Agency, Series 2009-1, Class A1          | CUSIP: 709163HT9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     45061 | PA      | $45074.79     | 0.00%             | 2029-07-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                               | Alternative Loan Trust, Series 2007-OH1, Class A1D                                | CUSIP: 02150KAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     51557 | PA      | $40763.36     | 0.00%             | 2047-04-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| National Fuel Gas Co.                                | National Fuel Gas Co.                                                             | CUSIP: 636180BR1<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $776974.80    | 0.06%             | 2031-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Swiss Re Finance Luxembourg SA                       | Swiss Re Finance Luxembourg SA                                                    | CUSIP: N/A<br>LEI: 549300CLQZ6TM98LW631       | Long             | DBT              | CORP              | LU        |    200000 | PA      | $184327.84    | 0.02%             | 2049-04-02      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                | Sumitomo Mitsui Financial Group, Inc.                                             | CUSIP: 86562MBT6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $951130.00    | 0.08%             | 2024-09-27      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130A2UW4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  40000000 | PA      | $38819212.00  | 3.24%             | 2024-09-13      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                | Bank of America Corp.                                                             | CUSIP: 06051GKP3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    282000 | PA      | $269442.54    | 0.02%             | 2028-04-27      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                             | Benchmark Mortgage Trust, Series 2022-B33, Class A5                               | CUSIP: 08163PBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $713123.20    | 0.06%             | 2055-03-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury 5 Year Note                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       214 | NC      | $-10313.73    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                       | Morgan Stanley                                                                    | CUSIP: 61747YER2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    177000 | PA      | $168416.81    | 0.01%             | 2028-04-20      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 31346YAV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113715 | PA      | $105601.53    | 0.01%             | 2049-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 3133KGSG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    303727 | PA      | $282246.00    | 0.02%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Globo Comunicacao e Participacoes SA                 | Globo Comunicacao e Participacoes SA                                              | CUSIP: 37959DAB0<br>LEI: 52990054HEKS017PVR75 | Long             | DBT              | CORP              | BR        |    251000 | PA      | $209318.31    | 0.02%             | 2030-01-22      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1038.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                      | Lehman XS Trust, Series 2006-4N, Class A1C1                                       | CUSIP: 525221KM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19589 | PA      | $23412.86     | 0.00%             | 2046-04-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                              | FHLMC STACR REMIC Trust, Series 2022-DNA4, Class M1B                              | CUSIP: 35564KWT2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    227990 | PA      | $229200.31    | 0.02%             | 2042-05-25      | Floating      | 7.28%                 | Yes           |                  2 | On Loan: No      |
| Mariner Finance Issuance Trust                       | Mariner Finance Issuance Trust, Series 2021-AA, Class A                           | CUSIP: 56848DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $688818.32    | 0.06%             | 2036-03-20      | Fixed         | 1.86%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31419LZY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     99180 | PA      | $96173.85     | 0.01%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                   | Seagate HDD Cayman                                                                | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    253000 | PA      | $197656.25    | 0.02%             | 2031-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Lima Metro Line 2 Finance Ltd.                       | Lima Metro Line 2 Finance Ltd.                                                    | CUSIP: 532522AB5<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |    185322 | PA      | $164449.72    | 0.01%             | 2036-04-05      | Fixed         | 4.35%                 | Yes           |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130A3GE8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  27030000 | PA      | $26057330.86  | 2.18%             | 2024-12-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128282R0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  33068900 | PA      | $30634701.58  | 2.56%             | 2027-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, Series 4989, Class FB                                                      | CUSIP: 3137FUKQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    203523 | PA      | $197926.78    | 0.02%             | 2040-10-15      | Floating      | 3.26%                 | No            |                  2 | On Loan: No      |
| Odebrecht Oil & Gas Finance Ltd.                     | Odebrecht Oil & Gas Finance Ltd.                                                  | CUSIP: 67576JAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    207137 | PA      | $517.84       | 0.00%             | 2023-02-03      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Comision Federal de Electricidad                     | Comision Federal de Electricidad                                                  | CUSIP: 200447AH3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | NUSS              | MX        |    258000 | PA      | $200965.88    | 0.02%             | 2031-02-09      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| MKS CLO Ltd.                                         | MKS CLO Ltd., Series 2017-1A, Class AR                                            | CUSIP: 55317AAA7<br>LEI: 5493003VGNSG059H2J98 | Long             | ABS-CBDO         | CORP              | KY        |    797493 | PA      | $784197.68    | 0.07%             | 2030-07-20      | Floating      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Warnermedia Holdings, Inc.                           | Warnermedia Holdings, Inc.                                                        | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    314000 | PA      | $257877.12    | 0.02%             | 2032-03-15      | Fixed         | 4.28%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CCF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40180300 | PA      | $35879219.88  | 3.00%             | 2026-05-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Principal Life Global Funding II                     | Principal Life Global Funding II                                                  | CUSIP: 74256LEP0<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    800000 | PA      | $695176.24    | 0.06%             | 2026-08-16      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| CVC Cordatus Loan Fund XI DAC                        | CVC Cordatus Loan Fund XI DAC, Series 11A, Class AR                               | CUSIP: N/A<br>LEI: 6354003WWBLW5OLHF232       | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $725208.04    | 0.06%             | 2031-10-15      | Floating      | 2.03%                 | Yes           |                  2 | On Loan: No      |
| University of California                             | University of California                                                          | CUSIP: 91412HKE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $224132.19    | 0.02%             | 2051-05-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-13393.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CVC Cordatus Loan Fund VII DAC                       | CVC Cordatus Loan Fund VII DAC, Series 7A, Class ARR                              | CUSIP: N/A<br>LEI: 635400CLBI5JM6YQBR92       | Long             | ABS-CBDO         | CORP              | IE        |    600000 | PA      | $623745.01    | 0.05%             | 2031-09-15      | Floating      | 2.68%                 | Yes           |                  2 | On Loan: No      |
| Diamond Issuer                                       | Diamond Issuer, Series 2021-1A, Class A                                           | CUSIP: 25267TAN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325933 | PA      | $270587.75    | 0.02%             | 2051-11-20      | Fixed         | 2.31%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3134A3U46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |  39000000 | PA      | $44680545.00  | 3.73%             | 2029-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 21H042612<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1329000 | PA      | $1291102.77   | 0.11%             | 2053-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes              | Santander Bank Auto Credit-Linked Notes, Series 2022-A, Class B                   | CUSIP: 80290CAS3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    227996 | PA      | $220740.40    | 0.02%             | 2032-05-15      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1241694.60   | 0.10%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140QN6A5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    591018 | PA      | $504633.56    | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Intel Corp.                                          | Intel Corp.                                                                       | CUSIP: 458140CC2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    270000 | PA      | $239763.40    | 0.02%             | 2062-08-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bills                                                               | CUSIP: 912796YH6<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   2640800 | PA      | $2562552.04   | 0.21%             | 2023-09-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CBAM Ltd.                                            | CBAM Ltd., Series 2018-8A, Class A1                                               | CUSIP: 12478CAA9<br>LEI: 254900YSCN4KH02DQ033 | Long             | ABS-CBDO         | CORP              | KY        |    705220 | PA      | $696943.94    | 0.06%             | 2029-10-20      | Floating      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                       | Broadcom, Inc.                                                                    | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    578000 | PA      | $424837.05    | 0.04%             | 2035-11-15      | Fixed         | 3.14%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Long Gilt                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |       -37 | NC      | $294330.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglo American Capital plc                           | Anglo American Capital plc                                                        | CUSIP: 034863BB5<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    370000 | PA      | $332768.75    | 0.03%             | 2029-03-16      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                    | CIFC Funding Ltd., Series 2017-5A, Class A1                                       | CUSIP: 12551MAA7<br>LEI: 635400BTAKRBKGRV3X14 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $692593.30    | 0.06%             | 2030-11-16      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Atalaya Equipment Leasing Trust                      | Atalaya Equipment Leasing Trust, Series 2021-1A, Class A2                         | CUSIP: 046497AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    127591 | PA      | $123799.41    | 0.01%             | 2026-05-15      | Fixed         | 1.23%                 | Yes           |                  2 | On Loan: No      |
| Syngenta Finance NV                                  | Syngenta Finance NV                                                               | CUSIP: 87164KAH7<br>LEI: 54930042S3BYCEGOCN86 | Long             | DBT              | CORP              | NL        |    700000 | PA      | $696879.40    | 0.06%             | 2023-04-24      | Fixed         | 4.44%                 | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                       | Broadcom, Inc.                                                                    | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    356000 | PA      | $259421.15    | 0.02%             | 2036-11-15      | Fixed         | 3.19%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                               | Chase Mortgage Finance Corp., Series 2019-CL1, Class M3                           | CUSIP: 46591HAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     39820 | PA      | $38154.51     | 0.00%             | 2047-04-25      | Floating      | 6.49%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140FQET0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14693 | PA      | $13764.02     | 0.00%             | 2032-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Kyndryl Holdings, Inc.                               | Kyndryl Holdings, Inc.                                                            | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    411000 | PA      | $337264.71    | 0.03%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Go Mortgage LLC                                      | Go Mortgage LLC                                                                   | CUSIP: 36261CAE1<br>LEI: 25490018IFQOT83Q7H49 | Long             | ABS-O            | CORP              | US        |     12000 | PA      | $10887.46     | 0.00%             | 2026-08-15      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| Welltower, Inc.                                      | Welltower, Inc.                                                                   | CUSIP: 95040QAL8<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |    700000 | PA      | $561454.11    | 0.05%             | 2031-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                     | Republic of Peru                                                                  | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |   2000000 | PA      | $500362.15    | 0.04%             | 2028-08-12      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-52437.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                  | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-245857.06   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Banc of America Funding Trust                        | Banc of America Funding Trust, Series 2004-A, Class 1A3                           | CUSIP: 06051GAX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9712 | PA      | $8934.71      | 0.00%             | 2034-09-20      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138WQKW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34809 | PA      | $32659.72     | 0.00%             | 2043-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, 30 Year, Single Family                                                      | CUSIP: 01F040610<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  19401368 | PA      | $18243348.85  | 1.52%             | 2053-01-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Radnor RE Ltd.                                       | Radnor RE Ltd., Series 2019-2, Class M1B                                          | CUSIP: 75049TAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |     26934 | PA      | $26903.67     | 0.00%             | 2029-06-25      | Floating      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10375500 | PA      | $8475162.85   | 0.71%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                            | Commercial Mortgage Trust, Series 2013-SFS, Class A1                              | CUSIP: 12625EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     12488 | PA      | $12364.90     | 0.00%             | 2035-04-12      | Fixed         | 1.87%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  32629200 | PA      | $30124014.86  | 2.52%             | 2029-07-31      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 36179SB71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    138753 | PA      | $126055.24    | 0.01%             | 2046-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3137EAEU9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |  30000000 | PA      | $27162705.00  | 2.27%             | 2025-07-21      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CHL Mortgage Pass-Through Trust                      | CHL Mortgage Pass-Through Trust, Series 2004-12, Class 11A1                       | CUSIP: 12669FN58<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       293 | PA      | $289.98       | 0.00%             | 2034-08-25      | Variable      | 3.68%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp.                | International Business Machines Corp.                                             | CUSIP: 459200KV2<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    264000 | PA      | $241627.48    | 0.02%             | 2052-07-27      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| LUXE Trust                                           | LUXE Trust, Series 2021-TRIP, Class A                                             | CUSIP: 55066WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    242270 | PA      | $231679.93    | 0.02%             | 2038-10-15      | Floating      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 31346YA29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     85698 | PA      | $79637.10     | 0.01%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, 30 Year, Single Family                                                      | CUSIP: 01F042616<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7400000 | PA      | $7142155.88   | 0.60%             | 2053-01-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy, Inc.                             | Diamondback Energy, Inc.                                                          | CUSIP: 25278XAV1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    131000 | PA      | $133160.77    | 0.01%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Owl Rock Capital Corp.                               | Owl Rock Capital Corp.                                                            | CUSIP: 69121KAG9<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    800000 | PA      | $628478.56    | 0.05%             | 2028-06-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Bear Stearns ARM Trust                               | Bear Stearns ARM Trust, Series 2003-9, Class 2A1                                  | CUSIP: 07384MB68<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     17612 | PA      | $16065.33     | 0.00%             | 2034-02-25      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3132Y3ZC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     78550 | PA      | $79273.77     | 0.01%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                   | Banco Santander SA                                                                | CUSIP: 05964HAQ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $185581.56    | 0.02%             | 2028-03-24      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| Continental Resources, Inc.                          | Continental Resources, Inc.                                                       | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    229000 | PA      | $170704.59    | 0.01%             | 2032-04-01      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| ONEOK, Inc.                                          | ONEOK, Inc.                                                                       | CUSIP: 682680BE2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     44000 | PA      | $44984.03     | 0.00%             | 2031-01-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                              | Republic Services, Inc.                                                           | CUSIP: 76076GNC3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499170.17    | 0.04%             | 2023-01-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                  | Connecticut Avenue Securities Trust, Series 2021-R03, Class 1M2                   | CUSIP: 20754AAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    122411 | PA      | $115456.67    | 0.01%             | 2041-12-25      | Floating      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 912828X88<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11403100 | PA      | $10645047.00  | 0.89%             | 2027-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 9128286T2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30797500 | PA      | $28061671.84  | 2.34%             | 2029-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitization Trust               | Residential Asset Securitization Trust, Series 2005-A15, Class 5A1                | CUSIP: 45660L4G1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13395 | PA      | $5100.40      | 0.00%             | 2036-02-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                              | GSR Mortgage Loan Trust, Series 2007-AR1, Class 2A1                               | CUSIP: 362290AC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    172577 | PA      | $112296.62    | 0.01%             | 2047-03-25      | Variable      | 3.47%                 | No            |                  2 | On Loan: No      |
| Carlyle Finance Subsidiary LLC                       | Carlyle Finance Subsidiary LLC                                                    | CUSIP: 14314DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $679038.16    | 0.06%             | 2029-09-19      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| CNH Equipment Trust                                  | CNH Equipment Trust, Series 2022-C, Class A2                                      | CUSIP: 12664JAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    308000 | PA      | $309415.88    | 0.03%             | 2026-07-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                               | Credit Suisse Group AG                                                            | CUSIP: 225401AG3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   1000000 | PA      | $976870.60    | 0.08%             | 2024-06-12      | Variable      | 4.21%                 | Yes           |                  2 | On Loan: No      |
| Ready Capital Mortgage Financing LLC                 | Ready Capital Mortgage Financing LLC, Series 2022-FL8, Class A                    | CUSIP: 75574PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $680531.11    | 0.06%             | 2037-01-25      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140F4MJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    215820 | PA      | $202707.99    | 0.02%             | 2031-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Romania                                              | Romania Government Bond                                                           | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    800000 | PA      | $546892.91    | 0.05%             | 2033-04-14      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31417EJG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    117509 | PA      | $110254.36    | 0.01%             | 2043-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Discover Bank                                        | Discover Bank                                                                     | CUSIP: 25466AAN1<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240064.53    | 0.02%             | 2028-08-09      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| Japan International Cooperation Agency               | Japan International Cooperation Agency                                            | CUSIP: 47109LAB0<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    900000 | PA      | $834585.21    | 0.07%             | 2027-04-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC STACR REMIC Trust, Series 2022-DNA6, Class M1A                              | CUSIP: 35564KH36<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155771 | PA      | $155865.78    | 0.01%             | 2042-09-25      | Floating      | 6.08%                 | Yes           |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130AFFX0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  12910000 | PA      | $12436279.17  | 1.04%             | 2028-11-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Standard Chartered plc                               | Standard Chartered plc                                                            | CUSIP: 853254AA8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $154000.00    | 0.01%             | 2027-01-30      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                       | Carvana Auto Receivables Trust, Series 2021-N4, Class A1                          | CUSIP: 14687HAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     68569 | PA      | $66392.30     | 0.01%             | 2028-09-11      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4770500 | PA      | $4214153.79   | 0.35%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                    | American Electric Power Co., Inc.                                                 | CUSIP: 0255E3NK0<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | STIV             | CORP              | US        |    500000 | PA      | $498708.61    | 0.04%             | 2023-01-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                         | Oracle Corp.                                                                      | CUSIP: 68389XCE3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    242000 | PA      | $201592.49    | 0.02%             | 2031-03-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                              | FHLMC STACR REMIC Trust, Series 2022-HQA1, Class M1B                              | CUSIP: 35564KTB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     68136 | PA      | $67560.56     | 0.01%             | 2042-03-25      | Floating      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| GLS Auto Receivables Issuer Trust                    | GLS Auto Receivables Issuer Trust, Series 2022-1A, Class A                        | CUSIP: 36263XAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    324592 | PA      | $318750.47    | 0.03%             | 2025-08-15      | Fixed         | 1.98%                 | Yes           |                  2 | On Loan: No      |
| Bellemeade Re Ltd.                                   | Bellemeade Re Ltd., Series 2021-2A, Class M1A                                     | CUSIP: 07876AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    170858 | PA      | $169190.72    | 0.01%             | 2031-06-25      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| FFCB                                                 | FFCB                                                                              | CUSIP: 3133ENEY2<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  10000000 | PA      | $9759365.00   | 0.82%             | 2023-07-24      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Issuer Trust                    | GLS Auto Receivables Issuer Trust, Series 2022-3A, Class A2                       | CUSIP: 38014QAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $595098.54    | 0.05%             | 2026-05-15      | Fixed         | 4.59%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138AB6M6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12433 | PA      | $12338.56     | 0.00%             | 2041-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments II Trust       | Structured Asset Mortgage Investments II Trust, Series 2006-AR6, Class 1A3        | CUSIP: 86360UAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    711391 | PA      | $527902.60    | 0.04%             | 2046-07-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Affirm Asset Securitization Trust                    | Affirm Asset Securitization Trust, Series 2021-Z2, Class A                        | CUSIP: 00834TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     57437 | PA      | $54884.33     | 0.00%             | 2026-11-16      | Fixed         | 1.17%                 | Yes           |                  2 | On Loan: No      |
| Dryden 78 CLO Ltd.                                   | Dryden 78 CLO Ltd., Series 2020-78A, Class C                                      | CUSIP: 26253LAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $235349.75    | 0.02%             | 2033-04-17      | Floating      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| Radnor RE Ltd.                                       | Radnor RE Ltd., Series 2020-1, Class M1A                                          | CUSIP: 750493AA6<br>LEI: 254900YVLP8CB4GC2O97 | Long             | ABS-MBS          | CORP              | BM        |     44756 | PA      | $44692.27     | 0.00%             | 2030-01-25      | Floating      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1945900 | PA      | $1342075.17   | 0.11%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp.                                    | BAT Capital Corp.                                                                 | CUSIP: 05526DBX2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     33000 | PA      | $35733.46     | 0.00%             | 2032-10-19      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Crown Castle, Inc.                                   | Crown Castle, Inc.                                                                | CUSIP: 22822VAC5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    800000 | PA      | $760944.96    | 0.06%             | 2026-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Provincia de Buenos Aires                            | Provincia de Buenos Aires                                                         | CUSIP: N/A<br>LEI: 549300L6AYROPOTQ4L07       | Long             | DBT              | NUSS              | AR        |    240000 | PA      | $778.57       | 0.00%             | 2025-04-12      | Floating      | 72.89%                | Yes           |                  3 | On Loan: No      |
| BFLD Trust                                           | BFLD Trust, Series 2021-FPM, Class A                                              | CUSIP: 05554BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    494000 | PA      | $470983.95    | 0.04%             | 2038-06-15      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                      | WFRBS Commercial Mortgage Trust, Series 2014-C24, Class AS                        | CUSIP: 92939KAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65800 | PA      | $62431.65     | 0.01%             | 2047-11-15      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Oleoducto Central SA                                 | Oleoducto Central SA                                                              | CUSIP: 680617AC1<br>LEI: 254900W4CPYCQFVH5E92 | Long             | DBT              | CORP              | CO        |    460000 | PA      | $403880.00    | 0.03%             | 2027-07-14      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Odebrecht Drilling Norbe VIII/IX Ltd.                | Odebrecht Drilling Norbe VIII/IX Ltd.                                             | CUSIP: 675757AC2<br>LEI: 549300YNW6BY570L6488 | Long             | DBT              | CORP              | KY        |       643 | PA      | $349.04       | 0.00%             | 2026-12-01      | Fixed         | 7.35%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CCS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5958900 | PA      | $4851848.41   | 0.41%             | 2031-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                              | Hyundai Capital America                                                           | CUSIP: 44891ABZ9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    800000 | PA      | $710957.52    | 0.06%             | 2026-09-17      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |
| PFP Ltd.                                             | PFP Ltd., Series 2021-8, Class A                                                  | CUSIP: 69357XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    667623 | PA      | $636363.42    | 0.05%             | 2037-08-09      | Floating      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3140QB4P0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    314830 | PA      | $292366.97    | 0.02%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 91282CFX4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4019600 | PA      | $4022022.61   | 0.34%             | 2024-11-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bellemeade RE Ltd.                                   | Bellemeade Re Ltd., Series 2021-3A, Class A2                                      | CUSIP: 078777AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    301251 | PA      | $285461.08    | 0.02%             | 2031-09-25      | Floating      | 4.93%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                            | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    900000 | PA      | $865989.00    | 0.07%             | 2025-06-16      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA                                                                              | CUSIP: 21H040616<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    556769 | PA      | $527886.61    | 0.04%             | 2053-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                        | UniCredit SpA                                                                     | CUSIP: 904678AY5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $151610.70    | 0.01%             | 2032-06-03      | Variable      | 3.13%                 | Yes           |                  2 | On Loan: No      |
| Electronic Arts, Inc.                                | Electronic Arts, Inc.                                                             | CUSIP: 285512AE9<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |    800000 | PA      | $631877.52    | 0.05%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                       | Morgan Stanley                                                                    | CUSIP: 61744YAP3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    243000 | PA      | $224008.19    | 0.02%             | 2029-01-24      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                       | State of Qatar                                                                    | CUSIP: 74727PAY7<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    800000 | PA      | $799900.00    | 0.07%             | 2048-04-23      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Danske Bank A/S                                      | Danske Bank A/S                                                                   | CUSIP: 23636ABC4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    359000 | PA      | $330606.62    | 0.03%             | 2028-04-01      | Variable      | 4.30%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                        | Treasury Repurchase Agreement                                                     | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | Long             | RA               | CORP              | US        |    319222 | PA      | $319222.50    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                         | Discovery Communications LLC                                                      | CUSIP: 25470DBG3<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     38000 | PA      | $28935.41     | 0.00%             | 2049-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                            | Commercial Mortgage Trust, Series 2015-CR26, Class ASB                            | CUSIP: 12593QBC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1617173 | PA      | $1576904.42   | 0.13%             | 2048-10-10      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| FHLB                                                 | FHLB                                                                              | CUSIP: 3130ATT31<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  25000000 | PA      | $25042600.00  | 2.09%             | 2024-10-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust VII         | Research-Driven Pagaya Motor Asset Trust VII, Series 2022-3A, Class A             | CUSIP: 76088TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    254893 | PA      | $248404.87    | 0.02%             | 2030-11-25      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Banco Espirito Santo SA                              | Banco Espirito Santo SA                                                           | CUSIP: N/A<br>LEI: 635400JV7IJL16OWIT96       | Long             | DBT              | CORP              | PT        |   1700000 | PA      | $254767.10    | 0.02%             | 2019-01-21      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS                                                                              | CUSIP: 3133B93R3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    333827 | PA      | $285033.91    | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Cajun Global LLC                                     | Cajun Global LLC, Series 2021-1, Class A2                                         | CUSIP: 12803VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     65010 | PA      | $56099.09     | 0.00%             | 2051-11-20      | Fixed         | 3.93%                 | Yes           |                  2 | On Loan: No      |
| National Grid North America, Inc.                    | National Grid North America, Inc.                                                 | CUSIP: 63627BNP7<br>LEI: 5Q3U0WRKWZZGRMPYFT08 | Long             | STIV             | CORP              | US        |    600000 | PA      | $598130.80    | 0.05%             | 2023-01-23      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, Series 2012-123, Class LF                                                   | CUSIP: 3136A9YS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116173 | PA      | $114322.23    | 0.01%             | 2042-11-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Vodafone Group plc                                   | Vodafone Group plc                                                                | CUSIP: 92857MN57<br>LEI: 213800TB53ELEUKM7Q61 | Long             | STIV             | CORP              | GB        |    500000 | PA      | $499614.92    | 0.04%             | 2023-01-05      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 3137EAEP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |  42935000 | PA      | $40465207.06  | 3.38%             | 2025-02-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Quanta Services, Inc.                                | Quanta Services, Inc.                                                             | CUSIP: 74767HNK2<br>LEI: SHVRXXEACT60MMH07S24 | Long             | STIV             | CORP              | US        |    250000 | PA      | $249311.95    | 0.02%             | 2023-01-19      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Hardee's Funding LLC                                 | Hardee's Funding LLC, Series 2020-1A, Class A2                                    | CUSIP: 411707AH5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    137356 | PA      | $117897.77    | 0.01%             | 2050-12-20      | Fixed         | 3.98%                 | Yes           |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                              | GSR Mortgage Loan Trust, Series 2006-AR2, Class 2A1                               | CUSIP: 36297TAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     73118 | PA      | $50357.07     | 0.00%             | 2036-04-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                    | ONEOK Partners LP                                                                 | CUSIP: 68268NAG8<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17056.80     | 0.00%             | 2041-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                             | CUSIP: 31335A6X1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    156534 | PA      | $151872.72    | 0.01%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810RG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $710502.88    | 0.06%             | 2044-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                               | CUSIP: 912828V98<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  35682500 | PA      | $33242926.73  | 2.78%             | 2027-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                         | Upstart Securitization Trust, Series 2021-3, Class A                              | CUSIP: 91679LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     98825 | PA      | $96707.74     | 0.01%             | 2031-07-20      | Fixed         | 0.83%                 | Yes           |                  2 | On Loan: No      |
| Host Hotels & Resorts LP                             | Host Hotels & Resorts LP, Series I                                                | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |     54000 | PA      | $44690.23     | 0.00%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Impac CMB Trust                                      | Impac CMB Trust, Series 2003-8, Class 2A1                                         | CUSIP: 45254NFG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       394 | PA      | $387.71       | 0.00%             | 2033-10-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Edison International                                 | Edison International                                                              | CUSIP: 281020AQ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    600000 | PA      | $579438.66    | 0.05%             | 2024-11-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| GCI Funding I LLC                                    | GCI Funding I LLC, Series 2021-1, Class A                                         | CUSIP: 36166VAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    143604 | PA      | $122180.88    | 0.01%             | 2046-06-18      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square CLO Ltd.                               | Palmer Square CLO Ltd., Series 2021-3A, Class D                                   | CUSIP: 69688FAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    330000 | PA      | $309414.60    | 0.03%             | 2035-01-15      | Floating      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| CBAM Ltd.                                            | CBAM Ltd., Series 2018-5A, Class A                                                | CUSIP: 12481QAC9<br>LEI: 25490038OT2B8HTRW786 | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $884828.70    | 0.07%             | 2031-04-17      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810QB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $206956.44    | 0.02%             | 2039-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Venture 32 CLO Ltd.                                  | Venture 32 CLO Ltd., Series 2018-32A, Class A1                                    | CUSIP: 92325QAA5<br>LEI: 549300UP09C89Q3HWD39 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $688847.60    | 0.06%             | 2031-07-18      | Floating      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| Tencent Holdings Ltd.                                | Tencent Holdings Ltd.                                                             | CUSIP: 88032WAV8<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    226000 | PA      | $141928.00    | 0.01%             | 2050-06-03      | Fixed         | 3.24%                 | Yes           |                  2 | On Loan: No      |
| Ally Financial, Inc.                                 | Ally Financial, Inc.                                                              | CUSIP: 02005NBP4<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    800000 | PA      | $625938.48    | 0.05%             | 2028-11-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                      | Citigroup, Inc.                                                                   | CUSIP: 172967GD7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     71000 | PA      | $70556.25     | 0.01%             | 2023-04-30      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Santander Consumer Auto Receivables Trust            | Santander Consumer Auto Receivables Trust, Series 2021-BA, Class B                | CUSIP: 802824AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    153892 | PA      | $151172.66    | 0.01%             | 2028-10-16      | Fixed         | 1.45%                 | Yes           |                  2 | On Loan: No      |
| Rio Oil Finance Trust                                | Rio Oil Finance Trust, Series 2014-1                                              | CUSIP: 76716XAA0<br>LEI: 549300V5D1W52HY8NO65 | Long             | DBT              | CORP              | US        |    128714 | PA      | $129944.95    | 0.01%             | 2024-07-06      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 31407LFM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4701 | PA      | $4654.92      | 0.00%             | 2035-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                             | Lloyds Banking Group plc                                                          | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | DBT              | CORP              | GB        |   1100000 | PA      | $738637.15    | 0.06%             | 2025-03-07      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                           | LAD Auto Receivables Trust, Series 2021-1A, Class A                               | CUSIP: 501683AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115465 | PA      | $112193.23    | 0.01%             | 2026-08-17      | Fixed         | 1.30%                 | Yes           |                  2 | On Loan: No      |
| Essex Portfolio LP                                   | Essex Portfolio LP                                                                | CUSIP: 29717PAZ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |    800000 | PA      | $635346.56    | 0.05%             | 2031-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Air Canada Pass-Through Trust                        | Air Canada Pass-Through Trust, Series 2013-1, Class A                             | CUSIP: 009089AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    570751 | PA      | $521489.23    | 0.04%             | 2025-05-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| National Grid North America, Inc.                    | National Grid North America, Inc.                                                 | CUSIP: 63627BNQ5<br>LEI: 5Q3U0WRKWZZGRMPYFT08 | Long             | STIV             | CORP              | US        |    500000 | PA      | $498375.35    | 0.04%             | 2023-01-24      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd.                           | TransCanada PipeLines Ltd.                                                        | CUSIP: 89355QNK8<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | STIV             | CORP              | CA        |    500000 | PA      | $498708.61    | 0.04%             | 2023-01-19      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd.                                         | OCP CLO Ltd., Series 2020-18A, Class AR                                           | CUSIP: 671078AN3<br>LEI: 254900MN6N176YEZLX15 | Long             | ABS-CBDO         | CORP              | KY        |    344000 | PA      | $336374.55    | 0.03%             | 2032-07-20      | Floating      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                         | UBS Group AG                                                                      | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | DBT              | CORP              | CH        |    200000 | PA      | $197250.00    | 0.02%             | 2025-02-19      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                              | GSR Mortgage Loan Trust, Series 2005-AR6, Class 2A1                               | CUSIP: 362341RX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     37747 | PA      | $35277.73     | 0.00%             | 2035-09-25      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                      | Danske Bank A/S                                                                   | CUSIP: 23636AAT8<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    800000 | PA      | $795739.52    | 0.07%             | 2024-01-12      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                                | Las Vegas Sands Corp.                                                             | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    800000 | PA      | $760968.16    | 0.06%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LCM 29 Ltd.                                          | LCM 29 Ltd., Series 29A, Class AR                                                 | CUSIP: 50201MAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $683459.70    | 0.06%             | 2031-04-15      | Floating      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO Ltd.                                   | Wellfleet CLO Ltd., Series 2017-1A, Class A1RR                                    | CUSIP: 94950GAL1<br>LEI: 2549003PA4N7YYXOW035 | Long             | ABS-CBDO         | CORP              | KY        |    530865 | PA      | $523841.89    | 0.04%             | 2029-04-20      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                               | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4800000 | PA      | $3415285.92   | 0.29%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                     | Kilroy Realty LP                                                                  | CUSIP: 49427RAL6<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1640935.03   | 0.14%             | 2025-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                       | Walgreens Boots Alliance, Inc.                                                    | CUSIP: 93142XNB3<br>LEI: 549300RPTUOIXG4LIH86 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499224.00    | 0.04%             | 2023-01-11      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                 | UMBS                                                                              | CUSIP: 3138WJGA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    282513 | PA      | $264995.94    | 0.02%             | 2031-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** EQ Advisors Trust

**Signature:** Brian Walsh

**Name of Signer:** Brian Walsh

**Title:** Chief Financial Officer and Treasurer