# EDGAR Filing Document

**Accession Number:** 0000917469
**File Stem:** 0001410368-25-031121
**Filing Date:** 2025-11
**Character Count:** 278930
**Document Hash:** 71cca39631591ec265fa12529d07d8c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-031121.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001410368-25-031121

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LOOMIS SAYLES FUNDS I
- **CENTRAL INDEX KEY:** 0000917469

**ORGANIZATION NAME:**
- **EIN:** 043219179
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08282
- **FILM NUMBER:** 251522583

**BUSINESS ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 617-449-2810

**MAIL ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS II
- **DATE OF NAME CHANGE:** 20031119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 20031015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS I
- **DATE OF NAME CHANGE:** 20030718

## Series and Classes Contracts Data

### Loomis Sayles Securitized Asset Fund (Series ID: S000006639)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000018125 | Institutional Class | LSSAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LOOMIS SAYLES FUNDS I

- **b. Investment Company Act file number:** 811-08282

- **c. CIK number of Registrant:** 0000917469

- **d. LEI of Registrant:** 549300826G7KS737WZ11

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

  - **Street Address 1:** 888 BOYLSTON STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199-8197

  - **Telephone number:** 617-449-2139

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

- **a. Name of Series:** Loomis Sayles Securitized Asset Fund

- **b. EDGAR series identifier (if any):** S000006639

- **c. LEI of Series:** 549300LK4FBVP0RT7L56

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1781215357.70

**Total Liabilities:** $194723391.86

**Net Assets:** $1586491965.84

**Delayed Delivery Securities:** $148060020.75

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1629.61000000 | **1-Year:** -35459.49000000 | **5-Year:** -63340.23000000 | **10-Year:** -9293.25000000 | **30-Year:** -167.60000000

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

- **3-Month:** -602.62000000 | **1-Year:** -5343.10000000 | **5-Year:** -12981.23000000 | **10-Year:** -19748.93000000 | **30-Year:** -3260.95000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018125 | -0.43%               | 1.48%                | 1.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $386839.74               | $-9535857.69                               |
| Month 2  | $554086.71               | $14916358.05                               |
| Month 3  | $-6655825.70             | $18646539.28                               |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140QPKJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  26017955 | PA      | $22909753.79  | 1.44%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                               | Benchmark 2019-B10 Mortgage Trust                                  | CUSIP: 08162VAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3330000 | PA      | $3243951.80   | 0.20%             | 2062-03-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                         | Morgan Stanley Capital I Trust 2021-L5                             | CUSIP: 61691YAJ0<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |   2085000 | PA      | $1888006.28   | 0.12%             | 2054-05-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FCUJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168931 | PA      | $26837.52     | 0.00%             | 2035-07-25      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31397BRJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    545034 | PA      | $50325.34     | 0.00%             | 2036-10-15      | Floating      | 2.13%                 | No            |                  3 | On Loan: No      |
| Home Partners of America Trust                         | Home Partners of America 2021-1 Trust                              | CUSIP: 437300AE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1373508 | PA      | $1238349.83   | 0.08%             | 2041-09-17      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust          | JP Morgan Chase Commercial Mortgage Securities Trust 2015-JP1      | CUSIP: 46590KAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2969000 | PA      | $2950078.56   | 0.19%             | 2049-01-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H73R2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  79030570 | PA      | $1346997.04   | 0.08%             | 2032-03-25      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137AFJS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    726696 | PA      | $64943.38     | 0.00%             | 2041-09-15      | Floating      | 1.41%                 | No            |                  3 | On Loan: No      |
| Accelerated Assets LLC                                 | Accelerated Assets 2018-1 LLC                                      | CUSIP: 00436MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    534815 | PA      | $529213.34    | 0.03%             | 2033-12-02      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRUST                       | SoFi Consumer Loan Program 2025-2 Trust                            | CUSIP: 83407HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    673861 | PA      | $677349.56    | 0.04%             | 2034-06-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer LLC                     | MetroNet Infrastructure Issuer LLC                                 | CUSIP: 59170JAZ1<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |   1630000 | PA      | $1642019.95   | 0.10%             | 2055-08-20      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| TYSN 2023-CRNR Mortgage Trust                          | TYSN 2023-CRNR Mortgage Trust                                      | CUSIP: 87332PAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2870000 | PA      | $3030276.01   | 0.19%             | 2033-12-10      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RPA8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4276861 | PA      | $143129.24    | 0.01%             | 2066-01-20      | Variable      | 1.78%                 | No            |                  3 | On Loan: No      |
| Volofin Finance Designated Activity Company            | Volofin Finance Designated Activity Co                             | CUSIP: 92873RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1341788 | PA      | $1367898.73   | 0.09%             | 2037-06-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RKR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4911 | PA      | $4752.18      | 0.00%             | 2065-03-20      | Variable      | 4.70%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RJ84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  44104013 | PA      | $2275705.30   | 0.14%             | 2063-04-16      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC                                    | Frontier Issuer LLC                                                | CUSIP: 35910EAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1615000 | PA      | $1666549.19   | 0.11%             | 2054-06-20      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136BB2C5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2331837 | PA      | $458334.52    | 0.03%             | 2040-12-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                                     | Aqua Finance Trust 2021-A                                          | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3520366 | PA      | $3263001.14   | 0.21%             | 2046-07-17      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AGRW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    396352 | PA      | $348278.48    | 0.02%             | 2043-07-25      | Floating      | 1.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AXPC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  30947840 | PA      | $1232723.63   | 0.08%             | 2047-08-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 31418CP99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1496850 | PA      | $1351282.30   | 0.09%             | 2047-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BKE1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     31003 | PA      | $30720.60     | 0.00%             | 2060-12-20      | Floating      | 4.97%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379UAT3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4932584 | PA      | $130839.61    | 0.01%             | 2057-01-16      | Variable      | 0.60%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38384LQP7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  48161323 | PA      | $3144048.25   | 0.20%             | 2075-07-20      | Variable      | 0.44%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FFTC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11617 | PA      | $2422.96      | 0.00%             | 2038-03-25      | Variable      | 7.00%                 | No            |                  3 | On Loan: No      |
| Credit Suisse Mortgage Trust                           | CSMC 2014-USA OA LLC                                               | CUSIP: 12649AAL3<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   3600000 | PA      | $2843100.00   | 0.18%             | 2037-09-15      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379K2B3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8342511 | PA      | $26312.70     | 0.00%             | 2055-07-16      | Variable      | 0.12%                 | No            |                  3 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2020-G                   | CUSIP: 63941UAA1<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    715997 | PA      | $672173.82    | 0.04%             | 2069-09-16      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                  | Wells Fargo Commercial Mortgage Trust 2019-C54                     | CUSIP: 95001YAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5012000 | PA      | $4762488.11   | 0.30%             | 2052-12-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136A4WJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    910673 | PA      | $123600.00    | 0.01%             | 2042-03-25      | Floating      | 2.03%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FHQ89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        | 121442419 | PA      | $436816.24    | 0.03%             | 2033-08-25      | Variable      | 0.15%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                            | Hertz Vehicle Financing III LP                                     | CUSIP: 42806MAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3960000 | PA      | $3858406.20   | 0.24%             | 2027-12-27      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378XQX2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8995019 | PA      | $30690.82     | 0.00%             | 2054-08-16      | Variable      | 0.18%                 | No            |                  3 | On Loan: No      |
| SFS Auto Receivables Securitization Trust              | SFS Auto Receivables Securitization Trust 2023-1                   | CUSIP: 78398AAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $128648.16    | 0.01%             | 2031-02-20      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| Reach Financial LLC                                    | Reach ABS Trust 2025-1                                             | CUSIP: 75525PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    307885 | PA      | $309045.45    | 0.02%             | 2032-08-16      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mortgage Trust              | Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10 | CUSIP: 06054MAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $992179.70    | 0.06%             | 2049-07-15      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                            | Extended Stay America Trust 2025-ESH                               | CUSIP: 30227TAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    395000 | PA      | $395000.00    | 0.02%             | 2042-10-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II, LLC                     | Compass Datacenters Issuer II LLC                                  | CUSIP: 20469CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1310000 | PA      | $1328410.74   | 0.08%             | 2050-05-25      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                                        | MVW 2021-1W LLC                                                    | CUSIP: 55389TAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    153497 | PA      | $147821.51    | 0.01%             | 2041-01-22      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2021-G                   | CUSIP: 63942KAA2<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   1147453 | PA      | $1037071.07   | 0.07%             | 2070-04-15      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| USB Auto Owner Trust                                   | USB Auto Owner Trust 2025-1                                        | CUSIP: 90367VAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    625000 | PA      | $631018.13    | 0.04%             | 2031-01-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                 | Chase Auto Owner Trust 2024-4                                      | CUSIP: 16144YAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2259909.74   | 0.14%             | 2030-07-25      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38373MVS6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2495433 | PA      | $24172.79     | 0.00%             | 2046-04-16      | Variable      | 0.48%                 | No            |                  3 | On Loan: No      |
| Veros Auto Receivables Trust                           | Veros Auto Receivables Trust 2025-1                                | CUSIP: 92511BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    462763 | PA      | $461765.87    | 0.03%             | 2028-09-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FX2Z4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14682644 | PA      | $12464280.77  | 0.79%             | 2063-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                             | GLS Auto Receivables Issuer Trust 2024-3                           | CUSIP: 37989AAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    651000 | PA      | $656993.11    | 0.04%             | 2031-02-18      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380P6Y5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  38812618 | PA      | $2840221.97   | 0.18%             | 2062-08-16      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Program LLC                   | SoFi Professional Loan Program 2021-B Trust                        | CUSIP: 83405NAA4<br>LEI: 5493002WMPR84WZ75V46 | Long             | ABS-O            | CORP              | US        |   1202856 | PA      | $1055200.76   | 0.07%             | 2047-02-15      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381DZE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  52401239 | PA      | $3582311.13   | 0.23%             | 2063-04-16      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                      | GLS Auto Select Receivables Trust 2025-3                           | CUSIP: 36272GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1035000 | PA      | $1042102.17   | 0.07%             | 2030-10-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust 2018-C                            | CUSIP: 78449QAB3<br>LEI: 549300V1P5RKG8RJI005 | Long             | ABS-O            | CORP              | US        |   1192974 | PA      | $1187302.70   | 0.07%             | 2035-11-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Mariner Finance Issuance Trust                         | Mariner Finance Issuance Trust 2024-A                              | CUSIP: 567928AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1345000 | PA      | $1370753.93   | 0.09%             | 2036-09-22      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378NHQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    720751 | PA      | $1020.52      | 0.00%             | 2055-05-16      | Variable      | 0.14%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381DM23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  44814772 | PA      | $2899202.02   | 0.18%             | 2063-04-16      | Variable      | 0.91%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BSF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4192 | PA      | $3766.37      | 0.00%             | 2062-05-20      | Fixed         | 2.00%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378TAC4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    653355 | PA      | $589167.90    | 0.04%             | 2043-05-20      | Floating      | 5.00%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381Y4N1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    324000 | PA      | $247361.90    | 0.02%             | 2049-10-20      | Fixed         | 3.50%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140KVD72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    291378 | PA      | $230243.39    | 0.01%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust          | Bridgecrest Lending Auto Securitization Trust 2024-1               | CUSIP: 107933AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    128723 | PA      | $128823.66    | 0.01%             | 2028-01-18      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities               | Freddie Mac Structured Pass-Through Certificates                   | CUSIP: 31395A3J2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1782125 | PA      | $1726575.73   | 0.11%             | 2044-07-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                        | OHA Credit Funding 3 LTD                                           | CUSIP: 67112RBE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4205000 | PA      | $4215605.01   | 0.27%             | 2038-01-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FXVL3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  19500724 | PA      | $15902867.48  | 1.00%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust       | World Omni Automobile Lease Securitization Trust 2023-A            | CUSIP: 981944AE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    293967 | PA      | $294111.57    | 0.02%             | 2028-07-17      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                      | GLS Auto Select Receivables Trust 2025-1                           | CUSIP: 36271FAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    180000 | PA      | $182805.84    | 0.01%             | 2031-02-15      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378BRQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3384438 | PA      | $32.83        | 0.00%             | 2052-04-16      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| BCC Middle Market CLO                                  | BCC Middle Market CLO 2019-1 LLC                                   | CUSIP: 05550GAU1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3245000 | PA      | $3246554.36   | 0.20%             | 2036-07-15      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2020-D                   | CUSIP: 63941HAA0<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    703529 | PA      | $667804.96    | 0.04%             | 2069-05-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31394DDX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    471431 | PA      | $452694.21    | 0.03%             | 2035-04-25      | Floating      | 6.81%                 | No            |                  3 | On Loan: No      |
| Fanniemae-Aces                                         | Fannie Mae-Aces                                                    | CUSIP: 3136BBGX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14853703 | PA      | $531227.82    | 0.03%             | 2032-04-25      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RU38<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    803938 | PA      | $36813.19     | 0.00%             | 2067-01-20      | Variable      | 2.38%                 | No            |                  3 | On Loan: No      |
| Toyota Auto Loan Extended Note Trust                   | Toyota Auto Loan Extended Note Trust 2025-1                        | CUSIP: 891950AA5<br>LEI: 254900QVX5SBHB37FT67 | Long             | ABS-O            | CORP              | US        |   3265000 | PA      | $3327368.36   | 0.21%             | 2038-05-25      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380MBL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  18454582 | PA      | $588553.53    | 0.04%             | 2060-08-16      | Variable      | 0.46%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                               | Mill City Mortgage Loan Trust 2019-1                               | CUSIP: 59981AAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1646966 | PA      | $1567578.58   | 0.10%             | 2069-10-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RLZ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    156843 | PA      | $152546.99    | 0.01%             | 2065-09-20      | Variable      | 4.49%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H7MB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  45882241 | PA      | $934217.49    | 0.06%             | 2032-04-25      | Variable      | 0.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136A72Z4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2350556 | PA      | $240416.84    | 0.02%             | 2042-09-25      | Floating      | 1.53%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380NDZ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9244829 | PA      | $550653.44    | 0.03%             | 2060-12-16      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380QS86<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4026201 | PA      | $35375.21     | 0.00%             | 2068-01-20      | Variable      | 0.01%                 | No            |                  3 | On Loan: No      |
| Foursight Capital Automobile Receivables Trust         | Foursight Capital Automobile Receivables Trust 2023-2              | CUSIP: 35104AAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1776604.73   | 0.11%             | 2028-11-15      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 31427N4D8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  20000000 | PA      | $20481103.97  | 1.29%             | 2055-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Education Funding Trust                                | Education Funding Trust Trust                                      | CUSIP: 28141PAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    744081 | PA      | $713298.32    | 0.04%             | 2041-07-25      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                         | Carvana Auto Receivables Trust 2024-P1                             | CUSIP: 14688NAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    442000 | PA      | $449968.29    | 0.03%             | 2030-03-11      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AFUN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2690591 | PA      | $339824.17    | 0.02%             | 2043-07-25      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| VIVINT SOLAR FINANCING LLC                             | Vivint Solar Financing V LLC                                       | CUSIP: 92854VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1070364 | PA      | $1022900.92   | 0.06%             | 2048-04-30      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 31418FQH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10000000 | PA      | $10348355.60  | 0.65%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust               | AmeriCredit Automobile Receivables Trust 2024-1                    | CUSIP: 023947AD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    910000 | PA      | $919575.93    | 0.06%             | 2029-01-18      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379KF37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  12648180 | PA      | $237412.67    | 0.01%             | 2057-03-16      | Variable      | 0.58%                 | No            |                  3 | On Loan: No      |
| Willis Engine Securitization Trust                     | Willis Engine Structured Trust VII                                 | CUSIP: 97064YAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700914 | PA      | $725502.20    | 0.05%             | 2048-10-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38373MWF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1230110 | PA      | $22611.98     | 0.00%             | 2046-08-16      | Variable      | 0.94%                 | No            |                  3 | On Loan: No      |
| Freddiemac Strip                                       | Freddie Mac Strips                                                 | CUSIP: 31282YDH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113087 | PA      | $13592.81     | 0.00%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| CLSEC Holdings 22T LLC                                 | Clsec Holdings 22t LLC                                             | CUSIP: 12567UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2985426 | PA      | $2781525.13   | 0.18%             | 2037-05-11      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137F7E68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2360885 | PA      | $449682.72    | 0.03%             | 2042-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136APE32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    269145 | PA      | $227939.13    | 0.01%             | 2041-05-25      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust 2021-D                            | CUSIP: 78449MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    587645 | PA      | $553559.66    | 0.03%             | 2053-03-17      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Bills                                                | CUSIP: 912797RP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  63730000 | PA      | $63390956.40  | 4.00%             | 2025-11-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                         | Carvana Auto Receivables Trust 2023-P4                             | CUSIP: 14687NAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1605000 | PA      | $1665612.83   | 0.10%             | 2029-09-10      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FAZ94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    105760 | PA      | $13075.85     | 0.00%             | 2033-11-25      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140QNF80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  30972516 | PA      | $27448054.60  | 1.73%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust           | American Credit Acceptance Receivables Trust 2022-4                | CUSIP: 02529XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1978740 | PA      | $2001450.71   | 0.13%             | 2029-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                 | SLM Private Credit Student Loan Trust 2003-A                       | CUSIP: 78443CAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    239000 | PA      | $238507.66    | 0.02%             | 2032-06-15      | Variable      | 7.03%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                  | Westlake Automobile Receivables Trust 2024-2                       | CUSIP: 96042YAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1230000 | PA      | $1242066.30   | 0.08%             | 2030-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust 2018-A                            | CUSIP: 78449PAC3<br>LEI: 549300QHI21JZK7YIR34 | Long             | ABS-O            | CORP              | US        |    774734 | PA      | $774339.76    | 0.05%             | 2036-02-15      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RCN4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      7584 | PA      | $7240.89      | 0.00%             | 2063-05-20      | Floating      | 4.75%                 | No            |                  3 | On Loan: No      |
| CarMax Select Receivables Trust                        | CarMax Select Receivables Trust 2025-A                             | CUSIP: 14319UAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1680000 | PA      | $1695671.38   | 0.11%             | 2029-09-17      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| BMO 2022-C1 Mortgage Trust                             | BMO 2022-C1 Mortgage Trust                                         | CUSIP: 05609MCC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4970000 | PA      | $4574631.53   | 0.29%             | 2055-02-15      | Variable      | 3.37%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BNE8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     12011 | PA      | $11909.66     | 0.00%             | 2061-10-20      | Floating      | 5.07%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137HH4F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  51970719 | PA      | $51509302.11  | 3.25%             | 2050-11-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ELARA HGV TIMESHARE ISSUER                             | Elara HGV Timeshare Issuer 2023-A LLC                              | CUSIP: 28415AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    953635 | PA      | $987531.48    | 0.06%             | 2038-02-25      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| Eldridge CLO Ltd                                       | Eldridge CLO 2025-1 Ltd                                            | CUSIP: 284913AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3020000 | PA      | $3020000.00   | 0.19%             | 2038-10-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                           | CSMC 2014-USA OA LLC                                               | CUSIP: 12649AAJ8<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   2110000 | PA      | $1814072.50   | 0.11%             | 2037-09-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| BasePoint MCA Securitization LLC                       | Basepoint Mca Securitization II LLC                                | CUSIP: 06983XAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1495000 | PA      | $1491045.73   | 0.09%             | 2031-08-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                | CarMax Auto Owner Trust 2024-2                                     | CUSIP: 14319EAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2325000 | PA      | $2389725.68   | 0.15%             | 2029-11-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31395D7A1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    508404 | PA      | $618615.57    | 0.04%             | 2036-06-25      | Floating      | 7.81%                 | No            |                  3 | On Loan: No      |
| Credit Suisse Mortgage Trust                           | CSMC 2014-USA OA LLC                                               | CUSIP: 12649AAC3<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   6160000 | PA      | $5628700.00   | 0.35%             | 2037-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| EquipmentShare                                         | Crockett Partners Equipment Co IIA LLC                             | CUSIP: 22689LAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1410303 | PA      | $1426762.74   | 0.09%             | 2031-01-20      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BGP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     22440 | PA      | $22173.21     | 0.00%             | 2060-10-20      | Floating      | 4.82%                 | No            |                  3 | On Loan: No      |
| Bank                                                   | BANK 2020-BNK28                                                    | CUSIP: 06540YAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    785000 | PA      | $689631.84    | 0.04%             | 2063-03-15      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| FRESB Multifamily Mortgage Pass-Through Certifica      | FRESB 2021-SB91 Mortgage Trust                                     | CUSIP: 30322XAE5<br>LEI: 549300P6Y1UBYR0WQ049 | Long             | ABS-MBS          | USGSE             | US        |  22244535 | PA      | $579654.76    | 0.04%             | 2041-08-25      | Variable      | 0.67%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FNB41<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10718 | PA      | $10729.15     | 0.00%             | 2029-07-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                           | GS Mortgage Securities Trust 2020-GC45                             | CUSIP: 36258YBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2555000 | PA      | $2393782.82   | 0.15%             | 2053-02-13      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| World Financial Network Credit Card Master Trust       | World Financial Network Credit Card Master Trust                   | CUSIP: 981464HR4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1040000 | PA      | $1062964.24   | 0.07%             | 2031-02-15      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380PWY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  43891177 | PA      | $2534359.94   | 0.16%             | 2062-06-16      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| Regional Management Issuance Trust                     | Regional Management Issuance Trust 2024-1                          | CUSIP: 758983AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    690000 | PA      | $705604.35    | 0.04%             | 2036-07-15      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38382JZ41<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1920112 | PA      | $363871.28    | 0.02%             | 2050-09-20      | Fixed         | 3.50%                 | No            |                  3 | On Loan: No      |
| Towd Point Mortgage Trust                              | Towd Point Mortgage Trust 2020-4                                   | CUSIP: 89179JAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4111998.50   | 0.26%             | 2060-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issuer Trust                 | GreenSky Home Improvement Issuer Trust 2024-2                      | CUSIP: 39571XAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    197649 | PA      | $200502.86    | 0.01%             | 2059-10-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SCOTT Trust 2023-SFS                                   | SCOTT Trust 2023-SFS                                               | CUSIP: 810064AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    495000 | PA      | $509046.91    | 0.03%             | 2040-03-10      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                            | Legacy Mortgage Asset Trust 2020-RPL1                              | CUSIP: 52474HAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4515000 | PA      | $4102063.07   | 0.26%             | 2059-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RVY9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     92414 | PA      | $88667.99     | 0.01%             | 2063-08-20      | Variable      | 4.41%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RXN1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1192831 | PA      | $1160687.07   | 0.07%             | 2066-03-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                       | RALI Series 2006-QS13 Trust                                        | CUSIP: 75115DAM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       714 | PA      | $381.14       | 0.00%             | 2061-11-25      | Fixed         | 5.75%                 | No            |                  3 | On Loan: No      |
| Octagon Investment Partners Ltd                        | Octagon Investment Partners 18-R Ltd                               | CUSIP: 67576FAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2040000 | PA      | $2040856.60   | 0.13%             | 2031-04-16      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                              | MSBAM Commercial Mortgage Securities Trust 2012-CKSV               | CUSIP: 553514AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1057211 | PA      | $1006993.02   | 0.06%             | 2030-10-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                                | NYMT Loan Trust Series 2024-BPL3                                   | CUSIP: 67119RAA5<br>LEI: 254900Q6RDCV3HGA6340 | Long             | ABS-MBS          | CORP              | US        |   1620000 | PA      | $1621842.26   | 0.10%             | 2039-09-25      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381VZ37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7428501 | PA      | $790184.49    | 0.05%             | 2043-08-20      | Floating      | 1.75%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                            | Extended Stay America Trust 2021-ESH                               | CUSIP: 30227FAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3077958 | PA      | $3077957.51   | 0.19%             | 2038-07-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                 | US ULTRA BOND CBT DEC25                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        69 | NC      | $213326.06    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375B2R2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    544782 | PA      | $20463.26     | 0.00%             | 2063-06-20      | Variable      | 1.28%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FXVK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        | 102741199 | PA      | $83785748.55  | 5.28%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FWHG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  53662423 | PA      | $4940591.97   | 0.31%             | 2035-07-25      | Variable      | 1.44%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                      | Credit Acceptance Auto Loan Trust 2023-1                           | CUSIP: 224927AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4270000 | PA      | $4324100.90   | 0.27%             | 2033-05-16      | Fixed         | 7.02%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                         | Carvana Auto Receivables Trust 2021-N1                             | CUSIP: 14687DAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    363638 | PA      | $357070.45    | 0.02%             | 2028-01-10      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 31417A6P9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    444828 | PA      | $421594.68    | 0.03%             | 2052-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 31427N7A1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8094307 | PA      | $8261588.24   | 0.52%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust 2021-A                            | CUSIP: 78448YAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1441005 | PA      | $1313398.16   | 0.08%             | 2053-01-15      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| Zayo Issuer LLC                                        | Zayo Issuer LLC                                                    | CUSIP: 98919WAN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2220000 | PA      | $2243556.42   | 0.14%             | 2055-10-20      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Securitized Term Auto Receivables Trust                | Securitized Term Auto Receivables Trust                            | CUSIP: 81378RAB0<br>LEI: 254900DVX7EZK9JMUP63 | Long             | ABS-O            | CORP              | CA        |    411083 | PA      | $414184.88    | 0.03%             | 2031-07-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust          | BHG Securitization Trust 2023-A                                    | CUSIP: 08860FAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1825000 | PA      | $1848429.35   | 0.12%             | 2036-04-17      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Synchrony Card Issuance Trust                          | Synchrony Card Funding LLC                                         | CUSIP: 87166PAM3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1395000 | PA      | $1415599.13   | 0.09%             | 2030-03-15      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378BWM7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4620265 | PA      | $39574.84     | 0.00%             | 2053-03-16      | Variable      | 0.35%                 | No            |                  3 | On Loan: No      |
| Willis Engine Securitization Trust                     | Willis Engine Structured Trust V                                   | CUSIP: 97064FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2637323 | PA      | $2533978.24   | 0.16%             | 2045-03-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                                      | PRPM 2024-RCF1 LLC                                                 | CUSIP: 693581AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    338260 | PA      | $333319.33    | 0.02%             | 2054-01-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AJN51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    573270 | PA      | $41553.93     | 0.00%             | 2044-05-25      | Floating      | 1.58%                 | No            |                  3 | On Loan: No      |
| The Huntington National Bank                           | Huntington Bank Auto Credit-Linked Notes Series 2024-1             | CUSIP: 44644NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    249137 | PA      | $253349.25    | 0.02%             | 2032-05-20      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FAA75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    156379 | PA      | $17711.80     | 0.00%             | 2033-03-25      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FEN73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     83608 | PA      | $13445.26     | 0.00%             | 2037-03-25      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379KPC6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2523787 | PA      | $33177.02     | 0.00%             | 2057-07-16      | Variable      | 0.32%                 | No            |                  3 | On Loan: No      |
| LAD Auto Receivables Trust                             | LAD Auto Receivables Trust 2025-1                                  | CUSIP: 505712AD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1272123.75   | 0.08%             | 2030-04-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137A6WD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    183907 | PA      | $131650.64    | 0.01%             | 2041-02-15      | Floating      | 0.26%                 | No            |                  3 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust          | JP Morgan Chase Commercial Mortgage Securities Trust 2012-LC9      | CUSIP: 46639EAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560028 | PA      | $543254.95    | 0.03%             | 2047-12-15      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FPJA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3331058 | PA      | $170494.54    | 0.01%             | 2034-08-25      | Variable      | 0.98%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38382BYR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8447001 | PA      | $1018117.85   | 0.06%             | 2044-02-20      | Floating      | 1.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381TYT6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7194804 | PA      | $6840481.80   | 0.43%             | 2049-04-20      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| FRESB Multifamily Mortgage Pass-Through Certifica      | FRESB 2022-SB95 Mortgage Trust                                     | CUSIP: 35802DAD9<br>LEI: 549300P6Y1UBYR0WQ049 | Long             | ABS-MBS          | USGSE             | US        |  83692904 | PA      | $1128866.63   | 0.07%             | 2041-11-25      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380LGT4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    138584 | PA      | $131920.42    | 0.01%             | 2068-08-20      | Variable      | 4.66%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae II Pool                                                 | CUSIP: 3620ACDL5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         8 | PA      | $8.34         | 0.00%             | 2059-11-20      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FUZK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  51551715 | PA      | $5607981.15   | 0.35%             | 2035-05-25      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasing Trust                  | GM Financial Automobile Leasing Trust 2025-1                       | CUSIP: 36271VAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2085000 | PA      | $2109711.42   | 0.13%             | 2029-02-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRUL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17193176 | PA      | $918820.50    | 0.06%             | 2030-01-25      | Variable      | 1.64%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376G3S7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1377968 | PA      | $1297.87      | 0.00%             | 2051-08-16      | Variable      | 0.13%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9JL4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        | 100000000 | PA      | $1409790.00   | 0.09%             | 2032-11-25      | Variable      | 0.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378BDB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3430156 | PA      | $22655.26     | 0.00%             | 2053-06-16      | Variable      | 0.24%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31397RKT2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    174956 | PA      | $192181.12    | 0.01%             | 2038-02-15      | Floating      | 5.06%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H93E7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  82025787 | PA      | $1490572.61   | 0.09%             | 2032-08-25      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| Empower CLO Ltd.                                       | Empower CLO 2025-1 Ltd                                             | CUSIP: 29249DAA9<br>LEI: 213800DM8ZNUIQ1JCN40 | Long             | ABS-CBDO         | CORP              | KY        |   1530000 | PA      | $1535942.52   | 0.10%             | 2038-07-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                               | Foundation Finance Trust 2025-1                                    | CUSIP: 35040WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    381521 | PA      | $386558.38    | 0.02%             | 2050-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                               | JP Morgan Mortgage Trust 2017-4                                    | CUSIP: 46648UAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8046814 | PA      | $96752.08     | 0.01%             | 2048-11-25      | Variable      | 0.37%                 | No            |                  3 | On Loan: No      |
| Towd Point Mortgage Trust                              | Towd Point Mortgage Trust 2018-4                                   | CUSIP: 89175TAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2325000 | PA      | $1996644.44   | 0.13%             | 2058-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375URS1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    255326 | PA      | $9886.11      | 0.00%             | 2064-09-20      | Variable      | 0.92%                 | No            |                  3 | On Loan: No      |
| Lex Commercial Loan Master Trust                       | LEX 2024-BBG Mortgage Trust                                        | CUSIP: 52885AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $604279.80    | 0.04%             | 2033-10-13      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                     | CyrusOne Data Centers Issuer I LLC                                 | CUSIP: 23284BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3020000 | PA      | $2969414.09   | 0.19%             | 2049-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                         | Fannie Mae-Aces                                                    | CUSIP: 3136B56F7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  22393310 | PA      | $244067.14    | 0.02%             | 2034-08-25      | Variable      | 0.42%                 | No            |                  3 | On Loan: No      |
| SBNA Auto Lease Trust                                  | SBNA Auto Lease Trust 2024-B                                       | CUSIP: 78437VAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    710000 | PA      | $721482.83    | 0.05%             | 2028-12-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| NY Commercial Mortgage Trust                           | NY Commercial Mortgage Trust 2025-299P                             | CUSIP: 62957FAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3180000 | PA      | $3338602.18   | 0.21%             | 2047-02-10      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BPW39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6373992 | PA      | $23955.18     | 0.00%             | 2026-03-25      | Variable      | 1.47%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31398JLT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    671593 | PA      | $630369.51    | 0.04%             | 2048-06-15      | Variable      | 2.54%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FEN81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49303 | PA      | $8434.09      | 0.00%             | 2037-03-25      | Variable      | 7.00%                 | No            |                  3 | On Loan: No      |
| Auxilior Term Funding LLC                              | Auxilior Term Funding 2023-1 LLC                                   | CUSIP: 05335JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    199419 | PA      | $200873.99    | 0.01%             | 2028-12-15      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380QYD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  24935101 | PA      | $203978.35    | 0.01%             | 2070-04-20      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Uniti Fiber ABS Issuer LLC                             | Uniti Fiber Abs Issuer Llc                                         | CUSIP: 91326EAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    880000 | PA      | $896197.28    | 0.06%             | 2055-04-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RQU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8818920 | PA      | $620005.33    | 0.04%             | 2063-05-16      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376GHW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    211994 | PA      | $8216.17      | 0.00%             | 2052-10-16      | Variable      | 1.45%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38382YBK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1452841 | PA      | $1443910.54   | 0.09%             | 2071-07-20      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust     | GM Financial Consumer Automobile Receivables Trust 2024-2          | CUSIP: 379931AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1060000 | PA      | $1069666.14   | 0.07%             | 2029-03-16      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376GVB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1534795 | PA      | $21600.89     | 0.00%             | 2052-12-16      | Variable      | 1.01%                 | No            |                  3 | On Loan: No      |
| Sunnova Sol III Issuer LLC                             | Sunnova Sol III Issuer LLC                                         | CUSIP: 86745QAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    293432 | PA      | $243898.57    | 0.02%             | 2056-04-28      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust     | GM Financial Consumer Automobile Receivables Trust 2025-1          | CUSIP: 362955AF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    490000 | PA      | $500472.77    | 0.03%             | 2030-08-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AUUY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2840088 | PA      | $237173.15    | 0.01%             | 2046-12-25      | Floating      | 2.18%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 3132DWDJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7290842 | PA      | $6172639.60   | 0.39%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTBP1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13598504 | PA      | $832541.23    | 0.05%             | 2030-03-25      | Variable      | 1.81%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                 | Santander Drive Auto Receivables Trust 2025-2                      | CUSIP: 80287NAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1910000 | PA      | $1926548.24   | 0.12%             | 2029-08-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                           | GS Mortgage Securities Corp Trust 2013-PEMB                        | CUSIP: 36197VAA6<br>LEI: 549300E4QCAQ0FY44H36 | Long             | ABS-MBS          | CORP              | US        |   5775000 | PA      | $4879875.00   | 0.31%             | 2033-03-05      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AGY22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1047514 | PA      | $131531.84    | 0.01%             | 2043-11-25      | Floating      | 2.13%                 | No            |                  3 | On Loan: No      |
| Santander Drive Auto Receivables Trust                 | Santander Drive Auto Receivables Trust 2023-2                      | CUSIP: 80287JAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3075000 | PA      | $3119678.83   | 0.20%             | 2030-12-16      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378BYY9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  16859222 | PA      | $127010.64    | 0.01%             | 2052-09-16      | Variable      | 0.33%                 | No            |                  3 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                      | Credit Acceptance Auto Loan Trust 2023-3                           | CUSIP: 224936AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    338282 | PA      | $340561.65    | 0.02%             | 2033-08-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                          | UBS Commercial Mortgage Trust 2019-C16                             | CUSIP: 90276YAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1350000 | PA      | $1301770.71   | 0.08%             | 2052-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DC Commercial Mortgage Trust                           | DC Commercial Mortgage Trust 2023-DC                               | CUSIP: 24023AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2520000 | PA      | $2609525.52   | 0.16%             | 2040-09-12      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC               | Avis Budget Rental Car Funding AESOP LLC                           | CUSIP: 05377RHY3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   3215000 | PA      | $3330379.92   | 0.21%             | 2030-06-20      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| Symetra CLO Ltd                                        | Symetra CLO 2025-1 Ltd                                             | CUSIP: 87153AAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5130000 | PA      | $5130200.07   | 0.32%             | 2038-04-20      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| APL Finance LLC                                        | APL Finance 2023-1 DAC                                             | CUSIP: 03790CAA9<br>LEI: 6354009RKO5CXUKYBH41 | Long             | ABS-O            | CORP              | US        |    199871 | PA      | $203291.73    | 0.01%             | 2031-07-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                                | NYMT Loan Trust 2024-CP1                                           | CUSIP: 67118PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    635788 | PA      | $589976.51    | 0.04%             | 2068-02-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RYD6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  34216281 | PA      | $2717285.96   | 0.17%             | 2062-08-16      | Variable      | 1.14%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31398QSU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    788201 | PA      | $71673.25     | 0.00%             | 2040-10-15      | Floating      | 2.01%                 | No            |                  3 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FEU75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153044 | PA      | $27161.46     | 0.00%             | 2037-07-25      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| Compass Datacenters Issuer II, LLC                     | Compass Datacenters Issuer II LLC                                  | CUSIP: 20469AAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1765000 | PA      | $1773482.94   | 0.11%             | 2049-08-25      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| GECU Auto Receivables Trust                            | GECU Auto Receivables Trust 2023-1                                 | CUSIP: 36169EAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2440000 | PA      | $2488687.27   | 0.16%             | 2029-10-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer III, LLC                    | Compass Datacenters Issuer III LLC                                 | CUSIP: 20469BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1375000 | PA      | $1403483.13   | 0.09%             | 2050-02-25      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                               | OBX 2019-EXP1 Trust                                                | CUSIP: 67448QAC5<br>LEI: 549300ELWOCL265HSB73 | Long             | ABS-MBS          | CORP              | US        |     20525 | PA      | $20339.45     | 0.00%             | 2059-01-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                               | Octane Receivables Trust 2024-2                                    | CUSIP: 67578YAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    580000 | PA      | $591307.10    | 0.04%             | 2032-07-20      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                                        | Slam 2021-1 Ltd                                                    | CUSIP: 78449AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3380513 | PA      | $3188548.20   | 0.20%             | 2046-06-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                            | Extended Stay America Trust 2021-ESH                               | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3018928 | PA      | $3018928.18   | 0.19%             | 2038-07-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Affirm Master Trust                                    | Affirm Master Trust Series 2025-3                                  | CUSIP: 00833BAP3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $319583.39    | 0.02%             | 2034-10-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AWBW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4214746 | PA      | $294212.39    | 0.02%             | 2047-04-25      | Floating      | 1.68%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31398TKX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     45687 | PA      | $41183.10     | 0.00%             | 2039-12-25      | Variable      | 1.90%                 | No            |                  3 | On Loan: No      |
| Chicago Board of Trade                                 | US 10YR ULTRA FUT DEC25                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       939 | NC      | $1171812.85   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQK28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  20531658 | PA      | $792604.12    | 0.05%             | 2034-10-25      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380P4H4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  18405496 | PA      | $1232310.52   | 0.08%             | 2062-10-16      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378NYK3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3929037 | PA      | $3503.60      | 0.00%             | 2054-01-16      | Variable      | 0.26%                 | No            |                  3 | On Loan: No      |
| Drive Auto Receivables Trust                           | Drive Auto Receivables Trust 2025-1                                | CUSIP: 262102AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    635000 | PA      | $638855.09    | 0.04%             | 2032-09-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RDP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  15384121 | PA      | $978490.10    | 0.06%             | 2063-01-16      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                               | Foundation Finance Trust 2024-1                                    | CUSIP: 349941AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    536453 | PA      | $552947.94    | 0.03%             | 2049-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                              | Towd Point Mortgage Trust 2020-2                                   | CUSIP: 89176UAR5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5555000 | PA      | $4622112.19   | 0.29%             | 2060-04-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                              | Nelnet Student Loan Trust 2021-A                                   | CUSIP: 64035DAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1630000 | PA      | $1471883.64   | 0.09%             | 2062-04-20      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FA2F6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    165549 | PA      | $20694.75     | 0.00%             | 2033-06-25      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380MLR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4165190 | PA      | $273473.88    | 0.02%             | 2058-06-16      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                              | Towd Point Mortgage Trust 2018-3                                   | CUSIP: 89175MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    416349 | PA      | $409413.11    | 0.03%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                               | Mill City Mortgage Loan Trust 2018-3                               | CUSIP: 59980XAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    298765 | PA      | $295126.04    | 0.02%             | 2058-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC                         | Wheels Fleet Lease Funding 1 LLC                                   | CUSIP: 96328GAT4<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   1335000 | PA      | $1350732.04   | 0.09%             | 2038-04-18      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136ARK49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4856313 | PA      | $401576.40    | 0.03%             | 2046-04-25      | Floating      | 1.63%                 | No            |                  3 | On Loan: No      |
| Triumph Rail LLC                                       | Triumph Rail Holdings LLC                                          | CUSIP: 89683LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3667963 | PA      | $3518823.70   | 0.22%             | 2051-06-19      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC                             | MMAF Equipment Finance LLC 2020-A                                  | CUSIP: 60700MAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $291863.86    | 0.02%             | 2042-10-09      | Fixed         | 1.56%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                         | Hyundai Auto Receivables Trust 2025-A                              | CUSIP: 44935CAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1565000 | PA      | $1580222.76   | 0.10%             | 2031-04-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                         | Morgan Stanley Capital I Trust 2011-C2                             | CUSIP: 617459AJ1<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    322017 | PA      | $318893.27    | 0.02%             | 2044-06-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC                         | Sunnova Helios XIII Issuer LLC                                     | CUSIP: 86745CAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    829797 | PA      | $770599.97    | 0.05%             | 2051-02-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136A1VK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    282244 | PA      | $259715.36    | 0.02%             | 2040-11-25      | Floating      | 3.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136B9S65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8422800 | PA      | $1549291.55   | 0.10%             | 2050-06-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                      | Citigroup Mortgage Loan Trust 2019-RP1                             | CUSIP: 17327RAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1448850 | PA      | $1346684.34   | 0.08%             | 2066-01-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379K6Q6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5085444 | PA      | $160541.97    | 0.01%             | 2055-11-16      | Variable      | 0.83%                 | No            |                  3 | On Loan: No      |
| Fanniemae-Aces                                         | Fannie Mae-Aces                                                    | CUSIP: 3136BBAL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13471082 | PA      | $280215.89    | 0.02%             | 2028-06-25      | Variable      | 1.96%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31394GGC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     35909 | PA      | $5008.16      | 0.00%             | 2033-07-15      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| Carvana Auto Receivables Trust                         | Carvana Auto Receivables Trust 2021-P2                             | CUSIP: 14687TAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5410000 | PA      | $5292084.72   | 0.33%             | 2027-06-10      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                                               | SLAM 2025-1 Ltd                                                    | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    632053 | PA      | $651565.48    | 0.04%             | 2050-05-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RKZ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2540 | PA      | $2464.84      | 0.00%             | 2061-08-20      | Floating      | 5.15%                 | No            |                  3 | On Loan: No      |
| Kestrel Aircraft Funding Limited                       | Kestrel Aircraft Funding Ltd                                       | CUSIP: 49255PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    691012 | PA      | $690100.25    | 0.04%             | 2038-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bank                                                   | BANK 2019-BNK22                                                    | CUSIP: 06540XBG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3525000 | PA      | $3326008.11   | 0.21%             | 2062-11-15      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BNF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     26433 | PA      | $25654.66     | 0.00%             | 2061-10-20      | Floating      | 4.75%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BWFX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  21194660 | PA      | $17561.26     | 0.00%             | 2026-12-25      | Variable      | 0.23%                 | No            |                  3 | On Loan: No      |
| Westlake Automobile Receivables Trust                  | Westlake Automobile Receivables Trust 2024-3                       | CUSIP: 96043CAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1520000 | PA      | $1528521.12   | 0.10%             | 2028-04-17      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31398WB86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    171966 | PA      | $174584.88    | 0.01%             | 2036-12-15      | Floating      | 4.51%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 3133B4CT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6051333 | PA      | $5097068.31   | 0.32%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378N4L4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4305713 | PA      | $59622.63     | 0.00%             | 2049-03-16      | Variable      | 0.48%                 | No            |                  3 | On Loan: No      |
| EverBright Solar Trust                                 | EverBright Solar Trust 2024-A                                      | CUSIP: 29977FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    716513 | PA      | $669573.81    | 0.04%             | 2054-06-22      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust 2019-B                            | CUSIP: 83192CAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5485000 | PA      | $5266981.67   | 0.33%             | 2043-06-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                 | Santander Drive Auto Receivables Trust 2024-5                      | CUSIP: 802920AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    395000 | PA      | $395815.68    | 0.02%             | 2028-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381DXB1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  50822199 | PA      | $3104575.70   | 0.20%             | 2063-07-16      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2019-C                   | CUSIP: 63940YAB2<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    427349 | PA      | $422126.57    | 0.03%             | 2068-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RZL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     22615 | PA      | $21580.42     | 0.00%             | 2066-08-20      | Variable      | 4.47%                 | No            |                  3 | On Loan: No      |
| EquipmentShare                                         | OWN Equipment Fund II LLC                                          | CUSIP: 690912AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    656540 | PA      | $661472.59    | 0.04%             | 2033-09-26      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381DK58<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10808885 | PA      | $619468.04    | 0.04%             | 2061-07-16      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38382YHB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    928089 | PA      | $901054.42    | 0.06%             | 2071-10-20      | Variable      | 2.83%                 | No            |                  3 | On Loan: No      |
| Business Jet Securities, LLC                           | Business Jet Securities 2024-2 LLC                                 | CUSIP: 12326TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2025556 | PA      | $2034043.84   | 0.13%             | 2039-09-15      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381TB53<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    941372 | PA      | $918485.76    | 0.06%             | 2069-04-20      | Variable      | 2.80%                 | No            |                  3 | On Loan: No      |
| Tricon American Homes                                  | Tricon American Homes 2020-SFR1                                    | CUSIP: 89613GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1275000 | PA      | $1250586.05   | 0.08%             | 2038-07-17      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375B6D9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     35475 | PA      | $34461.99     | 0.00%             | 2063-08-20      | Floating      | 5.07%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AJZC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8308121 | PA      | $823351.17    | 0.05%             | 2044-04-25      | Floating      | 1.58%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31397NNR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    440398 | PA      | $410502.94    | 0.03%             | 2039-03-25      | Variable      | 2.62%                 | No            |                  3 | On Loan: No      |
| Avant Credit Card Master Trust                         | Avant Credit Card Master Trust 2025-1                              | CUSIP: 05351KAQ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    905000 | PA      | $902030.70    | 0.06%             | 2031-04-15      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                           | GS Mortgage Securities Trust 2019-GSA1                             | CUSIP: 36261PAT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4740891.50   | 0.30%             | 2052-11-10      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379KBF4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3141199 | PA      | $85200.08     | 0.01%             | 2056-07-16      | Variable      | 0.67%                 | No            |                  3 | On Loan: No      |
| Towd Point Mortgage Trust                              | Towd Point Mortgage Trust 2017-3                                   | CUSIP: 89169DAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4225803 | PA      | $4167213.26   | 0.26%             | 2057-07-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 3132WVVS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4356384 | PA      | $3935595.48   | 0.25%             | 2037-05-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                     | CyrusOne Data Centers Issuer I LLC                                 | CUSIP: 23284BAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1525000 | PA      | $1481301.13   | 0.09%             | 2049-05-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority          | Massachusetts Educational Financing Authority                      | CUSIP: 57563NAB4<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | ABS-O            | CORP              | US        |    932457 | PA      | $924129.31    | 0.06%             | 2033-05-25      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                             | LAD Auto Receivables Trust 2024-3                                  | CUSIP: 505709AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    340000 | PA      | $343453.62    | 0.02%             | 2030-03-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                          | Corevest American Finance 2019-3 Trust                             | CUSIP: 21872NAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    207051 | PA      | $206262.10    | 0.01%             | 2052-10-15      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FFPD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15087 | PA      | $2600.62      | 0.00%             | 2038-01-25      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| Voya CLO Ltd                                           | Voya CLO 2013-3 Ltd                                                | CUSIP: 92916XAL1<br>LEI: 5493003QPCHR7P2XIW55 | Long             | ABS-CBDO         | CORP              | KY        |   1315000 | PA      | $1318484.75   | 0.08%             | 2031-10-18      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FER46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    102000 | PA      | $6204.56      | 0.00%             | 2036-09-25      | Variable      | 4.50%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375B7G1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    167549 | PA      | $15235.81     | 0.00%             | 2063-07-20      | Variable      | 2.00%                 | No            |                  3 | On Loan: No      |
| BX Trust                                               | BX Trust 2025-VLT6                                                 | CUSIP: 12433KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4470000 | PA      | $4433305.77   | 0.28%             | 2042-03-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Hudsons Bay Simon JV Trust                             | Hudsons Bay Simon JV Trust 2015-HBS                                | CUSIP: 44422PBN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5885000 | PA      | $5878565.93   | 0.37%             | 2034-08-05      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitization Trust               | Castlelake Aircraft Structured Trust 2019-1                        | CUSIP: 14855MAA6<br>LEI: 549300MHTIBONNXM3R82 | Long             | ABS-O            | CORP              | US        |   1386652 | PA      | $1369998.80   | 0.09%             | 2039-04-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| VStrong Auto Receivables Trust                         | VStrong Auto Receivables Trust 2024-A                              | CUSIP: 92891PAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    105000 | PA      | $106525.39    | 0.01%             | 2030-07-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust          | BHG Securitization Trust 2024-1CON                                 | CUSIP: 08862HAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    193034 | PA      | $198637.47    | 0.01%             | 2035-04-17      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380XAG2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  28364670 | PA      | $833050.51    | 0.05%             | 2058-05-16      | Variable      | 0.46%                 | No            |                  2 | On Loan: No      |
| Project Sunbird                                        | Sunbird Engine Finance LLC                                         | CUSIP: 86709LAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    422785 | PA      | $415466.55    | 0.03%             | 2045-02-15      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                 | Chase Auto Owner Trust 2024-2                                      | CUSIP: 16144CAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2800000 | PA      | $2886112.60   | 0.18%             | 2029-11-26      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization Equity Trust            | AASET 2024-2 Ltd                                                   | CUSIP: 00038QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3064341 | PA      | $3144011.11   | 0.20%             | 2049-09-16      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Trust Llc                                | SCF Equipment Trust 2016-1 LLC                                     | CUSIP: 78437DAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3820000 | PA      | $3897389.38   | 0.25%             | 2033-11-21      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137HCLY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  16711282 | PA      | $16934461.13  | 1.07%             | 2050-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Foursight Capital Automobile Receivables Trust         | Foursight Capital Automobile Receivables Trust 2024-1              | CUSIP: 35105AAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130000 | PA      | $132249.08    | 0.01%             | 2029-11-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140QNBV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  76201562 | PA      | $64184956.44  | 4.05%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                    | Commercial Mortgage Pass Through Certificates                      | CUSIP: 12624NAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1497468 | PA      | $1454415.67   | 0.09%             | 2030-10-05      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issuer Trust                 | GreenSky Home Improvement Issuer Trust 2025-1                      | CUSIP: 39571NAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    469296 | PA      | $475595.32    | 0.03%             | 2060-03-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2020-H                   | CUSIP: 63935BAB9<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    945000 | PA      | $827102.08    | 0.05%             | 2069-01-15      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Foursight Capital Automobile Receivables Trust         | Foursight Capital Automobile Receivables Trust 2023-1              | CUSIP: 35105NAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1520000 | PA      | $1565179.42   | 0.10%             | 2030-02-15      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| NMLT Trust                                             | NLT 2023-1 Trust                                                   | CUSIP: 62917MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1128395 | PA      | $1027933.04   | 0.06%             | 2062-10-25      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                           | GS Mortgage Securities Corp Trust 2023-SHIP                        | CUSIP: 36270GAA9<br>LEI: 5493005BBCF84ICNQ550 | Long             | ABS-MBS          | CORP              | US        |    520000 | PA      | $519066.60    | 0.03%             | 2038-09-10      | Variable      | 4.47%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380NJB6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6838543 | PA      | $418717.99    | 0.03%             | 2061-08-16      | Variable      | 0.95%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379KGH5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10001403 | PA      | $207351.88    | 0.01%             | 2049-09-16      | Variable      | 0.57%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38384LAU3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  12101274 | PA      | $991929.30    | 0.06%             | 2075-01-20      | Variable      | 0.71%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                 | US LONG BOND(CBT) DEC25                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       131 | NC      | $319420.31    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380LQA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2339485 | PA      | $2246175.39   | 0.14%             | 2068-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375B7Q9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    163594 | PA      | $2749.55      | 0.00%             | 2063-08-20      | Variable      | 1.34%                 | No            |                  3 | On Loan: No      |
| Carvana Auto Receivables Trust                         | Carvana Auto Receivables Trust 2025-P1                             | CUSIP: 14689MAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4965000 | PA      | $4992992.67   | 0.31%             | 2030-05-10      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380P3W2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  29278246 | PA      | $2059727.53   | 0.13%             | 2060-08-16      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378X4A6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6493762 | PA      | $88994.22     | 0.01%             | 2051-02-16      | Variable      | 0.46%                 | No            |                  3 | On Loan: No      |
| Applebees/IHOP Funding LLC                             | Applebee's Funding LLC / IHOP Funding LLC                          | CUSIP: 03789XAH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3996000 | PA      | $4040107.85   | 0.25%             | 2055-06-07      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 3132DWER0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  15940871 | PA      | $15078236.84  | 0.95%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380MQR5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11250069 | PA      | $583507.32    | 0.04%             | 2060-10-16      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                             | Progress Residential 2021-SFR5 Trust                               | CUSIP: 74333FAC3<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |    830000 | PA      | $814879.56    | 0.05%             | 2038-07-17      | Fixed         | 1.81%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQKQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17923684 | PA      | $404842.25    | 0.03%             | 2029-11-25      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust          | BHG Securitization Trust 2025-1CON                                 | CUSIP: 08860AAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    345394 | PA      | $346961.75    | 0.02%             | 2036-04-17      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                           | Hilton Grand Vacations Trust 2024-1B                               | CUSIP: 43283YAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    234025 | PA      | $237820.67    | 0.01%             | 2039-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379Y6J2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  15561296 | PA      | $321581.34    | 0.02%             | 2056-07-16      | Variable      | 0.60%                 | No            |                  3 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC                         | SUNNOVA HELIOS II ISSUER LLC 2018-1                                | CUSIP: 86745JAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    102549 | PA      | $98462.49     | 0.01%             | 2048-07-20      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378N8E6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3154329 | PA      | $33243.63     | 0.00%             | 2056-04-16      | Variable      | 0.40%                 | No            |                  3 | On Loan: No      |
| Mill City Mortgage Trust                               | Mill City Mortgage Loan Trust 2018-2                               | CUSIP: 59980MAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    648541 | PA      | $640047.30    | 0.04%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136ASUC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5138692 | PA      | $321877.41    | 0.02%             | 2034-10-25      | Floating      | 1.63%                 | No            |                  2 | On Loan: No      |
| Bank                                                   | BANK 2020-BNK26                                                    | CUSIP: 06540JBG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3649000 | PA      | $3326006.21   | 0.21%             | 2063-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 3132DWNE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  24067737 | PA      | $23350975.00  | 1.47%             | 2054-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                 | SLM Private Credit Student Loan Trust 2003-C                       | CUSIP: 78443CBB9<br>LEI: 549300IQIXBXDNPLSE92 | Long             | ABS-O            | CORP              | US        |    129000 | PA      | $129000.00    | 0.01%             | 2032-09-15      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140QM5E0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11990000 | PA      | $10106784.35  | 0.64%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FXXE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  33243645 | PA      | $29845695.22  | 1.88%             | 2062-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHI Commercial Mortgage Trust                          | CHI Commercial Mortgage Trust 2025-SFT                             | CUSIP: 16706GAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3305000 | PA      | $3387858.33   | 0.21%             | 2042-04-15      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC               | Avis Budget Rental Car Funding AESOP LLC                           | CUSIP: 05377RKL7<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $502219.08    | 0.03%             | 2029-08-20      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                 | SLM Private Credit Student Loan Trust 2003-C                       | CUSIP: 78443CBA1<br>LEI: 549300IQIXBXDNPLSE92 | Long             | ABS-O            | CORP              | US        |    110000 | PA      | $110000.00    | 0.01%             | 2032-09-15      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FEN24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62148 | PA      | $9245.22      | 0.00%             | 2035-11-25      | Variable      | 6.00%                 | No            |                  3 | On Loan: No      |
| SBNA Auto Receivables Trust                            | SBNA Auto Receivables Trust 2024-A                                 | CUSIP: 78437PAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $203908.60    | 0.01%             | 2030-01-15      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140QNGH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  30066919 | PA      | $26600818.39  | 1.68%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137H6RQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    256510 | PA      | $9546.67      | 0.00%             | 2052-04-25      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                              | Towd Point Mortgage Trust 2019-2                                   | CUSIP: 89177JAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5530000 | PA      | $5025795.61   | 0.32%             | 2058-12-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FCQH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    415192 | PA      | $65796.97     | 0.00%             | 2035-06-25      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FXY71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2986194 | PA      | $2560957.88   | 0.16%             | 2063-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                                   | FirstKey Homes 2021-SFR1 Trust                                     | CUSIP: 33767WAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3730000 | PA      | $3642904.13   | 0.23%             | 2038-08-17      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RTB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5968094 | PA      | $222646.74    | 0.01%             | 2066-04-20      | Variable      | 2.02%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BN6H2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5870891 | PA      | $7199.30      | 0.00%             | 2025-12-25      | Variable      | 1.02%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FX4Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16807530 | PA      | $14226398.26  | 0.90%             | 2064-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust             | JPMBB Commercial Mortgage Securities Trust 2014-C25                | CUSIP: 46643PBJ8<br>LEI: 549300UOGMFS1M8XVM16 | Long             | ABS-MBS          | CORP              | US        |    730000 | PA      | $708100.00    | 0.04%             | 2047-11-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| Stellantis Financial Underwritten Enhanced Lease Trust | Stellantis Financial Underwritten Enhanced Lease Trust 2025-B      | CUSIP: 858933AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1475000 | PA      | $1480348.35   | 0.09%             | 2030-01-22      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                 | Chase Auto Owner Trust 2025-1                                      | CUSIP: 16145NAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    970000 | PA      | $978193.59    | 0.06%             | 2030-10-25      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer III, LLC                    | Compass Datacenters Issuer III LLC                                 | CUSIP: 20469BAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1520000 | PA      | $1540472.88   | 0.10%             | 2050-07-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RVE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  33057067 | PA      | $2123847.15   | 0.13%             | 2062-10-16      | Variable      | 0.84%                 | No            |                  2 | On Loan: No      |
| Sunrun Demeter Issuer LLC                              | Sunrun Demeter Issuer 2021-2 LLC                                   | CUSIP: 86772HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    309786 | PA      | $278577.95    | 0.02%             | 2057-01-30      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers Limited                    | Textainer Marine Containers VII Ltd                                | CUSIP: 88315LAL2<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    335667 | PA      | $312733.09    | 0.02%             | 2046-02-20      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RHZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  39078954 | PA      | $2670260.99   | 0.17%             | 2062-10-16      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                 | SLM Private Credit Student Loan Trust 2003-B                       | CUSIP: 78443CAP9<br>LEI: 549300BLEHJGFV7XSO25 | Long             | ABS-O            | CORP              | US        |   1412000 | PA      | $1409023.50   | 0.09%             | 2033-03-15      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2021-B                   | CUSIP: 63942LAA0<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    742751 | PA      | $680738.92    | 0.04%             | 2069-07-15      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                               | Foundation Finance Trust 2023-2                                    | CUSIP: 35042RAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2658314 | PA      | $2780041.01   | 0.18%             | 2049-06-15      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit               | Ford Credit Auto Owner Trust 2023-REV2                             | CUSIP: 34535CAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    920000 | PA      | $961705.72    | 0.06%             | 2036-02-15      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FXXA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  75674367 | PA      | $61712628.92  | 3.89%             | 2062-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136BF2M4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12923852 | PA      | $721803.57    | 0.05%             | 2059-03-25      | Variable      | 1.08%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                     | CyrusOne Data Centers Issuer I LLC                                 | CUSIP: 23284BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    980000 | PA      | $1003529.80   | 0.06%             | 2050-02-20      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust          | JP Morgan Chase Commercial Mortgage Securities Trust 2025-BMS      | CUSIP: 46596CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3350000 | PA      | $3343547.90   | 0.21%             | 2042-01-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer II, LLC                                | DataBank Issuer II LLC                                             | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2905000 | PA      | $2915074.54   | 0.18%             | 2055-09-27      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RE71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  28759599 | PA      | $1743809.55   | 0.11%             | 2063-02-16      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKWZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     28528 | PA      | $28515.20     | 0.00%             | 2028-12-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136ATNA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6438714 | PA      | $478267.65    | 0.03%             | 2046-09-25      | Floating      | 1.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FX2Y7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12026726 | PA      | $9807669.80   | 0.62%             | 2063-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140MGSW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4981859 | PA      | $4208699.65   | 0.27%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FC2S4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101641 | PA      | $15903.24     | 0.00%             | 2036-10-25      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BNGU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13168255 | PA      | $21089.88     | 0.00%             | 2026-01-25      | Variable      | 1.31%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H5XW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        | 253827373 | PA      | $2243072.49   | 0.14%             | 2032-01-25      | Variable      | 0.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381D6B1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  19640808 | PA      | $1393063.61   | 0.09%             | 2063-11-16      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| Cerberus                                               | Cerberus Loan Funding XLVII LLC                                    | CUSIP: 156945AA5<br>LEI: 635400CIDEC6DQX2EU90 | Long             | ABS-CBDO         | CORP              | US        |   3300000 | PA      | $3307801.20   | 0.21%             | 2036-07-15      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                             | Progress Residential 2021-SFR3                                     | CUSIP: 74333VAC8<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   1892000 | PA      | $1872443.91   | 0.12%             | 2026-05-17      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H7ZD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  66351138 | PA      | $1020215.10   | 0.06%             | 2032-06-25      | Variable      | 0.35%                 | No            |                  2 | On Loan: No      |
| EWC Master Issuer LLC                                  | EWC Master Issuer LLC                                              | CUSIP: 26929HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4764938 | PA      | $4704763.01   | 0.30%             | 2052-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tricon American Homes                                  | Tricon American Homes 2019-SFR1 Trust                              | CUSIP: 89612LAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1669937 | PA      | $1656594.98   | 0.10%             | 2038-03-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                                      | PRPM 2024-RCF2 LLC                                                 | CUSIP: 693987AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    955060 | PA      | $935276.59    | 0.06%             | 2054-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRZC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11311387 | PA      | $637668.14    | 0.04%             | 2030-01-25      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FX3T3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14224147 | PA      | $690176.97    | 0.04%             | 2030-08-25      | Variable      | 1.32%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC                      | Sierra Timeshare 2021-1 Receivables Funding LLC                    | CUSIP: 82652QAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100124 | PA      | $99297.70     | 0.01%             | 2037-11-20      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381DZM5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  42464772 | PA      | $2746133.10   | 0.17%             | 2061-06-16      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Republic Finance Issuance Trust                        | Republic Finance Issuance Trust 2024-A                             | CUSIP: 76041RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1055000 | PA      | $1067905.08   | 0.07%             | 2032-08-20      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38383K6M9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  45141083 | PA      | $3469363.08   | 0.22%             | 2075-01-20      | Variable      | 0.66%                 | No            |                  2 | On Loan: No      |
| Alinea CLO LTD                                         | Alinea CLO 2018-1 Ltd                                              | CUSIP: 016269AG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5255000 | PA      | $5235819.25   | 0.33%             | 2031-07-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38382EEL7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11010839 | PA      | $2368147.47   | 0.15%             | 2050-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H74C4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  35766275 | PA      | $727461.00    | 0.05%             | 2055-04-25      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FEY30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76641 | PA      | $12912.90     | 0.00%             | 2037-07-25      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| Carvana Auto Receivables Trust                         | Carvana Auto Receivables Trust 2022-P3                             | CUSIP: 14686MAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1614248.00   | 0.10%             | 2028-06-12      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RET3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  35285611 | PA      | $2387389.17   | 0.15%             | 2062-09-16      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| Rockland Park CLO Ltd                                  | Rockland Park CLO Ltd                                              | CUSIP: 773663AJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7650000 | PA      | $7676752.05   | 0.48%             | 2038-07-20      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FEM90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124069 | PA      | $18083.60     | 0.00%             | 2035-11-25      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| Chicago Board of Trade                                 | US 5YR NOTE (CBT) DEC25                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       176 | NC      | $23597.38     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital I Trust                         | Morgan Stanley Capital I Trust 2017-H1                             | CUSIP: 61691JAV6<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |   3399917 | PA      | $3354776.30   | 0.21%             | 2050-06-15      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379RY72<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3372327 | PA      | $161972.03    | 0.01%             | 2056-12-16      | Variable      | 0.85%                 | No            |                  3 | On Loan: No      |
| Fanniemae-Aces                                         | Fannie Mae-Aces                                                    | CUSIP: 3136BBS94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14787303 | PA      | $824325.61    | 0.05%             | 2034-08-25      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust       | World Omni Automobile Lease Securitization Trust 2025-A            | CUSIP: 98164PAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1045000 | PA      | $1054492.78   | 0.07%             | 2030-05-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137BXM25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3014977 | PA      | $296593.29    | 0.02%             | 2047-04-15      | Floating      | 1.61%                 | No            |                  3 | On Loan: No      |
| VStrong Auto Receivables Trust                         | VStrong Auto Receivables Trust 2023-A                              | CUSIP: 92920CAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3605000 | PA      | $3795271.54   | 0.24%             | 2030-02-15      | Fixed         | 8.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380MMQ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11487631 | PA      | $444319.73    | 0.03%             | 2060-07-16      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140XRFH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1873979 | PA      | $1580959.56   | 0.10%             | 2053-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                  | Mission Lane Credit Card Master Trust                              | CUSIP: 60510MAY4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3344000 | PA      | $3374455.48   | 0.21%             | 2029-08-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BHR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     13367 | PA      | $12812.10     | 0.00%             | 2059-05-20      | Floating      | 4.82%                 | No            |                  3 | On Loan: No      |
| World Omni Auto Receivables Trust                      | World Omni Auto Receivables Trust 2024-B                           | CUSIP: 98164HAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    368000 | PA      | $371920.67    | 0.02%             | 2029-09-17      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Bank                                                   | BANK 2019-BNK20                                                    | CUSIP: 06540AAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3720000 | PA      | $3487293.54   | 0.22%             | 2062-09-15      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitization Trust               | Castlelake Aircraft Structured Trust 2021-1                        | CUSIP: 14856GAA8<br>LEI: 549300MHTIBONNXM3R82 | Long             | ABS-O            | CORP              | US        |     33814 | PA      | $33605.46     | 0.00%             | 2046-01-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC                      | Sierra Timeshare 2023-1 Receivables Funding LLC                    | CUSIP: 826943AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    317271 | PA      | $320299.32    | 0.02%             | 2040-01-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38384LEL9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  33152923 | PA      | $2638210.13   | 0.17%             | 2075-02-20      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136BTZT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17808941 | PA      | $17842006.46  | 1.12%             | 2051-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polen Capital CLO Ltd                                  | Polen Capital CLO 2025-1 Ltd                                       | CUSIP: 73110MAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1900000 | PA      | $1907432.80   | 0.12%             | 2038-03-06      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136ADQR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1039687 | PA      | $92622.20     | 0.01%             | 2042-08-25      | Floating      | 1.68%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 3132DPJ90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6901016 | PA      | $6310726.11   | 0.40%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Garnet CLO Ltd                                         | Garnet CLO 2 Ltd                                                   | CUSIP: 36626CAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3290000 | PA      | $3301515.00   | 0.21%             | 2038-10-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38373M8V5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3584929 | PA      | $372.08       | 0.00%             | 2049-10-16      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| PenFed Auto Receivables Owner Trust                    | PenFed Auto Receivables Owner Trust 2025-A                         | CUSIP: 706916AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    895000 | PA      | $892035.76    | 0.06%             | 2031-05-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                 | SLM Private Credit Student Loan Trust 2003-A                       | CUSIP: 78443CAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     50000 | PA      | $49897.00     | 0.00%             | 2032-06-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378BR92<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  16441291 | PA      | $38597.41     | 0.00%             | 2054-04-16      | Variable      | 0.17%                 | No            |                  3 | On Loan: No      |
| BX Trust                                               | BX Commercial Mortgage Trust 2022-AHP                              | CUSIP: 05610FAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2770000 | PA      | $2768592.84   | 0.17%             | 2039-01-17      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 31427NNM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  21000000 | PA      | $21713436.79  | 1.37%             | 2055-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BLME5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5246771 | PA      | $50.89        | 0.00%             | 2025-08-25      | Variable      | 0.44%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9CB3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        | 102927906 | PA      | $2194330.33   | 0.14%             | 2032-09-25      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378XFB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2016966 | PA      | $27557.39     | 0.00%             | 2056-04-16      | Variable      | 0.53%                 | No            |                  3 | On Loan: No      |
| Hilton Grand Vacations Trust                           | Hilton Grand Vacations Trust 2024-2                                | CUSIP: 43283JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2104237 | PA      | $2147433.02   | 0.14%             | 2038-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                               | Mill City Mortgage Loan Trust 2021-NMR1                            | CUSIP: 59982HAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    494973 | PA      | $475242.33    | 0.03%             | 2060-11-25      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2021-A                   | CUSIP: 63942BAA2<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    885571 | PA      | $810156.36    | 0.05%             | 2069-05-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38384LNZ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  26516037 | PA      | $1791821.23   | 0.11%             | 2075-05-20      | Variable      | 0.47%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                              | Towd Point Mortgage Trust 2017-4                                   | CUSIP: 89173UAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4036054 | PA      | $3829876.22   | 0.24%             | 2057-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BF31<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     76486 | PA      | $73990.08     | 0.00%             | 2063-01-20      | Floating      | 4.79%                 | No            |                  3 | On Loan: No      |
| Zayo Issuer LLC                                        | Zayo Issuer LLC                                                    | CUSIP: 98919WAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3330000 | PA      | $3391395.88   | 0.21%             | 2055-03-20      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AUAN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2618997 | PA      | $250089.48    | 0.02%             | 2046-11-25      | Floating      | 1.63%                 | No            |                  3 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FEV41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65455 | PA      | $6957.59      | 0.00%             | 2037-07-25      | Variable      | 7.00%                 | No            |                  3 | On Loan: No      |
| GLS Auto Receivables Trust                             | GLS Auto Receivables Issuer Trust 2025-1                           | CUSIP: 36271KAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4070000 | PA      | $4108416.73   | 0.26%             | 2029-07-16      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| EquipmentShare                                         | OWN Equipment Fund I LLC                                           | CUSIP: 69121NAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2268595 | PA      | $2308980.62   | 0.15%             | 2032-12-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137ATQQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    610307 | PA      | $36916.38     | 0.00%             | 2032-08-15      | Floating      | 1.66%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136ATNF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4050717 | PA      | $272994.03    | 0.02%             | 2046-09-25      | Floating      | 1.63%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                         | HarborView Mortgage Loan Trust 2004-3                              | CUSIP: 41161PEC3<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |    570392 | PA      | $539625.92    | 0.03%             | 2034-05-19      | Variable      | 5.77%                 | No            |                  3 | On Loan: No      |
| Regional Management Issuance Trust                     | Regional Management Issuance Trust 2024-2                          | CUSIP: 75907AAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $404748.16    | 0.03%             | 2033-12-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137FCT38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1152781 | PA      | $202759.66    | 0.01%             | 2047-12-15      | Fixed         | 4.00%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BY89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     26899 | PA      | $25944.49     | 0.00%             | 2063-04-20      | Fixed         | 3.50%                 | No            |                  3 | On Loan: No      |
| GLS Auto Receivables Trust                             | GLS Auto Receivables Issuer Trust 2024-1                           | CUSIP: 36269HAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     68638 | PA      | $68675.49     | 0.00%             | 2027-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137F8R88<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    117733 | PA      | $21765.09     | 0.00%             | 2044-11-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31395XQ40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     64746 | PA      | $63378.81     | 0.00%             | 2035-05-15      | Floating      | 6.22%                 | No            |                  3 | On Loan: No      |
| Maps LTD                                               | MAPS 2021-1 Trust                                                  | CUSIP: 55292RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    618892 | PA      | $591900.22    | 0.04%             | 2046-06-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                         | Hyundai Auto Receivables Trust 2025-A                              | CUSIP: 44935CAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    835000 | PA      | $843346.66    | 0.05%             | 2032-06-15      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RAC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    258471 | PA      | $251315.04    | 0.02%             | 2065-04-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31397UJQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1857178 | PA      | $155430.41    | 0.01%             | 2041-06-25      | Floating      | 1.38%                 | No            |                  3 | On Loan: No      |
| Flagship Credit Auto Trust                             | Flagship Credit Auto Trust 2023-2                                  | CUSIP: 33843EAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2045000 | PA      | $2042756.02   | 0.13%             | 2028-05-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| CALI Mortgage Trust 2019-101C                          | CALI Mortgage Trust 2019-101C                                      | CUSIP: 129890AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    510000 | PA      | $488947.71    | 0.03%             | 2039-03-10      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380LXE8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    808895 | PA      | $794860.81    | 0.05%             | 2069-07-20      | Fixed         | 2.50%                 | No            |                  3 | On Loan: No      |
| Global SC Finance SRL                                  | Global SC Finance X Ltd                                            | CUSIP: 37893FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2390000 | PA      | $2388668.77   | 0.15%             | 2045-09-22      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                                   | FirstKey Homes 2021-SFR1 Trust                                     | CUSIP: 33767WAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2495000 | PA      | $2429737.54   | 0.15%             | 2038-08-17      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER TRUST I                                 | American Tower Trust #1                                            | CUSIP: 03027WAM4<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              |  | US        |   3725000 | PA      | $3792397.17   | 0.24%             | 2028-03-15      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136AUBA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2685687 | PA      | $192806.65    | 0.01%             | 2046-11-25      | Floating      | 1.63%                 | No            |                  3 | On Loan: No      |
| Mach I                                                 | MACH 1 Cayman 2019-1 Ltd                                           | CUSIP: 55446MAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    568514 | PA      | $561719.88    | 0.04%             | 2039-10-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 3133JLNT2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1430052 | PA      | $1177450.04   | 0.07%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380QCU4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1238325 | PA      | $1219731.06   | 0.08%             | 2067-07-20      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381YLF9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    280000 | PA      | $214666.67    | 0.01%             | 2049-09-20      | Fixed         | 3.50%                 | No            |                  3 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust               | AmeriCredit Automobile Receivables Trust 2023-2                    | CUSIP: 03065UAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3100000 | PA      | $3167400.20   | 0.20%             | 2029-07-18      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31397RL61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    164221 | PA      | $168389.39    | 0.01%             | 2038-02-15      | Floating      | 5.73%                 | No            |                  3 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust               | Ford Credit Floorplan Master Owner Trust A                         | CUSIP: 34528QHY3<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $332258.92    | 0.02%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                                               | Slam Ltd                                                           | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1723601 | PA      | $1741534.62   | 0.11%             | 2049-09-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                             | Affirm Asset Securitization Trust 2024-A                           | CUSIP: 00834BAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1780000 | PA      | $1790078.36   | 0.11%             | 2029-02-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BRQL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  23201070 | PA      | $147658.80    | 0.01%             | 2026-07-25      | Variable      | 1.30%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38384LAW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  15268026 | PA      | $1159911.93   | 0.07%             | 2075-02-20      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                  | Mission Lane Credit Card Master Trust                              | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1920000 | PA      | $1938819.26   | 0.12%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                       | RALI Series 2006-QS6 Trust                                         | CUSIP: 74922EAT6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       112 | PA      | $0.01         | 0.00%             | 2062-04-25      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust 2018-B                            | CUSIP: 78449LAB4<br>LEI: 549300INMCHM7L5O6M41 | Long             | ABS-O            | CORP              | US        |    402321 | PA      | $399445.64    | 0.03%             | 2037-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379RZU0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  18938405 | PA      | $726920.38    | 0.05%             | 2059-01-16      | Variable      | 0.67%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding, LLC                                 | Taco Bell Funding LLC                                              | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2275000 | PA      | $2277711.80   | 0.14%             | 2055-08-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381TRX5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1760984 | PA      | $165352.57    | 0.01%             | 2049-04-20      | Floating      | 1.80%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FX3B6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15697088 | PA      | $14034247.66  | 0.88%             | 2063-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bank                                                   | BANK 2020-BNK25                                                    | CUSIP: 06539WBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1770000 | PA      | $1632981.47   | 0.10%             | 2063-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Altde Trust                                            | ALTDE 2025-1 Trust                                                 | CUSIP: 00166NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1245743 | PA      | $1276776.73   | 0.08%             | 2050-08-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Republic Finance Issuance Trust                        | Republic Finance Issuance Trust 2021-A                             | CUSIP: 76042UAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2745000 | PA      | $2719081.71   | 0.17%             | 2031-12-22      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                       | RALI Series 2006-QS18 Trust                                        | CUSIP: 74922RAR1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7104 | PA      | $3029.64      | 0.00%             | 2056-06-25      | Fixed         | 5.75%                 | No            |                  3 | On Loan: No      |
| BX Trust                                               | BX Trust 2024-VLT4                                                 | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    720000 | PA      | $720450.00    | 0.05%             | 2041-06-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380NMN6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  16890973 | PA      | $762323.41    | 0.05%             | 2061-12-16      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust                        | Prestige Auto Receivables Trust 2023-2                             | CUSIP: 74113VAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2262521 | PA      | $2272697.50   | 0.14%             | 2027-12-15      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                          | Commonbond Student Loan Trust 2020-A-GS                            | CUSIP: 20267WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    453023 | PA      | $407371.23    | 0.03%             | 2050-08-25      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                                 | Marlette Funding Trust 2024-1                                      | CUSIP: 57108VAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    213145 | PA      | $214048.57    | 0.01%             | 2034-07-17      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                            | Extended Stay America Trust 2025-ESH                               | CUSIP: 30227TAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    210000 | PA      | $210000.00    | 0.01%             | 2042-10-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                             | FIXED INC CLEARING CORP.REPO                                       | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   3963484 | PA      | $3963483.80   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                 | US 10YR NOTE (CBT)DEC25                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       182 | NC      | $-46803.77    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Progress Residential Trust                             | Progress Residential 2021-SFR9 Trust                               | CUSIP: 74333QAE5<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   5450000 | PA      | $5076915.89   | 0.32%             | 2040-11-17      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BTAE1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  84435579 | PA      | $51542.01     | 0.00%             | 2026-10-25      | Variable      | 0.17%                 | No            |                  3 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2020-B                   | CUSIP: 63941GAB0<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    419212 | PA      | $400818.02    | 0.03%             | 2069-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Merchants Fleet Funding LLC                            | Merchants Fleet Funding LLC                                        | CUSIP: 588926AA3<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |   1043827 | PA      | $1050326.96   | 0.07%             | 2036-05-20      | Fixed         | 7.21%                 | No            |                  2 | On Loan: No      |
| Arixa Mortgage Trust                                   | Arixa Mortgage Trust 2025-RTL1                                     | CUSIP: 04046BAA1<br>LEI: 254900Q4SU6C9E56ZJ68 | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $703906.00    | 0.04%             | 2030-08-25      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381EVR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  27049413 | PA      | $1550283.00   | 0.10%             | 2064-06-16      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137F8RE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5963372 | PA      | $914681.73    | 0.06%             | 2042-04-15      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                  | Wells Fargo Commercial Mortgage Trust 2018-C48                     | CUSIP: 95001RAX7<br>LEI: 549300REQJRID6TODX95 | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4998125.00   | 0.32%             | 2052-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                 | Chase Auto Owner Trust 2024-1                                      | CUSIP: 16144BAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1278985.25   | 0.08%             | 2029-11-26      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6ZT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  32633797 | PA      | $577911.91    | 0.04%             | 2032-02-25      | Variable      | 0.41%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                             | Affirm Asset Securitization Trust 2024-A                           | CUSIP: 00834BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    555000 | PA      | $557451.44    | 0.04%             | 2029-02-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FC2R6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     92703 | PA      | $17364.80     | 0.00%             | 2036-10-25      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                | WaMu Mortgage Pass-Through Certificates Series 2007-HY2 Trust      | CUSIP: 92926UAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    428729 | PA      | $372767.29    | 0.02%             | 2036-11-25      | Variable      | 4.47%                 | No            |                  3 | On Loan: No      |
| Bank5                                                  | BANK5 Trust 2024-5YR6                                              | CUSIP: 066043AG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2140000 | PA      | $2273294.82   | 0.14%             | 2057-05-15      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31396YE99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    155064 | PA      | $207309.69    | 0.01%             | 2036-08-25      | Floating      | 10.65%                | No            |                  3 | On Loan: No      |
| Hilton Grand Vacations Trust                           | Hilton Grand Vacations Trust 2023-1                                | CUSIP: 432917AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1650213 | PA      | $1686062.59   | 0.11%             | 2038-01-25      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BPVP1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13572628 | PA      | $514714.76    | 0.03%             | 2031-01-25      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                         | Morgan Stanley Capital I Trust 2019-L3                             | CUSIP: 61691UBE8<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |   5780000 | PA      | $5492475.63   | 0.35%             | 2052-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                   | Verizon Master Trust                                               | CUSIP: 92348KDG5<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    585000 | PA      | $586731.13    | 0.04%             | 2030-08-20      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC                                    | Frontier Issuer LLC                                                | CUSIP: 35910EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2383000 | PA      | $2416157.06   | 0.15%             | 2053-08-20      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                | Carmax Auto Owner Trust 2022-3                                     | CUSIP: 14318MAH2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3030000 | PA      | $3065610.38   | 0.19%             | 2029-01-16      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379KQF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10155929 | PA      | $191111.43    | 0.01%             | 2049-12-16      | Variable      | 0.56%                 | No            |                  3 | On Loan: No      |
| Aqua Finance Trust                                     | Aqua Finance Trust 2024-A                                          | CUSIP: 03837DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1482345 | PA      | $1496160.70   | 0.09%             | 2050-04-18      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Post CLO LTD                                           | Post CLO 2022-1 LTD                                                | CUSIP: 73742YAA3<br>LEI: 5493007CUC7FI0ONIF25 | Long             | ABS-CBDO         | CORP              | KY        |   3800000 | PA      | $3804073.60   | 0.24%             | 2035-04-20      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Bank                                                   | BANK 2022-BNK42                                                    | CUSIP: 06541MBN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1830000 | PA      | $1795638.82   | 0.11%             | 2055-06-15      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                             | GLS Auto Receivables Issuer Trust 2025-3                           | CUSIP: 37989YAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    830000 | PA      | $833150.68    | 0.05%             | 2030-01-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379KMF2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4396195 | PA      | $50429.76     | 0.00%             | 2055-11-16      | Variable      | 0.40%                 | No            |                  3 | On Loan: No      |
| GLS Auto Select Receivables Trust                      | GLS Auto Select Receivables Trust 2024-3                           | CUSIP: 37989EAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1780000 | PA      | $1822416.69   | 0.11%             | 2030-08-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| FRESB Multifamily Mortgage Pass-Through Certifica      | FRESB 2021-SB90 Mortgage Trust                                     | CUSIP: 30322KAJ2<br>LEI: 549300P6Y1UBYR0WQ049 | Long             | ABS-MBS          | USGSE             | US        |  13665072 | PA      | $346114.40    | 0.02%             | 2041-06-25      | Variable      | 0.71%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                 | Santander Drive Auto Receivables Trust 2025-1                      | CUSIP: 80288DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    915000 | PA      | $918861.30    | 0.06%             | 2029-01-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                         | Morgan Stanley Capital I Trust 2013-ALTM                           | CUSIP: 61690LAC4<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |   3202190 | PA      | $2978037.10   | 0.19%             | 2035-02-05      | Variable      | 3.83%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BAM4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     32434 | PA      | $32193.04     | 0.00%             | 2060-02-20      | Floating      | 5.11%                 | No            |                  3 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FC2P0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    226976 | PA      | $38460.51     | 0.00%             | 2036-09-25      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BSRG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  21620746 | PA      | $34382.17     | 0.00%             | 2026-09-25      | Variable      | 0.37%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38382KYW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4075853 | PA      | $856913.65    | 0.05%             | 2049-06-20      | Fixed         | 3.00%                 | No            |                  3 | On Loan: No      |
| Carvana Auto Receivables Trust                         | Carvana Auto Receivables Trust 2025-P2                             | CUSIP: 14688YAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1125000 | PA      | $1137101.63   | 0.07%             | 2031-06-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2020-D                   | CUSIP: 63941HAB8<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   1565000 | PA      | $1387908.20   | 0.09%             | 2069-05-15      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31397ME86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    442168 | PA      | $432601.27    | 0.03%             | 2038-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137B8GL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1784629 | PA      | $166828.27    | 0.01%             | 2039-06-15      | Floating      | 1.73%                 | No            |                  3 | On Loan: No      |
| Starwood Retail Property Trust                         | Starwood Retail Property Trust 2014-STAR                           | CUSIP: 85571XAA5<br>LEI: 5493007115G809OI4R97 | Long             | ABS-MBS          | CORP              | US        |   1606458 | PA      | $971103.71    | 0.06%             | 2027-11-15      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Citizens Auto Receivables Trust                        | Citizens Auto Receivables Trust 2023-1                             | CUSIP: 17331KAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3025000 | PA      | $3081089.55   | 0.19%             | 2030-10-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Starwood Retail Property Trust                         | Starwood Retail Property Trust 2014-STAR                           | CUSIP: 85571XAL1<br>LEI: 5493007115G809OI4R97 | Long             | ABS-MBS          | CORP              | US        |   6500000 | PA      | $1300000.00   | 0.08%             | 2027-11-15      | Floating      | 7.50%                 | No            |                  3 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                      | Credit Acceptance Auto Loan Trust 2024-1                           | CUSIP: 22537GAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1105000 | PA      | $1117588.49   | 0.07%             | 2034-03-15      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                                        | SEB Funding LLC                                                    | CUSIP: 78433DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    738150 | PA      | $730057.59    | 0.05%             | 2052-01-30      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Mercury Financial Credit Card Master Trust             | Mercury Financial Credit Card Master Trust                         | CUSIP: 58940BAZ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1370000 | PA      | $1380494.20   | 0.09%             | 2029-07-20      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                           | Hilton Grand Vacations Trust 2020-A                                | CUSIP: 43285HAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1135793 | PA      | $1117229.83   | 0.07%             | 2039-02-25      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FX4S8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  23742855 | PA      | $21050559.57  | 1.33%             | 2064-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Sunrun Issuer                                          | Sunrun Atlas Issuer 2019-2 LLC                                     | CUSIP: 86772FAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1457755 | PA      | $1394025.57   | 0.09%             | 2055-02-01      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H2NZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  95143345 | PA      | $7279541.01   | 0.46%             | 2036-08-25      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                           | GS Mortgage Securities Trust 2014-GC22                             | CUSIP: 36253BAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1874033.60   | 0.12%             | 2047-06-10      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization Equity Trust            | AASET 2025-1                                                       | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    904196 | PA      | $931450.22    | 0.06%             | 2050-02-16      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BSP98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7742112 | PA      | $43140.75     | 0.00%             | 2026-08-25      | Variable      | 1.02%                 | No            |                  3 | On Loan: No      |
| Dryden Senior Loan Fund                                | Dryden 53 CLO Ltd                                                  | CUSIP: 26243EAR2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3835000 | PA      | $3837216.63   | 0.24%             | 2031-01-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                                   | FirstKey Homes 2021-SFR2 Trust                                     | CUSIP: 33767TAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5430000 | PA      | $5265756.08   | 0.33%             | 2038-09-17      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380MDL2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7107352 | PA      | $268870.28    | 0.02%             | 2060-01-16      | Variable      | 0.60%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140KQTT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1109923 | PA      | $877072.01    | 0.06%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                                 | Mosaic Solar Loan Trust 2024-2                                     | CUSIP: 61947BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2715647 | PA      | $2672042.27   | 0.17%             | 2052-04-22      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Taubman Centers Commercial Mortgage Trust              | TCO Commercial Mortgage Trust 2024-DPM                             | CUSIP: 87231EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    540000 | PA      | $541351.62    | 0.03%             | 2039-12-15      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust           | American Credit Acceptance Receivables Trust 2025-1                | CUSIP: 02528DAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2425000 | PA      | $2430642.98   | 0.15%             | 2029-03-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Tesla Electric Vehicle Trust                           | Tesla Electric Vehicle Trust 2023-1                                | CUSIP: 881943AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1630000 | PA      | $1662105.46   | 0.10%             | 2031-05-20      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                             | Progress Residential Trust                                         | CUSIP: 74333HAE5<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   1715000 | PA      | $1683044.92   | 0.11%             | 2038-07-17      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Springcastle SPV                                       | SpringCastle America Funding LLC                                   | CUSIP: 85022WAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1128294 | PA      | $1073759.85   | 0.07%             | 2037-09-25      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140KQ5D9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3614565 | PA      | $3066025.94   | 0.19%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac Pool                                                   | CUSIP: 3133JLMB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6836727 | PA      | $5629191.20   | 0.35%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TIC Home Improvement Trust                             | TIC Home Improvement Trust 2024-A                                  | CUSIP: 87252DAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    379758 | PA      | $389640.94    | 0.02%             | 2046-10-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                               | Mill City Mortgage Trust 2015-2                                    | CUSIP: 599808BJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4006000 | PA      | $3895314.62   | 0.25%             | 2057-09-25      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Island Finance Trust 2025-1                            | Island Finance Trust 2025-1                                        | CUSIP: 463920AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    405000 | PA      | $412097.63    | 0.03%             | 2035-03-19      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                             | LAD Auto Receivables Trust 2024-2                                  | CUSIP: 505920AF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1035000 | PA      | $1063924.63   | 0.07%             | 2029-10-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                               | OBX 2018-EXP1 Trust                                                | CUSIP: 67097VAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     91297 | PA      | $87192.38     | 0.01%             | 2048-04-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137AQB80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    997772 | PA      | $1071882.90   | 0.07%             | 2040-08-15      | Floating      | 1.57%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RGX2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  33571995 | PA      | $2610474.44   | 0.16%             | 2062-09-16      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BLN0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     12593 | PA      | $12469.66     | 0.00%             | 2061-03-20      | Floating      | 4.97%                 | No            |                  3 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BMTY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7248708 | PA      | $1064.55      | 0.00%             | 2025-11-25      | Variable      | 0.82%                 | No            |                  3 | On Loan: No      |
| Social Professional Loan Program LLC                   | SOFI PROFESSIONAL LOAN PROGRAM 2017-F LLC                          | CUSIP: 83401BAB2<br>LEI: 5493002WMPR84WZ75V46 | Long             | ABS-O            | CORP              | US        |     29752 | PA      | $29687.27     | 0.00%             | 2041-01-25      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 31418FDB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9131362 | PA      | $9213482.05   | 0.58%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FXWP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  38832465 | PA      | $31668082.98  | 2.00%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H7Z22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  19721658 | PA      | $387966.42    | 0.02%             | 2032-05-25      | Variable      | 0.43%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376GL32<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    478415 | PA      | $3193.96      | 0.00%             | 2053-04-16      | Variable      | 0.53%                 | No            |                  3 | On Loan: No      |
| M&T Bank Auto Receivables Trust                        | M&T Bank Auto Receivables Trust 2025-1                             | CUSIP: 55287XAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1560000 | PA      | $1589111.16   | 0.10%             | 2032-07-15      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC                         | SUNNOVA HELIOS II ISSUER LLC 2019-A                                | CUSIP: 86745LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    340456 | PA      | $315966.72    | 0.02%             | 2046-06-20      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING                                  | PK Alift Loan Funding 7 LP                                         | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    345000 | PA      | $345046.58    | 0.02%             | 2043-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137AWM51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3728370 | PA      | $501758.47    | 0.03%             | 2042-11-15      | Floating      | 1.66%                 | No            |                  3 | On Loan: No      |
| Westlake Automobile Receivables Trust                  | Westlake Automobile Receivables Trust 2024-1                       | CUSIP: 96043RAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1640000 | PA      | $1651183.16   | 0.10%             | 2027-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| EDI ABS Issuer LLC                                     | EDI ABS Issuer 1 LLC                                               | CUSIP: 268332AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1565000 | PA      | $1525554.18   | 0.10%             | 2055-07-25      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust          | BHG Securitization Trust 2025-1CON                                 | CUSIP: 08860AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1172813 | PA      | $1179106.73   | 0.07%             | 2036-04-17      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| NextGear Floorplan Master Owner Trust                  | NextGear Floorplan Master Owner Trust                              | CUSIP: 65341KCF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11697 | PA      | $11816.15     | 0.00%             | 2030-02-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RZR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     12977 | PA      | $12529.12     | 0.00%             | 2061-06-20      | Variable      | 4.90%                 | No            |                  3 | On Loan: No      |
| GS Mortgage Securities Trust                           | GS Mortgage Securities Trust 2014-GC22                             | CUSIP: 36253BBB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2373000 | PA      | $1551981.87   | 0.10%             | 2047-06-10      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 3136A36Q9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    540720 | PA      | $54262.32     | 0.00%             | 2042-03-25      | Floating      | 1.48%                 | No            |                  3 | On Loan: No      |
| LAD Auto Receivables Trust                             | LAD Auto Receivables Trust 2025-2                                  | CUSIP: 505912AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1910000 | PA      | $1915071.05   | 0.12%             | 2032-05-17      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Willis Engine Securitization Trust                     | Willis Engine Structured Trust VI                                  | CUSIP: 97064GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2709143 | PA      | $2543859.77   | 0.16%             | 2046-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Program LLC                   | SoFi Professional Loan Program 2020-ATrust                         | CUSIP: 83406TAB8<br>LEI: 5493002WMPR84WZ75V46 | Long             | ABS-O            | CORP              | US        |   1941837 | PA      | $1878469.25   | 0.12%             | 2046-05-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-1                        | AutoNation Finance Trust 2025-1                                    | CUSIP: 05330QAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1040000 | PA      | $1055946.32   | 0.07%             | 2030-06-10      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| RFR Trust                                              | RFR Trust 2025-SGRM                                                | CUSIP: 74984NAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3115000 | PA      | $3185037.66   | 0.20%             | 2041-03-11      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                            | OCP CLO 2020-8R Ltd                                                | CUSIP: 670898AS4<br>LEI: 254900K70GBA8CMARX66 | Long             | ABS-CBDO         | CORP              | KY        |   2570000 | PA      | $2570000.00   | 0.16%             | 2036-10-17      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                        | CSAIL 2019-C18 Commercial Mortgage Trust                           | CUSIP: 12597DAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2405000 | PA      | $2261353.68   | 0.14%             | 2052-12-15      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137BLDL9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    923435 | PA      | $166926.63    | 0.01%             | 2044-03-15      | Fixed         | 4.50%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140JVVH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1769433 | PA      | $1569541.94   | 0.10%             | 2049-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FET44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    440289 | PA      | $67132.93     | 0.00%             | 2036-05-25      | Variable      | 5.50%                 | No            |                  3 | On Loan: No      |
| GS Mortgage Securities Trust                           | GS Mortgage Securities Corp Trust 2012-BWTR                        | CUSIP: 36192RAA0<br>LEI: 5493005BBCF84ICNQ550 | Long             | ABS-MBS          | CORP              | US        |   3520494 | PA      | $3018442.02   | 0.19%             | 2034-11-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137FF5G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1166239 | PA      | $264329.35    | 0.02%             | 2043-09-25      | Fixed         | 4.00%                 | No            |                  3 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FAB74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39277 | PA      | $5422.96      | 0.00%             | 2033-02-25      | Variable      | 7.00%                 | No            |                  3 | On Loan: No      |
| BENCHMARK Mortgage Trust                               | Benchmark 2019-B13 Mortgage Trust                                  | CUSIP: 08162DAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5185000 | PA      | $4896212.09   | 0.31%             | 2057-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38378U8M2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     80946 | PA      | $78762.82     | 0.00%             | 2064-11-20      | Variable      | 3.50%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137FYQ41<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14014122 | PA      | $917759.65    | 0.06%             | 2048-12-15      | Variable      | 1.41%                 | No            |                  2 | On Loan: No      |
| College Ave Student Loans                              | College Ave Student Loans 2021-A LLC                               | CUSIP: 19424KAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1187070 | PA      | $1089775.87   | 0.07%             | 2051-07-25      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380JDW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  20318535 | PA      | $721314.07    | 0.05%             | 2059-12-16      | Variable      | 0.55%                 | No            |                  2 | On Loan: No      |
| HARBOUR AIRCRAFT INVST LTD                             | HARBOUR AIRCRAFT INVST LTD 2017 Term Loan A                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    879865 | PA      | $837456.27    | 0.05%             | 2037-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                                         | ACHV ABS TRUST 2024-1PL                                            | CUSIP: 00092BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    219534 | PA      | $222075.06    | 0.01%             | 2031-04-25      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                                 | Mosaic Solar Loan Trust 2024-1                                     | CUSIP: 618937AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    374022 | PA      | $361996.69    | 0.02%             | 2049-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance                               | Horizon Aircraft Finance II Ltd                                    | CUSIP: 44040HAA0<br>LEI: 549300KSCDSEIWTVMM32 | Long             | ABS-O            | CORP              | KY        |    209421 | PA      | $205064.84    | 0.01%             | 2039-07-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FXUC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8554484 | PA      | $6976207.50   | 0.44%             | 2061-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 3137HH6W6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  36603528 | PA      | $36652965.00  | 2.31%             | 2051-08-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust                           | Drive Auto Receivables Trust 2024-2                                | CUSIP: 26207AAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    790000 | PA      | $792594.20    | 0.05%             | 2029-07-16      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RMB9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       270 | PA      | $262.78       | 0.00%             | 2065-10-20      | Floating      | 5.17%                 | No            |                  3 | On Loan: No      |
| LCM Ltd Partnership                                    | LCM 30 Ltd                                                         | CUSIP: 50200YAS7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3005000 | PA      | $3008275.15   | 0.19%             | 2031-04-20      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379US56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6230415 | PA      | $304577.04    | 0.02%             | 2056-10-16      | Fixed         | 0.95%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140FX3M2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  59458851 | PA      | $48488420.87  | 3.06%             | 2062-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                                        | MVW 2024-2 LLC                                                     | CUSIP: 55389QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1107862 | PA      | $1106481.98   | 0.07%             | 2042-03-20      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31397RC38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    601614 | PA      | $57379.02     | 0.00%             | 2038-02-15      | Floating      | 1.76%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380JLX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10348025 | PA      | $444224.16    | 0.03%             | 2059-12-16      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac REMICS                                                 | CUSIP: 31396RGA9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1793341 | PA      | $207050.18    | 0.01%             | 2036-05-15      | Floating      | 2.71%                 | No            |                  3 | On Loan: No      |
| Sierra Receivables Funding Co LLC                      | Sierra Timeshare 2024-3 Receivables Funding LLC                    | CUSIP: 82653BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    690375 | PA      | $694207.19    | 0.04%             | 2041-08-20      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380RTF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  39013822 | PA      | $2495675.20   | 0.16%             | 2063-03-16      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31394DR36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    567534 | PA      | $675051.08    | 0.04%             | 2035-06-25      | Floating      | 8.03%                 | No            |                  3 | On Loan: No      |
| Enterprise Fleet Financing LLC                         | Enterprise Fleet Financing 2025-1 LLC                              | CUSIP: 29390HAD1<br>LEI: RKWYUSIDZTWNAX1D9U96 | Long             | ABS-O            | CORP              | US        |    595000 | PA      | $608211.98    | 0.04%             | 2031-09-22      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Zayo Issuer LLC                                        | Zayo Issuer LLC                                                    | CUSIP: 98919WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3645000 | PA      | $3750675.84   | 0.24%             | 2055-06-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380N6M6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  33360983 | PA      | $1527359.21   | 0.10%             | 2061-10-15      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375B4X7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1211612 | PA      | $29811.75     | 0.00%             | 2063-07-20      | Variable      | 1.44%                 | No            |                  3 | On Loan: No      |
| Bank                                                   | BANK 2022-BNK39                                                    | CUSIP: 06539VAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5300000 | PA      | $4809509.38   | 0.30%             | 2055-02-15      | Variable      | 2.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38382YHA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    731154 | PA      | $20773.76     | 0.00%             | 2070-03-20      | Variable      | 0.10%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38382KYU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9563379 | PA      | $1922315.68   | 0.12%             | 2049-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust              | SFS Auto Receivables Securitization Trust 2025-1                   | CUSIP: 81885BAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $306664.50    | 0.02%             | 2031-02-20      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust 2018-A                            | CUSIP: 78449PAD1<br>LEI: 549300QHI21JZK7YIR34 | Long             | ABS-O            | CORP              | US        |    115000 | PA      | $112873.64    | 0.01%             | 2042-07-15      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Private Education Refi Loan Trust 2019-G                   | CUSIP: 63941JAA6<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    432436 | PA      | $420614.79    | 0.03%             | 2068-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31396KPJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25137 | PA      | $2545.01      | 0.00%             | 2036-08-25      | Floating      | 2.83%                 | No            |                  3 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust          | BHG Securitization Trust 2025-2CON                                 | CUSIP: 05494LAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1142550 | PA      | $1150855.92   | 0.07%             | 2036-09-17      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375UTH3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    812750 | PA      | $800823.98    | 0.05%             | 2064-10-20      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| DROP Mortgage Trust 2021-FILE                          | DROP Mortgage Trust 2021-FILE                                      | CUSIP: 26210YAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5365000 | PA      | $5212432.81   | 0.33%             | 2043-10-15      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38383K6S6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  18125013 | PA      | $1382612.26   | 0.09%             | 2075-01-20      | Variable      | 0.69%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                                        | SEB Funding LLC                                                    | CUSIP: 78433DAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2385000 | PA      | $2439149.76   | 0.15%             | 2054-04-30      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                 | Santander Drive Auto Receivables Trust 2024-2                      | CUSIP: 80286YAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $511526.25    | 0.03%             | 2030-06-17      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| CKE Restaurants Holdings Inc                           | Hardee's Funding LLC                                               | CUSIP: 411707AM4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    236400 | PA      | $244813.17    | 0.02%             | 2054-03-20      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                  | Westlake Automobile Receivables Trust 2025-1                       | CUSIP: 96043VAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1011081.00   | 0.06%             | 2030-09-16      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.       | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H8BN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  50703576 | PA      | $1182153.87   | 0.07%             | 2032-06-25      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38380CG31<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2725677 | PA      | $282173.82    | 0.02%             | 2047-02-20      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae REMICS                                                  | CUSIP: 31397MA80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    117820 | PA      | $115432.54    | 0.01%             | 2038-11-25      | Variable      | 3.87%                 | No            |                  3 | On Loan: No      |
| Ajax Mortgage Loan Trust                               | Ajax Mortgage Loan Trust 2019-D                                    | CUSIP: 00968FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1123151 | PA      | $1085215.49   | 0.07%             | 2065-09-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38379VRP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    319371 | PA      | $319374.18    | 0.02%             | 2037-07-20      | Variable      | 5.54%                 | No            |                  3 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FC2M7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96122 | PA      | $15839.16     | 0.00%             | 2036-08-25      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| SLM Student Loan Trust                                 | SLM Private Credit Student Loan Trust 2003-B                       | CUSIP: 78443CAN4<br>LEI: 549300BLEHJGFV7XSO25 | Long             | ABS-O            | CORP              | US        |     93000 | PA      | $92803.96     | 0.01%             | 2033-03-15      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| Tricon American Homes                                  | Tricon American Homes 2020-SFR2 Trust                              | CUSIP: 89613JAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1305000 | PA      | $1231540.77   | 0.08%             | 2039-11-17      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust          | BHG Securitization Trust 2022-A                                    | CUSIP: 054977AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $485279.83    | 0.03%             | 2035-02-20      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| BofA Auto Trust                                        | BofA Auto Trust 2024-1                                             | CUSIP: 09709AAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    445000 | PA      | $449331.19    | 0.03%             | 2028-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                                      | PRPM 2023-RCF2 LLC                                                 | CUSIP: 69380RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    216236 | PA      | $213728.92    | 0.01%             | 2053-11-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38376RFZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4569 | PA      | $4389.99      | 0.00%             | 2063-04-20      | Floating      | 4.67%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BVA7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     30097 | PA      | $29333.66     | 0.00%             | 2061-01-20      | Variable      | 5.31%                 | No            |                  3 | On Loan: No      |
| MetroNet Infrastructure Issuer LLC                     | MetroNet Infrastructure Issuer LLC                                 | CUSIP: 59170JAX6<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |    995000 | PA      | $1008627.52   | 0.06%             | 2055-08-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140XGZN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8479319 | PA      | $7167013.88   | 0.45%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                | Carmax Auto Owner Trust 2023-3                                     | CUSIP: 14319BAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $816995.36    | 0.05%             | 2029-02-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                        | Fannie Mae Interest Strip                                          | CUSIP: 3136FC2T2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    145400 | PA      | $26744.84     | 0.00%             | 2037-06-25      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| Galaxy CLO Ltd                                         | Galaxy XXVI CLO Ltd                                                | CUSIP: 36321LAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1385000 | PA      | $1385660.65   | 0.09%             | 2031-11-22      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381D2H2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  49007535 | PA      | $2830292.94   | 0.18%             | 2064-03-16      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| BX Trust                                               | BX Commercial Mortgage Trust 2024-VLT5                             | CUSIP: 05614JAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1485000 | PA      | $1512675.80   | 0.10%             | 2046-11-13      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| CarMax Select Receivables Trust                        | Carmax Select Receivables Trust 2025-B                             | CUSIP: 14320BAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1720000 | PA      | $1716468.84   | 0.11%             | 2031-06-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certificates                  | Countrywide Asset-Backed Certificates                              | CUSIP: 126673TD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8059 | PA      | $7622.37      | 0.00%             | 2035-02-25      | Variable      | 5.12%                 | No            |                  3 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38375BWZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1911 | PA      | $1889.71      | 0.00%             | 2062-10-20      | Floating      | 4.60%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                             | Fannie Mae Pool                                                    | CUSIP: 3140Y6YM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  30000000 | PA      | $30315281.10  | 1.91%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association                           | CUSIP: 38381DMB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  39687730 | PA      | $2619310.83   | 0.17%             | 2063-04-16      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** LOOMIS SAYLES FUNDS I

**Signature:** John Sgroi

**Name of Signer:** John Sgroi

**Title:** Assistant Treasurer