# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001145549-23-010666
**Filing Date:** 2023-2
**Character Count:** 118082
**Document Hash:** 3e7c3d7d444cc5806a701fe42f150cf6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-010666.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001145549-23-010666

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust
- **CENTRAL INDEX KEY:** 0001318342
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21719
- **FILM NUMBER:** 23672785

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

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

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

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

## Series and Classes Contracts Data

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 532123948

  - **Telephone number:** 4142992000

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

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

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

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

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

- **a. Date of fiscal year-end:** 2023-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $105775035.56

**Total Liabilities:** $200668.07

**Net Assets:** $105574367.49

**Cash Not Reported:** $243574.36

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** 377.896454943019 | **5-Year:** 8655.527942437687 | **10-Year:** 21167.231996949239 | **30-Year:** 28386.770907751451

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

- **3-Month:** 0.000000000000 | **1-Year:** 252.473636074147 | **5-Year:** 2526.264025617301 | **10-Year:** 1624.980262951268 | **30-Year:** 548.773167927284

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000124376 | -1.26%               | 4.48%                | 0.07%                |
| Class ID C000124377 | -1.21%               | 4.29%                | 0.12%                |
| Class ID C000124378 | -1.13%               | 4.38%                | 0.20%                |
| Class ID C000195054 | -1.12%               | 4.51%                | 0.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1921161.01             | $1026009.69                                |
| Month 2  | $-280619.02              | $4113520.81                                |
| Month 3  | $-278928.36              | $39204.28                                  |

**Designated Index Information**

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

- **Index Identifier:** LUCR

### Schedule of Portfolio Investments

| Name                                     | Title                                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BRF SA                                   | BRF S.A.                                                                    | CUSIP: 10552TAG2<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |    363000 | PA      | $307283.13    | 0.29%             | 2030-01-24      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                       | Braskem Idesa SAPI                                                          | CUSIP: 10554NAA6<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |    391000 | PA      | $308668.69    | 0.29%             | 2029-11-15      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                       | Ukraine Government International Bond                                       | CUSIP: 903724BY7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    461000 | PA      | $82973.55     | 0.08%             | 2035-03-15      | None          | 7.25%                 | Yes           |                  2 | On Loan: No      |
| UNION PACIFIC CORP                       | Union Pacific Corp.                                                         | CUSIP: 907818FG8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $155837.60    | 0.15%             | 2060-03-20      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-1 AA PTT                 | United Airlines 2019-1 Class AA Pass-Through Trust                          | CUSIP: 90931CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    162374 | PA      | $143906.48    | 0.14%             | 2033-02-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 A PTT                  | United Airlines 2020-1 Class A Pass-Through Trust                           | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    233163 | PA      | $230064.34    | 0.22%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-2 AA PTT                 | United Airlines 2019-2 Class AA Pass-Through Trust                          | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    538675 | PA      | $435599.89    | 0.41%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                      | United Airlines, Inc.                                                       | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     64000 | PA      | $59323.26     | 0.06%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIRLINES INC                      | United Airlines, Inc.                                                       | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    273000 | PA      | $237700.01    | 0.23%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIR 2018-1 B PTT                  | United Airlines 2018-1 Class B Pass-Through Trust                           | CUSIP: 90932NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220835 | PA      | $201802.32    | 0.19%             | 2027-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                       | Braskem Idesa SAPI                                                          | CUSIP: 10554NAB4<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |    539000 | PA      | $381843.77    | 0.36%             | 2032-02-20      | Fixed         | 6.99%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                      | Braskem Netherlands Finance B.V.                                            | CUSIP: 10554TAE5<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    549000 | PA      | $425263.09    | 0.40%             | 2050-01-31      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| AES ANDES SA                             | AES Andes S.A.                                                              | CUSIP: 00105DAG0<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |    650000 | PA      | $597921.35    | 0.57%             | 2079-10-07      | Variable      | 6.35%                 | Yes           |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL                 | AES Panama Generation Holdings SRL                                          | CUSIP: 00109AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |    475000 | PA      | $412632.50    | 0.39%             | 2030-05-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                  | Southern Co. Gas Capital Corp.                                              | CUSIP: 001192AH6<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    426000 | PA      | $425312.44    | 0.40%             | 2041-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                            | AIB Group PLC                                                               | CUSIP: 00135TAB0<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |    501000 | PA      | $483534.64    | 0.46%             | 2025-04-10      | Variable      | 4.26%                 | Yes           |                  2 | On Loan: No      |
| AMC NETWORKS INC                         | AMC Networks, Inc.                                                          | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    928000 | PA      | $578234.94    | 0.55%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                 | AT&T, Inc.                                                                  | CUSIP: 00206RCQ3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    750000 | PA      | $638205.00    | 0.60%             | 2046-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                 | AT&T, Inc.                                                                  | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $774131.82    | 0.73%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 20-1 A PTT                   | British Airways 2020-1 Class A Pass-Through Trust                           | CUSIP: 11044MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102068 | PA      | $91487.04     | 0.09%             | 2032-11-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| BROADCOM INC                             | Broadcom, Inc.                                                              | CUSIP: 11135FBG5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    169000 | PA      | $118466.63    | 0.11%             | 2051-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| BROADCOM INC                             | Broadcom, Inc.                                                              | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $901473.75    | 0.85%             | 2034-04-15      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| BROADCOM INC                             | Broadcom, Inc.                                                              | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    415000 | PA      | $299033.23    | 0.28%             | 2036-11-15      | Fixed         | 3.19%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                 | American Airlines, Inc./AAdvantage Loyalty IP Ltd.                          | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    349000 | PA      | $335520.92    | 0.32%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                 | American Airlines, Inc./AAdvantage Loyalty IP Ltd.                          | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    161000 | PA      | $146862.91    | 0.14%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ABBVIE INC                               | AbbVie, Inc.                                                                | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    561000 | PA      | $482964.34    | 0.46%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                   | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    519000 | PA      | $407244.77    | 0.39%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                               | Air Canada                                                                  | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |     54000 | PA      | $47822.18     | 0.05%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| AIR CANADA 2020-2A PTT                   | Air Canada 2020-2 Class A Pass-Through Trust                                | CUSIP: 00909DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    187148 | PA      | $176922.95    | 0.17%             | 2030-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ALLIANZ SE                               | Allianz S.E.                                                                | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $502606.20    | 0.48%             | 2169-04-30      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| ALLIANZ SE                               | Allianz S.E.                                                                | CUSIP: 018820AB6<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $148652.00    | 0.14%             | 2170-04-30      | Variable      | 3.20%                 | Yes           |                  2 | On Loan: No      |
| ALLSTATE CORP                            | Allstate Corp.                                                              | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170625.00    | 0.16%             | 2067-05-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| ALPEK SA DE CV                           | Alpek S.A.B. de C.V.                                                        | CUSIP: 020564AE0<br>LEI: 549300PWKJTP62D4IQ66 | Long             | DBT              | CORP              | MX        |    431000 | PA      | $359138.51    | 0.34%             | 2031-02-25      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| ALTRIA GROUP INC                         | Altria Group, Inc.                                                          | CUSIP: 02209SBD4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43207.34     | 0.04%             | 2029-02-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                         | Altria Group, Inc.                                                          | CUSIP: 02209SBF9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    152000 | PA      | $135570.17    | 0.13%             | 2049-02-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-1 AA PTT                 | American Airlines 2017-1 Class AA Pass-Through Trust                        | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    196645 | PA      | $175246.29    | 0.17%             | 2030-08-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2 AA PTT                 | American Airlines 2017-2 Class AA Pass-Through Trust                        | CUSIP: 02376AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315440 | PA      | $272776.71    | 0.26%             | 2031-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 19-1AA PTT                  | American Airlines 2019-1 Class AA Pass-Through Trust                        | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    383807 | PA      | $318265.43    | 0.30%             | 2033-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AXIS Equipment Finance Receiva           | Amur Equipment Finance Receivables XI LLC                                   | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98924.80     | 0.09%             | 2028-06-21      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                   | AngloGold Ashanti Holdings PLC                                              | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |    516000 | PA      | $448884.40    | 0.43%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                  | Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc.              | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    480000 | PA      | $454637.76    | 0.43%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                 | Anheuser-Busch InBev Worldwide, Inc.                                        | CUSIP: 035240AT7<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    430000 | PA      | $379833.62    | 0.36%             | 2050-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Antares CLO                              | Antares CLO 2017-1 Ltd.                                                     | CUSIP: 03665JAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    270000 | PA      | $243415.26    | 0.23%             | 2033-04-20      | Floating      | 6.94%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                   | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $158509.80    | 0.15%             | 2029-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                   | Arizona Public Service Co.                                                  | CUSIP: 040555CY8<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    789000 | PA      | $607918.98    | 0.58%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                      | Ashtead Capital, Inc.                                                       | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    422000 | PA      | $385883.13    | 0.37%             | 2028-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding           | Avis Budget Rental Car Funding AESOP LLC                                    | CUSIP: 05377RDU5<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $138902.55    | 0.13%             | 2026-08-20      | Fixed         | 2.33%                 | Yes           |                  2 | On Loan: No      |
| BAT CAPITAL CORP                         | BAT Capital Corp.                                                           | CUSIP: 05526DBR5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    320000 | PA      | $266410.56    | 0.25%             | 2028-03-25      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                     | BAT International Finance PLC                                               | CUSIP: 05530QAN0<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |    386000 | PA      | $342021.09    | 0.32%             | 2026-03-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust                              | BXHPP Trust 2021-FILM                                                       | CUSIP: 05609JAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    162000 | PA      | $149404.34    | 0.14%             | 2036-08-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                     | Bank of America Corp.                                                       | CUSIP: 06051GEN5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204956.60    | 0.19%             | 2042-02-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                     | Bank of America Corp.                                                       | CUSIP: 06051GGC7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189984.60    | 0.18%             | 2027-11-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                     | Bank of America Corp.                                                       | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1532558.51   | 1.45%             | 2033-02-04      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                  | Bayer U.S. Finance II LLC                                                   | CUSIP: 07274NAN3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $871480.00    | 0.83%             | 2038-06-25      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| BIMBO BAKERIES USA INC                   | Bimbo Bakeries USA, Inc.                                                    | CUSIP: 09031WAA1<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |    352000 | PA      | $266800.86    | 0.25%             | 2051-05-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Blackbird Capital Aircraft               | Blackbird Capital Aircraft                                                  | CUSIP: 09229CAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    338828 | PA      | $255449.64    | 0.24%             | 2046-07-15      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| BOEING CO                                | Boeing Co.                                                                  | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    450000 | PA      | $418964.40    | 0.40%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                  | CF Hippolyta Issuer LLC                                                     | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    505742 | PA      | $451765.10    | 0.43%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| CMS ENERGY CORP                          | CMS Energy Corp.                                                            | CUSIP: 125896BV1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    229000 | PA      | $172451.89    | 0.16%             | 2050-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                         | CSC Holdings LLC                                                            | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    250000 | PA      | $169375.00    | 0.16%             | 2028-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                         | CSC Holdings LLC                                                            | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    423000 | PA      | $345802.50    | 0.33%             | 2029-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                         | CSC Holdings LLC                                                            | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1144000 | PA      | $632124.06    | 0.60%             | 2030-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| COMM Mortgage Trust                      | COMM 2020-CX Mortgage Trust                                                 | CUSIP: 12656KAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109000 | PA      | $75404.13     | 0.07%             | 2046-11-10      | Variable      | 2.68%                 | Yes           |                  2 | On Loan: No      |
| US TREASURY N/B                          | United States Treasury Bond                                                 | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    420000 | PA      | $228424.14    | 0.22%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                          | United States Treasury Bond                                                 | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    271900 | PA      | $226101.98    | 0.21%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                          | United States Treasury Bond                                                 | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    134900 | PA      | $121388.96    | 0.11%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                          | United States Treasury Note                                                 | CUSIP: 91282CBB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    863200 | PA      | $732607.34    | 0.69%             | 2027-12-31      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                          | United States Treasury Note                                                 | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    319300 | PA      | $291810.19    | 0.28%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                          | United States Treasury Note                                                 | CUSIP: 91282CFJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    239100 | PA      | $227528.04    | 0.22%             | 2029-08-31      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                          | CVS Health Corp.                                                            | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    271000 | PA      | $262565.94    | 0.25%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                          | CVS Health Corp.                                                            | CUSIP: 126650DL1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    287000 | PA      | $230085.03    | 0.22%             | 2050-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                 | Canadian Pacific Railway Co.                                                | CUSIP: 13645RBF0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    449000 | PA      | $373218.68    | 0.35%             | 2031-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                 | Celanese U.S. Holdings LLC                                                  | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    560000 | PA      | $553143.92    | 0.52%             | 2027-07-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                          | United States Treasury Note                                                 | CUSIP: 91282CFT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $200531.20    | 0.19%             | 2029-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                          | United States Treasury Note                                                 | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    123300 | PA      | $126286.20    | 0.12%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                   | UnitedHealth Group, Inc.                                                    | CUSIP: 91324PEE8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    397000 | PA      | $300151.85    | 0.28%             | 2041-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| UNIV OF MICHIGAN MI                      | University of Michigan                                                      | CUSIP: 914455VJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    294000 | PA      | $249011.83    | 0.24%             | 2047-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| VTR FINANCE BV                           | VTR Finance N.V.                                                            | CUSIP: 918374AA7<br>LEI: 213800F4XI4RJB82XM19 | Long             | DBT              | CORP              | NL        |    350000 | PA      | $134737.75    | 0.13%             | 2028-07-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                    | Vale Overseas Ltd.                                                          | CUSIP: 91911TAH6<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    381000 | PA      | $402215.22    | 0.38%             | 2036-11-21      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                 | Cheniere Energy Partners LP                                                 | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |     90000 | PA      | $71557.02     | 0.07%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                            | Citigroup, Inc.                                                             | CUSIP: 172967HS3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    804000 | PA      | $728327.52    | 0.69%             | 2044-05-06      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                       | Valero Energy Corp.                                                         | CUSIP: 91913YBE9<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    198000 | PA      | $149454.36    | 0.14%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                   | Verizon Communications, Inc.                                                | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    664000 | PA      | $474590.68    | 0.45%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                            | Citigroup, Inc.                                                             | CUSIP: 172967ME8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    297000 | PA      | $268514.14    | 0.25%             | 2030-03-20      | Variable      | 3.98%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                            | Citigroup, Inc.                                                             | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    605000 | PA      | $527027.60    | 0.50%             | 2169-03-10      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                     | CITGO Petroleum Corp.                                                       | CUSIP: 17302XAK2<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    172000 | PA      | $168191.92    | 0.16%             | 2025-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP                             | Comcast Corp.                                                               | CUSIP: 20030NCZ2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1045000 | PA      | $763648.38    | 0.72%             | 2050-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST            | Commonbond Student Loan Trust 2019-A-GS                                     | CUSIP: 20268CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    403254 | PA      | $362869.30    | 0.34%             | 2047-01-25      | Fixed         | 2.54%                 | Yes           |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                      | CommonSpirit Health                                                         | CUSIP: 20268JAF0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    400000 | PA      | $330773.20    | 0.31%             | 2030-10-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| TRANSMANTARO                             | Consorcio Transmantaro S.A.                                                 | CUSIP: 210314AB6<br>LEI: 549300NL65DC6HVEJX96 | Long             | DBT              | CORP              | PE        |    200000 | PA      | $181999.80    | 0.17%             | 2034-04-16      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| COX ENTERPRISES INC                      | Cox Enterprises, Inc.                                                       | CUSIP: 224050AE4<br>LEI: TVRMNZKRGA8LPW6XPG60 | Long             | DBT              | CORP              | US        |    600000 | PA      | $633408.60    | 0.60%             | 2027-07-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                   | Verizon Communications, Inc.                                                | CUSIP: 92343VGJ7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    450000 | PA      | $370693.80    | 0.35%             | 2031-03-21      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                         | Paramount Global                                                            | CUSIP: 925524AX8<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     83000 | PA      | $80924.59     | 0.08%             | 2036-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                       | Credit Agricole S.A.                                                        | CUSIP: 225313AK1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    451000 | PA      | $393604.84    | 0.37%             | 2033-01-10      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                   | Credit Suisse Group A.G.                                                    | CUSIP: 225401AM0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    697000 | PA      | $616463.04    | 0.58%             | 2025-09-11      | Variable      | 2.59%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                         | Paramount Global                                                            | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    488000 | PA      | $400819.29    | 0.38%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                 | Virgin Media Finance PLC                                                    | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $160235.60    | 0.15%             | 2030-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VMWARE INC                               | VMware, Inc.                                                                | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    768000 | PA      | $584688.38    | 0.55%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC                          | WEA Finance LLC                                                             | CUSIP: 92928QAD0<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |     34000 | PA      | $22963.57     | 0.02%             | 2048-09-20      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                    | Wells Fargo & Co.                                                           | CUSIP: 949746RN3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    250000 | PA      | $241887.50    | 0.23%             | 2049-12-29      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                    | Wells Fargo & Co.                                                           | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    719000 | PA      | $629315.54    | 0.60%             | 2169-03-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                   | Credit Suisse Group A.G.                                                    | CUSIP: 225401AU2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $173497.25    | 0.16%             | 2032-05-14      | Variable      | 3.09%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                    | DB Master Finance LLC                                                       | CUSIP: 233046AN1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |    615780 | PA      | $523667.32    | 0.50%             | 2051-11-20      | Fixed         | 2.04%                 | Yes           |                  2 | On Loan: No      |
| DRB PRIME STUDENT LOAN TRUST             | DRB Prime Student Loan Trust 2017-A                                         | CUSIP: 23342KAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      7635 | PA      | $7616.89      | 0.01%             | 2042-05-27      | Fixed         | 2.85%                 | Yes           |                  2 | On Loan: No      |
| DT MIDSTREAM INC                         | DT Midstream, Inc.                                                          | CUSIP: 23345MAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    358000 | PA      | $314519.11    | 0.30%             | 2032-04-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                     | Western Digital Corp.                                                       | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    144000 | PA      | $111408.48    | 0.11%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                     | Westpac Banking Corp.                                                       | CUSIP: 961214EP4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   1010000 | PA      | $751902.58    | 0.71%             | 2035-11-15      | Variable      | 2.67%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer LLC                      | DataBank Issuer                                                             | CUSIP: 23802WAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    598000 | PA      | $515127.96    | 0.49%             | 2051-10-25      | Fixed         | 2.40%                 | Yes           |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                  | Dell International LLC / EMC Corp.                                          | CUSIP: 24703DBG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    519000 | PA      | $320026.30    | 0.30%             | 2051-12-15      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                  | Dell International LLC / EMC Corp.                                          | CUSIP: 24703TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    226000 | PA      | $228579.11    | 0.22%             | 2025-07-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                  | Dell International LLC / EMC Corp.                                          | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    229000 | PA      | $262330.95    | 0.25%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                   | Williams Cos., Inc.                                                         | CUSIP: 96950FAP9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    800000 | PA      | $684352.00    | 0.65%             | 2045-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Willis Engine Securitization T           | Willis Engine Structured Trust IV                                           | CUSIP: 97064EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    583838 | PA      | $466248.94    | 0.44%             | 2043-09-15      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                   | Discover Financial Services                                                 | CUSIP: 254709AS7<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    414000 | PA      | $422270.89    | 0.40%             | 2032-11-29      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LL           | Domino's Pizza Master Issuer LLC                                            | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    531900 | PA      | $447456.09    | 0.42%             | 2051-04-25      | Fixed         | 2.66%                 | Yes           |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                     | ERAC USA Finance LLC                                                        | CUSIP: 26884TAN2<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |   2216000 | PA      | $1811072.54   | 1.72%             | 2045-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| EPR PROPERTIES                           | EPR Properties                                                              | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    545000 | PA      | $396133.80    | 0.38%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Willis Engine Securitization T           | Willis Engine Structured Trust VI                                           | CUSIP: 97064GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    620633 | PA      | $454234.50    | 0.43%             | 2046-05-15      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Financial Square           | Goldman Sachs Financial Square Government Fund - Class FST                  | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |    825673 | PA      | $825673.34    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                     | Edison International                                                        | CUSIP: 281020AS6<br>LEI: 549300I7ROF15MAEVP56 | Long             | EP               | CORP              | US        |    634000 | PA      | $535705.91    | 0.51%             | 2169-09-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| EIG PEARL HOLDINGS SARL                  | EIG Pearl Holdings Sarl                                                     | CUSIP: 28249NAB7<br>LEI: 549300KIMRL45BWA5H76 | Long             | DBT              | CORP              | LU        |    690000 | PA      | $529612.26    | 0.50%             | 2046-11-30      | Fixed         | 4.39%                 | Yes           |                  2 | On Loan: No      |
| KINDER MORGAN INC/DELAWA                 | Kinder Morgan, Inc.                                                         | CUSIP: 28368EAA4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    410000 | PA      | $445727.40    | 0.42%             | 2030-10-15      | Fixed         | 8.05%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                             | Enbridge, Inc.                                                              | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    180000 | PA      | $165544.20    | 0.16%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| ENDEAVOR ENERGY RESOURCE                 | Endeavor Energy Resources LP / EER Finance, Inc.                            | CUSIP: 29260FAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    337000 | PA      | $323516.63    | 0.31%             | 2028-01-30      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                       | Energy Transfer LP                                                          | CUSIP: 29278NAQ6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    314000 | PA      | $277768.80    | 0.26%             | 2030-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                       | Energy Transfer LP                                                          | CUSIP: 29279FAA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $467855.00    | 0.44%             | 2049-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                             | Entergy Corp.                                                               | CUSIP: 29364GAL7<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    252000 | PA      | $213103.55    | 0.20%             | 2030-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                 | Enterprise Products Operating LLC                                           | CUSIP: 29379VAQ6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    475000 | PA      | $497683.63    | 0.47%             | 2040-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                 | Enterprise Products Operating LLC                                           | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    126000 | PA      | $96265.51     | 0.09%             | 2078-02-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                 | Enterprise Products Operating LLC                                           | CUSIP: 29379VCB7<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    366000 | PA      | $245297.59    | 0.23%             | 2053-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| EVERGY MISSOURI WEST INC                 | Evergy Missouri West, Inc.                                                  | CUSIP: 30037FAA8<br>LEI: EZIFUDC0VSUS6T6LCG85 | Long             | DBT              | CORP              | US        |    385000 | PA      | $384180.34    | 0.36%             | 2027-12-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| EXELON CORP                              | Exelon Corp.                                                                | CUSIP: 30161NAX9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    905000 | PA      | $842309.75    | 0.80%             | 2030-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                   | Extra Space Storage LP                                                      | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    265000 | PA      | $201251.07    | 0.19%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                  | Exxon Mobil Corp.                                                           | CUSIP: 30231GBF8<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    956000 | PA      | $862931.49    | 0.82%             | 2040-03-19      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| FARMERS INS EXCH                         | Farmers Insurance Exchange                                                  | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $847900.20    | 0.80%             | 2057-11-01      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FIRSTENERGY CORP                         | FirstEnergy Corp.                                                           | CUSIP: 337932AC1<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $225250.00    | 0.21%             | 2031-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                         | Flatiron CLO 18 Ltd.                                                        | CUSIP: 33883GAE7<br>LEI: 5493008L4GGS612L9S27 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1180464.00   | 1.12%             | 2031-04-17      | Floating      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Flexential Issuer, LLC                   | Flexential Issuer 2021-1                                                    | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    545000 | PA      | $475786.09    | 0.45%             | 2051-11-27      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust             | Ford Credit Auto Owner Trust 2022-C                                         | CUSIP: 34535AAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    370000 | PA      | $366409.52    | 0.35%             | 2028-02-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                 | Ford Motor Credit Co. LLC                                                   | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    739000 | PA      | $680918.30    | 0.64%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities            | Fortress Credit Opportunities IX CLO Ltd.                                   | CUSIP: 34961JAY0<br>LEI: 2549008RD44HDM6DNP14 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1421248.35   | 1.35%             | 2033-10-15      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                  | Frontier Communications Holdings LLC                                        | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     36000 | PA      | $33428.52     | 0.03%             | 2027-10-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                  | Frontier Communications Holdings LLC                                        | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    245000 | PA      | $212738.40    | 0.20%             | 2028-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                  | GLP Capital LP / GLP Financing II, Inc.                                     | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    151000 | PA      | $120707.14    | 0.11%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                        | General Motors Co.                                                          | CUSIP: 37045VAU4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    362000 | PA      | $376285.97    | 0.36%             | 2027-10-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                   | General Motors Financial Co., Inc.                                          | CUSIP: 37045XCY0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    797000 | PA      | $672906.30    | 0.64%             | 2030-06-21      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                   | General Motors Financial Co., Inc.                                          | CUSIP: 37045XDE3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1213000 | PA      | $917345.81    | 0.87%             | 2031-01-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                      | Global Payments, Inc.                                                       | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    192000 | PA      | $183540.86    | 0.17%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                  | Goldman Sachs Group, Inc.                                                   | CUSIP: 38141GES9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    209000 | PA      | $214681.67    | 0.20%             | 2027-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                  | Goldman Sachs Group, Inc.                                                   | CUSIP: 38141GFD1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    250000 | PA      | $265963.75    | 0.25%             | 2037-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                  | Goldman Sachs Group, Inc.                                                   | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    790000 | PA      | $803798.93    | 0.76%             | 2027-10-28      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd           | Golub Capital Partners Clo 36m Ltd.                                         | CUSIP: 38175BAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    850000 | PA      | $786563.23    | 0.75%             | 2031-02-05      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd           | Golub Capital Partners Clo 47M Ltd.                                         | CUSIP: 38176VAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $226206.88    | 0.21%             | 2032-05-05      | Floating      | 7.78%                 | Yes           |                  2 | On Loan: No      |
| HSBC CAPITAL FUNDING USD                 | HSBC Capital Funding Dollar 1 LP                                            | CUSIP: 40427LAB0<br>LEI: 213800HMY2DB765NHE46 | Long             | EP               | CORP              | JE        |    395000 | PA      | $473995.26    | 0.45%             | 2049-12-29      | Variable      | 10.18%                | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                        | HSBC Holdings PLC                                                           | CUSIP: 404280CF4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    224000 | PA      | $214167.30    | 0.20%             | 2030-03-31      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                        | HSBC Holdings PLC                                                           | CUSIP: 404280CN7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    844000 | PA      | $656617.65    | 0.62%             | 2066-06-17      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| HIGH STREET FDG TRUST II                 | High Street Funding Trust II                                                | CUSIP: 42981DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    232000 | PA      | $187925.80    | 0.18%             | 2048-02-15      | Fixed         | 4.68%                 | Yes           |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                  | Howard Midstream Energy Partners LLC                                        | CUSIP: 442722AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107000 | PA      | $102564.42    | 0.10%             | 2027-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ILLUMINA INC                             | Illumina, Inc.                                                              | CUSIP: 452327AP4<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |     96000 | PA      | $96991.39     | 0.09%             | 2027-12-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                             | ING Groep N.V.                                                              | CUSIP: 456837BA0<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    663000 | PA      | $638442.48    | 0.60%             | 2026-03-28      | Variable      | 3.87%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                 | Intercontinental Exchange, Inc.                                             | CUSIP: 45866FAV6<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    257000 | PA      | $248477.88    | 0.24%             | 2029-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| INVERSIONES CMPC SA                      | Inversiones CMPC S.A.                                                       | CUSIP: 46128MAN1<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |    627000 | PA      | $567594.26    | 0.54%             | 2030-01-13      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| IPALCO ENTERPRISES INC                   | IPALCO Enterprises, Inc.                                                    | CUSIP: 462613AP5<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |    307000 | PA      | $273489.42    | 0.26%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                        | Iron Mountain, Inc.                                                         | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    320000 | PA      | $279104.00    | 0.26%             | 2029-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                        | Iron Mountain, Inc.                                                         | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     46000 | PA      | $41316.33     | 0.04%             | 2028-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                     | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc.                 | CUSIP: 46590XAT3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    206000 | PA      | $166860.00    | 0.16%             | 2032-01-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Ivy Hill Middle Market Credit            | IVY Hill Middle Market Credit Fund XII Ltd.                                 | CUSIP: 46600CAU4<br>LEI: 5493003XZKSFJKWICW70 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $224385.75    | 0.21%             | 2033-07-20      | Floating      | 7.14%                 | Yes           |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                  | Jersey Central Power & Light Co.                                            | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |    314000 | PA      | $254593.08    | 0.24%             | 2032-03-01      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| EVERGY METRO                             | Evergy Metro, Inc.                                                          | CUSIP: 485134BQ2<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |    230000 | PA      | $187853.42    | 0.18%             | 2047-06-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                        | Kinder Morgan, Inc.                                                         | CUSIP: 49456BAH4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    600000 | PA      | $549407.40    | 0.52%             | 2045-06-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                     | Kraft Heinz Foods Co.                                                       | CUSIP: 50077LBJ4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    373000 | PA      | $358994.97    | 0.34%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                | Kroger Co.                                                                  | CUSIP: 501044DL2<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    750000 | PA      | $724156.50    | 0.69%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                     | Kyndryl Holdings, Inc.                                                      | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    157000 | PA      | $129509.77    | 0.12%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| LABL INC                                 | LABL, Inc.                                                                  | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    173000 | PA      | $150729.71    | 0.14%             | 2028-11-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| DRB PRIME STUDENT LOAN TRUST             | Laurel Road Prime Student Loan Trust 2017-C                                 | CUSIP: 518889AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     39480 | PA      | $38706.79     | 0.04%             | 2042-11-25      | Fixed         | 2.81%                 | Yes           |                  2 | On Loan: No      |
| LIGHT SERVICOS ENERGIA                   | Light Servicos de Eletricidade S.A./Light Energia S.A.                      | CUSIP: 53227QAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |    239000 | PA      | $200039.65    | 0.19%             | 2026-06-18      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| AKER BP ASA                              | Aker BP A.S.A.                                                              | CUSIP: 55037AAB4<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    414000 | PA      | $339852.60    | 0.32%             | 2031-07-15      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| MCF CLO LLC                              | MCF CLO IX Ltd.                                                             | CUSIP: 55281XAM3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    543000 | PA      | $534224.96    | 0.51%             | 2031-07-17      | Floating      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga           | MF1 2021-FL7 Ltd.                                                           | CUSIP: 55284AAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    910500 | PA      | $860472.76    | 0.82%             | 2036-10-16      | Floating      | 5.79%                 | Yes           |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga           | MF1 2022-FL8 Ltd.                                                           | CUSIP: 55284JAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    448000 | PA      | $417628.74    | 0.40%             | 2037-02-19      | Floating      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| MPLX LP                                  | MPLX LP                                                                     | CUSIP: 55336VAP5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    983000 | PA      | $775633.20    | 0.73%             | 2058-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                  | MPLX LP                                                                     | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    249000 | PA      | $220429.49    | 0.21%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARB BONDCO PLC                          | MARB BondCo PLC                                                             | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    229000 | PA      | $176788.00    | 0.17%             | 2031-01-29      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| Marlette Funding Trust                   | Marlette Funding Trust 2022-3                                               | CUSIP: 57109NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     83497 | PA      | $82833.57     | 0.08%             | 2032-11-15      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                 | Masonite International Corp.                                                | CUSIP: 575385AE9<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |     52000 | PA      | $42064.15     | 0.04%             | 2030-02-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                  | Massachusetts Mutual Life Insurance Co.                                     | CUSIP: 575767AL2<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    236000 | PA      | $194324.76    | 0.18%             | 2077-04-01      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                  | Massachusetts Mutual Life Insurance Co.                                     | CUSIP: 575767AM0<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    502000 | PA      | $446177.60    | 0.42%             | 2069-02-15      | Variable      | 5.08%                 | Yes           |                  2 | On Loan: No      |
| MCDONALD'S CORP                          | McDonald's Corp.                                                            | CUSIP: 58013MFC3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    250000 | PA      | $218110.00    | 0.21%             | 2047-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                              | MetLife, Inc.                                                               | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1112165.00   | 1.05%             | 2066-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                              | MetLife, Inc.                                                               | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    333000 | PA      | $441744.48    | 0.42%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| METLIFE INC                              | MetLife, Inc.                                                               | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1219000 | PA      | $1420059.42   | 1.35%             | 2038-04-08      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| METROPOLITAN EDISON CO                   | Metropolitan Edison Co.                                                     | CUSIP: 591894CC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    354000 | PA      | $333040.01    | 0.32%             | 2029-01-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| MICROSOFT CORP                           | Microsoft Corp.                                                             | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    151000 | PA      | $96698.14     | 0.09%             | 2060-06-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                    | Micron Technology, Inc.                                                     | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    166000 | PA      | $125134.78    | 0.12%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                    | MidAmerican Energy Co.                                                      | CUSIP: 595620AU9<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $854640.00    | 0.81%             | 2049-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                           | Morgan Stanley                                                              | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    575000 | PA      | $541974.88    | 0.51%             | 2033-07-20      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                           | Morgan Stanley                                                              | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $472992.00    | 0.45%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                       | Murphy Oil USA, Inc.                                                        | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    125000 | PA      | $103193.63    | 0.10%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| NBM US HOLDINGS INC                      | NBM U.S. Holdings, Inc.                                                     | CUSIP: 62877VAB7<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |    600000 | PA      | $580500.00    | 0.55%             | 2029-08-06      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| NGPL PIPECO LLC                          | NGPL PipeCo LLC                                                             | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    737000 | PA      | $769985.91    | 0.73%             | 2037-12-15      | Fixed         | 7.77%                 | Yes           |                  2 | On Loan: No      |
| NGPL PIPECO LLC                          | NGPL PipeCo LLC                                                             | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    820000 | PA      | $779972.52    | 0.74%             | 2027-08-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                   | NXP B.V. / NXP Funding LLC / NXP USA, Inc.                                  | CUSIP: 62954HAV0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    526000 | PA      | $489440.90    | 0.46%             | 2029-06-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust               | Navient Private Education Refi Loan Trust 2021-A                            | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115472 | PA      | $99930.48     | 0.09%             | 2069-05-15      | Fixed         | 0.84%                 | Yes           |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Iss           | New Economy Assets Phase 1 Sponsor LLC                                      | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1058000 | PA      | $902241.24    | 0.85%             | 2061-10-20      | Fixed         | 1.91%                 | Yes           |                  2 | On Loan: No      |
| NEW ENGLAND POWER CO                     | New England Power Co.                                                       | CUSIP: 644188BH6<br>LEI: 549300DTVRGN9GYD5U85 | Long             | DBT              | CORP              | US        |    206000 | PA      | $213329.27    | 0.20%             | 2052-11-25      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan            | New Residential Mortgage Loan Trust 2021-NQM2R                              | CUSIP: 64831EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    215329 | PA      | $190835.30    | 0.18%             | 2058-10-25      | Variable      | 0.94%                 | Yes           |                  2 | On Loan: No      |
| NEWCREST FINANCE PTY LTD                 | Newcrest Finance Pty Ltd.                                                   | CUSIP: 65120FAD6<br>LEI: 549300I0XDZ4K7PDSS04 | Long             | DBT              | CORP              | AU        |    272000 | PA      | $227650.13    | 0.22%             | 2030-05-13      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| NEWELL BRANDS INC                        | Newell Brands, Inc.                                                         | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    104000 | PA      | $103387.44    | 0.10%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                        | Newell Brands, Inc.                                                         | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     92000 | PA      | $90850.00     | 0.09%             | 2029-09-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                             | NiSource, Inc.                                                              | CUSIP: 65473PAG0<br>LEI: 549300D8GOWWH0SJB189 | Long             | EP               | CORP              | US        |    277000 | PA      | $258302.50    | 0.24%             | 2167-06-15      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                             | NiSource, Inc.                                                              | CUSIP: 65473PAJ4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    218000 | PA      | $194773.19    | 0.18%             | 2030-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                              | Nutrien Ltd.                                                                | CUSIP: 67077MAZ1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    206000 | PA      | $208690.15    | 0.20%             | 2024-11-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                | ONEOK, Inc.                                                                 | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    107000 | PA      | $107667.15    | 0.10%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                              | Oracle Corp.                                                                | CUSIP: 68389XBH7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    500000 | PA      | $411020.50    | 0.39%             | 2036-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                              | Oracle Corp.                                                                | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    458000 | PA      | $340430.48    | 0.32%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                              | Oracle Corp.                                                                | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $958801.87    | 0.91%             | 2028-03-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                   | Orbia Advance Corp. S.A.B. de C.V.                                          | CUSIP: 68560EAB4<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |    358000 | PA      | $279687.50    | 0.26%             | 2031-05-11      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| ORGANON & CO/ORG                         | Organon & Co. / Organon Foreign Debt Co.-Issuer B.V.                        | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $177080.00    | 0.17%             | 2028-04-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| PMT ISSUER TRUST - FMSR                  | PMT Issuer Trust - FMSR                                                     | CUSIP: 69346MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    554000 | PA      | $519907.39    | 0.49%             | 2026-03-25      | Floating      | 7.39%                 | Yes           |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                   | PNC Financial Services Group, Inc.                                          | CUSIP: 693475AQ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    379000 | PA      | $327643.98    | 0.31%             | 2049-12-29      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                   | PNC Financial Services Group, Inc.                                          | CUSIP: 693475AW5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    369000 | PA      | $338540.16    | 0.32%             | 2029-04-23      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                   | Pacific Gas and Electric Co.                                                | CUSIP: 694308JF5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    305000 | PA      | $260637.75    | 0.25%             | 2027-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                   | Pacific Gas and Electric Co.                                                | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    481000 | PA      | $303953.52    | 0.29%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                      | Petroleos Mexicanos                                                         | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    224000 | PA      | $175928.70    | 0.17%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                      | Petroleos Mexicanos                                                         | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    304000 | PA      | $230057.47    | 0.22%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                      | Petroleos Mexicanos                                                         | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    136000 | PA      | $85938.40     | 0.08%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                   | Philip Morris International, Inc.                                           | CUSIP: 718172CW7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     54000 | PA      | $54943.38     | 0.05%             | 2029-11-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                  | Piedmont Natural Gas Co., Inc.                                              | CUSIP: 720186AL9<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    535000 | PA      | $491319.93    | 0.47%             | 2029-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                 | Plains All American Pipeline LP / PAA Finance Corp.                         | CUSIP: 72650RBL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $240314.25    | 0.23%             | 2026-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                  | Principal Financial Group, Inc.                                             | CUSIP: 74251VAL6<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |    845000 | PA      | $817537.50    | 0.77%             | 2055-05-15      | Variable      | 7.65%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                | Prosus N.V.                                                                 | CUSIP: 74365PAJ7<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    530000 | PA      | $383078.70    | 0.36%             | 2052-01-19      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                 | Prudential Financial, Inc.                                                  | CUSIP: 744320AM4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    746000 | PA      | $732945.00    | 0.69%             | 2043-06-15      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                 | Prudential Financial, Inc.                                                  | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    447000 | PA      | $426885.00    | 0.40%             | 2048-09-15      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                         | Puget Energy, Inc.                                                          | CUSIP: 745310AM4<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    239000 | PA      | $203613.42    | 0.19%             | 2028-06-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PureWest Funding LLC                     | Purewest Funding LLC                                                        | CUSIP: 746245AA7<br>LEI: 549300CU0IQI7FATI376 | Long             | ABS-O            | CORP              | US        |    217278 | PA      | $206071.77    | 0.20%             | 2036-12-22      | Fixed         | 4.09%                 | Yes           |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 2                    | Scentre Group Trust 2                                                       | CUSIP: 76025LAA2<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              | CORP              | AU        |   1989000 | PA      | $1781149.50   | 1.69%             | 2080-09-24      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALT                 | Rexford Industrial Realty LP                                                | CUSIP: 76169XAB0<br>LEI: 549300028US163ELJN70 | Long             | DBT              | CORP              | US        |    215000 | PA      | $165316.51    | 0.16%             | 2031-09-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                       | Royalty Pharma PLC                                                          | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    829000 | PA      | $650136.62    | 0.62%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                       | Royalty Pharma PLC                                                          | CUSIP: 78081BAN3<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    320000 | PA      | $242832.64    | 0.23%             | 2031-09-02      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                          | SBA Tower Trust                                                             | CUSIP: 78403DAX8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    462000 | PA      | $355758.48    | 0.34%             | 2031-10-15      | Fixed         | 2.59%                 | Yes           |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                          | Slam 2021-1 Ltd.                                                            | CUSIP: 78449AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1188934 | PA      | $980476.15    | 0.93%             | 2046-06-15      | Fixed         | 2.43%                 | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl           | Santander Drive Auto Receivables Trust 2022-5                               | CUSIP: 80287HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    238000 | PA      | $230242.87    | 0.22%             | 2028-10-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                 | Saudi Government International Bond                                         | CUSIP: 80413TAL3<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |   1000000 | PA      | $980000.00    | 0.93%             | 2050-01-16      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SEALED AIR CORP                          | Sealed Air Corp.                                                            | CUSIP: 81211KAZ3<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    523000 | PA      | $452197.31    | 0.43%             | 2026-10-15      | Fixed         | 1.57%                 | Yes           |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                      | Sherwin-Williams Co.                                                        | CUSIP: 824348BP0<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    761000 | PA      | $478101.29    | 0.45%             | 2052-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SIMPAR EUROPE SA                         | Simpar Europe S.A.                                                          | CUSIP: 82883PAA2<br>LEI: 54930068BSUST41D5C30 | Long             | DBT              | CORP              | LU        |    585000 | PA      | $443137.50    | 0.42%             | 2031-01-26      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                 | Delta Air Lines, Inc. / SkyMiles IP Ltd.                                    | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    126000 | PA      | $122979.53    | 0.12%             | 2025-10-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                 | Delta Air Lines, Inc. / SkyMiles IP Ltd.                                    | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    623000 | PA      | $586436.13    | 0.56%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SMB Private Education Loan Tru           | SMB Private Education Loan Trust 2017-B                                     | CUSIP: 83189DAC4<br>LEI: 549300NWENTZ8X7JUC78 | Long             | ABS-O            | CORP              | US        |     97260 | PA      | $95990.01     | 0.09%             | 2035-10-15      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| SMB Private Education Loan Tru           | SMB Private Education Loan Trust 2019-B                                     | CUSIP: 83192CAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    601774 | PA      | $587404.49    | 0.56%             | 2037-06-15      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                  | Southern Co. Gas Capital Corp.                                              | CUSIP: 8426EPAB4<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    121000 | PA      | $91301.28     | 0.09%             | 2046-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                  | Southern Co. Gas Capital Corp.                                              | CUSIP: 8426EPAC2<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    822000 | PA      | $660634.00    | 0.63%             | 2047-05-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET                 | Smyrna Ready Mix Concrete LLC                                               | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    448000 | PA      | $400825.60    | 0.38%             | 2028-11-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| STARBUCKS CORP                           | Starbucks Corp.                                                             | CUSIP: 855244AU3<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |   1034000 | PA      | $885245.66    | 0.84%             | 2049-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FIN US INC                    | Stellantis Finance US, Inc.                                                 | CUSIP: 85855CAB6<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    220000 | PA      | $168410.44    | 0.16%             | 2031-09-15      | Fixed         | 2.69%                 | Yes           |                  2 | On Loan: No      |
| STERIS PLC                               | STERIS Irish FinCo UnLtd Co.                                                | CUSIP: 85917PAA5<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |    323000 | PA      | $263199.46    | 0.25%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                       | Energy Transfer LP                                                          | CUSIP: 86765BAV1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    275000 | PA      | $232473.45    | 0.22%             | 2047-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                      | Suzano Austria GmbH                                                         | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    313000 | PA      | $262707.79    | 0.25%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE                   | Sydney Airport Finance Co. Pty Ltd.                                         | CUSIP: 87124VAE9<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |     50000 | PA      | $47435.20     | 0.04%             | 2025-04-30      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                      | Synchrony Financial                                                         | CUSIP: 87165BAR4<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    740000 | PA      | $556597.66    | 0.53%             | 2031-10-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| TIF Funding II LLC                       | TIF Funding II LLC                                                          | CUSIP: 872480AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    492994 | PA      | $409490.99    | 0.39%             | 2046-02-20      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                    | Takeda Pharmaceutical Co., Ltd.                                             | CUSIP: 874060AZ9<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    545000 | PA      | $372620.32    | 0.35%             | 2050-07-09      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                 | Targa Resources Partners LP / Targa Resources Partners Finance Corp.        | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    809000 | PA      | $761204.28    | 0.72%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                    | Tenet Healthcare Corp.                                                      | CUSIP: 88033GCY4<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    180000 | PA      | $170893.80    | 0.16%             | 2026-01-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                    | Time Warner Cable LLC                                                       | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    489000 | PA      | $467436.08    | 0.44%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                  | Transcontinental Gas Pipe Line Co. LLC                                      | CUSIP: 893574AR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $222211.92    | 0.21%             | 2050-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                         | Triton Container International Ltd.                                         | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    160000 | PA      | $124955.52    | 0.12%             | 2031-06-15      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                    | Truist Financial Corp.                                                      | CUSIP: 89832QAD1<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |   1232000 | PA      | $1109110.46   | 1.05%             | 2168-03-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| USQ Rail I LLC                           | ITE Rail Fund Levered LP                                                    | CUSIP: 90352WAD6<br>LEI: 25490077I8NB6ADB4I38 | Long             | ABS-O            | CORP              | US        |    199829 | PA      | $167795.01    | 0.16%             | 2051-02-28      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| 5YR T-NOTE FUTURE MAR 23   /             | 5YR T-NOTE FUTURE MAR 23   /                                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |        18 | NC      | $-1701.03     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| U.S. 2YR NOTE (CBT) INDEX 04/05/2023   / | U.S. 2YR NOTE (CBT) INDEX 04/05/2023   /                                    | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |        23 | NC      | $5174.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. 10YR NOTE (CBT) MAR 23   /          | U.S. 10YR NOTE (CBT) MAR 23   /                                             | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -32 | NC      | $27728.21     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. LONG BOND FUT MAR 2023   /          | U.S. LONG BOND FUT MAR 2023   /                                             | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       214 | NC      | $-224342.41   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| ULTRA 10YR U.S. TREASU 03/31/2023   /    | ULTRA 10YR U.S. TREASU 03/31/2023   /                                       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -183 | NC      | $216835.01    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTRA LONG T-BOND FUTURE MAR 2023   /    | ULTRA LONG T-BOND FUTURE MAR 2023   /                                       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -41 | NC      | $104638.64    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-06

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

**Signature:** /s/ Terrance P. Gallagher

**Name of Signer:** Terrance P. Gallagher

**Title:** Assistant Vice President