# EDGAR Filing Document

**Accession Number:** 0001480207
**File Stem:** 0001193125-26-075567
**Filing Date:** 2026-2
**Character Count:** 142567
**Document Hash:** e41f0444dc56fcbf65e6fd67edcbb07f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-075567.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001193125-26-075567

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DoubleLine Funds Trust
- **CENTRAL INDEX KEY:** 0001480207

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22378
- **FILM NUMBER:** 26685342

**BUSINESS ADDRESS:**
- **STREET 1:** 2002 N. TAMPA ST.,
- **STREET 2:** SUITE 200
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33602
- **BUSINESS PHONE:** (813) 791-7333

**MAIL ADDRESS:**
- **STREET 1:** 2002 N. TAMPA ST.,
- **STREET 2:** SUITE 200
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33602

## Series and Classes Contracts Data

### Doubleline Selective Credit Fund (Series ID: S000046335)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000144794 | Class I      | DBSCX           |

## Nport-Ex

---

| | |
|:---|:---|
| **DoubleLine Selective Credit Fund** | (Unaudited) |
| **Schedule of Investments** | December 31, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| **ASSET BACKED OBLIGATIONS - 0.0%<sup>(a)</sup>** | **ASSET BACKED OBLIGATIONS - 0.0%<sup>(a)</sup>** | **ASSET BACKED OBLIGATIONS - 0.0%<sup>(a)</sup>** |  |  |
|  | Waterfall Commercial Mortgage Trust |  |  |  |
| 61968 | &nbsp;&nbsp;Series 2015-SBC5-A | 4.10 %<sup>(b)(c)</sup> | 12/31/2026 | 61395 |
|  | **Total Asset Backed Obligations (Cost $61,968)** |  |  | **61395** |
| **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 0.0%<sup>(a)</sup>** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 0.0%<sup>(a)</sup>** | **NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 0.0%<sup>(a)</sup>** |  |  |
|  | JP Morgan Chase Commercial Mortgage Securities |  |  |  |
| 350000 | &nbsp;&nbsp;Series 2018-WPT-EFL (1 mo. Term SOFR + 2.84%, 2.60% Floor) | 6.66 %<sup>(c)</sup> | 07/05/2033 | 138253 |
|  | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $349,125)** | **Total Non-Agency Commercial Mortgage Backed Obligations (Cost $349,125)** |  | **138253** |
| **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 97.5%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 97.5%** | **NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 97.5%** |  |  |
|  | Adjustable Rate Mortgage Trust |  |  |  |
| 2218658 | &nbsp;&nbsp;Series 2005-10-5A1 (1 mo. Term SOFR + 0.63%, 0.52% Floor, 11.00% Cap) | 4.37% | 01/25/2036 | 2144127 |
|  | Ameriquest Mortgage Securities, Inc. |  |  |  |
| 9500000 | &nbsp;&nbsp;Series 2005-R4-M6 (1 mo. Term SOFR + 1.12%, 1.01% Floor) | 4.85% | 07/25/2035 | 8724101 |
|  | AMSR Trust |  |  |  |
| 3222000 | &nbsp;&nbsp;Series 2024-SFR1-B | 4.29 %<sup>(c)(d)</sup> | 07/17/2041 | 3175630 |
| 2500000 | &nbsp;&nbsp;Series 2025-SFR1-B | 3.66 %<sup>(c)</sup> | 06/17/2042 | 2392398 |
| 10000000 | &nbsp;&nbsp;Series 2025-SFR2-C | 4.28 %<sup>(c)</sup> | 11/17/2042 | 9673462 |
| 10000000 | &nbsp;&nbsp;Series 2025-SFR2-D | 4.28 %<sup>(c)</sup> | 11/17/2042 | 9604727 |
|  | Angel Oak Mortgage Trust LLC |  |  |  |
| 4500000 | &nbsp;&nbsp;Series 2021-5-M1 | 2.39 %<sup>(b)(c)</sup> | 07/25/2066 | 3475976 |
| 2826225 | &nbsp;&nbsp;Series 2025-12-A3 | 5.34 %<sup>(c)(d)</sup> | 12/25/2070 | 2834647 |
| 1150000 | &nbsp;&nbsp;Series 2025-12-M1 | 5.77 %<sup>(c)(d)</sup> | 12/25/2070 | 1152079 |
| 847657 | &nbsp;&nbsp;Series 2025-7-A3 | 5.92 %<sup>(c)(d)</sup> | 06/25/2070 | 855021 |
| 1500000 | &nbsp;&nbsp;Series 2025-7-M1 | 6.35 %<sup>(b)(c)</sup> | 06/25/2070 | 1524826 |
|  | Arroyo Mortgage Trust |  |  |  |
| 7539000 | &nbsp;&nbsp;Series 2019-3-M1 | 4.20 %<sup>(b)(c)</sup> | 10/25/2048 | 7106192 |
|  | Asset Backed Securities Corp. Home Equity |  |  |  |
| 3597244 | &nbsp;&nbsp;Series 2003-HE1-M3 (1 mo. Term SOFR + 5.36%, 5.25% Floor) | 9.11% | 01/15/2033 | 3351395 |
|  | Banc of America Alternative Loan Trust |  |  |  |
| 3307571 | &nbsp;&nbsp;Series 2007-1-3A24 | 6.00% | 04/25/2037 | 2872732 |
|  | Banc of America Funding Corp. |  |  |  |
| 711280 | &nbsp;&nbsp;Series 2006-2-2A11 | 5.50% | 03/25/2036 | 620548 |
| 724417 | &nbsp;&nbsp;Series 2007-1-TA8 | 6.35 %<sup>(d)</sup> | 01/25/2037 | 679512 |
| 2587350 | &nbsp;&nbsp;Series 2014-R8-A2 (1 mo. Term SOFR + 0.35%, 0.24% Floor) | 4.09 %<sup>(c)</sup> | 06/26/2036 | 2157359 |
|  | Banc of America Mortgage Securities, Inc. |  |  |  |
| 820389 | &nbsp;&nbsp;Series 2006-3-1A10 | 6.00% | 10/25/2036 | 709006 |
|  | Banco Santander SA |  |  |  |
| 4097650 | &nbsp;&nbsp;Series 2025-NQM5-M1 | 6.04 %<sup>(b)(c)</sup> | 08/25/2065 | 4123149 |
|  | BCAP LLC Trust |  |  |  |
| 7541142 | &nbsp;&nbsp;Series 2012-RR4-6A2 | 5.54 %<sup>(b)(c)</sup> | 11/26/2035 | 3428156 |
| 2986194 | &nbsp;&nbsp;Series 2013-RR2-6A2 | 3.91 %<sup>(b)(c)</sup> | 06/26/2037 | 2349919 |
|  | Bear Stearns Adjustable Rate Mortgage Trust |  |  |  |
| 1709385 | &nbsp;&nbsp;Series 2006-2-2A1 | 4.33 %<sup>(b)</sup> | 07/25/2036 | 1473179 |
|  | Bear Stearns Alt-A Trust |  |  |  |
| 1366328 | &nbsp;&nbsp;Series 2005-10-23A1 | 4.72 %<sup>(b)</sup> | 01/25/2036 | 1270520 |
| 5406095 | &nbsp;&nbsp;Series 2006-3-21A1 | 4.42 %<sup>(b)</sup> | 05/25/2036 | 3821555 |
| 1158175 | &nbsp;&nbsp;Series 2006-4-31A1 | 4.54 %<sup>(b)</sup> | 07/25/2036 | 661560 |
|  | Bear Stearns Asset Backed Securities Trust |  |  |  |
| 327501 | &nbsp;&nbsp;Series 2006-AC5-A1 | 6.75 %<sup>(d)</sup> | 12/25/2036 | 368613 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2942726 | &nbsp;&nbsp;Series 2006-AQ1-12A (1 mo. Term SOFR + 0.39%, 0.28% Floor) | 4.13% | 10/25/2036 | 2900966 |
| 524856 | &nbsp;&nbsp;Series 2006-IM1-A1 (1 mo. Term SOFR + 0.57%, 0.46% Floor) | 4.31% | 04/25/2036 | 570766 |
|  | BRAVO Residential Funding Trust |  |  |  |
| 2858258 | &nbsp;&nbsp;Series 2024-NQM1-A1 | 5.94 %<sup>(c)(d)</sup> | 12/01/2063 | 2879761 |
| 900000 | &nbsp;&nbsp;Series 2024-NQM7-M1 | 6.38 %<sup>(b)(c)</sup> | 10/27/2064 | 914164 |
| 1000000 | &nbsp;&nbsp;Series 2025-NQM10-M1 | 5.76 %<sup>(b)(c)</sup> | 09/25/2065 | 1002486 |
|  | Carrington Mortgage Loan Trust |  |  |  |
| 2580170 | &nbsp;&nbsp;Series 2007-RFC1-A3 (1 mo. Term SOFR + 0.25%, 0.14% Floor, 14.50% Cap) | 3.99% | 12/25/2036 | 2548534 |
|  | Chase Mortgage Finance Corp. |  |  |  |
| 1557678 | &nbsp;&nbsp;Series 2006-S2-1A9 | 6.25% | 10/25/2036 | 560974 |
| 3689678 | &nbsp;&nbsp;Series 2006-S3-1A2 | 6.00% | 11/25/2036 | 1520873 |
| 311861 | &nbsp;&nbsp;Series 2007-S3-1A12 | 6.00% | 05/25/2037 | 127576 |
|  | CIM Trust |  |  |  |
| 7601231 | &nbsp;&nbsp;Series 2023-R2-A1 | 5.50 %<sup>(b)(c)</sup> | 08/25/2064 | 7689092 |
| 8443954 | &nbsp;&nbsp;Series 2023-R4-A1 | 5.00 %<sup>(b)(c)</sup> | 05/25/2062 | 8444827 |
|  | Citigroup Mortgage Loan Trust, Inc. |  |  |  |
| 327835 | &nbsp;&nbsp;Series 2005-9-21A2 | 5.50% | 11/25/2035 | 333001 |
| 446392 | &nbsp;&nbsp;Series 2007-AR8-1A1A | 3.69 %<sup>(b)</sup> | 08/25/2047 | 390939 |
| 3461899 | &nbsp;&nbsp;Series 2009-10-2A2 | 7.00 %<sup>(b)(c)</sup> | 12/25/2035 | 2474125 |
| 7064748 | &nbsp;&nbsp;Series 2019-A-PT1 | 3.92 %<sup>(c)</sup> | 10/25/2058 | 5899715 |
| 6454482 | &nbsp;&nbsp;Series 2020-RP1-A1 | 1.50 %<sup>(b)(c)</sup> | 08/25/2064 | 5826079 |
| 1040000 | &nbsp;&nbsp;Series 2020-RP1-M1 | 2.00 %<sup>(b)(c)</sup> | 08/25/2064 | 814020 |
| 874000 | &nbsp;&nbsp;Series 2020-RP1-M2 | 2.50 %<sup>(b)(c)</sup> | 08/25/2064 | 678726 |
| 738000 | &nbsp;&nbsp;Series 2020-RP1-M3 | 2.75 %<sup>(b)(c)</sup> | 08/25/2064 | 553423 |
| 1923929 | &nbsp;&nbsp;Series 2020-RP1-PT5 | 6.46 %<sup>(b)(c)</sup> | 08/25/2064 | 1582966 |
| 892382 | &nbsp;&nbsp;Series 2021-JL1-A | 2.75 %<sup>(b)(c)</sup> | 02/27/2062 | 872236 |
|  | Citimortgage Alternative Loan Trust |  |  |  |
| 700897 | &nbsp;&nbsp;Series 2006-A1-1A6 | 6.00% | 04/25/2036 | 667573 |
| 2853547 | &nbsp;&nbsp;Series 2006-A2-A5 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap) | 4.45% | 05/25/2036 | 2470415 |
| 3142440 | &nbsp;&nbsp;Series 2006-A2-A6 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap) | 1.55 %<sup>(e)(f)</sup> | 05/25/2036 | 238600 |
| 4854871 | &nbsp;&nbsp;Series 2007-A5-1A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.10% Cap) | 4.35% | 05/25/2037 | 4068020 |
| 4854871 | &nbsp;&nbsp;Series 2007-A5-1A4 (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap) | 1.75 %<sup>(e)(f)</sup> | 05/25/2037 | 415424 |
| 1484934 | &nbsp;&nbsp;Series 2007-A6-1A4 | 6.00% | 06/25/2037 | 1368826 |
| 1011960 | &nbsp;&nbsp;Series 2007-A6-1A5 | 6.00% | 06/25/2037 | 932856 |
| 1421907 | &nbsp;&nbsp;Series 2007-A8-A1 | 6.00% | 10/25/2037 | 1327330 |
|  | Countrywide Alternative Loan Trust |  |  |  |
| 1262385 | &nbsp;&nbsp;Series 2004-27CB-A6 | 5.50% | 12/25/2034 | 1123663 |
| 745980 | &nbsp;&nbsp;Series 2005-28CB-2A7 | 5.75% | 08/25/2035 | 464786 |
| 1826471 | &nbsp;&nbsp;Series 2005-4-1A3 | 5.75% | 04/25/2035 | 1276478 |
| 886351 | &nbsp;&nbsp;Series 2005-46CB-A20 | 5.50% | 10/25/2035 | 609608 |
| 3010365 | &nbsp;&nbsp;Series 2005-55CB-2A1 | 5.50% | 11/25/2035 | 1627378 |
| 1821148 | &nbsp;&nbsp;Series 2005-65CB-1A11 | 6.00% | 01/25/2036 | 1230546 |
| 126922 | &nbsp;&nbsp;Series 2005-73CB-1A3 | 6.25% | 01/25/2036 | 125719 |
| 2428795 | &nbsp;&nbsp;Series 2005-79CB-A1 (1 mo. Term SOFR + 0.66%, 0.55% Floor, 5.50% Cap) | 4.40% | 01/25/2036 | 1143433 |
| 2428794 | &nbsp;&nbsp;Series 2005-79CB-A2 (-1 x 1 mo. Term SOFR + 4.84%, 0.00% Floor, 4.95% Cap) | 1.10 %<sup>(e)(f)</sup> | 01/25/2036 | 181375 |
| 6261984 | &nbsp;&nbsp;Series 2005-80CB-4A1 | 6.00% | 02/25/2036 | 2699096 |
| 1060760 | &nbsp;&nbsp;Series 2006-14CB-A8 | 6.00% | 06/25/2036 | 559850 |
| 9771589 | &nbsp;&nbsp;Series 2006-31CB-A4 | 6.00% | 11/25/2036 | 5299806 |
| 2355942 | &nbsp;&nbsp;Series 2006-41CB-2A12 | 6.00% | 01/25/2037 | 1174910 |
| 899341 | &nbsp;&nbsp;Series 2006-41CB-2A15 | 5.75% | 01/25/2037 | 431097 |
| 2940935 | &nbsp;&nbsp;Series 2006-46-A6 | 6.00% | 02/25/2047 | 1394409 |
| 1497205 | &nbsp;&nbsp;Series 2006-7CB-2A1 | 6.50% | 05/25/2036 | 600345 |
| 950722 | &nbsp;&nbsp;Series 2006-8T1-1A4 | 6.00% | 04/25/2036 | 439955 |
| 917727 | &nbsp;&nbsp;Series 2006-J4-2A13 | 6.00% | 07/25/2036 | 510371 |
| 2527235 | &nbsp;&nbsp;Series 2006-J4-2A8 | 6.00% | 07/25/2036 | 1405460 |
| 882958 | &nbsp;&nbsp;Series 2006-J6-A5 | 6.00% | 09/25/2036 | 399888 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 751511 | &nbsp;&nbsp;Series 2007-13-A4 | 6.00% | 06/25/2047 | 375872 |
| 11346085 | &nbsp;&nbsp;Series 2007-16CB-3A1 (1 mo. Term SOFR) | 6.75% | 08/25/2037 | 2445037 |
| 3972787 | &nbsp;&nbsp;Series 2007-2CB-2A9 | 5.75% | 03/25/2037 | 1871362 |
| 2747602 | &nbsp;&nbsp;Series 2007-4CB-1A9 | 5.75% | 04/25/2037 | 2260828 |
| 3230976 | &nbsp;&nbsp;Series 2007-OA8-1A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor) | 4.21% | 06/25/2047 | 2947568 |
|  | Countrywide Asset-Backed Certificates |  |  |  |
| 8277789 | &nbsp;&nbsp;Series 2005-17-1AF4 | 6.55 %<sup>(d)</sup> | 05/25/2036 | 6901758 |
| 9304037 | &nbsp;&nbsp;Series 2006-25-M1 (1 mo. Term SOFR + 0.49%, 0.38% Floor) | 4.22% | 06/25/2047 | 8405785 |
|  | Countrywide Home Loan Mortgage Pass Through Trust |  |  |  |
| 79687 | &nbsp;&nbsp;Series 2006-10-1A11 | 5.85% | 05/25/2036 | 29411 |
| 1964678 | &nbsp;&nbsp;Series 2006-13-1A17 (-1 x 1 mo. Term SOFR + 5.54%, 0.00% Floor, 5.65% Cap) | 1.80 %<sup>(e)(f)</sup> | 09/25/2036 | 236852 |
| 1964678 | &nbsp;&nbsp;Series 2006-13-1A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.25% Cap) | 4.45% | 09/25/2036 | 638105 |
| 500777 | &nbsp;&nbsp;Series 2006-17-A6 | 6.00% | 12/25/2036 | 219175 |
| 1189162 | &nbsp;&nbsp;Series 2006-19-1A7 | 6.00% | 01/25/2037 | 543381 |
| 1529867 | &nbsp;&nbsp;Series 2006-9-A2 | 6.00% | 05/25/2036 | 681699 |
| 4915066 | &nbsp;&nbsp;Series 2007-15-1A29 | 6.25% | 09/25/2037 | 2888425 |
| 4766028 | &nbsp;&nbsp;Series 2007-21-1A1 | 6.25% | 02/25/2038 | 2052469 |
| 438225 | &nbsp;&nbsp;Series 2007-4-1A10 | 6.00% | 05/25/2037 | 176151 |
| 312091 | &nbsp;&nbsp;Series 2007-8-1A5 | 5.44% | 01/25/2038 | 118494 |
| 2749549 | &nbsp;&nbsp;Series 2007-HYB1-2A1 | 4.02 %<sup>(b)</sup> | 03/25/2037 | 2340174 |
|  | Credit Suisse First Boston Mortgage Securities Corp. |  |  |  |
| 804603 | &nbsp;&nbsp;Series 2005-9-3A2 | 6.00% | 10/25/2035 | 218553 |
|  | Credit Suisse Management LLC |  |  |  |
| 841459 | &nbsp;&nbsp;Series 2005-12-5A1 | 5.25% | 01/25/2036 | 734829 |
|  | Credit Suisse Mortgage Capital Certificates |  |  |  |
| 697879 | &nbsp;&nbsp;Series 2006-6-1A10 | 6.00% | 07/25/2036 | 304392 |
| 3244594 | &nbsp;&nbsp;Series 2006-7-10A1 | 6.75% | 08/25/2036 | 1563126 |
| 290802 | &nbsp;&nbsp;Series 2008-2R-1A1 | 6.00 %<sup>(c)</sup> | 07/25/2037 | 250723 |
| 1984117 | &nbsp;&nbsp;Series 2009-9R-10A2 | 5.50 %<sup>(c)</sup> | 12/26/2035 | 1110800 |
| 3800000 | &nbsp;&nbsp;Series 2020-AFC1-M1 | 2.84 %<sup>(b)(c)</sup> | 02/25/2050 | 3342933 |
| 10393883 | &nbsp;&nbsp;Series 2020-RPL1-PT1 | 3.29 %<sup>(b)(c)</sup> | 10/25/2069 | 8563203 |
|  | Cross Mortgage Trust |  |  |  |
| 1400000 | &nbsp;&nbsp;Series 2025-H3-M1 | 6.85 %<sup>(b)(c)</sup> | 04/25/2070 | 1438032 |
|  | Deutsche ALT-A Securities, Inc. |  |  |  |
| 746329 | &nbsp;&nbsp;Series 2005-6-2A1 | 5.50% | 12/25/2035 | 638719 |
| 159002 | &nbsp;&nbsp;Series 2006-AB4-A1A (30 day avg SOFR US) | 6.01 %<sup>(b)</sup> | 10/25/2036 | 139467 |
|  | Deutsche Mortgage Securities, Inc. |  |  |  |
| 395761 | &nbsp;&nbsp;Series 2009-RS2-1A2 | 6.19 %<sup>(b)(c)</sup> | 09/26/2036 | 393440 |
|  | Ellington Financial Mortgage Trust |  |  |  |
| 4735000 | &nbsp;&nbsp;Series 2019-2-B1 | 4.07 %<sup>(b)(c)</sup> | 11/25/2059 | 4251198 |
| 1000000 | &nbsp;&nbsp;Series 2025-NQM5-M1 | 5.77 %<sup>(b)(c)</sup> | 11/25/2070 | 1002385 |
|  | Fannie Mae Connecticut Avenue Securities |  |  |  |
| 14705766 | &nbsp;&nbsp;Series 2024-R04-1A1 (30 day avg SOFR US + 1.00%, 0.00% Floor) | 4.87 %<sup>(c)</sup> | 05/25/2044 | 14722166 |
|  | First Horizon Alternative Mortgage Securities |  |  |  |
| 484685 | &nbsp;&nbsp;Series 2005-FA8-1A3 | 5.50% | 11/25/2035 | 212052 |
| 1671543 | &nbsp;&nbsp;Series 2007-FA3-A8 | 6.00% | 06/25/2037 | 500824 |
| 1786923 | &nbsp;&nbsp;Series 2007-FA4-1A4 | 6.25% | 08/25/2037 | 598552 |
|  | First Horizon Asset Securities, Inc. |  |  |  |
| 120946 | &nbsp;&nbsp;Series 2006-1-1A2 | 6.00% | 05/25/2036 | 46198 |
|  | Freddie Mac Structured Agency Credit Risk Debt Notes |  |  |  |
| 6250000 | &nbsp;&nbsp;Series 2025-HQA1-M2 (30 day avg SOFR US + 1.65%, 0.00% Floor) | 5.52 %<sup>(c)</sup> | 02/25/2045 | 6268907 |
|  | Freedom Mortgage Parent LLC |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2021-GT1-A | 3.62 %<sup>(b)(c)</sup> | 07/25/2026 | 9667372 |
|  | Fremont Home Loan Trust |  |  |  |
| 9201247 | &nbsp;&nbsp;Series 2006-D-2A4 (1 mo. Term SOFR + 0.55%, 0.44% Floor) | 4.29% | 11/25/2036 | 3231729 |
|  | Greenpoint Mortgage Funding Trust |  |  |  |
| 3135300 | &nbsp;&nbsp;Series 2005-AR4-3A1 (12 Month US Treasury Average + 1.40%, 1.40% Floor) | 5.43% | 10/25/2045 | 2463889 |
|  | GS Mortgage-Backed Securities Trust |  |  |  |
| 1000000 | &nbsp;&nbsp;Series 2025-NQM5-M1 | 5.75 %<sup>(b)(c)</sup> | 07/25/2065 | 999865 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
|  | GSAMP Trust |  |  |  |
| 7072732 | &nbsp;&nbsp;Series 2007-NC1-A1 (1 mo. Term SOFR + 0.37%, 0.26% Floor) | 4.11% | 12/25/2046 | 3782828 |
|  | GSR Mortgage Loan Trust |  |  |  |
| 272076 | &nbsp;&nbsp;Series 2006-2F-3A4 | 6.00% | 02/25/2036 | 109619 |
| 1512040 | &nbsp;&nbsp;Series 2006-9F-5A2 (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap) | 2.70 %<sup>(e)(f)</sup> | 10/25/2036 | 220305 |
| 1512040 | &nbsp;&nbsp;Series 2006-9F-5A3 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap) | 4.30% | 10/25/2036 | 461814 |
| 700587 | &nbsp;&nbsp;Series 2007-1F-3A14 | 5.75% | 01/25/2037 | 401526 |
| 1528009 | &nbsp;&nbsp;Series 2007-2F-3A3 | 6.00% | 03/25/2037 | 750894 |
|  | Harborview Mortgage Loan Trust |  |  |  |
| 3057253 | &nbsp;&nbsp;Series 2006-BU1-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor, 10.50% Cap) | 4.27% | 02/19/2046 | 2838052 |
| 4170102 | &nbsp;&nbsp;Series 2007-7-1A1 (1 mo. Term SOFR + 2.11%, 0.00% Floor, 10.50% Cap) | 5.85% | 10/25/2037 | 3419293 |
|  | Home Partners of America Trust |  |  |  |
| 3657908 | &nbsp;&nbsp;Series 2019-2-C | 3.02 %<sup>(c)</sup> | 10/19/2039 | 3562186 |
| 3892366 | &nbsp;&nbsp;Series 2019-2-D | 3.12 %<sup>(c)</sup> | 10/19/2039 | 3781224 |
| 7326807 | &nbsp;&nbsp;Series 2019-2-E | 3.32 %<sup>(c)</sup> | 10/19/2039 | 7118284 |
|  | HSBC Asset Loan Obligation |  |  |  |
| 1713854 | &nbsp;&nbsp;Series 2007-1-3A6 | 6.00% | 06/25/2037 | 709027 |
|  | Indymac IMSC Mortgage Loan Trust |  |  |  |
| 3379866 | &nbsp;&nbsp;Series 2007-AR1-3A1 | 5.30 %<sup>(b)</sup> | 06/25/2037 | 3129045 |
|  | JP Morgan Alternative Loan Trust |  |  |  |
| 2164873 | &nbsp;&nbsp;Series 2008-R2-A1 | 5.14 %<sup>(b)(c)</sup> | 11/25/2036 | 1129790 |
|  | JP Morgan Mortgage Trust |  |  |  |
| 349608 | &nbsp;&nbsp;Series 2005-S3-1A1 | 6.50% | 01/25/2036 | 180152 |
| 912460 | &nbsp;&nbsp;Series 2006-A5-3A2 | 4.82 %<sup>(b)</sup> | 08/25/2036 | 700761 |
| 1866023 | &nbsp;&nbsp;Series 2007-S1-2A8 | 5.75% | 03/25/2037 | 646449 |
| 9962901 | &nbsp;&nbsp;Series 2025-NQM1-A1 | 5.59 %<sup>(c)(d)</sup> | 06/25/2065 | 10058063 |
| 1500000 | &nbsp;&nbsp;Series 2025-NQM4-M1A | 5.64 %<sup>(b)(c)</sup> | 03/25/2066 | 1502063 |
| 3200000 | &nbsp;&nbsp;Series 2025-NQM5-M1A | 5.67 %<sup>(b)(c)</sup> | 05/25/2065 | 3214544 |
|  | Lavender Trust/US |  |  |  |
| 873937 | &nbsp;&nbsp;Series 2010-R11A-A4 | 3.07 %<sup>(b)(c)</sup> | 10/26/2036 | 314035 |
|  | Legacy Mortgage Asset Trust |  |  |  |
| 9577528 | &nbsp;&nbsp;Series 2019-RPL3-PT1 | 0.00 %<sup>(c)</sup> | 06/25/2058 | 8579394 |
|  | Lehman Brothers Holdings, Inc. |  |  |  |
| 1208156 | &nbsp;&nbsp;Series 2007-1-2A2 (1 mo. Term SOFR + 0.31%, 0.20% Floor) | 4.05 %<sup>(c)</sup> | 06/25/2037 | 809227 |
| 4712089 | &nbsp;&nbsp;Series 2007-1-2A3 (1 mo. Term SOFR + 0.34%, 0.23% Floor) | 4.08 %<sup>(c)</sup> | 06/25/2037 | 3155081 |
|  | Lehman Mortgage Trust |  |  |  |
| 618395 | &nbsp;&nbsp;Series 2007-1-1A2 | 5.75% | 02/25/2037 | 628444 |
|  | Lehman XS Trust |  |  |  |
| 1292527 | &nbsp;&nbsp;Series 2006-17-1A4A (1 mo. Term SOFR + 0.45%, 0.34% Floor) | 4.19% | 08/25/2046 | 1222141 |
|  | Long Beach Mortgage Loan Trust |  |  |  |
| 6341921 | &nbsp;&nbsp;Series 2006-2-2A4 (1 mo. Term SOFR + 0.69%, 0.58% Floor) | 4.43% | 03/25/2046 | 2111662 |
|  | Mastr Adjustable Rate Mortgages Trust |  |  |  |
| 4514415 | &nbsp;&nbsp;Series 2005-6-3A2 | 3.71 %<sup>(b)</sup> | 07/25/2035 | 1493443 |
|  | MASTR Alternative Loans Trust |  |  |  |
| 762910 | &nbsp;&nbsp;Series 2004-10-5A5 | 5.75% | 09/25/2034 | 761895 |
|  | Mastr Asset Backed Securities Trust |  |  |  |
| 14891571 | &nbsp;&nbsp;Series 2006-WMC3-A1 (1 mo. Term SOFR + 0.38%, 0.27% Floor) | 4.12% | 08/25/2036 | 5433127 |
|  | Merrill Lynch Alternative Note Asset |  |  |  |
| 1322314 | &nbsp;&nbsp;Series 2007-F1-2A6 | 6.00% | 03/25/2037 | 414194 |
|  | Merrill Lynch Mortgage Investors, Inc. |  |  |  |
| 987301 | &nbsp;&nbsp;Series 2006-AF1-AF3B | 6.25% | 08/25/2036 | 352064 |
|  | MFRA Trust |  |  |  |
| 4600000 | &nbsp;&nbsp;Series 2021-NQM2-M1 | 2.37 %<sup>(b)(c)</sup> | 11/25/2064 | 3630558 |
| 1000000 | &nbsp;&nbsp;Series 2023-NQM3-M1 | 7.45 %<sup>(b)(c)</sup> | 07/25/2068 | 1010199 |
| 3378925 | &nbsp;&nbsp;Series 2025-NQM3-A3 | 5.72 %<sup>(c)(d)</sup> | 08/25/2070 | 3399420 |
|  | Morgan Stanley Mortgage Loan Trust |  |  |  |
| 3282294 | &nbsp;&nbsp;Series 2005-10-4A1 | 5.50% | 12/25/2035 | 1791459 |
|  | New Residential Mortgage Loan Trust |  |  |  |
| 1900000 | &nbsp;&nbsp;Series 2025-NQM6-A3 | 5.34 %<sup>(c)(d)</sup> | 10/25/2065 | 1912415 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **MATURITY** | **VALUE $** |
| 2083000 | &nbsp;&nbsp;Series 2025-NQM6-M1 | 5.81 %<sup>(b)(c)</sup> | 10/25/2065 | 2111812 |
|  | NMLT Trust |  |  |  |
| 4500000 | &nbsp;&nbsp;Series 2021-INV2-B1 | 3.32 %<sup>(b)(c)</sup> | 08/25/2056 | 3455125 |
|  | Nomura Asset Acceptance Corp. |  |  |  |
| 3009726 | &nbsp;&nbsp;Series 2006-AP1-A2 | 5.52 %<sup>(b)</sup> | 01/25/2036 | 846814 |
| 603532 | &nbsp;&nbsp;Series 2007-1-1A1A | 6.50 %<sup>(d)</sup> | 03/25/2047 | 551280 |
|  | Onslow Bay Mortgage Loan Trust |  |  |  |
| 4791923 | &nbsp;&nbsp;Series 2025-NQM2-A1 | 5.60 %<sup>(c)(d)</sup> | 11/25/2064 | 4838192 |
| 4143565 | &nbsp;&nbsp;Series 2025-NQM6-A1 | 5.60 %<sup>(c)(d)</sup> | 03/25/2065 | 4186688 |
| 9015509 | &nbsp;&nbsp;Series 2025-NQM7-A1 | 5.56 %<sup>(c)(d)</sup> | 05/25/2055 | 9106255 |
| 9014862 | &nbsp;&nbsp;Series 2025-NQM8-A1 | 5.47 %<sup>(c)(d)</sup> | 03/25/2065 | 9097310 |
| 1000000 | &nbsp;&nbsp;Series 2025-R1-A3 | 5.19 %<sup>(c)(d)</sup> | 09/25/2062 | 998944 |
| 1350000 | &nbsp;&nbsp;Series 2025-R1-M1 | 5.75 %<sup>(b)(c)</sup> | 09/25/2062 | 1345355 |
|  | Opteum Mortgage Acceptance Corp. |  |  |  |
| 5948082 | &nbsp;&nbsp;Series 2006-2-A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor) | 4.39% | 07/25/2036 | 1941175 |
|  | PR Mortgage Loan Trust |  |  |  |
| 264155 | &nbsp;&nbsp;Series 2014-1-APT | 5.85 %<sup>(b)(c)</sup> | 10/25/2049 | 250973 |
|  | Pretium Mortgage Credit Partners LLC |  |  |  |
| 5778934 | &nbsp;&nbsp;Series 2024-NPL9-A1 | 5.85 %<sup>(c)(d)</sup> | 12/25/2054 | 5786495 |
| 5747070 | &nbsp;&nbsp;Series 2025-NPL7-A1 | 5.66 %<sup>(c)(d)</sup> | 07/25/2055 | 5766287 |
|  | Progress Residential Trust |  |  |  |
| 10000000 | &nbsp;&nbsp;Series 2025-SFR4-A | 4.30 %<sup>(c)</sup> | 08/17/2042 | 9893182 |
| 10000000 | &nbsp;&nbsp;Series 2025-SFR4-B | 4.70 %<sup>(c)</sup> | 08/17/2042 | 9941184 |
| 12650000 | &nbsp;&nbsp;Series 2025-SFR4-C | 5.05 %<sup>(c)</sup> | 08/17/2042 | 12641718 |
| 7000000 | &nbsp;&nbsp;Series 2025-SFR5-C | 4.00 %<sup>(c)</sup> | 10/17/2042 | 6695837 |
|  | PRPM LLC |  |  |  |
| 1695290 | &nbsp;&nbsp;Series 2024-7-A1 | 5.87 %<sup>(c)(d)</sup> | 11/25/2029 | 1697435 |
| 1000000 | &nbsp;&nbsp;Series 2024-NQM4-M1A | 6.52 %<sup>(b)(c)</sup> | 12/26/2069 | 1019951 |
| 6314226 | &nbsp;&nbsp;Series 2025-2-A1 | 6.47 %<sup>(c)(d)</sup> | 05/25/2030 | 6330743 |
| 8100133 | &nbsp;&nbsp;Series 2025-3-A1 | 6.26 %<sup>(c)(d)</sup> | 05/25/2030 | 8121525 |
| 9250189 | &nbsp;&nbsp;Series 2025-4-A1 | 6.18 %<sup>(c)(d)</sup> | 06/25/2030 | 9274672 |
| 1344666 | &nbsp;&nbsp;Series 2025-5-A1 | 5.73 %<sup>(c)(d)</sup> | 07/25/2030 | 1346755 |
| 10166167 | &nbsp;&nbsp;Series 2025-6-A1 | 5.77 %<sup>(c)(d)</sup> | 08/25/2028 | 10190161 |
| 10743171 | &nbsp;&nbsp;Series 2025-NQM2-A1 | 5.69 %<sup>(c)(d)</sup> | 04/25/2070 | 10833927 |
| 1286257 | &nbsp;&nbsp;Series 2025-NQM5-A1 | 5.18 %<sup>(b)(c)</sup> | 10/25/2070 | 1289755 |
| 989428 | &nbsp;&nbsp;Series 2025-NQM5-A2 | 5.33 %<sup>(c)(d)</sup> | 10/25/2070 | 992038 |
| 989428 | &nbsp;&nbsp;Series 2025-NQM5-A3 | 5.43 %<sup>(c)(d)</sup> | 10/25/2070 | 992037 |
| 1000000 | &nbsp;&nbsp;Series 2025-NQM5-B1 | 6.90 %<sup>(b)(c)</sup> | 10/25/2070 | 1002610 |
| 1000000 | &nbsp;&nbsp;Series 2025-NQM5-M1 | 5.90 %<sup>(b)(c)</sup> | 10/25/2070 | 1003640 |
|  | RALI Trust |  |  |  |
| 920902 | &nbsp;&nbsp;Series 2005-QS12-A3 | 5.50% | 08/25/2035 | 812047 |
| 654619 | &nbsp;&nbsp;Series 2005-QS13-1A6 | 5.50% | 09/25/2035 | 522881 |
| 317833 | &nbsp;&nbsp;Series 2006-QS12-1A1 | 6.50% | 09/25/2036 | 124744 |
| 1316276 | &nbsp;&nbsp;Series 2006-QS12-2A12 (1 mo. Term SOFR + 0.31%, 0.20% Floor, 7.50% Cap) | 4.05% | 09/25/2036 | 955556 |
| 1316276 | &nbsp;&nbsp;Series 2006-QS12-2A13 | 3.09 %<sup>(f)(g)</sup> | 09/25/2036 | 192217 |
| 1394731 | &nbsp;&nbsp;Series 2006-QS18-1A4 | 6.25% | 12/25/2036 | 1327707 |
| 1568191 | &nbsp;&nbsp;Series 2006-QS3-1A14 | 6.00% | 03/25/2036 | 1426279 |
| 489244 | &nbsp;&nbsp;Series 2006-QS7-A2 | 6.00% | 06/25/2036 | 401766 |
| 3743347 | &nbsp;&nbsp;Series 2007-QS1-1A2 (-1 x 1 mo. Term SOFR + 5.34%, 0.00% Floor, 5.45% Cap) | 1.60 %<sup>(e)(f)</sup> | 01/25/2037 | 318059 |
| 3939965 | &nbsp;&nbsp;Series 2007-QS1-1A5 (1 mo. Term SOFR + 0.66%, 0.55% Floor, 6.00% Cap) | 4.40% | 01/25/2037 | 2940670 |
| 498545 | &nbsp;&nbsp;Series 2007-QS11-A1 | 7.00% | 10/25/2037 | 400663 |
| 272681 | &nbsp;&nbsp;Series 2007-QS5-A1 | 5.50% | 03/25/2037 | 226537 |
|  | RBSGC Mortgage Pass Through Certificates |  |  |  |
| 392153 | &nbsp;&nbsp;Series 2007-A-2A4 | 6.25% | 01/25/2037 | 361793 |
|  | Renaissance NIM Trust |  |  |  |
| 15336140 | &nbsp;&nbsp;Series 2006-2-AF2 | 5.76 %<sup>(d)</sup> | 08/25/2036 | 5182520 |
| 9024934 | &nbsp;&nbsp;Series 2006-3-AF4 | 5.81 %<sup>(d)</sup> | 11/25/2036 | 2891202 |
|  | Residential Asset Securitization Trust |  |  |  |
| 4189721 | &nbsp;&nbsp;Series 2006-A12-A1 | 6.25% | 11/25/2036 | 1459423 |
| 933628 | &nbsp;&nbsp;Series 2006-A8-1A1 | 6.00% | 08/25/2036 | 637698 |
|  | Rithm Capital Corp. |  |  |  |
| 2300000 | &nbsp;&nbsp;Series 2019-NQM4-B1 | 3.74 %<sup>(b)(c)</sup> | 09/25/2059 | 2065848 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL AMOUNT<br> $/SHARES** | **SECURITY DESCRIPTION** | **RATE** | **RATE** | **MATURITY** | **VALUE $** |
|  | Securitized Asset Backed Receivables LLC |  |  |  |  |
| 7411691 | &nbsp;&nbsp;Series 2006-NC1-A3 (1 mo. Term SOFR + 0.65%, 0.54% Floor) |  | 4.39% | 03/25/2036 | 6932293 |
|  | Sequoia Mortgage Trust |  |  |  |  |
| 154886 | &nbsp;&nbsp;Series 2013-9-AP |  | 0.00 %<sup>(c)(h)</sup> | 07/25/2043 | 111086 |
|  | Starwood Mortgage Residential Trust |  |  |  |  |
| 475517 | &nbsp;&nbsp;Series 2020-3-A1 |  | 1.49 %<sup>(b)(c)</sup> | 04/25/2065 | 466267 |
|  | Structured Adjustable Rate Mortgage Loan Trust |  |  |  |  |
| 1900881 | &nbsp;&nbsp;Series 2005-17-5A1 |  | 4.73 %<sup>(b)</sup> | 08/25/2035 | 943401 |
| 870747 | &nbsp;&nbsp;Series 2005-22-4A1 |  | 5.22 %<sup>(b)</sup> | 12/25/2035 | 807534 |
| 611608 | &nbsp;&nbsp;Series 2008-1-A2 |  | 4.44 %<sup>(b)</sup> | 10/25/2037 | 491578 |
|  | Structured Asset Mortgage Investments, Inc. |  |  |  |  |
| 2069399 | &nbsp;&nbsp;Series 2006-AR6-1A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 10.50% Cap) |  | 4.21% | 07/25/2046 | 1822834 |
| 2107613 | &nbsp;&nbsp;Series 2006-AR6-1A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 10.50% Cap) |  | 4.23% | 07/25/2046 | 1716704 |
| 3587081 | &nbsp;&nbsp;Series 2006-AR7-A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor, 10.50% Cap) |  | 4.27% | 08/25/2036 | 3020873 |
| 3155865 | &nbsp;&nbsp;Series 2007-AR3-2A1 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 10.50% Cap) |  | 4.23% | 09/25/2047 | 2936848 |
|  | Structured Asset Securities Corp. |  |  |  |  |
| 4500000 | &nbsp;&nbsp;Series 2007-BC4-M1 (1 mo. Term SOFR + 0.61%, 0.50% Floor) |  | 3.34% | 11/25/2037 | 3730699 |
| 10968927 | &nbsp;&nbsp;Series 2007-RF1-1A (1 mo. Term SOFR + 0.30%, 0.19% Floor) |  | 4.04 %<sup>(c)</sup> | 03/25/2037 | 9108872 |
|  | Tricon Residential Trust |  |  |  |  |
| 15576543 | &nbsp;&nbsp;Series 2025-SFR2-A |  | 5.20 %<sup>(c)</sup> | 08/17/2044 | 15734570 |
|  | Velocity Commercial Capital Loan Trust |  |  |  |  |
| 614773 | &nbsp;&nbsp;Series 2019-1-M6 |  | 6.79 %<sup>(b)(c)</sup> | 03/25/2049 | 543680 |
| 259868 | &nbsp;&nbsp;Series 2019-2-M5 |  | 4.93 %<sup>(b)(c)</sup> | 07/25/2049 | 215918 |
| 941950 | &nbsp;&nbsp;Series 2019-2-M6 |  | 6.30 %<sup>(b)(c)</sup> | 07/25/2049 | 717087 |
| 706210 | &nbsp;&nbsp;Series 2020-1-M6 |  | 5.69 %<sup>(b)(c)</sup> | 02/25/2050 | 568166 |
| 1293808 | &nbsp;&nbsp;Series 2021-1-M3 |  | 2.57 %<sup>(b)(c)</sup> | 05/25/2051 | 1021982 |
| 3028976 | &nbsp;&nbsp;Series 2021-1-M4 |  | 2.85 %<sup>(b)(c)</sup> | 05/25/2051 | 2353073 |
| 2909714 | &nbsp;&nbsp;Series 2021-2-M4 |  | 3.08 %<sup>(b)(c)</sup> | 08/25/2051 | 2264729 |
| 8765417 | &nbsp;&nbsp;Series 2025-1-A |  | 6.03 %<sup>(b)(c)</sup> | 02/25/2055 | 8878708 |
| 8474021 | &nbsp;&nbsp;Series 2025-3-A |  | 5.87 %<sup>(b)(c)</sup> | 06/25/2055 | 8561319 |
| 8200000 | &nbsp;&nbsp;Series 2025-5-A |  | 5.32 %<sup>(b)(c)</sup> | 12/25/2055 | 8233764 |
|  | Vericrest Opportunity Loan Transferee |  |  |  |  |
| 3283200 | &nbsp;&nbsp;Series 2021-NP12-A1 |  | 6.73 %<sup>(c)(d)</sup> | 12/26/2051 | 3289719 |
|  | Verus Securitization Trust |  |  |  |  |
| 6685000 | &nbsp;&nbsp;Series 2021-6-B1 |  | 4.05 %<sup>(b)(c)</sup> | 10/25/2066 | 5408082 |
| 2073000 | &nbsp;&nbsp;Series 2021-R2-B1 |  | 3.25 %<sup>(b)(c)</sup> | 02/25/2064 | 1702163 |
| 5858927 | &nbsp;&nbsp;Series 2024-9-A1 |  | 5.44 %<sup>(b)(c)</sup> | 11/25/2069 | 5903083 |
| 937139 | &nbsp;&nbsp;Series 2025-10-A3 |  | 5.37 %<sup>(c)(d)</sup> | 06/25/2070 | 940879 |
| 9636698 | &nbsp;&nbsp;Series 2025-4-A1 |  | 5.45 %<sup>(c)(d)</sup> | 05/25/2070 | 9729960 |
| 2036000 | &nbsp;&nbsp;Series 2025-5-M1 |  | 6.01 %<sup>(b)(c)</sup> | 06/25/2070 | 2055770 |
| 793121 | &nbsp;&nbsp;Series 2025-R1-A3 |  | 5.77 %<sup>(c)(d)</sup> | 05/25/2065 | 800379 |
|  | WaMu Mortgage Pass Through Certificates |  |  |  |  |
| 4757006 | &nbsp;&nbsp;Series 2006-AR11-1A (12 Month US Treasury Average + 0.96%, 0.96% Floor) |  | 4.99% | 09/25/2046 | 3973762 |
| 7346165 | &nbsp;&nbsp;Series 2006-AR18-1A1 |  | 3.66 %<sup>(b)</sup> | 01/25/2037 | 6389152 |
| 5831365 | &nbsp;&nbsp;Series 2007-HY7-3A1 |  | 4.18 %<sup>(b)</sup> | 07/25/2037 | 5354657 |
|  | Washington Mutual Alternative Mortgage Pass-Through Certificates |  |  |  |  |
| 753505 | &nbsp;&nbsp;Series 2005-10-2A8 |  | 6.00% | 11/25/2035 | 724942 |
| 2206768 | &nbsp;&nbsp;Series 2006-5-2CB6 |  | 6.00% | 07/25/2036 | 1585398 |
| 1541453 | &nbsp;&nbsp;Series 2007-2-1A6 |  | 6.00% | 04/25/2037 | 1283682 |
| 89942 | &nbsp;&nbsp;Series 2007-4-1A1 |  | 5.50% | 06/25/2037 | 88025 |
|  | Wells Fargo Mortgage Backed Securities Trust |  |  |  |  |
| 258381 | &nbsp;&nbsp;Series 2006-AR4-2A1 |  | 6.06 %<sup>(b)</sup> | 04/25/2036 | 256026 |
| 1559468 | &nbsp;&nbsp;Series 2007-7-A1 |  | 6.00% | 06/25/2037 | 1460915 |
|  | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $748,025,951)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $748,025,951)** | **Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $748,025,951)** |  | **643779496** |
| **SHORT TERM INVESTMENTS - 2.7%** | **SHORT TERM INVESTMENTS - 2.7%** | **SHORT TERM INVESTMENTS - 2.7%** |  |  |  |
| 5924944 | First American Government Obligations Fund - U |  | 3.69 %<sup>(i)</sup> |  | 5924944 |
| 5924944 | JPMorgan US Government Money Market Fund - IM |  | 3.72 %<sup>(i)</sup> |  | 5924944 |
| 5924943 | MSILF Government Portfolio - Institutional |  | 3.70 %<sup>(i)</sup> |  | 5924943 |
|  | **Total Short Term Investments (Cost $17,774,831)** |  |  |  | **17774831** |
|  | **Total Investments - 100.2%<sup>(j)</sup> (Cost $766,211,875)** |  |  |  | **661753975** |
|  | **Other Liabilities in Excess of Assets - (0.2)%** |  |  |  | **(1131230)** |
|  | **NET ASSETS - 100.0%** |  |  |  | $**660622745** |

---

---

| | |
|:---|:---|
| **SECURITY TYPE BREAKDOWN as a % of Net Assets:** | |
| Non-Agency Residential Collateralized Mortgage Obligations | 97.5% |
| Short Term Investments | 2.7% |
| Non-Agency Commercial Mortgage Backed Obligations | 0.0 %<sup>(a)</sup> |
| Asset Backed Obligations | 0.0 %<sup>(a)</sup> |
| Other Assets and Liabilities | (0.2)% |
| Net Assets | 100.0% |

---

**(a)** **Represents less than 0.05% of net assets.** 

**(b)** **Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.** 

**(c)** **Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2025, the value of these securities total $429,758,026 or 65.1% of the Fund's net assets.** 

**(d)** **Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.** 

**(e)** **Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.** 

**(f)** **Interest only security** 

**(g)** **Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.** 

**(h)** **Principal only security** 

**(i)** **Seven-day yield as of period end.** 

**(j)** **100.0% of the total investments are based in the United States.** 

---

| | |
|:---|:---|
| **SOFR** | **Secured Overnight Financing Rate** |

---

Notes to Schedule of Investments

December 31, 2025 (Unaudited)

**1. Significant Accounting Policies**

The Fund is an investment company that applies the accounting and reporting guidance issued in Topic 946, Financial Services – Investment Companies, by the Financial Accounting Standards Board ("FASB"). The following is a summary of the significant accounting policies of the Fund. These policies are in conformity with accounting principles generally accepted in the United States of America ("US GAAP").

**A. Security Valuation.** The Fund has adopted US GAAP fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion of changes in valuation techniques and related inputs during the period. These inputs are summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;• Level 1—Unadjusted quoted market prices in active markets
for identical securities

&nbsp;&nbsp;&nbsp;&nbsp;• Level 2—Quoted prices for identical or similar assets
in markets that are not active, or inputs derived from observable market data

&nbsp;&nbsp;&nbsp;&nbsp;• Level 3—Significant unobservable inputs (including
the reporting entity's estimates and assumptions)

Valuations for domestic and foreign fixed income securities are normally determined on the basis of evaluations provided by independent pricing services. Vendors typically value such securities based on one or more inputs described in the following table which is not intended to be a complete list. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed income securities in which the Fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income securities. Securities that use similar valuation techniques and inputs as described in the following table are categorized as Level 2 of the fair value hierarchy. To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3. Assets and liabilities may be transferred between levels.

---

| | |
|:---|:---|
| **Fixed-income class** | **Examples of Inputs** |
| All | Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as "standard inputs") |
| Corporate bonds and notes; convertible securities | Standard inputs and underlying equity of the issuer |
| US bonds and notes of government and government agencies | Standard inputs |
| Residential and commercial mortgage-backed obligations; asset-backed obligations (including collateralized loan obligations) | Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information, trustee reports |

---

Investments in registered open-end management investment companies will be valued based upon the net asset value ("NAV") of such investments and are categorized as Level 1 of the fair value hierarchy.

The Board of Trustees has adopted a pricing and valuation policy for use by the Fund and its Valuation Designee in calculating the Fund's NAV. Pursuant to Rule 2a-5 under the 1940 Act, the Fund has designated the Adviser as its "Valuation Designee" to perform all of the fair value determinations as well as to perform all of the responsibilities that may be performed by the Valuation Designee in accordance with Rule 2a-5. The Valuation Designee is authorized to make all necessary determinations of the fair values of portfolio securities and other assets for which market quotations are not readily available or if it is deemed that the prices obtained from brokers and dealers or independent pricing services are unreliable.

The following is a summary of the fair valuations according to the inputs used to value the Fund's investments as of December 31, 2025:

---

| | |
|:---|:---|
| **Category** | |
| &nbsp;&nbsp;**Investments in Securities** |  |
| &nbsp;&nbsp;**Level 1** |  |
| &nbsp;&nbsp;Short Term Investments | $17774831 |
| &nbsp;&nbsp;**Total Level 1** | 17774831 |
| &nbsp;&nbsp;**Level 2** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Residential Collateralized Mortgage Obligations | $643779496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-Agency Commercial Mortgage Backed Obligations | 138253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asset Backed Obligations | 61395 |
| &nbsp;&nbsp;**Total Level 2** | 643979144 |
| &nbsp;&nbsp;**Level 3** |  |
| &nbsp;&nbsp;**Total** | $661753975 |

---

*See the Schedule of Investments for further disaggregation of investment categories.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22378

- **c. CIK number of Registrant:** 0001480207

- **d. LEI of Registrant:** 549300MUFFXFRMY0RH66

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

  - **Street Address 1:** 2002 North Tampa Street

  - **City:** Tampa

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33602

  - **Telephone number:** 813-791-7333

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

- **a. Name of Series:** DoubleLine Selective Credit Fund

- **b. EDGAR series identifier (if any):** S000046335

- **c. LEI of Series:** 549300NSETB01KGP1591

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $664791812.55

**Total Liabilities:** $4169067.20

**Net Assets:** $660622745.35

**Cash Not Reported:** $177745.90

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 385.000000000000 | **1-Year:** 25032.000000000000 | **5-Year:** 55600.000000000000 | **10-Year:** 27954.000000000000 | **30-Year:** 2047.000000000000

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

- **3-Month:** 171.000000000000 | **1-Year:** 21318.000000000000 | **5-Year:** 70189.000000000000 | **10-Year:** 43368.000000000000 | **30-Year:** 1259.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000144794 | 0.80%                | 0.77%                | 0.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $1357058.55                                |
| Month 2  | $0.00                    | $1708855.50                                |
| Month 3  | $0.00                    | $-2636503.19                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Adjustable Rate Mortgage Trust | Adjustable Rate Mortgage Trust 2005-10                                          | CUSIP: 007036TM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2218658 | PA      | $2144126.63   | 0.32%             | 2036-01-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor | Banc of America Funding 2014-R8 Trust                                           | CUSIP: 05969MAB5<br>LEI: 5493001796TAQ7M7QX12 | Long             | ABS-MBS          | CORP              | US        |   2587350 | PA      | $2157359.19   | 0.33%             | 2036-06-26      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust       | Bear Stearns ALT-A Trust 2006-4                                                 | CUSIP: 073871BL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1158175 | PA      | $661559.69    | 0.10%             | 2036-07-25      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus | BRAVO Residential Funding Trust 2024-NQM1                                       | CUSIP: 10570FAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2858258 | PA      | $2879761.14   | 0.44%             | 2063-12-01      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2006-13                                         | CUSIP: 12543TAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1964678 | PA      | $638105.29    | 0.10%             | 2036-09-25      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2006-19                                         | CUSIP: 12543XAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1189162 | PA      | $543381.09    | 0.08%             | 2037-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan  | CitiMortgage Alternative Loan Trust Series 2007-A5                              | CUSIP: 12566WAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4854871 | PA      | $4068019.55   | 0.62%             | 2037-05-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan  | CitiMortgage Alternative Loan Trust Series 2007-A5                              | CUSIP: 12566WAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4854871 | PA      | $415424.01    | 0.06%             | 2037-05-25      | Floating      | 1.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2004-27CB                                                | CUSIP: 12667FWZ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1262385 | PA      | $1123663.49   | 0.17%             | 2034-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-65CB                                                | CUSIP: 12668AY58<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1821148 | PA      | $1230546.24   | 0.19%             | 2036-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-7CB                                                 | CUSIP: 12668BYM9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1497205 | PA      | $600345.02    | 0.09%             | 2036-05-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2006-9                                          | CUSIP: 126694W38<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1529867 | PA      | $681698.81    | 0.10%             | 2036-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Carrington Mortgage Loan Trust | Carrington Mortgage Loan Trust Series 2007-RFC1                                 | CUSIP: 144526AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2580170 | PA      | $2548533.93   | 0.39%             | 2036-12-25      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora | Chase Mortgage Finance Trust Series 2006-S3                                     | CUSIP: 16162XAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3689678 | PA      | $1520873.03   | 0.23%             | 2036-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora | Chase Mortgage Finance Trust Series 2007-S3                                     | CUSIP: 16163HAM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    311861 | PA      | $127575.86    | 0.02%             | 2037-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2005-9                                            | CUSIP: 17307GL22<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    327835 | PA      | $333001.17    | 0.05%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2020-RP1                                          | CUSIP: 17328MAR1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    874000 | PA      | $678726.03    | 0.10%             | 2064-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2025-NQM7 Trust                                                             | CUSIP: 67121DAA2<br>LEI: 2549008GB179CC65SK60 | Long             | ABS-MBS          | CORP              | US        |   9015509 | PA      | $9106255.04   | 1.38%             | 2055-05-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2025-R1 Trust                                                               | CUSIP: 67123GAE5<br>LEI: 254900UIO03AL696QM79 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $998943.80    | 0.15%             | 2062-09-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-NQM2 Trust                                                            | CUSIP: 693983AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10743171 | PA      | $10833927.45  | 1.64%             | 2070-04-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2007-4CB                                                 | CUSIP: 02148FAV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2747602 | PA      | $2260828.35   | 0.34%             | 2037-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-31CB                                                | CUSIP: 02148HAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9771589 | PA      | $5299805.93   | 0.80%             | 2036-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-41CB                                                | CUSIP: 02149CBC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2355942 | PA      | $1174910.12   | 0.18%             | 2037-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2007-13                                                  | CUSIP: 02150MAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    751511 | PA      | $375871.62    | 0.06%             | 2047-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-4                                                   | CUSIP: 12667F7A7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1826471 | PA      | $1276477.64   | 0.19%             | 2035-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-28CB                                                | CUSIP: 12667GYF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    745980 | PA      | $464786.38    | 0.07%             | 2035-08-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-80CB                                                | CUSIP: 12668BGF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6261984 | PA      | $2699096.27   | 0.41%             | 2036-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan  | CitiMortgage Alternative Loan Trust Series 2007-A8                              | CUSIP: 17313MAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1421907 | PA      | $1327329.69   | 0.20%             | 2037-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Mortgage Securities,  | Deutsche Mortgage Securities Inc Mortgage Loan Resecurit Trust Ser 2009-RS2     | CUSIP: 25158EAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    395761 | PA      | $393440.06    | 0.06%             | 2036-09-26      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage T | Ellington Financial Mortgage Trust 2019-2                                       | CUSIP: 31573TAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4735000 | PA      | $4251197.59   | 0.64%             | 2059-11-25      | Variable      | 4.07%                 | No            |                  2 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund                                      | CUSIP: 31846V211<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   5924944 | NS      | $5924943.69   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| GreenPoint Mortgage Funding Tr | GreenPoint Mortgage Funding Trust 2005-AR4                                      | CUSIP: 39538WBW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3135300 | PA      | $2463889.05   | 0.37%             | 2045-10-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan  | NRZT 2025-NQM6                                                                  | CUSIP: 64832KAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2083000 | PA      | $2111812.06   | 0.32%             | 2065-10-25      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| Nomura Asset Acceptance Corpor | Nomura Asset Acceptance Corp Alternative Loan Trust Series 2007-1               | CUSIP: 65538PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    603532 | PA      | $551280.37    | 0.08%             | 2047-03-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-NQM5 Trust                                                            | CUSIP: 69383FAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1003639.70   | 0.15%             | 2070-10-25      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2024-7 LLC                                                                 | CUSIP: 74448LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1695290 | PA      | $1697435.39   | 0.26%             | 2029-11-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati | Residential Asset Securitization Trust 2006-A12                                 | CUSIP: 76113XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4189721 | PA      | $1459423.44   | 0.22%             | 2036-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Inve | Structured Asset Mortgage Investments II Trust 2007-AR3                         | CUSIP: 86363NAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3155865 | PA      | $2936848.26   | 0.44%             | 2047-09-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-46                                                  | CUSIP: 02147JAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2940935 | PA      | $1394408.82   | 0.21%             | 2047-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2007-OA8                                                 | CUSIP: 02148GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3230976 | PA      | $2947567.69   | 0.45%             | 2047-06-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-41CB                                                | CUSIP: 02149CBF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    899341 | PA      | $431096.96    | 0.07%             | 2037-01-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2007-16CB                                                | CUSIP: 02152AAP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11346085 | PA      | $2445037.05   | 0.37%             | 2037-08-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor | Banc of America Funding 2007-1 Trust                                            | CUSIP: 05951FAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    724417 | PA      | $679511.80    | 0.10%             | 2037-01-25      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-8T1                                                 | CUSIP: 12668BMH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    950722 | PA      | $439954.79    | 0.07%             | 2036-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2006-17                                         | CUSIP: 17025AAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500777 | PA      | $219174.98    | 0.03%             | 2036-12-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2020-RP1                                          | CUSIP: 17328MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6454482 | PA      | $5826078.98   | 0.88%             | 2064-08-25      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2006-QS7 Trust                                                      | CUSIP: 748940AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    489244 | PA      | $401766.48    | 0.06%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2006-QS12 Trust                                                     | CUSIP: 751151AS0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1316276 | PA      | $192216.67    | 0.03%             | 2036-09-25      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mor | Structured Adjustable Rate Mortgage Loan Trust                                  | CUSIP: 863579G51<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    870747 | PA      | $807534.12    | 0.12%             | 2035-12-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mor | Structured Adjustable Rate Mortgage Loan Trust Series 2005-17                   | CUSIP: 863579VV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1900881 | PA      | $943401.39    | 0.14%             | 2035-08-25      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2025-3                                   | CUSIP: 92262RAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8474021 | PA      | $8561318.52   | 1.30%             | 2055-06-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2021-6                                               | CUSIP: 92538MAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6685000 | PA      | $5408082.11   | 0.82%             | 2066-10-25      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2025-4                                               | CUSIP: 92540UAC1<br>LEI: 2138009ZO3B2B5MAHZ49 | Long             | ABS-MBS          | CORP              | US        |   9636698 | PA      | $9729959.98   | 1.47%             | 2070-05-25      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2025-5                                               | CUSIP: 92540XAD3<br>LEI: 213800Z7TIVJRAYLRV98 | Long             | ABS-MBS          | CORP              | US        |   2036000 | PA      | $2055770.37   | 0.31%             | 2070-06-25      | Variable      | 6.01%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer | WaMu Mortgage Pass-Through Certificates Series 2006-AR11 Trust                  | CUSIP: 93363TAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4757006 | PA      | $3973761.67   | 0.60%             | 2046-09-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                     | AMSR 2025-SFR2 Trust                                                            | CUSIP: 00180BAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9604727.00   | 1.45%             | 2042-11-17      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust       | Angel Oak Mortgage Trust 2025-12                                                | CUSIP: 03466KAF3<br>LEI: 254900ZULW8CAJ29C630 | Long             | ABS-MBS          | CORP              | US        |   1150000 | PA      | $1152078.51   | 0.17%             | 2070-12-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust       | Angel Oak Mortgage Trust 2025-7                                                 | CUSIP: 03466TAD9<br>LEI: 254900QTRHHMG5RQ9X60 | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1524825.60   | 0.23%             | 2070-06-25      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| BCAP LLC Trust                 | BCAP LLC 2012-RR4 Trust                                                         | CUSIP: 05540XBR3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7541142 | PA      | $3428156.18   | 0.52%             | 2035-11-26      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Banc of America Mortgage Secur | Banc of America Mortgage 2006-3 Trust                                           | CUSIP: 05950LAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    820389 | PA      | $709005.74    | 0.11%             | 2036-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ameriquest Mortgage Securities | Asset-Backed Pass-Through Certificates Series 2005-R4                           | CUSIP: 03072SC78<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9500000 | PA      | $8724100.80   | 1.32%             | 2035-07-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust       | Angel Oak Mortgage Trust 2025-7                                                 | CUSIP: 03466TAC1<br>LEI: 254900QTRHHMG5RQ9X60 | Long             | ABS-MBS          | CORP              | US        |    847657 | PA      | $855021.35    | 0.13%             | 2070-06-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor | Banc of America Funding 2006-2 Trust                                            | CUSIP: 05949QAS4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    711280 | PA      | $620547.84    | 0.09%             | 2036-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus | Bravo Residential Funding Trust 2025-NQM10                                      | CUSIP: 10570BAF1<br>LEI: 2549000KHGUZMZ31N203 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002486.00   | 0.15%             | 2065-09-25      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2006-13                                         | CUSIP: 12543TAS4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1964678 | PA      | $236851.78    | 0.04%             | 2036-09-25      | Floating      | 1.80%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust   | CSMC Series 2009-9R                                                             | CUSIP: 12642HEL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1984117 | PA      | $1110800.31   | 0.17%             | 2035-12-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust   | CSMC 2020-RPL1 Trust                                                            | CUSIP: 12656EBY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10393883 | PA      | $8563203.32   | 1.30%             | 2069-10-25      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| CIM Trust                      | CIM Trust 2023-R2                                                               | CUSIP: 17181KAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7601231 | PA      | $7689092.05   | 1.16%             | 2064-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust           | Cross 2025-H3 Mortgage Trust                                                    | CUSIP: 22757EAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1438031.84   | 0.22%             | 2070-04-25      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust   | CSMC Mortgage-Backed Trust 2006-6                                               | CUSIP: 22942JAK9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    697879 | PA      | $304391.54    | 0.05%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mort | First Horizon Alternative Mortgage Securities Trust 2007-FA3                    | CUSIP: 32053GAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1671543 | PA      | $500823.66    | 0.08%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust        | GSR Mortgage Loan Trust 2006-9F                                                 | CUSIP: 3622X7AL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1512040 | PA      | $220305.00    | 0.03%             | 2036-10-25      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust        | GSR Mortgage Loan Trust 2006-2F                                                 | CUSIP: 362334DL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    272076 | PA      | $109618.90    | 0.02%             | 2036-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust | Home Partners of America 2019-2 Trust                                           | CUSIP: 43732TAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3892366 | PA      | $3781224.13   | 0.57%             | 2039-10-19      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust Series 2025-NQM4                                       | CUSIP: 46660HAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1502063.40   | 0.23%             | 2066-03-25      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust Series 2025-NQM5                                       | CUSIP: 46664DAH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3200000 | PA      | $3214544.32   | 0.49%             | 2065-05-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| JPMorgan US Government Money M | JPMorgan US Government Money Market Fund                                        | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |   5924944 | NS      | $5924943.69   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Lavender Trust                 | Lavender Trust Series 2010-RR11                                                 | CUSIP: 519440CA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    873937 | PA      | $314035.13    | 0.05%             | 2036-10-26      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investo | Merrill Lynch Mortgage Investors Trust Series 2006-AF1                          | CUSIP: 59023RAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    987301 | PA      | $352063.68    | 0.05%             | 2036-08-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Alternative Note | Merrill Lynch Alternative Note Asset Trust Series 2007-F1                       | CUSIP: 59023YAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1322314 | PA      | $414194.35    | 0.06%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MSILF Government Portfolio     | MSILF Government Portfolio                                                      | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   5924944 | NS      | $5924943.69   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2025-R1 Trust                                                               | CUSIP: 67123GAF2<br>LEI: 254900UIO03AL696QM79 | Long             | ABS-MBS          | CORP              | US        |   1350000 | PA      | $1345354.92   | 0.20%             | 2062-09-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Opteum Mortgage Acceptance Cor | Opteum Mortgage Acceptance Corp Trust 2006-2                                    | CUSIP: 68384CAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5948082 | PA      | $1941174.53   | 0.29%             | 2036-07-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| PR Mortgage Loan Trust         | PR Mortgage Loan Trust 2014-1                                                   | CUSIP: 69358KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    264155 | PA      | $250972.60    | 0.04%             | 2049-10-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2024-NQM4 Trust                                                            | CUSIP: 69381UAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1019950.80   | 0.15%             | 2069-12-26      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-NQM5 Trust                                                            | CUSIP: 69383FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1286257 | PA      | $1289755.23   | 0.20%             | 2070-10-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-NQM5 Trust                                                            | CUSIP: 69383FAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    989428 | PA      | $992038.18    | 0.15%             | 2070-10-25      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-NQM5 Trust                                                            | CUSIP: 69383FAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    989428 | PA      | $992037.38    | 0.15%             | 2070-10-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-5 LLC                                                                 | CUSIP: 69392RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1344666 | PA      | $1346755.13   | 0.20%             | 2030-07-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-6 LLC                                                                 | CUSIP: 69395KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10166167 | PA      | $10190161.48  | 1.54%             | 2028-08-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2020-1                                   | CUSIP: 92259LAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    706210 | PA      | $568165.85    | 0.09%             | 2050-02-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2021-1                                   | CUSIP: 92259TAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1293808 | PA      | $1021981.77   | 0.15%             | 2051-05-25      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2007-AR8                                          | CUSIP: 17313FAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    446392 | PA      | $390939.41    | 0.06%             | 2047-08-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2020-RP1                                          | CUSIP: 17328MAP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1040000 | PA      | $814020.06    | 0.12%             | 2064-08-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan  | CitiMortgage Alternative Loan Trust Series 2007-A6                              | CUSIP: 18976GAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1011960 | PA      | $932856.21    | 0.14%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mort | First Horizon Alternative Mortgage Securities Trust 2007-FA4                    | CUSIP: 32052WAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1786923 | PA      | $598552.43    | 0.09%             | 2037-08-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust        | GSR Mortgage Loan Trust 2007-2F                                                 | CUSIP: 362636AT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1528009 | PA      | $750893.71    | 0.11%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust | HarborView Mortgage Loan Trust 2006-BU1                                         | CUSIP: 41161PG56<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3057253 | PA      | $2838052.43   | 0.43%             | 2046-02-19      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Lehman Mortgage Trust          | Lehman Mortgage Trust 2007-1                                                    | CUSIP: 52521FAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    618395 | PA      | $628443.70    | 0.10%             | 2037-02-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lehman ABS Mortgage Loan Trust | Lehman ABS Mortgage Loan Trust 2007-1                                           | CUSIP: 52521MAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1208156 | PA      | $809226.82    | 0.12%             | 2037-06-25      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust | Long Beach Mortgage Loan Trust 2006-2                                           | CUSIP: 542514TU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6341921 | PA      | $2111661.81   | 0.32%             | 2046-03-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                     | MFA 2025-NQM3 Trust                                                             | CUSIP: 58004LAC1<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |   3378925 | PA      | $3399419.64   | 0.51%             | 2070-08-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan  | NRZT 2025-NQM6                                                                  | CUSIP: 64832KAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1900000 | PA      | $1912414.60   | 0.29%             | 2065-10-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Inve | Structured Asset Mortgage Investments II Trust 2006-AR6                         | CUSIP: 86360UAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2107613 | PA      | $1716703.57   | 0.26%             | 2046-07-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co | Structured Asset Securities Corp Mortgage Loan Trust Series 2007-RF1            | CUSIP: 86362CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10968927 | PA      | $9108872.04   | 1.38%             | 2037-03-25      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2019-1                                   | CUSIP: 92257CAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    614773 | PA      | $543679.58    | 0.08%             | 2049-03-25      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2025-1                                   | CUSIP: 922955AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8765417 | PA      | $8878707.89   | 1.34%             | 2055-02-25      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2024-9                                               | CUSIP: 92540RAC8<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-MBS          | CORP              | US        |   5858927 | PA      | $5903083.48   | 0.89%             | 2069-11-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2025-R1                                              | CUSIP: 92541AAC4<br>LEI: 213800UBQ9UM61L7TB84 | Long             | ABS-MBS          | CORP              | US        |    793121 | PA      | $800379.34    | 0.12%             | 2065-05-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2007-2 Trust  | CUSIP: 93936HAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1541453 | PA      | $1283681.91   | 0.19%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2007-4 Trust  | CUSIP: 93936NAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     89942 | PA      | $88024.80     | 0.01%             | 2037-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust       | Angel Oak Mortgage Trust 2025-12                                                | CUSIP: 03466KAE6<br>LEI: 254900ZULW8CAJ29C630 | Long             | ABS-MBS          | CORP              | US        |   2826225 | PA      | $2834647.37   | 0.43%             | 2070-12-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust          | Arroyo Mortgage Trust 2019-3                                                    | CUSIP: 04285AAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7539000 | PA      | $7106192.04   | 1.08%             | 2048-10-25      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust       | Bear Stearns ALT-A Trust 2005-10                                                | CUSIP: 07386HZG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1366328 | PA      | $1270520.06   | 0.19%             | 2036-01-25      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-46CB                                                | CUSIP: 12668ABD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    886351 | PA      | $609607.99    | 0.09%             | 2035-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-79CB                                                | CUSIP: 12668BAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2428794 | PA      | $181375.09    | 0.03%             | 2036-01-25      | Floating      | 1.10%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan  | CitiMortgage Alternative Loan Trust Series 2006-A2                              | CUSIP: 17309CAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2853547 | PA      | $2470415.05   | 0.37%             | 2036-05-25      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2007-QS1 Trust                                                      | CUSIP: 74922KAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3743347 | PA      | $318059.49    | 0.05%             | 2037-01-25      | Floating      | 1.60%                 | No            |                  2 | On Loan: No      |
| Renaissance Home Equity Loan T | Renaissance Home Equity Loan Trust 2006-2                                       | CUSIP: 759676AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15336140 | PA      | $5182520.49   | 0.78%             | 2036-08-25      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| Renaissance Home Equity Loan T | Renaissance Home Equity Loan Trust 2006-3                                       | CUSIP: 75971EAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9024934 | PA      | $2891201.54   | 0.44%             | 2036-11-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2005-QS13 Trust                                                     | CUSIP: 761118GX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    654619 | PA      | $522880.57    | 0.08%             | 2035-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust       | Bear Stearns ALT-A Trust 2006-3                                                 | CUSIP: 07386HK83<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5406095 | PA      | $3821555.01   | 0.58%             | 2036-05-25      | Variable      | 4.42%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust   | CSMC 2020-AFC1 Trust                                                            | CUSIP: 12597MAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3800000 | PA      | $3342932.96   | 0.51%             | 2050-02-25      | Variable      | 2.84%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certi | CWABS Asset-Backed Certificates Trust 2005-17                                   | CUSIP: 126670QU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8277789 | PA      | $6901757.93   | 1.04%             | 2036-05-25      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2007-15                                         | CUSIP: 17025TBE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4915066 | PA      | $2888424.77   | 0.44%             | 2037-09-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2007-HYB1                                       | CUSIP: 22239EAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2749549 | PA      | $2340174.11   | 0.35%             | 2037-03-25      | Variable      | 4.02%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust   | CSMC Series 2008-2R                                                             | CUSIP: 225492AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    290802 | PA      | $250723.02    | 0.04%             | 2037-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust   | CSMC Mortgage-Backed Trust 2006-7                                               | CUSIP: 22942KCC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3244594 | PA      | $1563126.16   | 0.24%             | 2036-08-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-J6                                                  | CUSIP: 23244EAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    882958 | PA      | $399887.98    | 0.06%             | 2036-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust        | GSR Mortgage Loan Trust 2007-1F                                                 | CUSIP: 3622MPBD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700587 | PA      | $401525.77    | 0.06%             | 2037-01-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust        | GSR Mortgage Loan Trust 2006-9F                                                 | CUSIP: 3622X7AM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1512040 | PA      | $461813.95    | 0.07%             | 2036-10-25      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities  | GS Mortgage-Backed Securities Trust 2025-NQM5                                   | CUSIP: 36273GAD0<br>LEI: 254900MQ3DUBXKU1DC81 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $999865.50    | 0.15%             | 2065-07-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust | Home Partners of America 2019-2 Trust                                           | CUSIP: 43732TAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7326807 | PA      | $7118283.59   | 1.08%             | 2039-10-19      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust Series 2025-NQM1                                       | CUSIP: 46593QAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9962901 | PA      | $10058062.75  | 1.52%             | 2065-06-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust 2006-A5                                                | CUSIP: 46629CAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    912460 | PA      | $700760.98    | 0.11%             | 2036-08-25      | Variable      | 4.82%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Alternative Loan T | JP Morgan Alternative Loan Trust Series 2008-R2                                 | CUSIP: 466306AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2164873 | PA      | $1129790.03   | 0.17%             | 2036-11-25      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust    | Legacy Mortgage Asset Trust 2019-RPL3                                           | CUSIP: 52474FBE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9577528 | PA      | $8579393.51   | 1.30%             | 2058-06-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Lehman ABS Mortgage Loan Trust | Lehman ABS Mortgage Loan Trust 2007-1                                           | CUSIP: 52521MAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4712089 | PA      | $3155081.48   | 0.48%             | 2037-06-25      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                | Lehman XS Trust 2006-17                                                         | CUSIP: 52523KBH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1292527 | PA      | $1222141.28   | 0.18%             | 2046-08-25      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities  | Mastr Asset Backed Securities Trust 2006-WMC3                                   | CUSIP: 55291KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14891571 | PA      | $5433127.23   | 0.82%             | 2036-08-25      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgage | MASTR Adjustable Rate Mortgages Trust 2005-6                                    | CUSIP: 576433C46<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4514415 | PA      | $1493442.66   | 0.23%             | 2035-07-25      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust  | MASTR Alternative Loan Trust 2004-10                                            | CUSIP: 576434WC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    762910 | PA      | $761894.98    | 0.12%             | 2034-09-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan  | New Residential Mortgage Loan Trust 2019-NQM4                                   | CUSIP: 64828EAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2300000 | PA      | $2065847.81   | 0.31%             | 2059-09-25      | Variable      | 3.74%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2025-NQM2 Trust                                                             | CUSIP: 67120VAA3<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-MBS          | CORP              | US        |   4791923 | PA      | $4838191.66   | 0.73%             | 2064-11-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust     | Progress Residential 2025-SFR4 Trust                                            | CUSIP: 74290JAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9941184.00   | 1.50%             | 2042-08-17      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust     | Progress Residential 2025-SFR5 Trust                                            | CUSIP: 74334RAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6695837.40   | 1.01%             | 2042-10-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mor | Structured Adjustable Rate Mortgage Loan Trust Series 2008-1                    | CUSIP: 86358DAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    611608 | PA      | $491577.96    | 0.07%             | 2037-10-25      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Inve | Structured Asset Mortgage Investments II Trust 2006-AR6                         | CUSIP: 86360UAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2069399 | PA      | $1822834.26   | 0.28%             | 2046-07-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| Tricon Residential             | Tricon Residential 2025-SFR2 Trust                                              | CUSIP: 89617FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15576543 | PA      | $15734570.32  | 2.38%             | 2044-08-17      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2019-2                                   | CUSIP: 92257NAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    259868 | PA      | $215917.54    | 0.03%             | 2049-07-25      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2021-1                                   | CUSIP: 92259TAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3028976 | PA      | $2353073.10   | 0.36%             | 2051-05-25      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2025-10                                              | CUSIP: 92541FAE9<br>LEI: 213800OGLOX4BB4D6N90 | Long             | ABS-MBS          | CORP              | US        |    937139 | PA      | $940878.50    | 0.14%             | 2070-06-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer | WaMu Mortgage Pass-Through Certificates Series 2007-HY7 Trust                   | CUSIP: 93364FAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5831365 | PA      | $5354657.08   | 0.81%             | 2037-07-25      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Se | Wells Fargo Mortgage Backed Securities 2007-7 Trust                             | CUSIP: 94985JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1559468 | PA      | $1460914.88   | 0.22%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GSAMP Trust                    | GSAMP Trust 2007-NC1                                                            | CUSIP: 3622MGAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7072732 | PA      | $3782828.03   | 0.57%             | 2046-12-25      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust 2005-S3                                                | CUSIP: 466247ZN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    349608 | PA      | $180151.85    | 0.03%             | 2036-01-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                     | MFA 2021-NQM2 Trust                                                             | CUSIP: 55283WAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4600000 | PA      | $3630557.82   | 0.55%             | 2064-11-25      | Variable      | 2.37%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                     | MFA 2023-NQM3 Trust                                                             | CUSIP: 55286MAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1010199.00   | 0.15%             | 2068-07-25      | Variable      | 7.45%                 | No            |                  2 | On Loan: No      |
| NMLT Trust                     | NLT 2021-INV2 Trust                                                             | CUSIP: 62917JAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $3455124.75   | 0.52%             | 2056-08-25      | Variable      | 3.32%                 | No            |                  2 | On Loan: No      |
| Nomura Asset Acceptance Corpor | Nomura Asset Acceptance Corp Alternative Loan Trust Series 2006-AP1             | CUSIP: 65535VSJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3009726 | PA      | $846813.74    | 0.13%             | 2036-01-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust         | Sequoia Mortgage Trust 2013-9                                                   | CUSIP: 81745DAN1<br>LEI: 54930005PH54PMVV8351 | Long             | ABS-MBS          | CORP              | US        |    154886 | PA      | $111086.15    | 0.02%             | 2043-07-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential  | Starwood Mortgage Residential Trust 2020-3                                      | CUSIP: 85573MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    475517 | PA      | $466267.45    | 0.07%             | 2065-04-25      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2021-2                                   | CUSIP: 92259MAP1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2909714 | PA      | $2264728.74   | 0.34%             | 2051-08-25      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2025-5                                   | CUSIP: 92262KAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8200000 | PA      | $8233764.32   | 1.25%             | 2055-12-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2021-R2                                              | CUSIP: 92538DAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2073000 | PA      | $1702163.10   | 0.26%             | 2064-02-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Se | Wells Fargo Mortgage Backed Securities 2006-AR4 Trust                           | CUSIP: 94983PAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    258381 | PA      | $256025.79    | 0.04%             | 2036-04-25      | Variable      | 6.06%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2007-8                                          | CUSIP: 12545AAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    312091 | PA      | $118494.24    | 0.02%             | 2038-01-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2006-10                                         | CUSIP: 1266942H0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     79687 | PA      | $29411.20     | 0.00%             | 2036-05-25      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC  | Deutsche Alt-B Securities Mortgage Loan Trust Series 2006-AB4                   | CUSIP: 251513AQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    159002 | PA      | $139467.32    | 0.02%             | 2036-10-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mort | First Horizon Alternative Mortgage Securities Trust 2005-FA8                    | CUSIP: 32051GYH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    484685 | PA      | $212052.04    | 0.03%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2025-NQM6 Trust                                                             | CUSIP: 67448UAA0<br>LEI: 254900W46UQEWQMYYZ02 | Long             | ABS-MBS          | CORP              | US        |   4143565 | PA      | $4186688.24   | 0.63%             | 2065-03-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC       | OBX 2025-NQM8 Trust                                                             | CUSIP: 67449AAA3<br>LEI: 2549006UJL1L84XG2C80 | Long             | ABS-MBS          | CORP              | US        |   9014862 | PA      | $9097310.31   | 1.38%             | 2065-03-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust       | Angel Oak Mortgage Trust 2021-5                                                 | CUSIP: 03465HAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $3475975.95   | 0.53%             | 2066-07-25      | Variable      | 2.39%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                     | AMSR 2025-SFR1 Trust                                                            | CUSIP: 00182MAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2392398.00   | 0.36%             | 2042-06-17      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Banc of America Alternative Lo | Banc of America Alternative Loan Trust 2007-1                                   | CUSIP: 059496BD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3307571 | PA      | $2872732.04   | 0.43%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus | BRAVO Residential Funding Trust 2024-NQM7                                       | CUSIP: 105698AF1<br>LEI: 254900T3YTF92WA96N66 | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $914164.20    | 0.14%             | 2064-10-27      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-55CW                                                | CUSIP: 12668AMY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3010365 | PA      | $1627377.73   | 0.25%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2009-10                                           | CUSIP: 17316AAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3461899 | PA      | $2474125.43   | 0.37%             | 2035-12-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2020-RP1                                          | CUSIP: 17328MAT7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    738000 | PA      | $553422.58    | 0.08%             | 2064-08-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-J4                                                  | CUSIP: 23242WAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2527235 | PA      | $1405459.72   | 0.21%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-J4                                                  | CUSIP: 23242WAV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    917727 | PA      | $510371.27    | 0.08%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR            | Freddie Mac Stacr Remic Trust 2025-Hqa1                                         | CUSIP: 35564NHA4<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | CORP              | US        |   6250000 | PA      | $6268907.50   | 0.95%             | 2045-02-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Fremont Home Loan Trust        | Fremont Home Loan Trust 2006-D                                                  | CUSIP: 35729VAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9201247 | PA      | $3231729.05   | 0.49%             | 2036-11-25      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| HSI Asset Loan Obligation      | HSI Asset Loan Obligation Trust 2007-1                                          | CUSIP: 40431TAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1713854 | PA      | $709026.51    | 0.11%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust | HarborView Mortgage Loan Trust 2007-7                                           | CUSIP: 411640AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4170102 | PA      | $3419292.56   | 0.52%             | 2037-10-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust | Home Partners of America 2019-2 Trust                                           | CUSIP: 43732TAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3657908 | PA      | $3562185.68   | 0.54%             | 2039-10-19      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust 2007-S1                                                | CUSIP: 46630RAM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1866023 | PA      | $646448.69    | 0.10%             | 2037-03-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor | JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT                   | CUSIP: 46645WAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $138253.50    | 0.02%             | 2033-07-05      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan T | Morgan Stanley Mortgage Loan Trust 2005-10                                      | CUSIP: 61748HSH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3282294 | PA      | $1791459.46   | 0.27%             | 2035-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2007-QS5 Trust                                                      | CUSIP: 74923JAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    272681 | PA      | $226536.58    | 0.03%             | 2037-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RBSGC Mortgage Pass Through Ce | RBSGC Mortgage Loan Trust 2007-A                                                | CUSIP: 74927WAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    392153 | PA      | $361793.45    | 0.05%             | 2037-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Inve | Structured Asset Mortgage Investments II Trust 2006-AR7                         | CUSIP: 86361HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3587081 | PA      | $3020872.77   | 0.46%             | 2036-08-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust 2019-2                                   | CUSIP: 92257NAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    941950 | PA      | $717086.50    | 0.11%             | 2049-07-25      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Tra | VOLT CVI LLC                                                                    | CUSIP: 92873KAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3283200 | PA      | $3289718.86   | 0.50%             | 2051-12-26      | Variable      | 6.73%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer | WaMu Mortgage Pass-Through Certificates Series 2006-AR18 Trust                  | CUSIP: 933637AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7346165 | PA      | $6389152.48   | 0.97%             | 2037-01-25      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                     | AMSR 2024-SFR1 Trust                                                            | CUSIP: 00179CAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3222000 | PA      | $3175629.62   | 0.48%             | 2041-07-17      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                     | AMSR 2025-SFR2 Trust                                                            | CUSIP: 00180BAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9673462.00   | 1.46%             | 2042-11-17      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2006-14CB                                                | CUSIP: 021468AH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1060760 | PA      | $559849.79    | 0.08%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Asset Backed Securities Corp H | Asset Backed Securities Corp Home Equity Loan Trust Series 2003-HE1             | CUSIP: 04541GDM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3597244 | PA      | $3351395.19   | 0.51%             | 2033-01-15      | Floating      | 9.11%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Secu | Bear Stearns Asset Backed Securities I Trust 2006-IM1                           | CUSIP: 07387UFD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    524856 | PA      | $570765.83    | 0.09%             | 2036-04-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Secu | Bear Stearns Asset Backed Securities I Trust 2006-AQ1                           | CUSIP: 07389PAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2942726 | PA      | $2900966.04   | 0.44%             | 2036-10-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| CIM Trust                      | CIM Trust 2023-R4                                                               | CUSIP: 12569UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8443954 | PA      | $8444827.36   | 1.28%             | 2062-05-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-2 LLC                                                                 | CUSIP: 69382HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6314226 | PA      | $6330743.16   | 0.96%             | 2030-05-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-4 LLC                                                                 | CUSIP: 69382KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9250189 | PA      | $9274672.18   | 1.40%             | 2030-06-25      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-NQM5 Trust                                                            | CUSIP: 69383FAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002609.60   | 0.15%             | 2070-10-25      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgag | PRPM 2025-3                                                                     | CUSIP: 74449DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8100133 | PA      | $8121524.59   | 1.23%             | 2030-05-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2006-QS3 Trust                                                      | CUSIP: 761118XS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1568191 | PA      | $1426279.03   | 0.22%             | 2036-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-5 Trust  | CUSIP: 93934NAV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2206768 | PA      | $1585397.77   | 0.24%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2007-2CB                                                 | CUSIP: 02149HAZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3972787 | PA      | $1871361.51   | 0.28%             | 2037-03-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-73CB                                                | CUSIP: 12668AT88<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    126922 | PA      | $125718.74    | 0.02%             | 2036-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan  | CitiMortgage Alternative Loan Trust Series 2006-A2                              | CUSIP: 17309CAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3142440 | PA      | $238600.43    | 0.04%             | 2036-05-25      | Floating      | 1.55%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2020-RP1                                          | CUSIP: 17328MBH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1923929 | PA      | $1582966.41   | 0.24%             | 2064-08-25      | Variable      | 6.46%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2021-JL1                                          | CUSIP: 17329CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    892382 | PA      | $872235.70    | 0.13%             | 2062-02-27      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan  | CitiMortgage Alternative Loan Trust Series 2007-A6                              | CUSIP: 18976GAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1484934 | PA      | $1368826.49   | 0.21%             | 2037-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2007-QS11 Trust                                                     | CUSIP: 74925GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    498545 | PA      | $400663.30    | 0.06%             | 2037-10-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2006-QS12 Trust                                                     | CUSIP: 751151AR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1316276 | PA      | $955556.18    | 0.14%             | 2036-09-25      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitizati | Residential Asset Securitization Trust 2006-A8                                  | CUSIP: 761119AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    933628 | PA      | $637697.97    | 0.10%             | 2036-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co | Structured Asset Securities Corp Mortgage Loan Trust 2007-BC4                   | CUSIP: 86365DAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $3730699.35   | 0.56%             | 2037-11-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-10 Trust | CUSIP: 93934FGG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    753505 | PA      | $724942.36    | 0.11%             | 2035-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Waterfall Commercial Mortgage  | Waterfall Commercial Mortgage Trust 2015-SBC5                                   | CUSIP: 94132LAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     61968 | PA      | $61395.40     | 0.01%             | 2022-09-14      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| BCAP LLC Trust                 | BCAP LLC 2013-RR2 Trust                                                         | CUSIP: 05542GBN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2986194 | PA      | $2349918.84   | 0.36%             | 2037-06-26      | Variable      | 3.91%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Secu | Bear Stearns Asset Backed Securities I Trust 2006-AC5                           | CUSIP: 073856AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    327501 | PA      | $368612.97    | 0.06%             | 2036-12-25      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate M | Bear Stearns ARM Trust 2006-2                                                   | CUSIP: 07388DAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1709385 | PA      | $1473179.46   | 0.22%             | 2036-07-25      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certi | CWABS Asset-Backed Certificates Trust 2006-25                                   | CUSIP: 12667TAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9304037 | PA      | $8405784.94   | 1.27%             | 2047-06-25      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T | Alternative Loan Trust 2005-79CB                                                | CUSIP: 12668BAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2428795 | PA      | $1143433.47   | 0.17%             | 2036-01-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora | Chase Mortgage Finance Trust Series 2006-S2                                     | CUSIP: 16163BAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1557678 | PA      | $560973.54    | 0.08%             | 2036-10-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2007-21                                         | CUSIP: 17025WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4766028 | PA      | $2052468.71   | 0.31%             | 2038-02-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Citimortgage Alternative Loan  | CitiMortgage Alternative Loan Trust Series 2006-A1                              | CUSIP: 17309AAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700897 | PA      | $667573.43    | 0.10%             | 2036-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust 2019-A                                            | CUSIP: 17327JBY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7064748 | PA      | $5899714.72   | 0.89%             | 2058-10-25      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mor | CSFB Mortgage-Backed Pass-Through Certificates Series 2005-9                    | CUSIP: 225470AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    804603 | PA      | $218553.03    | 0.03%             | 2035-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mor | Credit Suisse First Boston Mortgage Securities Corp                             | CUSIP: 225470RW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    841459 | PA      | $734829.13    | 0.11%             | 2036-01-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partne | Pret 2025-NPL7 LLC                                                              | CUSIP: 740934AA2<br>LEI: 2549001J36X6SUZ41Q96 | Long             | ABS-MBS          | CORP              | US        |   5747070 | PA      | $5766287.10   | 0.87%             | 2055-07-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partne | PRET 2024-NPL9 LLC                                                              | CUSIP: 74143TAA7<br>LEI: 25490072TKR6YZ7BOH19 | Long             | ABS-MBS          | CORP              | US        |   5778934 | PA      | $5786494.72   | 0.88%             | 2054-12-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust     | Progress Residential 2025-SFR4 Trust                                            | CUSIP: 74290JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9893182.00   | 1.50%             | 2042-08-17      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust     | Progress Residential 2025-SFR4 Trust                                            | CUSIP: 74290JAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12650000 | PA      | $12641718.05  | 1.91%             | 2042-08-17      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2006-QS12 Trust                                                     | CUSIP: 751151AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    317833 | PA      | $124744.17    | 0.02%             | 2036-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2005-QS12 Trust                                                     | CUSIP: 761118DQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    920902 | PA      | $812047.08    | 0.12%             | 2035-08-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans         | CHL Mortgage Pass-Through Trust 2007-4                                          | CUSIP: 12544RAK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    438225 | PA      | $176150.92    | 0.03%             | 2037-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS               | Connecticut Avenue Securities Trust 2024-R04                                    | CUSIP: 20753GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14705766 | PA      | $14722166.30  | 2.23%             | 2044-05-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC  | Deutsche Alt-A Securities Inc Mortgage Loan Trust Series 2005-6                 | CUSIP: 251510KF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    746329 | PA      | $638719.39    | 0.10%             | 2035-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage T | EFMT 2025-NQM5                                                                  | CUSIP: 28225KAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002384.60   | 0.15%             | 2070-11-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| FMC GMSR Issuer Trust          | FMC GMSR Issuer Trust                                                           | CUSIP: 30259RAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9667372.00   | 1.46%             | 2026-07-25      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| First Horizon Mortgage Pass-Th | First Horizon Mortgage Pass-Through Trust 2006-1                                | CUSIP: 32051GZ99<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120946 | PA      | $46197.75     | 0.01%             | 2036-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IndyMac IMSC Mortgage Loan Tru | IndyMac IMSC Mortgage Loan Trust 2007-AR1                                       | CUSIP: 456672AQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3379866 | PA      | $3129045.22   | 0.47%             | 2037-06-25      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2007-QS1 Trust                                                      | CUSIP: 74922KAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3939965 | PA      | $2940669.51   | 0.45%             | 2037-01-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In | RALI Series 2006-QS18 Trust                                                     | CUSIP: 74922RAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1394731 | PA      | $1327706.98   | 0.20%             | 2036-12-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Santander Mortgage Asset Recei | Santander Mortgage Asset Receivable Trust 2025-NQM5                             | CUSIP: 80262CAF5<br>LEI: 254900FHBJ2YHHBOAU80 | Long             | ABS-MBS          | CORP              | US        |   4097650 | PA      | $4123148.86   | 0.62%             | 2065-08-25      | Variable      | 6.04%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei | Securitized Asset Backed Receivables LLC Trust 2006-NC1                         | CUSIP: 81375HAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7411691 | PA      | $6932292.59   | 1.05%             | 2036-03-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** DoubleLine Funds Trust

**Signature:** /s/ Ana Alcantara

**Name of Signer:** DoubleLine Funds Trust

**Title:** Vice President