# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0002071691-25-001614
**Filing Date:** 2025-9
**Character Count:** 250014
**Document Hash:** 8bff36acb66a58bbd7bd8c3b0f8e9aad
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-001614.hdr.sgml**: 20250923

**ACCESSION NUMBER**: 0002071691-25-001614

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250923

**DATE AS OF CHANGE**: 20250923

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001005942

**ORGANIZATION NAME:**
- **EIN:** 043299786
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07513
- **FILM NUMBER:** 251333203

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6177601000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

## Series and Classes Contracts Data

### Putnam Ultra Short Duration Income Fund (Series ID: S000034192)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000105375 | Class A        |  |
| C000105377 | Class C        |  |
| C000105379 | Class R        |  |
| C000105380 | Class Y        |  |
| C000118012 | Class R6       |  |
| C000207666 | Class N Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-07513

- **c. CIK number of Registrant:** 0001005942

- **d. LEI of Registrant:** 549300S9JYWEMKQCLW53

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

  - **Street Address 1:** 100 Federal Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-292-1000

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

- **a. Name of Series:** Putnam Ultra Short Duration Income Fund

- **b. EDGAR series identifier (if any):** S000034192

- **c. LEI of Series:** 549300AUL3M7GYSCX444

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $10954781629.52

**Total Liabilities:** $55401767.09

**Net Assets:** $10899379862.43

**Cash Not Reported:** $445449.90

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 103267.38000000 | **1-Year:** 739494.32000000 | **5-Year:** 384823.50000000 | **10-Year:** 76.92000000 | **30-Year:** 1.99000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000105379 | 0.37%                | 0.44%                | 0.36%                |
| Class ID C000118012 | 0.42%                | 0.48%                | 0.40%                |
| Class ID C000207666 | 0.40%                | 0.46%                | 0.38%                |
| Class ID C000105377 | 0.37%                | 0.44%                | 0.36%                |
| Class ID C000105380 | 0.42%                | 0.48%                | 0.40%                |
| Class ID C000105375 | 0.41%                | 0.47%                | 0.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $626369.41               | $364193.13                                 |
| Month 2  | $406485.33               | $13475665.42                               |
| Month 3  | $257132.06               | $-2579132.62                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Royal Caribbean Cruises Ltd.                              | Royal Caribbean Cruises Ltd.                                                     | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |  20568000 | PA      | $20649552.12  | 0.19%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                           | Sumitomo Mitsui Trust Bank Ltd.                                                  | CUSIP: 86563VBK4<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   9670000 | PA      | $9791469.12   | 0.09%             | 2026-09-14      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SG Residential Mortgage Trust                             | SG Residential Mortgage Trust, Series 2022-1, Class A1                           | CUSIP: 78433QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2337449 | PA      | $2166315.80   | 0.02%             | 2062-03-27      | Variable      | 3.17%                 | No            |                  2 | On Loan: No      |
| FNMA                                                      | FNMA, Series 2006-74, Class FL                                                   | CUSIP: 31396KMG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51786 | PA      | $51242.84     | 0.00%             | 2036-08-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                      | Boston Properties LP                                                             | CUSIP: 10112RAX2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |  46796000 | PA      | $46550768.84  | 0.43%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                               | Phillips 66                                                                      | CUSIP: 71855AW26<br>LEI: 5493005JBO5YSIGK1814 | Long             | STIV             | CORP              | US        |  29866000 | PA      | $29740025.21  | 0.27%             | 2025-09-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                        | General Motors Financial Co., Inc.                                               | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   9301000 | PA      | $9056949.48   | 0.08%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                       | GS Mortgage-Backed Securities Trust, Series 2020-NQM1, Class A1                  | CUSIP: 36259WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    859287 | PA      | $809209.03    | 0.01%             | 2060-09-27      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| Met Tower Global Funding                                  | Met Tower Global Funding                                                         | CUSIP: 58989V2J2<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |   9469000 | PA      | $9394645.72   | 0.09%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                        | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607L8D8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  32980000 | PA      | $33238377.52  | 0.30%             | 2027-06-28      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                   | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  24088000 | PA      | $24161695.07  | 0.22%             | 2027-09-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                           | BRAVO Residential Funding Trust, Series 2020-NQM1, Class A1                      | CUSIP: 105699AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1492962 | PA      | $1454876.81   | 0.01%             | 2060-05-25      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                        | Banco Santander SA                                                               | CUSIP: 05964HBA2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  19200000 | PA      | $19481058.24  | 0.18%             | 2028-03-14      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                     | Westpac Banking Corp.                                                            | CUSIP: 961214FM0<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |  38333000 | PA      | $38392985.78  | 0.35%             | 2025-11-17      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank (The)                            | Huntington National Bank (The)                                                   | CUSIP: 44644MAL5<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |  45485000 | PA      | $45490180.29  | 0.42%             | 2028-04-12      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Walmart, Inc.                                             | Walmart, Inc.                                                                    | CUSIP: 931142FM0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |  31670000 | PA      | $31807017.40  | 0.29%             | 2027-04-28      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                       | Volkswagen Auto Loan Enhanced Trust, Series 2023-2, Class A2A                    | CUSIP: 92867YAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1950707 | PA      | $1953989.69   | 0.02%             | 2027-03-22      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                            | Hyundai Auto Receivables Trust, Series 2025-B, Class A2B                         | CUSIP: 44935XAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12500000 | PA      | $12512703.75  | 0.11%             | 2028-08-15      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                              | American Honda Finance Corp.                                                     | CUSIP: 02665WFS5<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  23250000 | PA      | $23219447.41  | 0.21%             | 2027-10-22      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp.                                           | Starbucks Corp.                                                                  | CUSIP: 855244BE8<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |  20161000 | PA      | $20163710.65  | 0.18%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                           | Danske Bank A/S                                                                  | CUSIP: 23636ABG5<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |  21256000 | PA      | $21554056.31  | 0.20%             | 2028-03-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                      | Mitsubishi UFJ Financial Group, Inc.                                             | CUSIP: 606822CL6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   9590000 | PA      | $9682990.97   | 0.09%             | 2028-07-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group, Inc.                                  | UnitedHealth Group, Inc.                                                         | CUSIP: 91324PFE7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |  18789000 | PA      | $18834549.61  | 0.17%             | 2026-07-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                     | FHLMC, Series 3611                                                               | CUSIP: 31398LSE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12334 | PA      | $10892.34     | 0.00%             | 2034-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                  | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   4260000 | PA      | $4274507.98   | 0.04%             | 2027-05-28      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                          | Bank of Montreal                                                                 | CUSIP: 06368MJH8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  27290000 | PA      | $27333469.97  | 0.25%             | 2029-01-27      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization Trust                        | Station Place Securitization Trust, Series 2024-5, Class A                       | CUSIP: 85778YAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  35640000 | PA      | $35656964.64  | 0.33%             | 2025-08-04      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                               | ONEOK, Inc.                                                                      | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |  23903000 | PA      | $24160473.32  | 0.22%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                       | Volkswagen Auto Loan Enhanced Trust, Series 2025-1, Class A2B                    | CUSIP: 92868MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13962000 | PA      | $13973203.11  | 0.13%             | 2028-01-20      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Metropolitan Life Global Funding I                        | Metropolitan Life Global Funding I                                               | CUSIP: 592179KD6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |  32401000 | PA      | $32462685.02  | 0.30%             | 2026-01-06      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                                              | CUSIP: 83368RAK8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   9625000 | PA      | $9539584.77   | 0.09%             | 2027-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| First Franklin Mortgage Loan Trust                        | First Franklin Mortgage Loan Trust, Series 2006-FF7, Class 1A                    | CUSIP: 320277AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    954188 | PA      | $949836.63    | 0.01%             | 2036-05-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Principal Life Global Funding II                          | Principal Life Global Funding II                                                 | CUSIP: 74256LFA2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   9381000 | PA      | $9402673.86   | 0.09%             | 2027-08-19      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                    | Goldman Sachs Bank USA                                                           | CUSIP: 38151LAE0<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |  13087000 | PA      | $13116429.26  | 0.12%             | 2027-03-18      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                                 | OBX Trust, Series 2020-EXP2, Class A8                                            | CUSIP: 67448VAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    843116 | PA      | $735730.11    | 0.01%             | 2060-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                                 | OBX Trust, Series 2020-EXP2, Class A3                                            | CUSIP: 67448VAM2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8867562 | PA      | $7473948.33   | 0.07%             | 2060-05-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co.                                                             | CUSIP: 46647PET9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  38641000 | PA      | $38720005.00  | 0.36%             | 2029-01-24      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                               | Truist Bank                                                                      | CUSIP: 89788JAF6<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  18144000 | PA      | $18120697.84  | 0.17%             | 2028-07-24      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                              | Oracle Corp.                                                                     | CUSIP: 6840C2VU6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | STIV             | CORP              | US        |  25625000 | PA      | $25534459.19  | 0.23%             | 2025-08-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                       | New Residential Mortgage Loan Trust, Series 2018-4A, Class A1S                   | CUSIP: 64828FCQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2206809 | PA      | $2165092.78   | 0.02%             | 2048-01-25      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corp.                                        | Devon Energy Corp.                                                               | CUSIP: 25179MAV5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |  46135000 | PA      | $46205464.29  | 0.42%             | 2025-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley                                                                   | CUSIP: 61747YEZ4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  23669000 | PA      | $23714074.06  | 0.22%             | 2027-01-28      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                   | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JBE6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  22730000 | PA      | $22924593.12  | 0.21%             | 2028-03-31      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                       | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBU0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |  10589000 | PA      | $10655210.48  | 0.10%             | 2025-11-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Bayer Corp.                                               | Bayer Corp.                                                                      | CUSIP: 07273MGL4<br>LEI: 54930050NR9YMICYZM28 | Long             | STIV             | CORP              | US        |  53930000 | PA      | $51545830.20  | 0.47%             | 2026-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                           | Sumitomo Mitsui Trust Bank Ltd.                                                  | CUSIP: 86563VBP3<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   9625000 | PA      | $9744342.11   | 0.09%             | 2027-03-07      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley                                                                   | CUSIP: 61747YFW0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  36625000 | PA      | $37161220.40  | 0.34%             | 2029-04-12      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                  | Cooperatieve Rabobank UA                                                         | CUSIP: 21688ABK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  18165000 | PA      | $18465898.87  | 0.17%             | 2028-01-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                   | Hyundai Capital America                                                          | CUSIP: 44891ADE4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  37824000 | PA      | $37908493.52  | 0.35%             | 2027-06-24      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                       | Toyota Auto Receivables Owner Trust, Series 2023-B, Class A3                     | CUSIP: 891941AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8784571 | PA      | $8799945.35   | 0.08%             | 2028-02-15      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Imperial Fund Mortgage Trust                              | Imperial Fund Mortgage Trust, Series 2022-NQM2, Class A1                         | CUSIP: 45276PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6528038 | PA      | $6220463.97   | 0.06%             | 2067-03-25      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                         | Wells Fargo & Co.                                                                | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  40635000 | PA      | $41226498.50  | 0.38%             | 2029-04-23      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Bank of Ireland Group plc                                 | Bank of Ireland Group plc                                                        | CUSIP: 06279JAC3<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |  32362000 | PA      | $32420641.56  | 0.30%             | 2026-09-16      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust        | GM Financial Consumer Automobile Receivables Trust, Series 2024-1, Class A3      | CUSIP: 36268GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10848000 | PA      | $10894459.81  | 0.10%             | 2028-12-18      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                               | Nationwide Building Society                                                      | CUSIP: 63861VAG2<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   9505000 | PA      | $9583973.81   | 0.09%             | 2028-02-16      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                        | BMW US Capital LLC                                                               | CUSIP: 05565ECT0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  36601000 | PA      | $36696751.88  | 0.34%             | 2027-08-13      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                           | Air Lease Corp.                                                                  | CUSIP: 00913WVL6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | STIV             | CORP              | US        |  34885000 | PA      | $34792104.73  | 0.32%             | 2025-08-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                           | Citigroup, Inc.                                                                  | CUSIP: 17327CAX1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  36740000 | PA      | $36822698.80  | 0.34%             | 2029-03-04      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                       | Starwood Mortgage Residential Trust, Series 2021-4, Class A1                     | CUSIP: 85573PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6400686 | PA      | $5582249.88   | 0.05%             | 2056-08-25      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                               | ONEOK, Inc.                                                                      | CUSIP: 68269EV58<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | STIV             | CORP              | US        |  17080000 | PA      | $17068928.74  | 0.16%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                            | Carvana Auto Receivables Trust, Series 2022-P2, Class A3                         | CUSIP: 14686JAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    660653 | PA      | $660413.24    | 0.01%             | 2027-04-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                        | Ellington Financial Mortgage Trust, Series 2019-2, Class A1                      | CUSIP: 31573TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1450892 | PA      | $1374259.41   | 0.01%             | 2059-11-25      | Variable      | 2.74%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Corp. Mortgage Loan Trust     | Structured Asset Securities Corp. Mortgage Loan Trust, Series 2005-NC2, Class M5 | CUSIP: 86359DCR6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435859 | PA      | $472633.50    | 0.00%             | 2035-05-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Swedbank AB                                               | Swedbank AB                                                                      | CUSIP: 87020PAT4<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   7285000 | PA      | $7407143.08   | 0.07%             | 2027-09-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Carrington Mortgage Loan Trust                            | Carrington Mortgage Loan Trust, Series 2007-HE1, Class A3                        | CUSIP: 14454EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1094352 | PA      | $1083132.17   | 0.01%             | 2037-06-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc.                                                | CUSIP: 02557TAD1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  17646000 | PA      | $17648957.82  | 0.16%             | 2025-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Chevron USA, Inc.                                         | Chevron USA, Inc.                                                                | CUSIP: 166756BC9<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |  18155000 | PA      | $18257158.91  | 0.17%             | 2028-02-26      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                       | Realty Income Corp.                                                              | CUSIP: 756109BQ6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |   9393000 | PA      | $9389160.61   | 0.09%             | 2026-01-13      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KDG2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   6350000 | PA      | $6418639.50   | 0.06%             | 2028-02-04      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                              | Barclays plc                                                                     | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   4055000 | PA      | $4135472.61   | 0.04%             | 2027-09-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                        | Ellington Financial Mortgage Trust, Series 2020-2, Class A1                      | CUSIP: 31573WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    826020 | PA      | $773289.20    | 0.01%             | 2065-10-25      | Variable      | 1.18%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RCD7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  22475000 | PA      | $22586134.38  | 0.21%             | 2028-06-09      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                                              | CUSIP: 83368RBZ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  40010000 | PA      | $40330263.25  | 0.37%             | 2027-02-19      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RASC Trust                                                | RASC Trust, Series 2005-KS1, Class M2                                            | CUSIP: 76110WM45<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475537 | PA      | $471618.01    | 0.00%             | 2035-02-25      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                       | Macquarie Bank Ltd.                                                              | CUSIP: 55608PBQ6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |  14358000 | PA      | $14574760.72  | 0.13%             | 2026-12-07      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                        | BMW US Capital LLC                                                               | CUSIP: 05565ECX1<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  36265000 | PA      | $36378952.97  | 0.33%             | 2028-03-21      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                               | Penske Truck Leasing Co. LP                                                      | CUSIP: 70962AVK9<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |  14749000 | PA      | $14712441.65  | 0.13%             | 2025-08-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                            | Protective Life Global Funding                                                   | CUSIP: 743672AE7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  28438000 | PA      | $28490633.90  | 0.26%             | 2026-04-10      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                     | FHLMC, Series 3316, Class CD                                                     | CUSIP: 31397HJC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16402 | PA      | $16850.90     | 0.00%             | 2037-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UDR, Inc.                                                 | UDR, Inc.                                                                        | CUSIP: 90352PVM8<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | STIV             | CORP              | US        |  41790000 | PA      | $41678399.81  | 0.38%             | 2025-08-21      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                            | Hyundai Auto Receivables Trust, Series 2024-A, Class A2B                         | CUSIP: 448973AC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1530001 | PA      | $1530629.63   | 0.01%             | 2027-04-15      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                              | Pacific Gas and Electric Co.                                                     | CUSIP: 694308KS5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |  18720000 | PA      | $18723842.28  | 0.17%             | 2025-09-04      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA                                                                          | CUSIP: 05583JAN2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  37357000 | PA      | $37561585.24  | 0.34%             | 2027-01-18      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                           | Sumitomo Mitsui Trust Bank Ltd.                                                  | CUSIP: 86563VBW8<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |  20215000 | PA      | $20425742.18  | 0.19%             | 2027-09-10      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| AES Corp. (The)                                           | AES Corp. (The)                                                                  | CUSIP: 00809GV12<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | STIV             | CORP              | US        |  69816000 | PA      | $69806763.34  | 0.64%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                              | American Honda Finance Corp.                                                     | CUSIP: 02665WFW6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  36305000 | PA      | $36380308.55  | 0.33%             | 2028-03-03      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                         | NatWest Group plc                                                                | CUSIP: 639057AU2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  13505000 | PA      | $13546158.65  | 0.12%             | 2029-05-23      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                            | DTE Energy Co.                                                                   | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   5610000 | PA      | $5662296.81   | 0.05%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                             | State Street Bank & Trust Co.                                                    | CUSIP: 857449AD4<br>LEI: 571474TGEMMWANRLN572 | Long             | DBT              | CORP              | US        |  13804000 | PA      | $13815693.64  | 0.13%             | 2026-11-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp.                                        | Hyatt Hotels Corp.                                                               | CUSIP: 448579AQ5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |  21626000 | PA      | $21988997.38  | 0.20%             | 2027-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                         | NatWest Group plc                                                                | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   2693000 | PA      | $2711014.34   | 0.02%             | 2027-03-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                             | Netflix, Inc.                                                                    | CUSIP: 64110LAN6<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   5155000 | PA      | $5169181.66   | 0.05%             | 2026-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                           | Danske Bank A/S                                                                  | CUSIP: 23636ABE0<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   1950000 | PA      | $1953496.84   | 0.02%             | 2026-09-22      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Nationstar Home Equity Loan Trust                         | Nationstar Home Equity Loan Trust, Series 2007-B, Class 2AV4                     | CUSIP: 63860LAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2209250 | PA      | $2189646.20   | 0.02%             | 2037-04-25      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                  | Electricite de France SA                                                         | CUSIP: 268317AS3<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | NUSS              | FR        |   8885000 | PA      | $8861504.24   | 0.08%             | 2025-10-13      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                       | Intesa Sanpaolo SpA                                                              | CUSIP: 46115K4V9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | STIV             | CORP              | IT        |  22580000 | PA      | $22592730.60  | 0.21%             | 2025-10-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                            | Long Beach Mortgage Loan Trust, Series 2005-2, Class M5                          | CUSIP: 542514KV5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    281744 | PA      | $280473.01    | 0.00%             | 2035-04-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                    | Truist Financial Corp.                                                           | CUSIP: 89788MAJ1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  34715000 | PA      | $34807347.80  | 0.32%             | 2026-10-28      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                 | Bank of Nova Scotia (The)                                                        | CUSIP: 064159HB5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  18970000 | PA      | $18954997.77  | 0.17%             | 2025-12-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                 | Towd Point Mortgage Trust, Series 2018-1, Class A1                               | CUSIP: 89176EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1070657 | PA      | $1058169.04   | 0.01%             | 2058-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                      | Royal Bank of Canada                                                             | CUSIP: 78017FZR7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   3390000 | PA      | $3400870.00   | 0.03%             | 2027-10-18      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                              | Mondelez International, Inc.                                                     | CUSIP: 609207BF1<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |  39570000 | PA      | $39450058.98  | 0.36%             | 2028-05-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                               | Marsh & McLennan Cos., Inc.                                                      | CUSIP: 571748BZ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |  13905000 | PA      | $13979045.79  | 0.13%             | 2027-11-08      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL Corp.                          | Crown Castle International Corp.                                                 | CUSIP: 22823PV59<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   7200000 | PA      | $7195042.80   | 0.07%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust        | GM Financial Consumer Automobile Receivables Trust, Series 2022-2, Class A3      | CUSIP: 362585AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2434113 | PA      | $2427703.91   | 0.02%             | 2027-02-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp.                                                            | CUSIP: 06051GLE7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  46963000 | PA      | $47105997.64  | 0.43%             | 2027-01-20      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEF9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  19779000 | PA      | $19876124.38  | 0.18%             | 2028-04-22      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   6105000 | PA      | $6136734.40   | 0.06%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                      | Royal Bank of Canada                                                             | CUSIP: 78016HZR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1350000 | PA      | $1360253.22   | 0.01%             | 2026-07-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                 | RTX Corp.                                                                        | CUSIP: 75513ECQ2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |  14820000 | PA      | $14849373.24  | 0.14%             | 2026-02-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                      | Meta Platforms, Inc.                                                             | CUSIP: 30303M8G0<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   6865000 | PA      | $6780046.38   | 0.06%             | 2027-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Carmax Auto Owner Trust                                   | Carmax Auto Owner Trust, Series 2022-2, Class A3                                 | CUSIP: 14317HAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1958369 | PA      | $1954456.01   | 0.02%             | 2027-02-16      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| FMC Corp.                                                 | FMC Corp.                                                                        | CUSIP: 34410WV17<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | STIV             | CORP              | US        |  32800000 | PA      | $32795342.40  | 0.30%             | 2025-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp.                                                            | CUSIP: 06051GMN6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  45633000 | PA      | $45715460.20  | 0.42%             | 2029-01-24      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| MFA Trust                                                 | MFA Trust, Series 2021-NQM1, Class A1                                            | CUSIP: 55283FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3333020 | PA      | $3113389.59   | 0.03%             | 2065-04-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                                                     | CUSIP: 225401AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   9010000 | PA      | $8862307.99   | 0.08%             | 2027-02-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                          | Bank of Montreal                                                                 | CUSIP: 06368L8M1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  50896000 | PA      | $51063094.62  | 0.47%             | 2027-09-10      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                     | Athene Global Funding                                                            | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  35576000 | PA      | $35752119.70  | 0.33%             | 2027-01-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Soundview Home Loan Trust                                 | Soundview Home Loan Trust, Series 2005-OPT3, Class M1                            | CUSIP: 83611MGU6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    520072 | PA      | $517244.60    | 0.00%             | 2035-11-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   4400000 | PA      | $4414421.00   | 0.04%             | 2027-04-01      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  26807000 | PA      | $27287975.22  | 0.25%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                      | American Express Co.                                                             | CUSIP: 025816DM8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  37737000 | PA      | $37884779.60  | 0.35%             | 2026-10-30      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                         | NatWest Group plc                                                                | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   9420000 | PA      | $9565450.64   | 0.09%             | 2028-03-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                 | Towd Point Mortgage Trust, Series 2022-SJ1, Class A1B                            | CUSIP: 89180GAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2756336 | PA      | $2688993.39   | 0.02%             | 2062-03-25      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  27265000 | PA      | $27396694.04  | 0.25%             | 2029-03-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                  | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |  19115000 | PA      | $19180098.62  | 0.18%             | 2027-05-28      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| CRH America Finance, Inc.                                 | CRH America Finance, Inc.                                                        | CUSIP: 12636CXG0<br>LEI: 549300WEVUODRJ4CWK56 | Long             | STIV             | CORP              | US        |  13000000 | PA      | $12872057.90  | 0.12%             | 2025-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA                                                                          | CUSIP: 05571AAP0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  11255000 | PA      | $11435613.26  | 0.10%             | 2027-10-19      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  28966000 | PA      | $28204635.93  | 0.26%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                     | Athene Global Funding                                                            | CUSIP: 04685A3X7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  25807000 | PA      | $26158538.57  | 0.24%             | 2027-07-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                      | Boston Properties LP                                                             | CUSIP: 10113BV62<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |  34210000 | PA      | $34183959.35  | 0.31%             | 2025-08-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA                                                                          | CUSIP: 05583JAH5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  11156000 | PA      | $11088927.90  | 0.10%             | 2026-10-06      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   7304000 | PA      | $7193232.21   | 0.07%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co.                            | Hewlett Packard Enterprise Co.                                                   | CUSIP: 42824CAW9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |  45389000 | PA      | $45391075.19  | 0.42%             | 2025-10-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                                                     | CUSIP: 225401AF5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  16480000 | PA      | $16217976.73  | 0.15%             | 2029-01-12      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                               | Nationwide Building Society                                                      | CUSIP: 63861VAJ6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  36575000 | PA      | $37365397.82  | 0.34%             | 2027-10-18      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                          | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505AZ6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |  23865000 | PA      | $24166906.33  | 0.22%             | 2027-03-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley                                                                   | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  19140000 | PA      | $19244597.99  | 0.18%             | 2028-04-13      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp.                                                            | CUSIP: 06051GKH1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  12591000 | PA      | $12713981.21  | 0.12%             | 2028-02-04      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                            | Broadcom, Inc.                                                                   | CUSIP: 11135FCE9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |  13762000 | PA      | $13922381.25  | 0.13%             | 2028-04-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                               | PNC Bank NA                                                                      | CUSIP: 69353RFW3<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |  18472000 | PA      | $18489087.52  | 0.17%             | 2027-01-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                                               | CUSIP: 22534PAJ2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   2750000 | PA      | $2758185.40   | 0.03%             | 2027-03-11      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                               | ONEOK, Inc.                                                                      | CUSIP: 68269EV66<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | STIV             | CORP              | US        |  21493000 | PA      | $21476312.83  | 0.20%             | 2025-08-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                           | BRAVO Residential Funding Trust, Series 2021-HE1, Class A1                       | CUSIP: 10569QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2850037 | PA      | $2847981.21   | 0.03%             | 2070-01-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust              | American Express Credit Account Master Trust, Series 2022-4, Class A             | CUSIP: 02582JJX9<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |  14150000 | PA      | $14161656.77  | 0.13%             | 2027-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                              | Barclays plc                                                                     | CUSIP: 06738EAN5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  21059000 | PA      | $21045111.59  | 0.19%             | 2026-01-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                        | BMW US Capital LLC                                                               | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  14079000 | PA      | $14116929.95  | 0.13%             | 2026-08-13      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                                      | Macquarie Group Ltd.                                                             | CUSIP: 55608JBF4<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |  20967000 | PA      | $20970202.71  | 0.19%             | 2026-08-09      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| United States of America                                  | U.S. Treasury Notes                                                              | CUSIP: 91282CJB8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  47268000 | PA      | $47311686.03  | 0.43%             | 2025-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                       | Intesa Sanpaolo SpA                                                              | CUSIP: 46115LVP0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | STIV             | CORP              | IT        |  25000000 | PA      | $25008667.50  | 0.23%             | 2025-08-18      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   6054000 | PA      | $6073841.99   | 0.06%             | 2027-04-01      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| USB Auto Owner Trust                                      | USB Auto Owner Trust, Series 2025-1A, Class A2                                   | CUSIP: 90367VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13759000 | PA      | $13767139.82  | 0.13%             | 2028-06-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                              | New York Life Global Funding                                                     | CUSIP: 64953BBL1<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  47790000 | PA      | $47995812.89  | 0.44%             | 2027-04-02      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust        | GM Financial Consumer Automobile Receivables Trust, Series 2023-2, Class A3      | CUSIP: 362583AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14611212 | PA      | $14629529.01  | 0.13%             | 2028-02-16      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Securitized Asset-Backed Receivables LLC Trust            | Securitized Asset-Backed Receivables LLC Trust, Series 2006-CB1, Class AV1       | CUSIP: 81375WHF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    118046 | PA      | $117849.21    | 0.00%             | 2036-01-25      | Floating      | 3.24%                 | No            |                  2 | On Loan: No      |
| Home Depot, Inc. (The)                                    | Home Depot, Inc. (The)                                                           | CUSIP: 437076CY6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |  16071000 | PA      | $16083769.86  | 0.15%             | 2025-12-24      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| GE HealthCare Technologies, Inc.                          | GE HealthCare Technologies, Inc.                                                 | CUSIP: 36267VAD5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |  36375000 | PA      | $36440809.65  | 0.33%             | 2025-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                 | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TMR3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  16141000 | PA      | $16158644.53  | 0.15%             | 2026-04-10      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                     | Athene Global Funding                                                            | CUSIP: 04685A4M0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  36191000 | PA      | $36373371.88  | 0.33%             | 2028-03-06      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                 | Mid-America Apartments LP                                                        | CUSIP: 59524NVC3<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | STIV             | CORP              | US        |  27133000 | PA      | $27091801.25  | 0.25%             | 2025-08-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CaixaBank SA                                              | CaixaBank SA                                                                     | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |  25375000 | PA      | $25341953.63  | 0.23%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Imperial Fund Mortgage Trust                              | Imperial Fund Mortgage Trust, Series 2023-NQM1, Class A1                         | CUSIP: 45290BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8401282 | PA      | $8394045.81   | 0.08%             | 2068-02-25      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                                               | CUSIP: 22534PAH6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  33674000 | PA      | $34081710.65  | 0.31%             | 2027-03-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 53944YAT0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   3299000 | PA      | $3298488.23   | 0.03%             | 2026-08-11      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                       | Toyota Auto Receivables Owner Trust, Series 2024-D, Class A2B                    | CUSIP: 89239TAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4261339 | PA      | $4263046.81   | 0.04%             | 2027-08-16      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Illumina, Inc.                                            | Illumina, Inc.                                                                   | CUSIP: 452327AQ2<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |  18540000 | PA      | $18535320.87  | 0.17%             | 2026-09-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Bank of Ireland Group plc                                 | Bank of Ireland Group plc                                                        | CUSIP: 06279JAC3<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |  10022000 | PA      | $10040160.37  | 0.09%             | 2026-09-16      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard, Inc.                            | Alimentation Couche-Tard, Inc.                                                   | CUSIP: 01626UVK8<br>LEI: 549300OSW32RVX8CCZ87 | Long             | STIV             | CORP              | CA        |  21077000 | PA      | $21025312.87  | 0.19%             | 2025-08-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                          | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505BC6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |  36045000 | PA      | $36279774.78  | 0.33%             | 2028-06-02      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust                         | World Omni Auto Receivables Trust, Series 2024-A, Class A3                       | CUSIP: 98164RAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12945000 | PA      | $12992752.81  | 0.12%             | 2029-03-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                            | Protective Life Global Funding                                                   | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  14470000 | PA      | $14581650.38  | 0.13%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | Deutsche Bank AG                                                                 | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  19370000 | PA      | $19802740.91  | 0.18%             | 2027-07-13      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                  | Cooperatieve Rabobank UA                                                         | CUSIP: 21688ABG6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  18730000 | PA      | $18802186.36  | 0.17%             | 2026-08-28      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                        | Energy Transfer LP                                                               | CUSIP: 29273RBG3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |  12270000 | PA      | $12270657.18  | 0.11%             | 2026-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                        | Energy Transfer LP                                                               | CUSIP: 29277EV19<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | STIV             | CORP              | US        |  50950000 | PA      | $50943600.68  | 0.47%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | Deutsche Bank AG                                                                 | CUSIP: 25160PAH0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  22200000 | PA      | $21539748.25  | 0.20%             | 2028-01-07      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Motorcycle Trust                          | Harley-Davidson Motorcycle Trust, Series 2025-A, Class A2B                       | CUSIP: 41284XAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  16250000 | PA      | $16295571.50  | 0.15%             | 2028-07-17      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                  | Bristol-Myers Squibb Co.                                                         | CUSIP: 110122EE4<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   9625000 | PA      | $9725446.40   | 0.09%             | 2027-02-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                 | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAM9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  37442000 | PA      | $37716995.76  | 0.35%             | 2028-09-08      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                        | Banco Bilbao Vizcaya Argentaria SA                                               | CUSIP: 05946KAL5<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   4400000 | PA      | $4538627.59   | 0.04%             | 2028-09-14      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust        | GM Financial Consumer Automobile Receivables Trust, Series 2024-4, Class A2B     | CUSIP: 38014AAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6202803 | PA      | $6206443.22   | 0.06%             | 2027-10-18      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                           | Citigroup, Inc.                                                                  | CUSIP: 172967MZ1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  26360000 | PA      | $26394431.43  | 0.24%             | 2027-06-09      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                | Charles Schwab Corp. (The)                                                       | CUSIP: 8085A2YE1<br>LEI: 549300VSGCJ7E698NM85 | Long             | STIV             | CORP              | US        |  26645000 | PA      | $26304141.17  | 0.24%             | 2025-11-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                        | General Motors Financial Co., Inc.                                               | CUSIP: 37046TW83<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |  17760000 | PA      | $17672785.97  | 0.16%             | 2025-09-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                              | National Australia Bank Ltd.                                                     | CUSIP: 632525CL3<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  27030000 | PA      | $27136021.39  | 0.25%             | 2028-06-13      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                     | FHLMC, Series 3539, Class PM                                                     | CUSIP: 31398EHW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3820 | PA      | $3727.11      | 0.00%             | 2037-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                   | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JBD8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  22730000 | PA      | $22746756.78  | 0.21%             | 2027-04-01      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38145GAN0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  18810000 | PA      | $18824902.79  | 0.17%             | 2026-08-10      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                                               | CUSIP: 22535WAM9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  17672000 | PA      | $17801383.96  | 0.16%             | 2028-09-11      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                     | Westpac Banking Corp.                                                            | CUSIP: 961214FX6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |  46236000 | PA      | $46310487.12  | 0.42%             | 2026-10-20      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                       | Starwood Mortgage Residential Trust, Series 2022-2, Class A1                     | CUSIP: 85573UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6230729 | PA      | $5918822.00   | 0.05%             | 2067-02-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                           | BRAVO Residential Funding Trust, Series 2021-NQM2, Class A1                      | CUSIP: 10569EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2076754 | PA      | $2016994.29   | 0.02%             | 2060-03-25      | Variable      | 0.97%                 | No            |                  2 | On Loan: No      |
| GCAT Trust                                                | GCAT Trust, Series 2019-NQM3, Class A1                                           | CUSIP: 36167VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1264350 | PA      | $1224578.48   | 0.01%             | 2059-11-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                            | Protective Life Global Funding                                                   | CUSIP: 74368CBZ6<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  28010000 | PA      | $28031891.50  | 0.26%             | 2027-09-13      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA REPO                                       | BNP PARIBAS SA REPO                                                              | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | RA               | CORP              | FR        |  25000000 | PA      | $25000000.00  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                 | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAR8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  27545000 | PA      | $27595563.53  | 0.25%             | 2029-02-14      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Agree LP                                                  | Agree LP                                                                         | CUSIP: 00852WV13<br>LEI: 549300DXY3G299V1BO77 | Long             | STIV             | CORP              | US        |  25249000 | PA      | $25245657.03  | 0.23%             | 2025-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                           | Citigroup, Inc.                                                                  | CUSIP: 172967PY1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  22825000 | PA      | $22995277.47  | 0.21%             | 2028-05-07      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                               | Capital One Financial Corp.                                                      | CUSIP: 14040HBN4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  17225000 | PA      | $17055828.97  | 0.16%             | 2027-03-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                               | Nationwide Building Society                                                      | CUSIP: 63861VAM9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   5678000 | PA      | $5681002.13   | 0.05%             | 2029-07-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                | Australia & New Zealand Banking Group Ltd.                                       | CUSIP: 05252ADL2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  43314000 | PA      | $43547524.40  | 0.40%             | 2027-07-16      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon (The)                             | Bank of New York Mellon (The)                                                    | CUSIP: 06405LAF8<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |  13430000 | PA      | $13448292.60  | 0.12%             | 2027-04-20      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Ovintiv, Inc.                                             | Ovintiv, Inc.                                                                    | CUSIP: 69047JV54<br>LEI: 2549003MEX7YMKLGI239 | Long             | STIV             | CORP              | US        |  13739000 | PA      | $13729488.49  | 0.13%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                                              | CUSIP: 83368RBZ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   6560000 | PA      | $6612510.04   | 0.06%             | 2027-02-19      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                           | Intercontinental Exchange, Inc.                                                  | CUSIP: 45856WVB2<br>LEI: 5493000F4ZO33MV32P92 | Long             | STIV             | CORP              | US        |  20215000 | PA      | $20186567.60  | 0.19%             | 2025-08-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  31986000 | PA      | $31556338.46  | 0.29%             | 2026-01-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RCH8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  13485000 | PA      | $13515567.26  | 0.12%             | 2028-06-09      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                   | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668CD2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |  47860000 | PA      | $47906244.25  | 0.44%             | 2026-03-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA                                                                          | CUSIP: 05583JAH5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   7130000 | PA      | $7087133.01   | 0.07%             | 2026-10-06      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                     | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FBC0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   6705000 | PA      | $6764030.02   | 0.06%             | 2027-01-23      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                              | Oracle Corp.                                                                     | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  22760000 | PA      | $22316219.37  | 0.20%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| NiSource, Inc.                                            | NiSource, Inc.                                                                   | CUSIP: 65473PAK1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |  31481000 | PA      | $31440061.48  | 0.29%             | 2025-08-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                               | PNC Bank NA                                                                      | CUSIP: 69353RFZ6<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |  11865000 | PA      | $11866527.62  | 0.11%             | 2028-07-21      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                 | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAG2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  37930000 | PA      | $38100978.96  | 0.35%             | 2027-06-04      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                   | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JBB2<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  36948000 | PA      | $37135591.65  | 0.34%             | 2026-11-13      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                      | American Express Co.                                                             | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  15490000 | PA      | $15601777.08  | 0.14%             | 2028-07-26      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                 | Towd Point Mortgage Trust, Series 2019-HY2, Class A1                             | CUSIP: 89177HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    298551 | PA      | $305620.36    | 0.00%             | 2058-05-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                            | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KW8<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |  22760000 | PA      | $22876157.48  | 0.21%             | 2028-03-14      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Sherwin-Williams Co. (The)                                | Sherwin-Williams Co. (The)                                                       | CUSIP: 824348BR6<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |  14027000 | PA      | $14025646.68  | 0.13%             | 2025-08-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                      | American Tower Corp.                                                             | CUSIP: 03027XBB5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   5467000 | PA      | $5442888.40   | 0.05%             | 2025-09-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                              | Barclays plc                                                                     | CUSIP: 06738ECF0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  33960000 | PA      | $34238608.18  | 0.31%             | 2027-05-09      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| FNMA                                                      | FNMA Connecticut Avenue Securities Trust, Series 2025-R04, Class 1A1             | CUSIP: 20755TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2580467 | PA      | $2581874.43   | 0.02%             | 2045-05-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                              | Oracle Corp.                                                                     | CUSIP: 68389XCX1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  27827000 | PA      | $28013332.65  | 0.26%             | 2028-08-03      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Huntington Auto Trust                                     | Huntington Auto Trust, Series 2024-1A, Class A2                                  | CUSIP: 446144AC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1904160 | PA      | $1905404.04   | 0.02%             | 2027-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lennar Corp.                                              | Lennar Corp.                                                                     | CUSIP: 526057CT9<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |  21737000 | PA      | $21748854.06  | 0.20%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                           | Plains All American Pipeline LP                                                  | CUSIP: 72650WV65<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |  21164000 | PA      | $21147995.78  | 0.19%             | 2025-08-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                               | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115GH77<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  37315000 | PA      | $37327069.91  | 0.34%             | 2025-08-29      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Santander UK Group Holdings plc                           | Santander UK Group Holdings plc                                                  | CUSIP: 80281LAS4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |  26104000 | PA      | $26257493.87  | 0.24%             | 2026-11-21      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| CNO Global Funding                                        | CNO Global Funding                                                               | CUSIP: 18977W2G4<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   7908000 | PA      | $7957830.44   | 0.07%             | 2027-12-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                              | Barclays plc                                                                     | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  24224000 | PA      | $24223998.55  | 0.22%             | 2026-08-09      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                           | BRAVO Residential Funding Trust, Series 2024-NQM5, Class A1                      | CUSIP: 105925AA9<br>LEI: 254900RBHU9OC1RNXD92 | Long             | ABS-MBS          | CORP              | US        |   8630012 | PA      | $8648123.08   | 0.08%             | 2064-06-25      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                   | National Bank of Canada                                                          | CUSIP: 63307A3A1<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  20090000 | PA      | $20261297.39  | 0.19%             | 2027-07-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| EFMT                                                      | Ellington Financial Mortgage Trust, Series 2024-INV1, Class A1A                  | CUSIP: 268434AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2813675 | PA      | $2845588.06   | 0.03%             | 2069-03-25      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                       | New Residential Mortgage Loan Trust, Series 2019-NQM4, Class A1                  | CUSIP: 64828EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1238893 | PA      | $1181139.88   | 0.01%             | 2059-09-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                   | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668CK6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |  26980000 | PA      | $26992126.16  | 0.25%             | 2026-08-14      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Cargill, Inc.                                             | Cargill, Inc.                                                                    | CUSIP: 141781CC6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |  31820000 | PA      | $31839383.79  | 0.29%             | 2028-02-11      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 539439AY5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  22697000 | PA      | $22991625.90  | 0.21%             | 2027-08-07      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                                 | OBX Trust, Series 2020-EXP3, Class 2A1                                           | CUSIP: 67448WBD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    181470 | PA      | $180486.58    | 0.00%             | 2060-01-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                           | BRAVO Residential Funding Trust, Series 2021-NQM1, Class A1                      | CUSIP: 10569TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2076202 | PA      | $1932725.71   | 0.02%             | 2049-02-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                      | Mitsubishi UFJ Financial Group, Inc.                                             | CUSIP: 606822CL6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |  13580000 | PA      | $13711680.64  | 0.13%             | 2028-07-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                           | Air Lease Corp.                                                                  | CUSIP: 00913WV51<br>LEI: 5493004NW4M4P8TMMK63 | Long             | STIV             | CORP              | US        |  15143000 | PA      | $15133132.82  | 0.14%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Galton Funding Mortgage Trust                             | Galton Funding Mortgage Trust, Series 2019-2, Class A22                          | CUSIP: 36418AAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1678975 | PA      | $1517275.16   | 0.01%             | 2059-06-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                  | Angel Oak Mortgage Trust, Series 2019-5, Class A1                                | CUSIP: 03464KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    254020 | PA      | $250602.43    | 0.00%             | 2049-10-25      | Variable      | 2.59%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                   | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAU1<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  14112000 | PA      | $14185207.41  | 0.13%             | 2027-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 539439BC2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  18045000 | PA      | $18110558.57  | 0.17%             | 2029-06-13      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| First Frankin Mortgage Loan Trust                         | First Frankin Mortgage Loan Trust, Series 2006-FF3, Class A2C                    | CUSIP: 362334AV6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     23900 | PA      | $23917.95     | 0.00%             | 2036-02-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp.                                        | Hyatt Hotels Corp.                                                               | CUSIP: 448579AF9<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |  31438000 | PA      | $31448090.65  | 0.29%             | 2026-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                        | General Motors Financial Co., Inc.                                               | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |  20095000 | PA      | $20062919.74  | 0.18%             | 2027-07-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| RAMP Trust                                                | RAMP Trust, Series 2006-EFC2, Class A4                                           | CUSIP: 749238AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175284 | PA      | $173949.99    | 0.00%             | 2036-12-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                              | American Honda Finance Corp., Series A                                           | CUSIP: 02665WGB1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  31945000 | PA      | $32017916.70  | 0.29%             | 2026-05-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                            | Hyundai Auto Receivables Trust, Series 2023-B, Class A3                          | CUSIP: 44933XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  31118565 | PA      | $31313946.24  | 0.29%             | 2028-04-17      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                               | Nationwide Building Society                                                      | CUSIP: 63861VAL1<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  17830000 | PA      | $17872087.18  | 0.16%             | 2029-07-14      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                  | Cooperatieve Rabobank UA                                                         | CUSIP: 21688ABA9<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  23840000 | PA      | $23871224.68  | 0.22%             | 2026-01-09      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BofA Auto Trust                                           | BofA Auto Trust, Series 2025-1A, Class A2B                                       | CUSIP: 05594BAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4505812.20   | 0.04%             | 2027-11-22      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                       | Realty Income Corp.                                                              | CUSIP: 756109BF0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |  36334000 | PA      | $36378774.02  | 0.33%             | 2026-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                  | U.S. Treasury Notes                                                              | CUSIP: 91282CKK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  48372000 | PA      | $48589058.71  | 0.45%             | 2026-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  10000000 | PA      | $10090417.10  | 0.09%             | 2029-03-25      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| FNMA                                                      | FNMA, Series 2005-63, Class FC                                                   | CUSIP: 31394EGS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    143174 | PA      | $142120.35    | 0.00%             | 2031-10-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| STAR Trust                                                | STAR Trust, Series 2021-1, Class A1                                              | CUSIP: 85573GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2944183 | PA      | $2748574.21   | 0.03%             | 2065-05-25      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                     | Sumitomo Mitsui Financial Group, Inc.                                            | CUSIP: 86562MCR9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |  32249000 | PA      | $33158594.98  | 0.30%             | 2028-01-13      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Arthur J Gallagher & Co.                                  | Arthur J Gallagher & Co.                                                         | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |  24256000 | PA      | $24349531.62  | 0.22%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                 | Towd Point Mortgage Trust, Series 2019-HY1, Class A1                             | CUSIP: 89177EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2189442 | PA      | $2195159.64   | 0.02%             | 2048-10-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                           | BRAVO Residential Funding Trust, Series 2023-NQM4, Class A1                      | CUSIP: 10569YAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11147197 | PA      | $11193386.54  | 0.10%             | 2063-05-25      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 456837BF9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  20309000 | PA      | $20623883.94  | 0.19%             | 2027-09-11      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                          | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  10082000 | PA      | $10172798.39  | 0.09%             | 2028-12-03      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                        | State Street Corp.                                                               | CUSIP: 857477CE1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  19120000 | PA      | $19207172.67  | 0.18%             | 2026-08-03      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                     | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FBA4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  23865000 | PA      | $24205761.65  | 0.22%             | 2026-07-13      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                               | PNC Bank NA                                                                      | CUSIP: 69353RGA0<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   8675000 | PA      | $8700455.66   | 0.08%             | 2028-07-21      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                        | Essex Portfolio LP                                                               | CUSIP: 29717PAQ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |   9078000 | PA      | $8996878.63   | 0.08%             | 2026-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Ameriquest Mortgage Securities, Inc.                      | Ameriquest Mortgage Securities, Inc., Series 2005-R9, Class M1                   | CUSIP: 03072SQ32<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2379721 | PA      | $2348185.97   | 0.02%             | 2035-11-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                               | AvalonBay Communities, Inc.                                                      | CUSIP: 05348AV79<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | STIV             | CORP              | US        |  25008000 | PA      | $24985922.94  | 0.23%             | 2025-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                              | Barclays plc                                                                     | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  26815000 | PA      | $27347151.18  | 0.25%             | 2027-09-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bank NA                                       | Fifth Third Bank NA                                                              | CUSIP: 31677QBU2<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |  11945000 | PA      | $12020658.91  | 0.11%             | 2028-01-28      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                           | Citigroup, Inc.                                                                  | CUSIP: 172967NX5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  43688000 | PA      | $43742357.48  | 0.40%             | 2026-09-29      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| AutoNation, Inc.                                          | AutoNation, Inc.                                                                 | CUSIP: 05330LV18<br>LEI: N/A                  | Long             | STIV             | CORP              | US        | 111510000 | PA      | $111494533.56 | 1.02%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley                                                                   | CUSIP: 61747YEX9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  11580000 | PA      | $11610847.04  | 0.11%             | 2026-10-16      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                        | BMW US Capital LLC                                                               | CUSIP: 05565ECU7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  22670000 | PA      | $22751157.69  | 0.21%             | 2027-03-19      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Mutual of Omaha Cos. Global Funding                       | Mutual of Omaha Cos. Global Funding                                              | CUSIP: 62829D2A7<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |  21220000 | PA      | $21504808.47  | 0.20%             | 2026-07-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                      | Royal Bank of Canada                                                             | CUSIP: 78016HZY9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  42037000 | PA      | $42164102.23  | 0.39%             | 2027-07-23      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  17173000 | PA      | $17336728.76  | 0.16%             | 2027-08-07      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                            | Broadcom, Inc.                                                                   | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |  20679000 | PA      | $20930993.47  | 0.19%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                   | Hyundai Capital America                                                          | CUSIP: 44891ADJ3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  23376000 | PA      | $23412459.78  | 0.21%             | 2027-09-24      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                       | Toyota Auto Receivables Owner Trust, Series 2022-C, Class A3                     | CUSIP: 89231CAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1676208 | PA      | $1671558.76   | 0.02%             | 2027-04-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                        | General Motors Financial Co., Inc.                                               | CUSIP: 37045XEF9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |  21955000 | PA      | $22060277.96  | 0.20%             | 2026-04-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                  | John Deere Capital Corp.                                                         | CUSIP: 24422EYA1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |  36395000 | PA      | $36489255.04  | 0.33%             | 2028-03-06      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                           | Danske Bank A/S                                                                  | CUSIP: 23636AAZ4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |  10890000 | PA      | $10851183.90  | 0.10%             | 2026-09-11      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp.       | Plains All American Pipeline LP / PAA Finance Corp.                              | CUSIP: 72650RBJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  31677000 | PA      | $31668897.66  | 0.29%             | 2025-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                       | Macquarie Bank Ltd.                                                              | CUSIP: 55608PBY9<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |  36035000 | PA      | $36146508.15  | 0.33%             | 2028-06-12      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                   | National Bank of Canada                                                          | CUSIP: 63307A3A1<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   9584000 | PA      | $9665717.98   | 0.09%             | 2027-07-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1029000 | PA      | $1047845.39   | 0.01%             | 2027-10-28      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                     | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675DCR1<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  20026000 | PA      | $20083217.29  | 0.18%             | 2028-10-16      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                        | State Street Corp.                                                               | CUSIP: 857477CQ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  15722000 | PA      | $15751788.63  | 0.14%             | 2027-10-22      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                          | Bank of Montreal                                                                 | CUSIP: 06368MJH8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   6747000 | PA      | $6757747.23   | 0.06%             | 2029-01-27      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                 | Bank of Nova Scotia (The)                                                        | CUSIP: 06418JAA9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  20938000 | PA      | $21185124.93  | 0.19%             | 2026-12-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust                                     | Arroyo Mortgage Trust, Series 2019-2, Class A1                                   | CUSIP: 042858AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2144165 | PA      | $2064540.96   | 0.02%             | 2049-04-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                          | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  22400000 | PA      | $22601734.18  | 0.21%             | 2028-12-03      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Discover Card Execution Note Trust                        | Discover Card Execution Note Trust, Series 2022-A4, Class A                      | CUSIP: 254683CX1<br>LEI: 549300CKCX1QE4RUW216 | Long             | ABS-O            | CORP              | US        |  21656000 | PA      | $21680594.72  | 0.20%             | 2027-10-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                         | Philip Morris International, Inc.                                                | CUSIP: 718172DS5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |  45700000 | PA      | $45991650.55  | 0.42%             | 2028-04-28      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co.                                         | Georgia Power Co.                                                                | CUSIP: 373334KZ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |  13615000 | PA      | $13615863.46  | 0.12%             | 2026-09-15      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust                                     | Camden Property Trust                                                            | CUSIP: 133131BA9<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              | CORP              | US        |  41027000 | PA      | $41647808.26  | 0.38%             | 2026-11-03      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc.                                                            | CUSIP: 25746UCE7<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  11046000 | PA      | $11032272.36  | 0.10%             | 2025-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP / PTL Finance Corp.           | Penske Truck Leasing Co. LP / PTL Finance Corp.                                  | CUSIP: 709599BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1856000 | PA      | $1836987.32   | 0.02%             | 2025-11-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                               | Penske Truck Leasing Co. LP                                                      | CUSIP: 70962AV60<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |  30849000 | PA      | $30825261.69  | 0.28%             | 2025-08-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                  | John Deere Capital Corp.                                                         | CUSIP: 24422EXS3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |  41230000 | PA      | $41404533.19  | 0.38%             | 2027-06-11      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                                              | CUSIP: 83368RCA8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  21460000 | PA      | $21504513.62  | 0.20%             | 2027-02-19      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  22575000 | PA      | $22780099.97  | 0.21%             | 2028-04-23      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                          | COLT Funding LLC, Series 2021-3R, Class A1                                       | CUSIP: 19688DAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1536875 | PA      | $1407482.75   | 0.01%             | 2064-12-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                 | Corebridge Global Funding                                                        | CUSIP: 00138CAY4<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |  23645000 | PA      | $23818296.81  | 0.22%             | 2026-06-24      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                  | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAC0<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  35025000 | PA      | $35024020.35  | 0.32%             | 2025-08-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                      | Boston Properties LP                                                             | CUSIP: 10113BW38<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |  12000000 | PA      | $11947851.60  | 0.11%             | 2025-09-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc.                                                            | CUSIP: 25746UDY2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  11190000 | PA      | $11238617.98  | 0.10%             | 2028-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                              | Mizuho Financial Group, Inc.                                                     | CUSIP: 60687YAA7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |  21296000 | PA      | $21264682.32  | 0.20%             | 2025-10-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                               | ONEOK, Inc.                                                                      | CUSIP: 68269EV74<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | STIV             | CORP              | US        |  15644000 | PA      | $15629854.70  | 0.14%             | 2025-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Storage Operating Co.                              | Public Storage Operating Co.                                                     | CUSIP: 74464AAA9<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              | CORP              | US        |  36921000 | PA      | $36999456.39  | 0.34%             | 2027-04-16      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Campbell's Co. (The)                                      | Campbell's Co. (The)                                                             | CUSIP: 134429BL2<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |  19444000 | PA      | $19525273.39  | 0.18%             | 2026-03-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                  | Angel Oak Mortgage Trust, Series 2020-3, Class A1                                | CUSIP: 03465LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5961211 | PA      | $5630529.77   | 0.05%             | 2065-04-25      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                            | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KV0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |  36945000 | PA      | $37026877.14  | 0.34%             | 2026-11-27      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                    | Goldman Sachs Bank USA                                                           | CUSIP: 38151LAH3<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |  50512000 | PA      | $50653371.47  | 0.46%             | 2027-05-21      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                              | New York Life Global Funding                                                     | CUSIP: 64953BBK3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  33763000 | PA      | $33823763.95  | 0.31%             | 2026-01-16      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Rogers Communications, Inc.                               | Rogers Communications, Inc.                                                      | CUSIP: 775109BE0<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   7402000 | PA      | $7377085.76   | 0.07%             | 2025-12-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                         | Wells Fargo & Co.                                                                | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  12349000 | PA      | $12203601.27  | 0.11%             | 2027-06-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                     | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675DCQ3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  26682000 | PA      | $26782257.62  | 0.25%             | 2028-10-16      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                  | Cooperatieve Rabobank UA                                                         | CUSIP: 21688ABN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  18025000 | PA      | $18074052.69  | 0.17%             | 2027-05-27      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc., Series N                                      | CUSIP: 025537AR2<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   2354000 | PA      | $2332466.10   | 0.02%             | 2025-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                               | Capital One Financial Corp.                                                      | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  14427000 | PA      | $14862261.58  | 0.14%             | 2027-10-29      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                | US Bank NA                                                                       | CUSIP: 90331HPP2<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |  47828000 | PA      | $47818770.15  | 0.44%             | 2027-10-22      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                   | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAP2<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  28445000 | PA      | $28476167.76  | 0.26%             | 2026-01-09      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                   | Daimler Truck Finance North America LLC                                          | CUSIP: 233853BB5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  13552000 | PA      | $13569553.09  | 0.12%             | 2028-01-13      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| GNMA                                                      | GNMA, Series 2009-32, Class AB                                                   | CUSIP: 38374UBP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3070 | PA      | $3017.16      | 0.00%             | 2039-05-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSMC Trust                                                | CSMC Trust, Series 2020-AFC1, Class A1                                           | CUSIP: 12597MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5445172 | PA      | $5183222.48   | 0.05%             | 2050-02-25      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard, Inc.                            | Alimentation Couche-Tard, Inc.                                                   | CUSIP: 01626UV69<br>LEI: 549300OSW32RVX8CCZ87 | Long             | STIV             | CORP              | CA        |  28259000 | PA      | $28237299.91  | 0.26%             | 2025-08-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                                                     | CUSIP: 225401BC1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   8865000 | PA      | $9075500.49   | 0.08%             | 2027-12-22      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                     | Targa Resources Corp.                                                            | CUSIP: 87613EV10<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |  51560000 | PA      | $51553044.56  | 0.47%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | Deutsche Bank AG                                                                 | CUSIP: 251526CE7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   2652000 | PA      | $2629652.44   | 0.02%             | 2026-11-24      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                         | Philip Morris International, Inc.                                                | CUSIP: 718172DM8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |  24295000 | PA      | $24319464.82  | 0.22%             | 2027-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Cabot Corp.                                               | Cabot Corp.                                                                      | CUSIP: 12705WV58<br>LEI: K05C0SER542GQ6VLRO68 | Long             | STIV             | CORP              | US        |  15293000 | PA      | $15283454.11  | 0.14%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank NA                                    | Morgan Stanley Bank NA                                                           | CUSIP: 61690DK64<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |  13738000 | PA      | $13782439.96  | 0.13%             | 2029-01-12      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                              | National Australia Bank Ltd.                                                     | CUSIP: 632525BQ3<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  18673000 | PA      | $18737496.36  | 0.17%             | 2027-06-11      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38145GAM2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  32044000 | PA      | $32050457.51  | 0.29%             | 2026-08-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                   | Hyundai Capital America                                                          | CUSIP: 44891ACX3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  23805000 | PA      | $24040121.03  | 0.22%             | 2027-03-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                              | American Honda Finance Corp.                                                     | CUSIP: 02665WGA3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  18335000 | PA      | $18361451.17  | 0.17%             | 2026-12-11      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| UDR, Inc.                                                 | UDR, Inc.                                                                        | CUSIP: 90352PV55<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | STIV             | CORP              | US        |  25936000 | PA      | $25919665.51  | 0.24%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BA Credit Card Trust                                      | BA Credit Card Trust, Series 2024-A1, Class A                                    | CUSIP: 05522RDJ4<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |  18633000 | PA      | $18865871.51  | 0.17%             | 2029-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                | US Bancorp                                                                       | CUSIP: 91159HJH4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  25065000 | PA      | $25119968.30  | 0.23%             | 2026-10-21      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  15140000 | PA      | $15213128.47  | 0.14%             | 2029-03-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                              | Marriott International, Inc.                                                     | CUSIP: 57163TW96<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | STIV             | CORP              | US        |  12940000 | PA      | $12874245.39  | 0.12%             | 2025-09-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   6724000 | PA      | $6798522.63   | 0.06%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                      | Royal Bank of Canada                                                             | CUSIP: 78017FZR7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  23350000 | PA      | $23424871.54  | 0.21%             | 2027-10-18      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| SG Residential Mortgage Trust                             | SG Residential Mortgage Trust, Series 2019-3, Class A1                           | CUSIP: 78432BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4963 | PA      | $4943.00      | 0.00%             | 2059-09-25      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 539439AM1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  17515000 | PA      | $17506388.75  | 0.16%             | 2025-12-10      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                                                 | CUSIP: 12665JV48<br>LEI: 549300EJG376EN5NQE29 | Long             | STIV             | CORP              | US        |  32653000 | PA      | $32635501.26  | 0.30%             | 2025-08-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                     | FHLMC, Series 3724, Class CM                                                     | CUSIP: 3137A1Z30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     42554 | PA      | $44343.12     | 0.00%             | 2037-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                                               | CUSIP: 22534PAE3<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  33415000 | PA      | $33781955.84  | 0.31%             | 2026-07-05      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| KeyBank NA                                                | KeyBank NA                                                                       | CUSIP: 49327M3E2<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |  24467000 | PA      | $24461399.75  | 0.22%             | 2025-08-08      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                               | ONEOK, Inc.                                                                      | CUSIP: 682680BJ1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   2243000 | PA      | $2314661.02   | 0.02%             | 2028-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                       | Intesa Sanpaolo SpA                                                              | CUSIP: 46115K5C0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | STIV             | CORP              | IT        |  46029000 | PA      | $46087567.30  | 0.42%             | 2026-01-13      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                      | American Tower Corp.                                                             | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   6726000 | PA      | $6637347.15   | 0.06%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                       | New Residential Mortgage Loan Trust, Series 2020-NQM1, Class A1                  | CUSIP: 64830VAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    912274 | PA      | $858589.76    | 0.01%             | 2060-01-26      | Variable      | 2.46%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                 | Mid-America Apartments LP                                                        | CUSIP: 59524NV41<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | STIV             | CORP              | US        |  22635000 | PA      | $22623603.28  | 0.21%             | 2025-08-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | Alexandria Real Estate Equities, Inc.                                            | CUSIP: 01527LV85<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | STIV             | CORP              | US        |  38445000 | PA      | $38406120.57  | 0.35%             | 2025-08-08      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                      | American Express Co.                                                             | CUSIP: 025816DC0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   6644000 | PA      | $6653046.60   | 0.06%             | 2026-02-13      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                          | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBJ8<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  22340000 | PA      | $22398825.46  | 0.21%             | 2028-07-07      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Bell Canada Holdings, Inc.                                | Bell Canada Holdings, Inc.                                                       | CUSIP: 07787PVM7<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  20000000 | PA      | $19948058.00  | 0.18%             | 2025-08-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ameriquest Mortgage Securities, Inc.                      | Ameriquest Mortgage Securities, Inc., Series 2004-R5, Class M1                   | CUSIP: 03072SRX5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     57105 | PA      | $56850.46     | 0.00%             | 2034-07-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                 | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TML6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   9386000 | PA      | $9431523.04   | 0.09%             | 2026-08-07      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                                                     | CUSIP: 225401AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  55035000 | PA      | $54740238.59  | 0.50%             | 2028-01-09      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                            | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0HR3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |  23159000 | PA      | $23130111.23  | 0.21%             | 2025-12-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                               | Penske Truck Leasing Co. LP                                                      | CUSIP: 70962AV11<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |  14375000 | PA      | $14373161.44  | 0.13%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                           | Air Lease Corp.                                                                  | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |  27535000 | PA      | $27298622.76  | 0.25%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                           | Plains All American Pipeline LP                                                  | CUSIP: 72650WV57<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24984255.00  | 0.23%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CSMC Trust                                                | CSMC Trust, Series 2019-NQM1, Class A1                                           | CUSIP: 12655VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1283973 | PA      | $1262986.54   | 0.01%             | 2059-10-25      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                        | Banco Santander SA                                                               | CUSIP: 05964HAX3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  24000000 | PA      | $24546023.04  | 0.23%             | 2027-11-07      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                         | NatWest Group plc                                                                | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  27115000 | PA      | $27296380.91  | 0.25%             | 2027-03-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                         | Wells Fargo & Co.                                                                | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  17462000 | PA      | $17807019.61  | 0.16%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                                                     | CUSIP: 225401AV0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   9217000 | PA      | $9540562.60   | 0.09%             | 2028-08-11      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Loan Extended Note Trust                      | Toyota Auto Loan Extended Note Trust, Series 2021-1A, Class A                    | CUSIP: 89237MAA7<br>LEI: 54930055QDKD6LCRW256 | Long             | ABS-O            | CORP              | US        |   9021000 | PA      | $8847002.95   | 0.08%             | 2034-02-27      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                         | Philip Morris International, Inc.                                                | CUSIP: 718172CU1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |  11382000 | PA      | $11395727.72  | 0.10%             | 2025-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MFA Trust                                                 | MFA Trust, Series 2020-NQM1, Class A1                                            | CUSIP: 552754AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    673585 | PA      | $648472.97    | 0.01%             | 2065-03-25      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                              | DNB Bank ASA                                                                     | CUSIP: 23341CAC7<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |  40213000 | PA      | $40307633.66  | 0.37%             | 2026-10-09      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                  | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  21167000 | PA      | $20862573.88  | 0.19%             | 2028-04-06      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                    | Chase Auto Owner Trust, Series 2024-3A, Class A2                                 | CUSIP: 16144LAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4371943 | PA      | $4382092.61   | 0.04%             | 2027-09-27      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                                                 | CUSIP: 12665JV14<br>LEI: 549300EJG376EN5NQE29 | Long             | STIV             | CORP              | US        |  34266000 | PA      | $34261425.49  | 0.31%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                      | American Express Co.                                                             | CUSIP: 025816DL0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2254000 | PA      | $2262994.43   | 0.02%             | 2026-10-30      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Motorcycle Trust                          | Harley-Davidson Motorcycle Trust, Series 2024-A, Class A2                        | CUSIP: 412922AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1898574 | PA      | $1900531.66   | 0.02%             | 2027-02-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                  | PNC Financial Services Group, Inc. (The)                                         | CUSIP: 693475BL8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  42398000 | PA      | $42406982.02  | 0.39%             | 2027-01-26      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                  | Mizuho Markets Cayman LP                                                         | CUSIP: 60700JCV5<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |  28183000 | PA      | $28191842.13  | 0.26%             | 2025-09-23      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                              | Barclays plc                                                                     | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  10887000 | PA      | $10952452.32  | 0.10%             | 2026-11-02      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                                                 | CUSIP: 12665JV89<br>LEI: 549300EJG376EN5NQE29 | Long             | STIV             | CORP              | US        |   8769000 | PA      | $8759549.65   | 0.08%             | 2025-08-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sabine Pass Liquefaction LLC                              | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AV8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |   1146000 | PA      | $1151589.72   | 0.01%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                      | Royal Bank of Canada                                                             | CUSIP: 78017DAB4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  36742000 | PA      | $36812629.15  | 0.34%             | 2029-01-24      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                      | American Express Co.                                                             | CUSIP: 025816DQ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  28255000 | PA      | $28428889.46  | 0.26%             | 2028-02-16      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                            | Hyundai Auto Receivables Trust, Series 2023-A, Class A3                          | CUSIP: 448979AD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7368136 | PA      | $7369375.57   | 0.07%             | 2027-04-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                           | Jefferies Financial Group, Inc.                                                  | CUSIP: 47233WHZ5<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |  51200000 | PA      | $51180523.01  | 0.47%             | 2026-02-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                         | Wells Fargo & Co.                                                                | CUSIP: 95000U3C5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   4780000 | PA      | $4778971.49   | 0.04%             | 2026-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                          | Boeing Co. (The)                                                                 | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  36777000 | PA      | $36293551.62  | 0.33%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                            | Long Beach Mortgage Loan Trust, Series 2004-1, Class M1                          | CUSIP: 542514EU4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    165341 | PA      | $164097.14    | 0.00%             | 2034-02-25      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Putnam Funds Trust                                        | Putnam Short Term Investment Fund, Class P                                       | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        |      3928 | NS      | $3928.06      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                                                     | CUSIP: 225401AV0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  14625000 | PA      | $15138410.33  | 0.14%             | 2028-08-11      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust                 | SFS Auto Receivables Securitization Trust, Series 2024-1A, Class A2              | CUSIP: 78435VAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    121909 | PA      | $121941.99    | 0.00%             | 2027-06-21      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                               | Capital One Financial Corp.                                                      | CUSIP: 14040HBJ3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  40738000 | PA      | $40664812.55  | 0.37%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                              | Barclays plc                                                                     | CUSIP: 06738ECQ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   7995000 | PA      | $8063079.10   | 0.07%             | 2028-03-12      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| RASC Trust                                                | RASC Trust, Series 2006-KS3, Class M1                                            | CUSIP: 76113ABL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    396987 | PA      | $393932.95    | 0.00%             | 2036-04-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  18145000 | PA      | $18301765.00  | 0.17%             | 2028-02-04      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   9270000 | PA      | $9372740.15   | 0.09%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                              | New York Life Global Funding                                                     | CUSIP: 64953BCA4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  26585000 | PA      | $26649326.93  | 0.24%             | 2028-07-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                             | Owens Corning                                                                    | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |  11423000 | PA      | $11622146.75  | 0.11%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                         | NatWest Group plc                                                                | CUSIP: 639057AG3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  34675000 | PA      | $34923546.59  | 0.32%             | 2026-11-10      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                   | National Bank of Canada                                                          | CUSIP: 63307A2Z7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  18800000 | PA      | $18876081.72  | 0.17%             | 2027-07-02      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley                                                                   | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   9596000 | PA      | $9477682.28   | 0.09%             | 2026-07-27      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| AEGON Funding Co. LLC                                     | AEGON Funding Co. LLC                                                            | CUSIP: 00775VAA2<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | DBT              | CORP              | US        |  32895000 | PA      | $33235583.65  | 0.30%             | 2027-04-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Life Global Funding I                        | Metropolitan Life Global Funding I                                               | CUSIP: 592179KM6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |  30442000 | PA      | $30498028.81  | 0.28%             | 2027-06-11      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                      | Caterpillar Financial Services Corp.                                             | CUSIP: 14913UAT7<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |  36989000 | PA      | $37027425.28  | 0.34%             | 2027-11-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                       | Georgia-Pacific LLC                                                              | CUSIP: 37331NAR2<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |   7815000 | PA      | $7831375.08   | 0.07%             | 2028-06-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                          | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBC3<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  26635000 | PA      | $26728017.41  | 0.25%             | 2026-10-13      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust        | GM Financial Consumer Automobile Receivables Trust, Series 2022-3, Class A3      | CUSIP: 36265WAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6666525 | PA      | $6654031.54   | 0.06%             | 2027-04-16      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                                                 | CUSIP: 12665JW88<br>LEI: 549300EJG376EN5NQE29 | Long             | STIV             | CORP              | US        |   6000000 | PA      | $5967545.40   | 0.05%             | 2025-09-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                        | Honda Auto Receivables Owner Trust, Series 2024-4, Class A2                      | CUSIP: 43816DAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7938291 | PA      | $7939923.43   | 0.07%             | 2027-03-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                         | Eversource Energy                                                                | CUSIP: 30040WAV0<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |  18135000 | PA      | $18141708.86  | 0.17%             | 2026-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                  | Mizuho Markets Cayman LP                                                         | CUSIP: 60700JDE2<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |  27200000 | PA      | $27221994.46  | 0.25%             | 2026-05-01      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                      | Glencore Funding LLC                                                             | CUSIP: 378272AX6<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   5650000 | PA      | $5635053.09   | 0.05%             | 2025-09-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust                  | Capital One Prime Auto Receivables Trust, Series 2022-1, Class A3                | CUSIP: 14043QAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1697284 | PA      | $1690391.73   | 0.02%             | 2027-04-15      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                              | Barclays plc                                                                     | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   9500000 | PA      | $9499999.43   | 0.09%             | 2026-08-09      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                      | American Express Co.                                                             | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  15063000 | PA      | $15125208.83  | 0.14%             | 2027-07-28      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp.                                                            | CUSIP: 06051GMU0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  27300000 | PA      | $27520137.65  | 0.25%             | 2029-05-09      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Protective Life Corp.                                     | Protective Life Corp.                                                            | CUSIP: 74367WVE8<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | STIV             | CORP              | US        |  18811000 | PA      | $18777523.94  | 0.17%             | 2025-08-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA                                                                          | CUSIP: 05583JAC6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   7876000 | PA      | $7695308.73   | 0.07%             | 2027-10-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings, Inc.                                     | PayPal Holdings, Inc.                                                            | CUSIP: 70450YAR4<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |  22690000 | PA      | $22796426.08  | 0.21%             | 2028-03-06      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                      | Royal Bank of Canada                                                             | CUSIP: 78016HZR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  28880000 | PA      | $29099343.02  | 0.27%             | 2026-07-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                               | Citibank NA                                                                      | CUSIP: 17325FBL1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |  23419000 | PA      | $23519629.10  | 0.22%             | 2027-11-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                       | Nissan Auto Receivables Owner Trust, Series 2022-B, Class A3                     | CUSIP: 65480JAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3403757 | PA      | $3401991.35   | 0.03%             | 2027-05-17      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                           | Air Lease Corp.                                                                  | CUSIP: 00914AAW2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |  28570000 | PA      | $28710043.85  | 0.26%             | 2026-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Target Corp.                                              | Target Corp.                                                                     | CUSIP: 87612EBU9<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |  18850000 | PA      | $18910140.36  | 0.17%             | 2028-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank NA                                    | Morgan Stanley Bank NA                                                           | CUSIP: 61690U8D5<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |  37728000 | PA      | $37957581.29  | 0.35%             | 2028-07-14      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                   | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AV2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  15725000 | PA      | $15841891.79  | 0.15%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard, Inc.                            | Alimentation Couche-Tard, Inc.                                                   | CUSIP: 01626UVE2<br>LEI: 549300OSW32RVX8CCZ87 | Long             | STIV             | CORP              | CA        |  20041000 | PA      | $20004904.15  | 0.18%             | 2025-08-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   7921000 | PA      | $7540597.14   | 0.07%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                           | Nordea Bank Abp                                                                  | CUSIP: 65558RAF6<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  14242000 | PA      | $14316383.40  | 0.13%             | 2027-03-19      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                          | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBB5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   9300000 | PA      | $9414665.75   | 0.09%             | 2027-09-18      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                        | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607LWT6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  31583000 | PA      | $32115912.91  | 0.29%             | 2026-10-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Global Funding                        | Northwestern Mutual Global Funding                                               | CUSIP: 66815L2R9<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |  14344000 | PA      | $14510732.93  | 0.13%             | 2027-03-25      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                   | Simon Property Group LP                                                          | CUSIP: 828807CV7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |  18785000 | PA      | $18766804.85  | 0.17%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                              | MassMutual Global Funding II                                                     | CUSIP: 57629TBS5<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |  33620000 | PA      | $33794507.64  | 0.31%             | 2027-04-09      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                               | Truist Bank                                                                      | CUSIP: 89788JAE9<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  45095000 | PA      | $45098237.82  | 0.41%             | 2027-05-20      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 53944YAZ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  23608000 | PA      | $23872685.58  | 0.22%             | 2028-01-05      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                           | Nordea Bank Abp                                                                  | CUSIP: 65558RAM1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  22760000 | PA      | $22842141.75  | 0.21%             | 2028-03-17      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                              | Oracle Corp.                                                                     | CUSIP: 6840C2VN2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | STIV             | CORP              | US        |  24935000 | PA      | $24865648.28  | 0.23%             | 2025-08-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                                                   | CUSIP: 09659W2C7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  21762000 | PA      | $21274359.72  | 0.20%             | 2027-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA                                                                          | CUSIP: 05571AAQ8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  28110000 | PA      | $28716917.39  | 0.26%             | 2027-10-19      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                                               | CUSIP: 22535WAL1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  16000000 | PA      | $15995883.36  | 0.15%             | 2028-09-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                       | Volkswagen Auto Loan Enhanced Trust, Series 2023-1, Class A3                     | CUSIP: 92867WAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5673534 | PA      | $5696951.00   | 0.05%             | 2028-06-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Sprint LLC                                                | Sprint LLC                                                                       | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   9050000 | PA      | $9118932.13   | 0.08%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Citizens Auto Receivables Trust                           | Citizens Auto Receivables Trust, Series 2024-1, Class A2A                        | CUSIP: 17331QAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1450026 | PA      | $1450452.57   | 0.01%             | 2026-10-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                           | Plains All American Pipeline LP                                                  | CUSIP: 72650WV40<br>LEI: 5521FA2ITF25TVH63740 | Long             | STIV             | CORP              | US        |  26308000 | PA      | $26294753.92  | 0.24%             | 2025-08-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                                               | CUSIP: 22535WAL1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  21393000 | PA      | $21387495.80  | 0.20%             | 2028-09-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                        | Banco Bilbao Vizcaya Argentaria SA                                               | CUSIP: 05946KAJ0<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   6400000 | PA      | $6370663.04   | 0.06%             | 2025-09-18      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                       | Nissan Auto Receivables Owner Trust, Series 2025-A, Class A2B                    | CUSIP: 65481GAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19786000 | PA      | $19815841.25  | 0.18%             | 2028-02-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | Deutsche Bank AG                                                                 | CUSIP: 251526CE7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  41656000 | PA      | $41304978.22  | 0.38%             | 2026-11-24      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                      | American Express Co.                                                             | CUSIP: 025816DD8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4585000 | PA      | $4593942.77   | 0.04%             | 2026-02-13      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| CaixaBank SA                                              | CaixaBank SA                                                                     | CUSIP: 12803RAB0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |  59280000 | PA      | $60512464.40  | 0.56%             | 2027-09-13      | Fixed         | 6.68%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                          | ABN AMRO Bank NV                                                                 | CUSIP: 00084DBA7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  39800000 | PA      | $40533692.70  | 0.37%             | 2027-09-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                   | National Bank of Canada                                                          | CUSIP: 63307A3G8<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  27300000 | PA      | $27269467.68  | 0.25%             | 2027-03-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                  | Mizuho Markets Cayman LP                                                         | CUSIP: 60700JCW3<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |  28075000 | PA      | $28092618.19  | 0.26%             | 2025-10-06      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 456837BJ1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  41064000 | PA      | $41477010.21  | 0.38%             | 2027-09-11      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                        | Honda Auto Receivables Owner Trust, Series 2023-4, Class A2                      | CUSIP: 438123AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     23069 | PA      | $23073.50     | 0.00%             | 2026-06-22      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                        | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PHU1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  37442000 | PA      | $37629487.45  | 0.35%             | 2027-09-11      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Howmet Aerospace, Inc.                                    | Howmet Aerospace, Inc.                                                           | CUSIP: 013817AJ0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |  11537000 | PA      | $11777500.30  | 0.11%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                | Australia & New Zealand Banking Group Ltd.                                       | CUSIP: 05252ADS7<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  27645000 | PA      | $27744146.03  | 0.25%             | 2028-06-18      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                                                   | CUSIP: 09659W3B8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  44985000 | PA      | $45510155.34  | 0.42%             | 2029-05-09      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                            | Pacific Life Global Funding II                                                   | CUSIP: 6944PL3A5<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   2634000 | PA      | $2651215.46   | 0.02%             | 2027-02-05      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Golden Credit Card Trust                                  | Golden Credit Card Trust, Series 2022-4A, Class A                                | CUSIP: 380881FP2<br>LEI: 549300BEDPMEONLTJX58 | Long             | ABS-O            | CORP              | CA        |  19535000 | PA      | $19525070.36  | 0.18%             | 2027-09-15      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                      | Caterpillar Financial Services Corp.                                             | CUSIP: 14913UAP5<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |  14073000 | PA      | $14149517.57  | 0.13%             | 2026-10-16      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                        | Banco Bilbao Vizcaya Argentaria SA                                               | CUSIP: 05946KAK7<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |  57052000 | PA      | $57119859.93  | 0.52%             | 2026-09-14      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                                                   | CUSIP: 05581KAA9<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   3332000 | PA      | $3328986.91   | 0.03%             | 2025-09-28      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Pfizer Investment Enterprises Pte. Ltd.                   | Pfizer Investment Enterprises Pte. Ltd.                                          | CUSIP: 716973AB8<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |  45525000 | PA      | $45554852.56  | 0.42%             | 2026-05-19      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                 | Mid-America Apartments LP                                                        | CUSIP: 59524NV17<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | STIV             | CORP              | US        |  21501000 | PA      | $21498299.47  | 0.20%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bank NA                                       | Fifth Third Bank NA                                                              | CUSIP: 31677QBV0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |  20900000 | PA      | $20912790.80  | 0.19%             | 2028-01-28      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Synopsys, Inc.                                            | Synopsys, Inc.                                                                   | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   6350000 | PA      | $6362181.71   | 0.06%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                    | UBS AG                                                                           | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |  17235000 | PA      | $17347439.42  | 0.16%             | 2028-01-10      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                        | Honda Auto Receivables Owner Trust, Series 2023-1, Class A3                      | CUSIP: 43815JAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3974279 | PA      | $3982285.39   | 0.04%             | 2027-04-21      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Siemens Funding BV                                        | Siemens Funding BV                                                               | CUSIP: 82622RAB2<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |  13320000 | PA      | $13357162.80  | 0.12%             | 2028-05-26      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| UDR, Inc.                                                 | UDR, Inc.                                                                        | CUSIP: 90352PVK2<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | STIV             | CORP              | US        |  33910000 | PA      | $33828114.13  | 0.31%             | 2025-08-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  35384000 | PA      | $35430861.86  | 0.33%             | 2028-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEN2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  25379000 | PA      | $25501791.98  | 0.23%             | 2028-10-22      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                     | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675DCL4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  36206000 | PA      | $36541396.09  | 0.34%             | 2028-02-16      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust                  | Capital One Prime Auto Receivables Trust, Series 2023-1, Class A3                | CUSIP: 14043KAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5869876 | PA      | $5881457.54   | 0.05%             | 2028-02-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization Trust                        | Station Place Securitization Trust, Series 2025-1, Class A                       | CUSIP: 85772UAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  37853000 | PA      | $37861607.77  | 0.35%             | 2026-07-23      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                     | Targa Resources Corp.                                                            | CUSIP: 87613EVJ1<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |  26275000 | PA      | $26210442.33  | 0.24%             | 2025-08-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                        | Bank of America NA                                                               | CUSIP: 06428CAA2<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |  11626000 | PA      | $11750604.56  | 0.11%             | 2026-08-18      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                         | Wells Fargo & Co.                                                                | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  39394000 | PA      | $39466048.87  | 0.36%             | 2028-01-24      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                                                 | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   8433602 | PA      | $8441572.51   | 0.08%             | 2026-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                               | Truist Bank                                                                      | CUSIP: 89788JAG4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  31090000 | PA      | $31155782.09  | 0.29%             | 2028-07-24      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                            | Amphenol Corp.                                                                   | CUSIP: 032095AT8<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |  31515000 | PA      | $31597605.86  | 0.29%             | 2028-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                     | Westpac Banking Corp.                                                            | CUSIP: 961214FX6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     65000 | PA      | $65104.72     | 0.00%             | 2026-10-20      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                         | Duke Energy Corp.                                                                | CUSIP: 26441CCB9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |  23835000 | PA      | $24001883.85  | 0.22%             | 2027-01-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                               | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2S0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  19115000 | PA      | $19311662.19  | 0.18%             | 2026-07-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  10296000 | PA      | $10376826.89  | 0.10%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                               | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2V3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   5030000 | PA      | $5087141.35   | 0.05%             | 2026-12-11      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                        | Banco Santander SA                                                               | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  27800000 | PA      | $28046141.20  | 0.26%             | 2028-07-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| FNMA                                                      | FNMA, Series 2010-81, Class AP                                                   | CUSIP: 31398TH53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9065 | PA      | $8641.45      | 0.00%             | 2040-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bell Canada Holdings, Inc.                                | Bell Canada Holdings, Inc.                                                       | CUSIP: 07787PVU9<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  25625000 | PA      | $25536145.31  | 0.23%             | 2025-08-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                  | Bristol-Myers Squibb Co.                                                         | CUSIP: 110122ED6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |  14440000 | PA      | $14486891.30  | 0.13%             | 2026-02-20      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                       | Realty Income Corp.                                                              | CUSIP: 756109AZ7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |  24297000 | PA      | $23713533.30  | 0.22%             | 2026-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                            | Hyundai Auto Receivables Trust, Series 2024-C, Class A2B                         | CUSIP: 448976AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6962344 | PA      | $6966583.98   | 0.06%             | 2027-09-15      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA                                                                          | CUSIP: 05571AAN5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  23930000 | PA      | $23958043.81  | 0.22%             | 2025-09-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                          | Boeing Co. (The)                                                                 | CUSIP: 097023CH6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  21900000 | PA      | $21639055.59  | 0.20%             | 2026-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group, Inc.                                    | WEC Energy Group, Inc.                                                           | CUSIP: 92939UAM8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |  13357000 | PA      | $13498770.00  | 0.12%             | 2026-09-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                            | Hyundai Auto Receivables Trust, Series 2023-C, Class A2A                         | CUSIP: 44918CAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    991988 | PA      | $992622.72    | 0.01%             | 2027-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                                                     | CUSIP: 225401AF5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  11373000 | PA      | $11192175.33  | 0.10%             | 2029-01-12      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                        | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PJ21<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  36270000 | PA      | $36452090.63  | 0.33%             | 2029-03-30      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | Deutsche Bank AG                                                                 | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $511170.39    | 0.00%             | 2027-07-13      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| FNMA                                                      | FNMA, Series 2011-60, Class PA                                                   | CUSIP: 31397U3J6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3114 | PA      | $2915.80      | 0.00%             | 2039-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  15362000 | PA      | $14624246.09  | 0.13%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                   | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AS9<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  23295000 | PA      | $23298835.29  | 0.21%             | 2025-08-08      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                                              | CUSIP: 83368RBQ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   5545000 | PA      | $5582525.95   | 0.05%             | 2027-01-12      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                          | Boeing Co. (The)                                                                 | CUSIP: 097023BR5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  14811000 | PA      | $14506390.46  | 0.13%             | 2026-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust                                     | Arroyo Mortgage Trust, Series 2019-3, Class A1                                   | CUSIP: 04285AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3007948 | PA      | $2854280.80   | 0.03%             | 2048-10-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                         | Wells Fargo & Co.                                                                | CUSIP: 95000U3M3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  23788000 | PA      | $23950888.09  | 0.22%             | 2028-04-22      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                      | Boston Properties LP                                                             | CUSIP: 10113BVB1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |   8625000 | PA      | $8612924.14   | 0.08%             | 2025-08-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                 | Corebridge Global Funding                                                        | CUSIP: 00138CAW8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |  42912000 | PA      | $43214561.78  | 0.40%             | 2026-09-25      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | Alexandria Real Estate Equities, Inc.                                            | CUSIP: 01527LV10<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29996223.00  | 0.28%             | 2025-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                     | Athene Global Funding                                                            | CUSIP: 04685A4A6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  28083000 | PA      | $28188376.96  | 0.26%             | 2026-08-27      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                               | PNC Bank NA                                                                      | CUSIP: 69353RFX1<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |  18040000 | PA      | $18049030.64  | 0.17%             | 2027-01-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 45685NAA4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   8295000 | PA      | $8295693.71   | 0.08%             | 2026-01-06      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                   | Hyundai Capital America                                                          | CUSIP: 44891ABZ9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  13546000 | PA      | $13100939.53  | 0.12%             | 2026-09-17      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                           | Intercontinental Exchange, Inc.                                                  | CUSIP: 45856WV89<br>LEI: 5493000F4ZO33MV32P92 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19979404.93  | 0.18%             | 2025-08-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kenvue, Inc.                                              | Kenvue, Inc.                                                                     | CUSIP: 49177JAD4<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |  18000000 | PA      | $18082616.94  | 0.17%             | 2026-03-22      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                          | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505BA0<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   4860000 | PA      | $4893493.32   | 0.04%             | 2027-03-05      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                                                     | CUSIP: 225401AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    823000 | PA      | $809509.38    | 0.01%             | 2027-02-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                   | Hyundai Capital America                                                          | CUSIP: 44891ACZ8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  30094000 | PA      | $30168298.47  | 0.28%             | 2027-03-19      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                  | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAT0<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |  31545000 | PA      | $31758286.47  | 0.29%             | 2028-05-23      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                                                     | CUSIP: 456837AH6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   5000000 | PA      | $4961262.65   | 0.05%             | 2027-03-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BA Credit Card Trust                                      | BA Credit Card Trust, Series 2022-A2, Class A2                                   | CUSIP: 05522RDF2<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |  19000000 | PA      | $19027966.10  | 0.17%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                              | National Australia Bank Ltd.                                                     | CUSIP: 632525BW0<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |  22921000 | PA      | $22992141.28  | 0.21%             | 2027-10-26      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RBY2<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   9714000 | PA      | $9746171.99   | 0.09%             | 2028-07-21      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                               | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A3B6<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  32380000 | PA      | $32492762.38  | 0.30%             | 2026-12-17      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                      | American Express Co.                                                             | CUSIP: 025816EE5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  36000000 | PA      | $36539966.52  | 0.34%             | 2029-04-25      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                        | Essex Portfolio LP                                                               | CUSIP: 29717EV74<br>LEI: 5493003GN3O58H286O74 | Long             | STIV             | CORP              | US        |  32025000 | PA      | $31996728.33  | 0.29%             | 2025-08-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                | US Bank NA                                                                       | CUSIP: 90331HPS6<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |  17950000 | PA      | $18032099.89  | 0.17%             | 2028-05-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                                                 | CUSIP: 12665JWR6<br>LEI: 549300EJG376EN5NQE29 | Long             | STIV             | CORP              | US        |  21690000 | PA      | $21519859.30  | 0.20%             | 2025-09-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization Trust                        | Station Place Securitization Trust, Series 2024-10, Class A                      | CUSIP: 85779PAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  29235000 | PA      | $29379026.23  | 0.27%             | 2025-10-27      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust                  | Capital One Prime Auto Receivables Trust, Series 2024-1, Class A2A               | CUSIP: 14043NAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7121930 | PA      | $7122531.84   | 0.07%             | 2027-10-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                  | Lloyds Banking Group plc                                                         | CUSIP: 539439BD0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  13085000 | PA      | $13164212.40  | 0.12%             | 2029-06-13      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                        | State Street Corp.                                                               | CUSIP: 857477CZ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  13530000 | PA      | $13600687.89  | 0.12%             | 2028-04-24      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                             | Netflix, Inc.                                                                    | CUSIP: 64110LAT3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |  14540000 | PA      | $15252297.59  | 0.14%             | 2028-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                              | New York Life Global Funding                                                     | CUSIP: 64953BBV9<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  22555000 | PA      | $22780531.05  | 0.21%             | 2028-04-25      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA plc                                 | Rio Tinto Finance USA plc                                                        | CUSIP: 76720AAY2<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |  13620000 | PA      | $13726772.36  | 0.13%             | 2028-03-14      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                | US Bank NA                                                                       | CUSIP: 90331HPT4<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |  22440000 | PA      | $22565664.45  | 0.21%             | 2028-05-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                                            | CUSIP: 65339KBS8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  45760000 | PA      | $45789313.40  | 0.42%             | 2025-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                | Mars, Inc.                                                                       | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |  31313000 | PA      | $31367401.64  | 0.29%             | 2027-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                               | Nationwide Building Society                                                      | CUSIP: 63861VAG2<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  20110000 | PA      | $20277087.15  | 0.19%             | 2028-02-16      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank (The)                            | Huntington National Bank (The)                                                   | CUSIP: 44644MAK7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |  11275000 | PA      | $11336542.56  | 0.10%             | 2028-04-12      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                           | Jefferies Financial Group, Inc.                                                  | CUSIP: 47233WJG5<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |  46461000 | PA      | $46503315.75  | 0.43%             | 2026-03-16      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                    | Truist Financial Corp.                                                           | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  11167000 | PA      | $11284815.87  | 0.10%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Brown & Brown, Inc.                                       | Brown & Brown, Inc.                                                              | CUSIP: 115236AH4<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |  13470000 | PA      | $13497867.41  | 0.12%             | 2026-12-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                      | Glencore Funding LLC                                                             | CUSIP: 378272BX5<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |  18325000 | PA      | $18347282.65  | 0.17%             | 2026-10-01      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| FNMA                                                      | FNMA, Series 2010-90, Class GF                                                   | CUSIP: 31398TXE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    141281 | PA      | $140390.67    | 0.00%             | 2040-08-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                               | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A3F7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  32060000 | PA      | $32164299.52  | 0.30%             | 2028-01-31      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                              | Marriott International, Inc., Series R                                           | CUSIP: 571903AS2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |  15266000 | PA      | $15086458.10  | 0.14%             | 2026-06-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Swedbank AB                                               | Swedbank AB                                                                      | CUSIP: 87020PAX5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |  26255000 | PA      | $26723521.79  | 0.25%             | 2026-09-12      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust                   | Capital One Multi-Asset Execution Trust, Series 2022-A3, Class A                 | CUSIP: 14041NGB1<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |  15735000 | PA      | $15749208.71  | 0.14%             | 2027-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CRH America Finance, Inc.                                 | CRH America Finance, Inc.                                                        | CUSIP: 12636CW22<br>LEI: 549300WEVUODRJ4CWK56 | Long             | STIV             | CORP              | US        |   7190000 | PA      | $7159873.18   | 0.07%             | 2025-09-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                               | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2K7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  13990000 | PA      | $14023219.26  | 0.13%             | 2026-01-09      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| NatWest Group plc                                         | NatWest Group plc                                                                | CUSIP: 639057AM0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  44560000 | PA      | $44853478.84  | 0.41%             | 2028-03-01      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                | Australia & New Zealand Banking Group Ltd.                                       | CUSIP: 05252ADM0<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  29090000 | PA      | $29211516.20  | 0.27%             | 2027-09-30      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-02

**Name of Applicant:** Putnam Funds Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer