# EDGAR Filing Document

**Accession Number:** 0001084380
**File Stem:** 0001752724-23-070478
**Filing Date:** 2023-3
**Character Count:** 128961
**Document Hash:** 29f4ee56273f3734584521599987ed2a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-070478.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-070478

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIAA-CREF FUNDS
- **CENTRAL INDEX KEY:** 0001084380
- **IRS NUMBER:** 134055167
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09301
- **FILM NUMBER:** 23771749

**BUSINESS ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2129166746

**MAIL ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TIAA CREF INSTITUTIONAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19990415

## Series and Classes Contracts Data

### TIAA-CREF Emerging Markets Debt Fund (Series ID: S000046660)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000145608 | Institutional Class | TEDNX           |
| C000145609 | Premier Class       | TEDPX           |
| C000145610 | Retail Class        | TEDLX           |
| C000145611 | Retirement Class    | TEDTX           |
| C000162600 | Advisor Class       | TEDHX           |
| C000202766 | Class W             | TEDVX           |

## Nport-Ex

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TIAA-CREF Funds

- **b. Investment Company Act file number:** 811-09301

- **c. CIK number of Registrant:** 0001084380

- **d. LEI of Registrant:** 549300L8R42TEBN5NG46

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

  - **Street Address 1:** 730 Third Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 800-842-2733

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

- **a. Name of Series:** TIAA-CREF Emerging Markets Debt Fund

- **b. EDGAR series identifier (if any):** S000046660

- **c. LEI of Series:** 549300WLIUEOX123JU96

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $462746038.00

**Total Liabilities:** $14783606.00

**Net Assets:** $447962432.00

**Delayed Delivery Securities:** $496315.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -23.40000000 | **1-Year:** -1910.51000000 | **5-Year:** -19830.92000000 | **10-Year:** -42934.10000000 | **30-Year:** -54398.17000000

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

- **3-Month:** -137.76000000 | **1-Year:** -6404.90000000 | **5-Year:** -49418.64000000 | **10-Year:** -64969.47000000 | **30-Year:** -45096.45000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000202766 | 7.77%                | 1.05%                | 3.32%                |
| Class ID C000145609 | 7.63%                | 0.98%                | 3.32%                |
| Class ID C000145610 | 7.77%                | 0.84%                | 3.32%                |
| Class ID C000162600 | 7.74%                | 0.86%                | 3.32%                |
| Class ID C000145608 | 7.77%                | 0.89%                | 3.32%                |
| Class ID C000145611 | 7.63%                | 0.97%                | 3.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4651435.49             | $39614695.48                               |
| Month 2  | $-190500.14              | $2777849.53                                |
| Month 3  | $-8242840.91             | $21729959.77                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| REPUBLIC OF NIGERIA             | Nigeria Government International Bond                                       | CUSIP: 65412JAA1<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    1550000 | PA      | $1166914.88   | 0.26%             | 2032-02-16      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA              | Angolan Government International Bond                                       | CUSIP: 035198AD2<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    1250000 | PA      | $1158787.29   | 0.26%             | 2029-11-26      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF IRAQ                | Iraq Government International Bond                                          | CUSIP: 462652AA6<br>LEI: N/A                  | Long             | DBT              | NUSS              | IQ        |    2546875 | PA      | $2358331.42   | 0.53%             | 2028-01-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| CIA CERVECERIAS UNIDAS          | Cia Cervecerias Unidas S.A.                                                 | CUSIP: 204429AA2<br>LEI: 529900BJW9B0O6LI2R39 | Long             | DBT              | CORP              | CL        |    2250000 | PA      | $1946250.00   | 0.43%             | 2032-01-19      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| ALFA DESARROLLO SPA             | Alfa Desarrollo S.p.A                                                       | CUSIP: 01538TAA3<br>LEI: 2549006BJAN34R520038 | Long             | DBT              | CORP              | CL        |    2391251 | PA      | $1917663.87   | 0.43%             | 2051-09-27      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT           | Costa Rica Government International Bond                                    | CUSIP: 221602AC9<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    1075000 | PA      | $1042750.00   | 0.23%             | 2044-04-04      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SA         | EnfraGen Energia Sur S.A.                                                   | CUSIP: 29280LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |    2000000 | PA      | $1427954.90   | 0.32%             | 2030-12-30      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ESKOM HOLDINGS SOC LTD          | Eskom Holdings SOC Ltd                                                      | CUSIP: 29646AAB2<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    2000000 | PA      | $1911229.68   | 0.43%             | 2025-02-11      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE         | Teva Pharmaceutical Finance Netherlands III BV                              | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    1335000 | PA      | $1231116.98   | 0.27%             | 2029-05-09      | Fixed         | 5.12%                 | No            |                  2 | On Loan: —       |
| SAUDI INTERNATIONAL BOND        | Saudi Government International Bond                                         | CUSIP: 80413TAW9<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    1500000 | PA      | $1083855.57   | 0.24%             | 2061-02-02      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| PANAMA NOTAS DEL TESORO         | Panama Notas del Tesoro                                                     | CUSIP: ZS1514182<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1125000 | PA      | $1067906.25   | 0.24%             | 2026-04-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY              | Turkey Government International Bond                                        | CUSIP: 900123CP3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2325000 | PA      | $1986073.78   | 0.44%             | 2028-02-17      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO            | Saudi Arabian Oil Co                                                        | CUSIP: 80414L2F1<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    2500000 | PA      | $2219149.80   | 0.50%             | 2049-04-16      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: —       |
| OMAN GOV INTERNTL BOND          | Oman Government International Bond                                          | CUSIP: 68205LAS2<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1500000 | PA      | $1552884.12   | 0.35%             | 2031-01-25      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| CEMEX SAB DE CV                 | Cemex SAB de C.V.                                                           | CUSIP: 151290BZ5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    1875000 | PA      | $1580925.00   | 0.35%             | 2031-07-11      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CEMEX SAB DE CV                 | Cemex SAB de C.V.                                                           | CUSIP: 151290CA9<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    2025000 | PA      | $1863405.00   | 0.42%             | N/A             | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL          | Brazilian Government International Bond                                     | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1400000 | PA      | $1027003.28   | 0.23%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UGANDA GOVERNMENT BOND          | Republic of Uganda Government Bonds                                         | CUSIP: EK4656584<br>LEI: 549300NF1DEFHG8XLQ11 | Long             | DBT              | NUSS              | UG        | 6750000000 | PA      | $1780106.46   | 0.40%             | 2029-08-23      | Fixed         | 14.25%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                | Peruvian Government International Bond                                      | CUSIP: 715638DS8<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1800000 | PA      | $1353512.21   | 0.30%             | 2041-03-11      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ENN CLEAN ENERGY                | ENN Clean Energy International Investment Ltd                               | CUSIP: 268733AA0<br>LEI: 3003009YZ3S5V395NR77 | Long             | DBT              | CORP              | VG        |    2500000 | PA      | $2276982.33   | 0.51%             | 2026-05-12      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| FREEPORT INDONESIA PT           | Freeport Indonesia PT                                                       | CUSIP: 69377FAB2<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    1860000 | PA      | $1767224.87   | 0.39%             | 2032-04-14      | Fixed         | 5.32%                 | Yes           |                  2 | On Loan: No      |
| SANDS CHINA LTD                 | Sands China Ltd                                                             | CUSIP: 80007RAS4<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    2000000 | PA      | $1672657.00   | 0.37%             | 2031-08-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SENEGAL             | Senegal Government International Bond                                       | CUSIP: 81720TAC9<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |    1325000 | PA      | $1143701.58   | 0.26%             | 2033-05-23      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| HONDURAS GOVERNMENT             | Honduras Government International Bond                                      | CUSIP: 438180AH4<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |     775000 | PA      | $682928.52    | 0.15%             | 2027-01-19      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY        | Uruguay Government International Bond                                       | CUSIP: 760942BE1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     600000 | PA      | $663712.33    | 0.15%             | 2034-10-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AUTOPISTAS DEL SOL SA           | Autopistas del Sol S.A.                                                     | CUSIP: 05330RAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | CR        |    1991574 | PA      | $1835101.85   | 0.41%             | 2030-12-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE        | Petrobras Global Finance BV                                                 | CUSIP: 71647NBJ7<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $469500.00    | 0.10%             | 2051-06-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF RWANDA              | Rwanda International Government Bond                                        | CUSIP: 78347YAL7<br>LEI: 213800DQC28OBRZDYJ87 | Long             | DBT              | NUSS              | RW        |    3075000 | PA      | $2341723.45   | 0.52%             | 2031-08-09      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| JSM GLOBAL SARL                 | JSM Global Sarl                                                             | CUSIP: 46592BAA0<br>LEI: 222100JFIJNVE1XMFY68 | Long             | DBT              | CORP              | LU        |    3250000 | PA      | $528125.00    | 0.12%             | 2030-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| KINGDOM OF JORDAN               | Jordan Government International Bond                                        | CUSIP: 418097AL5<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |    1500000 | PA      | $1381486.77   | 0.31%             | 2030-07-07      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| SOCIALIST REP OF VIETNAM        | Vietnam Government International Bond                                       | CUSIP: 92671CAA6<br>LEI: 5493008AE7RS4XK4BZ08 | Long             | DBT              | NUSS              | VN        |    1475000 | PA      | $1454262.03   | 0.32%             | 2024-11-19      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO        | OCP S.A.                                                                    | CUSIP: 67091TAD7<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     650000 | PA      | $548451.01    | 0.12%             | 2031-06-23      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC              | Dominican Republic Government International Bond                            | CUSIP: 25714PEA2<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   22500000 | PA      | $375660.79    | 0.08%             | 2026-06-05      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)          | Pertamina Persero PT                                                        | CUSIP: 69370PAH4<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |    1500000 | PA      | $1308340.19   | 0.29%             | 2030-08-27      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| GENM CAPITAL LABUAN             | Genm Capital Labuan Ltd                                                     | CUSIP: 37231BAA6<br>LEI: 254900DWSHIWTSE0YG58 | Long             | DBT              | CORP              | MY        |    3000000 | PA      | $2434603.17   | 0.54%             | 2031-04-19      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| DUBAI GOVT INT'L BONDS          | Emirate of Dubai Government International Bonds                             | CUSIP: ZO2911030<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    2600000 | PA      | $1980634.03   | 0.44%             | 2050-09-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NPC UKRENERGO                   | NPC Ukrenergo                                                               | CUSIP: 63718LAA2<br>LEI: 8945009LCLS92V4AK321 | Long             | DBT              | CORP              | UA        |    2225000 | PA      | $381615.09    | 0.09%             | 2028-11-09      | Fixed         | 6.88%                 | Yes           |                  3 | On Loan: No      |
| AKBANK TAS                      | Akbank T.A.S.                                                               | CUSIP: 00971YAG5<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |    2000000 | PA      | $1913605.56   | 0.43%             | 2026-02-06      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| TENGIZCHEVROIL FIN CO IN        | Tengizchevroil Finance Co International Ltd                                 | CUSIP: 88034QAA5<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |    2800000 | PA      | $2478907.17   | 0.55%             | 2026-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA        | South Africa Government International Bond                                  | CUSIP: 836205AU8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    3000000 | PA      | $2728671.00   | 0.61%             | 2028-10-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA           | Argentine Republic Government International Bond (Step Bond)                | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    5134989 | PA      | $1578066.49   | 0.35%             | 2035-07-09      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TURKIYE GARANTI BANKASI         | Turkiye Garanti Bankasi AS.                                                 | CUSIP: 900148AE7<br>LEI: 5493002XSS7K7RHN1V37 | Long             | DBT              | CORP              | TR        |    2000000 | PA      | $1834836.00   | 0.41%             | 2027-05-24      | Fixed         | 7.18%                 | Yes           |                  2 | On Loan: No      |
| HUNGARY                         | Hungary Government International Bond                                       | CUSIP: 445545AN6<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     750000 | PA      | $470723.82    | 0.11%             | 2051-09-21      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| CIA DE MINAS BUENAVENTUR        | Cia de Minas Buenaventura SAA                                               | CUSIP: 204448AA2<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |    1225000 | PA      | $1071875.00   | 0.24%             | 2026-07-23      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC BON          | Dominican Republic Government International Bond                            | CUSIP: 25714PDR6<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   27000000 | PA      | $464656.92    | 0.10%             | 2027-02-05      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD              | Leviathan Bond Ltd                                                          | CUSIP: BK6709079<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    1800000 | PA      | $1751896.84   | 0.39%             | 2030-06-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC          | AngloGold Ashanti Holdings plc                                              | CUSIP: 03512TAF8<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |    1725000 | PA      | $1550242.35   | 0.35%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT          | Egypt Government International Bond                                         | CUSIP: 03846JAD2<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1150000 | PA      | $952265.92    | 0.21%             | 2027-09-30      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital Services | EUR230306                                                                   | CUSIP: EUR230306<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              | CORP              | US        |          1 | NC      | $7618.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA             | Nigeria Government International Bond                                       | CUSIP: 65412JAS2<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     950000 | PA      | $678131.77    | 0.15%             | 2033-09-28      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN         | Pakistan Government International Bond                                      | CUSIP: 695847AT0<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    1700000 | PA      | $704310.00    | 0.16%             | 2031-04-08      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| UKREXIMBANK(BIZ FIN PLC)        | Ukreximbank Via Biz Finance plc                                             | CUSIP: UV3699146<br>LEI: 254900R5STMV7BZYC307 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $238200.00    | 0.05%             | 2025-01-22      | Fixed         | 9.75%                 | Yes           |                  3 | On Loan: No      |
| EMPRESA NACIONAL DEL PET        | Empresa Nacional del Petroleo                                               | CUSIP: 29245JAM4<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |    1775000 | PA      | $1513328.44   | 0.34%             | 2031-09-16      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GHANA               | Ghana Government International Bond                                         | CUSIP: 37443GAK7<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    3325000 | PA      | $1115032.10   | 0.25%             | 2025-04-07      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO              | Morocco Government International Bond                                       | CUSIP: 617726AL8<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    1775000 | PA      | $1417987.61   | 0.32%             | 2032-12-15      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL          | Brazilian Government International Bond                                     | CUSIP: 105756CC2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    3100000 | PA      | $2741984.04   | 0.61%             | 2030-06-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR        | Perusahaan Listrik Negara PT                                                | CUSIP: 71568PAB5<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    1000000 | PA      | $889674.96    | 0.20%             | 2042-10-24      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ALICORP SAA                     | Alicorp SAA                                                                 | CUSIP: 016234AC0<br>LEI: 549300Z1XH47TTIIJS11 | Long             | DBT              | CORP              | PE        |    9000000 | PA      | $2176853.06   | 0.49%             | 2027-04-17      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA        | Republic of South Africa Government International Bond                      | CUSIP: 836205BC7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1625000 | PA      | $1507915.73   | 0.34%             | 2032-04-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS             | Petroleos Mexicanos                                                         | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    4647000 | PA      | $4042992.23   | 0.90%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| GRUPO AEROMEXICO SAB            | Grupo Aeromexico SAB de C.V.                                                | CUSIP: 40054JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    8833000 | PA      | $8000015.59   | 1.79%             | 2027-03-17      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| TRANSNET SOC LTD                | Transnet SOC Ltd                                                            | CUSIP: 89378TAD5<br>LEI: 378900B07CD6F01EA796 | Long             | DBT              | CORP              | ZA        |    2725000 | PA      | $2731812.50   | 0.61%             | 2028-02-06      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| SHIMAO GROUP HLDGS LTD          | Shimao Group Holdings Ltd                                                   | CUSIP: AO0807757<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $231232.36    | 0.05%             | 2023-07-03      | Fixed         | 4.75%                 | No            |                  3 | On Loan: No      |
| AEROPUERTOS DOMINICANOS         | Aeropuertos Dominicanos Siglo XXI S.A.                                      | CUSIP: 007866AC0<br>LEI: 254900KJA5MXNPYB4W32 | Long             | DBT              | CORP              | DO        |    2500000 | PA      | $2481250.00   | 0.55%             | 2029-03-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| DAE FUNDING LLC                 | DAE Funding LLC                                                             | CUSIP: 23371DAG9<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    1325000 | PA      | $1199976.95   | 0.27%             | 2028-03-20      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| INSTITUTO COSTARRICENSE         | Instituto Costarricense de Electricidad                                     | CUSIP: 45777VAE7<br>LEI: 5493009VA6AFUB2Q0289 | Long             | DBT              | CORP              | CR        |    1800000 | PA      | $1736011.03   | 0.39%             | 2031-10-07      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L            | Abu Dhabi Government International Bond                                     | CUSIP: 29135LAF7<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    2650000 | PA      | $1997130.15   | 0.45%             | 2049-09-30      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| PELABUHAN INDO PERSERO          | Pelabuhan Indonesia II PT                                                   | CUSIP: 69370NAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | ID        |    1000000 | PA      | $979950.00    | 0.22%             | 2025-05-05      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| EMBOTELLADORA ANDINA SA         | Embotelladora Andina S.A.                                                   | CUSIP: 29081PAF2<br>LEI: 254900NNPKP1J9XTSA53 | Long             | DBT              | CORP              | CL        |    2075000 | PA      | $1577000.00   | 0.35%             | 2050-01-21      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC          | AngloGold Ashanti Holdings plc                                              | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |    2000000 | PA      | $1774339.66   | 0.40%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANCO DEL ESTADO -CHILE         | Banco del Estado de Chile                                                   | CUSIP: 05965MAG8<br>LEI: 5493004R4EJC0W0XVQ72 | Long             | DBT              | CORP              | CL        |    2000000 | PA      | $1910893.26   | 0.43%             | 2025-01-09      | Fixed         | 2.70%                 | Yes           |                  2 | On Loan: No      |
| OQ SAOC                         | OQ SAOC                                                                     | CUSIP: 67624L2A5<br>LEI: 549300YK417GKI6EQ392 | Long             | DBT              | CORP              | OM        |    2500000 | PA      | $2404922.30   | 0.54%             | 2028-05-06      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL        | Brazil Notas do Tesouro Nacional Serie F                                    | CUSIP: JV5341526<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    5982000 | PA      | $1080747.77   | 0.24%             | 2027-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CODELCO INC                     | Corp Nacional del Cobre de Chile                                            | CUSIP: 21987BBD9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    1675000 | PA      | $1224663.00   | 0.27%             | 2051-01-15      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA        | South Africa Government International Bond                                  | CUSIP: EI2585962<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   54025000 | PA      | $2585055.92   | 0.58%             | 2031-02-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CABLE ONDA SA                   | Cable Onda S.A.                                                             | CUSIP: 12686LAA7<br>LEI: 5299008Q5GONPYNF9J32 | Long             | DBT              | CORP              | PA        |    1175000 | PA      | $1048687.50   | 0.23%             | 2030-01-30      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| TURK IHRACAT KR                 | Turkiye Ihracat Kredi Bankasi AS.                                           | CUSIP: 90016LAA4<br>LEI: 789000JVRVYLAXGDWR11 | Long             | DBT              | NUSS              | TR        |    2500000 | PA      | $2253275.25   | 0.50%             | 2026-07-06      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA            | Colombia Government International Bond                                      | CUSIP: 195325EG6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     500000 | PA      | $494103.08    | 0.11%             | 2034-02-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND          | Oman Government International Bond                                          | CUSIP: 682051AJ6<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1025000 | PA      | $1009132.28   | 0.23%             | 2048-01-17      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II            | Teva Pharmaceutical Finance Netherlands II BV                               | CUSIP: BS1759429<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    2000000 | PA      | $1872508.47   | 0.42%             | 2030-05-09      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR             | Ecuador Government International Bond (Step Bond)                           | CUSIP: ZO2104214<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    4637020 | PA      | $2248177.49   | 0.50%             | 2035-07-31      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA            | Colombia Government International Bond                                      | CUSIP: 195325DR3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    2000000 | PA      | $1557253.04   | 0.35%             | 2030-01-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA        | Export-Import Bank of Korea                                                 | CUSIP: 302154DK2<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    2102000 | PA      | $1511442.70   | 0.34%             | 2041-06-29      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| UKRAINE GOVERNMENT              | Ukraine Government International Bond                                       | CUSIP: 903724AS1<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1925000 | PA      | $411911.50    | 0.09%             | 2027-09-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS             | Petroleos Mexicanos                                                         | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    5219000 | PA      | $4332111.53   | 0.97%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC              | Dominican Republic International Bond                                       | CUSIP: 25714PEP9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1195000 | PA      | $1124098.18   | 0.25%             | 2029-02-22      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ODEBRECHT OIL & FINANCE         | Odebrecht Oil & Gas Finance Ltd                                             | CUSIP: 67576JAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     527012 | PA      | $197.63       | 0.00%             | N/A             | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| GRUPO AVAL LTD                  | Grupo Aval Ltd                                                              | CUSIP: 40053FAC2<br>LEI: 549300J4FW1ELLQ80113 | Long             | DBT              | CORP              | KY        |    2075000 | PA      | $1719967.50   | 0.38%             | 2030-02-04      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA           | Sri Lanka Government International Bond                                     | CUSIP: 85227SAV8<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |     800000 | PA      | $271864.62    | 0.06%             | 2023-04-18      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT          | Egypt Government International Bond                                         | CUSIP: 03846JW71<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    4275000 | PA      | $3527559.00   | 0.79%             | 2029-03-01      | Fixed         | 7.60%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF CAMEROON            | Republic of Cameroon International Bond                                     | CUSIP: BQ3349835<br>LEI: 54930021BO6NHYGBBV24 | Long             | DBT              | NUSS              | CM        |    1000000 | PA      | $826821.30    | 0.18%             | 2032-07-07      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| INVEST ENERGY RES LTD           | Investment Energy Resources Ltd                                             | CUSIP: 46143NAB6<br>LEI: 254900A71Y7WHN7L5K89 | Long             | DBT              | CORP              | BM        |    1650000 | PA      | $1575033.29   | 0.35%             | 2029-04-26      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND          | Oman Government International Bond                                          | CUSIP: 682051AE7<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1900000 | PA      | $1900404.30   | 0.42%             | 2027-03-08      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| EMPRESA DE LOS FERROCARR        | Empresa de los Ferrocarriles del Estado                                     | CUSIP: 292487AA3<br>LEI: 8755006LY8XNRFOGWN86 | Long             | DBT              | CORP              | CL        |    2000000 | PA      | $1268731.96   | 0.28%             | 2050-08-18      | Fixed         | 3.07%                 | Yes           |                  2 | On Loan: No      |
| MISC CAPITAL TWO LABUAN         | Misc Capital Two Labuan Ltd                                                 | CUSIP: 60475DAB7<br>LEI: 9845000ED8376T875113 | Long             | DBT              | CORP              | MY        |    4045000 | PA      | $3740777.25   | 0.84%             | 2027-04-06      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR          | Millicom International Cellular S.A.                                        | CUSIP: 600814AR8<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     725000 | PA      | $613712.50    | 0.14%             | 2031-04-27      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: —       |
| ARAB REPUBLIC OF EGYPT          | Egypt Government International Bond                                         | CUSIP: 03846JX39<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1000000 | PA      | $677520.00    | 0.15%             | 2059-11-20      | Fixed         | 8.15%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF POLAND              | Poland Government International Bond                                        | CUSIP: 731011AU6<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     475000 | PA      | $457960.43    | 0.10%             | 2026-04-06      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ESKOM HOLDINGS SOC LTD          | Eskom Holdings SOC Ltd                                                      | CUSIP: 29646AAD8<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    1600000 | PA      | $1536231.39   | 0.34%             | 2028-08-10      | Fixed         | 8.45%                 | Yes           |                  2 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN        | Empresas Publicas de Medellin ESP                                           | CUSIP: 29246BAE8<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |    2000000 | PA      | $1643877.02   | 0.37%             | 2029-07-18      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL        | Brazil Notas do Tesouro Nacional Serie F                                    | CUSIP: EK0169285<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    5000000 | PA      | $939711.43    | 0.21%             | 2025-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN              | Bahrain Government International Bond                                       | CUSIP: 05674RAK0<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    1000000 | PA      | $928529.31    | 0.21%             | 2047-09-20      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA              | Angolan Government International Bond                                       | CUSIP: 035198AC4<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    1950000 | PA      | $1735441.83   | 0.39%             | 2048-05-08      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT OF UKRAINE           | Ukraine Government International Bond                                       | CUSIP: AZ0965097<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |   37000000 | PA      | $721370.11    | 0.16%             | 2025-02-26      | Fixed         | 15.84%                | No            |                  3 | On Loan: No      |
| BANQUE OUEST AFRICAINE D        | Banque Ouest Africaine de Developpement                                     | CUSIP: 06675QAC7<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | N/A       |    1475000 | PA      | $1302978.54   | 0.29%             | 2031-10-22      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| AFRICAN EXPORT-IMPORT BA        | African Export-Import Bank                                                  | CUSIP: 00831TAB7<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | N/A       |     975000 | PA      | $884453.61    | 0.20%             | 2026-05-17      | Fixed         | 2.63%                 | Yes           |                  2 | On Loan: No      |
| KAZTRANSGAS JSC                 | KazTransGas JSC                                                             | CUSIP: 48668NAA9<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |    2475000 | PA      | $2265744.34   | 0.51%             | 2027-09-26      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN GAS CORRIDOR           | Southern Gas Corridor CJSC                                                  | CUSIP: 84302LAA0<br>LEI: 213800DG58KG59XY6318 | Long             | DBT              | CORP              | AZ        |    1525000 | PA      | $1571619.08   | 0.35%             | 2026-03-24      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| SIERRACOL ENRGY ANDINA          | SierraCol Energy Andina LLC                                                 | CUSIP: 82653LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2200000 | PA      | $1814954.72   | 0.41%             | 2028-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO         | KazMunayGas National Co JSC                                                 | CUSIP: 48667QAN5<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |    1800000 | PA      | $1667216.54   | 0.37%             | 2027-04-19      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MONGOLIA INTL BOND              | Mongolia Government International Bond                                      | CUSIP: 60937LAC9<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |    1900000 | PA      | $1772173.53   | 0.40%             | 2026-04-07      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA            | Colombia Government International Bond                                      | CUSIP: 195325DQ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     950000 | PA      | $668363.34    | 0.15%             | 2049-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ROMANIA                         | Romanian Government International Bond                                      | CUSIP: 77586RAJ9<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    1400000 | PA      | $978737.12    | 0.22%             | 2051-02-14      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| VEON HOLDINGS BV                | VEON Holdings BV                                                            | CUSIP: BR3893251<br>LEI: 5493000XDKGUH5NQGE22 | Long             | DBT              | CORP              | NL        |  158400000 | PA      | $338407.31    | 0.08%             | 2026-09-16      | Fixed         | 8.12%                 | Yes           |                  3 | On Loan: No      |
| REPUBLIC OF TURKEY              | Turkey Government International Bond                                        | CUSIP: 900123CB4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    4350000 | PA      | $2735428.47   | 0.61%             | 2043-04-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA           | Indonesia Government International Bond                                     | CUSIP: 455780BM7<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1000000 | PA      | $937549.73    | 0.21%             | 2043-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| SAKA ENERGI INDONESIA PT        | Saka Energi Indonesia PT                                                    | CUSIP: 69371EAA3<br>LEI: 25490049636XFM5KBR83 | Long             | DBT              | CORP              | ID        |    3250000 | PA      | $3148437.50   | 0.70%             | 2024-05-05      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND          | Oman Government International Bond                                          | CUSIP: 68205LAD5<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1600000 | PA      | $1696710.51   | 0.38%             | 2027-10-28      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL            | Bank Leumi Le-Israel BM                                                     | CUSIP: BX9184165<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |    2125000 | PA      | $2124393.04   | 0.47%             | 2027-07-27      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU        | Celulosa Arauco y Constitucion S.A.                                         | CUSIP: 151191BL6<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |    2325000 | PA      | $2080875.00   | 0.46%             | 2050-01-29      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT         | Mexican Bonos                                                               | CUSIP: EH6944449<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   29900000 | PA      | $1552948.57   | 0.35%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                     | Corp Nacional del Cobre de Chile                                            | CUSIP: 21987BAY4<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    2150000 | PA      | $1870366.89   | 0.42%             | 2049-02-05      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| PROVINCIA DE BUENOS AIRE        | Provincia de Buenos Aires (Step Bond)                                       | CUSIP: BR3458824<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |    2949981 | PA      | $1165869.19   | 0.26%             | 2037-09-01      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL         | Adani Ports & Special Economic Zone Ltd                                     | CUSIP: 00652MAH5<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    1800000 | PA      | $1299366.16   | 0.29%             | 2031-02-02      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA              | Serbia International Bond                                                   | CUSIP: 817477AF9<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    1675000 | PA      | $1273984.65   | 0.28%             | 2030-12-01      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| KINGDOM OF JORDAN               | Jordan Government International Bond                                        | CUSIP: 418097AJ0<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |    2000000 | PA      | $1796671.24   | 0.40%             | 2047-10-10      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: —       |
| CNTL AMR BOTTLING CORP          | CNTL AMR BOTTLING CORP                                                      | CUSIP: 15239XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    1830000 | PA      | $1757330.70   | 0.39%             | 2029-04-27      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SHINHAN BANK                    | Shinhan Bank Co Ltd                                                         | CUSIP: 82460CAR5<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |    1800000 | PA      | $1649599.94   | 0.37%             | 2032-04-13      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: —       |
| COMISION FEDERAL DE ELEC        | Comision Federal de Electricidad                                            | CUSIP: 200447AH3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    2000000 | PA      | $1639765.86   | 0.37%             | 2031-02-09      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| ECOPETROL SA                    | Ecopetrol S.A.                                                              | CUSIP: 279158AQ2<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    2000000 | PA      | $1379876.20   | 0.31%             | 2051-11-02      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA               | Ghana Government International Bond                                         | CUSIP: 37443GAL5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    3325000 | PA      | $1230250.00   | 0.27%             | 2029-04-07      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF POLAND              | Republic of Poland Government International Bond                            | CUSIP: 857524AE2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    1125000 | PA      | $1215843.65   | 0.27%             | 2032-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ISRAEL ELECTRIC CORP LTD        | Israel Electric Corp Ltd                                                    | CUSIP: BU3987486<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |    2000000 | PA      | $1780468.00   | 0.40%             | 2032-02-22      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD               | Kosmos Energy Ltd                                                           | CUSIP: 500688AF3<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $889900.00    | 0.20%             | 2027-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DEL PERU SA           | Petroleos del Peru S.A.                                                     | CUSIP: 716564AB5<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    2750000 | PA      | $1834635.00   | 0.41%             | 2047-06-19      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA            | YPF S.A.                                                                    | CUSIP: 984245AQ3<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    1950000 | PA      | $1552777.43   | 0.35%             | 2027-07-21      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| NEMAK SAB DE CV                 | Nemak SAB de C.V.                                                           | CUSIP: 64045DAC8<br>LEI: 5493000MY3DAIB0BP706 | Long             | DBT              | CORP              | MX        |    2800000 | PA      | $2260020.00   | 0.50%             | 2031-06-28      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL         | Adani Ports & Special Economic Zone Ltd                                     | CUSIP: 00652MAE2<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    2100000 | PA      | $1684030.80   | 0.38%             | 2029-07-03      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA           | Guatemala Government Bond                                                   | CUSIP: 401494AR0<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    1500000 | PA      | $1455418.88   | 0.32%             | 2050-06-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND        | Saudi Government International Bond                                         | CUSIP: 80413TAV1<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    1265000 | PA      | $1035099.61   | 0.23%             | 2033-02-02      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC              | Dominican Republic Government International Bond                            | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    4000000 | PA      | $3405149.72   | 0.76%             | 2032-09-23      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN          | Republic of Uzbekistan International Bond                                   | CUSIP: 91822Q2F3<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        | 5708925000 | PA      | $480491.88    | 0.11%             | 2024-07-19      | Fixed         | 14.00%                | Yes           |                  2 | On Loan: No      |
| ULKER BISKUVI SANAYI AS         | Ulker Biskuvi Sanayi AS.                                                    | CUSIP: 903742AA2<br>LEI: 7890009HEU9BS7J3DA93 | Long             | DBT              | CORP              | TR        |    2325000 | PA      | $2070663.60   | 0.46%             | 2025-10-30      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| HUNGARY                         | Hungary Government International Bond                                       | CUSIP: 445545AP1<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1850000 | PA      | $1820782.89   | 0.41%             | 2029-06-16      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA             | Nigeria Government International Bond                                       | CUSIP: 65412JAH6<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    2000000 | PA      | $1385380.72   | 0.31%             | 2038-02-23      | Fixed         | 7.70%                 | Yes           |                  2 | On Loan: No      |
| ODBRCHT OFFSHRE DRLL FIN        | Odebrecht Offshore Drilling Finance Ltd                                     | CUSIP: 67576GAD9<br>LEI: 549300L7LF2PIRAWID66 | Long             | DBT              | CORP              | KY        |     315379 | PA      | $67412.26     | 0.02%             | 2026-12-01      | Fixed         | 7.72%                 | Yes           |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO            | Saudi Arabian Oil Co                                                        | CUSIP: 80414L2L8<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    2000000 | PA      | $1449198.08   | 0.32%             | 2050-11-24      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF KENYA               | Kenya Government International Bond                                         | CUSIP: 491798AH7<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    1325000 | PA      | $1038518.89   | 0.23%             | 2048-02-28      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| ECOPETROL SA                    | Ecopetrol S.A.                                                              | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    1375000 | PA      | $1087212.50   | 0.24%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ACCESS BANK PLC                 | Access Bank plc                                                             | CUSIP: 00434G2B5<br>LEI: 029200328C3N9YI2D660 | Long             | DBT              | CORP              | NG        |    1775000 | PA      | $1540306.16   | 0.34%             | 2026-09-21      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| AZURE POWER ENERGY LTD          | Azure Power Energy Ltd                                                      | CUSIP: 05502VAA1<br>LEI: 54930051LQDFHGQMHF47 | Long             | DBT              | CORP              | MU        |    1237565 | PA      | $931603.18    | 0.21%             | 2026-08-19      | Fixed         | 3.58%                 | Yes           |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO              | Morocco Government International Bond                                       | CUSIP: 617726AK0<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |     450000 | PA      | $396881.33    | 0.09%             | 2027-12-15      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF NAMIBIA             | Namibia Government International Bond                                       | CUSIP: 62987BAB8<br>LEI: 549300T6Y4CWK77SML15 | Long             | DBT              | NUSS              | NA        |    1700000 | PA      | $1606919.42   | 0.36%             | 2025-10-29      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA             | Nigeria Government International Bond                                       | CUSIP: 65412JAU7<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    2075000 | PA      | $1725788.77   | 0.39%             | 2029-03-24      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA        | Republic of South Africa Government International Bond                      | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1500000 | PA      | $1142061.39   | 0.25%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA                         | Romanian Government International Bond                                      | CUSIP: 77586RAK6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    1870000 | PA      | $1692754.41   | 0.38%             | 2027-02-27      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| STATE OF QATAR                  | Qatar Government International Bond                                         | CUSIP: 74727PBD2<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    1475000 | PA      | $1445753.94   | 0.32%             | 2030-04-16      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN         | Pakistan Government International Bond                                      | CUSIP: 695847AU7<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    1000000 | PA      | $406900.00    | 0.09%             | 2051-04-08      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| IVORY COAST                     | Ivory Coast Government International Bond (Step Bond)                       | CUSIP: 221625AK2<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    3193656 | PA      | $2934486.46   | 0.66%             | 2032-12-31      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| 10 RENEW POWER SUBSIDIAR        | ReNew Wind Energy AP2                                                       | CUSIP: 75973PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    2700000 | PA      | $2322920.00   | 0.52%             | 2028-07-14      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ESKOM HOLDINGS SOC LTD          | Eskom Holdings SOC Ltd                                                      | CUSIP: 29646AAA4<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    3000000 | PA      | $2948460.00   | 0.66%             | 2023-08-06      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC              | Dominican Republic Government International Bond                            | CUSIP: 25714PDJ4<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1575000 | PA      | $1620633.59   | 0.36%             | 2026-01-29      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| SEMPRA GLOBAL                   | Sempra Infrastructure Partners LP                                           | CUSIP: 81685VAA1<br>LEI: 549300L0B3MD11PUAA07 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1249160.82   | 0.28%             | 2032-01-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| BANK HAPOALIM                   | Bank Hapoalim BM                                                            | CUSIP: BR9645804<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | DBT              | CORP              | IL        |    3000000 | PA      | $2641884.00   | 0.59%             | 2032-01-21      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV        | Asian Infrastructure Investment Bank                                        | CUSIP: BS7653915<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | N/A       |   57100000 | PA      | $650387.56    | 0.15%             | 2031-12-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT           | Costa Rica Government International Bond                                    | CUSIP: 221597BT3<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    2500000 | PA      | $2100000.00   | 0.47%             | 2043-04-30      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY            | Paraguay Government International Bond                                      | CUSIP: 699149AK6<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    2425000 | PA      | $1953276.49   | 0.44%             | 2033-01-29      | Fixed         | 2.74%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF PERU                | Peruvian Government International Bond                                      | CUSIP: 715638CZ3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    4150000 | PA      | $860121.77    | 0.19%             | 2034-08-12      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| MEDCO PLATINUM ROAD PTE         | Medco Platinum Road Pte Ltd                                                 | CUSIP: 58406HAA8<br>LEI: 254900CW3HTAEZITE455 | Long             | DBT              | CORP              | SG        |     301000 | PA      | $297267.07    | 0.07%             | 2025-01-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA              | Angolan Government International Bond                                       | CUSIP: 035198AB6<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    2250000 | PA      | $2127345.05   | 0.47%             | 2028-05-09      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS          | BBVA Bancomer S.A.                                                          | CUSIP: 05533UAF5<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    2000000 | PA      | $1901000.00   | 0.42%             | 2033-01-18      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR             | Ecuador Government International Bond (Step Bond)                           | CUSIP: ZO2094456<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    2234600 | PA      | $1483154.79   | 0.33%             | 2030-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA        | South Africa Government International Bond                                  | CUSIP: 836205AS3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1250000 | PA      | $970483.26    | 0.22%             | 2044-07-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF GHANA               | Ghana Government International Bond                                         | CUSIP: 37443GAJ0<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    2025000 | PA      | $729040.50    | 0.16%             | 2061-03-11      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS          | BBVA Bancomer S.A.                                                          | CUSIP: 05533UAE8<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |     800000 | PA      | $784405.38    | 0.18%             | 2029-11-12      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SENEGAL             | Senegal Government International Bond                                       | CUSIP: 81720TAD7<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |    1900000 | PA      | $1417289.57   | 0.32%             | 2048-03-13      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR             | Ecuador Government International Bond                                       | CUSIP: ZO2104248<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     744229 | PA      | $316141.10    | 0.07%             | 2030-07-31      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| QATAR ENERGY                    | Qatar Petroleum                                                             | CUSIP: 74730DAC7<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |     500000 | PA      | $425125.16    | 0.09%             | 2031-07-12      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| AES ANDRES BV                   | AES Andres BV                                                               | CUSIP: 00109YAA3<br>LEI: 7245003VZ59682IZLJ86 | Long             | DBT              | CORP              | NL        |    2975000 | PA      | $2619453.91   | 0.58%             | 2028-05-04      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| CORAL-US CO-BORROWER LLC        | Coral-US Co-Borrower LLC                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    1840000 | PA      | $1831563.60   | 0.41%             | 2029-10-15      | Variable      | 7.46%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)          | Pertamina Persero PT                                                        | CUSIP: 69370PAE1<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |    1250000 | PA      | $1062965.05   | 0.24%             | 2049-07-30      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS          | Galaxy Pipeline Assets Bidco Ltd                                            | CUSIP: 36321PAD2<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    2773980 | PA      | $2394306.77   | 0.53%             | 2034-03-31      | Fixed         | 2.16%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN          | Republic of Uzbekistan Bond                                                 | CUSIP: 91822Q2D8<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        | 7990000000 | PA      | $691557.86    | 0.15%             | 2023-11-25      | Fixed         | 14.50%                | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA           | Guatemala Government Bond                                                   | CUSIP: 401494AQ2<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     525000 | PA      | $500665.77    | 0.11%             | 2030-06-01      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE         | Energean Israel Finance Ltd                                                 | CUSIP: BO3321904<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    3141000 | PA      | $2889891.59   | 0.65%             | 2028-03-30      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS             | Petroleos Mexicanos                                                         | CUSIP: 71654QBV3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1000000 | PA      | $957100.00    | 0.21%             | 2025-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF JORDAN               | Jordan Government International Bond                                        | CUSIP: 418097AK7<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |    1775000 | PA      | $1721588.32   | 0.38%             | 2025-07-07      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital Services | EUR230306                                                                   | CUSIP: EUR230306<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-36313.12    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND              | Mongolia Government International Bond                                      | CUSIP: 60937LAE5<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |     550000 | PA      | $450949.80    | 0.10%             | 2031-07-07      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: —       |
| LENOVO GROUP LTD                | Lenovo Group Ltd                                                            | CUSIP: 526250AB1<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |    2050000 | PA      | $1747019.06   | 0.39%             | 2030-11-02      | Fixed         | 3.42%                 | Yes           |                  2 | On Loan: —       |
| STATE OF QATAR                  | Qatar Government International Bond                                         | CUSIP: 74727PAY7<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     925000 | PA      | $953927.41    | 0.21%             | 2048-04-23      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| SWEIHAN PV POWER CO PJSC        | Sweihan PV Power Co PJSC                                                    | CUSIP: 870674AA6<br>LEI: 353800EF1E1IC18GBC48 | Long             | DBT              | CORP              | AE        |    2433950 | PA      | $2033267.75   | 0.45%             | 2049-01-31      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA        | Republic of South Africa Government International Bond                      | CUSIP: EK7732887<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    9050000 | PA      | $449965.18    | 0.10%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| 1MDB GLOBAL INVESTMENTS         | 1MDB Global Investments Ltd                                                 | CUSIP: EJ6045714<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    3000000 | PA      | $2945266.89   | 0.66%             | 2023-03-09      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND        | Saudi Government International Bond                                         | CUSIP: 80413TAB5<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     750000 | PA      | $721114.28    | 0.16%             | 2026-10-26      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| BANCOLOMBIA SA                  | Bancolombia S.A.                                                            | CUSIP: 05968LAL6<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    1675000 | PA      | $1526260.00   | 0.34%             | 2029-12-18      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO              | Morocco Government International Bond                                       | CUSIP: 617726AG9<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    1450000 | PA      | $1252234.82   | 0.28%             | 2042-12-11      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO         | KazMunayGas National Co JSC                                                 | CUSIP: 48667QAS4<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |    1550000 | PA      | $1325723.14   | 0.30%             | 2048-10-24      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS             | Petroleos Mexicanos                                                         | CUSIP: 71654QCL4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    2075000 | PA      | $1364105.00   | 0.30%             | 2048-02-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| BARBADOS GOVT OF                | Barbados Government International Bond                                      | CUSIP: 067070AH5<br>LEI: 529900UD1KUUS4SFD905 | Long             | DBT              | NUSS              | BB        |    2039800 | PA      | $1903616.34   | 0.42%             | 2029-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT          | Egypt Government International Bond                                         | CUSIP: 038461AM1<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    4075000 | PA      | $2865108.05   | 0.64%             | 2047-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND          | Oman Government International Bond                                          | CUSIP: 682051AF4<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1200000 | PA      | $1146046.69   | 0.26%             | 2047-03-08      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| GOVT OF BERMUDA                 | Bermuda Government International Bond                                       | CUSIP: 085209AG9<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |    1125000 | PA      | $961875.00    | 0.21%             | 2030-08-20      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| LEBANESE REPUBLIC               | Lebanon Government International Bond                                       | CUSIP: UV5768394<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    3200000 | PA      | $204000.00    | 0.05%             | 2024-11-04      | Fixed         | 6.25%                 | No            |                  3 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR        | Perusahaan Listrik Negara PT                                                | CUSIP: 71568PAF6<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    2000000 | PA      | $1942149.00   | 0.43%             | 2048-05-21      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| MTN MAURITIUS INVSTMENTS        | MTN Mauritius Investment Ltd                                                | CUSIP: 55377XAB2<br>LEI: 2549009PQD415OQIR074 | Long             | DBT              | CORP              | MU        |    2000000 | PA      | $2031440.82   | 0.45%             | 2026-10-13      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY            | Republic of Paraguay                                                        | CUSIP: 699149AB6<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     525000 | PA      | $519516.66    | 0.12%             | 2044-08-11      | Fixed         | 6.10%                 | Yes           |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN        | Perusahaan Penerbit SBSN Indonesia III                                      | CUSIP: 71567PAV2<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | CORP              | ID        |    2075000 | PA      | $2078113.00   | 0.46%             | 2032-06-06      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR         | El Salvador Government International Bond                                   | CUSIP: 283875AN2<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    2000000 | PA      | $962896.62    | 0.21%             | 2035-06-15      | Fixed         | 7.65%                 | Yes           |                  2 | On Loan: No      |
| LIBERTY COSTA RICA SR SF        | Liberty Costa Rica Senior Secured Finance                                   | CUSIP: 530371AA1<br>LEI: 549300W6O2PHTPCYQ751 | Long             | DBT              | CORP              | KY        |    1300000 | PA      | $1269450.00   | 0.28%             | 2031-01-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL          | Brazilian Government International Bond                                     | CUSIP: 105756BY5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1025000 | PA      | $850385.01    | 0.19%             | 2047-02-21      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA           | Sri Lanka Government International Bond                                     | CUSIP: 85227SAR7<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    1000000 | PA      | $344315.90    | 0.08%             | 2026-07-18      | Fixed         | 6.83%                 | Yes           |                  3 | On Loan: No      |
| ANADOLU EFES BIR                | Anadolu Efes Biracilik Ve Malt Sanayii AS.                                  | CUSIP: 032523AB8<br>LEI: 7890006LGARYVIPOJX03 | Long             | DBT              | CORP              | TR        |    4100000 | PA      | $3199483.71   | 0.71%             | 2028-06-29      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT              | Ukraine Government International Bond                                       | CUSIP: ZP6261280<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     525000 | PA      | $105167.12    | 0.02%             | 2032-01-27      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| PERU LNG SRL                    | Peru LNG Srl                                                                | CUSIP: 715604AA2<br>LEI: 254900F70J1LOALV5K70 | Long             | DBT              | CORP              | PE        |    2000000 | PA      | $1658480.00   | 0.37%             | 2030-03-22      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| INDIAN RAILWAY FINANCE          | Indian Railway Finance Corp Ltd                                             | CUSIP: 45434L2H6<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |    1225000 | PA      | $1066041.93   | 0.24%             | 2032-01-21      | Fixed         | 3.57%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT OF JAMAICA           | Jamaica Government International Bond                                       | CUSIP: 470160AV4<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |    2125000 | PA      | $2561986.45   | 0.57%             | 2039-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DIGICEL GROUP HOLDINGS          | Digicel Group 0.5 Ltd                                                       | CUSIP: 25381YAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     456719 | PA      | $36537.52     | 0.01%             | N/A             | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO        | OCP S.A.                                                                    | CUSIP: 67091TAE5<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    3000000 | PA      | $2360790.21   | 0.53%             | 2051-06-23      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND        | Saudi Government International Bond                                         | CUSIP: 80413TAR0<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2000000 | PA      | $1582608.16   | 0.35%             | 2055-01-21      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ESKOM HOLDINGS SOC LTD          | Eskom Holdings SOC Ltd                                                      | CUSIP: 29646AAC0<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    2875000 | PA      | $2747109.13   | 0.61%             | 2028-08-10      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA              | Serbia International Bond                                                   | CUSIP: 817477AH5<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     750000 | PA      | $750974.80    | 0.17%             | 2033-09-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| PAKISTAN WATER & POWER          | Pakistan Water & Power Development Authority                                | CUSIP: BP8111539<br>LEI: 213800UA74QOTK6IES10 | Long             | DBT              | NUSS              | PK        |    2000000 | PA      | $644000.00    | 0.14%             | 2031-06-04      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CT TRUST                        | CT Trust                                                                    | CUSIP: 12659BAA2<br>LEI: 213800MJB7WO427HQD34 | Long             | DBT              | CORP              | GT        |    1225000 | PA      | $1067948.58   | 0.24%             | 2032-02-03      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| ROMANIA GOVERNMENT BOND         | Romania Government Bond                                                     | CUSIP: ZP8252477<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    7000000 | PA      | $1340984.50   | 0.30%             | 2028-01-26      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ZAMBIA              | Zambia Government International Bond                                        | CUSIP: 988895AF5<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     750000 | PA      | $372421.50    | 0.08%             | 2027-07-30      | Fixed         | 8.97%                 | Yes           |                  3 | On Loan: No      |
| RUMO LUXEMBOURG SARL            | Rumo Luxembourg Sarl                                                        | CUSIP: 781467AE5<br>LEI: 222100HOIQFT7YOSPB46 | Long             | DBT              | CORP              | LU        |    2000000 | PA      | $1657500.00   | 0.37%             | 2032-01-18      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ZAMBIA              | Zambia Government International Bond                                        | CUSIP: 988895AE8<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |    3900000 | PA      | $1950000.00   | 0.44%             | 2024-04-14      | Fixed         | 8.50%                 | Yes           |                  3 | On Loan: No      |
| REPUBLIC OF ARGENTINA           | Argentine Republic Government International Bond                            | CUSIP: 040114HU7<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    1300000 | PA      | $477541.55    | 0.11%             | 2038-01-09      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EIG PEARL HOLDINGS SARL         | EIG Pearl Holdings Sarl                                                     | CUSIP: 28249NAB7<br>LEI: 549300KIMRL45BWA5H76 | Long             | DBT              | CORP              | LU        |    2500000 | PA      | $1980594.85   | 0.44%             | 2046-11-30      | Fixed         | 4.39%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES         | Philippine Government International Bond                                    | CUSIP: BV4041802<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1975000 | PA      | $1725977.60   | 0.39%             | 2047-03-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN              | Bahrain Government International Bond                                       | CUSIP: 05675M2C7<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     700000 | PA      | $725513.80    | 0.16%             | 2030-05-14      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| MX REMIT FUND FIDUC EST         | Mexico Remittances Funding Fiduciary Estate Management Sarl                 | CUSIP: 593035AA6<br>LEI: 54930007WQ6S3GFCM563 | Long             | DBT              | CORP              | LU        |    3630000 | PA      | $3349046.31   | 0.75%             | 2028-01-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| INDUSTRIAL DPR FUNDING LTD.     | Industrial DPR Funding Ltd                                                  | CUSIP: 45605PAZ1<br>LEI: 549300MBUJF25SSFY437 | Long             | ABS-O            | CORP              | KY        |    3000000 | PA      | $2579790.00   | 0.58%             | 2034-04-15      | Fixed         | 5.38%                 | Yes           |                  3 | On Loan: No      |
| AEROPUERTO INTL TOCUMEN         | Aeropuerto Internacional de Tocumen S.A.                                    | CUSIP: 00787CAE2<br>LEI: 254900FO1PHX49ZIGB14 | Long             | DBT              | CORP              | PA        |    2000000 | PA      | $1625000.04   | 0.36%             | 2061-08-11      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| UNITED MEXICAN STATES           | Mexico Government International Bond                                        | CUSIP: 91087BAQ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    3500000 | PA      | $2869536.95   | 0.64%             | 2041-08-14      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| B3 SA-BRASIL BOLSA BALCA        | B3 S.A.-Brasil Bolsa Balcao                                                 | CUSIP: 11778EAA4<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | DBT              | CORP              | BR        |    2500000 | PA      | $2193750.00   | 0.49%             | 2031-09-20      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF PERU                | Peruvian Government International Bond                                      | CUSIP: 715638DU3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1645000 | PA      | $1335262.01   | 0.30%             | 2034-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF IRAQ                | Iraq Government International Bond                                          | CUSIP: 462652AE8<br>LEI: N/A                  | Long             | DBT              | NUSS              | IQ        |    1325000 | PA      | $1315497.10   | 0.29%             | 2023-03-09      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| UNITED MEXICAN STATES           | Mexico Government International Bond                                        | CUSIP: 91087BAS9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1850000 | PA      | $1443059.42   | 0.32%             | 2052-02-12      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA        | Republic of South Africa Government International Bond                      | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1000000 | PA      | $899514.62    | 0.20%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR         | El Salvador Government International Bond                                   | CUSIP: 283875AQ5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    3100000 | PA      | $1457100.63   | 0.33%             | 2041-02-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| OI SA                           | Oi S.A.                                                                     | CUSIP: AT8014322<br>LEI: 254900YEMWCRRAGD4978 | Long             | DBT              | CORP              | BR        |     714000 | PA      | $71757.00     | 0.02%             | 2025-07-27      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN        | Empresas Publicas de Medellin ESP                                           | CUSIP: 29246BAF5<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |    1000000 | PA      | $791877.06    | 0.18%             | 2031-02-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT              | Ukraine Government International Bond                                       | CUSIP: 903724BY7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    3000000 | PA      | $597480.00    | 0.13%             | 2035-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT              | Ukraine Government International Bond                                       | CUSIP: 903724AW2<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    2320000 | PA      | $739500.00    | 0.17%             | 2041-08-01      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF KENYA               | Kenya Government International Bond                                         | CUSIP: 491798AL8<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    1125000 | PA      | $865889.57    | 0.19%             | 2034-01-23      | Fixed         | 6.30%                 | Yes           |                  2 | On Loan: No      |
| TULLOW OIL PLC                  | Tullow Oil plc                                                              | CUSIP: 899415AG8<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |    1887000 | PA      | $1627537.50   | 0.36%             | 2026-05-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA        | Republic of South Africa Government International Bond                      | CUSIP: 836205AX2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1025000 | PA      | $781600.51    | 0.17%             | 2047-09-27      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NATIONAL GAS CO                 | National Gas Company of Trinidad and Tobago Limited                         | CUSIP: 636203AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |     850000 | PA      | $773500.00    | 0.17%             | 2036-01-15      | Fixed         | 6.05%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC              | Dominican Republic Government International Bond                            | CUSIP: 25714PCF3<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    2535000 | PA      | $2467595.31   | 0.55%             | 2044-04-30      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| RIO OIL FINANCE TRUST           | Rio Oil Finance Trust                                                       | CUSIP: 76716XAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1658000 | PA      | $1666290.00   | 0.37%             | 2028-04-06      | Fixed         | 8.20%                 | Yes           |                  2 | On Loan: No      |
| DEVELOPMENT BANK OF KAZA        | Development Bank of Kazakhstan JSC                                          | CUSIP: AS3033170<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | CORP              | KZ        |  453000000 | PA      | $953299.02    | 0.21%             | 2023-05-04      | Fixed         | 8.95%                 | Yes           |                  2 | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM        | Volcan Cia Minera SAA                                                       | CUSIP: 92863UAB2<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |     534000 | PA      | $471863.76    | 0.11%             | 2026-02-11      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA            | Colombia Government International Bond                                      | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    2925000 | PA      | $2151903.31   | 0.48%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC              | Dominican Republic Government International Bond                            | CUSIP: 25714WBJ1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   74000000 | PA      | $1177617.51   | 0.26%             | 2030-01-11      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| Grupo Aeromexico SAB de CV      | Grupo Aeromexico SAB de C.V.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |     265589 | NS      | $2355400.18   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| KONDOR FINANCE PLC (NAK)        | NAK Naftogaz Ukraine via Kondor Finance plc                                 | CUSIP: 50050MAB1<br>LEI: 213800PUC1T9GI6EIO63 | Long             | DBT              | CORP              | GB        |    2000000 | PA      | $400300.00    | 0.09%             | 2026-11-08      | Fixed         | 7.62%                 | Yes           |                  3 | On Loan: No      |
| LEBANESE REPUBLIC               | Lebanon Government International Bond                                       | CUSIP: AM7142053<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    3800000 | PA      | $237500.00    | 0.05%             | 2027-03-23      | Fixed         | 6.85%                 | No            |                  3 | On Loan: No      |
| GOVERNMENT OF JAMAICA           | Jamaica Government International Bond                                       | CUSIP: 470160CB6<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |    1810000 | PA      | $2116119.07   | 0.47%             | 2045-07-28      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT          | Egypt Government International Bond                                         | CUSIP: 03846JX21<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    3200000 | PA      | $2397760.00   | 0.54%             | 2032-01-15      | Fixed         | 7.05%                 | Yes           |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT         | Mexican Bonos                                                               | CUSIP: EG1116375<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   33600000 | PA      | $1696246.41   | 0.38%             | 2027-06-03      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL          | Brazilian Government International Bond                                     | CUSIP: 105756BW9<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1100000 | PA      | $860229.84    | 0.19%             | 2045-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA          | Export-Import Bank of India                                                 | CUSIP: 30216JAF2<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |    2700000 | PA      | $2186919.95   | 0.49%             | 2031-01-13      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| STATE STR NAVIGATOR SECS L TR   | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | STIV             | RF                | US        |    9069810 | NS      | $9069809.88   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ELECTRICIDAD FIRME DE ME        | Electricidad Firme de Mexico Holdings S.A. de C.V.                          | CUSIP: 28504MAA1<br>LEI: 549300B9KK10OSYRIY06 | Long             | DBT              | CORP              | MX        |    1300000 | PA      | $1168643.81   | 0.26%             | 2026-11-20      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF KAZAKHSTAN          | Kazakhstan Government International Bond                                    | CUSIP: 486661AH4<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |     750000 | PA      | $796123.09    | 0.18%             | 2045-07-21      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Petra Diamonds Ltd              | Petra Diamonds Ltd                                                          | CUSIP: N/A<br>LEI: 213800X4QZIAVSA12860       | Long             | EC               | CORP              | GB        |     729619 | NS      | $713434.11    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN         | Pakistan Government International Bond                                      | CUSIP: 740840AC7<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    3200000 | PA      | $1344000.00   | 0.30%             | 2027-12-05      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT             | Malaysia Government Bond                                                    | CUSIP: BT4584806<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |    7100000 | PA      | $1635241.91   | 0.37%             | 2032-07-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| FREEPORT INDONESIA PT           | Freeport Indonesia PT                                                       | CUSIP: 69377FAC0<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    2000000 | PA      | $1850000.00   | 0.41%             | 2052-04-14      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT        | Lima Metro Line 2 Finance Ltd                                               | CUSIP: 532522AB5<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |     891058 | PA      | $789700.27    | 0.18%             | 2036-04-05      | Fixed         | 4.35%                 | Yes           |                  2 | On Loan: No      |
| MEDCO LAUREL TREE               | Medco Laurel Tree Pte Ltd                                                   | CUSIP: 58406RAA6<br>LEI: 254900SX7FFGRREZD046 | Long             | DBT              | CORP              | SG        |    2000000 | PA      | $1905138.60   | 0.43%             | 2028-11-12      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV         | European Bank for Reconstruction & Development                              | CUSIP: BG3727990<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | N/A       |     287182 | PA      | $238414.70    | 0.05%             | 2023-02-28      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| PAKISTAN GLOBAL SUKUK           | Pakistan Global Sukuk Programme Co Ltd                                      | CUSIP: 69583PAA2<br>LEI: 213800X5OY6CVYNY1M70 | Long             | DBT              | CORP              | PK        |     610000 | PA      | $372100.00    | 0.08%             | 2029-01-31      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| HUNGARY                         | Hungary Government International Bond                                       | CUSIP: 445545AM8<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1525000 | PA      | $1179018.45   | 0.26%             | 2031-09-22      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA            | Colombia Government International Bond                                      | CUSIP: 195325BR5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1300000 | PA      | $988921.56    | 0.22%             | 2044-02-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND        | Thailand Government International Bond                                      | CUSIP: AT4545436<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |   47000000 | PA      | $1478274.98   | 0.33%             | 2028-12-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UKREXIMBANK(BIZ FIN PLC)        | Ukreximbank Via Biz Finance plc                                             | CUSIP: UV3121018<br>LEI: 254900R5STMV7BZYC307 | Long             | DBT              | CORP              | GB        |      87500 | PA      | $34737.50     | 0.01%             | 2025-01-22      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| DP WORLD PLC                    | DP World Ltd                                                                | CUSIP: 23330JAB7<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |    2100000 | PA      | $2098044.46   | 0.47%             | 2048-09-25      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY              | Turkey Government International Bond                                        | CUSIP: 900123DD9<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1500000 | PA      | $1225212.57   | 0.27%             | 2033-09-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK          | Asian Development Bank                                                      | CUSIP: BG0743297<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | N/A       |   48600000 | PA      | $569658.30    | 0.13%             | 2030-02-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ROMANIA                         | Romanian Government International Bond                                      | CUSIP: 77586RAH3<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     650000 | PA      | $534436.38    | 0.12%             | 2031-02-14      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE        | Petrobras Global Finance BV                                                 | CUSIP: 71647NBD0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    2000000 | PA      | $1814139.74   | 0.40%             | 2049-03-19      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY        | Uruguay Government International Bond                                       | CUSIP: 917288BM3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |   61000000 | PA      | $1416130.58   | 0.32%             | 2031-05-21      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ICL GROUP LIMITED               | Israel Chemicals Ltd                                                        | CUSIP: AS6777633<br>LEI: 529900FQVQD88SHIGM04 | Long             | DBT              | CORP              | IL        |    2000000 | PA      | $1994589.06   | 0.45%             | 2038-05-31      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| UEP PENONOME II SA              | UEP Penonome II S.A.                                                        | CUSIP: 90363PAA4<br>LEI: 549300DS6G5XB230S845 | Long             | DBT              | CORP              | PA        |    1569573 | PA      | $1172751.68   | 0.26%             | 2038-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY        | Itau Unibanco Holding S.A.                                                  | CUSIP: 465562AA4<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    2750000 | PA      | $2250054.04   | 0.50%             | N/A             | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA           | Sri Lanka Government International Bond                                     | CUSIP: 85227SBB1<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    1650000 | PA      | $558842.33    | 0.12%             | 2030-03-28      | Fixed         | 7.55%                 | Yes           |                  3 | On Loan: No      |
| NETWORK I2I LTD                 | Network i2i Ltd                                                             | CUSIP: 64132NAC0<br>LEI: 2549003L8M1FGHLHOX45 | Long             | DBT              | CORP              | MU        |    3000000 | PA      | $2713969.56   | 0.61%             | N/A             | Fixed         | 3.98%                 | Yes           |                  2 | On Loan: —       |
| REPUBLIC OF UZBEKISTAN          | Republic of Uzbekistan Government International Bond                        | CUSIP: 91822Q2A4<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    1975000 | PA      | $1849086.70   | 0.41%             | 2029-02-20      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ABU DHABI CRUDE OIL             | Abu Dhabi Crude Oil Pipeline LLC                                            | CUSIP: 00401MAB2<br>LEI: 549300DONDFW2383FV66 | Long             | DBT              | CORP              | AE        |    1975000 | PA      | $1880883.05   | 0.42%             | 2047-11-02      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| AKBANK TAS                      | Akbank T.A.S.                                                               | CUSIP: 00972BAC3<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |     500000 | PA      | $482080.00    | 0.11%             | 2028-04-27      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| HUNGARY                         | Hungary Government International Bond                                       | CUSIP: 445545AR7<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1900000 | PA      | $1964974.57   | 0.44%             | 2028-05-22      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| FONDO MIVIVIENDA SA             | Fondo MIVIVIENDA S.A.                                                       | CUSIP: 344593AF5<br>LEI: 549300X41PNOK11PZ670 | Long             | DBT              | NUSS              | PE        |    1500000 | PA      | $1456331.52   | 0.33%             | 2027-04-12      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA           | Guatemala Government Bond                                                   | CUSIP: 401494AT6<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    2000000 | PA      | $1685932.76   | 0.38%             | 2033-10-07      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| SHIMAO GROUP HLDGS LTD          | Shimao Group Holdings Ltd                                                   | CUSIP: AQ8937288<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    2600000 | PA      | $575596.74    | 0.13%             | 2025-01-30      | Fixed         | 5.20%                 | No            |                  3 | On Loan: No      |
| REPUBLIC OF ANGOLA              | Angolan Government International Bond                                       | CUSIP: 035198AF7<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    2850000 | PA      | $2632387.94   | 0.59%             | 2032-04-14      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| UNITED MEXICAN STATES           | Mexico Government International Bond                                        | CUSIP: 91087BAH3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1675000 | PA      | $1509449.30   | 0.34%             | 2030-04-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BANK MANDIRI PT                 | Bank Mandiri Persero Tbk PT                                                 | CUSIP: AX9574358<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $196658.63    | 0.04%             | 2024-04-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA               | Kenya Government International Bond                                         | CUSIP: 491798AE4<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    1700000 | PA      | $1596333.30   | 0.36%             | 2024-06-24      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| BENIN INTL GOV BOND             | Benin Government International Bond                                         | CUSIP: BN4939383<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |    1125000 | PA      | $889471.06    | 0.20%             | 2052-01-19      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| GOLD FIELDS OROGEN HOLD         | Gold Fields Orogen Holdings BVI Ltd                                         | CUSIP: 38060AAC8<br>LEI: 213800CLGJ2E9KGU2F20 | Long             | DBT              | CORP              | VG        |    2300000 | PA      | $2360894.25   | 0.53%             | 2029-05-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK             | Bangkok Bank PCL                                                            | CUSIP: 059895AV4<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |    2600000 | PA      | $2223860.50   | 0.50%             | 2036-09-23      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND        | Saudi Government International Bond                                         | CUSIP: 80413TAZ2<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    1000000 | PA      | $730018.76    | 0.16%             | 2051-11-17      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** TIAA-CREF Funds

**Signature:** E. Scott Wickerham

**Name of Signer:** E. Scott Wickerham

**Title:** Principal Financial Officer, Principal Accounting Officer and Treasurer