# EDGAR Filing Document

**Accession Number:** 0001676326
**File Stem:** 0002071691-26-005068
**Filing Date:** 2026-2
**Character Count:** 239034
**Document Hash:** a948f1c4de3d24576eb5f307233cb4fc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-005068.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0002071691-26-005068

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morgan Stanley ETF Trust
- **CENTRAL INDEX KEY:** 0001676326

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23820
- **FILM NUMBER:** 26692936

**BUSINESS ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 212.296.1404

**MAIL ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

## Series and Classes Contracts Data

### Eaton Vance Short Duration Income ETF (Series ID: S000084183)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000248456 | Eaton Vance Short Duration Income ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Morgan Stanley ETF Trust

- **b. Investment Company Act file number:** 811-23820

- **c. CIK number of Registrant:** 0001676326

- **d. LEI of Registrant:** 549300HASXQLXGOR9H31

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

  - **Street Address 1:** 1585 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 800-548-7786

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

- **a. Name of Series:** Eaton Vance Short Duration Income ETF

- **b. EDGAR series identifier (if any):** S000084183

- **c. LEI of Series:** 254900H1WCGW58VEGZ62

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

- **a. Date of fiscal year-end:** 2026-09-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $946216282.40

**Total Liabilities:** $100407323.02

**Net Assets:** $845808959.38

**Cash Not Reported:** $17.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1969.17867200 | **1-Year:** 47538.67849400 | **5-Year:** 97153.50547400 | **10-Year:** 14011.16329500 | **30-Year:** 587.75947300

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

- **3-Month:** 279.70415200 | **1-Year:** 2877.96330400 | **5-Year:** 2200.98624000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248456 | 0.35%                | 0.56%                | 0.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $352806.40               | $-724679.83                                |
| Month 2  | $136643.14               | $1108449.08                                |
| Month 3  | $162358.49               | $-265159.44                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AASET Ltd.                                           | AASET Ltd., Series 2025-2A, Class A                                                       | CUSIP: 00039NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2457477 | PA      | $2477196.96   | 0.29%             | 2050-02-16      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| AASET MT-1 Ltd.                                      | AASET MT-1 Ltd., Series 2025-3A, Class A                                                  | CUSIP: 00039NAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    421102 | PA      | $422590.79    | 0.05%             | 2050-02-16      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| ACHV ABS Trust                                       | ACHV ABS Trust, Series 2024-3AL, Class B                                                  | CUSIP: 00092KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    234805 | PA      | $237415.94    | 0.03%             | 2031-12-26      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| ACHV ABS Trust                                       | ACHV ABS Trust, Series 2024-3AL, Class C                                                  | CUSIP: 00092KAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     96957 | PA      | $98209.23     | 0.01%             | 2031-12-26      | Fixed         | 5.68%                 | Yes           |                  2 | On Loan: No      |
| AGL CLO 13 Ltd.                                      | AGL CLO 13 Ltd., Series 2021-13A, Class CR                                                | CUSIP: 00120JAQ6<br>LEI: 254900DIJ0G5TXNJMM06 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001850.00   | 0.24%             | 2034-10-20      | Floating      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| AIB Group plc                                        | AIB Group plc                                                                             | CUSIP: 00135TAD6<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |   2843000 | PA      | $3020005.92   | 0.36%             | 2029-09-13      | Variable      | 6.61%                 | Yes           |                  2 | On Loan: —       |
| ACM Auto Trust                                       | ACM Auto Trust, Series 2025-1A, Class A                                                   | CUSIP: 00161EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    154276 | PA      | $154230.46    | 0.02%             | 2029-06-20      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ACM Auto Trust                                       | ACM Auto Trust, Series 2025-2A, Class A                                                   | CUSIP: 00161TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1039655 | PA      | $1039964.77   | 0.12%             | 2028-06-20      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| ALTDE Trust                                          | ALTDE Trust, Series 2025-1A, Class A                                                      | CUSIP: 00166NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    729122 | PA      | $746659.98    | 0.09%             | 2050-08-15      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| A/S Mileage Plan IP Ltd.                             | A/S Mileage Plan IP Ltd.                                                                  | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2551000 | PA      | $2573082.50   | 0.30%             | 2029-10-20      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: —       |
| A/S Mileage Plan IP Ltd.                             | A/S Mileage Plan IP Ltd.                                                                  | CUSIP: 00218QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    190000 | PA      | $191780.63    | 0.02%             | 2031-10-20      | Fixed         | 5.31%                 | Yes           |                  2 | On Loan: —       |
| American Airlines, Inc.                              | American Airlines, Inc.                                                                   | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    658847 | PA      | $660126.32    | 0.08%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Acacia LLC                                           | Acacia LLC, Series 2025-1, Class A                                                        | CUSIP: 00401PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1798270 | PA      | $1800699.96   | 0.21%             | 2037-11-15      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| ACM Auto Trust                                       | ACM Auto Trust, Series 2024-2A, Class A                                                   | CUSIP: 00461WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    149280 | PA      | $149392.68    | 0.02%             | 2029-02-20      | Fixed         | 6.06%                 | Yes           |                  2 | On Loan: No      |
| Air Canada                                           | Air Canada                                                                                | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |   2705000 | PA      | $2693649.82   | 0.32%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Aircastle Ltd.                                       | Aircastle Ltd.                                                                            | CUSIP: 00929JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1163000 | PA      | $1212728.39   | 0.14%             | 2031-10-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                             | Ajax Mortgage Loan Trust, Series 2020-B, Class A1                                         | CUSIP: 00969YAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325001 | PA      | $311107.89    | 0.04%             | 2059-05-25      | Variable      | 1.70%                 | Yes           |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corp.                    | Algonquin Power & Utilities Corp.                                                         | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |   5428000 | PA      | $5454766.66   | 0.64%             | 2026-06-15      | Variable      | 5.37%                 | No            |                  2 | On Loan: —       |
| FNMA or FHLMC                                        | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F050619<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15516000 | PA      | $15479634.38  | 1.83%             | 2056-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F052615<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |   -207000 | PA      | $-209919.02   | -0.02%            | 2056-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F052615<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    207000 | PA      | $209919.02    | 0.02%             | 2056-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F052623<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        | -20151000 | PA      | $-20416268.77 | -2.41%            | 2056-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                        | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F052623<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    225000 | PA      | $227961.91    | 0.03%             | 2056-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                   | Ally Bank Auto Credit-Linked Notes, Series 2025-B, Class A2                               | CUSIP: 02007G6N8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1720325 | PA      | $1725460.30   | 0.20%             | 2033-09-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                   | Ally Bank Auto Credit-Linked Notes, Series 2025-B, Class B                                | CUSIP: 02007G6P3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2124834 | PA      | $2134017.98   | 0.25%             | 2033-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Alterna Funding III LLC                              | Alterna Funding III LLC, Series 2024-1A, Class A                                          | CUSIP: 02157JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    737477 | PA      | $739469.59    | 0.09%             | 2039-05-16      | Fixed         | 6.26%                 | Yes           |                  2 | On Loan: No      |
| American National Group, Inc.                        | American National Group, Inc.                                                             | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   1446000 | PA      | $1497373.26   | 0.18%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| American International Group, Inc.                   | American International Group, Inc.                                                        | CUSIP: 026874DR5<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |   2120000 | PA      | $2046542.17   | 0.24%             | 2030-06-30      | Fixed         | 3.40%                 | No            |                  2 | On Loan: —       |
| American National Global Funding                     | American National Global Funding                                                          | CUSIP: 02771D2A1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    423000 | PA      | $434680.76    | 0.05%             | 2030-01-28      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| American National Global Funding                     | American National Global Funding                                                          | CUSIP: 02771D2B9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1236000 | PA      | $1257427.62   | 0.15%             | 2030-06-03      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| American National Group, Inc.                        | American National Group, Inc.                                                             | CUSIP: 02772AAA7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    546000 | PA      | $569708.62    | 0.07%             | 2032-06-13      | Fixed         | 6.14%                 | Yes           |                  2 | On Loan: —       |
| Amur Equipment Finance Receivables XII LLC           | Amur Equipment Finance Receivables XII LLC, Series 2023-1A, Class A2                      | CUSIP: 03236YAB1<br>LEI: 5493000K1GV1VHEHGY40 | Long             | ABS-O            | CORP              | US        |    153424 | PA      | $154728.70    | 0.02%             | 2029-12-20      | Fixed         | 6.09%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak SB Commercial Mortgage Trust               | Angel Oak SB Commercial Mortgage Trust, Series 2020-SBC1, Class A1                        | CUSIP: 03465BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    187729 | PA      | $183206.89    | 0.02%             | 2050-05-25      | Variable      | 2.07%                 | Yes           |                  2 | On Loan: No      |
| Antares Holdings LP                                  | Antares Holdings LP                                                                       | CUSIP: 03666HAD3<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    398000 | PA      | $389164.70    | 0.05%             | 2027-01-15      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Antares Holdings LP                                  | Antares Holdings LP                                                                       | CUSIP: 03666HAE1<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |   1619000 | PA      | $1583991.33   | 0.19%             | 2027-07-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: —       |
| ARES XLIV CLO Ltd.                                   | ARES XLIV CLO Ltd., Series 2017-44A, Class BRR                                            | CUSIP: 04016NBP7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3003804.00   | 0.36%             | 2034-04-15      | Floating      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Ashtead Capital, Inc.                                | Ashtead Capital, Inc.                                                                     | CUSIP: 045054AF0<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    575000 | PA      | $574901.72    | 0.07%             | 2027-08-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Athene Global Funding                                | Athene Global Funding                                                                     | CUSIP: 04685A3T6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3273000 | PA      | $3325482.26   | 0.39%             | 2027-03-25      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Athene Global Funding                                | Athene Global Funding                                                                     | CUSIP: 04685A3X7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1322266.49   | 0.16%             | 2027-07-09      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: —       |
| Athene Global Funding                                | Athene Global Funding                                                                     | CUSIP: 04685A4C2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1457456.71   | 0.17%             | 2029-10-08      | Fixed         | 4.72%                 | Yes           |                  2 | On Loan: No      |
| Athene Global Funding                                | Athene Global Funding                                                                     | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1867000 | PA      | $1880965.61   | 0.22%             | 2027-01-07      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Athene Holding Ltd.                                  | Athene Holding Ltd.                                                                       | CUSIP: 04686JAF8<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    660000 | PA      | $715477.46    | 0.08%             | 2033-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Auxilior Term Funding LLC                            | Auxilior Term Funding LLC, Series 2024-1A, Class A2                                       | CUSIP: 05335FAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     32646 | PA      | $32711.51     | 0.00%             | 2027-03-15      | Fixed         | 5.84%                 | Yes           |                  2 | On Loan: No      |
| Auxilior Term Funding LLC                            | Auxilior Term Funding LLC, Series 2023-1A, Class A2                                       | CUSIP: 05335JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    197426 | PA      | $198431.83    | 0.02%             | 2028-12-15      | Fixed         | 6.18%                 | Yes           |                  2 | On Loan: No      |
| Avient Corp.                                         | Avient Corp.                                                                              | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   1041000 | PA      | $1075700.69   | 0.13%             | 2030-08-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: —       |
| Azorra Finance Ltd.                                  | Azorra Finance Ltd.                                                                       | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |   1329000 | PA      | $1408452.94   | 0.17%             | 2030-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust           | BAMLL Commercial Mortgage Securities Trust, Series 2019-BPR, Class BNM                    | CUSIP: 05492PAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    591000 | PA      | $557209.28    | 0.07%             | 2032-11-05      | Fixed         | 3.46%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Trust                                          | BAMLL Trust, Series 2024-BHP, Class A                                                     | CUSIP: 05493WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    534000 | PA      | $535870.66    | 0.06%             | 2039-08-15      | Floating      | 6.10%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Trust                                          | BAMLL Trust, Series 2024-BHP, Class B                                                     | CUSIP: 05493WAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    770000 | PA      | $776886.26    | 0.09%             | 2039-08-15      | Floating      | 6.65%                 | Yes           |                  2 | On Loan: No      |
| BFLD Mortgage Trust                                  | BFLD Mortgage Trust, Series 2024-VICT, Class A                                            | CUSIP: 05555VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2542000 | PA      | $2556615.99   | 0.30%             | 2041-07-15      | Floating      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| BFLD Commercial Mortgage Trust                       | BFLD Commercial Mortgage Trust, Series 2025-660F, Class A                                 | CUSIP: 05556QAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1370000 | PA      | $1375956.76   | 0.16%             | 2042-11-15      | Floating      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BFLD Commercial Mortgage Trust                       | BFLD Commercial Mortgage Trust, Series 2025-660F, Class B                                 | CUSIP: 05556QAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    865000 | PA      | $869281.14    | 0.10%             | 2042-11-15      | Floating      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| BPCE SA                                              | BPCE SA                                                                                   | CUSIP: 05571AAR6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1109000 | PA      | $1177032.81   | 0.14%             | 2029-10-19      | Variable      | 6.71%                 | Yes           |                  2 | On Loan: No      |
| BPCE SA                                              | BPCE SA                                                                                   | CUSIP: 05571AAZ8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1134000 | PA      | $1185686.69   | 0.14%             | 2031-01-14      | Variable      | 5.88%                 | Yes           |                  2 | On Loan: —       |
| BNP Paribas SA                                       | BNP Paribas SA                                                                            | CUSIP: 05581KAF8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   2714000 | PA      | $2785134.27   | 0.33%             | 2029-06-12      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                         | BX Commercial Mortgage Trust, Series 2021-MC, Class A                                     | CUSIP: 05608GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1088079.74   | 0.13%             | 2034-04-15      | Floating      | 4.56%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                         | BX Commercial Mortgage Trust, Series 2022-CSMO, Class A                                   | CUSIP: 05610MAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1127000 | PA      | $1130232.01   | 0.13%             | 2027-06-15      | Floating      | 5.86%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                         | BX Commercial Mortgage Trust, Series 2022-CSMO, Class B                                   | CUSIP: 05610MAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1745000 | PA      | $1752256.41   | 0.21%             | 2027-06-15      | Floating      | 6.89%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                         | BX Commercial Mortgage Trust, Series 2022-CSMO, Class C                                   | CUSIP: 05610MAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    980000 | PA      | $985747.70    | 0.12%             | 2027-06-15      | Floating      | 7.64%                 | Yes           |                  2 | On Loan: No      |
| BOCA Commercial Mortgage Trust                       | BOCA Commercial Mortgage Trust, Series 2025-BOCA, Class A                                 | CUSIP: 05619RAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1557000 | PA      | $1561620.86   | 0.18%             | 2042-12-15      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Banco Santander SA                                   | Banco Santander SA                                                                        | CUSIP: 05964HAQ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   2600000 | PA      | $2601453.17   | 0.31%             | 2028-03-24      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                   | Banco Santander SA                                                                        | CUSIP: 05964HAU9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   3500000 | PA      | $3631146.58   | 0.43%             | 2028-08-08      | Fixed         | 5.59%                 | No            |                  2 | On Loan: —       |
| Banco Santander SA                                   | Banco Santander SA                                                                        | CUSIP: 05964HAY1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   2056000 | PA      | $2195456.26   | 0.26%             | 2028-11-07      | Fixed         | 6.61%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                | Bank of America Corp.                                                                     | CUSIP: 06051GFX2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    400000 | PA      | $399524.97    | 0.05%             | 2026-04-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                | Bank of America Corp.                                                                     | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1038000 | PA      | $1025277.54   | 0.12%             | 2028-12-20      | Variable      | 3.42%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                | Bank of America Corp.                                                                     | CUSIP: 06051GKP3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5874000 | PA      | $5898983.18   | 0.70%             | 2028-04-27      | Variable      | 4.38%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                | Bank of America Corp.                                                                     | CUSIP: 06051GLE7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1408000 | PA      | $1408701.32   | 0.17%             | 2027-01-20      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                | Bank of America Corp.                                                                     | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4106000 | PA      | $4239719.73   | 0.50%             | 2031-01-24      | Variable      | 5.16%                 | No            |                  2 | On Loan: —       |
| Bank of New York Mellon (The)                        | Bank of New York Mellon (The)                                                             | CUSIP: 06405LAH4<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |    995000 | PA      | $1011497.16   | 0.12%             | 2029-04-20      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                  | Bank of New York Mellon Corp. (The)                                                       | CUSIP: 06406RCB1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1114000 | PA      | $1145883.40   | 0.14%             | 2031-02-11      | Variable      | 4.94%                 | No            |                  2 | On Loan: —       |
| Bellemeade RE Ltd.                                   | Bellemeade RE Ltd., Series 2021-3A, Class B1                                              | CUSIP: 078777AF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |   2100000 | PA      | $2172470.37   | 0.26%             | 2031-09-25      | Floating      | 7.72%                 | Yes           |                  2 | On Loan: No      |
| BHG Securitization Trust                             | BHG Securitization Trust, Series 2023-A, Class A                                          | CUSIP: 08860FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     91114 | PA      | $91196.44     | 0.01%             | 2036-04-17      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| BFLD Commercial Mortgage Trust                       | BFLD Commercial Mortgage Trust, Series 2024-UNIV, Class B                                 | CUSIP: 08861RAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $501558.00    | 0.06%             | 2041-11-15      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Biogen, Inc.                                         | Biogen, Inc.                                                                              | CUSIP: 09062XAH6<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1884424.94   | 0.22%             | 2030-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: —       |
| Blue Owl Credit Income Corp.                         | Blue Owl Credit Income Corp.                                                              | CUSIP: 09581CAB7<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   1844000 | PA      | $1899320.48   | 0.22%             | 2029-09-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                     | Boeing Co. (The)                                                                          | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   4082000 | PA      | $4334243.68   | 0.51%             | 2029-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: —       |
| Cloud Capital Holdco LP                              | Cloud Capital Holdco LP, Series 2024-1A, Class A2                                         | CUSIP: 102104AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2967986 | PA      | $2992151.05   | 0.35%             | 2049-11-22      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| Cloud Capital Holdco LP                              | Cloud Capital Holdco LP, Series 2024-2A, Class A2                                         | CUSIP: 102104AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $253241.00    | 0.03%             | 2049-11-22      | Fixed         | 5.92%                 | Yes           |                  2 | On Loan: No      |
| Brean Asset-Backed Securities Trust                  | Brean Asset-Backed Securities Trust, Series 2023-RM6, Class A1                            | CUSIP: 10638AAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1615116 | PA      | $1619593.46   | 0.19%             | 2063-01-25      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Bridge Trust                                         | Bridge Trust, Series 2025-SFR1, Class C                                                   | CUSIP: 10807GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    749617 | PA      | $711136.56    | 0.08%             | 2042-09-17      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd.                     | Brookfield Asset Management Ltd.                                                          | CUSIP: 113004AB1<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |   4391000 | PA      | $4428052.49   | 0.52%             | 2030-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: —       |
| Bunker Hill Loan Depositary Trust                    | Bunker Hill Loan Depositary Trust, Series 2020-1, Class A1                                | CUSIP: 12062RAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4124 | PA      | $4116.19      | 0.00%             | 2055-02-25      | Variable      | 1.72%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                             | BX Trust, Series 2025-GW, Class B                                                         | CUSIP: 12433GAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1675000 | PA      | $1682170.84   | 0.20%             | 2042-07-15      | Floating      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                     | CCO Holdings LLC                                                                          | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4285000 | PA      | $4281595.05   | 0.51%             | 2027-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: —       |
| CFMT LLC                                             | CFMT LLC, Series 2023-HB12, Class M1                                                      | CUSIP: 12530QAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2025000 | PA      | $2010742.79   | 0.24%             | 2033-04-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CI Financial Corp.                                   | CI Financial Corp.                                                                        | CUSIP: 125491AT7<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |   3213000 | PA      | $3419288.93   | 0.40%             | 2029-05-30      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |
| CTR Partnership LP                                   | CTR Partnership LP                                                                        | CUSIP: 126458AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3074000 | PA      | $3029751.61   | 0.36%             | 2028-06-30      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: —       |
| CSMC Trust                                           | CSMC Trust, Series 2021-BPNY, Class A                                                     | CUSIP: 12659XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2512868 | PA      | $2439788.97   | 0.29%             | 2026-08-15      | Floating      | 7.58%                 | Yes           |                  2 | On Loan: No      |
| CSMC Trust                                           | CSMC Trust, Series 2022-RPL4, Class A1                                                    | CUSIP: 12663TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1153849 | PA      | $1120001.93   | 0.13%             | 2062-04-25      | Variable      | 3.90%                 | Yes           |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM Mortgage Trust, Series 2025-167G, Class A                                            | CUSIP: 12674VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1004708.80   | 0.12%             | 2040-08-10      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CaixaBank SA                                         | CaixaBank SA                                                                              | CUSIP: 12803RAL8<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   4131000 | PA      | $4193819.70   | 0.50%             | 2031-07-03      | Variable      | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Calpine Corp.                                        | Calpine Corp.                                                                             | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    553000 | PA      | $553879.82    | 0.07%             | 2028-03-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                   | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607QFE7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   2960000 | PA      | $2983906.77   | 0.35%             | 2031-09-08      | Variable      | 4.58%                 | No            |                  2 | On Loan: —       |
| Capital Power US Holdings, Inc.                      | Capital Power US Holdings, Inc.                                                           | CUSIP: 14041TAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4278000 | PA      | $4365290.11   | 0.52%             | 2028-06-01      | Fixed         | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Cascade MH Asset Trust                               | Cascade MH Asset Trust, Series 2022-MH1, Class A                                          | CUSIP: 14732KAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1281614 | PA      | $1256084.68   | 0.15%             | 2054-08-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust                 | Castlelake Aircraft Structured Trust, Series 2025-2A, Class A                             | CUSIP: 14855XAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200980 | PA      | $1216981.63   | 0.14%             | 2050-08-15      | Fixed         | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust                 | Castlelake Aircraft Structured Trust, Series 2025-2A, Class B                             | CUSIP: 14855XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1406607 | PA      | $1421690.98   | 0.17%             | 2050-08-15      | Fixed         | 6.30%                 | Yes           |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust                 | Castlelake Aircraft Structured Trust, Series 2025-1A, Class A                             | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1794507 | PA      | $1825738.76   | 0.22%             | 2050-02-15      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| Centene Corp.                                        | Centene Corp.                                                                             | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   5824000 | PA      | $5653028.91   | 0.67%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| Centene Corp.                                        | Centene Corp.                                                                             | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1336000 | PA      | $1251997.93   | 0.15%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: —       |
| Charter Communications Operating LLC                 | Charter Communications Operating LLC                                                      | CUSIP: 161175CQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2581000 | PA      | $2694915.92   | 0.32%             | 2029-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                    | Chase Home Lending Mortgage Trust, Series 2025-11, Class A2                               | CUSIP: 16162QAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2021331 | PA      | $2039886.13   | 0.24%             | 2056-02-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                            | Chesapeake Funding II LLC, Series 2024-1A, Class A1                                       | CUSIP: 165183DE1<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |    429188 | PA      | $434442.30    | 0.05%             | 2036-05-15      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Citadel Finance LLC                                  | Citadel Finance LLC                                                                       | CUSIP: 17287HAD2<br>LEI: 549300BQL283NCR7P163 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2910721.84   | 0.34%             | 2030-02-10      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Citadel LP                                           | Citadel LP                                                                                | CUSIP: 17288XAD6<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |    551000 | PA      | $575880.12    | 0.07%             | 2030-01-23      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| Citadel Securities Global Holdings LLC               | Citadel Securities Global Holdings LLC                                                    | CUSIP: 17289RAA4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |   3321000 | PA      | $3410644.05   | 0.40%             | 2030-06-18      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: —       |
| Citizens Financial Group, Inc.                       | Citizens Financial Group, Inc.                                                            | CUSIP: 174610BJ3<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    963000 | PA      | $989837.86    | 0.12%             | 2031-03-05      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                    | Clarios Global LP                                                                         | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1377000 | PA      | $1441113.12   | 0.17%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Cologix Data Centers US Issuer LLC                   | Cologix Data Centers US Issuer LLC, Series 2021-1A, Class A2                              | CUSIP: 19521UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3450000 | PA      | $3392066.22   | 0.40%             | 2051-12-26      | Fixed         | 3.30%                 | Yes           |                  2 | On Loan: No      |
| Commonbond Student Loan Trust                        | Commonbond Student Loan Trust, Series 2021-AGS, Class A                                   | CUSIP: 20268WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    625292 | PA      | $535276.23    | 0.06%             | 2052-03-25      | Fixed         | 1.20%                 | Yes           |                  2 | On Loan: No      |
| Concentrix Corp.                                     | Concentrix Corp.                                                                          | CUSIP: 20602DAA9<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   4342000 | PA      | $4385170.99   | 0.52%             | 2026-08-02      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| COPT Defense Properties LP                           | COPT Defense Properties LP                                                                | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |   1181000 | PA      | $1078347.44   | 0.13%             | 2031-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| COPT Defense Properties LP                           | COPT Defense Properties LP                                                                | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |    414000 | PA      | $386861.71    | 0.05%             | 2029-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Crockett Partners Equipment Co. IIA LLC              | Crockett Partners Equipment Co. IIA LLC, Series 2024-1C, Class A                          | CUSIP: 22689LAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    365943 | PA      | $372781.33    | 0.04%             | 2031-01-20      | Fixed         | 6.05%                 | Yes           |                  2 | On Loan: No      |
| Crossroads Asset Trust                               | Crossroads Asset Trust, Series 2024-A, Class A2                                           | CUSIP: 227927AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    162274 | PA      | $164041.20    | 0.02%             | 2030-08-20      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                | DB Master Finance LLC, Series 2021-1A, Class A2I                                          | CUSIP: 233046AN1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   1980480 | PA      | $1943525.23   | 0.23%             | 2051-11-20      | Fixed         | 2.04%                 | Yes           |                  2 | On Loan: No      |
| DBC Mortgage Trust                                   | DBC Mortgage Trust, Series 2025-DBC, Class A                                              | CUSIP: 23306HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1875000 | PA      | $1879128.00   | 0.22%             | 2042-11-15      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| DBC Mortgage Trust                                   | DBC Mortgage Trust, Series 2025-DBC, Class B                                              | CUSIP: 23306HAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1095000 | PA      | $1098255.00   | 0.13%             | 2042-11-15      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| DataBank Issuer II LLC                               | DataBank Issuer II LLC, Series 2025-1A, Class A2                                          | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3230000 | PA      | $3187857.22   | 0.38%             | 2055-09-27      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Bank AG                                     | Deutsche Bank AG                                                                          | CUSIP: 25160PAQ0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   2842000 | PA      | $2900454.11   | 0.34%             | 2029-01-10      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Dext ABS LLC                                         | Dext ABS LLC, Series 2023-2, Class A2                                                     | CUSIP: 25216CAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220890 | PA      | $222144.49    | 0.03%             | 2034-05-15      | Fixed         | 6.56%                 | Yes           |                  2 | On Loan: No      |
| Diamond Infrastructure Funding LLC                   | Diamond Infrastructure Funding LLC, Series 2021-1A, Class A                               | CUSIP: 25265LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $583300.68    | 0.07%             | 2049-04-15      | Fixed         | 1.76%                 | Yes           |                  2 | On Loan: No      |
| Diebold Nixdorf, Inc.                                | Diebold Nixdorf, Inc.                                                                     | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    884000 | PA      | $942932.52    | 0.11%             | 2030-03-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| DNB Bank ASA                                         | DNB Bank ASA                                                                              | CUSIP: 25601B2E4<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |   4298000 | PA      | $4282685.45   | 0.51%             | 2031-11-04      | Variable      | 4.38%                 | Yes           |                  2 | On Loan: —       |
| Driven Brands Funding LLC                            | Driven Brands Funding LLC, Series 2019-2A, Class A2                                       | CUSIP: 26208LAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1980879 | PA      | $1968730.35   | 0.23%             | 2049-10-20      | Fixed         | 3.98%                 | Yes           |                  2 | On Loan: No      |
| Driven Brands Funding LLC                            | Driven Brands Funding LLC, Series 2020-1A, Class A2                                       | CUSIP: 26209XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    784810 | PA      | $773459.30    | 0.09%             | 2050-07-20      | Fixed         | 3.79%                 | Yes           |                  2 | On Loan: No      |
| Driven Brands Funding LLC                            | Driven Brands Funding LLC, Series 2020-2A, Class A2                                       | CUSIP: 26209XAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1635520 | PA      | $1586607.59   | 0.19%             | 2051-01-20      | Fixed         | 3.24%                 | Yes           |                  2 | On Loan: No      |
| Driven Brands Funding LLC                            | Driven Brands Funding LLC, Series 2021-1A, Class A2                                       | CUSIP: 26209XAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1484499 | PA      | $1404481.88   | 0.17%             | 2051-10-20      | Fixed         | 2.79%                 | Yes           |                  2 | On Loan: No      |
| Durst Commercial Mortgage Trust                      | Durst Commercial Mortgage Trust, Series 2025-151, Class C                                 | CUSIP: 266895AE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    995000 | PA      | $1016299.47   | 0.12%             | 2042-08-10      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| Durst Commercial Mortgage Trust                      | Durst Commercial Mortgage Trust, Series 2025-151, Class D                                 | CUSIP: 266895AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    719000 | PA      | $744396.09    | 0.09%             | 2042-08-10      | Variable      | 6.79%                 | Yes           |                  2 | On Loan: No      |
| ECMC Group Student Loan Trust                        | ECMC Group Student Loan Trust, Series 2020-3A, Class A1B                                  | CUSIP: 26833BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    402979 | PA      | $404274.84    | 0.05%             | 2070-01-27      | Floating      | 4.99%                 | Yes           |                  2 | On Loan: No      |
| EPR Properties                                       | EPR Properties                                                                            | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |   2247000 | PA      | $2265395.36   | 0.27%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                       | EPR Properties                                                                            | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    141000 | PA      | $136815.63    | 0.02%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                       | EPR Properties                                                                            | CUSIP: 26884UAH2<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3523660.81   | 0.42%             | 2030-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Edgewell Personal Care Co.                           | Edgewell Personal Care Co.                                                                | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    643000 | PA      | $615278.98    | 0.07%             | 2029-04-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: —       |
| ELFI Graduate Loan Program LLC                       | ELFI Graduate Loan Program LLC, Series 2021-A, Class A                                    | CUSIP: 28628BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    899607 | PA      | $810068.19    | 0.10%             | 2046-12-26      | Fixed         | 1.53%                 | Yes           |                  2 | On Loan: No      |
| Enact Holdings, Inc.                                 | Enact Holdings, Inc.                                                                      | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |   1226000 | PA      | $1284896.30   | 0.15%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Essent Group Ltd.                                    | Essent Group Ltd.                                                                         | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |   2672000 | PA      | $2790788.44   | 0.33%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                          | Extended Stay America Trust, Series 2025-ESH, Class B                                     | CUSIP: 30227TAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2900000 | PA      | $2909341.48   | 0.34%             | 2042-10-15      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| FMC GMSR Issuer Trust                                | FMC GMSR Issuer Trust, Series 2020-GT1, Class A                                           | CUSIP: 30259RAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1493537.10   | 0.18%             | 2026-01-25      | Variable      | 4.45%                 | Yes           |                  2 | On Loan: No      |
| FS Commercial Mortgage Trust                         | FS Commercial Mortgage Trust, Series 2023-4SZN, Class A                                   | CUSIP: 30334RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    920000 | PA      | $936983.20    | 0.11%             | 2039-11-10      | Fixed         | 7.07%                 | Yes           |                  2 | On Loan: No      |
| Falcon Aerospace Ltd.                                | Falcon Aerospace Ltd., Series 2019-1, Class A                                             | CUSIP: 30610GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    265968 | PA      | $264696.92    | 0.03%             | 2039-09-15      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC Gold Pool, 30 Year                                                                  | CUSIP: 3128M7S49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2162 | PA      | $2276.53      | 0.00%             | 2032-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC Gold Pool, 30 Year                                                                  | CUSIP: 3128M7S56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2780 | PA      | $2938.61      | 0.00%             | 2031-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC Gold Pool, 30 Year                                                                  | CUSIP: 3128M7SU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4648 | PA      | $4929.94      | 0.00%             | 2035-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                                     | CUSIP: 3128S5PL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33449 | PA      | $34221.76     | 0.00%             | 2038-06-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                                     | CUSIP: 31300LBF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     70271 | PA      | $71849.68     | 0.01%             | 2038-07-01      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                                     | CUSIP: 31300LTA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     73074 | PA      | $74692.85     | 0.01%             | 2036-01-01      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC                                                                                     | CUSIP: 31300LTB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     94892 | PA      | $97150.00     | 0.01%             | 2037-03-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWMY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2042169 | PA      | $2072892.56   | 0.25%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWN82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4781931 | PA      | $4852377.80   | 0.57%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWNJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4675830 | PA      | $4746175.06   | 0.56%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWNK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3780866 | PA      | $3836564.87   | 0.45%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, Strips, Series 406, Class F12                                                      | CUSIP: 3133Q3GP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1012524 | PA      | $1021264.25   | 0.12%             | 2053-10-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 2182, Class ZC                                                       | CUSIP: 3133TM7G5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41534 | PA      | $42503.05     | 0.01%             | 2029-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2023-46, Class FA                                                     | CUSIP: 3136BQLF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2884833 | PA      | $2912158.07   | 0.34%             | 2053-10-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2024-36, Class FB                                                     | CUSIP: 3136BR3E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1241389 | PA      | $1249392.11   | 0.15%             | 2054-06-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2024-22, Class FG                                                     | CUSIP: 3136BRK89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    584711 | PA      | $587627.70    | 0.07%             | 2054-05-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2024-33, Class KF                                                     | CUSIP: 3136BSFC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    391421 | PA      | $393169.30    | 0.05%             | 2054-01-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2024-63, Class FH                                                     | CUSIP: 3136BSQY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1698292 | PA      | $1706828.10   | 0.20%             | 2054-09-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2024-84, Class JF                                                     | CUSIP: 3136BTUE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2631693 | PA      | $2652074.50   | 0.31%             | 2054-11-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2025-18, Class WF                                                     | CUSIP: 3136BVMZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2295917 | PA      | $2306871.07   | 0.27%             | 2054-09-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2025-31, Class FB                                                     | CUSIP: 3136BVYK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1726583 | PA      | $1732485.14   | 0.20%             | 2054-06-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2025-63, Class FA                                                     | CUSIP: 3136BWXU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2250400 | PA      | $2258856.33   | 0.27%             | 2055-08-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2025-75, Class FA                                                     | CUSIP: 3136BXHG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2226082 | PA      | $2230817.99   | 0.26%             | 2055-09-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | FNMA, REMIC, Series 2025-109, Class FC                                                    | CUSIP: 3136BYEL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2583000 | PA      | $2584292.15   | 0.31%             | 2054-11-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31371HQX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       670 | PA      | $696.68       | 0.00%             | 2029-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31371HTA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       698 | PA      | $725.05       | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31378XA63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       598 | PA      | $621.69       | 0.00%             | 2028-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5370, Class FB                                                       | CUSIP: 3137HBFP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1248266 | PA      | $1259837.07   | 0.15%             | 2054-01-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5378, Class FA                                                       | CUSIP: 3137HBKC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1791489 | PA      | $1797629.01   | 0.21%             | 2054-02-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5402, Class FB                                                       | CUSIP: 3137HC3A8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    673980 | PA      | $678608.97    | 0.08%             | 2054-04-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5400, Class FB                                                       | CUSIP: 3137HC3J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2008256 | PA      | $2017381.64   | 0.24%             | 2054-04-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5397, Class AF                                                       | CUSIP: 3137HCEA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1930681 | PA      | $1937583.39   | 0.23%             | 2054-04-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5397, Class FE                                                       | CUSIP: 3137HCFS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2063435 | PA      | $2081311.78   | 0.25%             | 2054-04-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5410, Class FD                                                       | CUSIP: 3137HCUE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2482345 | PA      | $2501540.38   | 0.30%             | 2054-05-25      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5410, Class FE                                                       | CUSIP: 3137HCV82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    603821 | PA      | $607929.83    | 0.07%             | 2054-05-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5443, Class FA                                                       | CUSIP: 3137HDXH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2458193 | PA      | $2473921.11   | 0.29%             | 2054-08-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5438, Class FE                                                       | CUSIP: 3137HFDN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    864748 | PA      | $869837.30    | 0.10%             | 2054-08-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5451, Class FA                                                       | CUSIP: 3137HFL60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1769475 | PA      | $1777887.42   | 0.21%             | 2054-09-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5460, Class FA                                                       | CUSIP: 3137HFS63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1944467 | PA      | $1951611.20   | 0.23%             | 2054-10-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5461, Class FA                                                       | CUSIP: 3137HFW84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2538046 | PA      | $2543540.98   | 0.30%             | 2054-10-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5483, Class FB                                                       | CUSIP: 3137HHNE7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    816556 | PA      | $821838.64    | 0.10%             | 2054-12-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5499, Class FQ                                                       | CUSIP: 3137HJX44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2938303 | PA      | $2953416.47   | 0.35%             | 2055-02-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5513, Class FA                                                       | CUSIP: 3137HKE42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    159345 | PA      | $159834.50    | 0.02%             | 2055-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5529, Class AF                                                       | CUSIP: 3137HKU51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    996314 | PA      | $999485.17    | 0.12%             | 2055-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5527, Class FA                                                       | CUSIP: 3137HKWJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1445855 | PA      | $1443029.69   | 0.17%             | 2055-04-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC, REMIC, Series 5556, Class FA                                                       | CUSIP: 3137HMBS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2721791 | PA      | $2730092.07   | 0.32%             | 2055-07-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31380EJH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        23 | PA      | $24.25        | 0.00%             | 2028-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31382KWD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       324 | PA      | $336.70       | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31383HYG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8846 | PA      | $9302.70      | 0.00%             | 2029-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31384V4M1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3129 | PA      | $3251.32      | 0.00%             | 2030-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31384VYU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       107 | PA      | $111.54       | 0.00%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31384WMS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3366 | PA      | $3497.73      | 0.00%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31385JB98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34110 | PA      | $35978.12     | 0.00%             | 2032-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31387KBA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2938 | PA      | $3052.88      | 0.00%             | 2031-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31388UNK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       332 | PA      | $346.73       | 0.00%             | 2032-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31389FLF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1852 | PA      | $1941.89      | 0.00%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31389L2Y4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       424 | PA      | $444.48       | 0.00%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 3138EGTR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11513 | PA      | $12173.18     | 0.00%             | 2037-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31390ABQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2480 | PA      | $2596.33      | 0.00%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31390HG33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1166 | PA      | $1225.72      | 0.00%             | 2032-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31390QQS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13840 | PA      | $14549.51     | 0.00%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31391C5N1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3122 | PA      | $3277.55      | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31391FP85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1829 | PA      | $1915.30      | 0.00%             | 2032-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31391PBD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       293 | PA      | $308.08       | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31416JAZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20143 | PA      | $21268.34     | 0.00%             | 2037-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31418FED5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4513090 | PA      | $4580986.45   | 0.54%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31418FGY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4713604 | PA      | $4783044.02   | 0.57%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31418MJP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6249 | PA      | $6629.46      | 0.00%             | 2037-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31418MJQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10173 | PA      | $10728.01     | 0.00%             | 2033-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                 | UMBS, 30 Year                                                                             | CUSIP: 31418MJT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5334 | PA      | $5631.75      | 0.00%             | 2032-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                           | UMBS Pool, 30 Year                                                                        | CUSIP: 3142J6BT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5579833 | PA      | $5662034.23   | 0.67%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                          | FIGRE Trust, Series 2025-FL1, Class A1                                                    | CUSIP: 31684QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3229934 | PA      | $3255299.50   | 0.38%             | 2055-07-25      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| FIGRE Trust                                          | FIGRE Trust, Series 2025-FL1, Class A3                                                    | CUSIP: 31684QAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1824476 | PA      | $1838733.34   | 0.22%             | 2055-07-25      | Variable      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| FIGRE Trust                                          | FIGRE Trust, Series 2025-FL2, Class A1                                                    | CUSIP: 31684TAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1104214 | PA      | $1107417.32   | 0.13%             | 2055-11-25      | Variable      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| FOCUS Brands Funding LLC                             | FOCUS Brands Funding LLC, Series 2017-1A, Class A2II                                      | CUSIP: 34417MAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2239920 | PA      | $2236624.41   | 0.26%             | 2047-04-30      | Fixed         | 5.09%                 | Yes           |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Mortgage Trust             | Fontainebleau Miami Beach Mortgage Trust, Series 2024-FBLU, Class B                       | CUSIP: 34461WAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2195000 | PA      | $2203255.83   | 0.26%             | 2039-12-15      | Floating      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                            | Ford Motor Credit Co. LLC                                                                 | CUSIP: 345397G23<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1907000 | PA      | $1922862.43   | 0.23%             | 2029-09-06      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                            | Ford Motor Credit Co. LLC                                                                 | CUSIP: 345397G49<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    817000 | PA      | $839000.72    | 0.10%             | 2029-11-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| Ford Motor Credit Co. LLC                            | Ford Motor Credit Co. LLC                                                                 | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2887000 | PA      | $2892354.03   | 0.34%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                            | Ford Motor Credit Co. LLC                                                                 | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1464000 | PA      | $1462366.60   | 0.17%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Fortitude Group Holdings LLC                         | Fortitude Group Holdings LLC                                                              | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |   1366000 | PA      | $1423843.15   | 0.17%             | 2030-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: —       |
| Fortitude Global Funding                             | Fortitude Global Funding                                                                  | CUSIP: 34967GAA2<br>LEI: 635400TKBOGEHNO5RT68 | Long             | DBT              | CORP              | US        |   2592000 | PA      | $2595719.86   | 0.31%             | 2028-10-06      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                | Foundry JV Holdco LLC                                                                     | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   3486000 | PA      | $3650659.68   | 0.43%             | 2033-01-25      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC Seasoned Credit Risk Transfer Trust, Series 2019-4, Class HA                        | CUSIP: 35563PMF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    414679 | PA      | $387062.86    | 0.05%             | 2059-02-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC STACR Trust, Series 2021-HQA3, Class B2                                             | CUSIP: 35564KKL2<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-MBS          | CORP              | US        |    660000 | PA      | $681214.64    | 0.08%             | 2041-09-25      | Floating      | 10.12%                | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC STACR REMIC Trust, Series 2021-DNA7, Class B2                                       | CUSIP: 35564KNE5<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | CORP              | US        |    880000 | PA      | $926869.42    | 0.11%             | 2041-11-25      | Floating      | 11.67%                | Yes           |                  2 | On Loan: No      |
| FHLMC                                                | FHLMC STACR REMIC Trust, Series 2022-DNA2, Class B2                                       | CUSIP: 35564KSQ3<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |   1035000 | PA      | $1111230.86   | 0.13%             | 2042-02-25      | Floating      | 12.37%                | Yes           |                  2 | On Loan: No      |
| GA Global Funding Trust                              | GA Global Funding Trust                                                                   | CUSIP: 36143L2N4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    865000 | PA      | $868780.23    | 0.10%             | 2027-09-23      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| GWT                                                  | GWT, Series 2024-WLF2, Class A                                                            | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    570000 | PA      | $572286.16    | 0.07%             | 2041-05-15      | Floating      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA I, 30 Year                                                                           | CUSIP: 36241LCE4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        13 | PA      | $13.13        | 0.00%             | 2030-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                  | GS Mortgage-Backed Securities Trust, Series 2025-HE1, Class A1                            | CUSIP: 36272NAA2<br>LEI: 254900RIVK2GCJ08H839 | Long             | ABS-MBS          | CORP              | US        |   1127132 | PA      | $1130646.14   | 0.13%             | 2055-10-25      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| GSJP Trust                                           | GSJP Trust, Series 2025-BEDS, Class A                                                     | CUSIP: 362946AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2002000 | PA      | $2005887.48   | 0.24%             | 2042-12-15      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA I, Single Family, 30 Year                                                            | CUSIP: 36296DNA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     35239 | PA      | $36926.03     | 0.00%             | 2038-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| General Motors Co.                                   | General Motors Co.                                                                        | CUSIP: 37045VAU4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   3689000 | PA      | $3842005.70   | 0.45%             | 2027-10-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: —       |
| General Motors Financial Co., Inc.                   | General Motors Financial Co., Inc.                                                        | CUSIP: 37045XDH6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1108067.07   | 0.13%             | 2028-04-10      | Fixed         | 2.40%                 | No            |                  2 | On Loan: —       |
| General Motors Financial Co., Inc.                   | General Motors Financial Co., Inc.                                                        | CUSIP: 37045XEF9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1178000 | PA      | $1182200.21   | 0.14%             | 2026-04-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: —       |
| Gilead Aviation LLC                                  | Gilead Aviation LLC, Series 2025-1A, Class A                                              | CUSIP: 37556TAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1097508 | PA      | $1116196.37   | 0.13%             | 2050-03-15      | Fixed         | 5.79%                 | Yes           |                  2 | On Loan: No      |
| Global Atlantic Fin Co.                              | Global Atlantic Fin Co.                                                                   | CUSIP: 37959GAA5<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   3606000 | PA      | $3553028.98   | 0.42%             | 2029-10-15      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                    | GLS Auto Select Receivables Trust, Series 2024-1A, Class A2                               | CUSIP: 37988XAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    341557 | PA      | $343903.83    | 0.04%             | 2030-03-15      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                    | GLS Auto Select Receivables Trust, Series 2024-2A, Class A2                               | CUSIP: 379924AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    108654 | PA      | $109934.20    | 0.01%             | 2030-06-17      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Goddard Funding LLC                                  | Goddard Funding LLC, Series 2024-1A, Class A2                                             | CUSIP: 380241AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    651420 | PA      | $668174.65    | 0.08%             | 2054-10-30      | Fixed         | 6.83%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                      | Goldman Sachs Group, Inc. (The)                                                           | CUSIP: 38141GC93<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3009000 | PA      | $3108452.48   | 0.37%             | 2031-04-23      | Variable      | 5.22%                 | No            |                  2 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)                      | Goldman Sachs Group, Inc. (The)                                                           | CUSIP: 38141GD35<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1890889.08   | 0.22%             | 2031-10-21      | Variable      | 4.37%                 | No            |                  2 | On Loan: —       |
| Goldman Sachs Bank USA                               | Goldman Sachs Bank USA                                                                    | CUSIP: 38151LAF7<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |    600000 | PA      | $601527.23    | 0.07%             | 2027-03-18      | Variable      | 5.28%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                               | Goldman Sachs Bank USA                                                                    | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |    841000 | PA      | $845501.58    | 0.10%             | 2027-05-21      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners ABS Funding Ltd.              | Golub Capital Partners ABS Funding Ltd., Series 2020-1A, Class A2                         | CUSIP: 38177UAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    412130 | PA      | $411204.50    | 0.05%             | 2029-01-22      | Fixed         | 3.21%                 | Yes           |                  2 | On Loan: No      |
| Golub Capital Partners ABS Funding Ltd.              | Golub Capital Partners ABS Funding Ltd., Series 2021-1A, Class A2                         | CUSIP: 38178HAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1033491 | PA      | $1029407.45   | 0.12%             | 2029-04-20      | Fixed         | 2.77%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2011-H11, Class FA                                                           | CUSIP: 38375BLN0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     13632 | PA      | $13690.13     | 0.00%             | 2061-03-20      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2012-H15, Class FA                                                           | CUSIP: 38375BUB6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        83 | PA      | $82.57        | 0.00%             | 2062-05-20      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2012-H20, Class BA                                                           | CUSIP: 38375BVQ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27232 | PA      | $27403.69     | 0.00%             | 2062-09-20      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2014-H03, Class FA                                                           | CUSIP: 38375UEJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      9063 | PA      | $9116.39      | 0.00%             | 2064-01-20      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2015-H13, Class FL                                                           | CUSIP: 38376RCN4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1927 | PA      | $1920.69      | 0.00%             | 2063-05-20      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2025-139, Class FE                                                           | CUSIP: 38381QF71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2451721 | PA      | $2460758.93   | 0.29%             | 2065-08-20      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2025-134, Class FL                                                           | CUSIP: 38381UEK4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1617337 | PA      | $1620868.91   | 0.19%             | 2055-06-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2023-101, Class FM                                                           | CUSIP: 38384CBT5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1682649 | PA      | $1685983.77   | 0.20%             | 2053-07-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2023-116, Class DF                                                           | CUSIP: 38384EDX0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1701368 | PA      | $1709332.08   | 0.20%             | 2053-08-20      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2024-30, Class LF                                                            | CUSIP: 38384JNF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1052739 | PA      | $1055324.89   | 0.12%             | 2054-02-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2024-43, Class FB                                                            | CUSIP: 38384KNV9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    498332 | PA      | $499324.42    | 0.06%             | 2054-03-20      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2024-146, Class FE                                                           | CUSIP: 38384W3E3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1868807 | PA      | $1876251.86   | 0.22%             | 2064-09-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2024-197, Class GF                                                           | CUSIP: 38385BAP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    960589 | PA      | $963888.05    | 0.11%             | 2054-12-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2025-2, Class FB                                                             | CUSIP: 38385BP53<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1441012 | PA      | $1448475.34   | 0.17%             | 2054-12-20      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| GNMA                                                 | GNMA, Series 2025-170, Class KF                                                           | CUSIP: 38385HN37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1747869 | PA      | $1756301.59   | 0.21%             | 2055-10-20      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust                                     | Great Wolf Trust, Series 2024-WOLF, Class A                                               | CUSIP: 39152MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1391000 | PA      | $1394677.80   | 0.16%             | 2039-03-15      | Floating      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| HCA, Inc.                                            | HCA, Inc.                                                                                 | CUSIP: 404119CH0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1024000 | PA      | $1013628.18   | 0.12%             | 2027-03-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| HCA, Inc.                                            | HCA, Inc.                                                                                 | CUSIP: 404119DA4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3164000 | PA      | $3298480.31   | 0.39%             | 2032-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| HLTN Commercial Mortgage Trust                       | HLTN Commercial Mortgage Trust, Series 2024-DPLO, Class A                                 | CUSIP: 40424UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1267500 | PA      | $1271437.62   | 0.15%             | 2041-06-15      | Floating      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| HLTN Commercial Mortgage Trust                       | HLTN Commercial Mortgage Trust, Series 2024-DPLO, Class B                                 | CUSIP: 40424UAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $401711.48    | 0.05%             | 2041-06-15      | Floating      | 5.74%                 | Yes           |                  2 | On Loan: No      |
| HSBC Holdings plc                                    | HSBC Holdings plc                                                                         | CUSIP: 404280EF2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2911000 | PA      | $2965984.74   | 0.35%             | 2028-05-17      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| HSBC USA, Inc.                                       | HSBC USA, Inc.                                                                            | CUSIP: 40428HR95<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |    645000 | PA      | $655134.38    | 0.08%             | 2028-06-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital, Inc.          | HA Sustainable Infrastructure Capital, Inc.                                               | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   1906000 | PA      | $1942477.81   | 0.23%             | 2034-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| HAT Holdings I LLC                                   | HAT Holdings I LLC                                                                        | CUSIP: 418751AD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2426000 | PA      | $2249043.44   | 0.27%             | 2030-09-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: —       |
| Hawaii Hotel Trust                                   | Hawaii Hotel Trust, Series 2025-MAUI, Class A                                             | CUSIP: 419909AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    520000 | PA      | $521150.66    | 0.06%             | 2042-03-15      | Floating      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| Hawaii Hotel Trust                                   | Hawaii Hotel Trust, Series 2025-MAUI, Class B                                             | CUSIP: 419909AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2501561.25   | 0.30%             | 2042-03-15      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Hexcel Corp.                                         | Hexcel Corp.                                                                              | CUSIP: 428291AN8<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |   1946000 | PA      | $1942850.36   | 0.23%             | 2027-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Home RE Ltd.                                         | Home RE Ltd., Series 2021-2, Class B1                                                     | CUSIP: 43730VAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |   1005000 | PA      | $1030240.88   | 0.12%             | 2034-01-25      | Floating      | 8.02%                 | Yes           |                  2 | On Loan: No      |
| Horizon Aircraft Finance IV Ltd.                     | Horizon Aircraft Finance IV Ltd., Series 2024-1, Class A                                  | CUSIP: 43990EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1059375 | PA      | $1072283.06   | 0.13%             | 2049-09-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Hudson Yards Mortgage Trust                          | Hudson Yards Mortgage Trust, Series 2025-SPRL, Class D                                    | CUSIP: 44855PAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1075000 | PA      | $1119582.94   | 0.13%             | 2040-01-13      | Variable      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| Hyundai Capital America                              | Hyundai Capital America                                                                   | CUSIP: 44891ADV6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4079000 | PA      | $4143836.56   | 0.49%             | 2028-06-23      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: —       |
| Hyundai Capital America                              | Hyundai Capital America                                                                   | CUSIP: 44891AEA1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   3446000 | PA      | $3447626.27   | 0.41%             | 2030-09-18      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| HYT Commercial Mortgage Trust                        | HYT Commercial Mortgage Trust, Series 2024-RGCY, Class A                                  | CUSIP: 449173AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3275000 | PA      | $3286016.12   | 0.39%             | 2041-09-15      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| HYT Commercial Mortgage Trust                        | HYT Commercial Mortgage Trust, Series 2024-RGCY, Class C                                  | CUSIP: 449173AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    297000 | PA      | $298222.33    | 0.04%             | 2041-09-15      | Floating      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| Imola Merger Corp.                                   | Imola Merger Corp.                                                                        | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2615000 | PA      | $2583253.25   | 0.31%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: —       |
| Imperial Brands Finance plc                          | Imperial Brands Finance plc                                                               | CUSIP: 45262BAG8<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |   4207000 | PA      | $4362541.20   | 0.52%             | 2030-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ING Groep NV                                         | ING Groep NV                                                                              | CUSIP: 456837BR3<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   6691000 | PA      | $6859060.32   | 0.81%             | 2031-03-25      | Variable      | 5.07%                 | No            |                  2 | On Loan: —       |
| Intact Financial Corp.                               | Intact Financial Corp.                                                                    | CUSIP: 45823TAL0<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | DBT              | CORP              | CA        |   2894000 | PA      | $2995004.71   | 0.35%             | 2032-09-22      | Fixed         | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                  | Intesa Sanpaolo SpA                                                                       | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   3684000 | PA      | $3685838.83   | 0.44%             | 2026-01-15      | Fixed         | 5.71%                 | Yes           |                  2 | On Loan: —       |
| INTOWN Mortgage Trust                                | INTOWN Mortgage Trust, Series 2025-STAY, Class C                                          | CUSIP: 46117WAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2181000 | PA      | $2188145.83   | 0.26%             | 2042-03-15      | Floating      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Chase Auto Credit Linked Notes                       | Chase Auto Credit Linked Notes, Series 2025-1, Class B                                    | CUSIP: 46591HCS7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2084155 | PA      | $2101084.65   | 0.25%             | 2033-02-25      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Chase Auto Credit Linked Notes                       | Chase Auto Credit Linked Notes, Series 2025-1, Class C                                    | CUSIP: 46591HCT5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    583564 | PA      | $588140.19    | 0.07%             | 2033-02-25      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                           | J.P. Morgan Mortgage Trust, Series 2024-HE2, Class A1                                     | CUSIP: 46593HAA6<br>LEI: 529900ELA1S09AZO9Q54 | Long             | ABS-O            | CORP              | US        |    214530 | PA      | $214810.29    | 0.03%             | 2054-10-20      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                                      | CUSIP: 46625HRX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298597.45    | 0.04%             | 2027-12-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PDX1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5225000 | PA      | $5504965.90   | 0.65%             | 2029-10-23      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1294000 | PA      | $1326915.17   | 0.16%             | 2030-01-23      | Variable      | 5.01%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1408000 | PA      | $1436400.49   | 0.17%             | 2028-04-22      | Variable      | 5.57%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PEU6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    325000 | PA      | $331087.54    | 0.04%             | 2029-01-24      | Variable      | 4.92%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2789000 | PA      | $2883228.79   | 0.34%             | 2031-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co.                                 | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PFD3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3170000 | PA      | $3161063.64   | 0.37%             | 2031-10-22      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                           | J.P. Morgan Mortgage Trust, Series 2023-HE2, Class A1                                     | CUSIP: 46657FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    420002 | PA      | $421911.48    | 0.05%             | 2054-03-20      | Floating      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust                         | JW Commercial Mortgage Trust, Series 2024-MRCO, Class B                                   | CUSIP: 46657XAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    436000 | PA      | $437585.12    | 0.05%             | 2039-06-15      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                           | J.P. Morgan Mortgage Trust, Series 2024-HE1, Class A1                                     | CUSIP: 46658AAA3<br>LEI: 529900PFHUFMSHU0UV97 | Long             | ABS-O            | CORP              | US        |    199022 | PA      | $199529.23    | 0.02%             | 2054-08-25      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                           | J.P. Morgan Mortgage Trust, Series 2025-HE3, Class A1                                     | CUSIP: 46660CAA5<br>LEI: 529900FDW9QWEZPAFE21 | Long             | ABS-O            | CORP              | US        |   2478882 | PA      | $2489700.68   | 0.29%             | 2056-03-20      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| Jamestown CLO IX Ltd.                                | Jamestown CLO IX Ltd., Series 2016-9A, Class BR3                                          | CUSIP: 47048JBM4<br>LEI: 254900NFTK4YH0WYT485 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4003376.00   | 0.47%             | 2034-07-25      | Floating      | 5.86%                 | Yes           |                  2 | On Loan: No      |
| JDE Peet's NV                                        | JDE Peet's NV                                                                             | CUSIP: 47216QAB9<br>LEI: 724500EHG519SE5ZRT89 | Long             | DBT              | CORP              | NL        |   3079000 | PA      | $2983941.54   | 0.35%             | 2027-01-15      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                      | Jefferies Financial Group, Inc.                                                           | CUSIP: 47233JBH0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   1426000 | PA      | $1407191.66   | 0.17%             | 2030-01-23      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| Jefferies Financial Group, Inc.                      | Jefferies Financial Group, Inc.                                                           | CUSIP: 47233JDX3<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    909000 | PA      | $791460.56    | 0.09%             | 2032-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                      | Jefferies Financial Group, Inc.                                                           | CUSIP: 47233JGT9<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   1348000 | PA      | $1196692.10   | 0.14%             | 2031-10-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: —       |
| Jersey Mike's Funding LLC                            | Jersey Mike's Funding LLC, Series 2019-1A, Class A2                                       | CUSIP: 476681AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    744735 | PA      | $745188.69    | 0.09%             | 2050-02-15      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| Jersey Mike's Funding                                | Jersey Mike's Funding, Series 2021-1A, Class A2I                                          | CUSIP: 476681AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2589565 | PA      | $2553757.01   | 0.30%             | 2052-02-15      | Fixed         | 2.89%                 | Yes           |                  2 | On Loan: No      |
| KeyBank NA                                           | KeyBank NA                                                                                | CUSIP: 49327M3F9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1427741.04   | 0.17%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: —       |
| LAD Auto Receivables Trust                           | LAD Auto Receivables Trust, Series 2024-1A, Class A3                                      | CUSIP: 501689AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    205387 | PA      | $205727.79    | 0.02%             | 2028-01-18      | Fixed         | 5.23%                 | Yes           |                  2 | On Loan: No      |
| LHOME Mortgage Trust                                 | LHOME Mortgage Trust, Series 2024-RTL1, Class A1                                          | CUSIP: 50205DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    610000 | PA      | $613085.50    | 0.07%             | 2029-01-25      | Variable      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                   | LPL Holdings, Inc.                                                                        | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   2424000 | PA      | $2384712.03   | 0.28%             | 2029-03-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| LYB International Finance III LLC                    | LYB International Finance III LLC                                                         | CUSIP: 50249AAQ6<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |   1153000 | PA      | $1157922.41   | 0.14%             | 2031-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: —       |
| Las Vegas Sands Corp.                                | Las Vegas Sands Corp.                                                                     | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   1946000 | PA      | $2042039.98   | 0.24%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                        | Lendbuzz Securitization Trust, Series 2024-1A, Class A2                                   | CUSIP: 525935AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    433451 | PA      | $435935.17    | 0.05%             | 2029-08-15      | Fixed         | 6.19%                 | Yes           |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                        | Lendbuzz Securitization Trust, Series 2025-1A, Class A2                                   | CUSIP: 525938AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    579022 | PA      | $579222.01    | 0.07%             | 2030-10-15      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                        | Lendbuzz Securitization Trust, Series 2024-3A, Class A2                                   | CUSIP: 52609YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240137 | PA      | $240238.49    | 0.03%             | 2029-10-15      | Fixed         | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                        | Lendbuzz Securitization Trust, Series 2025-2A, Class A2                                   | CUSIP: 52611JAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2156212 | PA      | $2167071.22   | 0.26%             | 2030-05-15      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                        | Lendbuzz Securitization Trust, Series 2025-2A, Class B                                    | CUSIP: 52611JAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1165000 | PA      | $1172917.57   | 0.14%             | 2030-11-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Liberty Mutual Group, Inc.                           | Liberty Mutual Group, Inc.                                                                | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   1889000 | PA      | $1863029.88   | 0.22%             | 2051-12-15      | Variable      | 4.12%                 | Yes           |                  2 | On Loan: —       |
| Liberty Utilities Co.                                | Liberty Utilities Co.                                                                     | CUSIP: 531542AA6<br>LEI: 549300UN1FEYPC5BKW09 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1643065.84   | 0.19%             | 2029-01-31      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Lithia Motors, Inc.                                  | Lithia Motors, Inc.                                                                       | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    596000 | PA      | $597474.37    | 0.07%             | 2027-12-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: —       |
| Lithia Motors, Inc.                                  | Lithia Motors, Inc.                                                                       | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |   2488000 | PA      | $2407455.63   | 0.28%             | 2029-06-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| loanDepot GMSR Trust                                 | loanDepot GMSR Trust, Series 2025-GT1, Class A                                            | CUSIP: 53946TAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1282000 | PA      | $1285123.72   | 0.15%             | 2030-05-16      | Floating      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| Loanpal Solar Loan Ltd.                              | Loanpal Solar Loan Ltd., Series 2021-1GS, Class A                                         | CUSIP: 53948PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    756528 | PA      | $639996.01    | 0.08%             | 2048-01-20      | Fixed         | 2.29%                 | Yes           |                  2 | On Loan: No      |
| Loanpal Solar Loan Ltd.                              | Loanpal Solar Loan Ltd., Series 2021-2GS, Class A                                         | CUSIP: 53948QAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1010934 | PA      | $825300.92    | 0.10%             | 2048-03-20      | Fixed         | 2.22%                 | Yes           |                  2 | On Loan: No      |
| loanDepot GMSR Trust                                 | loanDepot GMSR Trust, Series 2025-FT1, Class A                                            | CUSIP: 53949HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1548000 | PA      | $1551057.35   | 0.18%             | 2030-12-19      | Floating      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| MAPS Trust                                           | MAPS Trust, Series 2021-1A, Class A                                                       | CUSIP: 55292RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    205573 | PA      | $197155.46    | 0.02%             | 2046-06-15      | Fixed         | 2.52%                 | Yes           |                  2 | On Loan: No      |
| MMP Capital LLC                                      | MMP Capital LLC, Series 2025-A, Class A                                                   | CUSIP: 55317QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    625972 | PA      | $631862.24    | 0.07%             | 2031-12-15      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| MACH 1 Cayman Ltd.                                   | MACH 1 Cayman Ltd., Series 2019-1, Class A                                                | CUSIP: 55446MAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     86212 | PA      | $85494.99     | 0.01%             | 2039-10-15      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| Marex Group plc                                      | Marex Group plc                                                                           | CUSIP: 566539AA0<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |   1658000 | PA      | $1720234.39   | 0.20%             | 2029-11-04      | Fixed         | 6.40%                 | No            |                  2 | On Loan: —       |
| Marlette Funding Trust                               | Marlette Funding Trust, Series 2025-1A, Class B                                           | CUSIP: 570920AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2245000 | PA      | $2257545.06   | 0.27%             | 2035-07-16      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Marlette Funding Trust                               | Marlette Funding Trust, Series 2025-1A, Class C                                           | CUSIP: 570920AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    753000 | PA      | $759415.18    | 0.09%             | 2035-07-16      | Fixed         | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Marlette Funding Trust                               | Marlette Funding Trust, Series 2024-1A, Class C                                           | CUSIP: 57108VAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2226000 | PA      | $2255452.87   | 0.27%             | 2034-07-17      | Fixed         | 6.34%                 | Yes           |                  2 | On Loan: No      |
| Marlette Funding Trust                               | Marlette Funding Trust, Series 2023-1A, Class C                                           | CUSIP: 57110PAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    576867 | PA      | $578861.25    | 0.07%             | 2033-04-15      | Fixed         | 7.20%                 | Yes           |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                          | McGraw-Hill Education, Inc.                                                               | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   1283000 | PA      | $1290470.91   | 0.15%             | 2028-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: —       |
| MFA Trust                                            | MFA Trust, Series 2024-NPL1, Class A1                                                     | CUSIP: 58004YAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    426594 | PA      | $427511.10    | 0.05%             | 2054-09-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                | Mission Lane Credit Card Master Trust, Series 2025-C, Class A                             | CUSIP: 60510MCA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1608539.52   | 0.19%             | 2030-12-16      | Fixed         | 4.78%                 | Yes           |                  2 | On Loan: No      |
| Monroe Capital ABS Funding Ltd.                      | Monroe Capital ABS Funding Ltd., Series 2021-1A, Class A2                                 | CUSIP: 610331AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    627132 | PA      | $624245.70    | 0.07%             | 2031-04-22      | Fixed         | 2.81%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                             | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   9913620 | NS      | $9913620.42   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Ultra-Short Income ETF                   | Eaton Vance Ultra-Short Income ETF                                                        | CUSIP: 61774R700<br>LEI: 254900V7QBF5XYWO0K24 | Long             |  | RF                | US        |    100000 | NS      | $5088000.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Floating-Rate ETF                        | Eaton Vance Floating-Rate ETF                                                             | CUSIP: 61774R833<br>LEI: 254900BDISIY9SGE8S56 | Long             |  | RF                | US        |    252488 | NS      | $12491187.33  | 1.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Mosaic Solar Loan Trust                              | Mosaic Solar Loan Trust, Series 2019-2A, Class B                                          | CUSIP: 61945LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1354567 | PA      | $1216288.55   | 0.14%             | 2040-09-20      | Fixed         | 3.28%                 | Yes           |                  2 | On Loan: No      |
| Mosaic Solar Loan Trust                              | Mosaic Solar Loan Trust, Series 2020-1A, Class A                                          | CUSIP: 61946NAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    127844 | PA      | $113429.40    | 0.01%             | 2046-04-20      | Fixed         | 2.10%                 | Yes           |                  2 | On Loan: No      |
| Mosaic Solar Loan Trust                              | Mosaic Solar Loan Trust, Series 2021-1A, Class B                                          | CUSIP: 61947DAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    626779 | PA      | $506897.90    | 0.06%             | 2046-12-20      | Fixed         | 2.05%                 | Yes           |                  2 | On Loan: No      |
| Medline Borrower LP                                  | Medline Borrower LP                                                                       | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1317854.76   | 0.16%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: —       |
| Utah Acquisition Sub, Inc.                           | Utah Acquisition Sub, Inc.                                                                | CUSIP: 62854AAN4<br>LEI: 254900JOFV74IJ7H9933 | Long             | DBT              | CORP              | US        |   4169000 | PA      | $4160176.35   | 0.49%             | 2026-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| NLG Global Funding                                   | NLG Global Funding                                                                        | CUSIP: 62915W2B8<br>LEI: 635400SKBQOWEJZLTW68 | Long             | DBT              | CORP              | US        |   2568000 | PA      | $2538043.51   | 0.30%             | 2030-09-15      | Fixed         | 4.35%                 | Yes           |                  2 | On Loan: —       |
| BF Mortgage Trust                                    | BF Mortgage Trust, Series 2019-NYT, Class A                                               | CUSIP: 62954PAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1328000 | PA      | $1322091.06   | 0.16%             | 2035-12-15      | Floating      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NYO Commercial Mortgage Trust                        | NYO Commercial Mortgage Trust, Series 2021-1290, Class A1                                 | CUSIP: 62955HAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2035000 | PA      | $2035234.03   | 0.24%             | 2038-11-15      | Floating      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| NRZ Excess Spread-Collateralized Notes               | NRZ Excess Spread-Collateralized Notes, Series 2021-FHT1, Class A                         | CUSIP: 62955MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315261 | PA      | $311548.70    | 0.04%             | 2026-07-25      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| NYCT Trust                                           | NYCT Trust, Series 2024-3ELV, Class A                                                     | CUSIP: 62956HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1020000 | PA      | $1024559.40   | 0.12%             | 2029-08-15      | Floating      | 5.74%                 | Yes           |                  2 | On Loan: No      |
| NRM FNT1 Excess LLC                                  | NRM FNT1 Excess LLC, Series 2024-FNT1, Class A                                            | CUSIP: 62956YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275182 | PA      | $280329.17    | 0.03%             | 2031-11-25      | Variable      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| NatWest Group plc                                    | NatWest Group plc                                                                         | CUSIP: 639057AV0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   5272000 | PA      | $5416232.32   | 0.64%             | 2031-05-23      | Variable      | 5.12%                 | No            |                  2 | On Loan: —       |
| Navistar Financial Dealer Note Master Owner Trust II | Navistar Financial Dealer Note Master Owner Trust II, Series 2025-1, Class A              | CUSIP: 63938PBZ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    696000 | PA      | $699308.78    | 0.08%             | 2030-09-25      | Fixed         | 4.18%                 | Yes           |                  2 | On Loan: No      |
| Navigator Aviation Ltd.                              | Navigator Aviation Ltd., Series 2024-1, Class A                                           | CUSIP: 63943DAA7<br>LEI: 984500UF8C3O89B30652 | Long             | ABS-O            | CORP              | KY        |    561857 | PA      | $565235.47    | 0.07%             | 2049-08-15      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| Neighborly Issuer LLC                                | Neighborly Issuer LLC, Series 2021-1A, Class A2                                           | CUSIP: 64016NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1236725 | PA      | $1188336.40   | 0.14%             | 2051-04-30      | Fixed         | 3.58%                 | Yes           |                  2 | On Loan: No      |
| Neighborly Issuer                                    | Neighborly Issuer, Series 2023-1A, Class A2                                               | CUSIP: 64016NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2207575 | PA      | $2239739.37   | 0.26%             | 2053-01-30      | Fixed         | 7.31%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                  | New Residential Mortgage Loan Trust, Series 2015-1A, Class A3                             | CUSIP: 64829CAD0<br>LEI: 549300RCJSGOC0A85G53 | Long             | ABS-MBS          | CORP              | US        |     22225 | PA      | $21571.06     | 0.00%             | 2052-05-28      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                  | New Residential Mortgage Loan Trust, Series 2015-2A, Class A1                             | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     49992 | PA      | $49144.04     | 0.01%             | 2055-08-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                  | New Residential Mortgage Loan Trust, Series 2019-1A, Class A1                             | CUSIP: 64830CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135811 | PA      | $128626.99    | 0.02%             | 2057-09-25      | Variable      | 3.77%                 | Yes           |                  2 | On Loan: No      |
| NRM FHT1 Excess Owner LLC                            | NRM FHT1 Excess Owner LLC, Series 2025-FHT1, Class A                                      | CUSIP: 64832EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    453064 | PA      | $462631.71    | 0.05%             | 2032-03-25      | Variable      | 6.55%                 | Yes           |                  2 | On Loan: No      |
| NRZ Excess Spread-Collateralized Notes               | NRZ Excess Spread-Collateralized Notes, Series 2021-GNT1, Class A                         | CUSIP: 65246QAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    337043 | PA      | $331640.73    | 0.04%             | 2026-11-25      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| Newtek Small Business Loan Trust                     | Newtek Small Business Loan Trust, Series 2023-1, Class A                                  | CUSIP: 65254RAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    426605 | PA      | $430869.83    | 0.05%             | 2050-07-25      | Floating      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                | NextEra Energy Capital Holdings, Inc.                                                     | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2416000 | PA      | $2446010.10   | 0.29%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: —       |
| NextEra Energy Capital Holdings, Inc.                | NextEra Energy Capital Holdings, Inc.                                                     | CUSIP: 65339KCM0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1116000 | PA      | $1137104.48   | 0.13%             | 2028-02-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| NJ                                                   | NJ, Series 2025-WBRK, Class C                                                             | CUSIP: 65486BAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    540000 | PA      | $547209.65    | 0.06%             | 2035-03-05      | Variable      | 6.08%                 | Yes           |                  2 | On Loan: No      |
| NRTH Commercial Mortgage Trust                       | NRTH Commercial Mortgage Trust, Series 2025-PARK, Class A                                 | CUSIP: 669985AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    435000 | PA      | $436036.95    | 0.05%             | 2040-10-15      | Floating      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| ORL Trust                                            | ORL Trust, Series 2024-GLKS, Class A                                                      | CUSIP: 67120DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    712000 | PA      | $714019.23    | 0.08%             | 2039-12-15      | Floating      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| ORL Trust                                            | ORL Trust, Series 2024-GLKS, Class B                                                      | CUSIP: 67120DAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2642000 | PA      | $2651988.61   | 0.31%             | 2039-12-15      | Floating      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| ORL Trust                                            | ORL Trust, Series 2024-GLKS, Class D                                                      | CUSIP: 67120DAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    254000 | PA      | $255369.52    | 0.03%             | 2039-12-15      | Floating      | 6.54%                 | Yes           |                  2 | On Loan: No      |
| OBX Trust                                            | OBX Trust, Series 2025-HE1, Class A1                                                      | CUSIP: 67121CAA4<br>LEI: 2549002GJHC7CO92J583 | Long             | ABS-O            | CORP              | US        |   2054014 | PA      | $2068961.14   | 0.24%             | 2055-02-25      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| Oaktree Strategic Credit Fund                        | Oaktree Strategic Credit Fund                                                             | CUSIP: 67403AAB5<br>LEI: 2549006RRE0JC7G43241 | Long             | DBT              | CORP              | US        |   1398000 | PA      | $1507061.07   | 0.18%             | 2028-11-14      | Fixed         | 8.40%                 | No            |                  2 | On Loan: No      |
| Oaktree Strategic Credit Fund                        | Oaktree Strategic Credit Fund                                                             | CUSIP: 67403AAE9<br>LEI: 2549006RRE0JC7G43241 | Long             | DBT              | CORP              | US        |    661000 | PA      | $681234.54    | 0.08%             | 2029-07-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                           | Occidental Petroleum Corp.                                                                | CUSIP: 674599DU6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    975000 | PA      | $1047647.25   | 0.12%             | 2029-04-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                           | Occidental Petroleum Corp.                                                                | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   3384000 | PA      | $3470344.76   | 0.41%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: —       |
| Octane Receivables Trust                             | Octane Receivables Trust, Series 2023-1A, Class A                                         | CUSIP: 67571BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       254 | PA      | $254.26       | 0.00%             | 2029-05-21      | Fixed         | 5.87%                 | Yes           |                  2 | On Loan: No      |
| Oceanview Mortgage Loan Trust                        | Oceanview Mortgage Loan Trust, Series 2020-1, Class A1A                                   | CUSIP: 676477AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    113414 | PA      | $108312.38    | 0.01%             | 2050-05-28      | Variable      | 1.73%                 | Yes           |                  2 | On Loan: No      |
| ONEOK, Inc.                                          | ONEOK, Inc.                                                                               | CUSIP: 682680CQ4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   2539000 | PA      | $2617322.64   | 0.31%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| OneMain Financial Issuance Trust                     | OneMain Financial Issuance Trust, Series 2022-2A, Class B                                 | CUSIP: 68268VAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4415000 | PA      | $4430335.06   | 0.52%             | 2034-10-14      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                     | OneMain Financial Issuance Trust, Series 2019-2A, Class C                                 | CUSIP: 68269BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    695000 | PA      | $675748.36    | 0.08%             | 2036-10-14      | Fixed         | 3.66%                 | Yes           |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                     | OneMain Financial Issuance Trust, Series 2021-1A, Class B                                 | CUSIP: 68269MAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1627000 | PA      | $1542178.47   | 0.18%             | 2036-06-16      | Fixed         | 1.95%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust                               | Oportun Issuance Trust, Series 2021-B, Class B                                            | CUSIP: 68377GAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    196321 | PA      | $193034.56    | 0.02%             | 2031-05-08      | Fixed         | 1.96%                 | Yes           |                  2 | On Loan: No      |
| Oportun Funding Trust                                | Oportun Funding Trust, Series 2024-3, Class B                                             | CUSIP: 68377NAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $801700.56    | 0.09%             | 2029-08-15      | Fixed         | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust                               | Oportun Issuance Trust, Series 2025-A, Class A                                            | CUSIP: 68377TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $500015.00    | 0.06%             | 2033-02-08      | Fixed         | 5.01%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust                               | Oportun Issuance Trust, Series 2025-A, Class B                                            | CUSIP: 68377TAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    274000 | PA      | $273966.22    | 0.03%             | 2033-02-08      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust                               | Oportun Issuance Trust, Series 2025-A, Class C                                            | CUSIP: 68377TAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1234000 | PA      | $1231978.83   | 0.15%             | 2033-02-08      | Fixed         | 5.89%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust                               | Oportun Issuance Trust, Series 2025-C, Class B                                            | CUSIP: 68378RAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1590000 | PA      | $1593255.05   | 0.19%             | 2033-07-08      | Fixed         | 4.93%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust                               | Oportun Issuance Trust, Series 2025-C, Class C                                            | CUSIP: 68378RAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2770000 | PA      | $2771619.90   | 0.33%             | 2033-07-08      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Option One Mortgage Loan Trust                       | Option One Mortgage Loan Trust, Series 2000-5, Class A                                    | CUSIP: 68389FBH6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25971 | PA      | $26421.29     | 0.00%             | 2030-08-20      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                         | Oracle Corp.                                                                              | CUSIP: 68389XDK8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3920000 | PA      | $3785525.89   | 0.45%             | 2032-09-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Oscar US Funding XVII LLC                            | Oscar US Funding XVII LLC, Series 2024-2A, Class A2                                       | CUSIP: 68784BAB0<br>LEI: 353800UI8625NXT7ND41 | Long             | ABS-O            | CORP              | JP        |    314096 | PA      | $314223.78    | 0.04%             | 2027-12-10      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Oscar US Funding XVI LLC                             | Oscar US Funding XVI LLC, Series 2024-1A, Class A2                                        | CUSIP: 68784GAB9<br>LEI: 3538004TGTV49T7RNL88 | Long             | ABS-O            | CORP              | JP        |     26645 | PA      | $26684.66     | 0.00%             | 2027-02-10      | Fixed         | 5.48%                 | Yes           |                  2 | On Loan: No      |
| PK Alift Loan Funding 3 LP                           | PK Alift Loan Funding 3 LP, Series 2024-1, Class A1                                       | CUSIP: 69291VAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    262247 | PA      | $268333.22    | 0.03%             | 2039-09-15      | Fixed         | 5.84%                 | Yes           |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)             | PNC Financial Services Group, Inc. (The)                                                  | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1495000 | PA      | $1514763.99   | 0.18%             | 2028-01-21      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)             | PNC Financial Services Group, Inc. (The)                                                  | CUSIP: 693475CD5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1635000 | PA      | $1673841.75   | 0.20%             | 2031-05-13      | Variable      | 4.90%                 | No            |                  2 | On Loan: —       |
| PNC Bank NA                                          | PNC Bank NA                                                                               | CUSIP: 69349LAS7<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    982000 | PA      | $927630.23    | 0.11%             | 2029-10-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| PNMAC GMSR Issuer Trust                              | PNMAC GMSR Issuer Trust, Series 2024-GT1, Class A                                         | CUSIP: 69354WAJ5<br>LEI: 5493007JEN3QN6CZC711 | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $706972.98    | 0.08%             | 2029-03-25      | Floating      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| PNMAC GMSR Issuer Trust                              | PNMAC GMSR Issuer Trust, Series 2025-GT1, Class A                                         | CUSIP: 69354WAK2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1135000 | PA      | $1140096.04   | 0.13%             | 2030-08-26      | Floating      | 6.18%                 | Yes           |                  2 | On Loan: No      |
| PENN Commercial Mortgage Trust                       | PENN Commercial Mortgage Trust, Series 2025-P11, Class A                                  | CUSIP: 69382VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    960000 | PA      | $984509.18    | 0.12%             | 2042-08-10      | Variable      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| PEAC Solutions Receivables LLC                       | PEAC Solutions Receivables LLC, Series 2025-1A, Class A3                                  | CUSIP: 69392HAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430000 | PA      | $438693.31    | 0.05%             | 2032-07-20      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| PRM5 Trust                                           | PRM5 Trust, Series 2025-PRM5, Class D                                                     | CUSIP: 693980AG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $600961.38    | 0.07%             | 2033-03-10      | Variable      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| PRKCM Trust                                          | PRKCM Trust, Series 2023-AFC3, Class A2                                                   | CUSIP: 693984AB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1673064 | PA      | $1690049.56   | 0.20%             | 2058-09-25      | Variable      | 6.99%                 | Yes           |                  2 | On Loan: No      |
| PEAC Solutions Receivables LLC                       | PEAC Solutions Receivables LLC, Series 2024-1A, Class A2                                  | CUSIP: 69433BAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    218142 | PA      | $219896.43    | 0.03%             | 2027-06-21      | Fixed         | 5.79%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Grantor Trust                         | Pagaya AI Debt Grantor Trust, Series 2025-1, Class A2                                     | CUSIP: 69544NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    356607 | PA      | $359775.30    | 0.04%             | 2032-07-15      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos                                  | Petroleos Mexicanos                                                                       | CUSIP: 71654QCG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |    313000 | PA      | $317817.07    | 0.04%             | 2027-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DOC DR LLC                                           | DOC DR LLC                                                                                | CUSIP: 71951QAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2131000 | PA      | $1919721.47   | 0.23%             | 2031-11-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: —       |
| Planet Fitness Master Issuer LLC                     | Planet Fitness Master Issuer LLC, Series 2019-1A, Class A2                                | CUSIP: 72703PAC7<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |   1142100 | PA      | $1095701.50   | 0.13%             | 2049-12-05      | Fixed         | 3.86%                 | Yes           |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC                     | Planet Fitness Master Issuer LLC, Series 2022-1A, Class A2II                              | CUSIP: 72703PAE3<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    481250 | PA      | $457469.18    | 0.05%             | 2051-12-05      | Fixed         | 4.01%                 | Yes           |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC                     | Planet Fitness Master Issuer LLC, Series 2024-1A, Class A2I                               | CUSIP: 72703PAF0<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |   1050700 | PA      | $1068774.14   | 0.13%             | 2054-06-05      | Fixed         | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Post Road Equipment Finance LLC                      | Post Road Equipment Finance LLC, Series 2024-1A, Class A2                                 | CUSIP: 737473AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    187702 | PA      | $188541.22    | 0.02%             | 2029-11-15      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| PRMI Securitization Trust                            | PRMI Securitization Trust, Series 2025-CMG1, Class A1                                     | CUSIP: 74291CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1790000 | PA      | $1787632.37   | 0.21%             | 2055-12-25      | Floating      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust                     | Provident Funding Mortgage Trust, Series 2025-3, Class A3                                 | CUSIP: 74388PAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    943773 | PA      | $957505.73    | 0.11%             | 2055-08-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust                     | Provident Funding Mortgage Trust, Series 2025-5, Class A2                                 | CUSIP: 74388RAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2404333 | PA      | $2426404.34   | 0.29%             | 2055-11-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Qorvo, Inc.                                          | Qorvo, Inc.                                                                               | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1833657.15   | 0.22%             | 2031-04-01      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Rocket Mortgage LLC                                  | Rocket Mortgage LLC                                                                       | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2651000 | PA      | $2562491.86   | 0.30%             | 2029-03-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: —       |
| RAM LLC                                              | RAM LLC, Series 2025-1, Class A                                                           | CUSIP: 748950AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1618592 | PA      | $1627242.67   | 0.19%             | 2040-05-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| RCKTL                                                | RCKTL, Series 2025-2A, Class A                                                            | CUSIP: 74939HAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1531951 | PA      | $1533766.57   | 0.18%             | 2034-11-27      | Fixed         | 4.48%                 | Yes           |                  2 | On Loan: No      |
| RCKTL                                                | RCKTL, Series 2025-2A, Class B                                                            | CUSIP: 74939HAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1825000 | PA      | $1828440.86   | 0.22%             | 2034-11-27      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| RCKT Trust                                           | RCKT Trust, Series 2025-1A, Class C                                                       | CUSIP: 74939RAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1690000 | PA      | $1698685.76   | 0.20%             | 2034-07-25      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Radian Group, Inc.                                   | Radian Group, Inc.                                                                        | CUSIP: 750236AW1<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |   2749000 | PA      | $2759876.45   | 0.33%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| Radian Mortgage Capital Trust                        | Radian Mortgage Capital Trust, Series 2025-J3, Class A16                                  | CUSIP: 75024RAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    594328 | PA      | $602541.86    | 0.07%             | 2055-12-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Radnor Re Ltd.                                       | Radnor Re Ltd., Series 2023-1, Class M1A                                                  | CUSIP: 75050KAA4<br>LEI: 254900P3K895250PCC81 | Long             | ABS-MBS          | CORP              | BM        |    284912 | PA      | $286344.06    | 0.03%             | 2033-07-25      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                              | Raizen Fuels Finance SA                                                                   | CUSIP: 75102XAF3<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |   1501000 | PA      | $1262716.25   | 0.15%             | 2032-07-08      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Reach ABS Trust                                      | Reach ABS Trust, Series 2024-2A, Class A                                                  | CUSIP: 75525HAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     93456 | PA      | $93847.20     | 0.01%             | 2031-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ReadyCap Lending Small Business Loan Trust           | ReadyCap Lending Small Business Loan Trust, Series 2019-2, Class A                        | CUSIP: 75576QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     14758 | PA      | $14747.88     | 0.00%             | 2044-12-27      | Floating      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust             | Research-Driven Pagaya Motor Asset Trust, Series 2025-4A, Class A2                        | CUSIP: 76089MAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    930000 | PA      | $933901.54    | 0.11%             | 2034-04-25      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust             | Research-Driven Pagaya Motor Asset Trust, Series 2025-1A, Class A                         | CUSIP: 76089YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1499116 | PA      | $1505349.23   | 0.18%             | 2033-06-27      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust             | Research-Driven Pagaya Motor Asset Trust, Series 2025-1A, Class B                         | CUSIP: 76089YAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1203141.12   | 0.14%             | 2033-06-27      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Retained Vantage Data Centers Issuer LLC             | Retained Vantage Data Centers Issuer LLC, Series 2023-1A, Class A2A                       | CUSIP: 76134KAA2<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |    861000 | PA      | $859191.56    | 0.10%             | 2048-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Romania                                              | Romania Government Bond                                                                   | CUSIP: 77586RAR1<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   2311000 | PA      | $2512083.88   | 0.30%             | 2033-01-17      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Royal Bank of Canada                                 | Royal Bank of Canada                                                                      | CUSIP: 78017DAH1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1803000 | PA      | $1844527.56   | 0.22%             | 2031-05-02      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                 | Royal Bank of Canada                                                                      | CUSIP: 78017DAM0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   3963000 | PA      | $4015695.34   | 0.47%             | 2031-08-06      | Variable      | 4.70%                 | No            |                  2 | On Loan: —       |
| Royal Bank of Canada                                 | Royal Bank of Canada                                                                      | CUSIP: 78017DAQ1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   3491000 | PA      | $3475607.69   | 0.41%             | 2031-11-03      | Variable      | 4.30%                 | No            |                  2 | On Loan: —       |
| SHR Trust                                            | SHR Trust, Series 2024-LXRY, Class A                                                      | CUSIP: 784234AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $501847.70    | 0.06%             | 2041-10-15      | Floating      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                           | STAR Trust, Series 2021-SFR2, Class F                                                     | CUSIP: 78474LAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    317097 | PA      | $317637.13    | 0.04%             | 2039-01-17      | Floating      | 6.70%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                           | STAR Trust, Series 2022-SFR3, Class F                                                     | CUSIP: 78474PAN7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    551577 | PA      | $554504.40    | 0.07%             | 2039-05-17      | Floating      | 8.24%                 | Yes           |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust              | Saluda Grade Alternative Mortgage Trust, Series 2025-LOC5, Class A1A                      | CUSIP: 79581XAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3088575 | PA      | $3096283.74   | 0.37%             | 2055-10-25      | Floating      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes              | Santander Bank Auto Credit-Linked Notes, Series 2023-A, Class F                           | CUSIP: 80290CBY9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1510000 | PA      | $1574726.60   | 0.19%             | 2033-06-15      | Fixed         | 13.75%                | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes              | Santander Bank Auto Credit-Linked Notes, Series 2025-A, Class B                           | CUSIP: 80290CCR3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1165197 | PA      | $1168657.64   | 0.14%             | 2034-01-16      | Fixed         | 4.48%                 | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes              | Santander Bank Auto Credit-Linked Notes, Series 2025-A, Class C                           | CUSIP: 80290CCS1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    779975 | PA      | $782298.55    | 0.09%             | 2034-01-16      | Fixed         | 4.66%                 | Yes           |                  2 | On Loan: No      |
| SDR Commercial Mortgage Trust                        | SDR Commercial Mortgage Trust, Series 2024-DSNY, Class B                                  | CUSIP: 811304AE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    437000 | PA      | $436513.14    | 0.05%             | 2039-05-15      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.            | Seagate Data Storage Technology Pte. Ltd.                                                 | CUSIP: 81180LAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   1562000 | PA      | $1774168.44   | 0.21%             | 2032-12-01      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Seaspan Corp.                                        | Seaspan Corp.                                                                             | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |   1090000 | PA      | $1036091.27   | 0.12%             | 2029-08-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                               | Sequoia Mortgage Trust, Series 2004-7, Class A2                                           | CUSIP: 81744FCW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     39837 | PA      | $37295.35     | 0.00%             | 2034-08-20      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer LLC                           | Service Experts Issuer LLC, Series 2025-1A, Class A                                       | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1858796 | PA      | $1862477.37   | 0.22%             | 2037-01-20      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ServiceMaster Funding LLC                            | ServiceMaster Funding LLC, Series 2020-1, Class A2I                                       | CUSIP: 81761TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3278170 | PA      | $3122226.96   | 0.37%             | 2051-01-30      | Fixed         | 2.84%                 | Yes           |                  2 | On Loan: No      |
| ServiceMaster Funding LLC                            | ServiceMaster Funding LLC, Series 2021-1, Class A2I                                       | CUSIP: 81761TAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    786533 | PA      | $738222.89    | 0.09%             | 2051-07-30      | Fixed         | 2.87%                 | Yes           |                  2 | On Loan: No      |
| SERVPRO Master Issuer LLC                            | SERVPRO Master Issuer LLC, Series 2021-1A, Class A2                                       | CUSIP: 817743AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1590075 | PA      | $1505430.54   | 0.18%             | 2051-04-25      | Fixed         | 2.39%                 | Yes           |                  2 | On Loan: No      |
| SERVPRO Master Issuer LLC                            | SERVPRO Master Issuer LLC, Series 2025-1A, Class A2                                       | CUSIP: 817743AL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1858000 | PA      | $1854863.70   | 0.22%             | 2055-10-25      | Fixed         | 5.53%                 | Yes           |                  2 | On Loan: No      |
| Silver Hill Trust                                    | Silver Hill Trust, Series 2019-1, Class A1                                                | CUSIP: 82773XAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     15963 | PA      | $15907.25     | 0.00%             | 2049-11-25      | Variable      | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Delta Air Lines, Inc.                                | Delta Air Lines, Inc.                                                                     | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4953200 | PA      | $4984106.63   | 0.59%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Smithfield Foods, Inc.                               | Smithfield Foods, Inc.                                                                    | CUSIP: 832248AZ1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |   5061000 | PA      | $5045357.01   | 0.60%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Societe Generale SA                                  | Societe Generale SA                                                                       | CUSIP: 83368RCG5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   3760000 | PA      | $3878383.83   | 0.46%             | 2031-05-22      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: —       |
| SoFi Consumer Loan Program Trust                     | SoFi Consumer Loan Program Trust, Series 2025-4, Class B                                  | CUSIP: 83405UAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3012166.80   | 0.36%             | 2035-08-25      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| SoFi Consumer Loan Program Trust                     | SoFi Consumer Loan Program Trust, Series 2025-2, Class B                                  | CUSIP: 83407HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    945000 | PA      | $955072.28    | 0.11%             | 2034-06-25      | Fixed         | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Lunar Structured Aircraft Portfolio Notes            | Lunar Structured Aircraft Portfolio Notes, Series 2021-1, Class A                         | CUSIP: 83438LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1227903 | PA      | $1172828.71   | 0.14%             | 2046-10-15      | Fixed         | 2.64%                 | Yes           |                  2 | On Loan: No      |
| Sonic Automotive, Inc.                               | Sonic Automotive, Inc.                                                                    | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |   1522000 | PA      | $1495118.62   | 0.18%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: —       |
| Smyrna Ready Mix Concrete LLC                        | Smyrna Ready Mix Concrete LLC                                                             | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   2130000 | PA      | $2141484.96   | 0.25%             | 2028-11-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| STAR Trust                                           | STAR Trust, Series 2025-SFR5, Class A                                                     | CUSIP: 85520CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1277314 | PA      | $1279374.66   | 0.15%             | 2042-02-17      | Floating      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                           | STAR Trust, Series 2025-SFR5, Class C                                                     | CUSIP: 85520CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    497000 | PA      | $497705.64    | 0.06%             | 2042-02-17      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                           | STAR Trust, Series 2025-SFR6, Class B                                                     | CUSIP: 85520EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1129000 | PA      | $1130409.10   | 0.13%             | 2042-08-17      | Floating      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| Start Ltd.                                           | Start Ltd., Series 2018-1, Class A                                                        | CUSIP: 85572RAA7<br>LEI: 549300VIQYFIDJQCKZ43 | Long             | ABS-O            | CORP              | BM        |    538975 | PA      | $539892.42    | 0.06%             | 2043-05-15      | Fixed         | 4.09%                 | Yes           |                  2 | On Loan: No      |
| Start II Ltd.                                        | Start II Ltd., Series 2019-1, Class A                                                     | CUSIP: 85573LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    857031 | PA      | $855052.37    | 0.10%             | 2044-03-15      | Fixed         | 4.09%                 | Yes           |                  2 | On Loan: No      |
| Stellantis Financial Services US Corp.               | Stellantis Financial Services US Corp.                                                    | CUSIP: 85855FAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5090000 | PA      | $5171540.48   | 0.61%             | 2030-09-15      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| Stream Innovations Issuer Trust                      | Stream Innovations Issuer Trust, Series 2024-1A, Class A                                  | CUSIP: 86324CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    219580 | PA      | $228477.68    | 0.03%             | 2044-07-15      | Fixed         | 6.27%                 | Yes           |                  2 | On Loan: No      |
| Subway Funding LLC                                   | Subway Funding LLC, Series 2024-3A, Class A2I                                             | CUSIP: 864300AG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1513229 | PA      | $1510557.84   | 0.18%             | 2054-07-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Subway Funding LLC                                   | Subway Funding LLC, Series 2024-3A, Class A2II                                            | CUSIP: 864300AJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $491992.92    | 0.06%             | 2054-07-30      | Fixed         | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Sunnova Helios V Issuer LLC                          | Sunnova Helios V Issuer LLC, Series 2021-A, Class A                                       | CUSIP: 86746EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    695156 | PA      | $550223.51    | 0.07%             | 2048-02-20      | Fixed         | 1.80%                 | Yes           |                  2 | On Loan: No      |
| Swedbank AB                                          | Swedbank AB                                                                               | CUSIP: 87020PAX5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   1516000 | PA      | $1538477.88   | 0.18%             | 2026-09-12      | Fixed         | 6.14%                 | Yes           |                  2 | On Loan: No      |
| Synovus Financial Corp.                              | Synovus Financial Corp.                                                                   | CUSIP: 87161CAP0<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |   2319000 | PA      | $2410780.34   | 0.29%             | 2030-11-01      | Variable      | 6.17%                 | No            |                  2 | On Loan: —       |
| TD SYNNEX Corp.                                      | TD SYNNEX Corp.                                                                           | CUSIP: 87162WAM2<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |    985000 | PA      | $983420.27    | 0.12%             | 2029-01-17      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Synovus Bank                                         | Synovus Bank                                                                              | CUSIP: 87164DVJ6<br>LEI: DX0JX77PRMOELF7VG772 | Long             | DBT              | CORP              | US        |   1828000 | PA      | $1867908.51   | 0.22%             | 2028-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                   | T-Mobile USA, Inc.                                                                        | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   3080000 | PA      | $2814712.30   | 0.33%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| TYSN Mortgage Trust                                  | TYSN Mortgage Trust, Series 2023-CRNR, Class A                                            | CUSIP: 87332PAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    540000 | PA      | $568910.09    | 0.07%             | 2033-12-10      | Variable      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| GAIA Aviation Ltd.                                   | GAIA Aviation Ltd., Series 2019-1, Class A                                                | CUSIP: 87404LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    324928 | PA      | $322069.96    | 0.04%             | 2044-12-15      | Variable      | 3.97%                 | Yes           |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                        | TerraForm Power Operating LLC                                                             | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1496000 | PA      | $1495427.18   | 0.18%             | 2028-01-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Tesla Lease Electric Vehicle Securitization LLC      | Tesla Lease Electric Vehicle Securitization LLC, Series 2025-A, Class A3                  | CUSIP: 88162VAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2205000 | PA      | $2217774.45   | 0.26%             | 2028-11-20      | Fixed         | 4.27%                 | Yes           |                  2 | On Loan: No      |
| Theorem Funding Trust                                | Theorem Funding Trust, Series 2022-3A, Class B                                            | CUSIP: 882925AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    672200 | PA      | $676370.08    | 0.08%             | 2029-04-15      | Fixed         | 8.95%                 | Yes           |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                            | Towd Point Mortgage Trust, Series 2025-HE2, Class A1A                                     | CUSIP: 89183PAA4<br>LEI: 254900HCCXAYNB40M417 | Long             | ABS-O            | CORP              | US        |   3047349 | PA      | $3054955.54   | 0.36%             | 2065-09-25      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                      | TransDigm, Inc.                                                                           | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1229000 | PA      | $1268965.79   | 0.15%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: —       |
| Tricon Residential Trust                             | Tricon Residential Trust, Series 2025-SFR1, Class C                                       | CUSIP: 895974AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1620000 | PA      | $1622620.84   | 0.19%             | 2042-03-17      | Floating      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corp.                               | Truist Financial Corp.                                                                    | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2138000 | PA      | $2155500.51   | 0.25%             | 2027-06-08      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Truist Bank Auto Credit-Linked Notes                 | Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class B                              | CUSIP: 897926CB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2187194 | PA      | $2191857.95   | 0.26%             | 2033-09-26      | Fixed         | 4.73%                 | Yes           |                  2 | On Loan: No      |
| TX Trust                                             | TX Trust, Series 2024-HOU, Class A                                                        | CUSIP: 90216DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1375000 | PA      | $1377565.75   | 0.16%             | 2039-06-15      | Floating      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                         | UBS Group AG                                                                              | CUSIP: 90352JAC7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   5481000 | PA      | $5482319.99   | 0.65%             | 2028-03-23      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Uber Technologies, Inc.                              | Uber Technologies, Inc.                                                                   | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1658000 | PA      | $1661312.68   | 0.20%             | 2029-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: —       |
| United Airlines, Inc.                                | United Airlines, Inc.                                                                     | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   4454000 | PA      | $4451108.46   | 0.53%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bills                                                                       | CUSIP: 912797ST5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   1730000 | PA      | $1719803.48   | 0.20%             | 2026-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                                       | CUSIP: 912810FM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1056000 | PA      | $1164528.75   | 0.14%             | 2030-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Bonds                                                                       | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     89000 | PA      | $57804.80     | 0.01%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19758000 | PA      | $19322706.56  | 2.28%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 912828YB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1787000 | PA      | $1668436.73   | 0.20%             | 2029-08-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1058000 | PA      | $988217.46    | 0.12%             | 2029-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     65000 | PA      | $57054.00     | 0.01%             | 2030-05-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    448000 | PA      | $389900.00    | 0.05%             | 2030-08-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5869000 | PA      | $5131477.63   | 0.61%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CCE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     90000 | PA      | $85345.31     | 0.01%             | 2028-05-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     71000 | PA      | $66627.68     | 0.01%             | 2028-07-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CCY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    288000 | PA      | $270956.25    | 0.03%             | 2028-09-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CDF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     37000 | PA      | $34863.83     | 0.00%             | 2028-10-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CDP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    845000 | PA      | $793458.30    | 0.09%             | 2028-12-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CEW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1132000 | PA      | $1128263.52   | 0.13%             | 2027-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CFB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1314000 | PA      | $1299345.83   | 0.15%             | 2027-07-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CHA2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     54000 | PA      | $53997.89     | 0.01%             | 2028-04-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CHJ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     75000 | PA      | $75193.36     | 0.01%             | 2030-06-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CHM6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1183000 | PA      | $1189131.43   | 0.14%             | 2026-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CHU8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    380000 | PA      | $381821.74    | 0.05%             | 2026-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CJK8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1350000 | PA      | $1362177.96   | 0.16%             | 2026-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CKE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    213000 | PA      | $214838.79    | 0.03%             | 2027-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CKG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4517000 | PA      | $4592695.03   | 0.54%             | 2029-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CKT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4751000 | PA      | $4888426.38   | 0.58%             | 2029-05-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CKY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16729700 | PA      | $16817321.47  | 1.99%             | 2026-06-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CLS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2270000 | PA      | $2279881.29   | 0.27%             | 2026-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CMP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2322000 | PA      | $2337963.75   | 0.28%             | 2027-02-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CNM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4229000 | PA      | $4265177.78   | 0.50%             | 2028-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States of America                             | U.S. Treasury Notes                                                                       | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20000 | PA      | $19801.56     | 0.00%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UPX HIL Issuer Trust                                 | UPX HIL Issuer Trust, Series 2025-1, Class A                                              | CUSIP: 916925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2647574 | PA      | $2670162.42   | 0.32%             | 2047-01-25      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| VCP RRL ABS I Ltd.                                   | VCP RRL ABS I Ltd., Series 2021-1A, Class A                                               | CUSIP: 92243RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    158209 | PA      | $156145.91    | 0.02%             | 2031-10-20      | Fixed         | 2.15%                 | Yes           |                  2 | On Loan: No      |
| VICI Properties LP                                   | VICI Properties LP                                                                        | CUSIP: 92564RAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2599000 | PA      | $2551995.66   | 0.30%             | 2029-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Videotron Ltd.                                       | Videotron Ltd.                                                                            | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |   1228000 | PA      | $1196244.45   | 0.14%             | 2029-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                            | Vistra Operations Co. LLC                                                                 | CUSIP: 92840VAX0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2177000 | PA      | $2184717.47   | 0.26%             | 2028-10-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Vontier Corp.                                        | Vontier Corp.                                                                             | CUSIP: 928881AB7<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |   3534000 | PA      | $3511842.84   | 0.42%             | 2026-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                    | Wells Fargo & Co., Series BB                                                              | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2862000 | PA      | $2854842.25   | 0.34%             | 2026-03-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Willis Engine Structured Trust VIII                  | Willis Engine Structured Trust VIII, Series 2025-A, Class A                               | CUSIP: 97063RAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1630601 | PA      | $1659265.50   | 0.20%             | 2050-06-15      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Willis North America, Inc.                           | Willis North America, Inc.                                                                | CUSIP: 970648AP6<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2153524.56   | 0.25%             | 2031-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Willis Engine Structured Trust IX                    | Willis Engine Structured Trust IX, Series 2025-B, Class A                                 | CUSIP: 970910AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2058000 | PA      | $2066246.82   | 0.24%             | 2050-12-15      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Wingspire Equipment Finance LLC                      | Wingspire Equipment Finance LLC, Series 2024-1A, Class A2                                 | CUSIP: 97415AAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235997 | PA      | $237445.10    | 0.03%             | 2032-09-20      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| Wingspire Equipment Finance LLC                      | Wingspire Equipment Finance LLC, Series 2025-1A, Class A2                                 | CUSIP: 97415CAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1105000 | PA      | $1107519.29   | 0.13%             | 2033-09-20      | Fixed         | 4.33%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                  | U.S. Treasury 5 Year Notes                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       859 | NC      | $-304724.40   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC                             | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  43252125 | NS      | $43252125.00  | 5.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | U.S. Treasury 2 Year Notes                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       584 | NC      | $-56387.84    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | U.S. Treasury 10 Year Notes                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -316 | NC      | $231248.87    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | U.S. Treasury 10 Year Ultra Bonds                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -60 | NC      | $47697.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Morgan Stanley ETF Trust

**Signature:** Francis J. Smith

**Name of Signer:** Francis J. Smith

**Title:** Principal Financial Officer