# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0000910472-26-010047
**Filing Date:** 2026-6
**Character Count:** 178759
**Document Hash:** 4f438523d10b187842e012ca2d896674
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-010047.hdr.sgml**: 20260629

**ACCESSION NUMBER**: 0000910472-26-010047

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260629

**DATE AS OF CHANGE**: 20260629

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Two Roads Shared Trust
- **CENTRAL INDEX KEY:** 0001552947

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 261131701

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Anfield Universal Fixed Income ETF (Series ID: S000062994)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000204431 | Anfield Universal Fixed Income ETF |  |

## Nport-Ex

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **ASSET BACKED SECURITIES — 15.0%** | **ASSET BACKED SECURITIES — 15.0%** |  |  |  |
|  | **CLO** — **15.0%** | **CLO** — **15.0%** |  |  |  |
| 1500000 | AGL CLO 3 LTD Series 3A CR<sup>(a),(b)</sup> | 1\*TSFR3M + 1.800% | 5.4730 | &nbsp;&nbsp;&nbsp;04/15/38 | $1500920 |
| 1500000 | AGL CLO 6 LTD Series 6A D1R2<sup>(a),(b)</sup> | 1\*TSFR3M + 3.300% | 6.9750 | &nbsp;&nbsp;&nbsp;04/20/38 | 1424424 |
| 2000000 | Aimco CLO 14 Ltd. Series 14A CR<sup>(a),(b)</sup> | 1\*TSFR3M + 1.700% | 5.3750 | &nbsp;&nbsp;&nbsp;10/20/38 | 1998636 |
| 2000000 | AIMCO CLO Series 2017-A Series AA D1R2<sup>(a),(b)</sup> | 1\*TSFR3M + 2.400% | 6.0750 | &nbsp;&nbsp;&nbsp;01/20/38 | 1981050 |
| 1500000 | Allegro CLO XV Ltd. Series 1A D1AR<sup>(a),(b)</sup> | 1\*TSFR3M + 3.000% | 6.6750 | &nbsp;&nbsp;&nbsp;04/20/38 | 1491021 |
| 1000000 | Battalion Clo 17 Ltd. Series 17A CR<sup>(a),(b)</sup> | 1\*TSFR3M + 2.250% | 5.9250 | &nbsp;&nbsp;&nbsp;03/09/34 | 1001142 |
| 3000000 | CBAMR 2021-14 LTD Series 14A D1R<sup>(a),(b)</sup> | 1\*TSFR3M + 2.950% | 6.6250 | &nbsp;&nbsp;&nbsp;10/20/38 | 2985926 |
| 1500000 | Dryden 109 CLO Ltd. Series 109A BR<sup>(a),(b)</sup> | 1\*TSFR3M + 1.570% | 5.2430 | &nbsp;&nbsp;&nbsp;04/15/38 | 1505625 |
| 1600000 | Dryden 55 CLO Ltd. Series 2018-55A D<sup>(a),(b)</sup> | 1\*TSFR3M + 3.112% | 6.7850 | &nbsp;&nbsp;&nbsp;04/15/31 | 1607346 |
| 1000000 | ICG US Clo 2021-3 Ltd. Series 3A CR<sup>(a),(b)</sup> | 1\*TSFR3M + 2.100% | 5.7750 | &nbsp;&nbsp;&nbsp;10/20/34 | 1000814 |
| 2000000 | KKR CLO 27 LTD Series 27A D1R2<sup>(a),(b)</sup> | 1\*TSFR3M + 2.900% | 6.5730 | &nbsp;&nbsp;&nbsp;01/15/35 | 1985606 |
| 1500000 | Madison Park Funding XLV Ltd. Series 45A CRR<sup>(a),(b)</sup> | 1\*TSFR3M + 1.900% | 5.5730 | &nbsp;&nbsp;&nbsp;07/15/34 | 1495934 |
| 2000000 | Oaktree CLO 2020-1 Ltd. Series 1A CRR<sup>(a),(b)</sup> | 1\*TSFR3M + 1.750% | 5.4230 | &nbsp;&nbsp;&nbsp;01/15/38 | 2002428 |
| 2000000 | Oaktree CLO 2025-29 Ltd. Series 29A C<sup>(a),(b)</sup> | 1\*TSFR3M + 1.850% | 5.5230 | &nbsp;&nbsp;&nbsp;04/15/38 | 2001206 |
| 1000000 | Octagon Investment Partners 32 Ltd. Series 1A A2R3<sup>(a),(b)</sup> | 1\*TSFR3M + 1.600% | 5.2730 | &nbsp;&nbsp;&nbsp;10/31/37 | 999975 |
| 2150000 | OZLM XXIV Ltd. Series 24A C2<sup>(a),(b)</sup> | 1\*TSFR3M + 4.522% | 8.1970 | &nbsp;&nbsp;&nbsp;07/20/32 | 2159004 |
| 1750000 | Shackleton 2014-V-R CLO Ltd. Series 2014-5RA D<sup>(a),(b)</sup> | 1\*TSFR3M + 3.412% | 7.0720 | &nbsp;&nbsp;&nbsp;05/07/31 | 1753848 |
| 1000000 | TCW CLO 2017-1 Ltd. Series 1A AJR4<sup>(a),(b)</sup> | 1\*TSFR3M + 1.500% | 5.1670 | &nbsp;&nbsp;&nbsp;03/24/38 | 1000741 |
| 2000000 | Trimaran Cavu 2019-1 Ltd. Series 1A CR<sup>(a),(b)</sup> | 1\*TSFR3M + 1.950% | 5.6250 | &nbsp;&nbsp;&nbsp;01/20/37 | 2003964 |
| 2000000 | Wind River 2021-3 CLO Ltd. Series 3A D1AR<sup>(a),(b)</sup> | 1\*TSFR3M + 3.000% | 6.6750 | &nbsp;&nbsp;&nbsp;04/20/38 | 1999940 |
|  |  |  |  |  | 33899550 |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS** — **0.0%<sup>(c)</sup>** | **COLLATERALIZED MORTGAGE OBLIGATIONS** — **0.0%<sup>(c)</sup>** |  |  |  |
| 38820 | Alternative Loan Trust 2007-J1 Series 2007-J1 3A2<sup>(d)</sup> |  | 4.1370 | &nbsp;&nbsp;&nbsp;11/25/36 | 36769 |
| 1655925 | BCAP, LLC Trust 2007-AA2 Series 2007-AA2 21IO<sup>(b),(e)</sup> |  | 0.4210 | &nbsp;&nbsp;&nbsp;04/25/37 | 29508 |
|  |  |  |  |  | 66277 |
|  | **TOTAL ASSET BACKED SECURITIES (Cost $34,162,120)** | **TOTAL ASSET BACKED SECURITIES (Cost $34,162,120)** |  |  | 33965827 |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0%** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0%** |  |  |  |
| 19314 | Fannie Mae Interest Strip Series 291 2<sup>(e)</sup> |  | 8.0000 | &nbsp;&nbsp;&nbsp;11/25/27 | 594 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** |  |  |  |
| 50721 | Fannie Mae Interest Strip Series 343 6<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;10/25/33 | $4965 |
| 61941 | Fannie Mae Interest Strip Series 346 2<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;12/25/33 | 8314 |
| 39802 | Fannie Mae Interest Strip Series 355 12<sup>(b),(e)</sup> |  | 6.0000 | &nbsp;&nbsp;&nbsp;07/25/34 | 4394 |
| 208683 | Fannie Mae Interest Strip Series 364 2<sup>(e)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;09/25/35 | 25842 |
| 347756 | Fannie Mae Interest Strip Series 365 4<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;04/25/36 | 48810 |
| 95560 | Fannie Mae Interest Strip Series 384 28<sup>(b),(e)</sup> |  | 6.0000 | &nbsp;&nbsp;&nbsp;05/25/36 | 14801 |
| 56085 | Fannie Mae Interest Strip Series 370 2<sup>(e)</sup> |  | 6.0000 | &nbsp;&nbsp;&nbsp;06/25/36 | 10743 |
| 502384 | Fannie Mae Interest Strip Series 378 4<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;07/25/36 | 81456 |
| 368143 | Fannie Mae Interest Strip Series 371 2<sup>(e)</sup> |  | 6.5000 | &nbsp;&nbsp;&nbsp;07/25/36 | 68384 |
| 94242 | Fannie Mae Interest Strip Series 377 2<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;10/25/36 | 15115 |
| 1126032 | Fannie Mae Interest Strip Series 395 7<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;11/25/36 | 201031 |
| 58689 | Fannie Mae Interest Strip Series 383 20<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;07/25/37 | 8857 |
| 296061 | Fannie Mae Interest Strip Series 385 3<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;01/25/38 | 43846 |
| 324732 | Fannie Mae Interest Strip Series 407 40<sup>(e)</sup> |  | 6.0000 | &nbsp;&nbsp;&nbsp;01/25/38 | 60763 |
| 608806 | Fannie Mae Interest Strip Series 398 C9<sup>(e)</sup> |  | 6.0000 | &nbsp;&nbsp;&nbsp;05/25/39 | 158358 |
| 176581 | Fannie Mae Interest Strip Series 396 2<sup>(e)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;06/25/39 | 24268 |
| 252110 | Fannie Mae Interest Strip Series 399 2<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;11/25/39 | 49693 |
| 692175 | Fannie Mae Interest Strip Series 408 C4<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;11/25/40 | 118653 |
| 274471 | Fannie Mae Interest Strip Series 409 C18<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;04/25/42 | 48217 |
| 26626 | Fannie Mae REMICS Series 2001-32 SA<sup>(b),(e)</sup> | -1\*SOFR30A + 7.836% | 4.1900 | &nbsp;&nbsp;&nbsp;07/25/31 | 1348 |
| 253760 | Fannie Mae REMICS Series 2003-7 SN<sup>(b),(e)</sup> | -1\*SOFR30A + 7.636% | 3.9900 | &nbsp;&nbsp;&nbsp;02/25/33 | 30935 |
| 69142 | Fannie Mae REMICS Series 2003-43 IY<sup>(e)</sup> |  | 6.0000 | &nbsp;&nbsp;&nbsp;05/25/33 | 8454 |
| 125029 | Fannie Mae REMICS Series 2004-62 TP<sup>(b),(e)</sup> | -5.5\*SOFR30A + 37.870% | 5.5000 | &nbsp;&nbsp;&nbsp;07/25/33 | 13032 |
| 159965 | Fannie Mae REMICS Series 2004-70 XJ<sup>(b),(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;10/25/34 | 19967 |
| 120549 | Fannie Mae REMICS Series 2004-91 DS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.536% | 2.8900 | &nbsp;&nbsp;&nbsp;12/25/34 | 10996 |
| 40169 | Fannie Mae REMICS Series 2005-87 SE<sup>(b),(e)</sup> | -1\*SOFR30A + 5.936% | 2.2900 | &nbsp;&nbsp;&nbsp;10/25/35 | 3131 |
| 64378 | Fannie Mae REMICS Series 2005-89 S<sup>(b),(e)</sup> | -1\*SOFR30A + 6.586% | 2.9400 | &nbsp;&nbsp;&nbsp;10/25/35 | 5141 |
| 105867 | Fannie Mae REMICS Series 2007-28 LS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.511% | 2.8650 | &nbsp;&nbsp;&nbsp;01/25/36 | 10981 |
| 13481 | Fannie Mae REMICS Series 2006-8 WN<sup>(b),(e)</sup> | -1\*SOFR30A + 6.586% | 2.9400 | &nbsp;&nbsp;&nbsp;03/25/36 | 1189 |
| 26886 | Fannie Mae REMICS Series 2006-8 HL<sup>(b),(e)</sup> | -1\*SOFR30A + 6.586% | 2.9400 | &nbsp;&nbsp;&nbsp;03/25/36 | 2693 |
| 899228 | Fannie Mae REMICS Series 2007-18 BF<sup>(b),(e)</sup> | 1\*SOFR30A + 0.494% | 4.1400 | &nbsp;&nbsp;&nbsp;04/25/36 | 77359 |
| 923210 | Fannie Mae REMICS Series 2007-28 CF<sup>(b),(e)</sup> | 1\*SOFR30A + 0.504% | 4.1500 | &nbsp;&nbsp;&nbsp;07/25/36 | 95213 |
| 76119 | Fannie Mae REMICS Series 2006-101 SA<sup>(b),(e)</sup> | -1\*SOFR30A + 6.466% | 2.8200 | &nbsp;&nbsp;&nbsp;10/25/36 | 8909 |
| 82526 | Fannie Mae REMICS Series 2006-116 S<sup>(b),(e)</sup> | -1\*SOFR30A + 6.486% | 2.8400 | &nbsp;&nbsp;&nbsp;12/25/36 | 7434 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** |  |  |  |
| 33620 | Fannie Mae REMICS Series 2006-125 SM<sup>(b),(e)</sup> | -1\*SOFR30A + 7.086% | 3.4400 | &nbsp;&nbsp;&nbsp;01/25/37 | $3672 |
| 136313 | Fannie Mae REMICS Series 2007-36 SN<sup>(b),(e)</sup> | -1\*SOFR30A + 6.656% | 3.0100 | &nbsp;&nbsp;&nbsp;04/25/37 | 12709 |
| 488777 | Fannie Mae REMICS Series 2007-55 S<sup>(b),(e)</sup> | -1\*SOFR30A + 6.646% | 3.0000 | &nbsp;&nbsp;&nbsp;06/25/37 | 14126 |
| 62802 | Fannie Mae REMICS Series 2007-72 EK<sup>(b),(e)</sup> | -1\*SOFR30A + 6.286% | 2.6400 | &nbsp;&nbsp;&nbsp;07/25/37 | 6126 |
| 58607 | Fannie Mae REMICS Series 2007-66 AS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.486% | 2.8400 | &nbsp;&nbsp;&nbsp;07/25/37 | 5075 |
| 408759 | Fannie Mae REMICS Series 2007-88 MI<sup>(b),(e)</sup> | -1\*SOFR30A + 6.406% | 2.7600 | &nbsp;&nbsp;&nbsp;09/25/37 | 24457 |
| 62538 | Fannie Mae REMICS Series 2007-106 SN<sup>(b),(e)</sup> | -1\*SOFR30A + 6.296% | 2.6500 | &nbsp;&nbsp;&nbsp;11/25/37 | 5584 |
| 133093 | Fannie Mae REMICS Series 2007-109 DI<sup>(b),(e)</sup> | -1\*SOFR30A + 6.286% | 2.6400 | &nbsp;&nbsp;&nbsp;12/25/37 | 14988 |
| 194871 | Fannie Mae REMICS Series 2007-117 SM<sup>(b),(e)</sup> | -1\*SOFR30A + 6.186% | 2.5400 | &nbsp;&nbsp;&nbsp;01/25/38 | 17401 |
| 3456534 | Fannie Mae REMICS Series 2010-89 AI<sup>(b),(e)</sup> | -1\*SOFR30A + 6.336% | 0.1500 | &nbsp;&nbsp;&nbsp;02/25/38 | 11164 |
| 1198320 | Fannie Mae REMICS Series 2008-58 SE<sup>(b),(e)</sup> | -1\*SOFR30A + 5.886% | 2.2400 | &nbsp;&nbsp;&nbsp;07/25/38 | 110150 |
| 185104 | Fannie Mae REMICS Series 2009-66 SH<sup>(b),(e)</sup> | -1\*SOFR30A + 5.936% | 2.2900 | &nbsp;&nbsp;&nbsp;09/25/39 | 9981 |
| 67031 | Fannie Mae REMICS Series 2009-112 ST<sup>(b),(e)</sup> | -1\*SOFR30A + 6.136% | 2.4900 | &nbsp;&nbsp;&nbsp;01/25/40 | 6359 |
| 50809 | Fannie Mae REMICS Series 2010-126 UI<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;10/25/40 | 4324 |
| 186489 | Fannie Mae REMICS Series 2010-130 HI<sup>(e)</sup> |  | 6.0000 | &nbsp;&nbsp;&nbsp;11/25/40 | 33741 |
| 259608 | Fannie Mae REMICS Series 2010-139 SA<sup>(b),(e)</sup> | -1\*SOFR30A + 5.916% | 2.2700 | &nbsp;&nbsp;&nbsp;12/25/40 | 26833 |
| 54227 | Fannie Mae REMICS Series 2011-11 PI<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;03/25/41 | 5811 |
| 160419 | Fannie Mae REMICS Series 2017-87 KI<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;06/25/41 | 19506 |
| 231972 | Fannie Mae REMICS Series 2011-96 SA<sup>(b),(e)</sup> | -1\*SOFR30A + 6.436% | 2.7900 | &nbsp;&nbsp;&nbsp;10/25/41 | 16153 |
| 1298016 | Fannie Mae REMICS Series 2012-30 CI<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;10/25/41 | 116901 |
| 1077039 | Fannie Mae REMICS Series 2011-122 DS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.406% | 2.7600 | &nbsp;&nbsp;&nbsp;12/25/41 | 121540 |
| 256589 | Fannie Mae REMICS Series 2012-68 NS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.586% | 2.9400 | &nbsp;&nbsp;&nbsp;03/25/42 | 9280 |
| 549915 | Fannie Mae REMICS Series 2012-89 SA<sup>(b),(e)</sup> | -1\*SOFR30A + 5.436% | 1.7900 | &nbsp;&nbsp;&nbsp;08/25/42 | 43668 |
| 1004669 | Fannie Mae REMICS Series 2012-103 TI<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;09/25/42 | 156998 |
| 60256 | Fannie Mae REMICS Series 2014-68 IB<sup>(e)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;02/25/43 | 6064 |
| 210511 | Fannie Mae REMICS Series 2013-103 JS<sup>(b),(e)</sup> | -1\*SOFR30A + 5.886% | 2.2400 | &nbsp;&nbsp;&nbsp;10/25/43 | 18964 |
| 225725 | Fannie Mae REMICS Series 2014-38 QI<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;12/25/43 | 31319 |
| 735109 | Fannie Mae REMICS Series 2014-87 MS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.136% | 2.4900 | &nbsp;&nbsp;&nbsp;01/25/45 | 72519 |
| 143299 | Fannie Mae REMICS Series 2015-33 OI<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;06/25/45 | 15012 |
| 323778 | Fannie Mae REMICS Series 2016-39 LS<sup>(b),(e)</sup> | -1\*SOFR30A + 5.886% | 2.2400 | &nbsp;&nbsp;&nbsp;07/25/46 | 35286 |
| 1086759 | Fannie Mae REMICS Series 2017-97 SW<sup>(b),(e)</sup> | -1\*SOFR30A + 6.086% | 2.4400 | &nbsp;&nbsp;&nbsp;12/25/47 | 120499 |
| 774814 | Fannie Mae REMICS Series 2017-108 SA<sup>(b),(e)</sup> | -1\*SOFR30A + 6.036% | 2.3900 | &nbsp;&nbsp;&nbsp;01/25/48 | 86495 |
| 2022408 | Fannie Mae REMICS Series 2018-54 SA<sup>(b),(e)</sup> | -1\*SOFR30A + 6.136% | 2.4900 | &nbsp;&nbsp;&nbsp;08/25/48 | 181514 |
| 314766 | Fannie Mae REMICS Series 2018-58 IO<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;08/25/48 | 43078 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** |  |  |  |
| 89937 | Fannie Mae REMICS Series 2018-74 MI<sup>(e)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;10/25/48 | $17520 |
| 325949 | Fannie Mae REMICS Series 2019-41 SB<sup>(b),(e)</sup> | -1\*SOFR30A + 5.936% | 2.2900 | &nbsp;&nbsp;&nbsp;08/25/49 | 36233 |
| 904490 | Fannie Mae REMICS Series 2020-10 S<sup>(b),(e)</sup> | -1\*SOFR30A + 5.936% | 2.2900 | &nbsp;&nbsp;&nbsp;05/25/59 | 99436 |
| 46142 | Freddie Mac REMICS Series 2367 SG<sup>(b),(e)</sup> | -1\*SOFR30A + 7.766% | 4.1260 | &nbsp;&nbsp;&nbsp;06/15/31 | 4047 |
| 483710 | Freddie Mac REMICS Series 5112 IB<sup>(e)</sup> |  | 6.5000 | &nbsp;&nbsp;&nbsp;05/15/32 | 48848 |
| 43921 | Freddie Mac REMICS Series 2444 TI<sup>(b),(e)</sup> |  | 6.5000 | &nbsp;&nbsp;&nbsp;05/15/32 | 4744 |
| 120053 | Freddie Mac REMICS Series 2463 SB<sup>(b),(e)</sup> | -1\*SOFR30A + 7.886% | 4.2460 | &nbsp;&nbsp;&nbsp;06/15/32 | 10690 |
| 17338 | Freddie Mac REMICS Series 2524 SX<sup>(b),(e)</sup> | -1\*SOFR30A + 7.786% | 4.1460 | &nbsp;&nbsp;&nbsp;11/15/32 | 1534 |
| 28706 | Freddie Mac REMICS Series 2616 SC<sup>(b),(e)</sup> | -1\*SOFR30A + 7.886% | 4.2460 | &nbsp;&nbsp;&nbsp;12/15/32 | 2338 |
| 371668 | Freddie Mac REMICS Series 2802 SI<sup>(b),(e)</sup> | -1\*SOFR30A + 5.886% | 2.2460 | &nbsp;&nbsp;&nbsp;05/15/34 | 25324 |
| 170639 | Freddie Mac REMICS Series 2980 SL<sup>(b),(e)</sup> | -1\*SOFR30A + 6.586% | 2.9460 | &nbsp;&nbsp;&nbsp;11/15/34 | 15047 |
| 174457 | Freddie Mac REMICS Series 2950 SN<sup>(b),(e)</sup> | -1\*SOFR30A + 5.936% | 2.2960 | &nbsp;&nbsp;&nbsp;03/15/35 | 7870 |
| 488502 | Freddie Mac REMICS Series 3055 MS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.486% | 2.8460 | &nbsp;&nbsp;&nbsp;10/15/35 | 51630 |
| 35242 | Freddie Mac REMICS Series 3117 JS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.586% | 2.9460 | &nbsp;&nbsp;&nbsp;02/15/36 | 3347 |
| 135681 | Freddie Mac REMICS Series 3149 SM<sup>(b),(e)</sup> | -1\*SOFR30A + 6.536% | 2.8960 | &nbsp;&nbsp;&nbsp;05/15/36 | 11644 |
| 66157 | Freddie Mac REMICS Series 3239 SI<sup>(b),(e)</sup> | -1\*SOFR30A + 6.536% | 2.8960 | &nbsp;&nbsp;&nbsp;11/15/36 | 6940 |
| 152430 | Freddie Mac REMICS Series 3303 SG<sup>(b),(e)</sup> | -1\*SOFR30A + 5.986% | 2.3460 | &nbsp;&nbsp;&nbsp;04/15/37 | 11418 |
| 142787 | Freddie Mac REMICS Series 3355 BI<sup>(b),(e)</sup> | -1\*SOFR30A + 5.936% | 2.2960 | &nbsp;&nbsp;&nbsp;08/15/37 | 12222 |
| 132634 | Freddie Mac REMICS Series 3368 AI<sup>(b),(e)</sup> | -1\*SOFR30A + 5.916% | 2.2760 | &nbsp;&nbsp;&nbsp;09/15/37 | 9160 |
| 52788 | Freddie Mac REMICS Series 4340 TI<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;07/15/39 | 1305 |
| 108498 | Freddie Mac REMICS Series 3572 VS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.616% | 2.9760 | &nbsp;&nbsp;&nbsp;09/15/39 | 11499 |
| 70302 | Freddie Mac REMICS Series 4451 DI<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;10/15/39 | 1135 |
| 1431403 | Freddie Mac REMICS Series 3652 CS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.436% | 2.7960 | &nbsp;&nbsp;&nbsp;03/15/40 | 169154 |
| 114080 | Freddie Mac REMICS Series 3758 S<sup>(b),(e)</sup> | -1\*SOFR30A + 5.916% | 2.2760 | &nbsp;&nbsp;&nbsp;11/15/40 | 9350 |
| 105878 | Freddie Mac REMICS Series 3935 SH<sup>(b),(e)</sup> | -1\*SOFR30A + 6.486% | 2.8460 | &nbsp;&nbsp;&nbsp;12/15/40 | 771 |
| 102250 | Freddie Mac REMICS Series 4139 PO<sup>(f)</sup> |  | 2.3500 | &nbsp;&nbsp;&nbsp;08/15/42 | 69752 |
| 105484 | Freddie Mac REMICS Series 4091 TS<sup>(b),(e)</sup> | -1\*SOFR30A + 6.436% | 2.7960 | &nbsp;&nbsp;&nbsp;08/15/42 | 14604 |
| 295771 | Freddie Mac REMICS Series 4471 JI<sup>(e)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;09/15/43 | 59809 |
| 793273 | Freddie Mac REMICS Series 4995 KI<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;12/25/43 | 114684 |
| 150135 | Freddie Mac REMICS Series 4456 IA<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;03/15/45 | 23234 |
| 5414640 | Freddie Mac REMICS Series 4583 TI<sup>(b),(e)</sup> | -1\*SOFR30A + 5.986% | 0.1000 | &nbsp;&nbsp;&nbsp;05/15/46 | 10651 |
| 183329 | Freddie Mac REMICS Series 4583 ST<sup>(b),(e)</sup> | -1\*SOFR30A + 5.886% | 2.2460 | &nbsp;&nbsp;&nbsp;05/15/46 | 18401 |
| 304710 | Freddie Mac REMICS Series 4618 SA<sup>(b),(e)</sup> | -1\*SOFR30A + 5.886% | 2.2460 | &nbsp;&nbsp;&nbsp;09/15/46 | 33852 |
| 589109 | Freddie Mac REMICS Series 5007 SK<sup>(b),(e)</sup> | -1\*SOFR30A + 5.986% | 2.3400 | &nbsp;&nbsp;&nbsp;08/25/50 | 73968 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** |  |  |  |
| 451352 | Freddie Mac REMICS Series 5136 IJ<sup>(e)</sup> |  | 2.5000 | &nbsp;&nbsp;&nbsp;02/25/51 | $51111 |
| 737470 | Freddie Mac REMICS Series 5086 HI<sup>(e)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;03/25/51 | 155923 |
| 825710 | Freddie Mac REMICS Series 5174 NI<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;12/25/51 | 140644 |
| 187544 | Freddie Mac REMICS Series 4291 MS<sup>(b),(e)</sup> | -1\*SOFR30A + 5.786% | 2.1460 | &nbsp;&nbsp;&nbsp;01/15/54 | 18097 |
| 61771 | Freddie Mac Strips Series 221 IO<sup>(e)</sup> |  | 7.0000 | &nbsp;&nbsp;&nbsp;03/15/32 | 8225 |
| 2127388 | Freddie Mac Strips Series 324 C17<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;12/15/33 | 166750 |
| 180947 | Freddie Mac Strips Series 238 8<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;04/15/36 | 27675 |
| 201745 | Freddie Mac Strips Series 240 IO<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;07/15/36 | 35180 |
| 35726 | Freddie Mac Strips Series 239 IO<sup>(e)</sup> |  | 6.0000 | &nbsp;&nbsp;&nbsp;08/15/36 | 6468 |
| 285351 | Freddie Mac Strips Series 247 24<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;09/15/36 | 42132 |
| 496582 | Freddie Mac Strips Series 244 IO<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;12/15/36 | 71570 |
| 248433 | Freddie Mac Strips Series 303 105<sup>(b),(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;01/15/43 | 32554 |
| 897170 | Freddie Mac Strips Series 324 C24<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;12/15/43 | 184822 |
| 506440 | Freddie Mac Strips Series 365 121<sup>(b),(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;10/15/47 | 69537 |
| 489926 | Freddie Mac Strips Series 365 C10<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;06/15/49 | 93560 |
| 806488 | Freddie Mac Strips Series 367 116<sup>(b),(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;06/15/50 | 116534 |
| 373599 | Government National Mortgage Association Series 2021-78 QI<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;05/20/34 | 18445 |
| 246267 | Government National Mortgage Association Series 2004-46 S<sup>(b),(e)</sup> | -1\*TSFR1M + 6.986% | 3.3250 | &nbsp;&nbsp;&nbsp;06/20/34 | 2740 |
| 17178 | Government National Mortgage Association Series 2004-106 HW<sup>(b)</sup> | -5\*TSFR1M + 26.928% | 8.6060 | &nbsp;&nbsp;&nbsp;12/16/34 | 19286 |
| 84387 | Government National Mortgage Association Series 2007-40 SW<sup>(b),(e)</sup> | -1\*TSFR1M + 4.066% | 0.4050 | &nbsp;&nbsp;&nbsp;07/20/37 | 234 |
| 98949 | Government National Mortgage Association Series 2008-2 SM<sup>(b),(e)</sup> | -1\*TSFR1M + 6.386% | 2.7210 | &nbsp;&nbsp;&nbsp;01/16/38 | 6211 |
| 58787 | Government National Mortgage Association Series 2008-6 SD<sup>(b),(e)</sup> | -1\*TSFR1M + 6.346% | 2.6850 | &nbsp;&nbsp;&nbsp;02/20/38 | 356 |
| 784131 | Government National Mortgage Association Series 2008-15 CI<sup>(b),(e)</sup> | -1\*TSFR1M + 6.376% | 2.7150 | &nbsp;&nbsp;&nbsp;02/20/38 | 4526 |
| 94297 | Government National Mortgage Association Series 2008-27 SI<sup>(b),(e)</sup> | -1\*TSFR1M + 6.356% | 2.6950 | &nbsp;&nbsp;&nbsp;03/20/38 | 550 |
| 77482 | Government National Mortgage Association Series 2008-36 SB<sup>(b),(e)</sup> | -1\*TSFR1M + 6.156% | 2.4950 | &nbsp;&nbsp;&nbsp;04/20/38 | 431 |
| 116289 | Government National Mortgage Association Series 2008-51 SE<sup>(b),(e)</sup> | -1\*TSFR1M + 6.136% | 2.4710 | &nbsp;&nbsp;&nbsp;06/16/38 | 7696 |
| 93441 | Government National Mortgage Association Series 2008-51 SC<sup>(b),(e)</sup> | -1\*TSFR1M + 6.136% | 2.4750 | &nbsp;&nbsp;&nbsp;06/20/38 | 5988 |
| 46332 | Government National Mortgage Association Series 2008-95 DS<sup>(b),(e)</sup> | -1\*TSFR1M + 7.186% | 3.5250 | &nbsp;&nbsp;&nbsp;12/20/38 | 359 |
| 79122 | Government National Mortgage Association Series 2009-43 SA<sup>(b),(e)</sup> | -1\*TSFR1M + 5.836% | 2.1750 | &nbsp;&nbsp;&nbsp;06/20/39 | 3093 |
| 288453 | Government National Mortgage Association Series 2013-170 ID<sup>(b),(e)</sup> |  | 3.0060 | &nbsp;&nbsp;&nbsp;02/20/40 | 20089 |
| 55463 | Government National Mortgage Association Series 2010-113 BS<sup>(b),(e)</sup> | -1\*TSFR1M + 5.886% | 2.2250 | &nbsp;&nbsp;&nbsp;09/20/40 | 6416 |
| 842830 | Government National Mortgage Association Series 2010-133 SB<sup>(b),(e)</sup> | -1\*TSFR1M + 5.906% | 2.2410 | &nbsp;&nbsp;&nbsp;10/16/40 | 99334 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** |  |  |  |
| 97491 | Government National Mortgage Association Series 2010-152 SA<sup>(b),(e)</sup> | -1\*TSFR1M + 5.936% | 2.2710 | &nbsp;&nbsp;&nbsp;11/16/40 | $10115 |
| 131492 | Government National Mortgage Association Series 2012-77 DI<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;01/20/41 | 3379 |
| 99477 | Government National Mortgage Association Series 2012-69 QI<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;03/16/41 | 9548 |
| 242468 | Government National Mortgage Association Series 2011-148 SN<sup>(b),(e)</sup> | -1\*TSFR1M + 6.576% | 2.9110 | &nbsp;&nbsp;&nbsp;11/16/41 | 30104 |
| 841857 | Government National Mortgage Association Series 2013-4 ID<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;05/16/42 | 146168 |
| 682365 | Government National Mortgage Association Series 2012-126 IO<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;10/20/42 | 93794 |
| 94099 | Government National Mortgage Association Series 2013-5 BI<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;01/20/43 | 13853 |
| 104510 | Government National Mortgage Association Series 2013-53 OI<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;04/20/43 | 14081 |
| 535540 | Government National Mortgage Association Series 2015-179 BI<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;08/20/43 | 26747 |
| 69269 | Government National Mortgage Association Series 2013-181 SA<sup>(b),(e)</sup> | -1\*TSFR1M + 5.986% | 2.3250 | &nbsp;&nbsp;&nbsp;11/20/43 | 6899 |
| 146640 | Government National Mortgage Association Series 2014-58 SA<sup>(b),(e)</sup> | -1\*TSFR1M + 5.986% | 2.3250 | &nbsp;&nbsp;&nbsp;04/20/44 | 15292 |
| 251286 | Government National Mortgage Association Series 2014-91 SB<sup>(b),(e)</sup> | -1\*TSFR1M + 5.486% | 1.8210 | &nbsp;&nbsp;&nbsp;06/16/44 | 17499 |
| 43247 | Government National Mortgage Association Series 2016-81 IM<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;10/20/44 | 1927 |
| 1095938 | Government National Mortgage Association Series 2014-146 EI<sup>(e)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;10/20/44 | 224608 |
| 763874 | Government National Mortgage Association Series 2017-56 IE<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;11/20/44 | 55045 |
| 428964 | Government National Mortgage Association Series 2019-22 SA<sup>(b),(e)</sup> | -1\*TSFR1M + 5.486% | 1.8250 | &nbsp;&nbsp;&nbsp;02/20/45 | 34289 |
| 216793 | Government National Mortgage Association Series 2015-36 MI<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;03/20/45 | 32883 |
| 367547 | Government National Mortgage Association Series 2015-64 SG<sup>(b),(e)</sup> | -1\*TSFR1M + 5.486% | 1.8250 | &nbsp;&nbsp;&nbsp;05/20/45 | 30234 |
| 57063 | Government National Mortgage Association Series 2016-27 IA<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;06/20/45 | 7504 |
| 139085 | Government National Mortgage Association Series 2017-99 DI<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;07/20/45 | 4458 |
| 422684 | Government National Mortgage Association Series 2015-144 SA<sup>(b),(e)</sup> | -1\*TSFR1M + 6.086% | 2.4250 | &nbsp;&nbsp;&nbsp;10/20/45 | 50032 |
| 244805 | Government National Mortgage Association Series 2016-84 IG<sup>(e)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;11/16/45 | 46726 |
| 359361 | Government National Mortgage Association Series 2016-4 SM<sup>(b),(e)</sup> | -1\*TSFR1M + 5.536% | 1.8750 | &nbsp;&nbsp;&nbsp;01/20/46 | 27379 |
| 159024 | Government National Mortgage Association Series 2016-9 SA<sup>(b),(e)</sup> | -1\*TSFR1M + 5.986% | 2.3250 | &nbsp;&nbsp;&nbsp;01/20/46 | 17086 |
| 766323 | Government National Mortgage Association Series 2016-121 JS<sup>(b),(e)</sup> | -1\*TSFR1M + 5.986% | 2.3250 | &nbsp;&nbsp;&nbsp;09/20/46 | 95814 |
| 152618 | Government National Mortgage Association Series 2016-145 UI<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;10/20/46 | 26241 |
| 135233 | Government National Mortgage Association Series 2017-68 CI<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;05/16/47 | 23843 |
| 252528 | Government National Mortgage Association Series 2018-8 IO<sup>(e)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;01/20/48 | 55627 |
| 15436707 | Government National Mortgage Association Series 2020-86 TK<sup>(b),(e)</sup> | -1\*TSFR1M + 6.086% | 0.1500 | &nbsp;&nbsp;&nbsp;08/20/48 | 76152 |
| 139594 | Government National Mortgage Association Series 2018-120 JI<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;09/20/48 | 19971 |
| 213992 | Government National Mortgage Association Series 2018-154 IT<sup>(e)</sup> |  | 5.5000 | &nbsp;&nbsp;&nbsp;10/20/48 | 38816 |
| 391523 | Government National Mortgage Association Series 2019-6 SA<sup>(b),(e)</sup> | -1\*TSFR1M + 5.936% | 2.2750 | &nbsp;&nbsp;&nbsp;01/20/49 | 41639 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.0% (Continued)** |  |  |  |
| 1129709 | Government National Mortgage Association Series 2020-47 MI<sup>(e)</sup> |  | 3.5000 | &nbsp;&nbsp;&nbsp;04/20/50 | $219326 |
| 531844 | Government National Mortgage Association Series 2020-167 NS<sup>(b),(e)</sup> | -1\*TSFR1M + 6.186% | 2.5250 | &nbsp;&nbsp;&nbsp;11/20/50 | 71522 |
| 1305462 | Government National Mortgage Association Series H16 CI<sup>(b),(e)</sup> |  | 2.0440 | &nbsp;&nbsp;&nbsp;10/20/69 | 50788 |
|  |  |  |  |  | 6749269 |
|  | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $9,691,630)** | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $9,691,630)** |  |  | 6749269 |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 65.6%** | **CORPORATE BONDS — 65.6%** |  |  |  |
|  | **ASSET MANAGEMENT** — **5.4%** | **ASSET MANAGEMENT** — **5.4%** |  |  |  |
| 2800000 | Ares Capital Corporation |  | 5.5000 | &nbsp;&nbsp;&nbsp;09/01/30 | 2763744 |
| 2847000 | Bain Capital Specialty Finance, Inc. |  | 5.9500 | &nbsp;&nbsp;&nbsp;03/15/30 | 2792192 |
| 1475000 | Blackstone Secured Lending Fund |  | 5.3000 | &nbsp;&nbsp;&nbsp;06/30/30 | 1438523 |
| 1550000 | Charles Schwab Corporation (The)<sup>(b)</sup> | H15T5Y + 3.168% | 4.0000 | &nbsp;&nbsp;&nbsp;Perpetual | 1548393 |
| 275000 | FS KKR Capital Corporation |  | 2.6250 | &nbsp;&nbsp;&nbsp;01/15/27 | 268781 |
| 625000 | FS KKR Capital Corporation |  | 3.2500 | &nbsp;&nbsp;&nbsp;07/15/27 | 607238 |
| 722000 | FS KKR Capital Corporation |  | 3.1250 | &nbsp;&nbsp;&nbsp;10/12/28 | 676626 |
| 2382000 | Icahn Enterprises, L.P. / Icahn Enterprises |  | 4.3750 | &nbsp;&nbsp;&nbsp;02/01/29 | 2089523 |
|  |  |  |  |  | 12185020 |
|  | **AUTOMOTIVE** — **10.3%** | **AUTOMOTIVE** — **10.3%** |  |  |  |
| 300000 | Ford Motor Credit Company, LLC |  | 4.9500 | &nbsp;&nbsp;&nbsp;05/28/27 | 299935 |
| 812000 | Ford Motor Credit Company, LLC |  | 4.1250 | &nbsp;&nbsp;&nbsp;08/17/27 | 802566 |
| 225000 | Ford Motor Credit Company, LLC |  | 5.8000 | &nbsp;&nbsp;&nbsp;03/08/29 | 228143 |
| 500000 | Ford Motor Credit Company, LLC |  | 4.8500 | &nbsp;&nbsp;&nbsp;11/20/29 | 492204 |
| 1415000 | Ford Motor Credit Company, LLC |  | 5.5000 | &nbsp;&nbsp;&nbsp;02/20/30 | 1412797 |
| 500000 | Ford Motor Credit Company, LLC |  | 4.0000 | &nbsp;&nbsp;&nbsp;11/13/30 | 469794 |
| 2380000 | Ford Motor Credit Company, LLC |  | 6.1250 | &nbsp;&nbsp;&nbsp;03/08/34 | 2391534 |
| 700000 | Ford Motor Credit Company, LLC |  | 6.2000 | &nbsp;&nbsp;&nbsp;06/20/34 | 700370 |
| 4197000 | General Motors Financial Company, Inc.<sup>(b)</sup> | H15T5Y + 4.997% | 5.7000 | &nbsp;&nbsp;&nbsp;Perpetual | 4126264 |
| 2012000 | Nissan Motor Acceptance Company, LLC<sup>(a)</sup> |  | 1.8500 | &nbsp;&nbsp;&nbsp;09/16/26 | 1986180 |
| 837000 | Nissan Motor Acceptance Company, LLC<sup>(a)</sup> |  | 5.3000 | &nbsp;&nbsp;&nbsp;09/13/27 | 834908 |
| 1205000 | Nissan Motor Acceptance Company, LLC<sup>(a)</sup> |  | 2.7500 | &nbsp;&nbsp;&nbsp;03/09/28 | 1143376 |
| 710000 | Nissan Motor Acceptance Company, LLC<sup>(a)</sup> |  | 2.4500 | &nbsp;&nbsp;&nbsp;09/15/28 | 658791 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 65.6% (Continued)** | **CORPORATE BONDS — 65.6% (Continued)** |  |  |  |
|  | **AUTOMOTIVE** — **10.3% (Continued)** | **AUTOMOTIVE** — **10.3% (Continued)** |  |  |  |
| 925000 | Nissan Motor Acceptance Company, LLC<sup>(a)</sup> |  | 5.5500 | &nbsp;&nbsp;&nbsp;09/13/29 | $906121 |
| 5800000 | Nissan Motor Acceptance Company, LLC<sup>(a)</sup> |  | 6.1250 | &nbsp;&nbsp;&nbsp;09/30/30 | 5715263 |
| 500000 | Volkswagen Group of America Finance, LLC<sup>(a)</sup> |  | 5.6500 | &nbsp;&nbsp;&nbsp;09/12/28 | 510313 |
| 500000 | Volkswagen Group of America Finance, LLC<sup>(a)</sup> |  | 4.7500 | &nbsp;&nbsp;&nbsp;11/13/28 | 500146 |
|  |  |  |  |  | 23178705 |
|  | **BANKING** — **18.6%** | **BANKING** — **18.6%** |  |  |  |
| 2739000 | Bank of America Corporation<sup>(b)</sup> | H15T5Y + 2.760% | 4.3750 | &nbsp;&nbsp;&nbsp;Perpetual | 2716559 |
| 3820000 | Bank of Nova Scotia (The)<sup>(b)</sup> | H15T5Y + 2.613% | 3.6250 | &nbsp;&nbsp;&nbsp;10/27/81 | 3770470 |
| 500000 | Barclays plc |  | 4.8360 | &nbsp;&nbsp;&nbsp;05/09/28 | 500579 |
| 1375000 | BNP Paribas S.A.<sup>(a),(b)</sup> | H15T5Y + 4.899% | 7.7500 | &nbsp;&nbsp;&nbsp;Perpetual | 1446254 |
| 1800000 | BNP Paribas S.A.<sup>(a),(b)</sup> | H15T5Y + 2.944% | 4.5000 | &nbsp;&nbsp;&nbsp;Perpetual | 1675498 |
| 2000000 | BNP Paribas S.A.<sup>(b)</sup> | H15T5Y + 4.899% | 7.7500 | &nbsp;&nbsp;&nbsp;Perpetual | 2103642 |
| 3820000 | BNP Paribas S.A.<sup>(a),(b)</sup> | H15T5Y + 3.196% | 4.6250 | &nbsp;&nbsp;&nbsp;Perpetual | 3810044 |
| 4848000 | Citigroup, Inc. Series Y<sup>(b)</sup> | H15T5Y + 3.000% | 4.1500 | &nbsp;&nbsp;&nbsp;Perpetual | 4816653 |
| 1326000 | Citizens Financial Group, Inc.<sup>(b)</sup> | H15T5Y + 3.215% | 4.0000 | &nbsp;&nbsp;&nbsp;Perpetual | 1311971 |
| 1975000 | Credit Agricole S.A.<sup>(a),(b)</sup> | H15T5Y + 3.237% | 4.7500 | &nbsp;&nbsp;&nbsp;Perpetual | 1923779 |
| 1750000 | Credit Agricole S.A.<sup>(b)</sup> | H15T5Y + 3.237% | 4.7500 | &nbsp;&nbsp;&nbsp;Perpetual | 1704614 |
| 2000000 | Deutsche Bank A.G.<sup>(b)</sup> | USISOA05 + 4.358% | 8.1300 | &nbsp;&nbsp;&nbsp;Perpetual | 2124496 |
| 2750000 | First Citizens BancShares, Inc.<sup>(a),(b)</sup> | TSFR3M + 4.234% | 7.9080 | &nbsp;&nbsp;&nbsp;Perpetual | 2783729 |
| 523000 | JPMorgan Chase & Company<sup>(b)</sup> | SOFRRATE + 7.000% | 8.5000 | &nbsp;&nbsp;&nbsp;02/15/39 | 452812 |
| 350000 | KeyBank NA |  | 6.9500 | &nbsp;&nbsp;&nbsp;02/01/28 | 363305 |
| 1270000 | KeyCorporation<sup>(b)</sup> | TSFR3M + 3.606% | 5.0000 | &nbsp;&nbsp;&nbsp;Perpetual | 1259785 |
| 2047000 | M&T Bank Corporation<sup>(b)</sup> | H15T5Y + 2.679% | 3.5000 | &nbsp;&nbsp;&nbsp;Perpetual | 2018819 |
| 1365000 | PNC Financial Services Group, Inc. (The)<sup>(b)</sup> | H15T5Y + 2.595% | 3.4000 | &nbsp;&nbsp;&nbsp;Perpetual | 1348351 |
| 478000 | Royal Bank of Canada<sup>(b)</sup> | SOFRRATE + 7.450% | 8.5000 | &nbsp;&nbsp;&nbsp;02/28/39 | 483378 |
| 250000 | Societe Generale S.A.<sup>(a),(b)</sup> | H15T1Y + 1.300% | 2.7970 | &nbsp;&nbsp;&nbsp;01/19/28 | 246801 |
| 200000 | Societe Generale S.A.<sup>(b)</sup> | H15T5Y + 5.385% | 9.3750 | &nbsp;&nbsp;&nbsp;Perpetual | 211042 |
| 2500000 | Societe Generale S.A.<sup>(b)</sup> | H15T5Y + 4.514% | 5.3750 | &nbsp;&nbsp;&nbsp;Perpetual | 2408928 |
| 2295000 | US Bancorp<sup>(b)</sup> | SOFR + 2.914% | 5.3000 | &nbsp;&nbsp;&nbsp;Perpetual | 2288127 |
| 600000 | US Bancorp<sup>(b)</sup> | H15T5Y + 2.541% | 3.7000 | &nbsp;&nbsp;&nbsp;Perpetual | 590888 |
|  |  |  |  |  | 42360524 |
|  | **BIOTECH & PHARMA** — **1.4%** | **BIOTECH & PHARMA** — **1.4%** |  |  |  |
| 250000 | Teva Pharmaceutical Finance Netherlands II BV |  | 5.7500 | &nbsp;&nbsp;&nbsp;12/01/30 | 256728 |
| 647000 | Teva Pharmaceutical Finance Netherlands III BV |  | 3.1500 | &nbsp;&nbsp;&nbsp;10/01/26 | 642731 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 65.6% (Continued)** | **CORPORATE BONDS — 65.6% (Continued)** |  |  |  |
|  | **BIOTECH & PHARMA** — **1.4% (Continued)** | **BIOTECH & PHARMA** — **1.4% (Continued)** |  |  |  |
| 1800000 | Teva Pharmaceutical Finance Netherlands III BV |  | 4.7500 | &nbsp;&nbsp;&nbsp;05/09/27 | $1799065 |
| 500000 | Teva Pharmaceutical Finance Netherlands III BV |  | 6.7500 | &nbsp;&nbsp;&nbsp;03/01/28 | 513159 |
|  |  |  |  |  | 3211683 |
|  | **COMMERCIAL SUPPORT SERVICES** — **0.7%** | **COMMERCIAL SUPPORT SERVICES** — **0.7%** |  |  |  |
| 1650000 | Aramark Services, Inc.<sup>(a)</sup> |  | 5.0000 | &nbsp;&nbsp;&nbsp;02/01/28 | 1647559 |
|  | **ELECTRIC UTILITIES** — **7.1%** | **ELECTRIC UTILITIES** — **7.1%** |  |  |  |
| 3400000 | American Electric Power Company, Inc.<sup>(b)</sup> | H15T5Y + 2.675% | 3.8750 | &nbsp;&nbsp;&nbsp;02/15/62 | 3350887 |
| 1185000 | CenterPoint Energy, Inc.<sup>(b)</sup> | H15T5Y + 3.254% | 7.0000 | &nbsp;&nbsp;&nbsp;02/15/55 | 1226904 |
| 1000000 | CMS Energy Corporation<sup>(b)</sup> | H15T5Y + 4.116% | 4.7500 | &nbsp;&nbsp;&nbsp;06/01/50 | 982638 |
| 2911000 | Duke Energy Corporation<sup>(b)</sup> | H15T5Y + 2.321% | 3.2500 | &nbsp;&nbsp;&nbsp;01/15/82 | 2850334 |
| 4000000 | Electricite de France S.A.<sup>(a),(b)</sup> | H15T5Y + 5.411% | 9.1250 | &nbsp;&nbsp;&nbsp;Perpetual | 4665764 |
| 1800000 | Sempra<sup>(b)</sup> | H15T5Y + 2.868% | 4.1250 | &nbsp;&nbsp;&nbsp;04/01/52 | 1774917 |
| 1250000 | Southern Company (The)<sup>(b)</sup> | H15T5Y + 2.915% | 3.7500 | &nbsp;&nbsp;&nbsp;09/15/51 | 1245586 |
|  |  |  |  |  | 16097030 |
|  | **ENTERTAINMENT CONTENT** — **0.4%** | **ENTERTAINMENT CONTENT** — **0.4%** |  |  |  |
| 925000 | Univision Communications, Inc.<sup>(a)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;05/01/29 | 882878 |
|  | **HEALTH CARE FACILITIES & SERVICES** — **0.4%** | **HEALTH CARE FACILITIES & SERVICES** — **0.4%** |  |  |  |
| 813000 | Charles River Laboratories International, Inc.<sup>(a)</sup> |  | 4.2500 | &nbsp;&nbsp;&nbsp;05/01/28 | 800572 |
|  | **INSTITUTIONAL FINANCIAL SERVICES** — **2.1%** | **INSTITUTIONAL FINANCIAL SERVICES** — **2.1%** |  |  |  |
| 1453000 | Bank of New York Mellon Corporation (The) Series H<sup>(b)</sup> | H15T5Y + 3.352% | 3.7000 | &nbsp;&nbsp;&nbsp;Perpetual | 1463556 |
| 860000 | Bank of New York Mellon Corporation (The)<sup>(b)</sup> | H15T5Y + 2.297% | 6.3000 | &nbsp;&nbsp;&nbsp;Perpetual | 888927 |
| 275000 | Bank of New York Mellon Corporation (The)<sup>(b)</sup> | H15T5Y + 2.630% | 3.7500 | &nbsp;&nbsp;&nbsp;Perpetual | 271930 |
| 2121000 | Goldman Sachs Group, Inc. (The)<sup>(b)</sup> | H15T5Y + 2.915% | 3.6500 | &nbsp;&nbsp;&nbsp;Perpetual | 2115698 |
|  |  |  |  |  | 4740111 |
|  | **LEISURE FACILITIES & SERVICES** — **6.5%** | **LEISURE FACILITIES & SERVICES** — **6.5%** |  |  |  |
| 577000 | Boyd Gaming Corporation |  | 4.7500 | &nbsp;&nbsp;&nbsp;12/01/27 | 574697 |
| 1000000 | Carnival Corporation<sup>(a)</sup> |  | 4.0000 | &nbsp;&nbsp;&nbsp;08/01/28 | 977418 |
| 2130000 | International Game Technology plc<sup>(a)</sup> |  | 5.2500 | &nbsp;&nbsp;&nbsp;01/15/29 | 2121715 |
| 1550000 | Light & Wonder International Inc<sup>(a)</sup> |  | 7.5000 | &nbsp;&nbsp;&nbsp;09/01/31 | 1615998 |
| 650000 | NCL Corporation Ltd.<sup>(a)</sup> |  | 5.8750 | &nbsp;&nbsp;&nbsp;01/15/31 | 633019 |
| 2219000 | Penn National Gaming, Inc.<sup>(a)</sup> |  | 5.6250 | &nbsp;&nbsp;&nbsp;01/15/27 | 2218109 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 65.6% (Continued)** | **CORPORATE BONDS — 65.6% (Continued)** |  |  |  |
|  | **LEISURE FACILITIES & SERVICES** — **6.5% (Continued)** | **LEISURE FACILITIES & SERVICES** — **6.5% (Continued)** |  |  |  |
| 2955000 | Penn National Gaming, Inc.<sup>(a)</sup> |  | 4.1250 | &nbsp;&nbsp;&nbsp;07/01/29 | $2813532 |
| 1922000 | Scientific Games International, Inc.<sup>(a)</sup> |  | 7.2500 | &nbsp;&nbsp;&nbsp;11/15/29 | 1966410 |
| 1300000 | Station Casinos, LLC<sup>(a)</sup> |  | 4.5000 | &nbsp;&nbsp;&nbsp;02/15/28 | 1282069 |
| 675000 | Station Casinos, LLC<sup>(a)</sup> |  | 4.6250 | &nbsp;&nbsp;&nbsp;12/01/31 | 635557 |
|  |  |  |  |  | 14838524 |
|  | **OIL & GAS PRODUCERS** — **3.7%** | **OIL & GAS PRODUCERS** — **3.7%** |  |  |  |
| 1935000 | Enbridge, Inc.<sup>(b)</sup> | TSFR3M + 3.680% | 5.5000 | &nbsp;&nbsp;&nbsp;07/15/77 | 1937891 |
| 980000 | Enbridge, Inc.<sup>(b)</sup> | US0003M + 3.641% | 6.2500 | &nbsp;&nbsp;&nbsp;03/01/78 | 984893 |
| 1420000 | Energy Transfer, L.P.<sup>(b)</sup> | US0003M + 4.155% | 6.6250 | &nbsp;&nbsp;&nbsp;Perpetual | 1436864 |
| 4046000 | Energy Transfer, L.P.<sup>(b)</sup> | H15T5Y + 5.694% | 6.5000 | &nbsp;&nbsp;&nbsp;Perpetual | 4063264 |
|  |  |  |  |  | 8422912 |
|  | **REAL ESTATE INVESTMENT TRUSTS** — **0.6%** | **REAL ESTATE INVESTMENT TRUSTS** — **0.6%** |  |  |  |
| 166000 | MGM Growth Properties Operating Partnership, L.P. |  | 5.7500 | &nbsp;&nbsp;&nbsp;02/01/27 | 166781 |
| 500000 | VICI Properties, L.P. / VICI Note Company, Inc.<sup>(a)</sup> |  | 4.2500 | &nbsp;&nbsp;&nbsp;12/01/26 | 498898 |
| 725000 | VICI Properties, L.P. / VICI Note Company, Inc.<sup>(a)</sup> |  | 4.1250 | &nbsp;&nbsp;&nbsp;08/15/30 | 696689 |
|  |  |  |  |  | 1362368 |
|  | **SPECIALTY FINANCE** — **8.0%** | **SPECIALTY FINANCE** — **8.0%** |  |  |  |
| 2436000 | Air Lease Corporation<sup>(b)</sup> | H15T5Y + 4.076% | 4.6500 | &nbsp;&nbsp;&nbsp;Perpetual | 2439520 |
| 2648000 | Air Lease Corporation<sup>(b)</sup> | H15T5Y + 3.149% | 4.1250 | &nbsp;&nbsp;&nbsp;Perpetual | 2616169 |
| 250000 | Ally Financial, Inc. |  | 6.0000 | &nbsp;&nbsp;&nbsp;07/15/29 | 251005 |
| 3914000 | Ally Financial, Inc.<sup>(b)</sup> | H15T7Y + 3.481% | 4.7000 | &nbsp;&nbsp;&nbsp;Perpetual | 3768854 |
| 2432000 | Ally Financial, Inc. Series B<sup>(b)</sup> | H15T5Y + 3.868% | 4.7000 | &nbsp;&nbsp;&nbsp;Perpetual | 2428840 |
| 993000 | American Express Company<sup>(b)</sup> | H15T5Y + 2.854% | 3.5500 | &nbsp;&nbsp;&nbsp;Perpetual | 983970 |
| 848000 | Capital One Financial Corporation<sup>(b)</sup> | H15T5Y + 3.157% | 3.9500 | &nbsp;&nbsp;&nbsp;Perpetual | 841567 |
| 2788000 | Capital One Financial Corporation<sup>(b)</sup> | TSFR3M + 3.338% | 5.5000 | &nbsp;&nbsp;&nbsp;Perpetual | 2758343 |
| 2000000 | ILFC E-Capital Trust I<sup>(a),(b)</sup> | TSFR3M + 1.812% | 6.3800 | &nbsp;&nbsp;&nbsp;12/21/65 | 1717927 |
| 310000 | OneMain Finance Corporation |  | 3.5000 | &nbsp;&nbsp;&nbsp;01/15/27 | 306050 |
| 250000 | OneMain Finance Corporation |  | 5.3750 | &nbsp;&nbsp;&nbsp;11/15/29 | 246492 |
|  |  |  |  |  | 18358737 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 65.6% (Continued)** | **CORPORATE BONDS — 65.6% (Continued)** |  |  |  |
|  | **TRANSPORTATION & LOGISTICS** — **0.4%** | **TRANSPORTATION & LOGISTICS** — **0.4%** |  |  |  |
| 173000 | Air Canada<sup>(a)</sup> |  | 3.8750 | &nbsp;&nbsp;&nbsp;08/15/26 | $172634 |
| 750000 | American Airlines 2025-1 Class B Pass Through |  | 5.6500 | &nbsp;&nbsp;&nbsp;11/11/34 | 747629 |
|  |  |  |  |  | 920263 |
|  | **TOTAL CORPORATE BONDS (Cost $147,661,804)** | **TOTAL CORPORATE BONDS (Cost $147,661,804)** |  |  | 149006886 |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **TERM LOANS — 11.7%** | **TERM LOANS — 11.7%** |  |  |  |
|  | **ADVERTISING & MARKETING** — **0.2%** | **ADVERTISING & MARKETING** — **0.2%** |  |  |  |
| 500000 | Outfront Media Capital, LLC<sup>(b)</sup> | TSFR1M + 2.000% | 5.6540 | &nbsp;&nbsp;&nbsp;09/24/32 | $502970 |
|  | **COMMERCIAL SUPPORT SERVICES** — **1.9%** | **COMMERCIAL SUPPORT SERVICES** — **1.9%** |  |  |  |
| 876858 | Aramark Services, Inc.<sup>(b)</sup> | TSFR1M + 1.750% | 5.4180 | &nbsp;&nbsp;&nbsp;04/06/28 | 880874 |
| 1401895 | Aramark Services, Inc.<sup>(b)</sup> | TSFR1M + 1.750% | 5.6140 | &nbsp;&nbsp;&nbsp;06/24/30 | 1410222 |
| 1994962 | Garda World Security Corporation<sup>(b)</sup> | TSFR1M + 2.750% | 6.4210 | &nbsp;&nbsp;&nbsp;02/01/29 | 1996209 |
|  |  |  |  |  | 4287305 |
|  | **CONTAINERS & PACKAGING** — **0.6%** | **CONTAINERS & PACKAGING** — **0.6%** |  |  |  |
| 1250000 | Graham Packaging Company, Inc.<sup>(b)</sup> | TSFR1M + 2.250% | 5.9020 | &nbsp;&nbsp;&nbsp;01/14/33 | 1249219 |
|  | **LEISURE FACILITIES & SERVICES** — **4.6%** | **LEISURE FACILITIES & SERVICES** — **4.6%** |  |  |  |
| 1890342 | Restaurant Brands <sup>(b)</sup> | TSFR1M + 1.750% | 5.4180 | &nbsp;&nbsp;&nbsp;09/23/30 | 1894473 |
| 5257705 | Caesars Entertainment, Inc.<sup>(b)</sup> | TSFR3M + 2.250% | 5.9020 | &nbsp;&nbsp;&nbsp;02/06/31 | 5104917 |
| 983189 | Light & Wonder International, Inc.<sup>(b)</sup> | TSFR1M + 2.000% | 5.6530 | &nbsp;&nbsp;&nbsp;04/16/29 | 985032 |
| 492327 | Penn Entertainment, Inc.<sup>(b)</sup> | TSFR1M + 2.500% | 6.1520 | &nbsp;&nbsp;&nbsp;05/03/29 | 494902 |
| 1987386 | Six Flags Entertainment Corporation<sup>(b)</sup> | TSFR1M + 2.000% | 5.6520 | &nbsp;&nbsp;&nbsp;05/01/31 | 1974965 |
|  |  |  |  |  | 10454289 |
|  | **RETAIL - DISCRETIONARY** — **1.3%** | **RETAIL - DISCRETIONARY** — **1.3%** |  |  |  |
| 2922792 | Great Outdoors Group, LLC<sup>(b)</sup> | TSFR1M + 3.250% | 6.9020 | &nbsp;&nbsp;&nbsp;01/16/32 | 2945078 |
|  | **SEMICONDUCTORS** — **0.3%** | **SEMICONDUCTORS** — **0.3%** |  |  |  |
| 600000 | MKS, Inc.<sup>(b)</sup> | TSFR1M + 1.750% | 5.4070 | &nbsp;&nbsp;&nbsp;01/28/33 | 602814 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** | **ANFIELD UNIVERSAL FIXED INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **TERM LOANS — 11.7% (Continued)** | **TERM LOANS — 11.7% (Continued)** |  |  |  |
|  | **TRANSPORTATION & LOGISTICS** — **2.8%** | **TRANSPORTATION & LOGISTICS** — **2.8%** |  |  |  |
| 2385351 | AAdvantage Loyalty IP Ltd.<sup>(b)</sup> | TSFR3M + 2.250% | 5.9250 | &nbsp;&nbsp;&nbsp;04/20/28 | $2375571 |
| 2458744 | Air Canada<sup>(b)</sup> | TSFR1M + 1.750% | 5.4130 | &nbsp;&nbsp;&nbsp;03/21/31 | 2459666 |
| 1644824 | United Airlines, Inc.<sup>(b)</sup> | TSFR3M + 1.750% | 5.4040 | &nbsp;&nbsp;&nbsp;02/24/31 | 1651510 |
|  |  |  |  |  | 6486747 |
|  | **TOTAL TERM LOANS (Cost $26,663,952)** | **TOTAL TERM LOANS (Cost $26,663,952)** |  |  | 26528422 |
| **Principal Amount ($)** |  |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 3.1%** | **U.S. GOVERNMENT & AGENCIES — 3.1%** |  |  |  |
|  | **U.S. TREASURY BILLS** — **3.1%** | **U.S. TREASURY BILLS** — **3.1%** |  |  |  |
| 7000000 | United States Treasury Bill<sup>(f)</sup> |  | 3.5600 | &nbsp;&nbsp;&nbsp;06/09/26 | $6972795 |
|  | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $6,972,838)** | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $6,972,838)** |  |  | 6972795 |
|  | **TOTAL INVESTMENTS - 98.4% (Cost $225,152,344)** | **TOTAL INVESTMENTS - 98.4% (Cost $225,152,344)** |  |  | &nbsp;&nbsp;&nbsp; $223223198 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 1.6%** | **OTHER ASSETS IN EXCESS OF LIABILITIES- 1.6%** |  |  | &nbsp;&nbsp; 3705293 |
|  | **NET ASSETS - 100.0%** |  |  |  | &nbsp;&nbsp; $226928491 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |  |
| **Number of Contracts** | **Open Long Futures Contracts** | **Broker** | **Expiration** | **Notional Amount<sup>(g)</sup>** | **Value and Unrealized Depreciation** |
| 40 | CBOT 10 Year US Treasury Note | Interactive Brokers | 06/22/2026 | &nbsp;&nbsp;&nbsp; $4423750 | &nbsp;&nbsp;&nbsp; $(91875) |
| 40 | CBOT 5 Year US Treasury Note | Interactive Brokers | 07/01/2026 | &nbsp;&nbsp;&nbsp; 4313438 | &nbsp;&nbsp;&nbsp; (68437) |
| 40 | CBOT US Treasure Bond Futures | Interactive Brokers | 06/22/2026 | &nbsp;&nbsp;&nbsp; 4513750 | &nbsp;&nbsp;&nbsp; (182500) |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  | &nbsp;&nbsp; $(342812) |

---

---

| | |
|:---|:---|
| A.G. | - Aktiengesellschsft |
| CBOT | - Chicago Board of Trades |
| CLO | - Collateralized Loan Obligation |
| LLC | - Limited Liability Company |
| LP | - Limited Partnership |
| LTD | - Limited Company |
| PLC | - Public Limited Company |
| REMIC | - Real Estate Mortgage Investment Conduit |
| S.A. | - Société Anonyme |
| H15T1Y | US Treasury Yield Curve Rate T Note Constant Maturity 1 Year |
| H15T5Y | US Treasury Yield Curve Rate T Note Constant Maturity 5 Year |
| H15T7Y | US Treasury Yield Curve Rate T Note Constant Maturity 7 Year |

---

---

| | |
|:---|:---|
| SOFR | United States SOFR Secured Overnight Financing Index |
| SOFR30A | United States 30 Day Average SOFR Secured Overnight Financing Rate |
| SOFRRATE | United States SOFR Secured Overnight Financing Rate |
| TSFR1M | Term SOFR Secured Overnight Financing Rate 1 Month |
| TSFR3M | Term SOFR Secured Overnight Financing Rate 3 Month |
| US0003M | 3 Month US Dollar London Interbank Offered Rate |
| USISOA05 | 5-Year Published USD SOFR Spread-Adjusted ICE Swap Rate |

---

<sup>(a)</sup> Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of April 30, 2026 the total market value of 144A securities is $83,387,502 or 36.7% of net assets.

<sup>(b)</sup> Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

<sup>(c)</sup> Percentage rounds to less than 0.1%.

<sup>(d)</sup> Step bond. Coupon rate is fixed rate that changes on a specified date. The rate shown is the current rate at April 30, 2026.

<sup>(e)</sup> Interest only securities.

<sup>(f)</sup> Zero coupon bond.

<sup>(g)</sup> The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of and are not necessarily indicative of the future cash flows of the Fund's futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affect the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Two Roads Shared Trust

- **b. Investment Company Act file number:** 811-22718

- **c. CIK number of Registrant:** 0001552947

- **d. LEI of Registrant:** 549300REHU8QC2CK4V30

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 402-895-1600

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

- **a. Name of Series:** Anfield Universal Fixed Income ETF

- **b. EDGAR series identifier (if any):** S000062994

- **c. LEI of Series:** 549300P4WM6QLLS2DJ24

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $227163158.15

**Total Liabilities:** $234667.50

**Net Assets:** $226928490.65

**Cash Not Reported:** $2366692.85

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1308.20538400 | **1-Year:** 6042.80613700 | **5-Year:** 11953.43627200 | **10-Year:** 15468.04937300 | **30-Year:** 7933.96499000

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

- **3-Month:** 1744.27879500 | **1-Year:** 6411.34506500 | **5-Year:** 15502.06399400 | **10-Year:** 1633.09715300 | **30-Year:** 1065.80899500

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000204431 | 0.33%                | -0.99%               | 1.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $15556.94                | $-5739.23                                  |
| Month 2  | $65100.56                | $-2941386.82                               |
| Month 3  | $-295.65                 | $1829363.81                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Aramark                                                     | ARMK TL B10 1L USD      | CUSIP: 03852JBC4<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |   1401895 | PA      | $1410221.87   | 0.62%             | 2030-06-24      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                        | BAC 4 3/8 PERP          | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2739000 | PA      | $2716558.55   | 1.20%             | 2174-04-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORIES INTERNATIONAL INC                | CRL 4 1/4 05/01/28      | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    813000 | PA      | $800571.67    | 0.35%             | 2028-05-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                          | ALLY 6 07/15/29         | CUSIP: 02006DV40<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251005.13    | 0.11%             | 2029-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 2980 SL             | CUSIP: 31395UF63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    170639 | PA      | $15046.86     | 0.01%             | 2034-11-15      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                  | USB 5.3 PERP            | CUSIP: 902973AZ9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   2295000 | PA      | $2288126.70   | 1.01%             | 2049-12-29      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2004-62 TP          | CUSIP: 31394AQS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    125029 | PA      | $13032.28     | 0.01%             | 2033-07-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4139 PO             | CUSIP: 3137AWYB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    102250 | PA      | $69751.85     | 0.03%             | 2042-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                          | ALLY 4.7 PERP           | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   3914000 | PA      | $3768855.34   | 1.66%             | 2169-08-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                      | PENN 4 1/8 07/01/29     | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2955000 | PA      | $2813532.03   | 1.24%             | 2029-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2004-91 DS          | CUSIP: 31394BYP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    120549 | PA      | $10996.25     | 0.00%             | 2034-12-25      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| Six Flags                                                   | FUN TL B 1L USD         | CUSIP: 15018LAN1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1987386 | PA      | $1974965.21   | 0.87%             | 2031-05-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| SHACKLETON 2014-V-R CLO LTD                                 | SHACK 2014-5RA D        | CUSIP: 81881JAJ1<br>LEI: 549300OM5GJJFIKCOZ48 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1753848.25   | 0.77%             | 2031-05-07      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                               | F 5.8 03/08/29          | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228143.13    | 0.10%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2018-120 JI         | CUSIP: 38380YVE2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    139594 | PA      | $19971.00     | 0.01%             | 2048-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-117 SM         | CUSIP: 31396YAV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    194871 | PA      | $17400.66     | 0.01%             | 2038-01-25      | Floating      | 2.54%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                            | DB 8.13011 PERP         | CUSIP: D18190PH1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   2000000 | PA      | $2124495.92   | 0.94%             | 2174-04-30      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 239 IO              | CUSIP: 31282YJ34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     35726 | PA      | $6468.48      | 0.00%             | 2036-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                               | F 6.2 06/20/34          | CUSIP: 34540TH88<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    700000 | PA      | $700370.41    | 0.31%             | 2034-06-20      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                  | COF FLOAT PERP          | CUSIP: 14040HDK8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   2788000 | PA      | $2758343.77   | 1.22%             | 2173-10-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 324 C17             | CUSIP: 31325VBM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2127388 | PA      | $166750.16    | 0.07%             | 2033-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                     | VW 4 3/4 11/13/28       | CUSIP: 928668AU6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500146.37    | 0.22%             | 2028-11-13      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SOCIETE GENERALE SA                                         | SOCGEN 5 3/8 PERP       | CUSIP: F8500RAA0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $2408927.50   | 1.06%             | 2173-05-18      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2010-152 SA         | CUSIP: 38377NEM2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     97491 | PA      | $10114.54     | 0.00%             | 2040-11-16      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2010-126 UI         | CUSIP: 31398SBJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     50809 | PA      | $4323.53      | 0.00%             | 2040-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 398 C9              | CUSIP: 3136FGRH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    608806 | PA      | $158358.17    | 0.07%             | 2039-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LENDING FUND                             | BXSL 5.3 06/30/30       | CUSIP: 09261XAK8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1438523.31   | 0.63%             | 2030-06-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 364 2               | CUSIP: 3136FCYK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    208683 | PA      | $25841.68     | 0.01%             | 2035-09-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                     | VW 5.65 09/12/28        | CUSIP: 928668BW1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    500000 | PA      | $510313.13    | 0.22%             | 2028-09-12      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                         | FSK 2 5/8 01/15/27      | CUSIP: 302635AH0<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    275000 | PA      | $268781.43    | 0.12%             | 2027-01-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| OAKTREE CLO 2020-1 LTD                                      | OAKCL 2020-1A CRR       | CUSIP: 67402FAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002428.00   | 0.88%             | 2038-01-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP (THE)                          | BK 6.3 PERP             | CUSIP: 064058AN0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    860000 | PA      | $888926.96    | 0.39%             | 2174-03-20      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4618 SA             | CUSIP: 3137BRXK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    304710 | PA      | $33851.98     | 0.01%             | 2046-09-15      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 240 IO              | CUSIP: 31282YJ42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    201745 | PA      | $35179.94     | 0.02%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 244 IO              | CUSIP: 31282YXC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    496582 | PA      | $71569.58     | 0.03%             | 2036-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2013-181 SA         | CUSIP: 38378YFA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     69269 | PA      | $6898.81      | 0.00%             | 2043-11-20      | Floating      | 2.32%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2017-56 IE          | CUSIP: 38376ULU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    763874 | PA      | $55044.88     | 0.02%             | 2044-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Garda World Security                                        | GWCN TL B 1L USD        | CUSIP: C4000KAH7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | US        |   1994962 | PA      | $1996209.06   | 0.88%             | 2029-02-01      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY INC                         | AEP 3 7/8 02/15/62      | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3350887.34   | 1.48%             | 2062-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                         | NSANY 1.85 09/16/26     | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   2012000 | PA      | $1986180.27   | 0.88%             | 2026-09-16      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                               | F 4.85 11/20/29         | CUSIP: 34540TVW9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492203.94    | 0.22%             | 2029-11-20      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| SUMISHO AIR LEASE CORP                                      | AL 4.65 PERP            | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   2436000 | PA      | $2439519.78   | 1.08%             | 2170-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2017-97 SW          | CUSIP: 3136B0DZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1086759 | PA      | $120499.02    | 0.05%             | 2047-12-25      | Floating      | 2.44%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL SPECIALTY FINANCE INC                          | BCSF 5.95 03/15/30      | CUSIP: 05684BAD9<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |   2847000 | PA      | $2792190.67   | 1.23%             | 2030-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3149 SM             | CUSIP: 31396RJ99<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    135681 | PA      | $11644.37     | 0.01%             | 2036-05-15      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2017-108 SA         | CUSIP: 3136B0RS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    774814 | PA      | $86494.69     | 0.04%             | 2048-01-25      | Floating      | 2.39%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2010-130 HI         | CUSIP: 31398N3D4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    186489 | PA      | $33741.28     | 0.01%             | 2040-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 303 105             | CUSIP: 31325T6C8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    248433 | PA      | $32554.30     | 0.01%             | 2043-01-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                        | ARMK 5 02/01/28         | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1647559.16   | 0.73%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2006-101 SA         | CUSIP: 31396LHY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     76119 | PA      | $8909.21      | 0.00%             | 2036-10-25      | Floating      | 2.82%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 343 6               | CUSIP: 3136FA6C9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50721 | PA      | $4965.37      | 0.00%             | 2033-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-28 CF          | CUSIP: 31396VKY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    923210 | PA      | $95212.80     | 0.04%             | 2036-07-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 399 2               | CUSIP: 3136FKAB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    252110 | PA      | $49692.95     | 0.02%             | 2039-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AIMCO CLO SERIES 2017-A                                     | AIMCO 2017-AA D1R2      | CUSIP: 00900CBC7<br>LEI: 549300MMTPNJGGRMPB33 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1981050.00   | 0.87%             | 2038-01-20      | Floating      | 6.08%                 | Yes           |                  2 | On Loan: No      |
| KEYCORP                                                     | KEY 5 PERP              | CUSIP: 493267AK4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1259784.50   | 0.56%             | 2049-12-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2007-40 SW          | CUSIP: 38375KB76<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     84387 | PA      | $233.88       | 0.00%             | 2037-07-20      | Floating      | 0.40%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4456 IA             | CUSIP: 3137BGRL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    150135 | PA      | $23233.98     | 0.01%             | 2045-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2019-H16 CI         | CUSIP: 38380LG23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1305462 | PA      | $50788.35     | 0.02%             | 2069-10-20      | Floating      | 2.04%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2018-58 IO          | CUSIP: 3136B2XG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    314766 | PA      | $43077.84     | 0.02%             | 2048-08-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Aramark                                                     | ARMK TL B9 1L USD       | CUSIP: 03852JBB6<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |    876858 | PA      | $880873.63    | 0.39%             | 2028-04-06      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2016-121 JS         | CUSIP: 38380AZD2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    766323 | PA      | $95814.36     | 0.04%             | 2046-09-20      | Floating      | 2.32%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                          | ACAFP 4 3/4 PERP        | CUSIP: F2R125CJ2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   1750000 | PA      | $1704613.93   | 0.75%             | 2174-03-23      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3572 VS             | CUSIP: 31398JTX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    108498 | PA      | $11499.19     | 0.01%             | 2039-09-15      | Floating      | 2.98%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2019-6 SA           | CUSIP: 38381BG65<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    391523 | PA      | $41638.94     | 0.02%             | 2049-01-20      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2012-69 QI          | CUSIP: 38378EQG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     99477 | PA      | $9547.81      | 0.00%             | 2041-03-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2006-8 HL           | CUSIP: 31394VV64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     26886 | PA      | $2693.27      | 0.00%             | 2036-03-25      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2004-106 HW         | CUSIP: 38374KJW4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     17178 | PA      | $19285.88     | 0.01%             | 2034-12-16      | Floating      | 8.61%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA (THE)                                   | BNS 3 5/8 10/27/2081    | CUSIP: 0641598N9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   3820000 | PA      | $3770470.26   | 1.66%             | 2081-10-27      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 395 7               | CUSIP: 3136FGDK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1126032 | PA      | $201030.58    | 0.09%             | 2036-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                          | SGMS 7 1/4 11/15/29     | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1922000 | PA      | $1966409.73   | 0.87%             | 2029-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                         | NSANY 6 1/8 09/30/30    | CUSIP: 65480CAL9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   5800000 | PA      | $5715262.58   | 2.52%             | 2030-09-30      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-55 S           | CUSIP: 31396WGR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    488777 | PA      | $14126.14     | 0.01%             | 2037-06-25      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2015-179 BI         | CUSIP: 38379TAF6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    535540 | PA      | $26747.41     | 0.01%             | 2043-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                | ENBCN 6 1/4 03/01/78    | CUSIP: 29250NAW5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    980000 | PA      | $984893.14    | 0.43%             | 2078-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 291 2               | CUSIP: 31364HR41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19314 | PA      | $594.34       | 0.00%             | 2027-11-25      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2012-30 CI          | CUSIP: 3136A5YA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1298016 | PA      | $116901.43    | 0.05%             | 2041-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AIMCO CLO 14 LTD                                            | AIMCO 2021-14A CR       | CUSIP: 00144GAU5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1998636.00   | 0.88%             | 2038-10-20      | Floating      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 396 2               | CUSIP: 3136FGEU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    176581 | PA      | $24267.95     | 0.01%             | 2039-06-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                               | F 4 1/8 08/17/27        | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    812000 | PA      | $802565.68    | 0.35%             | 2027-08-17      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2008-36 SB          | CUSIP: 38374D3E7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     77482 | PA      | $431.28       | 0.00%             | 2038-04-20      | Floating      | 2.49%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2016-145 UI         | CUSIP: 38380BHW8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    152618 | PA      | $26241.45     | 0.01%             | 2046-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ICG US CLO 2021-3 LTD                                       | ICG 2021-3A CR          | CUSIP: 449249AW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000814.00   | 0.44%             | 2034-10-20      | Floating      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| BNP PARIBAS SA                                              | BNP 7 3/4 PERP          | CUSIP: F1067PAC0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   2000000 | PA      | $2103642.00   | 0.93%             | 2174-02-16      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                  | COF 3.95 PERP           | CUSIP: 14040HCF0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    848000 | PA      | $841566.72    | 0.37%             | 2169-09-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4091 TS             | CUSIP: 3137ATGE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    105484 | PA      | $14604.48     | 0.01%             | 2042-08-15      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 5007 SK             | CUSIP: 3137FVLY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    589109 | PA      | $73967.68     | 0.03%             | 2050-08-25      | Floating      | 2.34%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                               | F 5 1/2 02/20/30        | CUSIP: 34540TN32<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1412796.51   | 0.62%             | 2030-02-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2008-58 SE          | CUSIP: 31397LQ51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1198320 | PA      | $110149.83    | 0.05%             | 2038-07-25      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| OAKTREE CLO 2025-29 LTD                                     | OAKCL 2025-29A C        | CUSIP: 67402XAE0<br>LEI: 254900JZZ80KXT7WZA03 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001206.00   | 0.88%             | 2038-04-15      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2016-9 SA           | CUSIP: 38379TA74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    159024 | PA      | $17086.15     | 0.01%             | 2046-01-20      | Floating      | 2.32%                 | No            |                  2 | On Loan: No      |
| ALLEGRO CLO XV LTD                                          | ALLEG 2022-1A D1AR      | CUSIP: 01749WAU7<br>LEI: 254900AAPS2B2Z2RDL27 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1491021.00   | 0.66%             | 2038-04-20      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2003-43 IY          | CUSIP: 31393A5A1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     69142 | PA      | $8453.65      | 0.00%             | 2033-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Restaurant Brands International                             | BCULC TL B5 1L USD      | CUSIP: C6901LAM9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1890342 | PA      | $1894472.61   | 0.83%             | 2030-09-23      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV              | TEVA 6 3/4 03/01/28     | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $513159.50    | 0.23%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                  | USB 3.7 PERP            | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    600000 | PA      | $590887.74    | 0.26%             | 2174-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                        | OMF 3 1/2 01/15/27      | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    310000 | PA      | $306049.64    | 0.13%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-28 LS          | CUSIP: 31396VLB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    105867 | PA      | $10980.54     | 0.00%             | 2036-01-25      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                | BACR 4.836 05/09/28     | CUSIP: 06738EAW5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $500579.46    | 0.22%             | 2028-05-09      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                                | NCLH 5 7/8 01/15/31     | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    650000 | PA      | $633018.94    | 0.28%             | 2031-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2004-46 S           | CUSIP: 38374G6F4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    246267 | PA      | $2740.17      | 0.00%             | 2034-06-20      | Floating      | 3.32%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2013-53 OI          | CUSIP: 38378MVC6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    104510 | PA      | $14081.05     | 0.01%             | 2043-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3355 BI             | CUSIP: 31397KCA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    142787 | PA      | $12222.49     | 0.01%             | 2037-08-15      | Floating      | 2.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 2616 SC             | CUSIP: 31393QTR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     28706 | PA      | $2337.72      | 0.00%             | 2032-12-15      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                                  | ACACN 3 7/8 08/15/26    | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    173000 | PA      | $172633.93    | 0.08%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2020-167 NS         | CUSIP: 38382LBR1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |    531844 | PA      | $71522.14     | 0.03%             | 2050-11-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| DRYDEN 55 CLO LTD                                           | DRSLF 2018-55A D        | CUSIP: 26245MAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1607345.60   | 0.71%             | 2031-04-15      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2015-144 SA         | CUSIP: 38379QD51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    422684 | PA      | $50031.63     | 0.02%             | 2045-10-20      | Floating      | 2.42%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2006-116 S          | CUSIP: 31396LZE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     82526 | PA      | $7434.09      | 0.00%             | 2036-12-25      | Floating      | 2.84%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | FHR 2367 SG             | CUSIP: 31339GL25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     46142 | PA      | $4047.24      | 0.00%             | 2031-06-15      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & COMPANY                                   | JPM 8 1/2 02/15/39      | CUSIP: 48130CGJ8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    523000 | PA      | $452811.77    | 0.20%             | 2039-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4995 KI             | CUSIP: 3137FUX25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    793273 | PA      | $114683.64    | 0.05%             | 2043-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2003-7 SN           | CUSIP: 31392HY56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    253760 | PA      | $30934.86     | 0.01%             | 2033-02-25      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2014-38 QI          | CUSIP: 3136AKNS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    225725 | PA      | $31319.16     | 0.01%             | 2043-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS IV BV               | TEVA 5 3/4 12/01/30     | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $256728.50    | 0.11%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE SA                                         | SOCGEN 2.797 01/19/28   | CUSIP: 83368RBH4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $246800.93    | 0.11%             | 2028-01-19      | Fixed         | 2.80%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 367 116             | CUSIP: 31325XXE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    806488 | PA      | $116533.79    | 0.05%             | 2050-06-15      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                              | BNP 7 3/4 PERP          | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   1375000 | PA      | $1446253.88   | 0.64%             | 2169-08-16      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Penn Entertainment (fka Penn National Gaming)               | PENN TL B 1L USD        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    492327 | PA      | $494902.25    | 0.22%             | 2029-05-03      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP (THE)                                   | SCHW 4 PERP             | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1548393.43   | 0.68%             | 2169-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                        | OMF 5 3/8 11/15/29      | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246491.58    | 0.11%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                         | FSK 3 1/8 10/12/28      | CUSIP: 302635AK3<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    722000 | PA      | $676625.59    | 0.30%             | 2028-10-12      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2014-87 MS          | CUSIP: 3136AMKT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    735109 | PA      | $72519.43     | 0.03%             | 2045-01-25      | Floating      | 2.49%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3652 CS             | CUSIP: 31398WY40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1431403 | PA      | $169154.43    | 0.07%             | 2040-03-15      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| American Airlines                                           | AAL TL B 1L USD         | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2385351 | PA      | $2375571.45   | 1.05%             | 2028-04-20      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2020-86 TK          | CUSIP: 38382GCS9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |  15436707 | PA      | $76152.36     | 0.03%             | 2048-08-20      | Floating      | 0.15%                 | No            |                  2 | On Loan: No      |
| BATTALION CLO 17 LTD                                        | BATLN 2021-17A CR       | CUSIP: 07133PAS8<br>LEI: 549300QQUW46V6EB1N30 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001142.00   | 0.44%             | 2034-03-09      | Floating      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                         | NSANY 5.3 09/13/27      | CUSIP: 65480CAG0<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    837000 | PA      | $834908.31    | 0.37%             | 2027-09-13      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2012-68 NS          | CUSIP: 3136A7DH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    256589 | PA      | $9280.29      | 0.00%             | 2042-03-25      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 355 12              | CUSIP: 3136FCNM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39802 | PA      | $4393.53      | 0.00%             | 2034-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLV LTD                                | MDPK 2020-45A CRR       | CUSIP: 55820BAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1495933.50   | 0.66%             | 2034-07-15      | Floating      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2011-11 PI          | CUSIP: 31397Q6P8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     54227 | PA      | $5810.75      | 0.00%             | 2041-03-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                          | ALLY 4.7 PERP           | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2432000 | PA      | $2428839.52   | 1.07%             | 2169-08-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4340 TI             | CUSIP: 3137BAW32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     52788 | PA      | $1305.43      | 0.00%             | 2039-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 378 4               | CUSIP: 3136FEMF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    502384 | PA      | $81455.92     | 0.04%             | 2036-07-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                    | AXP 3.55 PERP           | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    993000 | PA      | $983970.35    | 0.43%             | 2171-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 2444 TI             | CUSIP: 31392KWY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     43921 | PA      | $4743.94      | 0.00%             | 2032-05-15      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                          | ET 6 5/8 PERP           | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1436863.92   | 0.63%             | 2167-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2008-15 CI          | CUSIP: 383742RH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    784131 | PA      | $4526.47      | 0.00%             | 2038-02-20      | Floating      | 2.71%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                               | F 4 11/13/30            | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    500000 | PA      | $469794.49    | 0.21%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2010-113 BS         | CUSIP: 38377J3U5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     55463 | PA      | $6415.90      | 0.00%             | 2040-09-20      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                         | RRR 4 5/8 12/01/31      | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    675000 | PA      | $635557.12    | 0.28%             | 2031-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 2950 SN             | CUSIP: 31395PXS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    174457 | PA      | $7869.82      | 0.00%             | 2035-03-15      | Floating      | 2.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 385 3               | CUSIP: 3136FEV74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    296061 | PA      | $43845.89     | 0.02%             | 2038-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 2463 SB             | CUSIP: 31392MTM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    120053 | PA      | $10689.95     | 0.00%             | 2032-06-15      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3368 AI             | CUSIP: 31397KL90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    132634 | PA      | $9159.67      | 0.00%             | 2037-09-15      | Floating      | 2.28%                 | No            |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                          | LNW 7 1/2 09/01/31      | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1615998.10   | 0.71%             | 2031-09-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                        | GM 5.7 PERP             | CUSIP: 37045XDB9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4197000 | PA      | $4126263.76   | 1.82%             | 2069-03-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2018-54 SA          | CUSIP: 3136B2XW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2022408 | PA      | $181513.78    | 0.08%             | 2048-08-25      | Floating      | 2.49%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                              | BNP 4 5/8 PERP          | CUSIP: 05565AB28<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   3820000 | PA      | $3810043.93   | 1.68%             | 2177-01-12      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2004-70 XJ          | CUSIP: 31394A4U7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    159965 | PA      | $19967.43     | 0.01%             | 2034-10-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2017-87 KI          | CUSIP: 3136AYZ97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    160419 | PA      | $19506.46     | 0.01%             | 2041-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC (THE)                      | PNC 3.4 PERP            | CUSIP: 693475BC8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1348350.69   | 0.59%             | 2172-12-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | FNR 2009-66 SH          | CUSIP: 31396QR50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    185104 | PA      | $9981.02      | 0.00%             | 2039-09-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 346 2               | CUSIP: 3136FCBD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61941 | PA      | $8313.87      | 0.00%             | 2033-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2008-6 SD           | CUSIP: 383742HQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     58787 | PA      | $355.78       | 0.00%             | 2038-02-20      | Floating      | 2.68%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                      | US LONG BOND(CBT) Jun26 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        40 | NC      | $-182500.00   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Graham Packaging                                            | GRMPAC TL B 1L USD      | CUSIP: 38469EAH6<br>LEI: 549300YS0ZFT826HIK72 | Long             | LON              | CORP              | US        |   1250000 | PA      | $1249218.75   | 0.55%             | 2033-01-14      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2015-36 MI          | CUSIP: 38379JA50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    216793 | PA      | $32882.70     | 0.01%             | 2045-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP (THE)                          | BK 3.7 PERP             | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1453000 | PA      | $1463556.05   | 0.64%             | 2170-03-20      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3117 JS             | CUSIP: 31396HV30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     35242 | PA      | $3347.27      | 0.00%             | 2036-02-15      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2011-122 DS         | CUSIP: 3136A2YT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1077039 | PA      | $121540.14    | 0.05%             | 2041-12-25      | Floating      | 2.76%                 | No            |                  2 | On Loan: No      |
| TRIMARAN CAVU 2019-1 LTD                                    | CAVU 2019-1A CR         | CUSIP: 89624CDL3<br>LEI: 549300IGMQ24BLOIU872 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2003964.00   | 0.88%             | 2037-01-20      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT        | B 06/09/26              | CUSIP: 912797TZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6972794.78   | 3.07%             | 2026-06-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2008-2 SM           | CUSIP: 38374DPK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     98949 | PA      | $6210.95      | 0.00%             | 2038-01-16      | Floating      | 2.72%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-18 BF          | CUSIP: 31395B7M9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    899228 | PA      | $77358.76     | 0.03%             | 2036-04-25      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2019-41 SB          | CUSIP: 3136B5SN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    325949 | PA      | $36232.55     | 0.02%             | 2049-08-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 409 C18             | CUSIP: 3136FLFM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    274471 | PA      | $48217.23     | 0.02%             | 2042-04-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2008-27 SI          | CUSIP: 38374DSX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     94297 | PA      | $550.09       | 0.00%             | 2038-03-20      | Floating      | 2.69%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                      | SRE 4 1/8 04/01/52      | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1774917.36   | 0.78%             | 2052-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 238 8               | CUSIP: 31282YJZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    180947 | PA      | $27674.59     | 0.01%             | 2036-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2008-51 SC          | CUSIP: 38375QU31<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     93441 | PA      | $5987.82      | 0.00%             | 2038-06-20      | Floating      | 2.47%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-109 DI         | CUSIP: 31396XZ64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    133093 | PA      | $14988.00     | 0.01%             | 2037-12-25      | Floating      | 2.64%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                             | CMS 4 3/4 06/01/50      | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982637.70    | 0.43%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TCW CLO 2017-1 LTD                                          | TCW 2017-1A AJR4        | CUSIP: 87240NBW5<br>LEI: 549300BD6SSD2EBMCC95 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000741.00   | 0.44%             | 2038-03-24      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 365 4               | CUSIP: 3136FCZD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    347756 | PA      | $48809.89     | 0.02%             | 2036-04-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 370 2               | CUSIP: 3136FEAB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     56085 | PA      | $10742.79     | 0.00%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 5086 HI             | CUSIP: 3137FFGG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    737470 | PA      | $155923.20    | 0.07%             | 2051-03-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORP                                               | MTB 3 1/2 PERP          | CUSIP: 55261FAN4<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   2047000 | PA      | $2018819.46   | 0.89%             | 2173-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2018-154 IT         | CUSIP: 38381AWW2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    213992 | PA      | $38816.18     | 0.02%             | 2048-10-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                          | VICI 4 1/8 08/15/30     | CUSIP: 92564RAE5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    725000 | PA      | $696689.45    | 0.31%             | 2030-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 5112 IB             | CUSIP: 3137H0R91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    483710 | PA      | $48848.27     | 0.02%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2013-103 JS         | CUSIP: 3136AGNX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    210511 | PA      | $18963.50     | 0.01%             | 2043-10-25      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2016-39 LS          | CUSIP: 3136ASU38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    323778 | PA      | $35285.92     | 0.02%             | 2046-07-25      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 2802 SI             | CUSIP: 31394YQF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    371668 | PA      | $25324.09     | 0.01%             | 2034-05-15      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 221 IO              | CUSIP: 31282YDE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     61771 | PA      | $8224.84      | 0.00%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2017-99 DI          | CUSIP: 38380F5B8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    139085 | PA      | $4458.17      | 0.00%             | 2045-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2009-112 ST         | CUSIP: 31398GKH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     67031 | PA      | $6358.58      | 0.00%             | 2040-01-25      | Floating      | 2.49%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2008-51 SE          | CUSIP: 38375QV30<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    116289 | PA      | $7696.22      | 0.00%             | 2038-06-16      | Floating      | 2.47%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4583 TI             | CUSIP: 3137BPDK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   5414640 | PA      | $10650.60     | 0.00%             | 2046-05-15      | Floating      | 0.10%                 | No            |                  2 | On Loan: No      |
| CWALT INC MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2007-J1 | CWALT 2007-J1 3A2       | CUSIP: 02149MCJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     38820 | PA      | $36768.64     | 0.02%             | 2036-11-25      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2013-170 ID         | CUSIP: 38378U7B7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    288453 | PA      | $20088.96     | 0.01%             | 2040-02-20      | Floating      | 3.01%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                          | VICI 4 1/4 12/01/26     | CUSIP: 92564RAA3<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498897.75    | 0.22%             | 2026-12-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                      | PENN 5 5/8 01/15/27     | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2219000 | PA      | $2218108.85   | 0.98%             | 2027-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4471 JI             | CUSIP: 3137BJH22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    295771 | PA      | $59809.09     | 0.03%             | 2043-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2012-103 TI         | CUSIP: 3136A8ZQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1004669 | PA      | $156998.38    | 0.07%             | 2042-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2006-125 SM         | CUSIP: 31396PDC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     33620 | PA      | $3671.71      | 0.00%             | 2037-01-25      | Floating      | 3.44%                 | No            |                  2 | On Loan: No      |
| AGL CLO 6 LTD                                               | AGL 2020-6A D1R2        | CUSIP: 00119VBL2<br>LEI: 5493008ZSC34VKNPZN79 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1424424.00   | 0.63%             | 2038-04-20      | Floating      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP                                               | CCL 4 08/01/28          | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1000000 | PA      | $977418.50    | 0.43%             | 2028-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC                                      | IGT 5 1/4 01/15/29      | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   2130000 | PA      | $2121714.94   | 0.93%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4291 MS             | CUSIP: 3137B7AC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    187544 | PA      | $18096.58     | 0.01%             | 2054-01-15      | Floating      | 2.15%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP INC                                | CFG 4 PERP              | CUSIP: 174610BD6<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   1326000 | PA      | $1311971.19   | 0.58%             | 2171-10-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2010-139 SA         | CUSIP: 31398SWY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    259608 | PA      | $26832.94     | 0.01%             | 2040-12-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2011-148 SN         | CUSIP: 38378AQF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    242468 | PA      | $30103.92     | 0.01%             | 2041-11-16      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2016-4 SM           | CUSIP: 38379TU80<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    359361 | PA      | $27379.00     | 0.01%             | 2046-01-20      | Floating      | 1.87%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 5136 IJ             | CUSIP: 3137H1QP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    451352 | PA      | $51110.78     | 0.02%             | 2051-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OUTFRONT Media                                              | OUT TL B 1L USD         | CUSIP: 69007UAB7<br>LEI: 5493005WC7J0FDMW0610 | Long             | LON              | CORP              | US        |    500000 | PA      | $502970.00    | 0.22%             | 2032-09-24      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2014-58 SA          | CUSIP: 38379BRL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    146640 | PA      | $15292.17     | 0.01%             | 2044-04-20      | Floating      | 2.32%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                | UVN 4 1/2 05/01/29      | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    925000 | PA      | $882878.55    | 0.39%             | 2029-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4451 DI             | CUSIP: 3137BHBX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     70302 | PA      | $1134.52      | 0.00%             | 2039-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 371 2               | CUSIP: 3136FCP75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    368143 | PA      | $68384.28     | 0.03%             | 2036-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OZLM XXIV LTD                                               | OZLM 2019-24A C2        | CUSIP: 67113DAS3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2150000 | PA      | $2159003.99   | 0.95%             | 2032-07-20      | Floating      | 8.20%                 | Yes           |                  2 | On Loan: No      |
| BOYD GAMING CORP                                            | BYD 4 3/4 12/01/27      | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    577000 | PA      | $574697.31    | 0.25%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2018-74 MI          | CUSIP: 3136B3JA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     89937 | PA      | $17520.10     | 0.01%             | 2048-10-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3055 MS             | CUSIP: 31396CVS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    488502 | PA      | $51630.48     | 0.02%             | 2035-10-15      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 324 C24             | CUSIP: 31325VBU7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    897170 | PA      | $184821.90    | 0.08%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV              | TEVA 3.15 10/01/26      | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    647000 | PA      | $642730.71    | 0.28%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                         | NSANY 5.55 09/13/29     | CUSIP: 65480CAH8<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    925000 | PA      | $906120.75    | 0.40%             | 2029-09-13      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-36 SN          | CUSIP: 31396VQY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    136313 | PA      | $12708.70     | 0.01%             | 2037-04-25      | Floating      | 3.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 408 C4              | CUSIP: 3136FG6H5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    692175 | PA      | $118653.12    | 0.05%             | 2040-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-106 SN         | CUSIP: 31396XD92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     62538 | PA      | $5583.66      | 0.00%             | 2037-11-25      | Floating      | 2.65%                 | No            |                  2 | On Loan: No      |
| MKS Instruments                                             | MKSI TL B 1L USD        | CUSIP: 55314NBB9<br>LEI: 549300KEQATBHAGVF505 | Long             | LON              | CORP              | US        |    600000 | PA      | $602814.00    | 0.27%             | 2033-01-28      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| WIND RIVER 2021-3 CLO LTD                                   | WINDR 2021-3A D1AR      | CUSIP: 97316DAW6<br>LEI: 254900AGKLJSTAXGRN27 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1999940.00   | 0.88%             | 2038-04-20      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 377 2               | CUSIP: 3136FC5N2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     94242 | PA      | $15115.35     | 0.01%             | 2036-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BCAP LLC TRUST 2007-AA2                                     | BCAP 2007-AA2 21IO      | CUSIP: 05530NBF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1655925 | PA      | $29508.24     | 0.01%             | 2037-04-25      | Floating      | 0.42%                 | No            |                  2 | On Loan: No      |
| ILFC E-CAPITAL TRUST I                                      | AER Float 12/21/65      | CUSIP: 44965TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1717926.60   | 0.76%             | 2065-12-21      | Floating      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 5174 NI             | CUSIP: 3137H4MG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    825710 | PA      | $140644.40    | 0.06%             | 2051-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2010-89 AI          | CUSIP: 31398TPA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   3456534 | PA      | $11163.91     | 0.00%             | 2038-02-25      | Floating      | 0.15%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3303 SG             | CUSIP: 31397GQ29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    152430 | PA      | $11418.28     | 0.01%             | 2037-04-15      | Floating      | 2.35%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                      | US 5YR NOTE (CBT) Jun26 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        40 | NC      | $-68437.48    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT AGRICOLE SA                                          | ACAFP 4 3/4 PERP        | CUSIP: 225313AP0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   1975000 | PA      | $1923778.57   | 0.85%             | 2173-03-23      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN COMPANY (THE)                                      | SO 3 3/4 09/15/51       | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1245585.75   | 0.55%             | 2051-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2018-8 IO           | CUSIP: 38380UPT4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    252528 | PA      | $55626.55     | 0.02%             | 2048-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2008-95 DS          | CUSIP: 38375DYP7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     46332 | PA      | $359.14       | 0.00%             | 2038-12-20      | Floating      | 3.52%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2010-133 SB         | CUSIP: 38377MHU3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    842830 | PA      | $99333.95     | 0.04%             | 2040-10-16      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3758 S              | CUSIP: 3137A3G45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    114080 | PA      | $9349.62      | 0.00%             | 2040-11-15      | Floating      | 2.28%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                          | ET 6 1/2 PERP           | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4046000 | PA      | $4063264.28   | 1.79%             | 2169-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2014-146 EI         | CUSIP: 38379GTZ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1095938 | PA      | $224609.34    | 0.10%             | 2044-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Air Canada                                                  | ACACN TL B 1L USD       | CUSIP: C0102MAS4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | LON              | CORP              | US        |   2458744 | PA      | $2459665.97   | 1.08%             | 2031-03-21      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| KKR CLO 27 LTD                                              | KKR 27A D1R2            | CUSIP: 48253YBU1<br>LEI: 5493007WGG1LNIZXEI24 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1985606.00   | 0.87%             | 2035-01-15      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2009-43 SA          | CUSIP: 38374UF97<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     79122 | PA      | $3093.07      | 0.00%             | 2039-06-20      | Floating      | 2.17%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                    | EDF 9 1/8 PERP          | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   4000000 | PA      | $4665764.00   | 2.06%             | 2173-06-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| SUMISHO AIR LEASE CORP                                      | AL 4 1/8 PERP           | CUSIP: 00912XBK9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   2648000 | PA      | $2616168.92   | 1.15%             | 2173-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 2524 SX             | CUSIP: 31392XY85<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     17338 | PA      | $1533.67      | 0.00%             | 2032-11-15      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                               | GS 3.65 PERP            | CUSIP: 38144GAG6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2121000 | PA      | $2115698.56   | 0.93%             | 2170-08-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 4583 ST             | CUSIP: 3137BPDJ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    183329 | PA      | $18401.09     | 0.01%             | 2046-05-15      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2015-64 SG          | CUSIP: 38379PD95<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    367547 | PA      | $30234.42     | 0.01%             | 2045-05-20      | Floating      | 1.82%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                               | F 6 1/8 03/08/34        | CUSIP: 345397E66<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2380000 | PA      | $2391534.41   | 1.05%             | 2034-03-08      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                       | AAL 5.65 11/11/34       | CUSIP: 02377PAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $747628.88    | 0.33%             | 2034-11-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP (THE)                          | BK 3 3/4 PERP           | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    275000 | PA      | $271929.63    | 0.12%             | 2176-12-20      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2012-89 SA          | CUSIP: 3136A7U91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    549915 | PA      | $43667.55     | 0.02%             | 2042-08-25      | Floating      | 1.79%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                               | F 4.95 05/28/27         | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299935.01    | 0.13%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                         | NSANY 2.45 09/15/28     | CUSIP: 65480CAD7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    710000 | PA      | $658791.25    | 0.29%             | 2028-09-15      | Fixed         | 2.45%                 | Yes           |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV              | TEVA 4 3/4 05/09/27     | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   1800000 | PA      | $1799064.72   | 0.79%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2019-22 SA          | CUSIP: 38381RDX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    428964 | PA      | $34288.64     | 0.02%             | 2045-02-20      | Floating      | 1.82%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2014-68 IB          | CUSIP: 3136ALRF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     60256 | PA      | $6063.80      | 0.00%             | 2043-02-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2014-91 SB          | CUSIP: 38379CPE0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    251286 | PA      | $17498.55     | 0.01%             | 2044-06-16      | Floating      | 1.82%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                         | NSANY 2 3/4 03/09/28    | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1143376.37   | 0.50%             | 2028-03-09      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| STATION CASINOS LLC                                         | RRR 4 1/2 02/15/28      | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1282069.23   | 0.56%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| FIRST CITIZENS BANCSHARES INC                               | FCNCA FLOAT PERP        | CUSIP: 31959XAA1<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2783728.75   | 1.23%             | 2170-06-15      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2020-47 MI          | CUSIP: 38382EDP9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1129709 | PA      | $219325.58    | 0.10%             | 2050-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                              | BNP 4 1/2 PERP          | CUSIP: 05565ALQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   1800000 | PA      | $1675498.50   | 0.74%             | 2170-02-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                        | RY 8 1/2 02/28/39       | CUSIP: 78014RTB6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    478000 | PA      | $483377.50    | 0.21%             | 2039-02-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3239 SI             | CUSIP: 31397CW39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     66157 | PA      | $6939.95      | 0.00%             | 2036-11-15      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-72 EK          | CUSIP: 31396WQH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     62802 | PA      | $6125.85      | 0.00%             | 2037-07-25      | Floating      | 2.64%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-88 MI          | CUSIP: 31396XUW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    408759 | PA      | $24457.29     | 0.01%             | 2037-09-25      | Floating      | 2.76%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 383 20              | CUSIP: 3136FFNR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58689 | PA      | $8856.63      | 0.00%             | 2037-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CBAM 2018/8 LTD                                             | CBAMR 2021-14A D1R      | CUSIP: 12516KAL1<br>LEI: 254900YSCN4KH02DQ033 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2985926.10   | 1.32%             | 2038-10-20      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2020-10 S           | CUSIP: 3136B9AZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    904490 | PA      | $99435.61     | 0.04%             | 2059-05-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2015-33 OI          | CUSIP: 3136APCS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    143299 | PA      | $15011.69     | 0.01%             | 2045-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 247 24              | CUSIP: 3128HUFQ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    285351 | PA      | $42132.35     | 0.02%             | 2036-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DRYDEN 109 CLO LTD                                          | DRSLF 2022-109A BR      | CUSIP: 26248KAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1505625.00   | 0.66%             | 2038-04-15      | Floating      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2013-5 BI           | CUSIP: 38378FPP9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     94099 | PA      | $13853.37     | 0.01%             | 2043-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2007-66 AS          | CUSIP: 31396WXT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     58607 | PA      | $5075.00      | 0.00%             | 2037-07-25      | Floating      | 2.84%                 | No            |                  2 | On Loan: No      |
| Light & Wonder (Scientific Games)                           | LNW TL B 1L USD         | CUSIP: 80875AAY7<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |    983189 | PA      | $985032.40    | 0.43%             | 2029-04-16      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                         | FSK 3 1/4 07/15/27      | CUSIP: 302635AL1<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    625000 | PA      | $607238.30    | 0.27%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                      | CNP 7 02/15/55          | CUSIP: 15189TBH9<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1226903.97   | 0.54%             | 2055-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 407 40              | CUSIP: 3136FG4X2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    324732 | PA      | $60763.38     | 0.03%             | 2038-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AGL CLO 3 LTD                                               | AGL 2020-3A CR          | CUSIP: 00119MAU3<br>LEI: 549300LS0REDUXQSHW18 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500919.50   | 0.66%             | 2038-04-15      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2016-84 IG          | CUSIP: 38379XGR5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    244805 | PA      | $46725.95     | 0.02%             | 2045-11-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United Airlines                                             | UAL TL B 1L USD         | CUSIP: 90932RAQ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1644824 | PA      | $1651510.33   | 0.73%             | 2031-02-24      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHR 3935 SH             | CUSIP: 3137AGTF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    105878 | PA      | $771.17       | 0.00%             | 2040-12-15      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2005-89 S           | CUSIP: 31394FUZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     64378 | PA      | $5140.51      | 0.00%             | 2035-10-25      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2013-4 ID           | CUSIP: 38378FNU0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    841857 | PA      | $146168.14    | 0.06%             | 2042-05-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES 2 LP                                        | MGMGPO 5 3/4 02/01/27   | CUSIP: 55303XAJ4<br>LEI: 549300U6G4UOCMLQK204 | Long             | DBT              | CORP              | US        |    166000 | PA      | $166780.53    | 0.07%             | 2027-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2005-87 SE          | CUSIP: 31394FV69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     40169 | PA      | $3131.08      | 0.00%             | 2035-10-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                | ENBCN 5 1/2 07/15/2077  | CUSIP: 29250NAS4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1935000 | PA      | $1937890.70   | 0.85%             | 2077-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2016-27 IA          | CUSIP: 38379VUJ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     57063 | PA      | $7504.09      | 0.00%             | 2045-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KEYBANK NA                                                  | KEY 6.95 02/01/28       | CUSIP: 49306CAB7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    350000 | PA      | $363304.57    | 0.16%             | 2028-02-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2021-78 QI          | CUSIP: 38382TBW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    373599 | PA      | $18444.93     | 0.01%             | 2034-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2006-8 WN           | CUSIP: 31394VX47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     13481 | PA      | $1188.88      | 0.00%             | 2036-03-25      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| OCTAGON LTD                                                 | OCT32 2017-1A A2R3      | CUSIP: 67573CAU3<br>LEI: 5493009LQ0GMI27K0355 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999975.00    | 0.44%             | 2037-10-31      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2012-126 IO         | CUSIP: 38378H3E4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    682365 | PA      | $93793.54     | 0.04%             | 2042-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE SA                                         | SOCGEN 9 3/8 PERP       | CUSIP: F8500RAC6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $211041.60    | 0.09%             | 2172-11-22      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2011-96 SA          | CUSIP: 3136A1QW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    231972 | PA      | $16152.71     | 0.01%             | 2041-10-25      | Floating      | 2.79%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2016-81 IM          | CUSIP: 38379YPT9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     43247 | PA      | $1927.16      | 0.00%             | 2044-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                   | CZR TL B1 1L USD        | CUSIP: 12768EAH9<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |   5257705 | PA      | $5104915.73   | 2.25%             | 2031-02-06      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                            | DUK 3 1/4 01/15/2082    | CUSIP: 26441CBP9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   2911000 | PA      | $2850334.18   | 1.26%             | 2082-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNR 2001-32 SA          | CUSIP: 313920FS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     26626 | PA      | $1347.91      | 0.00%             | 2031-07-25      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                      | US 10YR NOTE (CBT)Jun26 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        40 | NC      | $-91875.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| ARES CAPITAL CORP                                           | ARCC 5 1/2 09/01/30     | CUSIP: 04010LBK8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2763744.23   | 1.22%             | 2030-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP       | IEP 4 3/8 02/01/29      | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2382000 | PA      | $2089523.03   | 0.92%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 365 C10             | CUSIP: 31325XUV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    489926 | PA      | $93560.47     | 0.04%             | 2049-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Great American Outdoors (Bass Pro Shops)                    | BASSPR TL B 1L USD      | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |   2922792 | PA      | $2945078.43   | 1.30%             | 2032-01-16      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                             | FHS 365 121             | CUSIP: 31325XKX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    506440 | PA      | $69537.24     | 0.03%             | 2047-10-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                       | FNS 384 28              | CUSIP: 3136FEU42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     95560 | PA      | $14801.36     | 0.01%             | 2036-05-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                               | C 4.15 PERP             | CUSIP: 172967NB3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4848000 | PA      | $4816653.32   | 2.12%             | 2170-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2012-77 DI          | CUSIP: 38375GAJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    131492 | PA      | $3378.68      | 0.00%             | 2041-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                    | GNR 2017-68 CI          | CUSIP: 38376UT82<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    135233 | PA      | $23843.27     | 0.01%             | 2047-05-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Two Roads Shared Trust

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer