# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-039664
**Filing Date:** 2023-2
**Character Count:** 256049
**Document Hash:** abc738909e17264f2c4a14b0dc3844ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-039664.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-039664

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 23665904

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4225

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Income Plus Fund (Series ID: S000039677)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000122975 | Administrator Class | WSIDX           |
| C000122976 | Institutional Class | WSINX           |
| C000122977 | Class A             | WSIAX           |
| C000122978 | Class C             | WSICX           |

## Nport-Ex

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Asset-backed securities: 7.80%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACM Auto Trust Series 2022-1A Class C 144A | &nbsp;&nbsp;5.48% | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2029 | $&nbsp;&nbsp;&nbsp; 775000 | &nbsp;&nbsp;$758942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqua Finance Trust Series 2019-A Class A 144A | &nbsp;&nbsp;3.14 | &nbsp;&nbsp;&nbsp;&nbsp;7-16-2040 | &nbsp;&nbsp;&nbsp; 172434 | &nbsp;&nbsp;&nbsp;&nbsp; 162352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqua Finance Trust Series 2021-A Class A 144A | &nbsp;&nbsp;1.54 | &nbsp;&nbsp;&nbsp;&nbsp;7-17-2046 | &nbsp;&nbsp;&nbsp; 522414 | &nbsp;&nbsp;&nbsp;&nbsp; 477649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brean Asset-Backed Securities Trust 2021-RM2 Class A 144A±± | &nbsp;&nbsp;1.75 | &nbsp;&nbsp;10-25-2061 | &nbsp;&nbsp;&nbsp; 866357 | &nbsp;&nbsp;&nbsp;&nbsp; 756236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cajun Global LLC Series 2021-1 Class A2 144A | &nbsp;&nbsp;3.93 | &nbsp;&nbsp;11-20-2051 | &nbsp;&nbsp;&nbsp; 985000 | &nbsp;&nbsp;&nbsp;&nbsp; 834211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coinstar Funding LLC Series 2017-1A Class A2 144A | &nbsp;&nbsp;5.22 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2047 | &nbsp;&nbsp;&nbsp; 1053675 | &nbsp;&nbsp;&nbsp;&nbsp; 805890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommonBond Student Loan Trust Series 2018-CGS Class C 144A | &nbsp;&nbsp;4.35 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2046 | &nbsp;&nbsp;&nbsp; 67898 | &nbsp;&nbsp;&nbsp;&nbsp; 64363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPS Auto Receivables Trust 2021-A Class D 144A | &nbsp;&nbsp;1.16 | &nbsp;&nbsp;12-15-2026 | &nbsp;&nbsp;&nbsp; 1320000 | &nbsp;&nbsp;&nbsp;&nbsp; 1250307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRB Prime Student Loan Trust Series 2017-C Class C 144A | &nbsp;&nbsp;3.29 | &nbsp;&nbsp;11-25-2042 | &nbsp;&nbsp;&nbsp; 295202 | &nbsp;&nbsp;&nbsp;&nbsp; 268478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Driven Brands Funding LLC Series 2019-2A Class A2 144A | &nbsp;&nbsp;3.98 | &nbsp;&nbsp;10-20-2049 | &nbsp;&nbsp;&nbsp; 339500 | &nbsp;&nbsp;&nbsp;&nbsp; 299410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden Senior Loan Fund Series 2017-50A Class C (3 Month LIBOR +2.25%) 144A± | &nbsp;&nbsp;6.33 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2030 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 953952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mission Lane Master Trust Series 2021 Class A 144A | &nbsp;&nbsp;1.59 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2026 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 968441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ondeck Asset Securitization Trust Series 2021-1A Class A 144A | &nbsp;&nbsp;1.59 | &nbsp;&nbsp;&nbsp;&nbsp;5-17-2027 | &nbsp;&nbsp;&nbsp; 725000 | &nbsp;&nbsp;&nbsp;&nbsp; 662933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pagaya AI Debt Selection Trust Series 2021-3 Class B 144A | &nbsp;&nbsp;1.74 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2029 | &nbsp;&nbsp;&nbsp; 999946 | &nbsp;&nbsp;&nbsp;&nbsp; 913150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust Series 2015-C Class C 144A | &nbsp;&nbsp;4.50 | &nbsp;&nbsp;&nbsp;&nbsp;9-17-2046 | &nbsp;&nbsp;&nbsp; 290000 | &nbsp;&nbsp;&nbsp;&nbsp; 267639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program LLC Series 2017-E Class B 144A | &nbsp;&nbsp;3.49 | &nbsp;&nbsp;11-26-2040 | &nbsp;&nbsp;&nbsp; 300000 | &nbsp;&nbsp;&nbsp;&nbsp; 285035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taco Bell Funding LLC Series 2016-1A Class A23 144A | &nbsp;&nbsp;4.97 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2046 | &nbsp;&nbsp;&nbsp; 1417500 | &nbsp;&nbsp;&nbsp;&nbsp; 1359615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taco Bell Funding LLC Series 2021 Class A2 144A | &nbsp;&nbsp;1.95 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2051 | &nbsp;&nbsp;&nbsp; 782100 | &nbsp;&nbsp;&nbsp;&nbsp; 660892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust Certificates Series 2020-1 Class A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2029 | &nbsp;&nbsp;&nbsp; 213404 | &nbsp;&nbsp;&nbsp;&nbsp; 210404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wingstop Funding LLC Series 2020-1A Class A2 144A | &nbsp;&nbsp;2.84 | &nbsp;&nbsp;&nbsp;&nbsp;12-5-2050 | &nbsp;&nbsp;&nbsp; 356400 | &nbsp;&nbsp;&nbsp;&nbsp; 301187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zaxby's Funding LLC Series 2021-1A Class A2 144A | &nbsp;&nbsp;3.24 | &nbsp;&nbsp;&nbsp;&nbsp;7-30-2051 | &nbsp;&nbsp;&nbsp; 691250 | &nbsp;&nbsp;&nbsp;&nbsp; 556372 |
| &nbsp;&nbsp;**Total Asset-backed securities (Cost $14,192,207)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **12817458** |
| &nbsp;&nbsp;**Corporate bonds and notes: 20.51%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 1.78%** |  |  |  |  |
| &nbsp;&nbsp;**Diversified telecommunication services: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cablevision Lightpath LLC 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**74293** |
| &nbsp;&nbsp;**Media: 1.73%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC 144A | &nbsp;&nbsp;4.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings LLC 144A | &nbsp;&nbsp;4.63 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS Corporation 144A | &nbsp;&nbsp;5.75 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH Network Corporation 144A | 11.75 | &nbsp;&nbsp;11-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Escrow II Incorporated 144A | &nbsp;&nbsp;5.38 | &nbsp;&nbsp;11-15-2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting Incorporated 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outfront Media Capital Corporation 144A | &nbsp;&nbsp;4.63 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QVC Incorporated | &nbsp;&nbsp;4.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salem Media Group Incorporated 144A | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scripps Escrow II Incorporated 144A« | &nbsp;&nbsp;5.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436822 |

---

See accompanying consolidated notes to portfolio of investments

------

Allspring Income Plus Fund \| 1

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Media (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scripps Escrow II Incorporated 144A | &nbsp;&nbsp;5.88% | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | $&nbsp;&nbsp;&nbsp; 125000 | &nbsp;&nbsp;$111563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Townsquare Media Incorporated 144A | &nbsp;&nbsp;6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2026 | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 355001 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2845750** |
| &nbsp;&nbsp;**Consumer discretionary: 2.33%** |  |  |  |  |
| &nbsp;&nbsp;**Auto components: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings 144A | &nbsp;&nbsp;3.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2024 | &nbsp;&nbsp;&nbsp; 515000 | &nbsp;&nbsp;&nbsp;&nbsp; **526014** |
| &nbsp;&nbsp;**Diversified consumer services: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howard University | &nbsp;&nbsp;5.21 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2052 | &nbsp;&nbsp;&nbsp; 90000 | &nbsp;&nbsp;&nbsp;&nbsp; **69837** |
| &nbsp;&nbsp;**Hotels, restaurants & leisure: 1.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation 144A« | 10.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2030 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 406725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Game Technology 144A | &nbsp;&nbsp;3.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2026 | &nbsp;&nbsp;&nbsp; 350000 | &nbsp;&nbsp;&nbsp;&nbsp; 355716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited | &nbsp;&nbsp;4.25 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 496126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2026 | &nbsp;&nbsp;&nbsp; 125000 | &nbsp;&nbsp;&nbsp;&nbsp; 105156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2028 | &nbsp;&nbsp;&nbsp; 95000 | &nbsp;&nbsp;&nbsp;&nbsp; 75814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A | 11.63 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2027 | &nbsp;&nbsp;&nbsp; 300000 | &nbsp;&nbsp;&nbsp;&nbsp; 301269 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1740806** |
| &nbsp;&nbsp;**Specialty retail: 0.91%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GAP Incorporated 144A | &nbsp;&nbsp;3.88 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2031 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 697615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michaels Companies Incorporated 144A | &nbsp;&nbsp;7.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2029 | &nbsp;&nbsp;&nbsp; 210000 | &nbsp;&nbsp;&nbsp;&nbsp; 140315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NMG Holding Company Incorporated 144A | &nbsp;&nbsp;7.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2026 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 468634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rent-A-Center Incorporated 144A« | &nbsp;&nbsp;6.38 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2029 | &nbsp;&nbsp;&nbsp; 230000 | &nbsp;&nbsp;&nbsp;&nbsp; 186058 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1492622** |
| &nbsp;&nbsp;**Energy: 2.02%** |  |  |  |  |
| &nbsp;&nbsp;**Energy equipment & services: 0.72%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bristow Group Incorporated 144A | &nbsp;&nbsp;6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy Company 144A | &nbsp;&nbsp;5.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy Company 144A | &nbsp;&nbsp;6.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oceaneering International Incorporated | &nbsp;&nbsp;6.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pattern Energy Operations LP 144A | &nbsp;&nbsp;4.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268990 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1193979** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 1.30%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aethon United 144A | &nbsp;&nbsp;8.25 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Partners LP | &nbsp;&nbsp;5.85 | &nbsp;&nbsp;11-15-2043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encino Acquisition Partners Company 144A | &nbsp;&nbsp;8.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP | &nbsp;&nbsp;5.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP | &nbsp;&nbsp;5.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation | &nbsp;&nbsp;6.45 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline LLC 144A | &nbsp;&nbsp;6.88 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Company | &nbsp;&nbsp;4.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners LP 144A | &nbsp;&nbsp;6.00 | &nbsp;&nbsp;12-31-2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82149 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2131105** |
| &nbsp;&nbsp;**Financials: 6.73%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 1.58%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (U.S. SOFR +0.96%) ± | &nbsp;&nbsp;1.73 | &nbsp;&nbsp;&nbsp;&nbsp;7-22-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876116 |

---

See accompanying consolidated notes to portfolio of investments

------

2 \| Allspring Income Plus Fund

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Banks (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (3 Month LIBOR +4.55%) ± | 6.30% | &nbsp;&nbsp;12-29-2049 | $&nbsp;&nbsp;&nbsp; 265000 | &nbsp;&nbsp;$263032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Incorporated (5 Year Treasury Constant Maturity +3.42%) ʊ± | 3.88 | &nbsp;&nbsp;&nbsp;&nbsp;2-18-2026 | &nbsp;&nbsp;&nbsp; 425000 | &nbsp;&nbsp;&nbsp;&nbsp; 362313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +3.13%) ʊ± | 4.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2025 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 440625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (3 Month LIBOR +3.25%) «± | 5.15 | &nbsp;&nbsp;12-29-2049 | &nbsp;&nbsp;&nbsp; 350000 | &nbsp;&nbsp;&nbsp;&nbsp; 341688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (3 Month LIBOR +3.30%) ± | 6.00 | &nbsp;&nbsp;12-31-2049 | &nbsp;&nbsp;&nbsp; 100000 | &nbsp;&nbsp;&nbsp;&nbsp; 97810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PNC Financial Services (3 Month LIBOR +3.30%) ± | 5.00 | &nbsp;&nbsp;12-29-2049 | &nbsp;&nbsp;&nbsp; 250000 | &nbsp;&nbsp;&nbsp;&nbsp; 216124 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2597708** |
| &nbsp;&nbsp;**Capital markets: 2.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (5 Year Treasury Constant Maturity +4.97%) ʊ± | 5.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2025 | &nbsp;&nbsp;&nbsp; 750000 | &nbsp;&nbsp;&nbsp;&nbsp; 733500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group Incorporated (U.S. SOFR +1.25%) ± | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-21-2032 | &nbsp;&nbsp;&nbsp; 750000 | &nbsp;&nbsp;&nbsp;&nbsp; 581932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group Incorporated (5 Year Treasury Constant Maturity +2.97%) ʊ± | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;5-10-2026 | &nbsp;&nbsp;&nbsp; 550000 | &nbsp;&nbsp;&nbsp;&nbsp; 448086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +1.29%) ± | 2.94 | &nbsp;&nbsp;&nbsp;&nbsp;1-21-2033 | &nbsp;&nbsp;&nbsp; 1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1213467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Owl Rock Capital Corporation | 2.63 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 824931 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3801916** |
| &nbsp;&nbsp;**Consumer finance: 0.77%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash Incorporated 144A | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2030 | &nbsp;&nbsp;&nbsp; 95000 | &nbsp;&nbsp;&nbsp;&nbsp; 84556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 4.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-8-2026 | &nbsp;&nbsp;&nbsp; 175000 | &nbsp;&nbsp;&nbsp;&nbsp; 163006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 5.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-3-2029 | &nbsp;&nbsp;&nbsp; 275000 | &nbsp;&nbsp;&nbsp;&nbsp; 249025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Motors Financial Company (5 Year Treasury Constant Maturity +5.00%) ʊ± | 5.70 | &nbsp;&nbsp;&nbsp;&nbsp;9-30-2030 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 423187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2027 | &nbsp;&nbsp;&nbsp; 70000 | &nbsp;&nbsp;&nbsp;&nbsp; 61279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2033 | &nbsp;&nbsp;&nbsp; 100000 | &nbsp;&nbsp;&nbsp;&nbsp; 71239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group Incorporated 144A | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2029 | &nbsp;&nbsp;&nbsp; 265000 | &nbsp;&nbsp;&nbsp;&nbsp; 218625 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1270917** |
| &nbsp;&nbsp;**Insurance: 1.59%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadstreet Partners Incorporated 144A | 5.88 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guardian Life Insurance Company 144A | 4.85 | &nbsp;&nbsp;&nbsp;&nbsp;1-24-2077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maple Grove Funding Trust 144A | 4.16 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MetLife Incorporated | 6.40 | &nbsp;&nbsp;12-15-2066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1160520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneAmerica Financial Partners Incorporated 144A | 4.25 | &nbsp;&nbsp;10-15-2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prudential Financial Incorporated (5 Year Treasury Constant Maturity +3.04%) ± | 3.70 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227850 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2612247** |
| &nbsp;&nbsp;**Mortgage REITs: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated 144A | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**262523** |
| &nbsp;&nbsp;**Thrifts & mortgage finance: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enact Holdings Incorporated 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ladder Capital Finance Holdings LP 144A | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112745 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**505289** |

---

See accompanying consolidated notes to portfolio of investments

------

Allspring Income Plus Fund \| 3

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Health care: 0.57%** |  |  |  |  |
| &nbsp;&nbsp;**Health care providers & services: 0.57%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Methods Corporation 144A | 8.00% | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | $&nbsp;&nbsp;&nbsp; 75000 | &nbsp;&nbsp;$3750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita Incorporated 144A | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2031 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 746350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Select Medical Corporation 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2026 | &nbsp;&nbsp;&nbsp; 205000 | &nbsp;&nbsp;&nbsp;&nbsp; 194920 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **945020** |
| &nbsp;&nbsp;**Industrials: 2.74%** |  |  |  |  |
| &nbsp;&nbsp;**Aerospace & defense: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit AeroSystems Incorporated 144A | 9.38 | &nbsp;&nbsp;11-30-2029 | &nbsp;&nbsp;&nbsp; 250000 | &nbsp;&nbsp;&nbsp;&nbsp; **263175** |
| &nbsp;&nbsp;**Airlines: 0.93%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines Incorporated 144A | 4.75 | &nbsp;&nbsp;10-20-2028 | &nbsp;&nbsp;&nbsp; 150000 | &nbsp;&nbsp;&nbsp;&nbsp; 140996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines Pass-Through Certificates Series 2015-B | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2025 | &nbsp;&nbsp;&nbsp; 425407 | &nbsp;&nbsp;&nbsp;&nbsp; 416999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-20-2027 | &nbsp;&nbsp;&nbsp; 675044 | &nbsp;&nbsp;&nbsp;&nbsp; 671130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Loyalty Cayman Limited 144A | 8.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2025 | &nbsp;&nbsp;&nbsp; 300000 | &nbsp;&nbsp;&nbsp;&nbsp; 300966 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1530091** |
| &nbsp;&nbsp;**Commercial services & supplies: 0.86%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC 144A | 6.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2029 | &nbsp;&nbsp;&nbsp; 650000 | &nbsp;&nbsp;&nbsp;&nbsp; 471744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreCivic Incorporated « | 8.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2026 | &nbsp;&nbsp;&nbsp; 910000 | &nbsp;&nbsp;&nbsp;&nbsp; 933205 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1404949** |
| &nbsp;&nbsp;**Industrial conglomerates: 0.60%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Electric Company (3 Month LIBOR +3.33%) ± | 8.10 | &nbsp;&nbsp;12-29-2049 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; **982443** |
| &nbsp;&nbsp;**Machinery: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TK Elevator US Newco Incorporated 144A | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp; 95000 | &nbsp;&nbsp;&nbsp;&nbsp; **84316** |
| &nbsp;&nbsp;**Trading companies & distributors: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Transportation & Infrastructure Investors LLC 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**85311** |
| &nbsp;&nbsp;**Transportation infrastructure: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toll Road Investors Partnership II LP 144A¤ | 0.00 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**147699** |
| &nbsp;&nbsp;**Information technology: 0.92%** |  |  |  |  |
| &nbsp;&nbsp;**Communications equipment: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommScope Technologies LLC 144A | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**135840** |
| &nbsp;&nbsp;**IT services: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL Incorporated 144A | 9.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**134477** |
| &nbsp;&nbsp;**Software: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPH Acquisition Holdings LLC 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPH Acquisition Holdings LLC 144A« | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | 6.90 | &nbsp;&nbsp;&nbsp;&nbsp;11-9-2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802368 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1234667** |
| &nbsp;&nbsp;**Materials: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 0.39%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westlake Chemical Corporation | 1.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-17-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**647825** |

---

See accompanying consolidated notes to portfolio of investments

------

4 \| Allspring Income Plus Fund

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Containers & packaging: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings Incorporated 144A | 8.75% | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2030 | $&nbsp;&nbsp;&nbsp; 300000 | &nbsp;&nbsp;**$256791** |
| &nbsp;&nbsp;**Real estate: 1.13%** |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 1.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brandywine Operating Partnership Series 3 | 7.55 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2028 | &nbsp;&nbsp;&nbsp; 185000 | &nbsp;&nbsp;&nbsp;&nbsp; 181426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EPR Properties | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2029 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 391476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GLP Capital LP | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2031 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 857800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group LP | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2050 | &nbsp;&nbsp;&nbsp; 120000 | &nbsp;&nbsp;&nbsp;&nbsp; 87126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WEA Finance LLC 144A | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;9-17-2044 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 345721 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1863549** |
| &nbsp;&nbsp;**Utilities: 1.74%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 1.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation | 3.10 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2028 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 200307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation | 3.85 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2034 | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 395609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy Incorporated 144A | 4.45 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2029 | &nbsp;&nbsp;&nbsp; 1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1326522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oglethorpe Power Corporation | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2046 | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 292878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Southern Company (5 Year Treasury Constant Maturity +3.73%) ± | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2051 | &nbsp;&nbsp;&nbsp; 330000 | &nbsp;&nbsp;&nbsp;&nbsp; 300300 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2515616** |
| &nbsp;&nbsp;**Independent power & renewable electricity<br> producers: 0.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NSG Holdings LLC 144A« | 7.75 | &nbsp;&nbsp;12-15-2025 | &nbsp;&nbsp;&nbsp; 25430 | &nbsp;&nbsp;&nbsp;&nbsp; 24603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TerraForm Power Operating LLC 144A | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2030 | &nbsp;&nbsp;&nbsp; 369000 | &nbsp;&nbsp;&nbsp;&nbsp; 321029 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **345632** |
| &nbsp;&nbsp;**Total Corporate bonds and notes (Cost $38,129,986)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **33702407** |
| &nbsp;&nbsp;**Foreign corporate bonds and notes : 6.50%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;**Media: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SES SA Company (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +3.19%) ʊ± | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;5-27-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tele Columbus AG 144A | 3.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-2-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ziggo Bond Company BV 144A | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;2-28-2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230478 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1127786** |
| &nbsp;&nbsp;**Consumer discretionary: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;**Auto components: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adler Pelzer Holding GmbH 144A | 4.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**725876** |
| &nbsp;&nbsp;**Automobiles: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peugeot SA Company | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**514993** |
| &nbsp;&nbsp;**Consumer staples: 1.33%** |  |  |  |  |
| &nbsp;&nbsp;**Food & staples retailing: 0.70%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casino Guichard Perracho SA | 3.58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-7-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iceland Bondco plc 144A | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;864399 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1149567** |

---

See accompanying consolidated notes to portfolio of investments

------

Allspring Income Plus Fund \| 5

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Food products: 0.23%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sigma Holdings Company BV 144A | 5.75% | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2026 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;**$382686** |
| &nbsp;&nbsp;**Tobacco: 0.40%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAT International Finance plc | 2.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-16-2030 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 750000 | &nbsp;&nbsp;&nbsp;&nbsp; **651555** |
| &nbsp;&nbsp;**Energy: 0.45%** |  |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.45%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eni SpA | 1.13 | &nbsp;&nbsp;&nbsp;&nbsp;9-19-2028 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 800000 | &nbsp;&nbsp;&nbsp;&nbsp; **732064** |
| &nbsp;&nbsp;**Financials: 2.01%** |  |  |  |  |  |
| &nbsp;&nbsp;**Banks: 1.23%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABN AMRO Bank NV (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +3.90%) ± | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;9-22-2027 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 453592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asian Development Bank | 6.20 | &nbsp;&nbsp;&nbsp;&nbsp;10-6-2026 | &nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp; 18450000 | &nbsp;&nbsp;&nbsp;&nbsp; 216257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caixa Geral de Depositos SA (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +5.50%) ± | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;6-28-2028 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 426073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permanent TSB Group (EUR Swap Annual (vs. 6 Month EURIBOR) 1 Year +2.55%) ± | 2.13 | &nbsp;&nbsp;&nbsp;&nbsp;9-26-2024 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 600000 | &nbsp;&nbsp;&nbsp;&nbsp; 614651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raiffeisen Bank International AG (EURIBOR ICE Swap Rate 11:00am +1.60%) ± | 1.38 | &nbsp;&nbsp;&nbsp;&nbsp;6-17-2033 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 301950 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2012523** |
| &nbsp;&nbsp;**Capital markets: 0.32%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Finance Corporation | 6.30 | &nbsp;&nbsp;11-25-2024 | &nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp; 45000000 | &nbsp;&nbsp;&nbsp;&nbsp; **533418** |
| &nbsp;&nbsp;**Consumer finance: 0.24%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cellnex Finance Company SA | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2032 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; **396453** |
| &nbsp;&nbsp;**Thrifts & mortgage finance: 0.22%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Pfandbriefbank AG (EURIBOR ICE Swap Rate 11:00am +2.75%) ± | 4.68 | &nbsp;&nbsp;&nbsp;&nbsp;6-28-2027 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; **364274** |
| &nbsp;&nbsp;**Industrials: 0.62%** |  |  |  |  |  |
| &nbsp;&nbsp;**Commercial services & supplies: 0.24%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prosegur Cash SA | 1.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-4-2026 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; **391578** |
| &nbsp;&nbsp;**Containers & packaging: 0.25%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Can-Pack SA 144A | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2027 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**420044** |
| &nbsp;&nbsp;**Electrical equipment: 0.13%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gamma Bidco SpA 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**208041** |
| &nbsp;&nbsp;**Real estate: 0.65%** |  |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 0.49%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aedas Homes Opco SLU 144A | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2026 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unibail-Rodamco-Westfield SE (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +1.68%) ʊ± | 2.13 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2023 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361675 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**811264** |
| &nbsp;&nbsp;**Real estate management & development: 0.16%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akelius Residential Property AB (EURIBOR ICE Swap Rate 11:00am +3.49%) ± | 3.88 | &nbsp;&nbsp;&nbsp;&nbsp;10-5-2078 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**257591** |
| &nbsp;&nbsp;**Total Foreign corporate bonds and notes (Cost $13,498,552)** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10679713** |

---

See accompanying consolidated notes to portfolio of investments

------

6 \| Allspring Income Plus Fund

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Foreign government bonds : 3.79%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil ¤ | 0.00% | &nbsp;&nbsp;&nbsp;&nbsp;1-1-2024 | &nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp; 7000000 | &nbsp;&nbsp;$1170035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil ¤ | 0.00 | &nbsp;&nbsp;&nbsp;&nbsp;7-1-2024 | &nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp; 8000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1263331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chile | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;3-1-2026 | &nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp; 1045000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1196838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | 1.70 | &nbsp;&nbsp;8-15-2032 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1600000 | &nbsp;&nbsp;&nbsp;&nbsp; 1596597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indonesia | 6.50 | &nbsp;&nbsp;6-15-2025 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;13500000000 | &nbsp;&nbsp;&nbsp;&nbsp; 874540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russia (Acquired 3-13-2020, cost $270,927) †> | 6.50 | &nbsp;&nbsp;2-28-2024 | &nbsp;&nbsp;RUB | &nbsp;&nbsp;&nbsp; 35000000 | &nbsp;&nbsp;&nbsp;&nbsp; 128136 |
| &nbsp;&nbsp;**Total Foreign government bonds (Cost $7,040,982)** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **6229477** |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** |  |
| &nbsp;&nbsp;**Investment companies: 1.85%** |  |  |
| &nbsp;&nbsp;**Exchange-traded funds: 1.85%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invesco Taxable Municipal Bond ETF « | &nbsp;&nbsp;&nbsp; 30600 | &nbsp;&nbsp;&nbsp;&nbsp; 786726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VanEck Vectors JPMorgan Emerging Markets Local Currency Bond ETF | &nbsp;&nbsp;&nbsp; 92700 | &nbsp;&nbsp;&nbsp;&nbsp; 2246121 |
| &nbsp;&nbsp;**Total Investment companies (Cost $3,787,175)** |  | &nbsp;&nbsp;&nbsp;&nbsp; **3032847** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  | &nbsp;&nbsp;**Principal** |  |
| &nbsp;&nbsp;**Loans: 2.19%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;**Media: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating LLC (1 Month LIBOR +1.75%) ± | 4.39 | &nbsp;&nbsp;4-30-2025 | $&nbsp;&nbsp;&nbsp; 478589 | &nbsp;&nbsp;&nbsp;&nbsp; 475373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Financing LLC (1 Month LIBOR +5.00%) ± | 9.38 | &nbsp;&nbsp;&nbsp;&nbsp;8-2-2027 | &nbsp;&nbsp;&nbsp; 355000 | &nbsp;&nbsp;&nbsp;&nbsp; 344868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Television Incorporated (3 Month LIBOR +2.50%) ± | 4.12 | &nbsp;&nbsp;&nbsp;&nbsp;1-2-2026 | &nbsp;&nbsp;&nbsp; 84964 | &nbsp;&nbsp;&nbsp;&nbsp; 82545 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **902786** |
| &nbsp;&nbsp;**Energy: 0.46%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AL NGPL Holdings LLC (1 Month LIBOR +3.75%) ± | 7.53 | &nbsp;&nbsp;4-14-2028 | &nbsp;&nbsp;&nbsp; 364033 | &nbsp;&nbsp;&nbsp;&nbsp; 358937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GIP II Blue Holdings LP (1 Month LIBOR +4.50%) ± | 9.23 | &nbsp;&nbsp;9-29-2028 | &nbsp;&nbsp;&nbsp; 394558 | &nbsp;&nbsp;&nbsp;&nbsp; 390529 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **749466** |
| &nbsp;&nbsp;**Financials: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;**Insurance: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion LLC (1 Month LIBOR +5.25%) ± | 9.63 | &nbsp;&nbsp;1-31-2028 | &nbsp;&nbsp;&nbsp; 75000 | &nbsp;&nbsp;&nbsp;&nbsp; **58187** |
| &nbsp;&nbsp;**Health care: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;**Health care equipment & supplies: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Surgery Center Holdings Incorporated (1 Month LIBOR +3.75%) ± | 8.05 | &nbsp;&nbsp;8-31-2026 | &nbsp;&nbsp;&nbsp; 139020 | &nbsp;&nbsp;&nbsp;&nbsp; **137093** |

---

See accompanying consolidated notes to portfolio of investments

------

Allspring Income Plus Fund \| 7

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Industrials: 1.02%** |  |  |  |  |
| &nbsp;&nbsp;**Airlines: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AAdvantage Loyalty IP Limited (1 Month LIBOR +4.75%) 144A± | &nbsp;&nbsp;8.99% | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2028 | $&nbsp;&nbsp;&nbsp; 266000 | &nbsp;&nbsp;$264545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC (1 Month LIBOR +5.25%) ± | 10.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-21-2027 | &nbsp;&nbsp;&nbsp; 607500 | &nbsp;&nbsp;&nbsp;&nbsp; 624054 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **888599** |
| &nbsp;&nbsp;**Commercial services & supplies: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Geo Group Incorporated (U.S. SOFR 1 Month +7.13%) ± | 11.45 | &nbsp;&nbsp;&nbsp;&nbsp;3-23-2027 | &nbsp;&nbsp;&nbsp; 515705 | &nbsp;&nbsp;&nbsp;&nbsp; **515385** |
| &nbsp;&nbsp;**Machinery: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertical US Newco Incorporated (6 Month LIBOR +3.50%) ± | &nbsp;&nbsp;6.87 | &nbsp;&nbsp;&nbsp;&nbsp;7-30-2027 | &nbsp;&nbsp;&nbsp; 87784 | &nbsp;&nbsp;&nbsp;&nbsp; 84328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Werner FinCo LP (3 Month LIBOR +4.00%) ± | &nbsp;&nbsp;8.73 | &nbsp;&nbsp;&nbsp;&nbsp;7-24-2024 | &nbsp;&nbsp;&nbsp; 203385 | &nbsp;&nbsp;&nbsp;&nbsp; 182369 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **266697** |
| &nbsp;&nbsp;**Information technology: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;**Software: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPH Acquisition Holdings LLC (1 Month LIBOR +4.25%) ± | &nbsp;&nbsp;4.73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2028 | &nbsp;&nbsp;&nbsp; 98997 | &nbsp;&nbsp;&nbsp;&nbsp; **84148** |
| &nbsp;&nbsp;**Total Loans (Cost $3,649,520)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3602361** |
| &nbsp;&nbsp;**Municipal obligations: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;**Illinois: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;**GO revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago IL Refunding Bonds Taxable Project Series E | &nbsp;&nbsp;6.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2029 | &nbsp;&nbsp;&nbsp; 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago IL Refunding Bonds Taxable Project Series E | &nbsp;&nbsp;6.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2029 | &nbsp;&nbsp;&nbsp; 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 39501 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **44501** |
| &nbsp;&nbsp;**Kansas: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;**Health revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kansas Development Finance Authority Village Shalom Project Series 2018-B | &nbsp;&nbsp;4.00 | &nbsp;&nbsp;11-15-2025 | &nbsp;&nbsp;&nbsp; 25000 | &nbsp;&nbsp;&nbsp;&nbsp; **23247** |
| &nbsp;&nbsp;**Maryland: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maryland Health & HEFAR Green Street Academy Series B 144A | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**64719** |
| &nbsp;&nbsp;**Total Municipal obligations (Cost $134,409)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**132467** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities: 16.37%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Achieve Mortgage Series 2022-HE1 Class A 144A±± | &nbsp;&nbsp;7.00 | &nbsp;&nbsp;10-25-2037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affirm Incorporated Series 2021-B Class A 144A | &nbsp;&nbsp;1.03 | &nbsp;&nbsp;&nbsp;&nbsp;8-17-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AFN LLC Series 2019-1A Class A2 144A | &nbsp;&nbsp;4.46 | &nbsp;&nbsp;&nbsp;&nbsp;5-20-2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APEX Credit CLO LLC Series 2017 Class 2A (3 Month LIBOR +1.60%) 144A± | &nbsp;&nbsp;6.35 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959276 |

---

See accompanying consolidated notes to portfolio of investments

------

8 \| Allspring Income Plus Fund

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO Series 2019 Class 3-1-A (3 Month LIBOR +3.10%) 144A± | 7.18% | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2031 | $&nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;$468403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BB-UBS Trust Series 2012-TFT Class C 144A±± | 3.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-5-2030 | &nbsp;&nbsp;&nbsp; 150000 | &nbsp;&nbsp;&nbsp;&nbsp; 128242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bojangles Issuer LLC Series 2020-1A Class A2 144A | 3.83 | &nbsp;&nbsp;10-20-2050 | &nbsp;&nbsp;&nbsp; 699713 | &nbsp;&nbsp;&nbsp;&nbsp; 627314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brightspire Capital Incorporated Series 2021-FL1 Class A (1 Month LIBOR +1.15%) 144A± | 5.49 | &nbsp;&nbsp;&nbsp;&nbsp;8-19-2038 | &nbsp;&nbsp;&nbsp; 1065000 | &nbsp;&nbsp;&nbsp;&nbsp; 1026833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BX Trust Series 2019-11 Class D 144A±± | 3.94 | &nbsp;&nbsp;&nbsp;&nbsp;12-9-2041 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 398458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BX Trust Series 2021-ARIA Class D (1 Month LIBOR +1.90%) 144A± | 6.21 | &nbsp;&nbsp;10-15-2036 | &nbsp;&nbsp;&nbsp; 550000 | &nbsp;&nbsp;&nbsp;&nbsp; 508621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BX Trust Series 2022 Class C 144A | 6.79 | &nbsp;&nbsp;10-13-2027 | &nbsp;&nbsp;&nbsp; 750000 | &nbsp;&nbsp;&nbsp;&nbsp; 730966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Series 2016-1A Class R2 (3 Month LIBOR +3.35%) 144A± | 7.59 | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2034 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 870523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle Global Market Series 2017-2A Class R2 (3 Month LIBOR +1.60%) 144A± | 5.84 | &nbsp;&nbsp;&nbsp;&nbsp;7-20-2031 | &nbsp;&nbsp;&nbsp; 750000 | &nbsp;&nbsp;&nbsp;&nbsp; 721468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2021-HB7 Class M2 144A±± | 2.68 | &nbsp;&nbsp;10-27-2031 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 913804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CFCRE Commercial Mortgage Trust Series 2016-C7 Class AM | 4.16 | &nbsp;&nbsp;12-10-2054 | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 364980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIFC Funding Limited Series 2018-1A Class B (3 Month LIBOR +1.40%) 144A± | 5.59 | &nbsp;&nbsp;&nbsp;&nbsp;4-18-2031 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 964750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colt Funding LLC Series 2022-7 Class A1 144Aøø | 5.16 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2067 | &nbsp;&nbsp;&nbsp; 474485 | &nbsp;&nbsp;&nbsp;&nbsp; 465960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foundation Finance Trust Series 2019-1A Class A 144A | 3.86 | &nbsp;&nbsp;11-15-2034 | &nbsp;&nbsp;&nbsp; 163045 | &nbsp;&nbsp;&nbsp;&nbsp; 159661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FREMF Mortgage Trust Series 2017-K724 Class B 144A±± | 3.50 | &nbsp;&nbsp;12-25-2049 | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 390643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FREMF Mortgage Trust Series 2020-KF76 Class B (1 Month LIBOR +2.75%) 144A± | 6.89 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2030 | &nbsp;&nbsp;&nbsp; 260640 | &nbsp;&nbsp;&nbsp;&nbsp; 246874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FS Rialto Issuer Limited Series 2021-FL3 Class B (1 Month LIBOR +1.80%) 144A± | 6.13 | &nbsp;&nbsp;11-16-2036 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 936208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Mortgage Security Trust Series 2018-LUAU Class B (1 Month LIBOR +1.40%) 144A± | 5.72 | &nbsp;&nbsp;11-15-2032 | &nbsp;&nbsp;&nbsp; 1600000 | &nbsp;&nbsp;&nbsp;&nbsp; 1547737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gracie Point International Funding Series 2022-2A Class A (30 Day Average U.S. SOFR +2.75%) 144A± | 6.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2024 | &nbsp;&nbsp;&nbsp; 595000 | &nbsp;&nbsp;&nbsp;&nbsp; 595087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperial Fund Mortgage Trust Series 2022-NQM3 Class A3 144A±± | 4.46 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2067 | &nbsp;&nbsp;&nbsp; 1130000 | &nbsp;&nbsp;&nbsp;&nbsp; 930704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jonah Energy LLC Series 2022-1 Class A1 144A | 7.20 | &nbsp;&nbsp;12-10-2037 | &nbsp;&nbsp;&nbsp; 671300 | &nbsp;&nbsp;&nbsp;&nbsp; 665887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company Series 2017-6 Class B 144A±± | 3.78 | &nbsp;&nbsp;12-25-2048 | &nbsp;&nbsp;&nbsp; 446253 | &nbsp;&nbsp;&nbsp;&nbsp; 319160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Longtrain Leasing III LLC Series 2015-1A Class A2 144A | 4.06 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2045 | &nbsp;&nbsp;&nbsp; 1555563 | &nbsp;&nbsp;&nbsp;&nbsp; 1440036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding Limited Series 2018-29A Class B (3 Month LIBOR +1.75%) 144A± | 5.94 | &nbsp;&nbsp;10-18-2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MED Trust Series 2021-MDLN Class B (1 Month LIBOR +1.45%) 144A± | 5.77 | &nbsp;&nbsp;11-15-2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;952351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MF1 Multifamily Housing Mortgage Loan Trust Series 2021-FL7 Class C (1 Month LIBOR +2.05%) 144A± | 6.39 | &nbsp;&nbsp;10-16-2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MF1 Multifamily Housing Mortgage Series 2022-FL8 Class A (30 Day Average U.S. SOFR +1.35%) 144A± | 5.18 | &nbsp;&nbsp;&nbsp;&nbsp;2-19-2037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MFRA Trust Series 2020-NQM3 Class M1 144A±± | 2.65 | &nbsp;&nbsp;&nbsp;&nbsp;1-26-2065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MFRA Trust Series 2021-NQM1 Class A1 144A±± | 1.15 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89757 |

---

See accompanying consolidated notes to portfolio of investments

------

Allspring Income Plus Fund \| 9

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neuberger Berman CLO Limited Series 2017-25A Class BR (3 Month LIBOR +1.35%) 144A± | 5.54% | &nbsp;&nbsp;10-18-2029 | $&nbsp;&nbsp;&nbsp; 250000 | &nbsp;&nbsp;$241116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octane Receivables Trust Series 2020-1A Class B 144A | 1.98 | &nbsp;&nbsp;&nbsp;&nbsp;6-20-2025 | &nbsp;&nbsp;&nbsp; 765000 | &nbsp;&nbsp;&nbsp;&nbsp; 739591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oxford Finance Funding Trust Series 2019-1A Class A2 144A | 4.46 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2027 | &nbsp;&nbsp;&nbsp; 265835 | &nbsp;&nbsp;&nbsp;&nbsp; 263732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Residential Mortgage Loan Trust Series 2019-3 Class A3 144A±± | 3.04 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2059 | &nbsp;&nbsp;&nbsp; 169724 | &nbsp;&nbsp;&nbsp;&nbsp; 164130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE Class D 144A±± | 4.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-5-2043 | &nbsp;&nbsp;&nbsp; 700000 | &nbsp;&nbsp;&nbsp;&nbsp; 365223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRK Toorak Mortgage Corporation Series 2021-INV2 Class A2 144A±± | 2.12 | &nbsp;&nbsp;11-25-2056 | &nbsp;&nbsp;&nbsp; 873625 | &nbsp;&nbsp;&nbsp;&nbsp; 711906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-2 Class A1 144A±± | 1.03 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2066 | &nbsp;&nbsp;&nbsp; 99409 | &nbsp;&nbsp;&nbsp;&nbsp; 82550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-8 Class A2 144A±± | 2.29 | &nbsp;&nbsp;11-25-2066 | &nbsp;&nbsp;&nbsp; 1220249 | &nbsp;&nbsp;&nbsp;&nbsp; 1015732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-R3 Class A2 144A±± | 1.28 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2064 | &nbsp;&nbsp;&nbsp; 398934 | &nbsp;&nbsp;&nbsp;&nbsp; 345382 |
| &nbsp;&nbsp;**Total Non-agency mortgage-backed securities (Cost $29,241,425)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **26896199** |
| &nbsp;&nbsp;**U.S. Treasury securities: 21.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bond | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2051 | &nbsp;&nbsp;&nbsp; 45000 | &nbsp;&nbsp;&nbsp;&nbsp; 29464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bond | 2.25 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2052 | &nbsp;&nbsp;&nbsp; 2985000 | &nbsp;&nbsp;&nbsp;&nbsp; 2075739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bond | 3.00 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2049 | &nbsp;&nbsp;&nbsp; 150000 | &nbsp;&nbsp;&nbsp;&nbsp; 123527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bond | 3.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2052 | &nbsp;&nbsp;&nbsp; 985000 | &nbsp;&nbsp;&nbsp;&nbsp; 811548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-31-2023 | &nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2994593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-31-2024 | &nbsp;&nbsp;&nbsp; 9965000 | &nbsp;&nbsp;&nbsp;&nbsp; 9667996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4821484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2027 | &nbsp;&nbsp;&nbsp; 4245000 | &nbsp;&nbsp;&nbsp;&nbsp; 4022801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2032 | &nbsp;&nbsp;&nbsp; 5440000 | &nbsp;&nbsp;&nbsp;&nbsp; 4953800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 3.13 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2027 | &nbsp;&nbsp;&nbsp; 1935000 | &nbsp;&nbsp;&nbsp;&nbsp; 1861077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2042 | &nbsp;&nbsp;&nbsp; 565000 | &nbsp;&nbsp;&nbsp;&nbsp; 495346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 3.88 | &nbsp;&nbsp;11-30-2027 | &nbsp;&nbsp;&nbsp; 185000 | &nbsp;&nbsp;&nbsp;&nbsp; 183988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 4.13 | &nbsp;&nbsp;10-31-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 4.13 | &nbsp;&nbsp;11-15-2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3357342 |
| &nbsp;&nbsp;**Total U.S. Treasury securities (Cost $36,851,199)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35639586** |
| &nbsp;&nbsp;**Yankee corporate bonds and notes: 9.47%** |  |  |  |  |
| &nbsp;&nbsp;**Consumer discretionary: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;**Internet & direct marketing retail: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prosus NV 144A | 4.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-3-2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**311913** |
| &nbsp;&nbsp;**Consumer staples: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;**Beverages: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Icecek AS 144A | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-20-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**869076** |
| &nbsp;&nbsp;**Energy: 1.06%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 1.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BP Capital Markets plc (5 Year Treasury Constant Maturity +4.40%) ʊ± | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;3-22-2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comision Federal de Electricidad SA de CV 144A | 3.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-9-2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156106 |

---

See accompanying consolidated notes to portfolio of investments

------

10 \| Allspring Income Plus Fund

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enbridge Incorporated (5 Year Treasury Constant Maturity +5.31%) ± | 5.75% | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2080 | $&nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;$904218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NorthRiver Midstream Finance LP 144A | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;&nbsp; 220000 | &nbsp;&nbsp;&nbsp;&nbsp; 208357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos | 6.70 | &nbsp;&nbsp;&nbsp;&nbsp;2-16-2032 | &nbsp;&nbsp;&nbsp; 250000 | &nbsp;&nbsp;&nbsp;&nbsp; 196312 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1749368** |
| &nbsp;&nbsp;**Financials: 6.42%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 4.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;African Export Import Bank 144A | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;5-17-2031 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 165360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco de Bogota SA 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;5-12-2026 | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 392036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco do Brasil SA 144A | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;1-11-2029 | &nbsp;&nbsp;&nbsp; 375000 | &nbsp;&nbsp;&nbsp;&nbsp; 349623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte SA (5 Year Treasury Constant Maturity +4.64%) 144Aʊ± | 5.88 | &nbsp;&nbsp;&nbsp;&nbsp;1-24-2027 | &nbsp;&nbsp;&nbsp; 750000 | &nbsp;&nbsp;&nbsp;&nbsp; 668284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA (USD Swap Semi Annual (vs. 3 Month LIBOR) 5 Year +6.19%) 144Aʊ± | 8.13 | &nbsp;&nbsp;12-29-2049 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1012400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG (USD ICE Swap Rate 11:00am NY 5 Year +2.55%) ± | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2032 | &nbsp;&nbsp;&nbsp; 275000 | &nbsp;&nbsp;&nbsp;&nbsp; 229850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc (3 Month LIBOR +1.61%) ± | 3.97 | &nbsp;&nbsp;&nbsp;&nbsp;5-22-2030 | &nbsp;&nbsp;&nbsp; 590000 | &nbsp;&nbsp;&nbsp;&nbsp; 516418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc (U.S. SOFR +2.87%) ± | 5.40 | &nbsp;&nbsp;&nbsp;&nbsp;8-11-2033 | &nbsp;&nbsp;&nbsp; 390000 | &nbsp;&nbsp;&nbsp;&nbsp; 361149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo SpA 144A | 5.71 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2026 | &nbsp;&nbsp;&nbsp; 635000 | &nbsp;&nbsp;&nbsp;&nbsp; 610235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Itau Unibanco Holding SA 144A | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-24-2025 | &nbsp;&nbsp;&nbsp; 800000 | &nbsp;&nbsp;&nbsp;&nbsp; 773112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NatWest Group plc (5 Year Treasury Constant Maturity +5.63%) ʊ± | 6.00 | &nbsp;&nbsp;12-29-2025 | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 369379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Societe Generale SA (1 Year Treasury Constant Maturity +3.20%) 144A± | 6.22 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2033 | &nbsp;&nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 935285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unicredit SpA (5 Year Treasury Constant Maturity +4.75%) 144A± | 5.46 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2035 | &nbsp;&nbsp;&nbsp; 600000 | &nbsp;&nbsp;&nbsp;&nbsp; 487469 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **6870600** |
| &nbsp;&nbsp;**Capital markets: 1.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CI Financial Corporation | 4.10 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2051 | &nbsp;&nbsp;&nbsp; 780000 | &nbsp;&nbsp;&nbsp;&nbsp; 459707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG (U.S. SOFR +5.02%) 144A± | 9.02 | &nbsp;&nbsp;11-15-2033 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 511934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG (U.S. SOFR +0.98%) 144A± | 1.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-2-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG (5 Year Treasury Constant Maturity +4.89%) 144Aʊ± | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;2-11-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MacQuarie Group Limited (U.S. SOFR +2.21%) 144A«± | 5.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-9-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG (5 Year Treasury Constant Maturity +3.40%) 144Aʊ± | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;2-12-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169500 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2515546** |
| &nbsp;&nbsp;**Consumer finance: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unifin Financiera SAB de CV 144A | 9.88 | &nbsp;&nbsp;&nbsp;&nbsp;1-28-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15000** |
| &nbsp;&nbsp;**Diversified financial services: 0.25%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Castlelake Aviation Finance 144A | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Doric Nimrod Air Alpha Pass-Through Trust Certificates Series 2013-1 Class A 144A | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;5-30-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315088 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**406455** |
| &nbsp;&nbsp;**Insurance: 0.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swiss Re Finance (Luxembourg) SA (5 Year Treasury Constant Maturity +3.58%) 144A± | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-2-2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**736592** |

---

See accompanying consolidated notes to portfolio of investments

------

Allspring Income Plus Fund \| 11

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Health care: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;**Pharmaceuticals: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health Companies Incorporated 144A | &nbsp;&nbsp;5.25% | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2030 | $&nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;**$191864** |
| &nbsp;&nbsp;**Industrials: 0.76%** |  |  |  |  |
| &nbsp;&nbsp;**Airlines: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Canada Pass-Through Trust Series 2020-1 Class C 144A | 10.50 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 507566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VistaJet Malta Finance PLC 144A | &nbsp;&nbsp;6.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2030 | &nbsp;&nbsp;&nbsp; 520000 | &nbsp;&nbsp;&nbsp;&nbsp; 416949 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **924515** |
| &nbsp;&nbsp;**Trading companies & distributors: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fly Leasing Limited 144A | &nbsp;&nbsp;7.00 | &nbsp;&nbsp;10-15-2024 | &nbsp;&nbsp;&nbsp; 420000 | &nbsp;&nbsp;&nbsp;&nbsp; **327607** |
| &nbsp;&nbsp;**Materials: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yara International 144A | &nbsp;&nbsp;7.38 | &nbsp;&nbsp;11-14-2032 | &nbsp;&nbsp;&nbsp; 250000 | &nbsp;&nbsp;&nbsp;&nbsp; **260798** |
| &nbsp;&nbsp;**Utilities: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comision Federal de Electricidad SA de CV 144A | &nbsp;&nbsp;3.88 | &nbsp;&nbsp;&nbsp;&nbsp;7-26-2033 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; **378183** |
| &nbsp;&nbsp;**Total Yankee corporate bonds and notes (Cost $18,127,620)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **15557517** |
| &nbsp;&nbsp;**Yankee government bonds: 1.87%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Bahamas 144A | &nbsp;&nbsp;6.00 | &nbsp;&nbsp;11-21-2028 | &nbsp;&nbsp;&nbsp; 785000 | &nbsp;&nbsp;&nbsp;&nbsp; 599131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominican Republic 144A | &nbsp;&nbsp;4.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2030 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 170264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominican Republic 144A | &nbsp;&nbsp;4.88 | &nbsp;&nbsp;&nbsp;&nbsp;9-23-2032 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 166012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominican Republic 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-22-2029 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 184022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Government of Bermuda 144A | &nbsp;&nbsp;5.00 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2032 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 198631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mongolia Government | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2023 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 192080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nota Do Tesouro Nacional | 10.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provincia de Cordoba 144Aøø | &nbsp;&nbsp;6.88 | &nbsp;&nbsp;12-10-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provincia de Cordoba (PIK at 6.88%) 144A¥ | &nbsp;&nbsp;6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;557619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provincia de Santa Fe | &nbsp;&nbsp;7.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-23-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sultanate of Oman 144A | &nbsp;&nbsp;6.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301652 |
| &nbsp;&nbsp;**Total Yankee government bonds (Cost $3,411,614)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3063726** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** | &nbsp;&nbsp;**Shares** |  |
| &nbsp;&nbsp;**Short-term investments: 6.55%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 6.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞\* |  | 4.09 | &nbsp;&nbsp;&nbsp; 7894544 | &nbsp;&nbsp;&nbsp;&nbsp; 7894544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC ♠∩∞ |  | 4.36 | &nbsp;&nbsp;&nbsp; 2863548 | &nbsp;&nbsp;&nbsp;&nbsp; 2863548 |
| &nbsp;&nbsp;**Total Short-term investments (Cost $10,758,092)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **10758092** |
| &nbsp;&nbsp;**Total investments in securities (Cost $178,822,781)** | &nbsp;&nbsp;98.67% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;162111850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;&nbsp;1.33 |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2178875 |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$164290725** |

---

See accompanying consolidated notes to portfolio of investments

------

12 \| Allspring Income Plus Fund

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

---

| |
|:---|
| The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of 1933. |
| The coupon of the security is adjusted based on the principal and/or interest payments received from the underlying pool of mortgages as well as the credit quality and the actual prepayment speed of the underlying mortgages. The rate shown is the rate in effect at period end. |
| Variable rate investment. The rate shown is the rate in effect at period end. |
| The security is issued in zero coupon form with no periodic interest payments. |
| Non-income-earning security |
| Restricted security as to resale, excluding Rule 144A securities. The Fund held restricted securities with an aggregate current value of $128,136 (original aggregate cost of $270,927), representing 0.08% of its net assets as of period end. |
| The interest rate is determined and reset by the issuer periodically depending upon the terms of the security. The rate shown is the rate in effect at period end. |
| ¥A payment-in-kind (PIK) security is a security in which the issuer may make interest or dividend payments in cash or additional securities or a combination of both. The rate shown is the rate in effect at period end. |
| A portion of the holding represents an investment held in Strategic Income Special Investment (Cayman) Ltd., the consolidated subsidiary. |
| All or a portion of this security is on loan. |
| The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| The investment is a non-registered investment company purchased with cash collateral received from securities on loan. |
| The rate represents the 7-day annualized yield at period end. |
| Security is perpetual in nature and has no stated maturity date. The date shown reflects the next call date. |

---

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| BRL | &nbsp;&nbsp;&nbsp;Brazilian real |
| CLP | &nbsp;&nbsp;&nbsp;Chile Peso |
| EUR | &nbsp;&nbsp;&nbsp;Euro |
| EURIBOR | &nbsp;&nbsp;&nbsp;Euro Interbank Offered Rate |
| GBP | &nbsp;&nbsp;&nbsp;Great British pound |
| GO | &nbsp;&nbsp;&nbsp;General obligation |
| HEFAR | &nbsp;&nbsp;&nbsp;Higher Education Facilities Authority Revenue |
| IDR | &nbsp;&nbsp;&nbsp;Indonesian rupiah |
| INR | &nbsp;&nbsp;&nbsp;Indian rupee |
| LIBOR | &nbsp;&nbsp;&nbsp;London Interbank Offered Rate |
| RUB | &nbsp;&nbsp;&nbsp;Russian ruble |
| SOFR | &nbsp;&nbsp;&nbsp;Secured Overnight Financing Rate |

---

#### Investments in affiliates
An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value,<br> beginning of<br> period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gains<br> (losses)** | **Net<br> change in<br> unrealized<br> gains<br> (losses)** | **Value,<br> end of<br> period** | **Shares,<br> end<br> of period** | **Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $9279572 | $17768549 | $(19153577) | $0 | $0 | $7894544 | 7894544 | $74068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC | &nbsp;&nbsp;&nbsp; 769598 | &nbsp;&nbsp;&nbsp; 8582152 | &nbsp;&nbsp;&nbsp; (6488202) | &nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp; 2863548 | 2863548 | &nbsp;&nbsp;&nbsp;&nbsp;16869<sup>#</sup> |
|  |  |  |  | **$0** | **$0** | **$10758092** |  | **$90937** |

---

---

| | |
|:---|:---|
| <sup>#</sup> | Amount shown represents income before fees and rebates. |

---

#### Forward foreign currency contracts

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Currency to be<br> received** | &nbsp;&nbsp;**Currency to be<br> delivered** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;13,022,390 USD | &nbsp;&nbsp;12,224,398 EUR | &nbsp;&nbsp;Citibank National Association | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;$(141262) |

---

See accompanying consolidated notes to portfolio of investments

------

Allspring Income Plus Fund \| 13

------

Consolidated portfolio of investments—December 31, 2022 (unaudited)

------

#### Forward foreign currency contracts (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Currency to be<br> received** | &nbsp;&nbsp;**Currency to be<br> delivered** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;1,188,467 USD | &nbsp;&nbsp;975,000 GBP | &nbsp;&nbsp;Citibank National Association | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;$7227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;526,727 USD | &nbsp;&nbsp;7,950,000,000 IDR | &nbsp;&nbsp;Morgan Stanley Incorporated | &nbsp;&nbsp;1-5-2023 | &nbsp;&nbsp;&nbsp;&nbsp;16053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;7,950,000,000 IDR | &nbsp;&nbsp;511,303 USD | &nbsp;&nbsp;Morgan Stanley Incorporated | &nbsp;&nbsp;1-5-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(629) |
| &nbsp;&nbsp;510,391 USD | &nbsp;&nbsp;7,950,000,000 IDR | &nbsp;&nbsp;Morgan Stanley Incorporated | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  |  |  | &nbsp;&nbsp;**$23556** | &nbsp;&nbsp;**$(141891)** |

---

#### Futures contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Description** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;**Notional<br> cost** | &nbsp;&nbsp;**Notional<br> value** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;**Long** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Notes | &nbsp;&nbsp;&nbsp;&nbsp;63 | &nbsp;&nbsp;3-22-2023 | &nbsp;&nbsp;$7116134 | &nbsp;&nbsp;$7074703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;$(41431) |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Notes | &nbsp;&nbsp;&nbsp;&nbsp;23 | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4711983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4716797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Notes | &nbsp;&nbsp;228 | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;&nbsp;&nbsp;24651344 | &nbsp;&nbsp;&nbsp;&nbsp;24607969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;(43375) |
| &nbsp;&nbsp;**Short** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund | &nbsp;&nbsp;&nbsp;(38) | &nbsp;&nbsp;&nbsp;&nbsp;3-8-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(5746394) | &nbsp;&nbsp;&nbsp;&nbsp;(5407204) | &nbsp;&nbsp;&nbsp;&nbsp;339190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Ultra Treasury Notes | &nbsp;&nbsp;&nbsp;(44) | &nbsp;&nbsp;3-22-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(5269938) | &nbsp;&nbsp;&nbsp;&nbsp;(5204375) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  |  |  |  | &nbsp;&nbsp;**$409567** | &nbsp;&nbsp;**$(84806)** |

---

#### Centrally cleared credit default swap contracts

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Reference index** | **Fixed rate<br> received** | &nbsp;&nbsp;**Payment<br> frequency** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Premiums<br> paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;**Sell protection** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Markit CDX Emerging Markets Index \* | 1.00% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;6-20-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940000 | &nbsp;&nbsp;$(29762) | &nbsp;&nbsp;$(18555) | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$(11207) |
| &nbsp;&nbsp;Markit iTraxx Europe Crossover \* | 5.00 | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;6-20-2026 | &nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95373 | &nbsp;&nbsp;&nbsp;&nbsp;304881 | &nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;(209508) |
| &nbsp;&nbsp;Markit iTraxx Europe Subordinated Financial Index \* | 1.00 | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;6-20-2026 | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp;(143762) | &nbsp;&nbsp;&nbsp;&nbsp;(31352) | &nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;(112410) |
|  |  |  |  |  |  |  | &nbsp;&nbsp;**$0** | &nbsp;&nbsp;**$(333125)** |

---

\* A portion of the holding represents an investment held in Strategic Income Special Investment (Cayman) Ltd., the consolidated subsidiary.

See accompanying consolidated notes to portfolio of investments

------

14 \| Allspring Income Plus Fund

------

Notes to consolidated portfolio of investments—December 31, 2022 (unaudited)

------

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g. taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Equity securities and futures contracts that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

The values of securities denominated in foreign currencies are translated into U.S. dollars at rates provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Valuation Committee at Allspring Funds Management, LLC ("Allspring Funds Management").

Forward foreign currency contracts are recorded at the forward rate provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Valuation Committee.

Swap contracts are valued at the evaluated price provided by an independent pricing service or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value. Interests in non-registered investment companies that are redeemable at net asset value are fair valued normally at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Foreign currency translation

The accounting records of the Fund are maintained in U.S. dollars. The values of other assets and liabilities denominated in foreign currencies are translated into U.S. dollars at rates provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Valuation Committee. Purchases and sales of securities, and income and expenses are converted at the rate of exchange on the respective dates of such transactions. Net realized foreign exchange gains or losses arise from sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded and the U.S. dollar equivalent of the amounts actually paid or received. Net unrealized foreign exchange gains and losses arise from changes in the fair value of assets and liabilities other than investments in securities resulting from changes in exchange rates. The changes in net assets arising from changes in exchange rates of securities and the changes in net assets resulting from changes in market prices of securities are not separately presented. Such changes are included in net realized and unrealized gains or losses from investments.

Securities lending

The Fund may lend its securities from time to time in order to earn additional income in the form of fees or interest on securities received as collateral or the investment of any cash received as collateral. When securities are on loan, the Fund receives interest or dividends on those securities. Cash collateral received in connection with its securities lending transactions is invested in Securities Lending Cash Investments, LLC (the "Securities Lending Fund"), an affiliated non-registered investment company. Investments in Securities Lending Fund are valued at the evaluated bid price provided by an independent pricing service. The Securities Lending Fund is exempt from registration under Section 3(c)(7) of the Investment Company Act of 1940 and is managed by Allspring Funds Management and is subadvised by Allspring Global Investments, LLC ("Allspring Investments"), an affiliate of Allspring Funds Management and wholly owned subsidiary of Allspring Global Investments Holdings, LLC. Allspring Funds Management receives an advisory fee starting at 0.05% and declining to 0.01% as the average daily net assets of the Securities Lending Fund increase. All of the fees received by Allspring Funds Management are paid to

------

Allspring Income Plus Fund \| 15

------

Notes to consolidated portfolio of investments—December 31, 2022 (unaudited)

------

Allspring Investments for its services as subadviser. The Securities Lending Fund seeks to provide a positive return compared to the daily Fed Funds Open Rate by investing in high-quality, U.S. dollar-denominated short-term money market instruments.

In a securities lending transaction, the net asset value of the Fund is affected by an increase or decrease in the value of the securities loaned and by an increase or decrease in the value of the instrument in which collateral is invested. The amount of securities lending activity undertaken by the Fund fluctuates from time to time. The Fund has the right under the lending agreement to recover the securities from the borrower on demand. In the event of default or bankruptcy by the borrower, the Fund may be prevented from recovering the loaned securities or gaining access to the collateral or may experience delays or costs in doing so. In such an event, the terms of the agreement allow the unaffiliated securities lending agent to use the collateral to purchase replacement securities on behalf of the Fund or pay the Fund the market value of the loaned securities. The Fund bears the risk of loss with respect to depreciation of its investment of the cash collateral.

Loans

The Fund may invest in direct debt instruments which are interests in amounts owed to lenders by corporate or other borrowers. The loans pay interest at rates which are periodically reset by reference to a base lending rate plus a spread. Investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. When the Fund purchases participations, it generally has no rights to enforce compliance with the terms of the loan agreement with the borrower. As a result, the Fund assumes the credit risk of both the borrower and the lender that is selling the participation. When the Fund purchases assignments from lenders, it acquires direct rights against the borrower on the loan and may enforce compliance by the borrower with the terms of the loan agreement. Loans may include fully funded term loans or unfunded loan commitments, which are contractual obligations for future funding.

Forward foreign currency contracts

A forward foreign currency contract is an agreement between two parties to purchase or sell a specific currency for an agreed-upon price at a future date. The Fund enters into forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to attempt to minimize the risk to the Fund from adverse changes in the relationship between currencies. Forward foreign currency contracts are recorded at the forward rate and marked-to-market daily. When the contracts are closed, realized gains and losses arising from such transactions are recorded as realized gains or losses on forward foreign currency contracts. The Fund is subject to foreign currency risk and may be exposed to risks if the counterparties to the contracts are unable to meet the terms of their contracts or if the value of the foreign currency changes unfavorably. The Fund's maximum risk of loss from counterparty credit risk is the unrealized gains on the contracts. This risk may be mitigated if there is a master netting arrangement between the Fund and the counterparty.

Futures contracts

Futures contracts are agreements between the Fund and a counterparty to buy or sell a specific amount of a commodity, financial instrument or currency at a specified price on a specified date. The Fund may buy and sell futures contracts in order to gain exposure to, or protect against, changes in interest rates and is subject to interest rate risk. The primary risks associated with the use of futures contracts are the imperfect correlation between changes in market values of securities held by the Fund and the prices of futures contracts, and the possibility of an illiquid market. Futures contracts are generally entered into on a regulated futures exchange and cleared through a clearinghouse associated with the exchange. With futures contracts, there is minimal counterparty risk to the Fund since futures contracts are exchange traded and the exchange's clearinghouse, as the counterparty to all exchange-traded futures, guarantees the futures contracts against default.

Upon entering into a futures contract, the Fund is required to deposit either cash or securities (initial margin) with the broker in an amount equal to a certain percentage of the contract value. Subsequent payments (variation margin) are paid to or from the broker each day equal to the daily changes in the contract value. Such payments are recorded as unrealized gains or losses and, if any, shown as variation margin receivable (payable) in the Consolidated Statement of Assets and Liabilities. Should the Fund fail to make requested variation margin payments, the broker can gain access to the initial margin to satisfy the Fund's payment obligations. When the contracts are closed, a realized gain or loss is recorded in the Consolidated Statement of Operations.

Swap contracts

Swap contracts are agreements between the Fund or the Subsidiary and a counterparty to exchange a series of cash flows over a specified period. Swap agreements are privately negotiated contracts between the Fund or the Subsidiary that are entered into as bilateral contracts in the over-the-counter market or centrally cleared ("centrally cleared swaps") with a central clearinghouse.

The Fund entered into centrally cleared swaps. In a centrally cleared swap, immediately following execution of the swap contract, the swap contract is novated to a central counterparty (the "CCP") and the Fund's counterparty on the swap

------

16 \| Allspring Income Plus Fund

------

Notes to consolidated portfolio of investments—December 31, 2022 (unaudited)

------

agreement becomes the CCP. Upon entering into a centrally cleared swap, the Fund is required to deposit an initial margin with the broker in the form of cash or securities. Pursuant to the contract, the Fund agrees to receive from or pay to the broker an amount of cash equal to the daily fluctuation in market value of the contract ("variation margin"). The variation margin is recorded as an unrealized gain (or loss) on centrally cleared swaps. Payments received from (paid to) the counterparty are recorded as realized gains (losses) when the contract is closed.

#### Credit default swaps
The Fund may enter into credit default swaps for hedging or speculative purposes to provide or receive a measure of protection against default on a referenced entity, obligation or index or a basket of single-name issuers or traded indexes. An index credit default swap references all the names in the index, and if a credit event is triggered, the credit event is settled based on that name's weight in the index. Credit default swaps are agreements in which the protection buyer pays fixed periodic payments to the protection seller in consideration for a promise from the protection seller to make a specific payment should a negative credit event take place with respect to the referenced entity (e.g., bankruptcy, failure to pay, obligation acceleration, repudiation, moratorium or restructuring).

The Fund may enter into credit default swaps as either the seller of protection or the buyer of protection. If the Fund is the buyer of protection and a credit event occurs, the Fund will either receive from the seller an amount equal to the notional amount of the swap and deliver the referenced security or underlying securities comprising the index, or receive a net settlement of cash equal to the notional amount of the swap less the recovery value of the security or underlying securities comprising the index. If the Fund is the seller of protection and a credit event occurs, the Fund will either pay the buyer an amount equal to the notional amount of the swap and take delivery of the referenced security or underlying securities comprising the index or pay a net settlement of cash equal to the notional amount of the swap less the recovery value of the security or underlying securities comprising the index.

As the seller of protection, the Fund is subject to investment exposure on the notional amount of the swap and has assumed the risk of default of the underlying security or index. As the buyer of protection, the Fund could be exposed to risks if the seller of the protection defaults on its obligation to perform, or if there are unfavorable changes in the fluctuation of interest rates.

By entering into credit default swap contracts, the Fund is exposed to credit risk. In addition, certain credit default swap contracts entered into by the Fund provide for conditions that result in events of default or termination that enable the counterparty to the agreement to cause an early termination of the transactions under those agreements.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

■ Level 1 – quoted prices in active markets for identical securities

■ Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

■ Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

------

Allspring Income Plus Fund \| 17

------

Notes to consolidated portfolio of investments—December 31, 2022 (unaudited)

------

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;Quoted prices<br> (Level 1) | &nbsp;&nbsp;&nbsp;&nbsp;Other significant<br> observable inputs<br> (Level 2) | &nbsp;&nbsp;&nbsp;&nbsp;Significant<br> unobservable inputs<br> (Level 3) | &nbsp;&nbsp;&nbsp;&nbsp;Total |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Assets</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Investments in:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Asset-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$12817458 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$12817458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33702407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33702407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Foreign corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10679713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10679713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Foreign government bonds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6229477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6229477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment companies** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3032847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3032847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loans** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3602361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3602361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Municipal obligations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-agency mortgage-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26896199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26896199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**U.S. Treasury securities** | &nbsp;&nbsp;&nbsp;&nbsp;35639586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35639586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Yankee corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15557517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15557517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Yankee government bonds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3063726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3063726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Investment companies* | &nbsp;&nbsp;&nbsp;&nbsp;10758092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10758092 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;49430525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112681325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162111850 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Forward foreign currency contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23556 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$49840092** | &nbsp;&nbsp;&nbsp;&nbsp;**$112704881** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$162544973** |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Liabilities</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Forward foreign currency contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$141891 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$141891 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84806 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Swap contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$84806** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$475016** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$559822** |

---

Futures contracts, forward foreign currency contracts and swap contracts are reported at their cumulative unrealized gains (losses) at measurement date as reported in the tables following the Consolidated Portfolio of Investments. All other assets and liabilities are reported at their market value at measurement date.

Additional sector, industry or geographic detail, if any, is included in the Consolidated Portfolio of Investments.

As of December 31, 2022, $62,870 was segregated as cash collateral for open futures contracts and $1,097,042 was segregated as cash collateral for swap contracts. The Fund also had $960,000 segregated as cash collateral for open forward foreign currency contracts.

For the three months ended December 31, 2022, the Fund did not have any transfers into/out of Level 3.

------

18 \| Allspring Income Plus 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:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring Income Plus Fund

- **b. EDGAR series identifier (if any):** S000039677

- **c. LEI of Series:** 549300I50X4BVRPXJM50

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $167970367.92

**Total Liabilities:** $3702926.70

**Net Assets:** $164267441.22

**Amount of Assets Invested in Other Investment Companies:** $8093156.68

**Cash Not Reported:** $1455049.81

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -107.50000000 | **1-Year:** -3590.61000000 | **5-Year:** -8781.33000000 | **10-Year:** -11026.13000000 | **30-Year:** -6199.68000000

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

- **3-Month:** -246.12000000 | **1-Year:** -3761.70000000 | **5-Year:** -8816.48000000 | **10-Year:** -5088.45000000 | **30-Year:** -2877.87000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000122975 | 0.09%                | 2.63%                | 0.15%                |
| Class ID C000122978 | 0.03%                | 2.70%                | -0.06%               |
| Class ID C000122977 | 0.09%                | 2.65%                | 0.03%                |
| Class ID C000122976 | 0.11%                | 2.69%                | 0.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-491058.28              | $117452.18                                 |
| Month 2  | $-417077.74              | $4159242.31                                |
| Month 3  | $-435434.07              | $-39372.42                                 |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Aggregate Index

- **Index Identifier:** agg_returns

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BUNDESREPUB. DEUTSCHLAND                                   | Bundesrepublik Deutschland Bundesanleihe                                                                                     | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |     1600000 | PA      | $1596596.83   | 0.97%             | 2032-08-15      | Fixed         | 1.70%                 | Yes           |                  2 | On Loan: No      |
| AFRICAN EXPORT-IMPORT BA                                   | African Export-Import Bank/The                                                                                               | CUSIP: 00831TAC5<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | XX        |      200000 | PA      | $165360.00    | 0.10%             | 2031-05-17      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                   | Outfront Media Capital LLC / Outfront Media Capital Corp                                                                     | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      175000 | PA      | $144781.62    | 0.09%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TACO BELL FUNDING, LLC                                     | Taco Bell Funding LLC                                                                                                        | CUSIP: 87342RAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      782100 | PA      | $660892.49    | 0.40%             | 2051-08-25      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| NMG HLDCO/NEIMAN MARCUS                                    | NMG Holding Co Inc / Neiman Marcus Group LLC                                                                                 | CUSIP: 62929RAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      500000 | PA      | $468633.75    | 0.29%             | 2026-04-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                    | QVC Inc                                                                                                                      | CUSIP: 747262AZ6<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |      190000 | PA      | $113525.00    | 0.07%             | 2028-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                   | Hilcorp Energy I LP / Hilcorp Finance Co                                                                                     | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       55000 | PA      | $47440.73     | 0.03%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                            | Long: SP3W00GQ8 CDS USD R F  1.00000 SP3W00GQ8_FEE CCPCDX / Short: SP3W00GQ8 CDS USD P V 03MEVENT SP3W00GQ8_PRO CCPCDX       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |      920000 | OU      | $-29761.94    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                   | Ford Motor Credit Co LLC                                                                                                     | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      175000 | PA      | $163005.50    | 0.10%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                                         | Aqua Finance Trust 2021-A                                                                                                    | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      522414 | PA      | $477649.20    | 0.29%             | 2046-07-17      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                                          | DISH Network Corp                                                                                                            | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |      200000 | PA      | $205980.00    | 0.13%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF BAHAMAS                                    | Bahamas Government International Bond                                                                                        | CUSIP: 056732AJ9<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |      785000 | PA      | $599131.11    | 0.36%             | 2028-11-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                                   | Neuberger Berman Loan Advisers CLO 25 Ltd                                                                                    | CUSIP: 64131JAN6<br>LEI: 549300YJLHTYDSFV8K03 | Long             | ABS-CBDO         | CORP              | KY        |      250000 | PA      | $241116.25    | 0.15%             | 2029-10-18      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| FLY LEASING LTD                                            | Fly Leasing Ltd                                                                                                              | CUSIP: 14308CAA1<br>LEI: 549300LI58A0MHGHTZ98 | Long             | DBT              | CORP              | BM        |      420000 | PA      | $327606.75    | 0.20%             | 2024-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                             | Pagaya AI Debt Selection Trust 2021-3                                                                                        | CUSIP: 69546RAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      999946 | PA      | $913149.69    | 0.56%             | 2029-05-15      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                                     | BP Capital Markets PLC                                                                                                       | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |      325000 | PA      | $284375.00    | 0.17%             | 2030-03-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                | MetLife Inc                                                                                                                  | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     1200000 | PA      | $1160520.00   | 0.71%             | 2036-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                    | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                                                                 | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       95000 | PA      | $82149.35     | 0.05%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     5440000 | PA      | $4953800.00   | 3.02%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| DEUT PFANDBRIEFBANK AG                                     | Deutsche Pfandbriefbank AG                                                                                                   | CUSIP: 000000000<br>LEI: DZZ47B9A52ZJ6LT6VV95 | Long             | DBT              | CORP              | DE        |      400000 | PA      | $364273.96    | 0.22%             | 2027-06-28      | Fixed         | 4.68%                 | Yes           |                  2 | On Loan: No      |
| Apex Credit CLO LLC                                        | JFIN CLO 2017-II Ltd                                                                                                         | CUSIP: 46593CAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $959276.00    | 0.58%             | 2029-09-20      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                    | Royal Caribbean Cruises Ltd                                                                                                  | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |       95000 | PA      | $75814.28     | 0.05%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STELLANTIS NV                                              | Stellantis NV                                                                                                                | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $514993.25    | 0.31%             | 2025-03-20      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 91282CEN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     4245000 | PA      | $4022800.78   | 2.45%             | 2027-04-30      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                     | CCO Holdings LLC / CCO Holdings Capital Corp                                                                                 | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      500000 | PA      | $369022.50    | 0.22%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                         | Dominican Republic International Bond                                                                                        | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      200000 | PA      | $166012.21    | 0.10%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC/WESTFIEL                                   | WEA Finance LLC / Westfield UK & Europe Finance PLC                                                                          | CUSIP: 92890HAD4<br>LEI: N/A                  | Long             | DBT              |  | US        |      500000 | PA      | $345720.84    | 0.21%             | 2044-09-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                              | PURCHASED USD / SOLD GBP                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |           1 | NC      | $7227.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                              | Citigroup Inc                                                                                                                | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |      425000 | PA      | $362312.50    | 0.22%             | 2026-02-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CASINO GUICHARD PERRACHO                                   | Casino Guichard Perrachon SA                                                                                                 | CUSIP: 000000000<br>LEI: 969500VHL8F83GBL6L29 | Long             | DBT              | CORP              | FR        |      400000 | PA      | $285167.74    | 0.17%             | 2025-02-07      | Fixed         | 3.58%                 | Yes           |                  2 | On Loan: No      |
| PERMANENT TSB GROUP                                        | Permanent TSB Group Holdings PLC                                                                                             | CUSIP: 000000000<br>LEI: 635400DTNHVYGZODKQ93 | Long             | DBT              | CORP              | IE        |      600000 | PA      | $614650.81    | 0.37%             | 2024-09-26      | Fixed         | 2.13%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                    | Goldman Sachs Group Inc/The                                                                                                  | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      750000 | PA      | $581931.52    | 0.35%             | 2032-07-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BONOS TESORERIA PESOS                                      | Bonos de la Tesoreria de la Republica en pesos                                                                               | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |  1045000000 | PA      | $1196837.61   | 0.73%             | 2026-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-1C PTT                                     | Air Canada 2020-1 Class C Pass Through Trust                                                                                 | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      500000 | PA      | $507565.90    | 0.31%             | 2026-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Provincia de Cordoba                                       | Provincia de Cordoba                                                                                                         | CUSIP: 74408DAC8<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |      254472 | PA      | $205168.05    | 0.12%             | 2025-12-10      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| CPS Auto Trust                                             | CPS Auto Receivables Trust 2021-A                                                                                            | CUSIP: 12656NAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1320000 | PA      | $1250306.51   | 0.76%             | 2026-12-15      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                           | Carlyle US Clo 2017-2 Ltd                                                                                                    | CUSIP: 14315JAU3<br>LEI: 549300VC6J79YJCFU884 | Long             | ABS-CBDO         | CORP              | KY        |      750000 | PA      | $721467.75    | 0.44%             | 2031-07-20      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                               | MPH Acquisition Holdings LLC 2021 Term Loan B                                                                                | CUSIP: 55328HAK7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | LON              | CORP              | US        |       99248 | PA      | $84360.89     | 0.05%             | 2028-09-01      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                 | Verus Securitization Trust 2021-2                                                                                            | CUSIP: 92538FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       99409 | PA      | $82549.98     | 0.05%             | 2066-02-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| Oxford Finance Funding Trust                               | Oxford Finance Funding 2019-1 LLC                                                                                            | CUSIP: 69145AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      265835 | PA      | $263732.09    | 0.16%             | 2027-02-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                            | Long: SP4C00GZ1 CDS EUR R F  5.00000 SP4C00GZ1_FEE CCPITRAXX / Short: SP4C00GZ1 CDS EUR P V 03MEVENT SP4C00GZ1_PRO CCPITRAXX | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |     3000000 | OU      | $95372.45     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                       | KANSAS ST DEV FIN AUTH REVENUE                                                                                               | CUSIP: 48542RCC6<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |       25000 | PA      | $23247.16     | 0.01%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BX Trust 2019-OC11                                         | BX Trust 2019-OC11                                                                                                           | CUSIP: 05606FAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      500000 | PA      | $398457.70    | 0.24%             | 2041-12-09      | Variable      | 3.94%                 | No            |                  2 | On Loan: No      |
| DELTA AIRLINES 2015B                                       | Delta Air Lines 2015-1 Class B Pass Through Trust                                                                            | CUSIP: 24737AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      425407 | PA      | $416998.95    | 0.25%             | 2023-07-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                             | ACM Auto Trust 2022-1                                                                                                        | CUSIP: 00091QAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      775000 | PA      | $758942.47    | 0.46%             | 2029-04-20      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                        | JPMorgan Chase & Co                                                                                                          | CUSIP: 48124BAC9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      350000 | PA      | $341687.50    | 0.21%             | 2023-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: —       |
| TOWNSQUARE MEDIA INC                                       | Townsquare Media Inc                                                                                                         | CUSIP: 892231AB7<br>LEI: 549300XBA8C68H0DR538 | Long             | DBT              | CORP              | US        |      400000 | PA      | $355000.60    | 0.22%             | 2026-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                           | Allied Universal Holdco LLC / Allied Universal Finance Corp                                                                  | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      650000 | PA      | $471743.76    | 0.29%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VanEck J. P. Morgan EM Local Currency Bond ETF             | VanEck J. P. Morgan EM Local Currency Bond ETF                                                                               | CUSIP: 92189H300<br>LEI: 549300CNWPR88MZBEA63 | Long             | EC               | RF                | US        |       92700 | NS      | $2246121.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                                   | Banco Mercantil del Norte SA/Grand Cayman                                                                                    | CUSIP: 05973KAA5<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |      750000 | PA      | $668283.67    | 0.41%             | 2027-01-24      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                           | Duke Energy Corp                                                                                                             | CUSIP: 000000000<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |      200000 | PA      | $200306.79    | 0.12%             | 2028-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                              | Carnival Corp                                                                                                                | CUSIP: 143658BS0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |      500000 | PA      | $406725.34    | 0.25%             | 2030-06-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| AEDAS HOMES OPCO SLU                                       | Aedas Homes Opco SLU                                                                                                         | CUSIP: 000000000<br>LEI: 959800NRD7BJBYEDBG71 | Long             | DBT              | CORP              | ES        |      500000 | PA      | $449588.79    | 0.27%             | 2026-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                    | GLP Capital LP / GLP Financing II Inc                                                                                        | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              |  | US        |     1000000 | PA      | $857800.00    | 0.52%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                             | EPR Properties                                                                                                               | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |      500000 | PA      | $391475.77    | 0.24%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Residential Mortgage Loan Trust                            | Residential Mortgage Loan Trust 2019-3                                                                                       | CUSIP: 76119NAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      169724 | PA      | $164129.52    | 0.10%             | 2059-09-25      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW INC                                         | Scripps Escrow Inc                                                                                                           | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      125000 | PA      | $111562.50    | 0.07%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CANPACK SA/CANPACK US                                      | Canpack SA / Canpack US LLC                                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |      500000 | PA      | $420044.38    | 0.26%             | 2027-11-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                           | Deutsche Bank AG/New York NY                                                                                                 | CUSIP: 251526BN8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |      275000 | PA      | $229850.08    | 0.14%             | 2032-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                       | Michaels Cos Inc/The                                                                                                         | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |      210000 | PA      | $140315.34    | 0.09%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AIR METHODS CORP                                           | Air Methods Corp                                                                                                             | CUSIP: 00215JAA7<br>LEI: 54930081QGNZXVDOZF63 | Long             | DBT              | CORP              | US        |       75000 | PA      | $3750.00      | 0.00%             | 2025-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                          | NatWest Group PLC                                                                                                            | CUSIP: 780097BQ3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |      400000 | PA      | $369378.68    | 0.22%             | 2025-12-29      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                                       | Wingstop Funding LLC                                                                                                         | CUSIP: 974153AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      356400 | PA      | $301186.51    | 0.18%             | 2050-12-05      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     3290000 | PA      | $3357342.19   | 2.04%             | 2032-11-15      | Fixed         | 4.13%                 | No            |                  1 | On Loan: No      |
| BX Trust                                                   | BX Trust 2021-ARIA                                                                                                           | CUSIP: 05608RAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      550000 | PA      | $508621.47    | 0.31%             | 2036-10-15      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                                     | Clydesdale Acquisition Holdings Inc                                                                                          | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |      300000 | PA      | $256791.46    | 0.16%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                   | Hilcorp Energy I LP / Hilcorp Finance Co                                                                                     | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       55000 | PA      | $48953.66     | 0.03%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA                                     | Yara International ASA                                                                                                       | CUSIP: 984851AH8<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |      250000 | PA      | $260797.84    | 0.16%             | 2032-11-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                   | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                           | CUSIP: 505742AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      120000 | PA      | $112744.89    | 0.07%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                              | FirstCash Inc                                                                                                                | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |       95000 | PA      | $84556.18     | 0.05%             | 2030-01-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| EnLink Midstream LLC                                       | EnLink Midstream LLC                                                                                                         | CUSIP: 29336TAA8<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |      220000 | PA      | $203561.18    | 0.12%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                           | Carlyle Global Market Strategies CLO 2016-1 Ltd                                                                              | CUSIP: 14312HBA3<br>LEI: 549300N3CJKPCWZ7KX23 | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $870523.00    | 0.53%             | 2034-04-20      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                                   | BroadStreet Partners Inc                                                                                                     | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |      500000 | PA      | $425540.68    | 0.26%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                                 | Affirm Asset Securitization Trust 2021-B                                                                                     | CUSIP: 00834DAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1010000 | PA      | $957895.11    | 0.58%             | 2026-08-17      | Fixed         | 1.03%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                                    | Aethon United BR LP / Aethon United Finance Corp                                                                             | CUSIP: 00810GAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      500000 | PA      | $495973.04    | 0.30%             | 2026-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                              | DISH DBS Corp                                                                                                                | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      100000 | PA      | $79812.50     | 0.05%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Achieve Mortgage                                           | FREED Mortgage Trust 2022-HE1                                                                                                | CUSIP: 35634KAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      651330 | PA      | $647253.42    | 0.39%             | 2037-10-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                            | CFCRE Commercial Mortgage Trust 2016-C7                                                                                      | CUSIP: 12532BAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      400000 | PA      | $364979.56    | 0.22%             | 2054-12-10      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                        | Petroleos Mexicanos                                                                                                          | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |      250000 | PA      | $196311.75    | 0.12%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 91282CFU0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      240000 | PA      | $240881.25    | 0.15%             | 2027-10-31      | Fixed         | 4.13%                 | No            |                  1 | On Loan: No      |
| Verus Securitization Trust                                 | Verus Securitization Trust 2021-R3                                                                                           | CUSIP: 92538EAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      398934 | PA      | $345381.95    | 0.21%             | 2064-04-25      | Variable      | 1.28%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust                | MF1 2022-FL8 Ltd                                                                                                             | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $958305.60    | 0.58%             | 2037-02-19      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| RAIFFEISEN BANK INTL                                       | Raiffeisen Bank International AG                                                                                             | CUSIP: 000000000<br>LEI: 9ZHRYM6F437SQJ6OUG95 | Long             | DBT              | CORP              | AT        |      400000 | PA      | $301949.82    | 0.18%             | 2033-06-17      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| SEC LENDING CASH INVST LLC                                 | SEC LENDING CASH INVST LLC                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     2861875 | NS      | $2861875.45   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| INTL FINANCE CORP                                          | International Finance Corp                                                                                                   | CUSIP: 45950VEM4<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    45000000 | PA      | $533418.35    | 0.32%             | 2024-11-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 10YR ULTRA FUT MAR23                                                                                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         -44 | NC      | $65562.77     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpire Capital, Inc                                   | BRSP 2021-FL1 Ltd                                                                                                            | CUSIP: 05591XAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1065000 | PA      | $1026832.53   | 0.63%             | 2038-08-19      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC                      | Charter Communications Operating, LLC 2019 Term Loan B1                                                                      | CUSIP: 16117LBW8<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |      478589 | PA      | $475373.25    | 0.29%             | 2025-04-30      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                 | DaVita Inc                                                                                                                   | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $746350.00    | 0.45%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AFN ABSPROP001 Llc                                         | AFN ABSPROP001 LLC 2019-1                                                                                                    | CUSIP: 00109BAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      694333 | PA      | $599986.51    | 0.37%             | 2049-05-20      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                    | Royal Caribbean Cruises Ltd                                                                                                  | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      125000 | PA      | $105156.25    | 0.06%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                              | PRA Group Inc                                                                                                                | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |      265000 | PA      | $218625.00    | 0.13%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CELLNEX FINANCE CO SA                                      | Cellnex Finance Co SA                                                                                                        | CUSIP: 000000000<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |      500000 | PA      | $396452.74    | 0.24%             | 2032-09-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                                   | Brandywine Operating Partnership LP                                                                                          | CUSIP: 105340AR4<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |      185000 | PA      | $181425.66    | 0.11%             | 2028-03-15      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                         | Credit Agricole SA                                                                                                           | CUSIP: 225313AJ4<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     1000000 | PA      | $1012400.00   | 0.62%             | 2025-12-23      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| MAPLE GROVE FUNDING TR I                                   | Maple Grove Funding Trust I                                                                                                  | CUSIP: 565130AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      900000 | PA      | $603113.32    | 0.37%             | 2051-08-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| FREMF Mortgage Trust                                       | FREMF 2017-K724 Mortgage Trust                                                                                               | CUSIP: 30295XAS7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      400000 | PA      | $390643.16    | 0.24%             | 2049-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| GIP II Blue Holding, L.P                                   | GIP II Blue Holding, L.P Term Loan B                                                                                         | CUSIP: 31575AAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      394558 | PA      | $390529.31    | 0.24%             | 2028-09-29      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                | Asurion LLC 2021 2nd Lien Term Loan B3                                                                                       | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |       75000 | PA      | $58187.25     | 0.04%             | 2028-01-31      | Floating      | 9.63%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                                | Gap Inc/The                                                                                                                  | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $697615.02    | 0.42%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                     | General Motors Financial Co Inc                                                                                              | CUSIP: 37045XDB9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |      500000 | PA      | $423187.49    | 0.26%             | 2030-09-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                           | COLT 2022-7 Mortgage Loan Trust                                                                                              | CUSIP: 12663GAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      474485 | PA      | $465960.14    | 0.28%             | 2067-04-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                        | JPMorgan Chase & Co                                                                                                          | CUSIP: 48128BAG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      500000 | PA      | $440625.00    | 0.27%             | 2025-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                                      | Scripps Escrow II Inc                                                                                                        | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      545000 | PA      | $436822.39    | 0.27%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Werner FinCo LP                                            | Werner FinCo LP 2017 Term Loan                                                                                               | CUSIP: 95075EAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      203385 | PA      | $182369.17    | 0.11%             | 2024-07-24      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                | Oracle Corp                                                                                                                  | CUSIP: 68389XCE3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      190000 | PA      | $157534.14    | 0.10%             | 2031-03-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NSG HOLDINGS LLC/NSG HLD                                   | NSG Holdings LLC / NSG Holdings Inc                                                                                          | CUSIP: 62940QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       25430 | PA      | $24603.31     | 0.01%             | 2025-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                                    | Starwood Property Trust Inc                                                                                                  | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |      300000 | PA      | $262522.63    | 0.16%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp                                      | Oglethorpe Power Corp                                                                                                        | CUSIP: 677050AL0<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |      400000 | PA      | $292877.60    | 0.18%             | 2046-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                           | CSC Holdings LLC                                                                                                             | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |      500000 | PA      | $276317.03    | 0.17%             | 2030-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                   | EnLink Midstream Partners LP                                                                                                 | CUSIP: 29336UAD9<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |      115000 | PA      | $87150.26     | 0.05%             | 2045-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                              | Surgery Center Holdings, Inc. 2021 Term Loan                                                                                 | CUSIP: 86880NAX1<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |      139020 | PA      | $137092.82    | 0.08%             | 2026-08-31      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                           | Societe Generale SA                                                                                                          | CUSIP: 83368RBL5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     1000000 | PA      | $935284.54    | 0.57%             | 2033-06-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                              | CoreCivic Inc                                                                                                                | CUSIP: 21871NAB7<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |      910000 | PA      | $933205.00    | 0.57%             | 2026-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| Intesa Sanpaolo SpA                                        | Intesa Sanpaolo SpA                                                                                                          | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |      635000 | PA      | $610234.88    | 0.37%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| CAJUN GLOBAL LLC                                           | Cajun Global LLC                                                                                                             | CUSIP: 12803VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      985000 | PA      | $834211.28    | 0.51%             | 2051-11-20      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                              | UniCredit SpA                                                                                                                | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      600000 | PA      | $487468.85    | 0.30%             | 2035-06-30      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| MED Trust                                                  | Med Trust 2021-MDLN                                                                                                          | CUSIP: 58403YAK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $952351.30    | 0.58%             | 2038-11-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                | Southern Co/The                                                                                                              | CUSIP: 842587DF1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |      330000 | PA      | $300300.00    | 0.18%             | 2051-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                   | Occidental Petroleum Corp                                                                                                    | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      420000 | PA      | $428400.00    | 0.26%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Jonah Energy LLC                                           | Jonah Energy Abs I LLC                                                                                                       | CUSIP: 47987EAC1<br>LEI: 2549003KXV9PPFRCPA79 | Long             | ABS-O            | CORP              | US        |      671300 | PA      | $665886.50    | 0.41%             | 2037-12-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Ondeck Asset Securitization Trust LLC                      | OnDeck Asset Securitization Trust III LLC                                                                                    | CUSIP: 68236WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      725000 | PA      | $662933.48    | 0.40%             | 2027-05-17      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 10YR NOTE (CBT)MAR23                                                                                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |          63 | NC      | $-41430.56    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| ZIGGO BOND CO BV                                           | Ziggo Bond Co BV                                                                                                             | CUSIP: 000000000<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |      300000 | PA      | $230478.48    | 0.14%             | 2030-02-28      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                                                 | Apidos CLO XXXI                                                                                                              | CUSIP: 03767VAQ1<br>LEI: 549300IG6PHVJ3WBR394 | Long             | ABS-CBDO         | CORP              | KY        |      500000 | PA      | $468402.50    | 0.29%             | 2031-04-15      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                               | Navient Corp                                                                                                                 | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |      100000 | PA      | $71238.54     | 0.04%             | 2033-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                                         | Enact Holdings Inc                                                                                                           | CUSIP: 37255LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      400000 | PA      | $392544.00    | 0.24%             | 2025-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                   | Rockies Express Pipeline LLC                                                                                                 | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |      340000 | PA      | $285459.23    | 0.17%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                     | PNC Financial Services Group Inc/The                                                                                         | CUSIP: 693475AQ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |      250000 | PA      | $216124.06    | 0.13%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                            | Long: SPGK002R3 CDS EUR R F  1.00000 SPGK002R3_FEE CCPITRAXX / Short: SPGK002R3 CDS EUR P V 03MEVENT SPGK002R3_PRO CCPITRAXX | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    12000000 | OU      | $-143761.67   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HLDINGS LLC                                   | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd                                                    | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      675044 | PA      | $671129.51    | 0.41%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                             | Sabre GLBL Inc                                                                                                               | CUSIP: 78573NAC6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |      135000 | PA      | $134477.14    | 0.08%             | 2025-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                      | Bausch Health Cos Inc                                                                                                        | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |      400000 | PA      | $191864.00    | 0.12%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                   | Comision Federal de Electricidad                                                                                             | CUSIP: 200447AK6<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |      500000 | PA      | $378183.19    | 0.23%             | 2033-07-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                          | HSBC Holdings PLC                                                                                                            | CUSIP: 404280CC1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |      590000 | PA      | $516417.62    | 0.31%             | 2030-05-22      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                     | Southwestern Energy Co                                                                                                       | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |      100000 | PA      | $85459.00     | 0.05%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                    | American Airlines, Inc. 2021 Term Loan                                                                                       | CUSIP: 02376CBJ3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | KY        |      266000 | PA      | $264544.98    | 0.16%             | 2028-04-20      | Floating      | 8.99%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                             | Morgan Stanley                                                                                                               | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1213467.47   | 0.74%             | 2033-01-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                               | GS Mortgage Securities Corp Trust 2018-LUAU                                                                                  | CUSIP: 36256AAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1600000 | PA      | $1547737.12   | 0.94%             | 2032-11-15      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| PROVINCIA DE CORDOBA                                       | Provincia de Cordoba                                                                                                         | CUSIP: 74408DAE4<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |      557619 | PA      | $356876.16    | 0.22%             | 2029-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                                         | Mongolia Government International Bond                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |      200000 | PA      | $192080.00    | 0.12%             | 2023-05-01      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                   | MPH Acquisition Holdings LLC                                                                                                 | CUSIP: 553283AC6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |      290000 | PA      | $192853.54    | 0.12%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 91282CER8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     9965000 | PA      | $9667996.26   | 5.89%             | 2024-05-31      | Fixed         | 2.50%                 | No            |                  1 | On Loan: No      |
| DOMINICAN REPUBLIC                                         | Dominican Republic International Bond                                                                                        | CUSIP: 25714PEP9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      200000 | PA      | $184022.20    | 0.11%             | 2029-02-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                                     | Adient Global Holdings Ltd                                                                                                   | CUSIP: 000000000<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |      515000 | PA      | $526014.05    | 0.32%             | 2024-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                 | Verus Securitization Trust 2021-8                                                                                            | CUSIP: 92538GAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1220249 | PA      | $1015732.28   | 0.62%             | 2066-11-25      | Variable      | 2.29%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II INC                                         | Gray Escrow II Inc                                                                                                           | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      800000 | PA      | $576520.00    | 0.35%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                        | JPMorgan Chase & Co                                                                                                          | CUSIP: 48126HAA8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      100000 | PA      | $97810.00     | 0.06%             | 2023-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                           | Duke Energy Corp                                                                                                             | CUSIP: 000000000<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |      400000 | PA      | $395608.55    | 0.24%             | 2034-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Geo Group, Inc. (The)                                      | Geo Group, Inc. (The) 2022 Tranche 1 Term Loan                                                                               | CUSIP: 37252KAR3<br>LEI: 54930024XOXET7NQVZ63 | Long             | LON              | CORP              | US        |      515705 | PA      | $515384.97    | 0.31%             | 2027-03-23      | Variable      | 11.45%                | No            |                  2 | On Loan: No      |
| RUSSIA GOVT BOND - OFZ                                     | Russian Federal Bond - OFZ                                                                                                   | CUSIP: 000000000<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |    35000000 | PA      | $128135.59    | 0.08%             | 2024-02-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust                | MF1 2021-FL7 Ltd                                                                                                             | CUSIP: 55284AAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $919143.10    | 0.56%             | 2036-10-16      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional US Government Money Market Fund                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     2863642 | NS      | $2863641.87   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| City of Chicago IL                                         | CHICAGO IL                                                                                                                   | CUSIP: 167486M71<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |       40000 | PA      | $39501.02     | 0.02%             | 2029-01-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                                   | Itau Unibanco Holding SA/Cayman Island                                                                                       | CUSIP: 46556JAB5<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |      800000 | PA      | $773112.00    | 0.47%             | 2025-01-24      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                   | Comision Federal de Electricidad                                                                                             | CUSIP: 200447AH3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |      200000 | PA      | $156106.13    | 0.10%             | 2031-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN                                   | Northriver Midstream Finance LP                                                                                              | CUSIP: 66679NAA8<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |      220000 | PA      | $208357.23    | 0.13%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities Trust                        | Brean Asset Backed Securities Trust 2021-RM2                                                                                 | CUSIP: 10638MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      866357 | PA      | $756236.00    | 0.46%             | 2061-10-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                          | CI Financial Corp                                                                                                            | CUSIP: 125491AP5<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |      780000 | PA      | $459706.92    | 0.28%             | 2051-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                        | General Electric Co                                                                                                          | CUSIP: 369604BQ5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $982442.51    | 0.60%             | 2023-03-15      | Variable      | 8.10%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/XO MGMT                                     | VistaJet Malta Finance PLC / XO Management Holding Inc                                                                       | CUSIP: 92840JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |      520000 | PA      | $416949.00    | 0.25%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BRISTOW GROUP INC                                          | Bristow Group Inc                                                                                                            | CUSIP: 11040GAA1<br>LEI: 5493005Q24EN3UC1PV68 | Long             | DBT              | CORP              | US        |      500000 | PA      | $460167.42    | 0.28%             | 2028-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DirecTV Financing, LLC                                     | DirecTV Financing, LLC Term Loan                                                                                             | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      355000 | PA      | $344868.30    | 0.21%             | 2027-08-02      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 5YR NOTE (CBT) MAR23                                                                                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         228 | NC      | $-43375.21    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| TOLL ROAD INV PART II                                      | Toll Road Investors Partnership II LP                                                                                        | CUSIP: 88948ABC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      200000 | PA      | $147698.80    | 0.09%             | 2027-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                       | BAT International Finance PLC                                                                                                | CUSIP: 000000000<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |      750000 | PA      | $651554.72    | 0.40%             | 2030-01-16      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| ICELAND BONDCO PLC                                         | Iceland Bondco PLC                                                                                                           | CUSIP: 000000000<br>LEI: 2138002DRBYIA8QXHO36 | Long             | DBT              | CORP              | GB        |     1000000 | PA      | $864399.32    | 0.53%             | 2028-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      565000 | PA      | $495346.09    | 0.30%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                    | Royal Caribbean Cruises Ltd                                                                                                  | CUSIP: 780153BB7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      500000 | PA      | $496125.93    | 0.30%             | 2023-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                     | Asian Development Bank                                                                                                       | CUSIP: 000000000<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    18450000 | PA      | $216257.28    | 0.13%             | 2026-10-06      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP                                      | Owl Rock Capital Corp                                                                                                        | CUSIP: 69121KAF1<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $824930.98    | 0.50%             | 2027-01-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                    | Dryden 50 Senior Loan Fund                                                                                                   | CUSIP: 262431AE9<br>LEI: 5493008NBEE3C4AF3K95 | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $953951.61    | 0.58%             | 2030-07-15      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                        | PURCHASED USD / SOLD IDR                                                                                                     | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |           1 | NC      | $16052.66     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MFRA Trust                                                 | MFA 2021-NQM1 Trust                                                                                                          | CUSIP: 55283FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      104033 | PA      | $89756.99     | 0.05%             | 2065-04-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| LETRA TESOURO NACIONAL                                     | Brazil Letras do Tesouro Nacional                                                                                            | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     8000000 | PA      | $1263331.03   | 0.77%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                             | NRG Energy Inc                                                                                                               | CUSIP: 629377CL4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1326522.44   | 0.81%             | 2029-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                     | Credit Suisse Group AG                                                                                                       | CUSIP: 225401BB3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |      500000 | PA      | $511933.59    | 0.31%             | 2033-11-15      | Fixed         | 9.02%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                    | Royal Caribbean Cruises Ltd                                                                                                  | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      300000 | PA      | $301269.00    | 0.18%             | 2027-08-15      | Fixed         | 11.63%                | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                   | Ford Motor Credit Co LLC                                                                                                     | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      275000 | PA      | $249024.88    | 0.15%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                | Oracle Corp                                                                                                                  | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      750000 | PA      | $802368.42    | 0.49%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                     | Oman Government International Bond                                                                                           | CUSIP: 68205LAS2<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |      300000 | PA      | $301652.40    | 0.18%             | 2031-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding, LLC                                     | Taco Bell Funding LLC                                                                                                        | CUSIP: 87342RAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1417500 | PA      | $1359614.97   | 0.83%             | 2046-05-25      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                   | Brazil Notas do Tesouro Nacional Serie F                                                                                     | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     3100000 | PA      | $539676.84    | 0.33%             | 2027-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                               | Enbridge Inc                                                                                                                 | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     1000000 | PA      | $904217.87    | 0.55%             | 2080-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       45000 | PA      | $29464.45     | 0.02%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| COMMSCOPE TECH LLC                                         | CommScope Technologies LLC                                                                                                   | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |      200000 | PA      | $135840.32    | 0.08%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 91282CFH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1935000 | PA      | $1861076.96   | 1.13%             | 2027-08-31      | Fixed         | 3.13%                 | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital Services LLC                        | PURCHASED USD / SOLD IDR                                                                                                     | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |           1 | NC      | $276.45       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                                       | FS Rialto 2021-FL3                                                                                                           | CUSIP: 30323CAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $936207.70    | 0.57%             | 2036-11-16      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| HOWARD UNIVERSITY                                          | Howard University                                                                                                            | CUSIP: 442851BH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       90000 | PA      | $69837.44     | 0.04%             | 2052-10-01      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                    | Eni SpA                                                                                                                      | CUSIP: 000000000<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |      800000 | PA      | $732063.69    | 0.45%             | 2028-09-19      | Fixed         | 1.13%                 | Yes           |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRUST                           | SoFi Consumer Loan Program 2018-4 Trust                                                                                      | CUSIP: 83406HAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |           0 | PA      | $0.01         | 0.00%             | 2027-11-26      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| SWISS RE FINANCE LUX                                       | Swiss Re Finance Luxembourg SA                                                                                               | CUSIP: 87089NAA8<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |      800000 | PA      | $736592.00    | 0.45%             | 2049-04-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                               | UBS Group AG                                                                                                                 | CUSIP: 902613AJ7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      200000 | PA      | $169500.00    | 0.10%             | 2027-02-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AL NGPL Holdings, LLC                                      | AL NGPL Holdings, LLC Term Loan B                                                                                            | CUSIP: 01021AAB6<br>LEI: 254900WKSN3ZUJ0TO315 | Long             | LON              | CORP              | US        |      364033 | PA      | $358936.65    | 0.22%             | 2028-04-14      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Banco de Bogota SA                                         | Banco de Bogota SA                                                                                                           | CUSIP: 059514AC3<br>LEI: 549300LYHE7LWSKDZT53 | Long             | DBT              | CORP              | CO        |      400000 | PA      | $392036.25    | 0.24%             | 2026-05-12      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                        | Charles Schwab Corp/The                                                                                                      | CUSIP: 808513BD6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |      750000 | PA      | $733500.00    | 0.45%             | 2025-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Driven Brands Funding, LLC                                 | DRIVEN BRANDS FUNDING LLC                                                                                                    | CUSIP: 26208LAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      339500 | PA      | $299410.14    | 0.18%             | 2049-10-20      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                               | Navient Corp                                                                                                                 | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |       70000 | PA      | $61278.91     | 0.04%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                          | HSBC Holdings PLC                                                                                                            | CUSIP: 404280DH9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |      390000 | PA      | $361149.01    | 0.22%             | 2033-08-11      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 A PTT                                    | United Airlines 2020-1 Class A Pass Through Trust                                                                            | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      213404 | PA      | $210404.31    | 0.13%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                   | BX Trust 2022-CLS                                                                                                            | CUSIP: 05609XAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      750000 | PA      | $730966.43    | 0.44%             | 2027-10-13      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                   | MPH Acquisition Holdings LLC                                                                                                 | CUSIP: 553283AD4<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |      105000 | PA      | $81910.50     | 0.05%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                                   | Banco do Brasil SA/Cayman                                                                                                    | CUSIP: 05959LAH6<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |      375000 | PA      | $349622.88    | 0.21%             | 2029-01-11      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Program LLC                       | SoFi Professional Loan Program 2017-E LLC                                                                                    | CUSIP: 83404KAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      300000 | PA      | $285034.68    | 0.17%             | 2040-11-26      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                     | Credit Suisse Group AG                                                                                                       | CUSIP: 225401AR9<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |      275000 | PA      | $178937.40    | 0.11%             | 2027-02-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                           | SMB Private Education Loan Trust 2015-C                                                                                      | CUSIP: 78448RAF3<br>LEI: 549300GD7VLLBVPDNJ81 | Long             | ABS-O            | CORP              | US        |      290000 | PA      | $267639.09    | 0.16%             | 2046-09-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Gray Television, Inc.                                      | Gray Television, Inc. 2018 Term Loan C                                                                                       | CUSIP: 389376AY0<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |       84964 | PA      | $82545.35     | 0.05%             | 2026-01-02      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                        | Macquarie Group Ltd                                                                                                          | CUSIP: 55608JBF4<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     1000000 | PA      | $995797.30    | 0.61%             | 2026-08-09      | Fixed         | 5.11%                 | No            |                  2 | On Loan: —       |
| SELECT MEDICAL CORP                                        | Select Medical Corp                                                                                                          | CUSIP: 816196AT6<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |      205000 | PA      | $194920.15    | 0.12%             | 2026-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AVIATION FIN                                    | Castlelake Aviation Finance DAC                                                                                              | CUSIP: 14856HAA6<br>LEI: 2138006F7SMD1COVC345 | Long             | DBT              | CORP              | IE        |      105000 | PA      | $91367.20     | 0.06%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                   | Fortress Transportation and Infrastructure Investors LLC                                                                     | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |      100000 | PA      | $85311.00     | 0.05%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                       | Bank of America Corp                                                                                                         | CUSIP: 060505EU4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      265000 | PA      | $263032.03    | 0.16%             | 2026-03-10      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                        | PURCHASED IDR / SOLD USD                                                                                                     | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | ID        |           1 | NC      | $-628.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COCA-COLA ICECEK AS                                        | Coca-Cola Icecek AS                                                                                                          | CUSIP: 1912ERAA8<br>LEI: 789000WT80VVLUWJDK41 | Long             | DBT              | CORP              | TR        |     1000000 | PA      | $869076.00    | 0.53%             | 2029-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                   | JP Morgan Mortgage Trust 2017-6                                                                                              | CUSIP: 46649HBC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      446253 | PA      | $319160.35    | 0.19%             | 2048-12-25      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     2985000 | PA      | $2075741.00   | 1.26%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  1 | On Loan: No      |
| NEXSTAR BROADCASTING INC                                   | Nexstar Media Inc                                                                                                            | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |      150000 | PA      | $137603.63    | 0.08%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      985000 | PA      | $811547.66    | 0.49%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  1 | On Loan: No      |
| Octane Receivables Trust                                   | Octane Receivables Trust 2020-1                                                                                              | CUSIP: 67592LAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      765000 | PA      | $739590.91    | 0.45%             | 2025-06-20      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| DORIC NIMROD 2013-1 CL A                                   | Doric Nimrod Air Alpha 2013-1 Class A Pass Through Trust                                                                     | CUSIP: 233283AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GG        |      317505 | PA      | $315087.84    | 0.19%             | 2023-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LETRA TESOURO NACIONAL                                     | Brazil Letras do Tesouro Nacional                                                                                            | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     7000000 | PA      | $1170035.13   | 0.71%             | 2024-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Longtrain Leasing III LLC                                  | Longtrain Leasing III LLC 2015-1                                                                                             | CUSIP: 543190AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1555563 | PA      | $1440036.47   | 0.88%             | 2045-01-15      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | US 2YR NOTE (CBT) MAR23                                                                                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |          23 | NC      | $4813.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SALEM MEDIA GROUP INC.                                     | Salem Media Group Inc                                                                                                        | CUSIP: 794093AG9<br>LEI: 549300CTHBTS2MIXZL54 | Long             | DBT              | CORP              | US        |       40000 | PA      | $38799.75     | 0.02%             | 2024-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                             | ALLSPRING GOVERNMENT MONEY MAR                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     7894544 | NS      | $7894544.45   | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINICAN REPUBLIC                                         | Dominican Republic International Bond                                                                                        | CUSIP: 25714PED6<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      200000 | PA      | $170263.82    | 0.10%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Tele Columbus AG                                           | Tele Columbus AG                                                                                                             | CUSIP: 000000000<br>LEI: 3912004GMFDLY04RUQ19 | Long             | DBT              | CORP              | DE        |      510000 | PA      | $408839.86    | 0.25%             | 2025-05-02      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                                       | Indonesia Treasury Bond                                                                                                      | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 13500000000 | PA      | $874539.52    | 0.53%             | 2025-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                                         | Aqua Finance Trust 2019-A                                                                                                    | CUSIP: 038370AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      172434 | PA      | $162351.50    | 0.10%             | 2040-07-16      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| ONEAMERICA FINL PARTNERS                                   | OneAmerica Financial Partners Inc                                                                                            | CUSIP: 682441AB6<br>LEI: 5493009S1SVD6UNUDB08 | Long             | DBT              | CORP              | US        |       45000 | PA      | $32018.97     | 0.02%             | 2050-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                              | PURCHASED USD / SOLD EUR                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |           1 | NC      | $-141262.36   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Gracie Point International Funding                         | GRACIE POINT INTERNATIONAL FUNDING 2022-2                                                                                    | CUSIP: 38411JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      595000 | PA      | $595087.41    | 0.36%             | 2024-07-01      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                                   | TK Elevator US Newco Inc                                                                                                     | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |       95000 | PA      | $84316.30     | 0.05%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                        | Buckeye Partners LP                                                                                                          | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |      100000 | PA      | $74507.85     | 0.05%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                   | TerraForm Power Operating LLC                                                                                                | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |      369000 | PA      | $321029.41    | 0.20%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                   | Prudential Financial Inc                                                                                                     | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |      270000 | PA      | $227850.30    | 0.14%             | 2050-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 912810SF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      150000 | PA      | $123527.34    | 0.08%             | 2049-02-15      | Fixed         | 3.00%                 | No            |                  1 | On Loan: No      |
| PROSEGUR CASH SA                                           | Prosegur Cash SA                                                                                                             | CUSIP: 000000000<br>LEI: 9598005HY5DEFPU2SM35 | Long             | DBT              | CORP              | ES        |      400000 | PA      | $391578.13    | 0.24%             | 2026-02-04      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                     | Spirit AeroSystems Inc                                                                                                       | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |      250000 | PA      | $263175.00    | 0.16%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                   | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                                                             | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      300000 | PA      | $300966.00    | 0.18%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FREMF Mortgage Trust                                       | FREMF 2020-KF76 Mortgage Trust                                                                                               | CUSIP: 30316EAE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      260640 | PA      | $246874.35    | 0.15%             | 2030-01-25      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| AKELIUS RESIDENTIAL AB                                     | Akelius Residential Property AB                                                                                              | CUSIP: 000000000<br>LEI: 213800REBFN6T3PU8L97 | Long             | DBT              | CORP              | SE        |      251000 | PA      | $257591.06    | 0.16%             | 2078-10-05      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                      | Mission Lane Credit Card Master Trust                                                                                        | CUSIP: 60510MAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1000000 | PA      | $968441.00    | 0.59%             | 2026-09-15      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                             | CFMT 2021-HB7 LLC                                                                                                            | CUSIP: 12530BAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $913803.50    | 0.56%             | 2031-10-27      | Variable      | 2.68%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                          | Imperial Fund Mortgage Trust 2022-NQM3                                                                                       | CUSIP: 45276KAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1130000 | PA      | $930703.60    | 0.57%             | 2067-05-25      | Variable      | 4.46%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                                   | Delta Air Lines Inc / SkyMiles IP Ltd                                                                                        | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |      150000 | PA      | $140995.98    | 0.09%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GOVT OF BERMUDA                                            | Bermuda Government International Bond                                                                                        | CUSIP: 085209AJ3<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |      200000 | PA      | $198630.69    | 0.12%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                    | Simon Property Group LP                                                                                                      | CUSIP: 828807DJ3<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |      120000 | PA      | $87125.64     | 0.05%             | 2050-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| UNIFIN FINANCIERA SA DE                                    | Unifin Financiera SAB de CV                                                                                                  | CUSIP: 90471MAD4<br>LEI: 5493007GRMPGDJG93Z17 | Long             | DBT              | CORP              | MX        |      600000 | PA      | $15000.00     | 0.01%             | 2029-01-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIBAIL-RODAMCO-WESTFLD                                    | Unibail-Rodamco-Westfield SE                                                                                                 | CUSIP: 000000000<br>LEI: 969500SHQITWXSIS7N89 | Long             | DBT              |  | FR        |      400000 | PA      | $361674.91    | 0.22%             | 2023-07-25      | Fixed         | 2.13%                 | Yes           |                  2 | On Loan: No      |
| PROSUS NV                                                  | Prosus NV                                                                                                                    | CUSIP: 74365PAD0<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $311913.39    | 0.19%             | 2050-08-03      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                                      | Cablevision Lightpath LLC                                                                                                    | CUSIP: 12687GAB5<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |      100000 | PA      | $74292.72     | 0.05%             | 2028-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Invesco Taxable Municipal Bond                             | Invesco Taxable Municipal Bond                                                                                               | CUSIP: 46138G805<br>LEI: 5493005CJDPIU03Q9Y94 | Long             | EC               | RF                | US        |       30600 | NS      | $786726.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| RENT-A-CENTER INC                                          | Rent-A-Center Inc/TX                                                                                                         | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |      230000 | PA      | $186058.11    | 0.11%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| Mileage Plus Holdings LLC                                  | Mileage Plus Holdings LLC 2020 Term Loan B                                                                                   | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      607500 | PA      | $624054.38    | 0.38%             | 2027-06-21      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 91282CEQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     5000000 | PA      | $4821484.40   | 2.94%             | 2025-05-15      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| LOTTOMATICA SPA/ROMA                                       | Lottomatica SpA/Roma                                                                                                         | CUSIP: 000000000<br>LEI: 81560046335277E43118 | Long             | DBT              | CORP              | IT        |      200000 | PA      | $208041.00    | 0.13%             | 2025-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                   | Madison Park Funding XXIX LTD                                                                                                | CUSIP: 55820CAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      700000 | PA      | $673552.00    | 0.41%             | 2030-10-18      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                           | ABN AMRO Bank NV                                                                                                             | CUSIP: 000000000<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $453592.27    | 0.28%             | 2027-09-22      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MFRA Trust                                                 | MFA 2020-NQM3 Trust                                                                                                          | CUSIP: 552757AD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $786998.00    | 0.48%             | 2065-01-26      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      185000 | PA      | $183988.28    | 0.11%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  1 | On Loan: No      |
| ENCINO ACQUISITION PARTN                                   | Encino Acquisition Partners Holdings LLC                                                                                     | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |      425000 | PA      | $388445.75    | 0.24%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BB-UBS Trust                                               | BB-UBS Trust                                                                                                                 | CUSIP: 05490AAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      150000 | PA      | $128241.69    | 0.08%             | 2030-06-05      | Variable      | 3.56%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                                       | Oceaneering International Inc                                                                                                | CUSIP: 675232AB8<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |      400000 | PA      | $368427.29    | 0.22%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                           | CIFC Funding 2018-I Ltd                                                                                                      | CUSIP: 12551RAC2<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $964750.00    | 0.59%             | 2031-04-18      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                    | Goldman Sachs Group Inc/The                                                                                                  | CUSIP: 38144GAE1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      550000 | PA      | $448085.94    | 0.27%             | 2026-05-10      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority  | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                                                                             | CUSIP: 5742182N2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |       65000 | PA      | $64719.39     | 0.04%             | 2023-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                     | Credit Suisse Group AG                                                                                                       | CUSIP: 225401AT5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |      250000 | PA      | $199670.86    | 0.12%             | 2027-02-02      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Bojangles Issuer, LLC                                      | Bojangles Issuer LLC                                                                                                         | CUSIP: 09748RAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      699712 | PA      | $627313.95    | 0.38%             | 2050-10-20      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Vertical US Newco Inc                                      | Vertical US Newco Inc Term Loan B                                                                                            | CUSIP: 000000000<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |       87833 | PA      | $84374.57     | 0.05%             | 2027-07-30      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust                              | Commonbond Student Loan Trust 2018-C-GS                                                                                      | CUSIP: 20267XAD5<br>LEI: 549300O1CSZVJJTIR319 | Long             | ABS-O            | CORP              | US        |       67898 | PA      | $64363.48     | 0.04%             | 2046-02-25      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CAIXA GERAL DE DEPOSITOS                                   | Caixa Geral de Depositos SA                                                                                                  | CUSIP: 000000000<br>LEI: TO822O0VT80V06K0FH57 | Long             | DBT              | CORP              | PT        |      400000 | PA      | $426073.15    | 0.26%             | 2028-06-28      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| City of Chicago IL                                         | CHICAGO IL                                                                                                                   | CUSIP: 167486M63<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |        5000 | PA      | $5000.00      | 0.00%             | 2029-01-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                                   | Foundation Finance Trust 2019-1                                                                                              | CUSIP: 35041JAA3<br>LEI: 5493002KPTN6JUQ40J20 | Long             | ABS-O            | CORP              | US        |      163045 | PA      | $159661.36    | 0.10%             | 2034-11-15      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                     | United States Treasury Note/Bond                                                                                             | CUSIP: 912828P38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     3000000 | PA      | $2994592.50   | 1.82%             | 2023-01-31      | Fixed         | 1.75%                 | No            |                  1 | On Loan: No      |
| GUARDIAN LIFE INSURANCE                                    | Guardian Life Insurance Co of America/The                                                                                    | CUSIP: 401378AC8<br>LEI: N1YIDVMMKBHFYCCAIX69 | Long             | DBT              | CORP              | US        |      200000 | PA      | $163203.94    | 0.10%             | 2077-01-24      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Toorak Mortgage Corp.                                      | TRK 2021-INV2 Trust                                                                                                          | CUSIP: 87267TAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      873625 | PA      | $711905.54    | 0.43%             | 2056-11-25      | Variable      | 2.12%                 | No            |                  2 | On Loan: No      |
| SIGMA HOLDCO BV                                            | Sigma Holdco BV                                                                                                              | CUSIP: 000000000<br>LEI: 254900RAPCKVT00GAO59 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $382685.69    | 0.23%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Province of Santa Fe                                       | Province of Santa Fe                                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AR        |      175000 | PA      | $167853.19    | 0.10%             | 2023-03-23      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Zaxby's Funding LLC                                        | ZAXBY'S FUNDING LLC                                                                                                          | CUSIP: 98920MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      691250 | PA      | $556371.92    | 0.34%             | 2051-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| ADLER PELZER HLDG GMBH                                     | Adler Pelzer Holding GmbH                                                                                                    | CUSIP: 000000000<br>LEI: 984500950ABB2CB7E742 | Long             | DBT              | CORP              | DE        |      800000 | PA      | $725876.08    | 0.44%             | 2024-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                       | Bank of America Corp                                                                                                         | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $876116.39    | 0.53%             | 2027-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| SES SA                                                     | SES SA                                                                                                                       | CUSIP: 000000000<br>LEI: 5493008JPA4HYMH1HX51 | Long             | DBT              | CORP              | LU        |      575000 | PA      | $488467.51    | 0.30%             | 2026-05-27      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| Coinstar Funding, LLC                                      | Coinstar Funding LLC Series 2017-1                                                                                           | CUSIP: 19260MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1053675 | PA      | $805889.63    | 0.49%             | 2047-04-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                    | International Game Technology PLC                                                                                            | CUSIP: 000000000<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |      350000 | PA      | $355716.15    | 0.22%             | 2026-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SFAVE Commercial Mortgage Securities Trust                 | SFAVE Commercial Mortgage Securities Trust 2015-5AVE                                                                         | CUSIP: 78413MAQ1<br>LEI: 549300FIGODFFTOAAU64 | Long             | ABS-MBS          | CORP              | US        |      700000 | PA      | $365222.69    | 0.22%             | 2043-01-05      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| DRB PRIME STUDENT LOAN TRUST                               | Laurel Road Prime Student Loan Trust 2017-C                                                                                  | CUSIP: 518889AE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      295202 | PA      | $268478.43    | 0.16%             | 2042-11-25      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| Eurex Deutschland                                          | EURO-BUND FUTURE MAR23                                                                                                       | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |         -38 | NC      | $339189.91    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                                   | Pattern Energy Operations LP / Pattern Energy Operations Inc                                                                 | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      300000 | PA      | $268990.34    | 0.16%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                              | Westlake Corp                                                                                                                | CUSIP: 000000000<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |      750000 | PA      | $647825.33    | 0.39%             | 2029-07-17      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer