# EDGAR Filing Document

**Accession Number:** 0000357204
**File Stem:** 0001752724-23-041976
**Filing Date:** 2023-2
**Character Count:** 76103
**Document Hash:** d682d21b92f79a4f3a8dc5dc572d5253
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041976.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041976

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Segall Bryant & Hamill Trust
- **CENTRAL INDEX KEY:** 0000357204
- **IRS NUMBER:** 510263765
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03373
- **FILM NUMBER:** 23672243

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE FUNDS INC
- **DATE OF NAME CHANGE:** 19860506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUNMONT WEST FUND INC
- **DATE OF NAME CHANGE:** 19820520

## Series and Classes Contracts Data

### Segall Bryant & Hamill Plus Bond Fund (Series ID: S000006744)

| Class ID   | Class Name                                                | Ticker Symbol   |
|:---|:---|:---|
| C000018311 | Segall Bryant & Hamill Plus Bond Fund-Retail Class        | WTIBX           |
| C000052673 | Segall Bryant & Hamill Plus Bond Fund-Institutional Class | WIIBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Segall Bryant & Hamill Trust

- **b. Investment Company Act file number:** 811-03373

- **c. CIK number of Registrant:** 0000357204

- **d. LEI of Registrant:** 549300D12PXTPNG46V56

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** SBH PLUS BOND FUND

- **b. EDGAR series identifier (if any):** S000006744

- **c. LEI of Series:** 549300GKJYG0KR68NL38

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

- **a. Date of fiscal year-end:** 2022-12-31

- **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:** $682694399.22

**Total Liabilities:** $2051572.57

**Net Assets:** $680642826.65

**Cash Not Reported:** $10390266.71

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 660.97719000 | **1-Year:** 9810.39330600 | **5-Year:** 66029.80993500 | **10-Year:** 127323.03350700 | **30-Year:** 19956.29005400

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

- **3-Month:** 0.00000000 | **1-Year:** 5619.92933700 | **5-Year:** 28518.79606800 | **10-Year:** 8606.77294900 | **30-Year:** 35.76068500

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018311 | -0.70%               | 3.42%                | -0.69%               |
| Class ID C000052673 | -0.69%               | 3.36%                | -0.58%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2985985.48             | $-3811097.61                               |
| Month 2  | $-1886737.54             | $22697122.10                               |
| Month 3  | $-658387.03              | $-5967297.77                               |

### Schedule of Portfolio Investments

| Name                                                   | Title                                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DENVER COLO PUB SCHS                                   | Denver Colorado Public Schools 4.242%, DUE 12/15/2037                    | CUSIP: 249218BC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3549461.37   | 0.52%             | 2037-12-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 2.0%, Due 09/01/2050               | CUSIP: 31418DSH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6019717 | PA      | $4925549.17   | 0.72%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Life Insurance Co.                 | Northwestern Mutual Life Insurance Company (The) 3.85%, Due 09/30/2047   | CUSIP: 668138AA8<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |   6775000 | PA      | $5168132.80   | 0.76%             | 2047-09-30      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Notes                           | US Treasury Note .25% Due 05/31/2025                                     | CUSIP: 912828ZT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    235000 | PA      | $213335.94    | 0.03%             | 2025-05-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| GATX Corporation                                       | GATX Corporation 3.50%, Due 06/01/2032                                   | CUSIP: 361448BJ1<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |   5102000 | PA      | $4271330.57   | 0.63%             | 2032-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                           | U.S. Treasury Notes 2.375%, Due 05/15/2027                               | CUSIP: 912828X88<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3725000 | PA      | $3472834.97   | 0.51%             | 2027-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Qorvo Inc                                              | Qorvo Inc 4.375% Due 10/15/2029                                          | CUSIP: 74736KAH4<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |    775000 | PA      | $685286.00    | 0.10%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United Rentals, Inc.                                   | United Rentals North America 3.875% Due 02/15/2031                       | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   5295000 | PA      | $4438745.55   | 0.65%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 3.00%, DUE 08/01/2050              | CUSIP: 31418DRT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5400742 | PA      | $4766043.16   | 0.70%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 4.5%, due 9/1/2041                 | CUSIP: 3138EKUM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1104892 | PA      | $1095312.21   | 0.16%             | 2041-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Virginia Electric and Power Company                    | Virginia Electric & Power Company 6.000%, Due 05/15/2037                 | CUSIP: 927804FB5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |   5581000 | PA      | $5772852.85   | 0.85%             | 2037-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | Federal Home Loan Mortgage Corporation 4.000%, Due 06/01/2037            | CUSIP: 3132D6CG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3761777 | PA      | $3671364.15   | 0.54%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Silgan Holdings Inc.                                   | Silgan Holdings Incorporated 1.40%, Due 04/01/2026                       | CUSIP: 827048AX7<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2646756.36   | 0.39%             | 2026-04-01      | Fixed         | 1.40%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Corp                            | GSR Mortgage Loan Trust 6%, due 3/25/2035                                | CUSIP: 36242DF32<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    585878 | PA      | $378412.12    | 0.06%             | 2035-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Compass Minerals International Inc.                    | Compass Minerals International, Inc 6.750% Due 12/01/2027                | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   4430000 | PA      | $4252800.00   | 0.62%             | 2027-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Banc of America Funding Corporation                    | Banc of America Funding Trust 5.5%, due 8/25/2035                        | CUSIP: 05946XZY2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     44906 | PA      | $43103.13     | 0.01%             | 2035-08-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNMA UMBS 3.0%, DUE 06/01/2050                                           | CUSIP: 31418DQA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5410723 | PA      | $4778288.64   | 0.70%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc.                                       | Hanesbrands, Inc. 4.625%, Due 05/15/2024                                 | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |   2491000 | PA      | $2412602.30   | 0.35%             | 2024-05-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                           | U.S. Treasury Bonds 1.625%, Due 11/15/2050                               | CUSIP: 912810SS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $8330000.00   | 1.22%             | 2050-11-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | FHLMC Super 30Y Fixed 5.00%, Due 09/01/2052                              | CUSIP: 3132DWET6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   7574872 | PA      | $7470117.06   | 1.10%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sirius Xm Radio Inc                                    | Sirius XM Radio, Inc. 5.50%, Due 07/01/2029                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2738340.00   | 0.40%             | 2029-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NORTH TEX TWY AUTH                                     | North Texas Tollway System 2.327% Due 01/01/2033                         | CUSIP: 66285WA63<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   4920000 | PA      | $3794848.15   | 0.56%             | 2033-01-01      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| PDC Energy, Inc.                                       | PDC Energy, Inc. 6.125% Due 09/15/2024                                   | CUSIP: 69327RAG6<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |   2932000 | PA      | $2915287.60   | 0.43%             | 2024-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                       | Federal National Mortgage Association 2.50%, Due 06/01/2050              | CUSIP: 3140QDTS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8776149 | PA      | $7533983.09   | 1.11%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                               | HCA Inc 3.7%, Due 09/01/2030                                             | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2156190.55   | 0.32%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | FHLMC Super 30Y Fixed 5.500%, Due 12/01/2052                             | CUSIP: 3132DWFS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   6671917 | PA      | $6689824.95   | 0.98%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | Federal Home Loan Mortgage Corporation 4.5%, due 9/1/2044                | CUSIP: 3128MJU99<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    603038 | PA      | $593076.13    | 0.09%             | 2044-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 5.5%, due 5/1/2039                 | CUSIP: 31416CHP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    322151 | PA      | $334069.58    | 0.05%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| XPO Inc                                                | Con-Way Incorporated 6.70%, Due 05/01/2034                               | CUSIP: 12612WAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $796770.00    | 0.12%             | 2034-05-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Summit Materials, LLC/Summit Materials Finance Corp.   | Summit Materials LLC 6.5%, Due 03/15/2027                                | CUSIP: 86614RAM9<br>LEI: 549300C97P3BW8QROE16 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1420958.01   | 0.21%             | 2027-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Cox Communications, Inc.                               | Cox Communications Incorporated 2.60%, Due 06/15/2031                    | CUSIP: 224044CN5<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |   5325000 | PA      | $4240588.09   | 0.62%             | 2031-06-15      | Fixed         | 2.60%                 | Yes           |                  2 | On Loan: No      |
| Netflix, Inc.                                          | Netflix, Inc. 4.875%, Due 06/15/2030                                     | CUSIP: 64110LAV8<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1142433.80   | 0.17%             | 2030-06-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                | California Municiapal Financial Authority 3.637%, Due 07/01/2030         | CUSIP: 13049GAB6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   6915000 | PA      | $5745303.55   | 0.84%             | 2030-07-01      | Fixed         | 3.64%                 | Yes           |                  2 | On Loan: No      |
| Dick's Sporting Goods, Inc.                            | Dick's Sporting Goods Inc 4.1%, Due 01/15/2052                           | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $1934031.27   | 0.28%             | 2052-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Provident Funding Associates LP / PFG Finance Corp     | Provident Funding Associates LP/PFG Finance Corp. 6.375%, Due 06/15/2025 | CUSIP: 74387UAJ0<br>LEI: 54930043BMDE130FJ617 | Long             | DBT              | CORP              | US        |   6295000 | PA      | $5476650.00   | 0.80%             | 2025-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Securities Trust             | Bear Stearns Asset Backed Security 5.5%, due 9/25/2033                   | CUSIP: 07384YKF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2219922 | PA      | $2029417.27   | 0.30%             | 2033-09-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Allegion US Holding Company Inc                        | Allegion US Holding Co 3.55% Due 10/01/2027                              | CUSIP: 01748NAE4<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2301560.64   | 0.34%             | 2027-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Tenaska Virginia Partners L.P.                         | Tenaska Virginia Partners, L.P. 6.119% Due 03/30/2024                    | CUSIP: 88031QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30576 | PA      | $30188.11     | 0.00%             | 2024-03-30      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association 3.0%, Due 12/20/2051            | CUSIP: 36179WTZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8136272 | PA      | $7269970.79   | 1.07%             | 2051-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                           | Tenet Healthcare Corp 6.125%, Due 10/01/2028                             | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   4108000 | PA      | $3677974.56   | 0.54%             | 2028-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Block Financial Llc                                    | Block Financial LLC 3.875% Due 08/15/2030                                | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5340000 | PA      | $4671969.95   | 0.69%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                               | Vistra Operations Company, LLC 5.000%, DUE 07/31/2027                    | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   5100000 | PA      | $4733276.85   | 0.70%             | 2027-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | FHLMC Super 30Y Fixed 3.50%, Due 02/01/2052                              | CUSIP: 3132DWDF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |  16903522 | PA      | $15374006.83  | 2.26%             | 2052-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 2.50%, Due 07/01/2051              | CUSIP: 31418D2M3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3448288 | PA      | $2928430.95   | 0.43%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Dick's Sporting Goods, Inc.                            | Dick's Sporting Goods, Inc. 3.150%, Due 07/15/2032                       | CUSIP: 253393AF9<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |   3825000 | PA      | $2996556.22   | 0.44%             | 2032-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Group 1 Automotive, Inc.                               | Group 1 Automotive Inc 4.00% Due 08/15/2028                              | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   5438000 | PA      | $4602887.43   | 0.68%             | 2028-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FedEx Corporation                                      | Fedex Corporation 3.900%, Due 02/01/2023                                 | CUSIP: 31428XBA3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |   6190000 | PA      | $5262483.71   | 0.77%             | 2035-02-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                          | Ford Motor Credit Company 3.3750%, Due 11/13/2025                        | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $4972070.62   | 0.73%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | Federal Home Loan Mortgage Corporation 4.604%, due 9/1/2034              | CUSIP: 31349TE72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     25880 | PA      | $26336.75     | 0.00%             | 2034-09-01      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN        | City of San Francisco, CA, Public Utilities Comm. on Water Revenue       | CUSIP: 79765RSV2<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2256426.90   | 0.33%             | 2040-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 3.5%, due 8/1/2035                 | CUSIP: 31418BTL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3624865 | PA      | $3465277.53   | 0.51%             | 2035-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                   | Dish DBS Corporation 7.75% Due 07/01/2026                                | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1653099.50   | 0.24%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Quanta Services, Inc.                                  | Quanta Services, Inc. 2.90% Due 10/01/2030                               | CUSIP: 74762EAF9<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $6577767.76   | 0.97%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                             | Aviation Capital Group LLC 3.875%, Due 05/01/2023                        | CUSIP: 05369AAC5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   4337000 | PA      | $4301721.97   | 0.63%             | 2023-05-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                       | Occidental Petroleum Corporation 7.5% Due 05/01/2031                     | CUSIP: 674599DD4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   6085000 | PA      | $6501639.95   | 0.96%             | 2031-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Service Corporation International                      | Service Corporation International 4.625%, due 12/15/2027                 | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    483000 | PA      | $451146.15    | 0.07%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                       | Commonwealth of Massachusetts 2.663% Due 09/01/2039                      | CUSIP: 57582RYN0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2032894 | PA      | $1613055.51   | 0.24%             | 2039-09-01      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| Dt Auto Owner Trust 2019-4                             | DT Auto Owner Trust 2.850%, Due 07/15/2025                               | CUSIP: 23343JAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5020000 | PA      | $4930581.25   | 0.72%             | 2025-07-15      | Fixed         | 2.85%                 | Yes           |                  2 | On Loan: No      |
| Amkor Technology, Inc.                                 | Amkor Technology, Inc. 6.625%, Due 09/15/2027                            | CUSIP: 031652BK5<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |   4422000 | PA      | $4376093.76   | 0.64%             | 2027-09-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| FMR Corp.                                              | FMR, LLC 6.450%, Due 11/15/2023                                          | CUSIP: 30251BAB4<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |   2575000 | PA      | $2635909.23   | 0.39%             | 2039-11-15      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | Federal Home Loan Mortgage Corporation 6%, due 11/1/2036                 | CUSIP: 3128LXUK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    216055 | PA      | $225717.94    | 0.03%             | 2036-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDL FACS AUTH                               | California Educational Facilities Authority 4.842%, due 10/1/2048        | CUSIP: 130179QH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3635000 | PA      | $3100995.60   | 0.46%             | 2048-10-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard Inc.                          | Alimentation Couche-Tard, Inc. 3.55%, Due 7/26/2027                      | CUSIP: 01626PAH9<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | US        |   3810000 | PA      | $3521472.51   | 0.52%             | 2027-07-26      | Fixed         | 3.55%                 | Yes           |                  2 | On Loan: No      |
| AMC Networks Inc                                       | AMC Networks, Inc. 4.75%, Due 08/01/2025                                 | CUSIP: 00164VAE3<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   3965000 | PA      | $3013400.00   | 0.44%             | 2025-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association 5.50%, Due 09/01/2052           | CUSIP: 36179XFK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7585139 | PA      | $7638578.97   | 1.12%             | 2052-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| H&E Equipment Services, Inc.                           | H&E Equipment Services, Inc 3.875% Due 12/15/2028                        | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |   5550000 | PA      | $4727434.50   | 0.69%             | 2028-12-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| BWX Technologies Inc                                   | BWX Technologies, Inc. 4.125% Due 06/30/2028                             | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   4169000 | PA      | $3746888.75   | 0.55%             | 2028-06-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Rayonier L P                                           | Rayonier LP 2.750%, Due 05/17/2031                                       | CUSIP: 75508XAA4<br>LEI: 5493004X96PV3VY6KB95 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $4820178.90   | 0.71%             | 2031-05-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc.                    | Anheuser-Busch InBev Worldwide, Inc. 4.3750%, Due 04/15/2038             | CUSIP: 035240AM2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |   3930000 | PA      | $3513068.07   | 0.52%             | 2038-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Tennessee Gas Pipeline Company                         | Tennessee Gas Pipeline Co. LLC 8.375%, Due 6/15/2032                     | CUSIP: 880451AW9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5284000 | PA      | $6017535.18   | 0.88%             | 2032-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CALIF REGL ARPT AUTH                    | San Diego County Regional Airport Authority 5.594% Due 07/01/2043        | CUSIP: 79742GAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3135000 | PA      | $3044242.06   | 0.45%             | 2043-07-01      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | FHLMC Super 30Y Fixed 3% DUE 07/1/2050                                   | CUSIP: 3132DWAW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1803519 | PA      | $1474407.35   | 0.22%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Masco Corporation                                      | Masco Corporation 6.5%, Due 8/15/2032                                    | CUSIP: 574599AY2<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |   6205000 | PA      | $6351864.84   | 0.93%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Aircastle Limited                                      | Aircastle Ltd. 5.000%, DUE 04/01/2023                                    | CUSIP: 00928QAP6<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2995147.62   | 0.44%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nevada Power Company                                   | Nevada Power Company 6.75%, Due 7/1/2037                                 | CUSIP: 641423BU1<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |   3956000 | PA      | $4343095.91   | 0.64%             | 2037-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Company                                  | WELLS FARGO & COMPANY 3.584% DUE 05/22/2028                              | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   9635000 | PA      | $8946050.00   | 1.31%             | 2028-05-22      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Pinnacle West Capital Corporation                      | Pinnacle West Cap Corporation 1.30%, Due 06/15/2025                      | CUSIP: 723484AH4<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |   4327000 | PA      | $3939292.45   | 0.58%             | 2025-06-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.          | CCO Holdings, LLC 5.0% DUE 02/01/2028                                    | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4140000 | PA      | $3759078.60   | 0.55%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                           | U.S. Treasury Bonds 2.375%, Due 11/15/2049                               | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15415000 | PA      | $8295798.98   | 1.22%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Investment Trust                | American Home Mortgage Investment Trust 6%, due 2/25/2045                | CUSIP: 02660TCJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    979097 | PA      | $953559.64    | 0.14%             | 2045-02-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 5.5%, due 5/1/2036                 | CUSIP: 31410FSD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    456108 | PA      | $471843.34    | 0.07%             | 2036-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CALIF                                       | University of California 4.601% Due 05/15/2031                           | CUSIP: 91412GTG0<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   2865000 | PA      | $2813835.40   | 0.41%             | 2031-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Transcontinental Gas Pipe Line Company, LLC            | Transcontinental Gas Pipe Line 7.850, Due 02/01/2026                     | CUSIP: 893574AH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4315000 | PA      | $4605248.39   | 0.68%             | 2026-02-01      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| PDC Energy, Inc.                                       | PDC Energy Inc 5.750%, Due 05/15/2026                                    | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4772850.00   | 0.70%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | Federal Home Loan Mortgage Corporation 5.5%, due 1/1/2036                | CUSIP: 3128K2LH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    156470 | PA      | $162177.41    | 0.02%             | 2036-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dell Inc                                               | Dell, Inc. 7.1%, Due 4/15/2028                                           | CUSIP: 247025AE9<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |   4492000 | PA      | $4790064.05   | 0.70%             | 2028-04-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 4.000%, Due 06/01/2037             | CUSIP: 31418EGM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4277720 | PA      | $4174905.82   | 0.61%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Fraser Timber Co Ltd.                             | West Fraser Timber Co., Ltd. 4.35%, Due 10/15/2024                       | CUSIP: 952845AE5<br>LEI: 5493005WD1ZK6WBVR988 | Long             | DBT              | CORP              | US        |   5425000 | PA      | $5275757.65   | 0.78%             | 2024-10-15      | Fixed         | 4.35%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | Federal Home Loan Mortgage Corporation 5.5%, due 6/1/2035                | CUSIP: 3128MJB74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     37801 | PA      | $39155.97     | 0.01%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                       | Pacific Gas & Electric Company 1.70%, Due 11/15/2023                     | CUSIP: 694308JY4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2761000 | PA      | $2672151.90   | 0.39%             | 2023-11-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                       | NRG Energy, Inc. 5.25%, Due 06/15/2029                                   | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3972330.00   | 0.58%             | 2029-06-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| The Goodyear Tire & Rubber Company                     | Goodyear Tire & Rubber 5.0%, Due 07/15/2029                              | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    500000 | PA      | $417074.80    | 0.06%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fomento Economico Mexicano S A B de C V                | Fomento Economico Mexicano S.A.B. de C.V. 2.875%, Due 5/10/2023          | CUSIP: 344419AA4<br>LEI: 549300A8MDWDJNMLV153 | Long             | DBT              | CORP              | MX        |   2978000 | PA      | $2946641.66   | 0.43%             | 2023-05-10      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corporation                                     | Oracle Corporation 6.250%, Due 11/09/2032                                | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2590000 | PA      | $2710748.03   | 0.40%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                      | District of Columbia Income Tax 5.591% Due 12/01/2034                    | CUSIP: 25477GCY9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2880000 | PA      | $2991989.66   | 0.44%             | 2034-12-01      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JP Morgan Chase & Company 2.739%, Due 10/15/2030                         | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  10430000 | PA      | $8746765.40   | 1.29%             | 2030-10-15      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 4.5%, due 8/1/2044                 | CUSIP: 31418BGP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    286027 | PA      | $280980.90    | 0.04%             | 2044-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 4.5%, due 12/1/2043                | CUSIP: 31418A3J5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    839193 | PA      | $824391.47    | 0.12%             | 2043-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association 3.0%, Due 02/20/2052            | CUSIP: 36179WXK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1781558 | PA      | $1586372.16   | 0.23%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                          | Netflix, Inc. 4.875%, Due 04/15/2028                                     | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $965586.37    | 0.14%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Vici Properties Inc                                    | Vici Properties Note 5.625%, Due 05/01/2024                              | CUSIP: 92564RAF2<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |   5199000 | PA      | $5148361.74   | 0.76%             | 2024-05-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Ventas Realty L.P./Ventas Capital Corp.                | Ventas Realty, L.P. 3.500%, Due 02/4/2023                                | CUSIP: 92277GAP2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2917995.87   | 0.43%             | 2024-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Teleflex Incorporated                                  | Teleflex, Inc. 4.625%, due 11/15/2027                                    | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    755000 | PA      | $719582.95    | 0.11%             | 2027-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                           | U.S. Treasury Bonds 2.875%; DUE 05/15/2043                               | CUSIP: 912810RB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14805000 | PA      | $12084002.97  | 1.78%             | 2043-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | FHLMC Super 30Y Fixed 3.0%, Due 09/01/2050                               | CUSIP: 3132DV7D1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGA              | US        |   6896224 | PA      | $6075900.05   | 0.89%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRINITY RAIL LEASING 2022 LLC                          | Trinity Rail Leasing L.P. Series 22-1 Class A                            | CUSIP: 89656RAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4926147 | PA      | $4550609.30   | 0.67%             | 2052-05-19      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association 3.0%, Due 09/20/2051            | CUSIP: 36179WNF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8645240 | PA      | $7734419.90   | 1.14%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | Federal Home Loan Mortgage Corporation 6.5%, due 9/1/2037                | CUSIP: 3128M42W2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    403776 | PA      | $420241.26    | 0.06%             | 2037-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association 3.50%, Due 12/20/2051           | CUSIP: 36179WT24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9221270 | PA      | $8473282.81   | 1.24%             | 2051-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc.                                  | Freeport-McMoran Copper & Gold, Inc. 3.875%, Due 3/15/2023               | CUSIP: 35671DAZ8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   4687000 | PA      | $4674204.49   | 0.69%             | 2023-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 4.5%, due 6/1/2044                 | CUSIP: 31418BFM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    145226 | PA      | $142664.57    | 0.02%             | 2044-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Phhmc Tr                                               | PHHMC Trust FR, due 5/18/2037                                            | CUSIP: 69337GAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    268303 | PA      | $256222.54    | 0.04%             | 2037-05-18      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WASH                                      | Port of Seattle Washington 3.755% Due 05/01/2036                         | CUSIP: 735389ZE1<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1654520.95   | 0.24%             | 2036-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 3.0%, Due 09/01/2050               | CUSIP: 31418DSK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4086152 | PA      | $3620124.35   | 0.53%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                           | U.S. Treasury Bonds 2.50%, DUE 02/15/2045                                | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17675000 | PA      | $13306651.32  | 1.96%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                           | U.S. Treasury Notes 2.25%, Due 11/15/2025                                | CUSIP: 912828M56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25915000 | PA      | $24528142.71  | 3.60%             | 2025-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 5.00%, Due 09/01/2052              | CUSIP: 31418EJF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7989392 | PA      | $7878904.05   | 1.16%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Qorvo Inc                                              | Qorvo Inc 1.750%, Due 12/15/2024                                         | CUSIP: 74739DAA2<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |   2235000 | PA      | $2058323.25   | 0.30%             | 2024-12-15      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H                                  | National Fin Auth NH Fed Lease 3.7780%, Due 01/01/2036                   | CUSIP: 63607VAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4522702.80   | 0.66%             | 2036-01-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                           | U.S. Treasury Bonds 3.125%, DUE 11/15/2041                               | CUSIP: 912796XS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19100000 | PA      | $16504339.80  | 2.42%             | 2041-11-15      | None          | 3.12%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp.                                      | Lamar Media Corporation 4.8750%, Due 01/15/2029                          | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1560900.53   | 0.23%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Teleflex Incorporated                                  | TELEFLEX INC 4.25% Due 06/01/2028                                        | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |   2986000 | PA      | $2725799.96   | 0.40%             | 2028-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH                      | Virginia Small Business Financing Authority 4.2%, due 7/1/2050           | CUSIP: 928104MD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7451628.00   | 1.09%             | 2050-07-01      | Variable      | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Summit Materials, LLC/Summit Materials Finance Corp.   | Summit Materials, LLC 5.25%, Due 01/15/2029                              | CUSIP: 86614RAN7<br>LEI: 549300C97P3BW8QROE16 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1629293.75   | 0.24%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| IIP Operating Partnership LP                           | IIP Oper Partnership 5.50%, Due 05/25/2026                               | CUSIP: 44988FAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4615000 | PA      | $4086445.39   | 0.60%             | 2026-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Service Corporation International                      | Service Corporation International 5.125%, Due 06/01/2029                 | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   4575000 | PA      | $4289175.91   | 0.63%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Range Resources Corp.                                  | Range Resources Corporation 4.875%, Due 5/15/2025                        | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4179573.51   | 0.61%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                       | Federal National Mortgage Association 3.00%, Due 09/01/2050              | CUSIP: 3140X9YG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5474104 | PA      | $4875149.51   | 0.72%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Renaissance Mtg Ac                                     | Renaissance Home Equity Loan Trust 4.781%, due 8/25/2035                 | CUSIP: 75970NAN7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    358402 | PA      | $336720.07    | 0.05%             | 2035-08-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                          | Netflix Inc 6.375% Due 05/15/2029                                        | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1029287.39   | 0.15%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                | New York City Transitional Finance Authority e Tax Secured Revenue       | CUSIP: 64971XGH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7665000 | PA      | $6890918.55   | 1.01%             | 2032-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | Federal Home Loan Mortgage Corporation 5.5%, due 7/1/2036                | CUSIP: 3128LXQD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    345313 | PA      | $358376.80    | 0.05%             | 2036-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                        | SBA Tower Trust 2.836% DUE 01/15/2025                                    | CUSIP: 78403DAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9430487.00   | 1.39%             | 2050-01-15      | Fixed         | 2.84%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | FHLMC Super 30Y Fixed 3.50%, Due 02/01/2052                              | CUSIP: 3132DWC92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   9070607 | PA      | $8249877.89   | 1.21%             | 2052-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 6%, due 2/1/2038                   | CUSIP: 31410GYD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250469 | PA      | $259863.18    | 0.04%             | 2038-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 5.5%, due 10/1/2035                | CUSIP: 31402RRS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    273791 | PA      | $281950.14    | 0.04%             | 2035-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Vontier Corporation                                    | Vontier Corporation 144A 2.400%, Due 04/01/2028                          | CUSIP: 928881AD3<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |   5550000 | PA      | $4434647.36   | 0.65%             | 2028-04-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 6%, due 5/1/2038                   | CUSIP: 31410KJY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    409977 | PA      | $427681.80    | 0.06%             | 2038-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | FHLMC Super 30Y Fixed 4.000%, Due 05/01/2052                             | CUSIP: 3132DWDU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   8681738 | PA      | $8143924.77   | 1.20%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL TEX REGL MOBILITY AUTH                         | Central Texas Regional Mobility Authority 3.593% Due 01/01/2042          | CUSIP: 155498KA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4950000 | PA      | $3662247.60   | 0.54%             | 2042-01-01      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corporation Membership                | Oglethorpe Power Corporation 4.500% Due 04/01/2047                       | CUSIP: 677050AR7<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |   2640000 | PA      | $2110200.71   | 0.31%             | 2047-04-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| GTP Acquisition Partners I, LLC                        | GTP Acquisition Partners I LLC 3.482%, Due 6/16/2025                     | CUSIP: 36246MAU3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10800000 | PA      | $10060561.80  | 1.48%             | 2025-06-16      | Fixed         | 3.48%                 | Yes           |                  2 | On Loan: No      |
| Amerigas Partners, L.P./Amerigas Finance Corp.         | AmeriGas Partners LP/AmeriGas Financial Corp. 5.625%, Due 5/20/2024      | CUSIP: 030981AH7<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |   3932000 | PA      | $3816711.48   | 0.56%             | 2024-05-20      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation | MPT Operating Partnership LP/MPT Finance Corp. 5.0% DUE 10/15/2027       | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |   6175000 | PA      | $5190272.75   | 0.76%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc.                                        | Magallanes Inc. 5.3910%, Due 03/15/2062                                  | CUSIP: 55903VAS2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $3270461.56   | 0.48%             | 2062-03-15      | Fixed         | 5.39%                 | Yes           |                  2 | On Loan: No      |
| Hanesbrands Inc.                                       | Hanesbrands, Inc 4.875%, Due 05/15/2026                                  | CUSIP: 410345AL6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1787141.88   | 0.26%             | 2026-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Qorvo Inc                                              | Qorvo Inc 3.375% Due 04/01/2031                                          | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |    500000 | PA      | $401719.50    | 0.06%             | 2031-04-01      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| QVC, Inc.                                              | QVC, Inc. 4.85% Due 04/01/2024                                           | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |   2557000 | PA      | $2365225.00   | 0.35%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Brunswick Corporation                                  | Brunswick Corporation/DE 2.400%, Due 08/18/2031                          | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    798000 | PA      | $586686.47    | 0.09%             | 2031-08-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                       | Federal National Mortgage Association 2.000%, Due 01/01/2051             | CUSIP: 3140XFXA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5461016 | PA      | $4471983.83   | 0.66%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Allegion PLC                                           | Allegion PLC 3.50% Due 10/01/2029                                        | CUSIP: 01748TAB7<br>LEI: 984500560CAC2E6FB757 | Long             | DBT              | CORP              | US        |   2498000 | PA      | $2152426.51   | 0.32%             | 2029-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp.                                      | Lamar Media Corp. 3.75% Due 02/15/2028                                   | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2148255.43   | 0.32%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association 2.50%, Due 10/20/2051           | CUSIP: 36179WQA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7209978 | PA      | $6256589.84   | 0.92%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UTAH TRANSIT AUTH                                      | Utah Transit Authority 2.774% Due 12/15/2038                             | CUSIP: 917567FQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5925000 | PA      | $4497401.47   | 0.66%             | 2038-12-15      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| Silgan Holdings Inc.                                   | Silgan Holdings Incorporated 4.125% Due 02/01/2028                       | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |   2820000 | PA      | $2608944.15   | 0.38%             | 2028-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                 | FHLMC Super 30Y Fixed 2.50%, Due 06/01/2051                              | CUSIP: 3132DWBU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |  11233131 | PA      | $9536735.25   | 1.40%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| QVC, Inc.                                              | QVC INC 4.75% Due 02/15/2027                                             | CUSIP: 747262AY9<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |   2085000 | PA      | $1475658.75   | 0.22%             | 2027-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                          | Ford Motor Credit Company LLC 4.063%, Due 11/01/2024                     | CUSIP: 345397ZX4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1920143.80   | 0.28%             | 2024-11-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| Ball Corporation                                       | Ball Corporation 4.875%, due 3/15/2026                                   | CUSIP: 058498AV8<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4358835.72   | 0.64%             | 2026-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corporation                    | Banc of America Funding Trust 5.5%, due 8/25/2035                        | CUSIP: 05946XA45<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     69340 | PA      | $64800.50     | 0.01%             | 2035-08-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CWMBS Inc                                              | CHL Mortgage Pass-Through Trust FR, due 7/20/2034                        | CUSIP: 12669FTL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    599797 | PA      | $556575.53    | 0.08%             | 2034-07-20      | Floating      | 2.84%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Assocation 5%, due 7/20/2039                | CUSIP: 36202E7H6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    260185 | PA      | $264541.02    | 0.04%             | 2039-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association 4.000%, Due 05/01/2052             | CUSIP: 31418EES5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13104924 | PA      | $12298377.50  | 1.81%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| nVent Finance S a r l                                  | Nvent Finance 2.750%, Due 11/15/2031                                     | CUSIP: 67078AAE3<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |   2245000 | PA      | $1727249.41   | 0.25%             | 2031-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                            | Bank of America Corp 1.898% Due 07/23/2031                               | CUSIP: 06051GJF7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   7975000 | PA      | $6120856.36   | 0.90%             | 2031-07-23      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| PG&E Corporation                                       | PG&E Corporation Sr Sec Glbl Nt28 5% DUE 7/1/2028                        | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1825685.08   | 0.27%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                | American Airlines 4.95%, Due 1/15/2023                                   | CUSIP: 02377UAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8969098 | PA      | $8956846.45   | 1.32%             | 2024-07-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Vista Ootdoor Inc                                      | Vista Outdoor, Inc. 4.50%, Due 03/15/2029                                | CUSIP: 928377AC4<br>LEI: 549300QI2D33ESTJLN81 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $4111744.00   | 0.60%             | 2029-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-23

**Name of Applicant:** SBH Plus Bond Fund

**Signature:** Jennifer L. Leamer

**Name of Signer:** Jennifer L. Leamer

**Title:** Assistant Treasurer