# EDGAR Filing Document

**Accession Number:** 0001022804
**File Stem:** 0002071691-26-012246
**Filing Date:** 2026-5
**Character Count:** 110202
**Document Hash:** 8e2c95632487c57adeac42324c7814e7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012246.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0002071691-26-012246

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN FUND ALLOCATOR SERIES
- **CENTRAL INDEX KEY:** 0001022804

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07851
- **FILM NUMBER:** 261024620

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-4018

**MAIL ADDRESS:**
- **STREET 1:** FRANKLIN FUND ALLOCATOR SERIES
- **STREET 2:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN TEMPLETON FUND ALLOCATOR SERIES
- **DATE OF NAME CHANGE:** 19960912

## Series and Classes Contracts Data

### FRANKLIN GLOBAL ALLOCATION FUND (Series ID: S000007241)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000019849 | CLASS A       | FFALX           |
| C000019851 | CLASS C       | FFACX           |
| C000019852 | CLASS R       | FFARX           |
| C000019853 | ADVISOR CLASS | FFAAX           |
| C000194376 | Class R6      | FFAQX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Franklin Fund Allocator Series

- **b. Investment Company Act file number:** 811-07851

- **c. CIK number of Registrant:** 0001022804

- **d. LEI of Registrant:** 5493009BPYLDNZHEMO31

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Franklin Global Allocation Fund

- **b. EDGAR series identifier (if any):** S000007241

- **c. LEI of Series:** 549300R05BQMM0PJVZ25

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $2752847748.86

**Total Liabilities:** $2978421.70

**Net Assets:** $2749869327.16

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1510.99000000 | **1-Year:** -30570.12000000 | **5-Year:** -117680.35000000 | **10-Year:** -118141.08000000 | **30-Year:** -85117.79000000

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

- **3-Month:** -213.34000000 | **1-Year:** -2349.13000000 | **5-Year:** -15678.55000000 | **10-Year:** -3314.28000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019849 | 2.15%                | 1.08%                | -4.44%               |
| Class ID C000019853 | 2.18%                | 1.12%                | -4.45%               |
| Class ID C000019852 | 2.14%                | 1.08%                | -4.48%               |
| Class ID C000194376 | 2.18%                | 1.10%                | -4.39%               |
| Class ID C000019851 | 2.06%                | 1.04%                | -4.50%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $69854.74                | $62217575.43                               |
| Month 2  | $-573857.40              | $25776870.60                               |
| Month 3  | $63377779.11             | $-206109569.94                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Host Hotels & Resorts, Inc.                                             | Host Hotels & Resorts, Inc.                                             | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |     200488 | NS      | $3841350.08   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Dollar                                                        | Hong Kong Dollar                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | HK        |         -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Republic of Germany                                             | Bundesrepublik Deutschland Bundesanleihe                                | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |   22214198 | PA      | $20073266.73  | 0.73%             | 2038-05-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                    | FNMA, 30 Year                                                           | CUSIP: 31418FMK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10483388 | PA      | $10692154.47  | 0.39%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | MSCI EAFE Index                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -125 | NC      | $128951.25    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                                                      | Lam Research Corp.                                                      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      48429 | NS      | $10347340.14  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust               | CUSIP: 00774MAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    3956000 | PA      | $3502145.29   | 0.13%             | 2033-10-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp.                                                       | Exxon Mobil Corp.                                                       | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      18746 | NS      | $3180446.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                                          | Alphabet, Inc., Class A                                                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     225629 | NS      | $64881875.24  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.                             | Taiwan Semiconductor Manufacturing Co. Ltd.                             | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     100965 | NS      | $34121121.75  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington, Inc.                            | Expeditors International of Washington, Inc.                            | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      67236 | NS      | $9630212.28   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                                                           | Walmart, Inc.                                                           | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     117219 | NS      | $14567977.32  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| New Turkish Lira                                                        | New Turkish Lira                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | TR        |         -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings, Inc.                                                   | PayPal Holdings, Inc.                                                   | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     177061 | NS      | $8008469.03   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System, Inc.                                                   | Landstar System, Inc.                                                   | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      18357 | NS      | $2942810.67   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corp.                                                             | Loews Corp.                                                             | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |      87159 | NS      | $9303351.66   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| French Republic                                                         | France Government Bond                                                  | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |    4770335 | PA      | $5457323.59   | 0.20%             | 2030-02-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp.                                                            | NVIDIA Corp.                                                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     504652 | NS      | $88011308.80  | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                        | Amazon.com, Inc.                                                        | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     162685 | NS      | $33882404.95  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp.                                                         | Advantest Corp.                                                         | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |      78200 | NS      | $10792121.63  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker BP ASA                                                             | Aker BP ASA                                                             | CUSIP: 55037AAB4<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    9191000 | PA      | $8399459.41   | 0.31%             | 2031-07-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Atlas Copco AB                                                          | Atlas Copco AB, Class B                                                 | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |     498831 | NS      | $7797858.14   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                    | United Kingdom Gilt                                                     | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |   37373008 | PA      | $49381619.69  | 1.80%             | 2027-01-29      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Japan                                                                   | Japan Government Bond                                                   | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        | 2802000000 | PA      | $17084157.97  | 0.62%             | 2029-06-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings | JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings | CUSIP: 46590XAP1<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    1310362 | PA      | $1165256.05   | 0.04%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                            | ING Groep NV                                                            | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |     454583 | NS      | $11799465.80  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Oddity Tech Ltd.                                                        | Oddity Tech Ltd., Class A                                               | CUSIP: N/A<br>LEI: 254900QH12XZS53G0V57       | Long             | EC               | CORP              | IL        |      73762 | NS      | $986935.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                                               | KLA Corp.                                                               | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      33633 | NS      | $49521565.53  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.                                 | Mid-America Apartment Communities, Inc.                                 | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      27905 | NS      | $3407758.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                                                         | Eli Lilly & Co.                                                         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       4987 | NS      | $4586892.99   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | Forward Foreign Currency Contract                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $38714.67     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodside Finance Ltd.                                                   | Woodside Finance Ltd.                                                   | CUSIP: 980236AQ6<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    4654000 | PA      | $4636050.17   | 0.17%             | 2029-03-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PetroChina Co. Ltd.                                                     | PetroChina Co. Ltd., Class H                                            | CUSIP: N/A<br>LEI: 529900RPY4YG47TRSV05       | Long             | EC               | CORP              | CN        |   12574000 | NS      | $17249786.14  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Neurocrine Biosciences, Inc.                                            | Neurocrine Biosciences, Inc.                                            | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      71834 | NS      | $9463411.16   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA                                                                    | FNMA, 30 Year                                                           | CUSIP: 3140XGX46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2999059 | PA      | $2427906.63   | 0.09%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd.                                         | Canadian Natural Resources Ltd.                                         | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    6399000 | PA      | $6364382.31   | 0.23%             | 2027-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Chobani Holdco II LLC                                                   | Chobani Holdco II LLC                                                   | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9434504 | PA      | $10060917.33  | 0.37%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GSK plc                                                                 | GSK plc                                                                 | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |     382786 | NS      | $10544023.45  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Apple, Inc.                                                             | Apple, Inc.                                                             | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     313004 | NS      | $79437285.16  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Finance LLC                                             | Crescent Energy Finance LLC                                             | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    7450000 | PA      | $7453682.54   | 0.27%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Franklin BSP Private Credit Fund                                        | Franklin BSP Private Credit Fund, Class Advisor                         | CUSIP: 35242N202<br>LEI: 549300EZ3TEPDZJ0NK72 | Long             |  | RF                | US        |    2078193 | NS      | $20116911.20  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuaishou Technology                                                     | Kuaishou Technology                                                     | CUSIP: N/A<br>LEI: 300300FCDZBE6UP9ED24       | Long             | EC               | CORP              | KY        |     463500 | NS      | $2730166.05   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co. Ltd.                                               | Recruit Holdings Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |     254666 | NS      | $11095789.99  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                    | United Kingdom Gilt                                                     | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |   11002284 | PA      | $14538449.54  | 0.53%             | 2030-03-07      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Dornoch Debt Merger Sub, Inc.                                           | Dornoch Debt Merger Sub, Inc.                                           | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3250000 | PA      | $2904615.68   | 0.11%             | 2029-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                                        | ArcelorMittal SA                                                        | CUSIP: 03938LBC7<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    6981000 | PA      | $6959824.25   | 0.25%             | 2029-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Nitto Denko Corp.                                                       | Nitto Denko Corp.                                                       | CUSIP: N/A<br>LEI: 3538009GX5P09USH2J25       | Long             | EC               | CORP              | JP        |     144700 | NS      | $2894611.75   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth of Australia                                               | Australia Government Bond                                               | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |    7938000 | PA      | $4477193.35   | 0.16%             | 2031-11-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Vodafone Group plc                                                      | Vodafone Group plc                                                      | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |    5939151 | NS      | $8958329.38   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Dropbox, Inc.                                                           | Dropbox, Inc., Class A                                                  | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |     118904 | NS      | $2701498.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rupiah                                                                  | Rupiah                                                                  | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | ID        |         -1 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                                                        | Kroger Co. (The)                                                        | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     147618 | NS      | $10681638.48  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                                                    | Allstate Corp. (The)                                                    | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      48799 | NS      | $10117984.66  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Kunlun Energy Co. Ltd.                                                  | Kunlun Energy Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 5299007GRIKP15GM4927       | Long             | EC               | CORP              | BM        |    1945052 | NS      | $1777285.99   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MGIC Investment Corp.                                                   | MGIC Investment Corp.                                                   | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     328187 | NS      | $8614908.75   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                                       | Johnson & Johnson                                                       | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     231500 | NS      | $56587860.00  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                                                        | Mastercard, Inc., Class A                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      34070 | NS      | $17023416.20  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| French Republic                                                         | France Government Bond                                                  | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |   10670996 | PA      | $11340252.98  | 0.41%             | 2032-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Republic of Finland                                                     | Finland Government Bond                                                 | CUSIP: N/A<br>LEI: 743700M6Y2OQRVSBRD14       | Long             | DBT              | NUSS              | FI        |    2437000 | PA      | $2412756.69   | 0.09%             | 2031-09-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Germany                                             | Bundesrepublik Deutschland Bundesanleihe                                | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |    2303832 | PA      | $2207078.33   | 0.08%             | 2054-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Sonova Holding AG                                                       | Sonova Holding AG                                                       | CUSIP: N/A<br>LEI: 5299004A0QNX7FBNHS61       | Long             | EC               | CORP              | CH        |      19922 | NS      | $4542483.95   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Franc                                                             | Swiss Franc                                                             | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | CH        |         -0 | OU      | $-0.01        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust               | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    5527000 | PA      | $5467001.43   | 0.20%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Kia Corp.                                                               | Kia Corp.                                                               | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |     228430 | NS      | $22553123.26  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Paramount Global                                                        | Paramount Global                                                        | CUSIP: 92556HAB3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    9346000 | PA      | $8661016.89   | 0.31%             | 2031-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                    | United Kingdom Gilt                                                     | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |   13370859 | PA      | $16015087.52  | 0.58%             | 2042-12-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                        | Deutsche Bank AG                                                        | CUSIP: 251526CD9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    5817000 | PA      | $5470456.36   | 0.20%             | 2031-09-18      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Tesla, Inc.                                                             | Tesla, Inc.                                                             | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      31256 | NS      | $11619418.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                                                        | Deutsche Post AG                                                        | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |     175351 | NS      | $9242212.88   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                | U.S. Treasury Bonds                                                     | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10770900 | PA      | $5114915.26   | 0.19%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Amvest RCF Custodian BV                                                 | Amvest RCF Custodian BV                                                 | CUSIP: N/A<br>LEI: 72450023I38I1JFQ9376       | Long             | DBT              | CORP              | NL        |    1400000 | PA      | $1610661.52   | 0.06%             | 2030-03-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Kingdom of Spain                                                        | Spain Bonos Y Obligaciones del Estado                                   | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |    2008000 | PA      | $1868792.70   | 0.07%             | 2048-10-31      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Arista Networks, Inc.                                                   | Arista Networks, Inc.                                                   | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      89174 | NS      | $10948783.72  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Systematic Style Premia ETF                                    | Franklin Systematic Style Premia ETF                                    | CUSIP: 35473P546<br>LEI: 549300FEMFRM3FWBHG39 | Long             |  | RF                | US        |    2225000 | NS      | $60520000.00  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                                             | United Parcel Service, Inc., Class B                                    | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      94462 | NS      | $9293171.56   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Thales SA                                                               | Thales SA                                                               | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | EC               | CORP              | FR        |       7227 | NS      | $2119282.92   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Simon Property Group, Inc.                                              | Simon Property Group, Inc.                                              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      42219 | NS      | $7875110.07   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA                                                                    | FNMA, 30 Year                                                           | CUSIP: 31418E3E8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6084107 | PA      | $6122616.39   | 0.22%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sovereign in right of New Zealand                                       | New Zealand Government Bond                                             | CUSIP: N/A<br>LEI: 549300237GPHG2AI7C34       | Long             | DBT              | NUSS              | NZ        |   12660000 | PA      | $6856953.83   | 0.25%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ORLEN SA                                                                | ORLEN SA                                                                | CUSIP: N/A<br>LEI: 259400VVMM70CQREJT74       | Long             | EC               | CORP              | PL        |     291133 | NS      | $10548992.38  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Hartford Insurance Group, Inc. (The)                                    | Hartford Insurance Group, Inc. (The)                                    | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      70347 | NS      | $9513024.81   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                                                 | Progressive Corp. (The)                                                 | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      55904 | NS      | $11082408.96  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Republic of Germany                                             | Bundesrepublik Deutschland Bundesanleihe                                | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |   34723602 | PA      | $38786428.93  | 1.41%             | 2033-02-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Schindler Holding AG                                                    | Schindler Holding AG                                                    | CUSIP: N/A<br>LEI: 5299007DRLI319H7Q933       | Long             | EC               | CORP              | CH        |      13648 | NS      | $4495553.96   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                  | Asian Development Bank                                                  | CUSIP: 045167GE7<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | US        |   16478000 | PA      | $16500730.91  | 0.60%             | 2026-05-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Newmont Corp.                                                           | Newmont Corp.                                                           | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      70403 | NS      | $7621124.75   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | MSCI Emerging Markets Index                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -115 | NC      | $57446.95     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd.                                                     | Tokyo Electron Ltd.                                                     | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |      50900 | NS      | $12646153.48  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Cerdia Finanz GmbH                                                      | Cerdia Finanz GmbH                                                      | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |    5825000 | PA      | $5798962.25   | 0.21%             | 2031-10-03      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Parex Resources, Inc.                                                   | Parex Resources, Inc.                                                   | CUSIP: 69946Q104<br>LEI: 549300U7LWRGTY6XWK67 | Long             | EC               | CORP              | CA        |     552062 | NS      | $10849956.93  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign, Inc.                                                          | VeriSign, Inc.                                                          | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      44362 | NS      | $11017746.32  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | FTSE Taiwan Index Equity Index                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SG        |        135 | NC      | $-819849.95   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| China Hongqiao Group Ltd.                                               | China Hongqiao Group Ltd.                                               | CUSIP: N/A<br>LEI: 3003009Q4IBFSDE24571       | Long             | EC               | CORP              | KY        |    1349500 | NS      | $6095974.14   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                                         | Telefonaktiebolaget LM Ericsson, Class B                                | CUSIP: N/A<br>LEI: 549300W9JLPW15XIFM52       | Long             | EC               | CORP              | SE        |     979650 | NS      | $11168241.01  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Ltd.                                                            | Hitachi Ltd.                                                            | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |     380376 | NS      | $11158516.66  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| WW Grainger, Inc.                                                       | WW Grainger, Inc.                                                       | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |       9069 | NS      | $9892555.89   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Federative Republic of Brazil                                           | Brazil Notas do Tesouro Nacional                                        | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |   37210048 | PA      | $7143011.88   | 0.26%             | 2026-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Travelers Cos., Inc. (The)                                              | Travelers Cos., Inc. (The)                                              | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      40187 | NS      | $11721744.16  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                                                                | Enel SpA                                                                | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |     931124 | NS      | $10179820.15  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Chipotle Mexican Grill, Inc.                                            | Chipotle Mexican Grill, Inc., Class A                                   | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |     269952 | NS      | $8641163.52   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe, Inc.                                                             | Adobe, Inc.                                                             | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      43477 | NS      | $10568389.16  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Jane Street Group / JSG Finance, Inc.                                   | Jane Street Group / JSG Finance, Inc.                                   | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1228000 | PA      | $1263079.05   | 0.05%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                      | Altria Group, Inc.                                                      | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     163294 | NS      | $10775771.06  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Canada                                                                  | Canada Government Bond                                                  | CUSIP: 135087Q49<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |   34072000 | PA      | $24705935.16  | 0.90%             | 2028-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Canadian Dollar                                                         | Canadian Dollar                                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | CA        |         -0 | OU      | $-0.08        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Danish Krone                                                            | Danish Krone                                                            | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | DK        |         -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings | JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings | CUSIP: 46590XAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    4800000 | PA      | $4492440.00   | 0.16%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                                                       | Wolters Kluwer NV                                                       | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |     126364 | NS      | $9437906.77   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Ralph Lauren Corp.                                                      | Ralph Lauren Corp., Class A                                             | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      19280 | NS      | $6632127.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.                                         | Universal Health Services, Inc., Class B                                | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      40832 | NS      | $7307703.04   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                                                            | Iberdrola SA                                                            | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |     147988 | NS      | $3388061.93   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Sherwin-Williams Co. (The)                                              | Sherwin-Williams Co. (The)                                              | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      30147 | NS      | $9663620.85   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | Forward Foreign Currency Contract                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $993257.37    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                         | Citigroup, Inc.                                                         | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     228552 | NS      | $25920082.32  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb, Inc.                                                            | Airbnb, Inc., Class A                                                   | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      77587 | NS      | $9797686.36   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                                | U.S. Treasury Notes                                                     | CUSIP: 91282CJW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   24915000 | PA      | $25031302.47  | 0.91%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Japan                                                                   | Japan Government Bond                                                   | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        | 1445850000 | PA      | $8483601.52   | 0.31%             | 2035-03-20      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Caixa Seguridade Participacoes SA                                       | Caixa Seguridade Participacoes SA                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    1401400 | NS      | $4964562.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingdom of Spain                                                        | Spain Bonos Y Obligaciones del Estado                                   | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |    4964000 | PA      | $5856988.03   | 0.21%             | 2029-05-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                    | Glencore Funding LLC                                                    | CUSIP: 378272AY4<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    8144000 | PA      | $7408401.02   | 0.27%             | 2030-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Corteva, Inc.                                                           | Corteva, Inc.                                                           | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     130933 | NS      | $10960401.43  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp.                                                             | Terex Corp.                                                             | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |    5176000 | PA      | $5214526.21   | 0.19%             | 2032-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Computershare Ltd.                                                      | Computershare Ltd.                                                      | CUSIP: N/A<br>LEI: 21380085HOKTMGLV9G93       | Long             | EC               | CORP              | AU        |     304306 | NS      | $6001665.12   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| AutoZone, Inc.                                                          | AutoZone, Inc.                                                          | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       1266 | NS      | $4276269.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co. Ltd.                                                     | SK Telecom Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 9884003WEA1PHW006037       | Long             | EC               | CORP              | KR        |     163911 | NS      | $8480801.97   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoya Corp.                                                              | Hoya Corp.                                                              | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |      83315 | NS      | $14443524.53  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Fox Corp.                                                               | Fox Corp., Class B                                                      | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     192124 | NS      | $10201784.40  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                                                          | Broadcom, Inc.                                                          | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      56893 | NS      | $17608952.43  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd.                                                                | ABB Ltd.                                                                | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |     128911 | NS      | $10481491.33  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                    | Meta Platforms, Inc., Class A                                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      54909 | NS      | $31415086.17  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                                           | Koninklijke Ahold Delhaize NV                                           | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |     175585 | NS      | $8176852.37   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                                    | JPMorgan Chase & Co.                                                    | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    6482000 | PA      | $6566729.01   | 0.24%             | 2036-07-23      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium                                                      | Belgium Government Bond                                                 | CUSIP: N/A<br>LEI: 549300SZ25JZFHRHWD76       | Long             | DBT              | NUSS              | BE        |    4833114 | PA      | $4708140.62   | 0.17%             | 2032-06-22      | Fixed         | 0.35%                 | No            |                  2 | On Loan: No      |
| Grifols SA                                                              | Grifols SA                                                              | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    1862000 | PA      | $1824927.21   | 0.07%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Canada                                                                  | Canada Government Bond                                                  | CUSIP: 135087P32<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |   41137000 | PA      | $28263316.17  | 1.03%             | 2032-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Loblaw Cos. Ltd.                                                        | Loblaw Cos. Ltd.                                                        | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |     208029 | NS      | $9484004.87   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                                         | ASML Holding NV                                                         | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |       4579 | NS      | $6088955.70   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group plc (The)                                                    | Sage Group plc (The)                                                    | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |     763664 | NS      | $8557154.82   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonardo SpA                                                            | Leonardo SpA                                                            | CUSIP: N/A<br>LEI: 529900X4EEX1U9LN3U39       | Long             | EC               | CORP              | IT        |     144224 | NS      | $9810039.36   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of the Netherlands                                              | Netherlands Government Bond                                             | CUSIP: N/A<br>LEI: 254900G14ALGVKORFN62       | Long             | DBT              | NUSS              | NL        |    2432271 | PA      | $2748454.60   | 0.10%             | 2044-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NetEase, Inc.                                                           | NetEase, Inc.                                                           | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               | CORP              | KY        |     708800 | NS      | $15838003.46  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                | U.S. Treasury Bonds                                                     | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5150100 | PA      | $5016318.12   | 0.18%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MediaTek, Inc.                                                          | MediaTek, Inc.                                                          | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |     182449 | NS      | $8751198.03   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Service Enterprise Group, Inc.                                   | Public Service Enterprise Group, Inc.                                   | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     116136 | NS      | $9401209.20   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | Forward Foreign Currency Contract                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-250796.71   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| PICC Property & Casualty Co. Ltd.                                       | PICC Property & Casualty Co. Ltd., Class H                              | CUSIP: N/A<br>LEI: 300300F1000311000017       | Long             | EC               | CORP              | CN        |    4455492 | NS      | $8201572.11   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                           | Netflix, Inc.                                                           | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     190997 | NS      | $18364361.55  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | Euro STOXX 50 Index                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |       -425 | NC      | $919540.41    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| New Taiwan Dollar                                                       | New Taiwan Dollar                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | TW        |          0 | OU      | $0.01         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| New Israeli Sheqel                                                      | New Israeli Sheqel                                                      | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | IL        |         -0 | OU      | $-0.01        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                                    | Mitsubishi UFJ Financial Group, Inc.                                    | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |    1506464 | NS      | $25510363.32  | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Wartsila OYJ Abp                                                        | Wartsila OYJ Abp                                                        | CUSIP: N/A<br>LEI: 743700G7A9J1PHM3X223       | Long             | EC               | CORP              | FI        |     130350 | NS      | $4855276.07   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Capital, Inc.                                                   | Ashtead Capital, Inc.                                                   | CUSIP: 04505AAA7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    6981000 | PA      | $7082006.76   | 0.26%             | 2032-08-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Corning, Inc.                                                           | Corning, Inc.                                                           | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      40002 | NS      | $5439071.94   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA                                                                    | FNMA, 30 Year                                                           | CUSIP: 31418FE37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11386706 | PA      | $11450374.00  | 0.42%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                    | JPMorgan Chase & Co.                                                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      24472 | NS      | $7198683.52   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland                                                               | Stockland                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    1228295 | NS      | $3687131.84   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Finland                                                     | Finland Government Bond                                                 | CUSIP: N/A<br>LEI: 743700M6Y2OQRVSBRD14       | Long             | DBT              | NUSS              | FI        |    2085000 | PA      | $1432184.05   | 0.05%             | 2043-04-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Holcim AG                                                               | Holcim AG                                                               | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |     104556 | NS      | $8642803.43   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Lowe's Cos., Inc.                                                       | Lowe's Cos., Inc.                                                       | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      13677 | NS      | $3231601.56   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SITC International Holdings Co. Ltd.                                    | SITC International Holdings Co. Ltd.                                    | CUSIP: N/A<br>LEI: 529900JUV4MOM9CE3V12       | Long             | EC               | CORP              | KY        |     557003 | NS      | $2438850.38   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd.                                                           | Fujikura Ltd.                                                           | CUSIP: N/A<br>LEI: 353800PSDZ8VRCKVPL51       | Long             | EC               | CORP              | JP        |     319800 | NS      | $8795150.19   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| TIM SA                                                                  | TIM SA                                                                  | CUSIP: N/A<br>LEI: 529900QI0CH1DN5ZCS77       | Long             | EC               | CORP              | BR        |     818000 | NS      | $4336473.06   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Won                                                                     | Won                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | KR        |        705 | OU      | $0.46         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.                                                 | Applied Materials, Inc.                                                 | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      18287 | NS      | $6250313.73   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Pool                                                              | FHLMC Pool, 30 Year                                                     | CUSIP: 3132DWMB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3177208 | PA      | $3241585.33   | 0.12%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wix.com Ltd.                                                            | Wix.com Ltd.                                                            | CUSIP: N/A<br>LEI: 5493008P6N29Q1AG9464       | Long             | EC               | CORP              | IL        |      34222 | NS      | $3082375.54   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA                                                                    | FNMA, 30 Year                                                           | CUSIP: 3140XJT94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3978798 | PA      | $3505164.26   | 0.13%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co. Ltd.                                          | Takeda Pharmaceutical Co. Ltd.                                          | CUSIP: 874060AW6<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    6500000 | PA      | $6587968.86   | 0.24%             | 2028-11-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vodafone Group plc                                                      | Vodafone Group plc                                                      | CUSIP: 92857WAQ3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    2680000 | PA      | $2875818.70   | 0.10%             | 2037-02-27      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Itausa SA                                                               | Itausa SA                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | BR        |    3341252 | NS      | $9017771.36   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Bezeq The Israeli Telecommunication Corp. Ltd.                          | Bezeq The Israeli Telecommunication Corp. Ltd.                          | CUSIP: N/A<br>LEI: 213800XCGZCFSWY9U863       | Long             | EC               | CORP              | IL        |    2216502 | NS      | $5302807.53   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings, Inc.                                                | Yum China Holdings, Inc.                                                | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     112864 | NS      | $5606090.82   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Anker Innovations Technology Co. Ltd.                                   | Anker Innovations Technology Co. Ltd., Class A                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     593939 | NS      | $9445413.62   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                              | FHLMC Pool, 30 Year                                                     | CUSIP: 3132DWJE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16043035 | PA      | $15886613.26  | 0.58%             | 2053-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Target Corp.                                                            | Target Corp.                                                            | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      87364 | NS      | $10588516.80  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                    | United Kingdom Gilt                                                     | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |   15140000 | PA      | $19868156.53  | 0.72%             | 2034-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Franklin FTSE India ETF                                                 | Franklin FTSE India ETF                                                 | CUSIP: 35473P769<br>LEI: 549300NU5VJOW0B4VV12 | Long             |  | RF                | US        |     165050 | NS      | $5482961.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugai Pharmaceutical Co. Ltd.                                          | Chugai Pharmaceutical Co. Ltd.                                          | CUSIP: N/A<br>LEI: 529900T9LAII161DCN95       | Long             | EC               | CORP              | JP        |     151306 | NS      | $8344296.46   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Herc Holdings, Inc.                                                     | Herc Holdings, Inc.                                                     | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    3876000 | PA      | $3977101.58   | 0.14%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                | U.S. Treasury Bonds                                                     | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9929000 | PA      | $9010761.41   | 0.33%             | 2044-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AIB Group plc                                                           | AIB Group plc                                                           | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |    2433100 | NS      | $25973619.50  | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corp.                             | RHP Hotel Properties LP / RHP Finance Corp.                             | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5350000 | PA      | $5451575.10   | 0.20%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Australia                                               | Australia Government Bond                                               | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |   14933000 | PA      | $8422515.53   | 0.31%             | 2031-11-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Caterpillar, Inc.                                                       | Caterpillar, Inc.                                                       | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      20567 | NS      | $14570896.82  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp.                                                           | Comcast Corp.                                                           | CUSIP: 20030NDH1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    6272000 | PA      | $5088321.82   | 0.19%             | 2040-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Japan                                                                   | Japan Government Bond                                                   | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  707550000 | PA      | $3447247.09   | 0.13%             | 2055-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ENN Energy Holdings Ltd.                                                | ENN Energy Holdings Ltd.                                                | CUSIP: N/A<br>LEI: 549300V7BXPWT6WIPR03       | Long             | EC               | CORP              | KY        |     517112 | NS      | $4210541.24   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Forint                                                                  | Forint                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HU        |          0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                                                           | UniCredit SpA                                                           | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     328138 | NS      | $23541869.26  | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                | U.S. Treasury Notes                                                     | CUSIP: 91282CNE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21009200 | PA      | $21024792.82  | 0.76%             | 2027-05-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Signify NV                                                              | Signify NV                                                              | CUSIP: N/A<br>LEI: 549300072P3J1X8NZO35       | Long             | EC               | CORP              | NL        |     131449 | NS      | $2799758.22   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Western Union Co. (The)                                                 | Western Union Co. (The)                                                 | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |     703157 | NS      | $6138560.61   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                                            | AbbVie, Inc.                                                            | CUSIP: 00287YDW6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    9088000 | PA      | $8683829.47   | 0.32%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | TOPIX Index                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |        124 | NC      | $-351963.40   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| People's Republic of China                                              | China Government Bond                                                   | CUSIP: N/A<br>LEI: 300300CHN201808MOF68       | Long             | DBT              | NUSS              | CN        |  121580000 | PA      | $17915772.69  | 0.65%             | 2027-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                                         | AstraZeneca plc                                                         | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |      73761 | NS      | $14423225.71  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Fisher & Paykel Healthcare Corp. Ltd.                                   | Fisher & Paykel Healthcare Corp. Ltd.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |      79835 | NS      | $1731100.93   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Amgen, Inc.                                                             | Amgen, Inc.                                                             | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      15012 | NS      | $5281972.20   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                                         | Microsoft Corp.                                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     110109 | NS      | $40759048.53  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Pool                                                              | FHLMC Pool, 30 Year                                                     | CUSIP: 3132DWHS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4759854 | PA      | $4713444.74   | 0.17%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| International Consolidated Airlines Group SA                            | International Consolidated Airlines Group SA                            | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | ES        |     983396 | NS      | $4667504.80   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                | U.S. Treasury Notes                                                     | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   19769600 | PA      | $18289196.80  | 0.67%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Safran SA                                                               | Safran SA                                                               | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |      11269 | NS      | $3687547.18   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Canada                                                                  | Canada Government Bond                                                  | CUSIP: 135087Q23<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |   19081000 | PA      | $13253963.54  | 0.48%             | 2033-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | KOSPI 200 Index                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | KR        |         54 | NC      | $-204998.49   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co. Ltd.                                          | Techtronic Industries Co. Ltd.                                          | CUSIP: N/A<br>LEI: 549300HZW2SBE758OK89       | Long             | EC               | CORP              | HK        |     609118 | NS      | $8089230.64   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                              | FHLMC Pool, 30 Year                                                     | CUSIP: 3132DWKW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1619048 | PA      | $1655212.60   | 0.06%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                              | FHLMC Pool, 30 Year                                                     | CUSIP: 3132DWBY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4848881 | PA      | $3938096.51   | 0.14%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| French Republic                                                         | France Government Bond                                                  | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |    5786000 | PA      | $5588031.53   | 0.20%             | 2031-11-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Brazilian Real                                                          | Brazilian Real                                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | BR        |         -0 | OU      | $-0.01        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co.                                                     | SEI Investments Co.                                                     | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |     142721 | NS      | $11199316.87  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingdom of Spain                                                        | Spain Bonos Y Obligaciones del Estado                                   | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |    3087000 | PA      | $3562362.51   | 0.13%             | 2027-05-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HCA Healthcare, Inc.                                                    | HCA Healthcare, Inc.                                                    | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |       7484 | NS      | $3541728.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin High Yield Corporate ETF                                       | Franklin High Yield Corporate ETF                                       | CUSIP: 35473P629<br>LEI: 5493002F67QK4VNO5Q54 | Long             |  | RF                | US        |     205000 | NS      | $4948700.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Republic of Germany                                             | Bundesrepublik Deutschland Bundesanleihe                                | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |   16633000 | PA      | $17125106.59  | 0.62%             | 2030-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp.                                                   | Western Digital Corp.                                                   | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      19846 | NS      | $5368144.54   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.                                         | Regeneron Pharmaceuticals, Inc.                                         | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      13662 | NS      | $10555807.68  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings, Inc.                                                  | Booking Holdings, Inc.                                                  | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       9065 | NS      | $38166550.80  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd.                                              | Alibaba Group Holding Ltd.                                              | CUSIP: 01609WAT9<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    6300000 | PA      | $6228793.18   | 0.23%             | 2027-12-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Yangzijiang Shipbuilding Holdings Ltd.                                  | Yangzijiang Shipbuilding Holdings Ltd.                                  | CUSIP: N/A<br>LEI: 254900Z3JEM14YIGLM66       | Long             | EC               | CORP              | SG        |    2908340 | NS      | $8638907.40   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| American International Group, Inc.                                      | American International Group, Inc.                                      | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     119628 | NS      | $9002007.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | Forward Foreign Currency Contract                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $397152.60    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Gilead Sciences, Inc.                                                   | Gilead Sciences, Inc.                                                   | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      85744 | NS      | $11950141.28  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co.                                                      | General Motors Co.                                                      | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     129253 | NS      | $9629348.50   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin BSP Lending Fund                                               | Franklin BSP Lending Fund, Class R6                                     | CUSIP: 35243L502<br>LEI: N/A                  | Long             |  | RF                | US        |    7017508 | NS      | $70947009.39  | 2.58%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | Forward Foreign Currency Contract                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $2292633.76   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| FedEx Corp.                                                             | FedEx Corp.                                                             | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      86132 | NS      | $30678495.76  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                                             | Novartis AG                                                             | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |      57680 | NS      | $8853559.13   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                   | OneMain Finance Corp.                                                   | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    1308000 | PA      | $1262295.86   | 0.05%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Incyte Corp.                                                            | Incyte Corp.                                                            | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |      94905 | NS      | $8932458.60   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                                | U.S. Treasury Notes                                                     | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   11950600 | PA      | $10469845.97  | 0.38%             | 2030-05-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co.                                                  | MidAmerican Energy Co.                                                  | CUSIP: 595620AP0<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |   10392000 | PA      | $8556196.25   | 0.31%             | 2046-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| General Electric Co.                                                    | General Electric Co.                                                    | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      20691 | NS      | $5871485.07   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund                | Franklin Institutional U.S. Government Money Market Fund                | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |   67228283 | NS      | $67228283.23  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp.                                              | Korea Electric Power Corp.                                              | CUSIP: N/A<br>LEI: 988400QG33WS7JEIV602       | Long             | EC               | CORP              | KR        |     208821 | NS      | $5936853.00   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Orange SA                                                               | Orange SA                                                               | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | DBT              | CORP              | FR        |    4900000 | PA      | $5296977.24   | 0.19%             | 2030-09-12      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | Forward Foreign Currency Contract                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $1863054.98   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| People's Republic of China                                              | China Government Bond                                                   | CUSIP: N/A<br>LEI: 300300CHN201808MOF68       | Long             | DBT              | NUSS              | CN        |   47210000 | PA      | $6969779.96   | 0.25%             | 2027-10-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                                         | AstraZeneca plc                                                         | CUSIP: 046353AT5<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    4654000 | PA      | $4644071.30   | 0.17%             | 2029-01-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Newell Brands, Inc.                                                     | Newell Brands, Inc.                                                     | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    5856000 | PA      | $5610217.82   | 0.20%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Germany                                             | Bundesschatzanweisungen                                                 | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |   10373600 | PA      | $11867133.96  | 0.43%             | 2027-06-10      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | S&P 500 E-Mini Index                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -214 | NC      | $1700434.50   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                                        | NRG Energy, Inc.                                                        | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      56818 | NS      | $8303382.52   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                                                    | EURO                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |        359 | OU      | $415.41       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                                                           | UniCredit SpA                                                           | CUSIP: 904678AY5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    9889000 | PA      | $9091007.54   | 0.33%             | 2032-06-03      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Ford Motor Co.                                                          | Ford Motor Co.                                                          | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     358717 | NS      | $4139594.18   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Pool                                                              | FHLMC Pool, 30 Year                                                     | CUSIP: 3132DWPU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8743681 | PA      | $9045689.14   | 0.33%             | 2055-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Portuguese Republic                                                     | Portugal Obrigacoes do Tesouro                                          | CUSIP: N/A<br>LEI: 549300P6U1FJ3IMP7K42       | Long             | DBT              | NUSS              | PT        |    6298945 | PA      | $7292801.52   | 0.27%             | 2026-07-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Suncor Energy, Inc.                                                     | Suncor Energy, Inc.                                                     | CUSIP: 867224107<br>LEI: 894500XO86FKXQGPYV71 | Long             | EC               | CORP              | CA        |     257225 | NS      | $17013350.77  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Krona                                                           | Swedish Krona                                                           | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | SE        |         -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA                                                                    | FNMA, 30 Year                                                           | CUSIP: 3140XNVT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4311691 | PA      | $3637160.20   | 0.13%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings plc                                                | Rolls-Royce Holdings plc                                                | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |     571000 | NS      | $8674874.50   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp.                                               | Mitsubishi Electric Corp.                                               | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |     262400 | NS      | $8582341.14   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Exchange Ltd.                                                 | Singapore Exchange Ltd.                                                 | CUSIP: N/A<br>LEI: 549300IQ650PPXM76X03       | Long             | EC               | CORP              | SG        |     446548 | NS      | $6812151.07   | 0.25%             |  |  |  | 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             |  | RF                | US        |     773281 | NS      | $19417085.91  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co. Ltd.                                            | Samsung Electronics Co. Ltd.                                            | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |     183341 | NS      | $21443818.48  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                        | Deutsche Bank AG                                                        | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |     356564 | NS      | $10611375.54  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                | U.S. Treasury Notes                                                     | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   13796500 | PA      | $13447545.54  | 0.49%             | 2034-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Franklin Fund Allocator Series

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer