# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0000940400-25-002832
**Filing Date:** 2025-9
**Character Count:** 196001
**Document Hash:** f5cd8930e5f448729600e74e2220d995
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-002832.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000940400-25-002832

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 251348694

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Limited Maturity Fund (Series ID: S000011751)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000032176 | Payden Limited Maturity Fund (Investor Class) | PYLMX           |
| C000228770 | Payden Limited Maturity Fund (SI Class)       | PYLSX           |
| C000246929 | Payden Limited Maturity Fund (Adviser Class)  | PYLBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Limited Maturity Fund

- **b. EDGAR series identifier (if any):** S000011751

- **c. LEI of Series:** V3GJTCYEA6MK6IE7MU03

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $2058889575.43

**Total Liabilities:** $32688850.97

**Net Assets:** $2026200724.46

**Delayed Delivery Securities:** $7499999.38

**Cash Not Reported:** $3103362.33

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 23.00000000 | **1-Year:** 5979.00000000 | **5-Year:** 140670.00000000 | **10-Year:** 22066.00000000 | **30-Year:** 69085.00000000

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

- **3-Month:** 15.00000000 | **1-Year:** 482.00000000 | **5-Year:** 13189.00000000 | **10-Year:** 0.00000000 | **30-Year:** 3213.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032176 | 0.39%                | 0.59%                | 0.29%                |
| Class ID C000246929 | 0.37%                | 0.57%                | 0.27%                |
| Class ID C000228770 | 0.50%                | 0.49%                | 0.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-238930.26              | $947950.98                                 |
| Month 2  | $204643.52               | $2787824.74                                |
| Month 3  | $100046.64               | $-1394226.99                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AmeriCredit Automobile Receiva         | Americredit Automobile Receivables Trust 2023-1                       | CUSIP: 03067BAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1403559 | PA      | $1408021.37   | 0.07%             | 2027-11-18      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                 | Banque Federative du Credit Mutuel SA                                 | CUSIP: 06675DCG5<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   4510000 | PA      | $4556539.73   | 0.22%             | 2026-07-13      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU         | SoFi Consumer Loan Program 2025-2 Trust                               | CUSIP: 83407HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2509105.00   | 0.12%             | 2034-06-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                 | Morgan Stanley Bank NA                                                | CUSIP: 61690U8A1<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   4775000 | PA      | $4803908.95   | 0.24%             | 2028-01-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2025-3 LLC                                 | CUSIP: 29375UAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2206270.00   | 0.11%             | 2028-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                | National Bank of Canada                                               | CUSIP: 63307A2Z7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   5705000 | PA      | $5728087.56   | 0.28%             | 2027-07-02      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                   | Verizon Master Trust                                                  | CUSIP: 92348KCM3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   3300000 | PA      | $3304835.16   | 0.16%             | 2028-12-20      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM13 Trust                                                  | CUSIP: 67119PAP6<br>LEI: 254900W2SY2Z6X7UAX78 | Long             | ABS-MBS          | CORP              | US        |   3829576 | PA      | $3811717.13   | 0.19%             | 2064-06-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XXX                                                        | CUSIP: 03768CAN9<br>LEI: 2549001XBZ4DU4T7EC48 | Long             | ABS-CBDO         | CORP              | KY        |    487023 | PA      | $486797.94    | 0.02%             | 2031-10-18      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-4 LLC                                 | CUSIP: 29374MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4400000 | PA      | $4404717.68   | 0.22%             | 2027-07-20      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Trust 2025-VLT7                                                    | CUSIP: 123913AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5100000 | PA      | $5126292.54   | 0.25%             | 2044-07-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM11 Trust                                                  | CUSIP: 67449BAA1<br>LEI: 254900KNWDG7C03UTA13 | Long             | ABS-MBS          | CORP              | US        |   6319971 | PA      | $6324217.42   | 0.31%             | 2065-05-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                | Penske Automotive Group Inc                                           | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1547145.83   | 0.08%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                     | BMW US Capital LLC                                                    | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   5875000 | PA      | $5890827.72   | 0.29%             | 2026-08-13      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                | Hyundai Capital America                                               | CUSIP: 44891ADU8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   3685000 | PA      | $3698091.22   | 0.18%             | 2027-06-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                            | Citibank NA                                                           | CUSIP: 17325FBN7<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   7380000 | PA      | $7403043.53   | 0.37%             | 2027-05-29      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi         | Carlyle Global Market Strategies CLO 2012-4 Ltd                       | CUSIP: 14309YCC6<br>LEI: 549300R4G5ROMXQ5CG20 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2999982.00   | 0.15%             | 2032-04-22      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM16 Trust                                                  | CUSIP: 67120GAA6<br>LEI: 254900AIRPH5Q5COT575 | Long             | ABS-MBS          | CORP              | US        |   2069059 | PA      | $2066600.62   | 0.10%             | 2064-10-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2019-HRP1                         | CUSIP: 20754PAC4<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | CORP              | US        |     52701 | PA      | $52703.87     | 0.00%             | 2039-11-25      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                 | Group 1 Automotive Inc                                                | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1086767.54   | 0.05%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                 | NextEra Energy Capital Holdings Inc                                   | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   5290000 | PA      | $5335703.33   | 0.26%             | 2028-02-04      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R06                          | CUSIP: 20755RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2362045 | PA      | $2367805.75   | 0.12%             | 2044-09-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                  | Icahn Enterprises LP / Icahn Enterprises Finance Corp                 | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1584535.24   | 0.08%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                       | Symphony CLO XX Ltd                                                   | CUSIP: 87166VAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5182694 | PA      | $5186010.83   | 0.26%             | 2032-01-16      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES5                                         | CUSIP: 74942CAA7<br>LEI: 2549008EA2IHW9G2TZ48 | Long             | ABS-MBS          | CORP              | US        |   3326163 | PA      | $3348752.88   | 0.17%             | 2055-05-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-HQA3                               | CUSIP: 35564KE39<br>LEI: 5493000IRJ8RDHSNEL96 | Long             | ABS-MBS          | CORP              | US        |   4051615 | PA      | $4128143.61   | 0.20%             | 2042-08-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Chenango Park CLO, Ltd.                | Chenango Park CLO Ltd                                                 | CUSIP: 16409TAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4799907 | PA      | $4798461.86   | 0.24%             | 2030-04-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                     | Expand Energy Corp                                                    | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $4908897.52   | 0.24%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN               | TerraForm Power Operating LLC                                         | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   3045000 | PA      | $3006372.96   | 0.15%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO               | Manufacturers & Traders Trust Co                                      | CUSIP: 564760CC8<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |   2645000 | PA      | $2656587.98   | 0.13%             | 2028-07-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| HIH Trust                              | HIH Trust 2024-61P                                                    | CUSIP: 40444VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1970508 | PA      | $1975093.33   | 0.10%             | 2041-10-15      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT               | Sumitomo Mitsui Trust Bank Ltd                                        | CUSIP: 86563VBF5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   4920000 | PA      | $4945091.95   | 0.24%             | 2026-03-09      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                | Jefferies Financial Group Inc                                         | CUSIP: 47233WHZ5<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   9615000 | PA      | $9611342.36   | 0.47%             | 2026-02-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust                                          | CUSIP: 262102AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2006213.60   | 0.10%             | 2032-09-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                     | Pacific Life Global Funding II                                        | CUSIP: 6944PL3G2<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3750836.03   | 0.19%             | 2027-02-04      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2024-1                                   | CUSIP: 24702GAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5030000 | PA      | $5063667.80   | 0.25%             | 2030-03-22      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-3                          | CUSIP: 96043CAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1922475 | PA      | $1923822.95   | 0.09%             | 2027-09-15      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin         | Santander Bank Auto Credit-Linked Notes Series 2023-A                 | CUSIP: 80290CBU7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    507185 | PA      | $508717.14    | 0.03%             | 2033-06-15      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                 | Chase Auto Owner Trust 2024-4                                         | CUSIP: 16144YAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    824915 | PA      | $826397.08    | 0.04%             | 2027-09-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                  | The Campbell's Company                                                | CUSIP: 134429BL2<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1199994.94   | 0.06%             | 2026-03-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2720000 | PA      | $2756947.53   | 0.14%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                          | Owens Corning                                                         | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   2360000 | PA      | $2401143.86   | 0.12%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HTL Commercial Mortgage Trust          | HTL Commercial Mortgage Trust 2024-T53                                | CUSIP: 404300AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5700000 | PA      | $5759270.88   | 0.28%             | 2039-05-10      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                | BPCE SA                                                               | CUSIP: 05571AAT2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    900000 | PA      | $909261.29    | 0.04%             | 2027-01-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-1                              | CUSIP: 36271KAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4469327 | PA      | $4469744.90   | 0.22%             | 2027-12-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2024-1                                          | CUSIP: 12515PAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2084025 | PA      | $2094961.48   | 0.10%             | 2032-03-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XXXII                                                      | CUSIP: 03768RAQ9<br>LEI: 549300CXPXW83QGWOL98 | Long             | ABS-CBDO         | CORP              | KY        |   4930342 | PA      | $4937934.67   | 0.24%             | 2033-01-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                       | Bank of Montreal                                                      | CUSIP: 06368MJG0<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   6895000 | PA      | $6989461.98   | 0.34%             | 2029-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2024-A                                          | CUSIP: 00218KAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5126592 | PA      | $5147566.94   | 0.25%             | 2032-11-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta         | Greystone CRE Notes 2025-FL4 LLC                                      | CUSIP: 39810MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5100000 | PA      | $5115527.46   | 0.25%             | 2043-01-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| DLLAA LLC                              | DLLAA 2023-1 LLC                                                      | CUSIP: 23292HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    119337 | PA      | $119392.94    | 0.01%             | 2026-07-20      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                              | Sunoco LP                                                             | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1129079.77   | 0.06%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                    | Bank of Nova Scotia/The                                               | CUSIP: 06418GAM9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   9760000 | PA      | $9831683.10   | 0.49%             | 2028-09-08      | Floating      | 5.34%                 | No            |                  2 | On Loan: —       |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers CLO 49 Ltd                             | CUSIP: 64135JAL6<br>LEI: 549300IN02DS1MN5HW62 | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $4999930.00   | 0.25%             | 2035-07-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R05                          | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3575504 | PA      | $3612167.47   | 0.18%             | 2043-06-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                               | BXMT 2020-FL2 LTD                                                     | CUSIP: 12434LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1875406 | PA      | $1869437.80   | 0.09%             | 2038-02-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM14 Trust                                                  | CUSIP: 67119XAC8<br>LEI: 254900C7ZCEHM7Y5MX79 | Long             | ABS-MBS          | CORP              | US        |   3771203 | PA      | $3743099.68   | 0.18%             | 2064-09-25      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2024-1                      | CUSIP: 78435VAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     82289 | PA      | $82310.83     | 0.00%             | 2027-06-21      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                           | SM Energy Co                                                          | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1347232.70   | 0.07%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                   | Cross 2024-H8 Mortgage Trust                                          | CUSIP: 22757GAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4464942 | PA      | $4472578.62   | 0.22%             | 2069-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P4                                | CUSIP: 14076LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3060412 | PA      | $3059958.33   | 0.15%             | 2028-02-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp                                                  | CUSIP: 06051GMU0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   9980000 | PA      | $10060475.23  | 0.50%             | 2029-05-09      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                    | PFS Financing Corp                                                    | CUSIP: 69335PFC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9100000 | PA      | $9112785.50   | 0.45%             | 2028-01-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                 | Santander Holdings USA Inc                                            | CUSIP: 80282KBK1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1545000 | PA      | $1561051.19   | 0.08%             | 2027-05-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Daimler Trucks Retail Trust            | Daimler Trucks Retail Trust 2024-1                                    | CUSIP: 233874AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    348662 | PA      | $348828.40    | 0.02%             | 2026-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                    | Churchill Downs Inc                                                   | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1973869.80   | 0.10%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-DNA2                               | CUSIP: 35564KT58<br>LEI: 5493000IRI80KQJUNK40 | Long             | ABS-MBS          | CORP              | US        |   4363423 | PA      | $4439365.19   | 0.22%             | 2043-04-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2025-C                        | CUSIP: 44935GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4300000 | PA      | $4297420.00   | 0.21%             | 2028-01-18      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2024-B                                   | CUSIP: 345279AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    878950 | PA      | $880450.99    | 0.04%             | 2027-02-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                  | HPEFS Equipment Trust 2023-2                                          | CUSIP: 44328UAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5254 | PA      | $5256.54      | 0.00%             | 2031-01-21      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced          | Volkswagen Auto Loan Enhanced Trust 2025-1                            | CUSIP: 92868MAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4100498.56   | 0.20%             | 2028-01-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R02                          | CUSIP: 20754GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1586277 | PA      | $1587321.50   | 0.08%             | 2044-02-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                          | Citigroup Inc                                                         | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  10370000 | PA      | $10382814.21  | 0.51%             | 2028-05-07      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2022-P3                                | CUSIP: 14686MAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    493310 | PA      | $493153.16    | 0.02%             | 2027-11-10      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                  | Aon North America Inc                                                 | CUSIP: 03740MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4820000 | PA      | $4867924.01   | 0.24%             | 2027-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU               | Ares Strategic Income Fund                                            | CUSIP: 04020EAL1<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |   8660000 | PA      | $8648872.42   | 0.43%             | 2028-09-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | Colt 2024-7 Mortgage Loan Trust                                       | CUSIP: 19688YAA2<br>LEI: 213800EA95GXXC9AJO50 | Long             | ABS-MBS          | CORP              | US        |   4612908 | PA      | $4615394.64   | 0.23%             | 2069-12-26      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP               | Toyota Motor Credit Corp                                              | CUSIP: 89236TMS1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2770000 | PA      | $2773997.05   | 0.14%             | 2027-10-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI                  | US Bank NA/Cincinnati OH                                              | CUSIP: 90331HPS6<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   5280000 | PA      | $5304149.72   | 0.26%             | 2028-05-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P2                                | CUSIP: 14688PAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    884080 | PA      | $885145.15    | 0.04%             | 2027-11-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust 2024-4                            | CUSIP: 30166UAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5300000 | PA      | $5307500.03   | 0.26%             | 2030-08-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                              | ONEOK Inc                                                             | CUSIP: 682680CB7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   5055000 | PA      | $5034506.52   | 0.25%             | 2027-09-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                 | Morgan Stanley Bank NA                                                | CUSIP: 61690U8D5<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3370385.32   | 0.17%             | 2028-07-14      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-2                          | CUSIP: 96042YAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3160000 | PA      | $3183018.70   | 0.16%             | 2028-02-15      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2024-S3                        | CUSIP: 80288CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1694762 | PA      | $1686845.67   | 0.08%             | 2027-09-16      | Fixed         | 1.33%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receiva         | AmeriCredit Automobile Receivables Trust 2024-1                       | CUSIP: 023947AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1187990 | PA      | $1188531.43   | 0.06%             | 2028-02-18      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853AV2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007433.50   | 0.05%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2025-1                      | CUSIP: 81885BAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2769370 | PA      | $2769898.77   | 0.14%             | 2028-05-22      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                     | Banco Santander SA                                                    | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  10000000 | PA      | $10088540.00  | 0.50%             | 2028-07-15      | Floating      | 5.44%                 | No            |                  2 | On Loan: —       |
| Vantage Data Centers LLC               | Vantage Data Centers Issuer LLC                                       | CUSIP: 92212KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5950000 | PA      | $5890101.95   | 0.29%             | 2054-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                 | American Honda Finance Corp                                           | CUSIP: 02665WFV8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   9735000 | PA      | $9747945.31   | 0.48%             | 2026-05-21      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2025-R03                          | CUSIP: 20754VAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4504731 | PA      | $4529605.67   | 0.22%             | 2045-03-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II               | Principal Life Global Funding II                                      | CUSIP: 74256LEX3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1829869.44   | 0.09%             | 2027-01-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM17 Trust                                                  | CUSIP: 673911AC7<br>LEI: 254900HMH8TR6ZSMCB34 | Long             | ABS-MBS          | CORP              | US        |   4334765 | PA      | $4335430.49   | 0.21%             | 2064-11-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust                                   | CUSIP: 30166XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2107457.52   | 0.10%             | 2029-07-16      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust 2024-2                                   | CUSIP: 26207AAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1588983 | PA      | $1589993.02   | 0.08%             | 2027-12-15      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                 | Bank of New York Mellon Corp/The                                      | CUSIP: 06406RCH8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   4965000 | PA      | $4976254.46   | 0.25%             | 2028-06-09      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                     | Regal Rexnord Corp                                                    | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   3640000 | PA      | $3638379.80   | 0.18%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2024-4                         | CUSIP: 802919AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1075875 | PA      | $1076581.60   | 0.05%             | 2027-07-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LT         | Golub Capital Partners CLO 53B Ltd                                    | CUSIP: 38177YAL6<br>LEI: 254900DPK2EA9C8DGV68 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2982030.00   | 0.15%             | 2034-07-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-XL5                                 | CUSIP: 05612GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6061233 | PA      | $6080361.43   | 0.30%             | 2041-03-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust              | Kubota Credit Owner Trust 2023-2                                      | CUSIP: 500945AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    543640 | PA      | $543896.18    | 0.03%             | 2026-07-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-MDHS                                | CUSIP: 12433BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3802076 | PA      | $3816673.52   | 0.19%             | 2041-05-15      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust 2024-1                                   | CUSIP: 26208WAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4016029 | PA      | $4019740.44   | 0.20%             | 2028-02-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2024-2                                   | CUSIP: 24704EAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10301328 | PA      | $10305344.31  | 0.51%             | 2030-08-22      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                       | GGAM Finance Ltd                                                      | CUSIP: 36170JAC0<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2061038.40   | 0.10%             | 2027-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T         | Honda Auto Receivables 2025-2 Owner Trust                             | CUSIP: 437921AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $4997587.00   | 0.25%             | 2028-01-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ONE Park Mortgage Trust                | ONE 2021-PARK Mortgage Trust                                          | CUSIP: 682413AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3950000 | PA      | $3883121.37   | 0.19%             | 2036-03-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                  | CUSIP: 78017DAL2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  10065000 | PA      | $10083483.06  | 0.50%             | 2029-08-06      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION               | Hess Midstream Operations LP                                          | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1255000 | PA      | $1293724.28   | 0.06%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                 | CCO Holdings LLC / CCO Holdings Capital Corp                          | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3010000 | PA      | $2987239.52   | 0.15%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2024-3                  | CUSIP: 10805NAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    266397 | PA      | $266460.90    | 0.01%             | 2027-02-16      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                   | M&T Bank Corp                                                         | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   3065000 | PA      | $3082021.97   | 0.15%             | 2029-01-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                   | Mercedes-Benz Finance North America LLC                               | CUSIP: 58769JAJ6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   6735000 | PA      | $6735000.00   | 0.33%             | 2025-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Trust 2024-VLT4                                                    | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1080000 | PA      | $1082062.69   | 0.05%             | 2029-07-15      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Auto Lease Trust         | Mercedes-Benz Auto Lease Trust 2024-B                                 | CUSIP: 58769GAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2389386 | PA      | $2390431.29   | 0.12%             | 2026-12-15      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Navistar Financial Dealer Note         | Navistar Financial Dealer Note Master Owner Trust II                  | CUSIP: 63938PBU2<br>LEI: 549300S28N49H5RT4J50 | Long             | ABS-O            | CORP              | US        |   2250000 | PA      | $2252221.65   | 0.11%             | 2028-08-25      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                    | Travel + Leisure Co                                                   | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   2985000 | PA      | $3008848.21   | 0.15%             | 2026-07-31      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust           | Ford Credit Auto Owner Trust 2023-A                                   | CUSIP: 344928AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3207396 | PA      | $3210336.76   | 0.16%             | 2028-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                 | Santander Holdings USA Inc                                            | CUSIP: 80282KBP0<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   7470000 | PA      | $7555826.57   | 0.37%             | 2029-03-20      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2024-4                   | CUSIP: 024945AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1377186 | PA      | $1376804.35   | 0.07%             | 2028-03-13      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US          | Goldentree Loan Management US CLO 5 Ltd                               | CUSIP: 38138DAY2<br>LEI: 549300O473GD3F35WC55 | Long             | ABS-CBDO         | CORP              | KY        |   3103259 | PA      | $3107057.87   | 0.15%             | 2032-10-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2022-R01                          | CUSIP: 20754LAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $5056736.00   | 0.25%             | 2041-12-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| DLLST LLC                              | DLLST 2024-1 LLC                                                      | CUSIP: 23346HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1303919.11   | 0.06%             | 2027-08-20      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp                                                           | CUSIP: 68389XBU8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2821786.86   | 0.14%             | 2027-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2024-3                          | CUSIP: 38012QAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1887904 | PA      | $1888936.79   | 0.09%             | 2027-01-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   8435000 | PA      | $8469835.79   | 0.42%             | 2027-07-28      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2025-B                                          | CUSIP: 00193GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001590.00   | 0.05%             | 2034-03-15      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2024-6 Mortgage Loan Trust                                       | CUSIP: 19688XAA4<br>LEI: 213800U2X2TO1PQH1O75 | Long             | ABS-MBS          | CORP              | US        |   5459027 | PA      | $5456703.55   | 0.27%             | 2069-11-25      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797QK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49892975.00  | 2.46%             | 2025-08-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Volvo Financial Equipment LLC          | Volvo Financial Equipment LLC Series 2025-1                           | CUSIP: 92887TAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $1099447.69   | 0.05%             | 2027-11-15      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2024-3                   | CUSIP: 02490BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1532010 | PA      | $1534025.21   | 0.08%             | 2027-11-12      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivable         | OneMain Direct Auto Receivables Trust 2021-1                          | CUSIP: 682687AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    131288 | PA      | $130589.29    | 0.01%             | 2028-07-14      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA7                               | CUSIP: 35564KL31<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-MBS          | CORP              | US        |   2511277 | PA      | $2542364.63   | 0.13%             | 2052-03-25      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM1 Trust                                                   | CUSIP: 673914AC1<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-MBS          | CORP              | US        |   3200219 | PA      | $3203173.29   | 0.16%             | 2064-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.             | USD/CAD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-2513.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS Rialto 2022-Fl4 Issuer LLC                                         | CUSIP: 30326MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    705689 | PA      | $709788.21    | 0.04%             | 2039-01-19      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                      | KREF 2021-FL2 Ltd                                                     | CUSIP: 48275RAA5<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |   2440136 | PA      | $2434047.57   | 0.12%             | 2039-02-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P1                                | CUSIP: 14688NAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    455299 | PA      | $455531.13    | 0.02%             | 2027-08-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                | Starwood Property Trust Inc                                           | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1322848.39   | 0.07%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                           | CaixaBank SA                                                          | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   6340000 | PA      | $6331743.29   | 0.31%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                            | Truist Bank                                                           | CUSIP: 89788JAE9<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  10205000 | PA      | $10205732.72  | 0.50%             | 2027-05-20      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                | BMW Vehicle Lease Trust                                               | CUSIP: 05613MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2048917 | PA      | $2050187.27   | 0.10%             | 2027-01-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2024-2                   | CUSIP: 02531BAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    526027 | PA      | $526179.08    | 0.03%             | 2027-02-12      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2024-B                                   | CUSIP: 345279AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5028833.00   | 0.25%             | 2027-12-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                  | Amrize Finance US LLC                                                 | CUSIP: 43475RAA4<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |   6800000 | PA      | $6804607.07   | 0.34%             | 2027-04-07      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                     | Credit Agricole SA                                                    | CUSIP: 22534PAH6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   8595000 | PA      | $8699064.65   | 0.43%             | 2027-03-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust             | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   7430000 | PA      | $7488327.88   | 0.37%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Crestline Denali CLO XVII, LLC         | Crestline Denali CLO XVII Ltd                                         | CUSIP: 22616TAN6<br>LEI: 254900BNO2GIP36AKL73 | Long             | ABS-CBDO         | CORP              | KY        |   1039883 | PA      | $1040019.13   | 0.05%             | 2031-10-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                    | United Airlines Inc                                                   | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1880000 | PA      | $1870013.82   | 0.09%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivable         | OneMain Direct Auto Receivables Trust 2023-1                          | CUSIP: 682685AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5115000 | PA      | $5149904.25   | 0.25%             | 2029-11-14      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                     | Energy Transfer LP                                                    | CUSIP: 29273VAR1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   6840000 | PA      | $6960155.07   | 0.34%             | 2026-12-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XFF8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5075000 | PA      | $5060492.81   | 0.25%             | 2028-04-04      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| TIAA CLO Ltd                           | TIAA CLO IV Ltd                                                       | CUSIP: 88631YAL1<br>LEI: 5493000Q4E256SBMCY29 | Long             | ABS-CBDO         | CORP              | KY        |   2641708 | PA      | $2643739.21   | 0.13%             | 2032-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                 | Tesla Auto Lease Trust 2024-B                                         | CUSIP: 881934AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1695767 | PA      | $1695994.42   | 0.08%             | 2027-01-20      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                            | Citibank NA                                                           | CUSIP: 17325FBL1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   9755000 | PA      | $9796916.26   | 0.48%             | 2027-11-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PFP III                                | PFP 2024-11 Ltd                                                       | CUSIP: 69291WAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3032107 | PA      | $3037521.96   | 0.15%             | 2039-09-17      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XLII Ltd                                         | CUSIP: 55822RAA8<br>LEI: 549300YWZ8HFDYP0MR16 | Long             | ABS-CBDO         | CORP              | KY        |   2591271 | PA      | $2592056.14   | 0.13%             | 2030-11-21      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked N         | Ally Bank Auto Credit-Linked Notes Series 2024-A                      | CUSIP: 02007GZ48<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1831105 | PA      | $1855441.51   | 0.09%             | 2032-05-17      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                   | Glencore Funding LLC                                                  | CUSIP: 378272BR8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3591566.56   | 0.18%             | 2027-04-04      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co LLC                                              | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1157855.16   | 0.06%             | 2026-12-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| General Motors                         | GMF Floorplan Owner Revolving Trust                                   | CUSIP: 361886DR2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4905515.93   | 0.24%             | 2029-11-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                 | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC        | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1992311.10   | 0.10%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM12 Trust                                                  | CUSIP: 67448PAA1<br>LEI: 254900MY906NOBBPOA44 | Long             | ABS-MBS          | CORP              | US        |   4025127 | PA      | $4016315.96   | 0.20%             | 2064-07-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust          | Life 2022-BMR Mortgage Trust                                          | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4100000 | PA      | $3994530.78   | 0.20%             | 2039-05-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                  | Toronto-Dominion Bank/The                                             | CUSIP: 89115A3A8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   9830000 | PA      | $9848510.58   | 0.49%             | 2026-12-17      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB         | GreatAmerica Leasing Receivables Funding LLC Series 2022-1            | CUSIP: 39154TBW7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3728380 | PA      | $3733062.13   | 0.18%             | 2026-09-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2024-3                      | CUSIP: 78436XAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2675575 | PA      | $2676577.64   | 0.13%             | 2028-05-22      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2024-B                                          | CUSIP: 04033HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3022337 | PA      | $3040384.11   | 0.15%             | 2033-04-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| BrightSpire Capital, Inc               | BRSP 2024-FL2 Ltd                                                     | CUSIP: 05613BAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4700000 | PA      | $4701824.07   | 0.23%             | 2037-08-19      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-3                          | CUSIP: 96043CAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5400000 | PA      | $5411422.08   | 0.27%             | 2028-04-17      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM3 Trust                                                   | CUSIP: 67448YAC8<br>LEI: 254900MBGY6CR10DAX67 | Long             | ABS-MBS          | CORP              | US        |   3038729 | PA      | $3047586.25   | 0.15%             | 2064-12-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2022-4                                        | CUSIP: 14318UAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1704918 | PA      | $1709824.57   | 0.08%             | 2027-08-16      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2022-3 Ltd                                 | CUSIP: 69690CAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    890233 | PA      | $890207.04    | 0.04%             | 2031-04-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi         | GM Financial Consumer Automobile Receivables Trust 2024-1             | CUSIP: 36268GAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    282627 | PA      | $282675.99    | 0.01%             | 2027-02-16      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                           | CubeSmart LP                                                          | CUSIP: 22966RAC0<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |   3950000 | PA      | $3939142.71   | 0.19%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK               | Huntington National Bank/The                                          | CUSIP: 44644MAK7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   4670000 | PA      | $4695490.35   | 0.23%             | 2028-04-12      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                    | Axon Enterprise Inc                                                   | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   2620000 | PA      | $2682359.62   | 0.13%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-3                                     | CUSIP: 924928AA2<br>LEI: 213800DYYV3EM7TSTN14 | Long             | ABS-MBS          | CORP              | US        |   2403121 | PA      | $2414805.51   | 0.12%             | 2070-05-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust               | Toyota Lease Owner Trust 2025-A                                       | CUSIP: 89239NAB1<br>LEI: 254900299R9KF5UH9O95 | Long             | ABS-O            | CORP              | US        |   3486241 | PA      | $3489884.38   | 0.17%             | 2027-07-20      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga         | MF1 2022-FL8 Ltd                                                      | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4266939 | PA      | $4272305.64   | 0.21%             | 2037-02-19      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp                                                  | CUSIP: 06051GMK2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   9480000 | PA      | $9599146.16   | 0.47%             | 2029-01-24      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                            | Truist Bank                                                           | CUSIP: 89788JAF6<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   7180000 | PA      | $7170778.80   | 0.35%             | 2028-07-24      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust               | Toyota Lease Owner Trust 2024-A                                       | CUSIP: 89238GAD3<br>LEI: 254900MVSB4M6HOIRE71 | Long             | ABS-O            | CORP              | US        |   3921064 | PA      | $3936048.75   | 0.19%             | 2027-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                               | BXMT 2020-FL2 LTD                                                     | CUSIP: 12434LAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2487560.50   | 0.12%             | 2038-02-15      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS Rialto 2024-FL9 Issuer LLC                                         | CUSIP: 30338WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5100000 | PA      | $5115252.06   | 0.25%             | 2039-10-19      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2024-DNA3                               | CUSIP: 35564NEY5<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | CORP              | US        |   3375000 | PA      | $3377829.60   | 0.17%             | 2044-10-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2022-R01                          | CUSIP: 20754LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    445415 | PA      | $445466.96    | 0.02%             | 2041-12-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                    | PFS Financing Corp                                                    | CUSIP: 69335PFW0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2700000 | PA      | $2702430.27   | 0.13%             | 2029-04-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Regatta XIII Funding LLC               | Regatta XIII Funding Ltd                                              | CUSIP: 75888FAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2300000 | PA      | $2300961.40   | 0.11%             | 2031-07-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| USB Auto Owner Trust                   | USB Auto Owner Trust 2025-1                                           | CUSIP: 90367VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1701005.72   | 0.08%             | 2028-06-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                     | Credit Agricole SA                                                    | CUSIP: 22534PAF0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   7990000 | PA      | $8062446.85   | 0.40%             | 2026-07-05      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co                                                      | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7055000 | PA      | $7157695.26   | 0.35%             | 2029-04-23      | Floating      | 5.69%                 | No            |                  2 | On Loan: —       |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                  | CUSIP: 78017FZQ9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   9840000 | PA      | $9832193.93   | 0.49%             | 2027-10-18      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2021-FL10 Ltd                                                     | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1297764 | PA      | $1299510.38   | 0.06%             | 2036-12-16      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                     | Macquarie Bank Ltd                                                    | CUSIP: 55608PBS2<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   2250000 | PA      | $2270387.66   | 0.11%             | 2026-12-07      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2021-FL10 Ltd                                                     | CUSIP: 07335YAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5280000 | PA      | $5286336.53   | 0.26%             | 2036-12-16      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                         | Air Lease Corp                                                        | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1734976.93   | 0.09%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2024-INV4 Mortgage Loan Trust                                    | CUSIP: 19688QAA9<br>LEI: 2138008UGM66WOAUY633 | Long             | ABS-MBS          | CORP              | US        |   1635573 | PA      | $1635730.54   | 0.08%             | 2069-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                       | Symphony CLO XVIII Ltd                                                | CUSIP: 87154GEY7<br>LEI: 549300JQYSBIW1AM8R32 | Long             | ABS-CBDO         | CORP              | KY        |   1656691 | PA      | $1656662.79   | 0.08%             | 2033-07-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC         | Wheels Fleet Lease Funding 1 LLC                                      | CUSIP: 96328GCE5<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   5100000 | PA      | $5111395.95   | 0.25%             | 2040-01-18      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Exeter Select Automobile Recei         | Exeter Select Automobile Receivables Trust 2025-2                     | CUSIP: 30185EAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2050000 | PA      | $2048565.00   | 0.10%             | 2029-06-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                  | Toronto-Dominion Bank/The                                             | CUSIP: 89115A3E0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   8160000 | PA      | $8249053.34   | 0.41%             | 2028-01-31      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797MG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  52700000 | PA      | $52662554.54  | 2.60%             | 2025-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC                  | AAR Escrow Issuer LLC                                                 | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2735000 | PA      | $2808349.97   | 0.14%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                     | BSPRT 2021-FL7 Issuer Ltd                                             | CUSIP: 05602CAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1251377 | PA      | $1254576.58   | 0.06%             | 2038-12-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XLIX Ltd                                         | CUSIP: 55820VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3750000 | PA      | $3746220.00   | 0.18%             | 2034-10-19      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Trust            | Ally Auto Receivables Trust 2024-2                                    | CUSIP: 02007NAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1636641 | PA      | $1636130.89   | 0.08%             | 2027-07-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | CarMax Auto Owner Trust 2022-1                                        | CUSIP: 14317CAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    914464 | PA      | $911032.79    | 0.04%             | 2026-12-15      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co                                                      | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3815000 | PA      | $3890377.95   | 0.19%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2025-1                   | CUSIP: 02528DAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3270015 | PA      | $3270569.68   | 0.16%             | 2028-07-12      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group Inc/The                                           | CUSIP: 38145GAM2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7865000 | PA      | $7866584.95   | 0.39%             | 2026-08-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2021-R03                          | CUSIP: 20754AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1122092 | PA      | $1121506.53   | 0.06%             | 2041-12-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Nissan Master Owner Trust Rece         | Nissan Master Owner Trust Receivables                                 | CUSIP: 65479VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4505400.00   | 0.22%             | 2028-02-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-2 LLC                                 | CUSIP: 29375RAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3026509 | PA      | $3038961.09   | 0.15%             | 2026-12-20      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                       | Ryder System Inc                                                      | CUSIP: 78355HLA5<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   3640000 | PA      | $3681848.68   | 0.18%             | 2027-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Stellantis Financial Underwrit         | Stellantis Financial Underwritten Enhanced Lease Trust 2025-A         | CUSIP: 858928AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2900000 | PA      | $2903377.63   | 0.14%             | 2027-07-20      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2023-3                          | CUSIP: 96041CAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2535277 | PA      | $2541091.99   | 0.13%             | 2027-05-17      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA2                               | CUSIP: 35564KRE1<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |   1880292 | PA      | $1884053.05   | 0.09%             | 2042-02-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2025-3                  | CUSIP: 107920AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1401799.00   | 0.07%             | 2029-01-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2023-4                          | CUSIP: 96041AAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    708536 | PA      | $708972.85    | 0.03%             | 2027-01-15      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                       | ABN AMRO Bank NV                                                      | CUSIP: 00084DBB5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   9500000 | PA      | $9617131.68   | 0.47%             | 2027-09-18      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                    | CNH Equipment Trust 2025-B                                            | CUSIP: 12675EAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1700376.89   | 0.08%             | 2028-11-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | Colt 2025-1 Mortgage Loan Trust                                       | CUSIP: 196920AC6<br>LEI: 21380069FFOP8RZNF423 | Long             | ABS-MBS          | CORP              | US        |   4658062 | PA      | $4665583.89   | 0.23%             | 2070-01-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2025-P2                                | CUSIP: 14688YAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1600543.36   | 0.08%             | 2028-08-10      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2016-3 Ltd                                                   | CUSIP: 92915HAW3<br>LEI: 549300001G5S0D8B8343 | Long             | ABS-CBDO         | CORP              | KY        |   2851456 | PA      | $2856132.89   | 0.14%             | 2031-10-18      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2025-2                   | CUSIP: 024938AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3187758 | PA      | $3188396.95   | 0.16%             | 2028-09-12      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2024-5                         | CUSIP: 802920AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3800000 | PA      | $3801267.68   | 0.19%             | 2028-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                 | NextEra Energy Capital Holdings Inc                                   | CUSIP: 65339KCS7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  10090000 | PA      | $10106176.79  | 0.50%             | 2026-01-29      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM2 Trust                                                   | CUSIP: 67120VAA3<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-MBS          | CORP              | US        |   3809593 | PA      | $3810488.58   | 0.19%             | 2064-11-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2023-1                                          | CUSIP: 12512XAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1658032 | PA      | $1665683.60   | 0.08%             | 2030-09-16      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2025-1 Ltd                                 | CUSIP: 69704CAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $994891.00    | 0.05%             | 2033-02-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| MARS INC                               | Mars Inc                                                              | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   4130000 | PA      | $4137175.26   | 0.20%             | 2027-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | CarMax Auto Owner Trust 2023-4                                        | CUSIP: 14318XAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    190405 | PA      | $190487.17    | 0.01%             | 2026-12-15      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| DLLAD LLC                              | DLLAD 2025-1 LLC                                                      | CUSIP: 23347BAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2099519.10   | 0.10%             | 2028-11-20      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                 | Match Group Holdings II LLC                                           | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $3004309.91   | 0.15%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R01                          | CUSIP: 207932AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1942519 | PA      | $1986010.70   | 0.10%             | 2042-12-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                       | ABN AMRO Bank NV                                                      | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   4900000 | PA      | $4944129.35   | 0.24%             | 2028-12-03      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                | Morgan Stanley Private Bank NA                                        | CUSIP: 61776NVE0<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   3575000 | PA      | $3572310.49   | 0.18%             | 2028-07-06      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2025-1                                   | CUSIP: 24703UAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3909253.92   | 0.19%             | 2027-07-22      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage T         | STWD 2021-FL2 Ltd                                                     | CUSIP: 78486BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1891931 | PA      | $1886180.83   | 0.09%             | 2038-04-18      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                      | State Street Corp                                                     | CUSIP: 857477DA8<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3511377.84   | 0.17%             | 2028-04-24      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI               | Antero Midstream Partners LP / Antero Midstream Finance Corp          | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4865000 | PA      | $4871209.59   | 0.24%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| John Deere Owner Trust                 | John Deere Owner Trust 2024-C                                         | CUSIP: 477911AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2150537 | PA      | $2151591.97   | 0.11%             | 2027-08-16      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-1                              | CUSIP: 36271KAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4910573.22   | 0.24%             | 2028-09-15      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| EQT CORP                               | EQT Corp                                                              | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   7301000 | PA      | $7197516.72   | 0.36%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG               | New York Life Global Funding                                          | CUSIP: 64953BBF4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   5425000 | PA      | $5492402.37   | 0.27%             | 2026-09-18      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEM4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5460000 | PA      | $5494921.07   | 0.27%             | 2028-07-22      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2024-A                        | CUSIP: 448988AD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5010979.00   | 0.25%             | 2027-03-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2022-P1                                | CUSIP: 14688DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    318411 | PA      | $318262.94    | 0.02%             | 2027-02-10      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co LLC                                              | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    900000 | PA      | $895794.48    | 0.04%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2025-2                                        | CUSIP: 14320AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3700000 | PA      | $3711806.70   | 0.18%             | 2028-07-17      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION               | Hess Midstream Operations LP                                          | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5125000 | PA      | $5213237.13   | 0.26%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2016-3 Ltd                                                   | CUSIP: 92915HAY9<br>LEI: 549300001G5S0D8B8343 | Long             | ABS-CBDO         | CORP              | KY        |   4613636 | PA      | $4607993.52   | 0.23%             | 2031-10-18      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | MMAF Equipment Finance LLC 2024-A                                     | CUSIP: 55318CAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1844282 | PA      | $1848771.98   | 0.09%             | 2027-09-13      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-1                          | CUSIP: 96043RAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4633000 | PA      | $4638819.97   | 0.23%             | 2027-05-17      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2023-C                        | CUSIP: 44935VAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5849689 | PA      | $5865387.31   | 0.29%             | 2026-12-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                | BMW Vehicle Lease Trust 2025-1                                        | CUSIP: 096912AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1601521.92   | 0.08%             | 2027-09-27      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES         | Mercedes-Benz Auto Receivables Trust 2023-1                           | CUSIP: 58770AAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1113364 | PA      | $1113607.39   | 0.05%             | 2027-11-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM7 Trust                                                   | CUSIP: 67121DAA2<br>LEI: 2549008GB179CC65SK60 | Long             | ABS-MBS          | CORP              | US        |   4709698 | PA      | $4722116.71   | 0.23%             | 2055-05-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                  | SBNA Auto Lease Trust 2024-C                                          | CUSIP: 78398DAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1266271 | PA      | $1266847.55   | 0.06%             | 2026-11-20      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2025-3                   | CUSIP: 02528EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1702021.30   | 0.08%             | 2029-01-12      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2024-3 Ltd                                 | CUSIP: 69690EAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4381220 | PA      | $4381163.53   | 0.22%             | 2032-08-08      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                | Dryden 40 Senior Loan Fund                                            | CUSIP: 26244GAS4<br>LEI: 549300BH0PFEW6WVTN52 | Long             | ABS-CBDO         | CORP              | KY        |   3228801 | PA      | $3231170.52   | 0.16%             | 2031-08-15      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2025-1                          | CUSIP: 96043VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5200000 | PA      | $5201182.48   | 0.26%             | 2028-01-18      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT                     | UBS AG/Stamford CT                                                    | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |   5045000 | PA      | $5077913.08   | 0.25%             | 2028-01-10      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Beechwood Park CLO Ltd.                | Beechwood Park CLO Ltd                                                | CUSIP: 07355TAU6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5013130.00   | 0.25%             | 2035-01-17      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust         | Hyundai Auto Receivables Trust 2025-B                                 | CUSIP: 44935XAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5004467.00   | 0.25%             | 2028-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust 2021-3                                   | CUSIP: 262081AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4088875 | PA      | $4021260.09   | 0.20%             | 2029-06-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FU               | HPS Corporate Lending Fund                                            | CUSIP: 40440VAL9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |   8330000 | PA      | $8332658.94   | 0.41%             | 2027-06-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Regatta XIII Funding LLC               | Regatta XIII Funding Ltd                                              | CUSIP: 75888FAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2184046 | PA      | $2183983.13   | 0.11%             | 2031-07-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                  | CUSIP: 78016HZY9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   9250000 | PA      | $9277968.12   | 0.46%             | 2027-07-23      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-         | AutoNation Finance Trust 2025-1                                       | CUSIP: 05330QAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2102369.22   | 0.10%             | 2028-04-10      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP               | Toyota Motor Credit Corp                                              | CUSIP: 89236TKV6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   4020000 | PA      | $4038185.68   | 0.20%             | 2026-05-18      | Floating      | 5.23%                 | No            |                  2 | On Loan: —       |
| ALUMINA PTY LTD                        | Alumina Pty Ltd                                                       | CUSIP: 02220AAA5<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |   3150000 | PA      | $3187573.20   | 0.16%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2023-A                                          | CUSIP: 00218GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2485278 | PA      | $2488543.14   | 0.12%             | 2032-02-17      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2024-3                                        | CUSIP: 14319GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2244330 | PA      | $2249059.25   | 0.11%             | 2027-09-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R06                          | CUSIP: 20755RAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1348419 | PA      | $1348414.72   | 0.07%             | 2044-09-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-AIRC                                | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4868215 | PA      | $4891600.07   | 0.24%             | 2039-08-15      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-XL4                                 | CUSIP: 05611VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6818181 | PA      | $6836502.37   | 0.34%             | 2039-02-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| GMF Canada Leasing Trust               | GMF Canada Leasing Trust                                              | CUSIP: 36252MDR8<br>LEI: 549300KHZQ7YBTEOJU80 | Long             | ABS-O            | CORP              | CA        |   4951817 | PA      | $3573556.58   | 0.18%             | 2026-10-20      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                 | Chase Auto Owner Trust 2024-5                                         | CUSIP: 16144QAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1790504 | PA      | $1789400.87   | 0.09%             | 2027-11-26      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                 | Goldman Sachs Bank USA/New York NY                                    | CUSIP: 38151LAH3<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   6950000 | PA      | $6969451.45   | 0.34%             | 2027-05-21      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2022-R02                          | CUSIP: 20754BAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1058696 | PA      | $1059101.47   | 0.05%             | 2042-01-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                   | OneMain Finance Corp                                                  | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2305704.00   | 0.11%             | 2030-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA6                               | CUSIP: 35564KH36<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | CORP              | US        |   3682925 | PA      | $3712253.34   | 0.18%             | 2042-09-25      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-INV1                                  | CUSIP: 924929AC6<br>LEI: 213800YO7QOQOFRSRN78 | Long             | ABS-MBS          | CORP              | US        |   3422572 | PA      | $3425617.04   | 0.17%             | 2070-02-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R05                          | CUSIP: 20754XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7552647 | PA      | $7566097.03   | 0.37%             | 2044-07-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                   | Cross 2024-H7 Mortgage Trust                                          | CUSIP: 22757CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2728657 | PA      | $2730860.99   | 0.13%             | 2069-11-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES7                                         | CUSIP: 74943AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5100000 | PA      | $5113006.53   | 0.25%             | 2055-07-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| M&T Equipment Notes                    | M&T Equipment 2025-LEAF1 Notes                                        | CUSIP: 55340QAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4107485.78   | 0.20%             | 2027-12-16      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                      | Brown & Brown Inc                                                     | CUSIP: 115236AH4<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2365000 | PA      | $2369892.83   | 0.12%             | 2026-12-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2025-A                                   | CUSIP: 345282AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3906318.78   | 0.19%             | 2027-08-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2024-8                                     | CUSIP: 92540PAA6<br>LEI: 213800RZ8QGNZ38DSP77 | Long             | ABS-MBS          | CORP              | US        |   2266869 | PA      | $2263565.46   | 0.11%             | 2069-10-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| XHR LP                                 | XHR LP                                                                | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |    960000 | PA      | $976921.92    | 0.05%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co LLC                                              | CUSIP: 345397C50<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3637187.39   | 0.18%             | 2026-03-06      | Floating      | 7.29%                 | No            |                  2 | On Loan: —       |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3905165.08   | 0.19%             | 2028-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   6950000 | PA      | $6938904.81   | 0.34%             | 2027-07-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES6                                         | CUSIP: 748949AA2<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-MBS          | CORP              | US        |   1829234 | PA      | $1835472.98   | 0.09%             | 2055-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                           | Ares XXXVII CLO Ltd                                                   | CUSIP: 04015NAN4<br>LEI: 635400YF4AHA6NB2CU53 | Long             | ABS-CBDO         | CORP              | KY        |   1101557 | PA      | $1102341.47   | 0.05%             | 2030-10-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                     | Macquarie Bank Ltd                                                    | CUSIP: 55608PBU7<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   3620000 | PA      | $3652539.96   | 0.18%             | 2027-07-02      | Floating      | 5.27%                 | No            |                  2 | On Loan: —       |
| BAE SYSTEMS PLC                        | BAE Systems PLC                                                       | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |   2415000 | PA      | $2436112.32   | 0.12%             | 2027-03-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4730000 | PA      | $4764132.06   | 0.24%             | 2028-07-26      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY               | Standard Industries Inc/NY                                            | CUSIP: 853496AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3025000 | PA      | $3025356.65   | 0.15%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2024-R1                                    | CUSIP: 924926AA6<br>LEI: 213800A8V9BALJ9WKP38 | Long             | ABS-MBS          | CORP              | US        |   1744642 | PA      | $1735788.51   | 0.09%             | 2069-09-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                            | PNC Bank NA                                                           | CUSIP: 69353RFY9<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   7485000 | PA      | $7476829.15   | 0.37%             | 2027-05-13      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2015-3 Ltd                                                   | CUSIP: 92913UBC9<br>LEI: 254900MS3D9HONB0N824 | Long             | ABS-CBDO         | CORP              | KY        |   3744532 | PA      | $3745221.49   | 0.18%             | 2031-10-20      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2025-R04                          | CUSIP: 20755TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2551176 | PA      | $2552567.17   | 0.13%             | 2045-05-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2025-P1                         | CUSIP: 96043LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1201326.24   | 0.06%             | 2028-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P         | Freddie Mac Multifamily Structured Pass Through Certificates          | CUSIP: 3137FNXA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4706554 | PA      | $4715105.51   | 0.23%             | 2029-08-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | MMAF Equipment Finance LLC 2023-A                                     | CUSIP: 55317WAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1331229 | PA      | $1333990.97   | 0.07%             | 2026-11-13      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4865000 | PA      | $4952288.56   | 0.24%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797RM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  70000000 | PA      | $69221926.90  | 3.42%             | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2025-2                      | CUSIP: 78398HAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1800000 | PA      | $1801445.76   | 0.09%             | 2028-11-20      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co LLC                                              | CUSIP: 345397E74<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3060000 | PA      | $3082155.32   | 0.15%             | 2027-05-17      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS Rialto 2021-FL3                                                    | CUSIP: 30323CAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3502285.15   | 0.17%             | 2036-11-16      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2024-DNA3                               | CUSIP: 35564NEZ2<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | CORP              | US        |    984167 | PA      | $984121.90    | 0.05%             | 2044-10-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                  | Continental Resources Inc/OK                                          | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   3469000 | PA      | $3359144.09   | 0.17%             | 2026-11-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS RIALTO                                                             | CUSIP: 30319YAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $996364.40    | 0.05%             | 2038-05-16      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN               | Jefferson Capital Holdings LLC                                        | CUSIP: 472481AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2000956.40   | 0.10%             | 2026-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| ARTHUR J GALLAGHER & CO                | Arthur J Gallagher & Co                                               | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1937442.12   | 0.10%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                            | Citibank NA                                                           | CUSIP: 17325FBH0<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   2715000 | PA      | $2726560.36   | 0.13%             | 2026-08-06      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2025-FL14 LLC                                                     | CUSIP: 072921AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2800000 | PA      | $2798629.96   | 0.14%             | 2042-10-21      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                | Morgan Stanley Private Bank NA                                        | CUSIP: 61776NVF7<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   5880000 | PA      | $5891356.10   | 0.29%             | 2028-07-06      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust         | Hyundai Auto Receivables Trust 2022-A                                 | CUSIP: 448977AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1461000 | PA      | $1450660.36   | 0.07%             | 2028-04-17      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                | Blackstone Secured Lending Fund                                       | CUSIP: 09261XAD4<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   7485000 | PA      | $7162845.23   | 0.35%             | 2027-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| PAYDEN CASH RESERVES MONEY MARKET      | PAYDEN CASH RESERVES MONEY MARKET                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   6595490 | NS      | $6595490.10   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BDS Ltd                                | BDS 2021-FL9 Ltd                                                      | CUSIP: 05493NAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2254437.00   | 0.11%             | 2038-11-16      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                         | Morgan Stanley                                                        | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   9660000 | PA      | $9712790.84   | 0.48%             | 2028-04-13      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                            | PNC Bank NA                                                           | CUSIP: 69353RFZ6<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   2865000 | PA      | $2865368.87   | 0.14%             | 2028-07-21      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                 | Chase Auto Owner Trust 2025-1                                         | CUSIP: 16145NAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3300000 | PA      | $3304402.20   | 0.16%             | 2028-07-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                     | BMW US Capital LLC                                                    | CUSIP: 05565ECH6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   9825000 | PA      | $9902597.36   | 0.49%             | 2027-04-02      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                  | SBNA Auto Lease Trust 2025-A                                          | CUSIP: 78437KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3790803 | PA      | $3791570.38   | 0.19%             | 2027-04-20      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                | Blackstone Secured Lending Fund                                       | CUSIP: 09261XAH5<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   2660000 | PA      | $2706832.81   | 0.13%             | 2027-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2023-B                                          | CUSIP: 04033GAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1831577 | PA      | $1845319.46   | 0.09%             | 2032-07-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2025-1                                          | CUSIP: 12515XAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3005941.20   | 0.15%             | 2032-10-14      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust               | JP Morgan Mortgage Trust Series 2025-NQM1                             | CUSIP: 46593QAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4692864 | PA      | $4735292.62   | 0.23%             | 2065-06-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust           | GS Mortgage Securities Corp Trust 2023-SHIP                           | CUSIP: 36270GAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2691146.16   | 0.13%             | 2038-09-10      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-2                              | CUSIP: 37989BAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4200000 | PA      | $4202649.36   | 0.21%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                        | AREIT 2024-CRE9 Ltd                                                   | CUSIP: 00193AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2858937 | PA      | $2859374.57   | 0.14%             | 2041-05-17      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                      | General Mills Inc                                                     | CUSIP: 370334CX0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1413851.15   | 0.07%             | 2027-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | Rad CLO 7 Ltd                                                         | CUSIP: 74936GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6009036.00   | 0.30%             | 2036-04-17      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP               | Toyota Motor Credit Corp                                              | CUSIP: 89236TML6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   8780000 | PA      | $8822583.88   | 0.44%             | 2026-08-07      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R02                          | CUSIP: 20755AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    774363 | PA      | $792421.26    | 0.04%             | 2043-01-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                              | ONEOK Inc                                                             | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   3125000 | PA      | $3158661.22   | 0.16%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                 | Skandinaviska Enskilda Banken AB                                      | CUSIP: 830505AZ6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   3445000 | PA      | $3488581.28   | 0.17%             | 2027-03-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816EE5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   5320000 | PA      | $5399795.05   | 0.27%             | 2029-04-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: —       |
| Nissan Auto Lease Trust                | Nissan Auto Lease Trust 2025-B                                        | CUSIP: 65481RAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4897060.00   | 0.24%             | 2028-03-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                       | Flatiron RR CLO 22 LLC                                                | CUSIP: 33883QAQ8<br>LEI: 5493000CIUZPG6SZO932 | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $4976385.00   | 0.25%             | 2034-10-15      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2024-4                  | CUSIP: 10806EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4050000 | PA      | $4051269.27   | 0.20%             | 2028-09-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797QM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49810489.00  | 2.46%             | 2025-09-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC               | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                   | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1885000 | PA      | $1839514.38   | 0.09%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   4570000 | PA      | $4583981.50   | 0.23%             | 2027-09-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2024-3                              | CUSIP: 37989AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1517029 | PA      | $1518921.63   | 0.07%             | 2027-08-16      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2021-3                         | CUSIP: 80287EAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4300000 | PA      | $4287195.46   | 0.21%             | 2028-10-16      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Payden Floating Rate Fund              | Payden Floating Rate Fund                                             | CUSIP: 704329218<br>LEI: 5493007MAZSH4J3PH219 | Long             | EC               | RF                | US        |   2726002 | NS      | $26360441.61  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MMAF Equipment Finance LLC             | MMAF Equipment Finance LLC 2022-A                                     | CUSIP: 55317RAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    361348 | PA      | $359235.79    | 0.02%             | 2028-01-13      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2021-DNA5                               | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | CORP              | US        |   1749466 | PA      | $1756359.01   | 0.09%             | 2034-01-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                     | BSPRT 2021-FL7 Issuer Ltd                                             | CUSIP: 05602CAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1033000 | PA      | $1034187.43   | 0.05%             | 2038-12-15      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                    | COMM 2025-SBX Mortgage Trust                                          | CUSIP: 20047UAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5200000 | PA      | $5196880.00   | 0.26%             | 2041-08-10      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                | Hyundai Capital America                                               | CUSIP: 44891ACW5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   6285000 | PA      | $6346928.05   | 0.31%             | 2027-01-08      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| MCR Mortgage Trust                     | MCR 2024-HTL Mortgage Trust                                           | CUSIP: 55286PAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2497646 | PA      | $2500393.41   | 0.12%             | 2037-02-15      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB         | GreatAmerica Leasing Receivables Funding LLC                          | CUSIP: 39154GAH9<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1899433.61   | 0.09%             | 2027-10-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM18 Trust                                                  | CUSIP: 673913AA7<br>LEI: 254900NK9PNLY9I00149 | Long             | ABS-MBS          | CORP              | US        |   3673860 | PA      | $3663567.33   | 0.18%             | 2064-10-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Buttermilk Park CLO Ltd                | Buttermilk Park CLO Ltd                                               | CUSIP: 124166AS8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4995315.00   | 0.25%             | 2031-10-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2024-C                        | CUSIP: 448984AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2378020 | PA      | $2380930.36   | 0.12%             | 2027-03-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi         | GM Financial Consumer Automobile Receivables Trust 2023-1             | CUSIP: 38013JAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2957454 | PA      | $2959627.17   | 0.15%             | 2028-02-16      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2025-B                                   | CUSIP: 34533MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $4997907.50   | 0.25%             | 2028-03-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2025-2                          | CUSIP: 96041KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2500605.50   | 0.12%             | 2028-09-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                 | Banque Federative du Credit Mutuel SA                                 | CUSIP: 06675FBC0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   4270000 | PA      | $4307592.57   | 0.21%             | 2027-01-23      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2025-B                        | CUSIP: 44935DAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3300000 | PA      | $3311002.20   | 0.16%             | 2027-09-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Exeter Select Automobile Recei         | Exeter Select Automobile Receivables Trust 2025-1                     | CUSIP: 30185AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4965000 | PA      | $4965598.78   | 0.25%             | 2028-10-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                 | Protective Life Global Funding                                        | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   2465000 | PA      | $2484019.92   | 0.12%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2024-3                          | CUSIP: 38012QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3630584 | PA      | $3626061.49   | 0.18%             | 2027-01-20      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2023-1                                   | CUSIP: 24702HAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1614760 | PA      | $1617360.21   | 0.08%             | 2028-09-22      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| DBGS Mortgage Trust                    | DBGS 2024-SBL                                                         | CUSIP: 23306QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5050000 | PA      | $5063157.27   | 0.25%             | 2034-08-15      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R06                          | CUSIP: 20754EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3953450 | PA      | $3977883.46   | 0.20%             | 2043-07-25      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R04                          | CUSIP: 20754QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2833847 | PA      | $2891848.62   | 0.14%             | 2043-05-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-HQA3                               | CUSIP: 35564K3F4<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | CORP              | US        |   7018631 | PA      | $7104403.59   | 0.35%             | 2043-11-25      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta         | Greystone CRE Notes 2024-HC3                                          | CUSIP: 39808MAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5007988.50   | 0.25%             | 2041-03-15      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                 | Canadian Imperial Bank of Commerce                                    | CUSIP: 13607LWU3<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   9905000 | PA      | $9997803.21   | 0.49%             | 2026-10-02      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group Inc/The                                  | CUSIP: 693475BT1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4855000 | PA      | $4970669.60   | 0.25%             | 2027-10-20      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Lo         | Arbor Realty Commercial Real Estate Notes 2022-FL1 Ltd                | CUSIP: 03880XAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2006306 | PA      | $2010771.54   | 0.10%             | 2037-01-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| Verde CLO Ltd                          | VERDE CLO Ltd                                                         | CUSIP: 92338BAW5<br>LEI: 254900DT3DF8KM5RRZ79 | Long             | ABS-CBDO         | CORP              | KY        |   3609667 | PA      | $3610060.92   | 0.18%             | 2032-04-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                    | LCM 31 Ltd                                                            | CUSIP: 50201QAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1700000 | PA      | $1701895.50   | 0.08%             | 2034-07-20      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                        | Danske Bank A/S                                                       | CUSIP: 23636ABG5<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   3965000 | PA      | $4020598.10   | 0.20%             | 2028-03-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM15 Trust                                                  | CUSIP: 67449DAA7<br>LEI: 254900YXEB756F6RCA13 | Long             | ABS-MBS          | CORP              | US        |   2104102 | PA      | $2095247.16   | 0.10%             | 2064-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-1 LLC                                 | CUSIP: 29375PAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6229550 | PA      | $6268331.23   | 0.31%             | 2030-03-20      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816EL9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   7110000 | PA      | $7121295.80   | 0.35%             | 2029-07-20      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin         | Santander Bank Auto Credit-Linked Notes Series 2022-C                 | CUSIP: 80290CBF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     60206 | PA      | $60227.87     | 0.00%             | 2032-12-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL         | Stack Infrastructure Issuer LLC                                       | CUSIP: 85236KAE2<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   1094000 | PA      | $1070641.46   | 0.05%             | 2046-03-26      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-3 LLC                                 | CUSIP: 29375QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2864211 | PA      | $2875282.13   | 0.14%             | 2027-04-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                  | Antero Resources Corp                                                 | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |   7892000 | PA      | $7862123.73   | 0.39%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                  | HPEFS Equipment Trust 2025-1                                          | CUSIP: 40446EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1200228.12   | 0.06%             | 2032-09-20      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2022-R06                          | CUSIP: 20754NAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1846533 | PA      | $1886412.30   | 0.09%             | 2042-05-25      | Floating      | 7.10%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                | TRTX 2025-FL6 Issuer Ltd                                              | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4990331.00   | 0.25%             | 2042-09-18      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                  | CUSIP: 78016HZT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   2045000 | PA      | $2061722.17   | 0.10%             | 2027-01-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                       | NTT Finance Corp                                                      | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   4310000 | PA      | $4315102.74   | 0.21%             | 2027-07-16      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP               | National Rural Utilities Cooperative Finance Corp                     | CUSIP: 63743HFU1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   9900000 | PA      | $9940342.30   | 0.49%             | 2027-09-16      | Floating      | 5.16%                 | No            |                  2 | On Loan: —       |
| BLUE RACER MID LLC/FINAN               | Blue Racer Midstream LLC / Blue Racer Finance Corp                    | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1452983.00   | 0.07%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust             | Flagship Credit Auto Trust 2023-3                                     | CUSIP: 33846BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150798 | PA      | $150836.46    | 0.01%             | 2027-07-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                 | Aviation Capital Group LLC                                            | CUSIP: 05369AAR2<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   2170000 | PA      | $2172033.77   | 0.11%             | 2027-04-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                   | Mercedes-Benz Finance North America LLC                               | CUSIP: 58769JAV9<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   7285000 | PA      | $7305844.93   | 0.36%             | 2026-07-31      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL               | Penske Truck Leasing Co Lp / PTL Finance Corp                         | CUSIP: 709599BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1965000 | PA      | $1982053.08   | 0.10%             | 2027-01-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2023-2                          | CUSIP: 362548AD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    434422 | PA      | $434480.64    | 0.02%             | 2026-07-20      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P3                                | CUSIP: 146919AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    947177 | PA      | $946814.59    | 0.05%             | 2027-11-10      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                           | Navient Corp                                                          | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1979529.12   | 0.10%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Payden Cash Reserves Money Market Fund | Payden Cash Reserves Money Market Fund                                | CUSIP: 704329598<br>LEI: 549300SI0EB26HO5RT16 | Long             | STIV             | RF                | US        |    634790 | NS      | $634790.46    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION INC               | Allison Transmission Inc                                              | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |   2970000 | PA      | $2942042.50   | 0.15%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                  | Athene Global Funding                                                 | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   8360000 | PA      | $8401386.35   | 0.41%             | 2027-01-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4100000 | PA      | $4133081.34   | 0.20%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU         | SoFi Consumer Loan Program 2025-1 Trust                               | CUSIP: 83406YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4383821 | PA      | $4389827.21   | 0.22%             | 2034-02-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DL0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4260000 | PA      | $4276999.23   | 0.21%             | 2026-10-30      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                 | Canadian Imperial Bank of Commerce                                    | CUSIP: 13607PVP6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   9430000 | PA      | $9483100.80   | 0.47%             | 2028-01-13      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| ACREC LLC                              | ACREC 2023-FL2 LLC                                                    | CUSIP: 00501BAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3670468 | PA      | $3679621.51   | 0.18%             | 2038-02-19      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US          | Goldentree Loan Management US Clo 8 Ltd                               | CUSIP: 38136NAY2<br>LEI: 549300LOEERRNVSKVY31 | Long             | ABS-CBDO         | CORP              | KY        |   3200000 | PA      | $3201539.20   | 0.16%             | 2034-10-20      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                    | Sirius XM Radio LLC                                                   | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   3060000 | PA      | $2993778.82   | 0.15%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS RIALTO                                                             | CUSIP: 30319YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3452951 | PA      | $3446626.71   | 0.17%             | 2038-05-16      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management Ltd                | Highbridge Loan Management 5-2015 Ltd                                 | CUSIP: 44331DAS8<br>LEI: 54930067MZ9NV8B3SZ80 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1498276.50   | 0.07%             | 2030-10-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers Clo 42 Ltd                             | CUSIP: 64133WAL9<br>LEI: 549300LGCRX4YI1JNS93 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4998725.00   | 0.25%             | 2036-07-16      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                           | Synopsys Inc                                                          | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $4488594.34   | 0.22%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust 2024-5                            | CUSIP: 30165BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    639597 | PA      | $639618.95    | 0.03%             | 2027-04-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Porsche Innovative Lease Owner         | Porsche Innovative Lease Owner Trust 2024-2                           | CUSIP: 73328NAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300706 | PA      | $1301244.73   | 0.06%             | 2026-12-21      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                     | BSPRT 2023-FL10 Issuer Ltd                                            | CUSIP: 05610VAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6592362 | PA      | $6603235.81   | 0.33%             | 2035-09-15      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust               | JP Morgan Mortgage Trust Series 2024-NQM1                             | CUSIP: 465983AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4285328 | PA      | $4289550.86   | 0.21%             | 2064-02-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-1                                     | CUSIP: 92540TAA8<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-MBS          | CORP              | US        |   4683384 | PA      | $4697147.74   | 0.23%             | 2070-01-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-2                          | CUSIP: 96042YAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1612749 | PA      | $1613737.52   | 0.08%             | 2027-08-16      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-HQA1                               | CUSIP: 35564KTA7<br>LEI: 5493000IRODEKU3J3Q16 | Long             | ABS-MBS          | CORP              | US        |   1562042 | PA      | $1570861.65   | 0.08%             | 2042-03-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2024-DNA1                               | CUSIP: 35564NAW3<br>LEI: 529900N6M839KA246662 | Long             | ABS-MBS          | CORP              | US        |   3422426 | PA      | $3440461.77   | 0.17%             | 2044-02-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Diamond Infrastructure Funding         | Diamond Infrastructure Funding LLC                                    | CUSIP: 25265LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4300000 | PA      | $4085174.15   | 0.20%             | 2049-04-15      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                | American Electric Power Co Inc                                        | CUSIP: 02557TAD1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   4180000 | PA      | $4180700.65   | 0.21%             | 2025-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                | Corebridge Global Funding                                             | CUSIP: 00138CBD9<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   2090000 | PA      | $2115803.12   | 0.10%             | 2028-01-07      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Tharaldson Hotel Portfolio Tru         | THPT 2023-THL Mortgage Trust                                          | CUSIP: 87252LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6450735 | PA      | $6548496.06   | 0.32%             | 2034-12-10      | Variable      | 6.99%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                   | Verizon Master Trust                                                  | CUSIP: 92348KDY6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4119716.90   | 0.20%             | 2030-03-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                 | Alliant Energy Finance LLC                                            | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   2485000 | PA      | $2507666.70   | 0.12%             | 2027-06-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust           | Ford Credit Auto Owner Trust 2025-A                                   | CUSIP: 34535KAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4502643.75   | 0.22%             | 2027-12-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                    | CNH Equipment Trust 2023-B                                            | CUSIP: 12666DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     62319 | PA      | $62340.43     | 0.00%             | 2027-02-16      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group Inc/The                                  | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1917499.62   | 0.09%             | 2028-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                          | Carnival Corp                                                         | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1750000 | PA      | $1776183.26   | 0.09%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                    | Hotwire Funding LLC                                                   | CUSIP: 44148JAA7<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   3040000 | PA      | $2928258.42   | 0.14%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                     | Ally Financial Inc                                                    | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2980000 | PA      | $2984258.66   | 0.15%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                    | Meritage Homes Corp                                                   | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   1990000 | PA      | $2001233.55   | 0.10%             | 2027-06-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| General Motors                         | GMF Floorplan Owner Revolving Trust Series 2025-1                     | CUSIP: 361886DV3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3700000 | PA      | $3711447.80   | 0.18%             | 2029-03-15      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| COLT FUNDING LLC                       | COLT 2025-8 MORTGAGE LOAN TRUST                                       | CUSIP: 19689DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4800000 | PA      | $4797120.00   | 0.24%             | 2070-08-25      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2025-3                                        | CUSIP: 14290FAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2900000 | PA      | $2901002.82   | 0.14%             | 2028-08-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.             | CAD/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $65700.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Porsche Innovative Lease Owner         | Porsche Innovative Lease Owner Trust 2025-1                           | CUSIP: 73329KAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2800000 | PA      | $2802871.12   | 0.14%             | 2027-12-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2025-A                                          | CUSIP: 04033CAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4400000 | PA      | $4395215.00   | 0.22%             | 2034-01-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                 | Goldman Sachs Bank USA/New York NY                                    | CUSIP: 38151LAF7<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   8620000 | PA      | $8652228.54   | 0.43%             | 2027-03-18      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2025-1                  | CUSIP: 10806HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4500217.80   | 0.22%             | 2028-08-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group Inc/The                                           | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5320000 | PA      | $5353420.88   | 0.26%             | 2028-04-23      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                   | National Fuel Gas Co                                                  | CUSIP: 636180BS9<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   9600000 | PA      | $9670591.39   | 0.48%             | 2026-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2025-1 LLC                                 | CUSIP: 29390HAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4907285.32   | 0.24%             | 2027-10-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797RC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  60000000 | PA      | $59478069.00  | 2.94%             | 2025-10-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                  | Freedom Mortgage Holdings LLC                                         | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    855000 | PA      | $891899.06    | 0.04%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                 | American Honda Finance Corp                                           | CUSIP: 02665WEE7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   4580000 | PA      | $4592450.73   | 0.23%             | 2026-01-12      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2025-P1                                | CUSIP: 14689MAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2007239 | PA      | $2005869.76   | 0.10%             | 2028-06-12      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi         | GM Financial Consumer Automobile Receivables Trust 2024-3             | CUSIP: 38013KAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2175792 | PA      | $2179492.05   | 0.11%             | 2027-06-16      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust              | Kubota Credit Owner Trust 2023-1                                      | CUSIP: 50117KAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2951318 | PA      | $2958873.93   | 0.15%             | 2027-06-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-HQA3                               | CUSIP: 35564K3G2<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | CORP              | US        |    735703 | PA      | $741882.80    | 0.04%             | 2043-11-25      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust              | Kubota Credit Owner Trust 2025-2                                      | CUSIP: 50117LAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2203339.38   | 0.11%             | 2028-04-17      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Chesapeake Funding II LLC              | Chesapeake Funding II LLC                                             | CUSIP: 165183DJ0<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   2254110 | PA      | $2253446.59   | 0.11%             | 2036-05-15      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797QJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $39947811.20  | 1.97%             | 2025-08-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Trust 2025-LUNR                                                    | CUSIP: 05594CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5100000 | PA      | $5122957.14   | 0.25%             | 2040-06-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA               | Volkswagen Group of America Finance LLC                               | CUSIP: 928668CE0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   8690000 | PA      | $8717111.24   | 0.43%             | 2026-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC               | Vantage Data Centers Issuer LLC                                       | CUSIP: 92212KAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6118000 | PA      | $6089737.29   | 0.30%             | 2045-09-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                  | SBNA Auto Lease Trust 2023-A                                          | CUSIP: 78436TAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2991787 | PA      | $3004366.14   | 0.15%             | 2027-04-20      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | CarMax Auto Owner Trust 2024-4                                        | CUSIP: 14290DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3053079 | PA      | $3054810.20   | 0.15%             | 2027-12-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XII                                                        | CUSIP: 03764DAP6<br>LEI: 549300M5NMLBQJXUO195 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5007725.00   | 0.25%             | 2031-04-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                 | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3030000 | PA      | $3000209.16   | 0.15%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi         | GM Financial Consumer Automobile Receivables Trust 2024-4             | CUSIP: 38014AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1585161 | PA      | $1585146.49   | 0.08%             | 2027-10-18      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2021-HQA4                               | CUSIP: 35564KNK1<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | CORP              | US        |   7132080 | PA      | $7131254.81   | 0.35%             | 2041-12-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-23

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer