# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0001752724-23-073325
**Filing Date:** 2023-3
**Character Count:** 146056
**Document Hash:** 50f4637f9e64a3dec5cc5ed5006c1d97
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-073325.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001752724-23-073325

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709
- **IRS NUMBER:** 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:** 23778201

**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 Managed Income Fund (Series ID: S000022678)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000065580 | Payden Managed Income Fund (SI Class)            | PKBIX           |
| C000069457 | Payden Managed Income Fund (Adviser Class)       | PKCBX           |
| C000077412 | Payden Managed Income Fund (Retirement Class)    | PKCRX           |
| C000172680 | Payden Managed Income Fund (Institutional Class) | PKCIX           |

## 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 Managed Income Fund

- **b. EDGAR series identifier (if any):** S000022678

- **c. LEI of Series:** 549300E8I3EQMB6RVA07

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $108522005.54

**Total Liabilities:** $7356761.07

**Net Assets:** $101165244.47

**Delayed Delivery Securities:** $1477770.61

**Cash Not Reported:** $1118000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 7.68676167 | **1-Year:** 98.28687657 | **5-Year:** 3725.00000000 | **10-Year:** 7957.00000000 | **30-Year:** 2155.00000000

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

- **3-Month:** 10.12729080 | **1-Year:** 72.01736021 | **5-Year:** 1361.00000000 | **10-Year:** 11919.00000000 | **30-Year:** 7680.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000065580 | 2.13%                | 0.22%                | 2.43%                |
| Class ID C000172680 | 2.20%                | 0.27%                | 2.39%                |
| Class ID C000069457 | 2.20%                | 0.21%                | 2.40%                |
| Class ID C000077412 | 2.12%                | 0.19%                | 2.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1008286.34             | $3055452.36                                |
| Month 2  | $583234.05               | $-971652.84                                |
| Month 3  | $-98285.83               | $2349158.66                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DISCOVER BANK                                   | Discover Bank                                                                    | CUSIP: 25466AAN1<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288380.18    | 0.29%             | 2028-08-09      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Cold Storage Trust                              | Cold Storage Trust 2020-ICE5                                                     | CUSIP: 193051AS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    294897 | PA      | $287544.99    | 0.28%             | 2037-11-15      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta                  | Greystone CRE Notes 2021-FL3 Ltd                                                 | CUSIP: 39809PAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $275352.60    | 0.27%             | 2039-07-15      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                              | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    300000 | PA      | $279364.50    | 0.28%             | 2029-11-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ACRE COMMERCIAL MORTGAGE TRUST                  | ACRE Commercial Mortgage 2021-FL4 Ltd                                            | CUSIP: 00489TAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    100000 | PA      | $96584.70     | 0.10%             | 2037-12-18      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, NA - CACL                  | JPMorgan Chase Bank NA - CACLN                                                   | CUSIP: 46591HBC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $592674.06    | 0.59%             | 2028-02-25      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                | Connecticut Avenue Securities Trust 2019-HRP1                                    | CUSIP: 20754PAC4<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | CORP              | US        |    784982 | PA      | $778963.29    | 0.77%             | 2039-11-25      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                              | Serbia International Bond                                                        | CUSIP: 817477AH5<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    200000 | PA      | $200745.40    | 0.20%             | 2033-09-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                        | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $409887.36    | 0.41%             | 2031-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                           | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    150000 | PA      | $134823.12    | 0.13%             | 2029-07-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                     | Extended Stay America Trust 2021-ESH                                             | CUSIP: 30227FAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    488096 | PA      | $469016.38    | 0.46%             | 2038-07-15      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| VERMILION ENERGY INC                            | Vermilion Energy Inc                                                             | CUSIP: 923725AD7<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $231003.75    | 0.23%             | 2030-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                   | Coherent Corp                                                                    | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |    220000 | PA      | $200119.43    | 0.20%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                  | CLP/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $3928.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Trust                                        | BX Commercial Mortgage Trust 2021-VINO                                           | CUSIP: 05608KAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $477803.00    | 0.47%             | 2038-05-15      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                        | Rogers Communications Inc                                                        | CUSIP: 775109CB5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    106000 | PA      | $99741.72     | 0.10%             | 2027-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                          | Extra Space Storage LP                                                           | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    215000 | PA      | $170545.99    | 0.17%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Sage AR Funding                                 | Sage AR Funding No 1 PLC                                                         | CUSIP: 000000000<br>LEI: 635400KXGNL1GYF3BH46 | Long             | ABS-MBS          | CORP              | GB        |    110000 | PA      | $122558.94    | 0.12%             | 2030-11-17      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                        | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668AU6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199015.91    | 0.20%             | 2028-11-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                             | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    250000 | PA      | $194972.50    | 0.19%             | 2028-09-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                         | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    100000 | PA      | $92551.25     | 0.09%             | 2030-05-26      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                    | CAD/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-5155.99     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                           | Wells Fargo & Co                                                                 | CUSIP: 95000U3A9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    219000 | PA      | $218646.86    | 0.22%             | 2028-07-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                        | Uruguay Government International Bond                                            | CUSIP: 917288BL5<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |   4376516 | PA      | $121421.57    | 0.12%             | 2040-07-02      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                             | CUSIP: 06051GLA5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199555.46    | 0.20%             | 2026-07-22      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                           | Toronto-Dominion Bank/The                                                        | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $319125.00    | 0.32%             | 2082-10-31      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                             | JPMorgan Chase & Co                                                              | CUSIP: 46647PDG8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    700000 | PA      | $700239.69    | 0.69%             | 2028-07-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Cold Storage Trust                              | Cold Storage Trust 2020-ICE5                                                     | CUSIP: 193051AN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    393196 | PA      | $385033.10    | 0.38%             | 2037-11-15      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| BlackRock European CLO DAC                      | Blackrock European CLO IV DAC                                                    | CUSIP: 000000000<br>LEI: 635400RUFMRMBL1HMT43 | Long             | ABS-CBDO         | CORP              | IE        |    350000 | PA      | $349296.35    | 0.35%             | 2030-07-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| FED HOME LN DISCOUNT NT                         | Federal Home Loan Bank Discount Notes                                            | CUSIP: 313384BQ1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1600000 | PA      | $1598607.39   | 1.58%             | 2023-02-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                         | Romanian Government International Bond                                           | CUSIP: 77586RAR1<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    300000 | PA      | $317250.00    | 0.31%             | 2033-01-17      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                     | Asurion LLC                                                                      | CUSIP: 04649VBB5<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    399000 | PA      | $378894.39    | 0.37%             | 2028-08-18      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                | Connecticut Avenue Securities Trust 2019-R03                                     | CUSIP: 20753MAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $562510.52    | 0.56%             | 2031-09-25      | Floating      | 8.61%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                             | Synchrony Financial                                                              | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400935.04    | 0.40%             | 2033-02-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                         | Stagwell Global LLC                                                              | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $175513.00    | 0.17%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT               | Eurex 2 Year Euro SCHATZ                                                         | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -70 | NC      | $59919.02     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| JBS USA/FOOD/FINANCE                            | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    300000 | PA      | $294918.00    | 0.29%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Chase Auto Credit Linked Notes                  | JPMorgan Chase Bank NA - CACLN                                                   | CUSIP: 46591HCH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $478635.41    | 0.47%             | 2029-02-26      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| American Money Management Corp                  | Ammc Clo 20 Ltd                                                                  | CUSIP: 00177TAQ6<br>LEI: 549300LDRXVT7PCHV066 | Long             | ABS-CBDO         | CORP              | KY        |    450000 | PA      | $442431.45    | 0.44%             | 2029-04-17      | Floating      | 7.94%                 | 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        |    365000 | PA      | $340331.45    | 0.34%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TAMARACK VALLEY ENERGY L                        | Tamarack Valley Energy Ltd                                                       | CUSIP: 87505YAA0<br>LEI: 549300TLKPX8BE14MH06 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $214760.81    | 0.21%             | 2027-05-10      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                        | Constellation Brands Inc                                                         | CUSIP: 21036PBN7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    600000 | PA      | $600676.34    | 0.59%             | 2026-02-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                    | USD/JPY FORWARD                                                                  | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-17100.36    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ENQUEST PLC                                     | EnQuest PLC                                                                      | CUSIP: 29357JAC0<br>LEI: 2138008LJU6WFQWOXJ73 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $196809.00    | 0.19%             | 2027-11-01      | Fixed         | 11.62%                | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.     | CBOT 5 Year US Treasury Note                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -263 | NC      | $-59168.28    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| MERITAGE HOMES CORP                             | Meritage Homes Corp                                                              | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $221871.25    | 0.22%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GRIFOLS ESCROW ISSUER                           | Grifols Escrow Issuer SA                                                         | CUSIP: 000000000<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |    125000 | PA      | $116083.97    | 0.11%             | 2028-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                              | Ford Motor Co                                                                    | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $158991.42    | 0.16%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.     | CBOT 10 Year US Treasury Note                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -4 | NC      | $2205.26      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KOSMOS ENERGY LTD                               | Kosmos Energy Ltd                                                                | CUSIP: 000000000<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178249.00    | 0.18%             | 2027-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LoanCore 2021-CRE5 Issuer, Ltd                  | LoanCore 2021-CRE5 Issuer Ltd                                                    | CUSIP: 53947XAN2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    300000 | PA      | $256161.90    | 0.25%             | 2036-07-15      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                         | BDS 2020-FL5 LTD                                                                 | CUSIP: 05492QAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $581671.20    | 0.57%             | 2037-02-16      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                | Connecticut Avenue Securities Trust 2019-R02                                     | CUSIP: 20753KAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1226001.24   | 1.21%             | 2031-08-25      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT               | Eurex 5 Year Euro BOBL                                                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |        17 | NC      | $-36260.25    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                         | Consolidated Energy Finance SA                                                   | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $130701.75    | 0.13%             | 2028-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                             | Petroleos Mexicanos                                                              | CUSIP: 000000000<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    225000 | PA      | $244188.76    | 0.24%             | 2023-08-24      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| iShares JP Morgan USD Emerging Markets Bond ETF | iShares JP Morgan USD Emerging Markets Bond ETF                                  | CUSIP: 464288281<br>LEI: 54930070R8WH6MNUJG74 | Long             | EC               | RF                | US        |      4000 | NS      | $351640.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAY TELEVISION INC                             | Gray Television Inc                                                              | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110843.25    | 0.11%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                            | Boston Properties LP                                                             | CUSIP: 10112RBG8<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    300000 | PA      | $317840.58    | 0.31%             | 2027-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GEOPARK LTD                                     | Geopark Ltd                                                                      | CUSIP: 37255BAB5<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |    350000 | PA      | $311095.29    | 0.31%             | 2027-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                       | Jabil Inc                                                                        | CUSIP: 466313AM5<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243196.49    | 0.24%             | 2027-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MIC Glen LLC                                    | MIC Glen LLC                                                                     | CUSIP: 55304PAE1<br>LEI: 549300XD843A2SP50882 | Long             | LON              | CORP              | US        |    165000 | PA      | $150150.00    | 0.15%             | 2029-07-20      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                             | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $216537.50    | 0.21%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                           | Tenet Healthcare Corp                                                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    450000 | PA      | $421290.00    | 0.42%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                | Connecticut Avenue Securities Trust 2020-R02                                     | CUSIP: 20754WAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    196789 | PA      | $196198.72    | 0.19%             | 2040-01-25      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| SUMMIT MID HLDS LLC / FI                        | Summit Midstream Holdings LLC / Summit Midstream Finance Corp                    | CUSIP: 86614WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    455000 | PA      | $443625.00    | 0.44%             | 2026-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                         | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $116670.76    | 0.12%             | 2023-12-05      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                  | USD/BRL FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-189727.61   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| BX Trust                                        | BX Commercial Mortgage Trust 2020-VKNG                                           | CUSIP: 12433YAQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    280000 | PA      | $268267.86    | 0.27%             | 2037-10-15      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2                  | BX Commercial Mortgage Trust 2019-XL                                             | CUSIP: 056054AJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    552500 | PA      | $540739.87    | 0.53%             | 2036-10-15      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill                                                      | CUSIP: 912796YV5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2400000 | PA      | $2374545.34   | 2.35%             | 2023-04-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIZRAHI TEFAHOT BANK LTD                        | Mizrahi Tefahot Bank Ltd                                                         | CUSIP: 000000000<br>LEI: YZO9YEGEO4VYDZMDWF93 | Long             | DBT              | CORP              | IL        |   1050000 | PA      | $947887.50    | 0.94%             | 2031-04-07      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                             | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $369321.93    | 0.37%             | 2028-11-10      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                        | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |    450000 | PA      | $434835.00    | 0.43%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                  | USD/ZAR FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $16544.51     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                        | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196392.63    | 0.19%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| SMR 2022-IND Mortgage Trust                     | SMR 2022-IND Mortgage Trust                                                      | CUSIP: 78458MAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    289377 | PA      | $269981.09    | 0.27%             | 2039-02-15      | Floating      | 10.48%                | No            |                  2 | On Loan: No      |
| COTY INC                                        | Coty Inc                                                                         | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    425000 | PA      | $407377.38    | 0.40%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FED HOME LN DISCOUNT NT                         | Federal Home Loan Bank Discount Notes                                            | CUSIP: 313384BZ1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    900000 | PA      | $898210.49    | 0.89%             | 2023-02-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                              | Energy Transfer LP                                                               | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152634.75    | 0.15%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                          | Republic of Uzbekistan International Bond                                        | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    350000 | PA      | $328947.85    | 0.33%             | 2029-02-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP                          | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    200000 | PA      | $192358.00    | 0.19%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| iShares iBoxx High Yield Corporate Bond ETF     | ISHARES IBOXX HIGH YLD CORP                                                      | CUSIP: 464288513<br>LEI: N/A                  | Long             | EC               | RF                | US        |     10000 | NS      | $763300.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: —       |
| GEOPARK LTD                                     | Geopark Ltd                                                                      | CUSIP: 000000000<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $177768.74    | 0.18%             | 2027-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                    | USD/JPY FORWARD                                                                  | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $57685.32     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| INDIA CLEANTECH ENERGY                          | India Cleantech Energy                                                           | CUSIP: 000000000<br>LEI: 254900DGTS4HHR3Q6F66 | Long             | DBT              | CORP              | MU        |    284100 | PA      | $255690.00    | 0.25%             | 2026-08-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                          | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $154678.13    | 0.15%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                          | Verizon Communications Inc                                                       | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    300000 | PA      | $247311.65    | 0.24%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                         | Digital Realty Trust LP                                                          | CUSIP: 25389JAV8<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |    225000 | PA      | $230001.02    | 0.23%             | 2028-01-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                       | Anchorage Capital Clo 11 Ltd                                                     | CUSIP: 03330NAM6<br>LEI: 549300NPGT86ACOLIL14 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $322330.40    | 0.32%             | 2032-07-22      | Floating      | 8.27%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL PETROLEUM                         | International Petroleum Corp                                                     | CUSIP: 000000000<br>LEI: 54930025D80LU0SMR645 | Long             | DBT              | CORP              | CA        |    375000 | PA      | $355875.00    | 0.35%             | 2027-02-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2018-C46                                   | CUSIP: 95001QAV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9722875 | PA      | $258250.24    | 0.26%             | 2051-08-15      | Variable      | 0.93%                 | No            |                  2 | On Loan: No      |
| EVERGREEN ACQCO/TVI INC                         | Evergreen Acqco 1 LP / TVI Inc                                                   | CUSIP: 30015DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $147816.00    | 0.15%             | 2028-04-26      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                       | Anchorage Capital Clo 11 Ltd                                                     | CUSIP: 03330QAA5<br>LEI: 549300NPGT86ACOLIL14 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $218354.25    | 0.22%             | 2032-07-22      | Floating      | 11.87%                | No            |                  2 | On Loan: No      |
| CIBANCO SA INS DE BANCA                         | CIBANCO SA Institucion de Banca Multiple Trust CIB/3332                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    250000 | PA      | $195210.00    | 0.19%             | 2031-07-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                    | Navient Corp                                                                     | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    210000 | PA      | $207121.95    | 0.20%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                          | General Motors Financial Co Inc                                                  | CUSIP: 37045XEB8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    325000 | PA      | $334702.53    | 0.33%             | 2028-01-09      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2                  | BX Commercial Mortgage Trust 2019-XL                                             | CUSIP: 056054AK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    680000 | PA      | $662698.76    | 0.66%             | 2036-10-15      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                   | Citigroup Inc                                                                    | CUSIP: 172967NS6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396041.37    | 0.39%             | 2028-05-24      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable                  | Westlake Automobile Receivables Trust 2022-3                                     | CUSIP: 96043PAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $509210.50    | 0.50%             | 2027-12-15      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                  | AUD/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-23588.89    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP                         | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                  | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    377000 | PA      | $325665.80    | 0.32%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                | Bank of Montreal                                                                 | CUSIP: 06368LGV2<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $408089.38    | 0.40%             | 2028-02-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                    | Centene Corp                                                                     | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176132.00    | 0.17%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                      | CAD/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $13097.90     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                        | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAG8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    350000 | PA      | $328208.95    | 0.32%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JDAC 0 08/15/29                                 | JDAC 0 08/15/29                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $374523.47    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                        | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAJ9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    500000 | PA      | $520861.68    | 0.51%             | 2027-11-03      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                         | BDS 2021-FL10 Ltd                                                                | CUSIP: 05493FAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $457833.50    | 0.45%             | 2036-06-16      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                  | EUR/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-378091.66   | -0.37%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                           | Indonesia Government International Bond                                          | CUSIP: 455780DR4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    300000 | PA      | $303495.35    | 0.30%             | 2033-01-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                         | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $102323.47    | 0.10%             | 2030-04-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                         | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    400000 | PA      | $447924.93    | 0.44%             | 2029-09-27      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta                  | Greystone CRE Notes 2019-FL2 Ltd                                                 | CUSIP: 39809LAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $570428.40    | 0.56%             | 2037-09-15      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac STACR REMIC Trust 2020-DNA5                                          | CUSIP: 35566AAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    153409 | PA      | $154882.12    | 0.15%             | 2050-10-25      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| CALLON PETROLEUM CO                             | Callon Petroleum Co                                                              | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193761.00    | 0.19%             | 2030-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| RENESAS ELECTRONICS CORP                        | Renesas Electronics Corp                                                         | CUSIP: 75972BAB7<br>LEI: 5299000EPC47VJQOFB81 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $218713.46    | 0.22%             | 2026-11-25      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                 | Rolls-Royce PLC                                                                  | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $584286.00    | 0.58%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                               | Iron Mountain Inc                                                                | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    305000 | PA      | $290393.55    | 0.29%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                         | CARS-DB4 LP                                                                      | CUSIP: 12510HAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $741308.64    | 0.73%             | 2050-02-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE                              | Long Gilt                                                                        | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |        -1 | NC      | $-49.82       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank, NA - CACL                  | JPMorgan Chase Bank NA - CACLN                                                   | CUSIP: 48128U2R9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $540279.18    | 0.53%             | 2028-12-26      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| CAMB Commercial Mortgage Trust                  | CAMB Commercial Mortgage Trust 2019-LIFE                                         | CUSIP: 12482HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    236000 | PA      | $234889.76    | 0.23%             | 2037-12-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Cold Storage Trust                              | Cold Storage Trust 2020-ICE5                                                     | CUSIP: 193051AQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    196598 | PA      | $192104.63    | 0.19%             | 2037-11-15      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                           | Wells Fargo & Co                                                                 | CUSIP: 95000U3C5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    350000 | PA      | $346726.02    | 0.34%             | 2026-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                          | Santander Holdings USA Inc                                                       | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    285000 | PA      | $251543.37    | 0.25%             | 2028-01-06      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                             | CUSIP: 06051GKW8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    225000 | PA      | $225518.39    | 0.22%             | 2028-07-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                       | Jabil Inc                                                                        | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     77000 | PA      | $69628.23     | 0.07%             | 2030-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                        | International Business Machines Corp                                             | CUSIP: 000000000<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108823.72    | 0.11%             | 2043-02-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TPGI Trust                                      | TPGI Trust 2021-DGWD                                                             | CUSIP: 87267HAQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $427591.67    | 0.42%             | 2026-06-15      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                             | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    300000 | PA      | $247452.00    | 0.24%             | 2027-11-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                      | ZAR/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-103.19      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac STACR Remic Trust 2020-DNA2                                          | CUSIP: 35565KAH1<br>LEI: 5493007ZK0X40BI7UF30 | Long             | ABS-MBS          | CORP              | US        |     84157 | PA      | $84025.34     | 0.08%             | 2050-02-25      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| BX Trust                                        | BX Trust 2021-ARIA                                                               | CUSIP: 05608RAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $458885.95    | 0.45%             | 2036-10-15      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Lo                  | Arbor Realty Commercial Real Estate Notes 2021-FL2 Ltd                           | CUSIP: 03881EAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $358885.60    | 0.35%             | 2036-05-15      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                        | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    165000 | PA      | $131245.95    | 0.13%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palisades Center Trust                          | Palisades Center Trust 2016-PLSD                                                 | CUSIP: 69640GAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $270000.00    | 0.27%             | 2033-04-13      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                            | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCD5<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148887.00    | 0.15%             | 2029-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Radnor Re LTD                                   | Radnor RE 2021-1 Ltd                                                             | CUSIP: 75279YAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |     43773 | PA      | $43755.24     | 0.04%             | 2033-12-27      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                            | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168250.00    | 0.17%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac Structured Agency Credit Risk Debt Notes                             | CUSIP: 3137G0TF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1289161.00   | 1.27%             | 2042-12-25      | Floating      | 9.11%                 | No            |                  2 | On Loan: No      |
| GRUPO BIMBO SAB DE CV                           | Grupo Bimbo SAB de CV                                                            | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | DBT              | CORP              | MX        |    650000 | PA      | $650253.50    | 0.64%             | N/A             | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                          | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $176266.00    | 0.17%             | 2031-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                        | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $185192.31    | 0.18%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable                  | Westlake Automobile Receivables Trust 2023-1                                     | CUSIP: 96042XAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $503103.50    | 0.50%             | 2028-08-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                           | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2M3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $357274.17    | 0.35%             | 2028-01-10      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                             | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAP6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $200528.15    | 0.20%             | 2030-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                  | USD/JPY FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $26673.46     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Halcyon Loan Advisors Funding                   | Halcyon Loan Advisors Funding 2015-2 Ltd                                         | CUSIP: 40538KAN2<br>LEI: 5493006GMMSBMRMTK635 | Long             | ABS-CBDO         | CORP              | KY        |    118896 | PA      | $118297.15    | 0.12%             | 2027-07-25      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                  | CARLYLE US CLO 2019-3 LTD                                                        | CUSIP: 14314HAU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $290226.60    | 0.29%             | 2032-10-20      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Fortress CBO Investments Ltd                    | FORT CRE 2022-FL3 Issuer LLC                                                     | CUSIP: 34706CAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $289199.70    | 0.29%             | 2039-02-23      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| PDC ENERGY INC                                  | PDC Energy Inc                                                                   | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |    195000 | PA      | $188839.95    | 0.19%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                    | Credit Suisse Mortgage Capital Certificates 2019-ICE4                            | CUSIP: 12653VAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $389481.32    | 0.38%             | 2036-05-15      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                            | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73160.25     | 0.07%             | 2028-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| KKR Industrial Portfolio Trust                  | KKR Industrial Portfolio Trust 2021-KDIP                                         | CUSIP: 48254CAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    262500 | PA      | $251846.46    | 0.25%             | 2037-12-15      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2                  | BX Commercial Mortgage Trust 2019-XL                                             | CUSIP: 056054AH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    340000 | PA      | $333993.05    | 0.33%             | 2036-10-15      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                        | Weatherford International Ltd                                                    | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     75000 | PA      | $75800.25     | 0.07%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                 | Sealed Air Corp                                                                  | CUSIP: 812127AA6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    300000 | PA      | $302970.00    | 0.30%             | 2028-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                    | ADT Security Corp/The                                                            | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    125000 | PA      | $111698.16    | 0.11%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                           | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $122098.80    | 0.12%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                    | USD/IDR FORWARD                                                                  | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2694.78      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                 | SBA Tower Trust                                                                  | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $469844.15    | 0.46%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                        | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $247501.00    | 0.24%             | 2027-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                    | MYR/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-466.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                   | Citigroup Inc                                                                    | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    250000 | PA      | $214340.35    | 0.21%             | 2033-01-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta                  | Greystone CRE Notes 2019-FL2 Ltd                                                 | CUSIP: 39809LAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $579658.80    | 0.57%             | 2037-09-15      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCING DAC                        | C&W Senior Financing DAC                                                         | CUSIP: 000000000<br>LEI: 5493009O8OIWZPZRY516 | Long             | DBT              | CORP              | IE        |    500000 | PA      | $478745.00    | 0.47%             | 2027-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT               | Eurex 10 Year Euro BUND                                                          | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |        -5 | NC      | $21351.79     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac Structured Agency Credit Risk Debt Notes                             | CUSIP: 3137G0LF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | CORP              | US        |    297382 | PA      | $310014.74    | 0.31%             | 2029-03-25      | Floating      | 13.51%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                              | Serbia International Bond                                                        | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    475000 | PA      | $398150.29    | 0.39%             | 2028-09-23      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                          | Republic of Uzbekistan International Bond                                        | CUSIP: 91822Q2E6<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    200000 | PA      | $164691.60    | 0.16%             | 2031-10-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MARB BONDCO PLC                                 | MARB BondCo PLC                                                                  | CUSIP: 000000000<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    550000 | PA      | $433936.25    | 0.43%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| COTY INC                                        | Coty Inc                                                                         | CUSIP: 222070AB0<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64155.33     | 0.06%             | 2026-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| EARTHSTONE ENERGY HOL                           | Earthstone Energy Holdings LLC                                                   | CUSIP: 27034RAA1<br>LEI: 549300HGVO86L8G72J25 | Long             | DBT              | CORP              | US        |    340000 | PA      | $331969.20    | 0.33%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                         | Mexican Bonos                                                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |  13100000 | PA      | $658217.52    | 0.65%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                          | General Motors Financial Co Inc                                                  | CUSIP: 37045XDZ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    385000 | PA      | $392418.18    | 0.39%             | 2025-10-10      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                         | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    300000 | PA      | $265116.00    | 0.26%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                         | CARS-DB4 LP                                                                      | CUSIP: 12510HAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $177293.64    | 0.18%             | 2050-02-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                  | Morgan Stanley                                                                   | CUSIP: 61747YET8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297582.73    | 0.29%             | 2026-07-17      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                           | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2H4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $352116.45    | 0.35%             | 2027-09-15      | Fixed         | 4.69%                 | 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        |   2927343 | NS      | $2927342.90   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| NABORS INDUSTRIES LTD                           | Nabors Industries Ltd                                                            | CUSIP: 629571AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    195000 | PA      | $186172.35    | 0.18%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                           | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $26165.63     | 0.03%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                          | Blackstone Private Credit Fund                                                   | CUSIP: 09261HAB3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233616.19    | 0.23%             | 2024-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.     | CBOT 10 Year US Treasury Note                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         2 | NC      | $-162.98      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHNOLOGIES INC                            | TTM Technologies Inc                                                             | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    400000 | PA      | $349992.00    | 0.35%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CIBANCO SA/PLA ADMIN                            | Cibanco SA Ibm / PLA Administradora Industrial S de RL de CV                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    250000 | PA      | $235486.25    | 0.23%             | 2029-07-18      | Fixed         | 4.96%                 | No            |                  2 | On Loan: —       |
| BANK OF NY MELLON CORP                          | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBL0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    230000 | PA      | $241953.06    | 0.24%             | 2028-10-25      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                          | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $103902.50    | 0.10%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac STACR Trust 2019-HRP1                                                | CUSIP: 35564RBF0<br>LEI: 549300RWLR7W4OBRM426 | Long             | ABS-MBS          | CORP              | US        |    675000 | PA      | $662442.17    | 0.65%             | 2049-02-25      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                        | Madison Park Funding XXIV Ltd                                                    | CUSIP: 55820NAU5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249127.25    | 0.25%             | 2029-10-20      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                        | International Business Machines Corp                                             | CUSIP: 000000000<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $122730.22    | 0.12%             | 2038-02-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LETRA TESOURO NACIONAL                          | Brazil Letras do Tesouro Nacional                                                | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |  12000000 | PA      | $2170955.38   | 2.15%             | 2023-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ADANIREN KODSOPAR WARSOM                        | Adani Renewable Energy RJ Ltd/Kodangal Solar Parks Pvt Ltd/Wardha Solar Maharash | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    361500 | PA      | $258861.78    | 0.26%             | 2039-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Allegro CLO Ltd                                 | Allegro CLO VII Ltd                                                              | CUSIP: 01750CAG8<br>LEI: 635400EBXLHIKFL2MP73 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $385950.80    | 0.38%             | 2031-06-13      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac STACR Trust 2019-DNA4                                                | CUSIP: 35565ABD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $198402.56    | 0.20%             | 2049-10-25      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| CHC Commercial Mortgage Trust                   | CHC Commercial Mortgage Trust 2019 - CHC                                         | CUSIP: 162665AQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    347377 | PA      | $315498.14    | 0.31%             | 2034-06-15      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                               | Kosmos Energy Ltd                                                                | CUSIP: 500688AF3<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222811.25    | 0.22%             | 2027-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                    | Navient Corp                                                                     | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     90000 | PA      | $79751.25     | 0.08%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                 | Venture XVII CLO Ltd                                                             | CUSIP: 92329YAL0<br>LEI: 549300SNYYGJ2M6QEK53 | Long             | ABS-CBDO         | CORP              | KY        |    519925 | PA      | $517051.68    | 0.51%             | 2027-04-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| La Quinta Mortgage Trust                        | LAQ 2022-LAQ Mortgage Trust                                                      | CUSIP: 50172LAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    225000 | PA      | $222560.62    | 0.22%             | 2039-03-15      | Floating      | 9.35%                 | No            |                  2 | On Loan: No      |
| Oak Street Investment Grade Ne                  | Oak Street Investment Grade Net Lease Fund Series 2020-1                         | CUSIP: 67181DAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $462792.75    | 0.46%             | 2050-11-20      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                  | Carvana Auto Receivables Trust 2022-P2                                           | CUSIP: 14686JAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    271822 | PA      | $270084.04    | 0.27%             | 2029-05-10      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| CHAOT 0 06/25/30                                | CHAOT 0 06/25/30                                                                 | CUSIP: 16144JAH4<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        50 | NS      | $960318.83    | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Zaxby's Funding LLC                             | ZAXBY'S FUNDING LLC                                                              | CUSIP: 98920MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    344750 | PA      | $292887.46    | 0.29%             | 2051-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                | Connecticut Avenue Securities Trust 2018-R07                                     | CUSIP: 20753QAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $515627.95    | 0.51%             | 2031-04-25      | Floating      | 8.86%                 | No            |                  2 | On Loan: No      |
| W & T OFFSHORE INC                              | W&T Offshore Inc                                                                 | CUSIP: 92922PAM8<br>LEI: 549300Q7EOY2YIO3YK85 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228135.11    | 0.23%             | 2026-02-01      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                      | USD/GBP FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-17487.77    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                             | Fifth Third Bancorp                                                              | CUSIP: 316773DJ6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    225000 | PA      | $238227.64    | 0.24%             | 2028-10-27      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                  | Morgan Stanley                                                                   | CUSIP: 61747YEV3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    850000 | PA      | $899182.13    | 0.89%             | 2028-10-18      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                         | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZU1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    800000 | PA      | $786672.91    | 0.78%             | 2028-08-23      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| 1MDB GLOBAL INVESTMENTS                         | 1MDB Global Investments Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | VG        |   1000000 | PA      | $981779.28    | 0.97%             | 2023-03-09      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                      | USD/CZK FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1826.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                     | Nutrien Ltd                                                                      | CUSIP: 67077MAY4<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $412212.83    | 0.41%             | 2025-11-07      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                           | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    250000 | PA      | $211808.44    | 0.21%             | 2033-10-07      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                     | Equinix Inc                                                                      | CUSIP: 29444UBK1<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    300000 | PA      | $271156.75    | 0.27%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                            | Royal Bank of Canada                                                             | CUSIP: 78016FZU1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $264228.54    | 0.26%             | 2027-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| Fannie Mae - CAS                                | Connecticut Avenue Securities Trust 2019-R01                                     | CUSIP: 20754FAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     26749 | PA      | $26788.34     | 0.03%             | 2031-07-25      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                             | Petroleos Mexicanos                                                              | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $208543.58    | 0.21%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                          | Export-Import Bank of India                                                      | CUSIP: 30216JAG0<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |    300000 | PA      | $306876.60    | 0.30%             | 2033-01-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KKR Industrial Portfolio Trust                  | KKR Industrial Portfolio Trust 2021-KDIP                                         | CUSIP: 48254CAS4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $286157.97    | 0.28%             | 2037-12-15      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                 | CDS CDX.NA.HY.39.V1                                                              | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-134264.98   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock European CLO DAC                      | Blackrock European CLO IV DAC                                                    | CUSIP: 000000000<br>LEI: 635400RUFMRMBL1HMT43 | Long             | ABS-CBDO         | CORP              | IE        |    250000 | PA      | $257087.06    | 0.25%             | 2030-07-15      | Floating      | 3.59%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin                  | Santander Bank Auto Credit-Linked Notes Series 2022-A                            | CUSIP: 80290CAS3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    269871 | PA      | $263735.56    | 0.26%             | 2032-05-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                           | Caesars Entertainment Inc                                                        | CUSIP: 28470RAH5<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    350000 | PA      | $349001.80    | 0.34%             | 2025-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | STACR Trust 2018-HRP2                                                            | CUSIP: 35564ABF7<br>LEI: 549300YG8OJES76WL398 | Long             | ABS-MBS          | CORP              | US        |    876445 | PA      | $881442.47    | 0.87%             | 2047-02-25      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.     | CME Ultra Long Term US Treasury Bond                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         4 | NC      | $7549.02      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.     | CBOT US Long Bond                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -1 | NC      | $-2438.15     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BX Trust                                        | BX Trust 2018-GW                                                                 | CUSIP: 12433UAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $678581.26    | 0.67%             | 2035-05-15      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| ENERFLEX LTD                                    | Enerflex Ltd                                                                     | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $203972.00    | 0.20%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                | T-Mobile USA Inc                                                                 | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    400000 | PA      | $384960.94    | 0.38%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                       | ONEOK Inc                                                                        | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    160000 | PA      | $168405.37    | 0.17%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                        | Adani Electricity Mumbai Ltd                                                     | CUSIP: 000000000<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |    250000 | PA      | $186949.72    | 0.18%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Diamond Infrastructure Funding                  | Diamond Infrastructure Funding LLC                                               | CUSIP: 25265LAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $126242.34    | 0.12%             | 2049-04-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                  | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $325115.21    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                           | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $370745.63    | 0.37%             | 2027-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                         | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $220872.78    | 0.22%             | 2026-03-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                        | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191113.55    | 0.19%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                            | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99490.00     | 0.10%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP                           | Owl Rock Capital Corp                                                            | CUSIP: 69121KAE4<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180697.84    | 0.18%             | 2026-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK                                  | Synchrony Bank                                                                   | CUSIP: 87166FAD5<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298937.55    | 0.30%             | 2025-08-22      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                    | Broadcom Inc                                                                     | CUSIP: 11135FBR1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    300000 | PA      | $281498.86    | 0.28%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                    | US Foods Inc                                                                     | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183216.87    | 0.18%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                              | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99758.00     | 0.10%             | 2025-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                     | Ivory Coast Government International Bond                                        | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    600000 | PA      | $534487.20    | 0.53%             | 2033-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: —       |
| Wells Fargo Commercial Mortgag                  | Wells Fargo Commercial Mortgage Trust 2017-SMP                                   | CUSIP: 95001CAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $367364.04    | 0.36%             | 2034-12-15      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin                  | Santander Bank Auto Credit-Linked Notes Series 2022-B                            | CUSIP: 80290CBB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $482073.90    | 0.48%             | 2032-08-16      | Fixed         | 11.91%                | No            |                  2 | On Loan: No      |
| KREF 2022-Fl3 Ltd                               | KREF 2022-FL3 Ltd                                                                | CUSIP: 48275EAA4<br>LEI: 549300DG0FGL1EU1CT79 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $389492.80    | 0.39%             | 2039-02-17      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                              | VICI Properties LP                                                               | CUSIP: 925650AA1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244738.75    | 0.24%             | 2025-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                        | Republic of South Africa Government Bond                                         | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  17900000 | PA      | $942990.52    | 0.93%             | 2030-01-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                        | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05973KAA5<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $185192.31    | 0.18%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                      | USD/PEN FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1300.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin                  | Santander Bank Auto Credit-Linked Notes Series 2022-C                            | CUSIP: 80290CBK9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $854686.73    | 0.84%             | 2032-12-15      | Fixed         | 14.59%                | No            |                  2 | On Loan: No      |
| HUNGARY                                         | Hungary Government International Bond                                            | CUSIP: 445545AR7<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    700000 | PA      | $725433.10    | 0.72%             | 2028-05-22      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                      | Humana Inc                                                                       | CUSIP: 444859BU5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    425000 | PA      | $443968.52    | 0.44%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                      | USD/MXN FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2114.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                          | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    100000 | PA      | $97602.50     | 0.10%             | 2032-04-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                  | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $249879.03    | 0.25%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BX Trust                                        | BX Commercial Mortgage Trust 2021-XL2                                            | CUSIP: 05609KAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    556029 | PA      | $520987.70    | 0.51%             | 2038-10-15      | Floating      | 8.35%                 | No            |                  2 | On Loan: No      |
| BX Trust                                        | BX Trust 2021-LGCY                                                               | CUSIP: 12434DAY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $452264.20    | 0.45%             | 2036-10-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| Cologix Data Centers Issuer LL                  | Cologix Canadian Issuer LP                                                       | CUSIP: 19521DAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    400000 | PA      | $277791.89    | 0.27%             | 2052-01-25      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.     | CBOT 2 Year US Treasury Note                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        75 | NC      | $-220.95      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                        | JP Morgan Mortgage Trust 2014-IVR3                                               | CUSIP: 46643BAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2274 | PA      | $2256.07      | 0.00%             | 2044-09-25      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                              | Mongolia Government International Bond                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |    200000 | PA      | $201500.00    | 0.20%             | 2024-03-09      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                          | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $171125.00    | 0.17%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                      | VMware Inc                                                                       | CUSIP: 928563AK1<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168773.51    | 0.17%             | 2028-08-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                             | Elevance Health Inc                                                              | CUSIP: 28622HAC5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201270.71    | 0.20%             | 2053-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Fortress CBO Investments Ltd                    | FORT CRE 2022-FL3 Issuer LLC                                                     | CUSIP: 34706CAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    400000 | PA      | $389193.60    | 0.38%             | 2039-02-23      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                       | IRS USD                                                                          | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-337377.80   | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                          | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148845.00    | 0.15%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TTAN                                            | TTAN 2021-MHC                                                                    | CUSIP: 87303TAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    295805 | PA      | $283963.01    | 0.28%             | 2038-03-15      | Floating      | 6.86%                 | No            |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SA                         | EnfraGen Energia Sur SA / EnfraGen Spain SA / Prime Energia SpA                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |    450000 | PA      | $321917.60    | 0.32%             | 2030-12-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                         | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    200000 | PA      | $159849.10    | 0.16%             | 2030-07-13      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                           | Mexico Government International Bond                                             | CUSIP: 91087BAV2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $212759.26    | 0.21%             | 2035-02-09      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Multifamily Connecticut Avenue                  | Multifamily Connecticut Avenue Securities Trust 2019-01                          | CUSIP: 62547NAB5<br>LEI: 549300HG8ZEWVWVSN227 | Long             | ABS-MBS          | CORP              | US        |    282912 | PA      | $268565.59    | 0.27%             | 2049-10-25      | Floating      | 7.76%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                            | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $42345.25     | 0.04%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                  | Open Text Corp                                                                   | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $204965.00    | 0.20%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| NBM US HOLDINGS INC                             | NBM US Holdings Inc                                                              | CUSIP: 000000000<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |    300000 | PA      | $292218.80    | 0.29%             | 2029-08-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| DOBANK SPA                                      | doValue SpA                                                                      | CUSIP: 000000000<br>LEI: 8156007AF7DB5FE05555 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $200780.30    | 0.20%             | 2026-07-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GREENKO POWER II LTD                            | Greenko Power II Ltd                                                             | CUSIP: 000000000<br>LEI: 254900YYA4B6O2O4JM12 | Long             | DBT              | CORP              | MU        |    286500 | PA      | $247665.06    | 0.24%             | 2028-12-13      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                        | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $97034.44     | 0.10%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                          | Verizon Communications Inc                                                       | CUSIP: 000000000<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    250000 | PA      | $281419.11    | 0.28%             | 2030-10-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                          | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $191170.00    | 0.19%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                    | CAD/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $9935.04      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                              | Mongolia Government International Bond                                           | CUSIP: 60937LAE5<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |    300000 | PA      | $249016.06    | 0.25%             | 2031-07-07      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                          | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    250000 | PA      | $240000.00    | 0.24%             | 2047-03-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ADVANTAGE SALES & MARKET                        | Advantage Sales & Marketing Inc                                                  | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |    300000 | PA      | $228412.50    | 0.23%             | 2028-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, NA - CACL                  | JPMorgan Chase Bank NA - CACLN                                                   | CUSIP: 46591HBV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $502088.90    | 0.50%             | 2028-09-25      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                    | USD/PEN FORWARD                                                                  | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $368.22       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                  | Transocean Inc                                                                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     35000 | PA      | $32161.68     | 0.03%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin                  | Santander Bank Auto Credit-Linked Notes Series 2022-A                            | CUSIP: 80290CAT1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    168670 | PA      | $164929.33    | 0.16%             | 2032-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II INC                              | Gray Escrow II Inc                                                               | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $38515.00     | 0.04%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                              | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    600000 | PA      | $513022.46    | 0.51%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                              | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $264380.20    | 0.26%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, NA - CACL                  | JPMorgan Chase Bank NA - CACLN                                                   | CUSIP: 46591HBU3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    186261 | PA      | $179860.95    | 0.18%             | 2028-09-25      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                     | Oracle Corp                                                                      | CUSIP: 68389XBU8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185234.63    | 0.18%             | 2027-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac STACR REMIC Trust 2020-HQA3                                          | CUSIP: 35565MBD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    488448 | PA      | $523746.81    | 0.52%             | 2050-07-25      | Floating      | 10.26%                | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                          | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176750.00    | 0.17%             | 2026-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                       | IRS USD                                                                          | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-158529.28   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| MINEJESA CAPITAL BV                             | Minejesa Capital BV                                                              | CUSIP: 000000000<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |    750000 | PA      | $696750.00    | 0.69%             | 2030-08-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                              | Ally Financial Inc                                                               | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $330745.35    | 0.33%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                            | Kaiser Aluminum Corp                                                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    268000 | PA      | $244952.00    | 0.24%             | 2028-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CHC Commercial Mortgage Trust                   | CHC Commercial Mortgage Trust 2019 - CHC                                         | CUSIP: 162665AN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    545878 | PA      | $501018.46    | 0.50%             | 2034-06-15      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.     | Ultra 10-Year US Treasury Note                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -23 | NC      | $-8215.72     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| PRA GROUP INC                                   | PRA Group Inc                                                                    | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    250000 | PA      | $214974.55    | 0.21%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                | Fannie Mae Connecticut Avenue Securities                                         | CUSIP: 30711X5V2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $519703.10    | 0.51%             | 2031-03-25      | Floating      | 8.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac STACR REMIC Trust 2020-HQA1                                          | CUSIP: 35565JAH4<br>LEI: 549300TCRXCIFPAC3B85 | Long             | ABS-MBS          | CORP              | US        |     70743 | PA      | $70592.54     | 0.07%             | 2050-01-25      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Driven Brands Funding, LLC                      | DRIVEN BRANDS FUNDING LLC                                                        | CUSIP: 26208LAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    384000 | PA      | $361869.08    | 0.36%             | 2049-04-20      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Tru                  | OneMain Financial Issuance Trust 2022-2                                          | CUSIP: 68268VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $395017.28    | 0.39%             | 2034-10-14      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                        | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCR9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $258077.50    | 0.26%             | 2028-01-13      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                        | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $238010.40    | 0.24%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                  | USD/BRL FORWARD                                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $34486.58     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                             | CUSIP: 06051GLE7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200813.57    | 0.20%             | 2027-01-20      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                         | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAC7<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249942.50    | 0.25%             | 2028-02-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust                   | Life 2021-BMR Mortgage Trust                                                     | CUSIP: 53218CAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    540634 | PA      | $517812.68    | 0.51%             | 2038-03-15      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                     | Corp Nacional del Cobre de Chile                                                 | CUSIP: 21987BBF4<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $200580.00    | 0.20%             | 2033-02-02      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                            | Colombia Government International Bond                                           | CUSIP: 195325DP7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    925000 | PA      | $818896.56    | 0.81%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FREEPORT INDONESIA PT                           | Freeport Indonesia PT                                                            | CUSIP: 69377FAB2<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $191024.18    | 0.19%             | 2032-04-14      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP                          | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL        | CUSIP: 15239XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    200000 | PA      | $192358.00    | 0.19%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                             | Elevance Health Inc                                                              | CUSIP: 28622HAA9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150159.59    | 0.15%             | 2026-02-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Master Issuer L                  | Planet Fitness Master Issuer LLC                                                 | CUSIP: 72703PAC7<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    266750 | PA      | $230035.81    | 0.23%             | 2049-12-05      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                                | VB-S1 Issuer LLC - VBTEL                                                         | CUSIP: 91823ABA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $257322.30    | 0.25%             | 2052-02-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| ENERGEAN PLC                                    | Energean PLC                                                                     | CUSIP: 29280EAA7<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |    225000 | PA      | $211830.53    | 0.21%             | 2027-04-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac Structured Agency Credit Risk Debt Notes                             | CUSIP: 3137G0GM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | CORP              | US        |    246670 | PA      | $251461.84    | 0.25%             | 2028-03-25      | Floating      | 13.31%                | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                        | Altice France Holding SA                                                         | CUSIP: 02156TAB0<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $172081.00    | 0.17%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                            | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    300000 | PA      | $268465.70    | 0.27%             | 2050-03-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                         | CARS-DB4 LP                                                                      | CUSIP: 12510HAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $250273.74    | 0.25%             | 2050-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Driven Brands Funding, LLC                      | DRIVEN BRANDS FUNDING LLC                                                        | CUSIP: 26209XAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    246875 | PA      | $204764.59    | 0.20%             | 2051-10-20      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL                            | Bank Leumi Le-Israel BM                                                          | CUSIP: 000000000<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |    300000 | PA      | $310500.00    | 0.31%             | 2033-07-18      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                | S&P500 EMINI                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |         3 | NC      | $3225.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BrightSpire Capital, Inc                        | BRSP 2021-FL1 Ltd                                                                | CUSIP: 05591XAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $284897.10    | 0.28%             | 2038-08-19      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                   | United States Treasury Bill                                                      | CUSIP: 912796Z69<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1492415.00   | 1.48%             | 2023-03-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                             | Petroleos Mexicanos                                                              | CUSIP: 000000000<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    100000 | PA      | $102248.74    | 0.10%             | 2025-11-24      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                             | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    350000 | PA      | $293546.82    | 0.29%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                            | Royal Bank of Canada                                                             | CUSIP: 78016FZW7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $302700.54    | 0.30%             | 2028-01-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                        | Delta Air Lines Inc / SkyMiles IP Ltd                                            | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    400000 | PA      | $389956.89    | 0.39%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-29

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

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer