# EDGAR Filing Document

**Accession Number:** 0000730044
**File Stem:** 0001410368-26-054467
**Filing Date:** 2026-5
**Character Count:** 101228
**Document Hash:** 94eea6b716a0528705050e57f80b278a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-054467.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-054467

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morgan Stanley Long Duration Government Opportunities Fund
- **CENTRAL INDEX KEY:** 0000730044

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03870
- **FILM NUMBER:** 261030839

**BUSINESS ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 800-869-6397

**MAIL ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN STANLEY U.S. GOVERNMENT SECURITIES TRUST
- **DATE OF NAME CHANGE:** 20210429

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN STANLEY US GOVERNMENT SECURITIES TRUST
- **DATE OF NAME CHANGE:** 20010618

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN STANLEY DEAN WITTER US GOVERNMENT SECURITIES TRUST
- **DATE OF NAME CHANGE:** 19980622

## Series and Classes Contracts Data

### Morgan Stanley Long Duration Government Opportunities Fund (Series ID: S000002426)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006467 | A            | USGAX           |
| C000006469 | L            | USGCX           |
| C000006470 | I            | USGDX           |
| C000155939 | Class C      | MSGVX           |

## Nport-Ex

Morgan Stanley Long Duration Government Opportunities Fund

Portfolio of Investments ■ March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL<br> AMOUNT<br> (000)** |  | **COUPON<br> RATE** | **MATURITY<br> DATE** | **VALUE** |
|  | **Agency Adjustable Rate Mortgages (0.1%)** |  |  |  |
|  | Federal Home Loan Mortgage Corporation, |  |  |  |
|  | &nbsp;&nbsp;&nbsp;Conventional Pools: |  |  |  |
| $64 | &nbsp;&nbsp;&nbsp;1 yr. RFUCC Treasury + 1.74% | 6.377% | 11/01/36 | $66504 |
| 78 | &nbsp;&nbsp;&nbsp;1 yr. RFUCC Treasury + 1.91% | 6.511 | 10/01/36 | 81047 |
|  | **Total Agency Adjustable Rate Mortgages** *(Cost $150,973)*** |  |  | 147551 |
|  | **Agency Fixed Rate Mortgages (21.3%)** |  |  |  |
|  | Federal Home Loan Mortgage Corporation, |  |  |  |
|  | Conventional Pools: |  |  |  |
| 68 |  | 3.00 | 12/01/49 | 59559 |
|  | Gold Pools: |  |  |  |
| 78 |  | 6.50 | 03/01/29 - 09/01/32 | 81496 |
| 47 |  | 7.50 | 05/01/35 | 49014 |
| 23 |  | 8.00 | 08/01/32 | 23602 |
| 27 |  | 8.50 | 08/01/31 | 28093 |
|  | Federal National Mortgage Association, |  |  |  |
|  | April TBA: |  |  |  |
| 10000 | (a) | 4.50 | 04/01/56 | 9645313 |
| 24500 | (a) | 5.00 | 04/01/56 | 24152599 |
| 9100 | (a) | 5.50 | 04/01/56 | 9139457 |
|  | Conventional Pools: |  |  |  |
| 175 |  | 2.50 | 02/01/50 | 150299 |
| 296 |  | 3.00 | 05/01/49 - 11/01/49 | 261285 |
| 208 |  | 3.50 | 01/01/48 - 07/01/49 | 192763 |
| 118 |  | 4.50 | 06/01/48 - 09/01/48 | 113696 |
| 30 |  | 5.00 | 01/01/41 | 29999 |
| 54 |  | 5.50 | 09/01/35 | 55426 |
| 7 |  | 6.50 | 06/01/29 - 02/01/33 | 6895 |
| —@ |  | 7.00 | 05/01/31 | 436 |
| 75 |  | 7.50 | 08/01/37 | 79149 |
| 54 |  | 8.00 | 04/01/33 | 56831 |
| 61 |  | 8.50 | 10/01/32 | 64042 |
|  | Government National Mortgage Association, |  |  |  |
|  | Various Pools: |  |  |  |
| 725 |  | 3.50 | 08/20/45 - 07/20/46 | 675481 |
| 242 |  | 4.00 | 07/15/44 | 231589 |
| 22 |  | 4.50 | 04/20/49 | 21386 |
| 230 |  | 5.00 | 01/20/40 - 12/20/48 | 231925 |
| 5 |  | 5.125 | 11/20/37 | 5359 |

---

Morgan Stanley Long Duration Government Opportunities Fund

Portfolio of Investments ■ March 31, 2026 (unaudited) continued

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL<br> AMOUNT<br> (000)** |  | **COUPON<br> RATE** | **COUPON<br> RATE** | **MATURITY<br> DATE** | **VALUE** |
| $150 |  |  | 5.25% | 04/20/36 - 09/20/39 | $153023 |
| 308 |  |  | 5.375 | 02/20/36 - 08/20/40 | 314383 |
| 1726 |  |  | 6.00 | 06/15/28 - 06/20/53 | 1780657 |
| 410 |  |  | 6.50 | 06/20/53 | 432094 |
| 13 |  |  | 7.00 | 07/20/29 | 13005 |
| 28 |  |  | 8.00 | 06/15/26 - 08/15/31 | 29463 |
| —@ |  |  | 8.50 | 07/15/30 | 63 |
|  | **Total Agency Fixed Rate Mortgages** *(Cost $48,866,408)* |  |  |  | 48078382 |
|  | **Collateralized Mortgage Obligations - Agency Collateral Series (88.6%)** |  |  |  |  |
|  | Federal Home Loan Mortgage Corporation, |  |  |  |  |
|  | &nbsp;&nbsp;&nbsp;IO REMIC |  |  |  |  |
| 1077 | &nbsp;&nbsp;&nbsp;5.89% - SOFR30A |  | 2.213(b) | 11/15/43 | 79403 |
|  | &nbsp;&nbsp;&nbsp;REMIC |  |  |  |  |
| 13351 |  |  | 5.50 | 02/25/54 - 09/25/54 | 13148449 |
| 29676 |  |  | 6.00 | 07/25/53 - 06/25/55 | 30195753 |
| 4644 |  |  | 6.25 | 01/25/54 | 4932408 |
| 2924 |  |  | 6.50 | 11/25/53 | 3105174 |
| 1889 | &nbsp;&nbsp;&nbsp;21.30% - 3.00 x SOFR30A |  | 7.20 (b) | 10/25/55 | 1933437 |
| 2638 | &nbsp;&nbsp;&nbsp;15.51% - 2.20 x SOFR30A |  | 7.454(b) | 12/25/54 | 2666988 |
| 2254 | &nbsp;&nbsp;&nbsp;15.62% - 2.20 x SOFR30A |  | 7.564(b) | 01/25/55 | 2315159 |
| 1615 | &nbsp;&nbsp;&nbsp;21.15% - 3.00 x SOFR30A |  | 8.25 (b) | 06/25/55 | 1664360 |
| 732 | &nbsp;&nbsp;&nbsp;SOFR30A + 4.70% |  | 8.362(c) | 02/25/55 | 729610 |
| 771 | &nbsp;&nbsp;&nbsp;21.00% - 3.00 x SOFR30A | 1 | 0.014(b) | 02/25/55 | 849738 |
| 1924 | &nbsp;&nbsp;&nbsp;30.53% - 5.50 x SOFR30A | 1 | 0.385(b) | 12/25/55 | 2058938 |
|  | Federal National Mortgage Association, |  |  |  |  |
|  | &nbsp;&nbsp;&nbsp;IO REMIC |  |  |  |  |
| 62 | &nbsp;&nbsp;&nbsp;6.44% - SOFR30A |  | 2.774(b) | 08/25/41 | 337 |
|  | &nbsp;&nbsp;&nbsp;REMIC |  |  |  |  |
| 1324 |  |  | 0.00 (d) | 11/25/53 | 1105654 |
| 7883 |  |  | 6.00 | 10/25/53 - 03/25/54 | 7936886 |
| 5048 |  |  | 6.25 | 08/25/53 | 5360038 |
| 2854 | &nbsp;&nbsp;&nbsp;17.83% - 3.00 x SOFR30A |  | 6.839(b) | 06/25/54 | 2844718 |
| 1872 | &nbsp;&nbsp;&nbsp;21.30% - 3.00 x SOFR30A |  | 7.20 (b) | 10/25/55 | 1913403 |
| 4571 | &nbsp;&nbsp;&nbsp;15.62% - 2.20 x SOFR30A |  | 7.564(b) | 01/25/55 | 4700610 |
| 886 | &nbsp;&nbsp;&nbsp;SOFR30A + 4.00% |  | 7.662(c) | 03/25/55 | 912451 |
| 1454 | &nbsp;&nbsp;&nbsp;21.19% - 3.29 x SOFR30A |  | 9.161(b) | 02/25/55 | 1522954 |

---

Morgan Stanley Long Duration Government Opportunities Fund

Portfolio of Investments ■ March 31, 2026 (unaudited) continued

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PRINCIPAL<br> AMOUNT<br> (000)** |  | **COUPON<br> RATE** | **COUPON<br> RATE** | **MATURITY<br> DATE** | **VALUE** |
|  | Government National Mortgage Association, |  |  |  |  |
|  | &nbsp;&nbsp;&nbsp;IO REMIC |  |  |  |  |
| $152 |  |  | 5.00% | 02/16/41 | $29247 |
|  | &nbsp;&nbsp;&nbsp;REMIC |  |  |  |  |
| 3247 |  |  | 5.00 | 08/20/54 | 3210887 |
| 8148 |  |  | 5.50 | 02/20/54 - 09/20/54 | 8195352 |
| 67990 | &nbsp;&nbsp;&nbsp;(e) |  | 6.00 | 05/20/53 - 12/20/53 | 70191554 |
| 10104 |  |  | 6.50 | 11/20/53 | 10590826 |
| 974 | &nbsp;&nbsp;&nbsp;36.00% - 6.00 x SOFR30A |  | 7.50 (b) | 09/20/55 | 994290 |
| 2640 | &nbsp;&nbsp;&nbsp;SOFR30A + 4.30% |  | 7.973(c) | 04/20/55 - 05/20/55 | 2688875 |
| 1326 | &nbsp;&nbsp;&nbsp;22.55% - 3.73 x SOFR30A |  | 8.858(b) | 07/20/53 | 1411522 |
| 1163 | &nbsp;&nbsp;&nbsp;22.73% - 3.67 x SOFR30A |  | 9.266(b) | 10/20/52 | 1204542 |
| 4000 | &nbsp;&nbsp;&nbsp;22.92% - 3.67 x SOFR30A |  | 9.467(b) | 03/20/56 | 4299919 |
| 3964 | &nbsp;&nbsp;&nbsp;29.98% - 5.50 x SOFR30A |  | 9.774(b) | 11/20/55 | 4303715 |
| 1994 | &nbsp;&nbsp;&nbsp;30.25% - 5.50 x SOFR30A | 1 | 0.049(b) | 02/20/56 | 2157432 |
| 996 | &nbsp;&nbsp;&nbsp;21.45% - 3.00 x SOFR30A | 1 | 0.431(b) | 10/20/53 | 1103749 |
|  | **Total Collateralized Mortgage Obligations - Agency Collateral Series** *(Cost $198,605,972)*** | **Total Collateralized Mortgage Obligations - Agency Collateral Series** *(Cost $198,605,972)*** | **Total Collateralized Mortgage Obligations - Agency Collateral Series** *(Cost $198,605,972)*** | **Total Collateralized Mortgage Obligations - Agency Collateral Series** *(Cost $198,605,972)*** | 200358378 |
|  | **Commercial Mortgage-Backed Securities (0.3%)** |  |  |  |  |
| 6143 | BANK 2019-BNK21, IO |  | 0.818(c) | 10/17/52 | 144128 |
| 1033 | Citigroup Commercial Mortgage Trust, IO |  | 0.457(c) | 11/10/48 | 10 |
|  | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates, |  |  |  |  |
|  | &nbsp;&nbsp;&nbsp;IO |  |  |  |  |
| 30388 |  |  | 0.316(c) | 11/25/27 | 130312 |
| 23989 |  |  | 0.327(c) | 04/25/32 | 445533 |
| 1021 | GS Mortgage Securities Trust, IO |  | 0.339(c) | 10/10/48 | 10 |
| 6789 | JP Morgan Chase Commercial Mortgage Securities Trust, IO |  | 0.517(c) | 12/15/49 | 8430 |
|  | **Total Commercial Mortgage-Backed Securities** *(Cost $735,120)*** |  |  |  | 728423 |
|  | **Mortgages - Other (5.2%)** |  |  |  |  |
| 945 | Cascade Funding Mortgage Trust, Class B3 (f) |  | 2.983(c) | 07/25/57 | 505382 |
| 1969 | Champs Trust, Class A (f) |  | 7.721(c) | 10/25/60 | 2019567 |
|  | FARM Mortgage Trust |  |  |  |  |
| 816 | (f) |  | 2.957(c) | 01/25/52 | 613102 |
| 868 | (f) |  | 3.035(c) | 03/25/52 | 652780 |
| 650 | (f) |  | 3.228(c) | 07/25/51 | 498334 |
| 1640 | (f) |  | 5.077(c) | 10/01/53 | 1433625 |
| 1879 | (f) |  | 5.63 (c) | 08/01/55 | 1679204 |

---

Morgan Stanley Long Duration Government Opportunities Fund

Portfolio of Investments ■ March 31, 2026 (unaudited) continued

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PRINCIPAL<br> AMOUNT<br> (000)** |  | **COUPON<br> RATE** | **MATURITY<br> DATE** | **VALUE** |
| $2456 | Federal Home Loan Mortgage Corp. Seasoned Credit Risk Transfer Trust | 3.00% | 08/25/57 - 05/25/60 | $2160184 |
|  | GS Mortgage-Backed Securities Trust |  |  |  |
| 1321 | &nbsp;&nbsp;&nbsp;(f) | 3.186(c) | 01/25/53 | 817427 |
| 838 | &nbsp;&nbsp;&nbsp;(f) | 3.406(c) | 10/25/50 | 524264 |
| 1625 | Sequoia Mortgage Trust, Class B4 (f) | 2.862(c) | 11/25/51 | 812283 |
|  | **Total Mortgages - Other** *(Cost $11,167,085)*** |  |  | 11716152 |
|  | **U.S. Agency Security (3.2%)** |  |  |  |
| 6935 | Tennessee Valley Authority *(Cost $7,082,306)* | 5.25 | 09/15/39 | 7281019 |
| **NUMBER OF<br> SHARES<br> (000)** |  |  |  |  |
|  | **Short-Term Investment (1.1%)** |  |  |  |
|  | Investment Company (1.1%) |  |  |  |
| 2494 | Morgan Stanley Institutional Liquidity Funds — Government Portfolio — Institutional Class, 3.57% (g) *(Cost $2,493,839)* |  |  | $2493839 |
|  | **Total Investments** *(Cost $269,101,703)* (h)(i)** |  | 119.8% | 270803744 |
|  | **Liabilities in excess of Other Assets** |  | (19.8) | (44790975) |
|  | **Net Assets** |  | 100.0% | $226012769 |

---

---

| | |
|:---|:---|
| *@* | *Principal amount is less than $500.* |
| *(a)* | *Security is subject to delayed delivery.* |
| *(b)* | *Inverse Floating Rate Security - Interest rate fluctuates with an inverse relationship to an associated interest rate. Indicated rate is the effective rate at March 31, 2026.* |
| *(c)* | *Floating or variable rate securities: The rates disclosed are as of March 31, 2026. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description in the Portfolio of Investments. Certain variable rate securities may not be based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description in the Portfolio of Investments.* |
| *(d)* | *Capital appreciation bond.* |
| *(e)* | *Security (or a portion thereof) has been pledged for the benefit of the counterparty for reverse repurchase agreements.* |
| *(f)* | *144A security — Certain conditions for public sale may exist. Unless otherwise noted, these securities are deemed to be liquid.* |
| *(g)* | *The Fund invests in the Institutional Class of the Morgan Stanley Institutional Liquidity Funds - Government Portfolio - (the "Liquidity Fund"), an open-end management investment company managed by the Adviser. Advisory fees paid by the Fund are reduced by an amount equal to its pro-rata share of the advisory and administration fees paid by the Fund due to its investment in the Liquidity Fund. For the three months ended March 31, 2026, advisory fees paid were reduced by $1,460 relating to the Fund's investment in the Liquidity Fund.* |
| *(h)* | *Securities are available for collateral in connection with securities purchased on a forward commitment basis and open futures contracts.* |
| *(i)* | *At March 31, 2026, the aggregate cost for federal income tax purposes approximates the aggregate cost for book purposes. The aggregate gross unrealized appreciation is approximately $3,953,810 and the aggregate gross unrealized depreciation is approximately $4,344,215, resulting in net unrealized depreciation of approximately $390,405.* |
| *IO* | *Interest Only Security.* |
| *REMIC* | *Real Estate Mortgage Investment Conduit.* |
| *RFUCC* | *Refinitiv USD IBOR Consumer Cash Fallbacks.* |
| *SOFR30A* | *30-Day Average Secured Overnight Financing Rate.* |
| *TBA* | *To Be Announced.* |

---

Morgan Stanley Long Duration Government Opportunities Fund

Portfolio of Investments ■ March 31, 2026 (unaudited) continued

---

| |
|:---|
| **Futures Contracts:** |
| The Fund had the following futures contracts open at March 31, 2026: |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **NUMBER OF<br> CONTRACTS** | **EXPIRATION<br> DATE** | **NOTIONAL<br> AMOUNT<br> (000)** | **VALUE** | **UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)** |
| **Long:** |  |  | | | |
| U.S. Treasury 2 yr. Note (United States) | 284 | Jun-26 | $56800 | $58914468 | $126468 |
| U.S. Treasury 10 yr. Note (United States) | 760 | Jun-26 | 76000 | 84395625 | (1401250) |
| U.S. Treasury 10 yr. Ultra Note (United States) | 401 | Jun-26 | 40100 | 45519766 | (817664) |
|  |  |  |  |  | $(2092446) |

---

**PORTFOLIO COMPOSITION**

---

| | | |
|:---|:---|:---|
| **CLASSIFICATION** | **PERCENTAGE OF<br> TOTAL<br> INVESTMENTS** |  |
| Collateralized Mortgage Obligations - Agency Collateral Series | 74.0 | % |
| Agency Fixed Rate Mortgages | 17.7 |  |
| Mortgages - Other | 4.3 |  |
| U.S. Agency Security | 2.7 |  |
| Short-Term Investment | 0.9 |  |
| Commercial Mortgage-Backed Securities | 0.3 |  |
| Agency Adjustable Rate Mortgages | 0.1 |  |
| Total | 100.0 | %\* |

---

\* Does not include open futures contracts with a value of $188,829,859 and total unrealized depreciation of $2,092,446.

Morgan Stanley Long Duration Government Opportunities Fund

Notes to the Portfolio of Investments ■ March 31, 2026 (unaudited)

**A. Valuation of Investments**— (1) Fixed income securities may be valued by an outside pricing service/vendor approved by the Fund's Board of Trustees (the "Trustees"). The pricing service/vendor may employ a pricing model that takes into account, among other things, bids, yield spreads and/or other market data and specific security characteristics. If Morgan Stanley Investment Management Inc. (the "Adviser"), a wholly-owned subsidiary of Morgan Stanley, determines that the price provided by the outside pricing service/vendor does not reflect the security's fair value or the pricing service/vendor or exchange is unable to provide a price, prices from reputable brokers/dealers may also be utilized. In these circumstances, the value of the security will be the mean of bid and asked prices obtained from reputable brokers/dealers; (2) portfolio securities for which over-the-counter ("OTC") market quotations are readily available are valued at its latest reported sales price (or at the market official closing price if such market reports an official closing price), and if there was no trading in the security on a given day and if there is no official closing price from relevant markets for that day, the security is valued at the mean between the last reported bid and asked prices if such bid and asked prices are available on the relevant markets; (3) when market quotations are not readily available, as defined by Rule 2a-5 under the Act, including circumstances under which the Adviser determines that the market quotations are not reflective of a security's market value, portfolio securities are valued at their fair value as determined in good faith under procedures approved by and under the general supervision of the Trustees. Each business day, the Fund uses a third-party pricing service approved by the Trustees to assist with the valuation of foreign equity securities. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that have a strong correlation to the fair-valued securities to more accurately reflect their fair value as of the close of regular trading on the NYSE; (4) futures are valued at the settlement price on the exchange on which they trade or, if a settlement price is unavailable, at the last sale price on the exchange; and (5) investments in mutual funds, including the Morgan Stanley Institutional Liquidity Funds, are valued at the net asset value ("NAV") as of the close of each business day.

In connection with Rule 2a-5 of the Act, the Trustees have designated the Fund's Adviser as its valuation designee. The valuation designee has responsibility for determining fair value and to make the actual calculations pursuant to the fair valuation methodologies previously approved by the Trustees. Under procedures approved by the Trustees, the Fund's Adviser, as valuation designee, has formed a Valuation Committee whose members are approved by the Trustees. The Valuation Committee provides administration and oversight of the Fund's valuation policies and procedures, which are reviewed at least annually by the Trustees. These procedures allow the Fund to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.

Morgan Stanley Long Duration Government Opportunities Fund

Notes to the Portfolio of Investments ■ March 31, 2026 (unaudited) continued

**Reverse Repurchase Agreement** 

Reverse repurchase agreement outstanding as of March 31, 2026 was as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **COUNTERPARTY** | **TRADE<br> DATE** | **MATURITY<br> DATE** | **INTEREST<br> RATE PAID** | **CURRENCY<br> CODE** | **PRINCIPAL<br> AMOUNT** | **VALUE<br> INCLUDING<br> ACCRUED<br> INTEREST** |
| Toronto-Dominion Bank | 3/27/26 | On <br> Demand(a) | 3.880% | USD | $5852253 | $5855407 |

---

(a) Open reverse repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand.

At March 31, 2026, the type of security pledged as collateral for the open reverse repurchase agreement was a Collateralized Mortgage Obligation having an aggregate market value of $6,028,668.

Based on the short-term nature of the borrowing under the reverse repurchase agreement, the carrying value of the payable for the reverse repurchase agreement approximated its fair value at March 31, 2026. If measured at fair value, borrowing under the reverse repurchase agreement would have been considered as Level 2 in the fair value hierarchy at March 31, 2026.

Morgan Stanley Long Duration Government Opportunities Fund

Notes to the Portfolio of Investments ■ March 31, 2026 (unaudited) continued

**Fair Value Measurement:** Financial Accounting Standards Board ("FASB") ASC 820, "Fair Value Measurement" ("ASC 820"), defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 establishes a three-tier hierarchy to distinguish between (1) inputs that reflect the assumptions market participants would use in valuing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs); and (2) inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in valuing an asset or liability developed based on the best information available in the circumstances (unobservable inputs) and to establish classification of fair value measurements for disclosure purposes. Various inputs are used in determining the value of the Fund's investments. The inputs are summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Level 1 – unadjusted quoted prices in active markets for
identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Level 2 – other significant observable inputs (including
quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Level 3 – significant unobservable inputs including the
Fund's own assumptions in determining the fair value of investments. Factors considered in making this determination may include,
but are not limited to, information obtained by contacting the issuer, analysts, or the appropriate stock exchange (for exchange-traded
securities), analysis of the issuer's financial statements or other available documents and, if necessary, available information concerning
other securities in similar circumstances.

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities and the determination of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to each security.

Morgan Stanley Long Duration Government Opportunities Fund

Notes to the Portfolio of Investments ■ March 31, 2026 (unaudited) continued

The following is a summary of the inputs used to value the Fund's investments as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type** | **Level 1<br> Unadjusted<br> Quoted<br> Prices** | **Level 2<br> Other<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** | **Total** |
| **Assets:** |  |  |  | |
| **Fixed Income Securities** | **Fixed Income Securities** | **Fixed Income Securities** | **Fixed Income Securities** | **Fixed Income Securities** |
| &nbsp;&nbsp;&nbsp;Agency Adjustable Rate Mortgages | $— | $147551 | $— | $147551 |
| &nbsp;&nbsp;&nbsp;Agency Fixed Rate Mortgages |  | 48078382 |  | 48078382 |
| &nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations - Agency Collateral Series |  | 200358378 |  | 200358378 |
| &nbsp;&nbsp;&nbsp;Commercial Mortgage-Backed Securities |  | 728423 |  | 728423 |
| &nbsp;&nbsp;&nbsp;Mortgages - Other |  | 11716152 |  | 11716152 |
| &nbsp;&nbsp;&nbsp;U.S. Agency Security |  | 7281019 |  | 7281019 |
| **Total Fixed Income Securities** | **—** | **268309905** | **—** | **268309905** |
| **Short-Term Investment** | **Short-Term Investment** | **Short-Term Investment** | **Short-Term Investment** | **Short-Term Investment** |
| &nbsp;&nbsp;&nbsp;Investment Company | 2493839 |  |  | 2493839 |
| **Future Contract** | 126468 |  |  | 126468 |
| **Total Assets** | **2620307** | **268309905** | **—** | **270930212** |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| **Futures Contracts** | (2218914) |  |  | (2218914) |
| **Total** | $**401393** | $**268309905** | $**—** | $**268711298** |

---

Transfers between investment levels may occur as the markets fluctuate and/or the availability of data used in an investment's valuation changes.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Morgan Stanley Long Duration Government Opportunities Fund

- **b. Investment Company Act file number:** 811-03870

- **c. CIK number of Registrant:** 0000730044

- **d. LEI of Registrant:** 5493009GJO3TMFRP8I30

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

  - **Street Address 1:** 1585 Broadway

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 800-869-6397

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

- **a. Name of Series:** Morgan Stanley Long Duration Government Opportunities Fund

- **b. EDGAR series identifier (if any):** S000002426

- **c. LEI of Series:** 5493009GJO3TMFRP8I30

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $275725022.71

**Total Liabilities:** $49601942.51

**Net Assets:** $226123080.20

**Cash Not Reported:** $5478984.33

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -14.29000000 | **1-Year:** -264.67000000 | **5-Year:** -889.70000000 | **10-Year:** -6182.32000000 | **30-Year:** -1597.00000000

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

- **3-Month:** -9.44000000 | **1-Year:** -146.53000000 | **5-Year:** -435.26000000 | **10-Year:** -941.88000000 | **30-Year:** -616.15000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006467 | -0.13%               | 3.13%                | -3.85%               |
| Class ID C000006469 | -0.15%               | 3.22%                | -3.85%               |
| Class ID C000006470 | -0.10%               | 3.30%                | -3.82%               |
| Class ID C000155939 | -0.19%               | 3.19%                | -3.89%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $321115.23               | $-593859.34                                |
| Month 2  | $118671.89               | $3725669.43                                |
| Month 3  | $-58048.84               | $-6855096.35                               |

**Designated Index Information**

- **Index Name:** Bloomberg Treasury 10+ Yr Index

- **Index Identifier:** LEH_10P

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                               | CUSIP: 01F042640<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10000000 | PA      | $9645313.00   | 4.27%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                               | CUSIP: 01F050643<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  24500000 | PA      | $24152598.58  | 10.68%            | 2056-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                               | CUSIP: 01F052649<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9100000 | PA      | $9139457.15   | 4.04%             | 2056-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bank                                             | BANK 2019-BNK21                                                     | CUSIP: 06540BBE8<br>LEI: 549300664283JRAXM588 | Long             | ABS-MBS          | CORP              | US        |   6142849 | PA      | $144128.45    | 0.06%             | 2052-10-17      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| Champs Trust                                     | Champs Trust 2025-2                                                 | CUSIP: 15878DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1968691 | PA      | $2019566.76   | 0.89%             | 2060-10-25      | Variable      | 7.72%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust              | Citigroup Commercial Mortgage Trust 2015-GC35                       | CUSIP: 17324KAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1032577 | PA      | $10.33        | 0.00%             | 2048-11-10      | Variable      | 0.46%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2017-RPL1 Trust                                                | CUSIP: 22945AAG4<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    945299 | PA      | $505382.08    | 0.22%             | 2057-07-25      | Variable      | 2.98%                 | No            |                  2 | On Loan: No      |
| Farmer Mac Agricultural Real Estate Trust        | FARM 2022-1 Mortgage Trust                                          | CUSIP: 30328CAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    815733 | PA      | $613101.77    | 0.27%             | 2052-01-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| Farmer Mac Agricultural Real Estate Trust        | FARM 2024-1 Mortgage Trust                                          | CUSIP: 30335JAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1639699 | PA      | $1433624.77   | 0.63%             | 2053-10-01      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| Farmer Mac Agricultural Real Estate Trust        | FARM 2023-1 Mortgage Trust                                          | CUSIP: 30767YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    868051 | PA      | $652779.64    | 0.29%             | 2052-03-25      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| Farmer Mac Agricultural Real Estate Trust        | FARM 2025-1 Mortgage Trust                                          | CUSIP: 30768CAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1879439 | PA      | $1679203.59   | 0.74%             | 2055-08-01      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| Farmer Mac Agricultural Real Estate Trust        | FARM 21-1 Mortgage Trust                                            | CUSIP: 30768WAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    649909 | PA      | $498334.02    | 0.22%             | 2051-07-25      | Variable      | 3.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                               | CUSIP: 31287XNX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12613 | PA      | $13175.35     | 0.01%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                               | CUSIP: 31287YP81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     53492 | PA      | $55599.93     | 0.02%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                               | CUSIP: 3128M7S49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     22548 | PA      | $23602.48     | 0.01%             | 2032-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                               | CUSIP: 3128M7S56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26727 | PA      | $28092.73     | 0.01%             | 2031-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                               | CUSIP: 3128M7SU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46552 | PA      | $49013.85     | 0.02%             | 2035-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                           | CUSIP: 3128QJMU7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     64181 | PA      | $66503.67     | 0.03%             | 2036-11-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                           | CUSIP: 3128QSYV2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     77941 | PA      | $81047.39     | 0.04%             | 2036-10-01      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                               | CUSIP: 31293MJF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12301 | PA      | $12720.73     | 0.01%             | 2029-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                    | CUSIP: 3133N3VL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     67563 | PA      | $59558.63     | 0.03%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136A6TR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61682 | PA      | $336.90       | 0.00%             | 2041-08-25      | Floating      | 2.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BQ3K3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4350712 | PA      | $4384300.05   | 1.94%             | 2054-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BQE96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5047529 | PA      | $5360038.28   | 2.37%             | 2053-08-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BQSU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1324369 | PA      | $1105654.13   | 0.49%             | 2053-11-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BR7J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2853660 | PA      | $2844718.50   | 1.26%             | 2054-06-25      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BRRS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3531507 | PA      | $3552586.32   | 1.57%             | 2053-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BUDK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2382410 | PA      | $2446008.00   | 1.08%             | 2055-01-25      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BUJD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2188509 | PA      | $2254602.13   | 1.00%             | 2055-01-25      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BVHK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    886136 | PA      | $912451.13    | 0.40%             | 2055-03-25      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BWHH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1454389 | PA      | $1522954.32   | 0.67%             | 2055-02-25      | Floating      | 9.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                   | CUSIP: 3136BXXS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1872074 | PA      | $1913403.12   | 0.85%             | 2055-10-25      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137B5SC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1077341 | PA      | $79403.24     | 0.04%             | 2043-11-15      | Floating      | 2.21%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates        | CUSIP: 3137FCJM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  30388076 | PA      | $130311.66    | 0.06%             | 2027-11-25      | Variable      | 0.32%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates        | CUSIP: 3137H7MB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  23989123 | PA      | $445533.18    | 0.20%             | 2032-04-25      | Variable      | 0.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HABQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9608103 | PA      | $9856314.78   | 4.36%             | 2053-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HAU79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2923993 | PA      | $3105174.04   | 1.37%             | 2053-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HBEY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4643954 | PA      | $4932407.77   | 2.18%             | 2054-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HBGG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2252502 | PA      | $2230237.57   | 0.99%             | 2054-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HCP22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1121552 | PA      | $1150805.57   | 0.51%             | 2054-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HCRF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4553906 | PA      | $4469316.73   | 1.98%             | 2054-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HDMS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3331260 | PA      | $3441209.09   | 1.52%             | 2054-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HDRB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5874414 | PA      | $5915748.30   | 2.62%             | 2054-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HDSQ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2220840 | PA      | $2300381.84   | 1.02%             | 2054-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HFKD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6544623 | PA      | $6448894.44   | 2.85%             | 2054-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HHFC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3151655 | PA      | $3137312.76   | 1.39%             | 2054-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HHLN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3317443 | PA      | $3315524.45   | 1.47%             | 2054-12-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HHTC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2638487 | PA      | $2666987.77   | 1.18%             | 2054-12-25      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HHWT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2254362 | PA      | $2315158.97   | 1.02%             | 2055-01-25      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HJH59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    770633 | PA      | $849738.10    | 0.38%             | 2055-02-25      | Floating      | 10.01%                | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HLQB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1051140 | PA      | $1078455.58   | 0.48%             | 2055-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HLTA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    732116 | PA      | $729609.54    | 0.32%             | 2055-02-25      | Floating      | 8.36%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HMLP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1615209 | PA      | $1664360.12   | 0.74%             | 2055-06-25      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HNHF8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1888989 | PA      | $1933436.93   | 0.86%             | 2055-10-25      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                  | CUSIP: 3137HPAN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1924278 | PA      | $2058938.02   | 0.91%             | 2055-12-25      | Floating      | 10.38%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31383HNK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1038 | PA      | $1073.18      | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31385XJG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3374 | PA      | $3497.50      | 0.00%             | 2033-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31387ECT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1689 | PA      | $1750.52      | 0.00%             | 2031-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31387JZA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       415 | PA      | $436.30       | 0.00%             | 2031-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 3138A4JG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29529 | PA      | $29999.44     | 0.01%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31391PNB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       552 | PA      | $573.26       | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31407VXQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     53853 | PA      | $55426.07     | 0.02%             | 2035-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 3140K8XM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    175259 | PA      | $150299.22    | 0.07%             | 2050-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418C2G8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42800 | PA      | $41268.16     | 0.02%             | 2048-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418CTP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    114430 | PA      | $106245.77    | 0.05%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418CX66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75117 | PA      | $72428.21     | 0.03%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418DBR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16752 | PA      | $15522.74     | 0.01%             | 2049-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418DD66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93463 | PA      | $82536.44     | 0.04%             | 2049-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418DD74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76618 | PA      | $70993.98     | 0.03%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418DDH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     82920 | PA      | $73225.65     | 0.03%             | 2049-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418DHY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    119704 | PA      | $105522.82    | 0.05%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418MJP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75220 | PA      | $79149.35     | 0.04%             | 2037-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418MJQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     54230 | PA      | $56831.06     | 0.03%             | 2033-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                     | CUSIP: 31418MJT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61066 | PA      | $64041.98     | 0.03%             | 2032-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                               | Freddie Mac Seasoned Credit Risk Transfer Trust Series 2018-3       | CUSIP: 35563PGA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    645793 | PA      | $560949.97    | 0.25%             | 2057-08-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                               | Freddie Mac Seasoned Credit Risk Transfer Trust Series 2018-4       | CUSIP: 35563PGZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    876894 | PA      | $760000.54    | 0.34%             | 2058-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                               | Freddie Mac Seasoned Credit Risk Transfer Trust Series 2020-3       | CUSIP: 35563PTN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    933216 | PA      | $839234.31    | 0.37%             | 2060-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3617A5JF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    482841 | PA      | $449922.33    | 0.20%             | 2045-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3617J6UQ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     11930 | PA      | $11827.01     | 0.01%             | 2048-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3617JKEK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     21809 | PA      | $21385.62     | 0.01%             | 2049-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36181CNU8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    241961 | PA      | $231588.89    | 0.10%             | 2044-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3618AP4R7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     80932 | PA      | $83703.79     | 0.04%             | 2053-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3618AUEB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    356658 | PA      | $368870.41    | 0.16%             | 2053-04-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3618BDJJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    204638 | PA      | $211389.20    | 0.09%             | 2053-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3618BDJK2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    358179 | PA      | $367757.24    | 0.16%             | 2053-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3618BDJL0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    242214 | PA      | $254917.93    | 0.11%             | 2053-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3618BDJM8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    168347 | PA      | $177176.15    | 0.08%             | 2053-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3618BWLT8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    483098 | PA      | $499640.61    | 0.22%             | 2053-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 36194TQH2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    241732 | PA      | $225559.08    | 0.10%             | 2046-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 36202DCU3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     12591 | PA      | $13005.09     | 0.01%             | 2029-07-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 36202EAL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    135944 | PA      | $140686.82    | 0.06%             | 2034-09-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36205TJ79<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         9 | PA      | $8.56         | 0.00%             | 2026-07-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36207FSR3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         5 | PA      | $5.29         | 0.00%             | 2026-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36207QRP4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        33 | PA      | $33.16        | 0.00%             | 2026-07-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36207VB39<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1182 | PA      | $1202.81      | 0.00%             | 2028-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36208PY77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       558 | PA      | $567.29       | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36208R2F0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      5940 | PA      | $6056.69      | 0.00%             | 2028-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36208WDZ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2516 | PA      | $2560.64      | 0.00%             | 2028-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36208YLF4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3336 | PA      | $3394.01      | 0.00%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209A6R6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2199 | PA      | $2258.04      | 0.00%             | 2030-07-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209AE48<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3050 | PA      | $3107.02      | 0.00%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209CGF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1387 | PA      | $1387.45      | 0.00%             | 2028-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209FJT7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1020 | PA      | $1038.33      | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209KEB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4364 | PA      | $4440.06      | 0.00%             | 2028-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209KET1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6028 | PA      | $6146.83      | 0.00%             | 2028-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209KLL0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3363 | PA      | $3432.44      | 0.00%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209PRT6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4610 | PA      | $4697.86      | 0.00%             | 2028-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36209T4D8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2290 | PA      | $2329.75      | 0.00%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXE38<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     64750 | PA      | $65779.45     | 0.03%             | 2036-06-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXEL8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    154763 | PA      | $157751.28    | 0.07%             | 2036-02-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXER5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     70405 | PA      | $71505.86     | 0.03%             | 2036-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXF94<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      5296 | PA      | $5359.36      | 0.00%             | 2037-11-20      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXFD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     43094 | PA      | $43943.51     | 0.02%             | 2036-07-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXFR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     72131 | PA      | $73622.33     | 0.03%             | 2040-08-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXH27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     15746 | PA      | $15890.63     | 0.01%             | 2040-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXH43<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    202342 | PA      | $204206.62    | 0.09%             | 2040-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXHY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     20230 | PA      | $20653.60     | 0.01%             | 2040-01-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXJL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     15484 | PA      | $15737.98     | 0.01%             | 2039-09-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                  | CUSIP: 3620AXLF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18038 | PA      | $18412.38     | 0.01%             | 2039-03-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210A6F9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     11458 | PA      | $11659.26     | 0.01%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210CJV6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       234 | PA      | $237.76       | 0.00%             | 2028-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210CLJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3073 | PA      | $3129.61      | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210D3C3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2556 | PA      | $2605.29      | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210GTP9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1716 | PA      | $1746.54      | 0.00%             | 2028-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210KRL1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4117 | PA      | $4195.62      | 0.00%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210RUA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1938 | PA      | $1991.28      | 0.00%             | 2030-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210SFX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2940 | PA      | $3001.04      | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210UZD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3804 | PA      | $3884.92      | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210VF55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3286 | PA      | $3343.85      | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210VF71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3570 | PA      | $3646.02      | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36210YYN9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1732 | PA      | $1766.46      | 0.00%             | 2029-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36212DRT8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     10462 | PA      | $10812.95     | 0.00%             | 2031-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36212F6X7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     10665 | PA      | $10923.72     | 0.00%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36212VVM8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3338 | PA      | $3429.80      | 0.00%             | 2030-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36216AJG7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1834 | PA      | $1866.24      | 0.00%             | 2028-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36219RF55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1618 | PA      | $1646.56      | 0.00%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36241LCE4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        63 | PA      | $63.33        | 0.00%             | 2030-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Trust 2015-GC34                              | CUSIP: 36250VAF9<br>LEI: 54930070360RBP384M53 | Long             | ABS-MBS          | CORP              | US        |   1021482 | PA      | $10.21        | 0.00%             | 2048-10-10      | Variable      | 0.34%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust              | GS Mortgage-Backed Securities Corp Trust 2020-PJ3                   | CUSIP: 36258WBR2<br>LEI: 254900X1ABPQ6D4G6D07 | Long             | ABS-MBS          | CORP              | US        |    838000 | PA      | $524264.11    | 0.23%             | 2050-10-25      | Variable      | 3.41%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust              | GS Mortgage-Backed Securities Trust 2022-PJ6                        | CUSIP: 36267JBS8<br>LEI: 25490038RWR4AJZ5B524 | Long             | ABS-MBS          | CORP              | US        |   1321669 | PA      | $817427.12    | 0.36%             | 2053-01-25      | Variable      | 3.19%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                   | CUSIP: 36291L6N0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     25027 | PA      | $25518.36     | 0.01%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38377TZF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    152345 | PA      | $29247.30     | 0.01%             | 2041-02-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38383BN40<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    974289 | PA      | $994289.77    | 0.44%             | 2055-09-20      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38383U7L8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1162964 | PA      | $1204541.80   | 0.53%             | 2052-10-20      | Floating      | 9.27%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384A2Z5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2630563 | PA      | $2719425.79   | 1.20%             | 2053-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384AF65<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9772725 | PA      | $10123967.49  | 4.48%             | 2053-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384AG64<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5831743 | PA      | $6028667.55   | 2.67%             | 2053-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384B2C4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4000000 | PA      | $4135036.00   | 1.83%             | 2053-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384BNC1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3799960 | PA      | $3886369.19   | 1.72%             | 2053-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384BS69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11500000 | PA      | $11888246.90  | 5.26%             | 2053-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384BTN1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1841911 | PA      | $1904089.86   | 0.84%             | 2053-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384BXQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7500000 | PA      | $7753220.25   | 3.43%             | 2053-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384BXW6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5000000 | PA      | $5168766.50   | 2.29%             | 2053-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384BY39<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1325826 | PA      | $1411522.14   | 0.62%             | 2053-07-20      | Floating      | 8.86%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384D7E1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8064537 | PA      | $8431677.06   | 3.73%             | 2053-11-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384DFS1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    996199 | PA      | $1103748.97   | 0.49%             | 2053-10-20      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384EHD0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2582871 | PA      | $2600768.75   | 1.15%             | 2053-09-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384EKB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5807000 | PA      | $5995595.53   | 2.65%             | 2053-09-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384EKC8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5807000 | PA      | $5995595.53   | 2.65%             | 2053-09-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384FBV3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2038684 | PA      | $2159148.82   | 0.95%             | 2053-11-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384GNB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1915385 | PA      | $1991804.68   | 0.88%             | 2053-12-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384KDC2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1856229 | PA      | $1879019.06   | 0.83%             | 2054-02-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384UFM6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3035160 | PA      | $3073503.70   | 1.36%             | 2054-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384UTJ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3246620 | PA      | $3210886.80   | 1.42%             | 2054-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38384WJ71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3257382 | PA      | $3242828.96   | 1.43%             | 2054-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38385GQB8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1319716 | PA      | $1343377.54   | 0.59%             | 2055-04-20      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38385GYJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1319716 | PA      | $1345496.76   | 0.60%             | 2055-05-20      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38385K5F3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3964185 | PA      | $4303715.35   | 1.90%             | 2055-11-20      | Floating      | 9.77%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38385NDC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1994054 | PA      | $2157432.41   | 0.95%             | 2056-02-20      | Floating      | 10.05%                | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                            | CUSIP: 38385PCP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4000000 | PA      | $4299918.60   | 1.90%             | 2056-03-20      | Floating      | 9.47%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust    | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP4       | CUSIP: 46645UAV9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6788666 | PA      | $8429.49      | 0.00%             | 2049-12-15      | Variable      | 0.52%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                         | Morgan Stanley Institutional Liquidity Funds - Government Portfolio | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   2493840 | NS      | $2493839.51   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust                           | Sequoia Mortgage Trust 2021-7                                       | CUSIP: 81748TCG6<br>LEI: 549300671OK77JNRLK28 | Long             | ABS-MBS          | CORP              | US        |   1624858 | PA      | $812283.48    | 0.36%             | 2051-11-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                            | Tennessee Valley Authority                                          | CUSIP: 880591EH1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   6935000 | PA      | $7281018.50   | 3.22%             | 2039-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TBA WELLS FARGO COC                              | TBA WELLS FARGO COC                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    440000 | NS      | $440000.00    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR NOTE (CBT)JUN26                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       760 | NC      | $-1401250.00  | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) JUN26                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       284 | NC      | $126468.61    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR ULTRA FUT JUN26                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       401 | NC      | $-817664.26   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank                            | TD SECS US:0.000 01JAN2033                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |  -5852253 | PA      | $-5852252.62  | -2.59%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

**Name of Applicant:** Morgan Stanley Long Duration Government Opportunities Fund

**Signature:** James F. Kirchner

**Name of Signer:** James F. Kirchner

**Title:** Principal Financial Officer