# EDGAR Filing Document

**Accession Number:** 0001418144
**File Stem:** 0001752724-25-163144
**Filing Date:** 2025-6
**Character Count:** 170223
**Document Hash:** 6303c1a3f3ee27c768188a26d8c17eba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-163144.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001752724-25-163144

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST
- **CENTRAL INDEX KEY:** 0001418144

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22148
- **FILM NUMBER:** 251090825

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Powershares Actively Managed Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20071109

## Series and Classes Contracts Data

### Invesco Variable Rate Investment Grade ETF (Series ID: S000051678)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000162616 | Invesco Variable Rate Investment Grade ETF | VRIG            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Actively Managed Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22148

- **c. CIK number of Registrant:** 0001418144

- **d. LEI of Registrant:** 549300S7YWBLZ3UGI217

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco Variable Rate Investment Grade ETF

- **b. EDGAR series identifier (if any):** S000051678

- **c. LEI of Series:** 549300J21GX50YC4UV93

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $1311289047.95

**Total Liabilities:** $37478862.84

**Net Assets:** $1273810185.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3668.96714049 | **1-Year:** -98858.38092185 | **5-Year:** -85057.20611747 | **10-Year:** -24761.58780836 | **30-Year:** -5506.50126915

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

- **3-Month:** -104.93267086 | **1-Year:** -963.72541816 | **5-Year:** -785.44612983 | **10-Year:** -417.00819955 | **30-Year:** -6.41047257

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000162616 | 0.42%                | 0.23%                | 0.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $58235.43                | $532523.85                                 |
| Month 2  | $-653178.89              | $-1700173.08                               |
| Month 3  | $3259.65                 | $-4214998.18                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WaMu Mortgage Pass-Through Ctfs. Trust                 | WaMu Mortgage Pass-Through Ctfs. Trust, Series 2004-AR3, Class A2                | CUSIP: 92922FNJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     37300 | PA      | $33998.24     | 0.00%             | 2034-06-25      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                  | Westlake Automobile Receivables Trust, Series 2023-4A, Class C                   | CUSIP: 96041AAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3081799.80   | 0.24%             | 2028-11-15      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| CPS Auto Receivables Trust                             | CPS Auto Receivables Trust, Series 2023-D, Class C                               | CUSIP: 12598VAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4094887.20   | 0.32%             | 2030-01-15      | Fixed         | 7.17%                 | No            |                  2 | On Loan: No      |
| Navistar Financial Dealer Note Master Owner Trust      | Navistar Financial Dealer Note Master Owner Trust, Series 2024-1, Class B        | CUSIP: 63938PBX6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2080000 | PA      | $2099641.23   | 0.16%             | 2029-04-25      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA4, Class M1                                          | CUSIP: 35564KWS4<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | USGSE             | US        |   1300728 | PA      | $1321011.71   | 0.10%             | 2042-05-25      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co. of New York, Inc.              | Consolidated Edison Co. of New York, Inc.                                        | CUSIP: 209111GL1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |   1324000 | PA      | $1320638.36   | 0.10%             | 2027-11-18      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-HQA1, Class M1                                          | CUSIP: 35564NGZ0<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | USGSE             | US        |   4587631 | PA      | $4578030.47   | 0.36%             | 2045-02-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust             | BAMLL Commercial Mortgage Securities Trust, Series 2022-DKLX, Class A            | CUSIP: 05530SAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    906906 | PA      | $901245.06    | 0.07%             | 2039-01-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                      | Wells Fargo & Co.                                                                | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1258767.18   | 0.10%             | 2029-04-23      | Floating      | 5.75%                 | No            |                  2 | On Loan: —       |
| Bank of America, N.A.                                  | Bank of America, N.A.                                                            | CUSIP: 06428CAD6<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75054.68     | 0.01%             | 2025-08-18      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A4M0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2985241.23   | 0.23%             | 2028-03-06      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                          | Citibank N.A.                                                                    | CUSIP: 17325FBD9<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75250.56     | 0.01%             | 2026-12-04      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2019-LTV3, Class A1                           | CUSIP: 46651HBC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     11458 | PA      | $11398.95     | 0.00%             | 2050-03-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank, Ltd.                       | Sumitomo Mitsui Trust Bank, Ltd.                                                 | CUSIP: 86563VBW8<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    125000 | PA      | $125238.45    | 0.01%             | 2027-09-10      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                         | Morgan Stanley                                                                   | CUSIP: 61747YFW0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3523449.41   | 0.28%             | 2029-04-12      | Floating      | 5.76%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA2, Class M1                                          | CUSIP: 35564KRE1<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | USGSE             | US        |    864430 | PA      | $864106.71    | 0.07%             | 2042-02-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2021-DNA5, Class M2                                          | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | USGSE             | US        |   1553278 | PA      | $1558415.89   | 0.12%             | 2034-01-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                   | Banco Santander S.A.                                                             | CUSIP: 05964HBC8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   1200000 | PA      | $1203340.52   | 0.09%             | 2028-03-14      | Floating      | 5.75%                 | No            |                  2 | On Loan: —       |
| CPS Auto Receivables Trust                             | CPS Auto Receivables Trust, Series 2024-D, Class C                               | CUSIP: 22411JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1558000 | PA      | $1555841.55   | 0.12%             | 2031-01-15      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-HQA2, Class M1                                          | CUSIP: 35564NDZ3<br>LEI: 5299002OYNAPMJKK2A73 | Long             | ABS-MBS          | USGSE             | US        |   2059882 | PA      | $2055816.10   | 0.16%             | 2044-08-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, N.A.                                 | Wells Fargo Bank, N.A.                                                           | CUSIP: 94988J6G7<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3017770.86   | 0.24%             | 2026-12-11      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-HQA1, Class M2                                          | CUSIP: 35564NCA9<br>LEI: 529900PGKDI4ZEXFQ523 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $3009738.00   | 0.24%             | 2044-03-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel                     | Banque Federative du Credit Mutuel                                               | CUSIP: 06675DCP5<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   5000000 | PA      | $5003335.80   | 0.39%             | 2030-01-22      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC               | Volkswagen Group of America Finance, LLC                                         | CUSIP: 928668BY7<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250306.79    | 0.02%             | 2025-09-12      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R03, Class 2M2             | CUSIP: 20754VAC1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1008125.00   | 0.08%             | 2045-03-25      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Credit Agricole S.A.                                   | Credit Agricole S.A.                                                             | CUSIP: 22534PAF0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    175000 | PA      | $176027.33    | 0.01%             | 2026-07-05      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GXX7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2460000 | PA      | $2461654.50   | 0.19%             | 2027-03-09      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 31288QYM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2708112 | PA      | $2818376.33   | 0.22%             | 2047-11-01      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Floating Rate Notes                      | U.S. Treasury Floating Rate Notes                                                | CUSIP: 91282CMJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 194250000 | PA      | $194160198.23 | 15.24%            | 2027-01-31      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PET9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5197463.39   | 0.41%             | 2029-01-24      | Floating      | 5.18%                 | No            |                  2 | On Loan: —       |
| ING Groep N.V.                                         | ING Groep N.V.                                                                   | CUSIP: 456837BJ1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   6575000 | PA      | $6626753.67   | 0.52%             | 2027-09-11      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R07, Class 1M1             | CUSIP: 20754MBZ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2282234 | PA      | $2337901.26   | 0.18%             | 2042-06-25      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                         | Citigroup Inc.                                                                   | CUSIP: 17327CAX1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3274000 | PA      | $3242591.01   | 0.25%             | 2029-03-04      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                     | General Motors Financial Co., Inc.                                               | CUSIP: 37045XES1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6443203.85   | 0.51%             | 2027-05-08      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| MED Commercial Mortgage Trust 2024-MOB                 | MED Commercial Mortgage Trust 2024-MOB, Series 2024-MOB, Class A                 | CUSIP: 55287BAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4981176.50   | 0.39%             | 2041-05-15      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                   | Banco Santander S.A.                                                             | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   5000000 | PA      | $4990530.10   | 0.39%             | 2028-07-15      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                                  | CCG Receivables Trust, Series 2023-2, Class A2                                   | CUSIP: 12511QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1914443 | PA      | $1942207.33   | 0.15%             | 2032-04-14      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| BX Trust                                               | BX Trust, Series 2021-LGCY, Class B                                              | CUSIP: 12434DAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3630000 | PA      | $3600230.73   | 0.28%             | 2036-10-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                         | Citigroup Inc.                                                                   | CUSIP: 172967NH0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   6077000 | PA      | $6123280.91   | 0.48%             | 2028-02-24      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2020-INV1, Class A11                                           | CUSIP: 67113CAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    168812 | PA      | $160418.57    | 0.01%             | 2049-12-25      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAN7<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500130.63    | 0.04%             | 2026-01-09      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137ATEJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    122770 | PA      | $121406.87    | 0.01%             | 2041-06-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A3W9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   6775000 | PA      | $6774415.79   | 0.53%             | 2026-05-08      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2024-R04, Class 1M1             | CUSIP: 20753GAB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1327912 | PA      | $1327090.65   | 0.10%             | 2044-05-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-DNA1, Class M1                                          | CUSIP: 35564KP37<br>LEI: 5493000IRILHAKSCHN59 | Long             | ABS-MBS          | USGSE             | US        |   2311603 | PA      | $2350953.47   | 0.18%             | 2043-03-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                 | UBS AG                                                                           | CUSIP: 902674ZX1<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |     75000 | PA      | $75085.62     | 0.01%             | 2025-09-11      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank (The)                         | Huntington National Bank (The)                                                   | CUSIP: 44644MAL5<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   3103000 | PA      | $3090764.47   | 0.24%             | 2028-04-12      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA3, Class M2                                          | CUSIP: 35564NAA1<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | USGSE             | US        |   6000000 | PA      | $6275844.60   | 0.49%             | 2043-11-25      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4233141.23   | 0.33%             | 2027-09-25      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                         | Citigroup Inc.                                                                   | CUSIP: 172967MB4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1882000 | PA      | $1885651.80   | 0.15%             | 2026-07-01      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R01, Class 1M1             | CUSIP: 207932AA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4119070 | PA      | $4216988.15   | 0.33%             | 2042-12-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA2, Class M1                                          | CUSIP: 35564K2G3<br>LEI: 5493000KIGZAWUOW4E32 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2602876.50   | 0.20%             | 2043-06-25      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 06051GKH1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1691349.20   | 0.13%             | 2028-02-04      | Floating      | 5.41%                 | No            |                  2 | On Loan: —       |
| Ford Credit Floorplan Master Owner Trust A             | Ford Credit Floorplan Master Owner Trust A, Series 2023-1, Class A2              | CUSIP: 34528QHW7<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2511763.50   | 0.20%             | 2028-05-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                            | Extended Stay America Trust, Series 2021-ESH, Class B                            | CUSIP: 30227FAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4297404 | PA      | $4284997.38   | 0.34%             | 2038-07-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                      | Wells Fargo & Co.                                                                | CUSIP: 95000U3M3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7075000 | PA      | $7099519.54   | 0.56%             | 2028-04-22      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BUS35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   4848993 | PA      | $4845548.48   | 0.38%             | 2054-07-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R02, Class 1M2             | CUSIP: 20755AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    700000 | PA      | $728343.42    | 0.06%             | 2043-01-25      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                               | Lloyds Banking Group PLC                                                         | CUSIP: 539439BB4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $124757.33    | 0.01%             | 2028-11-26      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                              | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAR8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   5625000 | PA      | $5583346.59   | 0.44%             | 2029-02-14      | Floating      | 5.26%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA3, Class M1                                          | CUSIP: 35564KUW7<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-MBS          | USGSE             | US        |   1745919 | PA      | $1767395.57   | 0.14%             | 2042-04-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Merchants Fleet Funding LLC                            | Merchants Fleet Funding LLC, Series 2023-1A, Class A                             | CUSIP: 588926AA3<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |   1415339 | PA      | $1425676.64   | 0.11%             | 2036-05-20      | Fixed         | 7.21%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607L8D8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $250188.41    | 0.02%             | 2027-06-28      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                         | Pacific Life Global Funding II                                                   | CUSIP: 6944PL2V0<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   2265000 | PA      | $2280385.83   | 0.18%             | 2026-07-28      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136B0GG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    149417 | PA      | $147897.99    | 0.01%             | 2047-12-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC               | Volkswagen Group of America Finance, LLC                                         | CUSIP: 928668CJ9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   6700000 | PA      | $6701210.89   | 0.53%             | 2026-08-14      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                | Daimler Truck Finance North America LLC                                          | CUSIP: 233853BB5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3980404.76   | 0.31%             | 2028-01-13      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R02, Class 2M1             | CUSIP: 20754BAA9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    736515 | PA      | $736160.86    | 0.06%             | 2042-01-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R04, Class 1M2             | CUSIP: 20753YCK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4510000 | PA      | $4635757.74   | 0.36%             | 2042-03-25      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF81, Class AS     | CUSIP: 3137FUZS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    619391 | PA      | $617786.22    | 0.05%             | 2027-06-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ADN4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2965062.00   | 0.23%             | 2028-01-07      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Credit Agricole S.A.                                   | Credit Agricole S.A.                                                             | CUSIP: 22535WAM9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     75000 | PA      | $75005.61     | 0.01%             | 2028-09-11      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank N.V.                                     | ABN AMRO Bank N.V.                                                               | CUSIP: 00084DBB5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   7000000 | PA      | $7068297.46   | 0.55%             | 2027-09-18      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HKQD9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   7000000 | PA      | $6961415.30   | 0.55%             | 2055-04-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BULR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   6986556 | PA      | $6983267.69   | 0.55%             | 2055-01-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PJ21<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $3985110.08   | 0.31%             | 2029-03-30      | Floating      | 5.41%                 | No            |                  2 | On Loan: —       |
| American Honda Finance Corp.                           | American Honda Finance Corp.                                                     | CUSIP: 02665WFR7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5494314.87   | 0.43%             | 2026-05-11      | Floating      | 4.91%                 | No            |                  2 | On Loan: —       |
| Bank of New York Mellon Corp. (The)                    | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RBY2<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124771.24    | 0.01%             | 2028-07-21      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                 | Standard Chartered PLC                                                           | CUSIP: 853254CY4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $4057349.44   | 0.32%             | 2028-02-08      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                      | HSBC Holdings PLC                                                                | CUSIP: 404280BW8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     75000 | PA      | $75250.89     | 0.01%             | 2026-09-12      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance Trust                | Mello Mortgage Capital Acceptance Trust, Series 2021-INV2, Class A1              | CUSIP: 58549XBC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2685219 | PA      | $2505046.10   | 0.20%             | 2051-08-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF151, Class AS    | CUSIP: 3137H9QW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    803152 | PA      | $802909.13    | 0.06%             | 2032-12-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2021-DNA6, Class M2                                          | CUSIP: 35564KKY4<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-MBS          | USGSE             | US        |   5350235 | PA      | $5345084.99   | 0.42%             | 2041-10-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R08, Class 1M1             | CUSIP: 20755CAA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1150750 | PA      | $1153045.62   | 0.09%             | 2043-10-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                              | Corebridge Global Funding                                                        | CUSIP: 00138CAW8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   4320000 | PA      | $4352101.32   | 0.34%             | 2026-09-25      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Swedbank AB                                            | Swedbank AB                                                                      | CUSIP: 870195AA2<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |     75000 | PA      | $75599.91     | 0.01%             | 2026-06-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-VOLT, Class C                          | CUSIP: 05609VAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $3947888.00   | 0.31%             | 2036-09-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association, ARM                                    | CUSIP: 3622AC2R0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2643607 | PA      | $2671539.33   | 0.21%             | 2049-08-20      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31410KQS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    410901 | PA      | $426872.70    | 0.03%             | 2035-07-01      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel                     | Banque Federative du Credit Mutuel                                               | CUSIP: 06675DCH3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |     75000 | PA      | $75270.75     | 0.01%             | 2027-01-23      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF158, Class AS    | CUSIP: 3137HADA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   4343433 | PA      | $4360107.63   | 0.34%             | 2033-07-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEF9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7507592.93   | 0.59%             | 2028-04-22      | Floating      | 5.30%                 | No            |                  2 | On Loan: —       |
| OBX Trust                                              | OBX Trust, Series 2018-EXP2, Class 2A2                                           | CUSIP: 67097XAU4<br>LEI: 549300T9OLE6UGS5GU41 | Long             | ABS-MBS          | CORP              | US        |      8652 | PA      | $8657.99      | 0.00%             | 2058-07-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                       | Deutsche Bank AG                                                                 | CUSIP: 251526CN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   4050000 | PA      | $4029257.40   | 0.32%             | 2027-11-16      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BTME0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   5201707 | PA      | $5162336.59   | 0.41%             | 2054-10-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136AXP82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    433306 | PA      | $427521.35    | 0.03%             | 2047-09-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                      | HSBC Holdings PLC                                                                | CUSIP: 404280DY2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2500000 | PA      | $2522967.20   | 0.20%             | 2027-08-14      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                              | Corebridge Global Funding                                                        | CUSIP: 00138CBE7<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6960754.92   | 0.55%             | 2028-01-07      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                           | Santander Holdings USA, Inc.                                                     | CUSIP: 80282KBP0<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7525846.95   | 0.59%             | 2029-03-20      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| GMF Floorplan Owner Revolving Trust                    | GMF Floorplan Owner Revolving Trust, Series 2023-1, Class A2                     | CUSIP: 361886CS1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4024176.80   | 0.32%             | 2028-06-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| MHPA Commercial Mortgage Trust                         | MHPA Commercial Mortgage Trust, Series 2021-STOR, Class B                        | CUSIP: 55293BAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2485488.75   | 0.20%             | 2038-07-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2019-EXP2, Class 2A2                                           | CUSIP: 67113KAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    108653 | PA      | $107411.13    | 0.01%             | 2059-06-25      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                              | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAD9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2500000 | PA      | $2571081.45   | 0.20%             | 2028-06-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Standard Chartered PLC                                 | Standard Chartered PLC                                                           | CUSIP: 853254DD9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $4005804.44   | 0.31%             | 2028-05-14      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 06051GMN6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198483.46    | 0.02%             | 2029-01-24      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2024-D, Class A1B                       | CUSIP: 83207QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3627921 | PA      | $3595209.37   | 0.28%             | 2053-07-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| OBX 2025-HE1 TRUST                                     | OBX 2025-HE1 TRUST, Series 2025-HE1, Class A1                                    | CUSIP: 67121CAA4<br>LEI: 2549002GJHC7CO92J583 | Long             | ABS-MBS          | CORP              | US        |   2635000 | PA      | $2627575.62   | 0.21%             | 2055-02-25      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                       | Bank of Montreal                                                                 | CUSIP: 06368LC61<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3022783.62   | 0.24%             | 2026-12-11      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                           | Barclays PLC                                                                     | CUSIP: 06738ECQ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   6500000 | PA      | $6549326.36   | 0.51%             | 2028-03-12      | Floating      | 5.86%                 | No            |                  2 | On Loan: —       |
| Volkswagen Group of America Finance, LLC               | Volkswagen Group of America Finance, LLC                                         | CUSIP: 928668CT7<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7963121.36   | 0.63%             | 2027-03-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-DNA2, Class A1                                          | CUSIP: 35564NCW1<br>LEI: 529900GRKKKHILZX4347 | Long             | ABS-MBS          | USGSE             | US        |   2768626 | PA      | $2768528.76   | 0.22%             | 2044-05-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ACZ8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3993923.20   | 0.31%             | 2027-03-19      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R01, Class 1M1             | CUSIP: 20754LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1184720 | PA      | $1182748.76   | 0.09%             | 2041-12-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137BMSH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    333649 | PA      | $325939.81    | 0.03%             | 2040-09-15      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1240156.83   | 0.10%             | 2027-10-28      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                           | New York Life Global Funding                                                     | CUSIP: 64952WEE9<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100027.49    | 0.01%             | 2026-06-09      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA3, Class M1                                          | CUSIP: 35564KUX5<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-MBS          | USGSE             | US        |   4730000 | PA      | $4859584.97   | 0.38%             | 2042-04-25      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bank, N.A.                                 | Fifth Third Bank, N.A.                                                           | CUSIP: 31677QBV0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |   2634000 | PA      | $2613722.84   | 0.21%             | 2028-01-28      | Floating      | 5.19%                 | No            |                  2 | On Loan: —       |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2021-R03, Class 1M1             | CUSIP: 20754AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    988585 | PA      | $985990.93    | 0.08%             | 2041-12-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                 | Standard Chartered PLC                                                           | CUSIP: 85325C2F8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   3500000 | PA      | $3501656.97   | 0.27%             | 2029-01-21      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                            | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2B7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $100075.51    | 0.01%             | 2025-06-06      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                          | Citigroup Mortgage Loan Trust, Series 2024-1, Class A11                          | CUSIP: 17332CBX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3858393 | PA      | $3875612.71   | 0.30%             | 2054-07-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Student Loan Trust, Series 2021-1A, Class A1B                            | CUSIP: 63942NAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3918301 | PA      | $3829258.04   | 0.30%             | 2069-12-26      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                         | Citigroup Inc.                                                                   | CUSIP: 172967MZ1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    975000 | PA      | $974531.01    | 0.08%             | 2027-06-09      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings, Inc.                                  | PayPal Holdings, Inc.                                                            | CUSIP: 70450YAR4<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500268.71    | 0.04%             | 2028-03-06      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R06, Class 1M1             | CUSIP: 20754EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1224929 | PA      | $1230026.70   | 0.10%             | 2043-07-25      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1308000 | PA      | $1313029.02   | 0.10%             | 2028-04-23      | Floating      | 5.67%                 | No            |                  2 | On Loan: —       |
| OBX 2024-NQM5 Trust                                    | OBX 2024-NQM5 Trust, Series 2024-NQM5, Class A1                                  | CUSIP: 67448NAA6<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-MBS          | CORP              | US        |    713654 | PA      | $717855.12    | 0.06%             | 2064-01-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31411KLT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    128163 | PA      | $131476.46    | 0.01%             | 2037-03-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2020-A, Class A2B                       | CUSIP: 78449UAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    717658 | PA      | $717330.84    | 0.06%             | 2037-09-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R01, Class 1M2             | CUSIP: 20754LAB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4994000 | PA      | $5020050.70   | 0.39%             | 2041-12-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HDUN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   7500000 | PA      | $7467638.25   | 0.59%             | 2054-07-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A4B4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6011158.68   | 0.47%             | 2026-08-27      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 31288QQF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2447030 | PA      | $2507772.39   | 0.20%             | 2048-11-01      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.     | National Rural Utilities Cooperative Finance Corp.                               | CUSIP: 63743HFU1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3997089.16   | 0.31%             | 2027-09-16      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 3128S4JW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    177521 | PA      | $181467.53    | 0.01%             | 2037-06-01      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-HQA1, Class A1                                          | CUSIP: 35564NGY3<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | USGSE             | US        |   2218750 | PA      | $2208512.91   | 0.17%             | 2045-02-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-DNA1, Class M1                                          | CUSIP: 35564KP45<br>LEI: 5493000IRILHAKSCHN59 | Long             | ABS-MBS          | USGSE             | US        |   7125000 | PA      | $7395747.86   | 0.58%             | 2043-03-25      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | Royal Bank of Canada                                                             | CUSIP: 78016HZU7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   2917000 | PA      | $2926664.78   | 0.23%             | 2027-01-19      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Societe Generale                                       | Societe Generale                                                                 | CUSIP: 83368RBU5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   5575000 | PA      | $5606962.76   | 0.44%             | 2028-01-19      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R05, Class 1M2             | CUSIP: 207942AB9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1144210.87   | 0.09%             | 2043-06-25      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Pinnacle West Capital Corp.                            | Pinnacle West Capital Corp.                                                      | CUSIP: 723484AL5<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199966.68    | 0.02%             | 2026-06-10      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, N.A.                                 | Wells Fargo Bank, N.A.                                                           | CUSIP: 94988J6J1<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150244.99    | 0.01%             | 2026-01-15      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BSLC7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   4617192 | PA      | $4606378.50   | 0.36%             | 2054-07-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                      | NatWest Group PLC                                                                | CUSIP: 639057AR9<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   3500000 | PA      | $3507277.55   | 0.28%             | 2028-11-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                       | Bank of Montreal                                                                 | CUSIP: 06368MJH8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $124315.40    | 0.01%             | 2029-01-27      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                          | Citibank N.A.                                                                    | CUSIP: 17325FAZ1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75088.60     | 0.01%             | 2025-09-29      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 31347AUU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    161953 | PA      | $168683.19    | 0.01%             | 2043-03-01      | Floating      | 6.99%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                  | Westpac Banking Corp.                                                            | CUSIP: 961214ES8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     75000 | PA      | $75034.35     | 0.01%             | 2026-06-03      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                | CarMax Auto Owner Trust, Series 2024-1, Class C                                  | CUSIP: 14318WAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2029467.80   | 0.16%             | 2029-08-15      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2019-INV2                   | J.P. Morgan Mortgage Trust 2019-INV2, Series 2019-INV2, Class A1                 | CUSIP: 46651DAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155716 | PA      | $148707.52    | 0.01%             | 2050-02-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136AMED7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    362096 | PA      | $352861.87    | 0.03%             | 2045-01-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                             | Charles Schwab Corp. (The)                                                       | CUSIP: 808513BQ7<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   6858000 | PA      | $6853049.55   | 0.54%             | 2026-05-13      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| BX Trust                                               | BX Trust, Series 2022-LBA6, Class B                                              | CUSIP: 12433EAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $994717.90    | 0.08%             | 2039-01-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                               | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   3158000 | PA      | $3178418.71   | 0.25%             | 2027-08-07      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate Mortgage Trust            | Bear Stearns Adjustable Rate Mortgage Trust, Series 2003-8, Class 4A1            | CUSIP: 07384MZV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    101011 | PA      | $99984.74     | 0.01%             | 2034-01-25      | Variable      | 6.94%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                     | General Motors Financial Co., Inc.                                               | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3932328.08   | 0.31%             | 2027-07-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Jackson National Life Global Funding                   | Jackson National Life Global Funding                                             | CUSIP: 46849CJN2<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4993520.50   | 0.39%             | 2028-01-14      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA1, Class M1                                          | CUSIP: 35564KX79<br>LEI: 5493000IRHY5YZIPQD14 | Long             | ABS-MBS          | USGSE             | US        |   3902668 | PA      | $3930465.52   | 0.31%             | 2043-05-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HJWF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   4817487 | PA      | $4766173.93   | 0.37%             | 2055-02-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) PLC                            | Rio Tinto Finance (USA) PLC                                                      | CUSIP: 76720AAY2<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   2716000 | PA      | $2719812.31   | 0.21%             | 2028-03-14      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 59022CAA1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2706000 | PA      | $2703630.63   | 0.21%             | 2026-09-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R06, Class 1M2             | CUSIP: 20754EAB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5180000 | PA      | $5344491.94   | 0.42%             | 2043-07-25      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                               | Angel Oak Mortgage Trust, Series 2025-HB1, Class A1                              | CUSIP: 034936AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1755000 | PA      | $1756096.88   | 0.14%             | 2055-02-25      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ACS4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    600000 | PA      | $602156.02    | 0.05%             | 2025-11-03      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank N.V.                                     | ABN AMRO Bank N.V.                                                               | CUSIP: 00084DBE9<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   7600000 | PA      | $7591452.05   | 0.60%             | 2028-12-03      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R04, Class 1M1             | CUSIP: 20754QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6516933 | PA      | $6640311.82   | 0.52%             | 2043-05-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                      | Wells Fargo & Co.                                                                | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   5596000 | PA      | $5570127.40   | 0.44%             | 2028-01-24      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                            | Marsh & McLennan Cos., Inc.                                                      | CUSIP: 571748BZ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249732.33    | 0.02%             | 2027-11-08      | Floating      | 5.06%                 | No            |                  2 | On Loan: —       |
| MassMutual Global Funding II                           | MassMutual Global Funding II                                                     | CUSIP: 57629TBR7<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001819.53   | 0.08%             | 2027-01-29      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R05, Class 2M2             | CUSIP: 20754DAB3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1750000 | PA      | $1790851.30   | 0.14%             | 2042-04-25      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HFQP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   7020208 | PA      | $6990620.85   | 0.55%             | 2054-10-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC               | Volkswagen Group of America Finance, LLC                                         | CUSIP: 928668CD2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3999844.72   | 0.31%             | 2026-03-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                      | HSBC Holdings PLC                                                                | CUSIP: 404280EP0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $4994389.00   | 0.39%             | 2030-11-19      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA2, Class M1                                          | CUSIP: 35564KRF8<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | USGSE             | US        |   4250000 | PA      | $4341296.80   | 0.34%             | 2042-02-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R04, Class 1M1             | CUSIP: 20753YCH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3330296 | PA      | $3356211.76   | 0.26%             | 2042-03-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                              | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TKV6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250811.29    | 0.02%             | 2026-05-18      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                 | Merrill Lynch Mortgage Investors Trust, Series 2005-A2, Class A5                 | CUSIP: 59020USM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     36148 | PA      | $33782.93     | 0.00%             | 2035-02-25      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ADE4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   5225000 | PA      | $5197822.95   | 0.41%             | 2027-06-24      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U8C7<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3195384.19   | 0.25%             | 2028-05-26      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2019-B, Class A2B                       | CUSIP: 83192CAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1081987 | PA      | $1083000.10   | 0.09%             | 2037-06-15      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U8D5<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5000707.55   | 0.39%             | 2028-07-14      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 3128S5MP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    199454 | PA      | $206036.19    | 0.02%             | 2038-11-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PCY0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3514156.59   | 0.28%             | 2028-02-24      | Floating      | 5.55%                 | No            |                  2 | On Loan: —       |
| Standard Chartered Bank of New York                    | Standard Chartered Bank of New York                                              | CUSIP: 85325X2A3<br>LEI: RILFO74KP1CM8P6PCT96 | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $2998207.20   | 0.24%             | 2026-10-08      | Floating      | 5.03%                 | No            |                  2 | On Loan: —       |
| Freddie Mac Multifamily Structured Credit Risk         | Freddie Mac Multifamily Structured Credit Risk, Series 2021-MN2, Class M1        | CUSIP: 35563JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    972421 | PA      | $955630.80    | 0.08%             | 2041-07-25      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R03, Class 1M1             | CUSIP: 20753XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    964828 | PA      | $973554.16    | 0.08%             | 2042-03-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-DNA3, Class A1                                          | CUSIP: 35564NEY5<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | USGSE             | US        |    921875 | PA      | $919317.90    | 0.07%             | 2044-10-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2024-9, Class A11                             | CUSIP: 46593DAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2477654 | PA      | $2464379.83   | 0.19%             | 2055-02-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF65, Class A      | CUSIP: 3137FNAS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   1449708 | PA      | $1447747.61   | 0.11%             | 2029-07-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                               | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAN3<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   1350000 | PA      | $1358438.54   | 0.11%             | 2026-06-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                   | Mitsubishi Ufj Financial Group, Inc.                                             | CUSIP: 606822DJ0<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   1246000 | PA      | $1260406.59   | 0.10%             | 2031-04-24      | Floating      | 5.86%                 | No            |                  2 | On Loan: —       |
| Macquarie Bank Ltd.                                    | Macquarie Bank Ltd.                                                              | CUSIP: 55608PBU7<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $502285.17    | 0.04%             | 2027-07-02      | Floating      | 5.30%                 | No            |                  2 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GYH1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3500740.29   | 0.27%             | 2027-09-10      | Floating      | 5.19%                 | No            |                  2 | On Loan: —       |
| Macquarie Group Ltd.                                   | Macquarie Group Ltd.                                                             | CUSIP: 55607PAE5<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     75000 | PA      | $75113.75     | 0.01%             | 2027-09-23      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ACW5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4727966.55   | 0.37%             | 2027-01-08      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A3U3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5027966.35   | 0.39%             | 2027-03-25      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U7Z7<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250639.21    | 0.02%             | 2028-01-14      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF35, Class A      | CUSIP: 3137FJY29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    650001 | PA      | $649591.22    | 0.05%             | 2025-10-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                      | Chase Home Lending Mortgage Trust, Series 2025-1, Class A11                      | CUSIP: 16160TAX6<br>LEI: 529900UNQTJFSNGLF721 | Long             | ABS-MBS          | CORP              | US        |   4857704 | PA      | $4793843.52   | 0.38%             | 2055-11-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA4, Class M1                                          | CUSIP: 35564KWT2<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2593266.50   | 0.20%             | 2042-05-25      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                              | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAG2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    450000 | PA      | $449593.59    | 0.04%             | 2027-06-04      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2019-INV3                   | J.P. Morgan Mortgage Trust 2019-INV3, Series 2019-INV3, Class A1                 | CUSIP: 46591LBC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     70888 | PA      | $67780.10     | 0.01%             | 2050-05-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                           | National Australia Bank Ltd.                                                     | CUSIP: 632525BM2<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $150245.03    | 0.01%             | 2025-12-10      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                            | Nationwide Building Society                                                      | CUSIP: 63861VAG2<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $4010676.92   | 0.31%             | 2028-02-16      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-VINO, Class B                          | CUSIP: 05608KAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1645000 | PA      | $1635735.04   | 0.13%             | 2038-05-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Carmax Select Receivables Trust 2024-A                 | Carmax Select Receivables Trust 2024-A, Series 2024-A, Class C                   | CUSIP: 14319FAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1410349.64   | 0.11%             | 2030-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-VOLT, Class B                          | CUSIP: 05609VAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3252772 | PA      | $3220182.48   | 0.25%             | 2036-09-15      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding 1 LLC                       | Wheels Fleet Lease Funding 1 LLC, Series 2025-1A, Class A1                       | CUSIP: 96328GCE5<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   6750000 | PA      | $6771780.90   | 0.53%             | 2040-01-18      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                           | National Australia Bank Ltd.                                                     | CUSIP: 632525BQ3<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |   4000000 | PA      | $4002829.52   | 0.31%             | 2027-06-11      | Floating      | 4.99%                 | No            |                  2 | On Loan: —       |
| Royal Bank of Canada                                   | Royal Bank of Canada                                                             | CUSIP: 78016EZR1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    275000 | PA      | $275430.14    | 0.02%             | 2026-04-27      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Invesco Private Prime Fund                             | Invesco Private Prime Fund                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  22495217 | NS      | $22495217.14  | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 3140JBWP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1837846 | PA      | $1903005.48   | 0.15%             | 2045-04-01      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| BX Trust                                               | BX Trust, Series 2022-IND, Class C                                               | CUSIP: 05609WAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2450000 | PA      | $2453000.04   | 0.19%             | 2037-04-15      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-HQA3, Class M1                                          | CUSIP: 35564KE39<br>LEI: 5493000IRJ8RDHSNEL96 | Long             | ABS-MBS          | USGSE             | US        |   3227057 | PA      | $3275024.54   | 0.26%             | 2042-08-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                           | National Australia Bank Ltd.                                                     | CUSIP: 632525BF7<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    650000 | PA      | $650111.83    | 0.05%             | 2025-05-13      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | Royal Bank of Canada                                                             | CUSIP: 78016EZP5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $150182.42    | 0.01%             | 2026-01-20      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                   | BBCMS Mortgage Trust, Series 2019-BWAY, Class B                                  | CUSIP: 05492NAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3250000 | PA      | $273341.25    | 0.02%             | 2034-11-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PVR2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $4967818.60   | 0.39%             | 2028-01-13      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2025-A                       | Nelnet Student Loan Trust 2025-A, Series 2025-AA, Class A1B                      | CUSIP: 64033XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1530000 | PA      | $1517553.30   | 0.12%             | 2057-03-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Societe Generale                                       | Societe Generale                                                                 | CUSIP: 83368RCA8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2000000 | PA      | $1993163.64   | 0.16%             | 2027-02-19      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                   | Glencore Funding LLC                                                             | CUSIP: 378272BX5<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   3214000 | PA      | $3211348.35   | 0.25%             | 2026-10-01      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                              | Ford Motor Credit Co. LLC                                                        | CUSIP: 345397F99<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   7625000 | PA      | $7490296.29   | 0.59%             | 2026-11-05      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                   | Glencore Funding LLC                                                             | CUSIP: 378272BW7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   6223000 | PA      | $6252691.74   | 0.49%             | 2027-04-04      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Amur Equipment Finance Receivables XIII LLC            | Amur Equipment Finance Receivables XIII LLC, Series 2024-1A, Class A2            | CUSIP: 03237CAB8<br>LEI: 254900O8ABFLU3FOSN14 | Long             | ABS-O            | CORP              | US        |   2594075 | PA      | $2619597.91   | 0.21%             | 2031-01-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 06051GJV2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   7114000 | PA      | $7124326.33   | 0.56%             | 2027-07-22      | Floating      | 5.35%                 | No            |                  2 | On Loan: —       |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 31288QZN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2588672 | PA      | $2677113.41   | 0.21%             | 2049-01-01      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                               | John Deere Capital Corp.                                                         | CUSIP: 24422EXQ7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75095.52     | 0.01%             | 2027-04-19      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-HQA1, Class M1                                          | CUSIP: 35564KTA7<br>LEI: 5493000IRODEKU3J3Q16 | Long             | ABS-MBS          | USGSE             | US        |   1115082 | PA      | $1120479.76   | 0.09%             | 2042-03-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                   | American Express Co.                                                             | CUSIP: 025816DM8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100406.60    | 0.01%             | 2026-10-30      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137FDD66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   2128459 | PA      | $2063599.67   | 0.16%             | 2048-01-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R05, Class 1M1             | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1184507 | PA      | $1193816.95   | 0.09%             | 2043-06-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2020-5                       | Nelnet Student Loan Trust 2020-5, Series 2020-5A, Class A                        | CUSIP: 64032VAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3199137 | PA      | $3180329.08   | 0.25%             | 2068-10-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.     | National Rural Utilities Cooperative Finance Corp.                               | CUSIP: 63743HFQ0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5000485.75   | 0.39%             | 2027-02-05      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| BIG Commercial Mortgage Trust 2022-BIG                 | BIG Commercial Mortgage Trust 2022-BIG, Series 2022-BIG, Class A                 | CUSIP: 05551UAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1460351 | PA      | $1453107.32   | 0.11%             | 2039-02-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                               | John Deere Capital Corp.                                                         | CUSIP: 24422EXJ3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300231.32    | 0.02%             | 2025-10-22      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38145GAN0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75127.66     | 0.01%             | 2026-08-10      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                         | Protective Life Global Funding                                                   | CUSIP: 743672AE7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3002157.75   | 0.24%             | 2026-04-10      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                             | Charles Schwab Corp. (The)                                                       | CUSIP: 808513BZ7<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4020261.64   | 0.32%             | 2027-03-03      | Floating      | 5.42%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA2, Class M1                                          | CUSIP: 35564K2F5<br>LEI: 5493000KIGZAWUOW4E32 | Long             | ABS-MBS          | USGSE             | US        |    869866 | PA      | $874683.99    | 0.07%             | 2043-06-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2019-6, Class A11                             | CUSIP: 46651BAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     43855 | PA      | $41912.83     | 0.00%             | 2049-12-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BURK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   4772452 | PA      | $4766468.09   | 0.37%             | 2055-02-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Student Loan Trust, Series 2021-2A, Class A1B                            | CUSIP: 63942QAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1041048 | PA      | $1021296.55   | 0.08%             | 2070-02-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                   | American Express Co.                                                             | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4294000 | PA      | $4307520.52   | 0.34%             | 2027-07-28      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R06, Class 1M1             | CUSIP: 20754NAB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    822434 | PA      | $838158.87    | 0.07%             | 2042-05-25      | Floating      | 7.10%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                           | Mizuho Financial Group, Inc.                                                     | CUSIP: 60687YBY4<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $150064.02    | 0.01%             | 2026-05-22      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 31394EQZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    147983 | PA      | $147918.31    | 0.01%             | 2035-04-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| HSBC USA Inc.                                          | HSBC USA Inc.                                                                    | CUSIP: 40428HA51<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5022859.20   | 0.39%             | 2027-03-04      | Floating      | 5.33%                 | No            |                  2 | On Loan: —       |
| SMRT                                                   | SMRT, Series 2022-MINI, Class B                                                  | CUSIP: 78457JAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4655000 | PA      | $4589344.48   | 0.36%             | 2039-01-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Navistar Financial Dealer Note Master Owner Trust      | Navistar Financial Dealer Note Master Owner Trust, Series 2024-1, Class C        | CUSIP: 63938PBY4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $857667.85    | 0.07%             | 2029-04-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                         | Pacific Life Global Funding II                                                   | CUSIP: 6944PL3A5<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6506827.34   | 0.51%             | 2027-02-05      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136ART24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    182389 | PA      | $179403.85    | 0.01%             | 2046-05-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                       | OneMain Financial Issuance Trust, Series 2023-2A, Class A2                       | CUSIP: 68269HAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4022350.00   | 0.32%             | 2036-09-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PCF1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250561.55    | 0.02%             | 2027-04-22      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA5, Class M1                                          | CUSIP: 35564KYN3<br>LEI: 5493000IS349P4O9HR58 | Long             | ABS-MBS          | USGSE             | US        |   4520117 | PA      | $4611862.49   | 0.36%             | 2042-06-25      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                  | Sumitomo Mitsui Financial Group, Inc.                                            | CUSIP: 86562MCU2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $2013629.34   | 0.16%             | 2026-01-13      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R08, Class 1M2             | CUSIP: 20755CAB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    780000 | PA      | $800727.72    | 0.06%             | 2043-10-25      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                     | State Street Corp.                                                               | CUSIP: 857477CE1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75008.79     | 0.01%             | 2026-08-03      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                  | Westpac Banking Corp.                                                            | CUSIP: 961214FB4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     75000 | PA      | $75193.91     | 0.01%             | 2025-08-26      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                      | Chase Home Lending Mortgage Trust, Series 2024-7, Class A11                      | CUSIP: 16159TAP6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4007573 | PA      | $3970894.19   | 0.31%             | 2055-06-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Nextgear Floorplan Master Owner Trust                  | Nextgear Floorplan Master Owner Trust, Series 2024-1A, Class A1                  | CUSIP: 65341KBY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4009448.80   | 0.31%             | 2029-03-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                           | Mizuho Financial Group, Inc.                                                     | CUSIP: 60687YDK2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   5000000 | PA      | $4993491.80   | 0.39%             | 2031-05-13      | Floating      | 5.44%                 | No            |                  2 | On Loan: —       |
| USB Realty Corp.                                       | USB Realty Corp.                                                                 | CUSIP: 903312AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $864317.41    | 0.07%             | N/A             | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                     | General Motors Financial Co., Inc.                                               | CUSIP: 37045XDQ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   7597000 | PA      | $7518374.47   | 0.59%             | 2027-02-26      | Floating      | 5.40%                 | No            |                  2 | On Loan: —       |
| Royal Bank of Canada                                   | Royal Bank of Canada                                                             | CUSIP: 78016HZR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $503576.68    | 0.04%             | 2026-07-20      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R05, Class 2M1             | CUSIP: 20754DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1011756 | PA      | $1015070.16   | 0.08%             | 2042-04-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust                         | Adjustable Rate Mortgage Trust, Series 2004-2, Class 6A1                         | CUSIP: 007036BU9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13666 | PA      | $13564.45     | 0.00%             | 2035-02-25      | Variable      | 0.71%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2019-INV2, Class A11                                           | CUSIP: 67112VAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2547267 | PA      | $2449730.20   | 0.19%             | 2049-05-27      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2024-4  | Morgan Stanley Residential Mortgage Loan Trust 2024-4, Series 2024-4, Class AF   | CUSIP: 61777BBQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4132777 | PA      | $4087310.40   | 0.32%             | 2054-09-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U7X2<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176079.49    | 0.01%             | 2026-10-30      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-HQA1, Class A1                                          | CUSIP: 35564NBW2<br>LEI: 529900PGKDI4ZEXFQ523 | Long             | ABS-MBS          | USGSE             | US        |  10034864 | PA      | $10030832.43  | 0.79%             | 2044-03-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust                          | Commonbond Student Loan Trust, Series 2018-AGS, Class A2                         | CUSIP: 20269DAB1<br>LEI: 5493005PJR3MYTKJFJ48 | Long             | ABS-O            | CORP              | US        |    209161 | PA      | $206577.30    | 0.02%             | 2044-02-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-DNA2, Class M1                                          | CUSIP: 35564KT66<br>LEI: 5493000IRI80KQJUNK40 | Long             | ABS-MBS          | USGSE             | US        |   2700000 | PA      | $2825417.70   | 0.22%             | 2043-04-25      | Floating      | 7.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R02, Class 2M2             | CUSIP: 20754BAB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4000000 | PA      | $4083338.80   | 0.32%             | 2042-01-25      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                       | Bank of Montreal                                                                 | CUSIP: 06368LNU6<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    275000 | PA      | $277052.03    | 0.02%             | 2026-06-05      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U7V6<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75029.98     | 0.01%             | 2025-07-16      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ADS3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4973205.05   | 0.39%             | 2027-03-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: —       |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R08, Class 1M1             | CUSIP: 20755DAA4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4193253 | PA      | $4280391.87   | 0.34%             | 2042-07-25      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2019-EXP1, Class 2A1B                                          | CUSIP: 67448QAT8<br>LEI: 549300ELWOCL265HSB73 | Long             | ABS-MBS          | CORP              | US        |    463524 | PA      | $462996.98    | 0.04%             | 2059-01-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                           | Barclays PLC                                                                     | CUSIP: 06738ECM5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   2750000 | PA      | $2784524.11   | 0.22%             | 2027-09-13      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2014-3                       | Nelnet Student Loan Trust 2014-3, Series 2014-3A, Class A                        | CUSIP: 64033KAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    539524 | PA      | $533266.63    | 0.04%             | 2041-06-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| BPCE S.A.                                              | BPCE S.A.                                                                        | CUSIP: 05571AAP0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   6250000 | PA      | $6340863.88   | 0.50%             | 2027-10-19      | Floating      | 6.36%                 | No            |                  2 | On Loan: —       |
| Ford Motor Credit Co. LLC                              | Ford Motor Credit Co. LLC                                                        | CUSIP: 345397C50<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5025000 | PA      | $5052562.93   | 0.40%             | 2026-03-06      | Floating      | 7.32%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                            | Freddie Mac, Series 2023-DNA2, Class M1                                          | CUSIP: 35564KT58<br>LEI: 5493000IRI80KQJUNK40 | Long             | ABS-MBS          | USGSE             | US        |   5154383 | PA      | $5222285.94   | 0.41%             | 2043-04-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                   | American Express Co.                                                             | CUSIP: 025816DD8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125269.36    | 0.01%             | 2026-02-13      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31407MSP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24172 | PA      | $24872.36     | 0.00%             | 2035-07-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2023-C, Class A1B                       | CUSIP: 83207DAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1460752 | PA      | $1476683.17   | 0.12%             | 2052-11-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                         | ING Groep N.V.                                                                   | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   5000000 | PA      | $4966851.70   | 0.39%             | 2029-03-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| PepsiCo, Inc.                                          | PepsiCo, Inc.                                                                    | CUSIP: 713448FP8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175284.96    | 0.01%             | 2026-02-13      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Portfolio                  | Invesco Government & Agency Portfolio, Institutional Class                       | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |   9597268 | NS      | $9597267.66   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31405RF84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40605 | PA      | $41460.01     | 0.00%             | 2035-02-01      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| BMW US Capital, LLC                                    | BMW US Capital, LLC                                                              | CUSIP: 05565ECT0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150102.81    | 0.01%             | 2027-08-13      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA6, Class M1                                          | CUSIP: 35564KH44<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | USGSE             | US        |   2750000 | PA      | $2881404.35   | 0.23%             | 2042-09-25      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| MHP                                                    | MHP, Series 2021-STOR, Class C                                                   | CUSIP: 55293BAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4353000 | PA      | $4322605.61   | 0.34%             | 2038-07-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co.                                      | Georgia Power Co.                                                                | CUSIP: 373334KZ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |   3679000 | PA      | $3663986.04   | 0.29%             | 2026-09-15      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                  | Wells Fargo Commercial Mortgage Trust, Series 2016-NXS5, Class A6F               | CUSIP: 95000CBK8<br>LEI: 549300SGFUCMB43V8P22 | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2490316.00   | 0.20%             | 2059-01-15      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-HQA2, Class M1                                          | CUSIP: 35564KB24<br>LEI: 5493000IRLADKYZNON28 | Long             | ABS-MBS          | USGSE             | US        |    998273 | PA      | $1019133.93   | 0.08%             | 2042-07-25      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc.                                  | Keurig Dr Pepper Inc.                                                            | CUSIP: 49271VAY6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6005410.14   | 0.47%             | 2026-11-15      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc.                                  | Keurig Dr Pepper Inc.                                                            | CUSIP: 49271VAS9<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5013907.50   | 0.39%             | 2027-03-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: —       |
| General Motors Financial Co., Inc.                     | General Motors Financial Co., Inc.                                               | CUSIP: 37045XFF8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4917048.10   | 0.39%             | 2028-04-04      | Floating      | 5.55%                 | No            |                  2 | On Loan: —       |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R01, Class 1M2             | CUSIP: 207932AB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1225000 | PA      | $1285646.69   | 0.10%             | 2042-12-25      | Floating      | 8.10%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                          | MHC Commercial Mortgage Trust, Series 2021-MHC, Class B                          | CUSIP: 55316VAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2800000 | PA      | $2794023.68   | 0.22%             | 2038-04-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R03, Class 2M2             | CUSIP: 20753AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4046476 | PA      | $4269639.96   | 0.34%             | 2043-04-25      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                 | Merrill Lynch Mortgage Investors Trust, Series 2003-F, Class A1                  | CUSIP: 5899292M9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29242 | PA      | $27546.62     | 0.00%             | 2028-10-25      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PDZ6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1667000 | PA      | $1675980.33   | 0.13%             | 2028-01-23      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                   | American Express Co.                                                             | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4075000 | PA      | $4091191.69   | 0.32%             | 2028-07-26      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137BYKC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    383849 | PA      | $378993.75    | 0.03%             | 2038-09-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2022-C, Class A1B                       | CUSIP: 78449CAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1738760 | PA      | $1756659.84   | 0.14%             | 2050-05-16      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA3, Class M1                                          | CUSIP: 35564K3G2<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | USGSE             | US        |   1090455 | PA      | $1095956.07   | 0.09%             | 2043-11-25      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GZS6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3548455.72   | 0.28%             | 2028-03-15      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-DNA1, Class A1                                          | CUSIP: 35564NFY4<br>LEI: 529900WZAMS87JCAOC53 | Long             | ABS-MBS          | USGSE             | US        |   2125000 | PA      | $2115843.80   | 0.17%             | 2045-01-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Invesco Private Government Fund                        | Invesco Private Government Fund                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   8658232 | NS      | $8658231.87   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31410QDW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     79079 | PA      | $81026.64     | 0.01%             | 2036-10-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                    | GS Mortgage-Backed Securities Trust, Series 2024-HE1, Class A1                   | CUSIP: 36270AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1180140 | PA      | $1179740.93   | 0.09%             | 2054-08-25      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                 | Tesla Auto Lease Trust, Series 2023-A, Class B                                   | CUSIP: 88167PAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3515874.60   | 0.28%             | 2027-07-20      | Fixed         | 6.41%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-ACNT, Class B                          | CUSIP: 05609QAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3429194 | PA      | $3412087.04   | 0.27%             | 2038-11-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                   | Caterpillar Financial Services Corp.                                             | CUSIP: 14913UAK6<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75015.17     | 0.01%             | 2026-02-27      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31419ALN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     45871 | PA      | $46568.64     | 0.00%             | 2037-11-01      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                    | Macquarie Bank Ltd.                                                              | CUSIP: 55608PBS2<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   4000000 | PA      | $4029337.00   | 0.32%             | 2026-12-07      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-VOLT, Class A                          | CUSIP: 05609VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $693784.00    | 0.05%             | 2036-09-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding (AESOP) LLC             | Avis Budget Rental Car Funding (AESOP) LLC, Series 2020-2A, Class C              | CUSIP: 05377REC4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1289448.81   | 0.10%             | 2027-02-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HHDJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   6923795 | PA      | $6877146.35   | 0.54%             | 2054-11-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-DNA2, Class M1                                          | CUSIP: 35564NCX9<br>LEI: 529900GRKKKHILZX4347 | Long             | ABS-MBS          | USGSE             | US        |   4500131 | PA      | $4499096.32   | 0.35%             | 2044-05-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R03, Class 2M1             | CUSIP: 20753ACJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2723106 | PA      | $2757657.15   | 0.22%             | 2043-04-25      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-VOLT, Class D                          | CUSIP: 05609VAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1232389.38   | 0.10%             | 2036-09-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Floating Rate Notes                      | U.S. Treasury Floating Rate Notes                                                | CUSIP: 91282CLT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  97125000 | PA      | $97219397.73  | 7.63%             | 2026-10-31      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137F33L6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    414459 | PA      | $410181.34    | 0.03%             | 2043-08-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R04, Class 1M2             | CUSIP: 20754QAB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4000000 | PA      | $4202584.00   | 0.33%             | 2043-05-25      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, N.A.                                 | Wells Fargo Bank, N.A.                                                           | CUSIP: 94988J6C6<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75052.13     | 0.01%             | 2025-08-01      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAH0<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000245.88   | 0.08%             | 2025-08-01      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust                          | Commonbond Student Loan Trust, Series 2018-CGS, Class A2                         | CUSIP: 20267XAB9<br>LEI: 549300O1CSZVJJTIR319 | Long             | ABS-O            | CORP              | US        |    467487 | PA      | $462530.03    | 0.04%             | 2046-02-25      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2021-1, Class A11                             | CUSIP: 46592EBC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    566657 | PA      | $527191.35    | 0.04%             | 2051-06-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                           | Pacific Gas and Electric Co.                                                     | CUSIP: 694308KS5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1898778.83   | 0.15%             | 2025-09-04      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                           | Ford Credit Auto Lease Trust, Series 2024-B, Class B                             | CUSIP: 345279AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5050972.00   | 0.40%             | 2028-02-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                  | Westpac Banking Corp.                                                            | CUSIP: 961214FU2<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    125000 | PA      | $125444.42    | 0.01%             | 2029-04-16      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                      | HSBC Holdings PLC                                                                | CUSIP: 404280ET2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   3636000 | PA      | $3612546.64   | 0.28%             | 2029-03-03      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                              | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TMA0<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75021.10     | 0.01%             | 2027-03-19      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2024-11, Class A11                            | CUSIP: 46659AAW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2770009 | PA      | $2738940.76   | 0.22%             | 2055-04-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2020-8, Class A11                             | CUSIP: 46652TBM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    177596 | PA      | $167633.73    | 0.01%             | 2051-03-25      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                            | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2T8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1914000 | PA      | $1924310.47   | 0.15%             | 2026-07-17      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| SREIT Trust                                            | SREIT Trust, Series 2021-PALM, Class A                                           | CUSIP: 85237AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3015000 | PA      | $2995517.37   | 0.24%             | 2034-10-15      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                  | Westpac Banking Corp.                                                            | CUSIP: 961214FM0<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $150272.00    | 0.01%             | 2025-11-17      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                | UnitedHealth Group Inc.                                                          | CUSIP: 91324PFE7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99907.88     | 0.01%             | 2026-07-15      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R02, Class 1M1             | CUSIP: 20754TAC6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2804518 | PA      | $2808165.24   | 0.22%             | 2045-02-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2021-A, Class A2A2                      | CUSIP: 78448YAK7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2399967 | PA      | $2382143.43   | 0.19%             | 2053-01-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                               | Bristol-Myers Squibb Co.                                                         | CUSIP: 110122EM6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   1172000 | PA      | $1172044.54   | 0.09%             | 2026-02-20      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| BMW US Capital, LLC                                    | BMW US Capital, LLC                                                              | CUSIP: 05565ECD5<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100037.42    | 0.01%             | 2025-08-11      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                              | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TLA1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75064.53     | 0.01%             | 2025-09-11      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                     | LPL Holdings, Inc.                                                               | CUSIP: 50212YAN4<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1629000 | PA      | $1636742.96   | 0.13%             | 2028-04-03      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| Lloyds Banking Group PLC                               | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAY9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   4575000 | PA      | $4615451.97   | 0.36%             | 2028-01-05      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                         | Pacific Life Global Funding II                                                   | CUSIP: 6944PL2G3<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   4222000 | PA      | $4228831.58   | 0.33%             | 2026-06-04      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Edsouth Indenture No. 9 LLC                            | Edsouth Indenture No. 9 LLC, Series 2015-1, Class A                              | CUSIP: 281378AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    227979 | PA      | $225178.23    | 0.02%             | 2056-10-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2019-EXP1, Class 2A2                                           | CUSIP: 67448QAV3<br>LEI: 549300ELWOCL265HSB73 | Long             | ABS-MBS          | CORP              | US        |     46353 | PA      | $46509.09     | 0.00%             | 2059-01-25      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, N.A.                                 | Wells Fargo Bank, N.A., Series BNKT                                              | CUSIP: 94988J6E2<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75274.91     | 0.01%             | 2026-08-07      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                         | Morgan Stanley                                                                   | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7523597.40   | 0.59%             | 2028-04-13      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2021-HQA4, Class M1                                          | CUSIP: 35564KNK1<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | USGSE             | US        |   6843336 | PA      | $6795054.52   | 0.53%             | 2041-12-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                         | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KG3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $150037.09    | 0.01%             | 2025-07-07      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R02, Class 1M1             | CUSIP: 20755AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2727839 | PA      | $2782192.12   | 0.22%             | 2043-01-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R07, Class 2M2             | CUSIP: 20753BAB8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2590765.00   | 0.20%             | 2043-09-25      | Floating      | 7.60%                 | No            |                  2 | On Loan: No      |
| MSC Trust 2021-ILP                                     | MSC Trust 2021-ILP, Series 2021-ILP, Class A                                     | CUSIP: 62479WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4983520 | PA      | $4961858.81   | 0.39%             | 2036-11-15      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                           | MassMutual Global Funding II                                                     | CUSIP: 57629TBS5<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2496577.93   | 0.20%             | 2027-04-09      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GYR9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124742.10    | 0.01%             | 2027-10-21      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2020-EXP1, Class 2A2                                           | CUSIP: 67448TBF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    204182 | PA      | $201816.75    | 0.02%             | 2060-02-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                  | HPEFS Equipment Trust, Series 2023-2A, Class D                                   | CUSIP: 44328UAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1528779.60   | 0.12%             | 2031-07-21      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | Royal Bank of Canada                                                             | CUSIP: 78017FZU0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $199084.31    | 0.02%             | 2028-10-18      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEM4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4999198.25   | 0.39%             | 2028-07-22      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| RLGH Trust                                             | RLGH Trust, Series 2021-TROT, Class B                                            | CUSIP: 74969CAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2983437.30   | 0.23%             | 2036-04-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2018-PHH, Class B | CUSIP: 46650FAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2385000 | PA      | $1843904.32   | 0.14%             | 2035-06-15      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2024-R03, Class 2M2             | CUSIP: 207941AB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4500000 | PA      | $4508865.45   | 0.35%             | 2044-03-25      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2006-2                       | Nelnet Student Loan Trust 2006-2, Series 2006-2, Class A7                        | CUSIP: 640315AJ6<br>LEI: 549300ICCIKZ4HWN5R47 | Long             | ABS-O            | CORP              | US        |   3857634 | PA      | $3790152.67   | 0.30%             | 2037-01-26      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate Mortgage Trust            | Bear Stearns Adjustable Rate Mortgage Trust, Series 2003-7, Class 6A             | CUSIP: 07384MYW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     77484 | PA      | $73712.58     | 0.01%             | 2033-10-25      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2024-F, Class A1B                       | CUSIP: 83207VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6996501 | PA      | $6929497.13   | 0.54%             | 2054-03-16      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2024-5, Class A11                             | CUSIP: 46658RAP3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4726886 | PA      | $4674660.32   | 0.37%             | 2054-11-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                              | Nelnet Student Loan Trust, Series 2021-A, Class A2                               | CUSIP: 64035DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2680000 | PA      | $2655729.92   | 0.21%             | 2062-04-20      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                       | Deutsche Bank AG                                                                 | CUSIP: 25160PAP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6597000 | PA      | $6548579.93   | 0.51%             | 2029-01-10      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2022-B, Class A1B                       | CUSIP: 83206NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1780968 | PA      | $1795250.45   | 0.14%             | 2055-02-16      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2020-EXP3, Class 2A2                                           | CUSIP: 67448WBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    224010 | PA      | $225054.03    | 0.02%             | 2060-01-25      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2020-LTV1                   | J.P. Morgan Mortgage Trust 2020-LTV1, Series 2020-LTV1, Class A1                 | CUSIP: 46591NBC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5999 | PA      | $5961.52      | 0.00%             | 2050-06-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank U.A.                             | Cooperatieve Rabobank U.A.                                                       | CUSIP: 21688AAZ5<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    175000 | PA      | $175895.87    | 0.01%             | 2026-10-05      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                   | Caterpillar Financial Services Corp.                                             | CUSIP: 14913UAM2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74904.94     | 0.01%             | 2027-05-14      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust                          | Commonbond Student Loan Trust, Series 2017-BGS, Class A2                         | CUSIP: 20268KAB6<br>LEI: 549300KDXV3I7WKXA522 | Long             | ABS-O            | CORP              | US        |    105856 | PA      | $104144.66    | 0.01%             | 2042-09-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                      | Chase Home Lending Mortgage Trust, Series 2024-6, Class A11                      | CUSIP: 161931AP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3752945 | PA      | $3710864.81   | 0.29%             | 2055-05-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                               | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   5475000 | PA      | $5472380.32   | 0.43%             | 2027-05-28      | Floating      | 5.02%                 | No            |                  2 | On Loan: —       |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HKPK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   8500000 | PA      | $8474148.10   | 0.67%             | 2055-04-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** Invesco Actively Managed Exchange-Traded Fund Trust

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President