# EDGAR Filing Document

**Accession Number:** 0001479026
**File Stem:** 0000940400-26-015186
**Filing Date:** 2026-4
**Character Count:** 151148
**Document Hash:** a9b5ac89f23306600789ec9e8d7e9d66
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-015186.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000940400-26-015186

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Goldman Sachs ETF Trust
- **CENTRAL INDEX KEY:** 0001479026

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23013
- **FILM NUMBER:** 26905700

**BUSINESS ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282-2198
- **BUSINESS PHONE:** (312) 655-4400

**MAIL ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282-2198

## Series and Classes Contracts Data

### Goldman Sachs Corporate Bond ETF (Series ID: S000092494)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000260525 | Goldman Sachs Corporate Bond ETF | GIGL            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Goldman Sachs ETF Trust

- **b. Investment Company Act file number:** 811-23013

- **c. CIK number of Registrant:** 0001479026

- **d. LEI of Registrant:** 549300VEZF7K2ES5WL82

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

  - **Street Address 1:** 200 West Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10282

  - **Telephone number:** 312-655-4400

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

- **a. Name of Series:** Goldman Sachs Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000092494

- **c. LEI of Series:** 984500077864807KE333

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $54674859.18

**Total Liabilities:** $567497.45

**Net Assets:** $54107361.73

**Delayed Delivery Securities:** $105914.68

**Cash Not Reported:** $579317.75

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 26.81000000 | **1-Year:** 2499.50000000 | **5-Year:** 16429.61000000 | **10-Year:** 12675.00000000 | **30-Year:** 3143.08000000

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

- **3-Month:** 0.00000000 | **1-Year:** 31.62000000 | **5-Year:** 502.04000000 | **10-Year:** 339.14000000 | **30-Year:** 44.35000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000260525 | -0.31%               | 0.26%                | 1.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $874.53                  | $-126062.33                                |
| Month 2  | $-410.54                 | $-53791.66                                 |
| Month 3  | $-2641.95                | $297699.92                                 |

**Designated Index Information**

- **Index Name:** Bloomberg US Credit Bond (Total Return, Unhedged, USD)

- **Index Identifier:** LMUSAGGAF3

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHICAGO BOARD OF TRADE                                     | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH                                                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        48 | NC      | $58393.68     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                         | ET 5.15 03/15/45                                                                                                                         | CUSIP: 29273RBF5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    141000 | PA      | $127760.66    | 0.24%             | 2045-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Sabine Pass Liquefaction, LLC                              | SPLLLC 5 03/15/27                                                                                                                        | CUSIP: 785592AS5<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    645000 | PA      | $648002.74    | 1.20%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Company                          | BRKHEC 2.85 05/15/51                                                                                                                     | CUSIP: 084659BC4<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    201000 | PA      | $126509.71    | 0.23%             | 2051-05-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc.                                     | BATSLN 5.7 08/15/35                                                                                                                      | CUSIP: 761713BA3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    123000 | PA      | $129728.11    | 0.24%             | 2035-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Builders Firstsource, Inc.                                 | BLDR 6.75 05/15/35 144A                                                                                                                  | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     36000 | PA      | $37595.11     | 0.07%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AECOM                                                      | ACM 6 08/01/33 144A                                                                                                                      | CUSIP: 00766TAE0<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8170.86      | 0.02%             | 2033-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                   | T 4.75 05/15/46                                                                                                                          | CUSIP: 00206RCQ3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    225000 | PA      | $197535.96    | 0.37%             | 2046-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Paychex Inc                                                | PAYX 5.1 04/15/30                                                                                                                        | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    157000 | PA      | $160339.63    | 0.30%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                           | KMI 6.55 09/15/40                                                                                                                        | CUSIP: 494550BF2<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    255000 | PA      | $283407.57    | 0.52%             | 2040-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| The J M Smucker Company                                    | SJM 6.2 11/15/33                                                                                                                         | CUSIP: 832696AX6<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    227000 | PA      | $248789.18    | 0.46%             | 2033-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| News Corporation                                           | NWSA 3.875 05/15/29 144A                                                                                                                 | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |    342000 | PA      | $333488.98    | 0.62%             | 2029-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Company                                  | CMC 6 12/15/35 144A                                                                                                                      | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15354.81     | 0.03%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                 | BATSLN 4.625 03/22/33                                                                                                                    | CUSIP: 054989AF5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    369000 | PA      | $370363.82    | 0.68%             | 2033-03-22      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                 | BATSLN 5.625 08/15/35                                                                                                                    | CUSIP: 05526DCC7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26356.23     | 0.05%             | 2035-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                             | MS V5.449 07/20/29                                                                                                                       | CUSIP: 61747YFF7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    492000 | PA      | $507324.32    | 0.94%             | 2029-07-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Poland (Republic of)                                       | POLAND 5.5 03/18/54 30Y                                                                                                                  | CUSIP: 731011AZ5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    165000 | PA      | $161708.75    | 0.30%             | 2054-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 2.7 08/20/27                                                                                                                          | CUSIP: 37045XDA1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49089.13     | 0.09%             | 2027-08-20      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                      | AL 3.625 04/01/27                                                                                                                        | CUSIP: 00912XAV6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    582000 | PA      | $579545.84    | 1.07%             | 2027-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                        | FITB V6.339 07/27/29                                                                                                                     | CUSIP: 316773DK3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     49000 | PA      | $51525.46     | 0.10%             | 2029-07-27      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Crown Americas LLC                                         | CCK 5.875 06/01/33 144A                                                                                                                  | CUSIP: 228180AC9<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24660.86     | 0.05%             | 2033-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                            | TDG 6.125 07/31/34 144A                                                                                                                  | CUSIP: 893647CB1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15236.77     | 0.03%             | 2034-07-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                 | BA 5.875 02/15/40                                                                                                                        | CUSIP: 097023BA2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    423000 | PA      | $443927.11    | 0.82%             | 2040-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                         | MO 4.8 02/14/29                                                                                                                          | CUSIP: 02209SBD4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     51000 | PA      | $52114.01     | 0.10%             | 2029-02-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Composecure Holdings LLC                                   | COMPOS 5.625 02/01/33 144A                                                                                                               | CUSIP: 20459XAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $59697.56     | 0.11%             | 2033-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                        | AXON 6.25 03/15/33 144A                                                                                                                  | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     28000 | PA      | $29045.89     | 0.05%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NetApp Inc.                                                | NTAP 5.5 03/17/32                                                                                                                        | CUSIP: 64110DAM6<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     36000 | PA      | $37520.65     | 0.07%             | 2032-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Paychex Inc                                                | PAYX 5.35 04/15/32                                                                                                                       | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    161000 | PA      | $165080.43    | 0.31%             | 2032-04-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                         | RPRX 5.4 09/02/34                                                                                                                        | CUSIP: 78081BAR4<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    241000 | PA      | $249176.85    | 0.46%             | 2034-09-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                            | CVS 4.78 03/25/38                                                                                                                        | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    313000 | PA      | $298697.15    | 0.55%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                | COF 3.75 03/09/27                                                                                                                        | CUSIP: 14040HBN4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99825.45     | 0.18%             | 2027-03-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                               | MAR 5.5 04/15/37                                                                                                                         | CUSIP: 571903BU6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77463.80     | 0.14%             | 2037-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Roblox Corporation                                         | RBLX 3.875 05/01/30 144A                                                                                                                 | CUSIP: 771049AA1<br>LEI: 529900ANZDBDFU91SO19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95221.45     | 0.18%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                              | ENBCN 5.7 03/08/33                                                                                                                       | CUSIP: 29250NBR5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    169000 | PA      | $179587.17    | 0.33%             | 2033-03-08      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO LP                                 | PENSKE 5.25 07/01/29 144A                                                                                                                | CUSIP: 709599CA0<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    371000 | PA      | $382999.86    | 0.71%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                | COF 4.1 02/09/27                                                                                                                         | CUSIP: 254709AM0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    420000 | PA      | $420518.60    | 0.78%             | 2027-02-09      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                   | WCC 5.5 04/15/34 144A                                                                                                                    | CUSIP: 95081QAU8<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35265.86     | 0.07%             | 2034-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Electronic Arts Inc.                                       | EA 2.95 02/15/51                                                                                                                         | CUSIP: 285512AF6<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |    290000 | PA      | $250607.31    | 0.46%             | 2051-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                     | TFC V5.435 01/24/30 MTN                                                                                                                  | CUSIP: 89788MAR3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    201000 | PA      | $208486.77    | 0.39%             | 2030-01-24      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| SPECTRUM MANAGEMENT HOLDING COMPANY LLC                    | CHTR 5.875 11/15/40                                                                                                                      | CUSIP: 88732JAY4<br>LEI: B1WXCWLJVJXMWJX6O298 | Long             | DBT              | CORP              | US        |     38000 | PA      | $35678.17     | 0.07%             | 2040-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 5.25 02/03/32                                                                                                                       | CUSIP: 68389XCZ6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     97000 | PA      | $97354.21     | 0.18%             | 2032-02-03      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Highwoods Realty Limited Partnership                       | HIW 5.35 01/15/33                                                                                                                        | CUSIP: 431282AV4<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |    192000 | PA      | $192767.31    | 0.36%             | 2033-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Phillips Edison Grocery Center Operating Partnership I L P | PECO 4.75 03/15/33                                                                                                                       | CUSIP: 71845JAE8<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35044.31     | 0.06%             | 2033-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                             | BCRED 5.05 09/10/30                                                                                                                      | CUSIP: 09261HBY2<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62151.32     | 0.11%             | 2030-09-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                       | JPM V4.586 04/26/33                                                                                                                      | CUSIP: 46647PDC7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    107000 | PA      | $107968.67    | 0.20%             | 2033-04-26      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                           | DUK 4.8 12/15/45                                                                                                                         | CUSIP: 26441CAP0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    126000 | PA      | $112115.11    | 0.21%             | 2045-12-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Insulet Corporation                                        | PODD 6.5 04/01/33 144A                                                                                                                   | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |     38000 | PA      | $39487.67     | 0.07%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio Lp                                         | ESS 3 01/15/30                                                                                                                           | CUSIP: 29717PAU1<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |    394000 | PA      | $377456.72    | 0.70%             | 2030-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                             | C V5.411 09/19/39                                                                                                                        | CUSIP: 17327CAU7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    320000 | PA      | $321829.64    | 0.59%             | 2039-09-19      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                               | AVGO 5.2 07/15/35                                                                                                                        | CUSIP: 11135FCM1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    362000 | PA      | $374138.81    | 0.69%             | 2035-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 5.75 02/08/31                                                                                                                         | CUSIP: 37045XER3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    231000 | PA      | $243953.28    | 0.45%             | 2031-02-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                        | KIM 3.8 04/01/27                                                                                                                         | CUSIP: 49446RAS8<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |    459000 | PA      | $459055.28    | 0.85%             | 2027-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                  | STX 5.875 07/15/30 144A                                                                                                                  | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     28000 | PA      | $28782.15     | 0.05%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                         | META 4.875 11/15/35                                                                                                                      | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50462.07     | 0.09%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                   | VST 4.3 07/15/29 144A                                                                                                                    | CUSIP: 92840VAE2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    235000 | PA      | $235109.02    | 0.43%             | 2029-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                    | HYNMTR 5.6 03/30/28 144A                                                                                                                 | CUSIP: 44891ACD7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    487000 | PA      | $501379.33    | 0.93%             | 2028-03-30      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Acushnet Co                                                | GOLF 5.625 12/01/33 144A                                                                                                                 | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10197.46     | 0.02%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                 | BA 5.705 05/01/40                                                                                                                        | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    102000 | PA      | $106147.74    | 0.20%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                               | T 4.625 02/15/46                                                                                                                         | CUSIP: 912810UT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     60000 | PA      | $60421.88     | 0.11%             | 2046-02-15      | Fixed         | 4.62%                 | No            |                  1 | On Loan: No      |
| Cousins Properties LP                                      | CUZ 5.25 07/15/30                                                                                                                        | CUSIP: 222793AC5<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |    166000 | PA      | $171595.86    | 0.32%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                     | TFC V5.711 01/24/35 MTN                                                                                                                  | CUSIP: 89788MAS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    501000 | PA      | $530451.88    | 0.98%             | 2035-01-24      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                         | META 4.6 11/15/32                                                                                                                        | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76252.59     | 0.14%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| The Kroger Co.                                             | KR 5 09/15/34                                                                                                                            | CUSIP: 501044DV0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    265000 | PA      | $269261.78    | 0.50%             | 2034-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                             | C V6.27 11/17/33                                                                                                                         | CUSIP: 172967PA3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    633000 | PA      | $694374.53    | 1.28%             | 2033-11-17      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                      | BAC V2.482 09/21/36                                                                                                                      | CUSIP: 06051GKC2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    593000 | PA      | $523886.85    | 0.97%             | 2036-09-21      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                          | CCI 3.65 09/01/27                                                                                                                        | CUSIP: 22822VAH4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    234000 | PA      | $232941.09    | 0.43%             | 2027-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                               | AVGO 3.137 11/15/35 144A                                                                                                                 | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174713.63    | 0.32%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Applovin Corp.                                             | APP 5.5 12/01/34                                                                                                                         | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    249000 | PA      | $253762.19    | 0.47%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                               | SNPS 5.15 04/01/35                                                                                                                       | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    164000 | PA      | $167472.55    | 0.31%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 5.5 08/03/35                                                                                                                        | CUSIP: 68389XDA0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74099.36     | 0.14%             | 2035-08-03      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                             | DTE 4.875 06/01/28                                                                                                                       | CUSIP: 233331BJ5<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    308000 | PA      | $313946.75    | 0.58%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                             | BRITEL 9.625 12/15/30                                                                                                                    | CUSIP: 111021AE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    351000 | PA      | $429320.65    | 0.79%             | 2030-12-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                             | MS V5.948 01/19/38                                                                                                                       | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52744.43     | 0.10%             | 2038-01-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                       | JPM V3.882 07/24/38                                                                                                                      | CUSIP: 46647PAJ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    406000 | PA      | $367772.96    | 0.68%             | 2038-07-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Chord Energy Corp.                                         | CHRD 6 10/01/30 144A                                                                                                                     | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |     56000 | PA      | $57244.90     | 0.11%             | 2030-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc.                          | HLT 5.5 03/31/34 144A                                                                                                                    | CUSIP: 432833AT8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30327.35     | 0.06%             | 2034-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DBR Land Holdings LLC                                      | LB 6.25 12/01/30 144A                                                                                                                    | CUSIP: 24024BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $72115.04     | 0.13%             | 2030-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Apollo Debt Solutions BDC                                  | APODS 6.55 03/15/32                                                                                                                      | CUSIP: 03770DAF0<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    132000 | PA      | $134913.93    | 0.25%             | 2032-03-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                 | BA 3.25 02/01/35                                                                                                                         | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    687000 | PA      | $611816.88    | 1.13%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Uber Technologies Inc                                      | UBER 4.8 09/15/34                                                                                                                        | CUSIP: 90353TAP5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    519000 | PA      | $520392.37    | 0.96%             | 2034-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Mars Inc.                                                  | MARS 5 03/01/32 144A                                                                                                                     | CUSIP: 571676AZ8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    310000 | PA      | $320742.65    | 0.59%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CACI International Inc.                                    | CACI 6.375 06/15/33 MAR                                                                                                                  | CUSIP: 127190AG1<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25757.91     | 0.05%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                            | CVS 5.45 09/15/35                                                                                                                        | CUSIP: 126650EK2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    508000 | PA      | $523766.59    | 0.97%             | 2035-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                               | RCL 5.25 02/27/38                                                                                                                        | CUSIP: 78017TAD5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     75000 | PA      | $75114.92     | 0.14%             | 2038-02-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CACI International Inc.                                    | CACI 6.375 06/15/33 144A                                                                                                                 | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44349.42     | 0.08%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                               | T 4.75 08/15/55                                                                                                                          | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20000 | PA      | $20368.75     | 0.04%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                       | JPM V4.81 10/22/36                                                                                                                       | CUSIP: 46647PFE1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    514000 | PA      | $512509.45    | 0.95%             | 2036-10-22      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                              | STWD 5.75 01/15/31 144A                                                                                                                  | CUSIP: 85571BBG9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55632.03     | 0.10%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AutoNation, Inc.                                           | AN 5.89 03/15/35                                                                                                                         | CUSIP: 05329WAT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    231000 | PA      | $240960.56    | 0.45%             | 2035-03-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                             | MEX 5.625 09/22/35                                                                                                                       | CUSIP: 91087BBL3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $200011.99    | 0.37%             | 2035-09-22      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                 | OXY 5.375 01/01/32                                                                                                                       | CUSIP: 674599EK7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    278000 | PA      | $289402.26    | 0.53%             | 2032-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 5.45 09/06/34                                                                                                                         | CUSIP: 37045XFA9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71870.48     | 0.13%             | 2034-09-06      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                      | BAC V4.571 04/27/33                                                                                                                      | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1286000 | PA      | $1291886.32   | 2.39%             | 2033-04-27      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                             | MEX 4.75 03/08/44 MTN                                                                                                                    | CUSIP: 91086QBB3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    262000 | PA      | $218809.92    | 0.40%             | 2044-03-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Intel Corporation                                          | INTC 2 08/12/31                                                                                                                          | CUSIP: 458140BU3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    176000 | PA      | $155921.32    | 0.29%             | 2031-08-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                  | SUN 5.875 03/15/34 144A                                                                                                                  | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10066.14     | 0.02%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                   | VST 5.25 10/15/35 144A                                                                                                                   | CUSIP: 92840VAW2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120387.60    | 0.22%             | 2035-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                           | PCG 6.95 03/15/34                                                                                                                        | CUSIP: 694308KP1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     98000 | PA      | $110249.46    | 0.20%             | 2034-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Constellation Brands, Inc.                                 | STZ 3.15 08/01/29                                                                                                                        | CUSIP: 21036PBE7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     97000 | PA      | $94294.39     | 0.17%             | 2029-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                         | TMUS 5.05 07/15/33                                                                                                                       | CUSIP: 87264ACY9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    211000 | PA      | $217572.65    | 0.40%             | 2033-07-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                 | OKE 5.55 11/01/26                                                                                                                        | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25220.34     | 0.05%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| MSCI Inc.                                                  | MSCI 3.625 11/01/31 144A                                                                                                                 | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     93000 | PA      | $87417.41     | 0.16%             | 2031-11-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Incorporated                         | HBAN V6.141 11/18/39                                                                                                                     | CUSIP: 446150BF0<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    176000 | PA      | $185014.10    | 0.34%             | 2039-11-18      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| SUNOCO LOGISTICS PARTNERS OPERATIONS LP                    | ET 3.9 07/15/26                                                                                                                          | CUSIP: 86765BAT6<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49950.61     | 0.09%             | 2026-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GE Aerospace                                               | GE 5.875 01/14/38 MTN                                                                                                                    | CUSIP: 36962G3P7<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    309000 | PA      | $339520.52    | 0.63%             | 2038-01-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                | COF V5.197 09/11/36                                                                                                                      | CUSIP: 14040HDN2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    144000 | PA      | $143652.43    | 0.27%             | 2036-09-11      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                    | MPLX 5.5 02/15/49                                                                                                                        | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    274000 | PA      | $256981.16    | 0.47%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc.                                       | DAL 5.25 07/10/30                                                                                                                        | CUSIP: 247361A32<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    119000 | PA      | $122709.45    | 0.23%             | 2030-07-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                     | QNTELE 5.75 08/15/32 144A                                                                                                                | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20463.51     | 0.04%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| B.A.T. International Finance PLC                           | BATSLN 5.931 02/02/29                                                                                                                    | CUSIP: 05530QAQ3<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |    160000 | PA      | $168389.06    | 0.31%             | 2029-02-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                     | TFC V4.964 10/23/36 MTN                                                                                                                  | CUSIP: 89788MAV4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    153000 | PA      | $152543.65    | 0.28%             | 2036-10-23      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                     | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH                                                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -3 | NC      | $-2491.91     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Aviation Capital Group LLC                                 | ACGCAP 5.375 07/15/29 144A                                                                                                               | CUSIP: 05369AAQ4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    310000 | PA      | $319843.03    | 0.59%             | 2029-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corporation                                   | H 5.5 06/30/34                                                                                                                           | CUSIP: 448579AS1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    247000 | PA      | $257473.97    | 0.48%             | 2034-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                               | RCL 5.375 01/15/36                                                                                                                       | CUSIP: 78017TAB9<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    233000 | PA      | $237871.56    | 0.44%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                  | RRX 6.05 04/15/28                                                                                                                        | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |     67000 | PA      | $69474.56     | 0.13%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                   | HCA 3.5 09/01/30                                                                                                                         | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1092000 | PA      | $1057817.66   | 1.96%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Emera US Finance LP                                        | EMACN 3.55 06/15/26                                                                                                                      | CUSIP: 29103DAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49885.62     | 0.09%             | 2026-06-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 6.55 02/04/46                                                                                                                       | CUSIP: 68389XEA9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    165000 | PA      | $160989.48    | 0.30%             | 2046-02-04      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| NXP BV                                                     | NXPI 2.65 02/15/32                                                                                                                       | CUSIP: 62954HAJ7<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | NL        |    201000 | PA      | $181386.46    | 0.34%             | 2032-02-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                         | TMUS 3.5 04/15/31                                                                                                                        | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24136.45     | 0.04%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                          | CCI 4 03/01/27                                                                                                                           | CUSIP: 22822VAE1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    539000 | PA      | $538836.28    | 1.00%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                       | JPM V5.576 07/23/36                                                                                                                      | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     95000 | PA      | $98736.23     | 0.18%             | 2036-07-23      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Cinemark USA Inc.                                          | CNK 7 08/01/32 144A                                                                                                                      | CUSIP: 172441BH9<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     63000 | PA      | $65599.44     | 0.12%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Expedia Group Inc                                          | EXPE 5.4 02/15/35                                                                                                                        | CUSIP: 30212PBL8<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |    317000 | PA      | $320005.46    | 0.59%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Block Inc                                                  | XYZ 6 08/15/33 144A                                                                                                                      | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55864.81     | 0.10%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc.                                       | DAL 4.95 07/10/28                                                                                                                        | CUSIP: 247361A24<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    115000 | PA      | $116895.95    | 0.22%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                               | SNPS 5 04/01/32                                                                                                                          | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     68000 | PA      | $70105.68     | 0.13%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                  | RRX 6.3 02/15/30 *                                                                                                                       | CUSIP: 758750AN3<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    490000 | PA      | $523425.72    | 0.97%             | 2030-02-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                             | C V3.057 01/25/33                                                                                                                        | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    135000 | PA      | $124877.13    | 0.23%             | 2033-01-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                             | C V2.976 11/05/30                                                                                                                        | CUSIP: 17308CC53<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    394000 | PA      | $377567.73    | 0.70%             | 2030-11-05      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| SV RNO Property Owner 1 LLC                                | TRACTC 5.875 03/01/31 144A                                                                                                               | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50216.03     | 0.09%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                   | HCA 5.625 09/01/28                                                                                                                       | CUSIP: 404121AJ4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77341.84     | 0.14%             | 2028-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                         | STT V6.45 PERP                                                                                                                           | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     80000 | PA      | $83674.25     | 0.15%             | N/A             | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Cardinal Health, Inc.                                      | CAH 5.35 11/15/34                                                                                                                        | CUSIP: 14149YBS6<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    265000 | PA      | $275412.80    | 0.51%             | 2034-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                    | KGS 6.5 10/01/33 144A                                                                                                                    | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5157.01      | 0.01%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Constellation Brands, Inc.                                 | STZ 4.8 05/01/30                                                                                                                         | CUSIP: 21036PBS6<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    221000 | PA      | $226547.83    | 0.42%             | 2030-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                    | UNH 5.625 07/15/54                                                                                                                       | CUSIP: 91324PFL1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137877.10    | 0.25%             | 2054-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                              | OC 5.95 06/15/54                                                                                                                         | CUSIP: 690742AQ4<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     84000 | PA      | $86848.35     | 0.16%             | 2054-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                              | STWD 5.25 10/15/28 144A                                                                                                                  | CUSIP: 85571BBF1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     73000 | PA      | $73248.89     | 0.14%             | 2028-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                 | BATSLN 4.7 04/02/27                                                                                                                      | CUSIP: 05526DBP9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95639.68     | 0.18%             | 2027-04-02      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                               | AVGO 4.95 01/15/36                                                                                                                       | CUSIP: 11135FDB4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91076.71     | 0.17%             | 2036-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                        | CHILE 3.1 05/07/41                                                                                                                       | CUSIP: 168863DS4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    220000 | PA      | $173713.79    | 0.32%             | 2041-05-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                      | JANEST 6.75 05/01/33 144A                                                                                                                | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10259.67     | 0.02%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                        | GPN 5.55 11/15/35                                                                                                                        | CUSIP: 37940XAY8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    163000 | PA      | $162111.58    | 0.30%             | 2035-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                    | HYNMTR 4.5 09/18/30 144A                                                                                                                 | CUSIP: 44891AEA1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    195000 | PA      | $196564.81    | 0.36%             | 2030-09-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                     | QNTELE 6.25 08/15/33 144A                                                                                                                | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5194.99      | 0.01%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                   | VST 4.7 01/31/31 144A                                                                                                                    | CUSIP: 92840VAY8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75423.80     | 0.14%             | 2031-01-31      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 1.5 06/10/26                                                                                                                          | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    343000 | PA      | $340475.95    | 0.63%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                             | MS V5.652 04/13/28 MTN                                                                                                                   | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     64000 | PA      | $65141.51     | 0.12%             | 2028-04-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Ferguson Enterprises Inc                                   | FERG 4.35 03/15/31                                                                                                                       | CUSIP: 31488VAB3<br>LEI: 2138003JYQMRP3SLX189 | Long             | DBT              | CORP              | US        |    105000 | PA      | $105290.15    | 0.19%             | 2031-03-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc.                       | SUMIBK 3.01 10/19/26                                                                                                                     | CUSIP: 86562MAK6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    125000 | PA      | $124335.73    | 0.23%             | 2026-10-19      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                | COF V5.247 07/26/30                                                                                                                      | CUSIP: 14040HCV5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     98000 | PA      | $101169.36    | 0.19%             | 2030-07-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                 | BATSLN 5.834 02/20/31                                                                                                                    | CUSIP: 05526DBY0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    128000 | PA      | $136833.84    | 0.25%             | 2031-02-20      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                               | TMO 4.902 02/12/36                                                                                                                       | CUSIP: 883556DJ8<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30501.52     | 0.06%             | 2036-02-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Carlisle Companies Inc.                                    | CSL 5.55 09/15/40                                                                                                                        | CUSIP: 142339AM2<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30946.01     | 0.06%             | 2040-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Mars Inc.                                                  | MARS 5.7 05/01/55 144A                                                                                                                   | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    319000 | PA      | $323460.23    | 0.60%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                               | T 4.75 02/15/45                                                                                                                          | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     10000 | PA      | $10251.56     | 0.02%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  1 | On Loan: No      |
| Solventum Corp.                                            | SOLV 5.4 03/01/29                                                                                                                        | CUSIP: 83444MAP6<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    112000 | PA      | $116177.59    | 0.21%             | 2029-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Revvity Inc                                                | RVTY 3.3 09/15/29                                                                                                                        | CUSIP: 714046AG4<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |    303000 | PA      | $293805.03    | 0.54%             | 2029-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 4 11/15/47                                                                                                                          | CUSIP: 68389XBQ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    584000 | PA      | $402293.85    | 0.74%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                 | ACGCAP 4.875 01/28/33 144A                                                                                                               | CUSIP: 05369AAU5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59782.21     | 0.11%             | 2033-01-28      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                    | KGS 6.75 10/01/35 144A                                                                                                                   | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20889.15     | 0.04%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| The Cigna Group                                            | CI 4.9 12/15/48                                                                                                                          | CUSIP: 125523AK6<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    141000 | PA      | $126680.70    | 0.23%             | 2048-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corporation                                       | MTB V5.125 PERP F                                                                                                                        | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39958.35     | 0.07%             | N/A             | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                | COF V5.884 07/26/35                                                                                                                      | CUSIP: 14040HDH5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     95000 | PA      | $100071.14    | 0.18%             | 2035-07-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 4.7 09/27/34                                                                                                                        | CUSIP: 68389XCT0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23485.75     | 0.04%             | 2034-09-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts, L.P.                                | HST 5.7 06/15/32                                                                                                                         | CUSIP: 44107TBD7<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |    178000 | PA      | $187487.72    | 0.35%             | 2032-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CBRE Services Inc                                          | CBG 5.5 04/01/29                                                                                                                         | CUSIP: 12505BAH3<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    193000 | PA      | $200442.10    | 0.37%             | 2029-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                            | TDG 6.375 05/31/33 144A                                                                                                                  | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     42000 | PA      | $42897.63     | 0.08%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Company                                  | CMC 5.75 11/15/33 144A                                                                                                                   | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101915.10    | 0.19%             | 2033-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Block Inc                                                  | XYZ 6.5 05/15/32                                                                                                                         | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12343.81     | 0.02%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Viking Cruises, Ltd.                                       | VIKCRU 5.875 10/15/33 144A                                                                                                               | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     15000 | PA      | $15303.17     | 0.03%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Laboratory Corporation of America Holdings                 | LH 4.55 04/01/32                                                                                                                         | CUSIP: 50540RBA9<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    181000 | PA      | $182398.09    | 0.34%             | 2032-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| QXO INC                                                    | BECN 6.75 04/30/32 144A                                                                                                                  | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     71000 | PA      | $73582.68     | 0.14%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                      | ROMANI 5.75 07/04/36 144A                                                                                                                | CUSIP: 775921AA7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     30000 | PA      | $29929.33     | 0.06%             | 2036-07-04      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Solstice Advanced Materials Inc.                           | SOLADV 5.625 09/30/33 144A                                                                                                               | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20228.29     | 0.04%             | 2033-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                 | BATSLN 3.215 09/06/26                                                                                                                    | CUSIP: 05526DBJ3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74705.24     | 0.14%             | 2026-09-06      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Cardinal Health, Inc.                                      | CAH 5 11/15/29                                                                                                                           | CUSIP: 14149YBR8<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51521.62     | 0.10%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II LLC                                | MTCHII 6.125 09/15/33 144A                                                                                                               | CUSIP: 57667JAC6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     67000 | PA      | $66855.60     | 0.12%             | 2033-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Elevance Health Inc.                                       | ELV 4.6 09/15/32                                                                                                                         | CUSIP: 036752BJ1<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126080.08    | 0.23%             | 2032-09-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 3.85 01/05/28                                                                                                                         | CUSIP: 37045XCG9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    471000 | PA      | $469553.84    | 0.87%             | 2028-01-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | Oracle Corp. DEPOSITARY SHARES EACH REPRESENTING A 1/2,000TH INTEREST IN A SHARE OF 6.50% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK | CUSIP: 68389X204<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EP               | CORP              | US        |       394 | NS      | $18120.06     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Vertiv Holdings Co                                         | VRT 4.85 03/15/36                                                                                                                        | CUSIP: 92537NAA6<br>LEI: 549300KTTIRAOGXCRV69 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64746.69     | 0.12%             | 2036-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Essential Properties LP                                    | EPRT 5.4 12/01/35                                                                                                                        | CUSIP: 29670VAB5<br>LEI: 254900XX9FNFCDE1NX02 | Long             | DBT              | CORP              | US        |     96000 | PA      | $97679.25     | 0.18%             | 2035-12-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners Llc                       | HOWARD 6.625 01/15/34 144A                                                                                                               | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $20700.17     | 0.04%             | 2034-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Advanced Drainage System Inc                               | WMS 5.375 03/01/34 144A                                                                                                                  | CUSIP: 00790RAC8<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15116.54     | 0.03%             | 2034-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                             | C V6.625 PERP                                                                                                                            | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92330.13     | 0.17%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Intel Corporation                                          | INTC 5.7 02/10/53                                                                                                                        | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     84000 | PA      | $79686.01     | 0.15%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 5.7 02/04/36                                                                                                                        | CUSIP: 68389XDZ5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    115000 | PA      | $115037.97    | 0.21%             | 2036-02-04      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Cardinal Health, Inc.                                      | CAH 4.5 09/15/30                                                                                                                         | CUSIP: 14149YBU1<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     89000 | PA      | $90237.08     | 0.17%             | 2030-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd                          | MCAIRH 5.2 03/27/28 144A                                                                                                                 | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    238000 | PA      | $241978.61    | 0.45%             | 2028-03-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Hungary (Republic Of)                                      | REPHUN 6 09/26/35 144A                                                                                                                   | CUSIP: 445545AW6<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    200000 | PA      | $210707.63    | 0.39%             | 2035-09-26      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty L.P.                                         | KRC 6.25 01/15/36                                                                                                                        | CUSIP: 49427RAS1<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    206000 | PA      | $210096.12    | 0.39%             | 2036-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                        | FITB V5.141 01/29/37                                                                                                                     | CUSIP: 316773DP2<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45086.17     | 0.08%             | 2037-01-29      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc.                                        | ALLY V5.737 05/15/29                                                                                                                     | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    180000 | PA      | $184855.60    | 0.34%             | 2029-05-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                 | OXY 5.55 10/01/34                                                                                                                        | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     92000 | PA      | $95958.39     | 0.18%             | 2034-10-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                | COF V6.183 01/30/36                                                                                                                      | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    202000 | PA      | $210087.00    | 0.39%             | 2036-01-30      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Snap Inc                                                   | SNAP 6.875 03/15/34 144A                                                                                                                 | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25951.26     | 0.05%             | 2034-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                 | RCICN 3.8 03/15/32                                                                                                                       | CUSIP: 775109CH2<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |     37000 | PA      | $35340.97     | 0.07%             | 2032-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                               | MAR 3.5 10/15/32 GG                                                                                                                      | CUSIP: 571903BF9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     64000 | PA      | $60372.46     | 0.11%             | 2032-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation          | RHP 5.75 03/15/34 144A                                                                                                                   | CUSIP: 74984CAA6<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20132.46     | 0.04%             | 2034-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bacardi Ltd.                                               | BACARD 4.7 05/15/28 144A                                                                                                                 | CUSIP: 067316AF6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    442000 | PA      | $445841.83    | 0.82%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MSCI Inc.                                                  | MSCI 3.25 08/15/33 144A                                                                                                                  | CUSIP: 55354GAQ3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    441000 | PA      | $392760.89    | 0.73%             | 2033-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corporation                                       | MTB V5.4 07/30/35                                                                                                                        | CUSIP: 55261FAZ7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65959.45     | 0.12%             | 2035-07-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                         | MO 5.25 08/06/35                                                                                                                         | CUSIP: 02209SBV4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61471.19     | 0.11%             | 2035-08-06      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                      | AAL 5.65 11/11/34 B                                                                                                                      | CUSIP: 02377PAA3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $127125.31    | 0.23%             | 2034-11-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                 | BA 2.7 02/01/27                                                                                                                          | CUSIP: 097023CM5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    130000 | PA      | $128594.38    | 0.24%             | 2027-02-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                               | CFG V5.841 01/23/30                                                                                                                      | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    391000 | PA      | $408731.78    | 0.76%             | 2030-01-23      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                    | UNH 3.05 05/15/41                                                                                                                        | CUSIP: 91324PEE8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    187000 | PA      | $143641.85    | 0.27%             | 2041-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                          | BK V3.7 PERP H                                                                                                                           | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19982.49     | 0.04%             | N/A             | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                   | WCC 5.25 04/15/31 144A                                                                                                                   | CUSIP: 95081QAT1<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25079.57     | 0.05%             | 2031-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                   | HCA 5.25 06/15/26                                                                                                                        | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350346.97    | 0.65%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                             | MEX 6.05 01/11/40                                                                                                                        | CUSIP: 91086QAV0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $201411.56    | 0.37%             | 2040-01-11      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Keysight Technologies, Inc.                                | KEYS 5.35 07/30/30                                                                                                                       | CUSIP: 49338LAH6<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |     63000 | PA      | $66002.26     | 0.12%             | 2030-07-30      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Peru (Republic Of)                                         | PERU 5.5 03/30/36                                                                                                                        | CUSIP: 715638FC1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    268000 | PA      | $277081.44    | 0.51%             | 2036-03-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                      | BAC V2.972 02/04/33 MTN                                                                                                                  | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    585000 | PA      | $540450.74    | 1.00%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                             | MS V5.466 01/18/35                                                                                                                       | CUSIP: 61747YFL4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    827000 | PA      | $864211.38    | 1.60%             | 2035-01-18      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                               | T 5 05/15/45                                                                                                                             | CUSIP: 912810UL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     10000 | PA      | $10571.88     | 0.02%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  1 | On Loan: No      |
| Performance Food Group Inc                                 | PFGC 5.625 03/01/34 144A                                                                                                                 | CUSIP: 71376LAH3<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65231.99     | 0.12%             | 2034-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Vale Overseas Limited                                      | VALEBZ 6.4 06/28/54                                                                                                                      | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    130000 | PA      | $136266.46    | 0.25%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                           | PCG 2.95 03/01/26                                                                                                                        | CUSIP: 694308HP5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50000.00     | 0.09%             | 2026-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                     | U.S. Treasury Bond Futures, Jun-2026,ETH                                                                                                 | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        20 | NC      | $20276.74     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis North America Inc.                                  | WTW 2.95 09/15/29                                                                                                                        | CUSIP: 970648AJ0<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    277000 | PA      | $265004.55    | 0.49%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corporation                              | RF V5.722 06/06/30                                                                                                                       | CUSIP: 7591EPAU4<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    397000 | PA      | $415806.01    | 0.77%             | 2030-06-06      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 5.45 07/15/30                                                                                                                         | CUSIP: 37045XFJ0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    355000 | PA      | $370927.18    | 0.69%             | 2030-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                           | PCG 5 06/04/28                                                                                                                           | CUSIP: 694308KW6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    154000 | PA      | $156829.90    | 0.29%             | 2028-06-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Choice Hotels International, Inc.                          | CHH 3.7 01/15/31                                                                                                                         | CUSIP: 169905AG1<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |    261000 | PA      | $251454.10    | 0.46%             | 2031-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Darling Ingredients, Inc                                   | DAR 6 06/15/30 144A                                                                                                                      | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |     92000 | PA      | $93225.37     | 0.17%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hexcel Corporation                                         | HXL 5.875 02/26/35                                                                                                                       | CUSIP: 428291AP3<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |     97000 | PA      | $103325.87    | 0.19%             | 2035-02-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JDE Peets N.V                                              | JDEPNA 2.25 09/24/31 144A                                                                                                                | CUSIP: 47216QAC7<br>LEI: 724500EHG519SE5ZRT89 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $132697.69    | 0.25%             | 2031-09-24      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Applovin Corp.                                             | APP 5.375 12/01/31                                                                                                                       | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    486000 | PA      | $500553.98    | 0.93%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                      | AAL 4.9 05/11/38                                                                                                                         | CUSIP: 02377NAA8<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | ABS-O            | CORP              | US        |    212000 | PA      | $212994.79    | 0.39%             | 2038-05-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                     | 10-Year T-Note Futures, Jun-2026,ETH                                                                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -41 | NC      | $-22092.81    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                        | NEE 1.9 06/15/28                                                                                                                         | CUSIP: 65339KBW9<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    288000 | PA      | $275679.34    | 0.51%             | 2028-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                             | C V6.25 PERP T                                                                                                                           | CUSIP: 172967KM2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60288.66     | 0.11%             | N/A             | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 5.35 07/15/27                                                                                                                         | CUSIP: 37045XEX0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    254000 | PA      | $258334.55    | 0.48%             | 2027-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                   | WCC 6.375 03/15/33 144A                                                                                                                  | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     27000 | PA      | $28170.29     | 0.05%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                     | EXR 4.95 01/15/33                                                                                                                        | CUSIP: 30225VAV9<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    104000 | PA      | $105500.56    | 0.19%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                           | PCG 2.1 08/01/27                                                                                                                         | CUSIP: 694308JF5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    228000 | PA      | $222143.05    | 0.41%             | 2027-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Choice Hotels International, Inc.                          | CHH 5.85 08/01/34                                                                                                                        | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |     61000 | PA      | $63243.18     | 0.12%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 5.85 04/06/30                                                                                                                         | CUSIP: 37045XEG7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    164000 | PA      | $173191.16    | 0.32%             | 2030-04-06      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                         | VEGLPL 6.125 12/15/30 144A                                                                                                               | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20772.59     | 0.04%             | 2030-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 5.35 05/04/33                                                                                                                       | CUSIP: 68389XDY8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110436.53    | 0.20%             | 2033-05-04      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                     | 2-Year T-Note Futures, Jun-2026,ETH                                                                                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         4 | NC      | $1049.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMNEAL PHARMACEUTICALS LLC                                 | AMNPHA 6.875 08/01/32 144A                                                                                                               | CUSIP: 03168LAA3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | DBT              | CORP              | US        |     23000 | PA      | $24233.16     | 0.04%             | 2032-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                               | MAR 2.85 04/15/31 HH                                                                                                                     | CUSIP: 571903BG7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    288000 | PA      | $269559.57    | 0.50%             | 2031-04-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Highwoods Realty Limited Partnership                       | HIW 7.65 02/01/34                                                                                                                        | CUSIP: 431282AU6<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |    115000 | PA      | $131030.62    | 0.24%             | 2034-02-01      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                          | WFC V4.892 09/15/36                                                                                                                      | CUSIP: 95000U4B6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    237000 | PA      | $237151.42    | 0.44%             | 2036-09-15      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                 | OKE 4.55 07/15/28                                                                                                                        | CUSIP: 682680AU7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    394000 | PA      | $398322.74    | 0.74%             | 2028-07-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| COUSINS PROPERTIES INC                                     | CUZ 5.875 10/01/34                                                                                                                       | CUSIP: 222793AA9<br>LEI: 5493007XPYD5EJABN062 | Long             | DBT              | CORP              | US        |    455000 | PA      | $476664.08    | 0.88%             | 2034-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Applovin Corp.                                             | APP 5.125 12/01/29                                                                                                                       | CUSIP: 03831WAB4<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    216000 | PA      | $220600.57    | 0.41%             | 2029-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Group                                      | RCL 6.25 03/15/32 144A                                                                                                                   | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    430000 | PA      | $448405.96    | 0.83%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc.                                                | FISV 5.25 08/11/35                                                                                                                       | CUSIP: 337738BQ0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25001.95     | 0.05%             | 2035-08-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Atkore Inc                                                 | ATKR 4.25 06/01/31 144A                                                                                                                  | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14382.10     | 0.03%             | 2031-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                     | 5-Year T-Note Futures, Jun-2026,ETH                                                                                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         8 | NC      | $3213.45      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corporation                                      | AL 5.85 12/15/27                                                                                                                         | CUSIP: 00914AAT9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     81000 | PA      | $83426.20     | 0.15%             | 2027-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Blackstone Secured Lending Fund                            | BXSL 5.3 06/30/30                                                                                                                        | CUSIP: 09261XAK8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22620.59     | 0.04%             | 2030-06-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                         | VEGLPL 6.5 06/15/34 144A                                                                                                                 | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     70000 | PA      | $73635.95     | 0.14%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Dollar General Corporation                                 | DG 5.45 07/05/33                                                                                                                         | CUSIP: 256677AP0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    212000 | PA      | $222208.29    | 0.41%             | 2033-07-05      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions Inc.                           | BMCAUS 6.25 08/01/33 144A                                                                                                                | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37678.34     | 0.07%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| American International Group Inc.                          | AIG 4.85 05/07/30                                                                                                                        | CUSIP: 026874DW4<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    141000 | PA      | $144759.37    | 0.27%             | 2030-05-07      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corporation                                     | FAIRIC 6 05/15/33 144A                                                                                                                   | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     43000 | PA      | $43461.05     | 0.08%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corporation                                       | MTB V5.385 01/16/36 MTN                                                                                                                  | CUSIP: 55261FAV6<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    347000 | PA      | $355675.43    | 0.66%             | 2036-01-16      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Carpenter Technology Corporation                           | CRS 5.625 03/01/34 144A                                                                                                                  | CUSIP: 144285AN3<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10192.42     | 0.02%             | 2034-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                               | BACR V5.785 02/25/36                                                                                                                     | CUSIP: 06738ECZ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $209451.77    | 0.39%             | 2036-02-25      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                          | CDS CDX.NA.IG.45.V1                                                                                                                      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $397471.78    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Solventum Corp.                                            | SOLV 5.6 03/23/34                                                                                                                        | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    534000 | PA      | $557900.21    | 1.03%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                               | AVGO 4.9 02/15/38                                                                                                                        | CUSIP: 11135FCX7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34817.06     | 0.06%             | 2038-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                       | JPM V5.572 04/22/36                                                                                                                      | CUSIP: 46647PEX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211121.02    | 0.39%             | 2036-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                          | WFC V3.584 05/22/28 MTN                                                                                                                  | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    580000 | PA      | $576978.89    | 1.07%             | 2028-05-22      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Operating Partnership Lp                  | INVH 2.3 11/15/28                                                                                                                        | CUSIP: 46188BAB8<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    375000 | PA      | $356756.52    | 0.66%             | 2028-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Group                                      | RCL 6 02/01/33 144A                                                                                                                      | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     74000 | PA      | $76610.59     | 0.14%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| The Campbells Co.                                          | CPB 4.75 03/23/35                                                                                                                        | CUSIP: 134429BQ1<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    363000 | PA      | $352410.30    | 0.65%             | 2035-03-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                             | MS V2.484 09/16/36                                                                                                                       | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    146000 | PA      | $129187.70    | 0.24%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 5.375 09/27/54                                                                                                                      | CUSIP: 68389XCU7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     66000 | PA      | $53229.83     | 0.10%             | 2054-09-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                               | BACR 4.836 05/09/28                                                                                                                      | CUSIP: 06738EAW5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $503769.11    | 0.93%             | 2028-05-09      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                          | CDS CDX.NA.IG.44.V1                                                                                                                      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $70629.57     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| DTE Electric Co.                                           | DTE 4.25 05/14/27                                                                                                                        | CUSIP: 23338VAW6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70464.50     | 0.13%             | 2027-05-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc.                                        | ALLY V6.992 06/13/29                                                                                                                     | CUSIP: 02005NBT6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    116000 | PA      | $122167.26    | 0.23%             | 2029-06-13      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                 | BA 3.45 11/01/28                                                                                                                         | CUSIP: 097023CA1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    366000 | PA      | $361586.75    | 0.67%             | 2028-11-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                      | ROMANI 3 02/14/31 144A                                                                                                                   | CUSIP: 77586RAH3<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    100000 | PA      | $92057.58     | 0.17%             | 2031-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 6.9 11/09/52                                                                                                                        | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    166000 | PA      | $163945.67    | 0.30%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                       | GLENLN 4 03/27/27 144A                                                                                                                   | CUSIP: 378272AN8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    685000 | PA      | $684944.79    | 1.27%             | 2027-03-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| First Horizon Corporation                                  | FHN V5.514 03/07/31                                                                                                                      | CUSIP: 320517AE5<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | DBT              | CORP              | US        |    194000 | PA      | $200794.76    | 0.37%             | 2031-03-07      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                       | GM 3.1 01/12/32                                                                                                                          | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16637.29     | 0.03%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp.                                          | LAMR 5.375 11/01/33 144A                                                                                                                 | CUSIP: 513075CA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     96000 | PA      | $96199.09     | 0.18%             | 2033-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                                    | KEY V5 PERP D                                                                                                                            | CUSIP: 493267AK4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59876.36     | 0.11%             | N/A             | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC                       | CHTR 3.75 02/15/28                                                                                                                       | CUSIP: 161175BJ2<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    570000 | PA      | $564846.67    | 1.04%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                       | CCL 5.875 06/15/31 144A                                                                                                                  | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     70000 | PA      | $73125.58     | 0.14%             | 2031-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United Airlines Holdings Inc                               | UAL 5.375 03/01/31                                                                                                                       | CUSIP: 910047AL3<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37708.33     | 0.07%             | 2031-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                      | ROMANI 6.625 05/16/36 144A                                                                                                               | CUSIP: 77586RAX8<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     20000 | PA      | $21284.73     | 0.04%             | 2036-05-16      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                               | ORCL 5.2 09/26/35                                                                                                                        | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48321.04     | 0.09%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Uber Technologies Inc                                      | UBER 4.15 01/15/31                                                                                                                       | CUSIP: 90353TAT7<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30880.91     | 0.06%             | 2031-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                    | HYNMTR 4.55 01/08/31 144A                                                                                                                | CUSIP: 44891AEE3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65587.84     | 0.12%             | 2031-01-08      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ESAB Corp.                                                 | ESAB 6.25 04/15/29 144A                                                                                                                  | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |    109000 | PA      | $111883.84    | 0.21%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                   | HCA 5.5 03/01/32                                                                                                                         | CUSIP: 404119DA4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     38000 | PA      | $39860.70     | 0.07%             | 2032-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                      | AL 3.75 06/01/26 GMTN                                                                                                                    | CUSIP: 00914AAB8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74895.58     | 0.14%             | 2026-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Graham Holdings Co                                         | GHC 5.625 12/01/33 144A                                                                                                                  | CUSIP: 384637AC8<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85102.84     | 0.16%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Goldman Sachs ETF Trust

**Signature:** Allison Frachiolla

**Name of Signer:** Allison Frachiolla

**Title:** Vice President Assistant Treasurer