# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-072012
**Filing Date:** 2023-3
**Character Count:** 344571
**Document Hash:** d32fa2b39ea58052ed045ca5ecb348aa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-072012.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-072012

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23774145

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares CMBS ETF (Series ID: S000035914)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000110079 | iShares CMBS ETF | CMBS            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Collaterized Mortgage Obligations** |  |  |
| **Mortgage-Backed Securities — 58.7%** |  |  |
| Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.92%, 12/15/52 (Call 12/15/29) | $1000 | $897512 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 05/15/64 (Call 05/15/31) | 500 | 362822 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.79%, 04/15/65<sup>(a)</sup> | 1500 | 1410918 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.26%, 05/15/61 (Call 05/15/28)<sup>(a)</sup> | 1000 | 978258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017, Class A5, 3.44%, 09/15/60 (Call 09/15/27) | 220 | 207938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BNK4, Class AS, 3.78%, 05/15/50 (Call 04/15/27) | 500 | 464986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BNK4, Class ASB, 3.42%, 05/15/50 (Call 04/15/27) | 246 | 237248 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BNK4, Class C, 4.37%, 05/15/50 (Call 04/15/27)<sup>(a)</sup> | 485 | 424591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BNK7, Class B, 3.95%, 09/15/60 (Call 09/15/27) | 550 | 493845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BNK8, Class A3, 3.23%, 11/15/50 (Call 11/15/27) | 683 | 637532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BNK8, Class AS, 3.73%, 11/15/50 (Call 11/15/27) | 1000 | 918058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-BN10, Class C, 4.16%, 02/15/61 (Call 02/15/28)<sup>(a)</sup> | 800 | 690834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-BN14, Class A3, 3.97%, 09/15/60 (Call 09/15/28) | 600 | 577937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-BN14, Class AS, 4.48%, 09/15/60 (Call 09/15/28)<sup>(a)</sup> | 500 | 478258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-BN15, Class A3, 4.14%, 11/15/61 (Call 11/15/28) | 500 | 483534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN16, Class AS, 4.27%, 02/15/52 (Call 02/15/29) | 262 | 249859 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN19, Class A3, 2.93%, 08/15/61 (Call 07/15/29) | 2000 | 1806919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN19, Class A3, 3.18%, 08/15/61 (Call 07/15/29) | 497 | 452829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN20, Class A2, 2.76%, 09/15/62 (Call 10/15/29) | 423 | 376226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN20, Class B, 3.40%, 09/15/62 (Call 10/15/29)<sup>(a)</sup> | 1000 | 851545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN21, Class A4, 2.60%, 10/17/52 (Call 10/15/29) | 1000 | 888164 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN21, Class A5, 2.85%, 10/17/52 (Call 10/15/29) | 500 | 446606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN22, Class A3, 2.73%, 11/15/62 (Call 11/15/29) | 1000 | 884279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN22, Class A4, 2.98%, 11/15/62 (Call 11/15/29) | 820 | 738549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BN24, Class ASB, 2.93%, 11/15/62 (Call 12/15/29) | 1000 | 930152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-BNK16, Class A4, 4.01%, 02/15/52 (Call 02/15/29) | 2100 | 2022719 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020, Class A5, 2.65%, 01/15/63 (Call 02/15/30) | 1000 | 878728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BN25, Class A3, 2.39%, 01/15/63 (Call 02/15/30) | 1000 | 903626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BN26, Class B, 2.91%, 03/15/63 (Call 03/15/30)<sup>(a)</sup> | 250 | 199158 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BN27, Class AS, 2.55%, 04/15/63 (Call 04/15/30) | 1000 | 817276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BN28, Class A4, 1.84%, 03/15/63 (Call 10/15/30) | 500 | 410289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BN29, Class C, 3.03%, 11/15/53 (Call 12/15/30)<sup>(a)</sup> | 520 | 391372 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BN30, Class ABS, 1.67%, 12/15/53 | $240 | $208810 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BN32, Class AS, 2.64%, 04/15/54 (Call 04/15/31) | 2075 | 1793636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BN34, Class A5, 2.44%, 06/15/63 (Call 07/15/31) | 244 | 205941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BN34, Class AS, 2.57%, 06/15/63 (Call 07/15/31) | 500 | 406858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BN35, Class B, 2.53%, 06/15/64 (Call 08/15/31) | 1000 | 734439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-BNK40, Class A4, 3.39%, 03/15/64 (Call 03/15/32)<sup>(a)</sup> | 1000 | 911044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-BNK40, Class AS, 3.39%, 03/15/64 (Call 03/15/32)<sup>(a)</sup> | 1000 | 859360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series2017-BNK4, Class A4, 3.63%, 05/15/50 (Call 04/15/27) | 1000 | 951852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Serise BN23, Class C, 3.51%, 12/15/52 (Call 12/15/29)<sup>(a)</sup> | 500 | 399095 |
| BANK, 5.75%, 11/15/55 (Call 11/15/32)<sup>(a)</sup> | 1000 | 1083771 |
| Bank of America Merrill Lynch Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-UB10, Class A4, 3.17%, 07/15/49 (Call 02/15/31) | 800 | 757339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-UB10, Class B, 3.79%, 07/15/49 (Call 02/15/31) | 250 | 227556 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BNK3, Class A3, 3.31%, 02/15/50 (Call 02/15/27) | 1351 | 1272654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BNK3, Class A4, 3.57%, 02/15/50 (Call 02/15/27) | 1000 | 954143 |
| Barclays Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C4, Class A5, 2.92%, 08/15/52 (Call 08/15/29) | 1000 | 900254 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C5, 2.81%, 11/15/52 (Call 11/15/29) | 1000 | 890854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C5, Class A2, 3.04%, 11/15/52 (Call 11/15/29) | 678 | 651406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C5, Class A4, 3.06%, 11/15/52 (Call 11/15/29) | 1000 | 906343 |
| BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 02/15/55 (Call 02/15/32)<sup>(a)</sup> | 1500 | 1314039 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 09/15/55 | 847 | 720550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C1, Class A4, 3.67%, 02/15/50 (Call 02/15/27) | 1000 | 956921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C2, Class C, 4.97%, 12/15/51 (Call 12/15/28)<sup>(a)</sup> | 250 | 218331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C6, Class A4, 2.64%, 02/15/53 (Call 02/15/30) | 1500 | 1317579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C7, Class AS, 2.44%, 04/15/53 (Call 04/15/30) | 300 | 247511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C8, Class A5, 2.04%, 10/15/53 (Call 10/15/30) | 1000 | 836130 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C11, Class A5, 2.32%, 09/15/54 | 1500 | 1254873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C12, Class A4, 2.42%, 11/15/54 | 2000 | 1701204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C12, Class C, 3.21%, 11/15/54<sup>(a)</sup> | 1500 | 1089639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-C14, Class AS, 3.35%, 02/15/55 (Call 02/15/32)<sup>(a)</sup> | 250 | 217725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-C15, Class A5, 3.66%, 04/15/55 (Call 04/15/32)<sup>(a)</sup> | 2640 | 2448492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-C17, Class A4, 4.17%, 09/15/55 (Call 09/15/32) | 2000 | 1912850 |
| BBCMS Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C10, Class A5, 2.49%, 07/15/54 (Call 07/15/31) | 1750 | 1494768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C10, Class AS, 2.68%, 07/15/54 (Call 07/15/31) | 1000 | 832806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C10, Class B, 2.49%, 07/15/54 (Call 07/15/31) | 1000 | 750679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C10, Class C, 2.84%, 07/15/54 (Call 07/15/31) | 500 | 348723 |
| Benchmark Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 01/15/55<sup>(a)</sup> | 500 | 410251 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.46%, 03/15/55 (Call 03/15/32) | 1000 | 909552 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 05/15/55 (Call 05/15/32)<sup>(a)</sup> | 1750 | 1729429 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B1, Class A5, 3.67%, 01/15/51 (Call 01/15/28)<sup>(a)</sup> | $1000 | $954647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B1, Class AM, 3.88%, 01/15/51 (Call 01/15/28)<sup>(a)</sup> | 500 | 468157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B2, Class A4, 3.61%, 02/15/51 (Call 02/15/28) | 1350 | 1279962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B2, Class AS, 4.08%, 02/15/51 (Call 02/15/28)<sup>(a)</sup> | 1000 | 934134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B2, Class C, 4.27%, 02/15/51 (Call 02/15/28)<sup>(a)</sup> | 500 | 440377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B3, Class A4, 3.76%, 04/10/51 (Call 04/10/28) | 1700 | 1620717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B3, Class A5, 4.03%, 04/10/51 (Call 04/10/28) | 1000 | 968795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B4, Class A5, 4.12%, 07/15/51 (Call 07/15/28)<sup>(a)</sup> | 1023 | 993806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B4, Class ASB, 4.06%, 07/15/51 (Call 07/15/28)<sup>(a)</sup> | 464 | 452669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B4, Class C, 4.55%, 07/15/51 (Call 07/15/28)<sup>(a)</sup> | 400 | 337692 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B5, Class B, 4.57%, 07/15/51 (Call 08/15/28) | 500 | 459435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B7, Class B, 4.86%, 05/15/53 (Call 11/15/28)<sup>(a)</sup> | 400 | 379316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B8, Class A4, 3.96%, 01/15/52 (Call 12/15/28) | 1000 | 962288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B8, Class A5, 4.23%, 01/15/52 (Call 12/15/28) | 1000 | 970564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B8, Class AS, 4.53%, 01/15/52 (Call 12/15/28)<sup>(a)</sup> | 1563 | 1488789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B10, Class A3, 3.46%, 03/15/62 (Call 03/15/29) | 800 | 744478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B10, Class AM, 3.98%, 03/15/62 (Call 03/15/29) | 600 | 550886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B11, Class AS, 3.78%, 05/15/52 (Call 06/15/29) | 500 | 451273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B11, Class B, 3.96%, 05/15/52 (Call 06/15/29)<sup>(a)</sup> | 500 | 428712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B13, Class C, 3.84%, 08/15/57 (Call 10/15/29)<sup>(a)</sup> | 500 | 405169 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B14, Class A5, 3.05%, 12/15/62 (Call 11/15/29) | 500 | 452006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B9, Class A5, 4.02%, 03/15/52 (Call 02/15/29) | 1000 | 960099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B9, Class C, 4.97%, 03/15/52 (Call 02/15/29)<sup>(a)</sup> | 250 | 213333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B16, Class A5, 2.73%, 02/15/53 (Call 02/15/30) | 990 | 872023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B16, Class AM, 2.94%, 02/15/53 (Call 02/15/30)<sup>(a)</sup> | 1000 | 862640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B17, Class C, 3.37%, 03/15/53 (Call 03/15/30)<sup>(a)</sup> | 250 | 191108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B18 AM, Class AM, 2.34%, 07/15/53 (Call 08/15/30) | 430 | 350583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B19, Class B, 2.35%, 09/15/53 (Call 10/15/30) | 450 | 350919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B20, Class B, 2.53%, 10/15/53 (Call 10/15/30) | 500 | 388771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B21, Class A5, 2.25%, 12/17/53 (Call 12/15/30) | 500 | 408728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B22, Class A5, 1.97%, 01/15/54 (Call 01/15/31) | 1000 | 820192 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-IG1, Class A3, 2.69%, 09/15/43 (Call 01/15/30) | 1750 | 1485115 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B23, Class AS, 2.27%, 02/15/54 (Call 02/15/31) | 500 | 402550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B24, Class A4, 2.26%, 03/15/54 (Call 03/15/31) | 2000 | 1700858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B25, Class A5, 2.58%, 04/15/54 (Call 04/15/31) | 2000 | 1706565 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B25, Class ASB, 2.27%, 04/15/54 (Call 04/15/31) | $650 | $569953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B26, Class A5, 2.61%, 06/15/54 (Call 06/15/31) | 1500 | 1284123 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B26, Class AM, 2.83%, 06/15/54 (Call 06/15/31) | 500 | 415673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B27, Class A2, 2.02%, 07/15/54 (Call 07/15/31) | 1000 | 900558 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B27, Class A5, 2.39%, 07/15/54 (Call 07/15/31) | 1000 | 840444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B27, Class AS, 2.51%, 07/15/54 (Call 07/15/31) | 500 | 404184 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B29, Class A2, 2.02%, 09/15/54 (Call 10/15/31) | 1740 | 1554742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-B29, Class A5, 2.39%, 09/15/54 (Call 10/15/31) | 830 | 697165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-B32, Class A5, 3.00%, 01/15/55<sup>(a)</sup> | 1000 | 872672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-B34, Class A5, 3.79%, 04/15/55 (Call 04/15/32)<sup>(a)</sup> | 1500 | 1394799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Serise 2020-B17, Class A2, 2.21%, 03/15/53 (Call 03/15/30) | 1000 | 936036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Serise 2020-B17, Class A5, 2.29%, 03/15/53 (Call 03/15/30) | 1000 | 852117 |
| Cantor Commercial Real Estate Lending, 3.01%, 01/15/53 (Call 12/15/29) | 1000 | 897115 |
| CCUBS Commercial Mortgage Trust, Series 2017-C1, Class A4, 3.54%, 11/15/50 (Call 12/15/27)<sup>(a)</sup> | 1510 | 1419037 |
| CD Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-CD3, Class A4, 3.63%, 02/10/50 (Call 02/10/27) | 230 | 218587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-CD3, Class AS, 3.83%, 02/10/50 (Call 02/10/27) | 750 | 695913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-CD3, Class C, 4.55%, 02/10/50 (Call 02/10/27)<sup>(a)</sup> | 300 | 231610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-CD4, Class A4, 3.51%, 05/10/50 (Call 05/10/27)<sup>(a)</sup> | 1000 | 947266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-CD5, Class A4, 3.43%, 08/15/50 (Call 07/15/27) | 750 | 705951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-CD6, Class C, 4.23%, 11/13/50 (Call 11/13/27)<sup>(a)</sup> | 500 | 433746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-CD7, Class ASB, 4.21%, 08/15/51 (Call 08/15/28) | 550 | 538407 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-CD8, Class A4, 2.91%, 08/15/57 (Call 08/15/29) | 1000 | 894557 |
| CFCRE Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C3, Class A3, 3.87%, 01/10/48 (Call 01/10/26) | 500 | 483372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C4, Class A4, 3.28%, 05/10/58 (Call 05/10/26) | 1650 | 1557763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C8, Class ASB, 3.37%, 06/15/50 (Call 05/15/27) | 850 | 820484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C8, Class B, 4.20%, 06/15/50 (Call 05/15/27)<sup>(a)</sup> | 750 | 690390 |
| Citigroup Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC19, Class A4, 4.02%, 03/11/47 (Call 03/10/24) | 500 | 492595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC21, Class A5, 3.86%, 05/10/47 (Call 05/10/24) | 1145 | 1120733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC23, Class A4, 3.62%, 07/10/47 (Call 07/10/24) | 750 | 726914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC23, Class AS, 3.86%, 07/10/47 (Call 07/10/24) | 250 | 241877 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC23, Class C, 4.43%, 07/10/47 (Call 07/10/24)<sup>(a)</sup> | $250 | $235152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC25, Class AS, 4.02%, 10/10/47 (Call 10/10/24) | 953 | 908582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC25, Class B, 4.35%, 10/10/47 (Call 10/10/24)<sup>(a)</sup> | 100 | 94127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC29, Class C, 4.14%, 04/10/48 (Call 04/10/25)<sup>(a)</sup> | 250 | 231967 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC31, Class A4, 3.76%, 06/10/48 (Call 06/10/25) | 750 | 723373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC33, Class A4, 3.78%, 09/10/58 (Call 05/10/26) | 1500 | 1451060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC35, Class AAB, 3.61%, 11/10/48 (Call 11/10/25) | 300 | 292655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-P1, Class A5, 3.72%, 09/15/48 (Call 05/15/26) | 356 | 343525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C1, Class A4, 3.21%, 05/10/49 (Call 06/10/26) | 874 | 828940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-GC36, Class A4, 3.35%, 02/10/49 (Call 02/10/26) | 1000 | 957273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-P3, Class A3, 3.06%, 04/15/49 (Call 04/15/26) | 1500 | 1428986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-P3, Class A4, 3.33%, 04/15/49 (Call 04/15/26) | 75 | 71328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C4, Class A3, 3.21%, 10/12/50 (Call 11/12/27) | 1000 | 936239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-P8, Class A3, 3.20%, 09/15/50 (Call 09/15/27) | 885 | 826035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-P8, Class AS, 3.79%, 09/15/50 (Call 09/15/27)<sup>(a)</sup> | 750 | 694985 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B2, Class A4, 4.01%, 03/10/51 (Call 03/10/28) | 600 | 578049 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C5, Class A4, 4.23%, 06/10/51 (Call 06/10/28)<sup>(a)</sup> | 1000 | 972669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C6, Class A4, 4.41%, 11/10/51 (Call 11/10/28) | 1199 | 1171687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C7, Class A4, 3.10%, 12/15/72 (Call 12/15/29) | 2000 | 1807731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-GC41, Class AS, 3.02%, 08/10/56 (Call 08/10/29) | 750 | 652681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-GC43, Class A2, 2.98%, 11/10/52 (Call 11/10/29) | 863 | 824613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-GC43, Class A4, 3.04%, 11/10/52 (Call 11/10/29) | 750 | 675549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-GC46, Class A5, 2.72%, 02/15/53 (Call 02/15/30) | 1000 | 869090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-GC46, Class AS, 2.92%, 02/15/53 (Call 02/15/30)<sup>(a)</sup> | 500 | 422090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-GC46, Class B, 3.15%, 02/15/53 (Call 02/15/30)<sup>(a)</sup> | 234 | 190930 |
| Commission Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR14, Class C, 4.59%, 02/10/47 (Call 01/10/24)<sup>(a)</sup> | 200 | 191876 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR16, Class ASB, 3.65%, 04/10/47 (Call 04/10/24) | 38 | 37731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR17, Class A5, 3.98%, 05/10/47 (Call 05/10/24) | 500 | 490170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR17, Class B, 4.38%, 05/10/47 (Call 05/10/24) | 292 | 277954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR18, Class AM, 4.10%, 07/15/47 (Call 07/15/24) | 300 | 290920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR19, Class A5, 3.80%, 08/10/47 (Call 08/10/24) | 438 | 428161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR19, Class B, 4.70%, 08/10/47 (Call 08/10/24)<sup>(a)</sup> | 850 | 820066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR20, Class AM, 3.94%, 11/10/47 (Call 01/10/29) | 250 | 237950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-LC17, Class A5, 3.92%, 10/10/47 (Call 12/10/24) | 675 | 658267 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS2, Class A5, 3.96%, 03/10/47 (Call 03/10/24) | $1521 | $1496961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS2, Class AM, 4.20%, 03/10/47 (Call 03/10/24) | 425 | 412805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS3, Class C, 4.74%, 06/10/47 (Call 06/10/24)<sup>(a)</sup> | 150 | 142387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS4, Class A4, 3.42%, 08/10/47 (Call 07/10/29) | 250 | 243613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS4, Class A5, 3.69%, 08/10/47 (Call 07/10/29) | 500 | 486752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS4, Class AM, 3.97%, 08/10/47 (Call 07/10/29) | 500 | 475528 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS4, Class B, 4.35%, 08/10/47 (Call 07/10/29) | 250 | 233091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS5, Class A4, 3.84%, 09/10/47 (Call 09/10/24) | 730 | 710465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS6, Class A5, 3.64%, 12/10/47 (Call 10/10/28) | 500 | 484927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR22, Class A5, 3.31%, 03/10/48 (Call 03/10/25) | 500 | 480959 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR22, Class AM, 3.60%, 03/10/48 (Call 03/10/25)<sup>(a)</sup> | 200 | 188816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR22, Class C, 4.07%, 03/10/48 (Call 03/10/25)<sup>(a)</sup> | 300 | 276453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR23, Class A4, 3.50%, 05/10/48 (Call 05/10/25) | 500 | 480823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR24, Class A4, 3.43%, 08/10/48 (Call 06/10/26) | 925 | 891161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR24, Class B, 4.34%, 08/10/48 (Call 06/10/26)<sup>(a)</sup> | 750 | 703757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR24, Class D, 3.46%, 08/10/48 (Call 06/10/26)<sup>(a)</sup> | 200 | 167894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR25, Class A4, 3.76%, 08/10/48 (Call 08/10/25) | 750 | 724796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-CR25, Class B, 4.52%, 08/10/48 (Call 08/10/25)<sup>(a)</sup> | 300 | 280273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-DC1, Class A5, 3.35%, 02/10/48 (Call 02/10/25) | 750 | 722477 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-DC1, Class C, 4.30%, 02/10/48 (Call 02/10/25)<sup>(a)</sup> | 250 | 218552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-LC21, Class A4, 3.71%, 07/10/48 (Call 01/10/26) | 500 | 483114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-LC23, Class A4, 3.77%, 10/10/48 (Call 11/10/25) | 1000 | 967503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-PC1, Class ASB, 3.61%, 07/10/50 (Call 06/10/25) | 87 | 85493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-CR28, Class C, 4.60%, 02/10/49 (Call 01/10/26)<sup>(a)</sup> | 604 | 553187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-DC2, Class A4, 3.50%, 02/10/49 (Call 02/10/26) | 353 | 339527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-DC2, Class AM, 4.24%, 02/10/49 (Call 02/10/26) | 750 | 701693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-DC2, Class ASB, 3.55%, 02/10/49 (Call 02/10/26) | 591 | 575446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-DC2, Class C, 4.66%, 02/10/49 (Call 02/10/26)<sup>(a)</sup> | 250 | 228967 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-COR2, Class C, 4.59%, 09/10/50 (Call 09/10/27)<sup>(a)</sup> | 750 | 668626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-COR3, Class A3, 4.23%, 05/10/51 (Call 05/10/28) | 750 | 726468 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-COR3, Class B, 4.51%, 05/10/51 (Call 05/10/28)<sup>(a)</sup> | $500 | $447029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-COR3, Class C, 4.56%, 05/10/51 (Call 05/10/28)<sup>(a)</sup> | 500 | 421889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-GC44, Class A5, 2.95%, 08/15/57 (Call 11/15/29) | 1000 | 892864 |
| CSAIL Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C1, Class A4, 3.51%, 04/15/50 (Call 03/15/25) | 500 | 481459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C1, Class AS, 3.79%, 04/15/50 (Call 03/15/25)<sup>(a)</sup> | 435 | 404750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C2, Class A4, 3.50%, 06/15/57 (Call 05/15/25) | 500 | 480622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C3, Class A4, 3.72%, 08/15/48 (Call 08/15/25) | 650 | 627764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C4, Class A3, 3.54%, 11/15/48 (Call 11/15/25) | 1489 | 1432569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C4, Class A4, 3.81%, 11/15/48 (Call 11/15/25) | 1464 | 1414219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C4, Class D, 3.56%, 11/15/48 (Call 11/15/25)<sup>(a)</sup> | 250 | 215902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C5, Class C, 4.64%, 11/15/48 (Call 11/15/25)<sup>(a)</sup> | 750 | 694747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C6, Class C, 4.92%, 01/15/49 (Call 05/15/26)<sup>(a)</sup> | 350 | 309050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C7, Class A4, 3.21%, 11/15/49 (Call 11/15/26) | 193 | 184000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C7, Class AS, 3.96%, 11/15/49 (Call 11/15/26)<sup>(a)</sup> | 1000 | 924333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-CX9, Class A5, 3.45%, 09/15/50 (Call 09/15/27) | 1000 | 940210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-CX11, Class A5, 4.03%, 04/15/51 (Call 04/15/28)<sup>(a)</sup> | 1000 | 961739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C15, Class A2, 3.45%, 03/15/52 (Call 02/15/29) | 1028 | 997904 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C15, Class A3, 3.78%, 03/15/52 (Call 02/15/29) | 1400 | 1331604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C15, Class B, 4.48%, 03/15/52 (Call 02/15/29) | 1000 | 886413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C17, Class A5, 3.02%, 09/15/52 (Call 09/15/29) | 2000 | 1798415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C18, Class ASB, 2.87%, 12/15/52 (Call 12/15/29) | 500 | 462217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C19, Class A3, 2.56%, 03/15/53 (Call 03/15/30) | 500 | 430138 |
| DBGS Mortgage Trust, Series 2018-C1, Class A4, 4.47%, 10/15/51 (Call 10/15/28) | 1400 | 1368197 |
| DBJPM Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C1, Class A4, 3.28%, 05/10/49 (Call 04/10/26) | 1000 | 950074 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C1, Class ASB, 3.04%, 05/10/49 (Call 04/10/26) | 357 | 344822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C1, Class B, 4.20%, 05/10/49 (Call 04/10/26)<sup>(a)</sup> | 1160 | 1042847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C1, Class C, 3.32%, 05/10/49 (Call 04/10/26)<sup>(a)</sup> | 468 | 391859 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C6, Class A3, 3.27%, 06/10/50 (Call 06/10/27) | 560 | 543056 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.71%, 11/25/31<sup>(a)</sup> | 976 | 864013 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.94%, 12/25/31<sup>(a)</sup> | 1000 | 840399 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.35%, 02/25/31 | 1000 | 895182 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M1, Class A2, 2.94%, 01/25/26<sup>(a)</sup> | 802 | 773686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M10, Class AV2, 3.00%, 11/25/45. | 500 | 416593 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M12, Class AV2, 2.31%, 10/25/23. | 258 | 256365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M5, Class A2, 2.47%, 04/25/26 | 1000 | 949268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M1, Class A2, 2.41%, 10/25/26<sup>(a)</sup> | 767 | 723045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M14, Class A2, 2.87%, 11/25/27<sup>(a)</sup> | 1808 | 1722481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M15, Class ATS2, 3.15%, 11/25/27<sup>(a)</sup> | 428 | 418225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M14, Class A2, 3.58%, 08/25/28<sup>(a)</sup> | 409 | 400156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M12, Class A2, 2.89%, 06/25/29<sup>(a)</sup> | 1175 | 1097551 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M25, Class A2, 2.33%, 11/25/29<sup>(a)</sup> | $1690 | $1520226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-M1, Class A1, 2.15%, 10/25/29 | 1513 | 1425068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-M1, Class A2, 2.44%, 10/25/29 | 4530 | 4095034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-M14, Class A2, 1.78%, 05/25/30 | 1000 | 857655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-M20, Class A2, 1.44%, 10/25/29 | 250 | 211364 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-M5, Class A3, 2.19%, 01/25/30 | 1000 | 884782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-M8, Class A2, 1.82%, 02/25/30 | 100 | 86573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-M19, Class A2, 1.74%, 10/25/31<sup>(a)</sup> | 2000 | 1657812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-M4, Class A2, 1.46%, 02/25/31<sup>(a)</sup> | 2500 | 2055283 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-M3, Class A2, 1.71%, 11/25/31<sup>(a)</sup> | 2000 | 1642068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-M4, Class A2, 2.29%, 05/25/30<sup>(a)</sup> | 1800 | 1602112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series2019-M6, Class A2, 3.45%, 01/01/29 | 521 | 507165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Serise 2015-M15, Class A2, 2.92%, 10/25/25<sup>(a)</sup> | 508 | 490161 |
| Freddie Mac Multifamily Structured Pass Through Certificates, 3.53%, 08/25/32 (Call 09/25/32)<sup>(a)</sup> | 1000 | 959200 |
| GS Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-GC16, Class AS, 4.65%, 11/10/46 (Call 11/10/23) | 150 | 147265 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-GC16, Class C, 5.31%, 11/10/46 (Call 11/10/23)<sup>(a)</sup> | 100 | 97872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC18, Class AS, 4.38%, 01/10/47 (Call 01/10/24) | 650 | 632174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC20, Class A5, 4.00%, 04/10/47 (Call 04/10/24) | 400 | 393479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC20, Class B, 4.53%, 04/10/47 (Call 04/10/24)<sup>(a)</sup> | 250 | 239072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC22, Class AS, 4.11%, 06/10/47 (Call 06/10/24) | 250 | 241517 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC24, Class AAB, 3.65%, 09/10/47 (Call 09/10/24) | 182 | 178914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-GC26, Class A5, 3.63%, 11/10/47 (Call 12/10/24) | 1485 | 1439708 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC30, Class AAB, 3.12%, 05/10/50 (Call 05/10/25) | 189 | 184334 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC30, Class AS, 3.78%, 05/10/50 (Call 05/10/25)<sup>(a)</sup> | 500 | 474228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC32, Class A3, 3.50%, 07/10/48 (Call 07/10/25) | 545 | 524618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC32, Class C, 4.41%, 07/10/48 (Call 07/10/25)<sup>(a)</sup> | 804 | 733481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC34, Class A4, 3.51%, 10/10/48 (Call 10/10/25) | 1500 | 1438231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GS1, Class A3, 3.73%, 11/10/48 (Call 11/10/25) | 1500 | 1442004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-GS2, Class A4, 3.05%, 05/10/49 (Call 05/10/26) | 1170 | 1104029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-GS3, Class A3, 2.59%, 10/10/49 (Call 10/10/26) | 1291 | 1196833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-GS3, Class A4, 2.85%, 10/10/49 (Call 10/10/26) | 780 | 725242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-GS4, Class A4, 3.44%, 11/10/49 (Call 11/10/26)<sup>(a)</sup> | 39 | 36963 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-GS6, Class B, 3.87%, 05/10/50 (Call 05/10/27) | 1000 | 910555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-GS7, Class A3, 3.17%, 08/10/50 (Call 08/10/27) | 1000 | 933020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-GS7, Class B, 3.88%, 08/10/50 (Call 08/10/27) | 500 | 462495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-GS9, Class A4, 3.99%, 03/10/51 (Call 03/10/28)<sup>(a)</sup> | 1000 | 962679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-GC38, Class A4, 3.97%, 02/10/52 (Call 02/10/29) | 750 | 717469 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-GC40, Class A4, 3.16%, 07/10/52 (Call 07/10/29) | $1131 | $1033555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-GSA1, Class C, 3.81%, 11/10/52 (Call 11/10/29)<sup>(a)</sup> | 500 | 386381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-GC45, Class A4, 2.66%, 02/13/53 (Call 01/13/30) | 775 | 680819 |
| JP Morgan Chase Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-JP1, Class A4, 3.65%, 01/15/49 (Call 12/15/25) | 1000 | 962930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-JP1, Class AS, 4.12%, 01/15/49 (Call 12/15/25)<sup>(a)</sup> | 750 | 716619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-JP3, Class AS, 3.14%, 08/15/49 (Call 09/15/26) | 1000 | 894925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-JP3, Class B, 3.40%, 08/15/49 (Call 09/15/26)<sup>(a)</sup> | 108 | 93789 |
| JPMBB Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C14, Class B, 4.55%, 08/15/46 (Call 08/15/23)<sup>(a)</sup> | 500 | 492320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C15, Class C, 5.18%, 11/15/45 (Call 10/15/23)<sup>(a)</sup> | 110 | 107748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C17, Class C, 4.88%, 01/15/47 (Call 01/15/24)<sup>(a)</sup> | 100 | 97252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C18, Class A5, 4.08%, 02/15/47 (Call 01/15/29) | 1400 | 1371957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C18, Class AS, 4.44%, 02/15/47 (Call 01/15/29)<sup>(a)</sup> | 1200 | 1169283 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C18, Class B, 4.74%, 02/15/47 (Call 01/15/29)<sup>(a)</sup> | 225 | 215449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C19, Class C, 4.65%, 04/15/47 (Call 01/15/25)<sup>(a)</sup> | 200 | 191293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C21, Class A4, 3.49%, 08/15/47 (Call 07/15/24) | 490 | 478263 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C21, Class A5, 3.77%, 08/15/47 (Call 07/15/24) | 500 | 488008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C21, Class ASB, 3.43%, 08/15/47 (Call 07/15/24) | 100 | 98925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C22, Class A4, 3.80%, 09/15/47 (Call 03/15/26) | 1006 | 981239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C22, Class C, 4.55%, 09/15/47 (Call 03/15/26)<sup>(a)</sup> | 200 | 180697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C23, Class A5, 3.93%, 09/15/47 (Call 02/15/26) | 1144 | 1117176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C25, Class AS, 4.07%, 11/15/47 (Call 11/15/24) | 232 | 222592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C25, Class B, 4.35%, 11/15/47 (Call 11/15/24)<sup>(a)</sup> | 185 | 174896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C27, Class AS, 3.63%, 02/15/48 (Call 09/15/26) | 500 | 468310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C28, Class A3, 2.91%, 10/15/48 (Call 04/15/25) | 803 | 768681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C28, Class ASB, 3.04%, 10/15/48 (Call 04/15/25) | 198 | 192531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C29, Class ASB, 3.30%, 05/15/48 (Call 03/15/26) | 220 | 214652 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C29, Class B, 4.12%, 05/15/48 (Call 03/15/26)<sup>(a)</sup> | 250 | 227742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C30, Class AS, 4.23%, 07/15/48 (Call 07/15/25)<sup>(a)</sup> | 635 | 602793 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C31, Class A3, 3.80%, 08/15/48 (Call 08/15/25) | 946 | 914621 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C33, Class A4, 3.77%, 12/15/48 (Call 11/15/25) | $1000 | $968536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C1, Class A5, 3.58%, 03/17/49 (Call 02/15/26) | 822 | 788396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C1, Class B, 4.74%, 03/17/49 (Call 02/15/26)<sup>(a)</sup> | 450 | 419422 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C1, Class C, 4.74%, 03/17/49 (Call 02/15/26)<sup>(a)</sup> | 400 | 362996 |
| JPMCC Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-JP5, Class AS, 3.88%, 03/15/50 (Call 04/15/27)<sup>(a)</sup> | 650 | 606662 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-JP5, Class ASB, 3.55%, 03/15/50 (Call 04/15/27) | 105 | 102005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-JP6, Class A5, 3.49%, 07/15/50 (Call 06/15/27) | 300 | 283637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-JP6, Class AS, 3.74%, 07/15/50 (Call 06/15/27) | 400 | 369205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-JP7, Class A5, 3.45%, 09/15/50 (Call 08/15/27) | 1000 | 942054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-COR5, Class A2, 3.15%, 06/13/52 (Call 06/13/29) | 319 | 310146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-COR5, Class A4, 3.39%, 06/13/52 (Call 06/13/29) | 1200 | 1102247 |
| JPMDB Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C2, Class A4, 3.14%, 06/15/49 (Call 05/15/26) | 1000 | 943939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C2, Class B, 3.99%, 06/15/49 (Call 05/15/26)<sup>(a)</sup> | 750 | 660144 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C5, Class A5, 3.69%, 03/15/50 (Call 04/15/27) | 1100 | 1045687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C7, Class A3, 3.05%, 10/15/50 (Call 11/15/27) | 1196 | 1150887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C7, Class A5, 3.41%, 10/15/50 (Call 11/15/27) | 1050 | 988198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C8, Class A3, 3.94%, 06/15/51 (Call 06/15/28) | 561 | 540190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-COR6, Class A4, 3.06%, 11/13/52 (Call 11/13/29) | 955 | 842336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-COR7, Class A5, 2.18%, 05/13/53 (Call 04/13/30) | 539 | 440430 |
| JPMorgan Chase Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C13, Class A4, 3.99%, 01/15/46 (Call 07/15/23)<sup>(a)</sup> | 141 | 140073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C13, Class ASB, 3.41%, 01/15/46 (Call 07/15/23) | 2 | 1908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C20, Class A5, 3.80%, 07/15/47 (Call 06/15/24) | 500 | 488532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C20, Class B, 4.40%, 07/15/47 (Call 06/15/24)<sup>(a)</sup> | 100 | 89565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-JP1, Class A5, 3.91%, 01/15/49 (Call 12/15/25) | 1462 | 1418270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-JP2, Class A4, 2.82%, 08/15/49 (Call 07/15/26) | 1023 | 952777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-JP2, Class AS, 3.06%, 08/15/49 (Call 07/15/26) | 700 | 637611 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-JP4, Class A4, 3.65%, 12/15/49 (Call 04/15/27)<sup>(a)</sup> | 1090 | 1042350 |
| Morgan Stanley Bank of America Merrill Lynch Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C10, Class ASB, 3.91%, 07/15/46<sup>(a)</sup> | 4 | 3681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C11, Class A3, 3.96%, 08/15/46 (Call 08/15/23) | 200 | 199118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C13, Class C, 4.90%, 11/15/46 (Call 11/15/28)<sup>(a)</sup> | 230 | 221280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C7, Class B, 3.77%, 02/15/46 | 1 | 738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C14, Class AS, 4.38%, 02/15/47 (Call 02/15/24)<sup>(a)</sup> | 200 | 196548 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C14, Class B, 4.87%, 02/15/47 (Call 02/15/24)<sup>(a)</sup> | $200 | $195032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C15, Class ASB, 3.65%, 04/15/47 (Call 04/15/24) | 50 | 49590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C16, Class A5, 3.89%, 06/15/47 (Call 06/15/26) | 500 | 489654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C18, Class A3, 3.65%, 10/15/47 (Call 07/15/26) | 329 | 320619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C18, Class A4, 3.92%, 10/15/47 (Call 07/15/26) | 1150 | 1121217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C19, Class A4, 3.53%, 12/15/47 (Call 10/15/26) | 1275 | 1234644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C20, Class AS, 3.61%, 02/15/48 (Call 11/15/26) | 500 | 473523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C21, Class A4, 3.34%, 03/15/48 (Call 03/15/31) | 901 | 863676 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C22, Class A4, 3.31%, 04/15/48 (Call 04/15/25) | 1000 | 958696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C22, Class C, 4.20%, 04/15/48 (Call 04/15/25)<sup>(a)</sup> | 250 | 223446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C23, Class A3, 3.45%, 07/15/50 (Call 06/15/25) | 717 | 693644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C23, Class A4, 3.72%, 07/15/50 (Call 06/15/25) | 1000 | 965715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C24, Class A3, 3.48%, 05/15/48 (Call 08/15/25) | 308 | 296408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C24, Class A4, 3.73%, 05/15/48 (Call 08/15/25) | 950 | 917513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C25, Class ASB, 3.38%, 10/15/48 (Call 09/15/25) | 288 | 279931 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C27, Class A4, 3.75%, 12/15/47 (Call 11/15/25) | 1849 | 1783836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C28, Class A4, 3.54%, 01/15/49 (Call 02/15/28) | 1000 | 956160 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C30, Class A5, 2.86%, 09/15/49 (Call 10/15/26) | 500 | 464880 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C31, Class A5, 3.10%, 11/15/49 (Call 11/15/26) | 1250 | 1170696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C32, Class A4, 3.72%, 12/15/49 (Call 01/15/27) | 1000 | 955422 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C32, Class ASB, 3.51%, 12/15/49 (Call 01/15/27) | 247 | 238816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C33, Class A5, 3.60%, 05/15/50 (Call 05/15/27) | 1100 | 1039609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C34, Class A4, 3.54%, 11/15/52 (Call 10/15/27) | 1000 | 944410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C34, Class AS, 3.86%, 11/15/52 (Call 10/15/27) | 500 | 461966 |
| Morgan Stanley Capital I, Series 2017-HR2, Class A4, 3.59%, 12/15/50 (Call 12/15/27) | 2010 | 1899211 |
| Morgan Stanley Capital I Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-MS1, Class A4, 3.78%, 05/15/48 (Call 07/15/25)<sup>(a)</sup> | 500 | 483620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-UBS8, Class AS, 4.11%, 12/15/48 (Call 12/15/25) | 250 | 229382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-BNK2, Class A4, 3.05%, 11/15/49 (Call 11/15/26) | 1250 | 1167377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-UB11, Class A4, 2.78%, 08/15/49 (Call 08/15/26) | 1000 | 928581 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-UB12, Class A3, 3.34%, 12/15/49 (Call 12/15/26) | $983 | $927309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-UB12, Class A4, 3.60%, 12/15/49 (Call 12/15/26) | 1500 | 1426835 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-H1, Class A5, 3.53%, 06/15/50 (Call 06/15/27) | 1000 | 943484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-H3, Class A4, 3.91%, 07/15/51 (Call 07/15/28) | 500 | 479690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-H7, Class A4, 3.26%, 07/15/52 (Call 07/15/29) | 1000 | 914747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-HR8, Class A4, 2.04%, 07/15/53 (Call 08/15/30) | 1120 | 931475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-L4, Class A3, 2.70%, 02/15/53 (Call 02/15/30) | 1500 | 1314404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-L5, Class ASB, 2.43%, 05/15/54 (Call 05/15/31) | 145 | 127900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-L6, Class A2, 2.13%, 06/15/54 (Call 07/15/31)<sup>(a)</sup> | 1500 | 1349633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-L7, Class A5, 2.57%, 10/15/54 (Call 10/15/31) | 2000 | 1678377 |
| SG Commercial Mortgage Securities Trust, Series 2016-C5, Class A4, 3.06%, 10/10/48 (Call 07/10/26) | 1000 | 931879 |
| UBS Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C2, Class A4, 3.49%, 08/15/50 (Call 08/15/27) | 1000 | 941360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C6, Class AS, 3.93%, 12/15/50 (Call 12/15/27)<sup>(a)</sup> | 500 | 464715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C7, Class A4, 3.68%, 12/15/50 (Call 01/15/33) | 1000 | 945322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C08, Class A4, 3.98%, 02/15/51 (Call 02/15/28) | 1325 | 1274409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C15, Class B, 4.92%, 12/15/51 (Call 01/15/29)<sup>(a)</sup> | 750 | 704990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C16, Class AS, 3.89%, 04/15/52 (Call 04/15/29) | 1592 | 1413360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C17, Class A4, 2.92%, 10/15/52 (Call 10/15/29) | 1000 | 893991 |
| Wells Fargo Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/55 (Call 04/15/32)<sup>(a)</sup> | 500 | 472046 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 08/15/51 (Call 08/15/28) | 1623 | 1573241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-LC12, Class AS, 4.29%, 07/15/46 (Call 07/15/23)<sup>(a)</sup> | 473 | 443345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C26, Class AS, 3.58%, 02/15/48 (Call 02/15/25) | 820 | 777606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C27, Class A5, 3.45%, 02/15/48 (Call 03/15/25) | 1000 | 963527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C27, Class B, 4.14%, 02/15/48 (Call 03/15/25)<sup>(a)</sup> | 330 | 304025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C28, Class A4, 3.54%, 05/15/48 (Call 05/15/25) | 500 | 482788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C28, Class AS, 3.87%, 05/15/48 (Call 05/15/25)<sup>(a)</sup> | 250 | 237369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C30, Class A4, 3.66%, 09/15/58 (Call 08/15/25) | 817 | 791784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C30, Class ASB, 3.41%, 09/15/58 (Call 08/15/25) | 243 | 237032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C31, Class A4, 3.70%, 11/15/48 (Call 11/15/25) | 500 | 481669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C31, Class B, 4.48%, 11/15/48 (Call 11/15/25)<sup>(a)</sup> | 1000 | 936383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C31, Class C, 4.60%, 11/15/48 (Call 11/15/25)<sup>(a)</sup> | 450 | 410651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-LC20, Class A3, 3.09%, 04/15/50 | 600 | 587766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-LC20, Class B, 3.72%, 04/15/50 (Call 04/15/25) | 750 | 690042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-LC22, Class A4, 3.84%, 09/15/58 (Call 09/15/25) | 1000 | 967218 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-NXS2, Class A5, 3.77%, 07/15/58 (Call 07/15/25)<sup>(a)</sup> | $750 | $725331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C32, Class ASB, 3.32%, 01/15/59 (Call 01/15/26) | 656 | 638148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C33, Class A4, 3.43%, 03/15/59 (Call 04/15/26) | 1000 | 955425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C34, Class A4, 3.10%, 06/15/49 (Call 05/15/26) | 1000 | 943826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C36, Class AS, 3.42%, 11/15/59 (Call 10/15/26) | 500 | 450665 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-LC24, Class A4, 2.94%, 10/15/49 (Call 09/15/26) | 1680 | 1572435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-LC25, Class B, 4.34%, 12/15/59 (Call 11/15/26)<sup>(a)</sup> | 198 | 177867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-NXS4, Class A4, 3.72%, 12/15/48 (Call 11/15/25) | 1920 | 1854867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-NXS6, Class B, 3.81%, 11/15/49 (Call 10/15/26) | 500 | 449304 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C38, Class A4, 3.19%, 07/15/50 (Call 06/15/27) | 483 | 452624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C38, Class A5, 3.45%, 07/15/50 (Call 06/15/27) | 1000 | 943595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C39, Class A5, 3.42%, 09/15/50 (Call 08/15/27) | 2500 | 2352151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C39, Class ASB, 3.21%, 09/15/50 (Call 08/15/27) | 899 | 864002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C39, Class C, 4.12%, 09/15/50 (Call 08/15/27) | 500 | 424024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C42, Class A4, 3.59%, 12/15/50 (Call 12/15/27) | 1250 | 1181319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C42, Class B, 4.00%, 12/15/50 (Call 12/15/27)<sup>(a)</sup> | 500 | 440275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C44, Class A4, 3.95%, 05/15/51 (Call 05/15/28) | 1250 | 1199128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C44, Class A5, 4.21%, 05/15/51 (Call 05/15/28) | 1000 | 971442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C45, Class AS, 4.41%, 06/15/51 (Call 07/15/28)<sup>(a)</sup> | 350 | 330708 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C46, Class AS, 4.38%, 08/15/51 (Call 08/15/28) | 500 | 471537 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C47, Class A4, 4.44%, 09/15/61 (Call 10/15/28) | 1250 | 1228314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-C48, Class A5, 4.30%, 01/15/52 (Call 12/15/28) | 1010 | 984694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C49, Class A5, 4.02%, 03/15/52 (Call 02/15/29) | 1625 | 1559213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C49, Class C, 4.87%, 03/15/52 (Call 02/15/29)<sup>(a)</sup> | 665 | 578890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C50, Class A5, 3.73%, 05/15/52 (Call 05/15/29) | 750 | 706672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C50, Class AS, 4.02%, 05/15/52 (Call 05/15/29) | 1000 | 912448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C51, Class AS, 3.58%, 06/15/52 (Call 06/15/29) | 492 | 442495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-C53, Class A4, 3.04%, 10/15/52 (Call 10/15/29) | 1400 | 1260518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C55, Class A5, 2.73%, 02/15/53 (Call 02/15/30) | 1000 | 878334 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C56, Class ASB, 2.42%, 06/15/53 (Call 04/15/30) | 500 | 451929 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C56, Class B, 3.74%, 06/15/53 (Call 04/15/30)<sup>(a)</sup> | $345 | $292946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C56, Class C, 3.74%, 06/15/53 (Call 04/15/30)<sup>(a)</sup> | 800 | 631511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C57, Class A4, 2.12%, 08/15/53 (Call 08/15/30) | 1919 | 1612165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C58, Class A4, 2.10%, 07/15/53 (Call 12/15/30) | 1000 | 826806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C59, Class A5, 2.63%, 04/15/54 (Call 04/15/31) | 1000 | 855599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-C59, Class ASB, 2.30%, 04/15/54 (Call 04/15/31) | 459 | 411721 |
| WFRBS Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2012-C10, Class AS, 3.24%, 12/15/45 (Call 02/15/23) | 73 | 70257 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C13, Class C, 3.91%, 05/15/45 (Call 05/15/23)<sup>(a)</sup> | 110 | 105795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C14, Class B, 3.84%, 06/15/46 (Call 06/15/23)<sup>(a)</sup> | 500 | 448448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C19, Class B, 4.72%, 03/15/47 (Call 03/15/24)<sup>(a)</sup> | 300 | 288525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C22, Class A4, 3.49%, 09/15/57 (Call 09/15/24) | 909 | 882341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C22, Class A5, 3.75%, 09/15/57 (Call 09/15/24) | 400 | 388869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C22, Class AS, 4.07%, 09/15/57 (Call 09/15/24)<sup>(a)</sup> | 480 | 453996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C24, Class A5, 3.61%, 11/15/47 (Call 11/15/24) | 100 | 96888 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C25, Class A5, 3.63%, 11/15/47 (Call 12/15/24) | 1050 | 1017613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-LC14, Class A5, 4.05%, 03/15/47 (Call 02/15/24) | 950 | 935917 |
|  |  | 327713616 |
| **Total Collaterized Mortgage Obligations — 58.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Cost: $367,044,613)** |  | 327713616 |
| **U.S. Government Agency Obligations** |  |  |
| **Mortgage-Backed Securities — 40.7%** |  |  |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-M6, Class 1A2, 3.35%, 02/25/43<sup>(a)</sup> | 294 | 285132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-M11, Class 1A, 3.12%, 08/25/24<sup>(a)</sup> | 591 | 579885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-M11, Class 2A, 3.29%, 08/25/26<sup>(a)</sup> | 557 | 541773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-M13, Class A2, 3.02%, 08/25/24<sup>(a)</sup> | 95 | 93273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-M3, Class A2, 3.50%, 01/25/24<sup>(a)</sup> | 238 | 235939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-M4, Class A2, 3.35%, 03/25/24<sup>(a)</sup> | 312 | 308301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-M1, Class A2, 2.53%, 09/25/24 | 503 | 489981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-M11, Class A2, 2.85%, 04/25/25<sup>(a)</sup> | 722 | 698924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-M13, Class A2, 2.70%, 06/25/25<sup>(a)</sup> | 679 | 653939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-M2, Class A, 2.62%, 12/25/24 | 323 | 313376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-M8, Class A2, 2.90%, 01/25/25<sup>(a)</sup> | 1090 | 1061070 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M6, Class A2, 2.49%, 05/25/26 | 273 | 258989 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M9, Class A2, 2.29%, 06/25/26 | 1991 | 1877737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017, Class A2, 2.96%, 09/25/27<sup>(a)</sup> | 932 | 892865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M11, Class A2, 2.98%, 08/25/29 | 1000 | 939797 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M15, Class AV2, 2.56%, 11/25/24<sup>(a)</sup> | 595 | 580432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M2, Class A2, 2.77%, 02/25/27<sup>(a)</sup> | 1955 | 1867147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M3, Class A2, 2.47%, 12/25/26<sup>(a)</sup> | 643 | 606774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M4, Class A2, 2.55%, 12/25/26<sup>(a)</sup> | 710 | 670859 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M7, Class A2, 2.96%, 02/25/27<sup>(a)</sup> | $910 | $— | 872309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M8, Class A2, 3.06%, 05/25/27<sup>(a)</sup> | 2092 |  | 2011648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M1, Class A2, 2.99%, 12/25/27<sup>(a)</sup> | 713 |  | 683716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M10, Class A2, 3.36%, 07/25/28<sup>(a)</sup> | 2382 |  | 2312303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M13, Class A2, 3.74%, 09/25/30<sup>(a)</sup> | 81 |  | 79795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M7, Class A2, 3.03%, 03/25/28<sup>(a)</sup> | 737 |  | 707665 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M1, Class A2, 3.55%, 09/25/28<sup>(a)</sup> | 2696 |  | 2635759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M2, Class A2, 3.63%, 11/25/28<sup>(a)</sup> | 1843 |  | 1806856 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M4, Class A2, 3.61%, 02/25/31 | 1250 |  | 1209250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M5, Class A2, 3.27%, 02/25/29 | 2417 |  | 2329531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M7, Class A2, 3.14%, 04/25/29 | 2546 |  | 2416898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M9, Class A2, 2.94%, 06/25/29 | 1694 |  | 1595869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-M5, Class A2, 2.21%, 01/25/30 | 2317 |  | 2066320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-M17, Class A2, 1.71%, 07/25/31<sup>(a)</sup> | 2000 |  | 1662469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-M1, Class A2, 1.67%, 10/25/31<sup>(a)</sup> | 3000 |  | 2461221 |
| Freddie Mac Multifamily Structured Pass Through Certificates |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.31%, 05/25/30 (Call 06/25/30) | 1000 |  | 828881 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.03%, 09/25/28 (Call 10/25/28) | 1150 |  | 1034335 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.12%, 04/25/55 (Call 09/25/29)<sup>(a)</sup> | 3000 |  | 2694216 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 01/25/32 (Call 02/25/32) | 165 |  | 142746 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 04/25/32 (Call 05/25/32) | 1000 |  | 877970 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.92%, 06/25/32 (Call 07/25/32) | 3500 |  | 3193824 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/25/32 (Call 06/25/32)<sup>(a)</sup> | 2500 |  | 2296147 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/25/32 (Call 08/25/32)<sup>(a)</sup> | 2000 |  | 1913612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A1, 2.55%, 05/25/31 (Call 02/25/32) | 2246 |  | 2064183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A2, 2.25%, 02/25/32 (Call 02/25/32) | 2500 |  | 2163053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K039, Class A2, 3.30%, 07/25/24 (Call 08/25/24) | 263 |  | 257478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K040, Class A2, 3.24%, 09/25/24 (Call 10/25/24) | 1120 |  | 1093734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K041, Class A2, 3.17%, 10/25/24 (Call 11/25/24) | 1250 |  | 1218500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K043, Class A2, 3.06%, 12/25/24 (Call 01/25/25) | 1000 |  | 971264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K044, Class A2, 2.81%, 01/25/25 (Call 01/25/25) | 822 |  | 797831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K046, Class A2, 3.21%, 03/25/25 (Call 04/25/25) | 1785 |  | 1738483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K048, Class A1, 2.69%, 12/25/24 (Call 08/25/25) | 153 |  | 149318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K048, Class A2, 3.28%, 06/25/25 (Call 08/25/25)<sup>(a)</sup> | 1000 |  | 974845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K049, Class A2, 3.01%, 07/25/25 (Call 08/25/25) | 1800 |  | 1743238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K050, Class A2, 3.33%, 08/25/25 (Call 10/25/25)<sup>(a)</sup> | 2000 |  | 1950329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K051, Class A2, 3.31%, 09/25/25 (Call 10/25/25) | 2630 |  | 2562694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K052, Class A2, 3.15%, 11/25/25 (Call 01/25/26) | 800 |  | 776325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K053, Class A2, 3.00%, 12/25/25 (Call 01/25/26) | 1200 |  | 1159515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K054, Class A2, 2.75%, 01/25/26 (Call 02/25/26) | 700 |  | 671387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K055, Class A2, 2.67%, 03/25/26 (Call 04/25/26) | 500 |  | 478021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K056, Class A1, 2.20%, 07/25/25 (Call 06/25/26) | 133 |  | 129122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K057, Class A2, 2.57%, 07/25/26 (Call 08/25/26) | 1725 |  | 1639669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K058, Class A2, 2.65%, 08/25/26 (Call 09/25/26) | 1527 |  | 1452152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K059, Class A2, 3.12%, 09/25/26 (Call 10/25/26)<sup>(a)</sup> | 1780 |  | 1719338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K060, Class A2, 3.30%, 10/25/26 (Call 12/25/26) | 1046 |  | 1016520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K061, Class A2, 3.35%, 11/25/26 (Call 12/25/26)<sup>(a)</sup> | 1300 |  | 1264896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K062, Class A2, 3.41%, 12/25/26 (Call 01/25/27) | 1000 |  | 974851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K063, Class A2, 3.43%, 01/25/27 (Call 02/25/27)<sup>(a)</sup> | 1345 |  | 1311641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K064, Class A1, 2.89%, 10/25/26 (Call 05/25/27) | 621 |  | 601977 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K064, Class A2, 3.22%, 03/25/27 (Call 05/25/27) | 325 |  | 314498 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K065, Class A2, 3.24%, 04/25/27 (Call 07/25/27) | 1570 |  | 1519868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K067, Class A1, 2.90%, 03/25/27 (Call 09/25/27) | 717 |  | 693657 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K067, Class A2, 3.19%, 07/25/27 (Call 09/25/27) | 1600 |  | 1544740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K068, Class A2, 3.24%, 08/25/27 (Call 10/25/27) | 1000 |  | 967387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K069, Class A2, 3.19%, 09/25/27 (Call 10/25/27)<sup>(a)</sup> | 1000 |  | 964666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K070, Class A1, 3.03%, 04/25/27 (Call 12/25/27) | 1462 |  | 1418217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K070, Class A2, 3.30%, 11/25/27 (Call 12/25/27)<sup>(a)</sup> | 1541 |  | 1493738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K071, Class A2, 3.29%, 11/25/27 (Call 02/25/28) | 1500 |  | 1452467 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K073, Class A2, 3.35%, 01/25/28 (Call 10/25/28) | 1000 |  | 970692 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K074, Class A1, 3.60%, 09/25/27 (Call 07/25/28) | $467 | $— | 459162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K074, Class A2, 3.60%, 01/25/28 (Call 07/25/28) | 1000 |  | 981354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K075, Class A2, 3.65%, 02/25/28 (Call 05/25/28)<sup>(a)</sup> | 1000 |  | 983533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K076, Class A1, 3.73%, 12/25/27 (Call 05/25/28) | 967 |  | 950835 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K076, Class A2, 3.90%, 04/25/28 (Call 05/25/28) | 1025 |  | 1019194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K077, Class A2, 3.85%, 05/25/28 (Call 05/25/28)<sup>(a)</sup> | 1000 |  | 991592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K078, Class A2, 3.85%, 06/25/28 (Call 10/25/28) | 1140 |  | 1131070 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K079, Class A2, 3.93%, 06/25/28 (Call 07/25/28) | 2100 |  | 2088659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K080, Class A2, 3.93%, 07/25/28 (Call 08/25/28)<sup>(a)</sup> | 1700 |  | 1690666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K081, Class A2, 3.90%, 08/25/28 (Call 12/25/28)<sup>(a)</sup> | 1500 |  | 1489185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K082, Class A2, 3.92%, 09/25/28 (Call 10/25/28)<sup>(a)</sup> | 2310 |  | 2295642 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K083, Class A2, 4.05%, 09/25/28 (Call 10/25/28)<sup>(a)</sup> | 2600 |  | 2600671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K084, Class A2, 3.78%, 10/25/28 (Call 11/25/28)<sup>(a)</sup> | 1000 |  | 983594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K085, Class A2, 4.06%, 10/25/28 (Call 11/25/28)<sup>(a)</sup> | 1000 |  | 997577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K086, Class A2, 3.86%, 11/25/28 (Call 11/25/28)<sup>(a)</sup> | 1725 |  | 1708476 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K087, Class A2, 3.77%, 12/25/28 (Call 01/25/29) | 1571 |  | 1548894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K088, Class A1, 3.48%, 09/25/28 (Call 04/25/29) | 310 |  | 303469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K088, Class A2, 3.69%, 01/25/29 (Call 04/25/29) | 2010 |  | 1972421 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K089, Class A1, 3.34%, 10/25/28 (Call 04/25/29) | 2249 |  | 2189684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K089, Class A2, 3.56%, 01/25/29 (Call 04/25/29) | 1400 |  | 1364287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K091, Class A2, 3.51%, 03/25/29 (Call 10/25/29) | 2017 |  | 1958930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K092, Class A2, 3.30%, 04/25/29 (Call 07/25/29) | 1010 |  | 969168 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K094, Class A2, 2.90%, 06/25/29 (Call 11/25/29) | 2420 |  | 2266582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K095, Class A2, 2.79%, 06/25/29 (Call 01/25/30) | 675 |  | 627994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K096, Class A2, 2.52%, 07/25/29 (Call 07/25/29) | 1215 |  | 1111220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K097, Class A1, 2.16%, 05/25/29 (Call 12/25/29) | 957 |  | 890981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K097, Class A2, 2.51%, 07/25/29 (Call 12/25/29) | 2250 |  | 2055062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K098, Class A2, 2.43%, 08/25/29 (Call 08/25/29) | 500 |  | 453990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K100, Class A2, 2.67%, 09/25/29 (Call 10/25/29) | 1000 |  | 920621 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K101, Class A2, 2.52%, 10/25/29 (Call 01/25/30) | 250 |  | 227837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K102, Class A1, 2.18%, 05/25/29 (Call 04/25/30) | 935 |  | 870558 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K103, Class A2, 2.65%, 11/25/29 (Call 06/25/30) | 1220 |  | 1120009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K104, Class A2, 2.25%, 01/25/30 (Call 07/25/30) | 2005 |  | 1791731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K105, Class A2, 1.87%, 01/25/30 (Call 06/25/30) | 1485 |  | 1291195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K106, Class A1, 1.78%, 10/25/29 (Call 02/25/30) | 1454 |  | 1314590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K106, Class A2, 2.07%, 01/25/30 (Call 02/25/30) | 2250 |  | 1981875 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K107, Class A2, 1.64%, 01/25/30 (Call 02/25/30) | 1250 |  | 1070780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K108, Class A2, 1.52%, 03/25/30 (Call 03/25/30) | 2153 |  | 1823714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K109, Class A2, 1.56%, 04/25/30 (Call 04/25/30) | 3000 |  | 2540064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K110, Class A1, 1.02%, 09/25/29 (Call 05/25/30) | 975 |  | 846099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K110, Class A2, 1.48%, 04/25/30 (Call 05/25/30) | 1640 |  | 1381984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K111, Class A2, 1.35%, 05/25/30 (Call 07/25/30) | 1500 |  | 1248350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K114, Class A2, 1.37%, 06/25/30 (Call 06/25/30) | 760 |  | 630810 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K115, Class A2, 1.38%, 06/25/30 (Call 07/25/30) | 1000 |  | 831392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K116, Class A2, 1.38%, 07/25/30 (Call 09/25/30) | 2000 |  | 1659790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K117, Class A2, 1.41%, 08/25/30 (Call 10/25/30) | 1500 |  | 1244527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K118, Class A1, 0.79%, 03/25/30 (Call 09/25/30) | 1895 |  | 1637738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K118, Class A2, 1.49%, 09/25/30 (Call 09/25/30) | 2500 |  | 2084923 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K119, Class A2, 1.57%, 09/25/30 (Call 10/25/30) | 3000 |  | 2513936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K120, Class A2, 1.50%, 10/25/30 (Call 10/25/30) | 3200 |  | 2662457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K121, Class A2, 1.55%, 10/25/30 (Call 03/25/31) | 1500 |  | 1252345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K123, Class A2, 1.62%, 12/25/30 (Call 01/25/31) | 600 |  | 502784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K124, Class A2, 1.66%, 12/25/30 (Call 01/25/31) | 2300 |  | 1930526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K125, Class A2, 1.85%, 01/25/31 (Call 01/25/31) | 3000 |  | 2553041 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K126, Class A2, 2.07%, 01/25/31 (Call 05/25/31) | 3866 |  | 3349045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K127, Class A2, 2.11%, 01/25/31 (Call 02/25/31) | 1500 |  | 1301728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K128, Class A2, 2.02%, 03/25/31 (Call 03/25/31) | 1000 |  | 861651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K130, Class A2, 1.72%, 06/25/31 (Call 07/25/31) | 2500 |  | 2093348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K131, Class A2, 1.85%, 07/25/31 (Call 09/25/31) | 3000 |  | 2536247 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K132, Class A2, 2.02%, 08/25/31 (Call 12/25/31) | 1000 |  | 853679 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K133, Class A2, 2.10%, 09/25/31 (Call 10/25/31) | $1000 | $858180 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K135, Class A1, 1.61%, 10/25/30 (Call 11/25/31) | 1209 | 1063440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K135, CLASS A2, 2.15%, 10/25/31 (Call 11/25/31)<sup>(a)</sup> | 2800 | 2413553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K136, Class A2, 2.13%, 11/25/31 (Call 12/25/31) | 2000 | 1718024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K139, Class A2, 2.59%, 01/25/32 (Call 02/25/32)<sup>(a)</sup> | 2000 | 1781314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K142, Class A2, 2.40%, 03/25/32 (Call 03/25/32) | 1000 | 875269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K150, 3.71%, 09/25/32 (Call 10/25/32)<sup>(a)</sup> | 2000 | 1945489 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K1510, Class A2, 3.72%, 01/25/31 (Call 01/25/34) | 250 | 243396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K1510, Class A3, 3.79%, 01/25/34 (Call 01/25/34) | 500 | 483918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1511, Class A2, 3.47%, 03/25/31 (Call 04/25/34) | 1000 | 959059 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1512, Class A2, 2.99%, 05/25/31 (Call 10/25/34) | 730 | 676474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1512, Class A3, 3.06%, 04/25/34 (Call 10/25/34) | 450 | 403957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1513, Class A3, 2.80%, 08/25/34 (Call 12/25/34) | 1015 | 887146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1514, Class A2, 2.86%, 10/25/34 (Call 10/25/34) | 1000 | 872551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1516, Class A2, 1.72%, 05/25/35 (Call 10/25/35) | 1825 | 1390280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1517, Class A2, 1.72%, 07/25/35 (Call 08/25/35) | 500 | 383093 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1518, Class A2, 1.86%, 10/25/35 (Call 10/25/35) | 2500 | 1922954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K152, Class A1, 2.83%, 05/25/30 (Call 04/25/31) | 1119 | 1063252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K152, Class A2, 3.08%, 01/25/31 (Call 04/25/31) | 250 | 234004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1520, Class A2, 2.44%, 02/25/36 (Call 04/25/36) | 1000 | 818130 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K-1521, Class A2, 2.18%, 08/25/36 (Call 09/25/36) | 1000 | 782988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K153, Class A3, 3.12%, 10/25/31 (Call 02/25/32)<sup>(a)</sup> | 500 | 465952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K154, Class A3, 3.46%, 11/25/32 (Call 12/25/32) | 1345 | 1280106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K155, Class A1, 3.75%, 11/25/29 (Call 05/25/33) | 461 | 455269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K156, Class A3, 3.70%, 06/25/33 (Call 07/25/33)<sup>(a)</sup> | 500 | 483804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K157, Class A2, 3.99%, 05/25/33 (Call 09/25/33)<sup>(a)</sup> | 1076 | 1068540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K159, Class A1, 3.95%, 12/25/29 (Call 11/25/33) | 1483 | 1474910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K159, Class A2, 3.95%, 11/25/30 (Call 11/25/33)<sup>(a)</sup> | 833 | 824185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K159, Class A3, 3.95%, 11/25/33 (Call 11/25/33)<sup>(a)</sup> | 1000 | 984219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K725, Class A2, 3.00%, 01/25/24 (Call 05/25/24) | 984 | 969735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K727, Class A2, 2.95%, 07/25/24 (Call 10/25/24) | 862 | 843830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K728, Class A2, 3.06%, 08/25/24 (Call 11/25/24)<sup>(a)</sup> | 976 | 955232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K729, Class A1, 2.95%, 02/25/24 (Call 11/25/24) | 90 | 90293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K730, Class A2, 3.59%, 01/25/25 (Call 02/25/25)<sup>(a)</sup> | 1927 | 1892394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K731, Class A2, 3.60%, 02/25/25 (Call 05/25/25)<sup>(a)</sup> | 986 | 968741 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par/<br> Shares <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K734, Class A2, 3.21%, 02/25/26 (Call 07/25/26) | $1000 | $971057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K735, Class A2, 2.86%, 05/25/26 (Call 06/25/26) | 1987 | 1908034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K737, Class AM, 2.10%, 10/25/26 (Call 12/25/26) | 300 | 278403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K739, Class A2, 1.34%, 09/25/27 (Call 09/25/27) | 2150 | 1917503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K740, Class A2, 1.47%, 09/25/27 (Call 10/25/27) | 2000 | 1785774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K741, Class A2, 1.60%, 12/25/27 (Call 12/25/27) | 1120 | 1002660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K742, Class A2, 1.76%, 03/25/28 (Call 04/25/28) | 1000 | 898630 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K742, Class AM, 1.37%, 04/25/28 (Call 04/25/28) | 1400 | 1222358 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K745, Class A2, 1.66%, 08/25/28 (Call 09/25/28) | 2000 | 1765337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series KS03, Class A4, 3.16%, 05/25/25 (Call 08/25/25)<sup>(a)</sup> | 1000 | 975495 |
|  |  | 227282025 |
| **Total U.S. Government Agency Obligations — 40.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Cost: $251,317,891)** |  | 227282025 |
| **Total Long-Term Investments — 99.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Cost: $618,362,504)** |  | 554995641 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 0.5%** |  |  |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 4.18%<sup>(b)(c)</sup> | 2930 | 2930000 |
| **Total Short-Term Securities — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Cost: $2,930,000)** |  | 2930000 |
| **Total Investments — 99.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Cost: $621,292,504)** |  | 557925641 |
| **Other Assets Less Liabilities — 0.1%** |  | 318172 |
| **Net Assets — 100.0%** |  | $558243813 |

---

<sup>(a)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

<sup>(b)</sup> Affiliate of the Fund.

<sup>(c)</sup> Annualized 7-day yield as of period end.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at <br> 10/31/22* | *Purchases <br> at Cost* | *Proceeds <br> from Sale* | *Net Realized <br> Gain (Loss)* | *Change in <br> Unrealized <br> Appreciation <br> (Depreciation)* | *Value at <br> 01/31/23* | *Shares <br> Held at <br> 01/31/23 <br> (000)* | *Income* | *Capital Gain <br> Distributions from <br> Underlying Funds* |
| BlackRock Cash Funds: Treasury, SL Agency Shares | $1600000 | $1330000 <sup>(a)</sup> | $– $|  | $— | $2930000 | 2930 | $21644 | $1 |

---

<sup>(a)</sup> Represents net amount purchased (sold).

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **CMBS ETF** |
| January 31, 2023 |  |

---

**Fair Value Hierarchy as of Period End (continued)**

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collaterized Mortgage Obligations | $— | $327713616 | $— | $327713616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government & Agency Obligations |  | 227282025 |  | 227282025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 2930000 |  |  | 2930000 |
|  | $2930000 | $554995641 | $— | $557925641 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares CMBS ETF

- **b. EDGAR series identifier (if any):** S000035914

- **c. LEI of Series:** 5493008QF1WFU4PEB467

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $558368643.44

**Total Liabilities:** $124404.48

**Net Assets:** $558244238.96

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 72.47000000 | **1-Year:** 18244.01000000 | **5-Year:** 190879.76000000 | **10-Year:** 43427.03000000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000110079 | 2.61%                | -0.04%               | 2.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6149235.53             | $19422366.07                               |
| Month 2  | $-109804.21              | $-1381836.03                               |
| Month 3  | $-1979120.90             | $15674009.65                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28        | CUSIP: 61766LBS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $956159.83    | 0.17%             | 2049-01-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BMST6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $840399.05    | 0.15%             | 2031-12-25      | Variable      | 1.94%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK4                                                     | CUSIP: 06541FBD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $464985.92    | 0.08%             | 2050-05-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14        | CUSIP: 61690GAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $195031.97    | 0.03%             | 2047-02-15      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C17                                      | CUSIP: 054976AL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    847000 | PA      | $720550.25    | 0.13%             | 2055-09-15      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B16 Mortgage Trust                                  | CUSIP: 08161NAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $862639.75    | 0.15%             | 2053-02-15      | Variable      | 2.94%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BQYR2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    132669 | PA      | $129121.76    | 0.02%             | 2025-07-25      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2015-JP1      | CUSIP: 46590KAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $716618.81    | 0.13%             | 2049-01-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Trust 2021-C10                                               | CUSIP: 05551VBN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $750679.16    | 0.13%             | 2054-07-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F62M8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2084923.15   | 0.37%             | 2030-09-25      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B18 Mortgage Trust                                  | CUSIP: 08163AAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    430000 | PA      | $350583.31    | 0.06%             | 2053-07-15      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B6WY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $895182.44    | 0.16%             | 2031-02-25      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2017-C6                              | CUSIP: 90276UBC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $464714.72    | 0.08%             | 2050-12-15      | Variable      | 3.93%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK4                                                     | CUSIP: 06541FBF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    485000 | PA      | $424590.86    | 0.08%             | 2050-05-15      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| BANK 2021-BN35                                       | BANK 2021-BNK35                                                    | CUSIP: 06540CBS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $734438.74    | 0.13%             | 2064-06-15      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2013-C14                | CUSIP: 46640LAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2046-08-15      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2016-LC24                    | CUSIP: 95000HBF8<br>LEI: 5493007OD9MH69ES1S63 | Long             | ABS-MBS          | CORP              | US        |   1680000 | PA      | $1572434.59   | 0.28%             | 2049-10-15      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F9CT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2300000 | PA      | $1930526.34   | 0.35%             | 2030-12-25      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B26 Mortgage Trust                                  | CUSIP: 08163EBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1284123.42   | 0.23%             | 2054-06-15      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK23                                                    | CUSIP: 06541RBB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $897512.35    | 0.16%             | 2052-12-15      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-UBS6 Mortgage Trust                                      | CUSIP: 12592PBF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $484927.03    | 0.09%             | 2047-12-10      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BRQJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1725000 | PA      | $1639668.92   | 0.29%             | 2026-07-25      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B23 Mortgage Trust                                  | CUSIP: 08162RAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $402550.32    | 0.07%             | 2054-02-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CCRE16 Mortgage Trust                                    | CUSIP: 12591VAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     38118 | PA      | $37731.38     | 0.01%             | 2047-04-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2018-COR3 Mortgage Trust                                      | CUSIP: 12595VAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $447028.99    | 0.08%             | 2051-05-10      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C20        | CUSIP: 61764RBH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $473523.01    | 0.08%             | 2048-02-15      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2016-GS2                              | CUSIP: 36252TAR6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1170000 | PA      | $1104029.41   | 0.20%             | 2049-05-10      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B8TG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2317138 | PA      | $2066320.50   | 0.37%             | 2030-01-25      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mortgage Trust            | Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10 | CUSIP: 06054MAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $757338.55    | 0.14%             | 2049-07-15      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B3J50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1842643 | PA      | $1806856.17   | 0.32%             | 2028-11-25      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AVYL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    643290 | PA      | $606774.39    | 0.11%             | 2026-12-25      | Variable      | 2.47%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BPVM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1119343 | PA      | $1063252.02   | 0.19%             | 2030-05-25      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BGK24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $971263.93    | 0.17%             | 2024-12-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQXK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $278403.49    | 0.05%             | 2026-10-25      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B13 Mortgage Trust                                  | CUSIP: 08162DAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $405169.20    | 0.07%             | 2057-08-15      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C44                     | CUSIP: 95001JAW7<br>LEI: 549300AGZIS1CJS4RM30 | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1199128.24   | 0.21%             | 2051-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2015-C33                | CUSIP: 46645JAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $968535.92    | 0.17%             | 2048-12-15      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTZP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    974945 | PA      | $846099.45    | 0.15%             | 2029-09-25      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AUG21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    766661 | PA      | $723045.45    | 0.13%             | 2026-10-25      | Variable      | 2.41%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2020-C6                                       | CUSIP: 05492TBP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1317578.66   | 0.24%             | 2053-02-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F72P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3200000 | PA      | $2662457.44   | 0.48%             | 2030-10-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRUS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1453593 | PA      | $1314590.40   | 0.24%             | 2029-10-25      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-IG1 Mortgage Trust                                  | CUSIP: 08162LAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1750000 | PA      | $1485114.70   | 0.27%             | 2043-09-15      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2013-LC12                    | CUSIP: 94988QAN1<br>LEI: 549300V2DF3KW9L1CV04 | Long             | ABS-MBS          | CORP              | US        |    473000 | PA      | $443345.13    | 0.08%             | 2046-07-15      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK8                                                     | CUSIP: 06650AAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    683333 | PA      | $637531.90    | 0.11%             | 2050-11-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP3      | CUSIP: 46590RAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $894925.26    | 0.16%             | 2049-08-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2022-C62                     | CUSIP: 95003MBS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $472046.09    | 0.08%             | 2055-04-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Trust 2021-C10                                               | CUSIP: 05551VBM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $832805.86    | 0.15%             | 2054-07-15      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-PC1 Mortgage Trust                                       | CUSIP: 12593GAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     87308 | PA      | $85492.75     | 0.02%             | 2050-07-10      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2015-C31                | CUSIP: 46644YAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    946261 | PA      | $914621.20    | 0.16%             | 2048-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK4                                                     | CUSIP: 06541FAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    245509 | PA      | $237248.08    | 0.04%             | 2050-05-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F4D41<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $981354.44    | 0.18%             | 2028-01-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK7                                                     | CUSIP: 06541XAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $207938.14    | 0.04%             | 2060-09-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2015-C28                | CUSIP: 46644FAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    197728 | PA      | $192531.38    | 0.03%             | 2048-10-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2015-C4 Commercial Mortgage Trust                            | CUSIP: 12635RAX6<br>LEI: 54930025J96YEH8FQE77 | Long             | ABS-MBS          | CORP              | US        |   1464000 | PA      | $1414218.54   | 0.25%             | 2048-11-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FCM35<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     90293 | PA      | $90292.80     | 0.02%             | 2024-02-25      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AVY52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    709592 | PA      | $670858.74    | 0.12%             | 2026-12-25      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22        | CUSIP: 61690FAM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $958695.51    | 0.17%             | 2048-04-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2014-C24                           | CUSIP: 92939KAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $96888.43     | 0.02%             | 2047-11-15      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B27L0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    408838 | PA      | $400156.29    | 0.07%             | 2028-08-25      | Variable      | 3.58%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BSRE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1780000 | PA      | $1719338.10   | 0.31%             | 2026-09-25      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2021-C59                     | CUSIP: 95003CAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    459000 | PA      | $411720.82    | 0.07%             | 2054-04-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BLW22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1642067.86   | 0.29%             | 2031-11-25      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B5NV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1175000 | PA      | $1097551.09   | 0.20%             | 2029-06-25      | Variable      | 2.89%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C17                                      | CUSIP: 054976AD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1912850.24   | 0.34%             | 2055-09-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK16                                                    | CUSIP: 065405AE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2100000 | PA      | $2022718.93   | 0.36%             | 2052-02-15      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-NXS4                    | CUSIP: 94989XBC8<br>LEI: 549300RD723OFH36TP29 | Long             | ABS-MBS          | CORP              | US        |   1920000 | PA      | $1854866.55   | 0.33%             | 2048-12-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FPHK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $453990.44    | 0.08%             | 2029-08-25      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B25 Mortgage Trust                                  | CUSIP: 08163DAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1706564.84   | 0.31%             | 2054-04-15      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2017-JP6                | CUSIP: 48128KAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $369205.23    | 0.07%             | 2050-07-15      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2017-JP7                | CUSIP: 465968AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $942053.93    | 0.17%             | 2050-09-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BLAC2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $974844.87    | 0.17%             | 2025-06-25      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C53                     | CUSIP: 95002BAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1260518.38   | 0.23%             | 2052-10-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2021-C12                                      | CUSIP: 05552XBN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1089638.81   | 0.20%             | 2054-11-15      | Variable      | 3.21%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BEVH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1120000 | PA      | $1093734.40   | 0.20%             | 2024-09-25      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP2      | CUSIP: 46590MAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $637610.62    | 0.11%             | 2049-08-15      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4R28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1209155 | PA      | $1063440.43   | 0.19%             | 2030-10-25      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C42                     | CUSIP: 95001GAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1181319.06   | 0.21%             | 2050-12-15      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6LN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1781313.72   | 0.32%             | 2032-01-25      | Variable      | 2.59%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FBU79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $964665.93    | 0.17%             | 2027-09-25      | Variable      | 3.19%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | Bank 2019-BNK19                                                    | CUSIP: 06540WBD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    497000 | PA      | $452829.32    | 0.08%             | 2061-08-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQ3Z4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $227836.77    | 0.04%             | 2029-10-25      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-UBS4 Mortgage Trust                                      | CUSIP: 12591QAQ5<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $243613.14    | 0.04%             | 2047-08-10      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-UBS5 Mortgage Trust                                      | CUSIP: 12592KBC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    730000 | PA      | $710464.63    | 0.13%             | 2047-09-10      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKZZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2010000 | PA      | $1972420.54   | 0.35%             | 2029-01-25      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2014-GC25                      | CUSIP: 17322YAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    953000 | PA      | $908582.04    | 0.16%             | 2047-10-10      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2016-C6 Commercial Mortgage Trust                            | CUSIP: 12636MAL2<br>LEI: 549300C2HE5FJAWYZL57 | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $309049.68    | 0.06%             | 2049-01-15      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AK2E2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    590907 | PA      | $579885.48    | 0.10%             | 2024-08-25      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B7 Mortgage Trust                                   | CUSIP: 08162TBE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $379315.57    | 0.07%             | 2053-05-15      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C25                | CUSIP: 46643PBK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    185000 | PA      | $174896.01    | 0.03%             | 2047-11-15      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BLW95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1950328.54   | 0.35%             | 2025-08-25      | Variable      | 3.33%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FMTY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2420000 | PA      | $2266582.41   | 0.41%             | 2029-06-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C45                     | CUSIP: 95001NBB3<br>LEI: 5493006021R83VCLAO08 | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $330708.45    | 0.06%             | 2051-06-15      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE25 Mortgage Trust                                    | CUSIP: 12593PAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $724796.18    | 0.13%             | 2048-08-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FK4M5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $997576.87    | 0.18%             | 2028-10-25      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2020-C19 Commercial Mortgage Trust                           | CUSIP: 12597NAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $430138.44    | 0.08%             | 2053-03-15      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2015-C3 Commercial Mortgage Trust                            | CUSIP: 12635FAT1<br>LEI: 549300ZAGI6FKGY8O078 | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $627764.31    | 0.11%             | 2048-08-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2015-UBS8                           | CUSIP: 61691ABN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $229382.29    | 0.04%             | 2048-12-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK21                                                    | CUSIP: 06540BBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $888164.27    | 0.16%             | 2052-10-17      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK23                                                    | CUSIP: 06541RBG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $399094.56    | 0.07%             | 2052-12-15      | Variable      | 3.51%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AY6X6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    931594 | PA      | $892864.59    | 0.16%             | 2027-09-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2016-C7 Commercial Mortgage Trust                            | CUSIP: 12637UAV1<br>LEI: 5493006MX7HG5PC85C29 | Long             | ABS-MBS          | CORP              | US        |    193092 | PA      | $183999.60    | 0.03%             | 2049-11-15      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BM7C4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2630000 | PA      | $2562694.46   | 0.46%             | 2025-09-25      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2020-GC45                             | CUSIP: 36258YBF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    775000 | PA      | $680818.57    | 0.12%             | 2053-02-13      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F9Z79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2553040.80   | 0.46%             | 2031-01-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Commercial Mortgage Trust              | DBJPM 16-C1 Mortgage Trust                                         | CUSIP: 23312LAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    357440 | PA      | $344822.40    | 0.06%             | 2049-05-10      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6LZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    165000 | PA      | $142746.07    | 0.03%             | 2032-01-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2019-CD8 Mortgage Trust                                         | CUSIP: 12515BAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $894556.89    | 0.16%             | 2057-08-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Commercial Mortgage Trust              | DBJPM 16-C1 Mortgage Trust                                         | CUSIP: 23312LAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    468000 | PA      | $391859.01    | 0.07%             | 2049-05-10      | Variable      | 3.32%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C50                     | CUSIP: 95001XBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $706671.95    | 0.13%             | 2052-05-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FUZC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1248349.77   | 0.22%             | 2030-05-25      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C42                     | CUSIP: 95001GAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $440274.70    | 0.08%             | 2050-12-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2015-GC29                      | CUSIP: 17323VBE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $231967.42    | 0.04%             | 2048-04-10      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B9KC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $857655.21    | 0.15%             | 2030-05-25      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD6 Mortgage Trust                                         | CUSIP: 125039AK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $433745.96    | 0.08%             | 2050-11-13      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B27 Mortgage Trust                                  | CUSIP: 08163HAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $404183.96    | 0.07%             | 2054-07-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2016-C7 Commercial Mortgage Trust                            | CUSIP: 12637UBA6<br>LEI: 5493006MX7HG5PC85C29 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $924332.52    | 0.17%             | 2049-11-15      | Variable      | 3.96%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C31                     | CUSIP: 94989WAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $481668.88    | 0.09%             | 2048-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2014 C19        | CUSIP: 61764PBU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1275177 | PA      | $1234643.60   | 0.22%             | 2047-12-15      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Trust 2021-C10                                               | CUSIP: 05551VBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1750000 | PA      | $1494768.38   | 0.27%             | 2054-07-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B3 Mortgage Trust                                   | CUSIP: 08161BAX1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700000 | PA      | $1620717.25   | 0.29%             | 2051-04-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32        | CUSIP: 61691GAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $955422.12    | 0.17%             | 2049-12-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4BY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1150000 | PA      | $1034334.81   | 0.19%             | 2028-09-25      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BXQY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    325000 | PA      | $314497.68    | 0.06%             | 2027-03-25      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B22 Mortgage Trust                                  | CUSIP: 08163BBA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $820192.13    | 0.15%             | 2054-01-15      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B2 Mortgage Trust                                   | CUSIP: 08161CAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $934134.49    | 0.17%             | 2051-02-15      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD5 Mortgage Trust                                         | CUSIP: 12515HAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $705951.08    | 0.13%             | 2050-08-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-UBS4 Mortgage Trust                                      | CUSIP: 12591QAR3<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $486752.14    | 0.09%             | 2047-08-10      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C15 Commercial Mortgage Trust                           | CUSIP: 22945DAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $886412.76    | 0.16%             | 2052-03-15      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B75M9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4530000 | PA      | $4095033.84   | 0.73%             | 2029-10-25      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK10                                                    | CUSIP: 065404BE4<br>LEI: 549300GL0Y86051URC66 | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $690834.30    | 0.12%             | 2061-02-15      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C14                                      | CUSIP: 07336AAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1314039.33   | 0.24%             | 2055-02-15      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2019-GSA1                             | CUSIP: 36261PAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $386380.79    | 0.07%             | 2052-11-10      | Variable      | 3.81%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK4                                                     | CUSIP: 06541FBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $951852.33    | 0.17%             | 2050-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B29 Mortgage Trust                                  | CUSIP: 08163JAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1740000 | PA      | $1554742.18   | 0.28%             | 2054-09-15      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C13        | CUSIP: 61763BAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $221280.09    | 0.04%             | 2046-11-15      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2015-MS1                            | CUSIP: 61765DAU2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $483620.46    | 0.09%             | 2048-05-15      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FMU67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1986678 | PA      | $1908033.86   | 0.34%             | 2026-05-25      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C28                     | CUSIP: 94989JBB1<br>LEI: 549300S7ENI2U7O0XH56 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $237368.72    | 0.04%             | 2048-05-15      | Variable      | 3.87%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B8TH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $884781.96    | 0.16%             | 2030-01-25      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FCJJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1462029 | PA      | $1418216.81   | 0.25%             | 2027-04-25      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B16 Mortgage Trust                                  | CUSIP: 08161NAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    990000 | PA      | $872022.65    | 0.16%             | 2053-02-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2018-C15                             | CUSIP: 90278LBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $704989.60    | 0.13%             | 2051-12-15      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2015-GC35                      | CUSIP: 17324KAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    299540 | PA      | $292654.94    | 0.05%             | 2048-11-10      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2015-JP1      | CUSIP: 46590KAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $962930.20    | 0.17%             | 2049-01-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B34 Mortgage Trust                                  | CUSIP: 08161YBG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1394799.15   | 0.25%             | 2055-04-15      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2015-P1                        | CUSIP: 17324DAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    356000 | PA      | $343525.03    | 0.06%             | 2048-09-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE22 Mortgage Trust                                    | CUSIP: 12592XBF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $188816.35    | 0.03%             | 2048-03-10      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B8 Mortgage Trust                                   | CUSIP: 08162UAW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $970563.53    | 0.17%             | 2052-01-15      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AMLX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    322749 | PA      | $313375.53    | 0.06%             | 2024-12-25      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2013-C14                | CUSIP: 46640LAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $492319.72    | 0.09%             | 2046-08-15      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2016-BNK2                           | CUSIP: 61690YBU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1167377.33   | 0.21%             | 2049-11-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | Barclays Commercial Mortgage Trust 2019-C5                         | CUSIP: 05492JAT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    678000 | PA      | $651406.23    | 0.12%             | 2052-11-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2014-GC20                             | CUSIP: 36252WBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $239071.81    | 0.04%             | 2047-04-10      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F8ZV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    600000 | PA      | $502783.64    | 0.09%             | 2030-12-25      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKUP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1571000 | PA      | $1548894.11   | 0.28%             | 2028-12-25      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9C98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1945489.28   | 0.35%             | 2032-09-25      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FGZT5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2100000 | PA      | $2088658.87   | 0.37%             | 2028-06-25      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2022-BNK40                                                    | CUSIP: 06541LBG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $911043.85    | 0.16%             | 2064-03-15      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CCRE19 Mortgage Trust                                    | CUSIP: 12592GBG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    850000 | PA      | $820065.71    | 0.15%             | 2047-08-10      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK25                                                    | CUSIP: 06539WAY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $903626.14    | 0.16%             | 2063-01-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22        | CUSIP: 61690FAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $223446.09    | 0.04%             | 2048-04-15      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4KB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2416773 | PA      | $2329530.86   | 0.42%             | 2029-02-25      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2015-GC30                             | CUSIP: 36250GAQ8<br>LEI: 549300L45M7638EL0H21 | Long             | ABS-MBS          | CORP              | US        |    188543 | PA      | $184334.41    | 0.03%             | 2050-05-10      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-LC17 Mortgage Trust                                      | CUSIP: 12592MBK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    675000 | PA      | $658266.51    | 0.12%             | 2047-10-10      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BJRY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1657812.34   | 0.30%             | 2031-10-25      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-LC22                    | CUSIP: 94989TAZ7<br>LEI: 549300XO83D3BDYP0P62 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $967217.54    | 0.17%             | 2058-09-15      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2014-GC18                             | CUSIP: 36252RAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $632174.23    | 0.11%             | 2047-01-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FNAE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    675000 | PA      | $627993.97    | 0.11%             | 2029-06-25      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BDCW4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    263000 | PA      | $257477.90    | 0.05%             | 2024-07-25      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AY6S7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    595444 | PA      | $580431.94    | 0.10%             | 2024-11-25      | Variable      | 2.56%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE25 Mortgage Trust                                    | CUSIP: 12593PAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $280273.10    | 0.05%             | 2048-08-10      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2022-BNK41                                                    | CUSIP: 06540MBH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1410917.57   | 0.25%             | 2065-04-15      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2020-HR8                            | CUSIP: 61692BBP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1120000 | PA      | $931474.56    | 0.17%             | 2053-07-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FEZU7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1025000 | PA      | $1019194.36   | 0.18%             | 2028-04-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD3 Mortgage Trust                                         | CUSIP: 12515GAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $231610.19    | 0.04%             | 2050-02-10      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FMTS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    730000 | PA      | $676473.71    | 0.12%             | 2031-05-25      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP4      | CUSIP: 46645UAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1090000 | PA      | $1042349.51   | 0.19%             | 2049-12-15      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F4WZ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    986279 | PA      | $968740.54    | 0.17%             | 2025-02-25      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | Csail 2015-C2 Commercial Mortgage Trust                            | CUSIP: 12634NAT5<br>LEI: 549300D5DIOOMKWXVZ20 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $480621.60    | 0.09%             | 2057-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2020-L4                             | CUSIP: 61770KAX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1314404.19   | 0.24%             | 2053-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2016-UB11                           | CUSIP: 61767FBA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $928580.87    | 0.17%             | 2049-08-15      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24        | CUSIP: 61765LAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    950000 | PA      | $917513.08    | 0.16%             | 2048-05-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2020-C7                                       | CUSIP: 05492VAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $247511.06    | 0.04%             | 2053-04-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H73P6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $875269.34    | 0.16%             | 2032-03-25      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BVZ82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1345000 | PA      | $1311640.83   | 0.23%             | 2027-01-25      | Variable      | 3.43%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2016-NXS6                    | CUSIP: 95000KBG9<br>LEI: 549300CFP9NBBMZH1008 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $449303.74    | 0.08%             | 2049-11-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FWHF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $383092.57    | 0.07%             | 2035-07-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2020-GC46                      | CUSIP: 17328RBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    234000 | PA      | $190929.70    | 0.03%             | 2053-02-15      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2019-C16                             | CUSIP: 90276YAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1592158 | PA      | $1413360.20   | 0.25%             | 2052-04-15      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE24 Mortgage Trust                                    | CUSIP: 12593JBL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $167894.23    | 0.03%             | 2048-08-10      | Variable      | 3.46%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B11 Mortgage Trust                                  | CUSIP: 08162BBJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $451273.30    | 0.08%             | 2052-05-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B3 Mortgage Trust                                   | CUSIP: 08161BAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $968794.54    | 0.17%             | 2051-04-10      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BTUM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1300000 | PA      | $1264895.92   | 0.23%             | 2026-11-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B14 Mortgage Trust                                  | CUSIP: 08162YAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $452006.14    | 0.08%             | 2062-12-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                      | CFCRE Commercial Mortgage Trust 2016-C4                            | CUSIP: 12531YAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1650000 | PA      | $1557762.95   | 0.28%             | 2058-05-10      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2015-GC32                             | CUSIP: 36250PAL9<br>LEI: 54930066YOFVQE068N73 | Long             | ABS-MBS          | CORP              | US        |    804000 | PA      | $733480.81    | 0.13%             | 2048-07-10      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AMKZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    503383 | PA      | $489980.93    | 0.09%             | 2024-09-25      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Commercial Mortgage Trust              | DBJPM 2017-C6 Mortgage Trust                                       | CUSIP: 23312JAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560457 | PA      | $543055.95    | 0.10%             | 2050-06-10      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | Comm 2014-UBS2 Mortgage Trust                                      | CUSIP: 12591UAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $412804.68    | 0.07%             | 2047-03-10      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F72B0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1785773.88   | 0.32%             | 2027-09-25      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C58                     | CUSIP: 95002UAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $826806.43    | 0.15%             | 2053-07-15      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2016-C33                     | CUSIP: 95000LAZ6<br>LEI: 549300JPCJUA5JJLRW54 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $955425.22    | 0.17%             | 2059-03-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2015-C29                | CUSIP: 46644RBE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $227741.95    | 0.04%             | 2048-05-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2016-C1                 | CUSIP: 46645LAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    822000 | PA      | $788396.33    | 0.14%             | 2049-03-17      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AQSZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    507684 | PA      | $490161.34    | 0.09%             | 2025-10-25      | Variable      | 2.92%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18        | CUSIP: 61763XAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    329302 | PA      | $320619.08    | 0.06%             | 2047-10-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B9 Mortgage Trust                                   | CUSIP: 08160JAK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $213333.38    | 0.04%             | 2052-03-15      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B33 Mortgage Trust                                  | CUSIP: 08163PBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $909551.73    | 0.16%             | 2055-03-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B19 Mortgage Trust                                  | CUSIP: 08162WBG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $350918.75    | 0.06%             | 2053-09-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK7                                                     | CUSIP: 06541XAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $493844.60    | 0.09%             | 2060-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQJZ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $872550.99    | 0.16%             | 2034-10-25      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C27                     | CUSIP: 94989DBB4<br>LEI: 5493001SKB2HKIF64L70 | Long             | ABS-MBS          | CORP              | US        |    330000 | PA      | $304024.89    | 0.05%             | 2048-02-15      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B3XY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2695668 | PA      | $2635758.95   | 0.47%             | 2028-09-25      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AR5S3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $949267.98    | 0.17%             | 2026-04-25      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2016-CR28 Mortgage Trust                                      | CUSIP: 12593YBM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    604000 | PA      | $553187.01    | 0.10%             | 2049-02-10      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2016-GS3                              | CUSIP: 36251PAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    780000 | PA      | $725241.64    | 0.13%             | 2049-10-10      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE24 Mortgage Trust                                    | CUSIP: 12593JBJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $703757.21    | 0.13%             | 2048-08-10      | Variable      | 4.34%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B17 Mortgage Trust                                  | CUSIP: 08162MAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $936035.78    | 0.17%             | 2053-03-15      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C28                     | CUSIP: 94989JAZ9<br>LEI: 549300S7ENI2U7O0XH56 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $482788.43    | 0.09%             | 2048-05-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C21                | CUSIP: 46642EAX4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    489888 | PA      | $478262.56    | 0.09%             | 2047-08-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C31                     | CUSIP: 94989WAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $410650.75    | 0.07%             | 2048-11-15      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2014-C22                           | CUSIP: 92890KBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $388869.07    | 0.07%             | 2057-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H8BK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2296147.50   | 0.41%             | 2032-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BBBD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    499187 | PA      | $490764.19    | 0.09%             | 2024-03-25      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B1 Mortgage Trust                                   | CUSIP: 08162PAZ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $468157.05    | 0.08%             | 2051-01-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B10 Mortgage Trust                                  | CUSIP: 08162VAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $744478.32    | 0.13%             | 2062-03-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B32 Mortgage Trust                                  | CUSIP: 08163NBJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $872672.01    | 0.16%             | 2055-01-15      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2016-UBS12                          | CUSIP: 61691EBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1426835.18   | 0.26%             | 2049-12-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30        | CUSIP: 61766NBB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $464880.22    | 0.08%             | 2049-09-15      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2019-C7                        | CUSIP: 17328CAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1807731.40   | 0.32%             | 2072-12-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FJEH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1489185.14   | 0.27%             | 2028-08-25      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FVNG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    760000 | PA      | $630809.56    | 0.11%             | 2030-06-25      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| DBGS Mortgage Trust                                  | DBGS 2018-C1 Mortgage Trust                                        | CUSIP: 23307DBA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1368197.10   | 0.25%             | 2051-10-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2016-LC25                    | CUSIP: 95000JBA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198000 | PA      | $177866.64    | 0.03%             | 2059-12-15      | Variable      | 4.34%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H8U90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1913612.04   | 0.34%             | 2032-07-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FDET5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1345000 | PA      | $1280105.93   | 0.23%             | 2032-11-25      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2018-GS9                              | CUSIP: 36255NAT2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $962679.35    | 0.17%             | 2051-03-10      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CCRE19 Mortgage Trust                                    | CUSIP: 12592GBD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    438466 | PA      | $428160.85    | 0.08%             | 2047-08-10      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK22                                                    | CUSIP: 06540XBG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    820000 | PA      | $738549.45    | 0.13%             | 2062-11-15      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2015-C4 Commercial Mortgage Trust                            | CUSIP: 12635RBE7<br>LEI: 54930025J96YEH8FQE77 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $215901.56    | 0.04%             | 2048-11-15      | Variable      | 3.56%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTBM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2153000 | PA      | $1823714.09   | 0.33%             | 2030-03-25      | Fixed         | 1.52%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B20 Mortgage Trust                                  | CUSIP: 08162XBM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $388770.98    | 0.07%             | 2053-10-15      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CCRE20 Mortgage Trust                                    | CUSIP: 12592LBL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $237949.71    | 0.04%             | 2047-11-10      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRUJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1485000 | PA      | $1291194.55   | 0.23%             | 2030-01-25      | Fixed         | 1.87%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C56                     | CUSIP: 95002RBA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $631510.94    | 0.11%             | 2053-06-15      | Variable      | 3.74%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CCRE16 Mortgage Trust                                    | CUSIP: 12591VAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $490170.92    | 0.09%             | 2047-04-10      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2013-C13      | CUSIP: 46640JAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1915 | PA      | $1908.12      | 0.00%             | 2046-01-15      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2016-DC2 Mortgage Trust                                       | CUSIP: 12594CBE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    353031 | PA      | $339527.06    | 0.06%             | 2049-02-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C18                | CUSIP: 46641JBA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1169283.10   | 0.21%             | 2047-02-15      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2020-C8                                       | CUSIP: 05552ABC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $836130.12    | 0.15%             | 2053-10-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2019-COR6               | CUSIP: 48129RAX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    955000 | PA      | $842336.34    | 0.15%             | 2052-11-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B7FC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1690000 | PA      | $1520226.47   | 0.27%             | 2029-11-25      | Variable      | 2.33%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | CCUBS Commercial Mortgage Trust 2017-C1                            | CUSIP: 12508GAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1510000 | PA      | $1419037.24   | 0.25%             | 2050-11-15      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2015-GC33                      | CUSIP: 29425AAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1451060.42   | 0.26%             | 2058-09-10      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2019-GC41                      | CUSIP: 17328FAY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $652680.59    | 0.12%             | 2056-08-10      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2016-DC2 Mortgage Trust                                       | CUSIP: 12594CBH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $701693.18    | 0.13%             | 2049-02-10      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2015-C1 Commercial Mortgage Trust                            | CUSIP: 126281BD5<br>LEI: 549300UFJ8EKD81Y8R30 | Long             | ABS-MBS          | CORP              | US        |    435000 | PA      | $404750.04    | 0.07%             | 2050-04-15      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C51                     | CUSIP: 95001VAX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    492000 | PA      | $442495.22    | 0.08%             | 2052-06-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BWWD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |    984510 | PA      | $969735.24    | 0.17%             | 2024-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4SH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1718024.14   | 0.31%             | 2031-11-25      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C26                     | CUSIP: 94989CAZ4<br>LEI: 549300DT2BKPLXAJ4C66 | Long             | ABS-MBS          | CORP              | US        |    820000 | PA      | $777606.48    | 0.14%             | 2048-02-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B2 Mortgage Trust                                   | CUSIP: 08161CAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $440377.01    | 0.08%             | 2051-02-15      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H2NE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1765336.76   | 0.32%             | 2028-08-25      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FUZJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1825000 | PA      | $1390280.04   | 0.25%             | 2035-05-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK16                                                    | CUSIP: 065405AF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    262417 | PA      | $249858.87    | 0.04%             | 2052-02-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2014-GC21                      | CUSIP: 17322MAW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1145000 | PA      | $1120733.47   | 0.20%             | 2047-05-10      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B3DE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81317 | PA      | $79795.16     | 0.01%             | 2030-09-25      | Variable      | 3.74%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BFE98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1218499.98   | 0.22%             | 2024-10-25      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK20                                                    | CUSIP: 06540AAH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $851544.59    | 0.15%             | 2062-09-15      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C23        | CUSIP: 61690QAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    717052 | PA      | $693643.59    | 0.12%             | 2050-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C19                | CUSIP: 46641WBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $191293.21    | 0.03%             | 2047-04-15      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK32                                                    | CUSIP: 06542BBH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2075000 | PA      | $1793635.73   | 0.32%             | 2054-04-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2014-GC23                      | CUSIP: 17322VAT3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $726913.88    | 0.13%             | 2047-07-10      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2021-L5                             | CUSIP: 61691YAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    145000 | PA      | $127900.09    | 0.02%             | 2054-05-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2014-GC25                      | CUSIP: 17322YAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $94127.17     | 0.02%             | 2047-10-10      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2017-JP5                | CUSIP: 46647TAX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $606662.28    | 0.11%             | 2050-03-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C38                     | CUSIP: 95001MAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    482642 | PA      | $452624.20    | 0.08%             | 2050-07-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C15                                      | CUSIP: 05552FBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2640000 | PA      | $2448492.10   | 0.44%             | 2055-04-15      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2021-L7                             | CUSIP: 61772TBH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1678376.52   | 0.30%             | 2054-10-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2017-JP5                | CUSIP: 46647TAT5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    105457 | PA      | $102004.94    | 0.02%             | 2050-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C38                     | CUSIP: 95001MAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $943594.81    | 0.17%             | 2050-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SG Commercial Mortgage Securities Trust              | SG Commercial Mortgage Securities Trust 2016-C5                    | CUSIP: 78419CAD6<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $931878.61    | 0.17%             | 2048-10-10      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FPJ97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1015000 | PA      | $887145.83    | 0.16%             | 2034-08-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FYZK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $898629.67    | 0.16%             | 2028-03-25      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE22 Mortgage Trust                                    | CUSIP: 12592XBD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $480959.01    | 0.09%             | 2048-03-10      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2013-GC16                             | CUSIP: 36248GAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $147265.20    | 0.03%             | 2046-11-10      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C23                | CUSIP: 46643ABE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1144000 | PA      | $1117175.79   | 0.20%             | 2047-09-15      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34        | CUSIP: 61767EAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $944409.95    | 0.17%             | 2052-11-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FXQW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $1922954.18   | 0.34%             | 2035-10-25      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C44                     | CUSIP: 95001JAX5<br>LEI: 549300AGZIS1CJS4RM30 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $971441.91    | 0.17%             | 2051-05-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H3EV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $853678.90    | 0.15%             | 2031-08-25      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4R36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2800000 | PA      | $2413553.27   | 0.43%             | 2031-10-25      | Variable      | 2.15%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTZQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1640000 | PA      | $1381983.87   | 0.25%             | 2030-04-25      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-UBS4 Mortgage Trust                                      | CUSIP: 12591QAU6<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $233090.71    | 0.04%             | 2047-08-10      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AC7M7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    146830 | PA      | $142565.84    | 0.03%             | 2043-02-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H1YS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2093347.85   | 0.37%             | 2031-06-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2014-C20      | CUSIP: 46642CBP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $89564.54     | 0.02%             | 2047-07-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2017-P8                        | CUSIP: 17326DAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $694984.99    | 0.12%             | 2050-09-15      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2016-GS4                              | CUSIP: 36251XAR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     39000 | PA      | $36963.36     | 0.01%             | 2049-11-10      | Variable      | 3.44%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B35 Mortgage Trust                                  | CUSIP: 08163RBQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1750000 | PA      | $1729428.72   | 0.31%             | 2055-05-15      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2017-C4                        | CUSIP: 17326FAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $936239.46    | 0.17%             | 2050-10-12      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2014-LC14                          | CUSIP: 96221TAE7<br>LEI: 549300QGM7D5K3CV2643 | Long             | ABS-MBS          | CORP              | US        |    950000 | PA      | $935917.04    | 0.17%             | 2047-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2018-C8                              | CUSIP: 90276VAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1325000 | PA      | $1274409.26   | 0.23%             | 2051-02-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2014-GC19                      | CUSIP: 17322AAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $492595.12    | 0.09%             | 2047-03-11      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKKM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1483116 | PA      | $1474909.86   | 0.26%             | 2029-12-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKKP0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $984218.66    | 0.18%             | 2033-11-25      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BMTX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    800000 | PA      | $776325.12    | 0.14%             | 2025-11-25      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B25 Mortgage Trust                                  | CUSIP: 08163DAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $569952.81    | 0.10%             | 2054-04-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136ASVZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    272801 | PA      | $258988.57    | 0.05%             | 2026-05-25      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-DC1 Mortgage Trust                                       | CUSIP: 12629NAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $218551.81    | 0.04%             | 2048-02-10      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FXYV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3866000 | PA      | $3349045.48   | 0.60%             | 2031-01-25      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2016-C2                 | CUSIP: 46590LAT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $943939.41    | 0.17%             | 2049-06-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2015-C28                | CUSIP: 46644FAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    803348 | PA      | $768680.51    | 0.14%             | 2048-10-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B2 Mortgage Trust                                   | CUSIP: 08161CAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1350000 | PA      | $1279962.15   | 0.23%             | 2051-02-15      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-LC20                    | CUSIP: 94989EAK3<br>LEI: 549300W6NRTMFPYUPG47 | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $690041.72    | 0.12%             | 2050-04-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FG6X8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $991591.58    | 0.18%             | 2028-05-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H7M91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $877970.01    | 0.16%             | 2032-04-25      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FLN34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $971057.33    | 0.17%             | 2026-02-25      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F62L0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1895016 | PA      | $1637737.60   | 0.29%             | 2030-03-25      | Fixed         | 0.79%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B17 Mortgage Trust                                  | CUSIP: 08162MAX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $852116.62    | 0.15%             | 2053-03-15      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2017-GS7                              | CUSIP: 36254CAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $933020.50    | 0.17%             | 2050-08-10      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FAWS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1600000 | PA      | $1544739.70   | 0.28%             | 2027-07-25      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C55                     | CUSIP: 95002EBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $878333.60    | 0.16%             | 2053-02-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK29                                                    | CUSIP: 06541TBU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    520000 | PA      | $391372.02    | 0.07%             | 2053-11-15      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10        | CUSIP: 61762MBU4<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |      3694 | PA      | $3681.05      | 0.00%             | 2046-07-15      | Variable      | 3.91%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2015-JP1      | CUSIP: 46590KAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1462000 | PA      | $1418269.85   | 0.25%             | 2049-01-15      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C56                     | CUSIP: 95002RAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $451929.18    | 0.08%             | 2053-06-15      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B9 Mortgage Trust                                   | CUSIP: 08160JAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $960098.88    | 0.17%             | 2052-03-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK22                                                    | CUSIP: 06540XBF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $884279.00    | 0.16%             | 2062-11-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2021-C11                                      | CUSIP: 05493MAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1254873.38   | 0.22%             | 2054-09-15      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AY2H5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1808124 | PA      | $1722480.62   | 0.31%             | 2027-11-25      | Variable      | 2.87%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FX3Q9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1244527.40   | 0.22%             | 2030-08-25      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C25                | CUSIP: 46643PBJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    232000 | PA      | $222592.15    | 0.04%             | 2047-11-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4KJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    521119 | PA      | $507164.86    | 0.09%             | 2029-01-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2018-COR3 Mortgage Trust                                      | CUSIP: 12595VAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $421889.33    | 0.08%             | 2051-05-10      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FJZ93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $983593.78    | 0.18%             | 2028-10-25      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F1G44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1570000 | PA      | $1519868.27   | 0.27%             | 2027-04-25      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AC7G0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    146830 | PA      | $142565.84    | 0.03%             | 2043-02-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-LC23 Mortgage Trust                                      | CUSIP: 12636FBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $967503.17    | 0.17%             | 2048-10-10      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FG6R1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    461066 | PA      | $455269.01    | 0.08%             | 2029-11-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP2      | CUSIP: 46590MAR1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1023000 | PA      | $952776.51    | 0.17%             | 2049-08-15      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2014-C25                           | CUSIP: 92939LAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1050000 | PA      | $1017613.39   | 0.18%             | 2047-11-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRUT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2250000 | PA      | $1981875.02   | 0.36%             | 2030-01-25      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B24 Mortgage Trust                                  | CUSIP: 08163CBB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1700858.30   | 0.30%             | 2054-03-15      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2019-GC44 Mortgage Trust                                      | CUSIP: 12655TBM0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $892864.49    | 0.16%             | 2057-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4BP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $858179.96    | 0.15%             | 2031-09-25      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B4 Mortgage Trust                                   | CUSIP: 08161HAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $337691.66    | 0.06%             | 2051-07-15      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BPVN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $234003.81    | 0.04%             | 2031-01-25      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B1 Mortgage Trust                                   | CUSIP: 08162PAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $954647.41    | 0.17%             | 2051-01-15      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C27                     | CUSIP: 94989DAW9<br>LEI: 5493001SKB2HKIF64L70 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $963527.14    | 0.17%             | 2048-02-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C21                | CUSIP: 46642EAY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $488007.70    | 0.09%             | 2047-08-15      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FCJK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1541000 | PA      | $1493737.73   | 0.27%             | 2027-11-25      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FF3X3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1120000 | PA      | $1002660.12   | 0.18%             | 2027-12-25      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C46                     | CUSIP: 95001QAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1623351 | PA      | $1573240.75   | 0.28%             | 2051-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FNB82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1215000 | PA      | $1111220.30   | 0.20%             | 2029-07-25      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2018-H3                             | CUSIP: 61767YAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $479689.88    | 0.09%             | 2051-07-15      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C49                     | CUSIP: 95001WBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    665000 | PA      | $578890.20    | 0.10%             | 2052-03-15      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18        | CUSIP: 61763XAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1150000 | PA      | $1121217.24   | 0.20%             | 2047-10-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4QB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2545572 | PA      | $2416897.90   | 0.43%             | 2029-04-25      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2014-GC24                             | CUSIP: 36253GAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    181652 | PA      | $178913.62    | 0.03%             | 2047-09-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C49                     | CUSIP: 95001WBB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1625000 | PA      | $1559212.56   | 0.28%             | 2052-03-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mortgage Trust            | Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10 | CUSIP: 06054MAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $227555.82    | 0.04%             | 2049-07-15      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2013-C13                           | CUSIP: 92937UAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $105795.38    | 0.02%             | 2045-05-15      | Variable      | 3.91%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK33                                                    | CUSIP: 06541CCD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $362822.34    | 0.06%             | 2064-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust                                      | CUSIP: 90278MBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $893990.69    | 0.16%             | 2052-10-15      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BJP64<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1785000 | PA      | $1738482.85   | 0.31%             | 2025-03-25      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2012-C10                           | CUSIP: 92890NAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     73347 | PA      | $70257.05     | 0.01%             | 2045-12-15      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C18 Commercial Mortgage Trust                           | CUSIP: 12597DAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $462216.62    | 0.08%             | 2052-12-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD4 Mortgage Trust                                         | CUSIP: 12515DAR5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $947265.91    | 0.17%             | 2050-05-10      | Variable      | 3.51%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31        | CUSIP: 61766RAZ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1170696.06   | 0.21%             | 2049-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2017-H1                             | CUSIP: 61691JAV6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $943484.40    | 0.17%             | 2050-06-15      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-UBS4 Mortgage Trust                                      | CUSIP: 12591QAT9<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $475527.80    | 0.09%             | 2047-08-10      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C22                | CUSIP: 46642NBD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1006000 | PA      | $981239.34    | 0.18%             | 2047-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE23 Mortgage Trust                                    | CUSIP: 12593ABA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $480822.54    | 0.09%             | 2048-05-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B27 Mortgage Trust                                  | CUSIP: 08163HAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $840444.41    | 0.15%             | 2054-07-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FETN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $970692.15    | 0.17%             | 2028-01-25      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2021-L6                             | CUSIP: 61692CAX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1349633.40   | 0.24%             | 2054-06-15      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQ3A9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $920620.58    | 0.16%             | 2029-09-25      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2018-B2                        | CUSIP: 17327FAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $578049.37    | 0.10%             | 2051-03-10      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-NXS2                    | CUSIP: 94989MAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $725331.50    | 0.13%             | 2058-07-15      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK15                                                    | CUSIP: 06036FBB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $483533.83    | 0.09%             | 2061-11-15      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | Bank 2019-BNK19                                                    | CUSIP: 06540WBC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1806918.52   | 0.32%             | 2061-08-15      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C39                     | CUSIP: 95000XAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $424024.46    | 0.08%             | 2050-09-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FWG79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $831392.13    | 0.15%             | 2030-06-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK30                                                    | CUSIP: 06541UBQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $208810.50    | 0.04%             | 2053-12-15      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AQV80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    802365 | PA      | $773685.77    | 0.14%             | 2026-01-25      | Variable      | 2.94%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FEUA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1927006 | PA      | $1892394.52   | 0.34%             | 2025-01-25      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2016-P3                        | CUSIP: 29429CAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1428985.95   | 0.26%             | 2049-04-15      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C21        | CUSIP: 61764XBJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    901000 | PA      | $863675.68    | 0.15%             | 2048-03-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FL6P4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1400000 | PA      | $1364286.80   | 0.24%             | 2029-01-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FLYJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $959059.29    | 0.17%             | 2031-03-25      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK26                                                    | CUSIP: 06540JBU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $199158.02    | 0.04%             | 2063-03-15      | Variable      | 2.91%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FHQ63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1076000 | PA      | $1068540.00   | 0.19%             | 2033-05-25      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FCLD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1452466.53   | 0.26%             | 2027-11-25      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FYUJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $861650.66    | 0.15%             | 2031-03-25      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FNX47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    956595 | PA      | $890980.96    | 0.16%             | 2029-05-25      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2019-GC38                             | CUSIP: 36252SAV9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $717468.64    | 0.13%             | 2052-02-10      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C30                     | CUSIP: 94989NBE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    817430 | PA      | $791784.22    | 0.14%             | 2058-09-15      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H2AD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2536246.59   | 0.45%             | 2031-07-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B1K86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    737428 | PA      | $707665.03    | 0.13%             | 2028-03-25      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FMTT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    450000 | PA      | $403957.14    | 0.07%             | 2034-04-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FEZT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    966929 | PA      | $950834.96    | 0.17%             | 2027-12-25      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE22 Mortgage Trust                                    | CUSIP: 12592XBJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $276452.90    | 0.05%             | 2048-03-10      | Variable      | 4.07%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP3      | CUSIP: 46590RAK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    108000 | PA      | $93788.63     | 0.02%             | 2049-08-15      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136ATYT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1990846 | PA      | $1877736.96   | 0.34%             | 2026-06-25      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2017-C7                              | CUSIP: 90276WAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $945322.38    | 0.17%             | 2050-12-15      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C22                | CUSIP: 46642NBK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $180696.94    | 0.03%             | 2047-09-15      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS MORTGAGE TRUST 2017-C1                                       | CUSIP: 07332VBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $956920.99    | 0.17%             | 2050-02-15      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2015-GS1                              | CUSIP: 36252AAC0<br>LEI: 549300WZ62L3Y22NOZ64 | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1442003.60   | 0.26%             | 2048-11-10      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK14                                                    | CUSIP: 06035RAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $577936.75    | 0.10%             | 2060-09-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BLP79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1800000 | PA      | $1602112.50   | 0.29%             | 2030-05-25      | Variable      | 2.29%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CR14 Mortgage Trust                                      | CUSIP: 12630DBD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $191875.63    | 0.03%             | 2047-02-10      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B17 Mortgage Trust                                  | CUSIP: 08162MBD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $191107.50    | 0.03%             | 2053-03-15      | Variable      | 3.37%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AK2F9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    556742 | PA      | $541772.99    | 0.10%             | 2026-08-25      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FBBX3<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $967386.66    | 0.17%             | 2027-08-25      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKZ82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    310207 | PA      | $303469.12    | 0.05%             | 2028-09-25      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2020-GC46                      | CUSIP: 17328RBB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $422089.73    | 0.08%             | 2053-02-15      | Variable      | 2.92%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B35Z9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1209250.46   | 0.22%             | 2031-02-25      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2014-C22                           | CUSIP: 92890KBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    480000 | PA      | $453995.74    | 0.08%             | 2057-09-15      | Variable      | 4.07%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B4 Mortgage Trust                                   | CUSIP: 08161HAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1023000 | PA      | $993805.94    | 0.18%             | 2051-07-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F4X72<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $983532.80    | 0.18%             | 2028-02-25      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BUX60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $974851.47    | 0.17%             | 2026-12-25      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AJB54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    311759 | PA      | $308300.54    | 0.06%             | 2024-03-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2016-C1                 | CUSIP: 46645LBE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $419421.84    | 0.08%             | 2049-03-17      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BNGT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    700000 | PA      | $671387.00    | 0.12%             | 2026-01-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2015-C1 Commercial Mortgage Trust                            | CUSIP: 126281AZ7<br>LEI: 549300UFJ8EKD81Y8R30 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $481459.07    | 0.09%             | 2050-04-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4VT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1693767 | PA      | $1595868.83   | 0.29%             | 2029-06-25      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2019-GC43                      | CUSIP: 17328HBD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $675549.10    | 0.12%             | 2052-11-10      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2013-C17                | CUSIP: 46640UAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97251.67     | 0.02%             | 2047-01-15      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2020-GC46                      | CUSIP: 17328RAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $869090.18    | 0.16%             | 2053-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FXZ35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1301727.78   | 0.23%             | 2031-01-25      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C18                | CUSIP: 46641JAW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1371957.45   | 0.25%             | 2047-02-15      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C47                     | CUSIP: 95002DBG3<br>LEI: 549300VHRKFNCWVN9Y77 | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1228314.40   | 0.22%             | 2061-09-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FGR31<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1140000 | PA      | $1131069.63   | 0.20%             | 2028-06-25      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2016-DC2 Mortgage Trust                                       | CUSIP: 12594CBD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    590737 | PA      | $575446.35    | 0.10%             | 2049-02-10      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C23        | CUSIP: 61690QAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $965714.78    | 0.17%             | 2050-07-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup COmmercial Mortgage Trust 2018-C6                        | CUSIP: 17327GAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1199000 | PA      | $1171686.54   | 0.21%             | 2051-11-10      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BLR69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    976201 | PA      | $864013.35    | 0.15%             | 2031-11-25      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-UBS3 Mortgage Trust                                      | CUSIP: 12591YBH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $142387.33    | 0.03%             | 2047-06-10      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK8                                                     | CUSIP: 06650AAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $918058.36    | 0.16%             | 2050-11-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6S63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2246519 | PA      | $2064183.22   | 0.37%             | 2031-05-25      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F63Z8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2513935.83   | 0.45%             | 2030-09-25      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B26 Mortgage Trust                                  | CUSIP: 08163EBF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $415672.92    | 0.07%             | 2054-06-15      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mortgage Trust            | Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3  | CUSIP: 06427DAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1350752 | PA      | $1272654.27   | 0.23%             | 2050-02-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FH2A0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $483804.41    | 0.09%             | 2033-06-25      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B5 Mortgage Trust                                   | CUSIP: 08160BAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $459435.02    | 0.08%             | 2051-07-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                      | CFCRE Commercial Mortgage Trust 2017-C8                            | CUSIP: 12532CAY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    849634 | PA      | $820484.42    | 0.15%             | 2050-06-15      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BLMD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $975495.37    | 0.17%             | 2025-05-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK24                                                    | CUSIP: 06540VBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $930151.98    | 0.17%             | 2062-11-15      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32        | CUSIP: 61691GAQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    247033 | PA      | $238816.18    | 0.04%             | 2049-12-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2014-C19                           | CUSIP: 92938VAT2<br>LEI: 549300FCX3YXSYSLU895 | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $288524.69    | 0.05%             | 2047-03-15      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK25                                                    | CUSIP: 06539WBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $878728.40    | 0.16%             | 2063-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FARE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    862145 | PA      | $843830.24    | 0.15%             | 2024-07-25      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FNX54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2250000 | PA      | $2055062.03   | 0.37%             | 2029-07-25      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2017-C7                 | CUSIP: 46648KAS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1196235 | PA      | $1150886.70   | 0.21%             | 2050-10-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C17 Commercial Mortgage Trust                           | CUSIP: 12597BAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1798415.20   | 0.32%             | 2052-09-15      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11        | CUSIP: 61762TAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200057 | PA      | $199118.36    | 0.04%             | 2046-08-15      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2014-C20      | CUSIP: 46642CBJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $488531.99    | 0.09%             | 2047-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKSH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1725000 | PA      | $1708476.26   | 0.31%             | 2028-11-25      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2016-GS3                              | CUSIP: 36251PAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1290986 | PA      | $1196833.19   | 0.21%             | 2049-10-10      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2016-P3                        | CUSIP: 29429CAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     75000 | PA      | $71327.59     | 0.01%             | 2049-04-15      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mortgage Trust            | Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3  | CUSIP: 06427DAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $954142.52    | 0.17%             | 2050-02-15      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CCRE17 Mortgage Trust                                    | CUSIP: 12631DBB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $490169.97    | 0.09%             | 2047-05-10      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25        | CUSIP: 61765TAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    287583 | PA      | $279930.95    | 0.05%             | 2048-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34        | CUSIP: 61767EAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $461966.00    | 0.08%             | 2052-11-15      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2016-GC36                      | CUSIP: 17324TAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $957273.45    | 0.17%             | 2049-02-10      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4KH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.00         | 0.00%             | 2028-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2019-GC43                      | CUSIP: 17328HBB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    863000 | PA      | $824612.57    | 0.15%             | 2052-11-10      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C15 Commercial Mortgage Trust                           | CUSIP: 22945DAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1028334 | PA      | $997904.08    | 0.18%             | 2052-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2017-GS6                              | CUSIP: 36253PAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $910555.07    | 0.16%             | 2050-05-10      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F64P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2150000 | PA      | $1917503.36   | 0.34%             | 2027-09-25      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2016-DC2 Mortgage Trust                                       | CUSIP: 12594CBK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $228966.93    | 0.04%             | 2049-02-10      | Variable      | 4.66%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BXHC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $465951.66    | 0.08%             | 2031-10-25      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C46                     | CUSIP: 95001QAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $471537.19    | 0.08%             | 2051-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2016-C1                 | CUSIP: 46645LBF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $362996.22    | 0.07%             | 2049-03-17      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C48                     | CUSIP: 95001RAX7<br>LEI: 549300REQJRID6TODX95 | Long             | ABS-MBS          | CORP              | US        |   1010000 | PA      | $984693.60    | 0.18%             | 2052-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AJLC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    238322 | PA      | $235939.47    | 0.04%             | 2024-01-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B2HA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2382000 | PA      | $2312303.13   | 0.41%             | 2028-07-25      | Variable      | 3.36%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2018-C5                        | CUSIP: 17291DAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $972668.84    | 0.17%             | 2051-06-10      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2017-JP6                | CUSIP: 48128KAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $283637.23    | 0.05%             | 2050-07-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2017-CX9 Commercial Mortgage Trust                           | CUSIP: 12595FAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $940210.10    | 0.17%             | 2050-09-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2014-GC23                      | CUSIP: 17322VAV8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $241877.15    | 0.04%             | 2047-07-10      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2015-GC34                             | CUSIP: 36250VAD4<br>LEI: 54930070360RBP384M53 | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1438231.50   | 0.26%             | 2048-10-10      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H7ZB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3500000 | PA      | $3193823.75   | 0.57%             | 2032-06-25      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BTAC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1046496 | PA      | $1016519.71   | 0.18%             | 2026-10-25      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AQHL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    679266 | PA      | $653939.11    | 0.12%             | 2025-06-25      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2014-GC23                      | CUSIP: 17322VAX4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $235151.77    | 0.04%             | 2047-07-10      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2014-GC26                             | CUSIP: 36250HAE3<br>LEI: 549300V3F4KBEWHAZP46 | Long             | ABS-MBS          | CORP              | US        |   1485000 | PA      | $1439707.90   | 0.26%             | 2047-11-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2022-BNK40                                                    | CUSIP: 06541LBP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $859360.24    | 0.15%             | 2064-03-15      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C14                                      | CUSIP: 07336AAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $217724.96    | 0.04%             | 2055-02-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AUEU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    257794 | PA      | $256364.63    | 0.05%             | 2023-10-25      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B8M97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $86572.59     | 0.02%             | 2030-02-25      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD3 Mortgage Trust                                         | CUSIP: 12515GAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $218586.66    | 0.04%             | 2050-02-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2013-GC16                             | CUSIP: 36248GAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97872.31     | 0.02%             | 2046-11-10      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BXQX3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    621111 | PA      | $601976.72    | 0.11%             | 2026-10-25      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2016-C34                     | CUSIP: 95000DBD2<br>LEI: 549300FWFHJGIW2B2U59 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $943826.03    | 0.17%             | 2049-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FHPJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1700000 | PA      | $1690665.57   | 0.30%             | 2028-07-25      | Variable      | 3.93%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2015-C29                | CUSIP: 46644RBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220114 | PA      | $214651.70    | 0.04%             | 2048-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2015-GC30                             | CUSIP: 36250GAT2<br>LEI: 549300L45M7638EL0H21 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $474228.47    | 0.08%             | 2050-05-10      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2019-GC40                             | CUSIP: 36257HBP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1131000 | PA      | $1033555.02   | 0.19%             | 2052-07-10      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | Barclays Commercial Mortgage Trust 2019-C4                         | CUSIP: 07335CAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $900253.85    | 0.16%             | 2052-08-15      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C57                     | CUSIP: 95002XBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1919000 | PA      | $1612164.53   | 0.29%             | 2053-08-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F4D33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    467221 | PA      | $459161.92    | 0.08%             | 2027-09-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BL6J2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    152661 | PA      | $149317.94    | 0.03%             | 2024-12-25      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-LC21 Mortgage Trust                                      | CUSIP: 12593FBD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $483113.66    | 0.09%             | 2048-07-10      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C39                     | CUSIP: 95000XAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    898853 | PA      | $864002.02    | 0.15%             | 2050-09-15      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FLN91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2017000 | PA      | $1958930.39   | 0.35%             | 2029-03-25      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Commercial Mortgage Trust              | DBJPM 16-C1 Mortgage Trust                                         | CUSIP: 23312LAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $950073.97    | 0.17%             | 2049-05-10      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2021-C12                                      | CUSIP: 05552XBF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1701204.22   | 0.30%             | 2054-11-15      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKKN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    833000 | PA      | $824184.54    | 0.15%             | 2030-11-25      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2017-P8                        | CUSIP: 17326DAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    885000 | PA      | $826034.59    | 0.15%             | 2050-09-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust 2020-COR7 | JPMDB Commercial Mortgage Securities Trust 2020-COR7               | CUSIP: 46652JAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    539000 | PA      | $440429.71    | 0.08%             | 2053-05-13      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2021-C59                     | CUSIP: 95003CAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $855599.02    | 0.15%             | 2054-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FL6N9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2249287 | PA      | $2189683.71   | 0.39%             | 2028-10-25      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2019-H7                             | CUSIP: 61771MAW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $914746.57    | 0.16%             | 2052-07-15      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FAWR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    716626 | PA      | $693656.87    | 0.12%             | 2027-03-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33        | CUSIP: 61767CAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1039609.38   | 0.19%             | 2050-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | Barclays Commercial Mortgage Trust 2019-C5                         | CUSIP: 05492JAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $906342.90    | 0.16%             | 2052-11-15      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136ATX66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $416592.95    | 0.07%             | 2045-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FYTX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $818129.69    | 0.15%             | 2036-02-25      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C23                | CUSIP: 46643ABF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    124684 | PA      | $122599.32    | 0.02%             | 2047-09-15      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2018-CD7 Mortgage Trust                                         | CUSIP: 12512JAT1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $538407.06    | 0.10%             | 2051-08-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AVKR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1954759 | PA      | $1867147.40   | 0.33%             | 2027-02-25      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2016-C1                        | CUSIP: 17290YAR9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    874000 | PA      | $828940.19    | 0.15%             | 2049-05-10      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2015-C4 Commercial Mortgage Trust                            | CUSIP: 12635RAW8<br>LEI: 54930025J96YEH8FQE77 | Long             | ABS-MBS          | CORP              | US        |   1489486 | PA      | $1432569.37   | 0.26%             | 2048-11-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK34                                                    | CUSIP: 06541JAT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $406857.72    | 0.07%             | 2063-06-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BN6G4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1200000 | PA      | $1159515.52   | 0.21%             | 2025-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BKX80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2461220.94   | 0.44%             | 2031-10-25      | Variable      | 1.67%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2015-C30                | CUSIP: 46644UBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    635000 | PA      | $602793.21    | 0.11%             | 2048-07-15      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C30                     | CUSIP: 94989NBF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    242881 | PA      | $237031.87    | 0.04%             | 2058-09-15      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2022-BNK44                                                    | CUSIP: 06540KAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1083771.06   | 0.19%             | 2055-11-15      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FWHT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1659790.14   | 0.30%             | 2030-07-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B29 Mortgage Trust                                  | CUSIP: 08163JAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    830000 | PA      | $697164.58    | 0.12%             | 2054-09-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14        | CUSIP: 61690GAH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $196547.59    | 0.04%             | 2047-02-15      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B9WE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $211364.34    | 0.04%             | 2029-10-25      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK20                                                    | CUSIP: 06540AAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    422506 | PA      | $376226.06    | 0.07%             | 2062-09-15      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2016-UBS12                          | CUSIP: 61691EAZ8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | ABS-MBS          | CORP              | US        |    983500 | PA      | $927308.81    | 0.17%             | 2049-12-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C18                | CUSIP: 46641JBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    225000 | PA      | $215449.44    | 0.04%             | 2047-02-15      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BSP72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1527000 | PA      | $1452151.67   | 0.26%             | 2026-08-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2014-GC22                             | CUSIP: 36253BAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $241517.24    | 0.04%             | 2047-06-10      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BPW21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $478021.26    | 0.09%             | 2026-03-25      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136ALYF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     95163 | PA      | $93273.30     | 0.02%             | 2024-08-25      | Variable      | 3.02%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2015-GC32                             | CUSIP: 36250PAC9<br>LEI: 54930066YOFVQE068N73 | Long             | ABS-MBS          | CORP              | US        |    544634 | PA      | $524617.86    | 0.09%             | 2048-07-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B8 Mortgage Trust                                   | CUSIP: 08162UAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $962288.02    | 0.17%             | 2052-01-15      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F83Q4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1252345.44   | 0.22%             | 2030-10-25      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | Barclays Commercial Mortgage Trust 2019-C5                         | CUSIP: 05492JAV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $890854.29    | 0.16%             | 2052-11-15      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2016-C36                     | CUSIP: 95000MBR1<br>LEI: 549300BSYX29G4VVM177 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $450664.51    | 0.08%             | 2059-11-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2018-C8                 | CUSIP: 46591AAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560531 | PA      | $540190.42    | 0.10%             | 2051-06-15      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2019-COR5               | CUSIP: 46591EAR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    319334 | PA      | $310146.18    | 0.06%             | 2052-06-13      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FREH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2005000 | PA      | $1791731.30   | 0.32%             | 2030-01-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136APSZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    722067 | PA      | $698923.74    | 0.13%             | 2025-04-25      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2014-C21                | CUSIP: 46642EAZ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100480 | PA      | $98924.74     | 0.02%             | 2047-08-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2018-CX11 Commercial Mortgage Trust                          | CUSIP: 12652UAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $961739.14    | 0.17%             | 2051-04-15      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-LC20                    | CUSIP: 94989EAC1<br>LEI: 549300W6NRTMFPYUPG47 | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $587766.16    | 0.11%             | 2050-04-15      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C50                     | CUSIP: 95001XBC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $912447.63    | 0.16%             | 2052-05-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AX3J2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $939796.75    | 0.17%             | 2029-08-25      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2015-C31                     | CUSIP: 94989WAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $936383.40    | 0.17%             | 2048-11-15      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2013-C15                | CUSIP: 46640NAL2<br>LEI: 549300UOGMFS1M8XVM16 | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $107747.52    | 0.02%             | 2045-11-15      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C7         | CUSIP: 61690KAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       738 | PA      | $737.75       | 0.00%             | 2046-02-15      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                      | CFCRE Commercial Mortgage Trust 2017-C8                            | CUSIP: 12532CBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $690389.97    | 0.12%             | 2050-06-15      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2013-C14                           | CUSIP: 92890PAH7<br>LEI: 549300GADFYEKC4OLM57 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $448448.21    | 0.08%             | 2046-06-15      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2016-C5 Commercial Mortgage Trust                            | CUSIP: 12636LBE9<br>LEI: 549300FU8TZDHFLQZL50 | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $694746.75    | 0.12%             | 2048-11-15      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK28                                                    | CUSIP: 06540YAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $410288.94    | 0.07%             | 2063-03-15      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BHCY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    824929 | PA      | $797831.28    | 0.14%             | 2025-01-25      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B75L1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1512773 | PA      | $1425068.33   | 0.26%             | 2029-10-25      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | Comm 2014-UBS2 Mortgage Trust                                      | CUSIP: 12591UAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1521000 | PA      | $1496960.91   | 0.27%             | 2047-03-10      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C16        | CUSIP: 61763MAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $489653.51    | 0.09%             | 2047-06-15      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2019-COR5               | CUSIP: 46591EAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1102247.42   | 0.20%             | 2052-06-13      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FYZL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1400000 | PA      | $1222358.26   | 0.22%             | 2028-04-25      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C56                     | CUSIP: 95002RAZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    345000 | PA      | $292946.23    | 0.05%             | 2053-06-15      | Variable      | 3.74%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Trust 2021-C10                                               | CUSIP: 05551VBP7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $348722.72    | 0.06%             | 2054-07-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H74P5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2694215.82   | 0.48%             | 2055-04-25      | Variable      | 2.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27        | CUSIP: 61690AAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1849000 | PA      | $1783836.43   | 0.32%             | 2047-12-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6ZM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2163053.10   | 0.39%             | 2032-02-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C15 Commercial Mortgage Trust                           | CUSIP: 22945DAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1331604.34   | 0.24%             | 2052-03-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CCRE17 Mortgage Trust                                    | CUSIP: 12631DBE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    292000 | PA      | $277953.51    | 0.05%             | 2047-05-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H2NY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $782987.92    | 0.14%             | 2036-08-25      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2016-C32                     | CUSIP: 94989YBA0<br>LEI: 549300VOKB4Z9J8DIM89 | Long             | ABS-MBS          | CORP              | US        |    656219 | PA      | $638147.94    | 0.11%             | 2059-01-15      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FJXV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2600000 | PA      | $2600670.77   | 0.47%             | 2028-09-25      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BLMZ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1800000 | PA      | $1743238.48   | 0.31%             | 2025-07-25      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQKB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    934741 | PA      | $870557.84    | 0.16%             | 2029-05-25      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2018-C2                                       | CUSIP: 05491UBJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $218330.68    | 0.04%             | 2051-12-15      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I 2017-HR2                                  | CUSIP: 61691NAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2010000 | PA      | $1899210.73   | 0.34%             | 2050-12-15      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B8 Mortgage Trust                                   | CUSIP: 08162UBA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1563000 | PA      | $1488788.65   | 0.27%             | 2052-01-15      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C39                     | CUSIP: 95000XAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2352150.93   | 0.42%             | 2050-09-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BDZA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2055283.50   | 0.37%             | 2031-02-25      | Variable      | 1.46%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK21                                                    | CUSIP: 06540BBD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $446606.04    | 0.08%             | 2052-10-17      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQKN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1220000 | PA      | $1120009.13   | 0.20%             | 2029-11-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AW7J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2091967 | PA      | $2011647.82   | 0.36%             | 2027-05-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AV7G8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    909982 | PA      | $872309.42    | 0.16%             | 2027-02-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK27                                                    | CUSIP: 06539XAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $817275.87    | 0.15%             | 2063-04-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FBTA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |    974606 | PA      | $955232.19    | 0.17%             | 2024-08-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust           | JPMBB Commercial Mortgage Securities Trust 2015-C27                | CUSIP: 46644ABK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $468310.08    | 0.08%             | 2048-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B11 Mortgage Trust                                  | CUSIP: 08162BBK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $428712.02    | 0.08%             | 2052-05-15      | Variable      | 3.96%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2017-GS7                              | CUSIP: 36254CBA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $462494.59    | 0.08%             | 2050-08-10      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BGFQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1662469.02   | 0.30%             | 2031-07-25      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AY6U2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    428149 | PA      | $418225.11    | 0.07%             | 2027-11-25      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK34                                                    | CUSIP: 06541JAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    244000 | PA      | $205940.96    | 0.04%             | 2063-06-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24        | CUSIP: 61765LAT7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    307986 | PA      | $296408.34    | 0.05%             | 2048-05-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTFY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2540064.45   | 0.46%             | 2030-04-25      | Fixed         | 1.56%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FJKE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2310000 | PA      | $2295641.83   | 0.41%             | 2028-09-25      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2017-C7                 | CUSIP: 46648KAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1050000 | PA      | $988198.07    | 0.18%             | 2050-10-15      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136ANSB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1089666 | PA      | $1061070.25   | 0.19%             | 2025-01-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2017-COR2 Mortgage Trust                                      | CUSIP: 12595EAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $668626.47    | 0.12%             | 2050-09-10      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B4 Mortgage Trust                                   | CUSIP: 08161HAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    464286 | PA      | $452669.27    | 0.08%             | 2051-07-15      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15        | CUSIP: 61763KAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50156 | PA      | $49590.41     | 0.01%             | 2047-04-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                     | WFRBS Commercial Mortgage Trust 2014-C22                           | CUSIP: 92890KAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    908896 | PA      | $882340.67    | 0.16%             | 2057-09-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B27 Mortgage Trust                                  | CUSIP: 08163HAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $900557.79    | 0.16%             | 2054-07-15      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2015-GC31                      | CUSIP: 17323YAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $723372.61    | 0.13%             | 2048-06-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK14                                                    | CUSIP: 06035RAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $478257.56    | 0.09%             | 2060-09-15      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2017-C2                              | CUSIP: 90276CAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $941359.59    | 0.17%             | 2050-08-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AY7L1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    713227 | PA      | $683716.08    | 0.12%             | 2027-12-25      | Variable      | 2.99%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JP Morgan Chase Commercial Mortgage Securities Trust 2013-C13      | CUSIP: 46640JAR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140825 | PA      | $140072.90    | 0.03%             | 2046-01-15      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2018-COR3 Mortgage Trust                                      | CUSIP: 12595VAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $726468.32    | 0.13%             | 2051-05-10      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2016-C2                 | CUSIP: 46590LAY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $660143.63    | 0.12%             | 2049-06-15      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FLYV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1010000 | PA      | $969167.56    | 0.17%             | 2029-04-25      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2017-C5                 | CUSIP: 46590TAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1045686.81   | 0.19%             | 2050-03-15      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES       | BlackRock Cash Funds: Treasury, SL Agency Shares                   | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   2930000 | NS      | $2930000.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B21 Mortgage Trust                                  | CUSIP: 08163LAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $408727.81    | 0.07%             | 2053-12-17      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK12                                                    | CUSIP: 06541KBA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $978258.03    | 0.18%             | 2061-05-15      | Variable      | 4.26%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B10 Mortgage Trust                                  | CUSIP: 08162VAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $550885.80    | 0.10%             | 2062-03-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Commercial Mortgage Trust              | DBJPM 16-C1 Mortgage Trust                                         | CUSIP: 23312LAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1160000 | PA      | $1042847.41   | 0.19%             | 2049-05-10      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FUZV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $828880.92    | 0.15%             | 2030-05-25      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2014-GC20                             | CUSIP: 36252WAX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $393479.31    | 0.07%             | 2047-04-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-DC1 Mortgage Trust                                       | CUSIP: 12629NAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $722476.82    | 0.13%             | 2048-02-10      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FL2M5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $483917.64    | 0.09%             | 2034-01-25      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                      | CFCRE Commercial Mortgage Trust 2016-C3                            | CUSIP: 12531WBB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $483371.67    | 0.09%             | 2048-01-10      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD3 Mortgage Trust                                         | CUSIP: 12515GAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $695912.65    | 0.12%             | 2050-02-10      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRZA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1070780.08   | 0.19%             | 2030-01-25      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-UBS6 Mortgage Trust                                      | CUSIP: 12592PBE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |         0 | PA      | $0.01         | 0.00%             | 2047-12-10      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FL2L7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $243396.33    | 0.04%             | 2031-01-25      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2014-CCRE18 Mortgage Trust                                    | CUSIP: 12632QAZ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $290919.92    | 0.05%             | 2047-07-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2015-CCRE24 Mortgage Trust                                    | CUSIP: 12593JBE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    924844 | PA      | $891161.45    | 0.16%             | 2048-08-10      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer