# EDGAR Filing Document

**Accession Number:** 0001272950
**File Stem:** 0000940400-26-020490
**Filing Date:** 2026-5
**Character Count:** 128482
**Document Hash:** 583763b83b1609d0235f0158dcda67ad
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020490.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020490

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBC FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001272950

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21475
- **FILM NUMBER:** 261007713

**BUSINESS ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401
- **BUSINESS PHONE:** 612-380-1198

**MAIL ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TAMARACK FUNDS TRUST
- **DATE OF NAME CHANGE:** 20031212

## Series and Classes Contracts Data

### RBC BlueBay Impact Bond Fund (Series ID: S000059868)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000195863 | Class I      | RIBIX           |
| C000195864 | Class R6     | RIBRX           |
| C000217811 | Class A      | RIBAX           |
| C000227055 | Class Y      | RIBYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RBC Funds Trust

- **b. Investment Company Act file number:** 811-21475

- **c. CIK number of Registrant:** 0001272950

- **d. LEI of Registrant:** 549300456VUEP58RCU35

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

  - **Street Address 1:** 250 Nicollet Mall

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55401

  - **Telephone number:** 612-376-7000

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

- **a. Name of Series:** RBC BlueBay Impact Bond Fund

- **b. EDGAR series identifier (if any):** S000059868

- **c. LEI of Series:** 549300PDRJN9B3EOEM95

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

- **a. Date of fiscal year-end:** 2026-09-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $217517921.66

**Total Liabilities:** $596929.92

**Net Assets:** $216920991.74

**Cash Not Reported:** $4790.47

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 717.21000000 | **1-Year:** 11044.00000000 | **5-Year:** 31497.66000000 | **10-Year:** 29878.61000000 | **30-Year:** 4045.82000000

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

- **3-Month:** 48.04000000 | **1-Year:** 2476.25000000 | **5-Year:** 3386.31000000 | **10-Year:** 5867.14000000 | **30-Year:** 2470.73000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227055 | -0.12%               | 1.29%                | -1.87%               |
| Class ID C000195864 | -0.24%               | 1.29%                | -1.75%               |
| Class ID C000217811 | -0.26%               | 1.27%                | -1.78%               |
| Class ID C000195863 | -0.13%               | 1.29%                | -1.87%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $39782.66                | $-1444071.47                               |
| Month 2  | $-2174591.50             | $3569893.63                                |
| Month 3  | $-2235749.12             | $-1564141.70                               |

**Designated Index Information**

- **Index Name:** Bloomberg Barclays U.S. Aggregate

- **Index Identifier:** ULBF1TRUSD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| U.S. International Development Finance Corporation                                | DFC 1.65 04/15/28 1                            | CUSIP: 90376PCZ2<br>LEI: 254900QI8QTIK0FY6E92 | Long             | ABS-O            | USGA              | US        |    500000 | PA      | $484021.87    | 0.22%             | 2028-04-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CC0947                                      | CUSIP: 3140Y7BR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4730062 | PA      | $4934452.19   | 2.27%             | 2055-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BK7924                                      | CUSIP: 3140HMYW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44540 | PA      | $42697.87     | 0.02%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BJ9439                                      | CUSIP: 3140HBPZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39638 | PA      | $37998.54     | 0.02%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     85000 | PA      | $741.73       | 0.00%             | 2034-04-01      | Fixed         | 0.48%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA2395                                      | CUSIP: 3133KHUU8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    144399 | PA      | $123240.50    | 0.06%             | 2050-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BZ0636                                      | CUSIP: 3140NUV63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2994563 | PA      | $3103804.69   | 1.43%             | 2031-06-01      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| AstraZeneca Finance LLC                                                           | AZN 5 02/26/34                                 | CUSIP: 04636NAN3<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1167150.96   | 0.54%             | 2034-02-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SONOMA-MARIN AREA RAIL TRAN DI                                                    | CA SNMTRN 2.02 03/01/2028                      | CUSIP: 835588BB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $578155.01    | 0.27%             | 2028-03-01      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510679                                     | CUSIP: 83164M2L2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     28887 | PA      | $30103.60     | 0.01%             | 2030-07-25      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| Haleon US Capital LLC.                                                            | HLNLN 3.625 03/24/32                           | CUSIP: 36264FAM3<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |   2114000 | PA      | $1991141.40   | 0.92%             | 2032-03-24      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                        | AMGN 4.85 02/19/36                             | CUSIP: 031162DW7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1340513.30   | 0.62%             | 2036-02-19      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FRESB MORTGAGE TRUST 2018-SB45                                                    | FRESB 2018-SB45 A10F                           | CUSIP: 30308AAH6<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |     27775 | PA      | $27392.34     | 0.01%             | 2027-11-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| Roche Holdings, Inc.                                                              | ROSW 4.666 12/02/35 144A                       | CUSIP: 771196CU4<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |   1825000 | PA      | $1791827.96   | 0.83%             | 2035-12-02      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB6783                                      | CUSIP: 3140QSRD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1835899 | PA      | $1820376.41   | 0.84%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF WATER SUPPLY (HI)                                                        | HI HONWTR 1.98 07/01/2027                      | CUSIP: 438689LQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $244370.82    | 0.11%             | 2027-07-01      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510817                                     | CUSIP: 83164NAS6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    145170 | PA      | $150728.62    | 0.07%             | 2031-06-25      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| 180 Medical Inc.                                                                  | CTECLN 5.3 10/08/35 144a                       | CUSIP: 682357AB4<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |   1694000 | PA      | $1656768.28   | 0.76%             | 2035-10-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| New York State Electric & Gas Corporation                                         | AGR 5.05 08/15/35 144A                         | CUSIP: 649840CX1<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3363874.70   | 1.55%             | 2035-08-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 100145                                     | CUSIP: 831628ES7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     12098 | PA      | $12311.89     | 0.01%             | 2029-09-25      | Fixed         | 9.07%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA5874                                      | CUSIP: 3133KMQ32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    162277 | PA      | $137597.47    | 0.06%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Nature Conservancy                                                                | NACONV 1.154 07/01/27 A                        | CUSIP: 63902HAK5<br>LEI: 549300GJ1IZME7V1JJ28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $959641.43    | 0.44%             | 2027-07-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS CLEAN ENERGY COOP CORP                                              | MA MASPWR 2.02 07/01/2028                      | CUSIP: 575625AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $740339.34    | 0.34%             | 2028-07-01      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BS0915                                      | CUSIP: 3140LBAR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $262628.19    | 0.12%             | 2031-03-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530790                                     | CUSIP: 8316A02Y5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    367958 | PA      | $403989.98    | 0.19%             | 2035-04-25      | Variable      | 8.36%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    127500 | PA      | $4622.84      | 0.00%             | 2033-11-16      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA VALLEY WATER DISTRICT (CA)                                            | CA SCVWTR 2.08 06/01/2034                      | CUSIP: 80168FPG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $790478.18    | 0.36%             | 2034-06-01      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RJ5045                                      | CUSIP: 3142GVTB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2432564 | PA      | $2510036.08   | 1.16%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA5195                                      | CUSIP: 3133KLXY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1063253 | PA      | $894716.42    | 0.41%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    187500 | PA      | $2506.44      | 0.00%             | 2034-03-28      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | GNR 2018-2 AD                                  | CUSIP: 38380JLN6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     27298 | PA      | $24147.43     | 0.01%             | 2059-03-16      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    940950 | PA      | $28760.70     | 0.01%             | 2046-04-07      | Floating      | 1.28%                 | No            |                  2 | On Loan: No      |
| SBA                                                                               | SBA                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    346986 | PA      | $6397.97      | 0.00%             | 2031-05-10      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB7160                                      | CUSIP: 3140QS5W7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1676888 | PA      | $1745505.08   | 0.80%             | 2053-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Merck & Co., Inc                                                                  | MRK 4.75 12/04/35                              | CUSIP: 58933YBZ7<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2551736.10   | 1.18%             | 2035-12-04      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HENDERSON (NV), CITY OF                                                           | NV HEN 2.23 06/01/2028                         | CUSIP: 4252007E6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $241292.51    | 0.11%             | 2028-06-01      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB4314                                      | CUSIP: 3140QPYL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1717029 | PA      | $1664088.29   | 0.77%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    389700 | PA      | $2605.61      | 0.00%             | 2046-05-17      | Floating      | 0.28%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                                  | CA CASMED 1.98 06/01/2030                      | CUSIP: 13032UXS2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    815000 | PA      | $746947.76    | 0.34%             | 2030-06-01      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | G2 BE3008                                      | CUSIP: 3617BWKV6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     53373 | PA      | $50922.15     | 0.02%             | 2048-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB4967                                      | CUSIP: 3140QQQV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2109699 | PA      | $2140387.64   | 0.99%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2022-AHP                                             | BX 2022-AHP C                                  | CUSIP: 05610FAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2754965 | PA      | $2752986.92   | 1.27%             | 2039-01-18      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA2595                                      | CUSIP: 3140Q93D3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15966 | PA      | $15662.20     | 0.01%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    262500 | PA      | $3509.02      | 0.00%             | 2034-03-26      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc                                         | HASI 6.15 01/15/31                             | CUSIP: 40408AAA9<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1424753.52   | 0.66%             | 2031-01-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530012                                     | CUSIP: 8316A0AN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    159496 | PA      | $166486.66    | 0.08%             | 2032-01-25      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| IDAHO ENERGY RESOURCES AUTHORITY (ID)                                             | ID IERPWR 2.86 09/01/2046                      | CUSIP: 451174AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $350729.71    | 0.16%             | 2046-09-01      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| Doris Duke Charitable Foundation Inc                                              | DDCFDN 2.345 07/01/50 2020                     | CUSIP: 258261AA4<br>LEI: HFI2KJN5A6RHAGMWK984 | Long             | DBT              | CORP              | US        |    100000 | PA      | $55719.94     | 0.03%             | 2050-07-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA2575                                      | CUSIP: 3133KH2G0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    370033 | PA      | $315697.27    | 0.15%             | 2050-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    344250 | PA      | $986.14       | 0.00%             | 2031-05-15      | Floating      | 0.23%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    187500 | PA      | $783.99       | 0.00%             | 2034-04-01      | Fixed         | 0.23%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    437400 | PA      | $13369.39     | 0.01%             | 2046-06-23      | Floating      | 1.28%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530708                                     | CUSIP: 8316A0YE4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    301560 | PA      | $330261.03    | 0.15%             | 2034-12-25      | Variable      | 8.36%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FHMS Q014 A1                                   | CUSIP: 3137F72G9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    275962 | PA      | $228591.57    | 0.11%             | 2036-01-25      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                        | AMGN 5.25 03/02/33                             | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3591039.74   | 1.66%             | 2033-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEMPLE (TX), CITY OF                                                              | TX TEMUTL 1.8 08/01/2029                       | CUSIP: 880162JC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $640246.43    | 0.30%             | 2029-08-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST DEPT WTR RES                                                        | CA CASWTR 0.92 12/01/2026                      | CUSIP: 13067WRD6<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98095.15     | 0.05%             | 2026-12-01      | Fixed         | 0.92%                 | No            |                  2 | On Loan: No      |
| HIDALGO COUNTY TEX DRAIN DISTRICT NO 1                                            | TX HIDUTL 1.67 09/01/2029                      | CUSIP: 429335LV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $277855.00    | 0.13%             | 2029-09-01      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| BLUEHUB LOAN FUND INC                                                             | BLULNF 2.89 01/01/27 2020                      | CUSIP: 095623AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $247447.91    | 0.11%             | 2027-01-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR QC3844                                      | CUSIP: 3133ANHV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    673220 | PA      | $546262.60    | 0.25%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC                                                             | SWTCH 2024-2A A2                               | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    825000 | PA      | $814277.88    | 0.38%             | 2054-06-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BZ2581                                      | CUSIP: 3140NW2P9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1875000 | PA      | $1907829.25   | 0.88%             | 2029-12-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510841                                     | CUSIP: 83164NBJ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    578378 | PA      | $620180.88    | 0.29%             | 2046-08-25      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB5202                                      | CUSIP: 3140QQX83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    344790 | PA      | $359473.12    | 0.17%             | 2052-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CALLEGUAS MUNICIPAL WATER DISTRICT (CA)                                           | CA CLLCTF 2.52 07/01/2036                      | CUSIP: 13124MCM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $376583.87    | 0.17%             | 2036-07-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510760                                     | CUSIP: 83164M5V7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     46380 | PA      | $49208.89     | 0.02%             | 2031-01-25      | Variable      | 9.07%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                                                      | TMO 4.894 10/07/37                             | CUSIP: 883556DF6<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |   2285000 | PA      | $2252356.63   | 1.04%             | 2037-10-07      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA3174                                      | CUSIP: 3140QAQ45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41856 | PA      | $40125.45     | 0.02%             | 2049-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TIGARD ORE                                                                        | OR TIGWTR 2 08/01/2028                         | CUSIP: 88675ABV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $286421.70    | 0.13%             | 2028-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SANTA ROSA (CA), CITY OF                                                          | CA SRSUTL 2.31 09/01/2033                      | CUSIP: 802649TS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $260063.12    | 0.12%             | 2033-09-01      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA9048                                      | CUSIP: 3140QHBS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    299713 | PA      | $243716.28    | 0.11%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN AGY                                                     | DC DISHSG 2.15 03/01/2031                      | CUSIP: 254768VL5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    590000 | PA      | $530179.18    | 0.24%             | 2031-03-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                                   | LLY 4.75 02/12/30                              | CUSIP: 532457CV8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1730540.39   | 0.80%             | 2030-02-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RJ5020                                      | CUSIP: 3142GVSJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1742671 | PA      | $1790879.71   | 0.83%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | GNR 2018-26 AD                                 | CUSIP: 38380JPZ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     16715 | PA      | $15893.48     | 0.01%             | 2052-03-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TUCSON (AZ), CITY OF                                                              | AZ TUCWTR 1.88 07/01/2030                      | CUSIP: 898797HY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $228277.03    | 0.11%             | 2030-07-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Community Preservation Corporation                                                | THECPC 2.867 02/01/30 2020                     | CUSIP: 20402CAA3<br>LEI: 254900CWS66ZXCS6P481 | Long             | DBT              | CORP              | US        |    250000 | PA      | $234006.56    | 0.11%             | 2030-02-01      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530704                                     | CUSIP: 8316A0YA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    209064 | PA      | $225444.67    | 0.10%             | 2034-12-25      | Variable      | 7.61%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510131                                     | CUSIP: 83164MHG7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      4606 | PA      | $4605.85      | 0.00%             | 2028-02-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN BT1616                                      | CUSIP: 3140LPYN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3236421 | PA      | $2637099.26   | 1.22%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                       | AWK 4.45 06/01/32                              | CUSIP: 03040WBA2<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3100235.87   | 1.43%             | 2032-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Nature Conservancy                                                                | NACONV 1.861 07/01/33 A                        | CUSIP: 63902HAR0<br>LEI: 549300GJ1IZME7V1JJ28 | Long             | DBT              | CORP              | US        |     53000 | PA      | $42799.65     | 0.02%             | 2033-07-01      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| Andrew W. Mellon Foundation                                                       | MELLON 0.947 08/01/27 2020                     | CUSIP: 03444RAB4<br>LEI: HVIJIPOQ5TXYVD3NET54 | Long             | DBT              | CORP              | US        |    350000 | PA      | $336196.45    | 0.15%             | 2027-08-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA5197                                      | CUSIP: 3133KLX28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    749612 | PA      | $636771.81    | 0.29%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA2728                                      | CUSIP: 3133KJA51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129023 | PA      | $110037.48    | 0.05%             | 2050-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    443934 | PA      | $2930.41      | 0.00%             | 2031-06-15      | Floating      | 0.53%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                                                      | TMO 4.55 06/15/33                              | CUSIP: 883556DH2<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |   2565000 | PA      | $2533413.35   | 1.17%             | 2033-06-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                                       | ABBV 4.75 03/15/36                             | CUSIP: 00287YEG0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    980000 | PA      | $959730.53    | 0.44%             | 2036-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510462                                     | CUSIP: 83164MTT6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     39123 | PA      | $41537.51     | 0.02%             | 2044-09-25      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| SBA                                                                               | SBA                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    450000 | PA      | $3238.02      | 0.00%             | 2031-09-01      | Fixed         | 0.48%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510827                                     | CUSIP: 83164NA49<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    153070 | PA      | $158718.04    | 0.07%             | 2032-02-25      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB9076                                      | CUSIP: 3140QVCN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2035315 | PA      | $2058177.00   | 0.95%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    187500 | PA      | $783.99       | 0.00%             | 2034-04-01      | Fixed         | 0.23%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510709                                     | CUSIP: 83164M3S6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     57367 | PA      | $59706.65     | 0.03%             | 2045-11-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510406                                     | CUSIP: 83164MR35<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     56415 | PA      | $56500.19     | 0.03%             | 2044-04-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| DEXT ABS 2025-2 LLC                                                               | DEXT 2025-2 C                                  | CUSIP: 252153AE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1545000 | PA      | $1528310.54   | 0.70%             | 2036-04-15      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530566                                     | CUSIP: 8316A0TY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    108776 | PA      | $117428.48    | 0.05%             | 2034-05-25      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| SBA                                                                               | SBA                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    139500 | PA      | $2572.20      | 0.00%             | 2031-09-16      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| MARQUETTE BROWNFIELD REDEVELOPMENT AUTHORITY (MI)                                 | MI MARDEV 3.05 05/01/2027                      | CUSIP: 57143YBU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $94087.99     | 0.04%             | 2027-05-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA2912                                      | CUSIP: 3140QAGW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     59240 | PA      | $56806.47     | 0.03%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WALNUT VALLEY CALIF WTR DIST                                                      | CA WVYWTR 1.17 06/01/2027                      | CUSIP: 933002AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $310259.64    | 0.14%             | 2027-06-01      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 522646                                     | CUSIP: 83165BET5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     94847 | PA      | $100541.35    | 0.05%             | 2046-01-25      | Variable      | 6.87%                 | No            |                  2 | On Loan: No      |
| Nature Conservancy                                                                | NACONV 1.511 07/01/29 A                        | CUSIP: 63902HAM1<br>LEI: 549300GJ1IZME7V1JJ28 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63664.75     | 0.03%             | 2029-07-01      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BZ2936                                      | CUSIP: 3140NXHN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1610000 | PA      | $1627439.21   | 0.75%             | 2030-01-01      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| PRESERVATION OF AFFORDABLE HOUSING INC                                            | POAHIC 4.479 12/01/32                          | CUSIP: 74082VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2160000 | PA      | $2085164.86   | 0.96%             | 2032-12-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| SANTA ROSA (CA), CITY OF                                                          | CA SRSUTL 2.12 09/01/2031                      | CUSIP: 802649TQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $675017.62    | 0.31%             | 2031-09-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc                                         | HASI 6 03/15/36                                | CUSIP: 41068XAK6<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   1328000 | PA      | $1286375.30   | 0.59%             | 2036-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR QC3845                                      | CUSIP: 3133ANHW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    237607 | PA      | $201692.33    | 0.09%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    103500 | PA      | $1005.46      | 0.00%             | 2031-08-15      | Floating      | 0.78%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530029                                     | CUSIP: 8316A0A75<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    375334 | PA      | $390660.59    | 0.18%             | 2031-10-25      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN AGY                                                     | DC DISHSG 1.95 09/01/2029                      | CUSIP: 254768VJ0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    140000 | PA      | $129722.16    | 0.06%             | 2029-09-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT GREEN BK CONN                                                         | CT CTGGEN 1.95 11/15/2028                      | CUSIP: 207580AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $308216.82    | 0.14%             | 2028-11-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FR RA7454                                      | CUSIP: 3133KPH76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1747427 | PA      | $1655325.98   | 0.76%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BJ2670                                      | CUSIP: 3140H36G6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18352 | PA      | $17514.91     | 0.01%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTERN NASSAU COUNTY WATER AUTHORITY (NY)                                        | NY WSNWTR 2.58 04/01/2035                      | CUSIP: 958792FP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $414263.80    | 0.19%             | 2035-04-01      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| Fresb Mortgage Trust                                                              | FRESB 2021-SB87 A5H                            | CUSIP: 30320VAA9<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    764643 | PA      | $759858.19    | 0.35%             | 2041-04-25      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA3132                                      | CUSIP: 3140QAPS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41974 | PA      | $40196.54     | 0.02%             | 2049-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    212509 | PA      | $6732.21      | 0.00%             | 2033-09-08      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA3451                                      | CUSIP: 3140QAZR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    249155 | PA      | $230736.28    | 0.11%             | 2049-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR QC7895                                      | CUSIP: 3133ASXY4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    901276 | PA      | $730681.65    | 0.34%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    404563 | PA      | $9950.56      | 0.00%             | 2046-04-15      | Floating      | 1.03%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | GN AC3667                                      | CUSIP: 36179DCC2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18847 | PA      | $18484.32     | 0.01%             | 2026-08-15      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FG V84506                                      | CUSIP: 3132LAAF9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19287 | PA      | $18426.13     | 0.01%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA2740                                      | CUSIP: 3133KJBH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    324301 | PA      | $278394.61    | 0.13%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NARRAGANSETT BAY COMMISSION (RI)                                                  | RI NARPOL 2.09 09/01/2030                      | CUSIP: 631060CR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1187320.32   | 0.55%             | 2030-09-01      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| LANCASTER POWER AUTHORITY (CA)                                                    | CA LANPWR 2.68 11/01/2034                      | CUSIP: 513793BC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $448272.22    | 0.21%             | 2034-11-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB4767                                      | CUSIP: 3140QQJM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1645048 | PA      | $1632645.32   | 0.75%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510792                                     | CUSIP: 83164M7D5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    123171 | PA      | $127323.74    | 0.06%             | 2031-07-25      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Iqvia Inc                                                                         | IQV 6.25 02/01/29                              | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2339432.58   | 1.08%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CINCINNATI (OH), CITY OF                                                          | OH CINDEV 3.95 11/01/2028                      | CUSIP: 172254VJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $129831.79    | 0.06%             | 2028-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GE Healthcare Technologies Inc.                                                   | GEHC 4.95 12/15/35                             | CUSIP: 36266GAE7<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   1370000 | PA      | $1344865.78   | 0.62%             | 2035-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FHMS KF57 A                                    | CUSIP: 3137FKWZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     27109 | PA      | $27180.66     | 0.01%             | 2028-12-25      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA2340                                      | CUSIP: 3133KHS56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    163582 | PA      | $145699.60    | 0.07%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB0576                                      | CUSIP: 3140QKUA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    343742 | PA      | $293497.77    | 0.14%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROWLAND CALIF WTR DIST                                                            | CA ROWWTR 2.56 12/01/2036                      | CUSIP: 779657BG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $639573.91    | 0.29%             | 2036-12-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| PORTLAND ORE                                                                      | OR POR 1.51 06/15/2028                         | CUSIP: 736679C25<br>LEI: 254900RPNQMJF9NBMF52 | Long             | DBT              | MUN               | US        |    350000 | PA      | $331625.08    | 0.15%             | 2028-06-15      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BQ7524                                      | CUSIP: 3140KTLE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    268799 | PA      | $230331.71    | 0.11%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RBC Funds Trust                                                                   | RBC BlueBay U.S. Government Money Market Fund  | CUSIP: 74926P696<br>LEI: 549300456VUEP58RCU35 | Long             | STIV             | RF                | US        |   7879219 | NS      | $7879219.24   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BJ5158                                      | CUSIP: 3140H6WU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34578 | PA      | $33001.02     | 0.02%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530710                                     | CUSIP: 8316A0YG9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    410995 | PA      | $452444.05    | 0.21%             | 2034-12-25      | Variable      | 8.61%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA2727                                      | CUSIP: 3133KJA44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129399 | PA      | $105584.31    | 0.05%             | 2050-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530677                                     | CUSIP: 8316A0XF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    396056 | PA      | $450840.58    | 0.21%             | 2034-10-25      | Variable      | 10.36%                | No            |                  2 | On Loan: No      |
| CARROLL COUNTY WATER AUTHORITY (GA)                                               | GA CRRWTR 1.51 07/01/2027                      | CUSIP: 14478EGH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $276684.07    | 0.13%             | 2027-07-01      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| FRESB 2019-SB59 MORTGAGE TRUST                                                    | FRESB 2019-SB59 A10F                           | CUSIP: 302970AG3<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |     89734 | PA      | $88261.86     | 0.04%             | 2029-01-25      | Variable      | 3.47%                 | No            |                  2 | On Loan: No      |
| BREMBO NV FILIALE DI BERGAMO                                                      | BREN 2022-1 B                                  | CUSIP: 55026CAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IT        |   2948786 | PA      | $2891767.17   | 1.33%             | 2062-07-31      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| CUCAMONGA COUNTY WATER DISTRICT (CA)                                              | CA CCMWTR 3.6 09/01/2027                       | CUSIP: 22972PCL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1494037.97   | 0.69%             | 2027-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 522555                                     | CUSIP: 83165BBY7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     22946 | PA      | $23780.17     | 0.01%             | 2029-06-25      | Variable      | 7.99%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    108364 | PA      | $453.10       | 0.00%             | 2034-01-01      | Fixed         | 0.23%                 | No            |                  2 | On Loan: No      |
| BOSTON WATER & SEWER COMMISSION (MA)                                              | MA BOSUTL 1.37 11/01/2027                      | CUSIP: 101029WZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $577425.75    | 0.27%             | 2027-11-01      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                       | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       163 | NC      | $-507268.45   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| NARRAGANSETT BAY COMMISSION (RI)                                                  | RI NARPOL 2.26 09/01/2032                      | CUSIP: 631060CT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $353138.70    | 0.16%             | 2032-09-01      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB0480                                      | CUSIP: 3140QKRA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    901372 | PA      | $765406.99    | 0.35%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510806                                     | CUSIP: 83164NAF4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     70879 | PA      | $73529.91     | 0.03%             | 2031-04-25      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BT8237                                      | CUSIP: 3140LXEK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1299667 | PA      | $1231267.40   | 0.57%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530757                                     | CUSIP: 8316A0ZX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    769531 | PA      | $848289.07    | 0.39%             | 2035-02-25      | Variable      | 8.61%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR WA4461                                      | CUSIP: 3132XDB77<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1957092 | PA      | $1986451.64   | 0.92%             | 2030-01-01      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| ECONOMY BOROUGH MUNICIPAL AUTHORITY (PA)                                          | PA ECOUTL 1.65 12/15/2028                      | CUSIP: 27915REJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $775221.92    | 0.36%             | 2028-12-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| HONOLULU (HI), CITY & COUNTY OF                                                   | HI HON 1.47 07/01/2028                         | CUSIP: 438687SA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $658214.50    | 0.30%             | 2028-07-01      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR QB5731                                      | CUSIP: 3133ACLL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    133551 | PA      | $108739.16    | 0.05%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB6826                                      | CUSIP: 3140QSSQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1934208 | PA      | $1963008.79   | 0.90%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 130613                                     | CUSIP: 8316AGAN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    529107 | PA      | $615572.76    | 0.28%             | 2034-10-25      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Avangrid Inc                                                                      | AGR 3.8 06/01/29                               | CUSIP: 05351WAB9<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1319879.32   | 0.61%             | 2029-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PALM COAST (FL), CITY OF                                                          | FL PCOUTL 1.44 10/01/2028                      | CUSIP: 69661KDH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1877161.10   | 0.87%             | 2028-10-01      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| WESTERN NASSAU COUNTY WATER AUTHORITY (NY)                                        | NY WSNWTR 2.5 04/01/2034                       | CUSIP: 958792FN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $506957.29    | 0.23%             | 2034-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB6784                                      | CUSIP: 3140QSRE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1961183 | PA      | $1991528.26   | 0.92%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA3456                                      | CUSIP: 3140QAZW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180368 | PA      | $167596.37    | 0.08%             | 2049-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA1714                                      | CUSIP: 3133KG3X4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75234 | PA      | $67057.10     | 0.03%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BJ9477                                      | CUSIP: 3140HBQ76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39076 | PA      | $37460.51     | 0.02%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                          | HCA 5.45 09/15/34                              | CUSIP: 404121AK1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1861000 | PA      | $1878284.66   | 0.87%             | 2034-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530756                                     | CUSIP: 8316A0ZW3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    239612 | PA      | $273882.63    | 0.13%             | 2035-03-25      | Variable      | 10.11%                | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    149272 | PA      | $5412.25      | 0.00%             | 2033-08-10      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA4503                                      | CUSIP: 3133KLAC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    283635 | PA      | $230642.15    | 0.11%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HIDALGO COUNTY TEX DRAIN DISTRICT NO 1                                            | TX HIDUTL 1.5 09/01/2028                       | CUSIP: 429335LU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $122743.18    | 0.06%             | 2028-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    164250 | PA      | $686.78       | 0.00%             | 2034-03-01      | Fixed         | 0.23%                 | No            |                  2 | On Loan: No      |
| PHOENIX CITY CIVIC IMPROVEMENT CORP (AZ)                                          | AZ PHOWTR 1.38 07/01/2027                      | CUSIP: 71883RRR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $726782.00    | 0.34%             | 2027-07-01      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT OF NASHVILLE & DAVIDSON INDUSTRIAL DEVELOPMENT BOARD (TN) | TN METUTL 1.47 07/01/2027                      | CUSIP: 592098X85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $155386.80    | 0.07%             | 2027-07-01      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BR2051                                      | CUSIP: 3140L0H59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1296688 | PA      | $1101092.25   | 0.51%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA6760                                      | CUSIP: 3133KNQM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1715758 | PA      | $1517786.23   | 0.70%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    179309 | PA      | $749.74       | 0.00%             | 2034-03-01      | Fixed         | 0.23%                 | No            |                  2 | On Loan: No      |
| John D & Catherine T Macarthur Foundation                                         | John D and Catherine T MacArthur Foundation    | CUSIP: 477854AA1<br>LEI: UJ37UD5B4O5WRVV6NV96 | Long             | DBT              | CORP              | US        |    400000 | PA      | $345071.15    | 0.16%             | 2030-12-01      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN BZ3608                                      | CUSIP: 3140NYAJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2800000 | PA      | $2837846.35   | 1.31%             | 2030-04-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| MMP CAPITAL 2025-A LLC                                                            | MMP 2025-A A                                   | CUSIP: 55317QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    857074 | PA      | $861172.55    | 0.40%             | 2031-12-15      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS                                                | MA MASTRN 2.48 07/01/2033                      | CUSIP: 575579M79<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $916244.43    | 0.42%             | 2033-07-01      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF                                                                 | CA LOS 2.95 09/01/2028                         | CUSIP: 544351LP2<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97757.04     | 0.05%             | 2028-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                                                | RPRX 5.15 09/02/29                             | CUSIP: 78081BAQ6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   1940000 | PA      | $1974423.13   | 0.91%             | 2029-09-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST CAP IMPT AUTH                                                         | OK OKSGEN 2.63 07/01/2029                      | CUSIP: 679088KK9<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |    745000 | PA      | $711745.67    | 0.33%             | 2029-07-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Low Income Investment Fund                                                        | LOWINF 3.711 07/01/29 2019                     | CUSIP: 54750AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1259174.59   | 0.58%             | 2029-07-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BQ7523                                      | CUSIP: 3140KTLD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    186260 | PA      | $151655.66    | 0.07%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB5220                                      | CUSIP: 3140QQYS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    656187 | PA      | $685919.59    | 0.32%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR QG5944                                      | CUSIP: 3133C6S91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1800551 | PA      | $1787714.70   | 0.82%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kenvue Inc.                                                                       | KVUE 5 03/22/30                                | CUSIP: 49177JAH5<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2546291.25   | 1.17%             | 2030-03-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB4272                                      | CUSIP: 3140QPXA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1926743 | PA      | $1867336.75   | 0.86%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN AGY                                                     | DC DISHSG 1.7 03/01/2028                       | CUSIP: 254768VF8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    200000 | PA      | $191200.27    | 0.09%             | 2028-03-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| ROWLAND CALIF WTR DIST                                                            | CA ROWWTR 1.91 12/01/2031                      | CUSIP: 779657BC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $872944.49    | 0.40%             | 2031-12-01      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA1068                                      | CUSIP: 3140Q8FJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13763 | PA      | $12805.75     | 0.01%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     48450 | PA      | $422.78       | 0.00%             | 2034-04-01      | Fixed         | 0.48%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA5020                                      | CUSIP: 3133KLSH1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    400848 | PA      | $325674.83    | 0.15%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CA1066                                      | CUSIP: 3140Q8FG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29435 | PA      | $28152.93     | 0.01%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The Reinvestment Fund, Inc.                                                       | REIFUN 3.93 02/15/28                           | CUSIP: 75936LAM6<br>LEI: 254900M05GOONA6Z9I72 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2487133.43   | 1.15%             | 2028-02-15      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| U.S. International Development Finance Corporation                                | DFC F 07/07/40 271                             | CUSIP: 690353P76<br>LEI: 254900QI8QTIK0FY6E92 | Long             | ABS-O            | USGA              | US        |   1932092 | PA      | $1932092.50   | 0.89%             | 2040-07-07      | Floating      | 3.84%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST CAP IMPT AUTH                                                         | OK OKSGEN 2.58 07/01/2028                      | CUSIP: 679088KJ2<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |    715000 | PA      | $692500.13    | 0.32%             | 2028-07-01      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB3227                                      | CUSIP: 3140QNSR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2063121 | PA      | $1894286.51   | 0.87%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530018                                     | CUSIP: 8316A0AU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    312048 | PA      | $333025.39    | 0.15%             | 2046-08-25      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| OREGON ST                                                                         | OR ORS 1.31 06/01/2027                         | CUSIP: 68609TVP0<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    345000 | PA      | $335037.71    | 0.15%             | 2027-06-01      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY                                                   | CA SFO 1.95 06/15/2027                         | CUSIP: 7976466A9<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97413.28     | 0.04%             | 2027-06-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                       | VZ 4.75 01/15/33                               | CUSIP: 92343VHF4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2665433.91   | 1.23%             | 2033-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                       | U.S. Treasury Bond Futures, Jun-2026,ETH       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        40 | NC      | $-116335.60   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                                                          | T 5.55 11/01/45                                | CUSIP: 00206RND0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   3085000 | PA      | $2918604.66   | 1.35%             | 2045-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510724                                     | CUSIP: 83164M4H9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     30872 | PA      | $32584.38     | 0.02%             | 2030-10-25      | Variable      | 9.07%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN BZ6023                                      | CUSIP: 3140Q1VR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2325000 | PA      | $2311330.29   | 1.07%             | 2030-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                       | AWK 5.25 03/01/35                              | CUSIP: 03040WBF1<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |   2720000 | PA      | $2764077.07   | 1.27%             | 2035-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LANCASTER POWER AUTHORITY (CA)                                                    | CA LANPWR 2.79 11/01/2035                      | CUSIP: 513793BD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $635726.39    | 0.29%             | 2035-11-01      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530791                                     | CUSIP: 8316A02Z2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    176377 | PA      | $194677.18    | 0.09%             | 2035-04-25      | Variable      | 8.61%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA5237                                      | CUSIP: 3133KLZA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    434110 | PA      | $368762.46    | 0.17%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB5166                                      | CUSIP: 3140QQW43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1210853 | PA      | $1247146.95   | 0.57%             | 2052-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| U.S. International Development Finance Corporation                                | DFC 1.44 04/15/28 2                            | CUSIP: 90376PDF5<br>LEI: 254900QI8QTIK0FY6E92 | Long             | ABS-O            | USGA              | US        |   1000000 | PA      | $965272.37    | 0.44%             | 2028-04-15      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                                                | TAST 2022-1A F                                 | CUSIP: 89616BAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2320000 | PA      | $1347456.00   | 0.62%             | 2029-07-16      | Fixed         | 9.80%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HSG FIN AUTH                                                       | CT CTSHSG 4.8 05/15/2028                       | CUSIP: 20775H8B2<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2791050.38   | 1.29%             | 2028-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BJ0657                                      | CUSIP: 3140H1WT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8934 | PA      | $8527.22      | 0.00%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN BZ3654                                      | CUSIP: 3140NYBY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1322000 | PA      | $1359176.09   | 0.63%             | 2030-05-01      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                                  | CA CASMED 2.53 06/01/2035                      | CUSIP: 13032UXW3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    990000 | PA      | $829794.66    | 0.38%             | 2035-06-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| FRESB MORTGAGE TRUST 2018-SB48                                                    | FRESB 2018-SB48 A10F                           | CUSIP: 30296RAP5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |     38858 | PA      | $38378.22     | 0.02%             | 2028-02-25      | Variable      | 3.36%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 522502                                     | CUSIP: 83165BAB8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      8311 | PA      | $8496.42      | 0.00%             | 2028-11-25      | Variable      | 7.73%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    132635 | PA      | $1773.03      | 0.00%             | 2034-02-28      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| HIDALGO COUNTY TEX DRAIN DISTRICT NO 1                                            | TX HIDUTL 1.1 09/01/2026                       | CUSIP: 429335LS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $272027.79    | 0.13%             | 2026-09-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FR QE6510                                      | CUSIP: 3133BGGT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1622482 | PA      | $1572607.25   | 0.72%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FR RA3680                                      | CUSIP: 3133KKCR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    234962 | PA      | $200168.94    | 0.09%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN CB6607                                      | CUSIP: 3140QSKV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1199954 | PA      | $1213458.93   | 0.56%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN AGY                                                     | DC DISHSG 1.6 09/01/2027                       | CUSIP: 254768VE1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    195000 | PA      | $188564.01    | 0.09%             | 2027-09-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    262500 | PA      | $3509.02      | 0.00%             | 2034-03-28      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA5621                                      | CUSIP: 3133KMG66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    190722 | PA      | $161834.28    | 0.07%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA VALLEY WATER DISTRICT (CA)                                            | CA SCVWTR 1.88 06/01/2032                      | CUSIP: 80168FPE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $919426.43    | 0.42%             | 2032-06-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ROWLAND CALIF WTR DIST                                                            | CA ROWWTR 1.61 12/01/2029                      | CUSIP: 779657BA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $227706.51    | 0.10%             | 2029-12-01      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                          | HCA 5 03/01/28                                 | CUSIP: 404119CY3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2324266.20   | 1.07%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 100154                                     | CUSIP: 831628E32<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     28225 | PA      | $28114.37     | 0.01%             | 2030-07-25      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| Low Income Investment Fund                                                        | LOWINF 3.386 07/01/26 2019                     | CUSIP: 54750AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    590000 | PA      | $588080.01    | 0.27%             | 2026-07-01      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | GN BB3740                                      | CUSIP: 3617AUEM8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     20268 | PA      | $19353.07     | 0.01%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARKER WATER AND SANITATION DISTRICT (CO)                                         | CO PARWTR 2.1 08/01/2029                       | CUSIP: 701057BZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $259296.83    | 0.12%             | 2029-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510849                                     | CUSIP: 83164NBS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    225411 | PA      | $235824.31    | 0.11%             | 2031-09-25      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| TEMPLE (TX), CITY OF                                                              | TX TEMUTL 1.53 08/01/2027                      | CUSIP: 880162JA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $290194.91    | 0.13%             | 2027-08-01      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510137                                     | CUSIP: 83164MHN2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      6289 | PA      | $6391.06      | 0.00%             | 2028-02-25      | Variable      | 7.45%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                                       | ABBV 4.8 03/15/29                              | CUSIP: 00287YDS5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1219345.48   | 0.56%             | 2029-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND INFRASTUCTURE BANK                                                   | RI RHIGEN 1.4 10/01/2028                       | CUSIP: 76223MAH5<br>LEI: 54930022Z6KOPRSQCG49 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $938248.21    | 0.43%             | 2028-10-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR QB5732                                      | CUSIP: 3133ACLM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    181888 | PA      | $154840.81    | 0.07%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    447502 | PA      | $1281.92      | 0.00%             | 2031-03-15      | Floating      | 0.23%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN AN0360                                      | CUSIP: 3138LCMJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50000 | PA      | $42786.54     | 0.02%             | 2045-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN BZ3698                                      | CUSIP: 3140NYDC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $2018575.05   | 0.93%             | 2030-02-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN BZ6126                                      | CUSIP: 3140Q1YY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1983021.07   | 0.91%             | 2031-01-01      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                                           | CO COSHSG 4.59 12/01/2027                      | CUSIP: 19648GVD1<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1973757.14   | 0.91%             | 2027-12-01      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA2256                                      | CUSIP: 3133KHQH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    123896 | PA      | $110390.27    | 0.05%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FG V85381                                      | CUSIP: 3132LA6S6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    167521 | PA      | $155899.02    | 0.07%             | 2049-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BALTIMORE (MD), CITY OF                                                           | MD BALGEN 1.57 07/01/2028                      | CUSIP: 059231X62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $212649.34    | 0.10%             | 2028-07-01      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| SALT LAKE & SANDY UTAH                                                            | UT SLKWTR 1.52 07/01/2028                      | CUSIP: 795560DS7<br>LEI: 549300WSGSDWQU727366 | Long             | DBT              | MUN               | US        |    520000 | PA      | $494602.15    | 0.23%             | 2028-07-01      | Fixed         | 1.52%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 530759                                     | CUSIP: 8316A0ZZ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    659581 | PA      | $723289.27    | 0.33%             | 2035-02-25      | Variable      | 8.36%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BJ3178                                      | CUSIP: 3140H4Q80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41211 | PA      | $39638.56     | 0.02%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 130612                                     | CUSIP: 8316AGAM7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    249524 | PA      | $283225.16    | 0.13%             | 2034-05-25      | Fixed         | 10.62%                | No            |                  2 | On Loan: No      |
| Elevance Health Inc.                                                              | ELV 5.15 06/15/29                              | CUSIP: 036752AY9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3157928.48   | 1.46%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA VALLEY WATER DISTRICT (CA)                                            | CA SCVWTR 1.78 06/01/2031                      | CUSIP: 80168FPD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $354909.15    | 0.16%             | 2031-06-01      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FG V85365                                      | CUSIP: 3132LA6A5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     57657 | PA      | $53758.63     | 0.02%             | 2049-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                          | HCA 5.7 11/15/55                               | CUSIP: 404119DH9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2030000 | PA      | $1888236.83   | 0.87%             | 2055-11-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FG V84836                                      | CUSIP: 3132LALR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     38839 | PA      | $37238.60     | 0.02%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN BP8741                                      | CUSIP: 3140KGWB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     92286 | PA      | $78677.70     | 0.04%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    495000 | PA      | $4808.73      | 0.00%             | 2031-08-15      | Floating      | 0.78%                 | No            |                  2 | On Loan: No      |
| WALNUT VALLEY CALIF WTR DIST                                                      | CA WVYWTR 1.37 06/01/2028                      | CUSIP: 933002AE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $307732.49    | 0.14%             | 2028-06-01      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    186547 | PA      | $6763.74      | 0.00%             | 2033-12-18      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 522468                                     | CUSIP: 83165A6D1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     17619 | PA      | $18648.56     | 0.01%             | 2043-03-25      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 130614                                     | CUSIP: 8316AGAP0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    146231 | PA      | $164413.53    | 0.08%             | 2035-03-25      | Fixed         | 10.61%                | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BP3417                                      | CUSIP: 3140KAYP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    383215 | PA      | $325410.30    | 0.15%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CITY WATER WORKS BOARD (AL)                                            | AL BIRWTR 2.39 01/01/2035                      | CUSIP: 091096PF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $615176.71    | 0.28%             | 2035-01-01      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR QE4428                                      | CUSIP: 3133BD4M4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    649730 | PA      | $615535.05    | 0.28%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER POWER AUTHORITY (CA)                                                    | CA LANPWR 1.92 11/01/2028                      | CUSIP: 513793AW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $269296.21    | 0.12%             | 2028-11-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| LANCASTER POWER AUTHORITY (CA)                                                    | CA LANPWR 2.56 11/01/2033                      | CUSIP: 513793BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $454805.04    | 0.21%             | 2033-11-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX AREA RAPID TRAN                                                        | TX DALTRN 2.18 12/01/2032                      | CUSIP: 235241VQ6<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    800000 | PA      | $699719.48    | 0.32%             | 2032-12-01      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FG Q59453                                      | CUSIP: 3132Y3QF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     36510 | PA      | $34887.80     | 0.02%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                                  | CA CASMED 1.68 06/01/2028                      | CUSIP: 13032UXQ6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    250000 | PA      | $238202.13    | 0.11%             | 2028-06-01      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA1713                                      | CUSIP: 3133KG3W6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     48122 | PA      | $42892.51     | 0.02%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC 2024-1                                                      | SWTCH 2024-1A A2                               | CUSIP: 871044AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $322418.23    | 0.15%             | 2054-03-25      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN BZ3699                                      | CUSIP: 3140NYDD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1534000 | PA      | $1548247.07   | 0.71%             | 2030-02-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| SBA                                                                               | SBA                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    270000 | PA      | $4978.45      | 0.00%             | 2031-08-02      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| Nature Conservancy                                                                | NACONV 0.944 07/01/26 A                        | CUSIP: 63902HAJ8<br>LEI: 549300GJ1IZME7V1JJ28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991019.31    | 0.46%             | 2026-07-01      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST 2024-3                                         | TAST 2024-3A D                                 | CUSIP: 89617AAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $200700.00    | 0.09%             | 2029-04-16      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corporation                                                      | NOVNVX 4.9 03/18/36                            | CUSIP: 66989HBJ6<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |   1440000 | PA      | $1436442.72   | 0.66%             | 2036-03-18      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WALNUT VALLEY CALIF WTR DIST                                                      | CA WVYWTR 0.962 06/01/2026                     | CUSIP: 933002AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $313524.76    | 0.14%             | 2026-06-01      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA5701                                      | CUSIP: 3133KMKN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    660399 | PA      | $535398.04    | 0.25%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Healthcare Realty Holdings L.P                                                    | HR 2.4 03/15/30                                | CUSIP: 42225UAL8<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1915311.36   | 0.88%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BO1263                                      | CUSIP: 3140JVMM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20206 | PA      | $18799.56     | 0.01%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RA4927                                      | CUSIP: 3133KLPL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    261484 | PA      | $212538.01    | 0.10%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    135000 | PA      | $564.48       | 0.00%             | 2034-04-01      | Fixed         | 0.23%                 | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST 2023-2                                         | TAST 2024-1A D                                 | CUSIP: 89616LAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $612480.00    | 0.28%             | 2028-04-17      | Fixed         | 8.61%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                                                     | SBA 510249                                     | CUSIP: 83164ML64<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     24429 | PA      | $25445.42     | 0.01%             | 2043-09-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| SBA 7(a) Certificate of Originator's Fee                                          | SBA 7(a) Certificate of Originator's Fee       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    222833 | PA      | $2164.73      | 0.00%             | 2031-04-15      | Floating      | 0.78%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

**Name of Applicant:** RBC Funds Trust

**Signature:** Kathy Hegna

**Name of Signer:** Kathy Hegna

**Title:** Treasurer and Chief Financial Officer - RBC Funds, and Director of Mutual Fund Services | RBC Global Asset Management (U.S.) Inc.