# EDGAR Filing Document

**Accession Number:** 0000100334
**File Stem:** 0001193125-26-129589
**Filing Date:** 2026-3
**Character Count:** 317162
**Document Hash:** 1b2f5bdf2a744cff62549105831c9f70
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-129589.hdr.sgml**: 20260330

**ACCESSION NUMBER**: 0001193125-26-129589

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260330

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY MUTUAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000100334

**ORGANIZATION NAME:**
- **EIN:** 446006315
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00816
- **FILM NUMBER:** 26808923

**BUSINESS ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111
- **BUSINESS PHONE:** 816-531-5575

**MAIL ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN CENTURY MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19970107

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TWENTIETH CENTURY INVESTORS INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### BALANCED FUND (Series ID: S000006192)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000017045 | INVESTOR CLASS | TWBIX           |
| C000017047 | I CLASS        | ABINX           |
| C000189734 | R5 CLASS       | ABGNX           |

## Nport-Ex

**American Century Investments**<sup>®</sup>

**Quarterly Portfolio Holdings**

**Balanced Fund**

**January 31, 2026**

------

---

| |
|:---|
| **<u>Balanced Fund - Schedule of Investments</u>** |
| **JANUARY 31, 2026 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares/<br>Principal Amount ($)** | **Value ($)** |
| **COMMON STOCKS — 59.7%** | | |
| **Air Freight and Logistics — 0.2%** | | |
| FedEx Corp. | 6946 | 2238348 |
| **Automobiles — 1.0%** |  |  |
| Tesla, Inc.<sup>(1)</sup> | 20345 | 8756691 |
| **Banks — 2.5%** |  |  |
| Bank of America Corp. | 147440 | 7843808 |
| JPMorgan Chase & Co. | 26703 | 8168181 |
| Regions Financial Corp. | 248452 | 7080882 |
|  |  | 23092871 |
| **Beverages — 0.5%** |  |  |
| PepsiCo, Inc. | 26757 | 4110678 |
| **Biotechnology — 1.4%** |  |  |
| AbbVie, Inc. | 22970 | 5122540 |
| Gilead Sciences, Inc. | 34665 | 4920697 |
| Vertex Pharmaceuticals, Inc.<sup>(1)</sup> | 6328 | 2973527 |
|  |  | 13016764 |
| **Broadline Retail — 2.3%** |  |  |
| Amazon.com, Inc.<sup>(1)</sup> | 85405 | 20437416 |
| **Building Products — 0.9%** |  |  |
| Johnson Controls International PLC | 32255 | 3846731 |
| Trane Technologies PLC | 10004 | 4207483 |
|  |  | 8054214 |
| **Capital Markets — 2.9%** |  |  |
| Ameriprise Financial, Inc. | 6509 | 3431480 |
| Blackrock, Inc. | 3213 | 3595154 |
| Goldman Sachs Group, Inc. | 5106 | 4776203 |
| Intercontinental Exchange, Inc. | 15334 | 2664743 |
| KKR & Co., Inc. | 20941 | 2392719 |
| Morgan Stanley | 22832 | 4173690 |
| S&P Global, Inc. | 10574 | 5580851 |
|  |  | 26614840 |
| **Chemicals — 0.9%** |  |  |
| Ecolab, Inc. | 11684 | 3294771 |
| Linde PLC | 11335 | 5179755 |
|  |  | 8474526 |
| **Communications Equipment — 0.5%** |  |  |
| Motorola Solutions, Inc. | 10267 | 4132878 |
| **Consumer Finance — 0.6%** |  |  |
| American Express Co. | 14968 | 5271281 |
| **Consumer Staples Distribution & Retail — 0.9%** |  |  |
| Costco Wholesale Corp. | 3892 | 3659453 |
| Sysco Corp. | 50352 | 4222015 |
|  |  | 7881468 |
| **Containers and Packaging — 0.3%** |  |  |
| Ball Corp. | 42581 | 2421581 |
| **Diversified Telecommunication Services — 0.2%** |  |  |
| Verizon Communications, Inc. | 41125 | 1830885 |
| **Electric Utilities — 1.0%** |  |  |
| NextEra Energy, Inc. | 103373 | 9086487 |

---

------

---

| | | |
|:---|:---|:---|
| **Electrical Equipment — 0.8%** | | |
| Eaton Corp. PLC | 11592 | 4073661 |
| GE Vernova, Inc. | 3988 | 2896763 |
|  |  | 6970424 |
| **Energy Equipment and Services — 0.5%** |  |  |
| SLB Ltd. | 90856 | 4395613 |
| **Entertainment — 0.5%** |  |  |
| Liberty Media Corp.-Liberty Formula One, Class C<sup>(1)</sup> | 9164 | 797451 |
| Netflix, Inc.<sup>(1)</sup> | 45710 | 3816328 |
|  |  | 4613779 |
| **Financial Services — 1.5%** |  |  |
| Mastercard, Inc., Class A | 16847 | 9076995 |
| Visa, Inc., Class A | 14574 | 4690351 |
|  |  | 13767346 |
| **Ground Transportation — 0.5%** |  |  |
| Uber Technologies, Inc.<sup>(1)</sup> | 28675 | 2295434 |
| Union Pacific Corp. | 11347 | 2667679 |
|  |  | 4963113 |
| **Health Care Equipment and Supplies — 0.6%** |  |  |
| IDEXX Laboratories, Inc.<sup>(1)</sup> | 4754 | 3187367 |
| Intuitive Surgical, Inc.<sup>(1)</sup> | 5065 | 2553874 |
|  |  | 5741241 |
| **Health Care Providers and Services — 1.1%** |  |  |
| Cencora, Inc. | 7602 | 2730791 |
| Cigna Group | 16053 | 4400288 |
| UnitedHealth Group, Inc. | 8694 | 2494569 |
|  |  | 9625648 |
| **Health Care REITs — 0.6%** |  |  |
| Welltower, Inc. | 29790 | 5611244 |
| **Hotels, Restaurants and Leisure — 0.8%** |  |  |
| Airbnb, Inc., Class A<sup>(1)</sup> | 7386 | 955527 |
| Booking Holdings, Inc. | 563 | 2816036 |
| Marriott International, Inc., Class A | 11953 | 3768781 |
|  |  | 7540344 |
| **Household Products — 1.1%** |  |  |
| Church & Dwight Co., Inc. | 26246 | 2526177 |
| Colgate-Palmolive Co. | 21608 | 1950986 |
| Procter & Gamble Co. | 37797 | 5736451 |
|  |  | 10213614 |
| **Industrial Conglomerates — 0.5%** |  |  |
| Honeywell International, Inc. | 18828 | 4283747 |
| **Industrial REITs — 0.6%** |  |  |
| Prologis, Inc. | 41970 | 5479603 |
| **Insurance — 0.9%** |  |  |
| Marsh & McLennan Cos., Inc. | 12099 | 2276911 |
| MetLife, Inc. | 47864 | 3775512 |
| Progressive Corp. | 10077 | 2096016 |
|  |  | 8148439 |
| **Interactive Media and Services — 5.3%** |  |  |
| Alphabet, Inc., Class A | 103883 | 35112454 |
| Meta Platforms, Inc., Class A | 18397 | 13181450 |
|  |  | 48293904 |
| **IT Services — 1.1%** |  |  |
| International Business Machines Corp. | 27272 | 8364322 |

---

------

---

| | | |
|:---|:---|:---|
| MongoDB, Inc.<sup>(1)</sup> | 4141 | 1537678 |
|  |  | 9902000 |
| **Life Sciences Tools and Services — 1.2%** |  |  |
| Agilent Technologies, Inc. | 13906 | 1861318 |
| Danaher Corp. | 23411 | 5124434 |
| Thermo Fisher Scientific, Inc. | 6908 | 3997038 |
|  |  | 10982790 |
| **Machinery — 1.8%** |  |  |
| Cummins, Inc. | 10422 | 6032462 |
| Deere & Co. | 5313 | 2805264 |
| Parker-Hannifin Corp. | 3499 | 3274504 |
| Xylem, Inc. | 31264 | 4310368 |
|  |  | 16422598 |
| **Oil, Gas and Consumable Fuels — 0.9%** |  |  |
| Cheniere Energy, Inc. | 17113 | 3619742 |
| Williams Cos., Inc. | 71357 | 4799472 |
|  |  | 8419214 |
| **Pharmaceuticals — 1.7%** |  |  |
| Bristol-Myers Squibb Co. | 29524 | 1625296 |
| Eli Lilly & Co. | 7846 | 8137479 |
| Merck & Co., Inc. | 24856 | 2740871 |
| Zoetis, Inc. | 23598 | 2945503 |
|  |  | 15449149 |
| **Professional Services — 0.4%** |  |  |
| Automatic Data Processing, Inc. | 12934 | 3192370 |
| **Semiconductors and Semiconductor Equipment — 9.4%** |  |  |
| Analog Devices, Inc. | 22442 | 6976769 |
| Applied Materials, Inc. | 14671 | 4728757 |
| ASML Holding NV | 1791 | 2568124 |
| Broadcom, Inc. | 51091 | 16926448 |
| Lam Research Corp. | 14387 | 3358789 |
| Micron Technology, Inc. | 3186 | 1321808 |
| NVIDIA Corp. | 243298 | 46501547 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 9040 | 2988262 |
|  |  | 85370504 |
| **Software — 6.0%** |  |  |
| AppLovin Corp., Class A<sup>(1)</sup> | 4381 | 2072695 |
| Cadence Design Systems, Inc.<sup>(1)</sup> | 16674 | 4941507 |
| Crowdstrike Holdings, Inc., Class A<sup>(1)</sup> | 4741 | 2092701 |
| Dynatrace, Inc.<sup>(1)</sup> | 55025 | 2095902 |
| Microsoft Corp. | 84380 | 36307870 |
| Salesforce, Inc. | 8765 | 1860722 |
| ServiceNow, Inc.<sup>(1)</sup> | 23300 | 2726333 |
| Workday, Inc., Class A<sup>(1)</sup> | 13026 | 2287756 |
|  |  | 54385486 |
| **Specialized REITs — 0.3%** |  |  |
| Equinix, Inc. | 3130 | 2569511 |
| **Specialty Retail — 2.1%** |  |  |
| Home Depot, Inc. | 19454 | 7287274 |
| O'Reilly Automotive, Inc.<sup>(1)</sup> | 31932 | 3142428 |
| TJX Cos., Inc. | 38577 | 5779221 |
| Tractor Supply Co. | 63373 | 3224418 |
|  |  | 19433341 |

---

------

---

| | | |
|:---|:---|:---|
| **Technology Hardware, Storage and Peripherals — 2.8%** | | |
| Apple, Inc. | 99514 | 25821893 |
| **Trading Companies and Distributors — 0.6%** |  |  |
| Ferguson Enterprises, Inc. | 9923 | 2505160 |
| United Rentals, Inc. | 3694 | 2888930 |
|  |  | 5394090 |
| **TOTAL COMMON STOCKS** <br>(Cost $288,944,707) |  | **542411933** |
| **U.S. TREASURY SECURITIES — 10.8%** |  |  |
| U.S. Treasury Notes, 4.625%, 9/15/26 | 300000 | 301792 |
| U.S. Treasury Notes, 3.50%, 10/31/27 | 8000000 | 7995000 |
| U.S. Treasury Notes, 3.50%, 1/31/28 | 2000000 | 1998711 |
| U.S. Treasury Notes, 3.875%, 6/15/28 | 2500000 | 2518018 |
| U.S. Treasury Notes, 4.125%, 3/31/29<sup>(2)</sup> | 12500000 | 12685059 |
| U.S. Treasury Notes, 4.25%, 6/30/29 | 2100000 | 2139867 |
| U.S. Treasury Notes, 3.875%, 12/31/29 | 400000 | 402422 |
| U.S. Treasury Notes, 4.00%, 5/31/30 | 1100000 | 1110957 |
| U.S. Treasury Notes, 3.625%, 8/31/30 | 5800000 | 5763750 |
| U.S. Treasury Notes, 4.125%, 8/31/30 | 9200000 | 9333328 |
| U.S. Treasury Notes, 4.875%, 10/31/30 | 4600000 | 4816613 |
| U.S. Treasury Notes, 3.50%, 11/30/30 | 4900000 | 4837602 |
| U.S. Treasury Notes, 4.375%, 11/30/30 | 11600000 | 11894531 |
| U.S. Treasury Notes, 3.625%, 12/31/30 | 1600000 | 1587625 |
| U.S. Treasury Notes, 3.75%, 12/31/30 | 2500000 | 2494189 |
| U.S. Treasury Notes, 3.75%, 1/31/31<sup>(3)</sup> | 1600000 | 1596062 |
| U.S. Treasury Notes, 4.25%, 2/28/31 | 3300000 | 3365162 |
| U.S. Treasury Notes, 4.125%, 10/31/31 | 1200000 | 1213664 |
| U.S. Treasury Notes, 4.125%, 5/31/32 | 3500000 | 3530557 |
| U.S. Treasury Notes, 4.00%, 6/30/32 | 4400000 | 4406875 |
| U.S. Treasury Notes, 3.875%, 8/31/32 | 1800000 | 1787766 |
| U.S. Treasury Notes, 3.75%, 10/31/32 | 3000000 | 2953828 |
| U.S. Treasury Notes, 4.125%, 11/15/32 | 1200000 | 1208156 |
| U.S. Treasury Notes, 3.75%, 11/30/32 | 6000000 | 5904375 |
| U.S. Treasury Notes, 3.875%, 12/31/32 | 2400000 | 2379000 |
| **TOTAL U.S. TREASURY SECURITIES** <br>(Cost $97,704,212) |  | **98224909** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 9.6%** |  |  |
| **Adjustable-Rate U.S. Government Agency Mortgage-Backed Securities — 0.0%** |  |  |
| FNMA, VRN, 3.17%, (1-year RFUCC plus 1.61%), 3/1/47 | 68351 | 69319 |
| FNMA, VRN, 3.11%, (1-year RFUCC plus 1.61%), 4/1/47 | 42049 | 42610 |
|  |  | 111929 |
| **Fixed-Rate U.S. Government Agency Mortgage-Backed Securities — 9.6%** |  |  |
| FHLMC, 3.50%, 2/1/49 | 1559839 | 1453378 |
| FHLMC, 3.00%, 1/1/50 | 1445891 | 1283473 |
| FHLMC, 3.50%, 5/1/50 | 251456 | 234740 |
| FHLMC, 2.50%, 5/1/51 | 1638278 | 1411116 |
| FHLMC, 3.50%, 5/1/51 | 785291 | 733643 |
| FHLMC, 3.00%, 7/1/51 | 624464 | 557542 |
| FHLMC, 2.00%, 8/1/51 | 1374280 | 1125822 |
| FHLMC, 2.50%, 8/1/51 | 1497298 | 1281170 |
| FHLMC, 3.00%, 12/1/51 | 1000340 | 890632 |
| FHLMC, 3.00%, 2/1/52 | 812794 | 731355 |
| FHLMC, 3.50%, 5/1/52 | 1002237 | 936782 |
| FHLMC, 4.00%, 5/1/52 | 1251212 | 1203170 |
| FHLMC, 4.00%, 5/1/52 | 825110 | 796519 |

---

------

---

| | | |
|:---|:---|:---|
| FHLMC, 4.00%, 6/1/52 | 2745619 | 2648304 |
| FHLMC, 5.00%, 7/1/52 | 500456 | 507047 |
| FHLMC, 4.50%, 10/1/52 | 1992436 | 1963491 |
| FHLMC, 4.50%, 10/1/52 | 689112 | 678249 |
| FHLMC, 5.50%, 12/1/52 | 373920 | 382067 |
| FHLMC, 6.00%, 1/1/53 | 1164195 | 1200206 |
| FHLMC, 6.50%, 11/1/53 | 1088710 | 1129977 |
| FNMA, 4.50%, 9/1/41 | 104642 | 105017 |
| FNMA, 3.50%, 5/1/42 | 453595 | 433560 |
| FNMA, 3.00%, 2/1/50 | 209970 | 188512 |
| FNMA, 2.50%, 6/1/50 | 805740 | 692556 |
| FNMA, 2.50%, 2/1/51 | 2090293 | 1811492 |
| FNMA, 3.00%, 6/1/51 | 99715 | 90417 |
| FNMA, 2.50%, 12/1/51 | 876803 | 755962 |
| FNMA, 2.50%, 2/1/52 | 486929 | 420581 |
| FNMA, 3.00%, 2/1/52 | 1595126 | 1432536 |
| FNMA, 3.00%, 2/1/52 | 906553 | 814144 |
| FNMA, 2.00%, 3/1/52 | 2392563 | 1973838 |
| FNMA, 3.00%, 3/1/52 | 1637331 | 1473820 |
| FNMA, 3.00%, 4/1/52 | 373632 | 335434 |
| FNMA, 3.50%, 4/1/52 | 619692 | 574822 |
| FNMA, 4.00%, 4/1/52 | 1082869 | 1041375 |
| FNMA, 4.00%, 4/1/52 | 472622 | 456245 |
| FNMA, 4.00%, 4/1/52 | 338972 | 326150 |
| FNMA, 3.00%, 5/1/52 | 949244 | 858250 |
| FNMA, 3.50%, 5/1/52 | 1723241 | 1603923 |
| FNMA, 3.50%, 5/1/52 | 1552869 | 1441199 |
| FNMA, 3.50%, 5/1/52 | 1385673 | 1302807 |
| FNMA, 4.00%, 5/1/52 | 1654659 | 1586280 |
| FNMA, 3.50%, 6/1/52 | 1347202 | 1258195 |
| FNMA, 2.50%, 7/1/52 | 751123 | 642322 |
| FNMA, 4.50%, 7/1/52 | 1184466 | 1165551 |
| FNMA, 5.00%, 8/1/52 | 2729362 | 2749373 |
| FNMA, 4.50%, 9/1/52 | 606252 | 600746 |
| FNMA, 5.00%, 9/1/52 | 760609 | 770100 |
| FNMA, 5.00%, 10/1/52 | 2393390 | 2407992 |
| FNMA, 5.50%, 10/1/52 | 1212082 | 1234394 |
| FNMA, 5.00%, 1/1/53 | 1954910 | 1966636 |
| FNMA, 5.50%, 1/1/53 | 2553105 | 2602958 |
| FNMA, 6.50%, 1/1/53 | 1524429 | 1583725 |
| FNMA, 5.50%, 3/1/53 | 356144 | 366000 |
| FNMA, 6.00%, 9/1/53 | 1819792 | 1871855 |
| FNMA, 6.00%, 9/1/53 | 1209875 | 1260742 |
| FNMA, 5.50%, 3/1/54 | 3126513 | 3179149 |
| FNMA, 4.50%, 4/1/54 | 3365226 | 3307465 |
| FNMA, 6.00%, 5/1/54 | 1447195 | 1485548 |
| GNMA, 5.00%, TBA | 1636000 | 1635994 |
| GNMA, 7.00%, 4/20/26 | 73 | 73 |
| GNMA, 7.50%, 8/15/26 | 345 | 345 |
| GNMA, 7.00%, 5/15/31 | 7214 | 7523 |
| GNMA, 4.50%, 6/15/41 | 102791 | 102573 |
| GNMA, 3.50%, 6/20/42 | 193420 | 183319 |
| GNMA, 3.00%, 5/20/50 | 430706 | 389938 |
| GNMA, 3.00%, 7/20/50 | 1136482 | 1029516 |
| GNMA, 3.50%, 6/20/51 | 735955 | 685995 |

---

------

---

| | | |
|:---|:---|:---|
| GNMA, 3.00%, 7/20/51 | 1063719 | 962145 |
| GNMA, 4.00%, 9/20/52 | 2902212 | 2773049 |
| GNMA, 4.50%, 9/20/52 | 2714684 | 2672942 |
| GNMA, 4.50%, 10/20/52 | 2241265 | 2207493 |
| GNMA, 4.00%, 4/20/54 | 3661669 | 3475704 |
| GNMA, 5.00%, 12/20/54 | 1424873 | 1429590 |
|  |  | 86876553 |
| **TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES** <br>(Cost $87,290,354) |  | **86988482** |
| **CORPORATE BONDS — 8.1%** |  |  |
| **Aerospace and Defense — 0.1%** |  |  |
| Boeing Co., 5.71%, 5/1/40 | 495000 | 506277 |
| Textron, Inc., 4.95%, 3/15/36 | 232000 | 230106 |
|  |  | 736383 |
| **Air Freight and Logistics — 0.1%** |  |  |
| GXO Logistics, Inc., 6.25%, 5/6/29 | 727000 | 767378 |
| GXO Logistics, Inc., 6.50%, 5/6/34 | 210000 | 226277 |
|  |  | 993655 |
| **Automobiles — 0.2%** |  |  |
| Ford Motor Credit Co. LLC, 7.20%, 6/10/30 | 260000 | 279773 |
| Ford Motor Credit Co. LLC, 6.05%, 11/5/31 | 592000 | 611610 |
| General Motors Financial Co., Inc., 5.60%, 6/18/31 | 298000 | 311190 |
| General Motors Financial Co., Inc., 6.15%, 7/15/35 | 210000 | 222286 |
| Hyundai Capital America, 6.50%, 1/16/29<sup>(4)</sup> | 117000 | 124120 |
|  |  | 1548979 |
| **Banks — 1.1%** |  |  |
| Bank of America Corp., VRN, 5.51%, 1/24/36 | 340000 | 353074 |
| Bank of Montreal, VRN, 7.70%, 5/26/84 | 416000 | 442614 |
| Bank of Nova Scotia, VRN, 8.625%, 10/27/82 | 520000 | 550917 |
| Bank of Nova Scotia, VRN, 8.00%, 1/27/84 | 480000 | 514310 |
| Banque Federative du Credit Mutuel SA, 5.11%, 1/15/36<sup>(4)</sup> | 420000 | 419336 |
| BPCE SA, VRN, 3.65%, 1/14/37<sup>(4)</sup> | 480000 | 442022 |
| Citigroup, Inc., VRN, 4.41%, 3/31/31 | 120000 | 120011 |
| Citigroup, Inc., VRN, 5.17%, 9/11/36 | 490000 | 492280 |
| Citigroup, Inc., VRN, 5.61%, 3/4/56 | 185000 | 183803 |
| Huntington Bancshares, Inc., VRN, 4.62%, 1/28/32 | 765000 | 766435 |
| Intesa Sanpaolo SpA, VRN, 4.20%, 6/1/32<sup>(4)</sup> | 336000 | 322211 |
| JPMorgan Chase & Co., VRN, 5.10%, 4/22/31 | 549000 | 566378 |
| JPMorgan Chase & Co., VRN, 4.35%, 1/22/32 | 290000 | 289300 |
| JPMorgan Chase & Co., VRN, 5.77%, 4/22/35 | 644000 | 682152 |
| JPMorgan Chase & Co., VRN, 5.29%, 7/22/35 | 210000 | 215646 |
| Morgan Stanley Private Bank NA, VRN, 4.73%, 7/18/31 | 225000 | 228006 |
| Morgan Stanley Private Bank NA, VRN, 4.47%, 11/19/31 | 723000 | 723434 |
| NatWest Group PLC, VRN, 3.03%, 11/28/35 | 327000 | 302774 |
| Pinnacle Bank/Nashville TN, VRN, 5.96%, 1/15/36 | 629000 | 634112 |
| PNC Financial Services Group, Inc., VRN, 5.42%, 1/25/41 | 104000 | 103943 |
| Toronto-Dominion Bank, VRN, 8.125%, 10/31/82 | 564000 | 591198 |
| Wells Fargo & Co., VRN, 5.61%, 4/23/36 | 460000 | 479696 |
| Wells Fargo & Co., VRN, 5.43%, 1/23/47 | 235000 | 230464 |
| Wells Fargo & Co., VRN, 5.01%, 4/4/51 | 320000 | 292593 |
|  |  | 9946709 |
| **Biotechnology — 0.1%** |  |  |
| Amgen, Inc., 5.65%, 3/2/53 | 435000 | 428471 |
| BioMarin Pharmaceutical, Inc., 5.50%, 2/15/34<sup>(3)(4)</sup> | 210000 | 210844 |

---

------

---

| | | |
|:---|:---|:---|
| Genmab AS/Genmab Finance LLC, 6.25%, 12/15/32<sup>(4)</sup> | 430000 | 441065 |
|  |  | 1080380 |
| **Broadline Retail — 0.1%** |  |  |
| Amazon.com, Inc., 4.65%, 11/20/35 | 604000 | 598299 |
| **Building Products — 0.0%** |  |  |
| Carlisle Cos., Inc., 5.55%, 9/15/40 | 202000 | 205329 |
| **Capital Markets — 0.9%** |  |  |
| Blackstone Private Credit Fund, 5.95%, 7/16/29 | 493000 | 501446 |
| Blue Owl Technology Finance Corp., 6.10%, 3/15/28 | 956000 | 970081 |
| Blue Owl Technology Finance Corp., 6.75%, 4/4/29 | 360000 | 369545 |
| Goldman Sachs BDC, Inc., 5.10%, 1/28/29 | 358000 | 355723 |
| Goldman Sachs Group, Inc., VRN, 6.48%, 10/24/29 | 630000 | 667069 |
| Goldman Sachs Group, Inc., VRN, 4.37%, 10/21/31 | 410000 | 407754 |
| Goldman Sachs Group, Inc., VRN, 5.07%, 1/21/37 | 255000 | 254005 |
| Goldman Sachs Group, Inc., VRN, 5.54%, 1/21/47 | 195000 | 192200 |
| Golub Capital BDC, Inc., 7.05%, 12/5/28 | 293000 | 308492 |
| Golub Capital Private Credit Fund, 5.45%, 8/15/28<sup>(4)</sup> | 355000 | 357417 |
| HPS Corporate Lending Fund, 5.45%, 1/14/28 | 160000 | 161542 |
| HPS Corporate Lending Fund, 4.90%, 9/11/28<sup>(4)</sup> | 278000 | 276433 |
| HPS Corporate Lending Fund, 6.25%, 9/30/29 | 179000 | 184412 |
| Jefferies Financial Group, Inc., 5.50%, 2/15/36 | 460000 | 454280 |
| LPL Holdings, Inc., 5.15%, 6/15/30 | 360000 | 367355 |
| Morgan Stanley, VRN, 6.41%, 11/1/29 | 170000 | 179948 |
| Morgan Stanley, VRN, 6.63%, 11/1/34 | 760000 | 844988 |
| Morgan Stanley, VRN, 5.83%, 4/19/35 | 152000 | 160836 |
| Morgan Stanley, VRN, 4.89%, 10/22/36 | 165000 | 162498 |
| Morgan Stanley, VRN, 5.52%, 11/19/55 | 143000 | 141206 |
| Northern Trust Corp., VRN, 3.375%, 5/8/32 | 1069000 | 1055323 |
|  |  | 8372553 |
| **Chemicals — 0.0%** |  |  |
| Solstice Advanced Materials, Inc., 5.625%, 9/30/33<sup>(4)</sup> | 60000 | 60345 |
| **Construction Materials — 0.1%** |  |  |
| Eagle Materials, Inc., 5.00%, 3/15/36 | 387000 | 379066 |
| **Consumer Finance — 0.2%** |  |  |
| Ally Financial, Inc., 8.00%, 11/1/31 | 646000 | 732717 |
| Capital One Financial Corp., VRN, 4.72%, 1/30/32<sup>(3)</sup> | 440000 | 440228 |
| Capital One Financial Corp., VRN, 2.36%, 7/29/32 | 410000 | 358776 |
| Capital One Financial Corp., VRN, 5.40%, 1/30/37<sup>(3)</sup> | 389000 | 388438 |
|  |  | 1920159 |
| **Diversified Consumer Services — 0.1%** |  |  |
| Leland Stanford Junior University, 4.68%, 3/1/35 | 675000 | 678024 |
| Massachusetts Institute of Technology, 5.62%, 6/1/55 | 95000 | 97954 |
| Novant Health, Inc., 3.17%, 11/1/51 | 245000 | 163126 |
| Pepperdine University, 3.30%, 12/1/59 | 355000 | 227585 |
|  |  | 1166689 |
| **Diversified REITs — 0.1%** |  |  |
| Kilroy Realty LP, 3.05%, 2/15/30 | 215000 | 200624 |
| Kilroy Realty LP, 2.50%, 11/15/32 | 280000 | 234361 |
| Piedmont Operating Partnership LP, 6.875%, 7/15/29 | 78000 | 82913 |
| Vornado Realty LP, 5.75%, 2/1/33 | 525000 | 531150 |
|  |  | 1049048 |
| **Diversified Telecommunication Services — 0.1%** |  |  |
| Sprint Capital Corp., 6.875%, 11/15/28 | 291000 | 312259 |
| Verizon Communications, Inc., 4.75%, 1/15/33 | 136000 | 136078 |

---

------

---

| | | |
|:---|:---|:---|
| Verizon Communications, Inc., 5.875%, 11/30/55 | 164000 | 162006 |
|  |  | 610343 |
| **Electric Utilities — 0.4%** |  |  |
| Arizona Public Service Co., 5.70%, 8/15/34 | 292000 | 306404 |
| Commonwealth Edison Co., 5.95%, 6/1/55 | 123000 | 127160 |
| Duke Energy Florida LLC, 4.85%, 12/1/35 | 182000 | 180871 |
| Duke Energy Florida LLC, 5.95%, 11/15/52 | 225000 | 233043 |
| Duke Energy Progress LLC, 4.35%, 3/6/27 | 324000 | 326352 |
| Duke Energy Progress LLC, 5.35%, 3/15/53 | 120000 | 115387 |
| Electricite de France SA, 6.95%, 1/26/39<sup>(4)</sup> | 503000 | 562222 |
| Kentucky Utilities Co., 5.85%, 8/15/55 | 253000 | 256742 |
| Louisville Gas & Electric Co., 5.85%, 8/15/55 | 73000 | 74039 |
| MidAmerican Energy Co., 5.85%, 9/15/54 | 980000 | 1005879 |
| Niagara Mohawk Power Corp., 4.65%, 10/3/30<sup>(4)</sup> | 135000 | 135976 |
| Southern Co. Gas Capital Corp., 5.10%, 9/15/35 | 378000 | 379887 |
|  |  | 3703962 |
| **Entertainment — 0.1%** |  |  |
| Beignet Investor LLC, 6.58%, 5/30/49<sup>(4)</sup> | 165000 | 171917 |
| Warnermedia Holdings, Inc., 3.76%, 3/15/27 | 415000 | 412282 |
|  |  | 584199 |
| **Financial Services — 0.3%** |  |  |
| Antares Holdings LP, 6.35%, 10/23/29<sup>(4)</sup> | 665000 | 681075 |
| Atlas Warehouse Lending Co. LP, 6.25%, 1/15/30<sup>(4)</sup> | 1000000 | 1056000 |
| Atlas Warehouse Lending Co. LP, 4.95%, 11/15/30<sup>(4)</sup> | 250000 | 251169 |
| Atlas Warehouse Lending Co. LP, 5.25%, 1/15/33<sup>(4)</sup> | 250000 | 250441 |
| Corebridge Financial, Inc., VRN, 6.375%, 9/15/54 | 263000 | 268831 |
| Nationwide Building Society, VRN, 4.125%, 10/18/32<sup>(4)</sup> | 250000 | 248684 |
|  |  | 2756200 |
| **Food Products — 0.1%** |  |  |
| Flowers Foods, Inc., 5.75%, 3/15/35 | 225000 | 224125 |
| Mars, Inc., 5.65%, 5/1/45<sup>(4)</sup> | 315000 | 317926 |
| Mars, Inc., 5.70%, 5/1/55<sup>(4)</sup> | 179000 | 178531 |
|  |  | 720582 |
| **Gas Utilities — 0.0%** |  |  |
| Eastern Energy Gas Holdings LLC, 5.65%, 10/15/54 | 158000 | 153902 |
| Snam SpA, 6.50%, 5/28/55<sup>(4)</sup> | 208000 | 224364 |
|  |  | 378266 |
| **Ground Transportation — 0.1%** |  |  |
| Ashtead Capital, Inc., 5.95%, 10/15/33<sup>(4)</sup> | 400000 | 421908 |
| Fedex Freight Holding Co., Inc., 5.25%, 3/15/36<sup>(3)(4)</sup> | 406000 | 402441 |
| United Rentals North America, Inc., 6.00%, 12/15/29<sup>(4)</sup> | 155000 | 158951 |
|  |  | 983300 |
| **Health Care Equipment and Supplies — 0.1%** |  |  |
| Baxter International, Inc., 5.65%, 12/15/35 | 191000 | 192694 |
| Hologic, Inc., 3.25%, 2/15/29<sup>(4)</sup> | 140000 | 139570 |
| Medline Borrower LP/Medline Co-Issuer, Inc., 6.25%, 4/1/29<sup>(4)</sup> | 428000 | 442278 |
|  |  | 774542 |
| **Health Care Providers and Services — 0.4%** |  |  |
| Centene Corp., 4.625%, 12/15/29 | 170000 | 165796 |
| CVS Health Corp., 5.45%, 9/15/35 | 174000 | 177114 |
| CVS Health Corp., 6.00%, 6/1/44 | 410000 | 411241 |
| CVS Health Corp., VRN, 7.00%, 3/10/55 | 245000 | 256537 |
| Duke University Health System, Inc., 3.92%, 6/1/47 | 160000 | 128195 |
| HCA, Inc., 4.90%, 11/15/35 | 545000 | 535448 |

---

------

---

| | | |
|:---|:---|:---|
| HCA, Inc., 6.20%, 3/1/55 | 130000 | 132457 |
| IQVIA, Inc., 6.25%, 2/1/29 | 321000 | 337977 |
| Kaiser Foundation Hospitals, 3.00%, 6/1/51 | 220000 | 144251 |
| UnitedHealth Group, Inc., 5.30%, 6/15/35 | 196000 | 201768 |
| UnitedHealth Group, Inc., 5.50%, 7/15/44 | 436000 | 428893 |
| UnitedHealth Group, Inc., 5.05%, 4/15/53 | 495000 | 444821 |
|  |  | 3364498 |
| **Hotels, Restaurants and Leisure — 0.1%** |  |  |
| Carnival Corp., 4.00%, 8/1/28<sup>(4)</sup> | 585000 | 579240 |
| Carnival Corp., 5.125%, 5/1/29<sup>(4)</sup> | 207000 | 209523 |
| Hyatt Hotels Corp., 5.75%, 3/30/32 | 161000 | 168773 |
| Royal Caribbean Cruises Ltd., 6.00%, 2/1/33<sup>(4)</sup> | 208000 | 214477 |
|  |  | 1172013 |
| **Industrial Conglomerates — 0.0%** |  |  |
| Siemens Financieringsmaatschappij NV, 1.20%, 3/11/26<sup>(4)</sup> | 350000 | 349069 |
| **Insurance — 0.3%** |  |  |
| Athene Global Funding, 5.53%, 7/11/31<sup>(4)</sup> | 292000 | 299873 |
| CNA Financial Corp., 5.20%, 8/15/35 | 497000 | 498539 |
| Liberty Mutual Group, Inc., VRN, 4.125%, 12/15/51<sup>(4)</sup> | 485000 | 480097 |
| Lincoln National Corp., 7.00%, 6/15/40 | 258000 | 288919 |
| MetLife, Inc., 6.40%, 12/15/66 | 859000 | 901765 |
| MetLife, Inc., 10.75%, 8/1/69 | 330000 | 440149 |
|  |  | 2909342 |
| **Interactive Media and Services — 0.2%** |  |  |
| Meta Platforms, Inc., 4.60%, 11/15/32 | 595000 | 596658 |
| Meta Platforms, Inc., 4.875%, 11/15/35 | 420000 | 415600 |
| Meta Platforms, Inc., 5.50%, 11/15/45 | 195000 | 187634 |
| Meta Platforms, Inc., 5.625%, 11/15/55 | 540000 | 514182 |
| Meta Platforms, Inc., 5.75%, 11/15/65 | 290000 | 274428 |
|  |  | 1988502 |
| **IT Services — 0.0%** |  |  |
| International Business Machines Corp., 5.80%, 2/3/56<sup>(3)</sup> | 330000 | 329198 |
| **Machinery — 0.1%** |  |  |
| Allison Transmission, Inc., 5.875%, 12/1/33<sup>(4)</sup> | 360000 | 365303 |
| Weir Group, Inc., 5.35%, 5/6/30<sup>(4)</sup> | 421000 | 432331 |
|  |  | 797634 |
| **Media — 0.1%** |  |  |
| CCO Holdings LLC/CCO Holdings Capital Corp., 4.75%, 3/1/30<sup>(4)</sup> | 361000 | 345093 |
| Cox Communications, Inc., 5.70%, 6/15/33<sup>(4)</sup> | 278000 | 280645 |
| Paramount Global, 4.375%, 3/15/43 | 229000 | 157814 |
|  |  | 783552 |
| **Metals and Mining — 0.1%** |  |  |
| Glencore Funding LLC, 5.19%, 4/1/30<sup>(4)</sup> | 345000 | 355304 |
| Glencore Funding LLC, 5.89%, 4/4/54<sup>(4)</sup> | 110000 | 111865 |
| Newmont Corp./Newcrest Finance Pty. Ltd., 5.35%, 3/15/34 | 380000 | 396378 |
| Rio Tinto Finance USA PLC, 5.75%, 3/14/55 | 251000 | 255937 |
|  |  | 1119484 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.1%** |  |  |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.75%, 6/15/29<sup>(4)</sup> | 680000 | 674730 |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 7.00%, 7/15/31<sup>(4)</sup> | 525000 | 557320 |
|  |  | 1232050 |
| **Multi-Utilities — 0.1%** |  |  |
| NiSource, Inc., 5.35%, 7/15/35 | 340000 | 347041 |
| Sempra, 3.25%, 6/15/27 | 180000 | 178181 |

---

------

---

| | | |
|:---|:---|:---|
| Sempra, VRN, 4.125%, 4/1/52 | 728000 | 721745 |
|  |  | 1246967 |
| **Oil, Gas and Consumable Fuels — 0.9%** |  |  |
| Antero Resources Corp., 5.40%, 2/1/36 | 389000 | 386697 |
| Cenovus Energy, Inc., 5.40%, 3/20/36 | 258000 | 257781 |
| Cheniere Energy, Inc., 4.625%, 10/15/28 | 385000 | 385015 |
| Columbia Pipelines Holding Co. LLC, 5.00%, 11/17/32<sup>(4)</sup> | 363000 | 364964 |
| Columbia Pipelines Operating Co. LLC, 6.04%, 11/15/33<sup>(4)</sup> | 330000 | 352466 |
| Enbridge, Inc., VRN, 6.00%, 1/15/77 | 850000 | 855962 |
| Energy Transfer LP, 6.55%, 12/1/33 | 601000 | 657909 |
| Energy Transfer LP, 6.125%, 12/15/45 | 340000 | 338257 |
| Eni SpA, 5.95%, 5/15/54<sup>(4)</sup> | 307000 | 308570 |
| Enterprise Products Operating LLC, 5.20%, 1/15/36 | 183000 | 186263 |
| Expand Energy Corp., 6.75%, 4/15/29<sup>(4)</sup> | 122000 | 122656 |
| Expand Energy Corp., 5.375%, 3/15/30 | 376000 | 382778 |
| Northern Natural Gas Co., 5.625%, 2/1/54<sup>(4)</sup> | 155000 | 149169 |
| Occidental Petroleum Corp., 6.20%, 3/15/40 | 76000 | 77648 |
| Occidental Petroleum Corp., 4.20%, 3/15/48 | 65000 | 48700 |
| Ovintiv, Inc., 7.10%, 7/15/53 | 335000 | 362956 |
| Petroleos Mexicanos, 5.95%, 1/28/31 | 882000 | 860987 |
| Plains All American Pipeline LP/PAA Finance Corp., 5.60%, 1/15/36 | 267000 | 271010 |
| Repsol E&P Capital Markets U.S. LLC, 5.98%, 9/16/35<sup>(4)</sup> | 207000 | 211423 |
| Santos Finance Ltd., 5.75%, 11/13/35<sup>(4)</sup> | 226000 | 226722 |
| Shell Finance U.S., Inc., 4.375%, 5/11/45 | 180000 | 155368 |
| SM Energy Co., 6.75%, 9/15/26 | 265000 | 266199 |
| Sunoco LP, 5.875%, 3/15/34<sup>(4)</sup> | 337000 | 338056 |
| Venture Global Plaquemines LNG LLC, 6.75%, 1/15/36<sup>(4)</sup> | 248000 | 260085 |
|  |  | 7827641 |
| **Passenger Airlines — 0.0%** |  |  |
| United Airlines, Inc., 4.625%, 4/15/29<sup>(4)</sup> | 305000 | 304862 |
| **Personal Care Products — 0.1%** |  |  |
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, 5.60%, 1/15/31<sup>(4)</sup> | 445000 | 450787 |
| **Pharmaceuticals — 0.1%** |  |  |
| Bristol-Myers Squibb Co., 5.55%, 2/22/54 | 365000 | 357348 |
| Merck & Co., Inc., 4.75%, 12/4/35 | 331000 | 328296 |
| Merck & Co., Inc., 5.70%, 9/15/55 | 249000 | 250193 |
|  |  | 935837 |
| **Semiconductors and Semiconductor Equipment — 0.4%** |  |  |
| Broadcom, Inc., 4.60%, 1/15/33 | 295000 | 294250 |
| Foundry JV Holdco LLC, 5.50%, 1/25/31<sup>(4)</sup> | 417000 | 432121 |
| Foundry JV Holdco LLC, 5.875%, 1/25/34<sup>(4)</sup> | 215000 | 222444 |
| Foundry JV Holdco LLC, 6.25%, 1/25/35<sup>(4)</sup> | 410000 | 436454 |
| Foundry JV Holdco LLC, 6.10%, 1/25/36<sup>(4)</sup> | 252000 | 265468 |
| Foundry JV Holdco LLC, 6.30%, 1/25/39<sup>(4)</sup> | 497000 | 529696 |
| Intel Corp., 5.15%, 2/21/34 | 280000 | 283634 |
| Intel Corp., 4.90%, 8/5/52 | 215000 | 180731 |
| Micron Technology, Inc., 5.30%, 1/15/31 | 620000 | 644141 |
|  |  | 3288939 |
| **Software — 0.4%** |  |  |
| AppLovin Corp., 5.125%, 12/1/29 | 107000 | 109785 |
| AppLovin Corp., 5.375%, 12/1/31 | 211000 | 218142 |
| AppLovin Corp., 5.50%, 12/1/34 | 345000 | 353330 |
| Oracle Corp., 4.80%, 9/26/32 | 980000 | 949143 |
| Oracle Corp., 5.20%, 9/26/35 | 553000 | 527313 |

---

------

---

| | | |
|:---|:---|:---|
| Oracle Corp., 5.375%, 7/15/40 | 225000 | 202892 |
| Synopsys, Inc., 5.00%, 4/1/32 | 670000 | 685691 |
| Workday, Inc., 3.80%, 4/1/32 | 558000 | 533132 |
|  |  | 3579428 |
| **Specialized REITs — 0.1%** |  |  |
| EPR Properties, 4.95%, 4/15/28 | 520000 | 525059 |
| **Specialty Retail — 0.1%** |  |  |
| Lowe's Cos., Inc., 4.50%, 10/15/32 | 400000 | 398349 |
| Lowe's Cos., Inc., 4.85%, 10/15/35 | 585000 | 579190 |
|  |  | 977539 |
| **Technology Hardware, Storage and Peripherals — 0.0%** |  |  |
| Dell International LLC/EMC Corp., 5.30%, 4/1/32 | 168000 | 172675 |
| **Textiles, Apparel and Luxury Goods — 0.1%** |  |  |
| Gildan Activewear, Inc., 4.70%, 10/7/30<sup>(4)</sup> | 300000 | 299188 |
| Gildan Activewear, Inc., 5.40%, 10/7/35<sup>(4)</sup> | 400000 | 399704 |
|  |  | 698892 |
| **Wireless Telecommunication Services — 0.1%** |  |  |
| T-Mobile USA, Inc., 6.70%, 12/15/33 | 461000 | 514529 |
| **TOTAL CORPORATE BONDS** <br>(Cost $72,524,035) |  | **73137485** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS — 3.7%** |  |  |
| **Private Sponsor Collateralized Mortgage Obligations — 3.6%** |  |  |
| ABN AMRO Mortgage Corp., Series 2003-4, Class A4, 5.50%, 3/25/33 | 785 | 789 |
| BRAVO Residential Funding Trust, Series 2024-NQM2, Class A1, 6.29%, 2/25/64<sup>(4)</sup> | 657625 | 664665 |
| BRAVO Residential Funding Trust, Series 2024-RPL1, Class A1, SEQ, VRN, 3.25%, 10/25/63<sup>(4)</sup> | 915055 | 861249 |
| Chase Home Lending Mortgage Trust, Series 2024-10, Class A4, VRN, 6.00%, 10/25/55<sup>(4)</sup> | 593803 | 601709 |
| Chase Home Lending Mortgage Trust, Series 2024-2, Class A4A, SEQ, VRN, 6.00%, 2/25/55<sup>(4)</sup> | 296283 | 300197 |
| Chase Home Lending Mortgage Trust, Series 2024-8, Class A6A, SEQ, VRN, 5.50%, 8/25/55<sup>(4)</sup> | 256378 | 256515 |
| Chase Home Lending Mortgage Trust, Series 2024-9, Class A4, VRN, 5.50%, 9/25/55<sup>(4)</sup> | 550999 | 552568 |
| Chase Home Lending Mortgage Trust, Series 2024-9, Class A6, SEQ, VRN, 5.50%, 9/25/55<sup>(4)</sup> | 146416 | 146464 |
| Chase Home Lending Mortgage Trust, Series 2025-5, Class A4A, VRN, 5.50%, 4/25/56<sup>(4)</sup> | 957333 | 965617 |
| Chase Home Lending Mortgage Trust, Series 2025-8, Class A4, SEQ, VRN, 6.00%, 6/25/56<sup>(4)</sup> | 1204959 | 1220347 |
| Chase Home Lending Mortgage Trust, Series 2025-9, Class A4A, SEQ, VRN, 5.50%, 6/25/56<sup>(4)</sup> | 1485723 | 1499071 |
| CHL Mortgage Pass-Through Trust, Series 2005-17, Class 1A11, 5.50%, 9/25/35 | 698 | 696 |
| Citigroup Mortgage Loan Trust, Inc., Series 2024-CMI1, Class A11, VRN, 5.50%, 6/25/54<sup>(4)</sup> | 887290 | 892120 |
| Citigroup Mortgage Loan Trust, Inc., Series 2025-2, Class A10, VRN, 6.00%, 2/25/55<sup>(4)</sup> | 739395 | 750947 |
| Citigroup Mortgage Loan Trust, Inc., Series 2025-3, Class A11, VRN, 5.50%, 6/25/55<sup>(4)</sup> | 577297 | 581717 |
| EFMT, Series 2024-NQM1, Class A1B, 5.81%, 11/25/69<sup>(4)</sup> | 501188 | 507576 |
| EFMT, Series 2025-CES2, Class A1A, 5.66%, 2/25/60<sup>(4)</sup> | 772625 | 783282 |
| GCAT Trust, Series 2024-INV2, Class A6, SEQ, VRN, 6.00%, 6/25/54<sup>(4)</sup> | 345972 | 350973 |
| GCAT Trust, Series 2024-INV3, Class A6, SEQ, VRN, 5.50%, 9/25/54<sup>(4)</sup> | 474988 | 478501 |
| GS Mortgage-Backed Securities Trust, Series 2023-PJ4, Class A15, SEQ, VRN, 6.00%, 1/25/54<sup>(4)</sup> | 371058 | 376230 |
| GS Mortgage-Backed Securities Trust, Series 2023-PJ6, Class A15, SEQ, VRN, 6.00%, 4/25/54<sup>(4)</sup> | 330922 | 334120 |
| GS Mortgage-Backed Securities Trust, Series 2024-PJ1, Class A15, VRN, 6.00%, 6/25/54<sup>(4)</sup> | 550765 | 554512 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ7, Class A5, SEQ, VRN, 5.50%, 12/25/55<sup>(4)</sup> | 999131 | 1003693 |
| JP Morgan Mortgage Trust, Series 2020-3, Class A15, VRN, 3.50%, 8/25/50<sup>(4)</sup> | 130116 | 117686 |
| JP Morgan Mortgage Trust, Series 2023-7, Class A4A, SEQ, VRN, 5.50%, 2/25/54<sup>(4)</sup> | 950642 | 955278 |
| JP Morgan Mortgage Trust, Series 2023-8, Class A2, VRN, 6.00%, 2/25/54<sup>(4)</sup> | 253834 | 258128 |
| JP Morgan Mortgage Trust, Series 2024-10, Class A4, VRN, 5.50%, 3/25/55<sup>(4)</sup> | 580163 | 583574 |
| JP Morgan Mortgage Trust, Series 2024-10, Class A6, SEQ, VRN, 5.50%, 3/25/55<sup>(4)</sup> | 345479 | 346473 |
| JP Morgan Mortgage Trust, Series 2024-11, Class A4, VRN, 6.00%, 4/25/55<sup>(4)</sup> | 904148 | 911117 |
| JP Morgan Mortgage Trust, Series 2024-5, Class A6, SEQ, VRN, 6.00%, 11/25/54<sup>(4)</sup> | 361479 | 362977 |
| JP Morgan Mortgage Trust, Series 2024-INV1, Class A4, SEQ, VRN, 6.00%, 4/25/55<sup>(4)</sup> | 583392 | 593180 |
| JP Morgan Mortgage Trust, Series 2025-2, Class A4, VRN, 6.00%, 7/25/55<sup>(4)</sup> | 833998 | 846269 |

---

------

---

| | | |
|:---|:---|:---|
| MFA Trust, Series 2024-NQM1, Class A1, SEQ, 6.58%, 3/25/69<sup>(4)</sup> | 486481 | 494665 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-1, Class A1, VRN, 6.00%, 3/25/55<sup>(4)</sup> | 604589 | 614444 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-1, Class A3, VRN, 6.00%, 3/25/55<sup>(4)</sup> | 440958 | 445967 |
| OBX Trust, Series 2024-HYB2, Class A1, SEQ, VRN, 3.69%, 4/25/53<sup>(4)</sup> | 313747 | 312694 |
| OBX Trust, Series 2025-J1, Class A4, SEQ, VRN, 6.00%, 5/25/55<sup>(4)</sup> | 473247 | 481606 |
| OBX Trust, Series 2025-NQM21, Class A1B, 4.99%, 10/25/65<sup>(4)</sup> | 270488 | 271574 |
| PMT Loan Trust, Series 2025-J2, Class A9, VRN, 5.50%, 8/25/56<sup>(4)</sup> | 1518043 | 1527099 |
| Provident Funding Mortgage Trust, Series 2024-1, Class A3, VRN, 5.50%, 12/25/54<sup>(4)</sup> | 1126788 | 1135117 |
| Provident Funding Mortgage Trust, Series 2025-1, Class A3, VRN, 5.50%, 2/25/55<sup>(4)</sup> | 1357510 | 1367126 |
| Provident Funding Mortgage Trust, Series 2025-3, Class A4, VRN, 5.50%, 8/25/55<sup>(4)</sup> | 1110807 | 1119077 |
| Radian Mortgage Capital Trust, Series 2025-J3, Class A15, VRN, 5.50%, 12/25/55<sup>(4)</sup> | 495157 | 497509 |
| Rate Mortgage Trust, Series 2024-J1, Class A7, SEQ, VRN, 6.00%, 7/25/54<sup>(4)</sup> | 164052 | 164540 |
| Rate Mortgage Trust, Series 2024-J3, Class A8, SEQ, VRN, 5.50%, 10/25/54<sup>(4)</sup> | 177584 | 178115 |
| Rate Mortgage Trust, Series 2025-J1, Class A5, VRN, 5.50%, 3/25/55<sup>(4)</sup> | 297405 | 301265 |
| Saluda Grade Alternative Mortgage Trust, Series 2024-CES1, Class A1, SEQ, VRN, 6.31%, 3/25/54<sup>(4)</sup> | 597544 | 609922 |
| Sequoia Mortgage Trust, Series 2024-10, Class A11, VRN, 5.50%, 11/25/54<sup>(4)</sup> | 199360 | 199841 |
| Sequoia Mortgage Trust, Series 2024-10, Class A5, SEQ, VRN, 5.50%, 11/25/54<sup>(4)</sup> | 334159 | 336187 |
| Sequoia Mortgage Trust, Series 2024-6, Class A11, SEQ, VRN, 6.00%, 7/27/54<sup>(4)</sup> | 427499 | 430184 |
| Sequoia Mortgage Trust, Series 2024-8, Class A5, SEQ, VRN, 5.50%, 9/25/54<sup>(4)</sup> | 238098 | 239279 |
| Sequoia Mortgage Trust, Series 2025-7, Class A5, SEQ, VRN, 5.50%, 8/25/55<sup>(4)</sup> | 1151473 | 1154324 |
| Sequoia Mortgage Trust, Series 2025-8, Class A4, VRN, 5.50%, 9/25/55<sup>(4)</sup> | 866432 | 873281 |
| SoFi Mortgage Trust, Series 2016-1A, Class 1A4, SEQ, VRN, 3.00%, 11/25/46<sup>(4)</sup> | 32330 | 29332 |
| Towd Point Mortgage Trust, Series 2024-1, Class A1, SEQ, VRN, 4.86%, 3/25/64<sup>(4)</sup> | 866396 | 880273 |
| Verus Securitization Trust, Series 2021-R2, Class A3, VRN, 1.23%, 2/25/64<sup>(4)</sup> | 119322 | 112483 |
|  |  | 32434144 |
| **U.S. Government Agency Collateralized Mortgage Obligations — 0.1%** |  |  |
| FNMA, Series 2017-C03, Class 1M2C, VRN, 6.81%, (30-day average SOFR plus 3.11%), 10/25/29 | 89402 | 91353 |
| FNMA, Series 2023-39, Class AI, IO, 2.00%, 7/25/52 | 7254139 | 924402 |
|  |  | 1015755 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** <br>(Cost $32,995,752) |  | **33449899** |
| **ASSET-BACKED SECURITIES — 2.4%** |  |  |
| Aligned Data Centers Issuer LLC, Series 2021-1A, Class B, 2.48%, 8/15/46<sup>(4)</sup> | 642000 | 632103 |
| Blackbird Capital II Aircraft Lease Ltd., Series 2021-1A, Class A, SEQ, 2.44%, 7/15/46<sup>(4)</sup> | 562727 | 538485 |
| BRAVO Residential Funding Trust, Series 2024-CES1, Class A1A, 6.38%, 4/25/54<sup>(4)</sup> | 474671 | 481783 |
| Capital Automotive REIT, Series 2024-2A, Class A1, SEQ, 4.90%, 5/15/54<sup>(4)</sup> | 727854 | 727766 |
| CyrusOne Data Centers Issuer I LLC, Series 2024-2A, Class A2, SEQ, 4.50%, 5/20/49<sup>(4)</sup> | 700000 | 687220 |
| DI Issuer LLC, Series 2021-1A, Class A2, SEQ, 3.72%, 9/15/51<sup>(4)</sup> | 1748776 | 1682756 |
| Flexential Issuer LLC, Series 2021-1A, Class A2, SEQ, 3.25%, 11/27/51<sup>(4)</sup> | 457143 | 451689 |
| Flexential Issuer LLC, Series 2025-1A, Class A2, SEQ, 6.03%, 10/25/60<sup>(4)</sup> | 1027000 | 1030102 |
| GoodLeap Sustainable Home Solutions Trust, Series 2021-4GS, Class A, SEQ, 1.93%, 7/20/48<sup>(4)</sup> | 613851 | 504468 |
| Hotwire Funding LLC, Series 2024-1A, Class A2, SEQ, 5.89%, 6/20/54<sup>(4)</sup> | 600000 | 610019 |
| JP Morgan Mortgage Trust, Series 2026-CES1, Class A1A, 4.91%, 6/25/56<sup>(4)</sup> | 1875000 | 1874992 |
| Mosaic Solar Loan Trust, Series 2023-2A, Class A, SEQ, 5.36%, 9/22/53<sup>(4)</sup> | 1187812 | 1141989 |
| MP LLC, Series 2025-1A, Class A, SEQ, 5.55%, 11/15/65<sup>(4)</sup> | 1193713 | 1192543 |
| New Economy Assets - Phase 1 Sponsor LLC, Series 2021-1, Class B1, 2.41%, 10/20/61<sup>(4)</sup> | 1350000 | 872326 |
| PK Alift Loan Funding 3 LP, Series 2024-1, Class A1, SEQ, 5.84%, 9/15/39<sup>(4)</sup> | 484548 | 495614 |
| RCKT Mortgage Trust, Series 2024-CES1, Class A1A, VRN, 6.03%, 2/25/44<sup>(4)</sup> | 443587 | 447885 |
| RCKT Mortgage Trust, Series 2024-CES2, Class A1A, VRN, 6.14%, 4/25/44<sup>(4)</sup> | 274050 | 277442 |
| RCKT Mortgage Trust, Series 2024-CES3, Class A1A, VRN, 6.59%, 5/25/44<sup>(4)</sup> | 206058 | 209538 |
| RCKT Mortgage Trust, Series 2024-CES6, Class A1A, 5.34%, 9/25/44<sup>(4)</sup> | 221423 | 222884 |
| RCKT Mortgage Trust, Series 2024-CES8, Class A1A, 5.49%, 11/25/44<sup>(4)</sup> | 568918 | 574350 |
| Santander Mortgage Asset Receivable Trust, Series 2026-CES1, Class A1A, SEQ, 4.88%, 1/1/56<sup>(4)</sup> | 1375000 | 1374986 |
| Santander Mortgage Asset Receivable Trust, Series 2026-CES1, Class A1B, SEQ, 4.98%, 1/1/56<sup>(4)</sup> | 2100000 | 2099979 |

---

------

---

| | | |
|:---|:---|:---|
| SCF Equipment Leasing LLC, Series 2024-1A, Class B, 5.56%, 4/20/32<sup>(4)</sup> | 300000 | 310191 |
| SCF Equipment Leasing LLC, Series 2024-1A, Class C, 5.82%, 9/20/32<sup>(4)</sup> | 150000 | 155692 |
| Subway Funding LLC, Series 2024-1A, Class A2I, SEQ, 6.03%, 7/30/54<sup>(4)</sup> | 1177100 | 1193572 |
| Switch ABS Issuer LLC, Series 2024-2A, Class A2, SEQ, 5.44%, 6/25/54<sup>(4)</sup> | 525000 | 524719 |
| Towd Point Mortgage Trust, Series 2024-CES3, Class A1, VRN, 6.29%, 5/25/64<sup>(4)</sup> | 459048 | 465296 |
| Vertical Bridge CC LLC, Series 2025-1A, Class A, SEQ, 5.16%, 8/16/55<sup>(4)</sup> | 1269659 | 1272225 |
| **TOTAL ASSET-BACKED SECURITIES** <br>(Cost $22,423,156) |  | **22052614** |
| **CONVERTIBLE PREFERRED SECURITIES — 1.5%** |  |  |
| **Banks — 1.5%** |  |  |
| Banco Bilbao Vizcaya Argentaria SA, 6.125% | 600000 | 609103 |
| Banco Santander SA, 4.75% | 800000 | 797390 |
| BNP Paribas SA, 8.50%<sup>(4)</sup> | 1042000 | 1116387 |
| Danske Bank AS, 4.375% | 1470000 | 1471307 |
| HSBC Holdings PLC, 6.00% | 695000 | 704598 |
| HSBC Holdings PLC, 6.875% | 350000 | 361788 |
| ING Groep NV, 5.75% | 90000 | 90593 |
| ING Groep NV, 7.50% | 835000 | 872449 |
| ING Groep NV, 4.875% | 695000 | 678671 |
| Lloyds Banking Group PLC, 8.00% | 830000 | 901533 |
| Macquarie Bank Ltd., 6.125%<sup>(4)</sup> | 647000 | 658649 |
| Nordea Bank Abp, 6.625%<sup>(4)</sup> | 1250000 | 1253314 |
| Skandinaviska Enskilda Banken AB, 6.875% | 800000 | 821716 |
| Societe Generale SA, 9.375%<sup>(4)</sup> | 600000 | 641172 |
| Societe Generale SA, 6.75%<sup>(4)</sup> | 200000 | 203715 |
| Svenska Handelsbanken AB, 4.375% | 1000000 | 996275 |
| Swedbank AB, 7.625% | 1200000 | 1260468 |
|  |  | 13439128 |
| **Capital Markets — 0.0%** |  |  |
| UBS Group AG, 9.25%<sup>(4)</sup> | 485000 | 529781 |
| **TOTAL CONVERTIBLE PREFERRED SECURITIES** <br>(Cost $13,801,478) |  | **13968909** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES — 0.8%** |  |  |
| ARZ Trust, Series 2024-BILT, Class A, SEQ, 5.77%, 6/11/39<sup>(4)</sup> | 505000 | 519240 |
| Bank5, Series 2024-5YR7, Class A3, SEQ, 5.77%, 6/15/57 | 1267000 | 1322878 |
| Bank5 Trust, Series 2024-5YR6, Class A3, SEQ, 6.23%, 5/15/57 | 692000 | 729619 |
| BBCMS Mortgage Trust, Series 2024-5C27, Class A3, SEQ, 6.01%, 7/15/57 | 338000 | 355212 |
| BX Trust, Series 2023-LIFE, Class A, SEQ, 5.05%, 2/15/28<sup>(4)</sup> | 1064000 | 1055400 |
| DBSG Mortgage Trust, Series 2024-ALTA, Class A, SEQ, VRN, 5.95%, 6/10/37<sup>(4)</sup> | 557000 | 565632 |
| FS Commercial Mortgage Trust, Series 2023-4SZN, Class A, SEQ, 7.07%, 11/10/39<sup>(4)</sup> | 760000 | 772799 |
| MIRA Trust, Series 2023-MILE, Class A, SEQ, 6.75%, 6/10/38<sup>(4)</sup> | 765000 | 794224 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, VRN, 5.12%, (1-month SOFR plus 1.44%), 2/15/42<sup>(4)</sup> | 1213000 | 1206077 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** <br>(Cost $7,216,473) |  | **7321081** |
| **COLLATERALIZED LOAN OBLIGATIONS — 0.7%** |  |  |
| Capital Four U.S. CLO I Ltd., Series 2021-1A, Class B1R, VRN, 5.27%, (3-month SOFR plus 1.60%), 1/18/35<sup>(3)(4)</sup> | 300000 | 300540 |
| Elmwood CLO 37 Ltd., Series 2024-13A, Class C, VRN, 5.37%, (3-month SOFR plus 1.70%), 1/17/38<sup>(4)</sup> | 850000 | 852301 |
| Elmwood CLO I Ltd., Series 2019-1A, Class BR3, VRN, 5.06%, (3-month SOFR plus 1.40%), 4/20/37<sup>(3)(4)</sup> | 1275000 | 1275000 |
| GoldenTree Loan Management U.S. CLO 23 Ltd., Series 2024-23A, Class C, VRN, 5.42%, (3-month SOFR plus 1.75%), 1/20/39<sup>(4)</sup> | 850000 | 854933 |
| Madison Park Funding LXVIII Ltd., Series 2024-68A, Class C, VRN, 5.47%, (3-month SOFR plus 1.80%), 1/20/38<sup>(4)</sup> | 843000 | 850159 |
| Magnetite XLI Ltd., Series 2024-41A, Class C, VRN, 5.45%, (3-month SOFR plus 1.78%), 1/25/38<sup>(4)</sup> | 400000 | 402437 |
| MF1 Ltd., Series 2021-FL7, Class AS, VRN, 5.24%, (1-month SOFR plus 1.56%), 10/16/36<sup>(4)</sup> | 1075000 | 1072857 |
| Palmer Square Loan Funding Ltd., Series 2025-1A, Class A2, VRN, 5.05%, (3-month SOFR plus 1.20%), 2/15/33<sup>(4)</sup> | 500000 | 496984 |

---

------

---

| | | |
|:---|:---|:---|
| Shackleton CLO Ltd., Series 2017-11A, Class BR1, VRN, 5.76%, (3-month SOFR plus 1.91%), 8/15/30<sup>(4)</sup> | 240519 | 240663 |
| **TOTAL COLLATERALIZED LOAN OBLIGATIONS** <br>(Cost $6,334,059) |  | **6345874** |
| **U.S. GOVERNMENT AGENCY SECURITIES — 0.5%** |  |  |
| FHLMC, 6.25%, 7/15/32 | 700000 | 788159 |
| FNMA, 0.75%, 10/8/27 | 2000000 | 1909874 |
| FNMA, 0.875%, 8/5/30 | 1900000 | 1676574 |
| FNMA, 6.625%, 11/15/30 | 400000 | 448875 |
| **TOTAL U.S. GOVERNMENT AGENCY SECURITIES** <br>(Cost $4,893,684) |  | **4823482** |
| **PREFERRED SECURITIES — 0.5%** |  |  |
| **Banks — 0.3%** |  |  |
| Citigroup, Inc., 7.625% | 1487000 | 1559978 |
| Wells Fargo & Co., 3.90% | 1110000 | 1109336 |
|  |  | 2669314 |
| **Capital Markets — 0.2%** |  |  |
| Charles Schwab Corp., 4.00% | 1450000 | 1444888 |
| **TOTAL PREFERRED SECURITIES** <br>(Cost $4,068,757) |  | **4114202** |
| **EXCHANGE-TRADED FUNDS — 0.4%** |  |  |
| iShares Core S&P 500 ETF | 2596 | 1804298 |
| State Street SPDR Portfolio High Yield Bond ETF | 75900 | 1807938 |
| **TOTAL EXCHANGE-TRADED FUNDS** <br>(Cost $3,579,846) |  | **3612236** |
| **MUNICIPAL SECURITIES — 0.3%** |  |  |
| California State University Rev., 2.98%, 11/1/51 | 500000 | 335802 |
| Foothill-Eastern Transportation Corridor Agency Rev., 4.09%, 1/15/49 | 275000 | 225716 |
| Golden State Tobacco Securitization Corp. Rev., 2.75%, 6/1/34 | 430000 | 381314 |
| Houston GO, 3.96%, 3/1/47 | 120000 | 102843 |
| Michigan Strategic Fund Rev., (Flint Water Advocacy Fund), 3.23%, 9/1/47 | 570000 | 438609 |
| Missouri Highway & Transportation Commission Rev., 5.45%, 5/1/33 | 130000 | 133279 |
| New Jersey Turnpike Authority Rev., 7.10%, 1/1/41 | 95000 | 109902 |
| New York City GO, 6.27%, 12/1/37 | 95000 | 102013 |
| Ohio Turnpike & Infrastructure Commission Rev., 3.22%, 2/15/48 | 330000 | 247474 |
| Port Authority of New York & New Jersey Rev., 4.93%, 10/1/51 | 50000 | 46583 |
| Regents of the University of California Medical Center Pooled Rev., 3.26%, 5/15/60 | 245000 | 159047 |
| State of California GO, 7.60%, 11/1/40 | 80000 | 97221 |
| Texas Natural Gas Securitization Finance Corp. Rev., SEQ, 5.17%, 4/1/41 | 185000 | 187804 |
| United Nations Development Corp. Rev., (City of New York), Series A, 6.54%, 8/1/55 | 55000 | 58380 |
| University of California Rev., 3.07%, 5/15/51 | 180000 | 121869 |
| University of California College of the Law San Francisco Rev., 5.99%, 8/1/50 (BAM) | 65000 | 66033 |
| University of California College of the Law San Francisco Rev., 6.09%, 8/1/55 (BAM) | 75000 | 76477 |
| **TOTAL MUNICIPAL SECURITIES** <br>(Cost $3,459,796) |  | **2890366** |
| **SOVEREIGN GOVERNMENTS AND AGENCIES — 0.2%** |  |  |
| **Chile — 0.0%** |  |  |
| Chile Government International Bonds, 5.33%, 1/5/54 | 170000 | 164998 |
| **Mexico — 0.1%** |  |  |
| Eagle Funding Luxco SARL, 5.50%, 8/17/30<sup>(4)</sup> | 865000 | 879765 |
| **Saudi Arabia — 0.1%** |  |  |
| Saudi Government International Bonds, 4.875%, 1/12/36<sup>(4)</sup> | 900000 | 890542 |
| **TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES** <br>(Cost $1,919,310) |  | **1935305** |

---

------

---

| | |
|:---|:---|
| **SHORT-TERM INVESTMENTS — 1.7%** | |
| **Money Market Funds — 1.7%** | |
| State Street Institutional U.S. Government Money Market Fund, Premier Class <br>(Cost $14,977,167) | **14977167** |
| **TOTAL INVESTMENT SECURITIES — 100.9%**<br>(Cost $662,132,786) | **916253944** |
| **OTHER ASSETS AND LIABILITIES — (0.9)%** | **(7869215)** |
| **TOTAL NET ASSETS — 100.0%** | $**908384729** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** |
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement Date** | **Unrealized Appreciation <br>(Depreciation)** |
| EUR | 44148 | USD | 51949 | Goldman Sachs & Co. LLC | 3/27/26 | $510 |
| EUR | 171536 | USD | 202428 | Morgan Stanley & Co. LLC | 3/27/26 | 1400 |
| EUR | 52673 | USD | 62019 | Morgan Stanley & Co. LLC | 3/27/26 | 570 |
| EUR | 61198 | USD | 71421 | Morgan Stanley & Co. LLC | 3/27/26 | 1299 |
| USD | 459069 | EUR | 388686 | Citibank NA | 3/27/26 | (2789) |
| USD | 459273 | EUR | 388686 | Goldman Sachs & Co. LLC | 3/27/26 | (2585) |
| USD | 49627 | EUR | 42017 | Goldman Sachs & Co. LLC | 3/27/26 | (299) |
| USD | 151616 | EUR | 128943 | Goldman Sachs & Co. LLC | 3/27/26 | (1602) |
| USD | 458736 | EUR | 388686 | Morgan Stanley & Co. LLC | 3/27/26 | (3122) |
| USD | 119523 | EUR | 101845 | Morgan Stanley & Co. LLC | 3/27/26 | (1496) |
| USD | 122319 | EUR | 104433 | Morgan Stanley & Co. LLC | 3/27/26 | (1774) |
| USD | 120067 | EUR | 103215 | Morgan Stanley & Co. LLC | 3/27/26 | (2579) |
| USD | 114384 | EUR | 95604 | Morgan Stanley & Co. LLC | 3/27/26 | 782 |
| USD | 459238 | EUR | 388686 | UBS AG | 3/27/26 | (2620) |
| USD | 61682 | EUR | 52369 | UBS AG | 3/27/26 | (545) |
|  |  |  |  |  |  | $(14850) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** |
| **Reference Entity** | **Contracts** | **Expiration <br>Date** | **Notional <br>Amount** | **Unrealized <br>Appreciation <br>(Depreciation)^** |
| Australian Treasury 10-Year Bonds | 25 | March 2026 | $1900198 | $(2959) |
| U.S. Treasury 10-Year Ultra Notes | 85 | March 2026 | 9703281 | (62674) |
| U.S. Treasury 5-Year Notes | 17 | March 2026 | 1851805 | 631 |
| U.S. Treasury Long Bonds | 93 | March 2026 | 10706625 | (106103) |
| U.S. Treasury Ultra Bonds | 166 | March 2026 | 19494625 | (384835) |
|  |  |  | $43656534 | $(555940) |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** |
| **Reference Entity** | **Contracts** | **Expiration <br>Date** | **Notional <br>Amount** | **Unrealized <br>Appreciation <br>(Depreciation)^** |
| U.S. Treasury 2-Year Notes | 23 | March 2026 | $4795320 | $(1123) |
| U.S. Treasury 10-Year Notes | 6 | March 2026 | 670969 | 1207 |
|  |  |  | $5466289 | $84 |

---

^Amount represents value and unrealized appreciation (depreciation).

------

---

| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| ADR | – | American Depositary Receipt |
| BAM | – | Build America Mutual Assurance Corp. |
| EUR | – | Euro |
| FHLMC | – | Federal Home Loan Mortgage Corp. |
| FNMA | – | Federal National Mortgage Association |
| GNMA | – | Government National Mortgage Association |
| GO | – | General Obligation |
| IO | – | Interest Only |
| RFUCC | – | FTSE USD IBOR Consumer Cash Fallbacks |
| SEQ | – | Sequential Payer |
| SOFR | – | Secured Overnight Financing Rate |
| TBA | – | To-Be-Announced. Security was purchased on a forward commitment basis with an approximate principal amount and maturity date. Actual principal amount and maturity date will be determined upon settlement. |
| USD | – | United States Dollar |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |

---

(1)Non-income producing.

(2)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward commitments, forward foreign currency exchange contracts and/or futures contracts. At the period end, the aggregate value of securities pledged was $1,592,140.

(3)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.

(4)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $91,144,795, which represented 10.0% of total net assets.

------

**SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS** 

**1. Investment Valuations**

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Directors oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds, U.S. Treasury and Government Agency securities, municipal securities, and sovereign governments and agencies are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Mortgage-related and asset-backed securities are valued based on models that consider trade data, prepayment and default projections, benchmark yield and spread data and estimated cash flows of each tranche of the issuer. Collateralized loan obligations are valued based on discounted cash flow models that consider trade and economic data, prepayment assumptions and default projections.

Hybrid securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Preferred securities and convertible preferred securities with perpetual maturities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Open-end management investment companies are valued at the reported NAV per share. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange. Swap agreements are valued at an evaluated mean as provided by independent pricing services or independent brokers. Forward foreign currency exchange contracts are valued at the mean of the appropriate forward exchange rate at the close of the NYSE as provided by an independent pricing service.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause a fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment's primary exchange but before the NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

**2. Fair Value Measurements**

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

• Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

• Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

• Level 3 valuation inputs consist of unobservable data (including a fund's own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

------

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** | **Assets** | **Assets** | **Assets** |
| **Investment Securities** | **Investment Securities** | **Investment Securities** | **Investment Securities** |
| Common Stocks | $539843809 | $2568124 |  |
| U.S. Treasury Securities |  | 98224909 |  |
| U.S. Government Agency Mortgage-Backed Securities |  | 86988482 |  |
| Corporate Bonds |  | 73137485 |  |
| Collateralized Mortgage Obligations |  | 33449899 |  |
| Asset-Backed Securities |  | 22052614 |  |
| Convertible Preferred Securities |  | 13968909 |  |
| Commercial Mortgage-Backed Securities |  | 7321081 |  |
| Collateralized Loan Obligations |  | 6345874 |  |
| U.S. Government Agency Securities |  | 4823482 |  |
| Preferred Securities |  | 4114202 |  |
| Exchange-Traded Funds | 3612236 |  |  |
| Municipal Securities |  | 2890366 |  |
| Sovereign Governments and Agencies |  | 1935305 |  |
| Short-Term Investments | 14977167 |  |  |
|  | $558433212 | $357820732 |  |
| **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** |
| Futures Contracts | $1838 |  |  |
| Forward Foreign Currency Exchange Contracts |  | $4561 |  |
|  | $1838 | $4561 |  |
| **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
| **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** |
| Futures Contracts | $554735 | $2959 |  |
| Forward Foreign Currency Exchange Contracts |  | 19411 |  |
|  | $554735 | $22370 |  |

---

*This schedule of investments provides information about the fund's portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund's most recent annual or semiannual financial statements.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Century Mutual Funds, Inc.

- **b. Investment Company Act file number:** 811-00816

- **c. CIK number of Registrant:** 0000100334

- **d. LEI of Registrant:** 549300DMFK0SMVLOE939

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

  - **Street Address 1:** 4500 Main St

  - **City:** Kansas City

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64111

  - **Telephone number:** 816-531-5575

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

- **a. Name of Series:** Balanced Fund

- **b. EDGAR series identifier (if any):** S000006192

- **c. LEI of Series:** TEE5XU4ZMMYOHLLT7896

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $916471917.98

**Total Liabilities:** $7840940.54

**Net Assets:** $908630977.44

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 508.000000000000 | **1-Year:** 3098.000000000000 | **5-Year:** 11944.000000000000 | **10-Year:** 32549.000000000000 | **30-Year:** 62871.000000000000

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

- **3-Month:** 1.000000000000 | **1-Year:** 321.000000000000 | **5-Year:** 1921.000000000000 | **10-Year:** 1164.000000000000 | **30-Year:** 2209.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017045 | 0.42%                | -0.39%               | 0.75%                |
| Class ID C000017047 | 0.42%                | -0.39%               | 0.80%                |
| Class ID C000189734 | 0.47%                | -0.39%               | 0.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $342969.99               | $2313218.69                                |
| Month 2  | $1671624.90              | $-6052238.97                               |
| Month 3  | $1994885.14              | $4041127.90                                |

**Designated Index Information**

- **Index Name:** 60% S&P 500/40% Bloomberg U.S. Aggregate Bond

- **Index Identifier:** 60% S&P 500/40% Bloomberg U.S. Aggregate Bond

### Schedule of Portfolio Investments

| Name                                                                  | Title                                                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MORGAN STANLEY AND CO., LLC                                           | BOUGHT EUR/SOLD USD                                                                    | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $1298.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS + CO LLC                                                | BOUGHT EUR/SOLD USD                                                                    | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $509.91       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK N.A.                                                         | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: E57ODZWZ7FF32TWEFA76       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-2788.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS + CO LLC                                                | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-2584.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-3122.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                                | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-2619.77     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS + CO LLC                                                | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-299.59      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS + CO LLC                                                | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1601.61     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1495.61     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1774.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-2578.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                                | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-545.43      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                    | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $782.32       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | BOUGHT EUR/SOLD USD                                                                    | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $1400.38      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | BOUGHT EUR/SOLD USD                                                                    | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $570.19       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MFA 2024-NQM1 Trust                                                   | MFA 2024-NQM1 Trust 6.58                                                               | CUSIP: 55286VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    486481 | PA      | $494664.65    | 0.05%             | 2069-03-25      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| MIRA Trust 2023-MILE                                                  | MIRA Trust 2023-MILE 6.75                                                              | CUSIP: 55318EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    765000 | PA      | $794223.92    | 0.09%             | 2038-06-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MP 2023 LLC                                                           | MP 2023 LLC 5.55                                                                       | CUSIP: 553427AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1193713 | PA      | $1192542.90   | 0.13%             | 2065-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd/London                                             | Macquarie Bank Ltd/London (pfd) 6.13% 09/08/2174 Perpetual                             | CUSIP: 556079AB7<br>LEI: 549300MPRNPO6FWNKN78 | Long             | EP               | CORP              | GB        |    647000 | NS      | $658649.24    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp                                      | Blue Owl Technology Finance Corp 6.75 04/04/2029                                       | CUSIP: 69121JAB3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    360000 | PA      | $369544.78    | 0.04%             | 2029-04-04      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PK Alift Loan Funding 3 LP                                            | PK Alift Loan Funding 3 LP 5.84                                                        | CUSIP: 69291VAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    484548 | PA      | $495614.44    | 0.05%             | 2039-09-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc/The                                  | PNC Financial Services Group Inc/The 5.42 01/25/2041                                   | CUSIP: 693475CF0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    104000 | PA      | $103943.07    | 0.01%             | 2041-01-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust 2025-J2                                                | PMT Loan Trust 2025-J2 5.50                                                            | CUSIP: 69392TAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1518043 | PA      | $1527098.58   | 0.17%             | 2056-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd                                        | Palmer Square Loan Funding 2025-1 Ltd 5.05                                             | CUSIP: 69704CAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $496983.70    | 0.05%             | 2033-02-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Pepperdine University                                                 | Pepperdine University 3.30 12/01/2059                                                  | CUSIP: 71338QAC0<br>LEI: 549300G0RVHY0VSFWD76 | Long             | DBT              | CORP              | US        |    355000 | PA      | $227585.43    | 0.03%             | 2059-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                   | Petroleos Mexicanos 5.95 01/28/2031                                                    | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    882000 | PA      | $860987.23    | 0.09%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                     | Piedmont Operating Partnership LP 6.88 07/15/2029                                      | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |     78000 | PA      | $82912.84     | 0.01%             | 2029-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                    | Plains All American Pipeline LP / PAA Finance Corp 5.60 01/15/2036                     | CUSIP: 72650RBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    267000 | PA      | $271010.28    | 0.03%             | 2036-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                               | Port Authority of New York & New Jersey 4.93% 10/01/2051                               | CUSIP: 73358WEK6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     50000 | PA      | $46583.05     | 0.01%             | 2051-10-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust 2025-1                               | Provident Funding Mortgage Trust 2025-1 5.50                                           | CUSIP: 74388NAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1357510 | PA      | $1367125.88   | 0.15%             | 2055-02-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust 2025-3                               | Provident Funding Mortgage Trust 2025-3 5.50                                           | CUSIP: 74388PAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1110807 | PA      | $1119077.06   | 0.12%             | 2055-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust 2024-1                               | Provident Funding Mortgage Trust 2024-1 5.50                                           | CUSIP: 74389BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1126788 | PA      | $1135116.82   | 0.12%             | 2054-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES2                                         | RCKT Mortgage Trust 2024-CES2 6.14                                                     | CUSIP: 74938PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    274050 | PA      | $277442.12    | 0.03%             | 2044-04-25      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| Radian Mortgage Capital Trust 2025-J3                                 | Radian Mortgage Capital Trust 2025-J3 5.50                                             | CUSIP: 75024RAX2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    495157 | PA      | $497508.61    | 0.05%             | 2055-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| RATE Mortgage Trust 2024-J3                                           | RATE Mortgage Trust 2024-J3 5.50                                                       | CUSIP: 75409UAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    177584 | PA      | $178115.18    | 0.02%             | 2054-10-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Rate Mortgage Trust 205-J1                                            | Rate Mortgage Trust 205-J1 5.50                                                        | CUSIP: 75410CAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    297405 | PA      | $301264.78    | 0.03%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Rate Mortgage Trust 2024-J1                                           | Rate Mortgage Trust 2024-J1 6.00                                                       | CUSIP: 75410PAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    164052 | PA      | $164539.73    | 0.02%             | 2054-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                 | Federal National Mortgage Association 0.88 08/05/2030                                  | CUSIP: 3135G05Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1900000 | PA      | $1676573.87   | 0.18%             | 2030-08-05      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                 | Federal National Mortgage Association 0.75 10/08/2027                                  | CUSIP: 3135G05Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   2000000 | PA      | $1909873.82   | 0.21%             | 2027-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICS                                                     | Fannie Mae REMICS 2.00                                                                 | CUSIP: 3136BQFV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   7254140 | PA      | $924402.26    | 0.10%             | 2052-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.50                                                                   | CUSIP: 3138AP5M6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    104642 | PA      | $105016.91    | 0.01%             | 2041-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                   | CUSIP: 3140QRR21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    356144 | PA      | $366000.38    | 0.04%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 6.00                                                                   | CUSIP: 3140QS4H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1209875 | PA      | $1260742.47   | 0.14%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 6.00                                                                   | CUSIP: 3140QS4T5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1819792 | PA      | $1871854.78   | 0.21%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                   | CUSIP: 3140QUBQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3126513 | PA      | $3179148.68   | 0.35%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer 2021-1                                              | Flexential Issuer 2021-1 3.25                                                          | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    457143 | PA      | $451689.01    | 0.05%             | 2051-11-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer LLC                                                 | Flexential Issuer LLC 6.03                                                             | CUSIP: 33938MAK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1027000 | PA      | $1030102.26   | 0.11%             | 2060-10-25      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Flowers Foods Inc                                                     | Flowers Foods Inc 5.75 03/15/2035                                                      | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |    225000 | PA      | $224125.60    | 0.02%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                       | Foothill-Eastern Transportation Corridor Agency 4.09% 01/15/2049                       | CUSIP: 345105JE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $225715.57    | 0.02%             | 2049-01-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                              | Svenska Handelsbanken AB (pfd) 4.38% 03/01/2174 Perpetual                              | CUSIP: W9T10ZZR9<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | EP               | CORP              | SE        |   1000000 | NS      | $996275.37    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                       | Danske Bank A/S (pfd) 4.38% 11/18/2174 Perpetual                                       | CUSIP: K2227DL59<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EP               | CORP              | DK        |   1470000 | NS      | $1471306.70   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Groep NV                                                          | ING Groep NV (pfd) 7.50% 05/16/2174 Perpetual                                          | CUSIP: N4578ELM8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EP               | CORP              | NL        |    835000 | NS      | $872448.97    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                                           | Swedbank AB (pfd) 7.63% 09/17/2174 Perpetual                                           | CUSIP: W94240HF3<br>LEI: M312WZV08Y7LYUC71685 | Long             | EP               | CORP              | SE        |   1200000 | NS      | $1260468.10   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Apple Inc                                                             | Apple Inc                                                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     99514 | NS      | $25821892.72  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                                                 | Applied Materials Inc                                                                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     14671 | NS      | $4728756.72   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                                         | AppLovin Corp                                                                          | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      4381 | NS      | $2072694.91   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc                                         | Automatic Data Processing Inc                                                          | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     12934 | NS      | $3192369.88   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                                    | Meta Platforms Inc 4.60 11/15/2032                                                     | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    595000 | PA      | $596657.74    | 0.07%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                    | Meta Platforms Inc 4.88 11/15/2035                                                     | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    420000 | PA      | $415600.22    | 0.05%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                    | Meta Platforms Inc 5.63 11/15/2055                                                     | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    540000 | PA      | $514182.08    | 0.06%             | 2055-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FS Commercial Mortgage Trust 2023-4SZN                                | FS Commercial Mortgage Trust 2023-4SZN 7.07                                            | CUSIP: 30334RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    760000 | PA      | $772799.16    | 0.09%             | 2039-11-10      | Fixed         | 7.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue                                         | Fannie Mae Connecticut Avenue Securities 6.81                                          | CUSIP: 30711XJV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |     89402 | PA      | $91352.98     | 0.01%             | 2029-10-25      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.00                                                                  | CUSIP: 3132DM5Y7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1000340 | PA      | $890632.01    | 0.10%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.00                                                                  | CUSIP: 3132DMJA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1445891 | PA      | $1283473.19   | 0.14%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 2.00                                                                  | CUSIP: 3133KMLL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1374280 | PA      | $1125822.47   | 0.12%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.50                                                                  | CUSIP: 3132DN3B7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1992436 | PA      | $1963491.37   | 0.22%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.50                                                                  | CUSIP: 3132DNFZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    785291 | PA      | $733642.66    | 0.08%             | 2051-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.00                                                                  | CUSIP: 3133KNNV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    812794 | PA      | $731355.25    | 0.08%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.00                                                                  | CUSIP: 3133KPGB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1251212 | PA      | $1203169.69   | 0.13%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.50                                                                  | CUSIP: 3132DNQ71<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    251456 | PA      | $234739.86    | 0.03%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 5.00                                                                  | CUSIP: 3132DNXS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    500456 | PA      | $507047.44    | 0.06%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 6.00                                                                  | CUSIP: 3132DPM96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1164195 | PA      | $1200206.12   | 0.13%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.50                                                                  | CUSIP: 3132DQQF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1559839 | PA      | $1453378.08   | 0.16%             | 2049-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.50                                                                  | CUSIP: 3132DWE66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    689112 | PA      | $678249.46    | 0.07%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 2.50                                                                  | CUSIP: 3133AQXM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1497298 | PA      | $1281169.53   | 0.14%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.00                                                                  | CUSIP: 3133BBGD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    825110 | PA      | $796519.24    | 0.09%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.50                                                                  | CUSIP: 3133BBGS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1002237 | PA      | $936782.21    | 0.10%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 2.50                                                                  | CUSIP: 3133KL2S5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1638278 | PA      | $1411116.39   | 0.16%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.00                                                                  | CUSIP: 3133KMEZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    624464 | PA      | $557541.55    | 0.06%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.00                                                                  | CUSIP: 3133KPMJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2745619 | PA      | $2648303.52   | 0.29%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 5.77 04/22/2035                                                    | CUSIP: 46647PEH5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    644000 | PA      | $682151.52    | 0.08%             | 2035-04-22      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 5.29 07/22/2035                                                    | CUSIP: 46647PEK8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    210000 | PA      | $215645.79    | 0.02%             | 2035-07-22      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 5.10 04/22/2031                                                    | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    549000 | PA      | $566377.54    | 0.06%             | 2031-04-22      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 4.35 01/22/2032                                                    | CUSIP: 46647PFG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    290000 | PA      | $289300.16    | 0.03%             | 2032-01-22      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| Louisville Gas and Electric Co                                        | Louisville Gas and Electric Co 5.85 08/15/2055                                         | CUSIP: 546676BA4<br>LEI: KO3GRIB3RPH1XDX50U72 | Long             | DBT              | CORP              | US        |     73000 | PA      | $74038.90     | 0.01%             | 2055-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos Inc                                                        | Lowe's Cos Inc 4.50 10/15/2032                                                         | CUSIP: 548661EW3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    400000 | PA      | $398349.56    | 0.04%             | 2032-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos Inc                                                        | Lowe's Cos Inc 4.85 10/15/2035                                                         | CUSIP: 548661EX1<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    585000 | PA      | $579189.66    | 0.06%             | 2035-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga                                        | MF1 2021-FL7 Ltd 5.24                                                                  | CUSIP: 55284AAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1075000 | PA      | $1072857.31   | 0.12%             | 2036-10-16      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES6                                         | RCKT Mortgage Trust 2024-CES6 5.34% 09/25/2044                                         | CUSIP: 749410AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    221422 | PA      | $222883.65    | 0.02%             | 2044-09-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES8                                         | RCKT Mortgage Trust 2024-CES8 5.49                                                     | CUSIP: 749421AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    568918 | PA      | $574349.62    | 0.06%             | 2044-11-25      | Variable      | 5.49%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES1                                         | RCKT Mortgage Trust 2024-CES1 6.03                                                     | CUSIP: 749424AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    443587 | PA      | $447885.36    | 0.05%             | 2044-02-25      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES3                                         | RCKT Mortgage Trust 2024-CES3 6.59                                                     | CUSIP: 74942AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    206058 | PA      | $209537.75    | 0.02%             | 2044-05-25      | Variable      | 6.59%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-8                                         | Sequoia Mortgage Trust 2025-8 5.50                                                     | CUSIP: 81749WAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    866432 | PA      | $873281.29    | 0.10%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Shackleton CLO Ltd                                                    | Shackleton 2017-XI Clo Ltd 5.76                                                        | CUSIP: 81883EAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    240519 | PA      | $240663.14    | 0.03%             | 2030-08-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Shell Finance US Inc                                                  | Shell Finance US Inc 4.38 05/11/2045                                                   | CUSIP: 822905AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $155367.78    | 0.02%             | 2045-05-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Siemens Financieringsmaatschappij NV                                  | Siemens Financieringsmaatschappij NV 1.20 03/11/2026                                   | CUSIP: 82620KAZ6<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    350000 | PA      | $349069.29    | 0.04%             | 2026-03-11      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Snam SpA                                                              | Snam SpA 6.50 05/28/2055                                                               | CUSIP: 83304JAC1<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |    208000 | PA      | $224363.99    | 0.02%             | 2055-05-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                   | Societe Generale SA (pfd) 6.75% 10/06/2174 Perpetual                                   | CUSIP: 83367TBU2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |    200000 | NS      | $203715.20    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sysco Corp                                                            | Sysco Corp                                                                             | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     50352 | NS      | $4222015.20   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                                       | TJX Cos Inc/The                                                                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     38577 | NS      | $5779220.37   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                             | Taiwan Semiconductor Manufacturing Co Ltd                                              | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      9040 | NS      | $2988262.40   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                                             | Tesla Inc                                                                              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     20345 | NS      | $8756691.45   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                                          | Thermo Fisher Scientific Inc                                                           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      6908 | NS      | $3997037.88   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                                                     | Tractor Supply Co                                                                      | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     63373 | NS      | $3224418.24   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                                                 | Uber Technologies Inc                                                                  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     28675 | NS      | $2295433.75   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                                                    | Union Pacific Corp                                                                     | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     11347 | NS      | $2667679.70   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                                                    | United Rentals Inc                                                                     | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      3694 | NS      | $2888929.64   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                                                | UnitedHealth Group Inc                                                                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      8694 | NS      | $2494569.42   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                                            | Verizon Communications Inc                                                             | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     41125 | NS      | $1830885.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc                                            | Vertex Pharmaceuticals Inc                                                             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      6328 | NS      | $2973527.20   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                              | Visa Inc                                                                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     14574 | NS      | $4690350.42   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                                                            | Zoetis Inc                                                                             | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     23598 | NS      | $2945502.36   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                                       | ASML Holding NV                                                                        | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      1791 | NS      | $2568124.23   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Eaton Corp PLC                                                        | Eaton Corp PLC                                                                         | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     11592 | NS      | $4073660.64   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc                                    | Johnson Controls International plc                                                     | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     32255 | NS      | $3846731.30   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                                             | Linde PLC                                                                              | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |     11335 | NS      | $5179754.95   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                                                | Trane Technologies PLC                                                                 | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     10004 | NS      | $4207482.32   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Repsol E&P Capital Markets US LLC                                     | Repsol E&P Capital Markets US LLC 5.98 09/16/2035                                      | CUSIP: 76026AAC1<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |    207000 | PA      | $211422.70    | 0.02%             | 2035-09-16      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA PLC                                             | Rio Tinto Finance USA PLC 5.75 03/14/2055                                              | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    251000 | PA      | $255937.46    | 0.03%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd                                           | Royal Caribbean Cruises Ltd 6.00 02/01/2033                                            | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |    208000 | PA      | $214477.38    | 0.02%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Leasing 2024-1 LLC                                      | SCF Equipment Leasing 2024-1 LLC 5.56                                                  | CUSIP: 783896AD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $310190.55    | 0.03%             | 2032-04-20      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Leasing 2024-1 LLC                                      | SCF Equipment Leasing 2024-1 LLC 5.82                                                  | CUSIP: 783896AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $155692.02    | 0.02%             | 2032-09-20      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                          | SM Energy Co 6.75 09/15/2026                                                           | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    265000 | PA      | $266199.39    | 0.03%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Sofi Mortgage Trust 2016-1                                            | Sofi Mortgage Trust 2016-1 3.00                                                        | CUSIP: 78471KAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32330 | PA      | $29332.38     | 0.00%             | 2046-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust 2025-DATA                              | SWCH Commercial Mortgage Trust 2025-DATA 5.12                                          | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1213000 | PA      | $1206077.05   | 0.13%             | 2042-02-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust 2024-CES1                     | Saluda Grade Alternative Mortgage Trust 2024-CES1 6.31                                 | CUSIP: 79581VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    597545 | PA      | $609921.94    | 0.07%             | 2054-03-25      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Santos Finance Ltd                                                    | Santos Finance Ltd 5.75 11/13/2035                                                     | CUSIP: 803014AC3<br>LEI: 213800BKUBSWG53XNS94 | Long             | DBT              | CORP              | AU        |    226000 | PA      | $226721.70    | 0.02%             | 2035-11-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Saudi Government International Bond                                   | Saudi Government International Bond 4.88 01/12/2036                                    | CUSIP: 80413TBR9<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    900000 | PA      | $890542.00    | 0.10%             | 2036-01-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                               | Charles Schwab Corp/The (pfd) 4.00% 06/01/2174 Perpetual                               | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |   1450000 | NS      | $1444888.17   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Sempra                                                                | Sempra 3.25 06/15/2027                                                                 | CUSIP: 816851BA6<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    180000 | PA      | $178181.51    | 0.02%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                | Sempra 4.13 04/01/2052                                                                 | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    728000 | PA      | $721744.66    | 0.08%             | 2052-04-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-6                                         | Sequoia Mortgage Trust 2024-6 6.00                                                     | CUSIP: 81743DAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    427499 | PA      | $430184.12    | 0.05%             | 2054-07-27      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                                         | Welltower Inc                                                                          | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     29790 | NS      | $5611244.40   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                                                  | Williams Cos Inc/The                                                                   | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     71357 | NS      | $4799471.82   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                                           | Workday Inc                                                                            | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     13026 | NS      | $2287756.38   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                                                          | Xylem Inc/NY                                                                           | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     31264 | NS      | $4310367.68   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                 | Federal National Mortgage Association 6.63 11/15/2030                                  | CUSIP: 31359MGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    400000 | PA      | $448874.99    | 0.05%             | 2030-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-8                                         | Sequoia Mortgage Trust 2024-8 5.50                                                     | CUSIP: 81749NAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    238098 | PA      | $239278.60    | 0.03%             | 2054-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-10                                        | Sequoia Mortgage Trust 2024-10 5.50                                                    | CUSIP: 81749QAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    334159 | PA      | $336186.93    | 0.04%             | 2054-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-10                                        | Sequoia Mortgage Trust 2024-10 5.50                                                    | CUSIP: 81749QAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    199360 | PA      | $199841.19    | 0.02%             | 2054-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-7                                         | Sequoia Mortgage Trust 2025-7 5.50                                                     | CUSIP: 81749VAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1151473 | PA      | $1154323.96   | 0.13%             | 2055-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                   | Sprint Capital Corp 6.88 11/15/2028                                                    | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    291000 | PA      | $312258.62    | 0.03%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LELAND STANFORD JR UNIV                                               | Leland Stanford Junior University/The 4.68 03/01/2035                                  | CUSIP: 85440KAE4<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |    675000 | PA      | $678023.99    | 0.07%             | 2035-03-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                    | Subway Funding LLC 6.03                                                                | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1177100 | PA      | $1193571.98   | 0.13%             | 2054-07-30      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                             | Sunoco LP 5.88 03/15/2034                                                              | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    337000 | PA      | $338055.82    | 0.04%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer LLC                                                 | Switch ABS Issuer LLC 5.44                                                             | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $524718.71    | 0.06%             | 2054-06-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                          | Synopsys Inc 5.00 04/01/2032                                                           | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    670000 | PA      | $685690.95    | 0.08%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pinnacle Bank/Nashville TN                                            | Pinnacle Bank/Nashville TN 5.96 01/15/2036                                             | CUSIP: 87164DXY1<br>LEI: 549300CDOC4F7XSRG390 | Long             | DBT              | CORP              | US        |    629000 | PA      | $634111.68    | 0.07%             | 2036-01-15      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA Inc                                                      | T-Mobile USA Inc 6.70 12/15/2033                                                       | CUSIP: 87264ADV4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    461000 | PA      | $514528.74    | 0.06%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Texas Natural Gas Securitization Finance Corp                         | Texas Natural Gas Securitization Finance Corp 5.17% 04/01/2041                         | CUSIP: 88258MAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $187803.53    | 0.02%             | 2041-04-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Textron Inc                                                           | Textron Inc 4.95 03/15/2036                                                            | CUSIP: 883203CF6<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |    232000 | PA      | $230106.10    | 0.03%             | 2036-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                 | Time Warner Cable LLC 6.55 05/01/2037                                                  | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30156.30     | 0.00%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                             | Toronto-Dominion Bank/The 8.13 10/31/2082                                              | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    564000 | PA      | $591198.34    | 0.07%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust 2024-1                                      | Towd Point Mortgage Trust 2024-1 4.86                                                  | CUSIP: 89182NAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    866396 | PA      | $880272.99    | 0.10%             | 2064-03-25      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust 2024-CES3                                   | Towd Point Mortgage Trust 2024-CES3 6.29                                               | CUSIP: 89183EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    459048 | PA      | $465295.92    | 0.05%             | 2064-05-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                          | UBS Group AG (pfd) 9.25% 05/13/2174 Perpetual                                          | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EP               | CORP              | CH        |    485000 | NS      | $529780.75    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| United Airlines Inc                                                   | United Airlines Inc 4.63 04/15/2029                                                    | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    305000 | PA      | $304862.14    | 0.03%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United Nations Development Corp                                       | United Nations Development Corp 6.54% 08/01/2055                                       | CUSIP: 911157MF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58380.42     | 0.01%             | 2055-08-01      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| United Rentals North America Inc                                      | United Rentals North America Inc 6.00 12/15/2029                                       | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    155000 | PA      | $158950.64    | 0.02%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.13 11/15/2032                                       | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1208156.26   | 0.13%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                                             | Ball Corp                                                                              | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     42581 | NS      | $2421581.47   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                                  | Bank of America Corp                                                                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    147440 | NS      | $7843808.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                                                         | Blackrock Inc                                                                          | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      3213 | NS      | $3595154.22   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                                                  | Booking Holdings Inc                                                                   | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       563 | NS      | $2816035.92   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                                               | Bristol-Myers Squibb Co                                                                | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     29524 | NS      | $1625296.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                                          | Broadcom Inc                                                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     51091 | NS      | $16926448.30  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                                                       | Cigna Group/The                                                                        | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     16053 | NS      | $4400287.83   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                                            | Cadence Design Systems Inc                                                             | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     16674 | NS      | $4941506.64   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                                            | AbbVie Inc                                                                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     22970 | NS      | $5122539.70   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc                                              | Agilent Technologies Inc                                                               | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     13906 | NS      | $1861318.10   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                                            | Airbnb Inc                                                                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      7386 | NS      | $955526.82    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                                          | Alphabet Inc                                                                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    103883 | NS      | $35112454.00  | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                                        | Amazon.com Inc                                                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     85405 | NS      | $20437416.50  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                                                   | American Express Co                                                                    | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     14968 | NS      | $5271280.56   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                                           | Cencora Inc                                                                            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      7602 | NS      | $2730790.44   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                                              | Ameriprise Financial Inc                                                               | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      6509 | NS      | $3431479.71   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                                                    | Analog Devices Inc                                                                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     22442 | NS      | $6976768.96   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                   | CUSIP: 3138LSL65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    453595 | PA      | $433559.67    | 0.05%             | 2042-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.17                                                                   | CUSIP: 3140FS6H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     68351 | PA      | $69318.84     | 0.01%             | 2047-03-01      | Floating      | 3.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.10                                                                   | CUSIP: 3140FTAF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     42049 | PA      | $42609.77     | 0.00%             | 2047-04-01      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                   | CUSIP: 3140LNDX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     99715 | PA      | $90417.01     | 0.01%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                   | CUSIP: 3140MHUV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1637331 | PA      | $1473819.66   | 0.16%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.00                                                                   | CUSIP: 3140MKAG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    472622 | PA      | $456244.91    | 0.05%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.50                                                                   | CUSIP: 3140N24W8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    606252 | PA      | $600745.88    | 0.07%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.00                                                                   | CUSIP: 3140N25N7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    760609 | PA      | $770100.47    | 0.08%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                   | CUSIP: 3140QG5L7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2090293 | PA      | $1811492.35   | 0.20%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                   | CUSIP: 3140QN3F7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1385673 | PA      | $1302806.90   | 0.14%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.00                                                                   | CUSIP: 3140QN4N9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1654659 | PA      | $1586279.70   | 0.17%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                   | CUSIP: 3140QN7H9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1723241 | PA      | $1603922.80   | 0.18%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                   | CUSIP: 3140QNF31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    906553 | PA      | $814144.22    | 0.09%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                   | CUSIP: 3140QPAJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1552869 | PA      | $1441199.39   | 0.16%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.50                                                                   | CUSIP: 3140QPSR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1184466 | PA      | $1165550.83   | 0.13%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.00                                                                   | CUSIP: 3140QPXM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2729362 | PA      | $2749372.65   | 0.30%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.00                                                                   | CUSIP: 3140QQ7G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1954910 | PA      | $1966635.91   | 0.22%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.00                                                                   | CUSIP: 3140QQKL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2393390 | PA      | $2407992.01   | 0.27%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 6.50                                                                   | CUSIP: 3140QREU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1524430 | PA      | $1583724.78   | 0.17%             | 2053-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 6.00                                                                   | CUSIP: 3140QUNV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1447195 | PA      | $1485548.47   | 0.16%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.50                                                                   | CUSIP: 3140W3AV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3365226 | PA      | $3307464.73   | 0.36%             | 2054-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                   | CUSIP: 3140XDS98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    876803 | PA      | $755962.39    | 0.08%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.00                                                                   | CUSIP: 3140XF4G3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2392563 | PA      | $1973837.92   | 0.22%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.00                                                                   | CUSIP: 3140XGMP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1082869 | PA      | $1041374.89   | 0.11%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                   | CUSIP: 3140XGST7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    619692 | PA      | $574822.42    | 0.06%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                   | CUSIP: 3140XHCM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    949244 | PA      | $858250.15    | 0.09%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.00                                                                   | CUSIP: 3140XHN94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    338972 | PA      | $326149.61    | 0.04%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                   | CUSIP: 3140XHWY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1595126 | PA      | $1432536.04   | 0.16%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                   | CUSIP: 3140XJQY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    373632 | PA      | $335433.80    | 0.04%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                   | CUSIP: 3140XKAQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    486929 | PA      | $420581.36    | 0.05%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                   | CUSIP: 3140XKZH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1347202 | PA      | $1258195.39   | 0.14%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                   | CUSIP: 3140XMY42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    751123 | PA      | $642321.87    | 0.07%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                   | CUSIP: 3140XNVZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2553105 | PA      | $2602958.25   | 0.29%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                   | CUSIP: 31418DLT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    209970 | PA      | $188512.13    | 0.02%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                   | CUSIP: 31418DQH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    805740 | PA      | $692555.50    | 0.08%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley                                                                         | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     22832 | NS      | $4173689.60   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                                                | Motorola Solutions Inc                                                                 | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     10267 | NS      | $4132878.18   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                                           | Netflix Inc                                                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     45710 | NS      | $3816327.90   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                                                    | NextEra Energy Inc                                                                     | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    103373 | NS      | $9086486.70   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Natural Gas Co                                               | Northern Natural Gas Co 5.63 02/01/2054                                                | CUSIP: 665501AN2<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |    155000 | PA      | $149168.93    | 0.02%             | 2054-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                   | Northern Trust Corp 3.38 05/08/2032                                                    | CUSIP: 665859AS3<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   1069000 | PA      | $1055322.65   | 0.12%             | 2032-05-08      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Novant Health Inc                                                     | Novant Health Inc 3.17 11/01/2051                                                      | CUSIP: 66988AAH7<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |    245000 | PA      | $163125.87    | 0.02%             | 2051-11-01      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                                           | NVIDIA Corp                                                                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    243298 | NS      | $46501546.74  | 5.12%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                                               | O'Reilly Automotive Inc                                                                | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     31932 | NS      | $3142428.12   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| OBX 2024-HYB2 Trust                                                   | OBX 2024-HYB2 Trust 3.69                                                               | CUSIP: 67118RAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    313747 | PA      | $312694.36    | 0.03%             | 2053-04-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                  | Parker-Hannifin Corp                                                                   | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      3499 | NS      | $3274504.16   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                                           | PepsiCo Inc                                                                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     26757 | NS      | $4110677.91   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                                               | Procter & Gamble Co/The                                                                | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     37797 | NS      | $5736450.69   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                                                  | Progressive Corp/The                                                                   | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     10077 | NS      | $2096016.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                                          | Prologis Inc                                                                           | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     41970 | NS      | $5479603.20   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                                                | Regions Financial Corp                                                                 | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    248452 | NS      | $7080882.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                                        | S&P Global Inc                                                                         | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     10574 | NS      | $5580851.46   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| salesforce.com Inc                                                    | Salesforce Inc                                                                         | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      8765 | NS      | $1860721.85   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                                                               | SLB Ltd                                                                                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     90856 | NS      | $4395613.28   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                                        | ServiceNow Inc                                                                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     23300 | NS      | $2726333.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                   | CUSIP: 31418EJ84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1212082 | PA      | $1234393.51   | 0.14%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 6.50                                                                  | CUSIP: 3142GQLF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1088710 | PA      | $1129977.06   | 0.12%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fedex Freight Holding Co Inc                                          | Fedex Freight Holding Co Inc 5.25 03/15/2036                                           | CUSIP: 314352AG0<br>LEI: 984500Y1DA5A58ICE336 | Long             | DBT              | CORP              | US        |    406000 | PA      | $402441.52    | 0.04%             | 2036-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                              | Ford Motor Credit Co LLC 7.20 06/10/2030                                               | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    260000 | PA      | $279772.60    | 0.03%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                              | Ford Motor Credit Co LLC 6.05 11/05/2031                                               | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    592000 | PA      | $611610.38    | 0.07%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 5.88 01/25/2034                                                  | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    215000 | PA      | $222444.31    | 0.02%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund            | State Street Institutional US Government Money Market Fund                             | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  13649753 | NS      | $13649752.63  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US Government Money Market Fund            | State Street Institutional US Government Money Market Fund                             | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   1327414 | NS      | $1327414.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Portfolio High Yield Bond ETF                       | State Street SPDR Portfolio High Yield Bond ETF                                        | CUSIP: 78468R606<br>LEI: N/A                  | Long             | EC               | RF                | US        |     75900 | NS      | $1807938.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                              | University of California 3.07% 05/15/2051                                              | CUSIP: 91412HKE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $121868.95    | 0.01%             | 2051-05-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                                    | Venture Global Plaquemines LNG LLC 6.75 01/15/2036                                     | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    248000 | PA      | $260085.02    | 0.03%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                            | Verizon Communications Inc 4.75 01/15/2033                                             | CUSIP: 92343VHF4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    136000 | PA      | $136078.55    | 0.01%             | 2033-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                            | Verizon Communications Inc 5.88 11/30/2055                                             | CUSIP: 92343VHJ6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    164000 | PA      | $162005.83    | 0.02%             | 2055-11-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VERTICAL BRIDGE CC LLC                                                | VERTICAL BRIDGE CC LLC 5.16                                                            | CUSIP: 92535VAQ5<br>LEI: 549300DKEDU9WZPGTC09 | Long             | ABS-MBS          | CORP              | US        |   1269659 | PA      | $1272225.23   | 0.14%             | 2055-08-16      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2021-R2                                    | Verus Securitization Trust 2021-R2 1.23                                                | CUSIP: 92538DAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    119322 | PA      | $112483.08    | 0.01%             | 2064-02-25      | Variable      | 1.23%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                      | Paramount Global 4.38 03/15/2043                                                       | CUSIP: 92553PAP7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    229000 | PA      | $157813.63    | 0.02%             | 2043-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                    | Expand Energy Corp 6.75 04/15/2029                                                     | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    122000 | PA      | $122656.23    | 0.01%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Vornado Realty LP                                                     | Vornado Realty LP 5.75 02/01/2033                                                      | CUSIP: 929043AN7<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |    525000 | PA      | $531150.30    | 0.06%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Weir Group Inc                                                        | Weir Group Inc 5.35 05/06/2030                                                         | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |    421000 | PA      | $432330.96    | 0.05%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co (pfd) 3.9% 06/15/2169 Perpetual                                       | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |   1110000 | NS      | $1109336.11   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co 5.01 04/04/2051                                                       | CUSIP: 95000U2M4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    320000 | PA      | $292593.09    | 0.03%             | 2051-04-04      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co 5.61 04/23/2036                                                       | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    460000 | PA      | $479696.24    | 0.05%             | 2036-04-23      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co 5.43 01/23/2047                                                       | CUSIP: 95000U4F7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    235000 | PA      | $230464.26    | 0.03%             | 2047-01-23      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Workday Inc                                                           | Workday Inc 3.80 04/01/2032                                                            | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    558000 | PA      | $533132.39    | 0.06%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CBOT US Long Bond Future                                              | US LONG BOND(CBT) Mar26                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        93 | NC      | $-106103.52   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 10 Year US Treasury Note                                         | US 10YR NOTE (CBT)Mar26                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        -6 | NC      | $1207.05      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Ultra Long Term US Treasury                                       | US ULTRA BOND CBT Mar26                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       166 | NC      | $-384835.22   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 5 Year US Treasury Note                                          | US 5YR NOTE (CBT) Mar26                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        17 | NC      | $630.92       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 10 Year Ultra US Treasury Note                                   | US 10yr Ultra Fut Mar26                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        85 | NC      | $-62674.02    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                                                          | ING Groep NV (pfd) 4.88% 05/16/2174 Perpetual                                          | CUSIP: N4578EKR8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EP               | CORP              | NL        |    695000 | NS      | $678670.82    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                      | Skandinaviska Enskilda Banken AB (pfd) 6.88% 12/30/2174 Perpetual                      | CUSIP: W8T54FK56<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | EP               | CORP              | SE        |    800000 | NS      | $821715.87    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ABN Amro Mortgage Corp                                                | ABN Amro Mortgage Corp 5.50                                                            | CUSIP: 000780BZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       785 | PA      | $788.88       | 0.00%             | 2033-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARZ Trust 2024-BILT                                                   | ARZ Trust 2024-BILT 5.77                                                               | CUSIP: 00218TAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    505000 | PA      | $519239.74    | 0.06%             | 2039-06-11      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                                       | Aligned Data Centers Issuer LLC 2.48                                                   | CUSIP: 01627AAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    642000 | PA      | $632103.31    | 0.07%             | 2046-08-15      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                                              | Allison Transmission Inc 5.88 12/01/2033                                               | CUSIP: 019736AH0<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    360000 | PA      | $365302.80    | 0.04%             | 2033-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                        | Amazon.com Inc 4.65 11/20/2035                                                         | CUSIP: 023135CV6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    604000 | PA      | $598298.85    | 0.07%             | 2035-11-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                             | Amgen Inc 5.65 03/02/2053                                                              | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    435000 | PA      | $428470.89    | 0.05%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                                                         | Amphenol Corp 4.63 02/15/2036                                                          | CUSIP: 032095BA8<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    430000 | PA      | $420738.13    | 0.05%             | 2036-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Antares Holdings LP                                                   | Antares Holdings LP 6.35 10/23/2029                                                    | CUSIP: 03666HAH4<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | CA        |    665000 | PA      | $681075.22    | 0.07%             | 2029-10-23      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Antero Resources Corp                                                 | Antero Resources Corp 5.40 02/01/2036                                                  | CUSIP: 03674XAU0<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    389000 | PA      | $386697.08    | 0.04%             | 2036-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                         | AppLovin Corp 5.13 12/01/2029                                                          | CUSIP: 03831WAB4<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    107000 | PA      | $109784.88    | 0.01%             | 2029-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                         | AppLovin Corp 5.38 12/01/2031                                                          | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    211000 | PA      | $218142.29    | 0.02%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                         | AppLovin Corp 5.50 12/01/2034                                                          | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    345000 | PA      | $353330.39    | 0.04%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Public Service Co                                             | Arizona Public Service Co 5.70 08/15/2034                                              | CUSIP: 040555DH4<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    292000 | PA      | $306403.66    | 0.03%             | 2034-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc                                                   | Ashtead Capital Inc 5.95 10/15/2033                                                    | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    400000 | PA      | $421908.02    | 0.05%             | 2033-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust 2024-5C27                                        | BBCMS Mortgage Trust 2024-5C27 6.01                                                    | CUSIP: 05555FAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    338000 | PA      | $355212.11    | 0.04%             | 2057-07-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                        | BNP Paribas SA (pfd) 8.50% 02/14/2174 Perpetual                                        | CUSIP: 05565A5R0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |   1042000 | NS      | $1116387.34   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                                               | BPCE SA 3.65 01/14/2037                                                                | CUSIP: 05578QAH6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    480000 | PA      | $442021.76    | 0.05%             | 2037-01-14      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| BX Trust 2023-LIFE                                                    | BX Trust 2023-LIFE 5.05                                                                | CUSIP: 05609DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1064000 | PA      | $1055399.58   | 0.12%             | 2028-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                    | Banco Bilbao Vizcaya Argentaria SA (pfd) 6.13% 02/16/2174 Perpetual                    | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EP               | CORP              | ES        |    600000 | NS      | $609103.20    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                    | Banco Santander SA (pfd) 4.75% 08/12/2174 Perpetual                                    | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EP               | CORP              | ES        |    800000 | NS      | $797390.08    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                  | Bank of America Corp 5.51 01/24/2036                                                   | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    340000 | PA      | $353073.73    | 0.04%             | 2036-01-24      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR7                                                       | BANK5 2024-5YR7 5.77                                                                   | CUSIP: 06211UBL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1267000 | PA      | $1322878.37   | 0.15%             | 2057-06-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                      | Bank of Montreal 7.70 05/26/2084                                                       | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    416000 | PA      | $442614.43    | 0.05%             | 2084-05-26      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                               | Bank of Nova Scotia/The 8.63 10/27/2082                                                | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    520000 | PA      | $550916.60    | 0.06%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                               | Bank of Nova Scotia/The 8.00 01/27/2084                                                | CUSIP: 0641598V1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    480000 | PA      | $514309.91    | 0.06%             | 2084-01-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| BANK5 Trust 2024-5YR6                                                 | BANK5 Trust 2024-5YR6 6.23                                                             | CUSIP: 066043AB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    692000 | PA      | $729619.20    | 0.08%             | 2057-05-15      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                                 | Banque Federative du Credit Mutuel SA 5.11 01/15/2036                                  | CUSIP: 06675DCS9<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    420000 | PA      | $419335.90    | 0.05%             | 2036-01-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Baxter International Inc                                              | Baxter International Inc 5.65 12/15/2035                                               | CUSIP: 071813DE6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    191000 | PA      | $192693.50    | 0.02%             | 2035-12-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Beignet Investor LLC                                                  | Beignet Investor LLC 6.58 05/30/2049                                                   | CUSIP: 076912AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $171917.12    | 0.02%             | 2049-05-30      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| BioMarin Pharmaceutical Inc                                           | BioMarin Pharmaceutical Inc 5.50 02/15/2034                                            | CUSIP: 09061GAL5<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |    210000 | PA      | $210844.20    | 0.02%             | 2034-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital II Aircraft Lease Ltd                               | Blackbird Capital II Aircraft Lease Ltd 2.44                                           | CUSIP: 09229CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    562727 | PA      | $538484.91    | 0.06%             | 2046-07-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                        | Blackstone Private Credit Fund 5.95 07/16/2029                                         | CUSIP: 09261HBN6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    493000 | PA      | $501445.77    | 0.06%             | 2029-07-16      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp                                      | Blue Owl Technology Finance Corp 6.10 03/15/2028                                       | CUSIP: 095924AB2<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    956000 | PA      | $970081.33    | 0.11%             | 2028-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| DBSG 2024-ALTA A                                                      | DBSG 2024-ALTA A 6.14                                                                  | CUSIP: 239918AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    557000 | PA      | $565631.83    | 0.06%             | 2037-06-10      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp                                     | Dell International LLC / EMC Corp 5.30 04/01/2032                                      | CUSIP: 24703TAN6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    168000 | PA      | $172675.27    | 0.02%             | 2032-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                              | Duke Energy Progress LLC 5.35 03/15/2053                                               | CUSIP: 26442UAR5<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    120000 | PA      | $115387.56    | 0.01%             | 2053-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                              | Duke Energy Progress LLC 4.35 03/06/2027                                               | CUSIP: 26442UAT1<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    324000 | PA      | $326351.65    | 0.04%             | 2027-03-06      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Duke University Health System Inc                                     | Duke University Health System Inc 3.92 06/01/2047                                      | CUSIP: 26443CAA1<br>LEI: SYIJ9BNVFR17R33OPQ57 | Long             | DBT              | CORP              | US        |    160000 | PA      | $128195.22    | 0.01%             | 2047-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                               | Duke Energy Florida LLC 5.95 11/15/2052                                                | CUSIP: 26444HAN1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    225000 | PA      | $233043.30    | 0.03%             | 2052-11-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                               | Duke Energy Florida LLC 4.85 12/01/2035                                                | CUSIP: 26444HAU5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    182000 | PA      | $180871.30    | 0.02%             | 2035-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                              | Electricite de France SA 6.95 01/26/2039                                               | CUSIP: 268317AC8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    503000 | PA      | $562221.58    | 0.06%             | 2039-01-26      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| EFMT 2024-NQM1                                                        | EFMT 2024-NQM1 5.81                                                                    | CUSIP: 26845DAB1<br>LEI: 254900GTI06L3BTCLG55 | Long             | ABS-MBS          | CORP              | US        |    501188 | PA      | $507576.54    | 0.06%             | 2069-11-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                               | Eni SpA 5.95 05/15/2054                                                                | CUSIP: 26874RAP3<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    307000 | PA      | $308569.47    | 0.03%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                        | EPR Properties 4.95 04/15/2028                                                         | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    520000 | PA      | $525059.44    | 0.06%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco Sarl                                              | Eagle Funding Luxco Sarl 5.50 08/17/2030                                               | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |    865000 | PA      | $879765.55    | 0.10%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eagle Materials Inc                                                   | Eagle Materials Inc 5.00 03/15/2036                                                    | CUSIP: 26969PAC2<br>LEI: 529900KRXRGXL61SG039 | Long             | DBT              | CORP              | US        |    387000 | PA      | $379065.50    | 0.04%             | 2036-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Energy Gas Holdings LL                                        | Eastern Energy Gas Holdings LLC 5.65 10/15/2054                                        | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |    158000 | PA      | $153902.12    | 0.02%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-CES2                                                        | EFMT 2025-CES2 5.66                                                                    | CUSIP: 28225GAA2<br>LEI: 254900G4WO4UX6N3D818 | Long             | ABS-MBS          | CORP              | US        |    772625 | PA      | $783281.74    | 0.09%             | 2060-02-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO Ltd                                                       | Elmwood CLO I Ltd 0.00                                                                 | CUSIP: 290015BN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1275000 | PA      | $1275000.00   | 0.14%             | 2037-04-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 37 Ltd                                                    | Elmwood CLO 37 Ltd 5.37                                                                | CUSIP: 29004UAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    850000 | PA      | $852300.53    | 0.09%             | 2038-01-17      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                          | Enbridge Inc 6.00 01/15/2077                                                           | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    850000 | PA      | $855961.90    | 0.09%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                    | Energy Transfer LP 6.13 12/15/2045                                                     | CUSIP: 29273RBJ7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    340000 | PA      | $338257.44    | 0.04%             | 2045-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                 | Athene Global Funding 5.53 07/11/2031                                                  | CUSIP: 04685A3Z2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    292000 | PA      | $299873.37    | 0.03%             | 2031-07-11      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co LP                                         | Atlas Warehouse Lending Co LP 6.25 01/15/2030                                          | CUSIP: 049463AE2<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1055999.73   | 0.12%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co LP                                         | Atlas Warehouse Lending Co LP 4.95 11/15/2030                                          | CUSIP: 049463AG7<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251169.20    | 0.03%             | 2030-11-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co LP                                         | Atlas Warehouse Lending Co LP 5.25 01/15/2033                                          | CUSIP: 049463AH5<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250441.10    | 0.03%             | 2033-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                         | Boeing Co/The 5.71 05/01/2040                                                          | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    495000 | PA      | $506276.53    | 0.06%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024 RPL1                             | BRAVO Residential Funding Trust 2024 RPL1 3.25                                         | CUSIP: 10568TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    915055 | PA      | $861249.13    | 0.09%             | 2063-10-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024-NQM2                             | BRAVO Residential Funding Trust 2024-NQM2 6.29                                         | CUSIP: 10569KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    657625 | PA      | $664665.37    | 0.07%             | 2064-02-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024-CES1                             | BRAVO Residential Funding Trust 2024-CES1 6.38                                         | CUSIP: 10570NAA6<br>LEI: 254900UJENIYH5UEYD42 | Long             | ABS-MBS          | CORP              | US        |    474671 | PA      | $481783.26    | 0.05%             | 2054-04-25      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                    | Energy Transfer LP 6.55 12/01/2033                                                     | CUSIP: 29273VAU4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    601000 | PA      | $657909.13    | 0.07%             | 2033-12-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                     | Enterprise Products Operating LLC 5.20 01/15/2036                                      | CUSIP: 29379VCL5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    183000 | PA      | $186262.65    | 0.02%             | 2036-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                    | Meta Platforms Inc 5.50 11/15/2045                                                     | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    195000 | PA      | $187633.64    | 0.02%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                    | Meta Platforms Inc 5.75 11/15/2065                                                     | CUSIP: 30303M8Y1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    290000 | PA      | $274427.84    | 0.03%             | 2065-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 5.50                                                                  | CUSIP: 3133KQE28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    373920 | PA      | $382066.68    | 0.04%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp                                       | Federal Home Loan Mortgage Corp 6.25 07/15/2032                                        | CUSIP: 3134A4KX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    700000 | PA      | $788159.34    | 0.09%             | 2032-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                            | HPS Corporate Lending Fund 6.25 09/30/2029                                             | CUSIP: 40440VAC9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    179000 | PA      | $184411.64    | 0.02%             | 2029-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                            | HPS Corporate Lending Fund 5.45 01/14/2028                                             | CUSIP: 40440VAH8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161541.68    | 0.02%             | 2028-01-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                            | HPS Corporate Lending Fund 4.90 09/11/2028                                             | CUSIP: 40440VAQ8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    278000 | PA      | $276433.60    | 0.03%             | 2028-09-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Hologic Inc                                                           | Hologic Inc 3.25 02/15/2029                                                            | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139569.77    | 0.02%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                                                   | Hotwire Funding LLC 5.89                                                               | CUSIP: 44148JAH2<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $610018.92    | 0.07%             | 2054-06-20      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                    | City of Houston TX 3.96% 03/01/2047                                                    | CUSIP: 4423313K8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    120000 | PA      | $102842.88    | 0.01%             | 2047-03-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc/OH                                          | Huntington Bancshares Inc/OH 4.62 01/28/2032                                           | CUSIP: 446150BK9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    765000 | PA      | $766434.78    | 0.08%             | 2032-01-28      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                     | Hyatt Hotels Corp 5.75 03/30/2032                                                      | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    161000 | PA      | $168772.69    | 0.02%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                               | Hyundai Capital America 6.50 01/16/2029                                                | CUSIP: 44891ACR6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    117000 | PA      | $124120.03    | 0.01%             | 2029-01-16      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                          | ING Groep NV (pfd) 5.75% 11/16/2174 Perpetual                                          | CUSIP: 456837AR4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EP               | CORP              | NL        |     90000 | NS      | $90593.05     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Intel Corp                                                            | Intel Corp 4.90 08/05/2052                                                             | CUSIP: 458140CB4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    215000 | PA      | $180730.74    | 0.02%             | 2052-08-05      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                            | Intel Corp 5.15 02/21/2034                                                             | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    280000 | PA      | $283633.72    | 0.03%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp                                  | International Business Machines Corp 5.80 02/03/2056                                   | CUSIP: 459200LV1<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    330000 | PA      | $329197.46    | 0.04%             | 2056-02-03      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                   | Intesa Sanpaolo SpA 4.20 06/01/2032                                                    | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    336000 | PA      | $322211.16    | 0.04%             | 2032-06-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                             | IQVIA Inc 6.25 02/01/2029                                                              | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    321000 | PA      | $337976.41    | 0.04%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                              | JP Morgan Mortgage Trust 2020-3 3.50                                                   | CUSIP: 46592ABH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130116 | PA      | $117685.66    | 0.01%             | 2050-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2025-2                                | JP Morgan Mortgage Trust Series 2025-2 6.00                                            | CUSIP: 46593NAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    833998 | PA      | $846269.37    | 0.09%             | 2055-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2023-8                                     | J.P. Morgan Mortgage Trust 2023-8 6.00                                                 | CUSIP: 46657CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    253834 | PA      | $258127.67    | 0.03%             | 2054-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2023-7                                       | JP Morgan Mortgage Trust 2023-7 5.50                                                   | CUSIP: 46657DAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    950642 | PA      | $955278.21    | 0.11%             | 2054-02-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-10                                    | J.P. Morgan Mortgage Trust 2024-10 5.50                                                | CUSIP: 46658LAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    580163 | PA      | $583573.85    | 0.06%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-10                                    | J.P. Morgan Mortgage Trust 2024-10 5.50                                                | CUSIP: 46658LAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    345479 | PA      | $346472.71    | 0.04%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-INV1                                    | JP Morgan Mortgage Trust 2024-INV1 6.00                                                | CUSIP: 46658PAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    583392 | PA      | $593180.20    | 0.07%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2024-5                                | JP Morgan Mortgage Trust Series 2024-5 6.00                                            | CUSIP: 46658RAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    361479 | PA      | $362977.02    | 0.04%             | 2054-11-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-11                                      | JP Morgan Mortgage Trust 2024-11 6.00                                                  | CUSIP: 46659AAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    904148 | PA      | $911117.42    | 0.10%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2026-CES1                                    | JP Morgan Mortgage Trust 2026-CES1 4.91                                                | CUSIP: 46660BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1875000 | PA      | $1874992.13   | 0.21%             | 2056-06-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group Inc                                         | Jefferies Financial Group Inc 5.50 02/15/2036                                          | CUSIP: 47233WLL1<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    460000 | PA      | $454279.74    | 0.05%             | 2036-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KAISER FDTN HOSPITALS                                                 | Kaiser Foundation Hospitals 3.00 06/01/2051                                            | CUSIP: 48305QAG8<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    220000 | PA      | $144251.33    | 0.02%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Utilities Co                                                 | Kentucky Utilities Co 5.85 08/15/2055                                                  | CUSIP: 491674BP1<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |    253000 | PA      | $256741.98    | 0.03%             | 2055-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                      | Kilroy Realty LP 3.05 02/15/2030                                                       | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    215000 | PA      | $200624.07    | 0.02%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                      | Kilroy Realty LP 2.50 11/15/2032                                                       | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    280000 | PA      | $234361.17    | 0.03%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc                                                      | LPL Holdings Inc 5.15 06/15/2030                                                       | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    360000 | PA      | $367354.77    | 0.04%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp    | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029     | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    680000 | PA      | $674729.86    | 0.07%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp    | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 7.00 07/15/2031     | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $557320.58    | 0.06%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                              | Liberty Mutual Group Inc 4.13 12/15/2051                                               | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    485000 | PA      | $480096.53    | 0.05%             | 2051-12-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                 | Lincoln National Corp 7.00 06/15/2040                                                  | CUSIP: 534187BA6<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    258000 | PA      | $288918.56    | 0.03%             | 2040-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                              | Lloyds Banking Group PLC                                                               | CUSIP: 53944YAV5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EP               | CORP              | GB        |    830000 | NS      | $901532.72    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                                                   | Cheniere Energy Inc                                                                    | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     17113 | NS      | $3619741.76   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                                                | Church & Dwight Co Inc                                                                 | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     26246 | NS      | $2526177.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                                                  | Colgate-Palmolive Co                                                                   | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     21608 | NS      | $1950986.32   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                                                 | Costco Wholesale Corp                                                                  | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      3892 | NS      | $3659453.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                                              | Crowdstrike Holdings Inc                                                               | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      4741 | NS      | $2092701.11   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                                           | Cummins Inc                                                                            | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     10422 | NS      | $6032462.04   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                                          | Danaher Corp                                                                           | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     23411 | NS      | $5124433.79   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                                            | Deere & Co                                                                             | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      5313 | NS      | $2805264.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                                         | Dynatrace Inc                                                                          | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55025 | NS      | $2095902.25   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                                            | Ecolab Inc                                                                             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     11684 | NS      | $3294771.16   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                                        | GE Vernova Inc                                                                         | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      3988 | NS      | $2896763.56   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                                                   | Gilead Sciences Inc                                                                    | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     34665 | NS      | $4920696.75   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                                           | Goldman Sachs Group Inc/The                                                            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      5106 | NS      | $4776203.46   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                                           | Goldman Sachs Group Inc/The 5.07 01/21/2037                                            | CUSIP: 38145GAS9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    255000 | PA      | $254005.03    | 0.03%             | 2037-01-21      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                           | Goldman Sachs Group Inc/The 5.54 01/21/2047                                            | CUSIP: 38145GAT7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    195000 | PA      | $192200.31    | 0.02%             | 2047-01-21      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs BDC Inc                                                 | Goldman Sachs BDC Inc 5.10 01/28/2029                                                  | CUSIP: 38147UAG2<br>LEI: 6D01AGSGBNZIJSN77043 | Long             | DBT              | CORP              | US        |    358000 | PA      | $355723.15    | 0.04%             | 2029-01-28      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Golub Capital BDC Inc                                                 | Golub Capital BDC Inc 7.05 12/05/2028                                                  | CUSIP: 38173MAD4<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    293000 | PA      | $308491.87    | 0.03%             | 2028-12-05      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                                                    | Home Depot Inc/The                                                                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     19454 | NS      | $7287273.86   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                                           | Honeywell International Inc                                                            | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     18828 | NS      | $4283746.56   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                                                | IDEXX Laboratories Inc                                                                 | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      4754 | NS      | $3187366.84   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                                         | Intercontinental Exchange Inc                                                          | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     15334 | NS      | $2664742.52   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp                                  | International Business Machines Corp                                                   | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     27272 | NS      | $8364322.40   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                                                | Intuitive Surgical Inc                                                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      5065 | NS      | $2553874.30   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P 500 ETF                                              | iShares Core S&P 500 ETF                                                               | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             | EC               | RF                | US        |      2596 | NS      | $1804297.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co                                                                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     26703 | NS      | $8168180.67   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                                          | KKR & Co Inc                                                                           | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     20941 | NS      | $2392718.66   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                                                     | Lam Research Corp                                                                      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     14387 | NS      | $3358789.02   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One                                | Liberty Media Corp-Liberty Formula One                                                 | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9164 | NS      | $797451.28    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                                        | Eli Lilly & Co                                                                         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      7846 | NS      | $8137478.90   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                                              | Marsh & McLennan Cos Inc                                                               | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     12099 | NS      | $2276910.81   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD                                         | Marriott International Inc/MD                                                          | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     11953 | NS      | $3768780.90   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                                        | Mastercard Inc                                                                         | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     16847 | NS      | $9076995.13   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                                        | Merck & Co Inc                                                                         | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     24856 | NS      | $2740871.12   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                                                 | Micron Technology Inc 5.30 01/15/2031                                                  | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    620000 | PA      | $644141.21    | 0.07%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                 | MidAmerican Energy Co 5.85 09/15/2054                                                  | CUSIP: 595620AY1<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    980000 | PA      | $1005878.66   | 0.11%             | 2054-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Missouri Highway & Transportation Commission                          | Missouri Highway & Transportation Commission 5.45% 05/01/2033                          | CUSIP: 60636WNU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $133278.63    | 0.01%             | 2033-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 6.41 11/01/2029                                                         | CUSIP: 61747YFH3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    170000 | PA      | $179948.22    | 0.02%             | 2029-11-01      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| OBX 2025-J1 Trust                                                     | OBX 2025-J1 Trust 6.00                                                                 | CUSIP: 673923AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    473247 | PA      | $481605.82    | 0.05%             | 2055-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM21 Trust                                                  | OBX 2025-NQM21 Trust 4.99                                                              | CUSIP: 67448BAE4<br>LEI: 254900E5OS34AOMYSY84 | Long             | ABS-MBS          | CORP              | US        |    270488 | PA      | $271574.23    | 0.03%             | 2065-10-25      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                             | Occidental Petroleum Corp 4.20 03/15/2048                                              | CUSIP: 674599CN3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     65000 | PA      | $48700.13     | 0.01%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                             | Occidental Petroleum Corp 6.20 03/15/2040                                              | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38823.76     | 0.00%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                             | Ohio Turnpike & Infrastructure Commission 3.22% 02/15/2048                             | CUSIP: 67760HNB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $247473.93    | 0.03%             | 2048-02-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                           | Oracle Corp 5.38 07/15/2040                                                            | CUSIP: 68389XAM7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    225000 | PA      | $202891.62    | 0.02%             | 2040-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                           | Oracle Corp 4.80 09/26/2032                                                            | CUSIP: 68389XDK8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    980000 | PA      | $949142.59    | 0.10%             | 2032-09-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                           | Oracle Corp 5.20 09/26/2035                                                            | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    553000 | PA      | $527312.44    | 0.06%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                                           | Ovintiv Inc 7.10 07/15/2053                                                            | CUSIP: 69047QAD4<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    335000 | PA      | $362956.10    | 0.04%             | 2053-07-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                   | Societe Generale SA (pfd) 9.38% 05/22/2174 Perpetual                                   | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |    600000 | NS      | $641171.39    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Solstice Advanced Materials Inc                                       | Solstice Advanced Materials Inc 5.63 09/30/2033                                        | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60345.36     | 0.01%             | 2033-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Southern Co Gas Capital Corp                                          | Southern Co Gas Capital Corp 5.10 09/15/2035                                           | CUSIP: 8426EPAK4<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    378000 | PA      | $379886.76    | 0.04%             | 2035-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                    | Expand Energy Corp 5.38 03/15/2030                                                     | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    376000 | PA      | $382778.23    | 0.04%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.88 10/31/2030                                       | CUSIP: 91282CJG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4600000 | PA      | $4816613.26   | 0.53%             | 2030-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.38 11/30/2030                                       | CUSIP: 91282CJM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11600000 | PA      | $11894531.19  | 1.31%             | 2030-11-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.75 12/31/2030                                       | CUSIP: 91282CJQ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2500000 | PA      | $2494189.45   | 0.27%             | 2030-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.25 02/28/2031                                       | CUSIP: 91282CKC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3300000 | PA      | $3365162.10   | 0.37%             | 2031-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.125 03/31/2029                                      | CUSIP: 91282CKG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12500000 | PA      | $12685058.63  | 1.40%             | 2029-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.25 06/30/2029                                       | CUSIP: 91282CKX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2100000 | PA      | $2139867.20   | 0.24%             | 2029-06-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.13 10/31/2031                                       | CUSIP: 91282CLU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1213664.06   | 0.13%             | 2031-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.13 05/31/2032                                       | CUSIP: 91282CNF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3500000 | PA      | $3530556.65   | 0.39%             | 2032-05-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.00 05/31/2030                                       | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1110957.03   | 0.12%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.88 06/15/2028                                       | CUSIP: 91282CNH0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2500000 | PA      | $2518017.58   | 0.28%             | 2028-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.00 06/30/2032                                       | CUSIP: 91282CNJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4400000 | PA      | $4406875.00   | 0.49%             | 2032-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.00 08/31/2032                                       | CUSIP: 91282CNW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1800000 | PA      | $1787765.62   | 0.20%             | 2032-08-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.75 08/31/2030                                       | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5800000 | PA      | $5763750.00   | 0.63%             | 2030-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.50 10/31/2027                                       | CUSIP: 91282CPE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $7995000.00   | 0.88%             | 2027-10-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.75 10/31/2032                                       | CUSIP: 91282CPF2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2953828.14   | 0.33%             | 2032-10-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.75 11/30/2032                                       | CUSIP: 91282CPM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6000000 | PA      | $5904375.00   | 0.65%             | 2032-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.50 11/30/2030                                       | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4900000 | PA      | $4837601.54   | 0.53%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.75 12/31/2032                                       | CUSIP: 91282CPQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2400000 | PA      | $2379000.00   | 0.26%             | 2032-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.63 12/31/2030                                       | CUSIP: 91282CPR6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1600000 | PA      | $1587624.99   | 0.17%             | 2030-12-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue | Regents of the University of California Medical Center Pooled Revenue 3.26% 05/15/2060 | CUSIP: 913366KC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $159047.14    | 0.02%             | 2060-05-15      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                               | Bristol-Myers Squibb Co 5.55 02/22/2054                                                | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    365000 | PA      | $357348.07    | 0.04%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                          | Broadcom Inc 4.60 01/15/2033                                                           | CUSIP: 11135FDA6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    295000 | PA      | $294250.36    | 0.03%             | 2033-01-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                          | CCO Holdings LLC / CCO Holdings Capital Corp 4.75 03/01/2030                           | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    361000 | PA      | $345092.90    | 0.04%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Capital Automotive REIT                                               | Capital Automotive REIT 4.90                                                           | CUSIP: 12510HAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    727854 | PA      | $727766.01    | 0.08%             | 2054-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CNA Financial Corp                                                    | CNA Financial Corp 5.20 08/15/2035                                                     | CUSIP: 126117AZ3<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |    497000 | PA      | $498539.25    | 0.05%             | 2035-08-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                       | CVS Health Corp 6.00 06/01/2044                                                        | CUSIP: 126650EE6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    410000 | PA      | $411240.83    | 0.05%             | 2044-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                       | CVS Health Corp 7.00 03/10/2055                                                        | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    245000 | PA      | $256537.30    | 0.03%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                       | CVS Health Corp 5.45 09/15/2035                                                        | CUSIP: 126650EK2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    174000 | PA      | $177114.14    | 0.02%             | 2035-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CHL Mortgage Pass-Through Trust 2005-17                               | CHL Mortgage Pass-Through Trust 2005-17 5.50                                           | CUSIP: 12669G5X5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       698 | PA      | $695.54       | 0.00%             | 2035-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                   | State of California 7.60% 11/01/2040                                                   | CUSIP: 13063BJC7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     80000 | PA      | $97220.78     | 0.01%             | 2040-11-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| California State University                                           | California State University 2.98% 11/01/2051                                           | CUSIP: 13077DKU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $335802.45    | 0.04%             | 2051-11-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Capital Four US CLO Ltd                                               | Capital Four US CLO I Ltd 0.00                                                         | CUSIP: 14016TAN9<br>LEI: 549300NMXY8VXHO96C52 | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $300540.00    | 0.03%             | 2035-01-18      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                            | Capital One Financial Corp 2.36 07/29/2032                                             | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    410000 | PA      | $358775.66    | 0.04%             | 2032-07-29      | Variable      | 2.36%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                            | Capital One Financial Corp 4.72 01/30/2032                                             | CUSIP: 14040HDP7<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    205000 | PA      | $205106.30    | 0.02%             | 2032-01-30      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                            | Capital One Financial Corp 5.40 01/30/2037                                             | CUSIP: 14040HDQ5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199711.18    | 0.02%             | 2037-01-30      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                                      | Carlisle Cos Inc 5.55 09/15/2040                                                       | CUSIP: 142339AM2<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    202000 | PA      | $205328.46    | 0.02%             | 2040-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                         | Carnival Corp 4.00 08/01/2028                                                          | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    585000 | PA      | $579239.51    | 0.06%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-10                             | Chase Home Lending Mortgage Trust 2024-10 6.00                                         | CUSIP: 16159YAD2<br>LEI: 529900OE9S6KWRJHHJ57 | Long             | ABS-MBS          | CORP              | US        |    593803 | PA      | $601708.79    | 0.07%             | 2055-10-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-9                              | Chase Home Lending Mortgage Trust 2024-9 5.50                                          | CUSIP: 16160QAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550999 | PA      | $552568.03    | 0.06%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-9                              | Chase Home Lending Mortgage Trust 2024-9 5.50                                          | CUSIP: 16160QAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    146416 | PA      | $146464.18    | 0.02%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust Series 2025-9                       | Chase Home Lending Mortgage Trust Series 2025-9 5.50                                   | CUSIP: 16160UAE5<br>LEI: 529900II236FJ8MBXS58 | Long             | ABS-MBS          | CORP              | US        |   1485723 | PA      | $1499071.13   | 0.16%             | 2056-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-8                              | Chase Home Lending Mortgage Trust 2025-8 6.00                                          | CUSIP: 16162UAD5<br>LEI: 529900CHSDEA1SX67419 | Long             | ABS-MBS          | CORP              | US        |   1204959 | PA      | $1220347.04   | 0.13%             | 2056-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust Series 2024-2                       | Chase Home Lending Mortgage Trust Series 2024-2 6.00                                   | CUSIP: 161929BH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    296283 | PA      | $300197.02    | 0.03%             | 2055-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-5                              | Chase Home Lending Mortgage Trust 2025-5 5.50                                          | CUSIP: 161935AE1<br>LEI: 529900V91KVGSU3Z1A61 | Long             | ABS-MBS          | CORP              | US        |    957333 | PA      | $965617.13    | 0.11%             | 2056-04-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                                                   | Cheniere Energy Inc 4.63 10/15/2028                                                    | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    385000 | PA      | $385015.12    | 0.04%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bond                                   | Chile Government International Bond 5.33 01/05/2054                                    | CUSIP: 168863EA2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    170000 | PA      | $164997.75    | 0.02%             | 2054-01-05      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2025-2                                  | Citigroup Mortgage Loan Trust 2025-2 6.00                                              | CUSIP: 17292BAK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    739395 | PA      | $750947.10    | 0.08%             | 2055-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc 4.41 03/31/2031                                                          | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120010.62    | 0.01%             | 2031-03-31      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc (pfd) 7.63% 02/15/2174 Perpetual                                         | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   1487000 | NS      | $1559974.53   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc 5.17 09/11/2036                                                          | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    490000 | PA      | $492280.47    | 0.05%             | 2036-09-11      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc 5.61 03/04/2056                                                          | CUSIP: 17327CAY9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    185000 | PA      | $183803.48    | 0.02%             | 2056-03-04      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2024-CMI1                               | Citigroup Mortgage Loan Trust 2024-CMI1 5.50                                           | CUSIP: 17332DAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    887290 | PA      | $892120.47    | 0.10%             | 2054-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2025-3 Trust                            | Citigroup Mortgage Loan Trust 2025-3 Trust 5.50                                        | CUSIP: 17332RAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    577297 | PA      | $581716.91    | 0.06%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| University of California College of the Law San Francisco             | University of California College of the Law San Francisco 5.99% 08/01/2050             | CUSIP: 194248AR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66033.44     | 0.01%             | 2050-08-01      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| University of California College of the Law San Francisco             | University of California College of the Law San Francisco 6.09% 08/01/2055             | CUSIP: 194248AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76477.16     | 0.01%             | 2055-08-01      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Holding Co                                         | Columbia Pipelines Holding Co LLC 5.00 11/17/2032                                      | CUSIP: 19828AAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    363000 | PA      | $364964.22    | 0.04%             | 2032-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co LLC                                   | Columbia Pipelines Operating Co LLC 6.04 11/15/2033                                    | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $352465.68    | 0.04%             | 2033-11-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                | Commonwealth Edison Co 5.95 06/01/2055                                                 | CUSIP: 202795KB5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    123000 | PA      | $127160.12    | 0.01%             | 2055-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                              | Corebridge Financial Inc 6.38 09/15/2054                                               | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    263000 | PA      | $268830.87    | 0.03%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                            | G2SF 5 2/26 MBS 30yr                                                                   | CUSIP: 21H050623<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1636000 | PA      | $1635994.32   | 0.18%             | 2055-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 7.00                                                                | CUSIP: 36202CNT6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        73 | PA      | $73.01        | 0.00%             | 2026-04-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                     | Ginnie Mae I Pool 4.50                                                                 | CUSIP: 36204DT66<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    102791 | PA      | $102573.22    | 0.01%             | 2041-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                     | Ginnie Mae I Pool 7.50                                                                 | CUSIP: 36225AN55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       345 | PA      | $345.03       | 0.00%             | 2026-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                     | Ginnie Mae I Pool 7.00                                                                 | CUSIP: 36225BNC8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      7214 | PA      | $7523.09      | 0.00%             | 2031-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund                                     | Golub Capital Private Credit Fund 5.45 08/15/2028                                      | CUSIP: 38179RAE5<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    355000 | PA      | $357417.50    | 0.04%             | 2028-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GoodLeap Sustainable Home Solutions Trust 2021-4                      | GoodLeap Sustainable Home Solutions Trust 2021-4 1.93                                  | CUSIP: 38237GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    613851 | PA      | $504467.62    | 0.06%             | 2048-07-20      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                               | HCA Inc 6.20 03/01/2055                                                                | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    130000 | PA      | $132456.40    | 0.01%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                               | HCA Inc 4.90 11/15/2035                                                                | CUSIP: 404119DF3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    545000 | PA      | $535448.32    | 0.06%             | 2035-11-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                     | HSBC Holdings PLC (pfd) 6.00% 11/22/2174 Perpetual                                     | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EP               | CORP              | GB        |    695000 | NS      | $704597.95    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                     | HSBC Holdings PLC (pfd) 6.88% 03/11/2174 Perpetual                                     | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EP               | CORP              | GB        |    350000 | NS      | $361788.35    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Madison Park Funding Lxviii Ltd                                       | Madison Park Funding Lxviii Ltd 5.47                                                   | CUSIP: 55822XAG2<br>LEI: 213800XCOFXF5X7M9P78 | Long             | ABS-CBDO         | CORP              | US        |    843000 | PA      | $850159.35    | 0.09%             | 2038-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                        | Warnermedia Holdings Inc 3.76 03/15/2027                                               | CUSIP: 55903VBA0<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    415000 | PA      | $412281.75    | 0.05%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                                     | Magnetite Xli Ltd 5.45                                                                 | CUSIP: 55956AAC9<br>LEI: 529900IDXPZZY6034K03 | Long             | ABS-CBDO         | CORP              | US        |    400000 | PA      | $402437.52    | 0.04%             | 2038-01-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                              | Mars Inc 5.65 05/01/2045                                                               | CUSIP: 571676BB0<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    315000 | PA      | $317925.69    | 0.03%             | 2045-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                              | Mars Inc 5.70 05/01/2055                                                               | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    179000 | PA      | $178531.01    | 0.02%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Massachusetts Institute of Technology                                 | Massachusetts Institute of Technology 5.62 06/01/2055                                  | CUSIP: 575718AK7<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     95000 | PA      | $97953.90     | 0.01%             | 2055-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP/Medline Co-Issuer Inc                             | Medline Borrower LP/Medline Co-Issuer Inc 6.25 04/01/2029                              | CUSIP: 58506DAA6<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    428000 | PA      | $442278.36    | 0.05%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                        | Merck & Co Inc 5.70 09/15/2055                                                         | CUSIP: 58933YBT1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    249000 | PA      | $250192.57    | 0.03%             | 2055-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                        | Merck & Co Inc 4.75 12/04/2035                                                         | CUSIP: 58933YBZ7<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    331000 | PA      | $328295.93    | 0.04%             | 2035-12-04      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                           | MetLife Inc 6.40 12/15/2066                                                            | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    859000 | PA      | $901765.32    | 0.10%             | 2066-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                           | MetLife Inc 10.75 08/01/2069                                                           | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    330000 | PA      | $440149.05    | 0.05%             | 2069-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| FLINT WATER ADVOCACY FUND                                             | Michigan Strategic Fund 3.23% 09/01/2047                                               | CUSIP: 594698SJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $438608.56    | 0.05%             | 2047-09-01      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 6.63 11/01/2034                                                         | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    760000 | PA      | $844988.22    | 0.09%             | 2034-11-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 5.83 04/19/2035                                                         | CUSIP: 61747YFR1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    152000 | PA      | $160835.73    | 0.02%             | 2035-04-19      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 5.52 11/19/2055                                                         | CUSIP: 61747YFV2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    143000 | PA      | $141206.49    | 0.02%             | 2055-11-19      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 4.89 10/22/2036                                                         | CUSIP: 61748UAN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    165000 | PA      | $162497.65    | 0.02%             | 2036-10-22      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                                        | Morgan Stanley Private Bank NA 4.73 07/18/2031                                         | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228006.20    | 0.03%             | 2031-07-18      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                                        | Morgan Stanley Private Bank NA 4.47 11/19/2031                                         | CUSIP: 61776NZW6<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    723000 | PA      | $723433.99    | 0.08%             | 2031-11-19      | Variable      | 4.46%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2025-1                 | Morgan Stanley Residential Mortgage Loan Trust 2025-1 6.00                             | CUSIP: 617944AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    604589 | PA      | $614444.32    | 0.07%             | 2055-03-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2025-1                 | Morgan Stanley Residential Mortgage Loan Trust 2025-1 6.00                             | CUSIP: 617944AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    440959 | PA      | $445967.42    | 0.05%             | 2055-03-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loan Trust 2023-2                                        | Mosaic Solar Loan Trust 2023-2 5.36                                                    | CUSIP: 61945WAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1187812 | PA      | $1141989.47   | 0.13%             | 2053-09-22      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                           | Nationwide Building Society 4.13 10/18/2032                                            | CUSIP: 63859WAF6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $248683.58    | 0.03%             | 2032-10-18      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                     | NatWest Group PLC 3.03 11/28/2035                                                      | CUSIP: 639057AB4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    327000 | PA      | $302774.10    | 0.03%             | 2035-11-28      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| New Economy Assets - Phase 1 Sponsor LLC                              | New Economy Assets - Phase 1 Sponsor LLC 2.41                                          | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1350000 | PA      | $872325.99    | 0.10%             | 2061-10-20      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TURNPIKE                                                   | New Jersey Turnpike Authority 7.10% 01/01/2041                                         | CUSIP: 646139X83<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |     95000 | PA      | $109902.50    | 0.01%             | 2041-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                   | City of New York NY 6.27% 12/01/2037                                                   | CUSIP: 64966JAR7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     95000 | PA      | $102013.13    | 0.01%             | 2037-12-01      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Newmont Corp / Newcrest Finance Pty Ltd                               | Newmont Corp / Newcrest Finance Pty Ltd 5.35 03/15/2034                                | CUSIP: 65163LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $396377.86    | 0.04%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Niagara Mohawk Power Corp                                             | Niagara Mohawk Power Corp 4.65 10/03/2030                                              | CUSIP: 653522DT6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135976.20    | 0.01%             | 2030-10-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                          | NiSource Inc 5.35 07/15/2035                                                           | CUSIP: 65473PAX3<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    340000 | PA      | $347041.21    | 0.04%             | 2035-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                       | Nordea Bank Abp (pfd) 6.63% 09/26/2174 Perpetual                                       | CUSIP: 65559CAA9<br>LEI: 529900ODI3047E2LIV03 | Long             | EP               | CORP              | FI        |   1250000 | NS      | $1253313.75   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.88 12/31/2029                                       | CUSIP: 91282CGB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $402421.88    | 0.04%             | 2029-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.38 01/31/2028                                       | CUSIP: 91282CGH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1998710.94   | 0.22%             | 2028-01-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.25 08/31/2030                                       | CUSIP: 91282CHW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9200000 | PA      | $9333328.15   | 1.03%             | 2030-08-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.63 09/15/2026                                       | CUSIP: 91282CHY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $301792.38    | 0.03%             | 2026-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.75 01/31/2031                                       | CUSIP: 91282CPW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1600000 | PA      | $1596062.50   | 0.18%             | 2031-01-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                | UnitedHealth Group Inc 5.05 04/15/2053                                                 | CUSIP: 91324PEW8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    495000 | PA      | $444820.69    | 0.05%             | 2053-04-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                | UnitedHealth Group Inc 5.50 07/15/2044                                                 | CUSIP: 91324PFK3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    436000 | PA      | $428892.78    | 0.05%             | 2044-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                | UnitedHealth Group Inc 5.30 06/15/2035                                                 | CUSIP: 91324PFQ0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    196000 | PA      | $201768.35    | 0.02%             | 2035-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                         | Carnival Corp 5.13 05/01/2029                                                          | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    207000 | PA      | $209523.42    | 0.02%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Centene Corp                                                          | Centene Corp 4.63 12/15/2029                                                           | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    170000 | PA      | $165795.71    | 0.02%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                    | Cenovus Energy Inc 5.40 03/20/2036                                                     | CUSIP: 15135UBB4<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    258000 | PA      | $257781.45    | 0.03%             | 2036-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-8                              | Chase Home Lending Mortgage Trust 2024-8 5.50                                          | CUSIP: 16159XAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    256378 | PA      | $256514.57    | 0.03%             | 2055-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC  | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC 5.60 01/15/2031   | CUSIP: 22207AAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    445000 | PA      | $450786.45    | 0.05%             | 2031-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                | Cox Communications Inc 5.70 06/15/2033                                                 | CUSIP: 224044CS4<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    278000 | PA      | $280645.31    | 0.03%             | 2033-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                                    | CyrusOne Data Centers Issuer I LLC 0.00                                                | CUSIP: 23284BAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $687219.82    | 0.08%             | 2049-05-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DI Issuer LLC                                                         | DI Issuer LLC 3.72                                                                     | CUSIP: 23292FAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1748776 | PA      | $1682755.48   | 0.19%             | 2051-09-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Equinix Inc                                                           | Equinix Inc                                                                            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      3130 | NS      | $2569510.90   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                                    | Meta Platforms Inc                                                                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     18397 | NS      | $13181450.50  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                                            | FedEx Corp                                                                             | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      6946 | NS      | $2238348.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                                              | Ferguson Enterprises Inc                                                               | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |      9923 | NS      | $2505160.58   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 6.25 01/25/2035                                                  | CUSIP: 350930AD5<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    410000 | PA      | $436454.36    | 0.05%             | 2035-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 5.50 01/25/2031                                                  | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    417000 | PA      | $432120.72    | 0.05%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 6.10 01/25/2036                                                  | CUSIP: 350930AH6<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    252000 | PA      | $265467.89    | 0.03%             | 2036-01-25      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 6.30 01/25/2039                                                  | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    497000 | PA      | $529696.12    | 0.06%             | 2039-01-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-INV2 Trust                                                  | GCAT 2024-INV2 Trust 6.00                                                              | CUSIP: 36170KAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    345972 | PA      | $350972.77    | 0.04%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.50                                                                | CUSIP: 36179ME30<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    193420 | PA      | $183318.83    | 0.02%             | 2042-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.00                                                                | CUSIP: 36179VMD9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    430706 | PA      | $389938.02    | 0.04%             | 2050-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.00                                                                | CUSIP: 36179VQT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1136482 | PA      | $1029515.64   | 0.11%             | 2050-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.50                                                                | CUSIP: 36179WG51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    735955 | PA      | $685995.48    | 0.08%             | 2051-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.00                                                                | CUSIP: 36179WJS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1063719 | PA      | $962144.66    | 0.11%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 4.00                                                                | CUSIP: 36179XFG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2902212 | PA      | $2773048.55   | 0.31%             | 2052-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 4.50                                                                | CUSIP: 36179XFH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2714684 | PA      | $2672941.85   | 0.29%             | 2052-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 4.50                                                                | CUSIP: 36179XHY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2241265 | PA      | $2207492.61   | 0.24%             | 2052-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 4.00                                                                | CUSIP: 36179YU36<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3661669 | PA      | $3475703.99   | 0.38%             | 2054-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                    | Ally Financial Inc 8.00 11/01/2031                                                     | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    646000 | PA      | $732717.28    | 0.08%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 5.00                                                                | CUSIP: 3622ADQC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1424873 | PA      | $1429590.16   | 0.16%             | 2054-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc                                                     | GXO Logistics Inc 6.25 05/06/2029                                                      | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    727000 | PA      | $767378.39    | 0.08%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc                                                     | GXO Logistics Inc 6.50 05/06/2034                                                      | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    210000 | PA      | $226276.78    | 0.02%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2023-PJ6                          | GS Mortgage-Backed Securities Trust 2023-PJ6 6.00                                      | CUSIP: 36268FAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    330922 | PA      | $334119.58    | 0.04%             | 2054-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2024-PJ1                          | GS Mortgage-Backed Securities Trust 2024-PJ1 6.00                                      | CUSIP: 36268VAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550765 | PA      | $554511.61    | 0.06%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2023-PJ4                          | GS Mortgage-Backed Securities Trust 2023-PJ4 6.00                                      | CUSIP: 36270XAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    371058 | PA      | $376230.03    | 0.04%             | 2054-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2025-PJ7                          | GS Mortgage-Backed Securities Trust 2025-PJ7 5.50                                      | CUSIP: 36272MAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    999131 | PA      | $1003693.25   | 0.11%             | 2055-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-INV3 Trust                                                  | GCAT 2024-INV3 Trust 5.50                                                              | CUSIP: 36830FAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    474988 | PA      | $478500.66    | 0.05%             | 2054-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                       | General Motors Financial Co Inc 5.60 06/18/2031                                        | CUSIP: 37045XEY8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | CA        |    298000 | PA      | $311189.62    | 0.03%             | 2031-06-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co In                                        | General Motors Financial Co Inc 6.15 07/15/2035                                        | CUSIP: 37045XFK7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | CA        |    210000 | PA      | $222286.45    | 0.02%             | 2035-07-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| GENMAB A/S/GENMAB FINANCE LLC                                         | GENMAB A/S/GENMAB FINANCE LLC 6.25 12/15/2032                                          | CUSIP: 37230JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |    430000 | PA      | $441065.14    | 0.05%             | 2032-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Gildan Activewear Inc                                                 | Gildan Activewear Inc 4.70 10/07/2030                                                  | CUSIP: 375916AF0<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $299187.93    | 0.03%             | 2030-10-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Gildan Activewear Inc                                                 | Gildan Activewear Inc 5.40 10/07/2035                                                  | CUSIP: 375916AG8<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $399704.33    | 0.04%             | 2035-10-07      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                  | Glencore Funding LLC 5.89 04/04/2054                                                   | CUSIP: 378272BV9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111864.93    | 0.01%             | 2054-04-04      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                  | Glencore Funding LLC 5.19 04/01/2030                                                   | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    345000 | PA      | $355303.91    | 0.04%             | 2030-04-01      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                              | Golden State Tobacco Securitization Corp 2.75% 06/01/2034                              | CUSIP: 38122NB50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $381313.94    | 0.04%             | 2034-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Goldentree Loan Opportunities Ltd                                     | GoldenTree Loan Management US CLO 23 Ltd 5.42                                          | CUSIP: 38139KAJ8<br>LEI: 254900TP00US14X9AP48 | Long             | ABS-CBDO         | CORP              | US        |    850000 | PA      | $854932.98    | 0.09%             | 2039-01-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                           | Goldman Sachs Group Inc/The 6.48 10/24/2029                                            | CUSIP: 38141GA46<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    630000 | PA      | $667069.64    | 0.07%             | 2029-10-24      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                           | Goldman Sachs Group Inc/The 4.37 10/21/2031                                            | CUSIP: 38141GD35<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    410000 | PA      | $407753.64    | 0.04%             | 2031-10-21      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                           | MetLife Inc                                                                            | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     47864 | NS      | $3775512.32   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                                        | Microsoft Corp                                                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     84380 | NS      | $36307870.20  | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                                                 | Micron Technology Inc                                                                  | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      3186 | NS      | $1321807.68   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                                                           | MongoDB Inc                                                                            | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      4141 | NS      | $1537677.53   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** American Century Mutual Funds, Inc.

**Signature:** Amy R. Bitter

**Name of Signer:** Amy R. Bitter

**Title:** Assistant Treasurer