# EDGAR Filing Document

**Accession Number:** 0000315754
**File Stem:** 0001145549-23-006668
**Filing Date:** 2023-2
**Character Count:** 102906
**Document Hash:** ef4d8be8934509e27e8f1d7e03ea4757
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-006668.hdr.sgml**: 20230216

**ACCESSION NUMBER**: 0001145549-23-006668

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230216

**DATE AS OF CHANGE**: 20230216

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OHIO NATIONAL FUND INC
- **CENTRAL INDEX KEY:** 0000315754
- **IRS NUMBER:** 310978635
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03015
- **FILM NUMBER:** 23637909

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242
- **BUSINESS PHONE:** 513-794-6230

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ON MARKET YIELD FUND INC
- **DATE OF NAME CHANGE:** 19821026

## Series and Classes Contracts Data

### ON BlackRock Balanced Allocation Portfolio (Series ID: S000007890)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000021431 | ON BlackRock Balanced Allocation Portfolio |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Ohio National Fund, Inc.

- **b. Investment Company Act file number:** 811-03015

- **c. CIK number of Registrant:** 0000315754

- **d. LEI of Registrant:** 5493003JP6LYED5W1C30

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

  - **Street Address 1:** One Financial Way

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45242

  - **Telephone number:** 513-794-6971

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

- **a. Name of Series:** ON BlackRock Balanced Allocation Portfolio

- **b. EDGAR series identifier (if any):** S000007890

- **c. LEI of Series:** 549300CZGGVZ2AX7LN12

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $419190806.15

**Total Liabilities:** $333197.51

**Net Assets:** $418857608.64

**Cash Not Reported:** $3320507.04

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 11.234501402592 | **1-Year:** 2711.241586650500 | **5-Year:** 19666.863329072957 | **10-Year:** 27780.406676078925 | **30-Year:** 15244.071861756587

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

- **3-Month:** 5.401592360840 | **1-Year:** 14.132178302684 | **5-Year:** 356.760231348390 | **10-Year:** 2.899603435916 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000021431 | 5.88%                | 5.22%                | -4.44%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1404707.37             | $24201509.54                               |
| Month 2  | $-826565.68              | $21980795.73                               |
| Month 3  | $-1544969.92             | $-18562961.86                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Curtiss-Wright Corp.                                              | CURTISS WRIGHT CORP COMMON STOCK USD1.0               | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      5808 | NS      | $958552.32    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Company                                                | DTE ENERGY COMPANY COMMON STOCK                       | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     31032 | NS      | $3657431.52   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corporation                                               | DANAHER CORP COMMON STOCK USD.01                      | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     11890 | NS      | $3118390.30   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                                                   | DEERE + CO COMMON STOCK USD1.0                        | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      7499 | NS      | $3181750.71   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                                             | DELL TECHNOLOGIES  C COMMON STOCK                     | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     15116 | NS      | $618244.40    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services                                       | DISCOVER FINANCIAL SERVICES COMMON STOCK USD.01       | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |      8710 | NS      | $844782.90    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources, Inc.                                               | EOG RESOURCES INC COMMON STOCK USD.01                 | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     16729 | NS      | $2081924.05   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                                                         | EBAY INC COMMON STOCK USD.001                         | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     43173 | NS      | $1819741.95   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                                       | ECOLAB INC COMMON STOCK USD1.0                        | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     17862 | NS      | $2629465.02   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                                                | ENPHASE ENERGY INC COMMON STOCK USD.00001             | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      1411 | NS      | $357420.41    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential Properties Trust                               | EQUITY RESIDENTIAL REIT USD.01                        | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     29324 | NS      | $1725424.16   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                                        | ESSEX PROPERTY TRUST INC REIT USD.0001                | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      7319 | NS      | $1546577.89   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                                        | EVERGY INC COMMON STOCK                               | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     28400 | NS      | $1787212.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corporation                                           | EXXON MOBIL CORP COMMON STOCK                         | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     42497 | NS      | $4526355.47   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corporation                                                   | FMC CORP COMMON STOCK USD.1                           | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     12527 | NS      | $1564872.84   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                                | FACEBOOK INC CLASS A COMMON STOCK USD.000006          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     22016 | NS      | $2746275.84   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                                                   | FOX CORP   CLASS A COMMON STOCK USD.01                | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    100169 | NS      | $3032115.63   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                                                   | FOX CORP   CLASS B COMMON STOCK USD.01                | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |      1535 | NS      | $43501.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                                      | GENERAL DYNAMICS CORP COMMON STOCK USD1.0             | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     14095 | NS      | $3504017.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                                            | GENERAL MOTORS CO COMMON STOCK USD.01                 | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     17313 | NS      | $585525.66    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                                             | GILEAD SCIENCES INC COMMON STOCK USD.001              | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      7304 | NS      | $623688.56    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                                                  | WW GRAINGER INC COMMON STOCK USD.5                    | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1602 | NS      | $890599.86    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Company                                               | HALLIBURTON CO COMMON STOCK USD2.5                    | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     27494 | NS      | $1035424.04   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Heico Corp                                                        | HEICO CORP COMMON STOCK USD.01                        | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      4184 | NS      | $636093.52    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co (The)                                                  | HERSHEY CO/THE COMMON STOCK USD1.0                    | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      9829 | NS      | $2230494.97   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Company                                | HEWLETT PACKARD ENTERPRISE COMMON STOCK USD.01        | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     84999 | NS      | $1365083.94   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc                                                    | HOME DEPOT INC COMMON STOCK USD.05                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     13685 | NS      | $4323228.35   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                                       | HUMANA INC COMMON STOCK USD.1666666                   | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       806 | NS      | $403394.94    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc.                                          | ILLINOIS TOOL WORKS COMMON STOCK USD.01               | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     10447 | NS      | $2301683.04   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corporation                                                 | INTEL CORP COMMON STOCK USD.001                       | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     83529 | NS      | $2232730.17   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AEP Transmission Company, LLC                                     | AEP TRANSMISSION CO LLC SR UNSECURED 12/46 4          | CUSIP: 00115AAF6<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $808005.19    | 0.19%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Company, LLC                                     | AEP TRANSMISSION CO LLC SR UNSECURED 12/47 3.75       | CUSIP: 00115AAH2<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $784300.46    | 0.19%             | 2047-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                          | AT+T INC SR UNSECURED 08/37 4.9                       | CUSIP: 00206RFW7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $927571.36    | 0.22%             | 2037-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                       | ABBVIE INC SR UNSECURED 11/29 3.2                     | CUSIP: 00287YBX6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $903268.55    | 0.22%             | 2029-11-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                       | ABBVIE INC SR UNSECURED 11/49 4.25                    | CUSIP: 00287YCB3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1691656.84   | 0.40%             | 2049-11-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Aercap Ireland Capital DAC                                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 01/24 4.875     | CUSIP: 00774MAK1<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $991851.73    | 0.24%             | 2024-01-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Aercap Ireland Capital DAC                                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 01/32 3.3       | CUSIP: 00774MAX3<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $785193.54    | 0.19%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                             | AIR LEASE CORP SR UNSECURED 01/23 2.25                | CUSIP: 00914AAD4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999124.71    | 0.24%             | 2023-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                             | AIR LEASE CORP SR UNSECURED 02/25 2.3                 | CUSIP: 00914AAF9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1862486.54   | 0.44%             | 2025-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                             | ALEXANDRIA REAL ESTATE E COMPANY GUAR 01/28 3.95      | CUSIP: 015271AK5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941134.56    | 0.22%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Intuit Inc                                                        | INTUIT INC COMMON STOCK USD.01                        | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2324 | NS      | $909102.32    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                              | JPMORGAN CHASE + CO COMMON STOCK USD1.0               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3005 | NS      | $406035.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                  | AMAZON.COM INC SR UNSECURED 08/37 3.875               | CUSIP: 023135BF2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $893001.96    | 0.21%             | 2037-08-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ameren Corporation                                                | AMEREN CORP SR UNSECURED 09/24 2.5                    | CUSIP: 023608AH5<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $956978.28    | 0.23%             | 2024-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ameren Corporation                                                | AMEREN CORP SR UNSECURED 01/31 3.5                    | CUSIP: 023608AJ1<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $886365.84    | 0.21%             | 2031-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| American Express Company                                          | AMERICAN EXPRESS CO SR UNSECURED 08/33 VAR            | CUSIP: 025816DA4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1141187.44   | 0.27%             | 2033-08-03      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| American Tower Corporation                                        | AMERICAN TOWER CORP SR UNSECURED 01/27 2.75           | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1817506.70   | 0.43%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                       | AMERICAN WATER CAPITAL C SR UNSECURED 12/42 4.3       | CUSIP: 03040WAJ4<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87780.48     | 0.02%             | 2042-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc | ANHEUSER BUSCH CO/INBEV COMPANY GUAR 02/36 4.7        | CUSIP: 03522AAH3<br>LEI: 5493002J2SVENP0PVK27 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1901086.48   | 0.45%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corporation                                          | ARES CAPITAL CORP SR UNSECURED 11/31 3.2              | CUSIP: 04010LBC6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1111547.24   | 0.27%             | 2031-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                 | JOHNSON + JOHNSON COMMON STOCK USD1.0                 | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     20791 | NS      | $3704748.29   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks, Inc.                                            | JUNIPER NETWORKS INC COMMON STOCK USD.00001           | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |     27381 | NS      | $890703.93    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| B.A.T. Capital Corporation                                        | BAT CAPITAL CORP COMPANY GUAR 09/26 3.215             | CUSIP: 05526DBJ3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $925295.94    | 0.22%             | 2026-09-06      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                        | BAT CAPITAL CORP COMPANY GUAR 04/27 4.7               | CUSIP: 05526DBP9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $961027.55    | 0.23%             | 2027-04-02      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Baker Hughes Holdings Llc                                         | BAKER HUGHES LLC/CO OBL SR UNSECURED 12/27 3.337      | CUSIP: 05723KAE0<br>LEI: 549300XU3XH6F05YEQ93 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $928163.25    | 0.22%             | 2027-12-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                  | BANK OF MONTREAL SUBORDINATED 12/32 VAR               | CUSIP: 06368BGS1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $176815.51    | 0.04%             | 2032-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Truist Bank (North Carolina)                                      | TRUIST BANK SUBORDINATED 09/29 VAR                    | CUSIP: 07330MAC1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2339720.68   | 0.56%             | 2029-09-17      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Best Buy Inc                                                      | BEST BUY CO INC SR UNSECURED 10/30 1.95               | CUSIP: 08652BAB5<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1585531.78   | 0.38%             | 2030-10-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Black Hills Corporation                                           | BLACK HILLS CORP SR UNSECURED 10/29 3.05              | CUSIP: 092113AR0<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2131304.40   | 0.51%             | 2029-10-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| BlackRock, Inc.                                                   | BLACKROCK INC SR UNSECURED 02/32 2.1                  | CUSIP: 09247XAS0<br>LEI: 549300LRIF3NWCU26A80 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $805936.39    | 0.19%             | 2032-02-25      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| The Boeing Company                                                | BOEING CO SR UNSECURED 03/29 3.2                      | CUSIP: 097023CD5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1322571.14   | 0.32%             | 2029-03-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets America, Inc.                                  | BP CAP MARKETS AMERICA COMPANY GUAR 01/27 3.017       | CUSIP: 10373QAV2<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $933882.53    | 0.22%             | 2027-01-16      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| KLA Corporation                                                   | KLA CORP COMMON STOCK USD.001                         | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2391 | NS      | $900331.05    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kroger Co.                                                    | KROGER CO COMMON STOCK USD1.0                         | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     22272 | NS      | $990435.84    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                                      | BROADCOM INC COMPANY GUAR 144A 02/33 2.6              | CUSIP: 11135FBF7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $753043.22    | 0.18%             | 2033-02-15      | Fixed         | 2.60%                 | Yes           |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                  | BURLINGTN NORTH SANTA FE SR UNSECURED 09/44 4.55      | CUSIP: 12189LAU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $91926.78     | 0.02%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Lam Research Corporation                                          | LAM RESEARCH CORP COMMON STOCK USD.001                | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      2692 | NS      | $1115295.60   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corporation                                                  | LEAR CORP COMMON STOCK USD.01                         | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |      2698 | NS      | $339597.26    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell Soup Company                                             | CAMPBELL SOUP CO SR UNSECURED 03/28 4.15              | CUSIP: 134429BG3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1916367.26   | 0.46%             | 2028-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Capital One, National Association                                 | CAPITAL ONE BANK USA NA SR UNSECURED 01/26 VAR        | CUSIP: 14042TCT2<br>LEI: LKE37K2B8CFZUR7F9816 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $935092.62    | 0.22%             | 2026-01-28      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                   | ELI LILLY + CO COMMON STOCK                           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      8775 | NS      | $3202787.25   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment, Inc.                                   | LIVE NATION ENTERTAINMENT IN COMMON STOCK USD.01      | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |      5023 | NS      | $345883.78    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corporation                                               | CHEVRON CORP SR UNSECURED 05/30 2.236                 | CUSIP: 166764BY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1033661.92   | 0.25%             | 2030-05-11      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                    | CITIGROUP INC SUBORDINATED 07/28 4.125                | CUSIP: 172967KU4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $932333.35    | 0.22%             | 2028-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                    | CITIGROUP INC SR UNSECURED 05/32 VAR                  | CUSIP: 172967MY4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1586357.18   | 0.38%             | 2032-05-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                    | CITIGROUP INC SR UNSECURED 11/30 VAR                  | CUSIP: 17308CC53<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $843697.65    | 0.20%             | 2030-11-05      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| The Coca-Cola Company                                             | COCA COLA CO/THE SR UNSECURED 03/51 3                 | CUSIP: 191216DL1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1480049.68   | 0.35%             | 2051-03-05      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Comcast Corporation                                               | COMCAST CORP COMPANY GUAR 11/39 3.25                  | CUSIP: 20030NCY5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1571394.08   | 0.38%             | 2039-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Company                                       | COMMONWEALTH EDISON CO 1ST MORTGAGE 11/45 4.35        | CUSIP: 202795JG6<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $863951.89    | 0.21%             | 2045-11-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| The Connecticut Light and Power Company                           | CONNECTICUT LIGHT + PWR 1ST REF MORT 04/48 4          | CUSIP: 207597EL5<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $845783.83    | 0.20%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Diageo Capital PLC                                                | DIAGEO CAPITAL PLC COMPANY GUAR 10/29 2.375           | CUSIP: 25243YBB4<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1710967.94   | 0.41%             | 2029-10-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Discover Bank                                                     | DISCOVER BANK SUBORDINATED 08/28 VAR                  | CUSIP: 25466AAN1<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239830.48    | 0.06%             | 2028-08-09      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corporation                                       | LOCKHEED MARTIN CORP COMMON STOCK USD1.0              | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      7770 | NS      | $3710408.10   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.                                             | LOWE S COS INC COMMON STOCK USD.5                     | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     10869 | NS      | $2163365.76   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Bank                                                     | DISCOVER BANK SR UNSECURED 09/24 2.45                 | CUSIP: 25466AAQ4<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $946458.85    | 0.23%             | 2024-09-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| The Dow Chemical Company                                          | DOW CHEMICAL CO/THE SR UNSECURED 10/34 4.25           | CUSIP: 260543CK7<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |   1402000 | PA      | $1271960.25   | 0.30%             | 2034-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                  | DUKE ENERGY CORP SR UNSECURED 09/46 3.75              | CUSIP: 26441CAT2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1121226.12   | 0.27%             | 2046-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana, LLC.                                         | DUKE ENERGY INDIANA LLC 1ST MORTGAGE 10/49 3.25       | CUSIP: 26443TAB2<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $705036.37    | 0.17%             | 2049-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                | ENERGY TRANSFER OPERATNG COMPANY GUAR 06/28 4.95      | CUSIP: 29278NAF0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $967067.16    | 0.23%             | 2028-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Expedia Group Inc                                                 | EXPEDIA GROUP INC COMPANY GUAR 08/27 4.625            | CUSIP: 30212PBK0<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $960132.43    | 0.23%             | 2027-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FedEx Corporation                                                 | FEDEX CORP COMPANY GUAR 01/34 4.9                     | CUSIP: 31428XAX4<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $955562.79    | 0.23%             | 2034-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Federal Express Corporation                                       | FEDEX 2020 1 CLASS AA SR SECURED 08/35 1.875          | CUSIP: 314353AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1786110 | PA      | $1471313.62   | 0.35%             | 2035-08-20      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Firstenergy Transmission Llc                                      | FIRSTENERGY TRANSMISSION SR UNSECURED 144A 04/49 4.55 | CUSIP: 33767BAC3<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |    200000 | PA      | $164314.08    | 0.04%             | 2049-04-01      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| Florida Power & Light Company                                     | FLORIDA POWER + LIGHT CO 1ST MORTGAGE 10/49 3.15      | CUSIP: 341081FX0<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $734556.82    | 0.18%             | 2049-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Lululemon Athletica Inc.                                          | LULULEMON ATHLETICA INC COMMON STOCK USD.005          | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |      4096 | NS      | $1324564.48   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Oil Corporation                                          | MARATHON OIL CORP COMMON STOCK USD1.0                 | CUSIP: 565849106<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | EC               | CORP              | US        |     24027 | NS      | $616052.28    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Credit Company LLC                                     | FORD MOTOR CREDIT CO LLC SR UNSECURED 01/23 3.087     | CUSIP: 345397A29<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1995780.00   | 0.48%             | 2023-01-09      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                              | GENERAL MOTORS FINL CO SR UNSECURED 06/31 2.7         | CUSIP: 37045XDL7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2311496.37   | 0.55%             | 2031-06-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                              | GLENCORE FUNDING LLC COMPANY GUAR 144A 04/31 2.85     | CUSIP: 378272BE7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2473149.63   | 0.59%             | 2031-04-27      | Fixed         | 2.85%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                         | GOLDMAN SACHS GROUP INC SR UNSECURED 05/25 3.75       | CUSIP: 38148LAE6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $967656.28    | 0.23%             | 2025-05-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Company                                        | MARATHON PETROLEUM CORP COMMON STOCK USD.01           | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     16536 | NS      | $1834173.12   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.                                  | MARSH + MCLENNAN COS COMMON STOCK USD1.0              | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     21481 | NS      | $3565416.38   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                                           | MASTERCARD INC   A COMMON STOCK USD.0001              | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      8637 | NS      | $2995311.60   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corporation                                            | MCDONALD S CORP COMMON STOCK USD.01                   | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      3149 | NS      | $832375.17    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                                               | ABBOTT LABORATORIES COMMON STOCK                      | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     15135 | NS      | $1658493.30   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                                       | ABBVIE INC COMMON STOCK USD.01                        | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      8363 | NS      | $1357983.94   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                                         | ADOBE INC COMMON STOCK USD.0001                       | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      6831 | NS      | $2301500.52   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                                             | AECOM COMMON STOCK USD.01                             | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      4965 | NS      | $415620.15    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc.                                         | AGILENT TECHNOLOGIES INC COMMON STOCK USD.01          | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     19749 | NS      | $2963139.96   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                                     | ALPHABET INC CL C COMMON STOCK USD.001                | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     50718 | NS      | $4549404.60   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                                                  | MERCK + CO. INC. COMMON STOCK USD.5                   | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     15890 | NS      | $1766014.60   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                                      | METLIFE INC COMMON STOCK USD.01                       | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     51131 | NS      | $3689101.65   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                                     | ALPHABET INC CL A COMMON STOCK USD.001                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     70284 | NS      | $6263710.08   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                  | AMAZON.COM INC COMMON STOCK USD.01                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     82324 | NS      | $7065045.68   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                                             | MICROSOFT CORP COMMON STOCK USD.00000625              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     76074 | NS      | $18225808.92  | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                                      | MONDELEZ INTERNATIONAL INC A COMMON STOCK             | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     29966 | NS      | $1985247.50   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                                          | AMERICAN EXPRESS CO COMMON STOCK USD.2                | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     28748 | NS      | $4229405.76   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corporation                                     | AMERISOURCEBERGEN CORP COMMON STOCK USD.01            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      7591 | NS      | $1247125.39   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                                        | AMGEN INC COMMON STOCK USD.0001                       | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      9485 | NS      | $2481750.25   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                                               | ANALOG DEVICES INC COMMON STOCK USD.167               | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     25680 | NS      | $4171716.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                                              | ANTHEM INC COMMON STOCK USD.01                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      4129 | NS      | $2073583.80   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                                        | APPLE INC COMMON STOCK USD.00001                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    132706 | NS      | $16597539.42  | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.                                            | APPLIED MATERIALS INC COMMON STOCK USD.01             | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     13342 | NS      | $1290571.66   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.                                   | AUTOMATIC DATA PROCESSING COMMON STOCK USD.1          | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      7760 | NS      | $1844241.60   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation, Inc.                                                  | AUTONATION INC COMMON STOCK USD.01                    | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8275 | NS      | $887245.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corporation                                       | BANK OF AMERICA CORP COMMON STOCK USD.01              | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     77641 | NS      | $2601749.91   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation                           | BANK OF NEW YORK MELLON CORP COMMON STOCK USD.01      | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     22374 | NS      | $1035916.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company                                     | BECTON DICKINSON AND CO COMMON STOCK USD1.0           | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     11650 | NS      | $2984497.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                                           | BERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     13966 | NS      | $4328203.06   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Inc                                                      | BEST BUY CO INC COMMON STOCK USD.1                    | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      1949 | NS      | $156719.09    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                                        | BIOGEN INC COMMON STOCK USD.0005                      | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      2315 | NS      | $631138.45    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corporation                                     | BOSTON SCIENTIFIC CORP COMMON STOCK USD.01            | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     45966 | NS      | $2114895.66   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                                               | NEWMONT CORP COMMON STOCK USD1.6                      | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      6677 | NS      | $331045.66    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                                      | NVIDIA CORP COMMON STOCK USD.001                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     15781 | NS      | $2259050.15   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                                      | BRISTOL MYERS SQUIBB CO COMMON STOCK USD.1            | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      6186 | NS      | $447000.36    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                                                | BROWN FORMAN CORP CLASS B COMMON STOCK USD.15         | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     19334 | NS      | $1256516.66   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Paccar Inc                                                        | PACCAR INC COMMON STOCK USD1.0                        | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     21245 | NS      | $2091145.35   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Incorporation                                     | PAYPAL HOLDINGS INC COMMON STOCK USD.0001             | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     19399 | NS      | $1446777.42   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corporation                                                 | CIGNA CORP COMMON STOCK USD.01                        | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     12705 | NS      | $4084403.40   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                                                    | CME GROUP INC COMMON STOCK USD.01                     | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      7736 | NS      | $1306997.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corporation                                            | CMS ENERGY CORP COMMON STOCK USD.01                   | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     33525 | NS      | $2136548.25   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                                                   | CSX CORP COMMON STOCK USD1.0                          | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     35624 | NS      | $1100069.12   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                                       | PEPSICO INC COMMON STOCK USD.017                      | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     31821 | NS      | $5709005.61   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                                       | PFIZER INC COMMON STOCK USD.05                        | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     47204 | NS      | $2419677.04   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                                   | CVS HEALTH CORP COMMON STOCK USD.01                   | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     15590 | NS      | $1448466.90   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corporation                                 | CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01        | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     12428 | NS      | $1155431.16   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corporation                                               | CHEVRON CORP COMMON STOCK USD.75                      | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22337 | NS      | $3886414.63   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.                              | COGNIZANT TECH SOLUTIONS A COMMON STOCK USD.01        | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     22503 | NS      | $1295947.77   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Company                                         | COLGATE PALMOLIVE CO COMMON STOCK USD1.0              | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     45531 | NS      | $3602868.03   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                                               | COMCAST CORP CLASS A COMMON STOCK USD.01              | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     69157 | NS      | $2459914.49   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                                       | CORTEVA INC COMMON STOCK USD.01                       | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     28270 | NS      | $1665951.10   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation                                      | COSTCO WHOLESALE CORP COMMON STOCK USD.005            | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      2196 | NS      | $995402.88    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc.                                                 | CROWN CASTLE INTL CORP REIT USD.01                    | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      2738 | NS      | $378692.78    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Inc.                                                          | HCA INC SR SECURED 06/26 5.25                         | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1979994.00   | 0.47%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HP Inc                                                            | HP INC SR UNSECURED 06/31 2.65                        | CUSIP: 40434LAJ4<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2339758.35   | 0.56%             | 2031-06-17      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Halliburton Company                                               | HALLIBURTON CO SR UNSECURED 11/35 4.85                | CUSIP: 406216BJ9<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $933046.74    | 0.22%             | 2035-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                                        | HASBRO INC SR UNSECURED 11/29 3.9                     | CUSIP: 418056AZ0<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1782563.36   | 0.43%             | 2029-11-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Hershey Co (The)                                                  | HERSHEY COMPANY SR UNSECURED 06/30 1.7                | CUSIP: 427866BE7<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $967571.15    | 0.23%             | 2030-06-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Jbs Usa Lux SA/Jbs Usa Food Company/Jbs Usa Finance Inc           | JBS USA/FOOD/FINANCE SR UNSECURED 144A 04/33 5.75     | CUSIP: 46590XAH9<br>LEI: P77IMDGVZE8EFBTF2M92 | Long             | DBT              | CORP              | LU        |    800000 | PA      | $763984.00    | 0.18%             | 2033-04-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                              | JPMORGAN CHASE + CO SUBORDINATED 12/27 3.625          | CUSIP: 46625HRX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $928140.39    | 0.22%             | 2027-12-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                              | JPMORGAN CHASE + CO SUBORDINATED 05/31 VAR            | CUSIP: 46647PBP0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $826078.94    | 0.20%             | 2031-05-13      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                               | KINDER MORGAN INC COMPANY GUAR 12/34 5.3              | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $942282.75    | 0.22%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| The Procter & Gamble Company                                      | PROCTER + GAMBLE CO/THE COMMON STOCK                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     23371 | NS      | $3542342.47   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                                                     | PROLOGIS INC REIT USD.01                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     21529 | NS      | $2426103.01   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corporation                                          | KINROSS GOLD CORP COMPANY GUAR 07/27 4.5              | CUSIP: 496902AQ0<br>LEI: 549300UEBMAQDN0K0R06 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $950996.86    | 0.23%             | 2027-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                                         | KRAFT HEINZ FOODS CO COMPANY GUAR 10/39 4.625         | CUSIP: 50077LAX4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    800000 | PA      | $709096.86    | 0.17%             | 2039-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Lear Corporation                                                  | LEAR CORP SR UNSECURED 05/30 3.5                      | CUSIP: 521865BB0<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $844819.53    | 0.20%             | 2030-05-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corporation                                       | LOCKHEED MARTIN CORP SR UNSECURED 06/30 1.85          | CUSIP: 539830BP3<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    800000 | PA      | $660193.83    | 0.16%             | 2030-06-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc.                                                     | QUALCOMM INC COMMON STOCK USD.0001                    | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     10269 | NS      | $1100836.80   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                                    | SALESFORCE.COM INC COMMON STOCK USD.001               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     17461 | NS      | $2353393.58   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.                                             | LOWE S COS INC SR UNSECURED 10/50 3                   | CUSIP: 548661DZ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $645772.65    | 0.15%             | 2050-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                    | MORGAN STANLEY SR UNSECURED 01/31 VAR                 | CUSIP: 6174468L6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1240927.53   | 0.30%             | 2031-01-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Schlumberger Limited                                              | SCHLUMBERGER LTD COMMON STOCK USD.01                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     30139 | NS      | $1552158.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                                                    | SERVICENOW INC COMMON STOCK USD.001                   | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      4433 | NS      | $1708921.50   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                    | MORGAN STANLEY SUBORDINATED 04/27 3.95                | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $944603.66    | 0.23%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| The Mosaic Company                                                | MOSAIC CO SR UNSECURED 11/27 4.05                     | CUSIP: 61945CAG8<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $945360.60    | 0.23%             | 2027-11-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Silicon Laboratories, Inc.                                        | SILICON LABORATORIES INC COMMON STOCK USD.0001        | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |      6970 | NS      | $934328.50    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                                          | SIMON PROPERTY GROUP INC REIT USD.0001                | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     26967 | NS      | $3169701.18   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Siteone Landscape Supply Inc                                      | SITEONE LANDSCAPE SUPPLY INC COMMON STOCK USD.01      | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |      6327 | NS      | $745130.79    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-On Incorporated                                              | SNAP ON INC COMMON STOCK USD1.0                       | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      4927 | NS      | $1130155.26   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                                                        | ONEOK INC COMPANY GUAR 01/26 5.85                     | CUSIP: 682680BD4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    800000 | PA      | $811411.66    | 0.19%             | 2026-01-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Oracle Corporation                                                | ORACLE CORP SR UNSECURED 07/34 4.3                    | CUSIP: 68389XAV7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1863466.92   | 0.44%             | 2034-07-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PNC Bank National Association Pittsburgh Pennsylvania             | PNC BANK NA SUBORDINATED 07/28 4.05                   | CUSIP: 69349LAR9<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1846555.83   | 0.44%             | 2028-07-26      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                  | PHILIP MORRIS INTL INC SR UNSECURED 08/29 3.375       | CUSIP: 718172CJ6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $901626.50    | 0.22%             | 2029-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Public Service Electric and Gas Company                           | PUBLIC SERVICE ELECTRIC 1ST MORTGAGE 12/47 3.6        | CUSIP: 74456QBT2<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $780763.37    | 0.19%             | 2047-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Incorporated                                    | QUEST DIAGNOSTICS INC SR UNSECURED 06/31 2.8          | CUSIP: 74834LBC3<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    800000 | PA      | $673513.92    | 0.16%             | 2031-06-30      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.                                   | REGENERON PHARMACEUTICAL SR UNSECURED 09/30 1.75      | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $934000.68    | 0.22%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                    | CHARLES SCHWAB CORP SR UNSECURED 04/27 3.3            | CUSIP: 808513BW4<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $947183.34    | 0.23%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Shell International Finance B.V.                                  | SHELL INTERNATIONAL FIN COMPANY GUAR 05/46 4          | CUSIP: 822582BQ4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |   1500000 | PA      | $1244289.84   | 0.30%             | 2046-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State Street Corporation                                          | STATE STREET CORP SUBORDINATED 03/31 2.2              | CUSIP: 857477BP7<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $803777.50    | 0.19%             | 2031-03-03      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Steel Dynamics, Inc.                                              | STEEL DYNAMICS INC SR UNSECURED 01/31 3.25            | CUSIP: 858119BM1<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |    800000 | PA      | $688642.29    | 0.16%             | 2031-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                               | SYNCHRONY FINANCIAL SR UNSECURED 08/24 4.25           | CUSIP: 87165BAD5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $977592.49    | 0.23%             | 2024-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                | T MOBILE USA INC SR SECURED 04/30 3.875               | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1095979.37   | 0.26%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TTX Co.                                                           | TTX CO SR UNSECURED 144A 12/52 5.65                   | CUSIP: 87305QCP4<br>LEI: 549300I8CNSYS1OGX775 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1028716.22   | 0.25%             | 2052-12-02      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Target Corporation                                                | TARGET CORP SR UNSECURED 02/30 2.35                   | CUSIP: 87612EBJ4<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1706455.84   | 0.41%             | 2030-02-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Tennessee Gas Pipeline Company                                    | TENNESSEE GAS PIPELINE COMPANY GUAR 144A 03/30 2.9    | CUSIP: 880451AZ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $840255.82    | 0.20%             | 2030-03-01      | Fixed         | 2.90%                 | Yes           |                  2 | On Loan: No      |
| Snap Inc                                                          | SNAP INC   A COMMON STOCK USD.00001                   | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |     43990 | NS      | $389311.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corporation                                             | STARBUCKS CORP COMMON STOCK USD.001                   | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      4538 | NS      | $457566.54    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Management Holding Company LLC                           | TIME WARNER CABLE LLC SR SECURED 05/37 6.55           | CUSIP: 88732JAJ7<br>LEI: B1WXCWLJVJXMWJX6O298 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $954295.05    | 0.23%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Trust 2019-2AA                       | UNITED AIR 2019 2 AA PTT PASS THRU CE 11/33 2.7       | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    884524 | PA      | $716986.19    | 0.17%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Steel Dynamics, Inc.                                              | STEEL DYNAMICS INC COMMON STOCK USD.005               | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      6714 | NS      | $638971.38    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corporation                                                | TARGET CORP COMMON STOCK USD.0833                     | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      6488 | NS      | $984424.24    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| United Air Lines, Inc.                                            | UNITED AIR 2016 1 B PTT PASS THRU CE 07/27 3.65       | CUSIP: 90933HAA3<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | ABS-O            | CORP              | US        |    122917 | PA      | $111349.15    | 0.03%             | 2027-07-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                              | UNITED RENTALS NORTH AM COMPANY GUAR 01/28 4.875      | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $950000.00    | 0.23%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                     | US BANCORP SR UNSECURED 07/30 1.375                   | CUSIP: 91159HJA9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $777479.01    | 0.19%             | 2030-07-22      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                      | US TREASURY N/B 02/32 1.875                           | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $854726.56    | 0.20%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Teladoc Health Inc                                                | TELADOC HEALTH INC COMMON STOCK USD.001               | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |     13276 | NS      | $299772.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                                         | TESLA INC COMMON STOCK USD.001                        | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     25400 | NS      | $2745740.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                                                    | TETRA TECH INC COMMON STOCK USD.01                    | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |       863 | NS      | $123521.19    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                                      | THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1.0      | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      6326 | NS      | $3499416.68   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Notes                                      | US TREASURY N/B 11/32 4.125                           | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2500000 | PA      | $2569140.63   | 0.61%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                           | UNITEDHEALTH GROUP INC SR UNSECURED 12/28 3.875       | CUSIP: 91324PDP4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1911817.20   | 0.46%             | 2028-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                       | VERIZON COMMUNICATIONS SR UNSECURED 11/34 4.4         | CUSIP: 92343VCQ5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $922104.12    | 0.22%             | 2034-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                       | VERIZON COMMUNICATIONS SR UNSECURED 11/50 2.875       | CUSIP: 92343VFU3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $633023.67    | 0.15%             | 2050-11-20      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| The Timken Company                                                | TIMKEN CO COMMON STOCK                                | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     18065 | NS      | $1258949.85   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel Plus Leisure Co                                            | TRAVEL   LEISURE CO COMMON STOCK USD.01               | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     44055 | NS      | $1557784.80   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                                         | TRAVELERS COS INC/THE COMMON STOCK NPV                | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     14056 | NS      | $2630158.72   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods, Inc.                                                 | TYSON FOODS INC CL A COMMON STOCK USD.1               | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     14718 | NS      | $936064.80    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vici Properties Inc                                               | VICI PROPERTIES / NOTE COMPANY GUAR 144A 12/29 4.625  | CUSIP: 92564RAB1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    700000 | PA      | $637462.00    | 0.15%             | 2029-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| VMware Inc                                                        | VMWARE INC SR UNSECURED 08/31 2.2                     | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $916633.46    | 0.22%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc (CA) Inc                                    | WASTE CONNECTIONS INC SR UNSECURED 02/30 2.6          | CUSIP: 94106BAA9<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1712479.46   | 0.41%             | 2030-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Company                                             | WELLS FARGO + COMPANY SR UNSECURED 04/26 3            | CUSIP: 949746RW3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1402839.65   | 0.33%             | 2026-04-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                     | US BANCORP COMMON STOCK USD.01                        | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     33287 | NS      | $1485931.68   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                                                   | ULTA BEAUTY INC COMMON STOCK USD.01                   | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      2140 | NS      | $1009288.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Company                                             | WELLS FARGO + COMPANY SR UNSECURED 04/41 VAR          | CUSIP: 95000U2Q5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    800000 | PA      | $579021.66    | 0.14%             | 2041-04-30      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Welltower OP LLC                                                  | WELLTOWER INC SR UNSECURED 02/27 2.7                  | CUSIP: 95040QAK0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $902746.06    | 0.22%             | 2027-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                             | WESTPAC BANKING CORP SUBORDINATED 11/31 VAR           | CUSIP: 961214DF7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $187458.40    | 0.04%             | 2031-11-23      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                             | WESTPAC BANKING CORP SUBORDINATED 02/30 VAR           | CUSIP: 961214EM1<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   1500000 | PA      | $1378178.33   | 0.33%             | 2030-02-04      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corporation                                         | UNION PACIFIC CORP COMMON STOCK USD2.5                | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      2019 | NS      | $419104.02    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                                       | UNITED PARCEL SERVICE CL B COMMON STOCK USD.01        | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     10491 | NS      | $1838862.48   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Partners L.P.                                            | WILLIAMS COMPANIES INC SR UNSECURED 06/27 3.75        | CUSIP: 96949LAD7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $945625.95    | 0.23%             | 2027-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Williams Partners LP / Williams Partners Finance Corporation      | WILLIAMS COMPANIES INC SR UNSECURED 03/44 5.4         | CUSIP: 96950FAN4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91810.71     | 0.02%             | 2044-03-04      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CME GLOBEX                                                        | S+P500 EMINI FUT  MAR23 XCME 20230317                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |        24 | NC      | $-141207.01   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                                           | UNITEDHEALTH GROUP INC COMMON STOCK USD.01            | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      8001 | NS      | $4149638.64   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corporation                                         | VALERO ENERGY CORP COMMON STOCK USD.01                | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      3675 | NS      | $441147.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                                                 | VEEVA SYSTEMS INC CLASS A COMMON STOCK USD.00001      | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      2453 | NS      | $391547.86    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                                       | VERIZON COMMUNICATIONS INC COMMON STOCK USD.1         | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     26366 | NS      | $1057803.92   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                          | VISA INC CLASS A SHARES COMMON STOCK USD.0001         | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     15391 | NS      | $3191939.49   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Energy Corporation                                         | VISTRA CORP COMMON STOCK USD.01                       | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     19206 | NS      | $427717.62    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                                | VOYA FINANCIAL INC COMMON STOCK USD.01                | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     45915 | NS      | $2829282.30   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                                       | WALMART INC COMMON STOCK USD.1                        | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      7665 | NS      | $1100694.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros. Discovery Inc.                                       | WARNER BROS DISCOVERY INC COMMON STOCK                | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     13645 | NS      | $130173.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Company                                             | WELLS FARGO + CO COMMON STOCK USD1.666                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     57144 | NS      | $2388047.76   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corporation                                             | WHIRLPOOL CORP COMMON STOCK USD1.0                    | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |      2674 | NS      | $384334.02    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                                       | WORKDAY INC CLASS A COMMON STOCK USD.001              | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      5909 | NS      | $1000689.15   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                                       | XYLEM INC COMMON STOCK                                | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     15143 | NS      | $1677238.68   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM Brands Inc                                                    | YUM  BRANDS INC COMMON STOCK                          | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      5459 | NS      | $693074.64    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                                     | ACCENTURE PLC CL A COMMON STOCK USD.0000225           | CUSIP: G1151C101<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      3322 | NS      | $897803.72    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                                             | EATON CORP PLC COMMON STOCK USD.01                    | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      8314 | NS      | $1311533.50   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                                         | LINDE PLC COMMON STOCK EUR.001                        | CUSIP: G5494J103<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |      4482 | NS      | $1426844.70   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                                     | MEDTRONIC PLC COMMON STOCK USD.1                      | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     18082 | NS      | $1415097.32   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity Ltd                                               | TE CONNECTIVITY LTD COMMON STOCK CHF.57               | CUSIP: H84989104<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | CH        |      2766 | NS      | $317149.56    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                                             | NXP SEMICONDUCTORS NV COMMON STOCK                    | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      2145 | NS      | $332582.25    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                                         | FLEX LTD COMMON STOCK                                 | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |     97451 | NS      | $2101043.56   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-16

**Name of Applicant:** Ohio National Fund, Inc.

**Signature:** R. Todd Brockman

**Name of Signer:** R. Todd Brockman

**Title:** Treasurer