# EDGAR Filing Document

**Accession Number:** 0000889284
**File Stem:** 0000910472-25-005221
**Filing Date:** 2025-12
**Character Count:** 67774
**Document Hash:** adf2b1d3b045a794a77b4833654ad39f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005221.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000910472-25-005221

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STERLING CAPITAL FUNDS
- **CENTRAL INDEX KEY:** 0000889284

**ORGANIZATION NAME:**
- **EIN:** 043331055
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06719
- **FILM NUMBER:** 251537321

**BUSINESS ADDRESS:**
- **STREET 1:** 434 FAYETTEVILLE ST
- **STREET 2:** SUITE 500
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27601
- **BUSINESS PHONE:** 8002281872

**MAIL ADDRESS:**
- **STREET 1:** 434 FAYETTEVILLE ST
- **STREET 2:** SUITE 500
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T FUNDS /
- **DATE OF NAME CHANGE:** 20010419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T MUTUAL FUNDS GROUP
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### STERLING CAPITAL SHORT DURATION BOND FUND (Series ID: S000003547)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000009857 | INSTITUTIONAL CLASS | BBSGX           |
| C000009858 | A CLASS             | BSGAX           |
| C000112497 | C Shares            | BBSCX           |
| C000225245 | R6 Shares           | SHTRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Sterling Capital Funds

- **b. Investment Company Act file number:** 811-06719

- **c. CIK number of Registrant:** 0000889284

- **d. LEI of Registrant:** 54930017VPAACVI5ZX74

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

  - **Street Address 1:** 434 Fayetteville St

  - **City:** Raleigh

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27601

  - **Telephone number:** 800-228-1872

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

- **a. Name of Series:** Sterling Capital Short Duration Bond Fund

- **b. EDGAR series identifier (if any):** S000003547

- **c. LEI of Series:** 549300P0GHWWG707JA78

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $41183551.32

**Total Liabilities:** $639030.14

**Net Assets:** $40544521.18

**Cash Not Reported:** $17112.61

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 30.70579727 | **1-Year:** 4118.08896204 | **5-Year:** 2515.67065435 | **10-Year:** 676.73744033 | **30-Year:** 0.00000000

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

- **3-Month:** 38.01355490 | **1-Year:** 149.64614448 | **5-Year:** 29.62029480 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009858 | -1.85%               | -1.16%               | -1.62%               |
| Class ID C000112497 | -0.92%               | -0.21%               | -0.70%               |
| Class ID C000009857 | 0.16%                | 0.75%                | 0.50%                |
| Class ID C000225245 | 0.05%                | 0.88%                | 0.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $31787.97                | $-133649.90                                |
| Month 2  | $58756.36                | $128743.57                                 |
| Month 3  | $34535.63                | $-17854.84                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Wells Fargo & Co.                                                                   | Wells Fargo & Co                                                                | CUSIP: 95000U3G6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    375000 | PA      | $397185.94    | 0.98%             | 2029-10-23      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Sierra Timeshare 2013-1 Receivables Funding LLC                                     | Sierra Timeshare Receivables Funding LLC SRFC 2024-3A A                         | CUSIP: 82653BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    135280 | PA      | $136030.89    | 0.34%             | 2041-08-20      | Fixed         | 4.83%                 | Yes           |                  2 | On Loan: No      |
| Americredit Automobile Receivables Trust 2018-3                                     | Americredit Automobile Receivables Trust                                        | CUSIP: 03066TAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240000 | PA      | $238240.34    | 0.59%             | 2027-09-20      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc.                                                                | Delta Air Lines Inc 4.95 07/10/28                                               | CUSIP: 247361A24<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151820.41    | 0.37%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Trust                                                        | Chase Home Lending Mortgage Trust                                               | CUSIP: 16159GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    558982 | PA      | $506960.19    | 1.25%             | 2049-08-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| LCM 33 Ltd / LCM 33 LLC                                                             | LCM 33 Ltd                                                                      | CUSIP: 50202CAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    417000 | PA      | $417675.54    | 1.03%             | 2034-07-20      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Chicago Board of Trade                                                              | CBOT 2 Year US Treasury Note Future 2025-12-31                                  | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |        11 | NS      | $-1631.98     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ELP COMMERCIAL MTG TR 2021-ELP                                                      | ELP Commercial Mortgage Trust                                                   | CUSIP: 26863LAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    391240 | PA      | $390751.03    | 0.96%             | 2038-11-15      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| CubeSmart LP                                                                        | CubeSmart LP 2 1/4 12/15/28                                                     | CUSIP: 22966RAH9<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |    325000 | PA      | $306044.05    | 0.75%             | 2028-12-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc.                                                                         | Fiserv, Inc.                                                                    | CUSIP: 337738BJ6<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    292000 | PA      | $295811.06    | 0.73%             | 2027-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JPMCC Commercial Mortgage Securities Trust 2015-Jp1                                 | JPMCC Commercial Mortgage Securities Trust                                      | CUSIP: 46647TAS7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    225000 | PA      | $222832.26    | 0.55%             | 2050-03-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Sammons Financial Group Inc                                                         | Sammons Financial Group Global Funding 5.05 01/10/28                            | CUSIP: 79587J2B8<br>LEI: 254900SHCOQLVJ21CT59 | Long             | DBT              | CORP              | US        |     96000 | PA      | $97625.71     | 0.24%             | 2028-01-10      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Earthstone Energy Holdings LLC                                                      | Permian Resources Operating LLC                                                 | CUSIP: 27034RAA1<br>LEI: 549300HGVO86L8G72J25 | Long             | DBT              | CORP              | US        |    333000 | PA      | $338172.18    | 0.83%             | 2027-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                              | Motorola Solutions Inc 4.6 02/23/28                                             | CUSIP: 620076BL2<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303120.99    | 0.75%             | 2028-02-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Manufacturers & Traders Trust Co.                                                   | Manufacturers & Traders Trust Co 4.762 07/06/28                                 | CUSIP: 564760CC8<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252408.24    | 0.62%             | 2028-07-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| BX CML MTG TR 2021-CIP                                                              | BX Commercial Mortgage Trust                                                    | CUSIP: 12434FAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    287204 | PA      | $287024.63    | 0.71%             | 2038-12-15      | Floating      | 5.54%                 | Yes           |                  2 | On Loan: No      |
| BMO 2023-5C1 MORTGAGE TRUST                                                         | BMO 2023-5C1 Mortgage Trust                                                     | CUSIP: 055986AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    228000 | PA      | $241587.57    | 0.60%             | 2056-08-15      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                    | Freddie Mac REMICS                                                              | CUSIP: 3137FJ5G0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    185729 | PA      | $183645.50    | 0.45%             | 2047-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Comm 2017-Panw Mortgage Trust                                                       | COMM Mortgage Trust                                                             | CUSIP: 12595EAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $156773.02    | 0.39%             | 2050-09-10      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Point Au Roche Park Clo Ltd.                                                        | Point Au Roche Park CLO Ltd                                                     | CUSIP: 73052VAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    420000 | PA      | $420462.00    | 1.04%             | 2034-07-20      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                                                       | Starwood Property Trust, Inc.                                                   | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    489000 | PA      | $483396.89    | 1.19%             | 2026-07-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| GA Global Funding Trust                                                             | GA Global Funding Trust                                                         | CUSIP: 36143L2N4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    345000 | PA      | $345698.61    | 0.85%             | 2027-09-23      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                       | OneMain Finance Corp                                                            | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    248000 | PA      | $242376.01    | 0.60%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CLINTON S C PUB FACS CORP                                                           | SMB Private Education Loan Trust 2021-B                                         | CUSIP: 78449YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    401191 | PA      | $376999.18    | 0.93%             | 2051-07-17      | Fixed         | 1.31%                 | Yes           |                  2 | On Loan: No      |
| Allegany Park Clo Ltd.                                                              | Allegany Park CLO Ltd                                                           | CUSIP: 017154AU9<br>LEI: 549300D5KL0IVFLIND32 | Long             | ABS-CBDO         | CORP              | US        |    369000 | PA      | $369166.05    | 0.91%             | 2035-01-20      | Variable      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| PENFED AUTO RECEIVABLES OWNER TRUST 2025-A                                          | PenFed Auto Receivables Owner Trust 2025-A                                      | CUSIP: 706916AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    270000 | PA      | $269755.49    | 0.67%             | 2030-07-15      | Fixed         | 4.03%                 | Yes           |                  2 | On Loan: No      |
| Howmet Aerospace Inc                                                                | Howmet Aerospace Inc                                                            | CUSIP: 022249AU0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    250000 | PA      | $264512.62    | 0.65%             | 2028-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                          | ONEOK Inc 5.625 01/15/28                                                        | CUSIP: 682680CM3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    275000 | PA      | $280972.14    | 0.69%             | 2028-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                               | Fannie Mae REMICS                                                               | CUSIP: 3136AFEC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      6881 | PA      | $6823.90      | 0.02%             | 2042-08-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Mars Inc.                                                                           | Mars, Inc. 4.6 03/01/28                                                         | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    337000 | PA      | $341121.18    | 0.84%             | 2028-03-01      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| Meritage Homes Corp                                                                 | Meritage Homes Corp.                                                            | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    335000 | PA      | $337892.78    | 0.83%             | 2027-06-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                        | Hess Midstream Operations LP                                                    | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $309400.50    | 0.76%             | 2029-06-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Reinsurance Group of America, Incorporated                                          | Reinsurance Group of America, Inc.                                              | CUSIP: 759351802<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EP               | CORP              | US        |      7700 | NS      | $191422.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                               | Fannie Mae REMICS                                                               | CUSIP: 3136ADTK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    271154 | PA      | $263715.10    | 0.65%             | 2043-02-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc 4.643 05/07/28                                                    | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    325000 | PA      | $327247.69    | 0.81%             | 2028-05-07      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co.                                                      | Hewlett Packard Enterprise Co 4.05 09/15/27                                     | CUSIP: 42824CCB3<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299442.78    | 0.74%             | 2027-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp.                                                                     | Starbucks Corp 4.5 05/15/28                                                     | CUSIP: 855244BN8<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    292000 | PA      | $294871.90    | 0.73%             | 2028-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK5 2023-5YR4                                                                     | BANK5 2023-5YR4                                                                 | CUSIP: 06211FBA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $106917.58    | 0.26%             | 2056-12-15      | Variable      | 7.27%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CU0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    247000 | PA      | $250681.85    | 0.62%             | 2028-02-12      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                            | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RKW3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $298925.82    | 0.74%             | 2030-02-20      | Fixed         | 4.17%                 | Yes           |                  2 | On Loan: No      |
| CSAIL 2017-C8 Commercial Mortgage Trust                                             | CSAIL 2015-C3 Commercial Mortgage Trust                                         | CUSIP: 12635FAT1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       938 | PA      | $935.56       | 0.00%             | 2048-08-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Nordea Bank ABP                                                                     | Nordea Bank Abp 4.375 03/17/28 144A                                             | CUSIP: 65558RAL3<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | US        |    325000 | PA      | $328396.97    | 0.81%             | 2028-03-17      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                               | Civitas Resources Inc                                                           | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    198000 | PA      | $205236.70    | 0.51%             | 2028-07-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| TRICON RESIDENTAL TR 2025-SFR1                                                      | Tricon Residential 2025-SFR1 Trust                                              | CUSIP: 895974AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    526280 | PA      | $527287.19    | 1.30%             | 2042-03-17      | Floating      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Georgia Power Company                                                               | Georgia Power Co 4 10/01/28                                                     | CUSIP: 373334LC3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99998.19     | 0.25%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund                                                   | Golub Capital Private Credit Fund 5.45 08/15/28                                 | CUSIP: 38179RAE5<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    157000 | PA      | $157819.68    | 0.39%             | 2028-08-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Corebridge Global Funding                                                           | Corebridge Global Funding 4 1/4 08/21/28                                        | CUSIP: 00138CBG2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    162000 | PA      | $162069.57    | 0.40%             | 2028-08-21      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                                 | Georgia-Pacific LLC                                                             | CUSIP: 37331NAR2<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85726.42     | 0.21%             | 2028-06-30      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                                   | LPL Holdings Inc                                                                | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71319.73     | 0.18%             | 2027-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Blackstone Secured Lending Fund                                                     | Blackstone Secured Lending Fund                                                 | CUSIP: 09261XAH5<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    400000 | PA      | $409872.88    | 1.01%             | 2027-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                            | American Express Co.                                                            | CUSIP: 025816DP1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    396000 | PA      | $401314.29    | 0.99%             | 2028-02-16      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia                                                                 | Bank of Nova Scotia/The                                                         | CUSIP: 06418GAL1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | US        |    350000 | PA      | $351817.78    | 0.87%             | 2028-09-08      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                  | Ladder Capital Finance Holdings LLLP Ladder Capital Finance Corp                | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $322129.71    | 0.79%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227276.17    | 0.56%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc 4.125 04/28/28                                  | CUSIP: 718172DR7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    295000 | PA      | $295528.62    | 0.73%             | 2028-04-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MVW 2024-2 LLC                                                                      | MVW 2024-2 LLC                                                                  | CUSIP: 55389QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    425572 | PA      | $425472.48    | 1.05%             | 2042-03-20      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| FirstEnergy Corp.                                                                   | FirstEnergy Corp                                                                | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    400000 | PA      | $397546.87    | 0.98%             | 2027-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Onemain Direct Auto Receivables Tst                                                 | OneMain Direct Auto Receivables Trust                                           | CUSIP: 682685AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    392000 | PA      | $395368.38    | 0.98%             | 2029-11-14      | Fixed         | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2025-2                                       | Santander Drive Auto Receivables Trust 2025-2                                   | CUSIP: 80287NAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $454251.06    | 1.12%             | 2031-05-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                                                    | Wheels Fleet Lease Funding 1 LLC                                                | CUSIP: 96328GCK1<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $502709.75    | 1.24%             | 2040-05-18      | Fixed         | 4.41%                 | Yes           |                  2 | On Loan: No      |
| F&G Global Funding                                                                  | F&G Global Funding                                                              | CUSIP: 30321L2G6<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |    400000 | PA      | $410300.72    | 1.01%             | 2027-06-10      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Ameren Corp.                                                                        | Ameren Corp.                                                                    | CUSIP: 023608AL6<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    390000 | PA      | $377988.20    | 0.93%             | 2027-03-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| SBL Holdings Inc.                                                                   | SBL Holdings, Inc.                                                              | CUSIP: 78432MAA3<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |    439000 | PA      | $442621.87    | 1.09%             | 2026-11-13      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| SMR MORTGAGE TRUST 2022-IND                                                         | SMR Mortgage Trust                                                              | CUSIP: 78458MAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    261884 | PA      | $261776.53    | 0.65%             | 2039-02-15      | Floating      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| ARI Fleet Lease Tr                                                                  | ARI Fleet Lease Trust                                                           | CUSIP: 04033GAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    178058 | PA      | $179569.19    | 0.44%             | 2032-07-15      | Fixed         | 6.05%                 | Yes           |                  2 | On Loan: No      |
| Onemain Direct Auto Receivables Tst                                                 | OneMain Direct Auto Receivables Trust                                           | CUSIP: 68267EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75043 | PA      | $74979.99     | 0.18%             | 2027-09-14      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| Americredit Automobile Receivables Trust 2018-3                                     | AmeriCredit Automobile Receivables Trust                                        | CUSIP: 03065WAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    545000 | PA      | $548839.47    | 1.35%             | 2028-04-18      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Woodside Finance Ltd.                                                               | Woodside Finance Ltd 4.9 05/19/28                                               | CUSIP: 980236AX1<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | US        |    327000 | PA      | $331064.87    | 0.82%             | 2028-05-19      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MAGNETITE XXXI LTD                                                                  | Magnetite XXXI Ltd                                                              | CUSIP: 55952FAA6<br>LEI: 549300J3BCFSIZAJJW77 | Long             | ABS-CBDO         | CORP              | US        |    275000 | PA      | $275365.75    | 0.68%             | 2034-07-15      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER) | AerCap Ireland Capital DAC                                                      | CUSIP: 00774MAW5<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | US        |    425000 | PA      | $409569.31    | 1.01%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                                          | Ares Strategic Income Fund 5.45 09/09/28                                        | CUSIP: 04020EAL1<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    139000 | PA      | $140084.25    | 0.35%             | 2028-09-09      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS Group AG                                                                    | CUSIP: 225401BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299289.37    | 0.74%             | 2029-12-23      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| Standard Chartered PLC                                                              | Standard Chartered PLC 5.545 01/21/29                                           | CUSIP: 85325C2D3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204867.39    | 0.51%             | 2029-01-21      | Fixed         | 5.54%                 | Yes           |                  2 | On Loan: No      |
| Acadian Asset Management Inc                                                        | Brightsphere Investment Group Inc                                               | CUSIP: 10948WAA1<br>LEI: 5493004FTLQNQTBOP608 | Long             | DBT              | CORP              | US        |    411000 | PA      | $409598.12    | 1.01%             | 2026-07-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                                        | Synopsys, Inc. 4.65 04/01/28                                                    | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    312000 | PA      | $315492.02    | 0.78%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BANK5 2023-5YR3                                                                     | BANK5                                                                           | CUSIP: 06211EAP6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $107348.21    | 0.26%             | 2056-09-15      | Variable      | 7.56%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                        | Broadcom Inc                                                                    | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    220000 | PA      | $223799.90    | 0.55%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Prime Securities Services Borrower, LLC and Prime Finance, Inc.                     | Prime Security Services Borrower LLC/ Prime Finance, Inc.                       | CUSIP: 74166MAC0<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |     76000 | PA      | $76311.22     | 0.19%             | 2026-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Danske Bank A/S                                                                     | Danske Bank A/S                                                                 | CUSIP: 23636ABG5<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    300000 | PA      | $305110.61    | 0.75%             | 2028-03-01      | Fixed         | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Dryden 53 Clo Ltd                                                                   | Dryden 53 CLO Ltd                                                               | CUSIP: 26243EAR2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    550000 | PA      | $550566.50    | 1.36%             | 2031-01-15      | Variable      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                                          | Ares Strategic Income Fund 4.85 01/15/29                                        | CUSIP: 04020EAP2<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296886.32    | 0.73%             | 2029-01-15      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| Sierra Timeshare 2013-1 Receivables Funding LLC                                     | Sierra Timeshare 2024-2 Receivables Funding LLC                                 | CUSIP: 82650DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    246339 | PA      | $248757.09    | 0.61%             | 2041-06-20      | Fixed         | 5.14%                 | Yes           |                  2 | On Loan: No      |
| HILTON GRAND VACATIONS 2024-3                                                       | Hilton Grand Vacations Trust 2024-3                                             | CUSIP: 43283NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    309213 | PA      | $312245.34    | 0.77%             | 2040-08-27      | Fixed         | 4.98%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 41 Ltd.                                          | Neuberger Berman Loan Advisers CLO 41 Ltd.                                      | CUSIP: 64134BAJ9<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | US        |    414000 | PA      | $414442.98    | 1.02%             | 2034-04-15      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                            | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    497000 | PA      | $507855.08    | 1.25%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                                            | John Deere Capital Corp 4 1/4 06/05/28                                          | CUSIP: 24422EYD5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    246000 | PA      | $248031.11    | 0.61%             | 2028-06-05      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Skymiles IP Ltd. & Delta Air Lines Inc.                                             | Delta Air Lines Inc / SkyMiles IP Ltd                                           | CUSIP: 830867AB3<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301686.90    | 0.74%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Mattel, Inc.                                                                        | Mattel Inc                                                                      | CUSIP: 577081BF8<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291219.10    | 0.72%             | 2029-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| The Boeing Company                                                                  | The Boeing Co 6.259 05/01/27                                                    | CUSIP: 097023DP7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    365000 | PA      | $375554.95    | 0.93%             | 2027-05-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp                                                                  | PFS Financing Corp                                                              | CUSIP: 69335PFJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $509249.30    | 1.26%             | 2029-04-16      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| APA Corp.                                                                           | APA Corp 4 7/8 11/15/27                                                         | CUSIP: 03743QAW8<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    340000 | PA      | $340697.65    | 0.84%             | 2027-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CSAIL 2017-Cx10 Commercial Mortgage Trust                                           | CSAIL Commercial Mortgage Trus CSAIL 2016-C7 A5                                 | CUSIP: 12637UAW9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $148541.37    | 0.37%             | 2049-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                               | Entergy Louisiana LLC 3 1/4 04/01/28                                            | CUSIP: 29364WAW8<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344293.04    | 0.85%             | 2028-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RGA Global Funding                                                                  | RGA Global Funding 4.35 08/25/28                                                | CUSIP: 76209PAH6<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    415000 | PA      | $415424.68    | 1.02%             | 2028-08-25      | Fixed         | 4.35%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                  | BX Trust                                                                        | CUSIP: 12434EAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    364337 | PA      | $363881.42    | 0.90%             | 2036-11-15      | Floating      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| BANK5 2024-5YR5                                                                     | BANK5 2024-5YR5                                                                 | CUSIP: 065931BG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $208686.82    | 0.51%             | 2029-02-15      | Variable      | 6.27%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                                 | Dominion Energy Inc 4.6 05/15/28                                                | CUSIP: 25746UDY2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    281000 | PA      | $283827.17    | 0.70%             | 2028-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| HINNT 2025-A LLC                                                                    | HINNT 2025-A LLC                                                                | CUSIP: 433403AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    310089 | PA      | $313382.82    | 0.77%             | 2044-03-15      | Fixed         | 5.01%                 | Yes           |                  2 | On Loan: No      |
| Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC     | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    227500 | PA      | $228361.05    | 0.56%             | 2028-03-20      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Athene Global Funding                                                               | Athene Global Funding                                                           | CUSIP: 04685A3X7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    425000 | PA      | $432953.22    | 1.07%             | 2027-07-09      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| BENCHMARK 2023-V2 MORTGAGE TRUST                                                    | Benchmark 2023-V2 Mortgage Trust                                                | CUSIP: 08163TAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $77521.57     | 0.19%             | 2055-05-15      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| NAVIENT REFINANCE LOAN TRUST                                                        | Navient Refinance Loan Trust                                                    | CUSIP: 63943FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    358536 | PA      | $362854.69    | 0.89%             | 2055-02-16      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                        | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAW1<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | US        |    113000 | PA      | $114134.46    | 0.28%             | 2028-01-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK N Y                                                                        | City of New York NY 4.67 02/01/2028                                             | CUSIP: 64966SMU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $96570.20     | 0.24%             | 2028-02-01      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                                         | Hertz Vehicle Financing III LP                                                  | CUSIP: 42806MAE9<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    588000 | PA      | $573134.77    | 1.41%             | 2027-12-27      | Fixed         | 1.68%                 | Yes           |                  2 | On Loan: No      |
| LXP Industrial Trust                                                                | LXP Industrial Trust                                                            | CUSIP: 529043AF8<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |    256000 | PA      | $272121.51    | 0.67%             | 2028-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                 | NextEra Energy Capital Holdings Inc 4.685 09/01/27                              | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    184000 | PA      | $186000.91    | 0.46%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank Of America Merrill Lynch Trust 2016-C32                         | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31 A5                  | CUSIP: 61766RAZ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    357000 | PA      | $351737.78    | 0.87%             | 2049-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp                                                       | Element Fleet Management Corp.                                                  | CUSIP: 286181AM4<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |    339000 | PA      | $345393.12    | 0.85%             | 2027-03-13      | Fixed         | 5.64%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                               | Fannie Mae REMICS                                                               | CUSIP: 3136AUG39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    163871 | PA      | $160551.84    | 0.40%             | 2043-02-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                                     | Sumitomo Mitsui Trust Bank Ltd 4.45 09/10/27                                    | CUSIP: 86563VBT5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | US        |    350000 | PA      | $352544.42    | 0.87%             | 2027-09-10      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp 4.979 01/24/29                                             | CUSIP: 06051GMK2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    450000 | PA      | $458317.85    | 1.13%             | 2029-01-24      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp.                                                  | Dell International LLC / EMC Corp 4.15 02/15/29                                 | CUSIP: 24703DBR1<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299282.09    | 0.74%             | 2029-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                      | Blackstone Private Credit Fund                                                  | CUSIP: 09261HAK3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    371000 | PA      | $363917.07    | 0.90%             | 2027-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                        | United States Treasury Note/Bond 1 07/31/28                                     | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    840000 | PA      | $780970.31    | 1.93%             | 2028-07-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2019-E                                    | Navient Private Education Refi Loan Trust 2021-F                                | CUSIP: 63942GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    423398 | PA      | $377593.59    | 0.93%             | 2070-02-18      | Fixed         | 1.11%                 | Yes           |                  2 | On Loan: No      |
| Duke Energy Corp                                                                    | Duke Energy Corp.                                                               | CUSIP: 26441CCB9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    380000 | PA      | $383689.97    | 0.95%             | 2027-01-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                  | BX Commercial Mortgage Trust                                                    | CUSIP: 05609QAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     78016 | PA      | $78002.28     | 0.19%             | 2038-11-15      | Floating      | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Federated Hermes Money Market Obligations Trust                                     | Federated Hermes Treasury Oligations Fund                                       | CUSIP: 31423R500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    474554 | PA      | $474553.79    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AFFIRM MASTER TRUST                                                                 | Affirm Master Trust                                                             | CUSIP: 00833BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    424000 | PA      | $427393.70    | 1.05%             | 2033-02-15      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                  | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    528000 | PA      | $539823.21    | 1.33%             | 2028-04-13      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| MGM Resorts International                                                           | MGM Resorts International                                                       | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     99000 | PA      | $99641.22     | 0.25%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                               | Fannie Mae REMICS                                                               | CUSIP: 3136AQER7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      6599 | PA      | $6574.25      | 0.02%             | 2043-03-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Cd 2016-Cd2 Mortga                                                                  | CD 2016-CD2 Mortgage Trust                                                      | CUSIP: 12515ABE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    415092 | PA      | $403830.55    | 1.00%             | 2049-11-10      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc.                                                                         | Ecolab Inc 4.3 06/15/28                                                         | CUSIP: 278865BQ2<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85677.56     | 0.21%             | 2028-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                            | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RKL7<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    220000 | PA      | $222843.04    | 0.55%             | 2029-08-20      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| CD 2017 Cd3 Mortgage Trust                                                          | CD 2017-CD3 Mortgage Trust                                                      | CUSIP: 12515GAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    410000 | PA      | $397991.02    | 0.98%             | 2050-02-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp.                                                   | Blue Owl Technology Finance Corp 6.1 03/15/28                                   | CUSIP: 095924AA4<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    268000 | PA      | $271445.73    | 0.67%             | 2028-03-15      | Fixed         | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                               | Fannie Mae Pool FN 995716                                                       | CUSIP: 31416CDV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    282064 | PA      | $290409.20    | 0.72%             | 2036-07-01      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corporation                                                          | Sprint Capital Corporation                                                      | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    300000 | PA      | $322802.75    | 0.80%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO 7 Ltd / Llc                                       | Goldentree Loan Management US Clo 7 Ltd                                         | CUSIP: 38138LAW8<br>LEI: 549300DO8S88M0JNL340 | Long             | ABS-CBDO         | CORP              | US        |    290000 | PA      | $290139.20    | 0.72%             | 2034-04-20      | Variable      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Lockheed Martin Corporation                                                         | Lockheed Martin Corp 4.15 08/15/28                                              | CUSIP: 539830CK3<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    253000 | PA      | $254577.82    | 0.63%             | 2028-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                        | Barclays PLC 4.837 09/10/28                                                     | CUSIP: 06738ECT0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |    339000 | PA      | $342429.86    | 0.84%             | 2028-09-10      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Ares XLIV CLO Ltd.                                                                  | ARES XLIV CLO Ltd                                                               | CUSIP: 04016NBH5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    420000 | PA      | $420840.00    | 1.04%             | 2034-04-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| SBL Holdings Inc.                                                                   | SBL Holdings Inc 5.9 09/26/28                                                   | CUSIP: 78397DAE8<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |    280000 | PA      | $281168.11    | 0.69%             | 2028-09-26      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Zoetis Inc.                                                                         | Zoetis, Inc. 4.15 08/17/28                                                      | CUSIP: 98978VAW3<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    281000 | PA      | $281972.79    | 0.70%             | 2028-08-17      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2023-V3 MORTGAGE TRUST                                                    | Benchmark 2023-V3 Mortgage Trust                                                | CUSIP: 08163VAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $419329.44    | 1.03%             | 2056-07-15      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Sterling Capital Funds

**Signature:** Todd Miller

**Name of Signer:** Todd Miller

**Title:** Treasurer