# EDGAR Filing Document

**Accession Number:** 0001418144
**File Stem:** 0001418144-26-000296
**Filing Date:** 2026-6
**Character Count:** 160724
**Document Hash:** f58523ee78eec9a3567d305e2ffcd216
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001418144-26-000296.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0001418144-26-000296

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST
- **CENTRAL INDEX KEY:** 0001418144

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22148
- **FILM NUMBER:** 261130329

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Powershares Actively Managed Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20071109

## Series and Classes Contracts Data

### Invesco Variable Rate Investment Grade ETF (Series ID: S000051678)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000162616 | Invesco Variable Rate Investment Grade ETF | VRIG            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Actively Managed Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22148

- **c. CIK number of Registrant:** 0001418144

- **d. LEI of Registrant:** 549300S7YWBLZ3UGI217

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco Variable Rate Investment Grade ETF

- **b. EDGAR series identifier (if any):** S000051678

- **c. LEI of Series:** 549300J21GX50YC4UV93

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

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

- **b. Date as of which information is reported:** 2026-04-30

**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:** $1519789764.29

**Total Liabilities:** $38356676.13

**Net Assets:** $1481433088.16

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -7358.35229289 | **1-Year:** -89989.19258434 | **5-Year:** -107525.41368271 | **10-Year:** -31160.44550545 | **30-Year:** -5802.09488991

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

- **3-Month:** -158.22762822 | **1-Year:** -1830.19356550 | **5-Year:** -3652.90500939 | **10-Year:** -2021.54260386 | **30-Year:** -69.81447409

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000162616 | 0.27%                | 0.17%                | 0.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-31041.20               | $-520816.66                                |
| Month 2  | $77628.73                | $-3251791.54                               |
| Month 3  | $-23044.61               | $1069287.13                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WaMu Mortgage Pass-Through Ctfs. Trust                 | WaMu Mortgage Pass-Through Ctfs. Trust, Series 2004-AR3, Class A2                | CUSIP: 92922FNJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     33794 | PA      | $32340.78     | 0.00%             | 2034-06-25      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                  | Westlake Automobile Receivables Trust, Series 2023-4A, Class C                   | CUSIP: 96041AAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3029091.60   | 0.20%             | 2028-11-15      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                       | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505BL6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   7500000 | PA      | $7525535.18   | 0.51%             | 2030-09-03      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| CPS Auto Receivables Trust                             | CPS Auto Receivables Trust, Series 2023-D, Class C                               | CUSIP: 12598VAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2898154 | PA      | $2921766.65   | 0.20%             | 2030-01-15      | Fixed         | 7.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA4, Class M1                                          | CUSIP: 35564KWS4<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | USGSE             | US        |   2273801 | PA      | $2288417.92   | 0.15%             | 2042-05-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co. of New York, Inc.              | Consolidated Edison Co. of New York, Inc.                                        | CUSIP: 209111GL1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |   1324000 | PA      | $1323100.46   | 0.09%             | 2027-11-18      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-HQA1, Class M1                                          | CUSIP: 35564NGZ0<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | USGSE             | US        |   5279654 | PA      | $5282787.65   | 0.36%             | 2045-02-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                      | Wells Fargo & Co.                                                                | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3796084.88   | 0.26%             | 2029-04-23      | Floating      | 5.02%                 | No            |                  2 | On Loan: —       |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A4M0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2995417.62   | 0.20%             | 2028-03-06      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                          | Citibank N.A.                                                                    | CUSIP: 17325FBD9<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75295.52     | 0.01%             | 2026-12-04      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank, Ltd.                       | Sumitomo Mitsui Trust Bank, Ltd.                                                 | CUSIP: 86563VBW8<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    125000 | PA      | $125842.50    | 0.01%             | 2027-09-10      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                         | Morgan Stanley                                                                   | CUSIP: 61747YFW0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3539775.65   | 0.24%             | 2029-04-12      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA2, Class M1                                          | CUSIP: 35564KRE1<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | USGSE             | US        |    578350 | PA      | $578569.02    | 0.04%             | 2042-02-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2021-DNA5, Class M2                                          | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | USGSE             | US        |    737691 | PA      | $739602.89    | 0.05%             | 2034-01-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                   | Banco Santander S.A.                                                             | CUSIP: 05964HBC8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   1200000 | PA      | $1206274.72   | 0.08%             | 2028-03-14      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| CPS Auto Receivables Trust                             | CPS Auto Receivables Trust, Series 2024-D, Class C                               | CUSIP: 22411JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1558000 | PA      | $1560800.04   | 0.11%             | 2031-01-15      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-HQA2, Class M1                                          | CUSIP: 35564NDZ3<br>LEI: 5299002OYNAPMJKK2A73 | Long             | ABS-MBS          | USGSE             | US        |   6147529 | PA      | $6153148.52   | 0.42%             | 2044-08-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| SREIT Trust                                            | SREIT Trust, Series 2021-PALM, Class C                                           | CUSIP: 85237AAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1317000 | PA      | $1317093.24   | 0.09%             | 2034-10-15      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                      | HSBC Holdings PLC                                                                | CUSIP: 404280FN4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   7500000 | PA      | $7527773.03   | 0.51%             | 2032-03-10      | Floating      | 4.87%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                            | Freddie Mac, Series 2024-HQA1, Class M2                                          | CUSIP: 35564NCA9<br>LEI: 529900PGKDI4ZEXFQ523 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $3023197.80   | 0.20%             | 2044-03-25      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel                     | Banque Federative du Credit Mutuel                                               | CUSIP: 06675DCP5<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   5000000 | PA      | $5044987.10   | 0.34%             | 2030-01-22      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                                      | Sonic Capital LLC, Series 2020-1A, Class A2I                                     | CUSIP: 83546DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2655483 | PA      | $2633292.27   | 0.18%             | 2050-01-20      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-DNA3, Class M2                                          | CUSIP: 35564NFA6<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | USGSE             | US        |    301872 | PA      | $301978.72    | 0.02%             | 2044-10-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R03, Class 2M2             | CUSIP: 20754VAC1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1012907.90   | 0.07%             | 2045-03-25      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                  | Mission Lane Credit Card Master Trust, Series 2026-A, Class A                    | CUSIP: 60510MCG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5380000 | PA      | $5385043.75   | 0.36%             | 2032-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 31288QYM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2162073 | PA      | $2261489.53   | 0.15%             | 2047-11-01      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-DNA2, Class A1                                          | CUSIP: 35564NHY2<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-MBS          | USGSE             | US        |    904750 | PA      | $908154.76    | 0.06%             | 2045-05-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Floating Rate Notes                      | U.S. Treasury Floating Rate Notes                                                | CUSIP: 91282CMJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  83100000 | PA      | $83127997.22  | 5.61%             | 2027-01-31      | Floating      | 3.74%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PET9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5212818.21   | 0.35%             | 2029-01-24      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                         | ING Groep N.V.                                                                   | CUSIP: 456837BJ1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   6575000 | PA      | $6598844.43   | 0.45%             | 2027-09-11      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R06, Class 1A1             | CUSIP: 20754YAA9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3972068 | PA      | $3976435.73   | 0.27%             | 2045-09-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R07, Class 1M1             | CUSIP: 20754MBZ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    820020 | PA      | $832000.66    | 0.06%             | 2042-06-25      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                         | Citigroup Inc.                                                                   | CUSIP: 17327CAX1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3274000 | PA      | $3278773.36   | 0.22%             | 2029-03-04      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                     | General Motors Financial Co., Inc.                                               | CUSIP: 37045XES1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6529535.16   | 0.44%             | 2027-05-08      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| MED Commercial Mortgage Trust 2024-MOB                 | MED Commercial Mortgage Trust 2024-MOB, Series 2024-MOB, Class A                 | CUSIP: 55287BAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4936235.50   | 0.33%             | 2041-05-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                   | Banco Santander S.A.                                                             | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   5000000 | PA      | $5022254.20   | 0.34%             | 2028-07-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| BX Trust                                               | BX Trust, Series 2021-LGCY, Class B                                              | CUSIP: 12434DAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3630000 | PA      | $3629291.06   | 0.24%             | 2036-10-15      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                         | Citigroup Inc.                                                                   | CUSIP: 172967NH0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   6077000 | PA      | $6109740.32   | 0.41%             | 2028-02-24      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2020-INV1, Class A11                                           | CUSIP: 67113CAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    153618 | PA      | $150483.46    | 0.01%             | 2049-12-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137ATEJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    104213 | PA      | $103545.27    | 0.01%             | 2041-06-15      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA6, Class M1                                          | CUSIP: 35564KH36<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | USGSE             | US        |    566758 | PA      | $568040.07    | 0.04%             | 2042-09-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                   | Banco Santander S.A.                                                             | CUSIP: 05971KAU3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   6200000 | PA      | $6203601.52   | 0.42%             | 2029-04-15      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A3W9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   6775000 | PA      | $6775723.37   | 0.46%             | 2026-05-08      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2024-R04, Class 1M1             | CUSIP: 20753GAB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    280100 | PA      | $280123.14    | 0.02%             | 2044-05-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-DNA1, Class M1                                          | CUSIP: 35564KP37<br>LEI: 5493000IRILHAKSCHN59 | Long             | ABS-MBS          | USGSE             | US        |   7440612 | PA      | $7528878.76   | 0.51%             | 2043-03-25      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2024-A, Class A1B                       | CUSIP: 831943AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7642934 | PA      | $7702746.22   | 0.52%             | 2056-03-15      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank (The)                         | Huntington National Bank (The)                                                   | CUSIP: 44644MAL5<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   3103000 | PA      | $3104775.51   | 0.21%             | 2028-04-12      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA3, Class M2                                          | CUSIP: 35564NAA1<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | USGSE             | US        |   6000000 | PA      | $6238944.00   | 0.42%             | 2043-11-25      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R04, Class 1M1             | CUSIP: 20755TAB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6304105 | PA      | $6310866.64   | 0.43%             | 2045-05-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4262522.41   | 0.29%             | 2027-09-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA2, Class M1                                          | CUSIP: 35564K2G3<br>LEI: 5493000KIGZAWUOW4E32 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2567298.50   | 0.17%             | 2043-06-25      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Floating Rate Notes                      | U.S. Treasury Floating Rate Notes                                                | CUSIP: 91282CPX3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17000000 | PA      | $17002661.69  | 1.15%             | 2028-01-31      | Floating      | 3.74%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 06051GKH1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1691915.48   | 0.11%             | 2028-02-04      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust A             | Ford Credit Floorplan Master Owner Trust A, Series 2023-1, Class A2              | CUSIP: 34528QHW7<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2500897.50   | 0.17%             | 2028-05-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-DNA4, Class A1                                          | CUSIP: 35564UBQ9<br>LEI: 529900ZVQVVVNGMGDO97 | Long             | ABS-MBS          | USGSE             | US        |   1964625 | PA      | $1966356.03   | 0.13%             | 2045-10-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HHEL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   7662030 | PA      | $7733156.74   | 0.52%             | 2054-11-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                      | Wells Fargo & Co.                                                                | CUSIP: 95000U3M3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7075000 | PA      | $7107587.24   | 0.48%             | 2028-04-22      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BUS35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   3373042 | PA      | $3415125.86   | 0.23%             | 2054-07-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R02, Class 1M2             | CUSIP: 20755AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    700000 | PA      | $724625.58    | 0.05%             | 2043-01-25      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                               | Lloyds Banking Group PLC                                                         | CUSIP: 539439BB4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $125653.76    | 0.01%             | 2028-11-26      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                              | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAR8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   5625000 | PA      | $5635721.08   | 0.38%             | 2029-02-14      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers VII Ltd.                   | Textainer Marine Containers VII Ltd., Series 2020-1A, Class A                    | CUSIP: 88315LAE8<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |   1336665 | PA      | $1289601.56   | 0.09%             | 2045-08-21      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607L8D8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $251305.49    | 0.02%             | 2027-06-28      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                         | Pacific Life Global Funding II                                                   | CUSIP: 6944PL2V0<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   2265000 | PA      | $2270354.12   | 0.15%             | 2026-07-28      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136B0GG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    123035 | PA      | $121840.07    | 0.01%             | 2047-12-25      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC               | Volkswagen Group of America Finance, LLC                                         | CUSIP: 928668CJ9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   6700000 | PA      | $6711420.55   | 0.45%             | 2026-08-14      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                         | Citigroup Inc.                                                                   | CUSIP: 172967QB0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   8990000 | PA      | $9144012.19   | 0.62%             | 2031-05-07      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                | Daimler Truck Finance North America LLC                                          | CUSIP: 233853BB5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4005638.28   | 0.27%             | 2028-01-13      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R04, Class 1M2             | CUSIP: 20753YCK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4510000 | PA      | $4587803.81   | 0.31%             | 2042-03-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF81, Class AS     | CUSIP: 3137FUZS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    514072 | PA      | $513513.89    | 0.03%             | 2027-06-25      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ADN4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3005528.13   | 0.20%             | 2028-01-07      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Credit Agricole S.A.                                   | Credit Agricole S.A.                                                             | CUSIP: 22535WAM9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     75000 | PA      | $75404.77     | 0.01%             | 2028-09-11      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp.                                      | NTT Finance Corp.                                                                | CUSIP: 62954WAR6<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   2333000 | PA      | $2349982.98   | 0.16%             | 2028-07-16      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank N.V.                                     | ABN AMRO Bank N.V.                                                               | CUSIP: 00084DBB5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   7000000 | PA      | $7032771.83   | 0.47%             | 2027-09-18      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HKQD9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   4657996 | PA      | $4707650.39   | 0.32%             | 2055-04-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BULR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   5141449 | PA      | $5198128.73   | 0.35%             | 2055-01-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                  | Mission Lane Credit Card Master Trust, Series 2024-B, Class A                    | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3750000 | PA      | $3759124.50   | 0.25%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PJ21<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4021158.76   | 0.27%             | 2029-03-30      | Floating      | 4.68%                 | No            |                  2 | On Loan: —       |
| Bank of New York Mellon Corp. (The)                    | Bank of New York Mellon Corp. (The)                                              | CUSIP: 06406RBY2<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125186.36    | 0.01%             | 2028-07-21      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                 | Standard Chartered PLC                                                           | CUSIP: 853254CY4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $4041824.08   | 0.27%             | 2028-02-08      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| BX Trust                                               | BX Trust, Series 2025-VOLT, Class B                                              | CUSIP: 05619PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5540000 | PA      | $5544872.98   | 0.37%             | 2044-12-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance Trust                | Mello Mortgage Capital Acceptance Trust, Series 2021-INV2, Class A1              | CUSIP: 58549XBC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2495024 | PA      | $2337675.57   | 0.16%             | 2051-08-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF151, Class AS    | CUSIP: 3137H9QW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    732361 | PA      | $733203.22    | 0.05%             | 2032-12-25      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2021-DNA6, Class M2                                          | CUSIP: 35564KKY4<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-MBS          | USGSE             | US        |   4073195 | PA      | $4082732.28   | 0.28%             | 2041-10-25      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-DNA2, Class M1                                          | CUSIP: 35564NHZ9<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-MBS          | USGSE             | US        |   1224039 | PA      | $1224611.01   | 0.08%             | 2045-05-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R08, Class 1M1             | CUSIP: 20755CAA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1883842 | PA      | $1885956.53   | 0.13%             | 2043-10-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                              | Corebridge Global Funding                                                        | CUSIP: 00138CAW8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   4320000 | PA      | $4334171.59   | 0.29%             | 2026-09-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                    | GS Mortgage-Backed Securities Trust, Series 2025-HE2, Class A1                   | CUSIP: 362934AA9<br>LEI: 254900J0PZAB9KZBPX66 | Long             | ABS-MBS          | CORP              | US        |   7455845 | PA      | $7488942.58   | 0.51%             | 2065-12-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| SREIT Trust 2021-MFP2                                  | SREIT Trust 2021-MFP2, Series 2021-MFP2, Class B                                 | CUSIP: 85236WCG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    718000 | PA      | $717904.08    | 0.05%             | 2036-11-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Series 2025-R01          | Connecticut Avenue Securities Series 2025-R01, Series 2025-R01, Class 1A1        | CUSIP: 20755JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7619153 | PA      | $7626957.70   | 0.51%             | 2045-01-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Government National Mortgage Association, ARM                                    | CUSIP: 3622AC2R0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2165546 | PA      | $2209611.13   | 0.15%             | 2049-08-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31410KQS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    355657 | PA      | $368874.94    | 0.02%             | 2035-07-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2024-R05, Class 2M2             | CUSIP: 20754XAC7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7794945 | PA      | $7826760.32   | 0.53%             | 2044-07-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA3, Class A1                                          | CUSIP: 35564K3F4<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | USGSE             | US        |   6897567 | PA      | $6940375.81   | 0.47%             | 2043-11-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel                     | Banque Federative du Credit Mutuel                                               | CUSIP: 06675DCH3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |     75000 | PA      | $75365.86     | 0.01%             | 2027-01-23      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF158, Class AS    | CUSIP: 3137HADA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   4054812 | PA      | $4063065.27   | 0.27%             | 2033-07-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEF9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7530580.13   | 0.51%             | 2028-04-22      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Societe Generale                                       | Societe Generale                                                                 | CUSIP: 83368RCJ9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   4000000 | PA      | $4022488.48   | 0.27%             | 2029-05-22      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                       | Deutsche Bank AG                                                                 | CUSIP: 251526CN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   4050000 | PA      | $4056927.24   | 0.27%             | 2027-11-16      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BTME0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   3603276 | PA      | $3634276.95   | 0.25%             | 2054-10-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136AXP82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    359634 | PA      | $355131.25    | 0.02%             | 2047-09-25      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                      | HSBC Holdings PLC                                                                | CUSIP: 404280DY2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2500000 | PA      | $2507209.00   | 0.17%             | 2027-08-14      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                        | BRAVO Residential Funding Trust, Series 2025-NQM3, Class A1                      | CUSIP: 105927AC1<br>LEI: 254900KREJHICFBDC014 | Long             | ABS-MBS          | CORP              | US        |   4274087 | PA      | $4300784.48   | 0.29%             | 2065-03-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                              | Corebridge Global Funding                                                        | CUSIP: 00138CBE7<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6993804.51   | 0.47%             | 2028-01-07      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                           | Santander Holdings USA, Inc.                                                     | CUSIP: 80282KBP0<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7577317.35   | 0.51%             | 2029-03-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| GMF Floorplan Owner Revolving Trust                    | GMF Floorplan Owner Revolving Trust, Series 2023-1, Class A2                     | CUSIP: 361886CS1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4004290.40   | 0.27%             | 2028-06-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| MHPA Commercial Mortgage Trust                         | MHPA Commercial Mortgage Trust, Series 2021-STOR, Class B                        | CUSIP: 55293BAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2499213.75   | 0.17%             | 2038-07-15      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2019-EXP2, Class 2A2                                           | CUSIP: 67113KAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     73066 | PA      | $72643.96     | 0.00%             | 2059-06-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                              | Bank of Nova Scotia (The)                                                        | CUSIP: 06418GAD9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2500000 | PA      | $2550861.83   | 0.17%             | 2028-06-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Standard Chartered PLC                                 | Standard Chartered PLC                                                           | CUSIP: 853254DD9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $4020403.88   | 0.27%             | 2028-05-14      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 06051GMN6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200349.80    | 0.01%             | 2029-01-24      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2024-D, Class A1B                       | CUSIP: 83207QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3070537 | PA      | $3068868.82   | 0.21%             | 2053-07-15      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2025-HE1, Class A1                                             | CUSIP: 67121CAA4<br>LEI: 2549002GJHC7CO92J583 | Long             | ABS-MBS          | CORP              | US        |   2013186 | PA      | $2023171.41   | 0.14%             | 2055-02-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R05, Class 2A1             | CUSIP: 20753CAA8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2510657 | PA      | $2516895.21   | 0.17%             | 2045-07-25      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                       | Bank of Montreal                                                                 | CUSIP: 06368LC61<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3015913.86   | 0.20%             | 2026-12-11      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                           | Barclays PLC                                                                     | CUSIP: 06738ECQ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   6500000 | PA      | $6544757.38   | 0.44%             | 2028-03-12      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC               | Volkswagen Group of America Finance, LLC                                         | CUSIP: 928668CT7<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8029658.48   | 0.54%             | 2027-03-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-DNA2, Class A1                                          | CUSIP: 35564NCW1<br>LEI: 529900GRKKKHILZX4347 | Long             | ABS-MBS          | USGSE             | US        |   9599276 | PA      | $9642393.63   | 0.65%             | 2044-05-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ACZ8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4014394.52   | 0.27%             | 2027-03-19      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R01, Class 1M1             | CUSIP: 20754LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    236047 | PA      | $235968.86    | 0.02%             | 2041-12-25      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A4X6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7516476.08   | 0.51%             | 2027-04-19      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137BMSH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    269400 | PA      | $266902.82    | 0.02%             | 2040-09-15      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1228568.04   | 0.08%             | 2027-10-28      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA3, Class M1                                          | CUSIP: 35564KUX5<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-MBS          | USGSE             | US        |   9343000 | PA      | $9507205.09   | 0.64%             | 2042-04-25      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bank, N.A.                                 | Fifth Third Bank, N.A.                                                           | CUSIP: 31677QBV0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |   2634000 | PA      | $2634813.25   | 0.18%             | 2028-01-28      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                 | Standard Chartered PLC                                                           | CUSIP: 85325C2F8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   3500000 | PA      | $3514777.14   | 0.24%             | 2029-01-21      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                          | Citigroup Mortgage Loan Trust, Series 2024-1, Class A11                          | CUSIP: 17332CBX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2493247 | PA      | $2495945.98   | 0.17%             | 2054-07-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Student Loan Trust, Series 2021-1A, Class A1B                            | CUSIP: 63942NAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3538582 | PA      | $3502620.41   | 0.24%             | 2069-12-26      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                         | Citigroup Inc.                                                                   | CUSIP: 172967MZ1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    975000 | PA      | $975543.40    | 0.07%             | 2027-06-09      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings, Inc.                                  | PayPal Holdings, Inc.                                                            | CUSIP: 70450YAR4<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500961.21    | 0.03%             | 2028-03-06      | Floating      | 4.32%                 | No            |                  2 | On Loan: —       |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R06, Class 1M1             | CUSIP: 20754EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    923697 | PA      | $925900.07    | 0.06%             | 2043-07-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1308000 | PA      | $1316543.22   | 0.09%             | 2028-04-23      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2024-NQM5, Class A1                                            | CUSIP: 67448NAA6<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-MBS          | CORP              | US        |    481670 | PA      | $484884.50    | 0.03%             | 2064-01-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2024-R03, Class 2M1             | CUSIP: 207941AA3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1611808 | PA      | $1612082.89   | 0.11%             | 2044-03-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 06051GMU0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1510940.78   | 0.10%             | 2029-05-09      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| SREIT Trust 2021-MFP2                                  | SREIT Trust 2021-MFP2, Series 2021-MFP2, Class A                                 | CUSIP: 85236WCE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1530000 | PA      | $1529725.21   | 0.10%             | 2036-11-15      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                            | BNP Paribas                                                                      | CUSIP: 09659W3B8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   6250000 | PA      | $6294528.31   | 0.42%             | 2029-05-09      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31411KLT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    119141 | PA      | $122362.07    | 0.01%             | 2037-03-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2020-A, Class A2B                       | CUSIP: 78449UAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    456334 | PA      | $456286.59    | 0.03%             | 2037-09-15      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HDUN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   5413715 | PA      | $5460891.39   | 0.37%             | 2054-07-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A4B4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6006432.36   | 0.41%             | 2026-08-27      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 31288QQF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2066691 | PA      | $2155413.27   | 0.15%             | 2048-11-01      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.     | National Rural Utilities Cooperative Finance Corp.                               | CUSIP: 63743HFU1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4019172.76   | 0.27%             | 2027-09-16      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 3128S4JW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100750 | PA      | $103180.37    | 0.01%             | 2037-06-01      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-HQA1, Class A1                                          | CUSIP: 35564NGY3<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | USGSE             | US        |   8323125 | PA      | $8336705.01   | 0.56%             | 2045-02-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-DNA1, Class M1                                          | CUSIP: 35564KP45<br>LEI: 5493000IRILHAKSCHN59 | Long             | ABS-MBS          | USGSE             | US        |   7125000 | PA      | $7369435.95   | 0.50%             | 2043-03-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Societe Generale                                       | Societe Generale                                                                 | CUSIP: 83368RBU5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   5575000 | PA      | $5618114.37   | 0.38%             | 2028-01-19      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2026-R01, Class 2M1             | CUSIP: 20755BAB6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8727333 | PA      | $8732810.75   | 0.59%             | 2046-01-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R05, Class 1M2             | CUSIP: 207942AB9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1137464.90   | 0.08%             | 2043-06-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2024-R04, Class 1M2             | CUSIP: 20753GAC5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4628000 | PA      | $4644172.08   | 0.31%             | 2044-05-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Pinnacle West Capital Corp.                            | Pinnacle West Capital Corp.                                                      | CUSIP: 723484AL5<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200084.02    | 0.01%             | 2026-06-10      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BSLC7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   3794408 | PA      | $3830816.64   | 0.26%             | 2054-07-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                      | NatWest Group PLC                                                                | CUSIP: 639057AR9<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   3500000 | PA      | $3530727.41   | 0.24%             | 2028-11-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                       | Bank of Montreal                                                                 | CUSIP: 06368MJH8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $125287.41    | 0.01%             | 2029-01-27      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 31347AUU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    133652 | PA      | $139598.75    | 0.01%             | 2043-03-01      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                | CarMax Auto Owner Trust, Series 2024-1, Class C                                  | CUSIP: 14318WAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2029926.40   | 0.14%             | 2029-08-15      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2019-INV2                   | J.P. Morgan Mortgage Trust 2019-INV2, Series 2019-INV2, Class A1                 | CUSIP: 46651DAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    142298 | PA      | $140021.79    | 0.01%             | 2050-02-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R03, Class 2M1             | CUSIP: 20754VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3452444 | PA      | $3460130.54   | 0.23%             | 2045-03-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136AMED7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    282226 | PA      | $275463.64    | 0.02%             | 2045-01-25      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                               | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   3158000 | PA      | $3167520.30   | 0.21%             | 2027-08-07      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate Mortgage Trust            | Bear Stearns Adjustable Rate Mortgage Trust, Series 2003-8, Class 4A1            | CUSIP: 07384MZV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     88003 | PA      | $85441.67     | 0.01%             | 2034-01-25      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                     | General Motors Financial Co., Inc.                                               | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4002203.28   | 0.27%             | 2027-07-15      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Jackson National Life Global Funding                   | Jackson National Life Global Funding                                             | CUSIP: 46849CJN2<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5003941.50   | 0.34%             | 2028-01-14      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA1, Class M1                                          | CUSIP: 35564KX79<br>LEI: 5493000IRHY5YZIPQD14 | Long             | ABS-MBS          | USGSE             | US        |   2261038 | PA      | $2276837.20   | 0.15%             | 2043-05-25      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HJWF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   3271024 | PA      | $3283321.89   | 0.22%             | 2055-02-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) PLC                            | Rio Tinto Finance (USA) PLC                                                      | CUSIP: 76720AAY2<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   2716000 | PA      | $2726095.29   | 0.18%             | 2028-03-14      | Floating      | 4.49%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 59022CAA1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2706000 | PA      | $2710567.21   | 0.18%             | 2026-09-15      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R06, Class 1M2             | CUSIP: 20754EAB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5180000 | PA      | $5310837.48   | 0.36%             | 2043-07-25      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                               | Angel Oak Mortgage Trust, Series 2025-HB1, Class A1                              | CUSIP: 034936AA2<br>LEI: 254900ZFKOWCY24MSQ94 | Long             | ABS-MBS          | CORP              | US        |   1118915 | PA      | $1125147.33   | 0.08%             | 2055-02-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank N.V.                                     | ABN AMRO Bank N.V.                                                               | CUSIP: 00084DBE9<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   7600000 | PA      | $7619373.92   | 0.51%             | 2028-12-03      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R04, Class 1M1             | CUSIP: 20754QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8548014 | PA      | $8676608.22   | 0.59%             | 2043-05-25      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                      | Wells Fargo & Co.                                                                | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   5596000 | PA      | $5604693.83   | 0.38%             | 2028-01-24      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                    | GS Mortgage-Backed Securities Trust, Series 2024-HE2, Class A1                   | CUSIP: 36271AAA1<br>LEI: 254900W4Z6DJOVCWAH28 | Long             | ABS-MBS          | CORP              | US        |   4076354 | PA      | $4085056.99   | 0.28%             | 2055-01-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                           | MassMutual Global Funding II                                                     | CUSIP: 57629TBR7<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003586.08   | 0.07%             | 2027-01-29      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R05, Class 2M2             | CUSIP: 20754DAB3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8733000 | PA      | $8869561.41   | 0.60%             | 2042-04-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HFQP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   6137898 | PA      | $6187815.49   | 0.42%             | 2054-10-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                      | HSBC Holdings PLC                                                                | CUSIP: 404280EP0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5050222.40   | 0.34%             | 2030-11-19      | Floating      | 4.95%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                            | Freddie Mac, Series 2026-DNA2, Class M1                                          | CUSIP: 35564UDQ7<br>LEI: 529900S8M5IMFAIV8785 | Long             | ABS-MBS          | USGSE             | US        |   9832890 | PA      | $9851840.24   | 0.67%             | 2046-03-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HNVU9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   9366946 | PA      | $9416115.62   | 0.64%             | 2055-11-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-DNA4, Class M1                                          | CUSIP: 35564UBR7<br>LEI: 529900ZVQVVVNGMGDO97 | Long             | ABS-MBS          | USGSE             | US        |   2284493 | PA      | $2286634.67   | 0.15%             | 2045-10-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                 | Merrill Lynch Mortgage Investors Trust, Series 2005-A2, Class A5                 | CUSIP: 59020USM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29985 | PA      | $28871.12     | 0.00%             | 2035-02-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ADE4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   5225000 | PA      | $5245383.04   | 0.35%             | 2027-06-24      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U8C7<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3205616.51   | 0.22%             | 2028-05-26      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2019-B, Class A2B                       | CUSIP: 83192CAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    645721 | PA      | $646320.42    | 0.04%             | 2037-06-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U8D5<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5015833.30   | 0.34%             | 2028-07-14      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 3128S5MP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    164667 | PA      | $170469.09    | 0.01%             | 2038-11-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PCY0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3520315.51   | 0.24%             | 2028-02-24      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Standard Chartered Bank of New York                    | Standard Chartered Bank of New York                                              | CUSIP: 85325X2A3<br>LEI: RILFO74KP1CM8P6PCT96 | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $3002866.83   | 0.20%             | 2026-10-08      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A4T5<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7944735.28   | 0.54%             | 2028-09-18      | Floating      | 4.65%                 | No            |                  2 | On Loan: —       |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R05, Class 2M1             | CUSIP: 20753CAB6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8445353 | PA      | $8454535.81   | 0.57%             | 2045-07-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-DNA3, Class A1                                          | CUSIP: 35564NEY5<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | USGSE             | US        |    556250 | PA      | $557525.15    | 0.04%             | 2044-10-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2024-9, Class A11                             | CUSIP: 46593DAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1215353 | PA      | $1219026.85   | 0.08%             | 2055-02-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily Structured Pass Through Ctfs.  | Freddie Mac Multifamily Structured Pass Through Ctfs., Series KF65, Class A      | CUSIP: 3137FNAS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   1099843 | PA      | $1099442.15   | 0.07%             | 2029-07-25      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                   | Mitsubishi Ufj Financial Group, Inc.                                             | CUSIP: 606822DJ0<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   3625000 | PA      | $3703688.93   | 0.25%             | 2031-04-24      | Floating      | 5.13%                 | No            |                  2 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GYH1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3503109.19   | 0.24%             | 2027-09-10      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                                   | Macquarie Group Ltd.                                                             | CUSIP: 55607PAE5<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     75000 | PA      | $75141.20     | 0.01%             | 2027-09-23      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                            | Nationwide Building Society                                                      | CUSIP: 63861VAL1<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5014785.30   | 0.34%             | 2029-07-14      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ACW5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4726216.65   | 0.32%             | 2027-01-08      | Floating      | 5.15%                 | No            |                  2 | On Loan: —       |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2026-R03, Class 2M1             | CUSIP: 20754UAB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10500000 | PA      | $10559095.05  | 0.71%             | 2046-04-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                  | Athene Global Funding                                                            | CUSIP: 04685A3U3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5013980.10   | 0.34%             | 2027-03-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U7Z7<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250905.18    | 0.02%             | 2028-01-14      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                      | Chase Home Lending Mortgage Trust, Series 2025-1, Class A11                      | CUSIP: 16160TAX6<br>LEI: 529900UNQTJFSNGLF721 | Long             | ABS-MBS          | CORP              | US        |   3727921 | PA      | $3738097.85   | 0.25%             | 2055-11-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA4, Class M1                                          | CUSIP: 35564KWT2<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2557469.50   | 0.17%             | 2042-05-25      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-DNA1, Class A1                                          | CUSIP: 35564NAW3<br>LEI: 529900N6M839KA246662 | Long             | ABS-MBS          | USGSE             | US        |    922074 | PA      | $926432.39    | 0.06%             | 2044-02-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2019-INV3                   | J.P. Morgan Mortgage Trust 2019-INV3, Series 2019-INV3, Class A1                 | CUSIP: 46591LBC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     59074 | PA      | $58374.91     | 0.00%             | 2050-05-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                            | Nationwide Building Society                                                      | CUSIP: 63861VAG2<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $4021210.92   | 0.27%             | 2028-02-16      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Carmax Select Receivables Trust 2024-A                 | Carmax Select Receivables Trust 2024-A, Series 2024-A, Class C                   | CUSIP: 14319FAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1425069.38   | 0.10%             | 2030-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2021-HQA3, Class M1                                          | CUSIP: 35564KJG5<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-MBS          | USGSE             | US        |   4258334 | PA      | $4251289.77   | 0.29%             | 2041-09-25      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| Invesco Private Prime Fund                             | Invesco Private Prime Fund                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  12165206 | NS      | $12166422.52  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 3140JBWP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1612551 | PA      | $1677894.37   | 0.11%             | 2045-04-01      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R06, Class 1M1             | CUSIP: 20754YAB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4023330 | PA      | $4025168.94   | 0.27%             | 2045-09-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                   | BBCMS Mortgage Trust, Series 2019-BWAY, Class B                                  | CUSIP: 05492NAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3250000 | PA      | $153767.25    | 0.01%             | 2034-11-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PVR2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5007223.10   | 0.34%             | 2028-01-13      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2025-A                       | Nelnet Student Loan Trust 2025-A, Series 2025-AA, Class A1B                      | CUSIP: 64033XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1993221 | PA      | $1980752.36   | 0.13%             | 2057-03-15      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Societe Generale                                       | Societe Generale                                                                 | CUSIP: 83368RCA8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2000000 | PA      | $2009588.38   | 0.14%             | 2027-02-19      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                   | Glencore Funding LLC                                                             | CUSIP: 378272BX5<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   3214000 | PA      | $3218624.56   | 0.22%             | 2026-10-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                              | Ford Motor Credit Co. LLC                                                        | CUSIP: 345397F99<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   7625000 | PA      | $7634503.72   | 0.52%             | 2026-11-05      | Floating      | 5.12%                 | No            |                  2 | On Loan: —       |
| Glencore Funding LLC                                   | Glencore Funding LLC                                                             | CUSIP: 378272BW7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   6223000 | PA      | $6247411.65   | 0.42%             | 2027-04-04      | Floating      | 4.71%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                  | Bank of America Corp.                                                            | CUSIP: 06051GJV2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   7114000 | PA      | $7121747.86   | 0.48%             | 2027-07-22      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | Federal Home Loan Mortgage Corp., ARM                                            | CUSIP: 31288QZN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2022903 | PA      | $2101029.11   | 0.14%             | 2049-01-01      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-HQA1, Class M1                                          | CUSIP: 35564KTA7<br>LEI: 5493000IRODEKU3J3Q16 | Long             | ABS-MBS          | USGSE             | US        |   1992989 | PA      | $1994272.86   | 0.13%             | 2042-03-25      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137FDD66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   1949036 | PA      | $1903517.52   | 0.13%             | 2048-01-15      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R05, Class 1M1             | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    680037 | PA      | $684001.88    | 0.05%             | 2043-06-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2020-5                       | Nelnet Student Loan Trust 2020-5, Series 2020-5A, Class A                        | CUSIP: 64032VAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2725499 | PA      | $2732330.79   | 0.18%             | 2068-10-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.     | National Rural Utilities Cooperative Finance Corp.                               | CUSIP: 63743HFQ0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5011963.70   | 0.34%             | 2027-02-05      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA2, Class M1                                          | CUSIP: 35564K2F5<br>LEI: 5493000KIGZAWUOW4E32 | Long             | ABS-MBS          | USGSE             | US        |    214769 | PA      | $214988.87    | 0.01%             | 2043-06-25      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2019-6, Class A11                             | CUSIP: 46651BAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     35554 | PA      | $35024.37     | 0.00%             | 2049-12-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BURK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   3629931 | PA      | $3664470.41   | 0.25%             | 2055-02-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                             | Navient Student Loan Trust, Series 2021-2A, Class A1B                            | CUSIP: 63942QAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    944563 | PA      | $936745.90    | 0.06%             | 2070-02-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                   | American Express Co.                                                             | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4294000 | PA      | $4299738.37   | 0.29%             | 2027-07-28      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2026-R02, Class 1M1             | CUSIP: 20753EAC0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6553392 | PA      | $6557337.50   | 0.44%             | 2046-02-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R06, Class 1M1             | CUSIP: 20754NAB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4599364 | PA      | $4670377.60   | 0.32%             | 2042-05-25      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| SMRT                                                   | SMRT, Series 2022-MINI, Class B                                                  | CUSIP: 78457JAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4655000 | PA      | $4651830.41   | 0.31%             | 2039-01-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136ART24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |    160825 | PA      | $158851.77    | 0.01%             | 2046-05-25      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| F&G Global Funding                                     | F&G Global Funding                                                               | CUSIP: 30321L2L5<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7272126.78   | 0.49%             | 2028-09-08      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                       | OneMain Financial Issuance Trust, Series 2023-2A, Class A2                       | CUSIP: 68269HAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9000000 | PA      | $9056144.70   | 0.61%             | 2036-09-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Floating Rate Notes                      | U.S. Treasury Floating Rate Notes                                                | CUSIP: 91282CMX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  42100000 | PA      | $42147767.92  | 2.85%             | 2027-04-30      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA5, Class M1                                          | CUSIP: 35564KYN3<br>LEI: 5493000IS349P4O9HR58 | Long             | ABS-MBS          | USGSE             | US        |   4295598 | PA      | $4348472.71   | 0.29%             | 2042-06-25      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| CLI Funding VI LLC                                     | CLI Funding VI LLC, Series 2020-3A, Class A                                      | CUSIP: 12563LAS6<br>LEI: 549300NQLBWJD5AREU05 | Long             | ABS-O            | CORP              | US        |   1789490 | PA      | $1682484.77   | 0.11%             | 2045-10-18      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                     | State Street Corp.                                                               | CUSIP: 857477CE1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75093.59     | 0.01%             | 2026-08-03      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                      | Chase Home Lending Mortgage Trust, Series 2024-7, Class A11                      | CUSIP: 16159TAP6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2456960 | PA      | $2457947.36   | 0.17%             | 2055-06-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2023-A, Class A1B                       | CUSIP: 78450QAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2399473 | PA      | $2418578.92   | 0.16%             | 2053-01-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Nextgear Floorplan Master Owner Trust                  | Nextgear Floorplan Master Owner Trust, Series 2024-1A, Class A1                  | CUSIP: 65341KBY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4015936.80   | 0.27%             | 2029-03-15      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                           | Mizuho Financial Group, Inc.                                                     | CUSIP: 60687YDK2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   5000000 | PA      | $5023156.45   | 0.34%             | 2031-05-13      | Floating      | 4.75%                 | No            |                  2 | On Loan: —       |
| USB Realty Corp.                                       | USB Realty Corp.                                                                 | CUSIP: 903312AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1000822.90   | 0.07%             | N/A             | Variable      | 5.08%                 | No            |                  2 | On Loan: —       |
| Corebridge Global Funding                              | Corebridge Global Funding                                                        | CUSIP: 00138CBL1<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4998789.75   | 0.34%             | 2028-12-15      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                     | General Motors Financial Co., Inc.                                               | CUSIP: 37045XDQ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   7597000 | PA      | $7607745.80   | 0.51%             | 2027-02-26      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R05, Class 2M1             | CUSIP: 20754DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    119601 | PA      | $119640.06    | 0.01%             | 2042-04-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2025-HE2, Class A1                                             | CUSIP: 67121YAA6<br>LEI: 2549004JS8G77DOXE933 | Long             | ABS-MBS          | CORP              | US        |   7297623 | PA      | $7334599.66   | 0.50%             | 2055-08-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust                         | Adjustable Rate Mortgage Trust, Series 2004-2, Class 6A1                         | CUSIP: 007036BU9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2572 | PA      | $2562.47      | 0.00%             | 2035-02-25      | Variable      | 0.71%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2019-INV2, Class A11                                           | CUSIP: 67112VAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2218675 | PA      | $2189350.11   | 0.15%             | 2049-05-27      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2024-4  | Morgan Stanley Residential Mortgage Loan Trust 2024-4, Series 2024-4, Class AF   | CUSIP: 61777BBQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1613633 | PA      | $1616782.19   | 0.11%             | 2054-09-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                              | Morgan Stanley Bank, N.A.                                                        | CUSIP: 61690U7X2<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175643.76    | 0.01%             | 2026-10-30      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-HQA1, Class A1                                          | CUSIP: 35564NBW2<br>LEI: 529900PGKDI4ZEXFQ523 | Long             | ABS-MBS          | USGSE             | US        |   8695209 | PA      | $8728586.91   | 0.59%             | 2044-03-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust                          | Commonbond Student Loan Trust, Series 2018-AGS, Class A2                         | CUSIP: 20269DAB1<br>LEI: 5493005PJR3MYTKJFJ48 | Long             | ABS-O            | CORP              | US        |    131859 | PA      | $130859.45    | 0.01%             | 2044-02-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-HQA1, Class M1                                          | CUSIP: 35564NBX0<br>LEI: 529900PGKDI4ZEXFQ523 | Long             | ABS-MBS          | USGSE             | US        |    897170 | PA      | $897704.72    | 0.06%             | 2044-03-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-DNA2, Class M1                                          | CUSIP: 35564KT66<br>LEI: 5493000IRI80KQJUNK40 | Long             | ABS-MBS          | USGSE             | US        |   2700000 | PA      | $2807512.92   | 0.19%             | 2043-04-25      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R02, Class 2M2             | CUSIP: 20754BAB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3803954 | PA      | $3852361.59   | 0.26%             | 2042-01-25      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                | Hyundai Capital America                                                          | CUSIP: 44891ADS3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5016243.45   | 0.34%             | 2027-03-25      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| CONE Trust 2024-DFW1                                   | CONE Trust 2024-DFW1, Series 2024-DFW1, Class A                                  | CUSIP: 20682AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6370000 | PA      | $6372428.24   | 0.43%             | 2041-08-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Rate Mortgage Trust                                    | Rate Mortgage Trust, Series 2025-J3, Class A27                                   | CUSIP: 75410EBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4636305 | PA      | $4667787.24   | 0.32%             | 2055-11-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                           | Barclays PLC                                                                     | CUSIP: 06738ECM5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   2750000 | PA      | $2764635.36   | 0.19%             | 2027-09-13      | Floating      | 5.53%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                            | Freddie Mac, Series 2021-DNA7, Class M2                                          | CUSIP: 35564KMH9<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | USGSE             | US        |   1910527 | PA      | $1920011.62   | 0.13%             | 2041-11-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICs                                      | Fannie Mae REMICs                                                                | CUSIP: 3136BSP25<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-APCP         | USGSE             | US        |   5709700 | PA      | $5764609.44   | 0.39%             | 2054-09-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2014-3                       | Nelnet Student Loan Trust 2014-3, Series 2014-3A, Class A                        | CUSIP: 64033KAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    453535 | PA      | $449822.42    | 0.03%             | 2041-06-25      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| BPCE S.A.                                              | BPCE S.A.                                                                        | CUSIP: 05571AAP0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   6250000 | PA      | $6291829.25   | 0.42%             | 2027-10-19      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                            | Nationwide Building Society                                                      | CUSIP: 63861VAQ0<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5011148.75   | 0.34%             | 2030-09-30      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-DNA2, Class M1                                          | CUSIP: 35564KT58<br>LEI: 5493000IRI80KQJUNK40 | Long             | ABS-MBS          | USGSE             | US        |   7020826 | PA      | $7111268.46   | 0.48%             | 2043-04-25      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31407MSP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22313 | PA      | $23059.75     | 0.00%             | 2035-07-01      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2021-R03, Class 1M2             | CUSIP: 20754AAB9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9942468 | PA      | $9982651.13   | 0.67%             | 2041-12-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2023-C, Class A1B                       | CUSIP: 83207DAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1120568 | PA      | $1132875.36   | 0.08%             | 2052-11-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                         | ING Groep N.V.                                                                   | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   5000000 | PA      | $5016059.40   | 0.34%             | 2029-03-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Portfolio                  | Invesco Government & Agency Portfolio, Institutional Class                       | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |  27523618 | NS      | $27523618.45  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31405RF84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37334 | PA      | $38179.84     | 0.00%             | 2035-02-01      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| SHRN Trust 2025-MF18                                   | SHRN Trust 2025-MF18, Series 2025-MF18, Class A                                  | CUSIP: 82556AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1460000 | PA      | $1459962.92   | 0.10%             | 2040-10-15      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| BMW US Capital, LLC                                    | BMW US Capital, LLC                                                              | CUSIP: 05565ECT0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150670.50    | 0.01%             | 2027-08-13      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2022-DNA6, Class M1                                          | CUSIP: 35564KH44<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | USGSE             | US        |   2750000 | PA      | $2843690.85   | 0.19%             | 2042-09-25      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| MHP                                                    | MHP, Series 2021-STOR, Class C                                                   | CUSIP: 55293BAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4353000 | PA      | $4351818.16   | 0.29%             | 2038-07-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co.                                      | Georgia Power Co.                                                                | CUSIP: 373334KZ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |   3679000 | PA      | $3675365.15   | 0.25%             | 2026-09-15      | Floating      | 3.93%                 | No            |                  2 | On Loan: —       |
| Keurig Dr Pepper Inc.                                  | Keurig Dr Pepper Inc.                                                            | CUSIP: 49271VAY6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6004984.44   | 0.41%             | 2026-11-15      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc.                                  | Keurig Dr Pepper Inc.                                                            | CUSIP: 49271VAS9<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5006264.95   | 0.34%             | 2027-03-15      | Floating      | 4.53%                 | No            |                  2 | On Loan: —       |
| General Motors Financial Co., Inc.                     | General Motors Financial Co., Inc.                                               | CUSIP: 37045XFF8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5015151.30   | 0.34%             | 2028-04-04      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R01, Class 1M2             | CUSIP: 207932AB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1225000 | PA      | $1276185.28   | 0.09%             | 2042-12-25      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R03, Class 2M2             | CUSIP: 20753AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4046476 | PA      | $4231885.53   | 0.29%             | 2043-04-25      | Floating      | 7.54%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                 | Merrill Lynch Mortgage Investors Trust, Series 2003-F, Class A1                  | CUSIP: 5899292M9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9270 | PA      | $9146.73      | 0.00%             | 2028-10-25      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PDZ6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1667000 | PA      | $1675784.54   | 0.11%             | 2028-01-23      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                   | American Express Co.                                                             | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4075000 | PA      | $4094644.11   | 0.28%             | 2028-07-26      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137BYKC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    293628 | PA      | $290144.61    | 0.02%             | 2038-09-15      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2022-C, Class A1B                       | CUSIP: 78449CAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2452054 | PA      | $2492262.18   | 0.17%             | 2050-05-16      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2023-HQA3, Class M1                                          | CUSIP: 35564K3G2<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | USGSE             | US        |   5842108 | PA      | $5875909.93   | 0.40%             | 2043-11-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust              | Navient Private Education Refi Loan Trust, Series 2019-D, Class A2B              | CUSIP: 63941CAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1208036 | PA      | $1209398.01   | 0.08%             | 2059-12-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GZS6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3536059.24   | 0.24%             | 2028-03-15      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R03, Class 1M2             | CUSIP: 20753XAB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7350000 | PA      | $7510854.02   | 0.51%             | 2042-03-25      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2025-DNA1, Class A1                                          | CUSIP: 35564NFY4<br>LEI: 529900WZAMS87JCAOC53 | Long             | ABS-MBS          | USGSE             | US        |   1225000 | PA      | $1226338.31   | 0.08%             | 2045-01-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Invesco Private Government Fund                        | Invesco Private Government Fund                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   4671205 | NS      | $4671205.13   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31410QDW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73725 | PA      | $75834.40     | 0.01%             | 2036-10-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| NatWest Markets PLC                                    | NatWest Markets PLC                                                              | CUSIP: 63906YAW8<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5024148.60   | 0.34%             | 2029-03-27      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                    | GS Mortgage-Backed Securities Trust, Series 2024-HE1, Class A1                   | CUSIP: 36270AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    825832 | PA      | $828421.56    | 0.06%             | 2054-08-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                           | BX Commercial Mortgage Trust, Series 2021-ACNT, Class B                          | CUSIP: 05609QAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2941001 | PA      | $2941535.55   | 0.20%             | 2038-11-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2022-R09, Class 2M1             | CUSIP: 20753DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7370659 | PA      | $7429065.04   | 0.50%             | 2042-09-25      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | Federal National Mortgage Association, ARM                                       | CUSIP: 31419ALN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38316 | PA      | $39090.65     | 0.00%             | 2037-11-01      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                    | GS Mortgage-Backed Securities Trust, Series 2025-HE1, Class A1                   | CUSIP: 36272NAA2<br>LEI: 254900RIVK2GCJ08H839 | Long             | ABS-MBS          | CORP              | US        |   2393640 | PA      | $2401387.57   | 0.16%             | 2055-10-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Floating Rate Notes                      | U.S. Treasury Floating Rate Notes                                                | CUSIP: 91282CPG0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  69250000 | PA      | $69361588.07  | 4.68%             | 2027-10-31      | Floating      | 3.83%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HHDJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   4726886 | PA      | $4748798.85   | 0.32%             | 2054-11-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                            | Freddie Mac, Series 2024-DNA2, Class M1                                          | CUSIP: 35564NCX9<br>LEI: 529900GRKKKHILZX4347 | Long             | ABS-MBS          | USGSE             | US        |   3642200 | PA      | $3644817.80   | 0.25%             | 2044-05-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R03, Class 2M1             | CUSIP: 20753ACJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8553396 | PA      | $8612483.08   | 0.58%             | 2043-04-25      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Arby's Funding, Llc                                    | Arby's Funding, Llc, Series 2020-1A, Class A2                                    | CUSIP: 038779AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1724625 | PA      | $1686539.59   | 0.11%             | 2050-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137F33L6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |    341176 | PA      | $335819.03    | 0.02%             | 2043-08-15      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R04, Class 1M2             | CUSIP: 20754QAB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4000000 | PA      | $4169281.20   | 0.28%             | 2043-05-25      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Cross 2024-H7 Mortgage Trust                           | Cross 2024-H7 Mortgage Trust, Series 2024-H7, Class A1                           | CUSIP: 22757CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3517123 | PA      | $3536565.25   | 0.24%             | 2069-11-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co.                         | Hewlett Packard Enterprise Co.                                                   | CUSIP: 42824CCF4<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6018410.10   | 0.41%             | 2028-03-23      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust                          | Commonbond Student Loan Trust, Series 2018-CGS, Class A2                         | CUSIP: 20267XAB9<br>LEI: 549300O1CSZVJJTIR319 | Long             | ABS-O            | CORP              | US        |    278894 | PA      | $276987.34    | 0.02%             | 2046-02-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2021-1, Class A11                             | CUSIP: 46592EBC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    516972 | PA      | $480854.66    | 0.03%             | 2051-06-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                           | Ford Credit Auto Lease Trust, Series 2024-B, Class B                             | CUSIP: 345279AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5037059.00   | 0.34%             | 2028-02-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                       | Deutsche Bank AG                                                                 | CUSIP: 251526DC0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6000000 | PA      | $6001843.20   | 0.41%             | 2031-08-04      | Floating      | 4.97%                 | No            |                  2 | On Loan: —       |
| HSBC Holdings PLC                                      | HSBC Holdings PLC                                                                | CUSIP: 404280ET2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   3636000 | PA      | $3647656.73   | 0.25%             | 2029-03-03      | Floating      | 4.69%                 | No            |                  2 | On Loan: —       |
| Toyota Motor Credit Corp.                              | Toyota Motor Credit Corp.                                                        | CUSIP: 89236TMA0<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75216.13     | 0.01%             | 2027-03-19      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2024-11, Class A11                            | CUSIP: 46659AAW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1720686 | PA      | $1726711.94   | 0.12%             | 2055-04-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2020-8, Class A11                             | CUSIP: 46652TBM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    163396 | PA      | $154559.29    | 0.01%             | 2051-03-25      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Floating Rate Notes                      | U.S. Treasury Floating Rate Notes                                                | CUSIP: 91282CNQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $40040616.80  | 2.70%             | 2027-07-31      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                            | Toronto-Dominion Bank (The)                                                      | CUSIP: 89115A2T8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1914000 | PA      | $1917510.16   | 0.13%             | 2026-07-17      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| SREIT Trust                                            | SREIT Trust, Series 2021-PALM, Class A                                           | CUSIP: 85237AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3015000 | PA      | $3014885.43   | 0.20%             | 2034-10-15      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2025-R02, Class 1M1             | CUSIP: 20754TAC6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2386474 | PA      | $2387962.97   | 0.16%             | 2045-02-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2021-A, Class A2A2                      | CUSIP: 78448YAK7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1948568 | PA      | $1934414.97   | 0.13%             | 2053-01-15      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                               | Angel Oak Mortgage Trust, Series 2025-5, Class A1                                | CUSIP: 03466EAA8<br>LEI: 254900QA46POYH7UR768 | Long             | ABS-MBS          | CORP              | US        |   3106310 | PA      | $3125345.53   | 0.21%             | 2070-04-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                     | LPL Holdings, Inc.                                                               | CUSIP: 50212YAN4<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1629000 | PA      | $1634180.35   | 0.11%             | 2028-04-03      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                               | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAY9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   4575000 | PA      | $4606668.42   | 0.31%             | 2028-01-05      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Edsouth Indenture No. 9 LLC                            | Edsouth Indenture No. 9 LLC, Series 2015-1, Class A                              | CUSIP: 281378AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    203725 | PA      | $203235.31    | 0.01%             | 2056-10-25      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| Structured Agency Credit Risk 2026-DNA1                | Structured Agency Credit Risk 2026-DNA1, Series 2026-DNA1, Class M1              | CUSIP: 35564UCR6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7862914 | PA      | $7860275.70   | 0.53%             | 2046-02-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                         | Morgan Stanley                                                                   | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7528359.98   | 0.51%             | 2028-04-13      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing III L.P.                       | Hertz Vehicle Financing III L.P., Series 2021-2A, Class C                        | CUSIP: 42806MAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2170000 | PA      | $2146630.40   | 0.14%             | 2027-12-27      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R07, Class 2M2             | CUSIP: 20753BAB8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2570738.75   | 0.17%             | 2043-09-25      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                           | MassMutual Global Funding II                                                     | CUSIP: 57629TBS5<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2507168.25   | 0.17%             | 2027-04-09      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                        | Goldman Sachs Group, Inc. (The)                                                  | CUSIP: 38141GYR9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125233.11    | 0.01%             | 2027-10-21      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2020-EXP1, Class 2A2                                           | CUSIP: 67448TBF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    154617 | PA      | $153696.13    | 0.01%             | 2060-02-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                                    | Hotwire Funding LLC, Series 2021-1, Class B                                      | CUSIP: 44148JAB5<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2963428.80   | 0.20%             | 2051-11-20      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                  | HPEFS Equipment Trust, Series 2023-2A, Class D                                   | CUSIP: 44328UAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1507983.90   | 0.10%             | 2031-07-21      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | Royal Bank of Canada                                                             | CUSIP: 78017FZU0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $200281.61    | 0.01%             | 2028-10-18      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                   | JPMorgan Chase & Co.                                                             | CUSIP: 46647PEM4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5016480.70   | 0.34%             | 2028-07-22      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| BX Trust                                               | BX Trust, Series 2024-VLT4, Class A                                              | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4990073.50   | 0.34%             | 2041-06-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2018-PHH, Class B | CUSIP: 46650FAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2385000 | PA      | $1282009.05   | 0.09%             | 2035-06-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2024-R03, Class 2M2             | CUSIP: 207941AB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4500000 | PA      | $4545397.80   | 0.31%             | 2044-03-25      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate Mortgage Trust            | Bear Stearns Adjustable Rate Mortgage Trust, Series 2003-7, Class 6A             | CUSIP: 07384MYW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     53498 | PA      | $52176.56     | 0.00%             | 2033-10-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| SREIT Trust                                            | SREIT Trust, Series 2021-PALM, Class B                                           | CUSIP: 85237AAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1110000 | PA      | $1110025.31   | 0.07%             | 2034-10-15      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2023-R07, Class 2M1             | CUSIP: 20753BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4639603 | PA      | $4648889.15   | 0.31%             | 2043-09-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2024-F, Class A1B                       | CUSIP: 83207VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5842102 | PA      | $5829687.44   | 0.39%             | 2054-03-16      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                             | J.P. Morgan Mortgage Trust, Series 2024-5, Class A11                             | CUSIP: 46658RAP3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2722201 | PA      | $2720862.55   | 0.18%             | 2054-11-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                              | Nelnet Student Loan Trust, Series 2021-A, Class A2                               | CUSIP: 64035DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5625000 | PA      | $5633086.50   | 0.38%             | 2062-04-20      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                       | Deutsche Bank AG                                                                 | CUSIP: 25160PAP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6597000 | PA      | $6625000.50   | 0.45%             | 2029-01-10      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                       | SMB Private Education Loan Trust, Series 2022-B, Class A1B                       | CUSIP: 83206NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2046601 | PA      | $2067116.41   | 0.14%             | 2055-02-16      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                              | OBX Trust, Series 2020-EXP3, Class 2A2                                           | CUSIP: 67448WBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    138658 | PA      | $138815.97    | 0.01%             | 2060-01-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HNPH5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   8498296 | PA      | $8542633.52   | 0.58%             | 2055-11-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                  | Bank of America Corp., Series N                                                  | CUSIP: 06051GMZ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7496557.95   | 0.51%             | 2030-04-23      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2020-LTV1                   | J.P. Morgan Mortgage Trust 2020-LTV1, Series 2020-LTV1, Class A1                 | CUSIP: 46591NBC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       755 | PA      | $754.74       | 0.00%             | 2050-06-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                   | Caterpillar Financial Services Corp.                                             | CUSIP: 14913UAM2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75134.33     | 0.01%             | 2027-05-14      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Societe Generale                                       | Societe Generale                                                                 | CUSIP: 83368RCM2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $3003656.55   | 0.20%             | 2030-04-12      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust                          | Commonbond Student Loan Trust, Series 2017-BGS, Class A2                         | CUSIP: 20268KAB6<br>LEI: 549300KDXV3I7WKXA522 | Long             | ABS-O            | CORP              | US        |     61754 | PA      | $61126.83     | 0.00%             | 2042-09-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                      | Chase Home Lending Mortgage Trust, Series 2024-6, Class A11                      | CUSIP: 161931AP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1954016 | PA      | $1953643.83   | 0.13%             | 2055-05-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue Securities               | Fannie Mae Connecticut Avenue Securities, Series 2024-R02, Class 1M2             | CUSIP: 20754GAE0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5521440 | PA      | $5561943.63   | 0.38%             | 2044-02-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                               | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   5475000 | PA      | $5486877.19   | 0.37%             | 2027-05-28      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICs                                     | Freddie Mac REMICs                                                               | CUSIP: 3137HKPK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-APCP         | USGSE             | US        |   6806910 | PA      | $6861573.68   | 0.46%             | 2055-04-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| U.S. Bank N.A.                                         | U.S. Bank N.A.                                                                   | CUSIP: 90331HPT4<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7529578.20   | 0.51%             | 2028-05-15      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-30

**Name of Applicant:** Invesco Actively Managed Exchange-Traded Fund Trust

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President