# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0000894189-25-013816
**Filing Date:** 2025-11
**Character Count:** 157919
**Document Hash:** 1401629d2b79b2c530a3440f2a73e29d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-013816.hdr.sgml**: 20251118

**ACCESSION NUMBER**: 0000894189-25-013816

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251118

**DATE AS OF CHANGE**: 20251118

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EA Series Trust
- **CENTRAL INDEX KEY:** 0001592900

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22961
- **FILM NUMBER:** 251493245

**BUSINESS ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073
- **BUSINESS PHONE:** 1.215.882.9983

**MAIL ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alpha Architect ETF Trust
- **DATE OF NAME CHANGE:** 20140428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Empowered Funds ETF Trust
- **DATE OF NAME CHANGE:** 20131125

## Series and Classes Contracts Data

### Strive Enhanced Income Short Maturity ETF (Series ID: S000080333)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000242671 | Strive Enhanced Income Short Maturity ETF | BUXX            |

## Nport-Ex

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **ASSET-BACKED SECURITIES - 29.3%** | **Par** | **Value**  |
| ACHV ABS Trust |  |  |
| Series 2023-1PL, Class D, 8.47%, 03/18/2030 <sup>(a)</sup> | $404318 | $407292 |
| Series 2023-3PL, Class D, 8.36%, 08/19/2030 <sup>(a)</sup> | 844854 | 856340 |
| Series 2024-1PL, Class A, 5.90%, 04/25/2031 <sup>(a)</sup> | 93297 | 93867 |
| Series 2024-1PL, Class C, 6.42%, 04/25/2031 <sup>(a)</sup> | 106988 | 108554 |
| Series 2024-1PL, Class D, 7.29%, 04/25/2031 <sup>(a)</sup> | 740332 | 754847 |
| Series 2024-2PL, Class B, 5.43%, 10/27/2031 <sup>(a)</sup> | 191931 | 193782 |
| Series 2024-2PL, Class C, 5.72%, 10/27/2031 <sup>(a)</sup> | 1806623 | 1824515 |
| Series 2024-3AL, Class C, 5.68%, 12/26/2031 <sup>(a)</sup> | 422671 | 427056 |
| Series 2024-3AL, Class D, 6.75%, 12/26/2031 <sup>(a)</sup> | 865874 | 879113 |
| Affirm, Inc., Series 2025-1A, Class B, 5.13%, 02/15/2033 <sup>(a)</sup> | 1000000 | 1007851 |
| American Credit Acceptance Receivables Trust |  |  |
| Series 2022-4, Class D, 8.00%, 02/15/2029 <sup>(a)</sup> | 890091 | 900440 |
| Series 2023-1, Class D, 6.35%, 04/12/2029 <sup>(a)</sup> | 1790000 | 1813845 |
| Series 2023-3, Class D, 6.82%, 10/12/2029 <sup>(a)</sup> | 3700000 | 3786356 |
| Series 2024-2, Class D, 6.53%, 04/12/2030 <sup>(a)</sup> | 1500000 | 1539107 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2024-1A, Class A, 6.46%, 04/17/2028 <sup>(a)</sup> | 291100 | 293383 |
| Avis Budget Car Rental LLC |  |  |
| Series 2020-2A, Class B, 2.96%, 02/20/2027 <sup>(a)</sup> | 500000 | 498209 |
| Series 2021-1A, Class A, 1.38%, 08/20/2027 <sup>(a)</sup> | 1207000 | 1184243 |
| Series 2021-1A, Class C, 2.13%, 08/20/2027 <sup>(a)</sup> | 570000 | 559404 |
| Series 2022-5A, Class B, 7.09%, 04/20/2027 <sup>(a)</sup> | 1000000 | 1008958 |
| BOF URSA Funding Trust, Series 2023-CAR2, Class A2, 5.54%, 10/27/2031 <sup>(a)</sup> | 320456 | 322395 |
| Cherry Securitization Trust, Series 2025-1A, Class A, 6.13%, 11/15/2032 <sup>(a)</sup> | 500000 | 508493 |
| COOPR Residential Mortgage Trust |  |  |
| Series 2025-CES1, Class A1A, 5.65%, 05/25/2060 <sup>(a)(b)</sup> | 473634 | 478400 |
| Series 2025-CES2, Class A1B, 5.60%, 06/25/2060 <sup>(a)(b)</sup> | 972664 | 987391 |
| DT Auto Owner Trust, Series 2022-2A, Class D, 5.46%, 03/15/2028 <sup>(a)</sup> | 1910168 | 1916223 |
| Exeter Automobile Receivables Trust |  |  |
| Series 2022-3A, Class D, 6.76%, 09/15/2028  | 800000 | 811024 |
| Series 2023-3A, Class D, 6.68%, 04/16/2029  | 1000000 | 1023608 |
| FHF Trust, Series 2023-2A, Class A2, 6.79%, 10/15/2029 <sup>(a)</sup> | 264324 | 266721 |
| FIGRE Trust 2023-HE1, Series 2024-SL1, Class A1, 5.75%, 07/25/2053 <sup>(a)(c)</sup> | 2590162 | 2650824 |
| FIGRE Trust 2024-HE3, Series 2024-HE3, Class A, 5.94%, 07/25/2054 <sup>(a)(c)</sup> | 1471289 | 1510245 |
| Flagship Credit Auto Trust |  |  |
| Series 2021-3, Class D, 1.65%, 09/15/2027 <sup>(a)</sup> | 78000 | 74826 |
| Series 2021-4, Class D, 2.26%, 12/15/2027 <sup>(a)</sup> | 116000 | 110056 |
| FREED ABS Trust |  |  |
| Series 2021-3FP, Class D, 2.37%, 11/20/2028 <sup>(a)</sup> | 11547 | 11533 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **ASSET-BACKED SECURITIES - 29.3% (CONTINUED)** | **Par** | **Value**  |
| Series 2022-3FP, Class D, 7.36%, 08/20/2029 <sup>(a)</sup> | $182012 | $183170 |
| Series 2022-4FP, Class D, 7.40%, 12/18/2029 <sup>(a)</sup> | 400287 | 402842 |
| Frontier Communications Parent, Inc., Series 2023-1, Class A2, 6.60%, 08/20/2053 <sup>(a)</sup> | 1000000 | 1016033 |
| GLS Auto Receivables Trust, Series 2022-3A, Class D, 6.42%, 06/15/2028 <sup>(a)</sup> | 2000000 | 2028062 |
| GS Mortgage-Backed Securities Trust, Series 2024-HE2, Class A1, 5.86% (30 day avg SOFR US + 1.50%), 01/25/2055 <sup>(a)</sup> | 1129023 | 1141475 |
| Hertz Corp., Series 2021-2A, Class C, 2.52%, 12/27/2027 <sup>(a)</sup> | 500000 | 486706 |
| Lendbuzz Securitization Trust, Series 2024-3A, Class A2, 4.97%, 10/15/2029 <sup>(a)</sup> | 414253 | 414719 |
| Lobel Automobile Receivables Trust |  |  |
| Series 2023-1, Class C, 8.31%, 10/16/2028 <sup>(a)</sup> | 195211 | 196413 |
| Series 2023-1, Class D, 8.00%, 03/15/2030 <sup>(a)</sup> | 1516000 | 1542852 |
| Marlette Funding Trust |  |  |
| Series 2022-3A, Class C, 6.89%, 11/15/2032 <sup>(a)</sup> | 303751 | 304516 |
| Series 2023-3A, Class C, 7.06%, 09/15/2033 <sup>(a)</sup> | 552675 | 556070 |
| Series 2023-3A, Class D, 8.04%, 09/15/2033 <sup>(a)</sup> | 1628000 | 1678951 |
| Octane Receivables Trust |  |  |
| Series 2022-2A, Class D, 7.70%, 02/20/2030 <sup>(a)</sup> | 1000000 | 1031066 |
| Series 2023-2A, Class A2, 5.88%, 06/20/2031 <sup>(a)</sup> | 35896 | 35573 |
| Oportun Financial Corp., Series 2024-2, Class A, 5.86%, 02/09/2032 <sup>(a)</sup> | 87604 | 87699 |
| Pagaya AI Debt Selection Trust |  |  |
| Series 2022-5, Class A, 8.10%, 06/17/2030 <sup>(a)</sup> | 1335 | 1336 |
| Series 2023-5, Class C, 9.10%, 04/15/2031 <sup>(a)</sup> | 161705 | 162359 |
| Series 2023-7, Class ABC, 8.80%, 07/15/2031 <sup>(a)(c)</sup> | 161554 | 162270 |
| Series 2023-7, Class C, 8.80%, 07/15/2031 <sup>(a)</sup> | 294010 | 296016 |
| Series 2023-8, Class A, 7.30%, 06/16/2031 <sup>(a)</sup> | 100 | 102 |
| Series 2023-8, Class B, 7.96%, 06/16/2031 <sup>(a)</sup> | 1575263 | 1611249 |
| Series 2023-8, Class C, 9.54%, 06/16/2031 <sup>(a)</sup> | 1431830 | 1473451 |
| Series 2024-1, Class B, 7.11%, 07/15/2031 <sup>(a)</sup> | 471322 | 475243 |
| Series 2024-1, Class C, 8.34%, 07/15/2031 <sup>(a)</sup> | 374538 | 379130 |
| Series 2024-10, Class C, 5.99%, 06/15/2032 <sup>(a)</sup> | 759948 | 765838 |
| Series 2024-11, Class B, 5.64%, 07/15/2032 <sup>(a)</sup> | 1481066 | 1492127 |
| Series 2024-2, Class B, 6.61%, 08/15/2031 <sup>(a)</sup> | 452573 | 456058 |
| Series 2024-3, Class A, 6.26%, 10/15/2031 <sup>(a)</sup> | 159869 | 160839 |
| Series 2024-3, Class B, 6.57%, 10/15/2031 <sup>(a)</sup> | 711535 | 716552 |
| Series 2024-5, Class B, 6.60%, 10/15/2031 <sup>(a)</sup> | 580802 | 586542 |
| Series 2024-8, Class C, 6.03%, 01/15/2032 <sup>(a)</sup> | 318784 | 321114 |
| Series 2024-8, Class D, 6.53%, 01/15/2032 <sup>(a)</sup> | 507498 | 512240 |
| Series 2024-9, Class D, 6.17%, 03/15/2032 <sup>(a)</sup> | 342585 | 345057 |
| Series 2025-1, Class B, 5.63%, 07/15/2032 <sup>(a)</sup> | 999915 | 1011501 |
| Series 2025-1, Class C, 5.87%, 07/15/2032 <sup>(a)</sup> | 499957 | 504438 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **ASSET-BACKED SECURITIES - 29.3% (CONTINUED)** | **Par** | **Value**  |
| Series 2025-3, Class A2, 5.37%, 12/15/2032 <sup>(a)</sup> | $499899 | $504403 |
| Series 2025-3, Class B, 6.06%, 12/15/2032 <sup>(a)</sup> | 499899 | 508486 |
| Series 2025-4, Class A2, 5.37%, 01/17/2033 <sup>(a)</sup> | 1500000 | 1512403 |
| Series 2025-4, Class B, 5.69%, 01/17/2033 <sup>(a)</sup> | 1000000 | 1015653 |
| Series 2025-4, Class C, 6.15%, 01/17/2033 <sup>(a)</sup> | 1000000 | 1017947 |
| Series 2025-6, Class A2, 4.50%, 04/15/2033 <sup>(a)</sup> | 1000000 | 1000766 |
| Series 2025-6, Class B, 4.88%, 04/15/2033 <sup>(a)</sup> | 1000000 | 999914 |
| Series 2025-R1, Class A2, 5.34%, 06/15/2032 <sup>(a)</sup> | 1000000 | 1009401 |
| Series 2025-R1, Class B, 5.71%, 06/15/2032 <sup>(a)</sup> | 1000000 | 1008187 |
| Pagaya Technologies Ltd. |  |  |
| Series 2025-1, Class A, 5.72%, 01/20/2034 <sup>(a)</sup> | 1750000 | 1771259 |
| Series 2025-1, Class C, 6.30%, 01/20/2034 <sup>(a)</sup> | 750000 | 759061 |
| Prestige Auto Receivables Trust, Series 2025-1A, Class B, 5.34%, 11/15/2028 <sup>(a)</sup> | 2000000 | 2016972 |
| Purchasing Power Funding, Series 2024-A, Class B, 6.43%, 08/15/2028 <sup>(a)</sup> | 400000 | 403669 |
| RCKT Mortgage Trust, Series 2025-CES7, Class A1B, 5.48%, 07/25/2055 <sup>(a)(b)</sup> | 977322 | 989454 |
| Reach Financial LLC, Series 2024-1A, Class B, 6.29%, <br>&nbsp;&nbsp;&nbsp;&nbsp;02/18/2031 <sup>(a)</sup> | 500000 | 504918 |
| Research-Driven Pagaya Motor Asset Trust |  |  |
| Series 2023-3A, Class A, 7.13%, 01/26/2032 <sup>(a)</sup> | 77838 | 77962 |
| Series 2023-4A, Class A, 7.54%, 03/25/2032 <sup>(a)</sup> | 90115 | 90505 |
| Series 2025-3A, Class A2, 5.15%, 02/27/2034 <sup>(a)</sup> | 2000000 | 2017521 |
| SAFCO Auto Receivables Trust |  |  |
| Series 2024-1A, Class B, 6.31%, 11/20/2028 <sup>(a)</sup> | 250000 | 250094 |
| Series 2025-1A, Class A, 5.46%, 09/10/2029 <sup>(a)</sup> | 1229605 | 1228043 |
| Saluda Grade Mortgage Funding LLC, Series 2023-FIG4, Class A, 6.72%, 11/25/2053 <sup>(a)(c)</sup> | 343369 | 351144 |
| Sotheby's Artfi Master Trust, Series 2024-1A, Class A1, 6.43%, 12/22/2031 <sup>(a)</sup> | 1312000 | 1320848 |
| Strike Acceptance Auto Funding Trust, Series 2025-1A, Class A, 5.84%, 04/15/2032 <sup>(a)</sup> | 706025 | 708587 |
| Theorem Funding Trust, Series 2022-2A, Class B, 9.27%, 12/15/2028 <sup>(a)</sup> | 1356571 | 1362965 |
| Towd Point Mortgage Trust |  |  |
| Series 2025-CES2, Class A2, 5.58%, 07/25/2065 <sup>(a)(b)</sup> | 500000 | 501552 |
| Series 2025-CRM1, Class A1, 5.80%, 01/25/2065 <sup>(a)(b)</sup> | 2630052 | 2677175 |
| Tricolor Auto Securitization Trust, Series 2024-3A, Class B, 5.36%, 09/15/2028 <sup>(a)</sup> | 2000000 | 1445455 |
| Upgrade Master Pass-Thru Trust, Series 2025-ST4, Class A, 5.50%, 08/16/2032 <sup>(a)</sup> | 928165 | 932561 |
| Upgrade Receivables Trust, Series 2024-1A, Class A, 5.37%, 02/18/2031 <sup>(a)</sup> | 156683 | 156255 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **ASSET-BACKED SECURITIES - 29.3% (CONTINUED)** | **Par** | **Value**  |
| Upstart Pass-Through Trust Series, Series 2022-ST3, Class A, 4.30%, 05/20/2030 <sup>(a)</sup> | $89570 | $89270 |
| Upstart Securitization Trust |  |  |
| Series 2021-2, Class C, 3.61%, 06/20/2031 <sup>(a)</sup> | 29774 | 29725 |
| Series 2024-1, Class A, 5.33%, 11/20/2034 <sup>(a)</sup> | 708733 | 711759 |
| Series 2025-1, Class A, 5.45%, 04/20/2035 <sup>(a)</sup> | 741647 | 747994 |
| Upstart Structured Pass-Through Trust, Series 2022-4A, Class B, 8.54%, 11/15/2030 <sup>(a)</sup> | 101545 | 101867 |
| Veros Automobile Receivables Trust |  |  |
| Series 2024-1, Class A, 6.28%, 11/15/2027 <sup>(a)</sup> | 215417 | 215538 |
| Series 2025-1, Class A, 5.31%, 09/15/2028 <sup>(a)</sup> | 394072 | 394208 |
| Vista Point Securitization Trust |  |  |
| Series 2024-CES2, Class A1, 5.25%, 10/25/2054 <sup>(a)(b)</sup> | 385792 | 387830 |
| Series 2024-CES2, Class A2, 5.66%, 10/25/2054 <sup>(a)(b)</sup> | 1000000 | 1004630 |
| Series 2024-CES3, Class A1, 5.68%, 01/25/2055 <sup>(a)(b)</sup> | 1736563 | 1759055 |
| Series 2025-CES1, Class A1, 5.81%, 04/25/2055 <sup>(a)(b)</sup> | 2670410 | 2713756 |
| Series 2025-CES2, Class A1, 5.60%, 08/25/2055 <sup>(a)(c)</sup> | 2464650 | 2481043 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $90,137,030) |  | 90128345 |
| **CORPORATE BONDS - 27.3%** |  |  |
| **<u>Communication Services</u> - 0.4%** |  |  |
| **Wireless Telecommunication Services - 0.4%** |  |  |
| Sprint LLC, 7.63%, 03/01/2026  | 1260000 | 1262845 |
| **<u>Consumer Discretionary</u> - 4.5%** |  |  |
| **Automotive - 1.0%** |  |  |
| Ford Motor Credit Co. LLC, 2.90%, 02/16/2028  | 1700000 | 1616487 |
| General Motors Financial Co., Inc., 2.40%, 04/10/2028  | 1550000 | 1479093 |
|  |  | 3095580 |
| **Automotive Parts & Equipment - 0.5%** |  |  |
| BorgWarner, Inc., 2.65%, 07/01/2027  | 1550000 | 1510457 |
| **Homebuilding - 0.9%** |  |  |
| Meritage Homes Corp., 5.13%, 06/06/2027  | 1200000 | 1210839 |
| Toll Brothers Finance Corp., 4.88%, 03/15/2027  | 1500000 | 1511516 |
|  |  | 2722355 |
| **Hotels, Resorts & Cruise Lines - 1.0%** |  |  |
| Carnival Corp., 4.00%, 08/01/2028 <sup>(a)</sup> | 1600000 | 1578161 |
| Royal Caribbean Cruises Ltd. |  |  |
| 4.25%, 07/01/2026 <sup>(a)</sup> | 1500000 | 1499186 |
| 5.50%, 04/01/2028 <sup>(a)</sup> | 100000 | 101966 |
|  |  | 3179313 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **CORPORATE BONDS - 27.3% (CONTINUED)** | **Par** | **Value**  |
| **Leisure Products - 0.5%** | | |
| Mattel, Inc., 3.38%, 04/01/2026 <sup>(a)</sup> | $1500000 | $1489478 |
| **Passenger Airlines - 0.6%** |  |  |
| United Airlines, Inc., 4.38%, 04/15/2026 <sup>(a)</sup> | 1700000 | 1698851 |
| **Total Consumer Discretionary** |  | 13696034 |
| **<u>Consumer Staples</u> - 0.6%** |  |  |
| **Packaged Foods & Meats - 0.6%** |  |  |
| Conagra Brands, Inc., 1.38%, 11/01/2027  | 1150000 | 1083536 |
| Kraft Heinz Foods Co., 3.00%, 06/01/2026  | 900000 | 892688 |
| **Total Consumer Staples** |  | 1976224 |
| **<u>Energy</u> - 2.8%** |  |  |
| **Integrated Oil & Gas - 0.5%** |  |  |
| Occidental Petroleum Corp., 3.20%, 08/15/2026  | 1500000 | 1484410 |
| **Oil & Gas Exploration & Production - 1.5%** |  |  |
| Continental Resources, Inc., 2.27%, 11/15/2026 <sup>(a)</sup> | 1550000 | 1511684 |
| EQT Corp. |  |  |
| 3.13%, 05/15/2026 <sup>(a)</sup> | 879000 | 871121 |
| 3.90%, 10/01/2027  | 671000 | 666822 |
| Ovintiv, Inc., 5.38%, 01/01/2026  | 1400000 | 1400269 |
|  |  | 4449896 |
| **Oil & Gas Storage & Transportation - 0.8%** |  |  |
| ONEOK, Inc. |  |  |
| 5.00%, 03/01/2026  | 1200000 | 1200729 |
| 4.85%, 07/15/2026  | 200000 | 200712 |
| Western Midstream Operating LP, 4.75%, 08/15/2028  | 1150000 | 1160075 |
|  |  | 2561516 |
| **Total Energy** |  | 8495822 |
| **<u>Financials</u> - 7.6%** |  |  |
| **Asset Management & Custody Banks - 0.3%** |  |  |
| Ares Capital Corp., 7.00%, 01/15/2027  | 950000 | 978170 |
| **Automotive Retail - 0.2%** |  |  |
| Penske Truck Leasing Co. LP / PTL Finance Corp., 5.75%, 05/24/2026 <sup>(a)</sup> | 625000 | 630058 |
| **Brokerage & Investment Management - 0.3%** |  |  |
| LPL Holdings, Inc., 5.70%, 05/20/2027  | 850000 | 866465 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **CORPORATE BONDS - 27.3% (CONTINUED)** | **Par** | **Value**  |
| **Commercial & Residential Mortgage Finance - 0.5%** | | |
| Radian Group, Inc., 4.88%, 03/15/2027  | $1550000 | $1554812 |
| **Consumer Finance - 0.1%** |  |  |
| Synchrony Bank, 5.63%, 08/23/2027  | 250000 | 255349 |
| **Diversified Banks - 3.5%** |  |  |
| Bank of America Corp., 4.45%, 03/03/2026  | 1300000 | 1300995 |
| Barclays PLC, 5.20%, 05/12/2026  | 1550000 | 1557639 |
| Capital One NA, 3.45%, 07/27/2026  | 1200000 | 1193055 |
| Citigroup, Inc., 4.60%, 03/09/2026  | 1550000 | 1552577 |
| Comerica, Inc., 3.80%, 07/22/2026  | 1550000 | 1541634 |
| Fifth Third Bank, Inc., 3.85%, 03/15/2026  | 1550000 | 1547324 |
| KeyBank NA/Cleveland OH, 3.40%, 05/20/2026  | 630000 | 626630 |
| Lloyds Banking Group PLC |  |  |
| 4.58%, 12/10/2025  | 700000 | 700175 |
| 4.65%, 03/24/2026  | 850000 | 850718 |
|  |  | 10870747 |
| **Diversified Financial Services - 0.1%** |  |  |
| Apollo Management Holdings LP, 4.40%, 05/27/2026 <sup>(a)</sup> | 370000 | 369735 |
| **Finance Companies - 1.3%** |  |  |
| Athene Global Funding, 5.62%, 05/08/2026 <sup>(a)</sup> | 700000 | 706085 |
| Avolon Holdings Funding Ltd. |  |  |
| 2.53%, 11/18/2027 <sup>(a)</sup> | 198000 | 190410 |
| 2.75%, 02/21/2028 <sup>(a)</sup> | 335000 | 321810 |
| 6.38%, 05/04/2028 <sup>(a)</sup> | 1100000 | 1147744 |
| Macquarie Airfinance Holdings Ltd., 5.20%, 03/27/2028 <sup>(a)</sup> | 1700000 | 1729465 |
|  |  | 4095514 |
| **Private Equity - 0.2%** |  |  |
| HAT Holdings I LLC / HAT Holdings II LLC, 3.38%, <br>&nbsp;&nbsp;&nbsp;&nbsp;06/15/2026 <sup>(a)</sup> | 747000 | 739867 |
| **Regional Banks - 0.1%** |  |  |
| Manufacturers & Traders Trust Co., 3.40%, 08/17/2027  | 250000 | 246379 |
| **Specialized REITs - 0.9%** |  |  |
| Host Hotels & Resorts LP, 4.50%, 02/01/2026  | 1050000 | 1048694 |
| VICI Properties LP / VICI Note Co., Inc. |  |  |
| 4.50%, 09/01/2026 <sup>(a)</sup> | 1455000 | 1455392 |
| 3.75%, 02/15/2027 <sup>(a)</sup> | 150000 | 148408 |
|  |  | 2652494 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **CORPORATE BONDS - 27.3% (CONTINUED)** | **Par** | **Value**  |
| **Transaction & Payment Processing Services - 0.1%** | | |
| Global Payments, Inc., 4.80%, 04/01/2026  | $200000 | $200237 |
| **Total Financials** |  | 23459827 |
| **<u>Health Care</u> - 0.4%** |  |  |
| **Health Care Providers & Services - 0.4%** |  |  |
| HCA, Inc., 5.20%, 06/01/2028  | 1150000 | 1177970 |
| **<u>Industrials</u> - 3.7%** |  |  |
| **Aerospace & Defense - 1.5%** |  |  |
| Boeing Co. |  |  |
| 2.75%, 02/01/2026  | 592000 | 588693 |
| 3.10%, 05/01/2026  | 958000 | 951754 |
| Hexcel Corp., 4.20%, 02/15/2027 <sup>(b)</sup> | 570000 | 567835 |
| Rolls-Royce PLC, 3.63%, 10/14/2025 <sup>(a)</sup> | 1250000 | 1249468 |
| Textron, Inc., 4.00%, 03/15/2026  | 1200000 | 1198657 |
|  |  | 4556407 |
| **Commercial Services - 0.5%** |  |  |
| Ashtead Capital, Inc., 1.50%, 08/12/2026 <sup>(a)</sup> | 1550000 | 1513845 |
| **Passenger Airlines - 0.5%** |  |  |
| Delta Air Lines, Inc. |  |  |
| 7.38%, 01/15/2026  | 1500000 | 1507290 |
| 4.95%, 07/10/2028  | 100000 | 101240 |
|  |  | 1608530 |
| **Trading Companies & Distributors - 1.2%** |  |  |
| Air Lease Corp., 1.88%, 08/15/2026  | 1600000 | 1567177 |
| Aircastle Ltd., 2.85%, 01/26/2028 <sup>(a)</sup> | 1550000 | 1495111 |
| GATX Corp. |  |  |
| 3.25%, 09/15/2026  | 450000 | 446644 |
| 3.50%, 03/15/2028  | 280000 | 275055 |
|  |  | 3783987 |
| **Total Industrials** |  | 11462769 |
| **<u>Information Technology</u> - 1.9%** |  |  |
| **Communications Equipment - 0.3%** |  |  |
| Juniper Networks, Inc., 1.20%, 12/10/2025  | 900000 | 893972 |
| **Electronic Manufacturing Services - 0.1%** |  |  |
| Flex Ltd., 3.75%, 02/01/2026  | 300000 | 298896 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **CORPORATE BONDS - 27.3% (CONTINUED)** | **Par** | **Value**  |
| **Technology Distributors - 1.0%** | | |
| Arrow Electronics, Inc. |  |  |
| 7.50%, 01/15/2027  | $500000 | $518337 |
| 3.88%, 01/12/2028  | 1050000 | 1038231 |
| Avnet, Inc. |  |  |
| 4.63%, 04/15/2026  | 1200000 | 1199133 |
| 6.25%, 03/15/2028  | 500000 | 520429 |
|  |  | 3276130 |
| **Technology Hardware, Storage & Peripherals - 0.5%** |  |  |
| Hewlett Packard Enterprise Co., 1.75%, 04/01/2026  | 1500000 | 1483060 |
| **Total Information Technology** |  | 5952058 |
| **<u>Materials</u> - 2.9%** |  |  |
| **Commodity Chemicals - 0.4%** |  |  |
| Cabot Corp., 3.40%, 09/15/2026  | 1200000 | 1189829 |
| **Fertilizers & Agricultural Chemicals - 0.5%** |  |  |
| FMC Corp., 3.20%, 10/01/2026  | 1550000 | 1533293 |
| **Metal, Glass & Plastic Containers - 0.9%** |  |  |
| Berry Global, Inc., 1.57%, 01/15/2026  | 1200000 | 1189777 |
| Silgan Holdings, Inc., 1.40%, 04/01/2026 <sup>(a)</sup> | 1650000 | 1624348 |
|  |  | 2814125 |
| **Packaging & Containers - 0.0%**<sup>(d)</sup> |  |  |
| Graphic Packaging International LLC, 1.51%, 04/15/2026 <sup>(a)</sup> | 108000 | 106255 |
| **Paper & Plastic Packaging Products & Materials - 0.5%** |  |  |
| Sealed Air Corp., 1.57%, 10/15/2026 <sup>(a)</sup> | 1650000 | 1599312 |
| **Steel - 0.6%** |  |  |
| ArcelorMittal SA, 6.55%, 11/29/2027  | 1700000 | 1774125 |
| **Total Materials** |  | 9016939 |
| **<u>Technology</u> - 0.5%** |  |  |
| **Technology Distributors - 0.5%** |  |  |
| CDW LLC / CDW Finance Corp. |  |  |
| 2.67%, 12/01/2026  | 890000 | 873483 |
| 4.25%, 04/01/2028  | 662000 | 658379 |
| **Total Technology** |  | 1531862 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **CORPORATE BONDS - 27.3% (CONTINUED)** | **Par** | **Value**  |
| **<u>Utilities</u> - 2.0%** | | |
| **Electric Utilities - 1.0%** | | |
| NRG Energy, Inc. |  |  |
| 2.00%, 12/02/2025 <sup>(a)</sup> | $999000 | $993786 |
| 2.45%, 12/02/2027 <sup>(a)</sup> | 700000 | 671202 |
| Pacific Gas and Electric Co., 3.15%, 01/01/2026  | 1400000 | 1395648 |
|  |  | 3060636 |
| **Gas Utilities - 0.5%** |  |  |
| National Fuel Gas Co., 5.50%, 10/01/2026  | 1550000 | 1566923 |
| **Utilities - 0.5%** |  |  |
| Vistra Operations Co. LLC |  |  |
| 5.05%, 12/30/2026 <sup>(a)</sup> | 400000 | 402599 |
| 3.70%, 01/30/2027 <sup>(a)</sup> | 1150000 | 1139717 |
|  |  | 1542316 |
| **Total Utilities** |  | 6169875 |
| **TOTAL CORPORATE BONDS** (Cost $83,757,253) |  | 84202225 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 16.7%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| Series K053, Class A2, 3.00%, 12/25/2025  | 1709881 | 1704945 |
| Series K054, Class A2, 2.75%, 01/25/2026  | 682371 | 679394 |
| Series K055, Class A2, 2.67%, 03/25/2026  | 2072277 | 2059294 |
| Series K056, Class A2, 2.53%, 05/25/2026  | 2335610 | 2315825 |
| Series K058, Class A2, 2.65%, 08/25/2026  | 2777000 | 2747125 |
| Series K060, Class A2, 3.30%, 10/25/2026  | 1150000 | 1142925 |
| Series K061, Class A2, 3.35%, 11/25/2026 <sup>(c)</sup> | 833396 | 828587 |
| Series K734, Class A2, 3.21%, 02/25/2026  | 1606672 | 1601999 |
| Series K735, Class A2, 2.86%, 05/25/2026  | 1904164 | 1891909 |
| Series K-F100, Class AS, 4.53% (30 day avg SOFR US + 0.18%), 01/25/2028  | 254072 | 253295 |
| Series K-F101, Class AS, 4.55% (30 day avg SOFR US + 0.20%), 01/25/2031  | 280014 | 277163 |
| Series K-F104, Class AS, 4.60% (30 day avg SOFR US + 0.25%), 01/25/2031  | 570614 | 567886 |
| Series K-F105, Class AS, 4.60% (30 day avg SOFR US + 0.25%), 02/25/2031  | 944788 | 938064 |
| Series K-F107, Class AS, 4.60% (30 day avg SOFR US + 0.25%), 03/25/2028  | 1089904 | 1087525 |
| Series K-F112, Class AS, 4.58% (30 day avg SOFR US + 0.23%), 04/25/2031  | 429697 | 424031 |
| Series K-F113, Class AS, 4.58% (30 day avg SOFR US + 0.23%), 05/25/2028  | 290254 | 288528 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 16.7% (CONTINUED)** | **Par** | **Value**  |
| Series K-F114, Class AS, 4.57% (30 day avg SOFR US + 0.22%), 05/25/2031  | $1120414 | $1104960 |
| Series K-F115, Class AS, 4.56% (30 day avg SOFR US + 0.21%), 06/25/2031  | 1839014 | 1813012 |
| Series K-F117, Class AS, 4.59% (30 day avg SOFR US + 0.24%), 06/25/2031  | 400420 | 395594 |
| Series K-F118, Class AS, 4.55% (30 day avg SOFR US + 0.20%), 07/25/2028  | 190388 | 188977 |
| Series K-F121, Class AS, 4.53% (30 day avg SOFR US + 0.18%), 08/25/2028  | 763039 | 756749 |
| Series K-F122, Class AS, 4.54% (30 day avg SOFR US + 0.19%), 09/25/2031  | 1434279 | 1427052 |
| Series KF125, Class AS, 4.57% (30 day avg SOFR US + 0.22%), 10/25/2028  | 1015328 | 1007728 |
| Series KF129, Class AS, 4.60% (30 day avg SOFR US + 0.25%), 01/25/2029  | 2500687 | 2482995 |
| Series KF133, Class AS, 4.72% (30 day avg SOFR US + 0.37%), 02/25/2029  | 1351923 | 1346950 |
| Series KF160, Class AS, 5.05% (30 day avg SOFR US + 0.70%), 10/25/2030  | 490532 | 493616 |
| Series KF48, Class A, 4.76% (30 day avg SOFR US + 0.40%), 06/25/2028  | 1086516 | 1084454 |
| Series KF57, Class A, 5.01% (30 day avg SOFR US + 0.65%), 12/25/2028  | 542034 | 544684 |
| Series KF59, Class A, 5.01% (30 day avg SOFR US + 0.65%), 02/25/2029  | 997596 | 1000635 |
| Series KF61, Class A, 5.00% (30 day avg SOFR US + 0.64%), 03/25/2029  | 372060 | 373191 |
| Series KF75, Class AL, 4.98% (30 day avg SOFR US + 0.62%), 12/25/2029  | 366322 | 369476 |
| Series KF75, Class AS, 4.90% (SOFR 1M Historical Calendar Day Compounded + 0.55%), 12/25/2029  | 396738 | 397535 |
| Series KF79, Class AL, 4.94% (30 day avg SOFR US + 0.58%), 05/25/2030  | 797517 | 799288 |
| Series KF86, Class AS, 4.67% (30 day avg SOFR US + 0.32%), 08/25/2027  | 509367 | 508220 |
| Series KF87, Class AL, 4.82% (30 day avg SOFR US + 0.46%), 08/25/2030  | 141626 | 141933 |
| Series KF87, Class AS, 4.70% (30 day avg SOFR US + 0.35%), 08/25/2030  | 566505 | 564924 |
| Series KF88, Class AL, 4.80% (30 day avg SOFR US + 0.44%), 09/25/2030  | 3812842 | 3803393 |
| Series KF90, Class AS, 4.73% (30 day avg SOFR US + 0.38%), 09/25/2030  | 303704 | 302079 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 16.7% (CONTINUED)** | **Par** | **Value**  |
| Series KF91, Class AS, 4.73% (30 day avg SOFR US + 0.38%), 10/25/2030  | $311679 | $310024 |
| Series KF93, Class AS, 4.66% (30 day avg SOFR US + 0.31%), 10/25/2027  | 851577 | 849041 |
| Series KF94, Class AL, 4.77% (30 day avg SOFR US + 0.41%), 11/25/2030  | 1011312 | 1007331 |
| Series KF94, Class AS, 4.69% (30 day avg SOFR US + 0.34%), 11/25/2030  | 337104 | 335903 |
| Series KF95, Class AL, 4.73% (30 day avg SOFR US + 0.37%), 11/25/2030  | 806896 | 804473 |
| Series KF96, Class AL, 4.73% (30 day avg SOFR US + 0.37%), 12/25/2030  | 946010 | 940558 |
| Series KF97, Class AS, 4.60% (30 day avg SOFR US + 0.25%), 12/25/2030  | 197842 | 195579 |
| Series KF99, Class AS, 4.55% (30 day avg SOFR US + 0.20%), 12/25/2030  | 512711 | 505629 |
| Series KJ21, Class A2, 3.70%, 09/25/2026  | 886330 | 883153 |
| Federal National Mortgage Association |  |  |
| Series 2015-M10, Class A2, 3.09%, 04/25/2027 <sup>(c)</sup> | 926310 | 912837 |
| Series 2017-M15, Class ATS2, 3.21%, 11/25/2027 <sup>(c)</sup> | 505290 | 497300 |
| Series 2017-M4, Class A2, 2.66%, 12/25/2026 <sup>(c)</sup> | 850838 | 836732 |
| Freddie Mac Structured Agency Credit Risk Debt Notes |  |  |
| Series 2021-DNA7, Class M1, 5.21% (30 day avg SOFR US + 0.85%), 11/25/2041 <sup>(a)</sup> | 128624 | 129138 |
| Series 2024-DNA1, Class M1, 5.71% (30 day avg SOFR US + 1.35%), 02/25/2044 <sup>(a)</sup> | 911620 | 917438 |
| Series 2024-HQA2, Class M1, 5.56% (30 day avg SOFR US + 1.20%), 08/25/2044 <sup>(a)</sup> | 1326350 | 1329577 |
| GS Mortgage-Backed Securities Trust, Series 2023-PJ6, Class A16, 6.50%, 04/25/2054 <sup>(a)(c)</sup> | 257728 | 262135 |
| Sequoia Mortgage Trust, Series 2023-4, Class A10, 6.00%, 11/25/2053 <sup>(a)(c)</sup> | 182885 | 184235 |
| Verus Securitization Trust, Series 2021-R3, Class A3, 1.38%, 04/25/2064 <sup>(a)(c)</sup> | 979889 | 912029 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $51,525,398) |  | 51529052 |
| **COLLATERALIZED LOAN OBLIGATIONS - 15.3%** |  |  |
| AMMC CDO, Series 2017-21A, Class B, 6.24% (3 mo. Term SOFR + 1.94%), 11/02/2030 <sup>(a)</sup> | 23467 | 23470 |
| BCRED BSL Static CLO Ltd., Series 2025-1A, Class AR, 5.54% (3 mo. Term SOFR + 1.25%), 07/24/2035 <sup>(a)</sup> | 1000000 | 1000017 |
| Black Diamond CLO Ltd., Series 2019-2A, Class A1AR, 5.64% (3 mo. Term SOFR + 1.32%), 07/23/2032 <sup>(a)</sup> | 892148 | 892888 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COLLATERALIZED LOAN OBLIGATIONS - 15.3% (CONTINUED)** | **Par** | **Value**  |
| BlueMountain CLO Ltd., Series 2018-22A, Class A2, 5.98% (3 mo. Term SOFR + 1.66%), 07/15/2031 <sup>(a)</sup> | $1500000 | $1501235 |
| Canyon Capital CLO Ltd., Series 2016-1A, Class AR, 5.65% (3 mo. Term SOFR + 1.33%), 07/15/2031 <sup>(a)</sup> | 1025892 | 1026214 |
| Dryden Senior Loan Fund |  |  |
| Series 2018-61A, Class A1R2, 5.40% (3 mo. Term SOFR + 1.08%), 01/17/2032 <sup>(a)</sup> | 2312044 | 2315942 |
| Series 2019-80A, Class ARR, 5.15% (3 mo. Term SOFR + 0.95%), 01/17/2033 <sup>(a)</sup> | 2500000 | 2500000 |
| Fortress Credit Opportunities, Series 2025-31A, Class A1, 5.82% (3 mo. Term SOFR + 1.50%), 07/20/2033 <sup>(a)</sup> | 2000000 | 2003162 |
| Gallatin CLO Ltd., Series 2017-1A, Class A1R, 5.67% (3 mo. Term SOFR + 1.35%), 07/15/2031 <sup>(a)</sup> | 1185386 | 1185750 |
| KKR CLO Trust, Series 18, Class A1R2, 5.19% (3 mo. Term SOFR + 1.05%), 10/18/2035 <sup>(a)</sup> | 1750000 | 1752625 |
| LCM XIII LP, Series 14A, Class AR, 5.63% (3 mo. Term SOFR + 1.30%), 07/20/2031 <sup>(a)</sup> | 13064 | 13064 |
| LJV I MM CLO LLC, Series 2022-1A, Class A1, 6.16% (3 mo. Term SOFR + 1.85%), 04/28/2034 <sup>(a)</sup> | 2657761 | 2662151 |
| Maranon Loan Funding Ltd., Series 2021-3A, Class XR, 5.62% (3 mo. Term SOFR + 1.30%), 10/15/2036 <sup>(a)</sup> | 812500 | 812478 |
| MidOcean Credit CLO, Series 2016-6A, Class ARRR, 5.56% (3 mo. Term SOFR + 1.23%), 04/20/2033 <sup>(a)</sup> | 1511684 | 1508470 |
| Milos Clo, Series 2017-1A, Class AR, 5.66% (3 mo. Term SOFR + 1.33%), 10/20/2030 <sup>(a)</sup> | 694673 | 695060 |
| OCP CLO Ltd., Series 2014-5A, Class A1R, 5.66% (3 mo. Term SOFR + 1.34%), 04/26/2031 <sup>(a)</sup> | 18685 | 18687 |
| Octagon Investment Partners Ltd., Series 2016-1A, Class XRR, 5.62% (3 mo. Term SOFR + 1.30%), 04/24/2037 <sup>(a)</sup> | 986842 | 989709 |
| OZLM Ltd., Series 2019-24A, Class A1AR, 5.75% (3 mo. Term SOFR + 1.42%), 07/20/2032 <sup>(a)</sup> | 1670734 | 1670946 |
| Palmer Square Loan Funding Ltd., Series 2022-3A, Class A1AR, 5.42% (3 mo. Term SOFR + 1.10%), 04/15/2031 <sup>(a)</sup> | 445116 | 443993 |
| Parliament Funding, Series 2020-1A, Class BR, 6.24% (3 mo. Term SOFR + 1.91%), 10/20/2031 <sup>(a)</sup> | 728001 | 728041 |
| Rockford Tower CLO Ltd., Series 2019-1A, Class AR2, 0.00% (3 mo. Term SOFR + 1.10%), 04/20/2034 <sup>(a)</sup> | 3000000 | 3000000 |
| ROMARK CLO LLC, Series 2021-4A, Class A1R, 0.00% (3 mo. Term SOFR + 1.14%), 07/10/2034 <sup>(a)</sup> | 1000000 | 1000000 |
| Sound Point CLO Ltd. |  |  |
| Series 2013-3RA, Class A, 5.74% (3 mo. Term SOFR + 1.41%), 04/18/2031 <sup>(a)</sup> | 3933816 | 3937239 |
| Series 2015-2A, Class ARRR, 5.80% (3 mo. Term SOFR + 1.47%), 07/20/2032 <sup>(a)</sup> | 2671792 | 2674082 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COLLATERALIZED LOAN OBLIGATIONS - 15.3% (CONTINUED)** | **Par** | **Value**  |
| Series 2018-1A, Class A, 5.58% (3 mo. Term SOFR + 1.26%), 04/15/2031 <sup>(a)</sup> | $821116 | $821262 |
| Steele Creek CLO Ltd., Series 2014-1RA, Class B, 6.09% (3 mo. Term SOFR + 1.76%), 04/21/2031 <sup>(a)</sup> | 822723 | 822844 |
| Symphony CLO Ltd. |  |  |
| Series 2014-15A, Class AR3, 5.66% (3 mo. Term SOFR + 1.34%), 01/17/2032 <sup>(a)</sup> | 1353910 | 1354792 |
| Series 2021-26A, Class AR, 5.67% (3 mo. Term SOFR + 1.34%), 04/20/2033 <sup>(a)</sup> | 2302012 | 2304751 |
| TCI-Symphony CLO Ltd., Series 2016-1A, Class AR2, 5.60% (3 mo. Term SOFR + 1.28%), 10/13/2032 <sup>(a)</sup> | 757284 | 758417 |
| THL Credit Lake Shore MM CLO Ltd., Series 2019-2A, Class A1RR, 5.72% (3 mo. Term SOFR + 1.40%), 10/17/2031 <sup>(a)</sup> | 597429 | 597540 |
| TIAA CLO Ltd. |  |  |
| Series 2016-1A, Class ARR, 5.58% (3 mo. Term SOFR + 1.25%), 07/20/2031 <sup>(a)</sup> | 771607 | 771807 |
| Series 2017-2A, Class A, 5.73% (3 mo. Term SOFR + 1.41%), 01/16/2031 <sup>(a)</sup> | 477608 | 477655 |
| Trinitas CLO Ltd., Series 2020-14A, Class A1R2, 5.33% (3 mo. Term SOFR + 1.10%), 01/25/2034 <sup>(a)</sup> | 2200000 | 2201938 |
| Venture CDO Ltd. |  |  |
| Series 2014-18X, Class CR, 6.68% (3 mo. Term SOFR + 2.36%), 10/15/2029  | 276623 | 276677 |
| Series 2018-32A, Class A1, 5.69% (3 mo. Term SOFR + 1.36%), 07/18/2031 <sup>(a)</sup> | 409746 | 410204 |
| Voya CLO Ltd., Series 2019-3A, Class AR, 5.66% (3 mo. Term SOFR + 1.34%), 10/17/2032 <sup>(a)</sup> | 1847660 | 1846062 |
| **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $47,016,523) | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $47,016,523) | 46999172 |
| **MORTGAGE-BACKED SECURITIES - 4.7%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| Pool WN1067, 0.77%, 10/01/2025  | 1000000 | 998780 |
| Pool WN2035, 2.05%, 10/01/2026  | 1580965 | 1552609 |
| Series KF130, Class AS, 4.64% (30 day avg SOFR US + 0.29%), 01/25/2029  | 589289 | 587881 |
| Series KF135, Class AS, 4.72% (30 day avg SOFR US + 0.37%), 05/25/2029  | 606706 | 605735 |
| Series KF166, Class AS, 4.95% (30 day avg SOFR US + 0.60%), 01/25/2032  | 2000000 | 2003632 |
| Series KJ49, Class AFL, 4.95% (30 day avg SOFR US + 0.60%), 01/25/2031  | 991142 | 992243 |
| Federal National Mortgage Association |  |  |
| Pool AN0287, 2.95%, 11/01/2025  | 1500000 | 1496279 |
| Pool AN1613, 2.55%, 07/01/2026  | 2616766 | 2584083 |

---

------

---

| |
|:---|
| **STRIVE ENHANCED INCOME SHORT MATURITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **MORTGAGE-BACKED SECURITIES - 4.7% (CONTINUED)** | **Par** | **Value**  |
| Pool AN3381, 2.52%, 10/01/2026  | $906100 | $891261 |
| Pool AN7890, 3.06%, 12/01/2027  | 2750000 | 2681239 |
| **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $14,394,631) | **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $14,394,631) | 14393742 |
| **SHORT-TERM INVESTMENTS** |  |  |
| **MONEY MARKET FUNDS - 7.0%** | **Shares** |  |
| First American Government Obligations Fund - Class X, 4.05%<sup>(e)</sup> | 21588101 | 21588101 |
| **TOTAL MONEY MARKET FUNDS** (Cost $21,588,101) |  | 21588101 |
| **U.S. TREASURY BILLS - 2.2%** | **Par** |  |
| 4.09%, 12/18/2025 <sup>(f)</sup> | $7000000 | 6941513 |
| **TOTAL U.S. TREASURY BILLS** (Cost $6,938,820) |  | 6941513 |
| **TOTAL INVESTMENTS - 102.5% (**Cost $315,357,756**)** |  | $315782150 |
| Liabilities in Excess of Other Assets - (2.5)%  |  | (7823301) |
| **TOTAL NET ASSETS - 100.0%** |  | $307958849 |

---

Par amount is in USD unless otherwise indicated.

Percentages are stated as a percent of net assets.

---

| |
|:---|
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |
| SOFR - Secured Overnight Financing Rate |

---

(a) <br> Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of September 30, 2025, the value of these securities total $165,735,824 or 53.8% of the Fund's net assets.

(b) <br> Step coupon bond. The rate disclosed is as of September 30, 2025.

(c) <br> Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of September 30, 2025.

(d) <br> Represents less than 0.05% of net assets.

(e) <br> The rate shown represents the 7-day annualized yield as of September 30, 2025.

(f) <br> The rate shown is the annualized yield as of September 30, 2025.

The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

------

**STRIVE ENHANCED INCOME SHORT MATURITY ETF**

**Summary of Fair Value Disclosure as of September 30, 2025 (Unaudited)**

Strive Enhanced Income Short Maturity ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **Assets** | | | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | $— | $90128345 | $— | $90128345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds |  | 84202225 |  | 84202225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations |  | 51529052 |  | 51529052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations |  | 46999172 |  | 46999172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities |  | 14393742 |  | 14393742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 21588101 |  |  | 21588101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills |  | 6941513 |  | 6941513 |
| **Total Investments** | $21588101 | $294194049 | $— | $315782150 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

During the fiscal period ended September 30, 2025, the Strive Enhanced Income Short Maturity ETF did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EA Series Trust

- **b. Investment Company Act file number:** 811-22961

- **c. CIK number of Registrant:** 0001592900

- **d. LEI of Registrant:** 549300OFTR67XBWX5T25

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

  - **Street Address 1:** 3803 West Chester Pike

  - **City:** Newton Square

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19073

  - **Telephone number:** 215-882-9983

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

- **a. Name of Series:** Strive Enhanced Income Short Maturity ETF

- **b. EDGAR series identifier (if any):** S000080333

- **c. LEI of Series:** 5493000HC7HNRBCTST54

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

- **a. Date of fiscal year-end:** 2026-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $318197163.79

**Total Liabilities:** $8822899.68

**Net Assets:** $309374264.11

**Delayed Delivery Securities:** $4000000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 3038.525363255410 | **1-Year:** 22351.380968368340 | **5-Year:** 5905.632750349161 | **10-Year:** 984.115706723591 | **30-Year:** 387.474128431239

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

- **3-Month:** 0.000000000000 | **1-Year:** 168.720734875000 | **5-Year:** 163.733915125000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000242671 | 0.35%                | 0.60%                | 0.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $40126.05                | $-229830.88                                |
| Month 2  | $790.67                  | $531216.19                                 |
| Month 3  | $51186.70                | $-537599.77                                |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** XDH368VJLI

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| OVINTIV INC                    | Ovintiv Inc                                                  | CUSIP: 651290AR9<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1400268.52   | 0.45%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OZLM Ltd                       | OZLM XXIV Ltd                                                | CUSIP: 67113DAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1670734 | PA      | $1670946.24   | 0.54%             | 2032-07-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                      | ONEOK Inc                                                    | CUSIP: 682680CL5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200711.90    | 0.06%             | 2026-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Oportun Funding LLC            | Oportun Issuance Trust 2024-2                                | CUSIP: 68377KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87604 | PA      | $87698.65     | 0.03%             | 2032-02-09      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC         | Pacific Gas and Electric Co                                  | CUSIP: 694308JP3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1395647.55   | 0.45%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| FMC CORP                       | FMC Corp                                                     | CUSIP: 302491AT2<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1533292.92   | 0.50%             | 2026-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freedom Financial              | FREED ABS Trust 2021-3FP                                     | CUSIP: 30322MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11547 | PA      | $11533.08     | 0.00%             | 2028-11-20      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| First Help Financial LLC       | FHF Issuer Trust 2023-2                                      | CUSIP: 30333LAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    264324 | PA      | $266720.91    | 0.09%             | 2029-10-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                    | Freddie Mac Pool                                             | CUSIP: 3132XFFH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $998780.00    | 0.32%             | 2025-10-01      | Fixed         | 0.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                    | Freddie Mac Pool                                             | CUSIP: 3132XGHM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1580965 | PA      | $1552609.09   | 0.50%             | 2026-10-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust     | Flagship Credit Auto Trust 2021-4                            | CUSIP: 33845AAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    116000 | PA      | $110056.10    | 0.04%             | 2027-12-15      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust     | Flagship Credit Auto Trust 2021-3                            | CUSIP: 33846QAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     78000 | PA      | $74825.81     | 0.02%             | 2027-09-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                       | Flex Ltd                                                     | CUSIP: 33938XAC9<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    300000 | PA      | $298895.92    | 0.10%             | 2026-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                     | CUSIP: 345397B51<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1616487.47   | 0.52%             | 2028-02-16      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities  | Fortress Credit Opportunities XXXI CLO Ltd                   | CUSIP: 34990GAA3<br>LEI: 25490034R237Z9DZDO05 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2003162.00   | 0.65%             | 2033-07-20      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR            | Freddie Mac STACR REMIC Trust 2021-DNA7                      | CUSIP: 35564KMA4<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | CORP              | US        |    128624 | PA      | $129137.82    | 0.04%             | 2041-11-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR            | Freddie Mac STACR REMIC Trust 2024-DNA1                      | CUSIP: 35564NAX1<br>LEI: 529900N6M839KA246662 | Long             | ABS-MBS          | CORP              | US        |    911620 | PA      | $917437.93    | 0.30%             | 2044-02-25      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR            | Freddie Mac STACR REMIC Trust 2024-HQA2                      | CUSIP: 35564NDZ3<br>LEI: 5299002OYNAPMJKK2A73 | Long             | ABS-MBS          | CORP              | US        |   1326350 | PA      | $1329577.30   | 0.43%             | 2044-08-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| GATX CORP                      | GATX Corp                                                    | CUSIP: 361448AY9<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    450000 | PA      | $446644.02    | 0.14%             | 2026-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GATX CORP                      | GATX Corp                                                    | CUSIP: 361448BA0<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    280000 | PA      | $275055.35    | 0.09%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities  | GS Mortgage-Backed Securities Trust 2023-PJ6                 | CUSIP: 36268FBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    257728 | PA      | $262135.33    | 0.08%             | 2054-04-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities  | GS Mortgage-Backed Securities Trust 2024-HE2                 | CUSIP: 36271AAA1<br>LEI: 254900W4Z6DJOVCWAH28 | Long             | ABS-MBS          | CORP              | US        |   1129023 | PA      | $1141474.79   | 0.37%             | 2055-01-25      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO         | General Motors Financial Co Inc                              | CUSIP: 37045XDH6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1479092.49   | 0.48%             | 2028-04-10      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust     | GLS Auto Receivables Issuer Trust 2022-3                     | CUSIP: 38014QAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2028062.00   | 0.66%             | 2028-06-15      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN       | Graphic Packaging International LLC                          | CUSIP: 38869PAP9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    108000 | PA      | $106255.12    | 0.03%             | 2026-04-15      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| HCA INC                        | HCA Inc                                                      | CUSIP: 404119CP2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1177970.31   | 0.38%             | 2028-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT         | HAT Holdings I LLC / HAT Holdings II LLC                     | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    747000 | PA      | $739867.16    | 0.24%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC    | Hertz Vehicle Financing III LP                               | CUSIP: 42806MAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $486705.55    | 0.16%             | 2027-12-27      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co                                | CUSIP: 42824CBK4<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1483059.84   | 0.48%             | 2026-04-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| HEXCEL CORP                    | Hexcel Corp                                                  | CUSIP: 428291AN8<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |    570000 | PA      | $567834.74    | 0.18%             | 2027-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP       | Host Hotels & Resorts LP                                     | CUSIP: 44107TAW6<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1048693.65   | 0.34%             | 2026-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC           | Juniper Networks Inc                                         | CUSIP: 48203RAN4<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |    900000 | PA      | $893972.05    | 0.29%             | 2025-12-10      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd          | KKR CLO 18 Ltd                                               | CUSIP: 48251JAS2<br>LEI: 54930088PYF0FHKY5C94 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1752625.00   | 0.57%             | 2035-10-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                    | KeyBank NA/Cleveland OH                                      | CUSIP: 49327V2A1<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    630000 | PA      | $626629.82    | 0.20%             | 2026-05-20      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO           | Kraft Heinz Foods Co                                         | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    900000 | PA      | $892688.17    | 0.29%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership            | LCM XIV LP                                                   | CUSIP: 50184VAR5<br>LEI: 549300NGJ6CPPJRPGL08 | Long             | ABS-CBDO         | CORP              | KY        |     13064 | PA      | $13064.21     | 0.00%             | 2031-07-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| LJV I MM CLO LLC               | LJV I MM CLO LLC                                             | CUSIP: 50203VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2657761 | PA      | $2662151.41   | 0.86%             | 2034-04-28      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Lake Shore MM CLO LLC          | Lake Shore MM CLO II Ltd                                     | CUSIP: 510760AL5<br>LEI: 5493004NSSTVWDFT9W29 | Long             | ABS-CBDO         | CORP              | KY        |    597429 | PA      | $597540.39    | 0.19%             | 2031-10-17      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust  | Lendbuzz Securitization Trust 2024-3                         | CUSIP: 52609YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    414253 | PA      | $414719.25    | 0.13%             | 2029-10-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC       | Lloyds Banking Group PLC                                     | CUSIP: 539439AM1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $700174.91    | 0.23%             | 2025-12-10      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC            | Global Payments Inc                                          | CUSIP: 891906AC3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200237.40    | 0.06%             | 2026-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS TRUST 2023-3PL                                      | CUSIP: 000876AD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    844854 | PA      | $856340.44    | 0.28%             | 2030-08-19      | Fixed         | 8.36%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS TRUST 2023-1PL                                      | CUSIP: 00091XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    404318 | PA      | $407291.60    | 0.13%             | 2030-03-18      | Fixed         | 8.47%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS TRUST 2024-1PL                                      | CUSIP: 00092BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     93297 | PA      | $93867.19     | 0.03%             | 2031-04-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS TRUST 2024-1PL                                      | CUSIP: 00092BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    106988 | PA      | $108554.44    | 0.04%             | 2031-04-25      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS TRUST 2024-1PL                                      | CUSIP: 00092BAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    740332 | PA      | $754846.54    | 0.24%             | 2031-04-25      | Fixed         | 7.29%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS TRUST 2024-2PL                                      | CUSIP: 00092HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    191931 | PA      | $193781.84    | 0.06%             | 2031-10-27      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS TRUST 2024-2PL                                      | CUSIP: 00092HAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1806623 | PA      | $1824515.21   | 0.59%             | 2031-10-27      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS Trust 2024-3AL                                      | CUSIP: 00092KAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    422671 | PA      | $427056.35    | 0.14%             | 2031-12-26      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                 | ACHV ABS Trust 2024-3AL                                      | CUSIP: 00092KAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    865874 | PA      | $879113.05    | 0.28%             | 2031-12-26      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| American Money Management Corp | AMMC CLO 21 LTD                                              | CUSIP: 00178LAC3<br>LEI: 549300DYK366J47FIO80 | Long             | ABS-CBDO         | CORP              | KY        |     23467 | PA      | $23470.37     | 0.01%             | 2030-11-02      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Affirm Master Trust            | Affirm Master Trust                                          | CUSIP: 00833BAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007850.80   | 0.33%             | 2033-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                 | Air Lease Corp                                               | CUSIP: 00914AAM4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1567176.58   | 0.51%             | 2026-08-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                  | Aircastle Ltd                                                | CUSIP: 00928QAU5<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   1550000 | PA      | $1495111.21   | 0.48%             | 2028-01-26      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec | American Credit Acceptance Receivables Trust 2022-4          | CUSIP: 02529XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    890091 | PA      | $900439.80    | 0.29%             | 2029-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec | American Credit Acceptance Receivables Trust 2023-3          | CUSIP: 02530EAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3700000 | PA      | $3786355.78   | 1.22%             | 2029-10-12      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec | American Credit Acceptance Receivables Trust 2023-1          | CUSIP: 02530UAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1790000 | PA      | $1813845.31   | 0.59%             | 2029-04-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec | American Credit Acceptance Receivables Trust 2024-2          | CUSIP: 02531BAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1539107.40   | 0.50%             | 2030-04-12      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| APOLLO MANAGEMENT HOLDIN       | Apollo Management Holdings LP                                | CUSIP: 03765HAB7<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |    370000 | PA      | $369734.79    | 0.12%             | 2026-05-27      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA               | ArcelorMittal SA                                             | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |   1700000 | PA      | $1774125.54   | 0.57%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Arivo Acceptance Auto Loan Rec | Arivo Acceptance Auto Loan Receivables Trust 2024-1          | CUSIP: 039943AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    291100 | PA      | $293382.80    | 0.09%             | 2028-04-17      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP              | Ares Capital Corp                                            | CUSIP: 04010LBE2<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    950000 | PA      | $978169.65    | 0.32%             | 2027-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC          | Arrow Electronics Inc                                        | CUSIP: 042735AK6<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |    500000 | PA      | $518337.10    | 0.17%             | 2027-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC          | Arrow Electronics Inc                                        | CUSIP: 042735BF6<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1038231.21   | 0.34%             | 2028-01-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC            | Ashtead Capital Inc                                          | CUSIP: 045054AN3<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1513844.89   | 0.49%             | 2026-08-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                 | BorgWarner Inc                                               | CUSIP: 099724AL0<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1510457.21   | 0.49%             | 2027-07-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE            | CDW LLC / CDW Finance Corp                                   | CUSIP: 12513GBD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    662000 | PA      | $658378.44    | 0.21%             | 2028-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE            | CDW LLC / CDW Finance Corp                                   | CUSIP: 12513GBG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    890000 | PA      | $873483.02    | 0.28%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| COOPR Residential Mortgage Tru | COOPR Residential Mortgage Trust 2025-CES1                   | CUSIP: 12596SAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    473634 | PA      | $478400.08    | 0.15%             | 2060-05-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| COOPR Residential Mortgage Tru | COOPR Residential Mortgage Trust 2025-CES2                   | CUSIP: 12674UAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    972664 | PA      | $987391.29    | 0.32%             | 2060-06-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| CABOT CORP                     | Cabot Corp                                                   | CUSIP: 127055AK7<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1189828.92   | 0.38%             | 2026-09-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd         | Canyon Capital CLO 2016-1 Ltd                                | CUSIP: 13887PAK1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1025892 | PA      | $1026213.78   | 0.33%             | 2031-07-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1600000 | PA      | $1578160.96   | 0.51%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cherry Securitization Trust    | Cherry Securitization Trust 2025-1                           | CUSIP: 16473RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $508493.45    | 0.16%             | 2032-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                  | Citigroup Inc                                                | CUSIP: 172967KJ9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1552577.06   | 0.50%             | 2026-03-09      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| COMERICA INC                   | Comerica Inc                                                 | CUSIP: 200340AQ0<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1541634.12   | 0.50%             | 2026-07-22      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC             | Conagra Brands Inc                                           | CUSIP: 205887CF7<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1083535.84   | 0.35%             | 2027-11-01      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES          | Continental Resources Inc/OK                                 | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1511683.72   | 0.49%             | 2026-11-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| DT Auto Owner Trust            | DT Auto Owner Trust 2022-2                                   | CUSIP: 23345AAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1910168 | PA      | $1916222.78   | 0.62%             | 2028-03-15      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC            | Delta Air Lines Inc                                          | CUSIP: 247361A24<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101240.31    | 0.03%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC            | Delta Air Lines Inc                                          | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1507289.52   | 0.49%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE NA                 | Capital One NA                                               | CUSIP: 25466AAJ0<br>LEI: 207ALC1P1YM0OVDV0K75 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1193055.61   | 0.39%             | 2026-07-27      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund        | Dryden 80 CLO Ltd                                            | CUSIP: 26245JBA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2500000.00   | 0.81%             | 2033-01-17      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund        | Dryden 61 Clo Ltd                                            | CUSIP: 26251CBA1<br>LEI: 549300JHVVT1NJ057H42 | Long             | ABS-CBDO         | CORP              | KY        |   2312044 | PA      | $2315941.65   | 0.75%             | 2032-01-17      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| EQT CORP                       | EQT Corp                                                     | CUSIP: 26884LAF6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    671000 | PA      | $666822.20    | 0.22%             | 2027-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| EQT CORP                       | EQT Corp                                                     | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    879000 | PA      | $871121.31    | 0.28%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables  | Exeter Automobile Receivables Trust 2022-3                   | CUSIP: 30166YAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $811023.52    | 0.26%             | 2028-09-15      | Fixed         | 6.76%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables  | Exeter Automobile Receivables Trust 2023-3                   | CUSIP: 301989AF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1023608.10   | 0.33%             | 2029-04-16      | Fixed         | 6.68%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                 | Fannie Mae-Aces                                              | CUSIP: 3136AN6U6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    926310 | PA      | $912837.29    | 0.30%             | 2027-04-25      | Variable      | 3.09%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                 | Fannie Mae-Aces                                              | CUSIP: 3136AVY52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    850838 | PA      | $836732.11    | 0.27%             | 2026-12-25      | Variable      | 2.66%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                 | Fannie Mae-Aces                                              | CUSIP: 3136AY6U2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    505290 | PA      | $497300.03    | 0.16%             | 2027-11-25      | Variable      | 3.21%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FHGE7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    886330 | PA      | $883152.99    | 0.29%             | 2026-09-25      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FKWZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    542034 | PA      | $544683.71    | 0.18%             | 2028-12-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FL6K5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    997596 | PA      | $1000635.18   | 0.32%             | 2029-02-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FLN34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1606672 | PA      | $1601999.49   | 0.52%             | 2026-02-25      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                     | Fannie Mae Pool                                              | CUSIP: 3138LCJ97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1496278.50   | 0.48%             | 2025-11-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                     | Fannie Mae Pool                                              | CUSIP: 3138LDYK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2616766 | PA      | $2584082.57   | 0.84%             | 2026-07-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                     | Fannie Mae Pool                                              | CUSIP: 3138LFXK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    906100 | PA      | $891261.35    | 0.29%             | 2026-10-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                     | Fannie Mae Pool                                              | CUSIP: 3138LLXU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2750000 | PA      | $2681239.00   | 0.87%             | 2027-12-01      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Parliament Funding II Ltd      | Parliament Funding II ltd                                    | CUSIP: 70163QAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    728001 | PA      | $728041.43    | 0.24%             | 2031-10-20      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL       | Penske Truck Leasing Co Lp / PTL Finance Corp                | CUSIP: 709599BU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    625000 | PA      | $630058.23    | 0.20%             | 2026-05-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trus | Prestige Auto Receivables Trust 2025-1                       | CUSIP: 74113UAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2016971.60   | 0.65%             | 2028-11-15      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Purchasing Power Funding       | Purchasing Power Funding 2024-A LLC                          | CUSIP: 745935AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $403668.72    | 0.13%             | 2028-08-15      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management    | RCKT Mortgage Trust 2025-CES7                                | CUSIP: 74943AAB8<br>LEI: 254900E35NYYFOUTHD06 | Long             | ABS-MBS          | CORP              | US        |    977322 | PA      | $989453.98    | 0.32%             | 2055-07-25      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC               | Radian Group Inc                                             | CUSIP: 750236AW1<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1554811.91   | 0.50%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Reach Financial LLC            | Reach Abs Trust 2024-1                                       | CUSIP: 75526PAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $504917.90    | 0.16%             | 2031-02-18      | Fixed         | 6.29%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor A | Research-Driven Pagaya Motor Asset Trust 2023-4              | CUSIP: 76088UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     90115 | PA      | $90504.82     | 0.03%             | 2032-03-25      | Fixed         | 7.54%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor A | Research-Driven Pagaya Motor Asset Trust 2023-3              | CUSIP: 76089RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     77838 | PA      | $77961.55     | 0.03%             | 2032-01-26      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor A | Research-Driven Pagaya Motor Asset Trust 2025-3              | CUSIP: 76090QAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2017521.20   | 0.65%             | 2034-02-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd         | Rockford Tower CLO 2019-1 Ltd                                | CUSIP: 77342MAY2<br>LEI: 549300GGUAM1ZV2SKK63 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3000000.00   | 0.97%             | 2034-04-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                | Rolls-Royce PLC                                              | CUSIP: 77578JAB4<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |   1250000 | PA      | $1249468.26   | 0.40%             | 2025-10-14      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Romark CLO Ltd                 | Romark CLO - IV Ltd                                          | CUSIP: 77588LAN1<br>LEI: 549300HD9K8XL8QM2Z46 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000000.00   | 0.32%             | 2034-07-10      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                  | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    100000 | PA      | $101966.39    | 0.03%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                  | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1500000 | PA      | $1499185.40   | 0.48%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SAFCO Auto Receivables Trust   | SAFCO Auto Receivables Trust 2025-1                          | CUSIP: 785923AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1229605 | PA      | $1228042.53   | 0.40%             | 2029-09-10      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| SAFCO Auto Receivables Trust   | SAFCO Auto Receivables Trust 2024-1                          | CUSIP: 78637EAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $250094.35    | 0.08%             | 2028-11-20      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortg | Saluda Grade Alternative Mortgage Trust 2023-FIG4            | CUSIP: 79581UAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    343369 | PA      | $351143.86    | 0.11%             | 2053-11-25      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                | Sealed Air Corp                                              | CUSIP: 81211KAZ3<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1599311.64   | 0.52%             | 2026-10-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust         | Sequoia Mortgage Trust 2023-4                                | CUSIP: 81743JAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    182885 | PA      | $184235.53    | 0.06%             | 2053-11-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD            | Sound Point CLO IX Ltd                                       | CUSIP: 83609GBN4<br>LEI: 549300W2FX6HEXN27U70 | Long             | ABS-CBDO         | CORP              | KY        |   2671792 | PA      | $2674081.62   | 0.86%             | 2032-07-20      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                     | Sprint LLC                                                   | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1262844.95   | 0.41%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Steele Creek CLO Ltd           | Steele Creek CLO 2014-1 Ltd                                  | CUSIP: 85816WAE4<br>LEI: 549300ZMV389HVGL0K94 | Long             | ABS-CBDO         | CORP              | KY        |    822723 | PA      | $822844.39    | 0.27%             | 2031-04-21      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| STRIKE ACCEPTANCE AUTO FUNDING | Strike Acceptance Auto Funding Trust 2025-1                  | CUSIP: 86332RAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    706025 | PA      | $708586.67    | 0.23%             | 2032-04-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd               | Symphony CLO XV Ltd                                          | CUSIP: 87154EBE9<br>LEI: 549300JNP1PJXORD0Y06 | Long             | ABS-CBDO         | CORP              | KY        |   1353910 | PA      | $1354792.41   | 0.44%             | 2032-01-17      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK                 | Synchrony Bank                                               | CUSIP: 87166FAE3<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255349.10    | 0.08%             | 2027-08-23      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd               | Symphony CLO XXVI Ltd                                        | CUSIP: 87190GAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2302012 | PA      | $2304751.21   | 0.74%             | 2033-04-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| TCI-Symphony CLO               | TCI-Symphony CLO 2016-1 Ltd                                  | CUSIP: 87229WAQ4<br>LEI: 5493005WLG3H3B8NI222 | Long             | ABS-CBDO         | CORP              | KY        |    757284 | PA      | $758416.81    | 0.25%             | 2032-10-13      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY | TIAA CLO I Ltd                                               | CUSIP: 87271LAY8<br>LEI: 549300SWQCCOXV4X1761 | Long             | ABS-CBDO         | CORP              | KY        |    771607 | PA      | $771807.42    | 0.25%             | 2031-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY | Tiaa Clo III Ltd                                             | CUSIP: 87272HAA8<br>LEI: 54930043TEPI4UKGHU90 | Long             | ABS-CBDO         | CORP              | KY        |    477608 | PA      | $477654.92    | 0.15%             | 2031-01-16      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                    | Textron Inc                                                  | CUSIP: 883203BW0<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1198657.16   | 0.39%             | 2026-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Theorem Funding Trust          | Theorem Funding Trust 2022-2                                 | CUSIP: 88339FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1356571 | PA      | $1362964.70   | 0.44%             | 2028-12-15      | Fixed         | 9.27%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP         | Toll Brothers Finance Corp                                   | CUSIP: 88947EAS9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1511516.34   | 0.49%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2025-CES2                          | CUSIP: 89183KAB3<br>LEI: 25490031FI1THTB1EH80 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $501552.50    | 0.16%             | 2065-07-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust 2025-CRM1                          | CUSIP: 891946AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2630052 | PA      | $2677174.80   | 0.87%             | 2065-01-25      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| Tricolor Auto Securitization T | Tricolor Auto Securitization Trust 2024-3                    | CUSIP: 89617AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1445455.00   | 0.47%             | 2028-09-15      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd               | Trinitas CLO XIV Ltd                                         | CUSIP: 89641QAY6<br>LEI: 549300095MXHZZMH2053 | Long             | ABS-CBDO         | CORP              | KY        |   2200000 | PA      | $2201938.20   | 0.71%             | 2034-01-25      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC            | United Airlines Inc                                          | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1698850.99   | 0.55%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                                  | CUSIP: 912797QZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6941512.76   | 2.24%             | 2025-12-18      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Upgrade Master Pass-Thru Trust | Upgrade Master Pass-Thru Trust Series 2025-ST4               | CUSIP: 91533MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    928165 | PA      | $932561.16    | 0.30%             | 2032-08-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Upgrade Receivables Trust      | Upgrade Receivables Trust 2024-1                             | CUSIP: 91533NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    156683 | PA      | $156254.56    | 0.05%             | 2031-02-18      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Upstart Pass Through Trust     | Upstart Pass-Through Trust Series 2022-ST3                   | CUSIP: 91681EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     89570 | PA      | $89270.50     | 0.03%             | 2030-05-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust   | Upstart Securitization Trust                                 | CUSIP: 91684NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    708733 | PA      | $711759.29    | 0.23%             | 2034-11-20      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                | Venture 32 CLO Ltd                                           | CUSIP: 92325QAA5<br>LEI: 549300UP09C89Q3HWD39 | Long             | ABS-CBDO         | CORP              | KY        |    409746 | PA      | $410203.68    | 0.13%             | 2031-07-18      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Veros Auto Receivables Trust   | Veros Auto Receivables Trust 2025-1                          | CUSIP: 92511BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    394072 | PA      | $394208.41    | 0.13%             | 2028-09-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| Veros Auto Receivables Trust   | Veros Auto Receivables Trust 2024-1                          | CUSIP: 92512WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    215417 | PA      | $215538.06    | 0.07%             | 2027-11-15      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust     | Verus Securitization Trust 2021-R3                           | CUSIP: 92538EAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    979889 | PA      | $912029.03    | 0.29%             | 2064-04-25      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE         | VICI Properties LP / VICI Note Co Inc                        | CUSIP: 92564RAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148407.69    | 0.05%             | 2027-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE         | VICI Properties LP / VICI Note Co Inc                        | CUSIP: 92564RAH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1455392.27   | 0.47%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                     | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1139717.44   | 0.37%             | 2027-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                     | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    400000 | PA      | $402598.80    | 0.13%             | 2026-12-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru | Vista Point Securitization Trust 2024-CES3                   | CUSIP: 92841WAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1736563 | PA      | $1759055.05   | 0.57%             | 2055-01-25      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru | Vista Point Securitization Trust Series 2024-CES2            | CUSIP: 92841YAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    385792 | PA      | $387829.80    | 0.13%             | 2054-10-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru | Vista Point Securitization Trust Series 2024-CES2            | CUSIP: 92841YAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1004630.00   | 0.32%             | 2054-10-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru | Vista Point Securitization Trust 2025-CES1                   | CUSIP: 92842DAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2670410 | PA      | $2713756.28   | 0.88%             | 2055-04-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru | Vista Point Securitization Trust 2025-CES2                   | CUSIP: 92842UAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    985860 | PA      | $992417.01    | 0.32%             | 2055-08-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                   | Voya CLO 2019-3 Ltd                                          | CUSIP: 92918FAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1847660 | PA      | $1846061.59   | 0.60%             | 2032-10-17      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT       | Western Midstream Operating LP                               | CUSIP: 958254AK0<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1160075.70   | 0.37%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FLYN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    372060 | PA      | $373190.76    | 0.12%             | 2029-03-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freedom Financial              | FREED ABS Trust 2022-3FP                                     | CUSIP: 35634EAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    182012 | PA      | $183169.92    | 0.06%             | 2029-08-20      | Fixed         | 7.36%                 | No            |                  2 | On Loan: No      |
| Freedom Financial              | FREED ABS Trust 2022-4FP                                     | CUSIP: 35634JAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400287 | PA      | $402842.41    | 0.13%             | 2029-12-18      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC            | Frontier Issuer LLC                                          | CUSIP: 35910EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1016032.90   | 0.33%             | 2053-08-20      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Gallatin Loan Management, LLC  | Gallatin CLO VIII 2017-1 Ltd                                 | CUSIP: 36361UAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1185386 | PA      | $1185749.86   | 0.38%             | 2031-07-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2023-8                                  | CUSIP: 694960AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       100 | PA      | $101.57       | 0.00%             | 2031-06-16      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2023-8                                  | CUSIP: 694960AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1575263 | PA      | $1611248.77   | 0.52%             | 2031-06-16      | Fixed         | 7.96%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2023-8                                  | CUSIP: 694960AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1431830 | PA      | $1473451.34   | 0.48%             | 2031-06-16      | Fixed         | 9.54%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2025-1                          | CUSIP: 69544NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    999915 | PA      | $1011501.33   | 0.33%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2025-1                          | CUSIP: 69544NAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    499957 | PA      | $504438.13    | 0.16%             | 2032-07-15      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2024-8                          | CUSIP: 69544QAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    507498 | PA      | $512240.41    | 0.17%             | 2032-01-15      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2025-3                          | CUSIP: 69544TAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    499899 | PA      | $504403.41    | 0.16%             | 2032-12-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2025-3                          | CUSIP: 69544TAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    499899 | PA      | $508486.18    | 0.16%             | 2032-12-15      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2023-5                                  | CUSIP: 69546PAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    161705 | PA      | $162359.48    | 0.05%             | 2031-04-15      | Fixed         | 9.10%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya Ai Debt Grantor Trust 2024-9                          | CUSIP: 69546QAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    342585 | PA      | $345056.76    | 0.11%             | 2032-03-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2022-5                                  | CUSIP: 69548HAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1335 | PA      | $1335.93      | 0.00%             | 2030-06-17      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2023-7                                  | CUSIP: 69548RAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    294010 | PA      | $296015.89    | 0.10%             | 2031-07-15      | Fixed         | 8.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FMU67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1904164 | PA      | $1891908.76   | 0.61%             | 2026-05-25      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FREN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    366322 | PA      | $369476.07    | 0.12%             | 2029-12-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2023-7                                  | CUSIP: 69548RAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    161554 | PA      | $162270.08    | 0.05%             | 2031-07-15      | Variable      | 8.80%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya Ai Debt Grantor Trust 2025-6                          | CUSIP: 69549BAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1000766.50   | 0.32%             | 2033-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya Ai Debt Grantor Trust 2025-6                          | CUSIP: 69549BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $999914.20    | 0.32%             | 2033-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FREP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    396738 | PA      | $397535.32    | 0.13%             | 2029-12-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FTZZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    797517 | PA      | $799288.09    | 0.26%             | 2030-05-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FX4E5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    141626 | PA      | $141932.55    | 0.05%             | 2030-08-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FX4G0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    566505 | PA      | $564924.29    | 0.18%             | 2030-08-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FXLT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    509367 | PA      | $508220.05    | 0.16%             | 2027-08-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FXR26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    311678 | PA      | $310024.11    | 0.10%             | 2030-10-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FXZA9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    570614 | PA      | $567886.25    | 0.18%             | 2031-01-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FYTS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    944788 | PA      | $938063.68    | 0.30%             | 2031-02-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FYU46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1089904 | PA      | $1087524.79   | 0.35%             | 2028-03-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H0H92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    429697 | PA      | $424030.85    | 0.14%             | 2031-04-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H13L8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    290254 | PA      | $288528.19    | 0.09%             | 2028-05-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H13Y0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1120414 | PA      | $1104959.98   | 0.36%             | 2031-05-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H2NK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    763039 | PA      | $756748.89    | 0.24%             | 2028-08-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H3K84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    409794 | PA      | $407729.08    | 0.13%             | 2031-09-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H4CA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1015328 | PA      | $1007728.39   | 0.33%             | 2028-10-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H5XZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500687 | PA      | $2482994.81   | 0.80%             | 2029-01-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H5Y35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    589289 | PA      | $587881.26    | 0.19%             | 2029-01-25      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H6MJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1351923 | PA      | $1346949.62   | 0.44%             | 2029-02-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H7KA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    606706 | PA      | $605735.32    | 0.20%             | 2029-05-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137HBBP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    490532 | PA      | $493615.76    | 0.16%             | 2030-10-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137HBPH1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    991142 | PA      | $992242.46    | 0.32%             | 2031-01-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137HKXG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $2003632.00   | 0.65%             | 2032-01-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings  | Pagaya Point of Sale Holdings Grantor Trust 2025-1           | CUSIP: 694952AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1771259.00   | 0.57%             | 2034-01-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings  | Pagaya Point of Sale Holdings Grantor Trust 2025-1           | CUSIP: 694952AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $759061.20    | 0.25%             | 2034-01-20      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2024-2                                  | CUSIP: 694961AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    452573 | PA      | $456057.74    | 0.15%             | 2031-08-15      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya Ai Debt Trust 2025-R1                                 | CUSIP: 69547CAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1009400.60   | 0.33%             | 2032-06-15      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya Ai Debt Trust 2025-R1                                 | CUSIP: 69547CAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1008186.80   | 0.33%             | 2032-06-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2025-4                                  | CUSIP: 69547DAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1512403.20   | 0.49%             | 2033-01-17      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2025-4                                  | CUSIP: 69547DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1015652.60   | 0.33%             | 2033-01-17      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2025-4                                  | CUSIP: 69547DAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1017946.70   | 0.33%             | 2033-01-17      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2024-3                                  | CUSIP: 69547XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    159869 | PA      | $160838.93    | 0.05%             | 2031-10-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2024-3                                  | CUSIP: 69547XAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    711535 | PA      | $716552.16    | 0.23%             | 2031-10-15      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2024-1                                  | CUSIP: 69548AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    471322 | PA      | $475243.16    | 0.15%             | 2031-07-15      | Fixed         | 7.11%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Trust 2024-1                                  | CUSIP: 69548AAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    374538 | PA      | $379129.69    | 0.12%             | 2031-07-15      | Fixed         | 8.34%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd | Palmer Square Loan Funding 2022-3 Ltd                        | CUSIP: 69690CAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    445116 | PA      | $443992.54    | 0.14%             | 2031-04-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust   | Upstart Securitization Trust 2021-2                          | CUSIP: 91680FAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     29774 | PA      | $29725.13     | 0.01%             | 2031-06-20      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Upstart Structured Pass-Throug | Upstart Structured Pass-Through Trust Series 2022-4A         | CUSIP: 91680YBE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    101545 | PA      | $101867.20    | 0.03%             | 2030-11-15      | Fixed         | 8.54%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust   | Upstart Securitization Trust 2025-1                          | CUSIP: 91684PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    741647 | PA      | $747993.51    | 0.24%             | 2035-04-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                | Venture XVIII CLO Ltd                                        | CUSIP: BCC2EMJ10<br>LEI: 549300MWRVTJN0X3KI79 | Long             | ABS-CBDO         | CORP              | KY        |    276623 | PA      | $276677.04    | 0.09%             | 2029-10-15      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING          | Athene Global Funding                                        | CUSIP: 04685A3V1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    700000 | PA      | $706084.95    | 0.23%             | 2026-05-08      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding | Avis Budget Rental Car Funding AESOP LLC                     | CUSIP: 05377REA8<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $498208.95    | 0.16%             | 2027-02-20      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding | Avis Budget Rental Car Funding AESOP LLC                     | CUSIP: 05377REH3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1207000 | PA      | $1184243.46   | 0.38%             | 2027-08-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding | Avis Budget Rental Car Funding AESOP LLC                     | CUSIP: 05377REK6<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    570000 | PA      | $559403.81    | 0.18%             | 2027-08-20      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding | Avis Budget Rental Car Funding AESOP LLC                     | CUSIP: 05377RFW9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1008958.10   | 0.33%             | 2027-04-20      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| AVNET INC                      | Avnet Inc                                                    | CUSIP: 053807AS2<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1199132.78   | 0.39%             | 2026-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AVNET INC                      | Avnet Inc                                                    | CUSIP: 053807AW3<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |    500000 | PA      | $520429.03    | 0.17%             | 2028-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD       | Avolon Holdings Funding Ltd                                  | CUSIP: 05401AAP6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    335000 | PA      | $321809.81    | 0.10%             | 2028-02-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD       | Avolon Holdings Funding Ltd                                  | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    198000 | PA      | $190409.61    | 0.06%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD       | Avolon Holdings Funding Ltd                                  | CUSIP: 05401AAS0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1100000 | PA      | $1147744.16   | 0.37%             | 2028-05-04      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK NA            | Fifth Third Bank NA                                          | CUSIP: 31677AAB0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1547323.71   | 0.50%             | 2026-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                    | FIGRE Trust 2024-HE3                                         | CUSIP: 31684GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1471289 | PA      | $1510245.47   | 0.49%             | 2054-07-25      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                    | FIGRE Trust 2024-SL1                                         | CUSIP: 31684JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2590162 | PA      | $2650823.68   | 0.86%             | 2053-07-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund                   | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  24757316 | NS      | $24757316.35  | 8.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2024-11                         | CUSIP: 69544AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1481066 | PA      | $1492127.43   | 0.48%             | 2032-07-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2024-5                          | CUSIP: 69544LAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    580802 | PA      | $586542.39    | 0.19%             | 2031-10-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2024-10                         | CUSIP: 69544MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    759948 | PA      | $765837.94    | 0.25%             | 2032-06-15      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust | Pagaya AI Debt Grantor Trust 2024-8                          | CUSIP: 69544QAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    318784 | PA      | $321113.58    | 0.10%             | 2032-01-15      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| BCRED BSL Static CLO Ltd       | BCRED BSL Static CLO 2025-1 Ltd                              | CUSIP: 05556KAA0<br>LEI: 2549001IQYV4NQDSNA79 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000017.00   | 0.32%             | 2035-07-24      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| BOF URSA FUNDING               | BOF URSA VI Funding Trust I                                  | CUSIP: 05603LAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320456 | PA      | $322395.41    | 0.10%             | 2031-10-27      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                                         | CUSIP: 06051GFU8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1300994.62   | 0.42%             | 2026-03-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                   | Barclays PLC                                                 | CUSIP: 06738EAP0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1550000 | PA      | $1557638.80   | 0.50%             | 2026-05-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC               | Berry Global Inc                                             | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1189777.18   | 0.38%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| Black Diamond CLO Ltd          | Black Diamond Clo 2019-2 Ltd                                 | CUSIP: 09204GAF6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    892148 | PA      | $892887.65    | 0.29%             | 2032-07-23      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd           | BlueMountain CLO XXII Ltd                                    | CUSIP: 09629PAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1501234.50   | 0.49%             | 2031-07-15      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| BOEING CO                      | Boeing Co/The                                                | CUSIP: 097023CH6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    958000 | PA      | $951753.79    | 0.31%             | 2026-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BOEING CO                      | Boeing Co/The                                                | CUSIP: 097023DA0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    592000 | PA      | $588693.43    | 0.19%             | 2026-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BN6G4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1709881 | PA      | $1704944.81   | 0.55%             | 2025-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BNGT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    682371 | PA      | $679394.09    | 0.22%             | 2026-01-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BPW21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2072277 | PA      | $2059294.41   | 0.67%             | 2026-03-25      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BQYS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2335610 | PA      | $2315824.67   | 0.75%             | 2026-05-25      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BSP72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2777000 | PA      | $2747125.03   | 0.89%             | 2026-08-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BTAC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1150000 | PA      | $1142925.20   | 0.37%             | 2026-10-25      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BTUM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    833396 | PA      | $828586.71    | 0.27%             | 2026-11-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F62A4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3812842 | PA      | $3803393.42   | 1.23%             | 2030-09-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F6JH1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    303704 | PA      | $302078.57    | 0.10%             | 2030-09-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F73D5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    851577 | PA      | $849040.69    | 0.27%             | 2027-10-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F84A8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1011312 | PA      | $1007330.79   | 0.33%             | 2030-11-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F84B6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    337104 | PA      | $335903.01    | 0.11%             | 2030-11-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F84M2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    806896 | PA      | $804472.79    | 0.26%             | 2030-11-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F8MQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    946010 | PA      | $940557.98    | 0.30%             | 2030-12-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F8ZR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    197842 | PA      | $195579.49    | 0.06%             | 2030-12-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F9Z46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    512711 | PA      | $505629.25    | 0.16%             | 2030-12-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FF3L9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    254072 | PA      | $253295.26    | 0.08%             | 2028-01-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FFNQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    280014 | PA      | $277162.54    | 0.09%             | 2031-01-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FGRL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1086516 | PA      | $1084454.16   | 0.35%             | 2028-06-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H1LN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1839014 | PA      | $1813012.42   | 0.59%             | 2031-06-25      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H1LV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    400420 | PA      | $395593.61    | 0.13%             | 2031-06-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H1Z82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    190388 | PA      | $188976.71    | 0.06%             | 2028-07-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC            | Silgan Holdings Inc                                          | CUSIP: 827048AX7<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1624347.91   | 0.53%             | 2026-04-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Sotheby's Artfi Master Trust 2 | Sotheby's Artfi Master Trust                                 | CUSIP: 83589CAA6<br>LEI: 9845002FA850DM72BA31 | Long             | ABS-O            | CORP              | US        |   1312000 | PA      | $1320847.60   | 0.43%             | 2031-12-22      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD            | Sounds Point CLO IV-R LTD                                    | CUSIP: 83609YAC0<br>LEI: 549300HOEGQTNS4MTZ12 | Long             | ABS-CBDO         | CORP              | KY        |   3933816 | PA      | $3937238.83   | 1.27%             | 2031-04-18      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD            | SOUND POINT CLO XIX Ltd                                      | CUSIP: 83610JAA4<br>LEI: 5493001QI7ZD0IPL4A34 | Long             | ABS-CBDO         | CORP              | KY        |    821116 | PA      | $821261.49    | 0.27%             | 2031-04-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC               | LPL Holdings Inc                                             | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    850000 | PA      | $866465.31    | 0.28%             | 2027-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Lobel Automobile Receivables T | Lobel Automobile Receivables Trust 2023-1                    | CUSIP: 53946XAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1516000 | PA      | $1542851.85   | 0.50%             | 2030-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO       | Manufacturers & Traders Trust Co                             | CUSIP: 55279HAQ3<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246379.38    | 0.08%             | 2027-08-17      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD       | Macquarie Airfinance Holdings Ltd                            | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |   1700000 | PA      | $1729465.49   | 0.56%             | 2028-03-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC       | Lloyds Banking Group PLC                                     | CUSIP: 53944YAB9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    850000 | PA      | $850717.84    | 0.27%             | 2026-03-24      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Lobel Automobile Receivables T | Lobel Automobile Receivables Trust 2023-1                    | CUSIP: 53946XAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    195211 | PA      | $196412.92    | 0.06%             | 2028-10-16      | Fixed         | 8.31%                 | No            |                  2 | On Loan: No      |
| Maranon Loan Funding Ltd       | Maranon Loan Funding 2021-3 Ltd                              | CUSIP: 56577NAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    812500 | PA      | $812478.06    | 0.26%             | 2036-10-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust         | Marlette Funding Trust 2022-3                                | CUSIP: 57109NAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    303751 | PA      | $304515.58    | 0.10%             | 2032-11-15      | Fixed         | 6.89%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust         | Marlette Funding Trust 2023-3                                | CUSIP: 57109RAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    552675 | PA      | $556070.26    | 0.18%             | 2033-09-15      | Fixed         | 7.06%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust         | Marlette Funding Trust 2023-3                                | CUSIP: 57109RAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1628000 | PA      | $1678951.35   | 0.54%             | 2033-09-15      | Fixed         | 8.04%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                     | Mattel Inc                                                   | CUSIP: 577081BE1<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1489478.00   | 0.48%             | 2026-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP            | Meritage Homes Corp                                          | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1210838.64   | 0.39%             | 2027-06-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MidOcean Credit CLO            | MidOcean Credit CLO VI                                       | CUSIP: 59802XBN2<br>LEI: 549300YUUBR2C1GYW366 | Long             | ABS-CBDO         | CORP              | KY        |   1511684 | PA      | $1508470.36   | 0.49%             | 2033-04-20      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Milos CLO, LTD                 | Milos CLO Ltd                                                | CUSIP: 60162PAE2<br>LEI: 254900GFWI4EEB8IJS18 | Long             | ABS-CBDO         | CORP              | KY        |    694673 | PA      | $695060.40    | 0.22%             | 2030-10-20      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                               | CUSIP: 629377CN0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    999000 | PA      | $993785.44    | 0.32%             | 2025-12-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                               | CUSIP: 629377CP5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    700000 | PA      | $671202.34    | 0.22%             | 2027-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO           | National Fuel Gas Co                                         | CUSIP: 636180BS9<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1566923.12   | 0.51%             | 2026-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                    | OCP CLO 2014-5 Ltd                                           | CUSIP: 67102SAL8<br>LEI: 254900NXH68CRC058O44 | Long             | ABS-CBDO         | CORP              | KY        |     18685 | PA      | $18687.17     | 0.01%             | 2031-04-26      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR       | Occidental Petroleum Corp                                    | CUSIP: 674599CR4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1484409.75   | 0.48%             | 2026-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust       | Octane Receivables Trust 2023-2                              | CUSIP: 67571QAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     35896 | PA      | $35572.88     | 0.01%             | 2031-06-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust       | Octane Receivables Trust 2022-2                              | CUSIP: 67578XAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1031065.60   | 0.33%             | 2030-02-20      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 28 | Octagon Investment Partners 28 Ltd                           | CUSIP: 67591EBE2<br>LEI: 254900BI638DCRT6IN48 | Long             | ABS-CBDO         | CORP              | KY        |    986842 | PA      | $989708.88    | 0.32%             | 2037-04-24      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                      | ONEOK Inc                                                    | CUSIP: 682680BR3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1200729.11   | 0.39%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-18

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer